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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 96,081 $ 161,164
Trade receivables, net 224,501 197,082
Inventories, net 1,130,264 969,511
Prepaid expenses and other 112,921 121,472
Income taxes receivable 7,037 36,474
Total current assets 1,570,804 1,485,703
Property and equipment, net 889,825 843,122
Investment in finance affiliate 97,303 92,059
Deferred tax assets 92,641 87,474
Goodwill and other intangible assets, net 1,508,722 1,517,594
Operating lease assets 108,013  
Other long-term assets 96,904 98,963
Total assets 4,364,212 4,124,915
Current liabilities:    
Current portion of debt, finance lease obligations and notes payable 66,505 66,543
Accounts payable 418,850 346,294
Accrued expenses:    
Compensation 140,205 167,857
Warranties 132,758 121,824
Sales promotions and incentives 182,089 167,621
Dealer holdback 138,726 125,003
Other 212,067 197,687
Current operating lease liabilities 35,084  
Income taxes payable 6,094 4,545
Total current liabilities 1,332,378 1,197,374
Long-term income taxes payable 28,380 28,602
Finance lease obligations 15,780 16,140
Long-term debt 1,815,783 1,879,887
Deferred tax liabilities 5,357 6,490
Long-term operating lease liabilities 75,479  
Other long-term liabilities 128,360 122,570
Total liabilities 3,401,517 3,251,063
Deferred compensation 10,607 6,837
Shareholders’ equity:    
Preferred stock $0.01 par value per share, 20,000 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value per share, 160,000 shares authorized, 61,119 and 60,890 shares issued and outstanding, respectively 611 609
Additional paid-in capital 844,578 807,986
Retained earnings 177,540 121,114
Accumulated other comprehensive loss, net (70,820) (62,973)
Total shareholders’ equity 951,909 866,736
Noncontrolling interest 179 279
Total equity 952,088 867,015
Total liabilities and equity $ 4,364,212 $ 4,124,915