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Additional Balance Sheet and Cash Flow Information (Tables)
6 Months Ended
Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Marketable Securities Investments in Marketable Securities – The Company’s investments in marketable securities consisted of the following (in thousands):
June 30,
2023
December 31,
2022
June 26,
2022
Mutual funds$35,175 $33,071 $38,779 
Schedule of Inventories, Net Inventories, net consisted of the following (in thousands):
June 30,
2023
December 31,
2022
June 26,
2022
Raw materials and work in process$406,560 $331,380 $384,658 
Motorcycle finished goods391,528 549,041 277,614 
Parts and accessories and apparel171,367 187,039 152,221 
Inventory at lower of FIFO cost or net realizable value969,455 1,067,460 814,493 
Excess of FIFO over LIFO cost(123,422)(116,500)(87,907)
$846,033 $950,960 $726,586 
Schedule of Certificates of Deposit Maturity Future maturities of the Company's certificates of deposit as of June 30, 2023 were as follows (in thousands):
2023$69,367 
2024187,959 
202549,740 
202679,678 
202754,158 
Thereafter— 
Future maturities440,902 
Unamortized fees(991)
$439,911 
Schedule of Reconciliation of Net Cash Provided by Operating Activities Operating Cash Flow – The reconciliation of Net income to Net cash provided by operating activities was as follows (in thousands):
 Six months ended
June 30,
2023
June 26,
2022
Cash flows from operating activities:
Net income$475,659 $438,351 
Adjustments to reconcile Net income to Net cash provided by operating activities:
Depreciation and amortization72,225 77,389 
Amortization of deferred loan origination costs44,393 47,101 
Amortization of financing origination fees6,508 7,637 
Provision for long-term employee benefits(33,656)(9,844)
Employee benefit plan contributions and payments(2,882)(5,466)
Stock compensation expense44,413 19,765 
Net change in wholesale finance receivables related to sales(267,942)(201,326)
Provision for credit losses109,642 57,955 
Deferred income taxes(4,251)2,475 
Other, net(31,160)11,102 
Changes in current assets and liabilities:
Accounts receivable, net(79,531)(134,605)
Finance receivables accrued interest and other
3,189 4,255 
Inventories, net94,636 (33,986)
Accounts payable and accrued liabilities(16,047)(4,239)
Other current assets(4,676)(32,378)
(65,139)(194,165)
Net cash provided by operating activities$410,520 $244,186