Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2025

Revenue Recognition [Abstract]

Disaggregation of Revenue

The following tables disaggregate the Company's revenue by major product type and geography (in millions):

	Three months ended June 30, 2025
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,022.4	$	227.9	$	155.1	$	1,405.4
PG&A	386.0		61.1		0.2		447.3
Total revenue	$	1,408.4	$	289.0	$	155.3	$	1,852.7
Revenue by geography
United States	$	1,171.7	$	152.8	$	153.4	$	1,477.9
Canada	96.3		8.1		1.3		105.7
EMEA	83.2		115.5		—		198.7
APLA	57.2		12.6		0.6		70.4
Total revenue	$	1,408.4	$	289.0	$	155.3	$	1,852.7
	Three months ended June 30, 2024
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,135.1	$	238.8	$	133.9	$	1,507.8
PG&A	398.7		54.5		0.2		453.4
Total revenue	$	1,533.8	$	293.3	$	134.1	$	1,961.2
Revenue by geography
United States	$	1,285.9	$	144.4	$	130.4	$	1,560.7
Canada	99.3		14.0		3.1		116.4
EMEA	84.3		120.8		0.1		205.2
APLA	64.3		14.1		0.5		78.9
Total revenue	$	1,533.8	$	293.3	$	134.1	$	1,961.2

	Six months ended June 30, 2025
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,859.7	$	400.7	$	270.4	$	2,530.8
PG&A	747.3		110.1		0.3		857.7
Total revenue	$	2,607.0	$	510.8	$	270.7	$	3,388.5
Revenue by geography
United States	$	2,134.3	$	270.1	$	266.2	$	2,670.6
Canada	184.4		15.6		3.3		203.3
EMEA	177.0		201.6		—		378.6
APLA	111.3		23.5		1.2		136.0
Total revenue	$	2,607.0	$	510.8	$	270.7	$	3,388.5
	Six months ended June 30, 2024
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	2,111.4	$	464.3	$	257.4	$	2,833.1
PG&A	758.1		106.2		0.2		864.5
Total revenue	$	2,869.5	$	570.5	$	257.6	$	3,697.6
Revenue by geography
United States	$	2,377.2	$	276.2	$	250.1	$	2,903.5
Canada	185.3		26.8		5.7		217.8
EMEA	178.7		243.4		0.3		422.4
APLA	128.3		24.1		1.5		153.9
Total revenue	$	2,869.5	$	570.5	$	257.6	$	3,697.6

Deferred Revenue, by Arrangement, Disclosure

The activity in the deferred revenue reserve for ESCs during the periods presented was as follows (in millions):

	Three months ended June 30,				Six months ended June 30,
	2025		2024		2025		2024
Balance at beginning of period	$	110.1	$	112.3	$	111.3	$	110.3
New contracts sold	11.0		11.1		23.2		25.3
Revenue recognized on existing contracts	(9.1)		(15.8)		(22.5)		(28.0)
Balance at end of period	$	112.0	$	107.6	$	112.0	$	107.6