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. 30, 2013
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 30, 2013 and March 31, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 30,
2013
 
March 31,
2012
 
March 30,
2013
 
March 31,
2012
Marine Engine
$
5.9

 
$
7.6

 
$
5.9

 
$
7.6

Boat
2.3

 
2.4

 
2.3

 
2.4

Fitness
25.3

 
30.9

 
29.6

 
36.3

Bowling & Billiards
0.8

 
1.9

 
1.4

 
3.0

Total
$
34.3

 
$
42.8

 
$
39.2

 
$
49.3

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 30, 2013 and March 31, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 30,
2013
 
March 31,
2012
 
March 30,
2013
 
March 31,
2012
Marine Engine
$
2.2

 
$
2.0

 
$
2.2

 
$
2.0

Boat
71.5

 
85.8

 
73.0

 
105.8

Bowling & Billiards
0.2

 
0.2

 
0.2

 
0.2

Total
$
73.9

 
$
88.0

 
$
75.4

 
$
108.0

Product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended March 30, 2013 and March 31, 2012:
(in millions)
March 30,
2013
 
March 31,
2012
Balance at beginning of period
$
127.7

 
$
129.9

Payments made
(13.3
)
 
(14.4
)
Provisions/additions for contracts issued/sold
13.5

 
16.1

Aggregate changes for preexisting warranties
(1.1
)
 
0.5

Balance at end of period
$
126.8

 
$
132.1