Polaris 2010 Annual Report Download - page 81

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Note 13: Subsequent Events
During February 2011, Polaris and GECDF amended and restated its Polaris Acceptance partnership
agreement through February 2017 with similar terms to the original agreement. The Company has evaluated
events subsequent to the balance sheet date through the date the consolidated financial statements have been filed.
There were no other subsequent events which required recognition or disclosure in the consolidated financial
statements.
Note 14: Quarterly Financial Data (unaudited)
Sales Gross Profit Net Income
Diluted
Net Income
per Share
(In thousands, except per share data)
2010
First Quarter ................................. $ 361,708 $ 94,914 $ 19,771 $0.59
Second Quarter ............................... 430,907 113,084 25,624 0.75
Third Quarter ................................ 580,082 150,699 47,221 1.37
Fourth Quarter ............................... 618,442 171,516 54,522 1.55
Totals ...................................... $1,991,139 $530,213 $147,138 $4.28
2009
First Quarter ................................. $ 312,024 $ 76,434 $ 8,458 $0.26
Second Quarter ............................... 345,896 83,264 17,478 0.53
Third Quarter ................................ 436,197 104,911 31,171 0.94
Fourth Quarter ............................... 471,770 128,610 43,910 1.31
Totals ...................................... $1,565,887 $393,219 $101,017 $3.05
66
POLARIS INDUSTRIES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)