Segment Reporting

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

The Company’s reportable segments are based on the Company’s method of internal reporting and are comprised of various product offerings that serve multiple end markets. These results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. The internal reporting of these operating segments is based, in part, on the reporting and review process used by the Company’s Chief Executive Officer. The Company has three operating segments: 1) Off Road, 2) On Road, and 3) Marine, which are all reportable segments. The Corporate amounts include costs that are not allocated to segments, including certain unallocated manufacturing costs and the impacts from certain foreign currency transactions.

Segment sales and gross profit data is summarized as follows (in millions):

	Three months ended March 31,
	2024		2023
Sales
Off Road	$	1,335.7	$	1,591.8
On Road	277.2		323.5
Marine	123.5		264.4
Total sales	$	1,736.4	$	2,179.7
Gross profit
Off Road	$	233.0	$	331.6
On Road	60.4		69.2
Marine	19.2		61.5
Corporate	17.7		6.9
Total gross profit	$	330.3	$	469.2