Business Segments

6 Months Ended

Jun. 29, 2014

Segment Reporting [Abstract]

Business Segments

Business Segments

The Company operates in two business segments: Motorcycles & Related Products (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					Six months ended
	June 29, 2014		June 30, 2013			June 29, 2014		June 30, 2013
Motorcycles net revenue	$	1,834,285	$	1,631,466		$	3,405,973	$	3,045,714
Gross profit	724,139		601,870			1,316,270		1,121,312
Selling, administrative and engineering expense	250,883		249,502			495,322		489,245
Restructuring benefit	—		(5,297		)	—		(2,359		)
Operating income from Motorcycles	473,256		357,665			820,948		634,426
Financial Services revenue	166,414		162,841			320,774		319,806
Financial Services expense	91,975		88,685			183,145		174,105
Operating income from Financial Services	74,439		74,156			137,629		145,701
Operating income	$	547,695	$	431,821		$	958,577	$	780,127