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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 155,349 $ 137,600
Trade receivables, net 150,778 204,876
Inventories, net 710,001 565,685
Prepaid expenses and other 92,422 71,526
Income taxes receivable 46,175 2,691
Deferred tax assets 0 114,177
Total current assets 1,154,725 1,096,555
Land, buildings and improvements 301,874 272,802
Equipment and tooling 995,449 826,997
Property and equipment, gross 1,297,323 1,099,799
Less: accumulated depreciation (646,645) (544,371)
Property and equipment, net 650,678 555,428
Investment in finance affiliate 99,073 89,107
Deferred tax assets 166,538 41,201
Goodwill and other intangible assets, net 236,117 223,966
Other long-term assets 80,331 68,678
Total assets 2,387,462 2,074,935
Current liabilities:    
Current portion of debt, capital lease obligations, and notes payable 5,059 2,528
Accounts payable 299,660 343,470
Accrued expenses:    
Compensation 106,486 102,379
Warranties 56,474 53,104
Sales promotions and incentives 141,057 138,630
Dealer holdback 123,276 120,093
Other 88,030 79,262
Income taxes payable 6,741 11,344
Total current liabilities 826,783 850,810
Long-term income taxes payable 23,416 10,568
Capital lease obligations 19,660 23,620
Long-term debt 438,560 200,000
Deferred tax liabilities 13,733 18,191
Other long-term liabilities 74,188 96,951
Total liabilities 1,396,340 1,200,140
Deferred compensation 9,645 13,528
Shareholders’ equity:    
Preferred stock $0.01 par value, 20,000 shares authorized, no shares issued and outstanding 0 0
Common stock $0.01 par value, 160,000 shares authorized, 65,309 and 66,307 shares issued and outstanding, respectively 653 663
Additional paid-in capital 596,143 486,005
Retained earnings 447,173 401,840
Accumulated other comprehensive loss, net (62,492) (27,241)
Total shareholders’ equity 981,477 861,267
Total liabilities and shareholders’ equity $ 2,387,462 $ 2,074,935