Revenue Recognition (Notes)

9 Months Ended

Sep. 26, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table presents the Company's revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors:

	Three Months Ended
	September 26, 2020
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	355.2	$	336.7	$	264.3	$	956.2
Europe	56.0		51.2		25.5		132.7
Asia-Pacific	67.9		31.4		7.4		106.7
Canada	19.7		30.2		22.9		72.8
Rest-of-World	27.7		10.4		8.0		46.1
Segment Eliminations	(73.4)		(8.0)		—		(81.4)
Total	$	453.1	$	451.9	$	328.1	$	1,233.1
Major Product Lines
Outboard Engines	$	410.3	$	—	$	—	$	410.3
Controls, Rigging, and Propellers	76.9		—		—		76.9
Sterndrive Engines	39.3		—		—		39.3
Distribution Parts and Accessories	—		205.0		—		205.0
Advanced Systems Group	—		113.1		—		113.1
Engine Parts and Accessories	—		141.8		—		141.8
Aluminum Freshwater Boats	—		—		124.5		124.5
Recreational Fiberglass Boats	—		—		111.0		111.0
Saltwater Fishing Boats	—		—		82.6		82.6
Business Acceleration	—		—		11.2		11.2
Boat Eliminations/Other	—		—		(1.2)		(1.2)
Segment Eliminations	(73.4)		(8.0)		—		(81.4)
Total	$	453.1	$	451.9	$	328.1	$	1,233.1

	Nine Months Ended
	September 26, 2020
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	871.0	$	841.4	$	663.0	$	2,375.4
Europe	195.4		135.9		95.9		427.2
Asia-Pacific	183.7		80.7		16.2		280.6
Canada	47.2		63.4		78.4		189.0
Rest-of-World	73.2		26.6		16.0		115.8
Segment Eliminations	(182.3)		(19.3)		—		(201.6)
Total	$	1,188.2	$	1,128.7	$	869.5	$	3,186.4
Major Product Lines
Outboard Engines	$	1,078.4	$	—	$	—	$	1,078.4
Controls, Rigging, and Propellers	187.6		—		—		187.6
Sterndrive Engines	104.5		—		—		104.5
Distribution Parts and Accessories	—		517.0		—		517.0
Advanced Systems Group	—		303.0		—		303.0
Engine Parts and Accessories	—		328.0		—		328.0
Aluminum Freshwater Boats	—		—		339.2		339.2
Recreational Fiberglass Boats	—		—		302.4		302.4
Saltwater Fishing Boats	—		—		201.4		201.4
Business Acceleration	—		—		29.5		29.5
Boat Eliminations/Other	—		—		(3.0)		(3.0)
Segment Eliminations	(182.3)		(19.3)		—		(201.6)
Total	$	1,188.2	$	1,128.7	$	869.5	$	3,186.4

	Three Months Ended
	September 28, 2019
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	273.8	$	267.8	$	216.9	$	758.5
Europe	45.0		44.2		20.8		110.0
Asia-Pacific	35.3		26.2		9.6		71.1
Canada	18.0		26.7		24.9		69.6
Rest-of-World	24.8		8.1		5.2		38.1
Segment Eliminations	(63.8)		(6.9)		—		(70.7)
Total	$	333.1	$	366.1	$	277.4	$	976.6
Major Product Lines
Outboard Engines	$	305.3	$	—	$	—	$	305.3
Controls, Rigging, and Propellers	55.8		—		—		55.8
Sterndrive Engines	35.8		—		—		35.8
Distribution Parts and Accessories	—		156.8		—		156.8
Advanced Systems Group	—		97.8		—		97.8
Engine Parts and Accessories	—		118.4		—		118.4
Aluminum Freshwater Boats	—		—		105.2		105.2
Recreational Fiberglass Boats	—		—		97.0		97.0
Saltwater Fishing Boats	—		—		66.9		66.9
Business Acceleration	—		—		8.8		8.8
Boat Eliminations/Other	—		—		(0.5)		(0.5)
Segment Eliminations	(63.8)		(6.9)		—		(70.7)
Total	$	333.1	$	366.1	$	277.4	$	976.6

	Nine Months Ended
	September 28, 2019
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	893.5	$	783.0	$	762.0	$	2,438.5
Europe	193.2		140.9		92.1		426.2
Asia-Pacific	100.2		74.8		21.4		196.4
Canada	49.1		66.4		122.3		237.8
Rest-of-World	74.8		31.5		19.5		125.8
Segment Eliminations	(210.7)		(23.2)		—		(233.9)
Total	$	1,100.1	$	1,073.4	$	1,017.3	$	3,190.8
Major Product Lines
Outboard Engines	$	1,011.5	$	—	$	—	$	1,011.5
Controls, Rigging, and Propellers	166.8		—		—		166.8
Sterndrive Engines	132.5		—		—		132.5
Distribution Parts and Accessories	—		455.6		—		455.6
Advanced Systems Group	—		322.6		—		322.6
Engine Parts and Accessories	—		318.4		—		318.4
Aluminum Freshwater Boats	—		—		432.2		432.2
Recreational Fiberglass Boats	—		—		331.5		331.5
Saltwater Fishing Boats	—		—		239.7		239.7
Business Acceleration	—		—		15.4		15.4
Boat Eliminations/Other	—		—		(1.5)		(1.5)
Segment Eliminations	(210.7)		(23.2)		—		(233.9)
Total	$	1,100.1	$	1,073.4	$	1,017.3	$	3,190.8

Revenue from Contract with Customer [Text Block]

Revenue Recognition

Consistent with the Company's change in reportable segments described in Note 1 – Significant Accounting Policies, the Company has made a change to its revenue disaggregation presentation to align with the new segment structure. The following table presents the Company's revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors:

	Three Months Ended
	September 26, 2020
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	355.2	$	336.7	$	264.3	$	956.2
Europe	56.0		51.2		25.5		132.7
Asia-Pacific	67.9		31.4		7.4		106.7
Canada	19.7		30.2		22.9		72.8
Rest-of-World	27.7		10.4		8.0		46.1
Segment Eliminations	(73.4)		(8.0)		—		(81.4)
Total	$	453.1	$	451.9	$	328.1	$	1,233.1
Major Product Lines
Outboard Engines	$	410.3	$	—	$	—	$	410.3
Controls, Rigging, and Propellers	76.9		—		—		76.9
Sterndrive Engines	39.3		—		—		39.3
Distribution Parts and Accessories	—		205.0		—		205.0
Advanced Systems Group	—		113.1		—		113.1
Engine Parts and Accessories	—		141.8		—		141.8
Aluminum Freshwater Boats	—		—		124.5		124.5
Recreational Fiberglass Boats	—		—		111.0		111.0
Saltwater Fishing Boats	—		—		82.6		82.6
Business Acceleration	—		—		11.2		11.2
Boat Eliminations/Other	—		—		(1.2)		(1.2)
Segment Eliminations	(73.4)		(8.0)		—		(81.4)
Total	$	453.1	$	451.9	$	328.1	$	1,233.1

	Nine Months Ended
	September 26, 2020
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	871.0	$	841.4	$	663.0	$	2,375.4
Europe	195.4		135.9		95.9		427.2
Asia-Pacific	183.7		80.7		16.2		280.6
Canada	47.2		63.4		78.4		189.0
Rest-of-World	73.2		26.6		16.0		115.8
Segment Eliminations	(182.3)		(19.3)		—		(201.6)
Total	$	1,188.2	$	1,128.7	$	869.5	$	3,186.4
Major Product Lines
Outboard Engines	$	1,078.4	$	—	$	—	$	1,078.4
Controls, Rigging, and Propellers	187.6		—		—		187.6
Sterndrive Engines	104.5		—		—		104.5
Distribution Parts and Accessories	—		517.0		—		517.0
Advanced Systems Group	—		303.0		—		303.0
Engine Parts and Accessories	—		328.0		—		328.0
Aluminum Freshwater Boats	—		—		339.2		339.2
Recreational Fiberglass Boats	—		—		302.4		302.4
Saltwater Fishing Boats	—		—		201.4		201.4
Business Acceleration	—		—		29.5		29.5
Boat Eliminations/Other	—		—		(3.0)		(3.0)
Segment Eliminations	(182.3)		(19.3)		—		(201.6)
Total	$	1,188.2	$	1,128.7	$	869.5	$	3,186.4

	Three Months Ended
	September 28, 2019
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	273.8	$	267.8	$	216.9	$	758.5
Europe	45.0		44.2		20.8		110.0
Asia-Pacific	35.3		26.2		9.6		71.1
Canada	18.0		26.7		24.9		69.6
Rest-of-World	24.8		8.1		5.2		38.1
Segment Eliminations	(63.8)		(6.9)		—		(70.7)
Total	$	333.1	$	366.1	$	277.4	$	976.6
Major Product Lines
Outboard Engines	$	305.3	$	—	$	—	$	305.3
Controls, Rigging, and Propellers	55.8		—		—		55.8
Sterndrive Engines	35.8		—		—		35.8
Distribution Parts and Accessories	—		156.8		—		156.8
Advanced Systems Group	—		97.8		—		97.8
Engine Parts and Accessories	—		118.4		—		118.4
Aluminum Freshwater Boats	—		—		105.2		105.2
Recreational Fiberglass Boats	—		—		97.0		97.0
Saltwater Fishing Boats	—		—		66.9		66.9
Business Acceleration	—		—		8.8		8.8
Boat Eliminations/Other	—		—		(0.5)		(0.5)
Segment Eliminations	(63.8)		(6.9)		—		(70.7)
Total	$	333.1	$	366.1	$	277.4	$	976.6

	Nine Months Ended
	September 28, 2019
(in millions)	Propulsion		Parts & Accessories		Boat		Total
Geographic Markets
United States	$	893.5	$	783.0	$	762.0	$	2,438.5
Europe	193.2		140.9		92.1		426.2
Asia-Pacific	100.2		74.8		21.4		196.4
Canada	49.1		66.4		122.3		237.8
Rest-of-World	74.8		31.5		19.5		125.8
Segment Eliminations	(210.7)		(23.2)		—		(233.9)
Total	$	1,100.1	$	1,073.4	$	1,017.3	$	3,190.8
Major Product Lines
Outboard Engines	$	1,011.5	$	—	$	—	$	1,011.5
Controls, Rigging, and Propellers	166.8		—		—		166.8
Sterndrive Engines	132.5		—		—		132.5
Distribution Parts and Accessories	—		455.6		—		455.6
Advanced Systems Group	—		322.6		—		322.6
Engine Parts and Accessories	—		318.4		—		318.4
Aluminum Freshwater Boats	—		—		432.2		432.2
Recreational Fiberglass Boats	—		—		331.5		331.5
Saltwater Fishing Boats	—		—		239.7		239.7
Business Acceleration	—		—		15.4		15.4
Boat Eliminations/Other	—		—		(1.5)		(1.5)
Segment Eliminations	(210.7)		(23.2)		—		(233.9)
Total	$	1,100.1	$	1,073.4	$	1,017.3	$	3,190.8

As of January 1, 2020, $96.2 million of contract liabilities associated with extended warranties and customer deposits were reported in Accrued expenses and Other Long-term liabilities, of which $7.4 million and $28.2 million were recognized as revenue during the three and nine months ended September 26, 2020. As of September 26, 2020, total contract liabilities were $113.5 million. The total amount of the transaction price allocated to unsatisfied performance obligations as of September 26, 2020 was $106.5 million for contracts greater than one year, which primarily relates to extended warranties. The Company expects to recognize approximately $10.8 million of this amount in 2020, $28.6 million in 2021, and $67.1 million thereafter.