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BUSINESS SEGMENTS | 12 Months Ended
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Jul. 31, 2016
BUSINESS SEGMENTS | 4. BUSINESS SEGMENTS The Company has two reportable segments: (1) towable recreational vehicles and (2) motorized recreational vehicles. The towables recreational vehicle reportable segment consists of the following operating segments that have been aggregated: Airstream (towable), Heartland (including Bison, CRV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen), and KZ (including Livin’ Lite). The motorized recreational vehicle reportable segment consists of the following operating segments that have been aggregated: Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach) and Thor Motor Coach. The operations of the Company’s Postle subsidiary, which was acquired May 1, 2015, are included in Other, which is a non-reportable segment. Net sales included in Other mainly relate to the sale of aluminum extrusions and specialized component products. Intercompany eliminations adjust for Postle sales to the Company’s towables and motorized segments, which are consummated at established arm’s length transfer prices consistent with the selling prices of extrusion components to third party customers. All manufacturing is conducted in the United States. Total assets include those assets used in the operation of each reportable and non-reportable segment, and the Corporate assets consist primarily of cash and cash equivalents and deferred income tax assets.
|  | 2016 |  |  | 2015 |  |  | 2014 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 3,338,659 |  |  | $ | 3,096,405 |  |  | $ | 2,721,625 |
Motorized |  |  | 1,094,250 |  |  |  | 870,799 |  |  |  | 803,831 |
Total recreational vehicles |  |  | 4,432,909 |  |  |  | 3,967,204 |  |  |  | 3,525,456 |
Other |  |  | 218,673 |  |  |  | 56,594 |  |  |  | – |
Intercompany eliminations |  |  | (69,470 | ) |  |  | (16,979 | ) |  |  | – |
Total |  | $ | 4,582,112 |  |  | $ | 4,006,819 |  |  | $ | 3,525,456 |
Income (loss) from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 321,874 |  |  | $ | 259,092 |  |  | $ | 221,123 |
Motorized |  |  | 88,523 |  |  |  | 66,746 |  |  |  | 57,277 |
Total recreational vehicles |  |  | 410,397 |  |  |  | 325,838 |  |  |  | 278,400 |
Other |  |  | 18,547 |  |  |  | 1,424 |  |  |  | – |
Intercompany eliminations |  |  | (23 | ) |  |  | (554 | ) |  |  | – |
Corporate |  |  | (45,608 | ) |  |  | (33,813 | ) |  |  | (25,581 | )
Total |  | $ | 383,313 |  |  | $ | 292,895 |  |  | $ | 252,819 |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 1,425,168 |  |  | $ | 907,175 |  |  | $ | 868,017 |
Motorized |  |  | 476,973 |  |  |  | 162,940 |  |  |  | 170,251 |
Total recreational vehicles |  |  | 1,902,141 |  |  |  | 1,070,115 |  |  |  | 1,038,268 |
Other, net |  |  | 156,822 |  |  |  | 161,075 |  |  |  | – |
Corporate |  |  | 266,501 |  |  |  | 272,058 |  |  |  | 370,450 |
Total |  | $ | 2,325,464 |  |  | $ | 1,503,248 |  |  | $ | 1,408,718 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 36,054 |  |  | $ | 26,296 |  |  | $ | 22,192 |
Motorized |  |  | 2,994 |  |  |  | 2,353 |  |  |  | 2,359 |
Total recreational vehicles |  |  | 39,048 |  |  |  | 28,649 |  |  |  | 24,551 |
Other |  |  | 12,352 |  |  |  | 1,678 |  |  |  | – |
Corporate |  |  | 1,175 |  |  |  | 1,054 |  |  |  | 724 |
Discontinued operations |  |  | – |  |  |  | – |  |  |  | 559 |
Total |  | $ | 52,575 |  |  | $ | 31,381 |  |  | $ | 25,834 |
Capital acquisitions: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 37,489 |  |  | $ | 35,039 |  |  | $ | 16,914 |
Motorized |  |  | 11,191 |  |  |  | 4,309 |  |  |  | 5,942 |
Total recreational vehicles |  |  | 48,680 |  |  |  | 39,348 |  |  |  | 22,856 |
Other |  |  | 2,799 |  |  |  | 436 |  |  |  | – |
Corporate |  |  | 2,495 |  |  |  | 3,271 |  |  |  | 7,519 |
Discontinued operations |  |  | – |  |  |  | – |  |  |  | 63 |
Total |  | $ | 53,974 |  |  | $ | 43,055 |  |  | $ | 30,438 |
Export sales from the Company’s continuing operations, predominantly to Canada, were $368,426, $465,642 and $521,818 in fiscal 2016, 2015 and 2014, respectively, with the fiscal 2016 and 2015 totals being adversely impacted by the strength of the U.S. dollar during those periods.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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