XML 47 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2015
Jun. 29, 2014
Jun. 28, 2015
Jun. 29, 2014
Revenue:        
Motorcycles and Related Products $ 1,650,783 $ 1,834,285 $ 3,161,353 $ 3,405,973
Financial Services 173,609 166,414 335,984 320,774
Total revenue 1,824,392 2,000,699 3,497,337 3,726,747
Costs and expenses:        
Motorcycles and Related Products cost of goods sold 1,003,569 1,110,146 1,923,864 2,089,703
Financial Services interest expense 41,188 40,741 79,724 79,598
Financial Services provision for credit losses 15,175 15,961 41,422 36,292
Selling, administrative and engineering expense 301,944 286,156 579,693 562,577
Total costs and expenses 1,361,876 1,453,004 2,624,703 2,768,170
Operating income 462,516 547,695 872,634 958,577
Investment income 1,450 1,772 2,772 3,431
Interest expense 9 393 18 4,070
Income before provision for income taxes 463,957 549,074 875,388 957,938
Provision for income taxes 164,147 194,921 305,724 337,868
Net income $ 299,810 $ 354,153 $ 569,664 $ 620,070
Earnings per common share:        
Basic (in dollars per share) $ 1.44 $ 1.63 $ 2.72 $ 2.84
Diluted (in dollars per share) 1.44 1.62 2.71 2.82
Cash dividends per common share (in dollars per share) $ 0.310 $ 0.275 $ 0.620 $ 0.550