Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2021

The following tables disaggregate the Company’s revenue by major product type and geography (in millions):


	Three months ended June 30, 2021
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	1,032.9	$	177.7	$	125.6	$	—	$	197.6	$	1,533.8
PG&A	281.4		34.0		28.5		239.5		—		583.4
Total revenue	$	1,314.3	$	211.7	$	154.1	$	239.5	$	197.6	$	2,117.2

Revenue by geography
United States	$	1,029.3	$	130.5	$	76.0	$	229.3	$	191.2	$	1,656.3
Canada	123.0		9.8		0.7		10.2		6.2		149.9
EMEA	92.7		44.1		74.8		—		0.2		211.8
APLA	69.3		27.3		2.6		—		—		99.2
Total revenue	$	1,314.3	$	211.7	$	154.1	$	239.5	$	197.6	$	2,117.2

	Three months ended June 30, 2020
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	737.3	$	118.3	$	62.4	$	—	$	132.2	$	1,050.2
PG&A	215.6		23.0		15.5		207.5		—		461.6
Total revenue	$	952.9	$	141.3	$	77.9	$	207.5	$	132.2	$	1,511.8

Revenue by geography
United States	$	795.6	$	90.2	$	39.1	$	198.8	$	129.7	$	1,253.4
Canada	52.8		4.2		0.1		8.7		2.5		68.3
EMEA	62.8		26.5		37.2		—		—		126.5
APLA	41.7		20.4		1.5		—		—		63.6
Total revenue	$	952.9	$	141.3	$	77.9	$	207.5	$	132.2	$	1,511.8


	Six months ended June 30, 2021
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	1,995.7	$	318.1	$	222.9	$	—	$	396.3	$	2,933.0
PG&A	550.8		59.2		56.0		469.3		—		1,135.3
Total revenue	$	2,546.5	$	377.3	$	278.9	$	469.3	$	396.3	$	4,068.3

Revenue by geography
United States	$	1,990.6	$	228.7	$	132.2	$	449.1	$	384.6	$	3,185.2
Canada	235.0		15.6		1.7		20.2		11.5		284.0
EMEA	202.6		87.2		140.4		—		0.2		430.4
APLA	118.3		45.8		4.6		—		—		168.7
Total revenue	$	2,546.5	$	377.3	$	278.9	$	469.3	$	396.3	$	4,068.3

	Six months ended June 30, 2020
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	1,382.0	$	228.1	$	139.8	$	—	$	286.7	$	2,036.6
PG&A	394.6		39.8		36.4		409.6		—		880.4
Total revenue	$	1,776.6	$	267.9	$	176.2	$	409.6	$	286.7	$	2,917.0

Revenue by geography
United States	$	1,478.3	$	168.0	$	87.6	$	392.8	$	281.1	$	2,407.8
Canada	104.8		8.8		1.6		16.8		5.6		137.6
EMEA	124.8		55.9		84.9		—		—		265.6
APLA	68.7		35.2		2.1		—		—		106.0
Total revenue	$	1,776.6	$	267.9	$	176.2	$	409.6	$	286.7	$	2,917.0

Deferred Revenue, by Arrangement, Disclosure

The activity in the deferred revenue reserve during the periods presented was as follows (in millions):


	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Balance at beginning of period	$	116.6	$	85.6	$	107.1	$	81.6
New contracts sold	18.0		13.6		38.6		26.8
Less: reductions for revenue recognized	(10.9)		(9.4)		(22.0)		(18.6)
Balance at end of period (1)	$	123.7	$	89.8	$	123.7	$	89.8

(1) The unamortized ESC premiums (deferred revenue) recorded in other current liabilities totaled $43.1 million and $32.4 million as of June 30, 2021 and 2020, respectively, while the amount recorded in other long-term liabilities totaled $80.6 million and $57.4 million as of June 30, 2021 and 2020, respectively.