Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Notes)

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Revenue Recognition (Notes)
3 Months Ended
Apr. 03, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block] Revenue Recognition
The following table presents the Company's revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors:
Three Months Ended
April 3, 2021
(in millions) Propulsion Parts & Accessories Boat Total
Geographic Markets
United States $ 421.3  $ 312.3  $ 312.6  $ 1,046.2 
Europe 109.0  63.5  41.6  214.1 
Asia-Pacific 65.7  42.5  6.7  114.9 
Canada 25.2  25.4  48.4  99.0 
Rest-of-World 36.6  15.9  10.2  62.7 
Segment Eliminations (94.9) (8.8) —  (103.7)
Total $ 562.9  $ 450.8  $ 419.5  $ 1,433.2 
Three Months Ended
March 28, 2020
Propulsion Parts & Accessories Boat Total
Geographic Markets
United States $ 290.9  $ 210.9  $ 215.5  $ 717.3 
Europe 69.6  42.8  35.1  147.5 
Asia-Pacific 49.3  24.7  5.6  79.6 
Canada 14.1  13.7  31.8  59.6 
Rest-of-World 24.7  9.5  3.5  37.7 
Segment Eliminations (69.1) (7.1) —  (76.2)
Total $ 379.5  $ 294.5  $ 291.5  $ 965.5 
Three Months Ended
April 3, 2021
(in millions) Propulsion Parts & Accessories Boat Total
Major Product Lines
Outboard Engines $ 504.5  $ —  $ —  $ 504.5 
Controls, Rigging, and Propellers 94.9  —  —  94.9 
Sterndrive Engines 58.4  —  —  58.4 
Distribution Parts and Accessories —  200.6  —  200.6 
Advanced Systems Group —  134.8  —  134.8 
Engine Parts and Accessories —  124.2  —  124.2 
Aluminum Freshwater Boats —  —  177.8  177.8 
Recreational Fiberglass Boats —  —  135.4  135.4 
Saltwater Fishing Boats —  —  96.8  96.8 
Business Acceleration —  —  12.7  12.7 
Boat Eliminations/Other —  —  (3.2) (3.2)
Segment Eliminations (94.9) (8.8) —  (103.7)
Total $ 562.9  $ 450.8  $ 419.5  $ 1,433.2 
Three Months Ended
March 28, 2020
Propulsion Parts & Accessories Boat Total
Major Product Lines
Outboard Engines $ 353.8  $ —  $ —  $ 353.8 
Controls, Rigging, and Propellers 57.5  —  —  57.5 
Sterndrive Engines 37.3  —  —  37.3 
Distribution Parts and Accessories —  121.3  —  121.3 
Advanced Systems Group —  103.1  —  103.1 
Engine Parts and Accessories —  77.2  —  77.2 
Aluminum Freshwater Boats —  —  120.5  120.5 
Recreational Fiberglass Boats —  —  101.8  101.8 
Saltwater Fishing Boats —  —  59.8  59.8 
Business Acceleration —  —  10.0  10.0 
Boat Eliminations/Other —  —  (0.6) (0.6)
Segment Eliminations (69.1) (7.1) —  (76.2)
Total $ 379.5  $ 294.5  $ 291.5  $ 965.5 

As of December 31, 2020, $113.0 million of contract liabilities associated with extended warranties and customer deposits were reported in Accrued expenses and Other Long-term liabilities, of which $11.6 million was recognized as revenue during the three months ended April 3, 2021. As of April 3, 2021, total contract liabilities were $121.0 million. The total amount of the transaction price allocated to unsatisfied performance obligations as of April 3, 2021 was $112.3 million for contracts greater than one year, which primarily relates to extended warranties. The Company expects to recognize $24.9 million of this amount in 2021, $25.9 million in 2022, and $61.5 million thereafter.