XML 38 R25.htm IDEA: XBRL DOCUMENT
v3.25.2

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
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 June 30, 2025
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 1,022.4 |  | $ | 227.9 |  | $ | 155.1 |  | $ | 1,405.4
PG&A | 386.0 |  | 61.1 |  | 0.2 |  | 447.3
Total revenue | $ | 1,408.4 |  | $ | 289.0 |  | $ | 155.3 |  | $ | 1,852.7
Revenue by geography |  |  |  |  |  |  |
United States | $ | 1,171.7 |  | $ | 152.8 |  | $ | 153.4 |  | $ | 1,477.9
Canada | 96.3 |  | 8.1 |  | 1.3 |  | 105.7
EMEA | 83.2 |  | 115.5 |  | — |  | 198.7
APLA | 57.2 |  | 12.6 |  | 0.6 |  | 70.4
Total revenue | $ | 1,408.4 |  | $ | 289.0 |  | $ | 155.3 |  | $ | 1,852.7
| Three months ended June 30, 2024
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 1,135.1 |  | $ | 238.8 |  | $ | 133.9 |  | $ | 1,507.8
PG&A | 398.7 |  | 54.5 |  | 0.2 |  | 453.4
Total revenue | $ | 1,533.8 |  | $ | 293.3 |  | $ | 134.1 |  | $ | 1,961.2
Revenue by geography |  |  |  |  |  |  |
United States | $ | 1,285.9 |  | $ | 144.4 |  | $ | 130.4 |  | $ | 1,560.7
Canada | 99.3 |  | 14.0 |  | 3.1 |  | 116.4
EMEA | 84.3 |  | 120.8 |  | 0.1 |  | 205.2
APLA | 64.3 |  | 14.1 |  | 0.5 |  | 78.9
Total revenue | $ | 1,533.8 |  | $ | 293.3 |  | $ | 134.1 |  | $ | 1,961.2
| Six months ended June 30, 2025
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 1,859.7 |  | $ | 400.7 |  | $ | 270.4 |  | $ | 2,530.8
PG&A | 747.3 |  | 110.1 |  | 0.3 |  | 857.7
Total revenue | $ | 2,607.0 |  | $ | 510.8 |  | $ | 270.7 |  | $ | 3,388.5
Revenue by geography |  |  |  |  |  |  |
United States | $ | 2,134.3 |  | $ | 270.1 |  | $ | 266.2 |  | $ | 2,670.6
Canada | 184.4 |  | 15.6 |  | 3.3 |  | 203.3
EMEA | 177.0 |  | 201.6 |  | — |  | 378.6
APLA | 111.3 |  | 23.5 |  | 1.2 |  | 136.0
Total revenue | $ | 2,607.0 |  | $ | 510.8 |  | $ | 270.7 |  | $ | 3,388.5
| Six months ended June 30, 2024
| Off Road |  | On Road |  | Marine |  | Total
Revenue by product type |  |  |  |  |  |  |
Wholegoods | $ | 2,111.4 |  | $ | 464.3 |  | $ | 257.4 |  | $ | 2,833.1
PG&A | 758.1 |  | 106.2 |  | 0.2 |  | 864.5
Total revenue | $ | 2,869.5 |  | $ | 570.5 |  | $ | 257.6 |  | $ | 3,697.6
Revenue by geography |  |  |  |  |  |  |
United States | $ | 2,377.2 |  | $ | 276.2 |  | $ | 250.1 |  | $ | 2,903.5
Canada | 185.3 |  | 26.8 |  | 5.7 |  | 217.8
EMEA | 178.7 |  | 243.4 |  | 0.3 |  | 422.4
APLA | 128.3 |  | 24.1 |  | 1.5 |  | 153.9
Total revenue | $ | 2,869.5 |  | $ | 570.5 |  | $ | 257.6 |  | $ | 3,697.6
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 June 30, |  | Six months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Balance at beginning of period | $ | 110.1 |  |  | $ | 112.3 |  |  | $ | 111.3 |  |  | $ | 110.3 |
New contracts sold | 11.0 |  |  | 11.1 |  |  | 23.2 |  |  | 25.3 |
Revenue recognized on existing contracts | (9.1) |  |  | (15.8) |  |  | (22.5) |  |  | (28.0) |
Balance at end of period | $ | 112.0 |  |  | $ | 107.6 |  |  | $ | 112.0 |  |  | $ | 107.6 |

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