Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.6
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Schedule of potential amount of collateral required to recourse from third parties
The potential cash obligations associated with these customer financing arrangements as of March 31, 2012 and April 2, 2011, were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 31,
2012
 
April 2,
2011
 
March 31,
2012
 
April 2,
2011
Marine Engine
$
7.6

 
$
5.9

 
$
7.6

 
$
5.9

Boat
2.4

 
1.9

 
2.4

 
1.9

Fitness
30.9

 
39.7

 
36.3

 
45.3

Bowling & Billiards
1.9

 
4.7

 
3.0

 
9.9

Total
$
42.8

 
$
52.2

 
$
49.3

 
$
63.0

Schedule of potential cash payments to third parties associated with repurchase exposure
The potential cash payments the Company could be required to make to repurchase collateral as of March 31, 2012 and April 2, 2011, were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 31,
2012
 
April 2,
2011
 
March 31,
2012
 
April 2,
2011
Marine Engine
$
2.0

 
$
3.0

 
$
2.0

 
$
3.0

Boat
85.8

 
88.6

 
105.8

 
108.6

Bowling & Billiards
0.2

 
0.2

 
0.2

 
0.2

Total
$
88.0

 
$
91.8

 
$
108.0

 
$
111.8

Product Warranty Liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended March 31, 2012 and April 2, 2011:
 
Three Months Ended
(in millions)
March 31,
2012
 
April 2,
2011
Balance at beginning of period
$
133.2

 
$
151.3

Payments made
(15.2
)
 
(16.4
)
Provisions/additions for contracts issued/sold
17.0

 
19.8

Aggregate changes for preexisting warranties
0.5

 
(0.1
)
Balance at end of period
$
135.5

 
$
154.6