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Revenue Recognition (Notes)
9 Months Ended
Sep. 27, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block] Revenue Recognition
The following tables present the Company's revenue in categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors:
Three Months Ended
September 27, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Geographic Markets
United States$342.6 $257.7 $108.6 $292.4 $1,001.3 
Europe70.1 35.7 48.3 23.2 177.3 
Asia-Pacific43.6 27.4 20.1 6.7 97.8 
Canada22.7 30.8 4.1 33.5 91.1 
Rest-of-World56.4 12.1 5.8 4.4 78.7 
Segment Eliminations(63.4)(1.8)(20.6)(0.2)(86.0)
Total$472.0 $361.9 $166.3 $360.0 $1,360.2 
Three Months Ended
September 28, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Geographic Markets
United States$308.1 $235.9 $106.3 $290.2 $940.5 
Europe70.9 31.2 48.6 19.3 170.0 
Asia-Pacific38.3 27.6 18.9 4.3 89.1 
Canada20.0 28.6 3.0 25.2 76.8 
Rest-of-World48.6 12.8 7.3 6.3 75.0 
Segment Eliminations(58.8)(1.4)(17.9)— (78.1)
Total$427.1 $334.7 $166.2 $345.3 $1,273.3 
Nine Months Ended
September 27, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Geographic Markets
United States$1,017.2 $685.1 $347.5 $918.7 $2,968.5 
Europe253.3 94.0 166.0 85.4 598.7 
Asia-Pacific131.9 75.2 53.5 14.5 275.1 
Canada57.6 65.5 13.1 104.3 240.5 
Rest-of-World160.6 37.0 17.3 15.0 229.9 
Segment Eliminations(209.9)(6.1)(66.9)(0.8)(283.7)
Total$1,410.7 $950.7 $530.5 $1,137.1 $4,029.0 
Nine Months Ended
September 28, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Geographic Markets
United States$1,037.4 $660.9 $355.3 $961.4 $3,015.0 
Europe255.0 90.7 169.7 93.8 609.2 
Asia-Pacific125.6 75.8 51.9 15.0 268.3 
Canada50.2 65.8 10.8 106.3 233.1 
Rest-of-World153.9 41.4 17.4 28.7 241.4 
Segment Eliminations(212.7)(5.1)(67.0)— (284.8)
Total$1,409.4 $929.5 $538.1 $1,205.2 $4,082.2 
Three Months Ended
September 27, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Major Product Lines
Outboard Engines$413.5 $ $ $ $413.5 
Controls, Rigging, and Propellers90.4    90.4 
Sterndrive Engines31.5    31.5 
Distribution 204.4   204.4 
Products 159.3   159.3 
Electronic Solutions  91.4  91.4 
Power Solutions  64.1  64.1 
Performance Solutions  31.4  31.4 
Aluminum Freshwater Boats   136.8 136.8 
Recreational Fiberglass Boats   103.8 103.8 
Saltwater Fishing Boats   74.0 74.0 
Business Acceleration   54.8 54.8 
Boat Eliminations/Other   (9.2)(9.2)
Segment Eliminations(63.4)(1.8)(20.6)(0.2)(86.0)
Total$472.0 $361.9 $166.3 $360.0 $1,360.2 
Three Months Ended
September 28, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Major Product Lines
Outboard Engines$373.5 $— $— $— $373.5 
Controls, Rigging, and Propellers83.7 — — — 83.7 
Sterndrive Engines28.7 — — — 28.7 
Distribution— 182.3 — — 182.3 
Products— 153.8 — — 153.8 
Electronic Solutions— — 83.4 — 83.4 
Power Solutions— — 72.9 — 72.9 
Performance Solutions— — 27.8 — 27.8 
Aluminum Freshwater Boats— — — 119.7 119.7 
Recreational Fiberglass Boats— — — 88.3 88.3 
Saltwater Fishing Boats— — — 90.3 90.3 
Business Acceleration— — — 50.0 50.0 
Boat Eliminations/Other— — — (3.0)(3.0)
Segment Eliminations(58.8)(1.4)(17.9)— (78.1)
Total$427.1 $334.7 $166.2 $345.3 $1,273.3 
Nine Months Ended
September 27, 2025
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Major Product Lines
Outboard Engines$1,258.0   $ $1,258.0 
Controls, Rigging, and Propellers264.5    264.5 
Sterndrive Engines98.1    98.1 
Distribution 562.5   562.5 
Products 394.3   394.3 
Electronic Solutions  290.6  290.6 
Power Solutions  209.9  209.9 
Performance Solutions  96.9  96.9 
Aluminum Freshwater Boats   428.5 428.5 
Recreational Fiberglass Boats   344.7 344.7 
Saltwater Fishing Boats   247.5 247.5 
Business Acceleration   160.8 160.8 
Boat Eliminations/Other   (43.6)(43.6)
Segment Eliminations(209.9)(6.1)(66.9)(0.8)(283.7)
Total$1,410.7 $950.7 $530.5 $1,137.1 $4,029.0 
Nine Months Ended
September 28, 2024
(in millions)PropulsionEngine P&ANavico GroupBoatTotal
Major Product Lines
Outboard Engines$1,247.1 $— $— $— $1,247.1 
Controls, Rigging, and Propellers274.7 — — — 274.7 
Sterndrive Engines100.3 — — — 100.3 
Distribution— 530.5 — — 530.5 
Products— 404.1 — — 404.1 
Electronic Solutions— — 266.7 — 266.7 
Power Solutions— — 232.6 — 232.6 
Performance Solutions— — 105.8 — 105.8 
Aluminum Freshwater Boats— — — 418.1 418.1 
Recreational Fiberglass Boats— — — 356.0 356.0 
Saltwater Fishing Boats— — — 307.5 307.5 
Business Acceleration— — — 153.8 153.8 
Boat Eliminations/Other— — — (30.2)(30.2)
Segment Eliminations(212.7)(5.1)(67.0)— (284.8)
Total$1,409.4 $929.5 $538.1 $1,205.2 $4,082.2 

During the third quarter of 2025, the Company changed the presentation of major product lines for the Navico Group segment to disaggregate the previous Navico Group product line into Electronic Solutions, Power Solutions, and Performance Solutions to conform to Navico Group's new organizational structure. Prior period amounts have been reclassified to conform to the current period presentation.

As of December 31, 2024, $191.2 million of contract liabilities associated with extended warranties, deferred revenue and customer deposits were reported in Accrued expenses and Other long-term liabilities, of which $51.7 million were recognized as revenue during the nine months ended September 27, 2025. As of September 27, 2025, total contract liabilities were $199.4 million. The total amount of the transaction price allocated to unsatisfied performance obligations as of September 27, 2025 was $197.5 million for contracts greater than one year, which primarily relates to extended warranties. The Company expects to recognize $20.4 million of this amount in 2025, $60.8 million in 2026, and $116.3 million thereafter.