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Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Sales $ 1,722.4 $ 2,248.9 $ 5,420.0 $ 6,645.2
Cost of sales 1,367.8 1,740.1 4,311.1 5,162.2
Gross profit 354.6 508.8 1,108.9 1,483.0
Operating expenses:        
Selling and marketing 127.6 145.1 386.6 415.3
Research and development 84.1 91.8 258.7 281.5
General and administrative 100.9 91.3 310.3 285.9
Total operating expenses 312.6 328.2 955.6 982.7
Operating income 66.1 201.1 224.8 558.2
Non-operating expense:        
Interest expense 36.2 32.5 102.7 92.2
Other income, net (5.1) (13.1) (6.5) (33.6)
Income before income taxes 35.0 181.7 128.6 499.6
Provision for income taxes 7.4 30.2 28.2 100.2
Net income 27.6 151.5 100.4 399.4
Net loss (income) attributable to noncontrolling interest 0.1 0.2 (0.2) 0.0
Net income attributable to Polaris Inc. $ 27.7 $ 151.7 $ 100.2 $ 399.4
Basic (in usd per share) $ 0.49 $ 2.66 $ 1.77 $ 6.98
Diluted (in usd per share) $ 0.49 $ 2.62 $ 1.76 $ 6.90
Weighted average shares outstanding:        
Basic (in shares) 56.2 57.0 56.6 57.2
Diluted (in shares) 56.5 57.8 56.9 57.9
Income from financial services        
Operating expenses:        
Income from financial services $ 24.1 $ 20.5 $ 71.5 $ 57.9