Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 29, 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 June 29, 2013 and June 30, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Marine Engine
$
5.9

 
$
7.1

 
$
5.9

 
$
7.1

Boat
2.0

 
2.3

 
2.0

 
2.3

Fitness
26.0

 
28.3

 
30.6

 
33.3

Bowling & Billiards
0.8

 
1.6

 
1.3

 
2.6

Total
$
34.7

 
$
39.3

 
$
39.8

 
$
45.3

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 June 29, 2013 and June 30, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Marine Engine
$
2.2

 
$
1.6

 
$
2.2

 
$
1.6

Boat
68.5

 
82.3

 
68.5

 
102.3

Bowling & Billiards
0.2

 
0.2

 
0.2

 
0.2

Total
$
70.9

 
$
84.1

 
$
70.9

 
$
104.1

Product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the six months ended June 29, 2013 and June 30, 2012:
(in millions)
June 29,
2013
 
June 30,
2012
Balance at beginning of period
$
127.7

 
$
129.9

Payments made
(26.4
)
 
(33.7
)
Provisions/additions for contracts issued/sold
23.5

 
28.7

Aggregate changes for preexisting warranties
(2.0
)
 
0.1

Warranty liability assumed from joint venture
—

 
7.4

Balance at end of period
$
122.8

 
$
132.4