Segment Information

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Segment Information

Segment Reporting

The Company’s reportable segments are based on the Company’s method of internal reporting, which generally segregates the operating segments by product line, inclusive of wholegoods and PG&A. The internal reporting of these operating segments is defined based, in part, on the reporting and review process used by the Company’s Chief Executive Officer. The Company has four operating segments: 1) ORV, 2) Snowmobiles, 3) Motorcycles, and 4) Global Adjacent Markets, and three reportable segments: 1) ORV/Snowmobiles, 2) Motorcycles, and 3) Global Adjacent Markets.

The ORV/Snowmobiles segment includes the aggregated results of our ORV and Snowmobiles operating segments. The Motorcycles and Global Adjacent Markets segments include the results for those respective operating segments. The Corporate amounts include costs that are not allocated to individual segments, which include incentive-based compensation and other unallocated manufacturing costs. Additionally, given the commonality of customers, manufacturing and asset management, the Company does not maintain separate balance sheets for each segment. Accordingly, the segment information presented below is limited to sales and gross profit data.

	Three months ended September 30,						Nine months ended September 30,
($ in thousands)	2016			2015			2016			2015
Sales
ORV/Snowmobiles	$	923,389		$	1,193,514		$	2,452,525		$	2,846,901
Motorcycles	183,193			188,679			602,762			535,699
Global Adjacent Markets	78,485			73,807			243,553			231,072
Total sales	$	1,185,067		$	1,456,000		$	3,298,840		$	3,613,672
Gross profit
ORV/Snowmobiles	$	231,323		$	388,542		$	670,982		$	927,803
Motorcycles	21,164			28,424			89,841			73,236
Global Adjacent Markets	21,828			21,200			66,163			61,988
Corporate	(13,545		)	(22,543		)	(34,135		)	(34,259		)
Total gross profit	$	260,770		$	415,623		$	792,851		$	1,028,768