Business Segments

3 Months Ended

Apr. 01, 2012

15. Business Segments

The Company operates in two business segments: Motorcycles and Financial Services. The Company's reportable segments are strategic business units that offer different products and services. They are managed separately based on the fundamental differences in their operations. Selected segment information is set forth below (in thousands):


	Three months ended
	April 1, 2012		March 27, 2011
Motorcycles net revenue	$	1,273,369	$	1,063,044

Gross profit		456,510		351,866
Selling, administrative and engineering expense		236,995		203,805
Restructuring expense		11,451		22,999

Operating income from Motorcycles		208,064		125,062

Financial services income		156,322		161,886
Financial services expense		88,928		93,951

Operating income from Financial Services		67,394		67,935
Operating income	$	275,458	$	192,997

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details