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BUSINESS SEGMENTS | 12 Months Ended
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Jul. 31, 2018
Segment Reporting [Abstract] |
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 Venture RV). 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 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 transfer prices generally 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.
|  | 2018 |  |  | 2017 |  |  | 2016 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 6,008,700 |  |  | $ | 5,127,491 |  |  | $ | 3,338,659 |
Motorized |  |  | 2,146,315 |  |  |  | 1,971,466 |  |  |  | 1,094,250 |
Total recreational vehicles |  |  | 8,155,015 |  |  |  | 7,098,957 |  |  |  | 4,432,909 |
Other |  |  | 305,947 |  |  |  | 253,557 |  |  |  | 218,673 |
Intercompany eliminations |  |  | (132,053 | ) |  |  | (105,562 | ) |  |  | (69,470 | )
Total |  | $ | 8,328,909 |  |  | $ | 7,246,952 |  |  | $ | 4,582,112 |
Income (loss) from continuing operations before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 532,657 |  |  | $ | 458,915 |  |  | $ | 321,874 |
Motorized |  |  | 134,785 |  |  |  | 125,323 |  |  |  | 88,523 |
Total recreational vehicles |  |  | 667,442 |  |  |  | 584,238 |  |  |  | 410,397 |
Other |  |  | 32,973 |  |  |  | 28,909 |  |  |  | 18,547 |
Intercompany eliminations |  |  | (306 | ) |  |  | (195 | ) |  |  | (23 | )
Corporate |  |  | (67,080 | ) |  |  | (56,566 | ) |  |  | (45,608 | )
Total |  | $ | 633,029 |  |  | $ | 556,386 |  |  | $ | 383,313 |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 1,654,361 |  |  | $ | 1,535,029 |  |  | $ | 1,425,168 |
Motorized |  |  | 492,830 |  |  |  | 500,761 |  |  |  | 476,973 |
Total recreational vehicles |  |  | 2,147,191 |  |  |  | 2,035,790 |  |  |  | 1,902,141 |
Other, net |  |  | 167,965 |  |  |  | 156,996 |  |  |  | 156,822 |
Corporate |  |  | 463,509 |  |  |  | 365,145 |  |  |  | 266,501 |
Total |  | $ | 2,778,665 |  |  | $ | 2,557,931 |  |  | $ | 2,325,464 |
Depreciation and amortization expense: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 68,964 |  |  | $ | 75,568 |  |  | $ | 36,054 |
Motorized |  |  | 11,800 |  |  |  | 9,393 |  |  |  | 2,994 |
Total recreational vehicles |  |  | 80,764 |  |  |  | 84,961 |  |  |  | 39,048 |
Other |  |  | 10,861 |  |  |  | 11,967 |  |  |  | 12,352 |
Corporate |  |  | 1,598 |  |  |  | 1,330 |  |  |  | 1,175 |
Total |  | $ | 93,223 |  |  | $ | 98,258 |  |  | $ | 52,575 |
Capital acquisitions: |  |  |  |  |  |  |  |  |  |  |  |
Recreational vehicles |  |  |  |  |  |  |  |  |  |  |  |
Towables |  | $ | 85,304 |  |  | $ | 72,801 |  |  | $ | 37,489 |
Motorized |  |  | 34,660 |  |  |  | 41,677 |  |  |  | 11,191 |
Total recreational vehicles |  |  | 119,964 |  |  |  | 114,478 |  |  |  | 48,680 |
Other |  |  | 8,440 |  |  |  | 1,157 |  |  |  | 2,799 |
Corporate |  |  | 8,902 |  |  |  | 2,120 |  |  |  | 2,495 |
Total |  | $ | 137,306 |  |  | $ | 117,755 |  |  | $ | 53,974 |
Export sales, predominantly to Canada, were $788,894, $628,176 and $368,426 in fiscal 2018, 2017 and 2016, respectively, and accounted for 9.5%, 8.7% and 8.0% of the Company’s consolidated net sales for those respective years.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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