XML 62 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 157,064 $ 161,164
Trade receivables, net 190,430 197,082
Inventories, net 1,121,111 969,511
Prepaid expenses and other 125,908 121,472
Income taxes receivable 32,447 36,474
Total current assets 1,626,960 1,485,703
Land, buildings and improvements 502,853 462,224
Equipment and tooling 1,390,541 1,245,312
Property and equipment, gross 1,893,394 1,707,536
Less: accumulated depreciation (993,585) (864,414)
Property and equipment, net 899,809 843,122
Investment in finance affiliate 110,641 92,059
Deferred tax assets 93,282 87,474
Goodwill and other intangible assets, net 1,490,235 1,517,594
Operating Lease, Right-of-Use Asset 110,153  
Other long-term assets 99,449 98,963
Total assets 4,430,529 4,124,915
Current liabilities:    
Current portion of debt, finance lease obligations, and notes payable 166,695 66,543
Accounts payable 450,228 346,294
Accrued expenses:    
Compensation 184,514 167,857
Warranties 136,184 121,824
Sales promotions and incentives 189,883 167,621
Dealer holdback 145,823 125,003
Other 213,892 197,687
Operating Lease, Liability, Current 34,904  
Income taxes payable 5,867 4,545
Total current liabilities 1,527,990 1,197,374
Long-term income taxes payable 28,092 28,602
Finance lease obligations 14,814 16,140
Long-term debt 1,512,000 1,879,887
Deferred tax liabilities 3,952 6,490
Operating Lease, Liability, Noncurrent 77,926  
Other long-term liabilities 143,955 122,570
Total liabilities 3,308,729 3,251,063
Deferred compensation 13,598 6,837
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, 61,412 and 60,890 shares issued and outstanding, respectively 614 609
Additional paid-in capital 892,849 807,986
Retained earnings 287,256 121,114
Accumulated other comprehensive loss, net (72,720) (62,973)
Total shareholders’ equity 1,107,999 866,736
Stockholders' Equity Attributable to Noncontrolling Interest 203 279
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,108,202 867,015
Total liabilities and equity $ 4,430,529 $ 4,124,915