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Business Segments | 3 Months Ended
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Oct. 31, 2021
Segment Reporting [Abstract] |
Business Segments | Business Segments The Company has three reportable segments, all related to recreational vehicles: (1) North American Towables, (2) North American Motorized and (3) European. The operations of the Company's Postle, Togo Group (rebranded as Roadpass Digital in November 2021) and recently acquired Airxcel subsidiaries are included in Other. Net sales included in Other related primarily to the sale of component parts and aluminum extrusions. Intercompany eliminations adjust for Postle and Airxcel 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 October 31,
NET SALES: |  |  |  |  | 2021 |  | 2020
Recreational vehicles |  |  |  |  |  |  |
North American Towables |  |  |  |  | $ | 2,240,834 |  | $ | 1,392,044
North American Motorized |  |  |  |  | 925,028 |  | 493,855
Total North America |  |  |  |  | 3,165,862 |  | 1,885,899
European |  |  |  |  | 632,997 |  | 602,488
Total recreational vehicles |  |  |  |  | 3,798,859 |  | 2,488,387
Other |  |  |  |  | 257,830 |  | 80,707
Intercompany eliminations |  |  |  |  | (98,465) |  | (31,734)
Total |  |  |  |  | $ | 3,958,224 |  | $ | 2,537,360
|  |  | Three Months Ended October 31,
INCOME (LOSS) BEFORE INCOME TAXES: |  |  |  |  | 2021 |  | 2020
Recreational vehicles |  |  |  |  |  |  |
North American Towables |  |  |  |  | $ | 266,282 |  | $ | 141,179
North American Motorized |  |  |  |  | 88,898 |  | 41,567
Total North America |  |  |  |  | 355,180 |  | 182,746
European |  |  |  |  | (17,976) |  | (5,506)
Total recreational vehicles |  |  |  |  | 337,204 |  | 177,240
Other, net |  |  |  |  | 23,529 |  | 11,490
Corporate |  |  |  |  | (47,891) |  | (42,411)
Total |  |  |  |  | $ | 312,842 |  | $ | 146,319
TOTAL ASSETS: | October 31, 2021 |  | July 31, 2021 |  |  |  |
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 2,137,149 |  | $ | 1,870,577 |  |  |  |
North American Motorized | 1,244,251 |  | 1,073,506 |  |  |  |
Total North America | 3,381,400 |  | 2,944,083 |  |  |  |
European | 2,872,828 |  | 2,975,821 |  |  |  |
Total recreational vehicles | 6,254,228 |  | 5,919,904 |  |  |  |
Other | 1,223,899 |  | 272,350 |  |  |  |
Corporate | 290,644 |  | 461,834 |  |  |  |
Total | $ | 7,768,771 |  | $ | 6,654,088 |  |  |  |
DEPRECIATION AND INTANGIBLE AMORTIZATION EXPENSE: |  |  | Three Months Ended October 31,
|  |  |  | 2021 |  | 2020
Recreational vehicles |  |  |  |  |  |  |
North American Towables |  |  |  |  | $ | 16,302 |  | $ | 15,807
North American Motorized |  |  |  |  | 7,022 |  | 3,770
Total North America |  |  |  |  | 23,324 |  | 19,577
European |  |  |  |  | 34,713 |  | 31,323
Total recreational vehicles |  |  |  |  | 58,037 |  | 50,900
Other |  |  |  |  | 6,480 |  | 2,911
Corporate |  |  |  |  | 436 |  | 428
Total |  |  |  |  | $ | 64,953 |  | $ | 54,239
|  |  | Three Months Ended October 31,
CAPITAL ACQUISITIONS: |  |  |  |  | 2021 |  | 2020
Recreational vehicles |  |  |  |  |  |  |
North American Towables |  |  |  |  | $ | 13,134 |  | $ | 9,408
North American Motorized |  |  |  |  | 8,629 |  | 1,745
Total North America |  |  |  |  | 21,763 |  | 11,153
European |  |  |  |  | 14,802 |  | 9,894
Total recreational vehicles |  |  |  |  | 36,565 |  | 21,047
Other |  |  |  |  | 4,417 |  | 1,444
Corporate |  |  |  |  | 34 |  | 361
Total |  |  |  |  | $ | 41,016 |  | $ | 22,852

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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