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Segment Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Information Segment Reporting
The Company’s reportable segments are based on the Company’s method of internal reporting, which generally segregates the operating segments by product line, inclusive of wholegoods and PG&A. The internal reporting of these operating segments is defined based, in part, on the reporting and review process used by the Company’s Chief Executive Officer. The Company has six operating segments: 1) ORV, 2) Snowmobiles, 3) Motorcycles, 4) Global Adjacent Markets, 5) Aftermarket, and 6) Boats, and five reportable segments: 1) ORV/Snowmobiles, 2) Motorcycles, 3) Global Adjacent Markets, 4) Aftermarket, and 5) Boats.
Through June 30, 2018, the Company reported under four segments for segment reporting. However, during the third quarter ended September 30, 2018, as a result of the Boat Holdings acquisition, the Company established a new reporting segment, Boats.
The ORV/Snowmobiles segment includes the aggregated results of the Company’s ORV and Snowmobiles operating segments. The Motorcycles, Global Adjacent Markets, Aftermarket, and Boats segments include the results for those respective operating segments. The Corporate amounts include costs that are not allocated to segments, such as incentive-based compensation and unallocated manufacturing costs. Additionally, given the commonality of customers, manufacturing and asset management, the Company does not maintain separate balance sheets for each segment. Accordingly, the segment information presented below is limited to sales and gross profit data (in thousands):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Sales
 
 
 
 
 
 
 
ORV/Snowmobiles
$
1,152,405

 
$
1,035,554

 
$
3,069,173

 
$
2,858,959

Motorcycles
149,900

 
155,316

 
464,615

 
458,285

Global Adjacent Markets
114,003

 
96,251

 
340,883

 
322,996

Aftermarket
236,261

 
229,973

 
685,668

 
676,859

Boats
119,078

 
134,321

 
486,313

 
134,321

Total sales
$
1,771,647

 
$
1,651,415

 
$
5,046,652

 
$
4,451,420

Gross profit
 
 
 
 
 
 
 
ORV/Snowmobiles
$
323,940

 
$
290,631

 
$
888,864

 
$
831,413

Motorcycles
11,940

 
19,577

 
45,704

 
60,817

Global Adjacent Markets
31,138

 
24,155

 
94,851

 
83,520

Aftermarket
61,794

 
66,092

 
173,483

 
182,291

Boats
22,335

 
20,253

 
98,976

 
20,253

Corporate
(14,605
)
 
(19,438
)
 
(76,440
)
 
(68,367
)
Total gross profit
$
436,542

 
$
401,270

 
$
1,225,438

 
$
1,109,927