v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Apr. 30, 2025
Jul. 31, 2024
Current assets:    
Cash and cash equivalents $ 508,321 $ 501,316
Accounts receivable, trade, net 717,812 502,301
Accounts receivable, other, net 138,113 198,594
Inventories, net 1,353,578 1,366,638
Prepaid income taxes, expenses and other 117,983 81,178
Total current assets 2,835,807 2,650,027
Property, plant and equipment, net 1,380,042 1,390,718
Other assets:    
Goodwill 1,834,722 1,786,973
Amortizable intangible assets, net 787,082 861,133
Deferred income tax assets, net 27,653 28,414
Equity investments 136,211 137,272
Other 168,773 166,286
Total other assets 2,954,441 2,980,078
TOTAL ASSETS 7,170,290 7,020,823
Current liabilities:    
Accounts payable 794,963 628,134
Current portion of long-term debt 5,444 32,650
Short-term financial obligations 66,687 72,051
Accrued liabilities:    
Compensation and related items 192,936 185,249
Product warranties 295,594 311,627
Income and other taxes 42,245 74,987
Promotions and rebates 175,635 169,928
Product, property and related liabilities 21,578 32,278
Other 60,028 60,118
Total current liabilities 1,655,110 1,567,022
Long-term debt, net 1,010,653 1,101,265
Deferred income tax liabilities, net 70,199 74,401
Unrecognized tax benefits 13,632 12,405
Other liabilities 196,565 191,677
Total long-term liabilities 1,291,049 1,379,748
Contingent liabilities and commitments
Stockholders’ equity:    
Preferred stock – authorized 1,000,000 shares; none outstanding 0 0
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 67,282,807 and 66,859,738 shares, respectively 6,728 6,686
Additional paid-in capital 604,907 577,015
Retained earnings 4,307,781 4,254,734
Accumulated other comprehensive loss, net of tax (2,365) (93,706)
Less: Treasury shares of 14,079,239 and 13,928,314, respectively, at cost (693,324) (677,299)
Stockholders’ equity attributable to THOR Industries, Inc. 4,223,727 4,067,430
Non-controlling interests 404 6,623
Total stockholders’ equity 4,224,131 4,074,053
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,170,290 $ 7,020,823