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v3.23.1

Business Segments | 9 Months Ended
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Apr. 30, 2023
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 and Airxcel subsidiaries are included in “Other”, along with the operations of Roadpass Digital through December 30, 2022 as discussed in Note 9 to the Condensed Consolidated Financial Statements. Net sales included in Other related primarily to the sale of specialized component parts and aluminum extrusions. Intercompany eliminations primarily adjust for Postle and Airxcel sales to the Company’s North American towables 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 April 30, |  | Nine Months Ended April 30,
NET SALES: | 2023 |  | 2022 |  | 2023 |  | 2022
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 1,124,410 |  | $ | 2,640,137 |  | $ | 3,271,967 |  | $ | 6,866,059
North American Motorized | 795,940 |  | 1,053,045 |  | 2,658,042 |  | 2,954,879
Total North America | 1,920,350 |  | 3,693,182 |  | 5,930,009 |  | 9,820,938
European | 866,751 |  | 724,002 |  | 2,017,991 |  | 2,080,729
Total recreational vehicles | 2,787,101 |  | 4,417,184 |  | 7,948,000 |  | 11,901,667
Other | 201,164 |  | 383,170 |  | 598,671 |  | 935,146
Intercompany eliminations | (59,445) |  | (142,837) |  | (163,132) |  | (346,054)
Total | $ | 2,928,820 |  | $ | 4,657,517 |  | $ | 8,383,539 |  | $ | 12,490,759
| Three Months Ended April 30, |  | Nine Months Ended April 30,
INCOME (LOSS) BEFORE INCOME TAXES: | 2023 |  | 2022 |  | 2023 |  | 2022
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 77,583 |  | $ | 326,697 |  | $ | 181,471 |  | $ | 868,874
North American Motorized | 48,186 |  | 116,293 |  | 234,163 |  | 309,228
Total North America | 125,769 |  | 442,990 |  | 415,634 |  | 1,178,102
European | 72,401 |  | 20,559 |  | 77,948 |  | 12,248
Total recreational vehicles | 198,170 |  | 463,549 |  | 493,582 |  | 1,190,350
Other, net | 16,970 |  | 46,910 |  | 30,004 |  | 93,531
Corporate | (59,689) |  | (48,052) |  | (156,146) |  | (162,379)
Total | $ | 155,451 |  | $ | 462,407 |  | $ | 367,440 |  | $ | 1,121,502
TOTAL ASSETS: | April 30, 2023 |  | July 31, 2022 |  |  |  |
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 1,629,231 |  | $ | 2,040,841 |  |  |  |
North American Motorized | 1,437,825 |  | 1,239,476 |  |  |  |
Total North America | 3,067,056 |  | 3,280,317 |  |  |  |
European | 2,865,580 |  | 2,449,270 |  |  |  |
Total recreational vehicles | 5,932,636 |  | 5,729,587 |  |  |  |
Other | 1,094,611 |  | 1,272,829 |  |  |  |
Corporate | 526,712 |  | 405,716 |  |  |  |
Total | $ | 7,553,959 |  | $ | 7,408,132 |  |  |  |
DEPRECIATION AND INTANGIBLE AMORTIZATION EXPENSE: | Three Months Ended April 30, |  | Nine Months Ended April 30,
2023 |  | 2022 |  | 2023 |  | 2022
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 15,188 |  | $ | 16,149 |  | $ | 45,653 |  | $ | 48,764
North American Motorized | 8,114 |  | 7,388 |  | 24,447 |  | 21,517
Total North America | 23,302 |  | 23,537 |  | 70,100 |  | 70,281
European | 29,840 |  | 31,501 |  | 85,855 |  | 99,910
Total recreational vehicles | 53,142 |  | 55,038 |  | 155,955 |  | 170,191
Other | 14,563 |  | 16,177 |  | 45,549 |  | 41,014
Corporate | 446 |  | 431 |  | 1,322 |  | 1,289
Total | $ | 68,151 |  | $ | 71,646 |  | $ | 202,826 |  | $ | 212,494
| Three Months Ended April 30, |  | Nine Months Ended April 30,
CAPITAL ACQUISITIONS: | 2023 |  | 2022 |  | 2023 |  | 2022
Recreational vehicles |  |  |  |  |  |  |
North American Towables | $ | 14,367 |  | $ | 19,833 |  | $ | 52,361 |  | $ | 54,446
North American Motorized | 4,918 |  | 9,885 |  | 34,248 |  | 25,205
Total North America | 19,285 |  | 29,718 |  | 86,609 |  | 79,651
European | 15,889 |  | 16,173 |  | 36,960 |  | 70,400
Total recreational vehicles | 35,174 |  | 45,891 |  | 123,569 |  | 150,051
Other | 13,144 |  | 9,272 |  | 25,913 |  | 21,452
Corporate | 854 |  | 501 |  | 1,125 |  | 584
Total | $ | 49,172 |  | $ | 55,664 |  | $ | 150,607 |  | $ | 172,087

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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 -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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