<SUBMISSION>
<ACCESSION-NUMBER>0000950137-02-001638
<TYPE>8-K/A
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20020327
<ITEMS>4
<ITEMS>9
<FILING-DATE>20020327
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>POLARIS INDUSTRIES INC/MN
<CIK>0000931015
<ASSIGNED-SIC>3790
<IRS-NUMBER>411790959
<STATE-OF-INCORPORATION>MN
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K/A
<ACT>34
<FILE-NUMBER>001-11411
<FILM-NUMBER>02588339
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2100 HIGHWAY 55
<CITY>MEDINA
<STATE>MN
<ZIP>55340
<PHONE>6125420500
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1225 HIGHWAY 169 N
<STREET2>425 LEXINGTON AVE
<CITY>MINNESOTA
<STATE>MN
<ZIP>55441
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>c68114a1e8-ka.htm
<DESCRIPTION>AMENDMENT TO CURRENT REPORT
<TEXT>
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<TITLE>Amendment to Current Report</TITLE>
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<P align="center"><FONT size="2">SECURITIES AND EXCHANGE COMMISSION<BR>
<B>Washington, D.C. 20549</B></FONT>


<P align="center"><FONT size="2"><B>FORM 8-K/A<BR>
(Amendment No.&nbsp;1)</B></FONT>


<P align="center"><FONT size="2"><B>CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES<BR>
EXCHANGE ACT OF 1934</B></FONT>


<P align="center"><FONT size="2">Date of Report (Date of earliest event reported): March&nbsp;27, 2002</FONT>


<P align="center"><FONT size="2"><B>POLARIS INDUSTRIES INC.</B><BR>
(Exact name of Registrant as specified in its charter)</FONT>


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        <TD width="29%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="29%">&nbsp;</TD>
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        <TD align="center" valign="top"><FONT size="2"><B>Minnesota</B><BR>
(State of Incorporation)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
<B>1-11411</B><BR>
(Commission File Number)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2"><B>41-1790959</B><BR>
(I.R.S. Employer Identification No.)</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">2100 Highway 55<BR>
Medina, Minnesota 55340<BR>
(Address of principal executive offices)<BR>
(Zip Code)</FONT>


<P align="center"><FONT size="2">(763)&nbsp;542-0500<BR>
(Registrant&#146;s telephone number, including area code)</FONT>


<P align="center"><FONT size="2">&nbsp;</FONT>
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<TR><TD colspan="9"><A HREF="#000">SIGNATURE</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="c68114a1ex16-1.htm">Letter from Arthur Andersen LLP</A></TD></TR>
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<P align="left"><FONT size="2"><B>Item&nbsp;4. Changes in Registrant&#146;s Certifying Accountant.</B>
</FONT>

<P><FONT size="2">On March&nbsp;15, 2002, the Board of Directors of Polaris Industries Inc. (the
&#147;Company&#148;) and its Audit Committee dismissed Arthur Andersen LLP (&#147;Arthur
Andersen&#148; or &#147;AA&#148;) as the Company&#146;s independent auditors and engaged Ernst &#038;
Young LLP (&#147;E&#038;Y&#148;) to serve as the Company&#146;s independent auditors for the fiscal
year ending December&nbsp;31, 2002.</FONT>


<P><FONT size="2">Arthur Andersen&#146;s reports on the Company&#146;s consolidated financial statements
for each of the years ended December&nbsp;31, 2001, 2000 and 1999 did not contain an
adverse opinion or disclaimer of opinion, nor were they qualified or modified
as to uncertainty, audit scope or accounting principles.</FONT>


<P><FONT size="2">During the years ended December&nbsp;31, 2001, 2000 and 1999 and through the date
hereof, there were no disagreements with Arthur Andersen on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure which, if not resolved to AA&#146;s satisfaction, would have
caused them to make reference to the subject matter of the disagreements in
connection with their report on the Company&#146;s financial statements for such
years; and there are no reportable events as defined in Item&nbsp;304(a)(1)(v) of
Regulation&nbsp;S-K.</FONT>


<P><FONT size="2">The Company provided Arthur Andersen with a copy of the foregoing disclosures.
Attached as Exhibit&nbsp;16.1 is a copy of AA&#146;s letter, dated March&nbsp;27, 2002,
stating its agreement with such statements.</FONT>


<P><FONT size="2">During the years ended December&nbsp;31, 2001 and 2000 and through the date hereof,
the Company did not consult E&#038;Y with respect to the application of accounting
principles to a specified transaction, either completed or proposed, or the
type of audit opinion that might be rendered on the Company&#146;s consolidated
financial statements, or any other matters or reportable events as set forth in
Items 304(a)(2)(i) and (ii)&nbsp;of Regulation&nbsp;S-K.</FONT>


<P align="left"><FONT size="2"><B>Item&nbsp;9. Financial Statements and Exhibits.</B>
</FONT>

<P>
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<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">(c)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The following exhibits are filed with the document:</FONT></TD>
</TR>
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        <TD width="8%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
        <TD width="77%">&nbsp;</TD>
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<TR valign="bottom">
        <TD nowrap align="CENTER"><FONT size="1"><B>Exhibit</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="CENTER"><FONT size="1"><B>Number</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="CENTER"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="CENTER"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">16.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated March&nbsp;27, 2002.</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">2</FONT>
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<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURE</B>
</FONT>

<P><FONT size="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on it behalf by the
undersigned, thereunto duly authorized.</FONT>


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        <TD width="51%">&nbsp;</TD>
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        <TD valign="top"><FONT size="2">Date:</FONT></TD>
        <TD colspan="2" align="left" valign="top"><FONT size="2">
March 27, 2002</FONT></TD>

        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">POLARIS INDUSTRIES INC.</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">/s/ Michael W. Malone<BR>
</FONT><HR size="1" noshade><FONT size="2">
Michael W. Malone<BR>
Vice President &#150; Finance,<BR>
Chief Financial Officer and<BR>
Secretary of Polaris Industries Inc.</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">3</FONT>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>EXHIBIT INDEX</B>
</FONT>

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        <TD width="8%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
        <TD width="77%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="CENTER"><FONT size="1"><B>Exhibit</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="CENTER"><FONT size="1"><B>Number</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="CENTER"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
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        <TD nowrap align="CENTER"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="CENTER"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">16.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated March&nbsp;27, 2002.</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">4</FONT>
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<DOCUMENT>
<TYPE>EX-16.1
<SEQUENCE>3
<FILENAME>c68114a1ex16-1.htm
<DESCRIPTION>LETTER FROM ARTHUR ANDERSEN LLP
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<TITLE>Letter from Arthur Andersen LLP</TITLE>
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<P align="right"><FONT size="2"><B>Exhibit&nbsp;16.1</B>
</FONT>

<P><FONT size="2">Office of the Chief Accountant<BR>
Securities and Exchange Commission<BR>
450 Fifth Street, N.W. 20549</FONT>


<P><FONT size="2">March&nbsp;27, 2002</FONT>


<P><FONT size="2">Dear Sir or Madam:</FONT>


<P><FONT size="2">We have read the first four (4)&nbsp;paragraphs of Item&nbsp;4 included in the Form&nbsp;8-K/A,
dated March&nbsp;27, 2002, of Polaris Industries Inc. to be filed with the
Securities and Exchange Commission and are in agreement with the statements
contained therein.</FONT>


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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Very truly yours,</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
/s/  Arthur Andersen LLP<BR>
</FONT><HR size="1" noshade><FONT size="2">
Arthur Andersen LLP</FONT></TD>
</TR>
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<p>&nbsp;
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        <TD width="97%">&nbsp;</TD>
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        <TD valign="top"><FONT size="2">cc:</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Thomas C. Tiller,</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chief Executive Officer</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
and President, Polaris</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Industries Inc.</FONT></TD>
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