Annual report pursuant to Section 13 and 15(d)

Acquisitions (Details)

v3.24.0.1
Acquisitions (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 01, 2023
Sep. 01, 2023
May 10, 2022
Oct. 04, 2021
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred $ 66.1                
Goodwill 1,030.7   $ 1,030.7 $ 967.6 $ 888.4        
Customer Relationships         24.1        
Payments to Acquire Businesses, Net of Cash Acquired     103.6 93.8 1,138.6        
Business Combination, Acquisition Related Costs     $ 0.0 $ 0.0 $ (4.0)        
Effective Tax Rate     31.20% 20.20% 19.10%        
Net Sales     $ 6,401.4 $ 6,812.2 $ 5,846.2        
Operating Income (Loss)     734.9 947.8 812.9        
Trade Names [Member]                  
Business Acquisition [Line Items]                  
Customer Relationships         6.9        
Customer Relationships [Member]                  
Business Acquisition [Line Items]                  
Customer Relationships         17.2        
Other Current Assets                  
Business Acquisition [Line Items]                  
Goodwill, Translation and Purchase Accounting Adjustments       1.8          
Other Current Liabilities [Member]                  
Business Acquisition [Line Items]                  
Goodwill, Translation and Purchase Accounting Adjustments       18.4          
Accrued Expenses [Member]                  
Business Acquisition [Line Items]                  
Goodwill, Translation and Purchase Accounting Adjustments       3.5          
Goodwill                  
Business Acquisition [Line Items]                  
Customer Relationships         36.8        
Freedom Boat Club [Member]                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred     16.0 93.9          
Goodwill           $ 14.0      
Freedom Boat Club [Member] | Customer Relationships [Member]                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred     $ 3.3            
Useful Life     10 years            
Freedom Boat Club [Member] | Customer Relationships [Member]                  
Business Acquisition [Line Items]                  
Trade Names               $ 11.9  
Navico                  
Business Acquisition [Line Items]                  
Accounts and Notes Receivable                 $ 59.3
Inventory                 159.9
Goodwill $ 599.7   $ 599.7           459.2 [1],[2]
Trade Names         5.8       133.0
Property, Plant and Equipment                 46.1
Other Assets                 26.6
Total Assets Acquired                 1,229.1
Accounts Payable                 66.0
Accrued Expenses [1]                 48.6
Accrued Expenses                 23.4
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities                 18.7
Total Liabilities Assumed                 156.7
Payments to Acquire Businesses, Net of Cash Acquired     $ 1,072.4            
Pro Forma Net Sales       6,812.2 6,218.7        
Pro Forma Net Earnings       684.9 589.6        
Business Combination, Acquisition Related Costs       $ 1.0 $ 13.8        
Effective Tax Rate       21.00% 21.00%        
Business Acquisition, Pro Forma Information, Description       18.1 million          
Net Sales         $ 120.4        
Operating Income (Loss)         (7.4)        
Inventory, Noncurrent, Fair Value Disclosure         9.0        
Navico | Technology-Based Intangible Assets                  
Business Acquisition [Line Items]                  
Customer Relationships                 160.0
Navico | Customer Relationships [Member]                  
Business Acquisition [Line Items]                  
Customer Relationships                 $ 185.0
Quarterly Acquisitions                  
Business Acquisition [Line Items]                  
Business Combination, Acquisition Related Costs         $ 1.8        
Freedom Boat Club Franchises                  
Business Acquisition [Line Items]                  
Goodwill               $ 71.4  
Fliteboard                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred   $ 87.6              
Goodwill             $ 38.5    
Business Combination, Acquisition Related Costs   1.9              
Indefinite-Lived Trade Names             20.7    
Fliteboard | Technology-Based Intangible Assets                  
Business Acquisition [Line Items]                  
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Lease Obligation             $ 7.1    
Fliteboard | Customer Relationships [Member]                  
Business Acquisition [Line Items]                  
Business Combination, Consideration Transferred   $ 8.4              
Useful Life     15 years            
Selling, General and Administrative Expenses [Member] | Freedom Boat Club [Member]                  
Business Acquisition [Line Items]                  
Business Acquisition, Transaction Costs       $ 1.4          
[1]
(B) The goodwill recorded for the acquisition of Navico is partially deductible for tax purposes.
(C) Includes $3.5 million of purchase accounting adjustments related to contingency reserves.
(D) Includes $18.4 million of purchase accounting adjustments related to taxes.
[2]
(A) Includes $1.8 million of purchase accounting adjustments related to inventory reserves.