Business Segments

9 Months Ended

Sep. 29, 2013

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company operates in two business segments: Motorcycles and Financial Services. The Company’s reportable segments are strategic business units that offer different products and services. They are managed separately based on the fundamental differences in their operations. Selected segment information is set forth below (in thousands):

	Three months ended				Nine months ended
	September 29, 2013		September 30, 2012		September 29, 2013			September 30, 2012
Motorcycles net revenue	$	1,180,284	$	1,089,268	$	4,225,998		$	3,931,684
Gross profit	416,315		377,904		1,537,627			1,398,231
Selling, administrative and engineering expense	240,198		223,982		729,443			709,015
Restructuring expense (benefit)	646		9,170		(1,713		)	26,841
Operating income from Motorcycles	175,471		144,752		809,897			662,375
Financial services revenue	163,434		161,027		483,240			477,962
Financial services expense	87,366		88,677		261,471			256,264
Operating income from Financial Services	76,068		72,350		221,769			221,698
Operating income	$	251,539	$	217,102	$	1,031,666		$	884,073