Polaris Inc
For the period ended Sep 30, 2024. Filed Oct 22, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 22, 2024
PII$67.14+6.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except per share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $291.3 | $367.8 |
| Trade receivables, net | 223.7 | 306.4 |
| Inventories, net | 1,998.9 | 1,810.5 |
| Prepaid expenses and other | 156.4 | 198.0 |
| Income taxes receivable | 57.9 | 9.0 |
| Total current assets | 2,728.2 | 2,691.7 |
| Property and equipment, net | 1,199.9 | 1,201.5 |
| Investment in finance affiliate | 140.0 | 141.1 |
| Deferred tax assets | 329.9 | 295.9 |
| Goodwill and other intangible assets, net | 958.1 | 906.4 |
| Operating lease assets | 131.5 | 143.9 |
| Other long-term assets | 142.1 | 135.8 |
| Total assets | $5,629.7 | $5,516.3 |
| Liabilities and Equity | ||
| Current liabilities: | ||
| Current financing obligations | $454.4 | $54.0 |
| Accounts payable | 700.7 | 713.1 |
| Accrued expenses | 1,057.5 | 1,123.6 |
| Other current liabilities | 40.1 | 43.1 |
| Total current liabilities | 2,252.7 | 1,933.8 |
| Long-term financing obligations | 1,725.6 | 1,854.4 |
| Other long-term liabilities | 296.5 | 297.0 |
| Total liabilities | $4,274.8 | $4,085.2 |
| Deferred compensation | $9.4 | $10.3 |
| Shareholders’ equity: | ||
| Preferred stock $0.01 par value per share, 20.0 shares authorized, no shares issued and outstanding | — | — |
| Common stock $0.01 par value per share, 160.0 shares authorized, 55.8 and 56.5 shares issued and outstanding, respectively | $0.6 | $0.6 |
| Additional paid-in capital | 1,254.2 | 1,231.8 |
| Retained earnings | 173.0 | 243.5 |
| Accumulated other comprehensive loss, net | (86.3) | (57.5) |
| Total shareholders’ equity | 1,341.5 | 1,418.4 |
| Noncontrolling interest | 4.0 | 2.4 |
| Total equity | 1,345.5 | 1,420.8 |
| Total liabilities and equity | $5,629.7 | $5,516.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.