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Revenue
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenue
Revenue

The following table includes revenue disaggregated by major source (in thousands):
 
 
Three months ended
 
 
March 31,
2019
 
April 1,
2018
Motorcycles and Related Products:
 
 
 
 
Motorcycles
 
$
964,575

 
$
1,121,673

Parts & Accessories
 
159,703

 
169,075

General Merchandise
 
55,401

 
56,601

Licensing
 
8,577

 
8,358

Other
 
7,381

 
8,240

Revenue from Motorcycles and Related Products
 
1,195,637

 
1,363,947

Financial Services:
 
 
 
 
Interest income
 
159,804

 
154,041

Securitization and servicing fee income
 
189

 
352

Other income
 
28,750

 
23,781

Revenue from Financial Services
 
188,743

 
178,174

Total revenue
 
$
1,384,380

 
$
1,542,121


Deferred revenue relates to payments received at contract inception in advance of the Company’s performance under the contract and generally relates to the sale of Harley Ownership Group memberships and extended service plan contracts. Deferred revenue is recognized as revenue as the Company performs under the contract. Deferred revenue, included in Accrued liabilities and Other long-term liabilities on the consolidated balance sheet, was as follows (in thousands):
 
 
March 31,
2019
 
April 1,
2018
Balance, beginning of year
 
$
29,055

 
$
23,441

Balance, end of period
 
30,228

 
27,624


Previously deferred revenue recognized as revenue in the three months ended March 31, 2019 and April 1, 2018 was $6.1 million and $4.0 million, respectively. The Company expects to recognize approximately $16.2 million of the remaining unearned revenue over the next 12 months and $14.0 million thereafter.