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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 634,700 $ 157,100
Trade receivables, net 257,200 190,400
Inventories, net 1,177,600 1,121,100
Prepaid expenses and other 134,100 125,900
Income taxes receivable 3,900 32,500
Total current assets 2,207,500 1,627,000
Land, buildings and improvements 517,200 502,900
Equipment and tooling 1,499,500 1,390,500
Property and equipment, gross 2,016,700 1,893,400
Less: accumulated depreciation (1,127,900) (993,600)
Property and equipment, net 888,800 899,800
Investment in finance affiliate 59,400 110,600
Deferred tax assets 177,700 93,300
Goodwill and other intangible assets, net 1,083,700 1,490,200
Operating Lease, Right-of-Use Asset 125,400 110,200
Other long-term assets 90,200 99,400
Total assets 4,632,700 4,430,500
Current liabilities:    
Current portion of debt, finance lease obligations, and notes payable 142,100 166,700
Accounts payable 782,200 450,200
Accrued expenses:    
Compensation 215,400 184,500
Warranties 140,800 136,200
Sales promotions and incentives 138,100 189,900
Dealer holdback 121,700 145,800
Other 292,400 213,900
Operating Lease, Liability, Current 34,700 34,900
Income taxes payable 22,000 5,900
Total current liabilities 1,889,400 1,528,000
Long-term income taxes payable 14,400 28,100
Finance lease obligations 14,700 14,800
Long-term debt 1,293,900 1,512,000
Deferred tax liabilities 4,400 4,000
Operating Lease, Liability, Noncurrent 92,300 77,900
Other long-term liabilities 166,500 143,900
Total liabilities 3,475,600 3,308,700
Deferred compensation 12,300 13,600
Shareholders’ equity:    
Preferred stock $0.01 par value, 20.0 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value, 160.0 shares authorized, 61.9 and 61.4 shares issued and outstanding, respectively 600 600
Additional paid-in capital 983,900 892,800
Retained earnings 218,400 287,300
Accumulated other comprehensive loss, net (58,400) (72,700)
Total shareholders’ equity 1,144,500 1,108,000
Stockholders' Equity Attributable to Noncontrolling Interest 300 200
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,144,800 1,108,200
Total liabilities and equity $ 4,632,700 $ 4,430,500