PII Quarterly Report
Roadkill
(PII)
Quarterly Report (SEC form 10-Q)
MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS
... pertains to the results of operations and financial position of
Polaris Industries Inc., a Minnesota corporation... for the quarter and
year to date periods ended September 30, 2000 and 1999. Due to the
seasonality of the snowmobile, all terrain vehicle (ATV), personal
watercraft (PWC), and motorcycle business, and to certain changes in
production and shipping cycles, results of such periods are not
necessarily indicative of the results to be expected for the complete
year...
... North American sales of Victory motorcycles and related PG&A of $3.2
million for the third quarter 2000 were 34 percent lower than $4.9
million for the comparable period in 1999. The decrease relates to a
reduction in Victory shipments to dealers in 2000 in response to lower
than expected retail sales. Shipments in the third quarter are typically
low due to model year changeover.
International sales of snowmobiles, ATVs, PWC, Victory motorcycles and
related PG&A of $27.6 million for the third quarter 2000 were 25 percent
higher than $22.1 million for the comparable period in 1999 primarily
due to increased shipments of ATVs and PG&A into markets outside of
North America...
... Operating expenses in the third quarter of 2000 increased... The
higher levels of operating expenses are related to additional Victory
motorcycle and ATV advertising and sales promotion expenses as well as
planned increases in areas such as PG&A sales and marketing and
information technology during each of the 2000 periods...
+For the full report, see http://biz.yahoo.com/e/001114/pii.html
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