XML 73 R49.htm IDEA: XBRL DOCUMENT
v3.22.4

Reportable Segments and Geographic Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Information By Industry Segment | Selected segment information is set forth below for the years ended December 31, (in thousands):
| 2022 |  | 2021 |  | 2020
HDMC: |  |  |  |  |
Revenue | $ | 4,887,672 |  |  | $ | 4,504,434 |  |  | $ | 3,233,191 |
Gross profit | 1,527,873 |  |  | 1,299,527 |  |  | 853,265 |
Selling, administrative and engineering expense | 851,330 |  |  | 819,979 |  |  | 843,222 |
Restructuring (benefit) expense | (544) |  |  | 2,741 |  |  | 119,110 |
Operating income (loss) | 677,087 |  |  | 476,807 |  |  | (109,067) |
LiveWire: |  |  |  |  |
Revenue | 46,833 |  |  | 35,806 |  |  | 30,863 |
Gross profit | 2,904 |  |  | (2,574) |  |  | (24,956) |
Selling, administrative and engineering expense | 88,219 |  |  | 65,608 |  |  | 52,099 |
Operating loss | (85,315) |  |  | (68,182) |  |  | (77,055) |
HDFS: |  |  |  |  |
Financial services revenue | 820,625 |  |  | 796,068 |  |  | 790,323 |
Financial services expense | 503,119 |  |  | 380,580 |  |  | 583,623 |
Restructuring expense | — |  |  | 674 |  |  | 10,899 |
Operating income | 317,506 |  |  | 414,814 |  |  | 195,801 |
Operating income | $ | 909,278 |  |  | $ | 823,439 |  |  | $ | 9,679 |
Additional segment information is set forth below as of December 31, (in thousands):
| HDMC |  | LiveWire |  | HDFS |  | Consolidated
2022: |  |  |  |  |  |  |
Assets | $ | 3,254,309 |  |  | $ | 351,422 |  |  | $ | 7,886,745 |  |  | $ | 11,492,476 |
Depreciation and amortization | $ | 138,875 |  |  | $ | 4,401 |  |  | $ | 8,666 |  |  | $ | 151,942 |
Capital expenditures | $ | 133,191 |  |  | $ | 14,081 |  |  | $ | 4,397 |  |  | $ | 151,669 |
2021: |  |  |  |  |  |  |
Assets | $ | 3,246,340 |  |  | $ | 61,952 |  |  | $ | 7,742,763 |  |  | $ | 11,051,055 |
Depreciation and amortization | $ | 151,251 |  |  | $ | 4,718 |  |  | $ | 9,216 |  |  | $ | 165,185 |
Capital expenditures | $ | 106,044 |  |  | $ | 9,951 |  |  | $ | 4,186 |  |  | $ | 120,181 |
2020: |  |  |  |  |  |  |
Assets | $ | 2,440,775 |  |  | $ | 51,740 |  |  | $ | 9,518,086 |  |  | $ | 12,010,601 |
Depreciation and amortization | $ | 173,171 |  |  | $ | 3,942 |  |  | $ | 8,602 |  |  | $ | 185,715 |
Capital expenditures | $ | 125,555 |  |  | $ | 3,243 |  |  | $ | 2,252 |  |  | $ | 131,050 |
Schedule of Segment Information By Geographical Locations | Included in the Consolidated financial statements are the following amounts relating to geographic locations for the years ended December 31, (in thousands):
| 2022 |  | 2021 |  | 2020
HDMC revenue(a): |  |  |  |  |
United States | $ | 3,253,875 |  |  | $ | 2,996,471 |  |  | $ | 2,022,389 |
EMEA | 693,073 |  |  | 703,048 |  |  | 583,342 |
Canada | 216,389 |  |  | 182,230 |  |  | 138,216 |
Japan | 175,292 |  |  | 150,138 |  |  | 96,442 |
Australia and New Zealand | 147,551 |  |  | 134,301 |  |  | 107,459 |
Other countries | 401,492 |  |  | 338,246 |  |  | 285,343 |
| $ | 4,887,672 |  |  | $ | 4,504,434 |  |  | $ | 3,233,191 |
LiveWire revenue(a): |  |  |  |  |
United States | 36,256 |  |  | 24,633 |  |  | 21,462 |
International | 10,577 |  |  | 11,173 |  |  | 9,401 |
| $ | 46,833 |  |  | $ | 35,806 |  |  | $ | 30,863 |
HDFS revenue(a): |  |  |  |  |
United States | $ | 794,912 |  |  | $ | 765,917 |  |  | $ | 757,730 |
Canada | 16,276 |  |  | 18,613 |  |  | 20,353 |
Europe | 6,071 |  |  | 7,464 |  |  | 8,300 |
Other countries | 3,366 |  |  | 4,074 |  |  | 3,940 |
| $ | 820,625 |  |  | $ | 796,068 |  |  | $ | 790,323 |
Long-lived assets(b): |  |  |  |  |
United States | $ | 611,421 |  |  | $ | 595,375 |  |  | $ | 644,224 |
Thailand | 72,474 |  |  | 81,927 |  |  | 94,749 |
Other countries | 5,991 |  |  | 6,682 |  |  | 4,811 |
| 78,465 |  |  | 88,609 |  |  | 99,560 |
| $ | 689,886 |  |  | $ | 683,984 |  |  | $ | 743,784 |
(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
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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