XML 19 R7.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non Controlling Interest
Beginning balance (in shares) at Dec. 31, 2022   57.0        
Beginning balance at Dec. 31, 2022 $ 1,101.5 $ 0.6 $ 1,152.1 $ 33.8 $ (87.5) $ 2.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.3        
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 29.6   29.6      
Temporary Equity, Accretion to Redemption Value, Adjustment (3.0)   (0.5) (2.5)    
Proceeds from stock issuances under employee plans (in shares)   0.2        
Stock Issued During Period, Value, Stock Options Exercised 23.8   23.8      
Cash dividends declared [1] (73.9)     (73.9)    
Repurchase and retirement of common shares (in shares)   (0.9)        
Repurchase and retirement of common shares (101.1)   (18.1) (83.0)    
Net income 247.9     247.7   0.2
Other Comprehensive Income (Loss), Net of Tax 24.4       24.4  
Ending balance (in shares) at Jun. 30, 2023   56.6        
Ending balance at Jun. 30, 2023 1,249.2 $ 0.6 1,186.9 122.1 (63.1) 2.7
Beginning balance (in shares) at Mar. 31, 2023   56.9        
Beginning balance at Mar. 31, 2023 1,154.8 $ 0.6 1,168.9 57.3 (74.7) 2.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 14.9   14.9      
Temporary Equity, Accretion to Redemption Value, Adjustment (1.8)   (0.4) (1.4)    
Proceeds from stock issuances under employee plans (in shares)   0.1        
Stock Issued During Period, Value, Stock Options Exercised 10.6   10.6      
Cash dividends declared [2] (36.9)     (36.9)    
Repurchase and retirement of common shares (in shares)   (0.4)        
Repurchase and retirement of common shares (38.3)   (7.1) (31.2)    
Net income 134.3     134.3    
Other Comprehensive Income (Loss), Net of Tax 11.6       11.6  
Ending balance (in shares) at Jun. 30, 2023   56.6        
Ending balance at Jun. 30, 2023 1,249.2 $ 0.6 1,186.9 122.1 (63.1) 2.7
Beginning balance (in shares) at Dec. 31, 2023   56.5        
Beginning balance at Dec. 31, 2023 1,420.8 $ 0.6 1,231.8 243.5 (57.5) 2.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.2        
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 28.4   28.4      
Temporary Equity, Accretion to Redemption Value, Adjustment 1.2   (0.8) 2.0    
Stock Issued During Period, Value, Stock Options Exercised 4.6   4.6      
Cash dividends declared [1] (74.1)     (74.1)    
Repurchase and retirement of common shares (in shares)   (1.0)        
Repurchase and retirement of common shares (82.3)   (21.0) (61.3)    
Noncontrolling interest 2.0         2.0
Net income 72.8     72.5   0.3
Other Comprehensive Income (Loss), Net of Tax (30.6)       (30.6)  
Ending balance (in shares) at Jun. 30, 2024   55.7        
Ending balance at Jun. 30, 2024 1,342.8 $ 0.6 1,243.0 182.6 (88.1) 4.7
Beginning balance (in shares) at Mar. 31, 2024   56.5        
Beginning balance at Mar. 31, 2024 1,380.6 $ 0.6 1,243.8 197.3 (63.6) 2.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 15.9   15.9      
Temporary Equity, Accretion to Redemption Value, Adjustment 2.1   (0.4) 2.5    
Stock Issued During Period, Value, Stock Options Exercised 0.9   0.9      
Cash dividends declared [2] (36.8)     (36.8)    
Repurchase and retirement of common shares (in shares)   (0.8)        
Repurchase and retirement of common shares (66.3)   (17.2) (49.1)    
Noncontrolling interest 2.0         2.0
Net income 68.9     68.7   0.2
Other Comprehensive Income (Loss), Net of Tax (24.5)       (24.5)  
Ending balance (in shares) at Jun. 30, 2024   55.7        
Ending balance at Jun. 30, 2024 $ 1,342.8 $ 0.6 $ 1,243.0 $ 182.6 $ (88.1) $ 4.7
[1] Polaris Inc. declared and paid aggregate dividends of $1.32 per share for the six month period ended June 30, 2024 and aggregate dividends of $1.30 per share for the six month period ended June 30, 2023.
[2] Polaris Inc. declared and paid a dividend of $0.66 per share for the three month period ended June 30, 2024 and a dividend of $0.65 per share for the three month period ended June 30, 2023.