Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

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


	Three months ended September 30, 2021
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	924.8	$	162.7	$	120.0	$	—	$	183.6	$	1,391.1
PG&A	283.5		31.7		26.5		226.7		—		568.4
Total revenue	$	1,208.3	$	194.4	$	146.5	$	226.7	$	183.6	$	1,959.5

Revenue by geography
United States	$	958.8	$	132.9	$	84.4	$	215.9	$	177.6	$	1,569.6
Canada	116.9		9.8		0.3		10.8		6.0		143.8
EMEA	80.0		29.2		59.7		—		—		168.9
APLA	52.6		22.5		2.1		—		—		77.2
Total revenue	$	1,208.3	$	194.4	$	146.5	$	226.7	$	183.6	$	1,959.5

	Three months ended September 30, 2020
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	1,022.0	$	137.7	$	86.1	$	—	$	155.1	$	1,400.9
PG&A	266.8		29.2		20.5		237.2		—		553.7
Total revenue	$	1,288.8	$	166.9	$	106.6	$	237.2	$	155.1	$	1,954.6

Revenue by geography
United States	$	1,090.5	$	120.2	$	52.9	$	224.9	$	152.9	$	1,641.4
Canada	89.6		6.1		0.2		12.3		2.2		110.4
EMEA	71.2		21.6		52.9		—		—		145.7
APLA	37.5		19.0		0.6		—		—		57.1
Total revenue	$	1,288.8	$	166.9	$	106.6	$	237.2	$	155.1	$	1,954.6


	Nine months ended September 30, 2021
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	2,920.5	$	480.8	$	342.9	$	—	$	579.9	$	4,324.1
PG&A	834.3		90.9		82.5		696.0		—		1,703.7
Total revenue	$	3,754.8	$	571.7	$	425.4	$	696.0	$	579.9	$	6,027.8

Revenue by geography
United States	$	2,949.4	$	361.6	$	216.6	$	665.0	$	562.2	$	4,754.8
Canada	351.9		25.4		2.0		31.0		17.5		427.8
EMEA	282.6		116.4		200.1		—		0.2		599.3
APLA	170.9		68.3		6.7		—		—		245.9
Total revenue	$	3,754.8	$	571.7	$	425.4	$	696.0	$	579.9	$	6,027.8

	Nine months ended September 30, 2020
	ORV / Snowmobiles		Motorcycles		Global Adj. Markets		Aftermarket		Boats		Total
Revenue by product type
Wholegoods	$	2,404.0	$	365.8	$	225.9	$	—	$	441.8	$	3,437.5
PG&A	661.4		69.0		56.9		646.8		—		1,434.1
Total revenue	$	3,065.4	$	434.8	$	282.8	$	646.8	$	441.8	$	4,871.6

Revenue by geography
United States	$	2,568.8	$	288.2	$	140.5	$	617.7	$	434.0	$	4,049.2
Canada	194.4		14.9		1.8		29.1		7.8		248.0
EMEA	196.0		77.5		137.8		—		—		411.3
APLA	106.2		54.2		2.7		—		—		163.1
Total revenue	$	3,065.4	$	434.8	$	282.8	$	646.8	$	441.8	$	4,871.6

Deferred Revenue, by Arrangement, Disclosure

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


	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Balance at beginning of period	$	123.7	$	89.8	$	107.1	$	81.6
New contracts sold	13.5		15.8		52.1		42.6
Less: reductions for revenue recognized	(11.7)		(7.3)		(33.7)		(25.9)
Balance at end of period (1)	$	125.5	$	98.3	$	125.5	$	98.3

(1) The unamortized ESC premiums (deferred revenue) recorded in other current liabilities totaled $43.7 million and $35.1 million as of September 30, 2021 and 2020, respectively, while the amount recorded in other long-term liabilities totaled $81.8 million and $63.2 million as of September 30, 2021 and 2020, respectively.