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INVENTORY AND VEHICLE FLOOR PLAN NOTES PAYABLE
 12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORY AND VEHICLE FLOOR PLAN NOTES PAYABLE INVENTORY AND VEHICLE FLOOR PLAN NOTES PAYABLE
Inventory, net of reserves, consisted of the following as of December 31:
($ in millions)20252024
New powersports vehicles$197.3 $184.9 
Pre-owned powersports vehicles38.0 34.3 
Parts, accessories and other22.1 21.4 
Total inventory$257.4 $240.6 
New inventory costs are generally reduced by manufacturer holdbacks, incentives, floor plan assistance, and non-reimbursement-based manufacturer advertising rebates, while the related vehicle floor plan payables shown below are reflective of the gross cost of the powersports vehicle. The vehicle floor plan payables may also be higher than the inventory cost due to the timing of the sale of a vehicle and payment of the related liability. Vehicle floor plan facilities are due on demand, but in the case of new vehicle inventories, are generally paid within a few business days after the related vehicles are sold.
Vehicle Floor Plan Notes Payable
Floor plan notes payable consisted of the following as of December 31:
($ in millions)20252024
Vehicle floor plan notes payable (trade)$97.0 $73.5 
Vehicle floor plan notes payable (non-trade)(1)
121.4 136.4 
Total floor plan debt$218.4 $209.9 
(1) Includes a related-party pre-owned inventory floor plan line (see Note 15).    
The Company relies on its floor plan vehicle financing credit lines (“Floor Plan Lines”) to finance new and pre-owned powersports vehicle inventory at its retail locations. Inventory serves as collateral under floor plan notes payable borrowings. The inventory balance in its entirety also serves as collateral under the Credit Agreement and the Indenture (both as defined in Note 8). Floor plan notes payable (trade) reflects amounts borrowed to finance the purchase of specific new and, to a lesser extent, pre-owned powersports vehicle inventory with corresponding manufacturers' captive finance subsidiaries (“trade lenders”). Floor plan notes payable (non-trade) represents amounts borrowed to finance the purchase of specific new and pre-owned powersports vehicle inventories with non-trade lenders. Changes in vehicle floor plan notes payable (trade) are reported as operating cash flows, and changes in floor plan notes payable (non-trade) are reported as financing cash flows in the accompanying Consolidated Statements of Cash Flows.
New vehicle floor plan facilities generally utilize SOFR or ADB (Average Daily Balance)-based interest rates and generally ranged between 6.5% and 16.6% as of December 31, 2025. Pre-owned vehicle floor plan facilities are based on prime or SOFR and ranged between 7.0% and 8.3% as of December 31, 2025. The aggregate capacity to finance our inventory under the new and pre-owned vehicle floor plan facilities as of December 31, 2025 was $341.5 million.