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Business Segments
9 Months Ended
Sep. 29, 2019
Segment Reporting [Abstract]  
Business Segments Business Segments
The Company's Motorcycles and Financial Services 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
 
Nine months ended
 
September 29,
2019
 
September 30,
2018
 
September 29,
2019
 
September 30,
2018
Motorcycles and Related Products:
 
 
 
 
 
 
 
Motorcycles revenue
$
1,068,942

 
$
1,123,945

 
$
3,698,583

 
$
4,013,013

Gross profit
320,064

 
347,415

 
1,122,241

 
1,353,273

Selling, administrative and engineering expense
265,464

 
266,921

 
754,479

 
797,323

Restructuring expense
7,629

 
14,832

 
31,682

 
74,044

Operating income
46,971

 
65,662

 
336,080

 
481,906

Financial Services:
 
 
 
 
 
 
 
Financial Services revenue
203,577

 
191,724

 
590,935

 
558,000

Financial Services expense
130,704

 
107,970

 
383,802

 
330,126

Operating income
72,873

 
83,754

 
207,133

 
227,874

Operating income
$
119,844

 
$
149,416

 
$
543,213

 
$
709,780