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Goodwill and Intangibles | 3 Months Ended
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Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangibles [Text Block] | Goodwill and Other Intangibles Changes in the Company's goodwill during the three months ended March 30, 2019, by segment, are summarized below:
(in millions) | December 31, 2018 |  | Impairments |  | Adjustments |  | March 30, 2019
Marine Engine | $ | 375.1 |  |  | $ | — |  |  | $ | 4.5 |  |  | $ | 379.6 |
Boat | 2.2 |  |  | — |  |  | — |  |  | 2.2 |
Fitness | 389.8 |  |  | (137.2 | ) |  | (0.3 | ) |  | 252.3 |
Total | $ | 767.1 |  |  | $ | (137.2 | ) |  | $ | 4.2 |  |  | $ | 634.1 |
Changes in the Company's goodwill during the three months ended March 31, 2018, by segment, are summarized below:
(in millions) | December 31, 2017 |  | Impairments |  | Adjustments |  | March 31, 2018
Marine Engine | $ | 31.7 |  |  | $ | — |  |  | $ | 1.2 |  |  | $ | 32.9 |
Boat | 2.2 |  |  | — |  |  | — |  |  | 2.2 |
Fitness | 391.4 |  |  | — |  |  | 1.8 |  |  | 393.2 |
Total | $ | 425.3 |  |  | $ | — |  |  | $ | 3.0 |  |  | $ | 428.3 |
Due to recent, significant progress made toward the planned Fitness business separation and the strong level of buyer interest in the sales process, the Company re-evaluated the fair value of the Fitness reporting unit in the first quarter of 2019. To assess fair value, the Company performed a quantitative test using a combination of the market approach and the income approach. Fair value under the market approach was informed by significant progress made on the sale process during the quarter. The income approach calculates the fair value of the reporting unit using a discounted cash flow approach utilizing a Gordon Growth model. Internally forecasted future cash flows are discounted using a weighted average cost of capital (Discount Rate) developed for each reporting unit. The Discount Rate is developed using market observable inputs, as well as considering whether or not there is a measure of risk related to the specific reporting unit’s forecasted performance. As a result of performing the fair value test, the Company determined the fair value of the Fitness reporting unit was less than its carrying value resulting in a pre-tax goodwill impairment charge of $137.2 million ($103.0 million after tax) for the three months ended March 30, 2019. The impairment was calculated in accordance with ASU 2017-04 as discussed in Note 1 - Significant Accounting Policies in the Notes to Condensed Consolidated Financial Statements. The charge was recorded within the Company’s Fitness segment within Restructuring, exit, integration and impairment in the Condensed Consolidated Statements of Comprehensive Income. Adjustments for the three months ended March 30, 2019 mainly relate to refining purchase accounting related to the Power Products acquisition. See Note 4 – Acquisitions for further details on the Company's acquisitions. Adjustments in both periods include the effect of foreign currency translation on goodwill denominated in currencies other than the U.S. dollar. As of March 30, 2019 the Company had $137.2 million of accumulated impairment loss on Goodwill. There was no accumulated impairment loss on Goodwill as of December 31, 2018 and March 31, 2018. The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 30, 2019, December 31, 2018 and March 31, 2018, are summarized by intangible asset type below:
| March 30, 2019 |  | December 31, 2018 |  | March 31, 2018
(in millions) | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
Intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 734.3 |  |  | $ | (265.2 | ) |  | $ | 734.4 |  |  | $ | (256.5 | ) |  | $ | 306.5 |  |  | $ | (240.1 | )
Trade names | 164.5 |  |  | (0.6 | ) |  | 164.4 |  |  | — |  |  | 76.1 |  |  | — |
Other | 22.4 |  |  | (18.7 | ) |  | 22.3 |  |  | (18.2 | ) |  | 22.6 |  |  | (17.1 | )
Total | $ | 921.2 |  |  | $ | (284.5 | ) |  | $ | 921.1 |  |  | $ | (274.7 | ) |  | $ | 405.2 |  |  | $ | (257.2 | )
The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 30, 2019, December 31, 2018 and March 31, 2018, are summarized by segment below:
| March 30, 2019 |  | December 31, 2018 |  | March 31, 2018
(in millions) | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
Intangible assets: |  |  |  |  |  |  |  |  |  |  |
Marine Engine | $ | 618.6 |  |  | $ | (59.7 | ) |  | $ | 618.3 |  |  | $ | (52.0 | ) |  | $ | 79.1 |  |  | $ | (39.2 | )
Boat | 223.4 |  |  | (204.2 | ) |  | 223.4 |  |  | (203.9 | ) |  | 223.6 |  |  | (203.2 | )
Fitness | 79.2 |  |  | (20.6 | ) |  | 79.4 |  |  | (18.8 | ) |  | 102.5 |  |  | (14.8 | )
Total | $ | 921.2 |  |  | $ | (284.5 | ) |  | $ | 921.1 |  |  | $ | (274.7 | ) |  | $ | 405.2 |  |  | $ | (257.2 | )
Other intangible assets primarily consist of patents. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $9.8 million and $2.2 million for the three months ended March 30, 2019 and March 31, 2018, respectively.

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