Financing (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Debt and capital lease obligations and the average related interest rates were as follows (in thousands):

	Average interest rate at December 31, 2015	Maturity	December 31, 2015		December 31, 2014
Revolving loan facility	1.07%	March 2020	$	225,707	—
Senior notes—fixed rate	3.81%	May 2018	25,000		$	25,000
Senior notes—fixed rate	4.60%	May 2021	75,000		75,000
Senior notes—fixed rate	3.13%	December 2020	100,000		100,000
Capital lease obligations	5.00%	Various through 2029	21,874		26,148
Notes payable and other	3.50%	June 2027	15,698		—
Total debt, capital lease obligations, and notes payable			$	463,279	$	226,148
Less: current maturities			5,059		2,528
Total long-term debt, capital lease obligations, and notes payable			$	458,220	$	223,620

Summary of Activity Under Credit Arrangements, Excluding Acquired Borrowings

The following summarizes activity under Polaris’ credit arrangements (dollars in thousands):

	2015			2014			2013
Total borrowings at December 31	$	425,707		$	200,000		$	280,500
Average outstanding borrowings during year	$	403,097		$	361,715		$	138,400
Maximum outstanding borrowings during year	$	523,097		$	500,000		$	411,000
Interest rate at December 31	2.33		%	3.77		%	2.98		%