American Motorcycle Dealer AMD 206 September 2016 | Page 6

<<< Continued from cover
full-year 2016 operating margin of
approximately 15 to 16 percent for the
Motorcycles segment, compared to prior
guidance of 16 to 17 percent.The company
continues to expect 2016 capital
expenditures for Harley-Davidson, Inc. of
$255 million to $275 million.
Second quarter 2016 diluted earnings per
share increased by +7.6 percent to $1.55
compared to diluted EPS of $1.44 in the
same period in 2015. Net income was
$280.4 million on consolidated revenue of
$1.86 billion compared to net income of
$299.8 million on consolidated revenue of
$1.82 billion in last year's second quarter.
Through six months, Harley-Davidson's
2016 net income was $530.9 million on
consolidated revenue of $3.61 billion,
compared to its six-month 2015 net
income of $569.7 million on consolidated
revenue of $3.50 billion. Six-month 2016
diluted EPS was $2.91, up +7.4 percent
from $2.71 in the year-ago period.
Cash and marketable securities totaled
$869.7 million at the end of the second
quarter, compared to $1.30 billion in the
year-ago quarter. During the first six
months of 2016, Harley-Davidson
generated $456.3 million of cash from
operating activities compared to $613.9
million for the same period in 2015.
The company paid a cash dividend of
$0.35 per share for the second quarter for
a total of $0.70 for the first six months of
2016. On a discretionary basis, the
company repurchased 2.6 million shares
of Harley-Davidson common stock for
$118.9 million.
In the second quarter of 2016, there were
approximately 181.3 million weightedaverage diluted shares outstanding,
compared to approximately 208.6 million
shares in the year-ago quarter. At the end
of the second quarter, 23.0 million shares
remained on board-approved share
repurchase authorizations.

6

Harley-Davidson sales revenue and production data… 2nd quarter 2016
Income statements in
$1,000s (except share)
Net sales revenue
Gross profit
Total operating income
Net income
Diluted earnings
per common share

THREE MONTHS ENDED

SIX MONTHS ENDED

2016 Q2

2015 Q2

2016 Q2

2015 Q2

$1,670,113
$607,558
$322,749
$280,431

$1,650,783
$647,214
$380,603
$299,810

$3,246,723
$1,197,838
$655,206
$530,920

$3,161,353
$1,237,489
$726,057
$569,664

$1.55

$1.44

$2.91

$2.71

NET SALES REVENUE
Figures are shown
in $1,000s
H-D Motorcycles
Parts & Accessories
General Merchandise
Other
MOTORCYCLE SHIPMENT DATA
United States
Exports
Total H-D
PRODUCT MIX
Touring
Custom
Sportster
Total
RETAIL SALES OF H-D MOTORCYCLES:

United States
Canada
EMEA Region
Asia Pacific Region
Latin America Region
Total

AMERICAN MOTORCYCLE DEALER - SEPTEMBER 2016

THREE MONTHS ENDED

SIX MONTHS ENDED

2016 Q2

2015 Q2

2016 Q2

2015 Q2

$1,330,632
$258,208
$75,757
$5,516

$1,308,837
$256,840
$77,518
$7,588

$2,648,210
$441,913
$146,375
$10,225

$2,563,958
$440,712
$143,946
$12,737

NOTE: H-D MOTORCYLE SHIPMENT DATA IS NOT THE SAME AS RETAIL REGISTRATIONS

57,804
30,356
88,160

55,128
30,044
85,172

2016 Q2

2015 Q2

27,675
37,655
22,830
88,160

34,563
29,952
20,657
85,172

2016 Q2

2015 Q2

54,786
3,813
17,513
8,581
2,573
87,266

57,790
3,737
16,179
8,517
2,708
88,931

115,439
55,757
171,196

2016 Q2
66,172
64,584
40,440
171,196

2016 Q2
90,112
6,283
27,723
16,147
4,459
144,724

111,792
52,969
164,761

2015 Q2
73,360
53,348
38,053
164,761

2015 Q2
93,278
5,860
25,567
15,614
5,273
145,592

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