Stockholders' Equity |
9 Months Ended |
|---|---|
Apr. 30, 2026 | |
| Equity [Abstract] | |
| Stockholders' Equity | Stockholders’ Equity Stock-based Compensation The Company's Board of Directors (the “Board") and its shareholders approved the THOR Industries, Inc. Amended and Restated Equity and Incentive Plan (the “Plan”) effective December 17, 2025. The maximum number of shares issuable under the Plan is 2,800,000. As of April 30, 2026, the remaining shares available to be granted under the Plan is 2,799,761. There are no shares available for new awards under any previous equity and incentive plans. The key terms and provisions of the Plan are generally consistent with the prior, recently expired equity and incentive plan. Awards under the Plan may be in the form of stock options (incentive stock options and non-statutory stock options), restricted stock, restricted stock units, performance compensation stock awards and stock appreciation rights. Total stock-based compensation expense recognized in the three-month periods ended April 30, 2026 and April 30, 2025 for stock-based awards totaled $6,702 and $8,188, respectively. Total stock-based compensation expense recognized in the nine-month periods ended April 30, 2026 and April 30, 2025 for stock-based awards totaled $25,599 and $26,798, respectively. Share Repurchase Program On June 18, 2025, the Board authorized the Company's management to utilize up to $400,000 to purchase shares of the Company's common stock beginning on June 18, 2025 and extending through July 31, 2027. The June 18, 2025 authorization is the Company’s only active share repurchase authorization. During the three-month period ended April 30, 2026, the Company purchased 538,560 shares of its common stock, at various times in the open market, at a weighted-average price of $93.77 and held them as treasury shares at an aggregate purchase price of $50,500. During the nine-month period ended April 30, 2026, the Company purchased 831,526 shares of its common stock, at various times in the open market, at a weighted-average price of $97.15 and held them as treasury shares at an aggregate purchase price of $80,780. As of April 30, 2026, the remaining amount of the Company’s common stock that may be repurchased under the June 18, 2025 authorization expiring on July 31, 2027 is $298,520.
|