Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 29, 2014
Commitments and Contingencies Disclosure [Abstract]  
Schedule of potential cash obligations associated with recourse arrangements
The potential cash obligations associated with these customer financing arrangements as of March 29, 2014 and December 31, 2013 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 29,
2014
 
December 31,
2013
 
March 29,
2014
 
December 31,
2013
Marine Engine
$
8.9

 
$
8.8

 
$
8.9

 
$
8.8

Boat
2.7

 
3.1

 
2.7

 
3.1

Fitness
25.7

 
24.4

 
29.6

 
28.9

Bowling & Billiards
0.4

 
0.5

 
0.7

 
0.9

Total
$
37.7

 
$
36.8

 
$
41.9

 
$
41.7

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 March 29, 2014 and December 31, 2013 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
March 29,
2014
 
December 31,
2013
 
March 29,
2014
 
December 31,
2013
Marine Engine
$
2.3

 
$
2.2

 
$
2.3

 
$
2.2

Boat
61.5

 
62.5

 
61.5

 
62.5

Bowling & Billiards
0.2

 
0.3

 
0.2

 
0.3

Total
$
64.0

 
$
65.0

 
$
64.0

 
$
65.0

Product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended March 29, 2014 and March 30, 2013:
(in millions)
March 29,
2014
 
March 30,
2013
Balance at beginning of period
$
120.8

 
$
127.7

Payments made
(11.4
)
 
(13.3
)
Provisions/additions for contracts issued/sold
11.2

 
13.5

Aggregate changes for preexisting warranties
(3.6
)
 
(1.1
)
Balance at end of period
$
117.0

 
$
126.8