v3.26.3
BUSINESS SEGMENTS (Tables)
 12 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment
The following tables summarize the Company's financial performance by reportable segment:

202620252024
NET SALES:
Recreational vehicles
North American Towable$3,176,687 $3,784,666 $3,679,671 
North American Motorized2,455,160 2,175,604 2,445,850 
Total North America5,631,847 5,960,270 6,125,521 
European3,296,729 3,023,961 3,364,980 
Total recreational vehicles8,928,576 8,984,231 9,490,501 
Other976,976 859,609 781,927 
Intercompany eliminations(297,407)(264,350)(229,020)
Total$9,608,145 $9,579,490 $10,043,408 
202620252024
COST OF PRODUCTS SOLD:
Recreational vehicles
North American Towable$2,820,110 $3,287,690 $3,252,285 
North American Motorized2,239,310 1,964,970 2,168,010 
Total North America5,059,420 5,252,660 5,420,295 
European2,853,046 2,563,642 2,783,769 
Total recreational vehicles7,912,466 7,816,302 8,204,064 
Other780,508 685,739 616,549 
Intercompany eliminations(297,459)(263,192)(229,167)
Total$8,395,515 $8,238,849 $8,591,446 

GROSS PROFIT:
Recreational vehicles
North American Towable$356,577 $496,976 $427,386 
North American Motorized215,850 210,634 277,840 
Total North America572,427 707,610 705,226 
European443,683 460,319 581,211 
Total recreational vehicles1,016,110 1,167,929 1,286,437 
Other, net196,520 172,712 165,525 
Total$1,212,630 $1,340,641 $1,451,962 

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES:
Recreational vehicles
North American Towable$221,454 $256,536 $246,330 
North American Motorized130,004 124,715 136,398 
Total North America351,458 381,251 382,728 
European327,621 306,254 298,013 
Total recreational vehicles679,079 687,505 680,741 
Other, net89,166 81,517 75,108 
Corporate135,151 153,532 139,682 
Total$903,396 $922,554 $895,531 

AMORTIZATION EXPENSE:
Recreational vehicles
North American Towable$15,852 $18,076 $20,101 
North American Motorized12,836 14,627 15,487 
Total North America28,688 32,703 35,588 
European48,168 48,566 51,649 
Total recreational vehicles76,856 81,269 87,237 
Other, net35,303 37,200 45,183 
Corporate— 558 124 
Total$112,159 $119,027 $132,544 
202620252024
INTEREST EXPENSE (INCOME), NET:
Recreational vehicles
North American Towable$(11)$(11)$(14)
North American Motorized— (8)1 
Total North America(11)(19)(13)
European(176)2,191 6,078 
Total recreational vehicles(187)2,172 6,065 
Other, net139 164 295 
Corporate36,884 46,105 82,306 
Total$36,836 $48,441 $88,666 
OTHER EXPENSE (INCOME), NET:
Recreational vehicles
North American Towable$(28,047)$(24,637)$(8,263)
North American Motorized(1,153)(14,043)(542)
Total North America(29,200)(38,680)(8,805)
European(4,171)1,674 (5,906)
Total recreational vehicles(33,371)(37,006)(14,711)
Other, net(165)91 (360)
Corporate(44,946)(8,657)1,448 
Total$(78,482)$(45,572)$(13,623)

INCOME (LOSS) BEFORE INCOME TAXES:
Recreational vehicles
North American Towable$147,329 $247,012 $169,232 
North American Motorized74,163 85,343 126,496 
Total North America221,492 332,355 295,728 
European72,241 101,634 231,377 
Total recreational vehicles293,733 433,989 527,105 
Other, net72,077 53,740 45,299 
Corporate(127,089)(191,538)(223,560)
Total$238,721 $296,191 $348,844 
The following tables provide other supplemental financial information by reportable segment:

20262025
TOTAL ASSETS:
Recreational vehicles
North American Towable$1,226,040 $1,270,005 
North American Motorized903,992 978,762 
Total North America2,130,032 2,248,767 
European3,035,269 2,965,645 
Total recreational vehicles5,165,301 5,214,412 
Other, net1,188,092 1,018,622 
Corporate602,762 832,250 
Total$6,956,155 $7,065,284 

202620252024
DEPRECIATION AND INTANGIBLE ASSET AMORTIZATION EXPENSE:
Recreational vehicles
North American Towable$47,410 $52,662 $54,716 
North American Motorized34,553 34,119 34,789 
Total North America81,963 86,781 89,505 
European131,798 129,434 126,831 
Total recreational vehicles213,761 216,215 216,336 
Other, net49,686 51,699 58,233 
Corporate2,908 3,293 2,576 
Total$266,355 $271,207 $277,145 


CAPITAL ACQUISITIONS:
Recreational vehicles
North American Towable$30,531 $15,808 $16,938 
North American Motorized31,061 15,249 16,329 
Total North America61,592 31,057 33,267 
European57,523 71,454 70,497 
Total recreational vehicles119,115 102,511 103,764 
Other, net24,349 11,792 26,108 
Corporate11,168 7,313 9,745 
Total$154,632 $121,616 $139,617 
202620252024
DESTINATION OF NET SALES BY GEOGRAPHIC REGION:
United States$5,826,706 $6,120,620 $6,190,597 
Germany2,007,923 1,922,361 2,023,566 
Other Europe1,298,428 1,103,112 1,343,081 
Canada440,085 392,985 435,839 
Other foreign35,003 40,412 50,325 
Total$9,608,145 $9,579,490 $10,043,408 

20262025
PROPERTY, PLANT AND EQUIPMENT BY GEOGRAPHIC REGION:
United States$695,100 $677,364 
Germany483,884 490,681 
Other Europe119,343 131,386 
Other11,177 16,297 
Total$1,309,504 $1,315,728