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Consolidated Statements Of Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales $ 1,959.5 $ 1,954.6 $ 6,027.8 $ 4,871.6
Cost of sales 1,493.9 1,420.0 4,530.3 3,711.4
Gross profit 465.6 534.6 1,497.5 1,160.2
Operating expenses:        
Selling and marketing 143.2 135.5 443.3 405.3
Research and development 86.8 77.2 255.1 222.4
General and administrative 91.6 100.6 286.2 267.0
Goodwill and other intangible asset impairments 0.0 0.0 0.0 379.2
Total operating expenses 321.6 313.3 984.6 1,273.9
Operating income (loss) 155.3 239.4 554.1 (50.5)
Non-operating expense:        
Interest expense 10.8 17.3 33.0 51.4
Other (income) expense, net 0.1 3.2 (5.6) 4.9
Income (loss) before income taxes 144.4 218.9 526.7 (106.8)
Provision for income taxes 29.6 52.0 119.2 (32.9)
Net income (loss) 114.8 166.9 407.5 (73.9)
Net income attributable to noncontrolling interest (0.2) (0.1) (0.4) (0.1)
Net income (loss) attributable to Polaris Inc. $ 114.6 $ 166.8 $ 407.1 $ (74.0)
Basic (in dollars per share) $ 1.88 $ 2.70 $ 6.63 $ (1.20)
Diluted (in dollars per share) $ 1.84 $ 2.66 $ 6.48 $ (1.20)
Weighted average shares outstanding:        
Basic (in shares) 61.0 61.9 61.4 61.8
Diluted (in shares) 62.3 62.8 62.9 61.8
Income from financial services        
Operating expenses:        
Income from financial services $ 11.3 $ 18.1 $ 41.2 $ 63.2