Financing Receivables (Tables)

9 Months Ended

Oct. 01, 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 October 1, 2011:

(in millions)	Marine  Engine			Boat			Fitness			Bowling & Billiards			Corporate		Total
Recourse Receivables:
Short-term	$	-		$	-		$	3.3		$	9.8		$	-	$	13.1
Long-term		-			-			1.4			5.4			-		6.8
Allowance for credit loss		-			-			(1.7	)		(8.0	)		-		(9.7	)
Total		-			-			3.0			7.2			-		10.2
Third-Party Receivables:
Short-term		9.5			4.7			34.3			0.2			-		48.7
Long-term		-			-			34.6			0.1			-		34.7
Allowance for credit loss		-			-			-			-			-		-
Total		9.5			4.7			68.9			0.3			-		83.4
Other Receivables:
Short-term		6.9			2.4			3.9			-			5.8		19.0
Long-term		4.3			0.9			0.5			-			1.9		7.6
Allowance for credit loss		(0.1	)		(2.5	)		(0.5	)		-			-		(3.1	)
Total		11.1			0.8			3.9			-			7.7		23.5
Total Financing Receivables	$	20.6		$	5.5		$	75.8		$	7.5		$	7.7	$	117.1

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

Activity related to 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 nine months ended October 1, 2011:

(in millions)	Marine Engine		Boat		Fitness			Bowling & Billiards			Corporate			Total
Recourse Receivables:
Beginning balance	$	-	$	-	$	1.4		$	8.2		$	-		$	9.6
Current period provision		-		-		1.1			0.4			-			1.5
Direct write-downs		-		-		(0.2	)		(0.4	)		-			(0.6	)
Recoveries		-		-		(0.6	)		(0.2	)		-			(0.8	)
Ending balance	$	-	$	-	$	1.7		$	8.0		$	-		$	9.7
Other Receivables:
Beginning balance	$	-	$	0.8	$	0.7		$	-		$	2.8		$	4.3
Current period provision		0.1		1.7		-			-			1.0			2.8
Direct write-downs		-		-		-			-			(1.0	)		(1.0	)
Recoveries		-		-		(0.2	)		-			(2.8	)		(3.0	)
Ending balance	$	0.1	$	2.5	$	0.5		$	-		$	-		$	3.1