Annual report pursuant to Section 13 and 15(d)

Restructuring, Exit, Impairment and Integration Activities (Tables)

v3.22.4
Restructuring, Exit, Impairment and Integration Activities (Tables)
 12 Months Ended
Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]  
Summary of the Expense Associated with Restructuring, Exit, Impairment and Integration Activities
(in millions) Parts & Accessories Boat
Corporate (A)
Total
Restructuring, exit and impairment activities:    
Employee termination and other benefits $ 7.7  $ —  $ —  $ 7.7 
Asset related —  —  17.4  17.4 
Total 2022 restructuring, exit and impairment charges $ 7.7  $ —  $ 17.4  $ 25.1 
Employee termination and other benefits $ 0.7  $ 0.1  $ —  $ 0.8 
Total 2021 restructuring, exit and impairment charges $ 0.7  $ 0.1  $ —  $ 0.8 
Employee termination and other benefits $ 0.8  $ 0.3  $ 1.9  $ 3.0 
Asset related —  0.5  —  0.5 
Other —  0.5  0.1  0.6 
Total 2020 restructuring, exit and impairment charges $ 0.8  $ 1.3  $ 2.0  $ 4.1 

(A) Includes impairment charges of $17.4 million related to the Company's decision not to place certain capitalized software intangible assets into service during the year ended December 31, 2022.
Schedule of Restructuring Reserve by Segment [Table Text Block]
The following tables summarize the change in accrued restructuring, exit and impairment charges within Accrued expenses in the Consolidated Balance Sheets for the years ended December 31, 2022, 2021 and 2020:
(in millions) Parts & Accessories Boat Corporate Total
Accrued Charges as of December 31, 2019 $ 1.2  $ 6.1  $ 1.5  $ 8.8 
Total Charges 0.8  1.3  2.0  4.1 
Non-Cash Charges —  (0.5) —  (0.5)
Payments (A)
(1.7) (5.7) (1.8) $ (9.2)
Accrued Charges as of December 31, 2020 $ 0.3  $ 1.2  $ 1.7  $ 3.2 
Total Charges 0.7  0.1  —  0.8 
Payments (A)
(1.0) (1.1) (1.7) $ (3.8)
Accrued Charges as of December 31, 2021 $ —  $ 0.2  $ —  $ 0.2 
Total Charges 7.7  —  17.4  25.1 
Non-Cash Charges —  —  (17.4) (17.4)
Payments (A)
(3.6) (0.2) —  $ (3.8)
Accrued Charges as of December 31, 2022 (B)
$ 4.1  $ —  $ —  $ 4.1 

(A) Cash payments may include payments related to prior period charges.
(B) The accrued charges as of December 31, 2022 are expected to be paid in the next twelve months.