Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2024

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 March 31, 2024
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	976.3	$	225.5	$	123.5	$	1,325.3
PG&A	359.4		51.7		—		411.1
Total revenue	$	1,335.7	$	277.2	$	123.5	$	1,736.4
Revenue by geography
United States	$	1,091.3	$	131.8	$	119.7	$	1,342.8
Canada	86.0		12.8		2.6		101.4
EMEA	94.4		122.6		0.2		217.2
APLA	64.0		10.0		1.0		75.0
Total revenue	$	1,335.7	$	277.2	$	123.5	$	1,736.4
	Three months ended March 31, 2023
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,250.4	$	267.2	$	264.4	$	1,782.0
PG&A	341.4		56.3		—		397.7
Total revenue	$	1,591.8	$	323.5	$	264.4	$	2,179.7
Revenue by geography
United States	$	1,279.8	$	157.6	$	257.2	$	1,694.6
Canada	128.4		12.4		6.8		147.6
EMEA	117.7		134.9		—		252.6
APLA	65.9		18.6		0.4		84.9
Total revenue	$	1,591.8	$	323.5	$	264.4	$	2,179.7

Deferred Revenue, by Arrangement, Disclosure

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

	Three months ended March 31,
	2024		2023
Balance at beginning of period	$	110.3	$	111.1
New contracts sold	14.2		13.7
Revenue recognized on existing contracts	(12.2)		(13.3)
Balance at end of period	$	112.3	$	111.5

The Company expects to recognize approximately $35.9 million of the unearned amount over the 12 months following March 31, 2024, compared to $35.6 million as of March 31, 2023. These amounts were recorded in accrued expenses in the consolidated balance sheets. The amount recorded in other long-term liabilities totaled $76.4 million and $75.9 million as of March 31, 2024 and 2023, respectively.