XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.19.2

Commitments and Contingencies | 6 Months Ended
--- | ---
Jun. 29, 2019
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Legal On May 31, 2019, the United States Court of Appeals for the Federal Circuit issued its opinion in the matter of Cobalt Boats, LLC vs. Brunswick. That opinion reversed, in its entirety, an October 31, 2017 judgment on a jury verdict against Brunswick of $5.4 million plus attorneys’ fees of $2.5 million and applicable interest which was entered by the US District for the Eastern District of Virginia. The Court of Appeals found Brunswick did not infringe the Cobalt patent and that Brunswick was entitled to judgment of non-infringement as a matter of law. The parties have agreed there would be no further appeals. There were no other material changes during the three and six months ended June 29, 2019 to the financial commitments or the legal and environmental contingencies that were discussed in Note 14 in the Notes to Consolidated Financial Statements in the 2018 Form 10-K. Product Warranties The following activity related to product warranty liabilities was recorded in Accrued expenses during the six months ended June 29, 2019 and June 30, 2018:
(in millions) | June 29, 2019 |  | June 30, 2018
Balance at beginning of period | $ | 116.8 |  |  | $ | 101.7 |
Payments made | (35.0 | ) |  | (27.6 | )
Provisions/additions for contracts issued/sold | 32.1 |  |  | 32.0 |
Aggregate changes for preexisting warranties | 1.0 |  |  | 6.0 |
Foreign Currency Translation | 0.2 |  |  | (0.7 | )
Warranty liability retained from discontinued operations (A) | 7.1 |  |  | — |
Other | 0.1 |  |  | 0.3 |
Balance at end of period | $ | 122.3 |  |  | $ | 111.7 |
(A) The Company retained a $7.1 million warranty liability from the sale of its Fitness business. The warranty liability pertains to product field campaigns for certain Cybex products designed prior to the Cybex acquisition. Extended Warranties The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the six months ended June 29, 2019 and June 30, 2018:
(in millions) | June 29, 2019 |  | June 30, 2018
Balance at beginning of period | $ | 66.4 |  |  | $ | 56.9 |
Extended warranty contracts sold | 13.9 |  |  | 13.0 |
Revenue recognized on existing extended warranty contracts | (7.3 | ) |  | (5.8 | )
Foreign currency translation | 0.2 |  |  | (0.2 | )
Other | (0.1 | ) |  | (0.1 | )
Balance at end of period | $ | 73.1 |  |  | $ | 63.8 |

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration