XML 40 R26.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Reportable Segments and Geographic Information | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Reportable Segments and Geographic Information | Reportable Segments and Geographic Information Reportable Segments: Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Company’s reportable segments are strategic business units that offer different products and services and are managed separately based on the fundamental differences in their operations. The Motorcycles segment consists of HDMC which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise and related services. The Company’s products are sold to retail customers through a network of independent dealers. The Company conducts business on a global basis, with sales in the United States, Canada, Latin America, Europe/Middle East/Africa (EMEA) and the Asia Pacific region. The Financial Services reportable segment consists of HDFS which provides wholesale and retail financing and provides insurance and insurance-related programs primarily to Harley-Davidson dealers and their retail customers. HDFS conducts business principally in the United States and Canada. Information by segment is set forth below for the years ended December 31 (in thousands):
|  | 2016 |  | 2015 |  | 2014
Motorcycles net revenue |  | $ | 5,271,376 |  |  | $ | 5,308,744 |  |  | $ | 5,567,681 |
Gross profit |  | 1,851,666 |  |  | 1,952,460 |  |  | 2,025,080 |
Selling, administrative and engineering expense |  | 1,078,260 |  |  | 1,076,970 |  |  | 1,021,933 |
Operating income from Motorcycles |  | $ | 773,406 |  |  | $ | 875,490 |  |  | $ | 1,003,147 |
Financial Services revenue |  | $ | 725,082 |  |  | $ | 686,658 |  |  | $ | 660,827 |
Financial Services expense |  | 449,552 |  |  | 406,453 |  |  | 382,991 |
Operating income from Financial Services |  | $ | 275,530 |  |  | $ | 280,205 |  |  | $ | 277,836 |
Financial Services revenue includes $4.4 million, $6.9 million and $8.1 million of interest that HDMC paid to HDFS on wholesale finance receivables in 2016, 2015 and 2014, respectively. The offsetting cost of these interest incentives was recorded as a reduction to Motorcycles revenue. Information by segment is set forth below as of December 31 (in thousands):
|  | Motorcycles |  | Financial Services |  | Consolidated
2016 |  |  |  |  |  |
Total assets |  | $ | 2,490,450 |  |  | $ | 7,399,790 |  |  | $ | 9,890,240 |
Depreciation and amortization |  | $ | 202,122 |  |  | $ | 7,433 |  |  | $ | 209,555 |
Capital expenditures |  | $ | 245,316 |  |  | $ | 10,947 |  |  | $ | 256,263 |
2015 |  |  |  |  |  |
Total assets |  | $ | 2,522,249 |  |  | $ | 7,450,728 |  |  | $ | 9,972,977 |
Depreciation and amortization |  | $ | 188,926 |  |  | $ | 9,148 |  |  | $ | 198,074 |
Capital expenditures |  | $ | 249,772 |  |  | $ | 10,202 |  |  | $ | 259,974 |
2014 |  |  |  |  |  |
Total assets |  | $ | 2,502,190 |  |  | $ | 7,013,680 |  |  | $ | 9,515,870 |
Depreciation and amortization |  | $ | 171,187 |  |  | $ | 8,113 |  |  | $ | 179,300 |
Capital expenditures |  | $ | 224,262 |  |  | $ | 8,057 |  |  | $ | 232,319 |
Geographic Information: Included in the consolidated financial statements are the following amounts relating to geographic locations for the years ended December 31 (in thousands):
|  | 2016 |  | 2015 |  | 2014
Revenue from Motorcycles(a): |  |  |  |  |  |
United States |  | $ | 3,579,129 |  |  | $ | 3,768,069 |  |  | $ | 3,773,087 |
EMEA |  | 798,489 |  |  | 728,198 |  |  | 869,690 |
Japan |  | 200,309 |  |  | 162,675 |  |  | 197,792 |
Canada |  | 212,099 |  |  | 178,042 |  |  | 194,422 |
Australia and New Zealand |  | 181,809 |  |  | 165,854 |  |  | 190,029 |
Other foreign countries |  | 299,541 |  |  | 305,906 |  |  | 342,661 |
Total revenue from Motorcycles |  | $ | 5,271,376 |  |  | $ | 5,308,744 |  |  | $ | 5,567,681 |
Revenue from Financial Services(a): |  |  |  |  |  |
United States |  | $ | 692,784 |  |  | $ | 656,888 |  |  | $ | 627,317 |
Europe |  | 6,528 |  |  | 5,373 |  |  | 5,684 |
Canada |  | 21,626 |  |  | 21,180 |  |  | 23,707 |
Other foreign countries |  | 4,144 |  |  | 3,217 |  |  | 4,119 |
Total revenue from Financial Services |  | $ | 725,082 |  |  | $ | 686,658 |  |  | $ | 660,827 |
Long-lived assets(b): |  |  |  |  |  |
United States |  | $ | 943,479 |  |  | $ | 915,509 |  |  | $ | 865,617 |
International |  | 38,114 |  |  | 26,909 |  |  | 34,328 |
Total long-lived assets |  | $ | 981,593 |  |  | $ | 942,418 |  |  | $ | 899,945 |
(a) | Revenue is attributed to geographic regions based on location of customer.
(b) | Long-lived assets include all long-term assets except those specifically excluded under ASC Topic 280, “Segment Reporting,” such as deferred income taxes and finance receivables.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration