Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Details)

v3.19.3
Acquisitions (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
May 21, 2019
Aug. 09, 2018
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Dec. 31, 2018
Dec. 31, 2017
Business Acquisition [Line Items]                    
Business Combination, Consideration Transferred $ 64.1                  
Debt Instrument, Face Amount   $ 800.0                
Goodwill     $ 414.0     $ 377.7 $ 414.0 $ 377.7 $ 377.3 $ 33.9
Freedom Boat Club [Member]                    
Business Acquisition [Line Items]                    
Business Acquisition, Percentage of Voting Interests Acquired 100.00%                  
Business Combination, Recognized Identifiable Intangible Assets Acquired, Other than Goodwill $ 29.2                  
Goodwill 26.3                  
Freedom Boat Club [Member] | Trade Names [Member]                    
Business Acquisition [Line Items]                    
Trade Names $ 13.2                  
Freedom Boat Club [Member] | Customer Relationships [Member]                    
Business Acquisition [Line Items]                    
Useful Life 10 years                  
Customer Relationships $ 11.1                  
Freedom Boat Club [Member] | Franchise Agreements [Member]                    
Business Acquisition [Line Items]                    
Useful Life 15 years                  
Customer Relationships $ 4.9                  
Power Products [Member]                    
Business Acquisition [Line Items]                    
Business Combination, Consideration Transferred   909.6                
Accounts and Notes Receivable   38.3                
Inventory   64.3                
Goodwill [1],[2],[3]   355.5                
Property and Equipment   10.6                
Other Assets   5.6                
Total Assets Acquired   1,015.3                
Accounts Payable [1]   27.3                
Accrued Expenses [1],[3]   22.0                
Deferred Tax Liabilities [3]   56.4                
Total Liabilities Assumed   105.7                
Net Cash Consideration Paid   909.6                
Purchase Accounting Adjustment     3.9 $ 3.0 $ 4.4          
Pro Forma Net Sales     976.6     1,069.6 3,190.8 3,310.0    
Pro Forma Operating Earnings (Loss)     119.7     108.8 396.5 292.5    
Pro Forma Net Earnings (Loss)     $ (232.8)     $ 74.7 $ (43.1) $ 192.6    
Pro Forma Effective Income Tax Rate     22.70%     9.50% 21.80% 17.40%    
Power Products [Member] | Trade Names [Member]                    
Business Acquisition [Line Items]                    
Trade Names   $ 111.0                
Power Products [Member] | Customer Relationships [Member]                    
Business Acquisition [Line Items]                    
Useful Life   15 years                
Customer Relationships   $ 430.0                
[1]
(B) Includes $4.4 million and $3.0 million of purchase accounting adjustments in the first and second quarters of 2019, respectively, primarily related to contingency reserves.
[2]
(A) The goodwill recorded for the acquisition of Power Products is partially deductible for tax purposes.
[3]
(C) Includes $3.9 million of purchase accounting adjustments in the third quarter of 2019 primarily related to deferred taxes.