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Additional Balance Sheet and Cash Flow Information (Tables) | 3 Months Ended
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Mar. 29, 2015
Supplemental Cash Flow Information [Abstract] |
Marketable Securities | The Company’s marketable securities consisted of the following (in thousands):
| March 29, 2015 |  | December 31, 2014 |  | March 30, 2014
Available-for-sale: Corporate bonds | $ | 57,219 |  |  | $ | 57,325 |  |  | $ | 92,940 |
Trading securities: Mutual funds | 37,667 |  |  | 33,815 |  |  | 33,182 |
| $ | 94,886 |  |  | $ | 91,140 |  |  | $ | 126,122 |
Inventories Net | Inventories consist of the following (in thousands):
| March 29, 2015 |  | December 31, 2014 |  | March 30, 2014
Components at the lower of FIFO cost or market |  |  |  |  |
Raw materials and work in process | $ | 153,734 |  |  | $ | 151,254 |  |  | $ | 141,381 |
Motorcycle finished goods | 253,922 |  |  | 230,309 |  |  | 222,649 |
Parts and accessories and general merchandise | 123,187 |  |  | 117,210 |  |  | 133,740 |
Inventory at lower of FIFO cost or market | 530,843 |  |  | 498,773 |  |  | 497,770 |
Excess of FIFO over LIFO cost | (49,902 | ) |  | (49,902 | ) |  | (48,726 | )
| $ | 480,941 |  |  | $ | 448,871 |  |  | $ | 449,044 |
Reconciliation Of Net Income To Net Cash Used By Operating Activities | The reconciliation of net income to net cash provided by operating activities is as follows (in thousands):
| Three months ended
| March 29, 2015 |  | March 30, 2014
Cash flows from operating activities: |  |  |
Net income | $ | 269,854 |  |  | $ | 265,917 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Depreciation | 46,028 |  |  | 43,398 |
Amortization of deferred loan origination costs | 22,932 |  |  | 22,101 |
Amortization of financing origination fees | 2,215 |  |  | 2,085 |
Provision for employee long-term benefits | 12,318 |  |  | 8,425 |
Contributions to pension and postretirement plans | (6,627 | ) |  | (6,879 | )
Stock compensation expense | 8,046 |  |  | 9,239 |
Net change in wholesale finance receivables related to sales | (465,598 | ) |  | (439,422 | )
Provision for credit losses | 26,247 |  |  | 20,331 |
Deferred income taxes | 2,820 |  |  | (474 | )
Foreign currency adjustments | 18,154 |  |  | (4,172 | )
Other, net | (2,507 | ) |  | 3,055 |
Changes in current assets and liabilities: |  |  |
Accounts receivable, net | (49,936 | ) |  | (61,217 | )
Finance receivables—accrued interest and other | 2,067 |  |  | 793 |
Inventories | (51,934 | ) |  | (20,317 | )
Accounts payable and accrued liabilities | 305,102 |  |  | 356,430 |
Derivative instruments | 399 |  |  | 1,222 |
Other | 35,120 |  |  | 3,071 |
Total adjustments | (95,154 | ) |  | (62,331 | )
Net cash provided by operating activities | $ | 174,700 |  |  | $ | 203,586 |

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