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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales $ 8,589.0 $ 7,439.2 $ 6,281.4
Cost of sales 6,629.5 5,688.3 4,745.7
Gross profit 1,959.5 1,750.9 1,535.7
Operating expenses:      
Selling and marketing 480.8 458.2 429.8
Research and development 366.7 328.7 288.1
General and administrative 355.9 305.8 296.1
Goodwill, Impairment Loss 0.0 0.0 81.1
Total operating expenses 1,203.4 1,092.7 1,095.1
Operating income 804.5 712.0 521.0
Non-operating expense:      
Interest expense 71.7 44.2 66.8
Other (income) expense, net (28.6) 2.3 3.8
Loss on sale of businesses 0.0 36.8 0.0
Income from continuing operations before income taxes 761.4 628.7 450.4
Provision for income taxes 158.0 132.1 89.9
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 603.4 496.6 360.5
Loss from discontinued operations, net of tax (13.2) (2.3) (235.6)
Loss from sale of discontinued operations, net of tax (142.6) 0.0 0.0
Net income from continuing operations 447.6 494.3 124.9
Net income attributable to noncontrolling interest (0.5) (0.4) (0.1)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 602.9 496.2 360.4
Net income from continuing operations $ 447.1 $ 493.9 $ 124.8
Income (Loss) from Continuing Operations, Per Basic Share $ 10.17 $ 8.10 $ 5.83
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (2.63) (0.04) (3.81)
Net income (loss) per share attributable to Polaris Inc. common shareholders:      
Basic (in dollars per share) 7.54 8.06 2.02
Income (Loss) from Continuing Operations, Per Diluted Share 10.04 7.92 5.75
Diluted (in dollars per share) $ 7.44 $ 7.88 $ 1.99
Weighted average shares outstanding:      
Basic (in shares) 59.3 61.3 61.9
Diluted (in shares) 60.1 62.7 62.6
Net loss from discontinued operations $ (155.8) $ (2.3) $ (235.6)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ (2.60) $ (0.04) $ (3.76)
Financial Service      
Operating expenses:      
Income from financial services $ 48.4 $ 53.8 $ 80.4