XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2022
Jun. 27, 2021
Jun. 26, 2022
Jun. 27, 2021
Revenue:        
Motorcycles and Related Products $ 1,266,471 $ 1,331,500 $ 2,569,642 $ 2,563,607
Financial Services 202,616 200,558 394,631 390,958
Total revenue 1,469,087 1,532,058 2,964,273 2,954,565
Costs and expenses:        
Motorcycles and Related Products cost of goods sold 879,721 924,449 1,775,257 1,736,071
Financial Services interest expense 47,649 48,621 89,748 104,328
Financial Services provision for credit losses 29,133 16,201 57,955 (6,273)
Selling, administrative and engineering expense 235,233 261,509 474,858 493,353
Restructuring (benefit) expense (264) 918 (392) 552
Total costs and expenses 1,191,472 1,251,698 2,397,426 2,328,031
Operating income 277,615 280,360 566,847 626,534
Other income, net 10,055 690 21,085 967
Investment (loss) income (3,530) 2,731 (5,509) 4,133
Interest expense 7,720 7,722 15,431 15,430
Income before provision for income taxes 276,420 276,059 566,992 616,204
Provision for income taxes 60,571 69,719 128,641 150,720
Net income $ 215,849 $ 206,340 $ 438,351 $ 465,484
Earnings per share:        
Basic (in dollars per share) $ 1.47 $ 1.34 $ 2.92 $ 3.03
Diluted (in dollars per share) 1.46 1.33 2.91 3.01
Cash dividends per share (in dollars per share) $ 0.1575 $ 0.1500 $ 0.3150 $ 0.3000