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Additional Balance Sheet and Cash Flow Information (Tables)
9 Months Ended
Sep. 25, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Marketable Securities Investments in Marketable Securities – The Company’s investments in marketable securities consisted of the following (in thousands):
September 25,
2022
December 31,
2021
September 26,
2021
Mutual funds$33,631 $49,650 $48,766 
Schedule of Inventories, Net Inventories, net consisted of the following (in thousands):
September 25,
2022
December 31,
2021
September 26,
2021
Raw materials and work in process$311,424 $347,915 $279,699 
Motorcycle finished goods304,195 345,956 178,315 
Parts and accessories and apparel160,724 103,191 86,977 
Inventory at lower of FIFO cost or net realizable value776,343 797,062 544,991 
Excess of FIFO over LIFO cost(95,581)(84,120)(69,677)
$680,762 $712,942 $475,314 
Schedule of Certificates of Deposit Maturity Future maturities of the Company's certificates of deposit as of September 25, 2022 were as follows (in thousands):
2022$27,475 
202380,106 
202480,378 
202524,006 
202679,742 
Thereafter54,158 
Future maturities345,865 
Unamortized fees(1,130)
$344,735 
Schedule of Reconciliation of Net Cash Provided by Operating Activities Operating Cash Flow – The reconciliation of Net income to Net cash provided by operating activities was as follows (in thousands):
 Nine months ended
September 25,
2022
September 26,
2021
Cash flows from operating activities:
Net income$699,537 $628,457 
Adjustments to reconcile Net income to Net cash provided by operating activities:
Depreciation and amortization114,867 122,483 
Amortization of deferred loan origination costs72,214 63,265 
Amortization of financing origination fees11,475 10,426 
Provision for long-term employee benefits(14,637)19,640 
Employee benefit plan contributions and payments(4,766)(14,677)
Stock compensation expense33,595 34,032 
Net change in wholesale finance receivables related to sales(294,698)(22,031)
Provision for credit losses94,572 4,935 
Deferred income taxes(2,980)10,626 
Other, net24,392 2,094 
Changes in current assets and liabilities:
Accounts receivable, net(150,726)(148,670)
Finance receivables accrued interest and other
3,566 11,088 
Inventories, net(6,577)31,874 
Accounts payable and accrued liabilities37,745 168,306 
Other current assets(42,875)3,703 
(124,833)297,094 
Net cash provided by operating activities$574,704 $925,551