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Financial Services (Details) (USD $) | 3 Months Ended |
--- | --- | ---
Mar. 30, 2013 | Mar. 31, 2012 | Dec. 31, 2012
Financial Services [Abstract] |  |  |  |  |
Percentage of ownership held by the entity's subsidiary in a joint venture | 49.00% |  |  |  |
Percentage of ownership held by third party in joint venture | 51.00% |  |  |  |
Amount of minimum used borrowing capacity under revolving credit facility | $ 37,500,000 |  |  |  |
Amount of secured borrowing facility funded for joint venture | 1,000,000,000 |  |  |  |
Total investment of subsidiary in joint venture | 12,900,000 |  |  | 10,500,000 |
Maximum loss exposure relating to joint venture [Abstract] |  |  |  |  |
Investment | 12,900,000 |  |  | 10,500,000 |
Repurchase and recourse obligations | 53,300,000 | [1] |  | 72,300,000 | [1]
Liabilities | (1,500,000) | [2] |  | (1,600,000) | [2]
Total maximum loss exposure | 64,700,000 |  |  | 81,200,000 |
Amount of recorded income from joint venture investment | $ 1,100,000 |  | $ 800,000 |  |
[1] | Repurchase and recourse obligations are off-balance sheet obligations provided by the Company for the Boat and Marine Engine segments, respectively, and are included within the Maximum Potential Obligations disclosed in Note 8 – Commitments and Contingencies. Repurchase and recourse obligations are mainly related to a global repurchase agreement with GECDF and could be reduced by repurchase activity occurring under other similar agreements with GECDF and affiliates. The Company’s risk under these repurchase arrangements is partially mitigated by the value of the products repurchased as part of the transaction. Amounts above exclude any potential recoveries from the value of the repurchased product.
[2] | Represents accrued amounts for potential losses related to recourse exposure and the Company’s expected losses on obligations to repurchase products, after giving effect to proceeds anticipated to be received from the resale of these products to alternative dealers.

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- Definition Amount of secured borrowing facility funding for joint venture which is in place through the term of the joint venture. Secured borrowing is a collateralized debt obligation (backed by pledge, mortgage or other lien on the entity's assets). + References No definition available. + Details
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- Definition Represents accrued amounts for potential losses related to recourse exposure and company's expected losses on obligations to repurchase products, after giving effect to proceeds anticipated to be received from resale of repurchase products to alternative dealers. + References No definition available. + Details
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