Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangibles (Tables)

v3.19.1
Goodwill and Intangibles (Tables)
 3 Months Ended
Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
Changes in the Company's goodwill during the three months ended March 30, 2019, by segment, are summarized below:
(in millions)
December 31,
2018
 
Impairments
 
Adjustments
 
March 30,
2019
Marine Engine
$
375.1

 
$
—

 
$
4.5

 
$
379.6

Boat
2.2

 
—

 
—

 
2.2

Fitness
389.8

 
(137.2
)
 
(0.3
)
 
252.3

    Total
$
767.1

 
$
(137.2
)
 
$
4.2

 
$
634.1

  
Changes in the Company's goodwill during the three months ended March 31, 2018, by segment, are summarized below:
(in millions)
December 31,
2017
 
Impairments
 
Adjustments
 
March 31,
2018
Marine Engine
$
31.7

 
$
—

 
$
1.2

 
$
32.9

Boat
2.2

 
—

 
—

 
2.2

Fitness
391.4

 
—

 
1.8

 
393.2

    Total
$
425.3

 
$
—

 
$
3.0

 
$
428.3

Schedule of Other Intangible Assets [Table Text Block]
The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 30, 2019, December 31, 2018 and March 31, 2018, are summarized by intangible asset type below:
 
March 30, 2019
 
December 31, 2018
 
March 31, 2018
(in millions)
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
  Customer relationships
$
734.3

 
$
(265.2
)
 
$
734.4

 
$
(256.5
)
 
$
306.5

 
$
(240.1
)
  Trade names
164.5

 
(0.6
)
 
164.4

 
—

 
76.1

 
—

  Other
22.4

 
(18.7
)
 
22.3

 
(18.2
)
 
22.6

 
(17.1
)
    Total
$
921.2

 
$
(284.5
)
 
$
921.1

 
$
(274.7
)
 
$
405.2

 
$
(257.2
)


The Company's intangible assets, included within Other intangibles, net on the Condensed Consolidated Balance Sheets as of March 30, 2019, December 31, 2018 and March 31, 2018, are summarized by segment below:
 
March 30, 2019
 
December 31, 2018
 
March 31, 2018
(in millions)
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
  Marine Engine
$
618.6

 
$
(59.7
)
 
$
618.3

 
$
(52.0
)
 
$
79.1

 
$
(39.2
)
  Boat
223.4

 
(204.2
)
 
223.4

 
(203.9
)
 
223.6

 
(203.2
)
  Fitness
79.2

 
(20.6
)
 
79.4

 
(18.8
)
 
102.5

 
(14.8
)
    Total
$
921.2

 
$
(284.5
)
 
$
921.1

 
$
(274.7
)
 
$
405.2

 
$
(257.2
)