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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 145,763 $ 155,349
Trade receivables, net 124,553 150,778
Inventories, net 710,004 710,001
Prepaid expenses and other 68,224 90,619
Income taxes receivable 28,126 46,175
Total current assets 1,076,670 1,152,922
Property and equipment, net 675,164 650,678
Investment in finance affiliate 99,910 99,073
Deferred tax assets 165,862 166,538
Goodwill and other intangible assets, net 278,483 236,117
Other long-term assets 83,684 80,331
Total assets 2,379,773 2,385,659
Current liabilities:    
Current portion of debt, capital lease obligations and notes payable 4,895 5,059
Accounts payable 293,512 299,660
Accrued expenses:    
Compensation 60,168 106,486
Warranties 67,207 56,474
Sales promotions and incentives 147,204 141,057
Dealer holdback 111,480 123,276
Other 99,802 88,030
Income taxes payable 9,985 6,741
Total current liabilities 794,253 826,783
Long-term income taxes payable 25,150 23,416
Capital lease obligations 20,010 19,660
Long-term debt 507,499 436,757
Deferred tax liabilities 13,728 13,733
Other long-term liabilities 76,076 74,188
Total liabilities 1,436,716 1,394,537
Deferred compensation 12,190 9,645
Shareholders’ equity:    
Preferred stock $0.01 par value, 20,000 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value, 160,000 shares authorized, 64,620 and 65,309 shares issued and outstanding, respectively 646 653
Additional paid-in capital 608,039 596,143
Retained earnings 381,993 447,173
Accumulated other comprehensive loss, net (59,811) (62,492)
Total shareholders’ equity 930,867 981,477
Total liabilities and shareholders’ equity $ 2,379,773 $ 2,385,659