Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangibles (Tables)

v3.20.4
Goodwill and Other Intangibles (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the Company's goodwill during the period ended December 31, 2020, by segment, are summarized below:
(in millions) 2019 Acquisitions Adjustments 2020
Propulsion $ 14.5  $ —  $ 0.8  $ 15.3 
Parts & Accessories 371.9  —  0.6  372.5 
Boat 28.6  —  1.3  29.9 
Total $ 415.0  $ —  $ 2.7  $ 417.7 

Changes in the Company's goodwill during the period ended December 31, 2019, by segment, are summarized below:
(in millions) 2018 Acquisitions Adjustments 2019
Propulsion $ 14.6  $ —  $ (0.1) $ 14.5 
Parts & Accessories 360.5  —  11.4  371.9 
Boat 2.2  26.0  0.4  28.6 
Total $ 377.3  $ 26.0  $ 11.7  $ 415.0 
Schedule of Other Intangible Assets
The Company's intangible assets, included within Other intangibles, net on the Consolidated Balance Sheets as of December 31, 2020 and 2019, are summarized by intangible asset type below:
2020 2019
(in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization
Intangible assets:
  Customer relationships (A)
$ 687.7  $ (306.4) $ 687.0  $ (274.6)
Trade names 166.2  —  165.8  — 
  Other (A)
18.5  (13.7) 18.4  (13.1)
     Total $ 872.4  $ (320.1) $ 871.2  $ (287.7)

(A) The weighted average remaining amortization period for Customer relationships and Other intangibles assets were 12.1 years and 11.2 years, respectively, as of December 31, 2020.

The Company's intangible assets, included within Other intangibles, net on the Consolidated Balance Sheets as of December 31, 2020 and 2019, are summarized by segment below:
2020 2019
(in millions) Gross Amount Accumulated Amortization Gross Amount Accumulated Amortization
Propulsion $ 1.0  $ (0.5) $ 1.0  $ (0.5)
Parts & Accessories 618.8  (112.4) 617.6  (81.9)
Boat 252.6  (207.2) 252.6  (205.3)
     Total $ 872.4  $ (320.1) $ 871.2  $ (287.7)