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Consolidated Statements Of Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sales $ 2,117.2 $ 1,511.8 $ 4,068.3 $ 2,917.0
Cost of sales 1,565.8 1,179.1 3,036.4 2,291.4
Gross profit 551.4 332.7 1,031.9 625.6
Operating expenses:        
Selling and marketing 154.2 119.6 300.1 269.8
Research and development 88.8 66.8 168.3 145.2
General and administrative 107.5 87.9 194.6 166.4
Goodwill and other intangible asset impairments 0.0 379.2 0.0 379.2
Total operating expenses 350.5 653.5 663.0 960.6
Operating income (loss) 214.6 (295.4) 398.8 (289.9)
Non-operating expense:        
Interest expense 10.7 17.9 22.2 34.1
Other (income) expense, net (3.2) 0.8 (5.7) 1.7
Income (loss) before income taxes 207.1 (314.1) 382.3 (325.7)
Provision for income taxes 48.6 (78.7) 89.6 (84.9)
Net income (loss) 158.5 (235.4) 292.7 (240.8)
Net income attributable to noncontrolling interest (0.1) 0.0 (0.2) 0.0
Net income (loss) attributable to Polaris Inc. $ 158.4 $ (235.4) $ 292.5 $ (240.8)
Basic net income per share (in dollars per share) $ 2.58 $ (3.82) $ 4.75 $ (3.90)
Diluted net income per share (in dollars per share) $ 2.52 $ (3.82) $ 4.63 $ (3.90)
Weighted average shares outstanding:        
Basic (in shares) 61.3 61.6 61.6 61.7
Diluted (in shares) 62.8 61.6 63.1 61.7
Income from financial services        
Sales $ 13.7 $ 25.4 $ 29.9 $ 45.1