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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 146,633 $ 155,349
Trade receivables, net 142,434 150,778
Inventories, net 692,272 710,001
Prepaid expenses and other 64,201 90,619
Income taxes receivable 20,013 46,175
Total current assets 1,065,553 1,152,922
Property and equipment, net 696,241 650,678
Investment in finance affiliate 93,870 99,073
Deferred tax assets 170,955 166,538
Goodwill and other intangible assets, net 273,896 236,117
Other long-term assets 95,129 80,331
Total assets 2,395,644 2,385,659
Current liabilities:    
Current portion of debt, capital lease obligations and notes payable 4,821 5,059
Accounts payable 348,376 299,660
Accrued expenses:    
Compensation 80,348 106,486
Warranties 76,873 56,474
Sales promotions and incentives 138,679 141,057
Dealer holdback 119,833 123,276
Other 103,211 88,030
Income taxes payable 9,728 6,741
Total current liabilities 881,869 826,783
Long-term income taxes payable 23,864 23,416
Capital lease obligations 19,178 19,660
Long-term debt 444,126 436,757
Deferred tax liabilities 12,887 13,733
Other long-term liabilities 78,511 74,188
Total liabilities 1,460,435 1,394,537
Deferred compensation 11,027 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, 64,091 and 65,309 shares issued and outstanding, respectively 641 653
Additional paid-in capital 626,854 596,143
Retained earnings 367,476 447,173
Accumulated other comprehensive loss, net (70,789) (62,492)
Total shareholders’ equity 924,182 981,477
Total liabilities and shareholders’ equity $ 2,395,644 $ 2,385,659