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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Sales $ 1,961.2 $ 2,216.6 $ 3,697.6 $ 4,396.3
Cost of sales 1,537.2 1,711.6 2,943.3 3,422.1
Gross profit 424.0 505.0 754.3 974.2
Operating expenses:        
Selling and marketing 132.6 132.6 259.0 270.2
Research and development 86.8 93.2 174.6 189.7
General and administrative 110.4 103.8 209.4 194.6
Total operating expenses 329.8 329.6 643.0 654.5
Operating income 119.7 196.0 158.7 357.1
Non-operating expense:        
Interest expense 34.6 31.4 66.5 59.7
Other income, net (0.8) (8.1) (1.4) (20.5)
Income before income taxes 85.9 172.7 93.6 317.9
Provision for income taxes 17.0 38.4 20.8 70.0
Net income 68.9 134.3 72.8 247.9
Net income attributable to noncontrolling interest (0.2) 0.0 (0.3) (0.2)
Net income attributable to Polaris Inc. $ 68.7 $ 134.3 $ 72.5 $ 247.7
Basic (in usd per share) $ 1.21 $ 2.35 $ 1.28 $ 4.32
Diluted (in usd per share) $ 1.21 $ 2.32 $ 1.27 $ 4.28
Weighted average shares outstanding:        
Basic (in shares) 56.6 57.2 56.7 57.3
Diluted (in shares) 56.9 57.8 57.0 57.9
Income from financial services        
Operating expenses:        
Income from financial services $ 25.5 $ 20.6 $ 47.4 $ 37.4