Reportable Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2020

Selected segment information is set forth below for the years ended December 31, (in thousands):


	2020		2019		2018
Motorcycles and Related Products:
Motorcycles revenue	$	3,264,054	$	4,572,678	$	4,968,646
Gross profit	828,309		1,342,880		1,616,850
Selling, administrative and engineering expense	895,321		1,020,907		1,101,086
Restructuring expense	119,110		32,353		93,401
Operating (loss) income	(186,122)		289,620		422,363
Financial Services:
Financial Services revenue	790,323		789,111		748,229
Financial Services expense	583,623		523,123		457,069
Restructuring expense	10,899		—		—
Operating income	195,801		265,988		291,160
Operating income	$	9,679	$	555,608	$	713,523

Additional segment information is set forth below as of December 31, (in thousands):


	Motorcycles		Financial Services		Consolidated
2020:
Assets	$	2,492,515	$	9,518,086	$	12,010,601
Depreciation and amortization	$	177,113	$	8,602	$	185,715
Capital expenditures	$	128,798	$	2,252	$	131,050
2019:
Assets	$	2,548,115	$	7,980,044	$	10,528,159
Depreciation and amortization	$	223,656	$	8,881	$	232,537
Capital expenditures	$	176,264	$	5,176	$	181,440
2018:
Assets	$	2,562,931	$	8,102,733	$	10,665,664
Depreciation and amortization	$	260,707	$	4,156	$	264,863
Capital expenditures	$	197,905	$	15,611	$	213,516

Segment Information By Geographical Locations

Included in the Consolidated financial statements are the following amounts relating to geographic locations for the years ended December 31, (in thousands):


	2020		2019		2018
Motorcycles revenue(a):
United States	$	2,043,851	$	2,971,223	$	3,159,049
EMEA	589,943		743,385		893,589
Canada	99,219		210,381		230,211
Japan	137,815		156,644		161,370
Australia and New Zealand	107,891		117,525		147,561
Other countries	285,335		373,520		376,866
	$	3,264,054	$	4,572,678	$	4,968,646
Financial Services revenue(a):
United States	$	757,730	$	754,535	$	712,898
Canada	20,353		22,799		23,120
Europe	8,300		8,435		8,411
Other countries	3,940		3,342		3,800
	$	790,323	$	789,111	$	748,229
Long-lived assets(b):
United States	$	644,224	$	757,594	$	838,446
International:
Thailand	94,749		78,651		50,331
Other countries	4,811		11,137		15,355
	99,560		89,788		65,686
	$	743,784	$	847,382	$	904,132

(a)Revenue is attributed to geographic regions based on location of customer.

(b)Long-lived assets include all long-term assets except those specifically excluded under ASC Topic 280, Segment Reporting, such as deferred income taxes and finance receivables.