Financing Receivables (Tables)

6 Months Ended

Jul. 02, 2011

Financing Receivables [Abstract]

Financing receivables, excluding trade accounts receivable contractually due within one year

The following are the Company's financing receivables, excluding trade accounts receivable contractually due within one year, by segment as of July 2, 2011:

(in millions)	Marine Engine			Boat			Fitness			Bowling & Billiards			Corporate		Total
Recourse Receivables:
Short-term	$	-		$	-		$	3.2		$	9.5		$	-	$	12.7
Long-term		-			-			1.5			5.8			-		7.3
Allowance for credit loss		-			-			(1.8	)		(8.0	)		-		(9.8	)
Total		-			-			2.9			7.3			-		10.2
Third-Party Receivables:
Short-term		11.3			3.9			36.1			0.1			-		51.4
Long-term		-			-			39.5			0.1			-		39.6
Allowance for credit loss		-			-			-			-			-		-
Total		11.3			3.9			75.6			0.2			-		91.0
Other Receivables:
Short-term		12.4			0.9			1.6			-			4.0		18.9
Long-term		4.5			1.1			0.6			-			1.8		8.0
Allowance for credit loss		(0.1	)		(1.1	)		(0.6	)		-			-		(1.8	)
Total		16.8			0.9			1.6			-			5.8		25.1
Total Financing Receivables	$	28.1		$	4.8		$	80.1		$	7.5		$	5.8	$	126.3

The following are the Company's financing receivables, excluding trade accounts receivable contractually due within one year, by segment as of December 31, 2010:

(in millions)	Marine Engine		Boat			Fitness			Bowling & Billiards			Corporate			Total
Recourse Receivables:
Short-term	$	-	$	-		$	2.9		$	11.2		$	-		$	14.1
Long-term		-		-			1.1			6.8			-			7.9
Allowance for credit loss		-		-			(1.4	)		(8.2	)		-			(9.6	)
Total		-		-			2.6			9.8			-			12.4
Third-Party Receivables:
Short-term		8.1		2.9			38.4			0.2			-			49.6
Long-term		-		-			47.0			0.2			-			47.2
Allowance for credit loss		-		-			-			-			-			-
Total		8.1		2.9			85.4			0.4			-			96.8
Other Receivables:
Short-term		5.7		0.9			1.5			-			6.4			14.5
Long-term		5.6		0.8			0.8			-			2.3			9.5
Allowance for credit loss		-		(0.8	)		(0.7	)		-			(2.8	)		(4.3	)
Total		11.3		0.9			1.6			-			5.9			19.7
Total Financing Receivables	$	19.4	$	3.8		$	89.6		$	10.2		$	5.9		$	128.9

Allowance for credit loss on financing receivables during the period

The following table sets forth activity related to the allowance for credit loss on financing receivables during the six months ended July 2, 2011:

(in millions)	Marine Engine		Boat		Fitness			Bowling & Billiards			Corporate			Total
Recourse Receivables:
Beginning balance	$	-	$	-	$	1.4		$	8.2		$	-		$	9.6
Current period provision		-		-		0.9			0.3			-			1.2
Direct write-downs		-		-		(0.2	)		(0.4	)		-			(0.6	)
Recoveries		-		-		(0.3	)		(0.1	)		-			(0.4	)
Ending balance	$	-	$	-	$	1.8		$	8.0		$	-		$	9.8
Other Receivables:
Beginning balance	$	-	$	0.8	$	0.7		$	-		$	2.8		$	4.3
Current period provision		0.1		0.3		-			-			1.0			1.4
Direct write-downs		-		-		-			-			(1.0	)		(1.0	)
Recoveries		-		-		(0.1	)		-			(2.8	)		(2.9	)
Ending balance	$	0.1	$	1.1	$	0.6		$	-		$	-		$	1.8