XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Employee Benefit Plans | 9 Months Ended
--- | ---
Sep. 25, 2016
Compensation and Retirement Disclosure [Abstract] |
Employee Benefit Plans | Employee Benefit Plans The Company has a defined benefit qualified pension plan and postretirement healthcare benefit plans that cover certain employees of the Motorcycles segment. The Company also has unfunded supplemental employee retirement plan agreements (SERPA) with certain employees which were instituted to replace benefits lost under the Tax Revenue Reconciliation Act of 1993. Net periodic benefit costs are allocated among selling, administrative and engineering expense, cost of goods sold and inventory. Amounts capitalized in inventory are not significant. Components of net periodic benefit costs were as follows (in thousands):
| Three months ended |  | Nine months ended
| September 25, 2016 |  | September 27, 2015 |  | September 25, 2016 |  | September 27, 2015
Pension and SERPA Benefits |  |  |  |  |  |  |
Service cost | $ | 8,359 |  |  | $ | 10,010 |  |  | $ | 25,077 |  |  | $ | 30,030 |
Interest cost | 22,707 |  |  | 21,836 |  |  | 68,121 |  |  | 65,508 |
Expected return on plan assets | (36,445 | ) |  | (36,232 | ) |  | (109,335 | ) |  | (108,696 | )
Amortization of unrecognized: |  |  |  |  |  |  |
Prior service cost | 255 |  |  | 109 |  |  | 765 |  |  | 327 |
Net loss | 11,588 |  |  | 13,678 |  |  | 34,764 |  |  | 41,031 |
Settlement loss | 300 |  |  | — |  |  | 900 |  |  | — |
Net periodic benefit cost | $ | 6,764 |  |  | $ | 9,401 |  |  | $ | 20,292 |  |  | $ | 28,200 |
Postretirement Healthcare Benefits |  |  |  |  |  |  |
Service cost | $ | 1,870 |  |  | $ | 2,065 |  |  | $ | 5,610 |  |  | $ | 6,195 |
Interest cost | 3,704 |  |  | 3,541 |  |  | 11,112 |  |  | 10,623 |
Expected return on plan assets | (3,017 | ) |  | (2,877 | ) |  | (9,051 | ) |  | (8,631 | )
Amortization of unrecognized: |  |  |  |  |  |  |
Prior service credit | (701 | ) |  | (804 | ) |  | (2,103 | ) |  | (2,412 | )
Net loss | 884 |  |  | 993 |  |  | 2,652 |  |  | 2,979 |
Net periodic benefit cost | $ | 2,740 |  |  | $ | 2,918 |  |  | $ | 8,220 |  |  | $ | 8,754 |
During the first nine months of 2016, the Company voluntarily contributed $25.0 million in cash to further fund its qualified pension plan. There are no required or planned contributions to the qualified pension plan for the remainder of 2016. The Company expects it will continue to make ongoing benefit payments under the SERPA and postretirement healthcare plans.

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

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450702-114947 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66047640&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration