Business Segments

3 Months Ended

Mar. 30, 2014

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
	March 30, 2014		March 31, 2013
Motorcycles net revenue	$	1,571,688	$	1,414,248
Gross profit	592,131		519,442
Selling, administrative and engineering expense	244,439		239,743
Restructuring expense	—		2,938
Operating income from Motorcycles	347,692		276,761
Financial Services revenue	154,360		156,965
Financial Services expense	91,170		85,420
Operating income from Financial Services	63,190		71,545
Operating income	$	410,882	$	348,306