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Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non Controlling Interest
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        
Employee stock compensation 28.4   28.4      
Deferred compensation 1.2   (0.8) 2.0    
Proceeds from stock issuances under employee plans 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, Increase from Subsidiary Equity Issuance 2.0         2.0
Net (loss) 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]            
Employee stock compensation 15.9   15.9      
Deferred compensation 2.1   (0.4) 2.5    
Proceeds from stock issuances under employee plans 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, Increase from Subsidiary Equity Issuance 2.0         2.0
Net (loss) 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
Beginning balance (in shares) at Dec. 31, 2024   56.1        
Beginning balance at Dec. 31, 2024 1,294.1 $ 0.6 1,265.9 148.9 (125.5) 4.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.2        
Employee stock compensation 32.8   32.8      
Deferred compensation 1.9   0.1 1.8    
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period   0.0        
Proceeds from stock issuances under employee plans 2.3   2.3      
Cash dividends declared [1] (75.1)     (75.1)    
Repurchase and retirement of common shares (in shares)   (0.1)        
Repurchase and retirement of common shares (2.4)   (1.2) (1.2)    
Cash dividend to noncontrolling interest (0.2)         (0.2)
Net (loss) income (145.8)     (146.1)   0.3
Other Comprehensive Income (Loss), Net of Tax 81.8       81.8  
Ending balance (in shares) at Jun. 30, 2025   56.2        
Ending balance at Jun. 30, 2025 1,189.4 $ 0.6 1,299.9 (71.7) (43.7) 4.3
Beginning balance (in shares) at Mar. 31, 2025   56.2        
Beginning balance at Mar. 31, 2025 1,230.6 $ 0.6 1,278.8 45.2 (98.2) 4.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee stock compensation (in shares)   0.0        
Employee stock compensation 20.2   20.2      
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period   0.0        
Proceeds from stock issuances under employee plans 0.9   0.9      
Cash dividends declared [2] (37.6)     (37.6)    
Cash dividend to noncontrolling interest (0.1)         (0.1)
Net (loss) income (79.1)     (79.3)   0.2
Other Comprehensive Income (Loss), Net of Tax 54.5       54.5  
Ending balance (in shares) at Jun. 30, 2025   56.2        
Ending balance at Jun. 30, 2025 $ 1,189.4 $ 0.6 $ 1,299.9 $ (71.7) $ (43.7) $ 4.3
[1] Polaris Inc. declared and paid aggregate dividends of $1.34 per share for the six-month period ended June 30, 2025 and aggregate dividends of $1.32 per share for the six-month period ended June 30, 2024.
[2] Polaris Inc. declared and paid a dividend of $0.67 per share for the three-month period ended June 30, 2025 and a dividend of $0.66 per share for the three-month period ended June 30, 2024.