Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2023

Revenue Recognition [Abstract]

Disaggregation of Revenue

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

	Three months ended June 30, 2023
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,270.0	$	300.9	$	223.6	$	1,794.5
PG&A	361.4		60.7		—		422.1
Total revenue	$	1,631.4	$	361.6	$	223.6	$	2,216.6
Revenue by geography
United States	$	1,343.2	$	186.9	$	215.7	$	1,745.8
Canada	115.0		15.9		6.6		137.5
EMEA	88.5		137.0		0.6		226.1
APLA	84.7		21.8		0.7		107.2
Total revenue	$	1,631.4	$	361.6	$	223.6	$	2,216.6
	Three months ended June 30, 2022
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,181.4	$	230.4	$	273.0	$	1,684.8
PG&A	309.0		69.0		—		378.0
Total revenue	$	1,490.4	$	299.4	$	273.0	$	2,062.8
Revenue by geography
United States	$	1,183.4	$	153.3	$	264.8	$	1,601.5
Canada	125.3		13.3		8.1		146.7
EMEA	108.1		112.3		0.1		220.5
APLA	73.6		20.5		—		94.1
Total revenue	$	1,490.4	$	299.4	$	273.0	$	2,062.8

	Six months ended June 30, 2023
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	2,520.4	$	568.1	$	488.0	$	3,576.5
PG&A	702.8		117.0		—		819.8
Total revenue	$	3,223.2	$	685.1	$	488.0	$	4,396.3
Revenue by geography
United States	$	2,623.0	$	344.5	$	472.9	$	3,440.4
Canada	243.4		28.3		13.4		285.1
EMEA	206.2		271.9		0.6		478.7
APLA	150.6		40.4		1.1		192.1
Total revenue	$	3,223.2	$	685.1	$	488.0	$	4,396.3
	Six months ended June 30, 2022
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	2,181.9	$	410.9	$	484.5	$	3,077.3
PG&A	650.6		116.4		—		767.0
Total revenue	$	2,832.5	$	527.3	$	484.5	$	3,844.3
Revenue by geography
United States	$	2,216.8	$	257.5	$	471.9	$	2,946.2
Canada	261.6		19.2		12.5		293.3
EMEA	230.8		211.9		0.1		442.8
APLA	123.3		38.7		—		162.0
Total revenue	$	2,832.5	$	527.3	$	484.5	$	3,844.3

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,
	2023		2022		2023		2022
Balance at beginning of period	$	111.5	$	114.9	$	111.1	$	108.3
New contracts sold	11.6		12.3		25.3		27.8
Revenue recognized on existing contracts	(14.4)		(13.6)		(27.7)		(22.5)
Balance at end of period	$	108.7	$	113.6	$	108.7	$	113.6

The Company expects to recognize approximately $34.8 million of the unearned amount over the next 12 months, which is recorded in other current liabilities as of June 30, 2023, compared to $36.4 million as of June 30, 2022. The amount recorded in other long-term liabilities totaled $73.9 million and $77.2 million as of June 30, 2023 and 2022, respectively.