XML 34 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
Business Segments
3 Months Ended
Mar. 27, 2016
Segment Reporting [Abstract]  
Business Segments
Business Segments
Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Company’s reportable segments are strategic business units that offer different products and services and are managed separately based on the fundamental differences in their operations. Selected segment information is set forth below (in thousands):
 
Three months ended
 
March 27,
2016
 
March 29,
2015
Motorcycles net revenue
$
1,576,610

 
$
1,510,570

Gross profit
590,280

 
590,275

Selling, administrative and engineering expense
257,823

 
244,821

Operating income from Motorcycles
332,457

 
345,454

Financial Services revenue
173,358

 
162,375

Financial Services expense
116,987

 
97,711

Operating income from Financial Services
56,371

 
64,664

Operating income
$
388,828

 
$
410,118