| Schedule of Operating Income by Reportable Segment |
Net sales and significant expense categories included in operating income by reportable segment as well as a reconciliation to consolidated income before income taxes are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2025 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / all other | | Consolidated | Net revenues(1) | $ | 1,220.2 | | | $ | 1,159.7 | | | $ | 367.8 | | | $ | 2,747.7 | | | $ | 50.5 | | | $ | 2,798.2 | | | Cost of goods sold | $ | 1,038.5 | | | $ | 1,056.0 | | | $ | 303.7 | | | $ | 2,398.2 | | | | | | Selling, general, and administrative expenses(2) | $ | 109.0 | | | $ | 111.0 | | | $ | 36.4 | | | $ | 256.4 | | | | | | | Operating income (loss) | $ | 72.7 | | | $ | (7.3) | | | $ | 27.7 | | | $ | 93.1 | | | $ | (35.9) | | | $ | 57.2 | | | Reconciliation to income before income taxes: | | | | | | | | | | | | Interest expense, net | | | | | | | | | | | (25.9) | | | Loss on note repurchase | | | | | | | | | | | (2.0) | | | Non-operating income | | | | | | | | | | | 0.8 | | | Income before income taxes | | | | | | | | | | | $ | 30.1 | |
(1) See Note 13 in the Notes to Consolidated Financial Statements for more information on segment revenues. (2) Includes compensation for non-production employees, selling and marketing expenses, depreciation and amortization on non-production assets, professional services, and other miscellaneous expenses.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2024 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / all other | | Consolidated | Net revenues(1) | $ | 1,318.8 | | | $ | 1,279.8 | | | $ | 325.5 | | | $ | 2,924.1 | | | $ | 49.4 | | | $ | 2,973.5 | | | Cost of goods sold | $ | 1,102.8 | | | $ | 1,120.6 | | | $ | 277.4 | | | $ | 2,500.8 | | | | | | Selling, general, and administrative expenses(2) | $ | 112.9 | | | $ | 106.3 | | | $ | 31.3 | | | $ | 250.5 | | | | | | | Goodwill impairment | $ | — | | | $ | — | | | $ | 30.3 | | | $ | 30.3 | | | | | | | Operating income (loss) | $ | 103.1 | | | $ | 52.9 | | | $ | (13.5) | | | $ | 142.5 | | | $ | (42.3) | | | $ | 100.2 | | | Reconciliation to income before income taxes: | | | | | | | | | | | | Interest expense, net | | | | | | | | | | | (21.1) | | | Loss on note repurchase | | | | | | | | | | | (32.7) | | | Non-operating loss | | | | | | | | | | | (8.0) | | | Income before income taxes | | | | | | | | | | | $ | 38.4 | |
(1) See Note 13 in the Notes to Consolidated Financial Statements for more information on segment revenues. (2) Includes compensation for non-production employees, selling and marketing expenses, depreciation and amortization on non-production assets, professional services, and other miscellaneous expenses. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2023 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / all other | | Consolidated | Net revenues(1) | $ | 1,415.3 | | | $ | 1,560.1 | | | $ | 469.7 | | | $ | 3,445.1 | | | $ | 45.6 | | | $ | 3,490.7 | | | Cost of goods sold | $ | 1,151.4 | | | $ | 1,331.8 | | | $ | 384.3 | | | $ | 2,867.5 | | | | | | Selling, general, and administrative expenses(2) | $ | 109.4 | | | $ | 103.9 | | | $ | 32.9 | | | $ | 246.2 | | | | | | | Operating income (loss) | $ | 154.5 | | | $ | 124.4 | | | $ | 52.5 | | | $ | 331.4 | | | $ | (30.7) | | | $ | 300.7 | | | Reconciliation to income before income taxes: | | | | | | | | | | | | Interest expense, net | | | | | | | | | | | (20.5) | | | | | | | | | | | | | | | Non-operating loss | | | | | | | | | | | (1.0) | | | Income before income taxes | | | | | | | | | | | $ | 279.2 | |
(1) See Note 13 in the Notes to Consolidated Financial Statements for more information on segment revenues. (2) Includes compensation for non-production employees, selling and marketing expenses, depreciation and amortization on non-production assets, professional services, and other miscellaneous expenses.
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| Schedule of Financial Information by Reportable Segment |
Other financial information by reportable segment and corporate/all other is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2025 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / All Other | | Consolidated | | Total assets, at year end | $ | 697.0 | | | $ | 795.7 | | | $ | 369.7 | | | $ | 1,862.4 | | | $ | 292.0 | | | $ | 2,154.4 | | | Capital expenditures | 5.4 | | | 28.9 | | | 4.0 | | | $ | 38.3 | | | 1.1 | | | 39.4 | | | Depreciation and amortization | $ | 17.8 | | | $ | 24.1 | | | $ | 9.0 | | | $ | 50.9 | | | $ | 9.7 | | | $ | 60.6 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2024 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / All Other | | Consolidated | | Total assets, at year end | $ | 719.0 | | | $ | 788.0 | | | $ | 377.8 | | | $ | 1,884.8 | | | $ | 499.4 | | | $ | 2,384.2 | | | Capital expenditures | 6.3 | | | 22.6 | | | 5.7 | | | 34.6 | | | 10.4 | | | 45.0 | | | Depreciation and amortization | $ | 19.3 | | | $ | 20.8 | | | $ | 8.8 | | | $ | 48.9 | | | $ | 9.7 | | | $ | 58.6 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal 2023 | | (in millions) | Towable RV | | Motorhome RV | | Marine | | Segment Total | | Corporate / All Other | | Consolidated | | Total assets, at year end | $ | 751.2 | | | $ | 802.2 | | | $ | 426.9 | | | $ | 1,980.3 | | | $ | 452.1 | | | $ | 2,432.4 | | | Capital expenditures | 25.6 | | | 31.1 | | | 19.1 | | | 75.8 | | | 7.4 | | | 83.2 | | | Depreciation and amortization | $ | 17.6 | | | $ | 17.6 | | | $ | 8.0 | | | $ | 43.2 | | | $ | 3.7 | | | $ | 46.9 | |
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