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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 183,411 $ 138,345
Trade receivables, net 217,694 200,144
Inventories, net 1,019,517 783,961
Prepaid expenses and other 105,066 101,453
Income taxes receivable 5,865 29,601
Total current assets 1,531,553 1,253,504
Property and equipment, net 807,511 747,189
Investment in finance affiliate 88,790 88,764
Deferred tax assets 116,447 115,511
Goodwill and other intangible assets, net 1,515,431 780,586
Other long-term assets 88,299 104,039
Total assets 4,148,031 3,089,593
Current liabilities:    
Current portion of debt, capital lease obligations and notes payable 66,595 47,746
Accounts payable 436,401 317,377
Accrued expenses:    
Compensation 160,033 168,014
Warranties 122,544 123,840
Sales promotions and incentives 187,307 162,298
Dealer holdback 124,259 114,196
Other 179,738 186,103
Income taxes payable 8,963 10,737
Total current liabilities 1,285,840 1,130,311
Long-term income taxes payable 26,805 20,114
Capital lease obligations 16,712 18,351
Long-term debt 1,781,020 846,915
Deferred tax liabilities 7,054 10,128
Other long-term liabilities 122,728 120,398
Total liabilities 3,240,159 2,146,217
Deferred compensation 9,620 11,717
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, 61,773 and 63,075 shares issued and outstanding, respectively 618 631
Additional paid-in capital 799,607 733,894
Retained earnings 152,561 242,763
Accumulated other comprehensive loss, net (54,534) (45,629)
Total shareholders’ equity 898,252 931,659
Total liabilities and shareholders’ equity $ 4,148,031 $ 3,089,593