Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.20.1
Segment Data (Tables)
 3 Months Ended
Mar. 28, 2020
Segment Reporting [Abstract]  
Operating Segments
The following table sets forth net sales and operating earnings (loss) for each of the Company's reportable segments for the three months ended March 28, 2020 and March 30, 2019:
 
Net Sales
 
Operating Earnings (Loss)
(in millions)
March 28,
2020
 
March 30,
2019
 
March 28,
2020
 
March 30,
2019
Propulsion
$
448.6

 
$
452.4

 
$
61.3

 
$
59.9

Parts and Accessories
301.6

 
313.6

 
46.2

 
47.8

Boat
291.5

 
373.3

 
5.1

 
27.0

Corporate/Other
—

 
—

 
(9.4
)
 
(20.6
)
Segment Eliminations
(76.2
)
 
(88.6
)
 
—

 
—

Total
$
965.5

 
$
1,050.7

 
$
103.2

 
$
114.1



The following table sets forth total assets of each of the Company's reportable segments:
 
Total Assets
(in millions)
March 28,
2020
 
December 31,
2019
 
March 30,
2019
Propulsion
$
1,062.6

 
$
1,002.8

 
$
997.5

Parts and Accessories
1,609.9

 
1,519.0

 
1,630.4

Boat (A)
488.8

 
473.0

 
434.2

Corporate/Other
743.3

 
569.6

 
419.8

Total (B)
$
3,904.6

 
$
3,564.4

 
$
3,481.9



(A) As of March 28, 2020, December 31, 2019 and March 30, 2019, the Company had $3.0 million, $3.0 million and $8.9 million, respectively, of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property as of March 28, 2020 and December 31, 2019 and recorded within Long term assets held for sale as of March 30, 2019.
(B) As of March 30, 2019, the Company had $853.0 million of assets classified as held for sale in the Condensed Consolidated Balance Sheets relating to discontinued operations. See Note 3 – Discontinued Operations for further details.