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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 137,494 $ 127,325
Trade receivables, net 176,277 174,832
Inventories, net 800,611 746,534
Prepaid expenses and other 81,193 91,636
Income taxes receivable 54,902 50,662
Total current assets 1,250,477 1,190,989
Property and equipment, net 729,063 727,596
Investment in finance affiliate 87,398 94,009
Deferred tax assets 185,887 188,471
Goodwill and other intangible assets, net 786,574 792,979
Other long-term assets 96,600 105,553
Total assets 3,135,999 3,099,597
Current liabilities:    
Current portion of debt, capital lease obligations and notes payable 2,888 3,847
Accounts payable 348,016 273,742
Accrued expenses:    
Compensation 72,915 122,214
Warranties 109,852 119,274
Sales promotions and incentives 179,587 158,562
Dealer holdback 104,905 117,574
Other 165,890 162,432
Income taxes payable 2,332 2,106
Total current liabilities 986,385 959,751
Long-term income taxes payable 26,559 26,391
Capital lease obligations 17,525 17,538
Long-term debt 1,157,328 1,120,525
Deferred tax liabilities 9,086 9,127
Other long-term liabilities 94,021 90,497
Total liabilities 2,290,904 2,223,829
Deferred compensation 9,249 8,728
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, 62,989 and 63,109 shares issued and outstanding, respectively 630 631
Additional paid-in capital 664,044 650,162
Retained earnings 241,237 300,084
Accumulated other comprehensive loss, net (70,065) (83,837)
Total shareholders’ equity 835,846 867,040
Total liabilities and shareholders’ equity $ 3,135,999 $ 3,099,597