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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 132,260 $ 127,325
Trade receivables, net 184,074 174,832
Inventories, net 841,922 746,534
Prepaid expenses and other 80,859 91,636
Income taxes receivable 9,535 50,662
Total current assets 1,248,650 1,190,989
Property and equipment, net 735,441 727,596
Investment in finance affiliate 70,910 94,009
Deferred tax assets 191,287 188,471
Goodwill and other intangible assets, net 784,616 792,979
Other long-term assets 102,162 105,553
Total assets 3,133,066 3,099,597
Current liabilities:    
Current portion of debt, capital lease obligations and notes payable 27,835 3,847
Accounts payable 385,858 273,742
Accrued expenses:    
Compensation 148,280 122,214
Warranties 112,085 119,274
Sales promotions and incentives 192,568 158,562
Dealer holdback 117,934 117,574
Other 183,030 162,432
Income taxes payable 27,448 2,106
Total current liabilities 1,195,038 959,751
Long-term income taxes payable 22,036 26,391
Capital lease obligations 18,451 17,538
Long-term debt 873,698 1,120,525
Deferred tax liabilities 9,366 9,127
Other long-term liabilities 107,182 90,497
Total liabilities 2,225,771 2,223,829
Deferred compensation 11,331 8,728
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, 62,540 and 63,109 shares issued and outstanding, respectively 625 631
Additional paid-in capital 688,798 650,162
Retained earnings 250,544 300,084
Accumulated other comprehensive loss, net (44,003) (83,837)
Total shareholders’ equity 895,964 867,040
Total liabilities and shareholders’ equity $ 3,133,066 $ 3,099,597