XML 49 R52.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Supplementary Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | Quarterly financial data (unaudited) (In millions, except per share data)
|  | 1 st Quarter |  | 2 nd Quarter |  | 3 rd Quarter |  | 4 th Quarter
|  | Mar 30, 2014 |  | Mar 31, 2013 |  | June 29, 2014 |  | June 30, 2013 |  | Sep 28, 2014 |  | Sep 29, 2013 |  | Dec 31, 2014 |  | Dec 31, 2013
Motorcycles: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 1,571.7 |  |  | $ | 1,414.2 |  |  | $ | 1,834.3 |  |  | $ | 1,631.5 |  |  | $ | 1,130.6 |  |  | $ | 1,180.3 |  |  | $ | 1,031.2 |  |  | $ | 1,032.3 |
Operating income(a) |  | $ | 347.7 |  |  | $ | 276.8 |  |  | $ | 473.3 |  |  | $ | 357.7 |  |  | $ | 146.3 |  |  | $ | 175.5 |  |  | $ | 35.9 |  |  | $ | 60.7 |
Financial Services: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | $ | 154.4 |  |  | $ | 157.0 |  |  | $ | 166.4 |  |  | $ | 162.8 |  |  | $ | 171.0 |  |  | $ | 163.4 |  |  | $ | 169.0 |  |  | $ | 158.3 |
Operating income |  | $ | 63.2 |  |  | $ | 71.5 |  |  | $ | 74.4 |  |  | $ | 74.2 |  |  | $ | 77.8 |  |  | $ | 76.1 |  |  | $ | 62.4 |  |  | $ | 61.3 |
Consolidated: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income before taxes |  | $ | 408.9 |  |  | $ | 338.5 |  |  | $ | 549.1 |  |  | $ | 422.4 |  |  | $ | 225.5 |  |  | $ | 241.3 |  |  | $ | 99.9 |  |  | $ | 112.1 |
Net income |  | $ | 265.9 |  |  | $ | 224.1 |  |  | $ | 354.2 |  |  | $ | 271.7 |  |  | $ | 150.1 |  |  | $ | 162.7 |  |  | $ | 74.5 |  |  | $ | 75.4 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.21 |  |  | $ | 1.00 |  |  | $ | 1.63 |  |  | $ | 1.22 |  |  | $ | 0.70 |  |  | $ | 0.73 |  |  | $ | 0.35 |  |  | $ | 0.34 |
Diluted |  | $ | 1.21 |  |  | $ | 0.99 |  |  | $ | 1.62 |  |  | $ | 1.21 |  |  | $ | 0.69 |  |  | $ | 0.73 |  |  | $ | 0.35 |  |  | $ | 0.34 |
(a) | Operating income for the Motorcycles segment includes restructuring expense (benefit) as discussed in Note 3 for the following periods (in millions):
Schedule Of Restructuring Expense | 2009 Restructuring Plan reserve activity and balances as recorded in accrued liabilities for the following years ended December 31 (in thousands):
|  | 2013
|  | Employee Severance and Termination Costs |  | Accelerated Depreciation |  | Other |  | Total
Balance, beginning of period |  | $ | 5,196 |  |  | $ | — |  |  | $ | 161 |  |  | $ | 5,357 |
Restructuring expense |  | — |  |  | — |  |  | 907 |  |  | 907 |
Utilized – cash |  | (1,645 | ) |  | — |  |  | (1,068 | ) |  | (2,713 | )
Noncash reserve release |  | (1,551 | ) |  | — |  |  | — |  |  | (1,551 | )
Balance, end of period |  | $ | 2,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,000 |
|  | 2012
|  | Employee Severance and Termination Costs |  | Accelerated Depreciation |  | Other |  | Total
Balance, beginning of period |  | $ | 10,089 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,089 |
Restructuring expense |  | 4,099 |  |  | — |  |  | 13,154 |  |  | 17,253 |
Utilized – cash |  | (6,566 | ) |  | — |  |  | (12,993 | ) |  | (19,559 | )
Noncash reserve release |  | (2,426 | ) |  | — |  |  | — |  |  | (2,426 | )
Balance, end of period |  | $ | 5,196 |  |  | $ | — |  |  | $ | 161 |  |  | $ | 5,357 |
The following table summarizes the Motorcycles segment’s 2011 Kansas City Restructuring Plan and modified 2011 New Castalloy Restructuring Plan reserve activity and balances as recorded in accrued liabilities for the year ended December 31 (in thousands):
|  | 2013
|  | Kansas City |  | New Castalloy |  | Consolidated
|  | Employee Severance and Termination Costs |  | Other |  | Total |  | Employee Severance and Termination Costs |  | Accelerated Depreciation |  | Other |  | Total |  | Total
Balance, beginning of period |  | $ | 2,259 |  |  | $ | — |  |  | $ | 2,259 |  |  | $ | 9,306 |  |  | $ | — |  |  | $ | 145 |  |  | $ | 9,451 |  |  | $ | 11,710 |
Restructuring expense |  | — |  |  | — |  |  | — |  |  | 1,480 |  |  | 2,093 |  |  | 1,709 |  |  | 5,282 |  |  | 5,282 |
Utilized - cash |  | (1,290 | ) |  | — |  |  | (1,290 | ) |  | (5,369 | ) |  | — |  |  | — |  |  | (5,369 | ) |  | (6,659 | )
Utilized - non-cash |  | — |  |  | — |  |  | — |  |  | — |  |  | (2,093 | ) |  | (1,721 | ) |  | (3,814 | ) |  | (3,814 | )
Non-cash reserve release |  | (969 | ) |  | — |  |  | (969 | ) |  | (5,369 | ) |  | — |  |  | — |  |  | (5,369 | ) |  | (6,338 | )
Balance, end of period |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 48 |  |  | $ | — |  |  | $ | 133 |  |  | $ | 181 |  |  | $ | 181 |
The following table summarizes the Motorcycles segment’s 2010 Restructuring Plan reserve activity and balances as recorded in accrued liabilities for the following years ended December 31 (in thousands):
|  |  | 2013 |  | 2012
|  |  | Employee Severance and Termination Costs |  | Employee Severance and Termination Costs
| Balance, beginning of period |  | $ | 10,156 |  |  | $ | 20,361 |
| Restructuring expense |  | — |  |  | 4,005 |
| Utilized – cash |  | (9,725 | ) |  | (12,898 | )
| Non-cash reserve release |  | (431 | ) |  | (1,312 | )
| Balance, end of period |  | $ | — |  |  | $ | 10,156 |
|  | 1 st Quarter |  | 2 nd Quarter |  | 3 rd Quarter |  | 4 th Quarter
|  | Mar 30, 2014 |  | Mar 31, 2013 |  | June 29, 2014 |  | June 30, 2013 |  | Sep 28, 2014 |  | Sep 29, 2013 |  | Dec 31, 2014 |  | Dec 31, 2013
Restructuring expense (benefit) |  | $ | — |  |  | $ | 2.9 |  |  | $ | — |  |  | $ | (5.3 | ) |  | $ | — |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | (0.4 | )

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration