v3.25.1
Business Segments
 9 Months Ended
Apr. 30, 2025
Segment Reporting [Abstract]  
Business Segments Business Segments
The Company has three reportable segments, all related to recreational vehicles: (1) North American Towable Recreational Vehicles, (2) North American Motorized Recreational Vehicles and (3) European Recreational Vehicles. The operations of the Company's Airxcel and Postle subsidiaries are included in “Other”. Net sales included in Other relate primarily to the sale of specialized component parts and aluminum extrusions. Intercompany eliminations adjust for Airxcel and Postle sales to the Company’s North American Towable and North American Motorized segments, which are consummated at established transfer prices generally consistent with the selling prices of products to third parties.

The following tables reflect certain financial information by reportable segment:

Three Months Ended April 30,Nine Months Ended April 30,
NET SALES:2025202420252024
Recreational vehicles
North American Towable$1,168,878$1,071,393$2,895,922$2,747,815
North American Motorized666,686646,9481,618,1921,928,531
Total North America1,835,5641,718,3414,514,1144,676,346
European883,542931,0612,100,9102,421,556
Total recreational vehicles2,719,1062,649,4026,615,0247,097,902
Other258,427216,227637,591581,682
Intercompany eliminations(82,717)(64,516)(196,908)(170,343)
Total$2,894,816$2,801,113$7,055,707$7,509,241

Three Months Ended April 30,Nine Months Ended April 30,
INCOME (LOSS) BEFORE INCOME TAXES:2025202420252024
Recreational vehicles
North American Towable$97,587$68,409$172,560$118,319
North American Motorized32,88333,17246,26296,684
Total North America130,470101,581218,822215,003
European46,29977,38249,686144,206
Total recreational vehicles176,769178,963268,508359,209
Other, net25,04118,83138,08335,650
Corporate(46,230)(55,444)(153,767)(173,033)
Total$155,580$142,350$152,824$221,826

TOTAL ASSETS:April 30, 2025July 31, 2024
Recreational vehicles
North American Towable$1,467,035$1,290,117
North American Motorized973,8781,077,808
Total North America2,440,9132,367,925
European2,971,9532,871,316
Total recreational vehicles5,412,8665,239,241
Other1,014,4391,058,842
Corporate742,985722,740
Total$7,170,290$7,020,823
DEPRECIATION AND INTANGIBLE ASSET AMORTIZATION EXPENSE:Three Months Ended April 30,Nine Months Ended April 30,
2025202420252024
Recreational vehicles
North American Towable$13,207$13,555$39,456$41,107
North American Motorized8,4008,55625,67726,347
Total North America21,60722,11165,13367,454
European30,90631,51793,47493,050
Total recreational vehicles52,51353,628158,607160,504
Other
12,75813,86538,63041,159
Corporate
9026582,5911,885
Total$66,173$68,151$199,828$203,548

Three Months Ended April 30,Nine Months Ended April 30,
CAPITAL ACQUISITIONS:2025202420252024
Recreational vehicles
North American Towable$5,252$3,726$12,818$15,099
North American Motorized4,1752,64210,02715,503
Total North America9,4276,36822,84530,602
European21,24513,26848,28644,144
Total recreational vehicles30,67219,63671,13174,746
Other
2,7925,7627,97720,297
Corporate
1,7009455,4117,852
Total$35,164$26,343$84,519$102,895