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Additional Balance Sheet and Cash Flow Information (Tables) | 6 Months Ended
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Jun. 28, 2015
Supplemental Cash Flow Information [Abstract] |
Marketable Securities | The Company’s marketable securities consisted of the following (in thousands):
| June 28, 2015 |  | December 31, 2014 |  | June 29, 2014
Available-for-sale: Corporate bonds | $ | 52,516 |  |  | $ | 57,325 |  |  | $ | 57,814 |
Trading securities: Mutual funds | 37,698 |  |  | 33,815 |  |  | 33,567 |
| $ | 90,214 |  |  | $ | 91,140 |  |  | $ | 91,381 |
Inventories Net | Inventories consist of the following (in thousands):
| June 28, 2015 |  | December 31, 2014 |  | June 29, 2014
Components at the lower of FIFO cost or market |  |  |  |  |
Raw materials and work in process | $ | 137,151 |  |  | $ | 151,254 |  |  | $ | 118,720 |
Motorcycle finished goods | 186,326 |  |  | 230,309 |  |  | 179,314 |
Parts and accessories and general merchandise | 121,469 |  |  | 117,210 |  |  | 122,289 |
Inventory at lower of FIFO cost or market | 444,946 |  |  | 498,773 |  |  | 420,323 |
Excess of FIFO over LIFO cost | (49,902 | ) |  | (49,902 | ) |  | (48,726 | )
| $ | 395,044 |  |  | $ | 448,871 |  |  | $ | 371,597 |
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):
| Six months ended
| June 28, 2015 |  | June 29, 2014
Cash flows from operating activities: |  |  |
Net income | $ | 569,664 |  |  | $ | 620,070 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Depreciation | 93,640 |  |  | 87,123 |
Amortization of deferred loan origination costs | 47,524 |  |  | 45,713 |
Amortization of financing origination fees | 4,820 |  |  | 4,284 |
Provision for employee long-term benefits | 24,635 |  |  | 16,854 |
Contributions to pension and postretirement plans | (12,725 | ) |  | (14,035 | )
Stock compensation expense | 16,734 |  |  | 20,768 |
Net change in wholesale finance receivables related to sales | (418,969 | ) |  | (510,200 | )
Provision for credit losses | 41,422 |  |  | 36,292 |
Loss on debt extinguishment | — |  |  | 1,145 |
Deferred income taxes | (1,195 | ) |  | (3,894 | )
Foreign currency adjustments | 11,041 |  |  | (5,084 | )
Other, net | (1,964 | ) |  | 9,332 |
Changes in current assets and liabilities: |  |  |
Accounts receivable, net | (43,309 | ) |  | (25,643 | )
Finance receivables—accrued interest and other | (270 | ) |  | (993 | )
Inventories | 38,012 |  |  | 58,741 |
Accounts payable and accrued liabilities | 232,357 |  |  | 226,233 |
Derivative instruments | 1,185 |  |  | 968 |
Other | 11,342 |  |  | 2,918 |
Total adjustments | 44,280 |  |  | (49,478 | )
Net cash provided by operating activities | $ | 613,944 |  |  | $ | 570,592 |

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