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Financing Agreement (Tables) | 12 Months Ended
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Dec. 31, 2017
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Debt, capital lease obligations, notes payable and the average related interest rates were as follows (in thousands):
| Average interest rate at December 31, 2017 |  | Maturity |  | December 31, 2017 |  | December 31, 2016
Revolving loan facility | 2.56% |  | May 2021 |  | $ | 3,000 |  |  | $ | 172,142 |
Term loan facility | 2.66% |  | May 2021 |  | 680,000 |  |  | 740,000 |
Senior notes—fixed rate | 3.81% |  | May 2018 |  | 25,000 |  |  | 25,000 |
Senior notes—fixed rate | 4.60% |  | May 2021 |  | 75,000 |  |  | 75,000 |
Senior notes—fixed rate | 3.13% |  | December 2020 |  | 100,000 |  |  | 100,000 |
Capital lease obligations | 5.20% |  | Various through 2029 |  | 19,889 |  |  | 19,306 |
Notes payable and other | 3.40% |  | June 2027 |  | 12,384 |  |  | 13,618 |
Debt issuance costs |  |  |  |  | (2,261 | ) |  | (3,156 | )
Total debt, capital lease obligations, and notes payable |  |  |  |  | $ | 913,012 |  |  | $ | 1,141,910 |
Less: current maturities |  |  |  |  | 47,746 |  |  | 3,847 |
Total long-term debt, capital lease obligations, and notes payable |  |  |  |  | $ | 865,266 |  |  | $ | 1,138,063 |
Summary of Activity Under Credit Arrangements, Excluding Acquired Borrowings | The following summarizes activity under Polaris’ credit arrangements (dollars in thousands):
| 2017 |  | 2016 |  | 2015
Total borrowings at December 31 | $ | 883,000 |  |  | $ | 1,112,142 |  |  | $ | 425,707 |
Average outstanding borrowings during year | $ | 1,133,641 |  |  | $ | 638,614 |  |  | $ | 403,097 |
Maximum outstanding borrowings during year | $ | 1,319,105 |  |  | $ | 1,234,337 |  |  | $ | 523,097 |
Interest rate at December 31 | 2.91 | % |  | 2.25 | % |  | 2.33 | %

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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