Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 28, 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 September 28, 2013 and September 29, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
September 28,
2013
 
September 29,
2012
 
September 28,
2013
 
September 29,
2012
Marine Engine
$
5.3

 
$
4.1

 
$
5.3

 
$
4.1

Boat
2.1

 
2.5

 
2.1

 
2.5

Fitness
27.2

 
26.9

 
32.4

 
31.5

Bowling & Billiards
0.6

 
1.2

 
1.0

 
2.0

Total
$
35.2

 
$
34.7

 
$
40.8

 
$
40.1

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 September 28, 2013 and September 29, 2012 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
September 28,
2013
 
September 29,
2012
 
September 28,
2013
 
September 29,
2012
Marine Engine
$
2.1

 
$
1.5

 
$
2.1

 
$
1.5

Boat
61.7

 
81.0

 
61.7

 
101.0

Bowling & Billiards
0.2

 
—

 
0.2

 
—

Total
$
64.0

 
$
82.5

 
$
64.0

 
$
102.5

Product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the nine months ended September 28, 2013 and September 29, 2012:
(in millions)
September 28,
2013
 
September 29,
2012
Balance at beginning of period
$
127.7

 
$
129.9

Payments made
(48.7
)
 
(55.2
)
Provisions/additions for contracts issued/sold
43.1

 
47.4

Aggregate changes for preexisting warranties
(2.8
)
 
(2.2
)
Warranty liability assumed from joint venture
—

 
7.4

Warranty liability retained from discontinued operations
3.0

 
—

Balance at end of period
$
122.3

 
$
127.3