XML 22 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 127,325 $ 155,349
Trade receivables, net 174,832 150,778
Inventories, net 746,534 710,001
Prepaid expenses and other 91,636 90,619
Income taxes receivable 50,662 46,175
Total current assets 1,190,989 1,152,922
Land, buildings and improvements 386,366 301,874
Equipment and tooling 1,080,239 995,449
Property and equipment, gross 1,466,605 1,297,323
Less: accumulated depreciation (739,009) (646,645)
Property and equipment, net 727,596 650,678
Investment in finance affiliate 94,009 99,073
Deferred tax assets 188,471 166,538
Goodwill and other intangible assets, net 792,979 236,117
Other long-term assets 105,553 80,331
Total assets 3,099,597 2,385,659
Current liabilities:    
Current portion of debt, capital lease obligations, and notes payable 3,847 5,059
Accounts payable 273,742 299,660
Accrued expenses:    
Compensation 122,214 106,486
Warranties 119,274 56,474
Sales promotions and incentives 158,562 141,057
Dealer holdback 117,574 123,276
Other 162,432 88,030
Income taxes payable 2,106 6,741
Total current liabilities 959,751 826,783
Long-term income taxes payable 26,391 23,416
Capital lease obligations 17,538 19,660
Long-term debt 1,120,525 436,757
Deferred tax liabilities 9,127 13,733
Other long-term liabilities 90,497 74,188
Total liabilities 2,223,829 1,394,537
Deferred compensation 8,728 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, 63,109 and 65,309 shares issued and outstanding, respectively 631 653
Additional paid-in capital 650,162 596,143
Retained earnings 300,084 447,173
Accumulated other comprehensive loss, net (83,837) (62,492)
Total shareholders’ equity 867,040 981,477
Total liabilities and shareholders’ equity $ 3,099,597 $ 2,385,659