XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.24.3

Revenue Recognition (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Revenue Recognition [Abstract] |
Disaggregation of Revenue | The following tables disaggregate the Company's revenue by major product type and geography (in millions):
| Three months ended September 30, 2024
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 1,025.2 |  | $ | 191.3 |  | $ | 85.8 |  | $ | 1,302.3
PG&A | 374.8 |  | 45.2 |  | 0.1 |  | 420.1
Total revenue | $ | 1,400.0 |  | $ | 236.5 |  | $ | 85.9 |  | $ | 1,722.4
Revenue by geography |  |  |  |  |  |  |
United States | $ | 1,154.8 |  | $ | 117.5 |  | $ | 83.8 |  | $ | 1,356.1
Canada | 106.6 |  | 8.6 |  | 1.3 |  | 116.5
EMEA | 78.1 |  | 97.1 |  | — |  | 175.2
APLA | 60.5 |  | 13.3 |  | 0.8 |  | 74.6
Total revenue | $ | 1,400.0 |  | $ | 236.5 |  | $ | 85.9 |  | $ | 1,722.4
| Three months ended September 30, 2023
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 1,385.4 |  | $ | 221.6 |  | $ | 134.2 |  | $ | 1,741.2
PG&A | 459.0 |  | 48.7 |  | — |  | 507.7
Total revenue | $ | 1,844.4 |  | $ | 270.3 |  | $ | 134.2 |  | $ | 2,248.9
Revenue by geography |  |  |  |  |  |  |
United States | $ | 1,566.1 |  | $ | 147.3 |  | $ | 132.1 |  | $ | 1,845.5
Canada | 128.9 |  | 9.2 |  | 1.9 |  | 140.0
EMEA | 81.6 |  | 96.5 |  | 0.1 |  | 178.2
APLA | 67.8 |  | 17.3 |  | 0.1 |  | 85.2
Total revenue | $ | 1,844.4 |  | $ | 270.3 |  | $ | 134.2 |  | $ | 2,248.9
| Nine months ended September 30, 2024
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 3,136.6 |  | $ | 655.6 |  | $ | 343.2 |  | $ | 4,135.4
PG&A | 1,132.9 |  | 151.4 |  | 0.3 |  | 1,284.6
Total revenue | $ | 4,269.5 |  | $ | 807.0 |  | $ | 343.5 |  | $ | 5,420.0
Revenue by geography |  |  |  |  |  |  |
United States | $ | 3,532.0 |  | $ | 393.7 |  | $ | 333.9 |  | $ | 4,259.6
Canada | 291.9 |  | 35.4 |  | 7.0 |  | 334.3
EMEA | 256.8 |  | 340.5 |  | 0.3 |  | 597.6
APLA | 188.8 |  | 37.4 |  | 2.3 |  | 228.5
Total revenue | $ | 4,269.5 |  | $ | 807.0 |  | $ | 343.5 |  | $ | 5,420.0
| Nine months ended September 30, 2023
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 3,905.8 |  | $ | 789.7 |  | $ | 622.2 |  | $ | 5,317.7
PG&A | 1,161.8 |  | 165.7 |  | — |  | 1,327.5
Total revenue | $ | 5,067.6 |  | $ | 955.4 |  | $ | 622.2 |  | $ | 6,645.2
Revenue by geography |  |  |  |  |  |  |
United States | $ | 4,189.1 |  | $ | 491.8 |  | $ | 605.0 |  | $ | 5,285.9
Canada | 372.3 |  | 37.5 |  | 15.3 |  | 425.1
EMEA | 287.8 |  | 368.4 |  | 0.7 |  | 656.9
APLA | 218.4 |  | 57.7 |  | 1.2 |  | 277.3
Total revenue | $ | 5,067.6 |  | $ | 955.4 |  | $ | 622.2 |  | $ | 6,645.2
Deferred Revenue, by Arrangement, Disclosure | The activity in the deferred revenue reserve for ESCs during the periods presented was as follows (in millions):
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Balance at beginning of period | $ | 107.6 |  |  | $ | 108.7 |  |  | $ | 110.3 |  |  | $ | 111.1 |
New contracts sold | 10.7 |  |  | 9.9 |  |  | 36.0 |  |  | 35.2 |
Revenue recognized on existing contracts | (10.2) |  |  | (11.4) |  |  | (38.2) |  |  | (39.1) |
Balance at end of period | $ | 108.1 |  |  | $ | 107.2 |  |  | $ | 108.1 |  |  | $ | 107.2 |

X
- Definition Tabular disclosure of the type of arrangements and the corresponding amounts that comprise the current and noncurrent balance of deferred revenue as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_DeferredRevenueByArrangementDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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