Short answer

Thor Industries Inc (THO) filed its fiscal 2009 10-K annual report with the SEC on Sep 29, 2009.

Top risk flagged: SEC review of Dutchmen restatement: potential civil injunctions, monetary penalties or administrative relief

Thor Industries Inc FY2009 10-K analysis

AI summary of each section, grounded in the filing text

Recreation vehicle and small-to-mid-size bus manufacturer, selling primarily through independent dealers in the U.S. and Canada
Fiscal 2009 emphasis on fuel-efficient Avanti Class A diesel motorhome, introduced by Damon in 2008
Net sales fell to $1,521,896 from $2,640,680, with recreation vehicle sales declining to $1,115,006
Travel trailer and fifth-wheel market share 31%, motorhome share 18%, bus share 40%
Dealer repurchase losses rose to $5,261, with reserve increasing to $6,349 amid difficult market conditions

Revenue $1,521,896, down 42.4% YoY from $2,640,680
Income before taxes $23,395, margin 1.5% vs 5.8%; gross margin 10.0% vs 12.2%
Best segment: Buses, sales $406,890, margin 4.3%; worst: Motorized, sales down 65.0%, margin negative 18.4%
Operating cash flow $48,570; capex $5,135; fiscal 2010 capex guidance approximately $10,000
Fiscal 2010 outlook: soft RV conditions may continue; backlog $587,859, up 44.7% like-for-like

SEC review of Dutchmen restatement: potential civil injunctions, monetary penalties or administrative relief
U.S. auto-industry bankruptcies involving General Motors and Chrysler: possible motorhome and bus chassis interruptions
Chassis concentration: Ford and General Motors dominate supply, with arrangements terminable at any time
Competitive discounting: pressure on recreation-vehicle sales and profit margins
Dealer concentration: two dealers represented 29% of fiscal 2009 bus sales; FreedomRoads represented 15% of consolidated recreation-vehicle sales

Generated from the filing text; verify against the original. How to read a 10-K

Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.