Goodwill and Intangibles (Tables)

9 Months Ended

Oct. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

Changes in the Company's goodwill during the nine months ended October 2, 2021 and September 26, 2020, by segment, are summarized below:

(in millions)	Propulsion		Parts and Accessories		Boat		Total
December 31, 2020	$	15.3	$	372.5	$	29.9	$	417.7
Acquisitions	—		7.1		19.8		26.9
Adjustments	(0.4)		(0.2)		(0.2)		(0.8)
October 2, 2021	$	14.9	$	379.4	$	49.5	$	443.8
December 31, 2019	$	14.5	$	371.9	$	28.6	$	415.0
Adjustments	—		—		1.3		1.3
September 26, 2020	$	14.5	$	371.9	$	29.9	$	416.3

Schedule of Other Intangible Assets [Table Text Block]

The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of October 2, 2021, December 31, 2020 and September 26, 2020, are summarized by intangible asset type below:

	October 2, 2021				December 31, 2020				September 26, 2020
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Intangible assets:
Customer relationships	$	701.7	$	(329.9)	$	687.7	$	(306.4)	$	687.0	$	(298.2)
Trade names	173.0		—		166.2		—		165.8		—
Other	18.5		(14.1)		18.5		(13.7)		18.4		(13.4)
Total	$	893.2	$	(344.0)	$	872.4	$	(320.1)	$	871.2	$	(311.6)

Other intangible assets primarily consist of patents and franchise agreements. Gross amounts and related accumulated amortization amounts include adjustments related to the impact of foreign currency translation. Aggregate amortization expense for intangibles was $8.3 million and $24.3 million for three and nine months ended October 2, 2021, respectively. Aggregate amortization expense for intangibles was $8.0 million and $24.0 million for the three and nine months ended September 26, 2020, respectively.

The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of October 2, 2021, December 31, 2020 and September 26, 2020, are summarized by segment below:

	October 2, 2021				December 31, 2020				September 26, 2020
(in millions)	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Propulsion	$	1.0	$	(0.5)	$	1.0	$	(0.5)	$	1.0	$	(0.5)
Parts and Accessories	637.3		(134.8)		618.8		(112.4)		617.6		(104.5)
Boat	254.9		(208.7)		252.6		(207.2)		252.6		(206.6)
Total	$	893.2	$	(344.0)	$	872.4	$	(320.1)	$	871.2	$	(311.6)