Consolidated Balance Sheets
in thousands, except per share data
|
POLARIS INDUSTRIES INC.
|
|
| December 31,
|
|
|
1997
|
1996
|
|
| ASSETS
|
| Current Assets
|
| Cash and cash equivalents
|
$ 1,233
|
$ 5,812
|
| Trade receivables
|
42,593
|
36,158
|
| Inventories
|
139,544
|
122,911
|
| Prepaid expenses and other
|
5,088
|
3,524
|
| Deferred tax assets
|
29,000
|
25,000
|
|
| Total current assets
|
217,458
|
193,405
|
|
| Deferred Tax Assets
|
26,000
|
30,000
|
|
|
|
|
|
|
|
|
|
|
|
| Property and Equipment
|
| Land, buildings and improvements
|
31,367
|
23,973
|
| Equipment and tooling
|
153,005
|
138,879
|
|
|
|
184,372
|
162,852
|
| Less-accumulated depreciation
|
(86,352)
|
(69,339)
|
| Total property and equipment
|
98,020
|
93,513
|
| Investments in Affiliates
|
19,767
|
10,421
|
| Intangible Assets, net
|
23,501
|
24,378
|
|
|
|
$384,746
|
$351,717
|
|
| *The accompanying notes are an integral part of these consolidated balance sheets.
|