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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 151,439 $ 161,164
Trade receivables, net 206,812 197,082
Inventories, net 1,148,637 969,511
Prepaid expenses and other 106,512 121,472
Income taxes receivable 25,550 36,474
Total current assets 1,638,950 1,485,703
Property and equipment, net 868,128 843,122
Investment in finance affiliate 99,501 92,059
Deferred tax assets 88,489 87,474
Goodwill and other intangible assets, net 1,506,414 1,517,594
Operating lease assets 112,286  
Other long-term assets 94,949 98,963
Total assets 4,408,717 4,124,915
Current liabilities:    
Current portion of debt, finance lease obligations and notes payable 66,512 66,543
Accounts payable 436,938 346,294
Accrued expenses:    
Compensation 92,107 167,857
Warranties 116,217 121,824
Sales promotions and incentives 181,881 167,621
Dealer holdback 112,705 125,003
Other 201,790 197,687
Current operating lease liabilities 34,814  
Income taxes payable 5,144 4,545
Total current liabilities 1,248,108 1,197,374
Long-term income taxes payable 29,379 28,602
Finance lease obligations 15,926 16,140
Long-term debt 2,018,844 1,879,887
Deferred tax liabilities 5,847 6,490
Long-term operating lease liabilities 79,736  
Other long-term liabilities 122,654 122,570
Total liabilities 3,520,494 3,251,063
Deferred compensation 8,724 6,837
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, 61,051 and 60,890 shares issued and outstanding, respectively 611 609
Additional paid-in capital 820,788 807,986
Retained earnings 127,513 121,114
Accumulated other comprehensive loss, net (69,710) (62,973)
Total shareholders’ equity 879,202 866,736
Noncontrolling interest 297 279
Total equity 879,499 867,015
Total liabilities and equity $ 4,408,717 $ 4,124,915