Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.21.2
Segment Data (Tables)
9 Months Ended
Oct. 02, 2021
Segment Reporting [Abstract]  
Operating Segments
Net Sales Operating Earnings (Loss)
Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended
(in millions) Oct 2,
2021
Sep 26,
2020
Oct 2,
2021
Sep 26,
2020
Oct 2,
2021
Sep 26,
2020
Oct 2,
2021
Sep 26,
2020
Propulsion $ 626.9  $ 526.5  $ 1,934.2  $ 1,370.5  $ 112.5  $ 94.1  $ 359.1  $ 203.1 
Parts and Accessories 494.0  459.9  1,502.5  1,148.0  100.6  99.9  306.9  226.2 
Boat 401.5  328.1  1,270.1  869.5  24.9  28.3  109.9  35.4 
Corporate/Other   —    —  (29.0) (29.7) (84.8) (61.9)
Segment Eliminations (95.2) (81.4) (291.6) (201.6)   —    — 
Total $ 1,427.2  $ 1,233.1  $ 4,415.2  $ 3,186.4  $ 209.0  $ 192.6  $ 691.1  $ 402.8 
  Total Assets
(in millions) October 2,
2021
December 31,
2020
September 26,
2020
Propulsion $ 1,133.7  $ 962.4  $ 895.7 
Parts and Accessories 1,698.5  1,500.6  1,473.4 
Boat (A)
590.5  488.1  470.4 
Corporate/Other (B)
1,757.9  819.5  851.3 
Total $ 5,180.6  $ 3,770.6  $ 3,690.8 

(A) The Company had $3.0 million of net assets classified as held for sale which were not related to discontinued operations as of both December 31, 2020 and September 26, 2020. These assets were recorded within Net Property.
(B) Corporate/Other total assets at October 2, 2021 include net proceeds received from the Notes issued to finance the acquisition of Navico. Refer to Note 14 – Debt for further details regarding the Notes and Note 15 – Subsequent Events for further details regarding the acquisition of Navico.