The following table sets forth net sales and operating earnings (loss) for each of the Company's reportable segments for the three months and six months ended June 27, 2020 and June 29, 2019:
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Net Sales |
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Operating Earnings (Loss) |
|
Three Months Ended |
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Six Months Ended |
|
Three Months Ended |
|
Six Months Ended |
(in millions) |
June 27, 2020 |
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June 29, 2019 |
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June 27, 2020 |
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June 29, 2019 |
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June 27, 2020 |
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June 29, 2019 |
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June 27, 2020 |
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June 29, 2019 |
Propulsion |
$ |
395.4 |
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$ |
461.5 |
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$ |
844.0 |
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$ |
913.9 |
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$ |
47.7 |
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$ |
71.0 |
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$ |
109.0 |
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$ |
130.9 |
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Parts and Accessories |
386.5 |
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|
410.0 |
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|
688.1 |
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|
723.6 |
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|
80.1 |
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|
88.2 |
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126.3 |
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136.0 |
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Boat |
249.9 |
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366.6 |
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|
541.4 |
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|
739.9 |
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2.0 |
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25.8 |
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7.1 |
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52.8 |
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Corporate/Other |
— |
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— |
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— |
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— |
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(22.8 |
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(22.3 |
) |
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(32.2 |
) |
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(42.9 |
) |
Segment Eliminations |
(44.0 |
) |
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(74.6 |
) |
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(120.2 |
) |
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(163.2 |
) |
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— |
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— |
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— |
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— |
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Total |
$ |
987.8 |
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$ |
1,163.5 |
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$ |
1,953.3 |
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$ |
2,214.2 |
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$ |
107.0 |
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$ |
162.7 |
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$ |
210.2 |
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$ |
276.8 |
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The following table sets forth total assets of each of the Company's reportable segments:
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Total Assets |
(in millions) |
June 27, 2020 |
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December 31, 2019 |
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June 29, 2019 |
Propulsion |
$ |
974.2 |
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$ |
1,002.8 |
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$ |
1,007.3 |
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Parts and Accessories |
1,534.9 |
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|
1,519.0 |
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|
1,603.3 |
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Boat (A)
|
463.7 |
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|
473.0 |
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|
477.2 |
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Corporate/Other |
766.3 |
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|
569.6 |
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|
953.0 |
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Total |
$ |
3,739.1 |
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$ |
3,564.4 |
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$ |
4,040.8 |
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(A) As of June 27, 2020, December 31, 2019 and June 29, 2019, the Company had $3.0 million of assets classified as held for sale which were not related to discontinued operations. These assets were recorded within Net Property.
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