XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.24.3

Business Segments | 3 Months Ended
--- | ---
Oct. 31, 2024
Segment Reporting [Abstract] |
Business Segments | Business Segments The Company has three reportable segments, all related to recreational vehicles: (1) North American Towable Recreational Vehicles, (2) North American Motorized Recreational Vehicles and (3) European Recreational Vehicles. The operations of the Company's Airxcel and Postle subsidiaries are included in “Other”. Net sales included in Other relate primarily to the sale of specialized component parts and aluminum extrusions. Intercompany eliminations adjust for Airxcel and Postle 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: |  |  |  |  | 2024 |  | 2023
Recreational vehicles |  |  |  |  |  |  |
North American Towable |  |  |  |  | $ | 898,778 |  | $ | 945,454
North American Motorized |  |  |  |  | 505,208 |  | 711,159
Total North America |  |  |  |  | 1,403,986 |  | 1,656,613
European |  |  |  |  | 604,903 |  | 708,201
Total recreational vehicles |  |  |  |  | 2,008,889 |  | 2,364,814
Other |  |  |  |  | 193,511 |  | 198,921
Intercompany eliminations |  |  |  |  | (59,616) |  | (62,976)
Total |  |  |  |  | $ | 2,142,784 |  | $ | 2,500,759
|  |  | Three Months Ended October 31,
INCOME (LOSS) BEFORE INCOME TAXES: |  |  |  |  | 2024 |  | 2023
Recreational vehicles |  |  |  |  |  |  |
North American Towable |  |  |  |  | $ | 46,821 |  | $ | 49,249
North American Motorized |  |  |  |  | 9,081 |  | 37,052
Total North America |  |  |  |  | 55,902 |  | 86,301
European |  |  |  |  | 1,177 |  | 28,767
Total recreational vehicles |  |  |  |  | 57,079 |  | 115,068
Other, net |  |  |  |  | 4,774 |  | 9,476
Corporate |  |  |  |  | (63,009) |  | (51,962)
Total |  |  |  |  | $ | (1,156) |  | $ | 72,582
TOTAL ASSETS: | October 31, 2024 |  | July 31, 2024 |  |  |  |
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 1,402,332 |  | $ | 1,290,117 |  |  |  |
North American Motorized | 948,342 |  | 1,077,808 |  |  |  |
Total North America | 2,350,674 |  | 2,367,925 |  |  |  |
European | 2,814,560 |  | 2,871,316 |  |  |  |
Total recreational vehicles | 5,165,234 |  | 5,239,241 |  |  |  |
Other | 1,040,821 |  | 1,058,842 |  |  |  |
Corporate | 667,126 |  | 722,740 |  |  |  |
Total | $ | 6,873,181 |  | $ | 7,020,823 |  |  |  |
DEPRECIATION AND INTANGIBLE ASSET AMORTIZATION EXPENSE: |  |  | Three Months Ended October 31,
|  |  |  | 2024 |  | 2023
Recreational vehicles |  |  |  |  |  |  |
North American Towable |  |  |  |  | $ | 13,094 |  | $ | 13,764
North American Motorized |  |  |  |  | 8,656 |  | 8,942
Total North America |  |  |  |  | 21,750 |  | 22,706
European |  |  |  |  | 32,241 |  | 30,397
Total recreational vehicles |  |  |  |  | 53,991 |  | 53,103
Other |  |  |  |  | 12,872 |  | 13,626
Corporate |  |  |  |  | 798 |  | 549
Total |  |  |  |  | $ | 67,661 |  | $ | 67,278
|  |  | Three Months Ended October 31,
CAPITAL ACQUISITIONS: |  |  |  |  | 2024 |  | 2023
Recreational vehicles |  |  |  |  |  |  |
North American Towable |  |  |  |  | $ | 4,158 |  | $ | 6,930
North American Motorized |  |  |  |  | 3,136 |  | 7,475
Total North America |  |  |  |  | 7,294 |  | 14,405
European |  |  |  |  | 10,901 |  | 14,760
Total recreational vehicles |  |  |  |  | 18,195 |  | 29,165
Other |  |  |  |  | 3,629 |  | 8,291
Corporate |  |  |  |  | 2,525 |  | 2,735
Total |  |  |  |  | $ | 24,349 |  | $ | 40,191

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: 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 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -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 6: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 12: 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 13: 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 14: 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 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 17: 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 18: 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 19: 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 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 21: 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 22: 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 23: 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 24: 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 25: 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
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration