XML 58 R33.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Shareholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure Shareholders Equity [Abstract] |
Schedule of share repurchases | The Company has made the following share repurchases (in thousands):
|  | For the Years Ended December 31,
|  | 2017 |  | 2016 |  | 2015
Total number of shares repurchased and retired |  | 1,028 |  |  | 2,908 |  |  | 2,179 |
Total investment |  | $ | 90,461 |  |  | $ | 245,816 |  |  | $ | 293,616 |
Schedule of cash dividends declared per common share | Dividends. Quarterly and total year cash dividends declared per common share for the year ended December 31, 2017 and 2016 were as follows:
|  | For the Years Ended December 31,
|  | 2017 |  | 2016
Quarterly dividend declared and paid per common share |  | $ | 0.58 |  |  | $ | 0.55 |
Total dividends declared and paid per common share |  | $ | 2.32 |  |  | $ | 2.20 |
Schedule of reconciliation of weighted average number of shares | A reconciliation of these amounts is as follows (in thousands):
| For the Years Ended December 31,
| 2017 |  | 2016 |  | 2015
Weighted average number of common shares outstanding | 62,668 |  | 64,033 |  | 65,719 |
Director Plan and deferred stock units | 157 |  | 162 |  | 210 |
ESOP | 91 |  | 101 |  | 91 |
Common shares outstanding—basic | 62,916 |  | 64,296 |  | 66,020 |
Dilutive effect of restricted stock awards | 384 |  | 150 |  | 255 |
Dilutive effect of stock option awards | 880 |  | 712 |  | 1,209 |
Common and potential common shares outstanding—diluted | 64,180 |  | 65,158 |  | 67,484 |
Schedule of changes in accumulated other comprehensive income (loss) balances | Changes in the accumulated other comprehensive loss balance is as follows (in thousands):
| Foreign Currency Items |  | Cash Flow Hedging Derivatives |  | Retirement Benefit Plan Activity |  | Accumulated Other Comprehensive Loss
Balance as of December 31, 2016 | $ | (84,133 | ) |  | $ | 296 |  |  | — |  |  | $ | (83,837 | )
Reclassification to the income statement | — |  |  | (1,565 | ) |  | — |  |  | (1,565 | )
Change in fair value | 41,691 |  |  | 1,235 |  |  | $ | (3,153 | ) |  | 39,773 |
Balance as of December 31, 2017 | $ | (42,442 | ) |  | $ | (34 | ) |  | $ | (3,153 | ) |  | $ | (45,629 | )
Schedule of gains and losses, net of tax, reclassified from accumulated other comprehensive income into the income statement for cash flow derivatives designated as hedging instruments | The table below provides data about the amount of gains and losses, net of tax, reclassified from accumulated other comprehensive loss into the income statement for cash flow derivatives designated as hedging instruments for the year ended December 31, 2017 and 2016 (in thousands):
Derivatives in Cash Flow Hedging Relationships | Location of Gain Reclassified from Accumulated OCI into Income |  | For the Years Ended December 31,
| 2017 |  | 2016
Foreign currency contracts | Other expense, net |  | $ | 1,410 |  |  | $ | 1,325 |
Foreign currency contracts | Cost of sales |  | 155 |  |  | 3,318 |
Total |  |  | $ | 1,565 |  |  | $ | 4,643 |

X
- Definition Disclosure Shareholders Equity [Abstract] + References No definition available. + Details
Name: | pii_DisclosureShareholdersEquityAbstract
Namespace Prefix: | pii_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 25 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653 + Details
Name: | us-gaap_AcceleratedShareRepurchasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ScheduleOfDividendsPayableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration