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Business Segments | 6 Months Ended
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Jan. 31, 2025
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 January 31, |  | Six Months Ended January 31,
NET SALES: | 2025 |  | 2024 |  | 2025 |  | 2024
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 828,266 |  | $ | 730,968 |  | $ | 1,727,044 |  | $ | 1,676,422
North American Motorized | 446,298 |  | 570,424 |  | 951,506 |  | 1,281,583
Total North America | 1,274,564 |  | 1,301,392 |  | 2,678,550 |  | 2,958,005
European | 612,465 |  | 782,294 |  | 1,217,368 |  | 1,490,495
Total recreational vehicles | 1,887,029 |  | 2,083,686 |  | 3,895,918 |  | 4,448,500
Other | 185,653 |  | 166,534 |  | 379,164 |  | 365,455
Intercompany eliminations | (54,575) |  | (42,851) |  | (114,191) |  | (105,827)
Total | $ | 2,018,107 |  | $ | 2,207,369 |  | $ | 4,160,891 |  | $ | 4,708,128
| Three Months Ended January 31, |  | Six Months Ended January 31,
INCOME (LOSS) BEFORE INCOME TAXES: | 2025 |  | 2024 |  | 2025 |  | 2024
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 28,152 |  | $ | 661 |  | $ | 74,973 |  | $ | 49,910
North American Motorized | 4,298 |  | 26,460 |  | 13,379 |  | 63,512
Total North America | 32,450 |  | 27,121 |  | 88,352 |  | 113,422
European | 2,210 |  | 38,057 |  | 3,387 |  | 66,824
Total recreational vehicles | 34,660 |  | 65,178 |  | 91,739 |  | 180,246
Other, net | 8,268 |  | 7,343 |  | 13,042 |  | 16,819
Corporate | (44,528) |  | (65,627) |  | (107,537) |  | (117,589)
Total | $ | (1,600) |  | $ | 6,894 |  | $ | (2,756) |  | $ | 79,476
TOTAL ASSETS: | January 31, 2025 |  | July 31, 2024 |  |  |  |
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 1,368,779 |  | $ | 1,290,117 |  |  |  |
North American Motorized | 975,233 |  | 1,077,808 |  |  |  |
Total North America | 2,344,012 |  | 2,367,925 |  |  |  |
European | 2,672,411 |  | 2,871,316 |  |  |  |
Total recreational vehicles | 5,016,423 |  | 5,239,241 |  |  |  |
Other | 1,013,969 |  | 1,058,842 |  |  |  |
Corporate | 683,739 |  | 722,740 |  |  |  |
Total | $ | 6,714,131 |  | $ | 7,020,823 |  |  |  |
DEPRECIATION AND INTANGIBLE ASSET AMORTIZATION EXPENSE: | Three Months Ended January 31, |  | Six Months Ended January 31,
2025 |  | 2024 |  | 2025 |  | 2024
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 13,155 |  | $ | 13,788 |  | $ | 26,249 |  | $ | 27,552
North American Motorized | 8,621 |  | 8,849 |  | 17,277 |  | 17,791
Total North America | 21,776 |  | 22,637 |  | 43,526 |  | 45,343
European | 30,327 |  | 31,136 |  | 62,568 |  | 61,533
Total recreational vehicles | 52,103 |  | 53,773 |  | 106,094 |  | 106,876
Other | 13,000 |  | 13,668 |  | 25,872 |  | 27,294
Corporate | 891 |  | 678 |  | 1,689 |  | 1,227
Total | $ | 65,994 |  | $ | 68,119 |  | $ | 133,655 |  | $ | 135,397
| Three Months Ended January 31, |  | Six Months Ended January 31,
CAPITAL ACQUISITIONS: | 2025 |  | 2024 |  | 2025 |  | 2024
Recreational vehicles |  |  |  |  |  |  |
North American Towable | $ | 3,408 |  | $ | 4,443 |  | $ | 7,566 |  | $ | 11,373
North American Motorized | 2,716 |  | 5,386 |  | 5,852 |  | 12,861
Total North America | 6,124 |  | 9,829 |  | 13,418 |  | 24,234
European | 16,140 |  | 16,116 |  | 27,041 |  | 30,876
Total recreational vehicles | 22,264 |  | 25,945 |  | 40,459 |  | 55,110
Other | 1,556 |  | 6,244 |  | 5,185 |  | 14,535
Corporate | 1,186 |  | 4,172 |  | 3,711 |  | 6,907
Total | $ | 25,006 |  | $ | 36,361 |  | $ | 49,355 |  | $ | 76,552

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