THOR INDUSTRIES, INC. THO Balance Sheet

Thor industries, inc. (THO)

Balance Sheet / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
ASSETS
Current assets:
Cash and cash equivalents
242	231	425	461	305	224	275	147	109	151	223	189	134	161	209	247	185	179	183	259	248	313	289	120	204	294	236	137	108	214	218	147	156	207	215	59	96	141	247
Restricted cash
3	38	25	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-
Accounts receivable, trade, net
581	556	478	570	325	483	467	632	598	603	453	579	452	445	370	356	309	291	244	339	266	227	264	359	208	210	230	293	241	206	221	274	166	155	162	255	169	133	159
Factored accounts receivable
190	168	173	215	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, other, net
80	51	64	54	18	20	19	25	25	35	31	36	37	33	22	25	22	26	25	18	22	16	14	18	18	28	15	28	9	9	10	12	7	9	7	9	7	6	5
Inventories, net
926	915	827	962	561	565	537	607	590	517	460	459	477	417	403	275	274	271	246	256	244	221	216	234	221	197	153	236	235	225	186	200	192	183	184	223	211	181	142
Prepaid income taxes, expenses and other
31	30	41	43	35	30	11	14	9	10	11	5	13	11	10	8	17	14	8	9	16	9	5	5	18	7	5	3	15	7	6	5	9	7	5	4	11	-	4
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	8	8	9	1	1	1	3	6	6	6	1	1	1	7	7	7	2	2	2	2
Deferred income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	59	59	59	56	54	52	51	48	46	47	46	45	42	42	40	41	38	40	41	40	39	45	39
Assets held for sale
10	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	136	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
2,067	1,993	2,037	2,334	1,248	1,324	1,311	1,427	1,334	1,317	1,180	1,271	1,115	1,069	1,016	974	868	841	775	947	860	851	844	848	720	790	830	751	657	707	684	682	578	611	623	596	539	510	601
Property, plant and equipment:
Land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	21	-	24	23	23	23	23	23	23	23	22	22	22	20
Buildings and improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	156	152	-	175	172	169	166	163	163	163	162	157	156	149	133
Machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	76	-	87	87	87	84	84	83	83	82	82	81	79	72
Total cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	255	250	-	287	284	281	275	271	270	269	268	263	259	251	227
Less accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	103	-	119	116	114	111	108	106	103	100	96	93	90	88
Property, plant and equipment, net
1,089	1,104	1,092	1,088	550	543	522	490	466	446	425	394	375	360	344	255	246	243	234	192	183	174	169	148	150	146	143	168	167	166	164	163	164	166	168	166	166	161	139
Other assets:
Investments - Joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	2	2	2	2	2
Long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	2	2	3	5
Goodwill
1,353	1,361	1,358	1,350	377	377	377	377	377	377	377	377	377	377	377	303	303	312	312	269	269	256	256	253	253	253	238	243	250	245	245	245	245	245	244	245	245	245	150
Amortizable intangible assets, net
913	946	970	999	363	375	388	402	416	429	443	458	473	489	507	151	157	162	169	128	132	116	119	103	107	110	97	104	111	113	114	116	119	122	125	116	119	121	5
Deferred income tax assets, net
68	67	73	77	80	80	78	74	69	98	92	62	57	55	53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	7
Equity investment in joint ventures
41	44	46	47	48	46	48	46	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
94	89	82	74	62	50	51	47	45	40	38	34	32	29	25	13	11	11	11	11	9	9	9	8	8	7	8	11	11	12	12	10	10	8	10	8	8	-	7
Indefinite-lived trademarks (Note C)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	12	12	14
Long-term notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	8	8	8	9	9	9	9	22	22	22	22	23	22	28	28	29	28
Deferred income taxes and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-
Total other assets
2,471	2,509	2,530	2,550	931	931	944	948	908	946	952	933	941	951	964	467	471	486	493	409	412	383	394	375	377	381	353	369	383	393	393	394	397	401	403	414	417	421	220
TOTAL ASSETS
5,628	5,607	5,660	5,972	2,730	2,800	2,778	2,866	2,708	2,709	2,557	2,600	2,432	2,381	2,325	1,697	1,586	1,572	1,503	1,550	1,455	1,408	1,408	1,372	1,248	1,318	1,328	1,289	1,208	1,267	1,243	1,242	1,142	1,182	1,198	1,179	1,127	1,096	964
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
614	569	551	551	219	255	286	354	354	359	328	343	286	257	263	197	180	190	162	198	177	147	164	170	132	144	135	178	165	143	143	171	131	116	119	131	129	107	108
Current portion of long-term debt
18	18	17	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term financial obligations
53	36	44	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities:
Compensation and related items
110	133	135	142	59	84	97	111	105	124	100	96	87	93	81	65	53	55	51	51	41	45	43	53	31	36	47	49	31	38	41	40	32	30	34	36	29	26	30
Product warranties
282	285	289	299	257	271	264	260	243	231	216	214	209	208	201	112	106	107	108	107	102	97	94	86	84	86	84	84	79	77	73	67	62	66	66	64	61	62	51
Income and other taxes
57	44	61	60	16	14	19	19	13	43	51	34	17	13	25	12	7	8	11	14	7	8	18	15	8	8	21	19	9	10	16	18	10	8	14	7	11	8	28
Promotions and rebates
89	74	95	100	72	68	59	61	51	50	46	46	43	37	40	24	21	21	19	19	18	20	17	16	16	17	12	13	13	15	11	11	13	14	12	12	12	10	9
Product, property and related liabilities
16	16	17	18	13	12	17	16	19	21	16	15	14	15	15	9	11	11	10	12	15	13	12	13	13	13	10	11	10	11	11	14	16	16	16	14	11	13	15
Dividends payable
-	22	-	-	-	20	-	-	-	19	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	53	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities related to factored receivables
190	168	173	215	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency forward contract liability
-	-	-	-	73	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
62	68	62	62	37	28	24	31	28	25	21	26	22	21	22	18	16	16	13	17	15	14	18	22	13	13	15	19	15	13	15	20	14	15	15	22	19	16	13
Liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
1,494	1,439	1,448	1,512	750	799	769	855	817	877	781	778	680	664	651	441	397	410	378	421	377	347	370	379	300	374	361	375	324	311	311	345	279	268	278	290	275	245	256
Long-term debt
1,746	1,780	1,885	2,182	-	-	-	80	80	90	145	295	325	340	360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities, net
133	135	135	144	-	-	-	-	-	-	-	-	-	-	-	19	18	22	20	21	20	21	19	20	20	19	18	18	22	20	20	22	23	24	24	26	28	29	-
Unrecognized tax benefits
12	12	10	11	10	13	12	10	10	10	10	8	9	10	9	10	12	12	11	18	20	19	23	34	34	37	41	39	41	45	44	46	44	44	43	41	38	38	35
Other liabilities
117	114	85	82	62	59	59	54	53	48	45	45	41	40	38	29	26	26	27	19	17	17	17	16	16	15	14	17	16	16	15	15	15	15	15	15	15	14	14
Total long-term liabilities
2,011	2,043	2,116	2,420	72	72	71	145	143	148	200	349	376	391	408	60	57	61	59	59	59	58	60	71	71	72	73	75	80	82	81	84	83	83	83	83	82	82	50
Contingent liabilities and commitments
-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	0	-	-	-	-
Stockholders' equity:
Preferred stock – authorized 1,000,000 shares; none outstanding
0	0	0	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 65,396,531 and 65,189,907 shares, respectively
6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	5
Additional paid-in capital
427	422	416	412	263	259	252	248	245	241	235	233	230	228	224	222	220	218	215	213	212	210	208	206	205	203	198	193	193	193	192	191	190	190	190	189	188	187	95
Retained earnings
2,102	2,095	2,066	1,996	1,984	2,010	2,022	1,954	1,839	1,779	1,670	1,568	1,474	1,427	1,365	1,298	1,236	1,207	1,172	1,117	1,069	1,054	1,030	976	933	929	953	905	870	940	918	882	848	843	829	797	763	763	745
Accumulated other comprehensive loss, net of tax
-71	-59	-57	-37	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Less treasury shares of 10,197,775 and 10,126,434, respectively, at cost
351	351	348	348	348	348	343	343	343	343	336	336	336	336	331	331	331	331	329	269	269	269	267	267	267	267	266	266	266	266	266	266	266	209	189	189	189	189	189
Stockholders' equity attributable to Thor Industries, Inc.
2,112	2,113	2,084	2,028	1,906	1,928	1,937	1,865	1,747	1,684	1,576	1,471	1,375	1,325	1,265	1,196	1,131	1,100	1,065	1,068	1,018	1,002	977	921	877	872	892	838	803	873	850	813	779	830	836	804	768	767	657
Non-controlling interests
9	11	10	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' equity
2,122	2,124	2,095	2,039	-	-	1,937	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
5,628	5,607	5,660	5,972	2,730	2,800	2,778	2,866	2,708	2,709	2,557	2,600	2,432	2,381	2,325	1,697	1,586	1,572	1,503	1,550	1,455	1,408	1,408	1,372	1,248	1,318	1,328	1,289	1,208	1,267	1,243	1,242	1,142	1,182	1,198	1,179	1,127	1,096	964