%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 742.6 m 561.5 742.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 740.6 m 561.5 740.6 l s BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 14.00 Tf ET q 0 0 0 rg BT 251.20 723.30 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 325.24 723.30 Td (A) Tj ET Q q 0 0 0 rg BT 334.31 723.30 Td (TES) Tj ET Q BT /F2 14.00 Tf ET q 0 0 0 rg BT 155.65 706.50 Td (SECURITIES ) Tj ET Q q 0 0 0 rg BT 243.19 706.50 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 231.40 692.10 Td (W) Tj ET Q q 0 0 0 rg BT 242.07 692.10 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 297.20 692.10 Td (ON, D. C. 20549) Tj ET Q BT /F2 16.00 Tf ET q 0 0 0 rg BT 262.65 667.90 Td (FORM 10-K) Tj ET Q /GS0 gs q 8.92 0 0 9.76 53.00 645.14 cm /I1 Do Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 83.00 646.77 Td (ANNUAL REPORT PURSUANT TO SECTION 13 OR 15\(d\) OF THE SECURITIES) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 83.00 634.82 Td (EXCHANGE ACT OF 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 615.70 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 84.00 615.70 Td (For) Tj ET Q q 0 0 0 rg BT 100.90 615.70 Td ( the fiscal year) Tj ET Q q 0 0 0 rg BT 168.82 615.70 Td ( ended: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.10 615.70 Td (December) Tj ET Q q 0 0 0 rg BT 253.54 615.70 Td (31, 2015) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 294.79 615.70 Td ( ) Tj ET Q /GS0 gs q 8.91 0 0 9.76 53.00 592.94 cm /I2 Do Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 83.00 594.57 Td (TRANSITION REPORT PURSUANT TO SECTION 13 OR 15\(d\) OF THE SECURITIES) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 83.00 582.62 Td (EXCHANGE ACT OF 1934) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 563.50 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 79.00 563.50 Td ( For) Tj ET Q q 0 0 0 rg BT 98.65 563.50 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 209.06 563.50 Td (om to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.63 563.50 Td () Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 231.35 545.30 Td (Commission file number) Tj ET Q q 0 0 0 rg BT 346.65 545.30 Td ( ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 349.40126953125 543.578564453125 m 380.56435546875 543.578564453125 l s q 0 0 0 rg BT 349.40 545.30 Td (1-9183) Tj ET Q BT /F2 16.00 Tf ET q 0 0 0 rg BT 230.65 521.10 Td (Harley-Davidson, Inc.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.60 511.50 Td (\(Exact name of r) Tj ET Q q 0 0 0 rg BT 274.55 511.50 Td (egistrant as specified in its charter\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 148.95 491.05 Td (Wisconsin) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 299.00 492.25 Td () Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.90 491.05 Td (39-1382325) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 134.75 480.08 Td (\(State of organization\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 299.00 479.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.35 480.08 Td (\(I.R.S. Employer Identification No.\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 112.20 466.05 Td (3700 ) Tj ET Q q 0 0 0 rg BT 136.75 466.05 Td (W) Tj ET Q q 0 0 0 rg BT 147.14 466.05 Td (est Juneau ) Tj ET Q q 0 0 0 rg BT 199.10 466.05 Td (A) Tj ET Q q 0 0 0 rg BT 206.23 466.05 Td (venue) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 120.30 455.10 Td (Milwaukee, ) Tj ET Q q 0 0 0 rg BT 177.54 455.10 Td (W) Tj ET Q q 0 0 0 rg BT 188.34 455.10 Td (isconsin) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 299.00 457.25 Td () Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 429.75 457.90 Td (53208) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 106.85 445.08 Td (\(Address of principal executive offices\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 299.00 444.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.05 445.08 Td (\(Zip code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.50 423.30 Td (Registrants telephone number: \(414\)342-4680) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 171.75 405.10 Td (Securities r) Tj ET Q q 0 0 0 rg BT 225.00 405.10 Td (egister) Tj ET Q q 0 0 0 rg BT 255.95 405.10 Td (ed pursuant to Section12\(b\) of the ) Tj ET Q q 0 0 0 rg BT 420.04 405.10 Td (Act:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 382.6 m 291.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 382.6 m 562.5 382.6 l s BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.20 384.70 Td (Title of each class) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.00 386.55 Td () Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.85 384.70 Td (Name of each exchange on which registered) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.60 373.17 Td (COMMON STOCK, $.01 PAR VALUE PER SHARE) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.00 372.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 373.17 Td (NEW YORK STOCK EXCHANGE) Tj ET Q BT /F1 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.80 350.90 Td (Securities r) Tj ET Q q 0 0 0 rg BT 208.05 350.90 Td (egister) Tj ET Q q 0 0 0 rg BT 239.00 350.90 Td (ed pursuant to Section12\(g\) of the ) Tj ET Q q 0 0 0 rg BT 402.48 350.90 Td (Act: NONE) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 337.10 Td (Indicate by check mark whether the registrant is a well-known seasoned issuer) Tj ET Q q 0 0 0 rg BT 356.29 337.10 Td (, as defined in Rule 405 of the Securities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 326.30 Td (Act.) Tj ET Q q 0 0 0 rg BT 73.91 326.30 Td (Y) Tj ET Q q 0 0 0 rg BT 79.51 326.30 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 91.51 324.36 cm /I3 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 99.53 326.30 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 124.03 324.36 cm /I4 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 312.50 Td (Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15\(d\) of the ) Tj ET Q q 0 0 0 rg BT 488.88 312.50 Td (Act. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 301.70 Td () Tj ET Q q 0 0 0 rg BT 58.67 301.70 Td (Y) Tj ET Q q 0 0 0 rg BT 64.26 301.70 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 76.26 299.76 cm /I5 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.28 301.70 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 108.78 299.76 cm /I6 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 287.90 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the Securities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 87.23 277.10 Td (Act of 1934 during the preceding 12 months and \(2\)has been subject to such requirements for the past 90 days.) Tj ET Q q 0 0 0 rg BT 497.05 277.10 Td (Y) Tj ET Q q 0 0 0 rg BT 502.65 277.10 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 514.65 275.16 cm /I7 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.67 277.10 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 547.17 275.16 cm /I8 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 263.30 Td (Indicate by check mark whether the registrant has submitted electronically and posted on its corporate ) Tj ET Q q 0 0 0 rg BT 443.46 263.30 Td (W) Tj ET Q q 0 0 0 rg BT 451.23 263.30 Td (eb site, if any) Tj ET Q q 0 0 0 rg BT 499.13 263.30 Td (, every ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 252.50 Td (Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T) Tj ET Q q 0 0 0 rg BT 399.51 252.50 Td ( \(232.405 of this chapter\) during the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 241.70 Td (preceding 12 months \(or for such shorter period that the registrant was required to submit and post such files\).) Tj ET Q q 0 0 0 rg BT 454.82 241.70 Td (Y) Tj ET Q q 0 0 0 rg BT 460.42 241.70 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 472.42 239.76 cm /I9 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.44 241.70 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 504.94 239.76 cm /I10 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 227.90 Td (Indicate by check mark if disclosure of delinquent filers pursuant to Item405 of Regulation S-K is not contained herein, and will not ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (be contained, to the best of the registrant) Tj ET Q q 0 0 0 rg BT 198.95 217.10 Td (s knowledge, in definitive proxy or information statements incorporated by reference in Part III of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 206.30 Td (this Form 10-K or any amendment to this Form10-K. ) Tj ET Q /GS0 gs q 8.02 0 0 9.18 250.73 204.36 cm /I11 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 192.50 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 265.00 192.50 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 333.09 192.50 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 405.67 192.50 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 490.25 192.50 Td (, or a smaller ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 181.70 Td (reporting company as defined in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 271.44 181.70 Td (Act \(check one\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 159.46 Td (Largeacceleratedfiler) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 159.46 Td () Tj ET Q /GS0 gs q 8.02 0 0 8.78 160.00 156.92 cm /I12 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 399.00 159.46 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.00 159.46 Td (Acceleratedfiler) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 159.46 Td () Tj ET Q /GS0 gs q 8.02 0 0 8.78 542.00 156.92 cm /I13 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 147.46 Td (Non-accelerated filer) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 147.46 Td () Tj ET Q /GS0 gs q 8.02 0 0 8.78 160.00 144.92 cm /I14 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 399.00 147.46 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.00 147.46 Td (Smallerreportingcompany) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 147.46 Td () Tj ET Q /GS0 gs q 8.02 0 0 8.78 542.00 144.92 cm /I15 Do Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 130.90 Td (Indicate by check mark whether the registrant is a shell company) Tj ET Q q 0 0 0 rg BT 307.33 130.90 Td (, as defined in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 462.78 130.90 Td (Act.) Tj ET Q q 0 0 0 rg BT 486.69 130.90 Td (Y) Tj ET Q q 0 0 0 rg BT 492.29 130.90 Td (es) Tj ET Q /GS0 gs q 8.02 0 0 9.18 504.29 128.96 cm /I16 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.31 130.90 Td (No) Tj ET Q /GS0 gs q 8.02 0 0 9.18 536.81 128.96 cm /I17 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 117.10 Td (Aggregate market value of the voting stock held by non-af) Tj ET Q q 0 0 0 rg BT 284.52 117.10 Td (filiates of the registrant at June 28, 2015: ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.23 117.10 Td ($1) Tj ET Q q 0 0 0 rg BT 442.90 117.10 Td (1,663,564,377) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 103.30 Td (Number of shares of the registrant) Tj ET Q q 0 0 0 rg BT 199.71 103.30 Td (s common stock outstanding at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.45 103.30 Td (January29, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.19 103.30 Td (: ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.94 103.30 Td (184,026,026) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.94 103.30 Td ( shares) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 215.20 87.10 Td (Documents Incorporated by Refer) Tj ET Q q 0 0 0 rg BT 376.00 87.10 Td (ence) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 73.30 Td (Part III of this report incorporates information by reference from registrant) Tj ET Q q 0 0 0 rg BT 343.90 73.30 Td (s Proxy Statement for the annual meeting of its shareholders ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 62.50 Td (to be held on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 98.49 62.50 Td (April30, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 151.24 62.50 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 47 m 561.5 47 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 45 m 561.5 45 l s BT /F1 10.00 Tf ET endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.90 742.25 Td (Harley-Davidson, Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.25 725.25 Td (Form 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.10 708.25 Td (For) Tj ET Q q 0 0 0 rg BT 236.47 708.25 Td ( ) Tj ET Q q 0 0 0 rg BT 238.79 708.25 Td (The ) Tj ET Q q 0 0 0 rg BT 257.58 708.25 Td (Y) Tj ET Q q 0 0 0 rg BT 263.70 708.25 Td (ear) Tj ET Q q 0 0 0 rg BT 277.39 708.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.19 708.25 Td (December) Tj ET Q q 0 0 0 rg BT 353.31 708.25 Td (31, 2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.81 708.25 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 697.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 659.95 m 538.5 659.95 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 663.90 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 663.90 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.75 664.03 Td (Page) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 650.68 Td (Part I) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 622.52 Td (Item 1.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 622.52 Td (Business) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 608.52 Td (Item1A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 608.52 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 594.52 Td (Item 1B.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 594.52 Td (Unresolved Staf) Tj ET Q q 0 0 0 rg BT 163.53 594.52 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 580.52 Td (Item 2.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 580.52 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 566.52 Td (Item 3.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 566.52 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 552.52 Td (Item 4.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 552.52 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 523.68 Td (Part II) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 485.62 Td (Item 5.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 495.52 Td (Market for Registrant) Tj ET Q q 0 0 0 rg BT 188.42 495.52 Td (s Common Equity) Tj ET Q q 0 0 0 rg BT 260.55 495.52 Td (, Related Stockholder Matters and Issuer Purchases of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 485.52 Td (Equity Securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 471.52 Td (Item 6.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 471.52 Td (Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.52 Td (Item 7.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 457.52 Td (Management) Tj ET Q q 0 0 0 rg BT 153.98 457.52 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 223.15 457.52 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 443.52 Td (Item 7A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 443.52 Td (Quantitative and Qualitative Disclosures about Market Risk) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 429.52 Td (Item 8.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 429.52 Td (Consolidated Financial Statements and Supplementary Data) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 415.52 Td (Item 9.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 415.52 Td (Changes in and Disagreements ) Tj ET Q q 0 0 0 rg BT 224.90 415.52 Td (W) Tj ET Q q 0 0 0 rg BT 233.94 415.52 Td (ith ) Tj ET Q q 0 0 0 rg BT 246.44 415.52 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 310.88 415.52 Td (Accounting and Financial Disclosure) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 401.52 Td (Item 9A.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 401.52 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 372.68 Td (Part III) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 344.52 Td (Item 10.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 344.52 Td (Directors, Executive Of) Tj ET Q q 0 0 0 rg BT 194.06 344.52 Td (ficers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 330.52 Td (Item 11.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 330.52 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 305.62 Td (Item 12.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 315.62 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 305.62 Td (Matters) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 291.52 Td (Item 13.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 291.52 Td (Certain Relationships and Related ) Tj ET Q q 0 0 0 rg BT 237.68 291.52 Td (T) Tj ET Q q 0 0 0 rg BT 243.43 291.52 Td (ransactions, and Director Independence) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 277.52 Td (Item 14.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 277.52 Td (Principal ) Tj ET Q q 0 0 0 rg BT 137.05 277.52 Td (Accountant Fees and Services) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 248.68 Td (Part IV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 220.52 Td (Item 15.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 220.52 Td (Exhibits and Financial Statements Schedules) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 191.52 Td (Signatures) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.00 622.52 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 608.52 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 594.52 Td (18) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 580.52 Td (18) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 566.52 Td (18) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 552.52 Td (19) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 485.62 Td (20) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 471.52 Td (23) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 457.52 Td (24) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 443.52 Td (46) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 429.52 Td (47) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 415.52 Td (107) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 401.52 Td (107) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 344.52 Td (108) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 330.52 Td (108) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 305.62 Td (108) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 291.52 Td (109) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.00 277.52 Td (109) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.35 220.52 Td (1) Tj ET Q q 0 0 0 rg BT 524.98 220.52 Td (10) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.35 191.52 Td (1) Tj ET Q q 0 0 0 rg BT 524.98 191.52 Td (12) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 730.10 Td (P) Tj ET Q q 0 0 0 rg BT 295.17 730.10 Td (AR) Tj ET Q q 0 0 0 rg BT 309.26 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 315.75 730.10 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Note r) Tj ET Q q 0 0 0 rg BT 76.75 709.10 Td (egarding forward-looking statements) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 235.07 713.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 692.10 Td (The Company intends that certain matters discussed by the Company are forward-looking statements intended to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 680.10 Td (qualify for the safe harbor from liability established by the Private Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 433.79 680.10 Td (Act of 1995. ) Tj ET Q q 0 0 0 rg BT 486.38 680.10 Td (These forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 668.10 Td (looking statements can generally be identified as such because the context statement will include words such as the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 656.10 Td (believes, anticipates, expects, plans, estimates, or words of similar meaning. Similarly) Tj ET Q q 0 0 0 rg BT 438.10 656.10 Td (, statements that describe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.10 Td (future plans, objectives, outlooks, tar) Tj ET Q q 0 0 0 rg BT 197.84 644.10 Td (gets, guidance or goals are also forward-looking statements. Such forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.10 Td (statements are subject to certain risks and uncertainties that could cause actual results to dif) Tj ET Q q 0 0 0 rg BT 415.25 632.10 Td (fer materially from those anticipated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 620.10 Td (as of the date of this report. Certain of such risks and uncertainties are described in close proximity to such statements or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.10 Td (elsewhere in this report, including under the caption Risk Factors in Item1A) Tj ET Q q 0 0 0 rg BT 365.20 608.10 Td ( of this report and under Cautionary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.10 Td (Statements in Item7 of this report. Shareholders, potential investors, and other readers are ur) Tj ET Q q 0 0 0 rg BT 426.09 596.10 Td (ged to consider these factors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.10 Td (evaluating the forward-looking statements and cautioned not to place undue reliance on such forward-looking statements. ) Tj ET Q q 0 0 0 rg BT 538.55 584.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.10 Td (forward-looking statements included in this report are made as of the date indicated or) Tj ET Q q 0 0 0 rg BT 394.76 572.10 Td (, if a date is not indicated, as of the date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.10 Td (of the filing of this report \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.20 560.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.80 560.10 Td (\), and the Company disclaims any obligation to publicly update such forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.10 Td (looking statements to reflect subsequent events or circumstances.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 527.10 Td (Item 1. ) Tj ET Q q 0 0 0 rg BT 108.50 527.10 Td ( ) Tj ET Q q 0 0 0 rg BT 113.00 527.10 Td (Business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 485.10 Td (Harley-Davidson Motor Company was founded in 1903. Harley-Davidson, Inc. was incorporated in 1981, at which time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (it purchased the Harley-Davidson) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 184.68 477.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.62 473.10 Td ( motorcycle business from ) Tj ET Q q 0 0 0 rg BT 297.37 473.10 Td (AMF Incorporated in a management buyout. In 1986, Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (Davidson, Inc. became publicly held. Unless the context otherwise requires, all references to the Company include Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.10 Td (Davidson, Inc. and all of its subsidiaries. Harley-Davidson, Inc. is the parent company for the groups of companies doing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.10 Td (business as Harley-Davidson Motor Company \(HDMC\) and Harley-Davidson Financial Services \(HDFS\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 410.70 Td (Segments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 389.70 Td (The Company operates in two reportable segments: the Motorcycles& Related Products \(Motorcycles\) segment and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 377.70 Td (Financial Services segment. ) Tj ET Q q 0 0 0 rg BT 164.23 377.70 Td (While the two segments are strategic business units that of) Tj ET Q q 0 0 0 rg BT 398.16 377.70 Td (fer dif) Tj ET Q q 0 0 0 rg BT 422.69 377.70 Td (ferent products and services and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 365.70 Td (are managed separately based on the fundamental dif) Tj ET Q q 0 0 0 rg BT 262.23 365.70 Td (ferences in their operations, the two segments work closely together as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 353.70 Td (described below) Tj ET Q q 0 0 0 rg BT 114.60 353.70 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 332.70 Td (The Motorcycles segment consists of HDMC which designs, manufactures and sells at wholesale on-road Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.70 Td (Davidson motorcycles as well as a line of motorcycle parts, accessories, general merchandise and related services. ) Tj ET Q q 0 0 0 rg BT 509.36 320.70 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.70 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 308.70 Td (s products are sold to retail customers through a network of independent dealers. ) Tj ET Q q 0 0 0 rg BT 416.39 308.70 Td (The Company conducts business on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.70 Td (a global basis, with sales in the ) Tj ET Q q 0 0 0 rg BT 176.09 296.70 Td (Americas, Europe/Middle East/Africa \(EMEA\) and ) Tj ET Q q 0 0 0 rg BT 384.36 296.70 Td (Asia-Pacific.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 275.70 Td (The Financial Services segment consists of HDFS which provides wholesale and retail financing and insurance and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.70 Td (insurance-related programs primarily to Harley-Davidson dealers and their retail customers. HDFS conducts business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.70 Td (principally in the United States and Canada.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 230.70 Td (See Note 19 of Notes to Consolidated Financial Statements for financial information related to the Company) Tj ET Q q 0 0 0 rg BT 511.40 230.70 Td (s reportable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.70 Td (segments and revenue by geographic area.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 197.70 Td (Strategy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 176.70 Td (Harley-Davidson's purpose of fulfilling dreams of personal freedom is the foundation for the Company's core strategies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.70 Td (which include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 152.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 152.70 Td (delivering high-demand, profitable products and premium retail experiences;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 140.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 140.70 Td (strengthening Harley-Davidson through agility and responsiveness to be a leader in the global marketplace;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 128.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 128.70 Td (extending the Harley-Davidson brand's reach beyond core customers and markets; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 116.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 116.70 Td (cultivating great talent, leadership and culture to enable a sustainable future.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 95.70 Td (Motor) Tj ET Q q 0 0 0 rg BT 77.03 95.70 Td (cycles and Related Pr) Tj ET Q q 0 0 0 rg BT 168.77 95.70 Td (oducts Segment) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 74.70 Td (Motor) Tj ET Q q 0 0 0 rg BT 98.63 74.70 Td (cycles, Parts and ) Tj ET Q q 0 0 0 rg BT 169.54 74.70 Td (Accessories and General Mer) Tj ET Q q 0 0 0 rg BT 288.31 74.70 Td (chandise) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.85 74.70 Td ( ) Tj ET Q q 0 0 0 rg BT 333.67 74.70 Td (The primary business of the Motorcycles segment is to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.70 Td (design, manufacture and sell at wholesale on-road Harley-Davidson motorcycles as well as a line of motorcycle parts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.70 Td (accessories, general merchandise and related services. Parts and ) Tj ET Q q 0 0 0 rg BT 307.67 50.70 Td (Accessories \(P&A\) products are comprised of replacement ) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (parts \(Genuine Motor Parts\) and mechanical and cosmetic accessories \(Genuine Motor ) Tj ET Q q 0 0 0 rg BT 399.05 742.10 Td (Accessories\). General Merchandise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (includes MotorClothes) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 141.38 734.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.32 730.10 Td ( apparel and riding gear) Tj ET Q q 0 0 0 rg BT 240.72 730.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 74.00 716.03 460.97 -9.09 re f /GS0 gs q 0 0 0 rg BT 74.00 709.10 Td (The following table includes the percent of total revenue by product line for the Motorcycles and Related Products ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 704.03 33.33 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 697.10 Td (segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.33 697.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 671.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.00 671.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 671.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 671.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 671.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 671.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 671.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 641.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 641.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 641.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 641.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 611.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.00 611.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 611.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 611.60 72.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 671.6 m 409 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 671.6 m 485 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 671.6 m 561 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 671.6 m 409 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 611.6 m 409 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 597.6 m 409 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 595.6 m 409 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 611.6 m 485 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 597.6 m 485 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 595.6 m 485 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 611.6 m 561 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 597.6 m 561 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 595.6 m 561 595.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.50 675.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 675.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.50 675.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 661.27 Td (Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 661.27 Td (77.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 661.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 661.27 Td (78.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 661.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.65 661.27 Td (77.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 661.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 646.27 Td (Parts & Accessories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 646.27 Td (16.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 646.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 646.27 Td (15.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 646.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.65 646.27 Td (16.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 646.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 631.27 Td (General Merchandise) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 631.27 Td (5.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 631.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 631.27 Td (5.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 631.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 631.27 Td (5.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 631.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 616.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 616.27 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 616.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 616.27 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 616.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 616.27 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 616.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 601.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 601.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 601.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 601.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 601.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 601.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 576.10 Td (Harley-Davidson manufactures cruiser and touring motorcycles that feature classic styling, innovative design, distinctive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (sound, and superior quality with the ability to customize. ) Tj ET Q q 0 0 0 rg BT 280.06 564.10 Td (The Company primarily produces on-road motorcycles with engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (displacements of 601cc and greater) Tj ET Q q 0 0 0 rg BT 190.50 552.10 Td (. Its engines range in displacement from 494cc to 1802cc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 531.10 Td (The on-road motorcycle market is comprised of the following categories:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 519.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 519.10 Td (Cruiser \(emphasizes styling and owner customization\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 507.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 507.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.01 507.10 Td (ouring \(emphasizes rider comfort and load capacity and incorporates features such as saddlebags, fairings, or lar) Tj ET Q q 0 0 0 rg BT 539.83 507.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 495.10 Td (luggage compartments\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 483.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 483.10 Td (Standard \(a basic motorcycle which usually features upright seating for one or two passengers\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 471.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 471.10 Td (Sportbike \(incorporates racing technology) Tj ET Q q 0 0 0 rg BT 253.51 471.10 Td (, aerodynamic styling, low handlebars with a sport riding position and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 459.10 Td (high performance tires\); and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 447.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 447.10 Td (Dual \(designed with the capability for use on public roads as well as for some of) Tj ET Q q 0 0 0 rg BT 407.28 447.10 Td (f-highway recreational use\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 426.10 Td (The cruiser and touring categories were pioneered by the Company) Tj ET Q q 0 0 0 rg BT 342.42 426.10 Td (. In 2014, the Company unveiled Project LiveW) Tj ET Q q 0 0 0 rg BT 534.47 426.10 Td (ire, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (an electric motorcycle it is developing and continues to evaluate for possible distribution.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 393.10 Td (Competition in the motorcycle markets in which the Company competes is based upon a number of factors, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (product capabilities and features, styling, price, quality) Tj ET Q q 0 0 0 rg BT 269.00 381.10 Td (, reliability) Tj ET Q q 0 0 0 rg BT 312.23 381.10 Td (, warranty) Tj ET Q q 0 0 0 rg BT 352.12 381.10 Td (, availability of financing, and quality of dealer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (network. ) Tj ET Q q 0 0 0 rg BT 87.59 369.10 Td (The Company believes its motorcycles continue to generally command a premium price at retail relative to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (competitors) Tj ET Q q 0 0 0 rg BT 99.80 357.10 Td ( motorcycles. ) Tj ET Q q 0 0 0 rg BT 155.99 357.10 Td (The Company emphasizes remarkable styling, customization, innovation, sound, quality) Tj ET Q q 0 0 0 rg BT 508.60 357.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (reliability in its products and generally of) Tj ET Q q 0 0 0 rg BT 215.33 345.10 Td (fers a two-year warranty for its motorcycles. ) Tj ET Q q 0 0 0 rg BT 395.63 345.10 Td (The Company considers the availability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.10 Td (of a line of motorcycle parts and accessories and general merchandise, the availability of financing through HDFS and its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (global network of premium dealers to be competitive advantages.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 300.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.83 300.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 300.10 Td (, the U.S. and European markets accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.19 300.10 Td (78%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.52 300.10 Td ( of the total annual independent dealer retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.10 Td (sales of new Harley-Davidson motorcycles. ) Tj ET Q q 0 0 0 rg BT 226.99 288.10 Td (The Company also competes in other markets around the world. ) Tj ET Q q 0 0 0 rg BT 485.91 288.10 Td (The most ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.10 Td (significant other markets for the Company) Tj ET Q q 0 0 0 rg BT 219.03 276.10 Td (, based on the Company's retail sales data, are Japan, ) Tj ET Q q 0 0 0 rg BT 432.15 276.10 Td (Australia and Canada.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 255.10 Td (Harley-Davidson has been the historical market share leader in the U.S. 601+cc motorcycle market. ) Tj ET Q q 0 0 0 rg BT 474.78 255.10 Td (According to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (Motorcycle Industry Council \(MIC\), the cruiser and touring categories accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.37 243.10 Td (76%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.70 243.10 Td ( of total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.31 243.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.31 243.10 Td ( 601+cc ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (retail unit registrations in the U.S. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.14 231.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.14 231.10 Td (, the 601+cc portion of the market represented approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.91 231.10 Td (85%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.24 231.10 Td ( of the total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (U.S. motorcycle market in terms of new units registered.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 198.10 Td (The following chart includes U.S. retail registration data for 601+cc motorcycles for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.29 198.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.29 198.10 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.40 198.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.40 198.10 Td (:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 224.85 177.10 Td (U.S. Motor) Tj ET Q q 0 0 0 rg BT 272.16 177.10 Td (cycle Registration Data) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 371.57 181.63 Td (\(a\)\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.40 165.10 Td (601+cc \(Units in thousands\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 142.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 142.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 142.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 142.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 112.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 112.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 112.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 112.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 112.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 112.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 112.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 142.60000000000002 m 409.5 142.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 142.60000000000002 m 485.5 142.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 142.60000000000002 m 562.5 142.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.00 146.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 146.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 146.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 132.27 Td (Total new motorcycle registrations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 132.27 Td (328.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 132.27 Td (313.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 132.27 Td (305.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 117.27 Td (Harley-Davidson new registrations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 117.27 Td (165.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 117.27 Td (167.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 117.27 Td (167.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 102.27 Td (50.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 102.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 102.27 Td (53.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 102.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 102.27 Td (54.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 102.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 74.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 74.10 Td (Data includes on-road 601+cc models. On-road 601+cc models include dual purpose models, three-wheeled vehicles and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 62.10 Td (beginning in 2014, autocycles. Registration data for Harley-Davidson Street 500) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 397.22 66.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 62.10 Td ( motorcycles is not included in this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 50.10 Td (table.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 742.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 742.10 Td (U.S. industry data is derived from information provided by Motorcycle Industry Council \(MIC\). ) Tj ET Q q 0 0 0 rg BT 462.88 742.10 Td (This third party data is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 730.10 Td (subject to revision and update. ) Tj ET Q q 0 0 0 rg BT 199.58 730.10 Td (The retail registration data for Harley-Davidson motorcycles presented in this table will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 718.10 Td (dif) Tj ET Q q 0 0 0 rg BT 86.28 718.10 Td (fer from the Harley-Davidson retail sales data presented in Item7 of this report. ) Tj ET Q q 0 0 0 rg BT 407.93 718.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 467.64 718.10 Td (s source for retail sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 706.10 Td (data in Item7 of this report is sales and warranty registrations provided by Harley-Davidson dealers as compiled by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 694.10 Td (Company) Tj ET Q q 0 0 0 rg BT 113.59 694.10 Td (. ) Tj ET Q q 0 0 0 rg BT 118.41 694.10 Td (The retail sales data in Item 7 includes sales of Street 500 motorcycles which are excluded from the 601+cc ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 682.10 Td (units included in the retail registration data in this table. In addition, small dif) Tj ET Q q 0 0 0 rg BT 384.82 682.10 Td (ferences may arise related to the timing of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 670.10 Td (data submissions to the independent sources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 649.10 Td (The European 601+cc motorcycle market is slightly lar) Tj ET Q q 0 0 0 rg BT 294.66 649.10 Td (ger than the U.S. market and customer preferences dif) Tj ET Q q 0 0 0 rg BT 510.51 649.10 Td (fer from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (those of U.S. customers. ) Tj ET Q q 0 0 0 rg BT 150.09 637.10 Td (The touring and cruiser category represented approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.93 637.10 Td (52%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.26 637.10 Td ( of the European 601+cc market in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 625.10 Td ( compared to approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.96 625.10 Td (76%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.29 625.10 Td ( of the 601+ cc market in the U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 604.10 Td (The following chart includes European retail registration data for 601+cc motorcycles for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.82 604.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.82 604.10 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.93 604.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.93 604.10 Td (:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.70 583.10 Td (Eur) Tj ET Q q 0 0 0 rg BT 229.19 583.10 Td (opean Motor) Tj ET Q q 0 0 0 rg BT 284.28 583.10 Td (cycle Registration Data) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 383.69 587.63 Td (\(a\)\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.40 571.10 Td (601+cc \(Units in thousands\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 548.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 548.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 548.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 548.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 518.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 518.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 518.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 518.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 548.6 m 409.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 548.6 m 485.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 548.6 m 562.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 548.6 m 409.5 548.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.00 552.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 552.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 552.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 538.27 Td (Total new motorcycle registrations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 538.27 Td (351.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 538.27 Td (319.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 538.27 Td (281.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 523.27 Td (Harley-Davidson new registrations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 523.27 Td (37.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 523.27 Td (38.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 523.27 Td (36.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 508.27 Td (10.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 508.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 508.27 Td (12.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 508.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 508.27 Td (12.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 508.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 480.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 480.10 Td (On-road 601+cc models include dual purpose models, three-wheeled vehicles and beginning in 2015, autocycles. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 468.10 Td (Registration data for Harley-Davidson Street 500) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 272.24 472.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.18 468.10 Td ( motorcycles is not included in this table.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 456.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 456.10 Td (Europe data includes retail sales in ) Tj ET Q q 0 0 0 rg BT 216.41 456.10 Td (Austria, Belgium, Denmark, Finland, France, Germany) Tj ET Q q 0 0 0 rg BT 436.82 456.10 Td (, Greece, Italy) Tj ET Q q 0 0 0 rg BT 492.81 456.10 Td (, Luxembour) Tj ET Q q 0 0 0 rg BT 544.28 456.10 Td (g, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 444.10 Td (Netherlands, Norway) Tj ET Q q 0 0 0 rg BT 160.23 444.10 Td (, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Industry retail motorcycle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 432.10 Td (registration data is derived from information provided by ) Tj ET Q q 0 0 0 rg BT 305.85 432.10 Td (Association des Constructeurs Europeens de Motocycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 420.10 Td (\(ACEM\), an independent agency) Tj ET Q q 0 0 0 rg BT 206.88 420.10 Td (. ) Tj ET Q q 0 0 0 rg BT 211.70 420.10 Td (This third party data is subject to revision and update. ) Tj ET Q q 0 0 0 rg BT 428.97 420.10 Td (The retail registration data for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 408.10 Td (Harley-Davidson motorcycles presented in this table will dif) Tj ET Q q 0 0 0 rg BT 317.05 408.10 Td (fer from the Harley-Davidson retail sales data presented in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 396.10 Td (Item7 of this report. ) Tj ET Q q 0 0 0 rg BT 160.15 396.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 219.86 396.10 Td (s source for retail sales data in Item7 of this report is sales and warranty registrations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 384.10 Td (provided by Harley-Davidson dealers as compiled by the Company) Tj ET Q q 0 0 0 rg BT 344.08 384.10 Td (. ) Tj ET Q q 0 0 0 rg BT 348.89 384.10 Td (The retail sales data in Item 7 includes sales of Street ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 372.10 Td (500 motorcycles which are excluded from the 601+cc units included in the retail registration data in this table. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 360.10 Td (addition, some dif) Tj ET Q q 0 0 0 rg BT 147.66 360.10 Td (ferences may arise related to the timing of data submissions to the independent sources.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 339.10 Td (Licensing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.89 339.10 Td ( ) Tj ET Q q 0 0 0 rg BT 122.71 339.10 Td (The Company creates an awareness of the Harley-Davidson brand among its customers and the non-riding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (public through a wide range of products for enthusiasts by licensing the name Harley-Davidson and other trademarks owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (by the Company) Tj ET Q q 0 0 0 rg BT 115.45 315.10 Td (. Royalty revenues from licensing, included in Motorcycles segment net revenue, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.51 315.10 Td ($46.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.40 315.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.40 315.10 Td ($47.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 303.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 303.10 Td ($58.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.22 303.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 303.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.00 303.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.00 303.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 303.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.44 303.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.44 303.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 302.10 303.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 282.10 Td (Other Pr) Tj ET Q q 0 0 0 rg BT 109.46 282.10 Td (oducts and Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.88 282.10 Td ( ) Tj ET Q q 0 0 0 rg BT 198.70 282.10 Td (The Company provides a variety of services to its independent dealers including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (motorcycle service and business management training programs and customized dealer software packages. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 249.10 Td (Patents and T) Tj ET Q q 0 0 0 rg BT 129.00 249.10 Td (rademarks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.78 249.10 Td ( ) Tj ET Q q 0 0 0 rg BT 181.60 249.10 Td (The Company strategically manages its portfolio of patents, trade secrets, copyrights, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.10 Td (trademarks and other intellectual property) Tj ET Q q 0 0 0 rg BT 217.06 237.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 216.10 Td (The Company and its subsidiaries own, and continue to obtain, patent rights that relate to its motorcycles and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (products and processes for their production. Certain technology-related intellectual property is also protected, where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (appropriate, by license agreements, confidentiality agreements or other agreements with suppliers, employees and other third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (parties. ) Tj ET Q q 0 0 0 rg BT 81.47 180.10 Td (The Company diligently protects its intellectual property) Tj ET Q q 0 0 0 rg BT 307.99 180.10 Td (, including patents and trade secrets, and its rights to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (innovative and proprietary technology and designs. ) Tj ET Q q 0 0 0 rg BT 257.27 168.10 Td (This protection, including enforcement, is important as the Company moves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.10 Td (forward with investments in new products, designs and technologies. ) Tj ET Q q 0 0 0 rg BT 328.38 156.10 Td (While the Company believes patents are important to its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.10 Td (business operations and in the aggregate constitute a valuable asset, the success of the business is not dependent on any one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.10 Td (patent or group of patents. ) Tj ET Q q 0 0 0 rg BT 157.57 132.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 217.28 132.10 Td (s active patent portfolio has an average age for patents of approximately seven and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (half years. ) Tj ET Q q 0 0 0 rg BT 93.59 120.10 Td (A) Tj ET Q q 0 0 0 rg BT 100.26 120.10 Td ( patent review committee manages the patent strategy and portfolio of the Company) Tj ET Q q 0 0 0 rg BT 435.62 120.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 99.10 Td (T) Tj ET Q q 0 0 0 rg BT 79.76 99.10 Td (rademarks are important to the Company) Tj ET Q q 0 0 0 rg BT 246.65 99.10 Td (s motorcycle business and licensing activities. ) Tj ET Q q 0 0 0 rg BT 433.38 99.10 Td (The Company has a vigorous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.10 Td (worldwide program of trademark registration and enforcement to maintain and strengthen the value of the trademarks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (prevent the unauthorized use of those trademarks. ) Tj ET Q q 0 0 0 rg BT 251.42 75.10 Td (The HARLEY) Tj ET Q q 0 0 0 rg BT 308.91 75.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 325.39 75.10 Td (VIDSON trademark and the Bar and Shield trademark are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.10 Td (each highly recognizable to the public and are very valuable assets. ) Tj ET Q q 0 0 0 rg BT 321.01 63.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 370.91 63.10 Td (, the Company uses numerous other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.10 Td (trademarks, trade names and logos which are registered worldwide. ) Tj ET Q q 0 0 0 rg BT 322.22 51.10 Td (The following are among the Company) Tj ET Q q 0 0 0 rg BT 482.46 51.10 Td (s trademarks: ) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 89.44 742.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 105.93 742.10 Td (VIDSON, H-D, HARLEY) Tj ET Q q 0 0 0 rg BT 210.74 742.10 Td (, the Bar& Shield Logo, MOT) Tj ET Q q 0 0 0 rg BT 333.88 742.10 Td (ORCLOTHES, the MotorClothes Logo, HARLEY) Tj ET Q q 0 0 0 rg BT 536.84 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (OWNERS GROUP) Tj ET Q q 0 0 0 rg BT 127.51 730.10 Td (, H.O.G., the H.O.G. Logo, SOFT) Tj ET Q q 0 0 0 rg BT 262.82 730.10 Td (AIL, SPOR) Tj ET Q q 0 0 0 rg BT 308.89 730.10 Td (TSTER and ) Tj ET Q q 0 0 0 rg BT 358.71 730.10 Td (V) Tj ET Q q 0 0 0 rg BT 365.01 730.10 Td (-ROD. ) Tj ET Q q 0 0 0 rg BT 394.27 730.10 Td (The HARLEY) Tj ET Q q 0 0 0 rg BT 451.76 730.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 468.25 730.10 Td (VIDSON trademark ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (has been used since 1903 and the Bar and Shield trademark since at least 1910. Substantially all of the Company) Tj ET Q q 0 0 0 rg BT 503.22 718.10 Td (s trademarks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (are owned by H-D U.S.A., LLC, a subsidiary of the Company) Tj ET Q q 0 0 0 rg BT 297.36 706.10 Td (, which also manages the Company) Tj ET Q q 0 0 0 rg BT 441.78 706.10 Td (s trademark strategy and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (portfolio.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 673.10 Td (Customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.78 673.10 Td ( Harley-Davidson appeals to a diverse range of customers across multiple demographics both in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 640.10 Td (U.S. retail purchasers of new Harley-Davidson motorcycles include both core and outreach customers. ) Tj ET Q q 0 0 0 rg BT 486.46 640.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (defines its U.S. core customers as Caucasian men over the age of 35 and its U.S. outreach customers as women \(Caucasian, age ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (35+\), young adults \(ages 18-34\), ) Tj ET Q q 0 0 0 rg BT 182.56 616.10 Td (African-American adults \(age 35+\), and Latino adults \(age 35+\). In 2014 \(which is the most ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (recent data available\), for the seventh straight year the Company was the market share leader in U.S. new motorcycle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (registrations \(all cc's\) within its core-customer segment and in each outreach customer segment. \(Based on the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (analysis of Polk new motorcycle registration data from IHS ) Tj ET Q q 0 0 0 rg BT 290.22 580.10 Td (Automotive\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 559.10 Td (Outside the U.S., the Company's definition of core and outreach customers varies depending on the profile of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (customers in each market. In general, the Company defines it core customers outside the U.S. as men over the age of 35 and its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (outreach customers outside the U.S. as women and young adults.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 514.10 Td (Marketing and Customer Experiences) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.91 514.10 Td ( ) Tj ET Q q 0 0 0 rg BT 235.73 514.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 295.44 514.10 Td (s products are marketed to retail customers worldwide primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (through digital and experiential activities as well as through more traditional promotional and advertising activities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 490.10 Td (, the Company's independent dealers engage in a wide range of local marketing and experiential activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (supported by cooperative programs with the Company) Tj ET Q q 0 0 0 rg BT 267.08 478.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 457.10 Td (Customer experiences have traditionally been at the center of much of the Company) Tj ET Q q 0 0 0 rg BT 413.33 457.10 Td (s marketing. ) Tj ET Q q 0 0 0 rg BT 465.08 457.10 Td (T) Tj ET Q q 0 0 0 rg BT 470.49 457.10 Td (o attract customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.10 Td (and achieve its goals, the Company participates in motorcycle rallies around the world and also in major motorcycle consumer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.10 Td (shows, racing activities, music festivals, mixed martial arts activities and other special promotional events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 412.10 Td (One of the ways the Company promotes its Harley-Davidson products and the related lifestyle is through the Harley ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.10 Td (Owners Group \(H.O.G.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 144.15 404.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.09 400.10 Td (\), which has approximately 1million members worldwide, is the industry) Tj ET Q q 0 0 0 rg BT 445.70 400.10 Td (s lar) Tj ET Q q 0 0 0 rg BT 462.46 400.10 Td (gest company-sponsored ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (motorcycle enthusiast or) Tj ET Q q 0 0 0 rg BT 148.13 388.10 Td (ganization. H.O.G.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 223.94 392.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.88 388.10 Td ( also sponsors many motorcycle events, including rallies and rides for Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.10 Td (Davidson motorcycle enthusiasts throughout the world.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 355.10 Td (The Company's Harley-Davidson) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 207.99 359.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.93 355.10 Td ( Riding ) Tj ET Q q 0 0 0 rg BT 244.61 355.10 Td (Academy of) Tj ET Q q 0 0 0 rg BT 293.57 355.10 Td (fers a series of rider education experiences that provide both new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (and experienced riders with deeper engagement in the sport of motorcycling by teaching basic and advanced motorcycling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (skills and knowledge. Since its inception, the program has trained more than 445,000 riders. ) Tj ET Q q 0 0 0 rg BT 420.85 331.10 Td (The courses are conducted by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (network of participating Harley-Davidson dealerships throughout the U.S., Canada, South ) Tj ET Q q 0 0 0 rg BT 412.15 319.10 Td (Africa, China, ) Tj ET Q q 0 0 0 rg BT 471.02 319.10 Td (Australia, Mexico and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (Brazil, enabling students to experience the Harley-Davidson lifestyle, environment, people and products as they learn.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 286.10 Td (The Harley-Davidson ) Tj ET Q q 0 0 0 rg BT 162.86 286.10 Td (Authorized ) Tj ET Q q 0 0 0 rg BT 210.17 286.10 Td (T) Tj ET Q q 0 0 0 rg BT 215.58 286.10 Td (ours program allows motorcyclists/enthusiasts to experience riding opportunities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (worldwide. Riders can also rent Harley-Davidson motorcycles worldwide from participating dealers through the Company) Tj ET Q q 0 0 0 rg BT 543.20 274.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (Authorized Rentals Program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 241.10 Td (The Company operates the Harley-Davidson Museum \(Museum\) in Milwaukee, ) Tj ET Q q 0 0 0 rg BT 397.08 241.10 Td (W) Tj ET Q q 0 0 0 rg BT 406.11 241.10 Td (isconsin. ) Tj ET Q q 0 0 0 rg BT 443.71 241.10 Td (The Museum is a unique ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (destination that the Company believes builds and strengthens bonds between riders and Harley-Davidson and enhances the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (Harley-Davidson brand among the public at lar) Tj ET Q q 0 0 0 rg BT 238.65 217.10 Td (ge. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 196.10 Td (Distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.90 196.10 Td ( ) Tj ET Q q 0 0 0 rg BT 132.72 196.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 192.43 196.10 Td (s products are retailed through a network of independent dealers, of which the majority sell ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (Harley-Davidson motorcycles exclusively) Tj ET Q q 0 0 0 rg BT 217.63 184.10 Td (. ) Tj ET Q q 0 0 0 rg BT 222.45 184.10 Td (These dealerships stock and sell the Company) Tj ET Q q 0 0 0 rg BT 409.63 184.10 Td (s motorcycles, P&A, general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (merchandise and licensed products, and perform service on Harley-Davidson motorcycles. ) Tj ET Q q 0 0 0 rg BT 414.69 172.10 Td (The Company believes the quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (retail experience that its independent dealers provide is a dif) Tj ET Q q 0 0 0 rg BT 290.56 160.10 Td (ferentiating and strategic advantage for the Company) Tj ET Q q 0 0 0 rg BT 502.60 160.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 139.10 Td (P&A, general merchandise and licensed products are also retailed through eCommerce channels in certain markets. In the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (U.S., the eCommerce model is facilitated by the Company) Tj ET Q q 0 0 0 rg BT 282.91 127.10 Td (. Retail internet orders are fulfilled and shipped by the Company) Tj ET Q q 0 0 0 rg BT 540.24 127.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td (which acts as a limited agent for participating authorized U.S. Harley-Davidson dealers who are the merchant of record for all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.10 Td (transactions. In China and India, the eCommerce sites are operated by third-parties.) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The Company distributes its motorcycles and related products to a network of independent dealers located in over 95 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (countries worldwide. ) Tj ET Q q 0 0 0 rg BT 136.74 730.10 Td (The following table includes the number of worldwide Harley-Davidson independent dealerships by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (geographic region as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.63 718.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.21 718.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.60 154.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 683.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 683.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 683.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 683.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 683.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 683.60 43.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 695.6 m 266.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 695.6 m 270.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 695.6 m 321.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 695.6 m 325.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 695.6 m 384.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 683.6 m 266.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 683.6 m 321.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 683.6 m 384.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 683.6 m 440.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 683.6 m 495.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 683.6 m 542.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 683.6 m 266.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 683.6 m 321.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 683.6 m 440.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 683.6 m 495.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 683.6 m 542.5 683.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 699.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.75 699.68 Td (AmericasRegion) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.20 695.83 Td (EMEA) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.00 687.83 Td (Region) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.05 695.83 Td (Asia-Pacific) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.50 687.83 Td (Region) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.75 687.83 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 687.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 214.20 687.68 Td (UnitedStates) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.15 687.68 Td (Canada) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.70 687.68 Td (Latin America) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 673.27 Td (Dealerships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.65 673.27 Td (696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 673.27 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 673.27 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 673.27 Td (378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 673.27 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.10 673.27 Td (1,435) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 648.10 Td (Retail Customer and Dealer Financing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.65 648.10 Td ( ) Tj ET Q q 0 0 0 rg BT 240.46 648.10 Td (The Company believes that HDFS, as well as other financial services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.10 Td (companies, provide adequate financing to Harley-Davidson dealers and their retail customers. HDFS provides financing to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td (Harley-Davidson independent dealers and the retail customers of those dealers in the U.S. and Canada. ) Tj ET Q q 0 0 0 rg BT 463.57 624.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 523.29 624.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (independent dealers and their retail customers in EMEA, ) Tj ET Q q 0 0 0 rg BT 279.10 612.10 Td (Asia-Pacific and Latin ) Tj ET Q q 0 0 0 rg BT 371.01 612.10 Td (America are not directly financed by HDFS, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (but have access to financing through other established financial services companies, some of which have licensing or branding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (agreements with the Company) Tj ET Q q 0 0 0 rg BT 171.26 588.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 567.10 Td (Seasonality) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.10 567.10 Td ( ) Tj ET Q q 0 0 0 rg BT 129.92 567.10 Td (The timing of retail sales made by the Company) Tj ET Q q 0 0 0 rg BT 325.43 567.10 Td (s independent dealers tracks closely with regional riding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.10 Td (seasons. ) Tj ET Q q 0 0 0 rg BT 85.37 555.10 Td (The seasonality of the Company) Tj ET Q q 0 0 0 rg BT 217.56 555.10 Td (s wholesale motorcycle shipments primarily correlates with the timing of retail sales. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.10 Td (The Company utilizes its flexible or sur) Tj ET Q q 0 0 0 rg BT 208.68 543.10 Td (ge manufacturing capabilities to help align the production and wholesale shipments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.10 Td (its motorcycles with the retail selling season. ) Tj ET Q q 0 0 0 rg BT 232.00 531.10 Td (This allows the Company to minimize inventory levels in the ) Tj ET Q q 0 0 0 rg BT 478.63 531.10 Td (Americas region. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.10 Td (the EMEA) Tj ET Q q 0 0 0 rg BT 92.50 519.10 Td ( and ) Tj ET Q q 0 0 0 rg BT 111.38 519.10 Td (Asia Pacific regions, the Company utilizes a distribution process whereby Company-owned inventory is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.10 Td (maintained locally at a level suf) Tj ET Q q 0 0 0 rg BT 177.27 507.10 Td (ficient to fulfill dealer orders as needed. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 486.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 98.63 486.10 Td (cycle Manufacturing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.66 486.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 191.57 493.03 342.87 -9.10 re f /GS0 gs q 0 0 0 rg BT 191.48 486.10 Td (The Company has a flexible manufacturing process designed to help ensure it is well-) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 481.03 300.56 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 474.10 Td (positioned to meet customer demand in a timely and cost-ef) Tj ET Q q 0 0 0 rg BT 288.92 474.10 Td (fective manner) Tj ET Q q 0 0 0 rg BT 348.06 474.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 350.56 485.56 7.58 -9.09 re f /GS0 gs BT /F1 6.50 Tf ET q 0 0 0 rg BT 350.56 478.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 358.13 481.03 193.19 -9.09 re f /GS0 gs q 0 0 0 rg BT 358.13 474.10 Td ( ) Tj ET Q q 0 0 0 rg BT 360.45 474.10 Td (This flexible or sur) Tj ET Q q 0 0 0 rg BT 436.65 474.10 Td (ge manufacturing capability ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 469.03 485.97 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 462.10 Td (allows the Company to increase the production of motorcycles ahead of and during the peak retail selling season to more ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 457.03 377.12 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 450.10 Td (closely correlate the timing of production and wholesale shipments to the retail selling season.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 429.10 Td (Most of the Company's manufacturing facilities are located in the U.S. Internationally) Tj ET Q q 0 0 0 rg BT 417.00 429.10 Td (, the Company operates a CKD ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.10 Td (\(Complete Knock Down\) assembly facility in Brazil, which assembles motorcycles sold in Brazil from component kits sourced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.10 Td (from the Company) Tj ET Q q 0 0 0 rg BT 128.32 405.10 Td (s U.S. plants and its suppliers.) Tj ET Q q 0 0 0 rg BT 251.20 405.10 Td (The Company also operates a manufacturing facility in India, which includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.10 Td (both CKD assembly of certain motorcycles for sale in India and production of the Company) Tj ET Q q 0 0 0 rg BT 421.02 393.10 Td (s Street motorcycles for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (distribution to markets outside of North ) Tj ET Q q 0 0 0 rg BT 210.54 381.10 Td (America.Like its U.S. manufacturing facilities, the Company) Tj ET Q q 0 0 0 rg BT 459.64 381.10 Td (s Brazil and India ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (operations are focused on driving world-class performance with flexible or sur) Tj ET Q q 0 0 0 rg BT 364.16 369.10 Td (ge production processes to meet customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (demands at reduced lead times. ) Tj ET Q q 0 0 0 rg BT 177.55 357.10 Td (The Company also operates a manufacturing facility in ) Tj ET Q q 0 0 0 rg BT 399.70 357.10 Td (Australia for the purpose of producing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (certain complex, high-finish wheels for its motorcycles.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 324.10 Td (Raw Materials and Pur) Tj ET Q q 0 0 0 rg BT 167.79 324.10 Td (chased Components) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.06 324.10 Td ( ) Tj ET Q q 0 0 0 rg BT 257.88 324.10 Td (The Company continues to establish and reinforce long-term, mutually ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.10 Td (beneficial relationships with its suppliers. ) Tj ET Q q 0 0 0 rg BT 218.68 312.10 Td (Through these collaborative relationships, the Company gains access to technical and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.10 Td (commercial resources for application directly to product design, development and manufacturing initiatives. In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.10 Td (through a continued focus on collaboration and strong supplier relationships, the Company believes it will be positioned to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.10 Td (achieve strategic objectives and deliver cost and quality improvement over the long-term) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 405.71 280.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.29 276.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 255.10 Td (The Company's principal raw materials that are purchased include steel and aluminum castings, for) Tj ET Q q 0 0 0 rg BT 470.49 255.10 Td (gings, steel sheets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (coils and bars. ) Tj ET Q q 0 0 0 rg BT 109.80 243.10 Td (The Company also purchases certain motorcycle components, including, but not limited to, electronic fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (injection systems, batteries, certain wheels, tires, seats, electrical components and instruments. ) Tj ET Q q 0 0 0 rg BT 430.54 231.10 Td (The Company closely monitors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (the overall viability of its supply base. ) Tj ET Q q 0 0 0 rg BT 204.98 219.10 Td (At this time, the Company does not anticipate dif) Tj ET Q q 0 0 0 rg BT 401.70 219.10 Td (ficulties in obtaining raw materials or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.10 Td (components) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 98.33 211.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.90 207.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 186.10 Td (Resear) Tj ET Q q 0 0 0 rg BT 101.40 186.10 Td (ch and Development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.59 186.10 Td ( ) Tj ET Q q 0 0 0 rg BT 193.41 186.10 Td (The Company incurred research and development expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.98 186.10 Td ($161.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.87 186.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.87 186.10 Td ($138.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 174.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 174.10 Td ($152.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.22 174.10 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.33 174.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.33 174.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.33 174.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.33 174.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.77 174.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.77 174.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 325.43 174.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 153.10 Td (Regulation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.88 153.10 Td ( International, federal, state and local authorities have various environmental control requirements relating to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (air) Tj ET Q q 0 0 0 rg BT 60.15 141.10 Td (, water and noise that af) Tj ET Q q 0 0 0 rg BT 155.48 141.10 Td (fect the business and operations of the Company) Tj ET Q q 0 0 0 rg BT 348.96 141.10 Td (. ) Tj ET Q q 0 0 0 rg BT 353.77 141.10 Td (The Company strives to ensure that its facilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.10 Td (products comply with all applicable environmental regulations and standards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 108.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 108.10 Td (s motorcycles that are sold in the United States are subject to certification by the U.S. Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 93.05 96.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 140.73 96.10 Td (A\) and the California ) Tj ET Q q 0 0 0 rg BT 227.93 96.10 Td (Air Resources Board \(CARB\) for compliance with applicable emissions and noise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (standards. Harley-Davidson motorcycle products are designed to comply with EP) Tj ET Q q 0 0 0 rg BT 375.11 84.10 Td (A) Tj ET Q q 0 0 0 rg BT 381.78 84.10 Td ( and CARB standards and the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td (believes it will comply with future requirements when they go into ef) Tj ET Q q 0 0 0 rg BT 327.25 72.10 Td (fect) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 342.24 76.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.81 72.10 Td (. ) Tj ET Q q 0 0 0 rg BT 354.26 72.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 404.16 72.10 Td (, the Company) Tj ET Q q 0 0 0 rg BT 465.55 72.10 Td (s motorcycle products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (must comply with the motorcycle emissions, noise and safety standards of Canada, the European Union, Japan, Brazil and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.10 Td (certain other foreign markets where they are sold, and the Company believes its products currently comply with those ) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (standards. Because the Company expects that environmental standards will become more stringent over time, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (will continue to incur research, development and production costs in this area for the foreseeable future) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 463.18 734.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.76 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 130.28 709.10 Td (, as a manufacturer of motorcycle products, is subject to the U.S. National ) Tj ET Q q 0 0 0 rg BT 428.63 709.10 Td (T) Tj ET Q q 0 0 0 rg BT 434.39 709.10 Td (raf) Tj ET Q q 0 0 0 rg BT 445.30 709.10 Td (fic and Motor ) Tj ET Q q 0 0 0 rg BT 502.61 709.10 Td (V) Tj ET Q q 0 0 0 rg BT 508.72 709.10 Td (ehicle Safety ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (Act, which is administered by the U.S. National Highway ) Tj ET Q q 0 0 0 rg BT 283.11 697.10 Td (T) Tj ET Q q 0 0 0 rg BT 288.87 697.10 Td (raf) Tj ET Q q 0 0 0 rg BT 299.79 697.10 Td (fic Safety ) Tj ET Q q 0 0 0 rg BT 340.33 697.10 Td (Administration \(NHTSA\). ) Tj ET Q q 0 0 0 rg BT 448.19 697.10 Td (The Company has certified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (to NHTSA) Tj ET Q q 0 0 0 rg BT 93.06 685.10 Td ( that its motorcycle products comply fully with all applicable federal motor vehicle safety standards and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (regulations. ) Tj ET Q q 0 0 0 rg BT 99.25 673.10 Td (The Company has from time to time initiated certain voluntary recalls. During the last three years, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (has initiated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.10 661.10 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.10 661.10 Td ( voluntary recalls related to Harley-Davidson motorcycles at a total cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.10 661.10 Td ($58.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.00 661.10 Td (. ) Tj ET Q q 0 0 0 rg BT 470.82 661.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (reserves for all estimated costs associated with recalls in the period that management approves and commits to the recall.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 628.10 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.32 628.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.76 628.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.21 628.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.79 628.10 Td (, the Motorcycles segment had approximately 5,700 employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.10 604.10 Td (Approximately 2,400 unionized employees at the manufacturing facilities are represented as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.10 592.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 592.10 Td (Y) Tj ET Q q 0 0 0 rg BT 91.82 592.10 Td (ork, Pennsylvania - represented by International ) Tj ET Q q 0 0 0 rg BT 285.93 592.10 Td (Association of Machinist and ) Tj ET Q q 0 0 0 rg BT 405.36 592.10 Td (Aerospace ) Tj ET Q q 0 0 0 rg BT 449.87 592.10 Td (W) Tj ET Q q 0 0 0 rg BT 458.51 592.10 Td (orkers \(IAM\), and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 580.10 Td (collective bar) Tj ET Q q 0 0 0 rg BT 139.56 580.10 Td (gaining agreement will expire on October 15, 2022 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.10 568.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 568.10 Td (Kansas City) Tj ET Q q 0 0 0 rg BT 133.56 568.10 Td (, Missouri - represented by United Steelworkers of ) Tj ET Q q 0 0 0 rg BT 338.24 568.10 Td (America \(USW\), and IAM and the respective collective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 556.10 Td (bar) Tj ET Q q 0 0 0 rg BT 98.19 556.10 Td (gaining agreements will expire on July 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.10 544.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 544.10 Td (Menomonee Falls, ) Tj ET Q q 0 0 0 rg BT 162.35 544.10 Td (W) Tj ET Q q 0 0 0 rg BT 171.39 544.10 Td (isconsin - represented by USW) Tj ET Q q 0 0 0 rg BT 294.89 544.10 Td (, and IAM and the respective collective bar) Tj ET Q q 0 0 0 rg BT 467.41 544.10 Td (gaining agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 532.10 Td (will expire on March 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.10 520.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 520.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.01 520.10 Td (omahawk, ) Tj ET Q q 0 0 0 rg BT 134.71 520.10 Td (W) Tj ET Q q 0 0 0 rg BT 143.74 520.10 Td (isconsin - represented by USW) Tj ET Q q 0 0 0 rg BT 267.24 520.10 Td (, and the collective bar) Tj ET Q q 0 0 0 rg BT 357.85 520.10 Td (gaining agreement will expire on March 31, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (Financial Services Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 478.10 Td (HDFS is engaged in the business of financing and servicing wholesale inventory receivables and retail consumer loans, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (primarily for the purchase of Harley-Davidson motorcycles. HDFS is an agent for certain unaf) Tj ET Q q 0 0 0 rg BT 427.48 466.10 Td (filiated insurance companies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (providing motorcycle insurance and protection products to motorcycle owners. HDFS conducts business principally in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (United States and Canada. ) Tj ET Q q 0 0 0 rg BT 157.85 442.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 217.56 442.10 Td (s independent dealers and their retail customers in EMEA, ) Tj ET Q q 0 0 0 rg BT 453.05 442.10 Td (Asia-Pacific and Latin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (America are not financed by HDFS, but have access to financing through other third-party financial institutions, some of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (have licensing or branding agreements with the Company or HDFS.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 397.10 Td (Wholesale Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.85 397.10 Td ( HDFS provides wholesale financial services to Harley-Davidson dealers, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (floorplan and open account financing of motorcycles and motorcycle parts and accessories. HDFS of) Tj ET Q q 0 0 0 rg BT 453.58 385.10 Td (fers wholesale financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (services to Harley-Davidson dealers in the United States and Canada, and during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.74 373.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.74 373.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.74 373.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.07 373.10 Td ( of such dealers utilized those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (services at some point during the year) Tj ET Q q 0 0 0 rg BT 201.07 361.10 Td (. HDFS also previously of) Tj ET Q q 0 0 0 rg BT 305.61 361.10 Td (fered financial services to the Harley-Davidson distributor in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (Canada. ) Tj ET Q q 0 0 0 rg BT 84.80 349.10 Td (The wholesale finance operations of HDFS are located in Plano, ) Tj ET Q q 0 0 0 rg BT 344.27 349.10 Td (T) Tj ET Q q 0 0 0 rg BT 349.68 349.10 Td (exas.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 328.10 Td (Retail Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.08 328.10 Td ( HDFS provides retail financing to consumers, consisting primarily of installment lending for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (the purchase of new and used Harley-Davidson motorcycles. HDFS) Tj ET Q q 0 0 0 rg BT 323.91 316.10 Td ( retail financial services are available through most Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (Davidson dealerships in the United States and Canada. HDFS) Tj ET Q q 0 0 0 rg BT 299.49 304.10 Td ( retail finance operations are principally located in Carson City) Tj ET Q q 0 0 0 rg BT 550.70 304.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (Nevada and Plano, ) Tj ET Q q 0 0 0 rg BT 127.57 292.10 Td (T) Tj ET Q q 0 0 0 rg BT 132.98 292.10 Td (exas.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 271.10 Td (Insurance Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.81 271.10 Td ( HDFS operates as an agent for certain unaf) Tj ET Q q 0 0 0 rg BT 332.06 271.10 Td (filiated insurance companies of) Tj ET Q q 0 0 0 rg BT 457.11 271.10 Td (fering point-of-sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (protection products through most Harley-Davidson dealers in both the U.S. and Canada, including motorcycle insurance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (extended service contracts, credit protection and motorcycle maintenance protection. HDFS also direct-markets motorcycle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (insurance and extended service contracts to owners of Harley-Davidson motorcycles. In addition, HDFS markets a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (comprehensive package of business insurance coverages and services to owners of Harley-Davidson dealerships. ) Tj ET Q q 0 0 0 rg BT 504.11 223.10 Td (The HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (insurance operations are located in Carson City) Tj ET Q q 0 0 0 rg BT 238.74 211.10 Td (, Nevada and Chicago, Illinois.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 362.87 211.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 190.10 Td (Licensing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.39 190.10 Td () Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 120.39 190.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.89 190.10 Td (HDFS has licensing arrangements with third-party financial institutions that issue credit cards bearing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Harley-Davidson brand. Internationally) Tj ET Q q 0 0 0 rg BT 207.35 178.10 Td (, HDFS licenses the Harley-Davidson brand to local third-party financial institutions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (that of) Tj ET Q q 0 0 0 rg BT 75.64 166.10 Td (fer products to the Company) Tj ET Q q 0 0 0 rg BT 192.84 166.10 Td (s retail customers such as financing and insurance. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 145.10 Td (Funding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.89 145.10 Td ( ) Tj ET Q q 0 0 0 rg BT 117.71 145.10 Td (The Company believes a diversified and cost ef) Tj ET Q q 0 0 0 rg BT 307.74 145.10 Td (fective funding strategy is important to meet HDFS) Tj ET Q q 0 0 0 rg BT 516.12 145.10 Td ( goal of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.10 Td (providing credit while delivering appropriate returns and profitability) Tj ET Q q 0 0 0 rg BT 326.77 133.10 Td (. Financial Services operations have been funded with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (unsecured debt, unsecured commercial paper) Tj ET Q q 0 0 0 rg BT 229.79 121.10 Td (, asset-backed commercial paper conduit facilities, committed unsecured bank ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (facilities, term asset-backed securitizations and intercompany borrowings. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 88.10 Td (Competition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.44 88.10 Td ( ) Tj ET Q q 0 0 0 rg BT 133.26 88.10 Td (The Company regards its ability to of) Tj ET Q q 0 0 0 rg BT 283.05 88.10 Td (fer a package of wholesale and retail financial services in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (and Canada as a significant competitive advantage. ) Tj ET Q q 0 0 0 rg BT 256.59 76.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 306.49 76.10 Td (, as the predominant lender to sub-prime customers for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (purchase of motorcycles in the U.S. and Canada, HDFS enables retail sales of Harley-Davidson motorcycles with very ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.10 Td (attractive financial returns. Competitors in the financial services industry compete for business based lar) Tj ET Q q 0 0 0 rg BT 466.91 52.10 Td (gely on price and, to a ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (lesser extent, service. HDFS competes on convenience, service, brand association, dealer relations, industry experience, terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (In the United States, HDFS financed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.14 709.10 Td (62.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.97 709.10 Td ( of the new Harley-Davidson motorcycles retailed by independent dealers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.61 697.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.61 697.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.81 697.10 Td (56.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.64 697.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.42 697.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.42 697.10 Td (. In Canada, HDFS financed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.22 697.10 Td (39.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.05 697.10 Td ( of the new Harley-Davidson motorcycles retailed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (by independent dealers during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.30 685.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.30 685.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.50 685.10 Td (34.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.33 685.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.11 685.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.11 685.10 Td (. Competitors for retail motorcycle finance business are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (primarily banks, credit unions and other financial institutions. In the motorcycle insurance business, competition primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (comes from national insurance companies and from insurance agencies serving local or regional markets. For insurance-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (products such as extended service contracts, HDFS faces competition from certain regional and national industry participants as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (well as dealer in-house programs. Competition for the wholesale motorcycle finance business primarily consists of banks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (other financial institutions providing wholesale financing to Harley-Davidson dealers in their local markets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 604.10 Td (T) Tj ET Q q 0 0 0 rg BT 79.01 604.10 Td (rademarks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.78 604.10 Td ( HDFS uses various trademarks and trade names for its financial services and products which are licensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (from H-D U.S.A., LLC, including HARLEY) Tj ET Q q 0 0 0 rg BT 228.32 592.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 244.80 592.10 Td (VIDSON, H-D and the Bar& Shield logo.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 571.10 Td (Seasonality) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.10 571.10 Td ( HDFS experiences seasonal variations in retail financing activities based on the timing of regional riding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (seasons in the U.S. and Canada. In general, from mid-March through ) Tj ET Q q 0 0 0 rg BT 327.99 559.10 Td (August, retail financing volume is greatest. HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (wholesale financing volume is af) Tj ET Q q 0 0 0 rg BT 182.00 547.10 Td (fected by inventory levels at Harley-Davidson dealers. ) Tj ET Q q 0 0 0 rg BT 401.92 547.10 Td (Although the Company's sur) Tj ET Q q 0 0 0 rg BT 516.04 547.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (production capabilities help reduce seasonal fluctuations in dealer inventory levels for new motorcycles, dealers generally have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (higher inventory levels of new and used motorcycles in the late fall and winter than during the spring and summer riding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (season. ) Tj ET Q q 0 0 0 rg BT 81.11 511.10 Td (As a result, wholesale financing volume is higher during fall and winter as compared to the rest of the year) Tj ET Q q 0 0 0 rg BT 507.65 511.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 490.10 Td (Regulation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.88 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 127.70 490.10 Td (The operations of HDFS \(both U.S. and foreign\) are subject, in certain instances, to supervision and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (regulation by state and federal administrative agencies and various foreign governmental authorities. Many of the statutory and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (regulatory requirements imposed by such entities are in place to provide consumer protection as it pertains to the selling and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (ongoing servicing of financial products and services. ) Tj ET Q q 0 0 0 rg BT 263.65 454.10 Td (Therefore, operations may be subject to various regulations, laws and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (judicial and/or administrative decisions imposing requirements and restrictions, which among other things: \(a\)regulate credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (granting activities, including establishing licensing requirements, in applicable jurisdictions; \(b\)establish maximum interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (rates, finance char) Tj ET Q q 0 0 0 rg BT 122.83 418.10 Td (ges and other char) Tj ET Q q 0 0 0 rg BT 195.67 418.10 Td (ges; \(c\)regulate customers) Tj ET Q q 0 0 0 rg BT 305.71 418.10 Td ( insurance coverage; \(d\)require disclosure of credit and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (insurance terms to customers; \(e\)govern secured transactions; \(f\)set collection, foreclosure, repossession and claims handling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (procedures and other trade practices; \(g\)prohibit discrimination in the extension of credit and administration of loans; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (\(h\)regulate the use and reporting of information related to a borrower; \(i\)require certain periodic reporting; \(j\)govern the use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (and protection of non-public personal information; \(k\)regulate the use of information reported to the credit reporting agencies; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (\(l\)regulate the reporting of information to the credit reporting agencies; and/or \(m\)regulate insurance solicitation and sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (practices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 325.10 Td (Depending on the provisions of the applicable laws and regulations, the interpretation of laws and regulations and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (specific facts and circumstances involved, violations of or non-compliance with these laws may limit the ability of HDFS to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (collect all or part of the principal or interest on applicable loans. In addition, these violations or non-compliance may entitle the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (borrower to rescind the loan or to obtain a refund of amounts previously paid, could subject HDFS to the payment of damages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (or penalties and administrative sanctions, including cease and desist orders, and could limit the number of loans eligible for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (HDFS securitization programs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 244.10 Td (Such regulatory requirements and associated supervision could limit the discretion of HDFS in operating its business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (Noncompliance with applicable statutes or regulations could result in the suspension or revocation of any charter) Tj ET Q q 0 0 0 rg BT 501.41 232.10 Td (, license or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (registration at issue, as well as the imposition of civil fines, criminal penalties and administrative sanctions. ) Tj ET Q q 0 0 0 rg BT 482.22 220.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (cannot assure that the applicable laws or regulations will not be amended or construed in ways that are adverse to HDFS, that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (new laws or regulations will not be adopted in the future, or that laws or regulations will not attempt to limit the interest rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (char) Tj ET Q q 0 0 0 rg BT 67.03 184.10 Td (ged by HDFS, any of which may adversely af) Tj ET Q q 0 0 0 rg BT 249.86 184.10 Td (fect the business of HDFS or its results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 163.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.67 163.10 Td ( subsidiary of HDFS, Eaglemark Savings Bank \(ESB\), is a Nevada state thrift chartered as an Industrial Loan Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.10 Td (\(ILC\). ) Tj ET Q q 0 0 0 rg BT 77.22 151.10 Td (As such, the activities of this subsidiary are governed by federal laws and regulations as well as State of Nevada banking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (laws, and are subject to examination by the Federal Deposit Insurance Corporation \(FDIC\) and Nevada state bank examiners. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (The Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 119.25 127.10 Td (W) Tj ET Q q 0 0 0 rg BT 127.89 127.10 Td (all Street Reform and Consumer Protection ) Tj ET Q q 0 0 0 rg BT 302.85 127.10 Td (Act, which was passed into law in 2010, granted the federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td (Consumer Financial Protection Bureau \(CFPB\) significant supervisory) Tj ET Q q 0 0 0 rg BT 332.65 115.10 Td (, enforcement, and rule-making authority in the area of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.10 Td (consumer financial products and services. ) Tj ET Q q 0 0 0 rg BT 219.76 103.10 Td (While direct supervision of ESB will remain with the FDIC and the State of Nevada, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.10 Td (certain CFPB regulations will directly impact HDFS and its operations. On September 17, 2014, the CFPB proposed a rule that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.10 Td (would expand the scope of its supervisory authority to include non-bank lar) Tj ET Q q 0 0 0 rg BT 352.25 79.10 Td (ger participants in the vehicle financing market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.10 Td (This proposed rule became ef) Tj ET Q q 0 0 0 rg BT 168.11 67.10 Td (fective on ) Tj ET Q q 0 0 0 rg BT 209.76 67.10 Td (August 31, 2015, giving the CFPB supervisory authority over a non-bank subsidiary of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.10 Td (HDFS, allowing the CFPB to conduct comprehensive and rigorous on-site examinations that could result in enforcement ) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (actions, fines, regulatorily-mandated changes to processes and procedures, product-related changes or consumer refunds, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (other actions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (ESB originates retail loans and sells the loans to a non-banking subsidiary of HDFS. ) Tj ET Q q 0 0 0 rg BT 414.05 709.10 Td (This process allows HDFS to of) Tj ET Q q 0 0 0 rg BT 541.92 709.10 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (retail products with many common characteristics across the United States and to similarly service loans to U.S. retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (customers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 664.10 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.32 664.10 Td ( ) Tj ET Q q 0 0 0 rg BT 126.76 664.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.21 664.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.79 664.10 Td (, the Financial Services segment had approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.62 664.10 Td (600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.62 664.10 Td ( employees.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 643.10 Td (Internet ) Tj ET Q q 0 0 0 rg BT 86.94 643.10 Td (Access) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 622.10 Td ( ) Tj ET Q q 0 0 0 rg BT 76.32 622.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 136.03 622.10 Td (s internet website address is www) Tj ET Q q 0 0 0 rg BT 271.19 622.10 Td (.harley-davidson.com. ) Tj ET Q q 0 0 0 rg BT 362.65 622.10 Td (The Company makes available free of char) Tj ET Q q 0 0 0 rg BT 534.61 622.10 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (\(other than an investor) Tj ET Q q 0 0 0 rg BT 140.62 610.10 Td () Tj ET Q q 0 0 0 rg BT 143.40 610.10 Td (s own internet access char) Tj ET Q q 0 0 0 rg BT 247.62 610.10 Td (ges\) through its internet website the Company) Tj ET Q q 0 0 0 rg BT 434.80 610.10 Td (s ) Tj ET Q q 0 0 0 rg BT 440.64 610.10 Td (Annual Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (K, quarterly reports on Form 10-Q and current reports on Form 8-K, and any amendments to those reports, as soon as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (reasonably practicable after it electronically files such material with, or furnishes such material to, the United States Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (and Exchange Commission \(SEC\). In addition, the Company makes available, through its website, the following corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (governance materials: \(a\)the Company) Tj ET Q q 0 0 0 rg BT 210.49 562.10 Td (s Corporate Governance Policy; \(b\)Committee Charters approved by the Company) Tj ET Q q 0 0 0 rg BT 547.08 562.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Board of Directors for the ) Tj ET Q q 0 0 0 rg BT 155.80 550.10 Td (Audit Committee, Human Resources Committee, Nominating and Corporate Governance Committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (and Sustainability Committee; \(c\)the Company) Tj ET Q q 0 0 0 rg BT 244.14 538.10 Td (s Financial Code of Ethics; \(d\)the Company) Tj ET Q q 0 0 0 rg BT 425.49 538.10 Td (s Code of Business Conduct \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (Code of Conduct\) in nine languages including English; \(e\)the Conflict of Interest Process for Directors, Executive Of) Tj ET Q q 0 0 0 rg BT 521.92 526.10 Td (ficers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Other Employees \(the Conflict Process\); \(f\)a list of the Company) Tj ET Q q 0 0 0 rg BT 316.05 514.10 Td (s Board of Directors; \(g\)the Company) Tj ET Q q 0 0 0 rg BT 473.24 514.10 Td (s By-laws; \(h\)the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 502.10 Td (s Environmental Policy; \(i\)the Company) Tj ET Q q 0 0 0 rg BT 259.14 502.10 Td (s Policy for Managing Disclosure of Material Information; \(j\)the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 490.10 Td (s Supplier Code of Conduct; \(k\)the Sustainability Strategy Report; \(l\)the list of compensation survey participants ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (used as market reference points for various components of compensation as reported in the Company) Tj ET Q q 0 0 0 rg BT 457.66 478.10 Td (s Notice of ) Tj ET Q q 0 0 0 rg BT 503.48 478.10 Td (Annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (Meeting and Proxy Statement filed with the SEC on March 16, 2015, which compensation relates to the Company) Tj ET Q q 0 0 0 rg BT 509.64 466.10 Td (s named ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (executive of) Tj ET Q q 0 0 0 rg BT 98.96 454.10 Td (ficers; \(m\) the California ) Tj ET Q q 0 0 0 rg BT 200.96 454.10 Td (T) Tj ET Q q 0 0 0 rg BT 206.72 454.10 Td (ransparency in Supply Chain ) Tj ET Q q 0 0 0 rg BT 324.48 454.10 Td (Act Disclosure; \(n\) Statement on Conflict Minerals; \(o\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Political Engagement and Contributions 2014-2015; and \(p\) the Company's Clawback Policy) Tj ET Q q 0 0 0 rg BT 421.65 442.10 Td (. ) Tj ET Q q 0 0 0 rg BT 426.47 442.10 Td (This information is also available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (from the Company upon request. ) Tj ET Q q 0 0 0 rg BT 184.24 430.10 Td (The Company satisfies the disclosure requirements under the Code of Conduct, the Conflict ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Process and applicable New ) Tj ET Q q 0 0 0 rg BT 164.59 418.10 Td (Y) Tj ET Q q 0 0 0 rg BT 170.81 418.10 Td (ork Stock Exchange listing requirements regarding waivers of the Code of Conduct or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Conflict Process by disclosing the information in the Company) Tj ET Q q 0 0 0 rg BT 304.97 406.10 Td (s proxy statement for its annual meeting of shareholders or on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 394.10 Td (s website. ) Tj ET Q q 0 0 0 rg BT 148.14 394.10 Td (The Company is not including the information contained on or available through its website as a part ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (of, or incorporating such information by reference into, this ) Tj ET Q q 0 0 0 rg BT 290.21 382.10 Td (Annual Report on Form 10-K.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (Item 1A. ) Tj ET Q q 0 0 0 rg BT 113.00 361.10 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 340.10 Td (An investment in Harley-Davidson, Inc. involves risks, including those discussed below) Tj ET Q q 0 0 0 rg BT 425.80 340.10 Td (. ) Tj ET Q q 0 0 0 rg BT 430.62 340.10 Td (These risk factors should be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (considered carefully before deciding whether to invest in the Company) Tj ET Q q 0 0 0 rg BT 333.42 328.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 299.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 299.10 Td (The Company may not be able to successfully execute its long-term business strategy) Tj ET Q q 0 0 0 rg BT 445.58 299.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.08 299.10 Td ( ) Tj ET Q q 0 0 0 rg BT 450.40 299.10 Td (There is no assurance that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 287.10 Td (the Company will be able to drive growth to the extent desired through its focus of ef) Tj ET Q q 0 0 0 rg BT 426.45 287.10 Td (forts and resources on its long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 275.10 Td (term business strategy and the Harley-Davidson brand or to enhance productivity and profitability to the extent desired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 263.10 Td (through pricing and continuous improvement.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 239.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 239.10 Td (Changes in general economic conditions, tightening of cr) Tj ET Q q 0 0 0 rg BT 326.52 239.10 Td (edit, political events or) Tj ET Q q 0 0 0 rg BT 422.99 239.10 Td ( other) Tj ET Q q 0 0 0 rg BT 448.08 239.10 Td ( factors may adversely ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 227.10 Td (impact dealers) Tj ET Q q 0 0 0 rg BT 150.67 227.10 Td ( r) Tj ET Q q 0 0 0 rg BT 157.43 227.10 Td (etail sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.76 227.10 Td ( ) Tj ET Q q 0 0 0 rg BT 203.08 227.10 Td (The motorcycle industry is impacted by general economic conditions over which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 215.10 Td (motorcycle manufacturers have little control. ) Tj ET Q q 0 0 0 rg BT 268.12 215.10 Td (These factors can weaken the retail environment and lead to weaker ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 203.10 Td (demand for discretionary purchases such as motorcycles. ) Tj ET Q q 0 0 0 rg BT 315.90 203.10 Td (T) Tj ET Q q 0 0 0 rg BT 321.65 203.10 Td (ightening of credit can limit the availability of funds from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 191.10 Td (financial institutions and other lenders and sources of capital which could adversely af) Tj ET Q q 0 0 0 rg BT 430.86 191.10 Td (fect the ability of retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 179.10 Td (consumers to obtain loans for the purchase of motorcycles from lenders, including HDFS. Should general economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 167.10 Td (conditions or motorcycle industry demand decline, the Company) Tj ET Q q 0 0 0 rg BT 347.76 167.10 Td (s results of operations and financial condition may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 155.10 Td (substantially adversely af) Tj ET Q q 0 0 0 rg BT 187.06 155.10 Td (fected. ) Tj ET Q q 0 0 0 rg BT 216.30 155.10 Td (The motorcycle industry can also be af) Tj ET Q q 0 0 0 rg BT 371.62 155.10 Td (fected by political conditions and other factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 143.10 Td (over which motorcycle manufacturers have little control.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 119.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 119.10 Td (The Company is exposed to market risk fr) Tj ET Q q 0 0 0 rg BT 265.69 119.10 Td (om changes in for) Tj ET Q q 0 0 0 rg BT 341.34 119.10 Td (eign exchange rates, commodity prices and inter) Tj ET Q q 0 0 0 rg BT 546.96 119.10 Td (est ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 107.10 Td (rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.20 107.10 Td ( ) Tj ET Q q 0 0 0 rg BT 111.52 107.10 Td (The Company sells its products internationally and in most markets those sales are made in the foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 95.10 Td (country) Tj ET Q q 0 0 0 rg BT 118.93 95.10 Td (s local currency) Tj ET Q q 0 0 0 rg BT 181.58 95.10 Td (. ) Tj ET Q q 0 0 0 rg BT 186.02 95.10 Td (As a result, a weakening in those foreign currencies relative to the U.S. dollar can adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 83.10 Td (af) Tj ET Q q 0 0 0 rg BT 93.19 83.10 Td (fect the Company's revenue and mar) Tj ET Q q 0 0 0 rg BT 238.92 83.10 Td (gin, and cause volatility in results of operations. ) Tj ET Q q 0 0 0 rg BT 433.14 83.10 Td (The Company is also subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 71.10 Td (risks associated with changes in prices of commodities. Earnings from the Company) Tj ET Q q 0 0 0 rg BT 426.08 71.10 Td (s financial services business are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 59.10 Td (af) Tj ET Q q 0 0 0 rg BT 93.19 59.10 Td (fected by changes in interest rates. ) Tj ET Q q 0 0 0 rg BT 232.86 59.10 Td (Although the Company uses derivative financial instruments to some extent to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 47.10 Td (attempt to manage a portion of its exposure to foreign currency exchange rates and commodity prices, the Company ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (does not attempt to manage its entire expected exposure, and these instruments generally do not extend beyond one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (year and may expose the Company to credit risk in the event of counterparty default to the derivative financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 137.08 718.10 Td (There can be no assurance that in the future the Company will successfully manage these risks.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 694.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 694.10 Td (The Company sells its pr) Tj ET Q q 0 0 0 rg BT 191.54 694.10 Td (oducts at wholesale and must r) Tj ET Q q 0 0 0 rg BT 322.76 694.10 Td (ely on a network of independent dealers to manage the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (r) Tj ET Q q 0 0 0 rg BT 89.86 682.10 Td (etail distribution of its pr) Tj ET Q q 0 0 0 rg BT 196.90 682.10 Td (oducts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.19 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 229.51 682.10 Td (The Company depends on the capability of its independent dealers to develop and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 670.10 Td (implement ef) Tj ET Q q 0 0 0 rg BT 138.46 670.10 Td (fective retail sales plans to create demand among retail purchasers for the motorcycles and related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (products and services that the dealers purchase from the Company) Tj ET Q q 0 0 0 rg BT 350.14 658.10 Td (. If the Company) Tj ET Q q 0 0 0 rg BT 420.68 658.10 Td (s independent dealers are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 646.10 Td (successful in these endeavors, then the Company will be unable to maintain or grow its revenues and meet its financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (expectations. Further) Tj ET Q q 0 0 0 rg BT 169.62 634.10 Td (, independent dealers may experience dif) Tj ET Q q 0 0 0 rg BT 333.25 634.10 Td (ficulty in funding their day-to-day cash flow needs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 622.10 Td (paying their obligations resulting from adverse business conditions such as weakened retail sales and tightened credit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (If dealers are unsuccessful, they may exit or be forced to exit the business or) Tj ET Q q 0 0 0 rg BT 390.93 610.10 Td (, in some cases, the Company may seek to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (terminate relationships with certain dealerships. ) Tj ET Q q 0 0 0 rg BT 278.88 598.10 Td (As a result, the Company could face additional adverse consequences ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (related to the termination of dealer relationships. ) Tj ET Q q 0 0 0 rg BT 282.20 586.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 332.10 586.10 Td (, liquidating a former dealer) Tj ET Q q 0 0 0 rg BT 444.37 586.10 Td () Tj ET Q q 0 0 0 rg BT 447.15 586.10 Td (s inventory of new and used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (motorcycles can add downward pressure on new and used motorcycle prices. Further) Tj ET Q q 0 0 0 rg BT 425.64 574.10 Td (, the unplanned loss of any of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 562.10 Td (s independent dealers may lead to inadequate market coverage for retail sales of new motorcycles and for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 550.10 Td (servicing previously sold motorcycles, create negative impressions of the Company with its retail customers, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 538.10 Td (adversely impact the Company) Tj ET Q q 0 0 0 rg BT 212.51 538.10 Td (s ability to collect wholesale receivables that are associated with that dealer) Tj ET Q q 0 0 0 rg BT 513.78 538.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 514.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 514.10 Td (A) Tj ET Q q 0 0 0 rg BT 91.67 514.10 Td ( cybersecurity br) Tj ET Q q 0 0 0 rg BT 164.24 514.10 Td (each may adversely affect the Company) Tj ET Q q 0 0 0 rg BT 336.89 514.10 Td (s r) Tj ET Q q 0 0 0 rg BT 347.54 514.10 Td (eputation, r) Tj ET Q q 0 0 0 rg BT 397.36 514.10 Td (evenue and earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.09 514.10 Td ( ) Tj ET Q q 0 0 0 rg BT 489.41 514.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 502.10 Td (and certain of its third-party service providers and vendors receive, store, and transmit digital personal information in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 490.10 Td (connection with the Company) Tj ET Q q 0 0 0 rg BT 208.03 490.10 Td (s human resources operations, financial services operations, e-commerce, the Harley ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 478.10 Td (Owners Group, dealer management, and other aspects of its business. ) Tj ET Q q 0 0 0 rg BT 365.02 478.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 424.73 478.10 Td (s information systems, and those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 466.10 Td (of its third-party service providers and vendors, are vulnerable to the increasing threat of continually evolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 454.10 Td (cybersecurity risks. Unauthorized parties may attempt to gain access to these systems or the information the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 442.10 Td (and its third-party service providers and vendors maintain and use through fraud or other means of deceiving our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 430.10 Td (employees and third-party service providers and vendors. Hardware, software or applications the Company develops ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 418.10 Td (or obtains from third-parties may contain defects in design or manufacture or other problems that could unexpectedly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 406.10 Td (compromise information security and/or the Company) Tj ET Q q 0 0 0 rg BT 305.23 406.10 Td (s operations. ) Tj ET Q q 0 0 0 rg BT 358.10 406.10 Td (The methods used to obtain unauthorized access, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 394.10 Td (disable or degrade service or sabotage systems are constantly evolving and may be dif) Tj ET Q q 0 0 0 rg BT 429.43 394.10 Td (ficult to anticipate or detect. ) Tj ET Q q 0 0 0 rg BT 544.20 394.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 382.10 Td (Company has implemented and regularly reviews and updates processes and procedures to protect against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 370.10 Td (unauthorized access to or use of secured data and to prevent data loss. However) Tj ET Q q 0 0 0 rg BT 403.37 370.10 Td (, the ever) Tj ET Q q 0 0 0 rg BT 440.09 370.10 Td (-evolving threats mean the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 358.10 Td (Company and third-party service providers and vendors must continually evaluate and adapt systems and processes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 346.10 Td (and there is no guarantee that they will be adequate to safeguard against all data security breaches or misuses of data. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 334.10 Td (The Company has experienced information security attacks, but to date they have not compromised the Company) Tj ET Q q 0 0 0 rg BT 542.09 334.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 322.10 Td (computing environment or resulted in a material impact on the Company) Tj ET Q q 0 0 0 rg BT 379.37 322.10 Td (s business or operations or the release of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 310.10 Td (confidential information about employees, customers, dealers, suppliers or other third parties. ) Tj ET Q q 0 0 0 rg BT 461.29 310.10 Td (Any future significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 298.10 Td (compromise or breach of the Company) Tj ET Q q 0 0 0 rg BT 244.12 298.10 Td (s data security) Tj ET Q q 0 0 0 rg BT 300.67 298.10 Td (, whether external or internal, or misuse of customer) Tj ET Q q 0 0 0 rg BT 509.65 298.10 Td (, employee, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 286.10 Td (dealer) Tj ET Q q 0 0 0 rg BT 109.02 286.10 Td (, supplier or Company data could result in disruption to the Company) Tj ET Q q 0 0 0 rg BT 389.54 286.10 Td (s operations, significant costs, lost sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 274.10 Td (fines and lawsuits, and/or damage to the Company) Tj ET Q q 0 0 0 rg BT 289.96 274.10 Td (s reputation. In addition, as the regulatory environment related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 262.10 Td (information security) Tj ET Q q 0 0 0 rg BT 165.72 262.10 Td (, data collection and use, and privacy becomes increasingly rigorous, with new and evolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.00 250.10 Td (requirements, compliance could also result in the Company being required to incur additional costs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 226.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 226.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 226.10 Td (s marketing strategy of appealing to and gr) Tj ET Q q 0 0 0 rg BT 333.38 226.10 Td (owing sales to multi-generational and multi-cultural ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (customers worldwide may not continue to be successful.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.36 214.10 Td ( ) Tj ET Q q 0 0 0 rg BT 325.68 214.10 Td (The Company has been successful in marketing its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (products in lar) Tj ET Q q 0 0 0 rg BT 143.18 202.10 Td (ge part by promoting the experience of Harley-Davidson motorcycling. ) Tj ET Q q 0 0 0 rg BT 430.69 202.10 Td (T) Tj ET Q q 0 0 0 rg BT 436.10 202.10 Td (o sustain and grow the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.10 Td (business over the long-term, the Company must continue to be successful selling products and promoting the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 178.10 Td (experience of motorcycling to both core customers and outreach customers such as women, young adults and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (ethnically diverse adults. ) Tj ET Q q 0 0 0 rg BT 187.61 166.10 Td (The Company must also execute its multi-generational and multi-cultural strategy without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 154.10 Td (adversely impacting the strength of the brand with core customers. Failure to successfully drive demand for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (Company's products may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 293.53 142.10 Td (fect on the Company's business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 118.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 118.10 Td (s ability to r) Tj ET Q q 0 0 0 rg BT 200.61 118.10 Td (emain competitive is dependent upon its capability to develop and successfully ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 106.10 Td (intr) Tj ET Q q 0 0 0 rg BT 101.53 106.10 Td (oduce new) Tj ET Q q 0 0 0 rg BT 145.70 106.10 Td (, innovative and compliant pr) Tj ET Q q 0 0 0 rg BT 271.37 106.10 Td (oducts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 106.10 Td ( ) Tj ET Q q 0 0 0 rg BT 303.97 106.10 Td (The motorcycle market continues to change in terms of styling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (preferences and advances in new technology and, at the same time, be subject to increasing regulations related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (safety and emissions. ) Tj ET Q q 0 0 0 rg BT 173.18 82.10 Td (The Company must continue to distinguish its products from its competitors) Tj ET Q q 0 0 0 rg BT 480.75 82.10 Td ( products with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 70.10 Td (unique styling and new technologies. ) Tj ET Q q 0 0 0 rg BT 236.13 70.10 Td (As the Company incorporates new and dif) Tj ET Q q 0 0 0 rg BT 404.80 70.10 Td (ferent features and technology into its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 58.10 Td (products, the Company must protect its intellectual property from imitators and ensure its products do not infringe the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 46.10 Td (intellectual property of other companies. In addition, these new products must comply with applicable regulations ) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (worldwide and satisfy the potential demand for products that produce lower emissions and achieve better fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (economy) Tj ET Q q 0 0 0 rg BT 121.61 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 126.43 730.10 Td (The Company must make product advancements while maintaining the classic look, sound and feel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (associated with Harley-Davidson products. ) Tj ET Q q 0 0 0 rg BT 260.10 718.10 Td (The Company must also be able to design and manufacture these products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 706.10 Td (and deliver them to a global marketplace in an ef) Tj ET Q q 0 0 0 rg BT 281.17 706.10 Td (ficient and timely manner) Tj ET Q q 0 0 0 rg BT 383.64 706.10 Td (. ) Tj ET Q q 0 0 0 rg BT 388.46 706.10 Td (There can be no assurances that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 694.10 Td (Company will be successful in these endeavors or that existing and prospective customers will like or want the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 682.10 Td (s new products.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 658.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (Expanding international sales and operations subjects the Company to risks that may have a material adverse ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 646.10 Td (effect on its business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.04 646.10 Td ( Expanding international sales and operations is a part of the Company) Tj ET Q q 0 0 0 rg BT 460.81 646.10 Td (s long-term business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (strategy) Tj ET Q q 0 0 0 rg BT 116.61 634.10 Td (. ) Tj ET Q q 0 0 0 rg BT 121.43 634.10 Td (T) Tj ET Q q 0 0 0 rg BT 126.84 634.10 Td (o support that strategy) Tj ET Q q 0 0 0 rg BT 215.34 634.10 Td (, the Company must increase its presence outside the U.S., including additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 622.10 Td (employees and investment in business infrastructure and operations. International operations and sales are subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (various risks, including political and economic instability) Tj ET Q q 0 0 0 rg BT 314.63 610.10 Td (, local labor market conditions, the imposition of foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (tarif) Tj ET Q q 0 0 0 rg BT 102.07 598.10 Td (fs and other trade barriers, the impact of foreign government laws and regulations and U.S. laws and regulations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (that apply to international operations, and the ef) Tj ET Q q 0 0 0 rg BT 277.03 586.10 Td (fects of income and withholding taxes, governmental expropriation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (and dif) Tj ET Q q 0 0 0 rg BT 113.47 574.10 Td (ferences in business practices. ) Tj ET Q q 0 0 0 rg BT 236.29 574.10 Td (The Company may incur increased costs and experience delays or disruptions in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (product deliveries and payments in connection with international operations and sales that could cause loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 550.10 Td (revenues and earnings. Unfavorable changes in the political, regulatory and business climate could have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 538.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 126.22 538.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 212.59 538.10 Td (s net sales, financial condition, profitability or cash flows. ) Tj ET Q q 0 0 0 rg BT 446.80 538.10 Td (V) Tj ET Q q 0 0 0 rg BT 453.42 538.10 Td (iolations of laws that apply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 526.10 Td (to the Company's foreign operations, such as the U.S. Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 407.63 526.10 Td (Act, could result in severe criminal or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 514.10 Td (civil sanctions, could disrupt the Company's business and result in an adverse ef) Tj ET Q q 0 0 0 rg BT 405.77 514.10 Td (fect on the Company's reputation, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 502.10 Td (business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 478.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 478.10 Td (Retail sales of the Company's independent dealers may be impacted by weather) Tj ET Q q 0 0 0 rg BT 423.83 478.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.33 478.10 Td ( ) Tj ET Q q 0 0 0 rg BT 428.65 478.10 Td (The Company has observed that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 466.10 Td (abnormally cold and/or wet conditions in a region could have the ef) Tj ET Q q 0 0 0 rg BT 356.17 466.10 Td (fect of reducing demand or changing the timing for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 454.10 Td (purchases of new Harley-Davidson motorcycles. Reduced demand for new Harley-Davidson motorcycles ultimately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 442.10 Td (leads to reduced shipments by the Company) Tj ET Q q 0 0 0 rg BT 261.58 442.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 418.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 418.10 Td (Retail sales of new motor) Tj ET Q q 0 0 0 rg BT 192.62 418.10 Td (cycles by the Company) Tj ET Q q 0 0 0 rg BT 293.63 418.10 Td (s independent dealers may be adversely impacted by incr) Tj ET Q q 0 0 0 rg BT 536.77 418.10 Td (eased ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 406.10 Td (supply of and/or) Tj ET Q q 0 0 0 rg BT 155.44 406.10 Td ( declining prices for) Tj ET Q q 0 0 0 rg BT 239.97 406.10 Td ( used motor) Tj ET Q q 0 0 0 rg BT 290.35 406.10 Td (cycles and excess supply of new motor) Tj ET Q q 0 0 0 rg BT 452.38 406.10 Td (cycles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.86 406.10 Td ( ) Tj ET Q q 0 0 0 rg BT 482.18 406.10 Td (The Company has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 394.10 Td (observed that when prices for used Harley-Davidson motorcycles have declined, it can have the ef) Tj ET Q q 0 0 0 rg BT 478.32 394.10 Td (fect of reducing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 382.10 Td (demand among retail purchasers for new Harley-Davidson motorcycles \(at or near manufacturer) Tj ET Q q 0 0 0 rg BT 471.09 382.10 Td () Tj ET Q q 0 0 0 rg BT 473.87 382.10 Td (s suggested retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 370.10 Td (prices\). Further) Tj ET Q q 0 0 0 rg BT 146.85 370.10 Td (, the Company and its independent dealers can and do take actions that influence the markets for new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 358.10 Td (and used motorcycles. For example, introduction of new motorcycle models with significantly dif) Tj ET Q q 0 0 0 rg BT 476.44 358.10 Td (ferent functionality) Tj ET Q q 0 0 0 rg BT 552.70 358.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 346.10 Td (technology or other customer satisfiers can result in increased supply of used motorcycles, and a decrease in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 334.10 Td (inventory of used motorcycles available for sale at Harley-Davidson dealers in the U.S. may result in an increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 322.10 Td (supply or decreased demand in the market for used Harley-Davidson-branded motorcycles, which could result in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 310.10 Td (declining prices for used motorcycles, and prior model-year new motorcycles. ) Tj ET Q q 0 0 0 rg BT 399.94 310.10 Td (Also, while the Company has taken ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 298.10 Td (steps designed to balance production volumes for its new motorcycles with demand, those steps may not be ef) Tj ET Q q 0 0 0 rg BT 525.87 298.10 Td (fective, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 286.10 Td (or the Company) Tj ET Q q 0 0 0 rg BT 152.81 286.10 Td (s competitors could choose to supply new motorcycles to the market in excess of demand at reduced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 274.10 Td (prices which could also have the ef) Tj ET Q q 0 0 0 rg BT 225.92 274.10 Td (fect of reducing demand for new Harley-Davidson motorcycles \(at or near ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 262.10 Td (manufacturer) Tj ET Q q 0 0 0 rg BT 139.27 262.10 Td () Tj ET Q q 0 0 0 rg BT 142.05 262.10 Td (s suggested retail prices\). Ultimately) Tj ET Q q 0 0 0 rg BT 287.75 262.10 Td (, reduced demand among retail purchasers for new Harley-Davidson ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 250.10 Td (motorcycles leads to reduced shipments by the Company) Tj ET Q q 0 0 0 rg BT 312.95 250.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 226.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 226.10 Td (The Company must comply with governmental laws and r) Tj ET Q q 0 0 0 rg BT 333.21 226.10 Td (egulations that ar) Tj ET Q q 0 0 0 rg BT 408.03 226.10 Td (e subject to change and involve ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (significant costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.60 214.10 Td ( ) Tj ET Q q 0 0 0 rg BT 157.92 214.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 217.63 214.10 Td (s sales and operations in areas outside the U.S. may be subject to foreign laws, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (regulations and the legal systems of foreign courts or tribunals. ) Tj ET Q q 0 0 0 rg BT 340.08 202.10 Td (These laws and policies governing operations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.10 Td (foreign-based companies may result in increased costs or restrictions on the ability of the Company to sell its products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 178.10 Td (in certain countries. ) Tj ET Q q 0 0 0 rg BT 167.06 178.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 226.77 178.10 Td (s international sales operations may also be adversely af) Tj ET Q q 0 0 0 rg BT 450.96 178.10 Td (fected by U.S. laws ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (af) Tj ET Q q 0 0 0 rg BT 93.19 166.10 Td (fecting foreign trade and taxation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 145.31 142.10 Td (s domestic sales and operations are subject to governmental policies and regulatory actions of agencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 130.10 Td (of the United States Government, including the Environmental Protection ) Tj ET Q q 0 0 0 rg BT 382.21 130.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 429.89 130.10 Td (A\), SEC, National Highway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.36 118.10 Td (raf) Tj ET Q q 0 0 0 rg BT 102.27 118.10 Td (fic Safety ) Tj ET Q q 0 0 0 rg BT 142.82 118.10 Td (Administration, Department of Labor and Federal ) Tj ET Q q 0 0 0 rg BT 344.52 118.10 Td (T) Tj ET Q q 0 0 0 rg BT 350.28 118.10 Td (rade Commission. In addition, the Company) Tj ET Q q 0 0 0 rg BT 530.54 118.10 Td (s sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 106.10 Td (and operations are also subject to laws and actions of state legislatures and other local regulators, including dealer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (statutes and licensing laws. Changes in regulations or the imposition of additional regulations may have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 126.22 82.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 212.59 82.10 Td (s business and results of operations.) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 90.64 742.10 Td (ax - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.41 742.10 Td (The Company is subject to income and non-income based taxes in the U.S. and in various foreign jurisdictions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (Significant judgment is required in determining the Company's worldwide income tax liabilities and other tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 128.04 718.10 Td (The Company believes that it complies with applicable tax law) Tj ET Q q 0 0 0 rg BT 379.26 718.10 Td (. If the governing tax authorities have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (dif) Tj ET Q q 0 0 0 rg BT 96.93 706.10 Td (ferent interpretation of the applicable law or if there is a change in tax law) Tj ET Q q 0 0 0 rg BT 392.82 706.10 Td (, the Company's financial condition and/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (or results of operations may be adversely af) Tj ET Q q 0 0 0 rg BT 260.48 694.10 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 673.10 Td (Envir) Tj ET Q q 0 0 0 rg BT 107.85 673.10 Td (onmental - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.39 673.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 213.10 673.10 Td (s motorcycle products use internal combustion engines. ) Tj ET Q q 0 0 0 rg BT 437.32 673.10 Td (These motorcycle products are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 661.10 Td (subject to statutory and regulatory requirements governing emissions and noise, including standards imposed by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 649.10 Td (EP) Tj ET Q q 0 0 0 rg BT 96.75 649.10 Td (A, state regulatory agencies, such as California ) Tj ET Q q 0 0 0 rg BT 286.97 649.10 Td (Air Resources Board, and regulatory agencies in certain foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 637.10 Td (countries where the Company) Tj ET Q q 0 0 0 rg BT 208.47 637.10 Td (s motorcycle products are sold. ) Tj ET Q q 0 0 0 rg BT 335.47 637.10 Td (The Company is also subject to statutory and regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 625.10 Td (requirements governing emissions and noise in the conduct of the Company) Tj ET Q q 0 0 0 rg BT 392.61 625.10 Td (s manufacturing operations. ) Tj ET Q q 0 0 0 rg BT 505.91 625.10 Td (Any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 613.10 Td (significant change to the regulatory requirements governing emissions and noise may substantially increase the cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 601.10 Td (manufacturing the Company) Tj ET Q q 0 0 0 rg BT 203.19 601.10 Td (s products. If the Company fails to meet existing or new requirements, then the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 589.10 Td (may be unable to sell certain products or may be subject to fines or penalties. Further) Tj ET Q q 0 0 0 rg BT 426.05 589.10 Td (, in response to concerns about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 577.10 Td (global climate changes and related changes in consumer preferences, the Company may face greater regulatory or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 565.10 Td (customer pressure to develop products that generate less emissions. ) Tj ET Q q 0 0 0 rg BT 357.97 565.10 Td (This may require the Company to spend additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 553.10 Td (funds on research, product development, and implementation costs and subject the Company to the risk that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 541.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.67 541.10 Td (s competitors may respond to these pressures in a manner that gives them a competitive advantage. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 520.10 Td (Financial Services - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.03 520.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 228.74 520.10 Td (s financial services operations are governed by various foreign, federal and state ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 508.10 Td (laws that more specifically af) Tj ET Q q 0 0 0 rg BT 203.55 508.10 Td (fect general financial and lending institutions. ) Tj ET Q q 0 0 0 rg BT 389.14 508.10 Td (The financial services operations originate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 496.10 Td (the majority of its consumer loans through its subsidiary) Tj ET Q q 0 0 0 rg BT 310.88 496.10 Td (, Eaglemark Savings Bank, a Nevada state thrift chartered as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 484.10 Td (an industrial loan company) Tj ET Q q 0 0 0 rg BT 193.93 484.10 Td (. Congress has previously considered and may in the future impose additional regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 472.10 Td (and supervision over the financial services industry) Tj ET Q q 0 0 0 rg BT 290.85 472.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 451.10 Td (Depending on the provisions of the applicable laws and regulations, the interpretation of laws and regulations and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 439.10 Td (specific facts and circumstances involved, violations of or non-compliance with these laws may limit the ability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 427.10 Td (HDFS to collect all or part of the principal or interest on applicable loans, may entitle the borrower to rescind the loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 415.10 Td (or obtain a refund of amounts previously paid, could subject HDFS to payment of damages or penalties and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 403.10 Td (administrative sanctions, including "cease and desist" orders, and could limit the number of loans eligible for HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 391.10 Td (securitizations programs. Such regulatory requirements and associated supervision could limit the discretion of HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 379.10 Td (in operating its business. Noncompliance with applicable statutes or regulations could result in the suspension or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 367.10 Td (revocation of any charter) Tj ET Q q 0 0 0 rg BT 185.82 367.10 Td (, license or registration at issue, as well as the imposition of civil fines, criminal penalties and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 355.10 Td (administrative sanctions. ) Tj ET Q q 0 0 0 rg BT 187.74 355.10 Td (The Company cannot assure that the applicable laws or regulations will not be amended or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 343.10 Td (construed in ways that are adverse to HDFS, that new laws and regulations will not be adopted in the future, or that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 331.10 Td (laws and regulations will not attempt to limit the interest rates char) Tj ET Q q 0 0 0 rg BT 353.25 331.10 Td (ged by HDFS, any of which may adversely af) Tj ET Q q 0 0 0 rg BT 536.08 331.10 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 319.10 Td (the business of HDFS or its results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 298.10 Td (In 2010, the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 187.75 298.10 Td (W) Tj ET Q q 0 0 0 rg BT 196.39 298.10 Td (all Street Reform and Consumer Protection ) Tj ET Q q 0 0 0 rg BT 371.35 298.10 Td (Act\(Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 442.45 298.10 Td (Act\) was passed into law) Tj ET Q q 0 0 0 rg BT 541.78 298.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 286.10 Td (The Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 154.88 286.10 Td (Act is a sweeping piece of legislation, and the financial services industry is still assessing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 274.10 Td (impacts.Congress detailed some significant changes, but the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 382.33 274.10 Td (Act leaves many details to be determined by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 262.10 Td (regulation and further study) Tj ET Q q 0 0 0 rg BT 196.71 262.10 Td (. ) Tj ET Q q 0 0 0 rg BT 201.53 262.10 Td (The full impact will not be fully known for years, as regulations that are intended to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 250.10 Td (implement the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 196.82 250.10 Td (Act are adopted by the appropriate agencies, and the text of the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 502.82 250.10 Td (Act is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 238.10 Td (analyzed by impacted stakeholders and possibly the courts.) Tj ET Q q 0 0 0 rg BT 324.92 238.10 Td (The Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 393.80 238.10 Td (Act also created the Consumer Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.10 Td (Protection Bureau \(CFPB\), housed in the Federal Reserve. ) Tj ET Q q 0 0 0 rg BT 322.44 226.10 Td (The CFPB has been granted significant enforcement and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 214.10 Td (rule-making authority in the area of consumer financial products and services. ) Tj ET Q q 0 0 0 rg BT 400.71 214.10 Td (The direction that the CFPB will take, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.10 Td (the regulations it will adopt, and its interpretation of existing laws and regulations are all elements that are not yet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.10 Td (known. Compliance with the law may be costly and could af) Tj ET Q q 0 0 0 rg BT 328.26 190.10 Td (fect operating results as the implementation of new forms, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 178.10 Td (processes, procedures and controls and infrastructure may be required to comply with the regulations. Compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 166.10 Td (may create operational constraints and place limits on pricing. Failure to comply with these regulations, changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 154.10 Td (these or other regulations, or the imposition of additional regulations, could af) Tj ET Q q 0 0 0 rg BT 398.25 154.10 Td (fect HDFS) Tj ET Q q 0 0 0 rg BT 443.89 154.10 Td ( earnings, limit its access to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 142.10 Td (capital, limit the number of loans eligible for HDFS securitization programs and have a material adverse ef) Tj ET Q q 0 0 0 rg BT 513.73 142.10 Td (fect on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 130.10 Td (HDFS) Tj ET Q q 0 0 0 rg BT 114.15 130.10 Td ( business and results of operations. On September 17, 2014 the CFPB proposed a rule that would expand the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 118.10 Td (scope of its supervisory authority to include non-bank lar) Tj ET Q q 0 0 0 rg BT 314.66 118.10 Td (ger participants in the vehicle financing market. ) Tj ET Q q 0 0 0 rg BT 508.29 118.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 106.10 Td (proposed rule became ef) Tj ET Q q 0 0 0 rg BT 183.83 106.10 Td (fective on ) Tj ET Q q 0 0 0 rg BT 225.48 106.10 Td (August 31, 2015, giving the CFPB supervisory authority over a non-bank ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 94.10 Td (subsidiary of HDFS, allowing the CFPB to conduct comprehensive and rigorous on-site examinations that could result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.10 Td (in enforcement actions, fines, regulatorily mandated changes to processes and procedures, product-related changes or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 70.10 Td (consumer refunds, or other actions.) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (U.S. Public Company - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.99 742.10 Td (The Company is also subject to policies and actions of the SEC and New ) Tj ET Q q 0 0 0 rg BT 475.00 742.10 Td (Y) Tj ET Q q 0 0 0 rg BT 481.22 742.10 Td (ork Stock Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (\(NYSE\). Many major competitors of the Company are not subject to the requirements of the SEC or the NYSE rules. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (As a result, the Company may be required to disclose certain information that may put the Company at a competitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (disadvantage to its principal competitors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 682.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (The Company r) Tj ET Q q 0 0 0 rg BT 153.20 682.10 Td (elies on third party suppliers to obtain raw materials and pr) Tj ET Q q 0 0 0 rg BT 409.14 682.10 Td (ovide component parts for) Tj ET Q q 0 0 0 rg BT 521.45 682.10 Td ( use in ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 670.10 Td (the manufactur) Tj ET Q q 0 0 0 rg BT 151.80 670.10 Td (e of its motor) Tj ET Q q 0 0 0 rg BT 207.99 670.10 Td (cycles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.47 670.10 Td ( ) Tj ET Q q 0 0 0 rg BT 237.79 670.10 Td (The Company may experience supply problems relating to raw materials and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (components such as unfavorable pricing, poor quality) Tj ET Q q 0 0 0 rg BT 299.62 658.10 Td (, or untimely delivery) Tj ET Q q 0 0 0 rg BT 385.61 658.10 Td (. In certain circumstances, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 646.10 Td (relies on a single supplier to provide the entire requirement of a specific part, and a change in this established supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (relationship may cause disruption in the Company) Tj ET Q q 0 0 0 rg BT 289.45 634.10 Td (s production schedule. In addition, the price and availability of raw ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 622.10 Td (materials and component parts from suppliers can be adversely af) Tj ET Q q 0 0 0 rg BT 347.83 622.10 Td (fected by factors outside of the Company) Tj ET Q q 0 0 0 rg BT 515.56 622.10 Td (s control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (such as the supply of a necessary raw material or natural disasters. Further) Tj ET Q q 0 0 0 rg BT 382.60 610.10 Td (, Company suppliers may experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (dif) Tj ET Q q 0 0 0 rg BT 96.53 598.10 Td (ficulty in funding their day-to-day cash flow needs because of tightening credit caused by financial market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (disruption. In addition, adverse economic conditions and related pressure on select suppliers due to dif) Tj ET Q q 0 0 0 rg BT 495.31 586.10 Td (ficulties in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (global manufacturing arena could adversely af) Tj ET Q q 0 0 0 rg BT 271.17 574.10 Td (fect their ability to supply the Company) Tj ET Q q 0 0 0 rg BT 429.94 574.10 Td (. ) Tj ET Q q 0 0 0 rg BT 434.76 574.10 Td (These supplier risks may have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (a material adverse ef) Tj ET Q q 0 0 0 rg BT 168.42 562.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 254.79 562.10 Td (s business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 538.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 538.10 Td (The Company must invest in and successfully implement new information systems and technology) Tj ET Q q 0 0 0 rg BT 502.85 538.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.35 538.10 Td ( ) Tj ET Q q 0 0 0 rg BT 507.67 538.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 526.10 Td (Company is continually modifying and enhancing its systems and technology to increase productivity and ef) Tj ET Q q 0 0 0 rg BT 519.77 526.10 Td (ficiency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 514.10 Td (and to mitigate failure risks from older/aged technologies currently in its portfolio. ) Tj ET Q q 0 0 0 rg BT 418.39 514.10 Td (The Company has several lar) Tj ET Q q 0 0 0 rg BT 534.83 514.10 Td (ge, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 502.10 Td (strategic information system projects in process. ) Tj ET Q q 0 0 0 rg BT 280.83 502.10 Td (As new systems and technologies \(and related strategies\) are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 490.10 Td (implemented, the Company could experience unanticipated dif) Tj ET Q q 0 0 0 rg BT 336.72 490.10 Td (ficulties resulting in unexpected costs and adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 478.10 Td (impacts to its manufacturing and other business processes. ) Tj ET Q q 0 0 0 rg BT 321.76 478.10 Td (When implemented, the systems and technology may not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 466.10 Td (provide the benefits anticipated and could add costs and complications to ongoing operations and older technologies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 454.10 Td (may fail, which may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 274.50 454.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 360.86 454.10 Td (s business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 430.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 430.10 Td (The Company must pr) Tj ET Q q 0 0 0 rg BT 182.38 430.10 Td (event and detect issues with its pr) Tj ET Q q 0 0 0 rg BT 324.97 430.10 Td (oducts, components pur) Tj ET Q q 0 0 0 rg BT 426.75 430.10 Td (chased fr) Tj ET Q q 0 0 0 rg BT 465.73 430.10 Td (om suppliers, and its ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 418.10 Td (and its suppliers) Tj ET Q q 0 0 0 rg BT 158.21 418.10 Td ( manufacturing pr) Tj ET Q q 0 0 0 rg BT 236.92 418.10 Td (ocesses to r) Tj ET Q q 0 0 0 rg BT 284.50 418.10 Td (educe the risk of r) Tj ET Q q 0 0 0 rg BT 361.53 418.10 Td (ecall campaigns, incr) Tj ET Q q 0 0 0 rg BT 451.06 418.10 Td (eased warranty costs or) Tj ET Q q 0 0 0 rg BT 551.69 418.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 406.10 Td (litigation, incr) Tj ET Q q 0 0 0 rg BT 145.97 406.10 Td (eased pr) Tj ET Q q 0 0 0 rg BT 181.62 406.10 Td (oduct liability claims or) Tj ET Q q 0 0 0 rg BT 282.27 406.10 Td ( litigation, delays in new model launches, and inquiries or) Tj ET Q q 0 0 0 rg BT 526.85 406.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 394.10 Td (investigations by r) Tj ET Q q 0 0 0 rg BT 163.76 394.10 Td (egulatory agencies.) Tj ET Q q 0 0 0 rg BT 247.17 394.10 Td (The Company must also complete any r) Tj ET Q q 0 0 0 rg BT 416.43 394.10 Td (ecall campaigns within cost ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 382.10 Td (expectations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.37 382.10 Td (The Company must continually improve and adhere to product development and manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 370.10 Td (processes, and ensure that its suppliers and their sub-tier suppliers adhere to product development and manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 358.10 Td (processes, to ensure high quality products are sold to retail customers.If product designs or manufacturing processes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 346.10 Td (are defective, the Company could experience delays in new model launches, product recalls, inquiries or investigations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 334.10 Td (from regulatory agencies, warranty claims, and product liability claims, which may involve purported class ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 322.10 Td (actions.) Tj ET Q q 0 0 0 rg BT 118.74 322.10 Td (While the Company uses reasonable methods to estimate the cost of warranty) Tj ET Q q 0 0 0 rg BT 428.29 322.10 Td (, recall and product liability costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 310.10 Td (and appropriately reflects those in its financial statements, there is a risk the actual costs could exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 298.10 Td (estimates.Further) Tj ET Q q 0 0 0 rg BT 156.85 298.10 Td (, selling products with poor quality and the announcement of recalls may also adversely af) Tj ET Q q 0 0 0 rg BT 517.95 298.10 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 286.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 286.10 Td (s reputation and brand strength. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 262.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 262.10 Td (The Company r) Tj ET Q q 0 0 0 rg BT 153.20 262.10 Td (elies on third parties to perform certain operating and administrative functions for) Tj ET Q q 0 0 0 rg BT 506.04 262.10 Td ( the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 250.10 Td (Company) Tj ET Q q 0 0 0 rg BT 126.72 250.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.22 250.10 Td ( Similar to suppliers of raw materials and components, the Company may experience problems with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 238.10 Td (outsourced services, such as unfavorable pricing, untimely delivery of services, or poor quality) Tj ET Q q 0 0 0 rg BT 464.56 238.10 Td (. ) Tj ET Q q 0 0 0 rg BT 469.01 238.10 Td (Also, these suppliers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 226.10 Td (may experience adverse economic conditions due to dif) Tj ET Q q 0 0 0 rg BT 307.84 226.10 Td (ficulties in the global economy that could lead to dif) Tj ET Q q 0 0 0 rg BT 516.77 226.10 Td (ficulties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (supporting the Company's operations. In light of the amount and types of functions that the Company has outsourced, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (these service provider risks may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 321.15 202.10 Td (fect on the Company's business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 178.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 178.10 Td (The Company manufactur) Tj ET Q q 0 0 0 rg BT 199.32 178.10 Td (es pr) Tj ET Q q 0 0 0 rg BT 219.97 178.10 Td (oducts that cr) Tj ET Q q 0 0 0 rg BT 278.67 178.10 Td (eate exposur) Tj ET Q q 0 0 0 rg BT 332.08 178.10 Td (e to pr) Tj ET Q q 0 0 0 rg BT 359.67 178.10 Td (oduct liability claims and litigation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.52 178.10 Td ( ) Tj ET Q q 0 0 0 rg BT 512.84 178.10 Td (T) Tj ET Q q 0 0 0 rg BT 518.25 178.10 Td (o the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (extent plaintif) Tj ET Q q 0 0 0 rg BT 141.23 166.10 Td (fs are successful in showing that personal injury or property damage result from defects in the design or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 154.10 Td (manufacture of the Company) Tj ET Q q 0 0 0 rg BT 205.28 154.10 Td (s products, the Company may be subject to claims for damages that are not covered by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (insurance. ) Tj ET Q q 0 0 0 rg BT 128.73 142.10 Td (The costs associated with defending product liability claims, including frivolous lawsuits, and payment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 130.10 Td (damages could be substantial. ) Tj ET Q q 0 0 0 rg BT 207.33 130.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 267.05 130.10 Td (s reputation may also be adversely af) Tj ET Q q 0 0 0 rg BT 415.15 130.10 Td (fected by such claims, whether or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (not successful.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 94.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (The Company is and may in the futur) Tj ET Q q 0 0 0 rg BT 246.28 94.10 Td (e become subject to legal pr) Tj ET Q q 0 0 0 rg BT 364.12 94.10 Td (oceedings and commer) Tj ET Q q 0 0 0 rg BT 461.15 94.10 Td (cial or) Tj ET Q q 0 0 0 rg BT 487.90 94.10 Td ( contractual ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (disputes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.11 82.10 Td ( ) Tj ET Q q 0 0 0 rg BT 125.43 82.10 Td (The uncertainty associated with substantial unresolved claims and lawsuits may harm the Company) Tj ET Q q 0 0 0 rg BT 526.45 82.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 70.10 Td (business, financial condition, reputation and brand. ) Tj ET Q q 0 0 0 rg BT 292.31 70.10 Td (The defense of the lawsuits may result in the expenditures of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 58.10 Td (significant financial resources and the diversion of management) Tj ET Q q 0 0 0 rg BT 344.12 58.10 Td (s time and attention away from business operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 46.10 Td (In addition, although the Company is unable to determine the amount, if any) Tj ET Q q 0 0 0 rg BT 391.00 46.10 Td (, that it may be required to pay in ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (connection with the resolution of the lawsuits by settlement or otherwise, any such payment may have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 126.22 730.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 212.59 730.10 Td (s business and results of operations. Refer to the Company) Tj ET Q q 0 0 0 rg BT 449.77 730.10 Td (s disclosures concerning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (legal proceedings in the periodic reports that the Company files with the Securities and Exchange Commission \(SEC\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 706.10 Td (for additional detail regarding lawsuits and other claims against the Company) Tj ET Q q 0 0 0 rg BT 395.42 706.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 682.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 682.10 Td (s success depends upon the continued str) Tj ET Q q 0 0 0 rg BT 322.59 682.10 Td (ength of the Harley-Davidson brand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.54 682.10 Td ( ) Tj ET Q q 0 0 0 rg BT 481.86 682.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 670.10 Td (believes that the Harley-Davidson brand has significantly contributed to the success of its business and that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (maintaining and enhancing the brand is critical to expanding its customer base. Failure to protect the brand from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 646.10 Td (infringers or to grow the value of the Harley-Davidson brand may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 456.11 646.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 542.48 646.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 610.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (The Company must maintain stakeholder) Tj ET Q q 0 0 0 rg BT 263.22 610.10 Td ( confidence in its operating ethics and corporate governance ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (practices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.42 598.10 Td ( ) Tj ET Q q 0 0 0 rg BT 128.73 598.10 Td (The Company believes it has a history of good corporate governance. Prior to the enactment of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 151.42 586.10 Td (Act of 2002, the Company had in place many of the corporate governance procedures and processes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (now mandated by the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 239.73 574.10 Td (Act and related rules and regulations, such as Board Committee Charters and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (Corporate Governance Policy) Tj ET Q q 0 0 0 rg BT 203.80 562.10 Td (. In 1992, the Company established a Code of Business Conduct that defines how ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 550.10 Td (employees interact with various Company stakeholders and addresses issues such as confidentiality) Tj ET Q q 0 0 0 rg BT 482.91 550.10 Td (, conflict of interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 538.10 Td (and fair dealing. Failure to maintain its reputation for good corporate governance may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 536.35 538.10 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 526.10 Td (on the Company) Tj ET Q q 0 0 0 rg BT 154.48 526.10 Td (s business and results of operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 502.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 502.10 Td (The Company may not be able to successfully execute its manufacturing strategy) Tj ET Q q 0 0 0 rg BT 429.19 502.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.69 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.01 502.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 493.72 502.10 Td (s manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 490.10 Td (strategy is designed to continuously improve product quality and increase productivity) Tj ET Q q 0 0 0 rg BT 430.99 490.10 Td (, while reducing costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 478.10 Td (increasing flexibility to respond to ongoing changes in the marketplace. ) Tj ET Q q 0 0 0 rg BT 374.51 478.10 Td (The Company believes flexible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 466.10 Td (manufacturing, including flexible supply chains and flexible labor agreements, is the key element to enable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 454.10 Td (improvements in the Company) Tj ET Q q 0 0 0 rg BT 211.97 454.10 Td (s ability to respond to customers in a cost ef) Tj ET Q q 0 0 0 rg BT 387.59 454.10 Td (fective manner) Tj ET Q q 0 0 0 rg BT 446.73 454.10 Td (. ) Tj ET Q q 0 0 0 rg BT 451.55 454.10 Td (T) Tj ET Q q 0 0 0 rg BT 456.96 454.10 Td (o execute this strategy) Tj ET Q q 0 0 0 rg BT 545.44 454.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 442.10 Td (the Company must be successful in its continuous improvement ef) Tj ET Q q 0 0 0 rg BT 351.21 442.10 Td (forts which are dependent on the involvement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 430.10 Td (management, production employees and suppliers. ) Tj ET Q q 0 0 0 rg BT 290.27 430.10 Td (Any inability to achieve these objectives could adversely impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 418.10 Td (the profitability of the Company) Tj ET Q q 0 0 0 rg BT 217.80 418.10 Td (s products and its ability to deliver the right product at the right time to the customer) Tj ET Q q 0 0 0 rg BT 554.95 418.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 394.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 394.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 145.89 394.10 Td (, its suppliers, and its independent dealers must successfully accommodate a seasonal r) Tj ET Q q 0 0 0 rg BT 514.06 394.10 Td (etail ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 382.10 Td (motor) Tj ET Q q 0 0 0 rg BT 111.52 382.10 Td (cycle sales pattern.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.77 382.10 Td ( ) Tj ET Q q 0 0 0 rg BT 194.09 382.10 Td (The Company records the wholesale sale of a motorcycle when it is shipped to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 370.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 370.10 Td (s independent dealers. ) Tj ET Q q 0 0 0 rg BT 218.16 370.10 Td (The Company's flexible production capability allows it to more closely correlate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 358.10 Td (motorcycle production and wholesale shipments with the retail selling season. ) Tj ET Q q 0 0 0 rg BT 399.70 358.10 Td (Any dif) Tj ET Q q 0 0 0 rg BT 430.35 358.10 Td (ficulties in executing flexible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 346.10 Td (production could result in lost production or sales. ) Tj ET Q q 0 0 0 rg BT 289.00 346.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 345.28 346.10 Td (, its suppliers, and its independent dealers must be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 334.10 Td (able to successfully manage changes in production rates, inventory levels and other business processes associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 322.10 Td (flexible production. Failure by the Company) Tj ET Q q 0 0 0 rg BT 263.25 322.10 Td (, its suppliers, or its independent dealers to make such adjustments may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 310.10 Td (have a material adverse ef) Tj ET Q q 0 0 0 rg BT 189.80 310.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 276.17 310.10 Td (s business and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 286.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 286.10 Td (The Company incurs substantial costs with r) Tj ET Q q 0 0 0 rg BT 276.00 286.10 Td (espect to employee pension and healthcar) Tj ET Q q 0 0 0 rg BT 452.20 286.10 Td (e benefits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.97 286.10 Td ( ) Tj ET Q q 0 0 0 rg BT 497.28 286.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 557.00 286.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 274.10 Td (cash funding requirements and its estimates of liabilities and expenses for pensions and healthcare benefits for both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 262.10 Td (active and retired employees are based on several factors that are outside the Company) Tj ET Q q 0 0 0 rg BT 435.74 262.10 Td (s control. ) Tj ET Q q 0 0 0 rg BT 475.27 262.10 Td (These factors include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 250.10 Td (funding requirements of the Pension Protection ) Tj ET Q q 0 0 0 rg BT 276.68 250.10 Td (Act of 2006, the rate used to discount the future estimated liability) Tj ET Q q 0 0 0 rg BT 541.52 250.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 238.10 Td (rate of return on plan assets, current and projected healthcare costs, healthcare reform or legislation, retirement age ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 226.10 Td (and mortality) Tj ET Q q 0 0 0 rg BT 138.55 226.10 Td (. Changes in these factors can impact the expense, liabilities and cash requirements associated with these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (benefits which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 275.61 214.10 Td (fect on future results of operations, liquidity or shareholders) Tj ET Q q 0 0 0 rg BT 518.41 214.10 Td ( equity) Tj ET Q q 0 0 0 rg BT 545.26 214.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (addition, costs associated with these benefits put the Company under significant cost pressure as compared to its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.10 Td (competitors that may not bear the costs of similar benefit plans. Furthermore, costs associated with complying with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 178.10 Td (Patient Protection and ) Tj ET Q q 0 0 0 rg BT 175.86 178.10 Td (Af) Tj ET Q q 0 0 0 rg BT 186.23 178.10 Td (fordable Care ) Tj ET Q q 0 0 0 rg BT 242.88 178.10 Td (Act may produce additional cost pressure on the Company and its health care ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 142.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (The ability of the Company to expand international sales may be impacted by existing or) Tj ET Q q 0 0 0 rg BT 463.21 142.10 Td ( new laws and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 130.10 Td (r) Tj ET Q q 0 0 0 rg BT 89.86 130.10 Td (egulations that impose motor) Tj ET Q q 0 0 0 rg BT 213.84 130.10 Td (cycle licensing r) Tj ET Q q 0 0 0 rg BT 281.42 130.10 Td (estrictions and limit access to r) Tj ET Q q 0 0 0 rg BT 412.60 130.10 Td (oads and highways.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.19 130.10 Td (Expanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (international sales is a part of the Company) Tj ET Q q 0 0 0 rg BT 261.94 118.10 Td (s long-term business strategy) Tj ET Q q 0 0 0 rg BT 377.67 118.10 Td (.) Tj ET Q q 0 0 0 rg BT 382.11 118.10 Td (A) Tj ET Q q 0 0 0 rg BT 388.78 118.10 Td ( number of countries have tiered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 106.10 Td (motorcycle licensing requirements that limit the ability of new and younger riders to obtain licenses to operate the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 94.10 Td (s motorcycles, and many countries are considering the implementation of such requirements.) Tj ET Q q 0 0 0 rg BT 500.86 94.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (requirements only allow new and/or younger riders to operate smaller motorcycles for certain periods of time.Riders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 70.10 Td (typically are only permitted to obtain a license to ride lar) Tj ET Q q 0 0 0 rg BT 312.56 70.10 Td (ger motorcycles upon reaching certain ages and/or having ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 58.10 Td (been licensed to ride smaller motorcycles for a certain period of time, and only after passing additional tests and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 46.10 Td (paying additional fees.) Tj ET Q q 0 0 0 rg BT 178.72 46.10 Td (These requirements pose obstacles to lar) Tj ET Q q 0 0 0 rg BT 340.43 46.10 Td (ge displacement motorcycle ownership.Other ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (countries have laws and regulations that prohibit motorcycles from being operated on certain roads and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (highways.) Tj ET Q q 0 0 0 rg BT 128.75 730.10 Td (These types of laws and regulations could adversely impact the Company) Tj ET Q q 0 0 0 rg BT 425.89 730.10 Td (s plans to expand international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (sales.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 694.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 694.10 Td (The Company has a number) Tj ET Q q 0 0 0 rg BT 207.11 694.10 Td ( of competitors, some of which have gr) Tj ET Q q 0 0 0 rg BT 370.79 694.10 Td (eater) Tj ET Q q 0 0 0 rg BT 392.25 694.10 Td ( financial r) Tj ET Q q 0 0 0 rg BT 438.73 694.10 Td (esour) Tj ET Q q 0 0 0 rg BT 461.88 694.10 Td (ces than the Company) Tj ET Q q 0 0 0 rg BT 556.06 694.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.56 694.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (Many of the Company) Tj ET Q q 0 0 0 rg BT 178.64 682.10 Td (s competitors are more diversified than the Company) Tj ET Q q 0 0 0 rg BT 390.43 682.10 Td (, and they may compete in all segments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 670.10 Td (the motorcycle market, other powersports markets and/or the automotive market. Certain competitors appear to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (increasing their investment in products that compete with the Company's products. ) Tj ET Q q 0 0 0 rg BT 418.45 658.10 Td (Also, the Company) Tj ET Q q 0 0 0 rg BT 498.72 658.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 646.10 Td (manufacturer) Tj ET Q q 0 0 0 rg BT 139.27 646.10 Td () Tj ET Q q 0 0 0 rg BT 142.05 646.10 Td (s suggested retail price for its motorcycles is generally higher than its competitors, and if price becomes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (a more important competitive factor for consumers in the markets in which the Company competes, the Company may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 622.10 Td (be at a competitive disadvantage. Furthermore, many competitors headquartered outside the U.S. experience a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (financial benefit from a strengthening in the U.S. dollar relative to their home currency that can be used to fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (discounted prices to U.S. consumers. In addition, the Company) Tj ET Q q 0 0 0 rg BT 341.12 598.10 Td (s financial services operations face competition from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (various banks, insurance companies and other financial institutions that may have access to additional sources of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (capital at more competitive rates and terms, particularly for borrowers in higher credit tiers. ) Tj ET Q q 0 0 0 rg BT 454.17 574.10 Td (The Company's responses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (to these competitive pressures, or its failure to adequately address and respond to these competitive pressures, may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 550.10 Td (have a material adverse ef) Tj ET Q q 0 0 0 rg BT 189.80 550.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 276.17 550.10 Td (s business and results of operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.60 526.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 526.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 526.10 Td (s operations ar) Tj ET Q q 0 0 0 rg BT 212.55 526.10 Td (e dependent upon attracting and r) Tj ET Q q 0 0 0 rg BT 358.22 526.10 Td (etaining skilled employees, including skilled ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 514.10 Td (labor) Tj ET Q q 0 0 0 rg BT 107.46 514.10 Td (, executive officers and other) Tj ET Q q 0 0 0 rg BT 229.74 514.10 Td ( senior) Tj ET Q q 0 0 0 rg BT 258.17 514.10 Td ( leaders. ) Tj ET Q q 0 0 0 rg BT 296.03 514.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 359.84 514.10 Td (s futur) Tj ET Q q 0 0 0 rg BT 388.27 514.10 Td (e success depends on its continuing ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 502.10 Td (ability to identify) Tj ET Q q 0 0 0 rg BT 158.38 502.10 Td (, hir) Tj ET Q q 0 0 0 rg BT 175.98 502.10 Td (e, develop, motivate, r) Tj ET Q q 0 0 0 rg BT 269.66 502.10 Td (etain and pr) Tj ET Q q 0 0 0 rg BT 321.71 502.10 Td (omote skilled personnel for) Tj ET Q q 0 0 0 rg BT 437.36 502.10 Td ( all ar) Tj ET Q q 0 0 0 rg BT 462.17 502.10 Td (eas of its organization.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.72 502.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 490.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 145.31 490.10 Td (s current and future total compensation arrangements, which include benefits and incentive awards, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 478.10 Td (may not be successful in attracting new employees and retaining and motivating the Company) Tj ET Q q 0 0 0 rg BT 465.22 478.10 Td (s existing employees. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 466.10 Td (addition, the Company must cultivate and sustain a work environment where employees are engaged and ener) Tj ET Q q 0 0 0 rg BT 525.28 466.10 Td (gized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 454.10 Td (their jobs to maximize their performance. If the Company does not succeed in attracting new personnel, retaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 442.10 Td (existing personnel, implementing ef) Tj ET Q q 0 0 0 rg BT 229.28 442.10 Td (fective succession plans and motivating and engaging personnel, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 430.10 Td (executive of) Tj ET Q q 0 0 0 rg BT 134.56 430.10 Td (ficers, the Company may be unable to develop and distribute products and services and ef) Tj ET Q q 0 0 0 rg BT 493.44 430.10 Td (fectively execute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 418.10 Td (its plans and strategies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 394.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 394.10 Td (The Financial Services operations r) Tj ET Q q 0 0 0 rg BT 236.52 394.10 Td (ely on external sour) Tj ET Q q 0 0 0 rg BT 320.49 394.10 Td (ces to finance a significant portion of its operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.65 394.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 382.10 Td (Liquidity is essential to the Company) Tj ET Q q 0 0 0 rg BT 238.09 382.10 Td (s Financial Services business. Disruptions in financial markets may cause ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 370.10 Td (lenders and institutional investors to reduce or cease to loan money to borrowers, including financial institutions. ) Tj ET Q q 0 0 0 rg BT 539.76 370.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 358.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 358.10 Td (s Financial Services operations may be negatively af) Tj ET Q q 0 0 0 rg BT 337.29 358.10 Td (fected by dif) Tj ET Q q 0 0 0 rg BT 387.65 358.10 Td (ficulty in raising capital in the long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 346.10 Td (and short-term capital markets. ) Tj ET Q q 0 0 0 rg BT 212.32 346.10 Td (These negative consequences may in turn adversely af) Tj ET Q q 0 0 0 rg BT 429.55 346.10 Td (fect the Company) Tj ET Q q 0 0 0 rg BT 503.42 346.10 Td (s business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 334.10 Td (results of operations in various ways, including through higher costs of capital, reduced funds available through its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 322.10 Td (financial services operations to provide loans to independent dealers and their retail customers, and dilution to existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 310.10 Td (share value through the use of alternative sources of capital.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 286.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 286.10 Td (The Financial Services operations ar) Tj ET Q q 0 0 0 rg BT 241.52 286.10 Td (e highly dependent on accessing capital markets to fund their) Tj ET Q q 0 0 0 rg BT 502.18 286.10 Td ( operations at ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 274.10 Td (competitive inter) Tj ET Q q 0 0 0 rg BT 157.89 274.10 Td (est rates, the Company) Tj ET Q q 0 0 0 rg BT 258.61 274.10 Td (s access to capital and its cost of capital ar) Tj ET Q q 0 0 0 rg BT 437.58 274.10 Td (e highly dependent upon its ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 262.10 Td (cr) Tj ET Q q 0 0 0 rg BT 94.30 262.10 Td (edit ratings, and any negative cr) Tj ET Q q 0 0 0 rg BT 231.33 262.10 Td (edit rating actions will adversely affect its earnings and r) Tj ET Q q 0 0 0 rg BT 473.07 262.10 Td (esults of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.79 262.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 250.10 Td (The ability of the Company and its Financial Services operations to access unsecured capital markets is influenced by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 238.10 Td (their short-term and long-term credit ratings. If the Company) Tj ET Q q 0 0 0 rg BT 332.48 238.10 Td (s credit ratings are downgraded or its ratings outlook is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 226.10 Td (negatively changed, the Company) Tj ET Q q 0 0 0 rg BT 224.45 226.10 Td (s cost of borrowing could increase, resulting in reduced earnings and interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (mar) Tj ET Q q 0 0 0 rg BT 100.97 214.10 Td (gins, or the Company) Tj ET Q q 0 0 0 rg BT 189.85 214.10 Td (s access to capital may be disrupted or impaired. ) Tj ET Q q 0 0 0 rg BT 386.27 214.10 Td (The Company borrowed $750,000,000 in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (2015 to fund the repurchase of its Common Stock, which increased the Company's leverage. Having increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.10 Td (leverage increases the risk of a downgrade in the Company's credit ratings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 166.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (The Financial Services operations ar) Tj ET Q q 0 0 0 rg BT 241.52 166.10 Td (e exposed to cr) Tj ET Q q 0 0 0 rg BT 304.37 166.10 Td (edit risk on its r) Tj ET Q q 0 0 0 rg BT 371.97 166.10 Td (etail and wholesale r) Tj ET Q q 0 0 0 rg BT 459.29 166.10 Td (eceivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.55 166.10 Td ( Credit risk is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 154.10 Td (the risk of loss arising from a failure by a customer) Tj ET Q q 0 0 0 rg BT 289.59 154.10 Td (, including the Company's independent dealers, to meet the terms of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (any contract with the Company) Tj ET Q q 0 0 0 rg BT 213.90 142.10 Td (s financial services operations. Credit losses are influenced by general business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 130.10 Td (economic conditions, including unemployment rates, bankruptcy filings and other factors that negatively af) Tj ET Q q 0 0 0 rg BT 514.75 130.10 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (household incomes, as well as contract terms and customer credit profiles. Credit losses are also influenced by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 106.10 Td (markets for new and used motorcycles, and the Company and its independent dealers can and do take actions that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (impact those markets. For example, the introduction of new models by the Company that represent significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (upgrades on previous models or a decrease in the inventory of used motorcycles available for sale at Harley-Davidson ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 70.10 Td (dealers in the U.S. may result in increased supply or decreased demand in the market for used Harley-Davidson-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 58.10 Td (branded motorcycles, including motorcycles securing credit that HDFS has extended. ) Tj ET Q q 0 0 0 rg BT 429.77 58.10 Td (This in turn could adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 46.10 Td (impact the prices at which those motorcycles may be sold, which may lead to increased credit losses for HDFS. ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (Negative changes in general business, economic or market factors may have an additional adverse impact on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 730.10 Td (s financial services credit losses and future earnings. ) Tj ET Q q 0 0 0 rg BT 339.51 730.10 Td (The Company believes HDFS' retail credit losses may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (continue to increase over time due to changing consumer credit behavior and HDFS' ef) Tj ET Q q 0 0 0 rg BT 433.50 718.10 Td (forts to increase prudently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 706.10 Td (structured loan approvals in the sub-prime lending environment. Increases in the frequency of loss and decreases in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 694.10 Td (value of repossessed Harley-Davidson branded motorcycles also adversely impact credit losses. If there are adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 682.10 Td (circumstances that involve a material decline in values of Harley-Davidson branded motorcycles, those circumstances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 670.10 Td (or any related decline in resale values for Harley-Davidson branded motorcycles could contribute to increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 658.10 Td (delinquencies and credit losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 634.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 634.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 634.10 Td (s Motor) Tj ET Q q 0 0 0 rg BT 182.82 634.10 Td (cycles segment is dependent upon unionized labor) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.06 634.10 Td (. Substantially all of the hourly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 622.10 Td (production employees working in the Motorcycles segment are represented by unions and covered by collective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 610.10 Td (bar) Tj ET Q q 0 0 0 rg BT 98.19 610.10 Td (gaining agreements. Harley-Davidson Motor Company is currently a party to five collective bar) Tj ET Q q 0 0 0 rg BT 481.50 610.10 Td (gaining agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 598.10 Td (with local af) Tj ET Q q 0 0 0 rg BT 135.40 598.10 Td (filiates of the International ) Tj ET Q q 0 0 0 rg BT 243.70 598.10 Td (Association of Machinists and ) Tj ET Q q 0 0 0 rg BT 367.02 598.10 Td (Aerospace ) Tj ET Q q 0 0 0 rg BT 411.53 598.10 Td (W) Tj ET Q q 0 0 0 rg BT 420.17 598.10 Td (orkers and the United Steelworkers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 586.10 Td (of ) Tj ET Q q 0 0 0 rg BT 95.88 586.10 Td (America. Current collective bar) Tj ET Q q 0 0 0 rg BT 222.30 586.10 Td (gaining agreements with hourly employees in Missouri, ) Tj ET Q q 0 0 0 rg BT 447.64 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 456.68 586.10 Td (isconsin and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 574.10 Td (Pennsylvania will expire in 2018, 2019 and 2022, respectively) Tj ET Q q 0 0 0 rg BT 334.35 574.10 Td (. Collective bar) Tj ET Q q 0 0 0 rg BT 395.53 574.10 Td (gaining agreements generally cover ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 562.10 Td (wages, healthcare benefits and retirement plans, seniority) Tj ET Q q 0 0 0 rg BT 314.31 562.10 Td (, job classes and work rules. ) Tj ET Q q 0 0 0 rg BT 429.10 562.10 Td (There is no certainty that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 550.10 Td (Company will be successful in negotiating new agreements with these unions that extend beyond the current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 538.10 Td (expiration dates or that these new agreements will be on terms that will allow the Company to be competitive. Failure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 526.10 Td (to renew these agreements when they expire or to establish new collective bar) Tj ET Q q 0 0 0 rg BT 396.97 526.10 Td (gaining agreements on terms acceptable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 514.10 Td (to the Company and the unions could result in the relocation of production facilities, work stoppages or other labor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 502.10 Td (disruptions which may have a material adverse ef) Tj ET Q q 0 0 0 rg BT 283.40 502.10 Td (fect on customer relationships and the Company) Tj ET Q q 0 0 0 rg BT 479.47 502.10 Td (s business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 490.10 Td (results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 466.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 466.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 149.40 466.10 Td (s operations may be affected by gr) Tj ET Q q 0 0 0 rg BT 295.31 466.10 Td (eenhouse emissions and climate change and r) Tj ET Q q 0 0 0 rg BT 487.36 466.10 Td (elated ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 454.10 Td (r) Tj ET Q q 0 0 0 rg BT 89.86 454.10 Td (egulations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.20 454.10 Td (. Climate change is receiving increasing attention worldwide. Many scientists, legislators and others ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 442.10 Td (attribute climate change to increased levels of greenhouse gases, including carbon dioxide, which has led to significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 430.10 Td (legislative and regulatory ef) Tj ET Q q 0 0 0 rg BT 197.32 430.10 Td (forts to limit greenhouse gas emissions. Congress has previously considered and may in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 418.10 Td (the future implement restrictions on greenhouse gas emissions. In addition, several states, including states where the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 406.10 Td (Company has manufacturing plants, have previously considered and may in the future implement greenhouse gas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 394.10 Td (registration and reduction programs. Ener) Tj ET Q q 0 0 0 rg BT 252.31 394.10 Td (gy security and availability and its related costs af) Tj ET Q q 0 0 0 rg BT 452.06 394.10 Td (fect all aspects of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 382.10 Td (Company) Tj ET Q q 0 0 0 rg BT 127.27 382.10 Td (s manufacturing operations in the United States, including the Company) Tj ET Q q 0 0 0 rg BT 418.88 382.10 Td (s supply chain. ) Tj ET Q q 0 0 0 rg BT 480.91 382.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 540.62 382.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 370.10 Td (manufacturing plants use ener) Tj ET Q q 0 0 0 rg BT 205.65 370.10 Td (gy) Tj ET Q q 0 0 0 rg BT 215.00 370.10 Td (, including electricity and natural gas, and certain of the Company) Tj ET Q q 0 0 0 rg BT 482.14 370.10 Td (s plants emit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 358.10 Td (amounts of greenhouse gas that may be af) Tj ET Q q 0 0 0 rg BT 253.42 358.10 Td (fected by these legislative and regulatory ef) Tj ET Q q 0 0 0 rg BT 427.61 358.10 Td (forts. Greenhouse gas regulation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 346.10 Td (could increase the price of the electricity the Company purchases, increase costs for use of natural gas, potentially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 334.10 Td (restrict access to or the use of natural gas, require the Company to purchase allowances to of) Tj ET Q q 0 0 0 rg BT 455.57 334.10 Td (fset the Company) Tj ET Q q 0 0 0 rg BT 528.89 334.10 Td (s own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 322.10 Td (emissions or result in an overall increase in costs of raw materials, any one of which could increase the Company) Tj ET Q q 0 0 0 rg BT 541.58 322.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 310.10 Td (costs, reduce competitiveness in a global economy or otherwise negatively af) Tj ET Q q 0 0 0 rg BT 394.49 310.10 Td (fect the Company) Tj ET Q q 0 0 0 rg BT 468.35 310.10 Td (s business, operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 298.10 Td (or financial results. Many of the Company) Tj ET Q q 0 0 0 rg BT 258.06 298.10 Td (s suppliers face similar circumstances. Physical risks to the Company) Tj ET Q q 0 0 0 rg BT 538.56 298.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 286.10 Td (business operations as identified by the Inter) Tj ET Q q 0 0 0 rg BT 263.71 286.10 Td (governmental Panel on Climate Change and other expert bodies include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 274.10 Td (scenarios such as sea level rise, extreme weather conditions and resource shortages. Extreme weather may disrupt the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 262.10 Td (production and supply of component parts or other items such as natural gas, a fuel necessary for the manufacture of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 250.10 Td (motorcycles and their components. Supply disruptions would raise market rates and jeopardize the continuity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 238.10 Td (motorcycle production.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 214.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 214.10 Td (Regulations r) Tj ET Q q 0 0 0 rg BT 142.92 214.10 Td (elated to conflict minerals and other) Tj ET Q q 0 0 0 rg BT 296.88 214.10 Td ( materials that the Company pur) Tj ET Q q 0 0 0 rg BT 436.97 214.10 Td (chases to use in its pr) Tj ET Q q 0 0 0 rg BT 527.07 214.10 Td (oducts ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.60 202.10 Td (will cause the Company to incur) Tj ET Q q 0 0 0 rg BT 222.92 202.10 Td ( additional expenses and may have other) Tj ET Q q 0 0 0 rg BT 395.53 202.10 Td ( adverse consequences.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.02 202.10 Td ( ) Tj ET Q q 0 0 0 rg BT 495.34 202.10 Td (The SEC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.10 Td (adopted inquiry) Tj ET Q q 0 0 0 rg BT 147.99 190.10 Td (, diligence and disclosure requirements related to certain minerals sourced from the Democratic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 178.10 Td (Republic of Congo and surrounding countries, or "conflict minerals", that are necessary to the functionality of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.10 Td (product manufactured, or contracted to be manufactured, by an SEC reporting company) Tj ET Q q 0 0 0 rg BT 436.22 166.10 Td (. Compliance with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 154.10 Td (disclosure requirements could af) Tj ET Q q 0 0 0 rg BT 215.65 154.10 Td (fect the sourcing and availability of some of the minerals that the Company uses in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.10 Td (manufacturing of its products. ) Tj ET Q q 0 0 0 rg BT 208.45 142.10 Td (The Company's supply chain is complex, and if it is not able to determine the source ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 130.10 Td (and chain of custody for all conflict minerals used in its products that are sourced from the Democratic Republic of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.10 Td (Congo and surrounding countries or determine that its products are "conflict free", then the Company may face ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 106.10 Td (reputational challenges with customers, investors or others. ) Tj ET Q q 0 0 0 rg BT 324.71 106.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 374.61 106.10 Td (, as there may be only a limited number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.10 Td (suppliers of) Tj ET Q q 0 0 0 rg BT 132.36 94.10 Td (fering "conflict free" minerals, if the Company chooses to use only conflict minerals that are "conflict ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 82.10 Td (free", the Company cannot be sure that it will be able to obtain necessary materials from such suppliers in suf) Tj ET Q q 0 0 0 rg BT 523.27 82.10 Td (ficient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 70.10 Td (quantities or at competitive prices. ) Tj ET Q q 0 0 0 rg BT 225.56 70.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 274.90 70.10 Td (, the Company could incur significant costs related to the compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 58.10 Td (process, including potential dif) Tj ET Q q 0 0 0 rg BT 209.28 58.10 Td (ficulty or added costs in satisfying the disclosure requirements. Other laws or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 46.10 Td (regulations impacting our supply chain, such as the UK Modern Slavery ) Tj ET Q q 0 0 0 rg BT 376.65 46.10 Td (Act, may have similar consequences.) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The Company disclaims any obligation to update these Risk Factors or any other forward-looking statements. ) Tj ET Q q 0 0 0 rg BT 514.84 742.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Company assumes no obligation \(and specifically disclaims any such obligation\) to update these Risk Factors or any other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (forward-looking statements to reflect actual results, changes in assumptions or other factors af) Tj ET Q q 0 0 0 rg BT 426.65 718.10 Td (fecting such forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (Item 1B. ) Tj ET Q q 0 0 0 rg BT 113.00 685.10 Td (Unresolved Staf) Tj ET Q q 0 0 0 rg BT 178.65 685.10 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 664.10 Td (None.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 643.10 Td (Item 2. ) Tj ET Q q 0 0 0 rg BT 112.50 643.10 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 622.10 Td (The following is a summary of the principal operating properties of the Company as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.69 622.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.27 622.10 Td (:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.00 592.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 244.03 592.10 Td (cycles & Related Pr) Tj ET Q q 0 0 0 rg BT 327.98 592.10 Td (oducts Segment) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 560.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 560.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 560.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 560.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 560.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 560.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 560.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 530.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 530.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 530.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 530.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 500.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 500.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 500.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 500.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 470.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 470.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 470.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 470.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 440.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 440.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 440.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 440.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 440.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 410.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 410.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 410.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 410.60 104.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 560.6 m 265 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 560.6 m 385 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 560.6 m 455 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 560.6 m 563 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 560.6 m 385 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 560.6 m 455 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 560.6 m 563 560.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 564.83 Td (Type of Facility) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.35 564.83 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.90 572.83 Td (Appr) Tj ET Q q 0 0 0 rg BT 416.98 572.83 Td (oximate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 564.83 Td (Squar) Tj ET Q q 0 0 0 rg BT 421.75 564.83 Td (e Feet) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.80 564.83 Td (Status) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 550.27 Td (Corporate Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 550.27 Td (Milwaukee, WI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 550.27 Td (515,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 550.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 535.27 Td (Museum) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 535.27 Td (Milwaukee, WI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 535.27 Td (130,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 535.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 520.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 524.80 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 520.27 Td (Menomonee Falls, WI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 520.27 Td (915,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 520.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 505.27 Td (Product Development Center) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 505.27 Td (Wauwatosa, WI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 505.27 Td (409,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 505.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 490.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 494.80 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 490.27 Td (Tomahawk, WI) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 490.27 Td (226,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 490.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 475.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 479.80 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 475.27 Td (York, PA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 475.27 Td (616,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 475.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 460.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 464.80 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 460.27 Td (Kansas City, MO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 460.27 Td (456,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 460.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 445.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 449.80 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 445.27 Td (Manaus, Brazil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 445.27 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 445.27 Td (Lease expiring 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 430.27 Td (Regional Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 430.27 Td (Oxford, England) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 430.27 Td (39,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 430.27 Td (Lease expiring 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 415.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 419.80 Td (\(6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 415.27 Td (Bawal, India) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 415.27 Td (64,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 415.27 Td (Lease expiring 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 400.27 Td (Regional Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 400.27 Td (Singapore) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 400.27 Td (24,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 400.27 Td (Lease expiring 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 385.27 Td (Manufacturing) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.92 389.80 Td (\(7\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 385.27 Td (Adelaide, Australia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 385.27 Td (485,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 385.27 Td (Lease expiring 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 357.10 Td (\(1\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 357.10 Td (Motorcycle powertrain production.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 345.10 Td (\(2\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 345.10 Td (Plastic parts production and painting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 333.10 Td (\(3\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 333.10 Td (Motorcycle parts fabrication, painting and Softail) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 272.57 337.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.51 333.10 Td ( and touring model assembly) Tj ET Q q 0 0 0 rg BT 392.39 333.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 321.10 Td (\(4\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 321.10 Td (Motorcycle parts fabrication, painting and Dyna) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 267.56 325.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.50 321.10 Td (, Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 313.61 325.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.55 321.10 Td (, Softail) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 350.21 325.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 321.10 Td (, ) Tj ET Q q 0 0 0 rg BT 359.97 321.10 Td (V) Tj ET Q q 0 0 0 rg BT 366.27 321.10 Td (-Rod) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 386.27 325.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.21 321.10 Td ( and Street platform assembly) Tj ET Q q 0 0 0 rg BT 509.98 321.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 309.10 Td (\(5\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 309.10 Td (Assembly of select models for the Brazilian market.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 297.10 Td (\(6\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 297.10 Td (Assembly of select models for the Indian market and production of the Street platform for non-North ) Tj ET Q q 0 0 0 rg BT 480.86 297.10 Td (American markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.85 285.10 Td (\(7\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.85 285.10 Td (Motorcycle wheel production.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 247.65 255.10 Td (Financial Services Segment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.30 255.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 223.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 223.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 223.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 223.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 223.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 223.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 223.60 104.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 193.60 215.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 193.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.00 193.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 193.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 193.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 193.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 193.60 104.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 223.60000000000002 m 265 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 223.60000000000002 m 385 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 223.60000000000002 m 455 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 223.60000000000002 m 563 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269 223.60000000000002 m 385 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 223.60000000000002 m 455 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 223.60000000000002 m 563 223.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 227.83 Td (Type of Facility) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.35 227.83 Td (Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.90 235.83 Td (Appr) Tj ET Q q 0 0 0 rg BT 416.98 235.83 Td (oximate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 227.83 Td (Squar) Tj ET Q q 0 0 0 rg BT 421.75 227.83 Td (e Feet) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.80 227.83 Td (Status) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 213.27 Td (Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 213.27 Td (Chicago, IL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 213.27 Td (26,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 213.27 Td (Leaseexpiring2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 198.27 Td (Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 198.27 Td (Plano, TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 198.27 Td (69,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 198.27 Td (Lease expiring 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 183.27 Td (Office) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 183.27 Td (Carson City, NV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 183.27 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 183.27 Td (Owned) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 158.10 Td (The Financial Services segment has three of) Tj ET Q q 0 0 0 rg BT 249.93 158.10 Td (fice facilities: Chicago, Illinois \(corporate headquarters\); Plano, ) Tj ET Q q 0 0 0 rg BT 507.15 158.10 Td (T) Tj ET Q q 0 0 0 rg BT 512.56 158.10 Td (exas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 146.10 Td (\(wholesale and retail operations\); and Carson City) Tj ET Q q 0 0 0 rg BT 249.91 146.10 Td (, Nevada \(retail and insurance operations\).) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 125.10 Td (Item 3. ) Tj ET Q q 0 0 0 rg BT 113.00 125.10 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 104.10 Td (The Company is subject to lawsuits and other claims related to environmental, product and other matters. In determining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 92.10 Td (required reserves related to these items, the Company carefully analyzes cases and considers the likelihood of adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.10 Td (judgments or outcomes, as well as the potential range of possible loss. ) Tj ET Q q 0 0 0 rg BT 333.10 80.10 Td (The required reserves are monitored on an ongoing basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.10 Td (and are updated based on new developments or new information in each matter) Tj ET Q q 0 0 0 rg BT 366.56 68.10 Td (.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Envir) Tj ET Q q 0 0 0 rg BT 71.85 742.10 Td (onmental Pr) Tj ET Q q 0 0 0 rg BT 121.19 742.10 Td (otection ) Tj ET Q q 0 0 0 rg BT 155.72 742.10 Td (Agency Notice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.10 Td (In December 2009, the Company received formal, written requests for information from the United States Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 93.05 709.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 140.73 709.10 Td (A\) regarding: \(i\)certificates of conformity for motorcycle emissions and related designations and labels, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (\(ii\)aftermarket parts, and \(iii\)warranty claims on emissions related components. ) Tj ET Q q 0 0 0 rg BT 376.10 697.10 Td (The Company promptly submitted written ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (responses to the EP) Tj ET Q q 0 0 0 rg BT 127.13 685.10 Td (A) Tj ET Q q 0 0 0 rg BT 133.24 685.10 Td () Tj ET Q q 0 0 0 rg BT 136.02 685.10 Td (s inquiry and has engaged in discussions with the EP) Tj ET Q q 0 0 0 rg BT 346.47 685.10 Td (A. Since that time, the EP) Tj ET Q q 0 0 0 rg BT 449.15 685.10 Td (A) Tj ET Q q 0 0 0 rg BT 455.82 685.10 Td ( has delivered various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.90 Td (additional requests for information to which the Company has responded.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 344.38 671.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.13 671.90 Td (It is probable that a result of the EP) Tj ET Q q 0 0 0 rg BT 487.84 671.90 Td (A) Tj ET Q q 0 0 0 rg BT 493.96 671.90 Td () Tj ET Q q 0 0 0 rg BT 496.73 671.90 Td (s investigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.90 Td (will be some form of enforcement action by the EP) Tj ET Q q 0 0 0 rg BT 253.75 659.90 Td (A) Tj ET Q q 0 0 0 rg BT 260.42 659.90 Td ( that will seek a fine and/or other relief. ) Tj ET Q q 0 0 0 rg BT 420.73 659.90 Td (The Company has a reserve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.90 Td (associated with this matter which is included in accrued liabilities in the Consolidated Balance Sheet. However) Tj ET Q q 0 0 0 rg BT 493.92 647.90 Td (, given the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.90 Td (uncertainty that still exists concerning the resolution of this matter) Tj ET Q q 0 0 0 rg BT 314.81 635.90 Td (, there is a possibility that the actual loss incurred may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.90 Td (materially dif) Tj ET Q q 0 0 0 rg BT 103.96 623.90 Td (ferent than the Company) Tj ET Q q 0 0 0 rg BT 205.88 623.90 Td (s current reserve. ) Tj ET Q q 0 0 0 rg BT 276.40 623.90 Td (At this time, the Company cannot reasonably estimate the impact of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 611.90 Td (any remedies the EP) Tj ET Q q 0 0 0 rg BT 131.00 611.90 Td (A) Tj ET Q q 0 0 0 rg BT 137.67 611.90 Td ( might seek beyond the Company's current reserve for this matter) Tj ET Q q 0 0 0 rg BT 398.44 611.90 Td (, if any) Tj ET Q q 0 0 0 rg BT 425.84 611.90 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 590.90 Td (Y) Tj ET Q q 0 0 0 rg BT 54.64 590.90 Td (ork Envir) Tj ET Q q 0 0 0 rg BT 92.32 590.90 Td (onmental Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 569.90 Td (The Company is involved with government agencies and groups of potentially responsible parties in various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 557.90 Td (environmental matters, including a matter involving the cleanup of soil and groundwater contamination at its ) Tj ET Q q 0 0 0 rg BT 487.85 557.90 Td (Y) Tj ET Q q 0 0 0 rg BT 494.07 557.90 Td (ork, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 545.90 Td (Pennsylvania facility) Tj ET Q q 0 0 0 rg BT 133.50 545.90 Td (. ) Tj ET Q q 0 0 0 rg BT 138.32 545.90 Td (The ) Tj ET Q q 0 0 0 rg BT 155.99 545.90 Td (Y) Tj ET Q q 0 0 0 rg BT 162.21 545.90 Td (ork facility was formerly used by the U.S. Navy and ) Tj ET Q q 0 0 0 rg BT 373.28 545.90 Td (AMF prior to the purchase of the ) Tj ET Q q 0 0 0 rg BT 507.60 545.90 Td (Y) Tj ET Q q 0 0 0 rg BT 513.82 545.90 Td (ork facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.90 Td (by the Company from ) Tj ET Q q 0 0 0 rg BT 139.99 533.90 Td (AMF in 1981. ) Tj ET Q q 0 0 0 rg BT 198.89 533.90 Td (Although the Company is not certain as to the full extent of the environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.90 Td (contamination at the ) Tj ET Q q 0 0 0 rg BT 133.77 521.90 Td (Y) Tj ET Q q 0 0 0 rg BT 139.99 521.90 Td (ork facility) Tj ET Q q 0 0 0 rg BT 183.49 521.90 Td (, it has been working with the Pennsylvania Department of Environmental Protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.90 Td (\(P) Tj ET Q q 0 0 0 rg BT 57.97 509.90 Td (ADEP\) since 1986 in undertaking environmental investigation and remediation activities, including an ongoing site-wide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.90 Td (remedial investigation/feasibility study \(RI/FS\). In January 1995, the Company entered into a settlement agreement \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 485.90 Td (Agreement\) with the Navy) Tj ET Q q 0 0 0 rg BT 156.26 485.90 Td (, and the parties amended the ) Tj ET Q q 0 0 0 rg BT 274.83 485.90 Td (Agreement in 2013 to address ordnance and explosive waste.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 464.90 Td (The ) Tj ET Q q 0 0 0 rg BT 90.00 464.90 Td (Agreement calls for the Navy and the Company to contribute amounts into a trust equal to 53% and 47%, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.90 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 452.90 Td (, of future costs associated with environmental investigation and remediation activities at the ) Tj ET Q q 0 0 0 rg BT 470.52 452.90 Td (Y) Tj ET Q q 0 0 0 rg BT 476.74 452.90 Td (ork facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.90 Td (\(Response Costs\). ) Tj ET Q q 0 0 0 rg BT 124.54 440.90 Td (The trust administers the payment of the Response Costs incurred at the ) Tj ET Q q 0 0 0 rg BT 414.11 440.90 Td (Y) Tj ET Q q 0 0 0 rg BT 420.33 440.90 Td (ork facility as covered by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.90 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 407.90 Td (The Company has a reserve for its estimate of its share of the future Response Costs at the ) Tj ET Q q 0 0 0 rg BT 435.92 407.90 Td (Y) Tj ET Q q 0 0 0 rg BT 442.14 407.90 Td (ork facility which is included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.90 Td (in accrued liabilities in the Condensed Consolidated Balance Sheets. ) Tj ET Q q 0 0 0 rg BT 326.04 395.90 Td (As noted above, the RI/FS is still underway and given the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.90 Td (uncertainty that exists concerning the nature and scope of additional environmental investigation and remediation that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.90 Td (ultimately be required under the RI/FS or otherwise at the ) Tj ET Q q 0 0 0 rg BT 283.46 371.90 Td (Y) Tj ET Q q 0 0 0 rg BT 289.68 371.90 Td (ork facility) Tj ET Q q 0 0 0 rg BT 333.18 371.90 Td (, the Company is unable to make a reasonable estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.90 Td (of those additional costs, if any) Tj ET Q q 0 0 0 rg BT 174.33 359.90 Td (, that may result.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 338.90 Td (The estimate of the Company) Tj ET Q q 0 0 0 rg BT 193.58 338.90 Td (s future Response Costs that will be incurred at the ) Tj ET Q q 0 0 0 rg BT 399.28 338.90 Td (Y) Tj ET Q q 0 0 0 rg BT 405.50 338.90 Td (ork facility is based on reports of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.90 Td (independent environmental consultants retained by the Company) Tj ET Q q 0 0 0 rg BT 309.28 326.90 Td (, the actual costs incurred to date and the estimated costs to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.90 Td (complete the necessary investigation and remediation activities. Response Costs are expected to be paid over the next several ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.90 Td (years.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 281.90 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 281.90 Td (oduct Liability Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 260.90 Td (The Company is involved in product liability suits related to the operation of its business. ) Tj ET Q q 0 0 0 rg BT 432.82 260.90 Td (The Company accrues for claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.90 Td (exposures that are probable of occurrence and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 353.57 248.90 Td (The Company also maintains insurance coverage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.90 Td (for product liability exposures. ) Tj ET Q q 0 0 0 rg BT 175.63 236.90 Td (The Company believes that its accruals and insurance coverage are adequate and that product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.90 Td (liability suits will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 241.98 224.90 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 328.35 224.90 Td (s consolidated financial statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 203.90 Td (Item 4. ) Tj ET Q q 0 0 0 rg BT 113.00 203.90 Td (Mine Safety Disclosures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 182.90 Td (Not ) Tj ET Q q 0 0 0 rg BT 90.95 182.90 Td (Applicable) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 293.22 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 307.31 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 313.80 742.25 Td ( II) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.08 742.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Item 5. ) Tj ET Q q 0 0 0 rg BT 113.00 721.25 Td (Market for Registrant's Common Equity) Tj ET Q q 0 0 0 rg BT 279.32 721.25 Td (, Related Stockholder Matters and Issuer Purchase of Equity ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 113.00 709.25 Td (Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 688.25 Td (Harley-Davidson, Inc. common stock is traded on the New ) Tj ET Q q 0 0 0 rg BT 311.62 688.25 Td (Y) Tj ET Q q 0 0 0 rg BT 317.84 688.25 Td (ork Stock Exchange, Inc. ) Tj ET Q q 0 0 0 rg BT 420.96 688.25 Td (The high and low market prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.25 Td (for the common stock, reported as New ) Tj ET Q q 0 0 0 rg BT 210.14 676.25 Td (Y) Tj ET Q q 0 0 0 rg BT 216.36 676.25 Td (ork Stock Exchange, Inc. Composite ) Tj ET Q q 0 0 0 rg BT 365.31 676.25 Td (T) Tj ET Q q 0 0 0 rg BT 371.07 676.25 Td (ransactions, were as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.59 676.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.75 122.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 653.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 653.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 653.75 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 653.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 653.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.75 122.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.50 623.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 623.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 623.75 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 623.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 623.75 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 653.75 m 172.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 653.75 m 241.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 653.75 m 310.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 653.75 m 423.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 653.75 m 492.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 653.75 m 562.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 653.75 m 241.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 653.75 m 310.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 653.75 m 492.5 653.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 653.75 m 562.5 653.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 103.00 657.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 200.90 657.83 Td (Low) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.05 657.83 Td (High) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.50 657.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.90 657.83 Td (Low) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.55 657.83 Td (High) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 643.42 Td (First quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 643.42 Td (58.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 643.42 Td (66.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 643.42 Td (First quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 643.42 Td (60.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 643.42 Td (70.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 628.42 Td (Second quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 628.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 628.42 Td (53.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 628.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 628.42 Td (62.96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 628.42 Td (Second quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 628.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 628.42 Td (63.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 628.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 628.42 Td (74.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 613.42 Td (Third quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 613.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 613.42 Td (50.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 613.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 613.42 Td (60.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 613.42 Td (Third quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 613.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 613.42 Td (60.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 613.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 613.42 Td (70.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 598.42 Td (Fourth quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.00 598.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 598.42 Td (45.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 598.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 598.42 Td (57.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 598.42 Td (Fourth quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 598.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 598.42 Td (54.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 598.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 598.42 Td (70.41) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 573.25 Td (The Company paid the following dividends per share:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.79 573.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.75 291.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 550.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 550.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 550.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 520.75 291.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 520.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 520.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 520.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.75 291.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 490.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 490.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 490.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 550.75 m 414.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 550.75 m 488.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 550.75 m 562.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 550.75 m 414.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 550.75 m 488.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 550.75 m 562.5 550.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 490.75 m 414.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 490.75 m 488.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 490.75 m 562.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 490.75 m 414.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 476.75 m 414.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 474.75 m 414.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 476.75 m 488.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 474.75 m 488.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 476.75 m 562.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 474.75 m 562.5 474.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.50 554.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 554.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 554.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 540.42 Td (First quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 540.42 Td (0.310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 540.42 Td (0.275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 540.42 Td (0.210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.42 Td (Second quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 525.42 Td (0.310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 525.42 Td (0.275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 525.42 Td (0.210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.42 Td (Third quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 510.42 Td (0.310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 510.42 Td (0.275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.42 Td (0.210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.42 Td (Fourth quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 495.42 Td (0.310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 495.42 Td (0.275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 495.42 Td (0.210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 480.42 Td (1.240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 480.42 Td (1.100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 480.42 Td (0.840) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 455.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.44 455.25 Td (January29, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.04 455.25 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.46 455.25 Td (75,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.96 455.25 Td ( shareholders of record of Harley-Davidson, Inc. common stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 434.25 Td (The following table contains detail related to the repurchase of common stock based on the date of trade during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.19 422.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.78 422.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.75 153.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 374.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 374.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 374.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 374.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 374.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 374.75 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 374.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 374.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 344.75 153.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.50 344.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 344.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 344.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 344.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 344.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 344.75 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 344.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 344.75 89.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 374.75 m 203.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 374.75 m 290.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 374.75 m 371.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 374.75 m 469.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 374.75 m 562.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 374.75 m 290.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 374.75 m 371.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 374.75 m 469.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 374.75 m 562.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 329.75 m 290.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 329.75 m 371.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 329.75 m 469.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 315.75 m 290.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 313.75 m 290.5 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 315.75 m 371.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 313.75 m 371.5 313.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 329.75 m 469.5 329.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 315.75 m 469.5 315.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 313.75 m 469.5 313.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 378.98 Td (2015 Fiscal Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.25 386.98 Td (T) Tj ET Q q 0 0 0 rg BT 224.85 386.98 Td (otalNumber) Tj ET Q q 0 0 0 rg BT 268.04 386.98 Td (of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.05 378.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 234.35 378.98 Td (esPur) Tj ET Q q 0 0 0 rg BT 255.76 378.98 Td (chased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.70 386.98 Td (A) Tj ET Q q 0 0 0 rg BT 313.88 386.98 Td (veragePrice) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.05 378.98 Td (Paidper) Tj ET Q q 0 0 0 rg BT 336.01 378.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 354.32 378.98 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.25 402.98 Td (T) Tj ET Q q 0 0 0 rg BT 385.85 402.98 Td (otalNumber) Tj ET Q q 0 0 0 rg BT 429.04 402.98 Td (ofShar) Tj ET Q q 0 0 0 rg BT 456.00 402.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.60 394.98 Td (Pur) Tj ET Q q 0 0 0 rg BT 399.34 394.98 Td (chasedasPartof) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.65 386.98 Td (Publicly) Tj ET Q q 0 0 0 rg BT 417.21 386.98 Td (Announced) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.15 378.98 Td (Plansor) Tj ET Q q 0 0 0 rg BT 418.23 378.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 428.52 378.98 Td (ograms) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.20 402.98 Td (MaximumNumber) Tj ET Q q 0 0 0 rg BT 546.05 402.98 Td (of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.50 394.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 493.80 394.98 Td (esthatMay) Tj ET Q q 0 0 0 rg BT 535.50 394.98 Td (Y) Tj ET Q q 0 0 0 rg BT 540.39 394.98 Td (etBe) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.40 386.98 Td (Pur) Tj ET Q q 0 0 0 rg BT 494.14 386.98 Td (chased Under) Tj ET Q q 0 0 0 rg BT 540.89 386.98 Td ( the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.65 378.98 Td (Plans or) Tj ET Q q 0 0 0 rg BT 513.73 378.98 Td ( Pr) Tj ET Q q 0 0 0 rg BT 524.02 378.98 Td (ograms) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 364.42 Td (September 28 to November 1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.65 364.42 Td (5,720,788) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 364.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 364.42 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 364.42 Td (5,720,788) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 364.42 Td (15,860,592) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 349.42 Td (November 2 to November 29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.65 349.42 Td (5,218,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 349.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 349.42 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 349.42 Td (5,218,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.65 349.42 Td (10,746,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 334.42 Td (November 30 to December 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.65 334.42 Td (1,761,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 334.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 334.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 334.42 Td (1,761,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 334.42 Td (8,986,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 319.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 319.42 Td (12,701,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 319.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 319.42 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 319.42 Td (12,701,394) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 294.25 Td (The Company had an authorization \(originally adopted in December 1997\) by its Board of Directors to repurchase shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (of its outstanding common stock under which the cumulative number of shares repurchased, at the time of any repurchase, shall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (not exceed the sum of \(1\)the number of shares issued in connection with the exercise of stock options occurring on or after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (January1, 2004 plus \(2\)one percent of the issued and outstanding common stock of the Company on January1 of the current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (year) Tj ET Q q 0 0 0 rg BT 66.81 246.25 Td (, adjusted for any stock split \(1997 ) Tj ET Q q 0 0 0 rg BT 207.34 246.25 Td (Authorization\). ) Tj ET Q q 0 0 0 rg BT 271.04 246.25 Td (The Company made discretionary share repurchases of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.45 246.25 Td (0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.34 246.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (shares during the fourth quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.95 234.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.53 234.25 Td ( under this authorization. ) Tj ET Q q 0 0 0 rg BT 385.45 234.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.90 234.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.48 234.25 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.90 234.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 234.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (shares available under this authorization. In February 2016, the Company's Board of Directors separately authorized the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.25 Td (Company to buy back up to 20.0 million shares of its common stock with no dollar limit or expiration date, which superseded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (the authority granted by the 1997 ) Tj ET Q q 0 0 0 rg BT 184.97 198.25 Td (Authorization. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 177.25 Td (In December 2007, the Company) Tj ET Q q 0 0 0 rg BT 209.80 177.25 Td (s Board of Directors separately authorized the Company to buy back up to 20.0million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.25 Td (shares of its common stock with no dollar limit or expiration date. ) Tj ET Q q 0 0 0 rg BT 316.71 165.25 Td (The Company made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.30 165.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.30 165.25 Td ( discretionary share repurchases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.25 Td (during the fourth quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.46 153.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.04 153.25 Td ( under this authorization. ) Tj ET Q q 0 0 0 rg BT 357.96 153.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.41 153.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.99 153.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.99 153.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.99 153.25 Td ( shares remained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.25 Td (under this authorization.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 120.25 Td (In February 2014, the Company's Board of Directors authorized the Company to repurchase up to 20.0 million shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.25 Td (its common stock with no dollar limit or expiration date. ) Tj ET Q q 0 0 0 rg BT 278.39 108.25 Td (This board authorization is in addition to existing share repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.25 Td (authorizations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.65 96.25 Td (Six million six hundred thousand) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.43 96.25 Td ( shares were repurchased by the Company during the quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 84.25 Td ( under this authorization. ) Tj ET Q q 0 0 0 rg BT 230.51 84.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.95 84.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.54 84.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.54 84.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.54 84.25 Td ( shares remained under this authorization.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 63.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 123.90 63.25 Td (, in June 2015, the Company's Board of Directors authorized the Company to repurchase up to 15.0 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.25 Td (shares of its common stock with no dollar limit or expiration date. ) Tj ET Q q 0 0 0 rg BT 316.71 51.25 Td (The Company repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.95 51.25 Td (6.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.84 51.25 Td ( discretionary shares ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (during the quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.52 742.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.10 742.10 Td ( under this authorization. ) Tj ET Q q 0 0 0 rg BT 331.03 742.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.47 742.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.05 742.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.05 742.10 Td (9.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.94 742.10 Td ( shares remained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (under this authorization.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (Under the share repurchase authorizations, the Company) Tj ET Q q 0 0 0 rg BT 303.64 709.10 Td (s common stock may be purchased through any one or more of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (a Rule 10b5-1 trading plan and discretionary purchases on the open market, block trades, accelerated share repurchases or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (privately negotiated transactions. ) Tj ET Q q 0 0 0 rg BT 184.78 685.10 Td (The number of shares repurchased, if any) Tj ET Q q 0 0 0 rg BT 349.89 685.10 Td (, and the timing of repurchases will depend on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (number of factors, including share price, trading volume and general market conditions, as well as on working capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (requirements, general business conditions and other factors. ) Tj ET Q q 0 0 0 rg BT 291.69 661.10 Td (The repurchase authority has no expiration date but may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (suspended, modified or discontinued at any time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 628.10 Td (The Harley-Davidson, Inc. 2014 Incentive Stock Plan and predecessor stock plans permit participants to satisfy all or a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (portion of the statutory federal, state and local withholding tax obligations arising in connection with plan awards by electing to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (\(a\)have the Company withhold shares otherwise issuable under the award, \(b\)tender back shares received in connection with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (such award or \(c\)deliver other previously owned shares, in each case having a value equal to the amount to be withheld. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (During the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.55 580.10 Td (fourth quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.80 580.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.13 580.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.13 580.10 Td (, the Company acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.16 580.10 Td (398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.16 580.10 Td ( shares of common stock that employees presented to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (Company to satisfy withholding taxes in connection with the vesting of restricted stock awards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 547.10 Td (Item12 of this ) Tj ET Q q 0 0 0 rg BT 134.55 547.10 Td (Annual Report on Form 10-K contains certain information relating to the Company) Tj ET Q q 0 0 0 rg BT 470.87 547.10 Td (s equity compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 514.10 Td (The following information in this Item5 is not deemed to be soliciting material or to be filed with the SEC or subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (to Regulation 14A) Tj ET Q q 0 0 0 rg BT 123.33 502.10 Td ( or 14C under the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 279.12 502.10 Td (Act of 1934 or to the liabilities of Section18 of the Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 490.10 Td (Act of 1934, and will not be deemed to be incorporated by reference into any filing under the Securities ) Tj ET Q q 0 0 0 rg BT 507.91 490.10 Td (Act of 1933 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (or the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 158.85 478.10 Td (Act of 1934, except to the extent the Company specifically incorporates it by reference into such a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (filing: the SEC requires the Company to include a line graph presentation comparing cumulative five year Common Stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (returns with a broad-based stock index and either a nationally recognized industry index or an index of peer companies selected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (by the Company) Tj ET Q q 0 0 0 rg BT 115.45 442.10 Td (. ) Tj ET Q q 0 0 0 rg BT 120.27 442.10 Td (The Company has chosen to use the Standard& Poor) Tj ET Q q 0 0 0 rg BT 334.22 442.10 Td () Tj ET Q q 0 0 0 rg BT 337.00 442.10 Td (s 500 Index as the broad-based index and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Standard& Poor) Tj ET Q q 0 0 0 rg BT 117.59 430.10 Td () Tj ET Q q 0 0 0 rg BT 120.37 430.10 Td (s MidCap 400 Index as a more specific comparison. ) Tj ET Q q 0 0 0 rg BT 330.69 430.10 Td (The Standard& Poor) Tj ET Q q 0 0 0 rg BT 416.32 430.10 Td () Tj ET Q q 0 0 0 rg BT 419.10 430.10 Td (s MidCap 400 Index was chosen ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (because the Company does not believe that any other published industry or line-of-business index adequately represents the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (current operations of the Company) Tj ET Q q 0 0 0 rg BT 188.75 406.10 Td (. ) Tj ET Q q 0 0 0 rg BT 193.57 406.10 Td (The graph assumes a beginning investment of $100 on December31, 2010 and that all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (dividends are reinvested.) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q /GS0 gs q 460.00 0 0 365.00 76.00 379.00 cm /I18 Do Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.50 185.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 353.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 353.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 353.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 353.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 353.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 353.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 353.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 323.50 185.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 323.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 323.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 323.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 323.50 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 323.50 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 323.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 323.50 51.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 353.5 m 289.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 353.5 m 344.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 353.5 m 398.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 353.5 m 453.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 353.5 m 507.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 353.5 m 562.5 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 353.5 m 562.5 353.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 365.58 Td (2010) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.30 357.58 Td (\($\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.70 365.58 Td (2011) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.80 357.58 Td (\($\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.00 365.58 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.30 357.58 Td (\($\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.50 365.58 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.80 357.58 Td (\($\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 365.58 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.30 357.58 Td (\($\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.50 365.58 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 357.58 Td (\($\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 343.17 Td (Harley-Davidson, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 343.17 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 343.17 Td (114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 343.17 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 343.17 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 343.17 Td (201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 343.17 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.17 Td (Standard& Poors MidCap 400 Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 328.17 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 328.17 Td (98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 328.17 Td (116) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 328.17 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 328.17 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 328.17 Td (159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.17 Td (Standard& Poors 500 Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 313.17 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.65 313.17 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 313.17 Td (118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 313.17 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 313.17 Td (178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 313.17 Td (181) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.25 742.25 Td (Item 6. ) Tj ET Q q 0 0 0 rg BT 113.00 742.25 Td (Selected Financial Data) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 715.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 715.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 715.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 715.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 715.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 715.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 715.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 715.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 715.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 715.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 715.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 685.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 685.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 685.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 685.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 685.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 685.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 685.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 685.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 685.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 685.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 685.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 655.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 655.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 655.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 655.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 655.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 655.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 655.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 655.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 655.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 655.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 655.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 618.75 158.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 618.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 618.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 618.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 618.75 66.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 618.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 618.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 618.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 618.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 618.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 618.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 581.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 581.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 581.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 581.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 581.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 581.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 551.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 551.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 551.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 551.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 551.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 551.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 514.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 514.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 514.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 514.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 514.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 514.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 514.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 514.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 514.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 514.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 514.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 484.75 158.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 484.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 484.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 484.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 484.75 66.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 484.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 484.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 484.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 484.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 484.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 484.75 67.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 447.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 447.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 447.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 447.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 447.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 447.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 447.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 447.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 447.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 447.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 447.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 417.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 417.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 417.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 417.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 417.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 417.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 417.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 417.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 417.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 417.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 387.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 387.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 387.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 387.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 387.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 387.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 387.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 387.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 387.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 387.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 387.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 357.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 357.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 357.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 357.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 357.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 357.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 327.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 327.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 327.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 327.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 327.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 327.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 327.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 327.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 327.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 327.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 327.75 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 715.75 m 279.5 715.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 715.75 m 349.5 715.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 715.75 m 420.5 715.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 715.75 m 491.5 715.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 715.75 m 562.5 715.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 655.75 m 279.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 655.75 m 349.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 655.75 m 420.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 655.75 m 491.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 655.75 m 562.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 641.75 m 279.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 639.75 m 279.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 655.75 m 349.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 641.75 m 349.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 639.75 m 349.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 655.75 m 420.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 641.75 m 420.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 639.75 m 420.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 655.75 m 491.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 641.75 m 491.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 639.75 m 491.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 655.75 m 562.5 655.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 641.75 m 562.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 639.75 m 562.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 596.75 m 279.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 596.75 m 349.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 596.75 m 420.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 596.75 m 491.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 596.75 m 562.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 582.75 m 279.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 580.75 m 279.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 596.75 m 349.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 582.75 m 349.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 580.75 m 349.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 596.75 m 420.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 582.75 m 420.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 580.75 m 420.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 596.75 m 491.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 582.75 m 491.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 580.75 m 491.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 596.75 m 562.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 582.75 m 562.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 580.75 m 562.5 580.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 719.98 Td (\(In thousands, except per share amounts\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 237.50 719.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.00 719.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 719.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.50 719.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.70 719.98 Td (2011) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 704.0833984375 m 157.6875 704.0833984375 l s q 0 0 0 rg BT 53.00 705.42 Td (Statement of income data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.42 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.42 Td (Motorcycles& Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 675.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 675.42 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 675.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 675.42 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 675.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 675.42 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 675.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 675.42 Td (4,942,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 675.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 675.42 Td (4,662,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 660.42 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 660.42 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 660.42 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 660.42 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 660.42 Td (637,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 660.42 Td (649,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 645.42 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 645.42 Td (5,995,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 645.42 Td (6,228,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 645.42 Td (5,899,872) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 645.42 Td (5,580,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 645.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 645.42 Td (5,311,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 631.32 Td (Income from continuing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 621.37 Td (operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 623.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 623.42 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 623.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 623.42 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 623.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 623.42 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 623.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 623.42 Td (623,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 623.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 623.42 Td (548,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 609.32 Td (Income from discontinued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 599.37 Td (operations, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 601.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 601.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 601.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 601.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 601.42 Td (51,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 586.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 586.42 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 586.42 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 586.42 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 586.42 Td (623,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 586.42 Td (599,114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 571.42 Td (Weighted-average common shares:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 556.42 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 556.42 Td (202,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 556.42 Td (216,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 556.42 Td (222,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 556.42 Td (227,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 556.42 Td (232,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 541.42 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 541.42 Td (203,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 541.42 Td (217,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 541.42 Td (224,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 541.42 Td (229,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 541.42 Td (234,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 527.32 Td (Earnings per common share from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 517.37 Td (continuing operations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 504.42 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.15 504.42 Td (3.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 504.42 Td (3.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 504.42 Td (3.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 504.42 Td (2.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 504.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 504.42 Td (2.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 489.42 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 489.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.15 489.42 Td (3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 489.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 489.42 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 489.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 489.42 Td (3.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 489.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 489.42 Td (2.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 489.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 489.42 Td (2.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 475.32 Td (Earnings per common share from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.37 Td (discontinued operations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 452.42 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 452.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 452.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 452.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 452.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 452.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 452.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 452.42 Td (0.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 437.42 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 437.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 437.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 437.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 437.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 437.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 437.42 Td (0.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 422.42 Td (Earnings per common share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 407.42 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.15 407.42 Td (3.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 407.42 Td (3.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 407.42 Td (3.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 407.42 Td (2.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 407.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 407.42 Td (2.57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 392.42 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 392.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.15 392.42 Td (3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 392.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 392.42 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 392.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.15 392.42 Td (3.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 392.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 392.42 Td (2.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 392.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 392.42 Td (2.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 377.42 Td (Dividends paid per common share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 377.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 377.42 Td (1.240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 377.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 377.42 Td (1.100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 377.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 377.42 Td (0.840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 377.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 377.42 Td (0.620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 377.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 377.42 Td (0.475) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 361.0833984375 m 130.1826171875 361.0833984375 l s q 0 0 0 rg BT 53.00 362.42 Td (Balance sheet data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 347.42 Td (Total assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 347.42 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 347.42 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 347.42 Td (9,405,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 347.42 Td (9,170,773) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 347.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 347.42 Td (9,674,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 332.42 Td (Total debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 332.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 332.42 Td (6,890,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 332.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 332.42 Td (5,504,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 332.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 332.42 Td (5,259,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 332.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 332.42 Td (5,102,649) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 332.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 332.42 Td (5,722,619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 317.42 Td (Total equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 317.42 Td (1,839,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 317.42 Td (2,909,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 317.42 Td (3,009,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 317.42 Td (2,557,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 317.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 317.42 Td (2,420,256) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td () Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Item 7. ) Tj ET Q q 0 0 0 rg BT 113.00 742.25 Td (Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 241.82 742.25 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (Company \(HDMC\) and Harley-Davidson Financial Services \(HDFS\). Unless the context otherwise requires, all references to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (the "Company" includes Harley-Davidson, Inc. and all its subsidiaries. ) Tj ET Q q 0 0 0 rg BT 335.15 697.25 Td (The Company operates in two business segments: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (Motorcycles& Related Products \(Motorcycles\) and Financial Services. ) Tj ET Q q 0 0 0 rg BT 337.80 685.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 397.51 685.25 Td (s reportable segments are strategic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (business units that of) Tj ET Q q 0 0 0 rg BT 133.98 673.25 Td (fer dif) Tj ET Q q 0 0 0 rg BT 158.51 673.25 Td (ferent products and services and are managed separately based on the fundamental dif) Tj ET Q q 0 0 0 rg BT 502.08 673.25 Td (ferences in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (their operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 640.25 Td (The Motorcycles segment consists of HDMC which designs, manufactures and sells at wholesale on-road Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.25 Td (Davidson motorcycles as well as a line of motorcycle parts, accessories, general merchandise and related services. ) Tj ET Q q 0 0 0 rg BT 509.36 628.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.25 Td (Company's products are sold to retail customers through a network of independent dealers. ) Tj ET Q q 0 0 0 rg BT 415.42 616.25 Td (The Company conducts business on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.25 Td (a global basis, with sales in the following regions: ) Tj ET Q q 0 0 0 rg BT 252.20 604.25 Td (Americas, Europe/Middle East/Africa \(EMEA\) and ) Tj ET Q q 0 0 0 rg BT 460.46 604.25 Td (Asia-Pacific. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 583.25 Td (The Financial Services segment consists of HDFS which provides wholesale and retail financing and insurance and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (insurance-related programs primarily to Harley-Davidson dealers and their retail customers. HDFS conducts business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (principally in the United States and Canada. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 538.25 Td (The % Change figures included in the Results of Operations section were calculated using unrounded dollar amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (and may dif) Tj ET Q q 0 0 0 rg BT 97.58 526.25 Td (fer from calculations using the rounded dollar amounts presented.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 505.25 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 484.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 484.25 Td (s net income for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.91 484.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.91 484.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.47 484.25 Td ($752.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.36 484.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.19 484.25 Td ($3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.69 484.25 Td ( per diluted share, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.03 484.25 Td ($844.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.92 484.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td ($3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 472.25 Td ( per diluted share, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.92 472.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.92 472.25 Td (. Operating income from the Motorcycles segment was down ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.08 472.25 Td ($127.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.97 472.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.67 472.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.67 472.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.25 Td (Motorcycles segment operating income was negatively impacted by unfavorable currency exchange rates, lower wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (shipment volume, unfavorable product mix and higher selling, administrative and engineering expenses. ) Tj ET Q q 0 0 0 rg BT 469.43 448.25 Td (These unfavorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (impacts were partially of) Tj ET Q q 0 0 0 rg BT 149.50 436.25 Td (fset by model-year price increases and lower raw material and manufacturing costs. Operating income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.25 Td (from the Financial Services segment was up modestly from the prior year) Tj ET Q q 0 0 0 rg BT 343.69 424.25 Td (, increasing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.28 424.25 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.17 424.25 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.00 424.25 Td (0.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.83 424.25 Td (, on higher net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 412.25 Td (interest income partially of) Tj ET Q q 0 0 0 rg BT 157.84 412.25 Td (fset by a higher provision for credit losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 391.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 391.25 Td (orldwide independent dealer retail sales of new Harley-Davidson motorcycles decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.60 391.25 Td (1.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.43 391.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.14 391.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.14 391.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.25 Td (Retail sales of new Harley-Davidson motorcycles decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.96 379.25 Td (1.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.79 379.25 Td ( in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.51 379.25 Td (0.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.34 379.25 Td ( in international markets. Retail sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.25 Td (were below the Company's expectations in 2015. In 2015, retail sales were adversely impacted by a significant increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.25 Td (competitiveness behind currency-driven discounting and the introduction of new products by a number of our competitors as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.25 Td (well as a challenging macro-economic environment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 322.25 Td (Please refer to the Results of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.00 322.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 322.25 Td ( Compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.94 322.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.94 322.25 Td ( for additional details concerning the results for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.54 322.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.54 322.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 308.9169921875 m 110 308.9169921875 l s q 0 0 0 rg BT 50.00 310.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 298.25 Td (\(1\) ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 75.35 298.25 Td (Note Regarding Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (The Company intends that certain matters discussed in this report are forward-looking statements intended to qualify for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (safe harbor from liability established by the Private Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 374.09 274.25 Td (Act of 1995. ) Tj ET Q q 0 0 0 rg BT 426.67 274.25 Td (These forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (statements can generally be identified as such by reference to this footnote or because the context of the statement will include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (words such as the Company believes, anticipates, expects, plans, or estimates or words of similar meaning. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (Similarly) Tj ET Q q 0 0 0 rg BT 86.57 238.25 Td (, statements that describe future plans, objectives, outlooks, tar) Tj ET Q q 0 0 0 rg BT 337.44 238.25 Td (gets, guidance or goals are also forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.05 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 213.05 Td (fer materially) Tj ET Q q 0 0 0 rg BT 114.41 213.05 Td (, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 119.41 213.05 Td (unfavorably or favorably) Tj ET Q q 0 0 0 rg BT 228.66 213.05 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.16 213.05 Td (from those anticipated as of the date of this report. Certain of such risks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.05 Td (uncertainties are described in close proximity to such statements or elsewhere in this report, including under the caption Risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.05 Td (Factors in Item1A) Tj ET Q q 0 0 0 rg BT 129.15 189.05 Td ( and under Cautionary Statements in Item7 of this report. Shareholders, potential investors, and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.05 Td (readers are ur) Tj ET Q q 0 0 0 rg BT 104.22 177.05 Td (ged to consider these factors in evaluating the forward-looking statements and cautioned not to place undue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.05 Td (reliance on such forward-looking statements. ) Tj ET Q q 0 0 0 rg BT 232.54 165.05 Td (The forward-looking statements included in the Outlook section are only made as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.05 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 153.05 Td (January28, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.43 153.05 Td ( and the remaining forward looking statements in this report are only made as the date of the filing of this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.05 Td (report \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.71 141.05 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.31 141.05 Td (\), and the Company disclaims any obligation to publicly update such forward-looking statements to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.05 Td (reflect subsequent events or circumstances.) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Outlook) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 85.01 746.78 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 72.50 728.18 480.46 -9.09 re f /GS0 gs q 0 0 0 rg BT 72.50 721.25 Td (In October 2015, the Company laid out its plans for how it intends to increase its focus, investment and resolve to drive ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 716.18 276.68 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 709.25 Td (demand in 2016 and beyond. ) Tj ET Q q 0 0 0 rg BT 168.13 709.25 Td (The Company has five clear objectives:) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 108.50 701.18 13.50 -9.09 re f /GS0 gs q 0 0 0 rg BT 108.50 694.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 122.00 701.18 6.11 -9.09 re f /GS0 gs q 0 0 0 rg BT 122.00 694.25 Td (L) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.11 694.25 Td (ead in every market by achieving and holding the number one market share of the 601+cc motorcycle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 682.25 Td (segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 667.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 667.25 Td (Grow the sport of motorcycling in the U.S., in part by growing the number of U.S. core customers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 655.25 Td (growing the U.S. outreach customers at a faster rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 640.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 640.25 Td (Grow U.S. retail sales and grow international retail sales at a faster rate. ) Tj ET Q q 0 0 0 rg BT 411.71 640.25 Td (The Company has a plan to grow its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 628.25 Td (international dealer network by 150 to 200 new dealerships by 2020.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 613.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 613.25 Td (Grow revenue and grow earnings faster than revenue through 2020.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 598.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 598.25 Td (Outperform the S&P) Tj ET Q q 0 0 0 rg BT 204.95 598.25 Td ( 500) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 74.00 584.18 489.46 -9.09 re f /GS0 gs q 0 0 0 rg BT 74.00 577.25 Td (For 2016 and beyond, the Company plans to significantly increase its spending to drive demand. ) Tj ET Q q 0 0 0 rg BT 462.36 577.25 Td (The Company intends to ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 572.18 508.67 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 565.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 565.25 Td (fset this increased spending by reducing spending in other areas, primarily support functions and through a reor) Tj ET Q q 0 0 0 rg BT 503.69 565.25 Td (ganization of ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 560.18 266.03 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 553.25 Td (its commercial operations aimed at being both leaner and stronger) Tj ET Q q 0 0 0 rg BT 313.53 553.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 74.00 539.18 481.35 -9.09 re f /GS0 gs q 0 0 0 rg BT 74.00 532.25 Td (In 2016, the Company expects to increase its spending on customer) Tj ET Q q 0 0 0 rg BT 343.46 532.25 Td (-facing marketing by approximately 65% from 2015 ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 527.18 484.70 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 520.25 Td (levels and it expects to increase its spending on new product development by approximately 35% from 2015 levels. ) Tj ET Q q 0 0 0 rg BT 514.42 520.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 515.18 481.68 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 508.25 Td (spending reallocation would represent an approximate $70 million increase in the Company's spending to drive demand ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 503.18 77.20 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 496.25 Td (compared to 2015. ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 74.00 482.18 279.78 -9.09 re f /GS0 gs q 0 0 0 rg BT 74.00 475.25 Td (The Company's increased spending will be focused in four key areas: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 454.25 Td (Increase product and brand awareness.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 439.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 439.25 Td (Grow new ridership in the U.S. ) Tj ET Q q 0 0 0 rg BT 249.58 439.25 Td (This includes the Company's tar) Tj ET Q q 0 0 0 rg BT 377.84 439.25 Td (get to more than double the number of riders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 427.25 Td (trained annually through the Harley-Davidson Riding ) Tj ET Q q 0 0 0 rg BT 338.06 427.25 Td (Academy to 100,000 globally by 2020, with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 415.25 Td (majority in the U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 400.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 400.25 Td (Increase and enhance brand access. ) Tj ET Q q 0 0 0 rg BT 265.62 400.25 Td (The Company intends to ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 366.72 407.18 197.15 -9.09 re f /GS0 gs q 0 0 0 rg BT 366.72 400.25 Td (continue to expand and enhance its global dealer ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 122.00 395.18 383.47 -9.09 re f /GS0 gs q 0 0 0 rg BT 122.00 388.25 Td (network, develop new retail formats for urban centers and urban tastes and expand eCommerce.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 373.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 122.00 380.18 435.65 -9.09 re f /GS0 gs q 0 0 0 rg BT 122.00 373.25 Td (Accelerate the cadence and impact of new products and extend its leadership in features and technology that ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 122.00 368.18 124.69 -9.09 re f /GS0 gs q 0 0 0 rg BT 122.00 361.25 Td (it believes matter to customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 340.25 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.72 340.25 Td (January28, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.32 340.25 Td ( the Company announced the following expectations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.48 340.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.48 340.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 74.00 326.18 481.53 -9.09 re f /GS0 gs q 0 0 0 rg BT 74.00 319.25 Td (The Company believes 2016 global retail sales of Harley-Davidson motorcycles will face headwinds as the competition ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 314.18 483.04 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 307.25 Td (continues to be aggressive with discounting and new product introductions. ) Tj ET Q q 0 0 0 rg BT 353.93 307.25 Td (The Company also anticipates global macro-) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 302.18 500.00 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 295.25 Td (economic challenges including weakness in oil-dependent areas. Internationally) Tj ET Q q 0 0 0 rg BT 368.68 295.25 Td (, various markets are experiencing economic ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 290.18 479.02 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 283.25 Td (challenges. In particular in Brazil, the Company expects significant pressure to continue. In response to the nearly 50% ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 278.18 492.77 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 271.25 Td (devaluation of the Brazilian real last year) Tj ET Q q 0 0 0 rg BT 214.53 271.25 Td (, the Company raised prices over 20% in 2016, and it expects lower retail sales in ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 266.18 59.71 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 259.25 Td (Brazil in 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 238.25 Td (The Company expects to ship ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.37 238.25 Td (269,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.87 238.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.65 238.25 Td (274,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 238.25 Td ( Harley-Davidson motorcycles during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.99 238.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.99 238.25 Td (, up approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.75 238.25 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.08 238.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.33 226.25 Td ( over 2015. ) Tj ET Q q 0 0 0 rg BT 110.92 226.25 Td (This includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.02 226.25 Td (78,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.52 226.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.30 226.25 Td (83,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.80 226.25 Td ( Harley-Davidson motorcycles that it expects to ship in the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.77 226.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.77 226.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (approximately down 2% at the low end of the range to up 4% at the high end of the range over the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.69 214.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.69 214.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 193.25 Td (The Company expects 2016 global retail motorcycle sales to grow year) Tj ET Q q 0 0 0 rg BT 358.71 193.25 Td (-over) Tj ET Q q 0 0 0 rg BT 379.61 193.25 Td (-year with international retail sales growing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (at a faster rate than the rate of growth in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 160.25 Td (The Company expects the 2016 operating mar) Tj ET Q q 0 0 0 rg BT 257.27 160.25 Td (gin percent for the Motorcycles segment to be between 16% and 17% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (compared to 16.5% in 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 127.25 Td (The Company expects gross mar) Tj ET Q q 0 0 0 rg BT 203.40 127.25 Td (gin as a percent of revenue will be down year) Tj ET Q q 0 0 0 rg BT 385.07 127.25 Td (-over) Tj ET Q q 0 0 0 rg BT 405.97 127.25 Td (-year) Tj ET Q q 0 0 0 rg BT 425.95 127.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 106.25 Td (The Company expects that the 2016 gross mar) Tj ET Q q 0 0 0 rg BT 258.11 106.25 Td (gin percent will benefit from motorcycle pricing and strong productivity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (gains of) Tj ET Q q 0 0 0 rg BT 81.76 94.25 Td (fset by unfavorable foreign currency exchange and higher year) Tj ET Q q 0 0 0 rg BT 332.55 94.25 Td (-over) Tj ET Q q 0 0 0 rg BT 353.45 94.25 Td (-year start-up costs as it implements its enterprise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (resource planning \(ERP\) system at its Kansas City manufacturing facility) Tj ET Q q 0 0 0 rg BT 342.90 82.25 Td (. If foreign currency exchange rates on January 27, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (2016 remained constant throughout 2016, which is a hypothetical expectation in what is a very volatile foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (exchange environment, the Company estimates the adverse impact to its expected Motorcycle segment revenue from currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.25 Td (exchange in 2016 would be approximately 1%. Under this scenario, the Company would also expect an unfavorable impact to ) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (2016 gross mar) Tj ET Q q 0 0 0 rg BT 111.48 742.10 Td (gin of approximately $60 million, or 1 percentage point, driven by lower revenues and the comparison to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (more favorable foreign currency contract gains it realized in 2015. In accordance with its practices, the Company has hedged a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (portion of its 2016 foreign currency exposure; however) Tj ET Q q 0 0 0 rg BT 270.92 718.10 Td (, the gains it would realize on those hedges at current spot rates would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (not be as favorable as those it realized in 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.10 Td (Although the Company will invest significantly more in marketing and product development in 2016, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (expects its full-year selling, administrative and engineering expenses to be flat to up modestly from 2015. ) Tj ET Q q 0 0 0 rg BT 474.34 673.10 Td (As a percent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (revenue, the Company expects its selling, administrative and engineering expense will decrease. ) Tj ET Q q 0 0 0 rg BT 437.19 661.10 Td (The Company expects its first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (quarter of 2016 selling, administrative and engineering expense to be approximately $25 million higher than the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (2015 as it ramps up its ef) Tj ET Q q 0 0 0 rg BT 150.36 637.10 Td (forts to drive demand. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 616.10 Td (The Company expects operating income for the Financial Services segment to be down modestly in 2016 as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (2015 as a result of increased borrowing costs and unfavorable credit losses, partially of) Tj ET Q q 0 0 0 rg BT 398.05 604.10 Td (fset by higher revenues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 583.10 Td (The Company's capital expenditure estimates for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.35 583.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.35 583.10 Td ( are between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.37 583.10 Td ($255 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.77 583.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.20 583.10 Td ($275 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.60 583.10 Td ( as it increases its focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (on bringing exciting new products to market and as it continues to invest in its systems infrastructure, most notably expanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (the implementation of its ERP) Tj ET Q q 0 0 0 rg BT 170.73 559.10 Td ( system. ) Tj ET Q q 0 0 0 rg BT 205.83 559.10 Td (The Company anticipates it will have the ability to fund all capital expenditures in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.40 559.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.40 559.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (with cash flows generated by operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 526.10 Td (The Company also announced on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.86 526.10 Td (January28, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.46 526.10 Td ( that it expects the full year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.80 526.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 526.10 Td ( ef) Tj ET Q q 0 0 0 rg BT 418.89 526.10 Td (fective income tax rate to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 514.10 Td (34.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.09 514.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.00 490.10 Td (Results of Operations ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.72 490.10 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.72 490.10 Td ( Compar) Tj ET Q q 0 0 0 rg BT 360.59 490.10 Td (ed to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.92 490.10 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.92 490.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.10 469.10 Td (Consolidated Results) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.84 469.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 438.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 438.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 438.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 438.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 438.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 438.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 438.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 438.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 408.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 408.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 408.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 408.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 408.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 408.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 408.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 408.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 408.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 378.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 378.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 378.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 378.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 378.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 378.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 378.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 378.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 348.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 348.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 348.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 348.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 348.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 348.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 348.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 348.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 318.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 318.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 318.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 318.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 318.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 318.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 318.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 318.60 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 438.6 m 375.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 438.6 m 439.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 438.6 m 503.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 438.6 m 562.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 438.6 m 439.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 408.6 m 375.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 408.6 m 439.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 408.6 m 503.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 408.6 m 439.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 408.6 m 503.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 363.6 m 375.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 363.6 m 439.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 363.6 m 503.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 363.6 m 439.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 363.6 m 503.5 363.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 333.6 m 375.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 333.6 m 439.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 333.6 m 503.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 319.6 m 375.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 317.6 m 375.5 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 333.6 m 439.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 319.6 m 439.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 317.6 m 439.5 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 333.6 m 503.5 333.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 319.6 m 503.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 317.6 m 503.5 317.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 442.83 Td (\(in thousands, except earnings per share\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.00 442.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 442.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.05 450.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 474.00 450.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.60 442.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 473.12 442.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 450.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.35 442.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 428.27 Td (Operating income from Motorcycles& Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 428.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 428.27 Td (875,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 428.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.60 428.27 Td (1,003,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.00 428.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 428.32 Td (\(127,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 428.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 428.27 Td (\(12.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 428.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 413.27 Td (Operating income from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 413.27 Td (280,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 413.27 Td (277,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 413.27 Td (2,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 413.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 413.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.27 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.60 398.27 Td (1,155,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.60 398.27 Td (1,280,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 398.32 Td (\(125,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 398.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 398.27 Td (\(9.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 398.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 383.27 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 383.27 Td (6,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 383.27 Td (6,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 383.27 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 383.27 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 383.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 368.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 368.27 Td (12,117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 368.27 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 368.27 Td (7,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.75 368.27 Td (191.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 368.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 353.27 Td (Income before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.60 353.27 Td (1,150,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.60 353.27 Td (1,283,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 353.32 Td (\(133,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 353.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 353.27 Td (\(10.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 353.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.27 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 338.27 Td (397,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 338.27 Td (438,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 338.32 Td (\(40,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 338.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 338.27 Td (\(9.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 338.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 323.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.15 323.27 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 323.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 323.27 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.00 323.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 323.32 Td (\(92,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 323.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 323.27 Td (\(10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 323.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.27 Td (Diluted earnings per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 308.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 308.27 Td (3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 308.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 308.27 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.00 308.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.80 308.32 Td (\(0.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 308.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 308.27 Td (\(4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 308.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 283.10 Td (Consolidated operating income was down ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.24 283.10 Td (9.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.07 283.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.85 283.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.85 283.10 Td ( driven by a decrease in operating income from the Motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (segment which decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.18 271.10 Td ($127.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.07 271.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.77 271.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.77 271.10 Td (. Operating income for the Financial Services segment increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.50 259.10 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.39 259.10 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 259.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.50 259.10 Td ( as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.03 259.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.03 259.10 Td (. Please refer to the Motorcycles and Related Products Segment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (Financial Services Segment discussions following for a more detailed discussion of the factors af) Tj ET Q q 0 0 0 rg BT 447.22 247.10 Td (fecting operating income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 226.10 Td (Corporate interest expense was higher in 2015 compared to 2014 due to the issuance of corporate debt. ) Tj ET Q q 0 0 0 rg BT 488.14 226.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (issued $750.0 million of senior unsecured notes in the third quarter of 2015 and utilized the proceeds to fund the repurchase of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (common stock in the third and fourth quarters of 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 181.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 99.63 181.10 Td (fective income tax rate for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.63 181.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.63 181.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.18 181.10 Td (34.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.01 181.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.72 181.10 Td (34.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.55 181.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.21 181.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.21 181.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 160.10 Td (Diluted earnings per share were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.67 160.10 Td ($3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.17 160.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.95 160.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.95 160.10 Td (, down ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.67 160.10 Td (4.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.50 160.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.20 160.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.20 160.10 Td (. Diluted earnings per share were adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (impacted by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.37 148.10 Td (10.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.20 148.10 Td ( decrease in net income, but benefited from lower diluted weighted average shares outstanding. Diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (weighted average shares outstanding decreased from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.25 136.10 Td (217.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.14 136.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.92 136.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.92 136.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.70 136.10 Td (203.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.59 136.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.37 136.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.37 136.10 Td ( driven by the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (repurchases of common stock. Please refer to "Liquidity and Capital Resources" for additional information concerning the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.10 Td (Company's share repurchase activity) Tj ET Q q 0 0 0 rg BT 195.83 112.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 207.35 91.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 234.38 91.10 Td (cycle Retail Sales and Registration Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 70.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 70.10 Td (orldwide independent dealer retail sales of Harley-Davidson motorcycles decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.44 70.10 Td (1.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.27 70.10 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.38 70.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.38 70.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 58.10 Td (. Retail sales of Harley-Davidson motorcycles decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.80 58.10 Td (1.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.63 58.10 Td ( in the United States and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.17 58.10 Td (0.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 58.10 Td ( internationally in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.59 58.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.59 58.10 Td (. ) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The Company believes 2015 U.S. retail sales of its motorcycles were negatively impacted by intense competitive activity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (behind currency-driven discounting and new competitor products as well as a challenging macro-economic environment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The Company's U.S. market share of 601+cc motorcycles for 2015 was 50.2%, down 3.1 percentage points compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (2014 \(Source: Motorcycle Industry Council\). ) Tj ET Q q 0 0 0 rg BT 233.12 697.10 Td (The Company anticipated some level of market share loss following the 13.4 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (percentage point increase in recent years; however) Tj ET Q q 0 0 0 rg BT 251.72 685.10 Td (, the Company's market share over the first three quarters was more severely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (impacted than expected, which the Company believes is a result of the intense competitive environment and the inclusion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (autocycles in the industry numbers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 640.10 Td (International retail sales growth during 2015 in the ) Tj ET Q q 0 0 0 rg BT 278.95 640.10 Td (Asia Pacific region was more than of) Tj ET Q q 0 0 0 rg BT 427.06 640.10 Td (fset by declines in the EMEA) Tj ET Q q 0 0 0 rg BT 544.53 640.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (region, Latin ) Tj ET Q q 0 0 0 rg BT 103.60 628.10 Td (America and Canada. Retail sales in the ) Tj ET Q q 0 0 0 rg BT 265.21 628.10 Td (Asia Pacific region were driven by growth in emer) Tj ET Q q 0 0 0 rg BT 467.74 628.10 Td (ging markets and in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (Australia, partially of) Tj ET Q q 0 0 0 rg BT 135.63 616.10 Td (fset by declines in Japan. ) Tj ET Q q 0 0 0 rg BT 238.19 616.10 Td (The Company believes the retail sales decrease in the EMEA) Tj ET Q q 0 0 0 rg BT 482.28 616.10 Td ( region was due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (the introduction of several performance-oriented models by the competition. International retail sales as a percent of total retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (sales in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.22 592.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.22 592.10 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.65 592.10 Td (36.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.48 592.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.18 592.10 Td (36.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.01 592.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.79 592.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.79 592.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 571.10 Td (Despite the volatility in global retail sales, the Company believes it can continue to realize strong international growth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (opportunities by expanding its distribution network and increasing its brand relevance by delivering exceptional products that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (inspire riders. In 2015, the Company added 40 international dealerships, and it plans to add an additional 150 to 200 through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (2020.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 72.50 539.63 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Harley-Davidson Motor) Tj ET Q q 0 0 0 rg BT 152.30 514.10 Td (cycle Retail Sales) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 225.62 518.63 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 493.10 Td (The following table includes retail unit sales of Harley-Davidson motorcycles:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 462.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 462.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 462.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 462.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 462.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 462.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 462.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 462.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 462.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 432.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 432.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 432.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 432.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 432.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 432.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 432.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 432.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 432.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 402.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 402.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 402.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 402.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 402.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 372.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 372.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 372.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 372.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 372.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 342.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 342.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 342.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 342.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 342.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 312.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 312.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 312.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 312.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 312.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 282.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 282.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 282.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 282.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 282.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 252.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 252.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 252.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 252.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 252.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 462.6 m 350.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 462.6 m 421.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 462.6 m 491.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 462.6 m 562.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 402.6 m 350.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 402.6 m 421.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 402.6 m 491.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 402.6 m 421.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 402.6 m 491.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 342.6 m 350.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 342.6 m 421.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 342.6 m 491.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 342.6 m 350.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 342.6 m 421.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 342.6 m 491.5 342.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 282.6 m 350.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 282.6 m 421.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 282.6 m 491.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 282.6 m 350.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 282.6 m 421.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 282.6 m 491.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 253.60000000000002 m 350.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 251.60000000000002 m 350.5 251.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 253.60000000000002 m 421.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 251.60000000000002 m 421.5 251.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 253.60000000000002 m 491.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 251.60000000000002 m 491.5 251.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 251.60000000000002 m 421.5 251.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 253.60000000000002 m 421.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 251.60000000000002 m 491.5 251.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 253.60000000000002 m 491.5 253.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.00 466.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.50 466.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.05 474.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 459.00 474.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.60 466.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 458.12 466.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 474.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.35 466.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 452.27 Td (Americas Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 437.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 437.27 Td (168,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 437.27 Td (171,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 437.32 Td (\(2,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 437.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 437.27 Td (\(1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 437.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 422.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 422.27 Td (9,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 422.27 Td (9,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 422.32 Td (\(202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 422.27 Td (\(2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 407.27 Td (Latin America) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 407.27 Td (11,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 407.27 Td (11,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 407.32 Td (\(479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 407.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 407.27 Td (\(4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 407.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 392.27 Td (Total Americas Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 392.27 Td (189,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 392.27 Td (192,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 392.32 Td (\(3,520) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 392.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 392.27 Td (\(1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 392.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 377.27 Td (Europe, Middle East and Africa Region \(EMEA\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 362.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 101.88 366.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 362.27 Td (36,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 362.27 Td (38,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 362.32 Td (\(1,597) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 362.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 362.27 Td (\(4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 362.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 347.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 347.27 Td (6,393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 347.27 Td (6,832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 347.32 Td (\(439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 347.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 347.27 Td (\(6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 347.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 332.27 Td (Total EMEA Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 332.27 Td (43,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 332.27 Td (45,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 332.32 Td (\(2,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 332.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 332.27 Td (\(4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 332.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 317.27 Td (Asia Pacific Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 302.27 Td (Japan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 302.27 Td (9,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 302.27 Td (10,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 302.32 Td (\(1,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 302.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 302.27 Td (\(10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 302.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 287.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 287.27 Td (22,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 287.27 Td (19,299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 287.27 Td (3,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 287.27 Td (16.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 272.27 Td (Total Asia Pacific Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 272.27 Td (32,258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 272.27 Td (30,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 272.27 Td (2,184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 272.27 Td (7.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 257.27 Td (Total Worldwide Retail Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 257.27 Td (264,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 257.27 Td (267,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 257.32 Td (\(3,372) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 257.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 257.27 Td (\(1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 257.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 242.27 Td (Total International Retail Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 242.27 Td (96,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 242.27 Td (96,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.30 242.32 Td (\(533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 242.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 242.27 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 242.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 214.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 214.10 Td (Data source for retail sales figures shown above is new sales warranty and registration information provided by Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 202.10 Td (Davidson dealers and compiled by the Company) Tj ET Q q 0 0 0 rg BT 269.10 202.10 Td (. ) Tj ET Q q 0 0 0 rg BT 273.92 202.10 Td (The Company must rely on information that its dealers supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 190.10 Td (concerning retail sales and this information is subject to revision.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 178.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 178.10 Td (Data for Europe include ) Tj ET Q q 0 0 0 rg BT 173.65 178.10 Td (Austria, Belgium, Denmark, Finland, France, Germany) Tj ET Q q 0 0 0 rg BT 394.06 178.10 Td (, Greece, Italy) Tj ET Q q 0 0 0 rg BT 450.04 178.10 Td (, Luxembour) Tj ET Q q 0 0 0 rg BT 501.51 178.10 Td (g, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 166.10 Td (Netherlands, Norway) Tj ET Q q 0 0 0 rg BT 160.23 166.10 Td (, Portugal, Spain, Sweden, Switzerland and the United Kingdom.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 145.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 77.03 145.10 Td (cycle Registration Data - 601+cc) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 214.35 149.63 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 124.10 Td (The following table includes industry retail motorcycle registration data:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.47 124.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 93.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 93.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 93.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 93.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 93.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 93.60 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 93.60000000000002 m 352.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 93.60000000000002 m 422.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 93.60000000000002 m 492.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 93.60000000000002 m 562.5 93.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.00 97.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.00 97.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.60 97.83 Td (Increase) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.00 105.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.85 97.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 83.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 106.60 87.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 83.27 Td (328,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 83.27 Td (313,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 83.27 Td (15,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 83.27 Td (4.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 83.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 68.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 81.88 72.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 68.27 Td (351,735) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 68.27 Td (319,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 68.27 Td (31,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 68.27 Td (10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 68.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.10 Td () Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 742.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 742.10 Td (Data includes on-road 601+cc models. On-road 601+cc models include dual purpose models, three-wheeled motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 730.10 Td (and autocycles. ) Tj ET Q q 0 0 0 rg BT 138.94 730.10 Td (Autocycles were included in the U.S. and Europe data beginning in 2014 and 2015, respectively) Tj ET Q q 0 0 0 rg BT 522.91 730.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 718.10 Td (Registration data for Harley-Davidson Street 500) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 272.24 722.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.18 718.10 Td ( motorcycles is not included in this table.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 706.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 706.10 Td (United States industry data is derived from information provided by Motorcycle Industry Council \(MIC\). ) Tj ET Q q 0 0 0 rg BT 498.70 706.10 Td (This third party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 694.10 Td (data is subject to revision and update.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 682.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 682.10 Td (Europe data includes ) Tj ET Q q 0 0 0 rg BT 161.16 682.10 Td (Austria, Belgium, Denmark, Finland, France, Germany) Tj ET Q q 0 0 0 rg BT 381.57 682.10 Td (, Greece, Italy) Tj ET Q q 0 0 0 rg BT 437.55 682.10 Td (, Luxembour) Tj ET Q q 0 0 0 rg BT 489.02 682.10 Td (g, Netherlands, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 670.10 Td (Norway) Tj ET Q q 0 0 0 rg BT 106.91 670.10 Td (, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Industry retail motorcycle registration data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 658.10 Td (includes 601+cc models derived from information provided by ) Tj ET Q q 0 0 0 rg BT 328.71 658.10 Td (Association des Constructeurs Europeens de Motocycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 646.10 Td (\(ACEM\), an independent agency) Tj ET Q q 0 0 0 rg BT 206.88 646.10 Td (. ) Tj ET Q q 0 0 0 rg BT 211.70 646.10 Td (This third-party data is subject to revision and update.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.10 622.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 240.13 622.10 Td (cycles and Related Pr) Tj ET Q q 0 0 0 rg BT 331.87 622.10 Td (oducts Segment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 77.03 601.10 Td (cycle Unit Shipments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 580.10 Td (The following table includes wholesale motorcycle unit shipments for the Motorcycles segment:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.74 580.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 539.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 539.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 539.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 539.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 539.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 539.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 539.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 509.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 509.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 509.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 509.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 509.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 509.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 509.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 479.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 479.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 479.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 479.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 479.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 479.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 479.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 479.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 449.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 449.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 449.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 449.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 449.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 449.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 449.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 449.60 52.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 559.6 m 273.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 559.6 m 277.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 559.6 m 332.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 559.6 m 391.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 559.6 m 395.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 559.6 m 450.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 559.6 m 273.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 539.6 m 273.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 559.6 m 277.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 559.6 m 332.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 539.6 m 332.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 559.6 m 391.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 539.6 m 391.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 559.6 m 395.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 559.6 m 450.5 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 539.6 m 450.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 539.6 m 506.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 539.6 m 562.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 539.6 m 273.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 509.6 m 273.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 509.6 m 332.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 509.6 m 391.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 509.6 m 450.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 509.6 m 506.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 495.6 m 273.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 493.6 m 273.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 509.6 m 332.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 495.6 m 332.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 493.6 m 332.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 509.6 m 391.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 495.6 m 391.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 493.6 m 391.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 495.6 m 450.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 493.6 m 450.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 509.6 m 506.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 495.6 m 506.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 493.6 m 506.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 449.6 m 273.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 449.6 m 332.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 449.6 m 391.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 449.6 m 450.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 449.6 m 506.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 435.6 m 273.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 433.6 m 273.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 435.6 m 332.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 433.6 m 332.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 449.6 m 391.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 435.6 m 391.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 433.6 m 391.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 449.6 m 450.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 435.6 m 450.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 433.6 m 450.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 449.6 m 506.5 449.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 435.6 m 506.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 433.6 m 506.5 433.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.00 561.73 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.00 561.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.40 561.73 Td (Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.40 561.73 Td (Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.35 543.83 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.60 543.83 Td (Mix %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.35 543.83 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.60 543.83 Td (Mix %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.05 551.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 481.00 551.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.60 543.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 480.12 543.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.00 551.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.85 543.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 529.27 Td (170,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 529.27 Td (64.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 529.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 529.27 Td (173,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 529.27 Td (64.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 529.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 529.32 Td (\(3,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 529.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 529.27 Td (\(1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 529.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.27 Td (International) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 514.27 Td (95,694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 514.27 Td (35.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 514.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 514.27 Td (96,732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 514.27 Td (35.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 514.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 514.32 Td (\(1,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 514.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 514.27 Td (\(1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 514.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 499.27 Td (Harley-Davidson motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 499.27 Td (266,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 499.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 499.27 Td (270,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 499.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 499.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 499.32 Td (\(4,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 499.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 499.27 Td (\(1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 499.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.27 Td (Touring motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 484.27 Td (114,768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 484.27 Td (43.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 484.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 484.27 Td (122,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 484.27 Td (45.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 484.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 484.32 Td (\(7,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 484.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 484.27 Td (\(6.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 484.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.27 Td (Cruiser motorcycle units) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 151.87 473.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 469.27 Td (89,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 469.27 Td (33.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 469.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 469.27 Td (91,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 469.27 Td (33.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 469.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 469.32 Td (\(2,219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 469.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 469.27 Td (\(2.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 469.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.27 Td (Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 89.11 458.80 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.05 454.27 Td ( / Street motorcycle units) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 194.58 458.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.15 454.27 Td (62,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 454.27 Td (23.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 454.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 454.27 Td (56,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 454.27 Td (21.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 454.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 454.27 Td (5,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.75 454.27 Td (9.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 439.27 Td (Harley-Davidson motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 439.27 Td (266,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 439.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 439.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 439.27 Td (270,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 439.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 439.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 439.32 Td (\(4,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 439.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 439.27 Td (\(1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 439.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 411.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 411.10 Td (Category previously referred to as "Custom" motorcycle units, as used in this table, include Dyna) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 466.74 415.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.68 411.10 Td (, Softail) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 503.34 415.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.28 411.10 Td (, ) Tj ET Q q 0 0 0 rg BT 513.10 411.10 Td (V) Tj ET Q q 0 0 0 rg BT 519.40 411.10 Td (-Rod) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 539.40 415.63 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.34 411.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 399.10 Td (CVO models.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 387.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 387.10 Td (Initial shipments of Street motorcycle units began during the first quarter of 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 366.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 366.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.83 366.10 Td (, wholesale shipments of Harley-Davidson motorcycles were down ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.59 366.10 Td (1.6%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.42 366.10 Td ( compared to the prior year) Tj ET Q q 0 0 0 rg BT 524.43 366.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (International shipments as a percentage of the total were up slightly in 2015 as compared to 2014. In addition, shipments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.10 Td (Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 86.11 346.63 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.67 342.10 Td (/ Street motorcycles as a percentage of total shipments increased in 2015 compared to the prior year driven by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.10 Td (strong acceptance of the Street motorcycles as the Company continued its global rollout of these models in 2015. ) Tj ET Q q 0 0 0 rg BT 504.43 330.10 Td (T) Tj ET Q q 0 0 0 rg BT 509.84 330.10 Td (ouring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.10 Td (motorcycle shipments were down in 2015 following a 14.2% increase in shipments of ) Tj ET Q q 0 0 0 rg BT 395.86 318.10 Td (T) Tj ET Q q 0 0 0 rg BT 401.27 318.10 Td (ouring motorcycles in 2014 driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.10 Td (demand for the new Rushmore models. ) Tj ET Q q 0 0 0 rg BT 209.14 306.10 Td (As the Company expected, dealer retail inventory of new Harley-Davidson motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (in the U.S. at the end of 2015 was approximately 2,600 units higher than at the end of 2014, lar) Tj ET Q q 0 0 0 rg BT 430.57 294.10 Td (gely due to the initial dealer fill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (of its new 2016 model-year motorcycles. ) Tj ET Q q 0 0 0 rg BT 216.16 282.10 Td (The Company believes the U.S. year) Tj ET Q q 0 0 0 rg BT 362.87 282.10 Td (-end 2015 dealer retail inventory level is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (appropriate as the Company aggressively manages supply in line with demand) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 363.81 274.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.39 270.10 Td (.) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (The following table includes the condensed statement of operations for the Motorcycles segment \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.33 721.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 689.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 689.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 689.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 689.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 689.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 689.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 689.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 689.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 689.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 659.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 659.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 659.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 659.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 659.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 659.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 659.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 659.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 659.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 629.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 629.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 629.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 629.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 629.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 629.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 629.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 629.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 629.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 599.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 599.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 599.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 599.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 599.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 599.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 599.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 599.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 599.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 569.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 569.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 569.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 569.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 569.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 569.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 569.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 569.75 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 539.75 223.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 539.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 539.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 539.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 539.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 539.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 539.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 539.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 539.75 69.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 689.75 m 345.5 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 689.75 m 417.5 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 689.75 m 489.5 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 689.75 m 562.5 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 614.75 m 345.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 614.75 m 417.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 614.75 m 489.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 614.75 m 417.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 614.75 m 489.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 584.75 m 345.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 584.75 m 417.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 584.75 m 489.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 584.75 m 417.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 584.75 m 489.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 539.75 m 345.5 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 524.75 m 345.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 539.75 m 417.5 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 524.75 m 417.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 539.75 m 489.5 539.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 524.75 m 489.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 510.75 m 345.5 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 508.75 m 345.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 524.75 m 417.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 510.75 m 417.5 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 508.75 m 417.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 524.75 m 489.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 510.75 m 489.5 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 508.75 m 489.5 508.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.00 693.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.00 693.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.05 701.98 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 456.00 701.98 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.60 693.98 Td (Incr) Tj ET Q q 0 0 0 rg BT 455.12 693.98 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.50 701.98 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.35 693.98 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 679.42 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 664.42 Td (Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.00 664.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 664.42 Td (4,127,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 664.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 664.42 Td (4,385,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 664.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 664.47 Td (\(258,124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 664.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 664.42 Td (\(5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 664.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 649.42 Td (Parts& Accessories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 649.42 Td (862,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 649.42 Td (875,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 649.47 Td (\(12,374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 649.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 649.42 Td (\(1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 649.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 634.42 Td (General Merchandise) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 634.42 Td (292,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 634.42 Td (284,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 634.42 Td (7,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 634.42 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 619.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 619.42 Td (26,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 619.42 Td (21,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 619.42 Td (4,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 619.42 Td (18.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 604.42 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 604.42 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 604.42 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 604.47 Td (\(258,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 604.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 604.42 Td (\(4.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 604.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 589.42 Td (Cost of goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 589.42 Td (3,356,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 589.42 Td (3,542,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 589.47 Td (\(186,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 589.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 589.42 Td (\(5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 589.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 574.42 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 574.42 Td (1,952,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 574.42 Td (2,025,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 574.47 Td (\(72,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 574.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 574.42 Td (\(3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 574.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.42 Td (Selling& administrative expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 559.42 Td (916,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 559.42 Td (887,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 559.42 Td (29,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 559.42 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 544.42 Td (Engineering expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 544.42 Td (160,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 544.42 Td (134,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 544.42 Td (25,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 544.42 Td (19.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.42 Td (Operating expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 529.42 Td (1,076,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 529.42 Td (1,021,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 529.42 Td (55,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 529.42 Td (5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.42 Td (Operating income from Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.00 514.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 514.42 Td (875,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 514.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 514.42 Td (1,003,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 514.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 514.47 Td (\(127,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 514.42 Td (\(12.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 514.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 489.25 Td (The following table includes the estimated impact of the significant factors af) Tj ET Q q 0 0 0 rg BT 382.50 489.25 Td (fecting the comparability of net revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.25 Td (cost of goods sold and gross profit from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.21 477.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.21 477.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.99 477.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.99 477.25 Td ( \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 438.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 438.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 438.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 438.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 438.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 438.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 408.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 408.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 408.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 408.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 378.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 378.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 378.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 348.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 348.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 348.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 318.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 318.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 318.75 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 438.75 m 412.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 438.75 m 487.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 438.75 m 562.5 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 333.75 m 412.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 333.75 m 487.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 333.75 m 562.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 333.75 m 487.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 318.75 m 487.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 333.75 m 562.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 318.75 m 412.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 304.75 m 412.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 302.75 m 412.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 318.75 m 487.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 304.75 m 487.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 302.75 m 487.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 304.75 m 562.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 302.75 m 562.5 302.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 450.98 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 442.98 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.35 458.83 Td (Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.60 450.83 Td (Goods) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.90 442.83 Td (Sold) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.55 450.98 Td (Gr) Tj ET Q q 0 0 0 rg BT 526.18 450.98 Td (oss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.55 442.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 524.84 442.98 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 428.42 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 428.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 428.42 Td (5,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 428.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 428.42 Td (3,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 428.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 428.42 Td (2,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 413.42 Td (Volume) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 413.47 Td (\(59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 413.47 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 413.47 Td (\(30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.42 Td (Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 398.42 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 398.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 398.42 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 383.42 Td (Foreign currency exchange rates and hedging) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.30 383.47 Td (\(231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 383.47 Td (\(110) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 383.47 Td (\(121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 368.42 Td (Shipment mix) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 368.47 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 368.47 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 368.47 Td (\(30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 353.42 Td (Raw material prices) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 353.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 353.47 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 353.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 353.42 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.42 Td (Manufacturing costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 338.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 338.47 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 338.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.30 323.47 Td (\(259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.30 323.47 Td (\(186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 323.47 Td (\(73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 308.42 Td (5,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 308.42 Td (3,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 308.42 Td (1,952) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 283.25 Td (The following factors af) Tj ET Q q 0 0 0 rg BT 169.23 283.25 Td (fected the comparability of net revenue, cost of goods sold and gross profit from 2014 to 2015:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 262.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 262.25 Td (On average, wholesale prices on the Company) Tj ET Q q 0 0 0 rg BT 274.15 262.25 Td (s 2015 and 2016 model-year motorcycles were higher than the prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 250.25 Td (model-years resulting in the favorable impact on revenue during the period. ) Tj ET Q q 0 0 0 rg BT 390.32 250.25 Td (The impact of revenue favorability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 238.25 Td (resulting from model-year price increases on gross profit was partially of) Tj ET Q q 0 0 0 rg BT 377.55 238.25 Td (fset by increases in cost related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 226.25 Td (additional content added to the 2015 and 2016 model-year motorcycles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 214.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 214.25 Td (Gross profit was negatively impacted by changes in foreign currency exchange rates during 2015 compared to 2014. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 202.25 Td (Revenue was negatively impacted by a weighted-average devaluation in the Euro, Japanese yen, Brazilian real and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 190.25 Td (Australian dollar of 17% compared to 2014. ) Tj ET Q q 0 0 0 rg BT 264.26 190.25 Td (The negative impact to revenue was partially of) Tj ET Q q 0 0 0 rg BT 454.84 190.25 Td (fset by a positive impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 178.25 Td (to cost of goods sold as a result of natural hedges, benefits of foreign exchange contracts and a decrease in losses from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 166.25 Td (the revaluation of foreign-denominated assets on the balance sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 154.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 154.25 Td (Shipment mix changes negatively impacted gross profit primarily due to changes in motorcycle family mix, driven by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 142.25 Td (higher shipments of Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 203.64 146.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.58 142.25 Td (/Street motorcycles. ) Tj ET Q q 0 0 0 rg BT 290.87 142.25 Td (The negative motorcycle family mix was partially of) Tj ET Q q 0 0 0 rg BT 501.46 142.25 Td (fset by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 130.25 Td (positive mix changes within parts and accessories and general merchandise.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 118.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 118.25 Td (Raw material prices were lower in 2015 compared to 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 106.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 106.25 Td (Manufacturing costs for 2015 benefited from increased manufacturing ef) Tj ET Q q 0 0 0 rg BT 376.98 106.25 Td (ficiencies and the absence of Street ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 94.25 Td (motorcycles start-up costs that were incurred in 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 73.25 Td (The net increase in operating expense was primarily due to reor) Tj ET Q q 0 0 0 rg BT 326.67 73.25 Td (ganization char) Tj ET Q q 0 0 0 rg BT 387.84 73.25 Td (ges, expenses associated with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.25 Td (acquisition and operations of its Canadian distribution and higher recall costs. ) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 742.10 Td (As discussed in "Outlook", the Company plans to significantly increase its spending in 2016 to drive demand. It plans to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 730.10 Td (fset this increased spending by reducing spending in other areas, primarily support functions and through a reor) Tj ET Q q 0 0 0 rg BT 503.69 730.10 Td (ganization of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (its commercial operations. ) Tj ET Q q 0 0 0 rg BT 158.12 718.10 Td (T) Tj ET Q q 0 0 0 rg BT 163.53 718.10 Td (o support this planned reallocation of spending, the Company incurred approximately $30 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (of reor) Tj ET Q q 0 0 0 rg BT 76.75 706.10 Td (ganization expenses in the fourth quarter of 2015. ) Tj ET Q q 0 0 0 rg BT 277.90 706.10 Td (This included approximately $23 million of operating expense and $5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (million of cost of goods sold in the Motorcycles segment. ) Tj ET Q q 0 0 0 rg BT 282.85 694.10 Td (These costs consisted of employee severance benefits, retirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (benefits and other reor) Tj ET Q q 0 0 0 rg BT 140.06 682.10 Td (ganization costs. ) Tj ET Q q 0 0 0 rg BT 209.03 682.10 Td (The Company also incurred approximately $2 million of reor) Tj ET Q q 0 0 0 rg BT 453.78 682.10 Td (ganization expenses in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (Financial Services segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 649.10 Td (On ) Tj ET Q q 0 0 0 rg BT 86.67 649.10 Td (August 4, 2015, the Company completed its purchase of certain assets and liabilities from Fred Deeley Imports, Ltd ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (\(Deeley Imports\) including, among other things, the acquisition of the exclusive right to distribute the Company's motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (and other products in Canada. ) Tj ET Q q 0 0 0 rg BT 171.64 625.10 Td (As a result of the acquisition, the Company now directly distributes its products in Canada as it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (does in other countries. ) Tj ET Q q 0 0 0 rg BT 145.63 613.10 Td (The Company incurred approximately $20 million of selling and administrative expense related to its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (Canada operations in 2015.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 247.65 580.10 Td (Financial Services Segment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 538.10 Td (The following table includes the condensed statements of operations for the Financial Services segment \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.82 538.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 507.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 507.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 507.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 507.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 507.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 477.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 477.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 477.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 477.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 447.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 447.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 447.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 447.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 447.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 417.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 417.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 417.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 417.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 507.6 m 349.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 507.6 m 420.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 507.6 m 491.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 507.6 m 562.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 507.6 m 349.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 507.6 m 420.5 507.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 477.6 m 349.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 477.6 m 420.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 477.6 m 491.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 417.6 m 349.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 417.6 m 420.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 417.6 m 491.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 402.6 m 349.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 388.6 m 349.5 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 386.6 m 349.5 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 402.6 m 420.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 388.6 m 420.5 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 386.6 m 420.5 386.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 402.6 m 491.5 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 388.6 m 491.5 388.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 386.6 m 491.5 386.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 511.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 511.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.10 519.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 457.62 519.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.55 511.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 458.50 511.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 519.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.35 511.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 497.27 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 497.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 497.27 Td (605,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 497.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 497.27 Td (585,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 497.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 497.27 Td (20,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 497.27 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 497.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 482.27 Td (Other income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 482.27 Td (80,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 482.27 Td (75,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 482.27 Td (5,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 482.27 Td (6.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 467.27 Td (Financial services revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 467.27 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 467.27 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 467.27 Td (25,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 467.27 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 452.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 452.27 Td (161,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 452.27 Td (164,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 452.32 Td (\(2,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 452.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 452.32 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 452.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 437.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 437.27 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 437.27 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 437.27 Td (20,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 437.27 Td (25.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 422.27 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 422.27 Td (143,125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 422.27 Td (137,569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 422.27 Td (5,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 422.27 Td (4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 407.27 Td (Financial Services expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 407.27 Td (406,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 407.27 Td (382,991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 407.27 Td (23,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 407.27 Td (6.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 392.27 Td (Operating income from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 392.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 392.27 Td (280,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 392.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 392.27 Td (277,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 392.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 392.27 Td (2,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 392.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 392.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 367.10 Td (Interest income was favorable due to higher average receivables in the retail and wholesale portfolios, partially of) Tj ET Q q 0 0 0 rg BT 526.86 367.10 Td (fset by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (lower retail yields due to low rate promotions during parts of 2015 and increased competition. Other income was favorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (primarily due to increased credit card licensing and insurance revenue. Other income now includes international income which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (had previously been reported in interest income. Prior period amounts, which were not material, have been adjusted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (comparability) Tj ET Q q 0 0 0 rg BT 104.89 319.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 298.10 Td (Interest expense benefited from a more favorable cost of funds and a lower loss on the extinguishment of a portion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Company's 6.80% medium-term notes than in 2014, partially of) Tj ET Q q 0 0 0 rg BT 304.91 286.10 Td (fset by higher average outstanding debt. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 265.10 Td (The provision for credit losses increased $20.4 million compared to 2014. ) Tj ET Q q 0 0 0 rg BT 370.31 265.10 Td (The retail motorcycle provision increased $18.2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (million during 2015 as a result of higher credit losses and portfolio growth. Credit losses were higher as a result of expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (increased losses in the subprime portfolio, lower recovery values on repossessed motorcycles, and deterioration in performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (in oil-dependent areas of the U.S. in late 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 208.10 Td (Annual losses on the Company's retail motorcycle loans were 1.42% during 2015 compared to 1.22% in 2014. ) Tj ET Q q 0 0 0 rg BT 516.25 208.10 Td (The 30-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (day delinquency rate for retail motorcycle loans at December31, 2015 increased to 3.78% from 3.61% at December31, 2014. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 175.10 Td (Changes in the allowance for credit losses on finance receivables were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.15 175.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 152.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 152.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 152.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 152.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 152.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 122.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 122.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 122.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 122.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 122.60 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 152.60000000000002 m 476.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 152.60000000000002 m 562.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 152.60000000000002 m 562.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 107.60000000000002 m 476.5 107.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 93.60000000000002 m 476.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 91.60000000000002 m 476.5 91.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 107.60000000000002 m 562.5 107.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 93.60000000000002 m 562.5 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 91.60000000000002 m 562.5 91.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.00 156.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 156.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 142.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 142.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 142.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 142.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 142.27 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 127.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 127.27 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 127.27 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 112.27 Td (Charge-offs, net of recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 112.32 Td (\(81,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 112.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 112.32 Td (\(64,275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 112.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 97.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 97.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 97.27 Td (147,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 97.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 97.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 72.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 72.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.08 72.10 Td (, the allowance for credit losses on finance receivables was $139.3 million for retail receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (and $7.9 million for wholesale receivables. ) Tj ET Q q 0 0 0 rg BT 224.39 60.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.89 60.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.48 60.10 Td (, the allowance for credit losses on finance receivables was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.10 Td ($122.0 million for retail receivables and $5.3 million for wholesale receivables. ) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The Company's periodic evaluation of the adequacy of the allowance for credit losses on finance receivables is generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (based on the Company's past loan loss experience, known and inherent risks in the portfolio, current economic conditions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the estimated value of any underlying collateral. Please refer to Note 5 of Notes to Consolidated Financial Statements for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (further discussion regarding the Company) Tj ET Q q 0 0 0 rg BT 221.07 706.10 Td (s allowance for credit losses on finance receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.00 682.10 Td (Results of Operations ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 302.72 682.10 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.72 682.10 Td ( Compar) Tj ET Q q 0 0 0 rg BT 360.59 682.10 Td (ed to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.92 682.10 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.92 682.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.10 661.10 Td (Consolidated Results) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.84 661.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.60 284.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 630.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 630.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 630.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 630.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.60 284.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 600.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 600.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 600.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 600.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.60 284.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 570.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 570.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 570.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 570.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 570.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.60 284.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 540.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 540.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 540.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 540.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 540.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 540.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 540.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 540.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 510.60 284.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 510.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 510.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 510.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 510.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 510.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 510.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 510.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 510.60 47.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 630.6 m 393.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 630.6 m 452.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 630.6 m 511.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 630.6 m 562.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 630.6 m 393.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 630.6 m 452.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 630.6 m 511.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 630.6 m 562.5 630.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 600.6 m 393.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 600.6 m 452.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 600.6 m 511.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 600.6 m 452.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 600.6 m 511.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 555.6 m 393.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 555.6 m 452.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 555.6 m 511.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 555.6 m 452.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 555.6 m 511.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 525.6 m 393.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 525.6 m 452.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 525.6 m 511.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 525.6 m 393.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 511.6 m 393.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 509.6 m 393.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 525.6 m 452.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 511.6 m 452.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 509.6 m 452.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 525.6 m 511.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 511.6 m 511.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 509.6 m 511.5 509.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 634.83 Td (\(in thousands, except earnings per share\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.50 634.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.50 634.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.10 642.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 483.62 642.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.55 634.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 484.50 634.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.50 642.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.35 634.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 620.27 Td (Operating income from Motorcycles& Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 620.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.60 620.27 Td (1,003,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 620.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 620.27 Td (870,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 620.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 620.27 Td (132,538) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 620.27 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 620.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 605.27 Td (Operating income from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 605.27 Td (277,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 605.27 Td (283,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.80 605.32 Td (\(5,257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.65 605.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 605.27 Td (\(1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 605.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 590.27 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.60 590.27 Td (1,280,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.60 590.27 Td (1,153,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 590.27 Td (127,281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 590.27 Td (11.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 590.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 575.27 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 575.27 Td (6,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 575.27 Td (5,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 575.27 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 575.27 Td (10.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 575.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 560.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 560.27 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 560.27 Td (45,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.80 560.32 Td (\(41,094) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.65 560.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 560.27 Td (\(90.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 560.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 545.27 Td (Income before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.60 545.27 Td (1,283,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.60 545.27 Td (1,114,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 545.27 Td (169,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 545.27 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 545.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 530.27 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 530.27 Td (438,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 530.27 Td (380,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 530.27 Td (58,397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 530.27 Td (15.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 530.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 515.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 515.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 515.27 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 515.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 515.27 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 515.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 515.27 Td (110,618) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 515.27 Td (15.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 515.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 500.27 Td (Diluted earnings per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 500.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 500.27 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 500.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 500.27 Td (3.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.00 500.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.15 500.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 500.27 Td (18.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 500.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 475.10 Td (Consolidated operating income was up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.02 475.10 Td (1) Tj ET Q q 0 0 0 rg BT 236.65 475.10 Td (1.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.48 475.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.26 475.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.26 475.10 Td ( led by an increase in operating income from the Motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (segment which improved by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.09 463.10 Td ($132.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.98 463.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.68 463.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.68 463.10 Td (. Operating income for the Financial Services segment decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.50 451.10 Td ($5.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.39 451.10 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.50 451.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.50 451.10 Td ( as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.03 451.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.03 451.10 Td (. Please refer to the Motorcycles and Related Products Segment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (Financial Services Segment discussions following for a more detailed discussion of the factors af) Tj ET Q q 0 0 0 rg BT 447.22 439.10 Td (fecting operating income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 418.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 99.63 418.10 Td (fective income tax rate for 2014 was 34.2% compared to 34.1% for 2013. ) Tj ET Q q 0 0 0 rg BT 396.03 418.10 Td (The Company's 2014 and 2013 ef) Tj ET Q q 0 0 0 rg BT 530.68 418.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (tax rate included U.S. Federal Research and Development tax credits that were reinstated by the ) Tj ET Q q 0 0 0 rg BT 435.69 406.10 Td (American ) Tj ET Q q 0 0 0 rg BT 477.44 406.10 Td (T) Tj ET Q q 0 0 0 rg BT 482.85 406.10 Td (axpayer Relief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Act.) Tj ET Q q 0 0 0 rg BT 69.26 394.10 Td (The ef) Tj ET Q q 0 0 0 rg BT 94.89 394.10 Td (fective tax rate for 2013 also included the full-impact of the 2012 U.S. Federal Research and Development tax credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (due to the timing of the enactment of the ) Tj ET Q q 0 0 0 rg BT 214.68 382.10 Td (American ) Tj ET Q q 0 0 0 rg BT 256.42 382.10 Td (T) Tj ET Q q 0 0 0 rg BT 261.83 382.10 Td (axpayer Relief ) Tj ET Q q 0 0 0 rg BT 322.36 382.10 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 361.10 Td (Diluted earnings per share were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.67 361.10 Td ($3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.17 361.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.95 361.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.95 361.10 Td (, up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.45 361.10 Td (18.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.28 361.10 Td ( over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.04 361.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.04 361.10 Td (. ) Tj ET Q q 0 0 0 rg BT 349.86 361.10 Td (The increase in diluted earnings per share was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (driven primarily by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.98 349.10 Td (15.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.81 349.10 Td ( increase in net income, but also benefited from lower diluted weighted average shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (outstanding. Diluted weighted average shares outstanding decreased from 224.1 million in 2013 to 217.7 million in 2014 driven ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (by the Company's repurchases of common stock. Please refer to "Liquidity and Capital Resources" for additional information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (concerning the Company's share repurchase activity) Tj ET Q q 0 0 0 rg BT 257.47 313.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.40 292.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 232.43 292.10 Td (cycles Retail Sales and Registration Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 271.10 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 271.10 Td (orldwide independent dealer retail sales of Harley-Davidson motorcycles increased 2.7% during 2014 compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (2013. Retail sales of Harley-Davidson motorcycles increased 1.3% in the United States and 5.4% internationally in 2014. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 238.10 Td (The Company believes U.S. retail sales for 2014 benefited from strong sales of Rushmore and Street motorcycles that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (were partially of) Tj ET Q q 0 0 0 rg BT 115.90 226.10 Td (fset by adverse impacts that resulted from the absence of Road Glide motorcycles for most of 2014 and very ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 214.10 Td (ficult weather conditions in the first half of 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 193.10 Td (International retail sales growth during 2014 in the ) Tj ET Q q 0 0 0 rg BT 278.95 193.10 Td (Asia Pacific region, Latin ) Tj ET Q q 0 0 0 rg BT 383.64 193.10 Td (America region and EMEA) Tj ET Q q 0 0 0 rg BT 493.33 193.10 Td ( region was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 181.10 Td (fset by a decline in Canada. Retail sales in the ) Tj ET Q q 0 0 0 rg BT 279.75 181.10 Td (Asia Pacific region were driven by growth in emer) Tj ET Q q 0 0 0 rg BT 482.28 181.10 Td (ging markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (especially India and China. ) Tj ET Q q 0 0 0 rg BT 161.17 169.10 Td (The retail sales growth in the Latin ) Tj ET Q q 0 0 0 rg BT 303.08 169.10 Td (America region was driven by Mexico. ) Tj ET Q q 0 0 0 rg BT 462.01 169.10 Td (The EMEA) Tj ET Q q 0 0 0 rg BT 507.84 169.10 Td ( region retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.10 Td (sales growth was driven by growth in nearly all countries throughout the region. International retail sales as a percent of total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.10 Td (retail sales in 2014 were 36.2% of total retail sales compared to 35.3% in 2013. ) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Harley-Davidson Motor) Tj ET Q q 0 0 0 rg BT 152.30 742.25 Td (cycle Retail Sales) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 225.62 746.78 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.25 Td (The following table includes retail unit sales of Harley-Davidson motorcycles:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.58 721.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 690.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 690.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 690.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 690.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 690.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 660.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 660.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 660.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 660.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 660.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 630.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 630.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 630.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 630.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 600.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 600.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 600.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 600.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 570.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 570.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 570.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 570.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 540.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 540.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 540.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 540.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 510.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 510.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 510.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 510.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 510.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 480.75 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 480.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 480.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 480.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 480.75 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 690.75 m 350.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 690.75 m 421.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 690.75 m 491.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 690.75 m 562.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 645.75 m 350.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 645.75 m 421.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 645.75 m 491.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 645.75 m 421.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 645.75 m 491.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 585.75 m 350.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 585.75 m 421.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 585.75 m 491.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 585.75 m 350.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 585.75 m 421.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 585.75 m 491.5 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 525.75 m 350.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 525.75 m 421.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 525.75 m 491.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 525.75 m 350.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 525.75 m 421.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 525.75 m 491.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 495.75 m 350.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 495.75 m 421.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 495.75 m 491.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 481.75 m 350.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 479.75 m 350.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 495.75 m 421.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 481.75 m 421.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 479.75 m 421.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 495.75 m 491.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 481.75 m 491.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 479.75 m 491.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 479.75 m 421.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 481.75 m 421.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 479.75 m 491.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 481.75 m 491.5 481.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.00 694.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.50 694.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.60 702.83 Td (Incr) Tj ET Q q 0 0 0 rg BT 458.12 702.83 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.05 694.83 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 459.00 694.83 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 702.83 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.35 694.83 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 680.42 Td (North America Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 665.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 665.42 Td (171,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 665.42 Td (168,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 665.42 Td (2,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 665.42 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 665.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 650.42 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 650.42 Td (9,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 650.42 Td (11,062) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 650.47 Td (\(1,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 650.47 Td (\(10.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 635.42 Td (Total North America Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 635.42 Td (180,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 635.42 Td (179,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 635.42 Td (1,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 635.42 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 620.42 Td (Europe, Middle East and Africa Region \(EMEA\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 605.42 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 101.88 609.95 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 605.42 Td (38,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 605.42 Td (36,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 605.42 Td (2,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 605.42 Td (6.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 590.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 590.42 Td (6,832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 590.42 Td (6,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 590.42 Td (299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 590.42 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 575.42 Td (Total EMEA Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 575.42 Td (45,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 575.42 Td (42,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 575.42 Td (2,714) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 575.42 Td (6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 560.42 Td (Asia Pacific Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 545.42 Td (Japan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 545.42 Td (10,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 545.42 Td (10,751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 545.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 545.42 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 530.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 530.42 Td (19,299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 530.42 Td (16,139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 530.42 Td (3,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 530.42 Td (19.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 515.42 Td (Total Asia Pacific Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 515.42 Td (30,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 515.42 Td (26,890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 515.42 Td (3,184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 515.42 Td (11.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 500.42 Td (Latin America Region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 500.42 Td (11,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 500.42 Td (11,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 500.42 Td (237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 500.42 Td (2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 485.42 Td (Total Worldwide Retail Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 485.42 Td (267,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 485.42 Td (260,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 485.42 Td (7,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 485.42 Td (2.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 485.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 470.42 Td (Total International Retail Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 470.42 Td (96,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 470.42 Td (91,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 470.42 Td (4,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 470.42 Td (5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 470.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 442.25 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 442.25 Td (Data source for retail sales figures shown above is new sales warranty and registration information provided by Harley-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 430.25 Td (Davidson dealers and compiled by the Company) Tj ET Q q 0 0 0 rg BT 269.10 430.25 Td (. ) Tj ET Q q 0 0 0 rg BT 273.92 430.25 Td (The Company must rely on information that its dealers supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 418.25 Td (concerning retail sales and this information is subject to revision.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 406.25 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 406.25 Td (Data for Europe include ) Tj ET Q q 0 0 0 rg BT 173.65 406.25 Td (Austria, Belgium, Denmark, Finland, France, Germany) Tj ET Q q 0 0 0 rg BT 394.06 406.25 Td (, Greece, Italy) Tj ET Q q 0 0 0 rg BT 450.04 406.25 Td (, Luxembour) Tj ET Q q 0 0 0 rg BT 501.51 406.25 Td (g, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 394.25 Td (Netherlands, Norway) Tj ET Q q 0 0 0 rg BT 160.23 394.25 Td (, Portugal, Spain, Sweden, Switzerland and the United Kingdom.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (Motor) Tj ET Q q 0 0 0 rg BT 77.03 373.25 Td (cycle Registration Data - 601+cc) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 214.35 377.78 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 352.25 Td (The following table includes industry retail motorcycle registration data:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 321.75 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 321.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 321.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 321.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 321.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 321.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 321.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 321.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 321.75 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 321.75 m 352.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 321.75 m 422.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 321.75 m 492.5 321.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 321.75 m 562.5 321.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.00 325.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.00 325.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.60 325.98 Td (Increase) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.00 333.83 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.85 325.83 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 311.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 106.60 315.95 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 311.42 Td (313,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 311.42 Td (305,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 311.42 Td (7,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 311.42 Td (2.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 311.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 296.42 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 81.88 300.95 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 296.42 Td (319,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 296.42 Td (281,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 296.42 Td (37,957) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 296.42 Td (13.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 296.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 282.65 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 270.65 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 270.65 Td (Data includes on-road 601+cc models. On-road 601+cc models include dual purpose models, three-wheeled motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 258.65 Td (and beginning in 2014, the U.S. also includes autocycles. Registration data for Harley-Davidson Street 500) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 503.59 263.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.52 258.65 Td ( motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 246.65 Td (are not included in this table.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 234.65 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 234.65 Td (United States industry data is derived from information provided by Motorcycle Industry Council \(MIC\). ) Tj ET Q q 0 0 0 rg BT 498.70 234.65 Td (This third party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 222.65 Td (data is subject to revision and update. Prior periods have been adjusted to include all dual purpose models that were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 210.65 Td (previously excluded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 198.65 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 198.65 Td (Europe data includes ) Tj ET Q q 0 0 0 rg BT 161.16 198.65 Td (Austria, Belgium, Denmark, Finland, France, Germany) Tj ET Q q 0 0 0 rg BT 381.57 198.65 Td (, Greece, Italy) Tj ET Q q 0 0 0 rg BT 437.55 198.65 Td (, Luxembour) Tj ET Q q 0 0 0 rg BT 489.02 198.65 Td (g, Netherlands, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 186.65 Td (Norway) Tj ET Q q 0 0 0 rg BT 106.91 186.65 Td (, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Industry retail motorcycle registration data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 174.65 Td (includes 601+cc models derived from information provided by ) Tj ET Q q 0 0 0 rg BT 328.71 174.65 Td (Association des Constructeurs Europeens de Motocycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 162.65 Td (\(ACEM\), an independent agency) Tj ET Q q 0 0 0 rg BT 206.88 162.65 Td (. ) Tj ET Q q 0 0 0 rg BT 211.70 162.65 Td (This third-party data is subject to revision and update.) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.10 742.25 Td (Motor) Tj ET Q q 0 0 0 rg BT 240.13 742.25 Td (cycles and Related Pr) Tj ET Q q 0 0 0 rg BT 331.87 742.25 Td (oducts Segment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Motor) Tj ET Q q 0 0 0 rg BT 77.03 730.25 Td (cycle Unit Shipments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.25 Td (The following table includes wholesale motorcycle unit shipments for the Motorcycles & Related Products segment:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 540.56 709.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 667.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 667.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 667.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 667.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 667.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 667.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 667.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.50 667.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 637.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 637.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 637.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 637.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 637.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 637.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 637.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.50 637.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 607.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 607.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 607.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 607.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 607.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 607.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 607.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.50 607.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 577.75 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 577.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 577.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 577.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 577.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 577.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 577.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.50 577.75 45.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 687.75 m 269.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 687.75 m 273.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 687.75 m 330.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 687.75 m 391.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 687.75 m 395.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 687.75 m 452.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 687.75 m 269.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 667.75 m 269.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 687.75 m 273.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 687.75 m 330.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 667.75 m 330.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 687.75 m 391.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 667.75 m 391.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 687.75 m 395.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 687.75 m 452.5 687.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 667.75 m 452.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 667.75 m 513.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 667.75 m 562.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 667.75 m 269.5 667.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 637.75 m 269.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 637.75 m 330.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 637.75 m 391.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 637.75 m 452.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 637.75 m 513.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 623.75 m 269.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 621.75 m 269.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 637.75 m 330.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 623.75 m 330.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 621.75 m 330.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 637.75 m 391.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 623.75 m 391.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 621.75 m 391.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 623.75 m 452.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 621.75 m 452.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 637.75 m 513.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 623.75 m 513.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 621.75 m 513.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 577.75 m 269.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 577.75 m 330.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 577.75 m 391.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 577.75 m 452.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 577.75 m 513.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 563.75 m 269.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 561.75 m 269.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 563.75 m 330.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 561.75 m 330.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 577.75 m 391.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 563.75 m 391.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 561.75 m 391.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 577.75 m 452.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 563.75 m 452.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 561.75 m 452.5 561.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 577.75 m 513.5 577.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 563.75 m 513.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 561.75 m 513.5 561.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 690.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.00 690.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.00 690.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.90 690.83 Td (Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.90 690.83 Td (Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.35 671.98 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.60 671.98 Td (Mix %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.35 671.98 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.60 671.98 Td (Mix %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.10 679.83 Td (Increase) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.55 671.83 Td (\(Decrease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.50 679.83 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.35 671.83 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 657.42 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 657.42 Td (173,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 657.42 Td (64.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 657.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 657.42 Td (167,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 657.42 Td (64.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 657.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 657.42 Td (6,978) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 657.42 Td (4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 657.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 642.42 Td (International) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.15 642.42 Td (96,732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 642.42 Td (35.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 642.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 642.42 Td (93,455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 642.42 Td (35.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 642.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 642.42 Td (3,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 642.42 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 627.42 Td (Harley-Davidson motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 627.42 Td (270,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 627.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 627.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 627.42 Td (260,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 627.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 627.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 627.42 Td (10,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 627.42 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 627.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 612.42 Td (Touring motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 612.42 Td (122,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 612.42 Td (45.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 612.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 612.42 Td (107,213) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 612.42 Td (41.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 612.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 612.42 Td (15,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 612.42 Td (14.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 612.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 597.42 Td (Cruiser motorcycle units) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 151.87 601.95 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.15 597.42 Td (91,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 597.42 Td (33.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 597.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 597.42 Td (102,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 597.42 Td (39.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 597.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.80 597.47 Td (\(11,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 597.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.45 597.42 Td (\(11.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 597.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 582.42 Td (Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 89.11 586.95 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.05 582.42 Td ( / Street motorcycle units) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 194.58 586.95 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.15 582.42 Td (56,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 582.42 Td (21.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 582.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 582.42 Td (50,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 582.42 Td (19.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 582.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 582.42 Td (6,511) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 582.42 Td (12.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 567.42 Td (Harley-Davidson motorcycle units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 567.42 Td (270,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 567.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 567.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 567.42 Td (260,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 567.42 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 567.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 567.42 Td (10,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 567.42 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 567.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 539.25 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 539.25 Td (Category previously referred to as "Custom" motorcycle units, as used in this table, include Dyna) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 466.74 543.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.68 539.25 Td (, Softail) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 503.34 543.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.28 539.25 Td (, ) Tj ET Q q 0 0 0 rg BT 513.10 539.25 Td (V) Tj ET Q q 0 0 0 rg BT 519.40 539.25 Td (-Rod) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 539.40 543.78 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.34 539.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 527.25 Td (CVO models.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 515.25 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 515.25 Td (Initial shipments of Street motorcycle units began in the first quarter of 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 494.25 Td (During 2014, wholesale shipments of Harley-Davidson motorcycles were up 3.9% compared to the prior year) Tj ET Q q 0 0 0 rg BT 512.21 494.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (International shipments as a percentage of the total were down slightly in 2014 as compared to 2013. In addition, shipments of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (touring motorcycles and Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 185.81 474.78 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.37 470.25 Td (/ Street motorcycles as a percentage of total shipments increased in 2014 compared to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (prior year while shipments of cruiser motorcycles as a percentage of total shipments declined. ) Tj ET Q q 0 0 0 rg BT 427.75 458.25 Td (The Company believes the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (increase in touring motorcycle shipments, as a percentage of total shipments, was driven by continued demand for model-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (2014 Rushmore motorcycles and demand for model-year 2015 Rushmore motorcycles. ) Tj ET Q q 0 0 0 rg BT 400.20 434.25 Td (Also, the shipment mix of Sportster) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 542.96 438.78 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.53 434.25 Td (/ ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (Street increased as a result of Street shipments which began in 2014 and totaled approximately 9,900 motorcycles. ) Tj ET Q q 0 0 0 rg BT 509.60 422.25 Td (As expected, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (retail inventory in the U.S. at the end of 2014 was approximately 2,900 units higher than at the end of 2013 lar) Tj ET Q q 0 0 0 rg BT 491.94 410.25 Td (gely due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (initial dealer fill of Street models for retail.) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.25 Td (The following table includes the condensed statement of operations for the Motorcycles & Related Products segment \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 709.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 678.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 678.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 678.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 678.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 678.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 648.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 648.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 648.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 648.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 648.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 618.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 618.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 618.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 618.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 618.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 588.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 588.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 558.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 558.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 528.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 528.75 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 498.75 212.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 498.75 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 678.75 m 331.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 678.75 m 400.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 678.75 m 469.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 678.75 m 539.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 603.75 m 331.5 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 603.75 m 400.5 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 603.75 m 469.5 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 603.75 m 400.5 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 603.75 m 469.5 603.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 573.75 m 331.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 573.75 m 400.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 573.75 m 469.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 573.75 m 400.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 573.75 m 469.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 513.75 m 331.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 513.75 m 400.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 513.75 m 469.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 498.75 m 331.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 513.75 m 400.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 498.75 m 400.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 513.75 m 469.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 498.75 m 469.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 484.75 m 331.5 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 482.75 m 331.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 498.75 m 400.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 484.75 m 400.5 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 482.75 m 400.5 482.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 498.75 m 469.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 484.75 m 469.5 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 482.75 m 469.5 482.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.50 682.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.50 682.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.10 690.83 Td (Incr) Tj ET Q q 0 0 0 rg BT 436.62 690.83 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.55 682.83 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 437.50 682.83 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.00 690.83 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.85 682.83 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 668.42 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 653.42 Td (Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 653.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 653.42 Td (4,385,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 653.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 653.42 Td (4,067,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 653.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 653.42 Td (318,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 653.42 Td (7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 653.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 638.42 Td (Parts& Accessories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 638.42 Td (875,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 638.42 Td (873,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 638.42 Td (1,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 638.42 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 623.42 Td (General Merchandise) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 623.42 Td (284,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 623.42 Td (295,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 623.47 Td (\(11,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.80 623.47 Td (\(3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 608.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 608.42 Td (21,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 608.42 Td (21,851) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 608.42 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 608.42 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 593.42 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 593.42 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 593.42 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 593.42 Td (309,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 593.42 Td (5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 578.42 Td (Cost of goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 578.42 Td (3,542,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 578.42 Td (3,395,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 578.42 Td (146,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 578.42 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 563.42 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 563.42 Td (2,025,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 563.42 Td (1,862,372) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 563.42 Td (162,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 563.42 Td (8.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 548.42 Td (Selling& administrative expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 548.42 Td (887,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 548.42 Td (847,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 548.42 Td (39,406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 548.42 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 533.42 Td (Engineering expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 533.42 Td (134,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 533.42 Td (145,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 533.47 Td (\(11,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 533.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.80 533.47 Td (\(7.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 533.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 518.42 Td (Restructuring benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 518.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.80 518.47 Td (\(2,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 518.42 Td (2,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 518.47 Td (\(100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 503.42 Td (Operating expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 503.42 Td (1,021,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 503.42 Td (991,763) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 503.42 Td (30,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 503.42 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 488.42 Td (Operating income from Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 488.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.65 488.42 Td (1,003,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 488.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 488.42 Td (870,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 488.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.15 488.42 Td (132,538) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 488.42 Td (15.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 488.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 463.25 Td (The following table includes the estimated impact of the significant factors af) Tj ET Q q 0 0 0 rg BT 384.00 463.25 Td (fecting the comparability of net revenue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (cost of goods sold and gross profit from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.21 451.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.21 451.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.99 451.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.99 451.25 Td ( \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 412.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 412.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 412.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 412.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 412.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 412.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 382.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 382.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 382.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 382.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 382.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 382.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 382.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 352.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 352.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 352.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 352.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 352.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 352.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 352.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 322.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 322.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 322.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 322.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 322.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 322.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 322.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 292.75 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 292.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 292.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 292.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 292.75 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 292.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 292.75 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 412.75 m 412.5 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 412.75 m 487.5 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 412.75 m 562.5 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 307.75 m 412.5 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 307.75 m 487.5 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 307.75 m 562.5 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 307.75 m 487.5 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 292.75 m 487.5 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 307.75 m 562.5 307.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 292.75 m 562.5 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 292.75 m 412.5 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 278.75 m 412.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 276.75 m 412.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 292.75 m 487.5 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 278.75 m 487.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 276.75 m 487.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 292.75 m 562.5 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 278.75 m 562.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 276.75 m 562.5 276.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 424.98 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.30 416.98 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.35 432.83 Td (Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.60 424.83 Td (Goods) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.90 416.83 Td (Sold) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.55 424.98 Td (Gr) Tj ET Q q 0 0 0 rg BT 526.18 424.98 Td (oss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.55 416.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 524.84 416.98 Td (ofit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 402.42 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 402.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 402.42 Td (5,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 402.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 402.42 Td (3,397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 402.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 402.42 Td (1,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 387.42 Td (Volume) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 387.42 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 387.42 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 387.42 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 372.42 Td (Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 372.42 Td (166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 372.42 Td (119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 372.42 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 357.42 Td (Foreign currency exchange rates and hedging) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 357.47 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 357.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 357.47 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 357.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 357.47 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 357.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 342.42 Td (Shipment mix) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 342.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 342.47 Td (\(16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 342.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 342.42 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 327.42 Td (Raw material prices) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 327.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 327.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 327.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 327.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 312.42 Td (Manufacturing costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 312.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 312.47 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 312.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 312.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 297.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 297.42 Td (309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 297.42 Td (146) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 297.42 Td (163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 282.42 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 282.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 282.42 Td (5,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 282.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 282.42 Td (3,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 282.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 282.42 Td (2,025) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 257.25 Td (The following factors af) Tj ET Q q 0 0 0 rg BT 169.23 257.25 Td (fected the comparability of net revenue, cost of goods sold and gross profit from 2013 to 2014:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 236.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 236.25 Td (V) Tj ET Q q 0 0 0 rg BT 91.53 236.25 Td (olume increases were driven by the increase in wholesale motorcycle shipments and parts and accessories sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 224.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 129.57 224.25 Td (fset by lower sales volumes for general merchandise. General merchandise revenue was adversely impacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 212.25 Td (in 2014 by a SKU reduction plan across the apparel of) Tj ET Q q 0 0 0 rg BT 302.58 212.25 Td (fering focused on transforming the retail customer experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 200.25 Td (with a more tar) Tj ET Q q 0 0 0 rg BT 146.23 200.25 Td (geted assortment of popular styles. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 188.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 188.25 Td (On average, wholesale prices on the Company) Tj ET Q q 0 0 0 rg BT 274.15 188.25 Td (s 2014 and 2015 model-year motorcycles are higher than the preceding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 176.25 Td (model-year resulting in the favorable impact on revenue during the period. ) Tj ET Q q 0 0 0 rg BT 386.43 176.25 Td (The revenue favorability resulting from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 164.25 Td (model-year price increases was partially of) Tj ET Q q 0 0 0 rg BT 257.28 164.25 Td (fset by an increase in cost related to the significant additional content added ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 152.25 Td (to the 2014 and 2015 model-year motorcycles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 140.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 140.25 Td (Net revenue and gross profit were negatively impacted by a devaluation in the Company's key foreign currencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 128.25 Td (compared to the U.S. dollar) Tj ET Q q 0 0 0 rg BT 195.73 128.25 Td (, primarily the Euro, Japanese yen, Brazilian real and ) Tj ET Q q 0 0 0 rg BT 410.09 128.25 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 477.17 128.25 Td (, which together ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 116.25 Td (declined approximately 3% on a weighted-average basis in 2014 compared to 2013.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 104.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 104.25 Td (Shipment mix changes between motorcycle families positively impacted net revenue and gross profit as a result of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 92.25 Td (higher mix of ) Tj ET Q q 0 0 0 rg BT 142.35 92.25 Td (T) Tj ET Q q 0 0 0 rg BT 147.76 92.25 Td (ouring motorcycles which was partially of) Tj ET Q q 0 0 0 rg BT 316.70 92.25 Td (fset by an increase in Street motorcycle shipments. Shipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 80.25 Td (mix also benefited from favorable model mix within motorcycle families, as well as, favorable mix within the parts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 68.25 Td (and accessories and general merchandise product lines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 56.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 56.25 Td (Raw material prices were slightly higher in 2014 relative to 2013.) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 742.10 Td (Manufacturing costs for 2014 benefited from increased year) Tj ET Q q 0 0 0 rg BT 325.59 742.10 Td (-over) Tj ET Q q 0 0 0 rg BT 346.48 742.10 Td (-year production, restructuring savings, lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 730.10 Td (temporary inef) Tj ET Q q 0 0 0 rg BT 144.56 730.10 Td (ficiencies and lower pension costs compared to 2013. ) Tj ET Q q 0 0 0 rg BT 360.71 730.10 Td (The manufacturing cost benefits were partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 718.10 Td (of) Tj ET Q q 0 0 0 rg BT 93.75 718.10 Td (fset by start-up costs of approximately $15.3 million associated with the launch of the Street platform of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 706.10 Td (motorcycles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.10 Td (The net increase in operating expense was primarily due to higher selling and administrative expenses and the absence of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (the restructuring benefit recorded in 2013, partially of) Tj ET Q q 0 0 0 rg BT 265.30 673.10 Td (fset by lower engineering expense. ) Tj ET Q q 0 0 0 rg BT 406.73 673.10 Td (The higher selling and administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (expenses were primarily due to higher spending in support of the Company's growth initiatives and higher recall costs. In 2013, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (the Company completed work related to its various restructuring activities that were initiated during 2009 through 201) Tj ET Q q 0 0 0 rg BT 523.40 649.10 Td (1.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 247.65 628.10 Td (Financial Services Segment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 607.10 Td (Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 586.10 Td (The following table includes the condensed statements of operations for the Financial Services segment \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.82 586.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 555.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 555.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 555.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 555.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 555.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 525.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 525.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 525.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 525.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 525.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 495.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 495.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 495.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 495.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 495.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 465.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 465.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 465.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 465.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 555.6 m 349.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 555.6 m 420.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 555.6 m 491.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 555.6 m 562.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 555.6 m 349.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 555.6 m 420.5 555.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 525.6 m 349.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 525.6 m 420.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 525.6 m 491.5 525.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 465.6 m 349.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 465.6 m 420.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 465.6 m 491.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 450.6 m 349.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 436.6 m 349.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 434.6 m 349.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 450.6 m 420.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 436.6 m 420.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 434.6 m 420.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 450.6 m 491.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 436.6 m 491.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 434.6 m 491.5 434.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.50 559.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 559.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.10 567.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 457.62 567.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.55 559.68 Td (\(Decr) Tj ET Q q 0 0 0 rg BT 458.50 559.68 Td (ease\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 567.68 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.35 559.68 Td (Change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 545.27 Td (Interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 545.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 545.27 Td (585,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 545.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 545.27 Td (575,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 545.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 545.27 Td (9,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 545.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 545.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 530.27 Td (Other income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 530.27 Td (75,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 530.27 Td (65,930) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 530.27 Td (9,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 530.27 Td (14.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 515.27 Td (Financial services revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 515.27 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 515.27 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 515.27 Td (19,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 515.27 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 500.27 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 500.27 Td (164,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 500.27 Td (165,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 500.32 Td (\(1,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 500.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 500.27 Td (\(0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 500.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 485.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 485.27 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 485.27 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 485.27 Td (20,938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 485.27 Td (34.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 470.27 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 470.27 Td (137,569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 470.27 Td (132,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 470.27 Td (4,579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 470.27 Td (3.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.27 Td (Financial Services expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 455.27 Td (382,991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 455.27 Td (358,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 455.27 Td (24,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 455.27 Td (6.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 440.27 Td (Operating income from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 440.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 440.27 Td (277,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 440.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 440.27 Td (283,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 440.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 440.32 Td (\(5,257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 440.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 440.27 Td (\(1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 440.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 415.10 Td (Interest income was favorable due to higher retail and wholesale outstanding finance receivables, partially of) Tj ET Q q 0 0 0 rg BT 507.98 415.10 Td (fset by lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (yields primarily on retail finance receivables due to increased competition. Other income was favorable primarily due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (increased credit card licensing and insurance revenue. Other income now includes international income which had previously ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (been reported in interest income. ) Tj ET Q q 0 0 0 rg BT 183.29 379.10 Td (Amounts for 2014 and 2013, which were not material, have been adjusted for comparability) Tj ET Q q 0 0 0 rg BT 550.59 379.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 358.10 Td (Interest expense benefited from a more favorable cost of funds and a lower loss on the extinguishment of a portion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Company's 6.80% medium-term notes than in 2013, partially of) Tj ET Q q 0 0 0 rg BT 304.91 346.10 Td (fset by higher average outstanding debt. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 325.10 Td (The provision for credit losses increased $20.9 million compared to 2013. ) Tj ET Q q 0 0 0 rg BT 370.31 325.10 Td (The retail motorcycle provision increased $20.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (million during 2014 as a result of higher credit losses, an increase in the retail motorcycle reserve rate, and portfolio growth. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (Credit losses were impacted by lower recovery values of repossessed motorcycles, the impact of changing consumer behavior) Tj ET Q q 0 0 0 rg BT 553.05 301.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (and lower recoveries as a result of fewer char) Tj ET Q q 0 0 0 rg BT 231.39 289.10 Td (ge-of) Tj ET Q q 0 0 0 rg BT 252.31 289.10 Td (fs in prior periods.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 268.10 Td (Annual losses on the Company's retail motorcycle loans were 1.22% during 2014 compared to 1.09% in 2013. ) Tj ET Q q 0 0 0 rg BT 516.25 268.10 Td (The 30-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (day delinquency rate for retail motorcycle loans at December31, 2014 decreased to 3.61% from 3.71% at December31, 2013. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 235.10 Td (Changes in the allowance for credit losses on finance receivables were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.15 235.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.60 347.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 212.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 212.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 212.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 212.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 182.60 347.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 182.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 182.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 182.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 182.60 78.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 212.60000000000002 m 480.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 212.60000000000002 m 562.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 212.60000000000002 m 562.5 212.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 167.60000000000002 m 562.5 167.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 167.60000000000002 m 480.5 167.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 153.60000000000002 m 480.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 151.60000000000002 m 480.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 167.60000000000002 m 562.5 167.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 153.60000000000002 m 562.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 151.60000000000002 m 562.5 151.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.50 216.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.00 216.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 202.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.15 202.27 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 202.27 Td (107,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 187.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 187.27 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 187.27 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 172.27 Td (Charge-offs, net of recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 172.32 Td (\(64,275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 172.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 172.32 Td (\(56,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 172.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 157.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 157.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.15 157.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 157.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 157.27 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 132.10 Td (At December 31, 2014, the allowance for credit losses on finance receivables was $122.0 million for retail receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (and $5.3 million for wholesale receivables. ) Tj ET Q q 0 0 0 rg BT 224.39 120.10 Td (At December 31, 2013, the allowance for credit losses on finance receivables was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.10 Td ($106.1 million for retail receivables and $4.6 million for wholesale receivables. ) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.10 742.25 Td (Other) Tj ET Q q 0 0 0 rg BT 300.47 742.25 Td ( Matters) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (New ) Tj ET Q q 0 0 0 rg BT 70.83 721.25 Td (Accounting Standards Not ) Tj ET Q q 0 0 0 rg BT 186.31 721.25 Td (Y) Tj ET Q q 0 0 0 rg BT 192.42 721.25 Td (et ) Tj ET Q q 0 0 0 rg BT 202.14 721.25 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 700.25 Td (In May 2014, the Financial ) Tj ET Q q 0 0 0 rg BT 183.04 700.25 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 309.22 700.25 Td (ASB\) issued ) Tj ET Q q 0 0 0 rg BT 361.45 700.25 Td (Accounting Standards Update \(ASU\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 688.25 Td (No.2014-09 Revenue from Contracts with Customers \(ASU No. 2014-09\). ) Tj ET Q q 0 0 0 rg BT 353.02 688.25 Td (ASU No.2014-09 is a comprehensive new revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.25 Td (recognition model that requires a company to recognize revenue to depict the transfer of goods or services to customers in an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.25 Td (amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.25 Td (August 2015, the F) Tj ET Q q 0 0 0 rg BT 125.93 652.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 174.83 652.25 Td (ASU No. 2015-14 Revenue from Contracts with Customers: Deferral of Ef) Tj ET Q q 0 0 0 rg BT 474.86 652.25 Td (fective Date \(ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.25 Td (No. 2015-14\) to defer the ef) Tj ET Q q 0 0 0 rg BT 162.00 640.25 Td (fective date of the new revenue recognition standard by one year to fiscal years beginning after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.25 Td (December 15, 2017 and for interim periods therein. ) Tj ET Q q 0 0 0 rg BT 258.09 628.25 Td (The Company is currently evaluating the impact of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 607.25 Td (In February 2015, the F) Tj ET Q q 0 0 0 rg BT 166.46 607.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 215.37 607.25 Td (ASU No. 2015-02 ) Tj ET Q q 0 0 0 rg BT 290.37 607.25 Td (Amendments to the Consolidation ) Tj ET Q q 0 0 0 rg BT 429.25 607.25 Td (Analysis \(ASU 2015-02\). ) Tj ET Q q 0 0 0 rg BT 533.70 607.25 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (No. 2015-02 amends the guidance within ) Tj ET Q q 0 0 0 rg BT 216.91 595.25 Td (Accounting Standards Codification \(ASC\) ) Tj ET Q q 0 0 0 rg BT 388.93 595.25 Td (T) Tj ET Q q 0 0 0 rg BT 394.34 595.25 Td (opic 810, "Consolidation, to change the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.25 Td (analysis that a reporting entity must perform to determine whether it should consolidate certain legal entities. ) Tj ET Q q 0 0 0 rg BT 488.31 583.25 Td (The Company is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (required to adopt ) Tj ET Q q 0 0 0 rg BT 120.26 571.25 Td (ASU No. 2015-02 for fiscal years, and for interim periods within those fiscal years, beginning after December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (15, 2015. ) Tj ET Q q 0 0 0 rg BT 89.82 559.25 Td (The Company believes the adoption of ) Tj ET Q q 0 0 0 rg BT 247.01 559.25 Td (ASU No. 2015-02 will not have an impact on its financial results and will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (only impact the content of the current disclosure. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 526.25 Td (In ) Tj ET Q q 0 0 0 rg BT 82.78 526.25 Td (April 2015, the F) Tj ET Q q 0 0 0 rg BT 150.92 526.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 199.82 526.25 Td (ASU No. 2015-03 Simplifying the Presentation of Debt Issuance Costs \(ASU 2015-03\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (ASU No. 2015-03 amends the guidance within ) Tj ET Q q 0 0 0 rg BT 239.42 514.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 261.19 514.25 Td (T) Tj ET Q q 0 0 0 rg BT 266.60 514.25 Td (opic 835, "Interest) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 340.39 514.25 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.58 514.25 Td (, to require that debt issuance costs related to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability) Tj ET Q q 0 0 0 rg BT 551.95 502.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (consistent with debt premiums and discounts. In ) Tj ET Q q 0 0 0 rg BT 244.98 490.25 Td (August 2015, the F) Tj ET Q q 0 0 0 rg BT 320.91 490.25 Td (ASB further clarified their views on debt costs incurred in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (connection with a line of credit arrangement by issuing ) Tj ET Q q 0 0 0 rg BT 272.44 478.25 Td (ASU No. 2015-15 Presentation and Subsequent Measurement of Debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (Issuance Costs ) Tj ET Q q 0 0 0 rg BT 111.11 466.25 Td (Associated with Line-of-Credit ) Tj ET Q q 0 0 0 rg BT 238.02 466.25 Td (Arrangements \(ASU 2015-15\). ) Tj ET Q q 0 0 0 rg BT 364.11 466.25 Td (ASU No. 2015-15 amends the guidance within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (ASC ) Tj ET Q q 0 0 0 rg BT 71.77 454.25 Td (T) Tj ET Q q 0 0 0 rg BT 77.18 454.25 Td (opic 835, Interest, to allow an entity to defer and present debt issuance costs associated with a line of credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (arrangement as an asset, regardless of whether there are any outstanding borrowings on the line of credit arrangement. ) Tj ET Q q 0 0 0 rg BT 525.20 442.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (Company plans to adopt both ) Tj ET Q q 0 0 0 rg BT 169.72 430.25 Td (ASUs for fiscal years beginning after December 15, 2015 and for interim periods therein, on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (retrospective basis. Upon adoption, the Company will reclassify debt issuance costs, other than debt issuance costs related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (line of credit arrangements, from other assets to debt on the balance sheet. ) Tj ET Q q 0 0 0 rg BT 348.88 406.25 Td (The Company intends to continue to classify debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (issuance costs related to the line of credit arrangements as an asset, regardless of whether it has any outstanding borrowings on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (the line of credit arrangements. ) Tj ET Q q 0 0 0 rg BT 176.62 382.25 Td (At December 31, 2015, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.74 382.25 Td ($20.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.63 382.25 Td ( of debt issuance costs, which includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td ($2.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 370.25 Td ( of debt issuance costs related to line of credit arrangements, recorded as assets on the consolidated balance sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 349.25 Td (In September 2015, the F) Tj ET Q q 0 0 0 rg BT 173.13 349.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 222.03 349.25 Td (ASU No. 2015-16 Business Combinations \(T) Tj ET Q q 0 0 0 rg BT 403.00 349.25 Td (opic 805\): Simplifying the ) Tj ET Q q 0 0 0 rg BT 510.78 349.25 Td (Accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (for Measurement-Period ) Tj ET Q q 0 0 0 rg BT 149.97 337.25 Td (Adjustments \(ASU No. 2015-16\). ) Tj ET Q q 0 0 0 rg BT 287.19 337.25 Td (ASU No. 2015-16 eliminates the requirement for an acquirer in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td (business combination to account for measurement-period adjustments retrospectively) Tj ET Q q 0 0 0 rg BT 390.64 325.25 Td (. ) Tj ET Q q 0 0 0 rg BT 395.09 325.25 Td (Acquirers must recognize measurement-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (period adjustments during the period in which they determine the amounts. ) Tj ET Q q 0 0 0 rg BT 352.53 313.25 Td (This would include any amounts they would have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (recorded in previous periods if the accounting had been completed at the acquisition date. ) Tj ET Q q 0 0 0 rg BT 411.08 301.25 Td (The Company is required to adopt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (ASU 2015-16 for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 139.80 277.25 Td (The Company does not anticipate any material impacts upon adopting this standard in 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 256.25 Td (In November 2015, the F) Tj ET Q q 0 0 0 rg BT 172.57 256.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 221.47 256.25 Td (ASU No. 2015-17 Income ) Tj ET Q q 0 0 0 rg BT 329.34 256.25 Td (T) Tj ET Q q 0 0 0 rg BT 334.75 256.25 Td (axes \(T) Tj ET Q q 0 0 0 rg BT 363.75 256.25 Td (opic 740\): Balance Sheet Classification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 87.85 244.25 Td (T) Tj ET Q q 0 0 0 rg BT 93.26 244.25 Td (axes \(ASU No. 2015-17\). ) Tj ET Q q 0 0 0 rg BT 197.69 244.25 Td (ASU No. 2015-17 eliminates the requirement for a Company to separate deferred income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (tax liabilities and assets into current and noncurrent amounts on a classified statement of financial position and requires that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (deferred tax liabilities and assets be classified as noncurrent. ) Tj ET Q q 0 0 0 rg BT 294.17 220.25 Td (The Company is required to adopt ) Tj ET Q q 0 0 0 rg BT 433.04 220.25 Td (ASU 2015-17 for fiscal years, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (and for interim periods within those fiscal years, beginning after December 15, 2016 on either a retrospective or prospective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (basis. Early adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 188.96 196.25 Td (The Company is currently evaluating the timing and basis of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 175.25 Td (In January 2016, the F) Tj ET Q q 0 0 0 rg BT 161.46 175.25 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 210.37 175.25 Td (ASU No. 2016-01 Financial Instruments-Overall \(Subtopic 825-10\): Recognition and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.25 Td (Measurement of Financial ) Tj ET Q q 0 0 0 rg BT 156.91 163.25 Td (Assets and Financial Liabilities \(ASU No. 2016-01\). ) Tj ET Q q 0 0 0 rg BT 369.39 163.25 Td (ASU No. 2016-01 enhances the existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.25 Td (financial instruments reporting model by modifying fair value measurement tools, simplifying impairment assessments for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.25 Td (certain equity instruments, and modifying overall presentation and disclosure requirements. ) Tj ET Q q 0 0 0 rg BT 418.61 139.25 Td (The Company is required to adopt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.25 Td (ASU 2016-01 for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017 on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.25 Td (prospective basis. ) Tj ET Q q 0 0 0 rg BT 123.41 115.25 Td (The Company is currently evaluating the impact of adoption. ) Tj ET Q endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 84.71 742.25 Td (Accounting Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 132.21 721.25 Td (s financial statements are based on the selection and application of significant accounting policies, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (require management to make significant estimates and assumptions. Management believes that the following are some of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (more critical judgment areas in the application of accounting policies that currently af) Tj ET Q q 0 0 0 rg BT 393.02 697.25 Td (fect the Company) Tj ET Q q 0 0 0 rg BT 466.89 697.25 Td (s financial condition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (and results of operations. Management has discussed the development and selection of these critical accounting estimates with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.17 673.25 Td (Audit Committee of the Board of Directors.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 652.25 Td (Allowance for Cr) Tj ET Q q 0 0 0 rg BT 141.57 652.25 Td (edit Losses on Finance Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.75 652.25 Td ( ) Tj ET Q q 0 0 0 rg BT 293.57 652.25 Td (The allowance for uncollectible accounts is maintained at a level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.25 Td (management believes is adequate to cover the losses of principal in the existing finance receivables portfolio. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 619.25 Td (The retail portfolio consists of a lar) Tj ET Q q 0 0 0 rg BT 213.39 619.25 Td (ge number of small balance, homogeneous finance receivables. ) Tj ET Q q 0 0 0 rg BT 468.66 619.25 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (performs a periodic and systematic collective evaluation of the adequacy of the retail allowance. ) Tj ET Q q 0 0 0 rg BT 437.71 607.25 Td (The Company utilizes loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (forecast models which consider a variety of factors including, but not limited to, historical loss trends, origination or vintage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.25 Td (analysis, known and inherent risks in the portfolio, the value of the underlying collateral, recovery rates and current economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (conditions including items such as unemployment rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 550.25 Td (The wholesale portfolio is primarily composed of lar) Tj ET Q q 0 0 0 rg BT 283.65 550.25 Td (ge balance, non-homogeneous finance receivables. ) Tj ET Q q 0 0 0 rg BT 489.21 550.25 Td (The Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (wholesale allowance evaluation is first based on a loan-by-loan review) Tj ET Q q 0 0 0 rg BT 332.30 538.25 Td (. ) Tj ET Q q 0 0 0 rg BT 336.75 538.25 Td (A) Tj ET Q q 0 0 0 rg BT 343.42 538.25 Td ( specific allowance is established for wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (finance receivables determined to be individually impaired when management concludes that the borrower will not be able to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (make full payment of contractual amounts due based on the original terms of the loan agreement. ) Tj ET Q q 0 0 0 rg BT 441.08 514.25 Td (The impairment is determined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (based on the cash that the Company expects to receive discounted at the loan) Tj ET Q q 0 0 0 rg BT 360.73 502.25 Td (s original interest rate or the fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (collateral, if the loan is collateral-dependent. In establishing the allowance, management considers a number of factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (including the specific borrower) Tj ET Q q 0 0 0 rg BT 175.61 478.25 Td () Tj ET Q q 0 0 0 rg BT 178.38 478.25 Td (s financial performance as well as ability to repay) Tj ET Q q 0 0 0 rg BT 376.54 478.25 Td (. Finance receivables in the wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (portfolio that are not individually evaluated for impairment are segregated, based on similar risk characteristics, according to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 454.25 Td (s internal risk rating system and collectively evaluated for impairment. ) Tj ET Q q 0 0 0 rg BT 391.39 454.25 Td (The related allowance is based on factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (such as the Company) Tj ET Q q 0 0 0 rg BT 138.04 442.25 Td (s past loan loss experience, current economic conditions as well as the value of the underlying collateral.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 421.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 82.13 421.25 Td (oduct W) Tj ET Q q 0 0 0 rg BT 114.26 421.25 Td (arranty) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.26 421.25 Td ( Estimated warranty costs are reserved for motorcycles, motorcycle parts and motorcycle accessories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.25 Td (at the time of sale. ) Tj ET Q q 0 0 0 rg BT 125.90 409.25 Td (The warranty reserve is based upon historical Company claim data used in combination with other known ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (factors that may af) Tj ET Q q 0 0 0 rg BT 124.51 397.25 Td (fect future warranty claims. ) Tj ET Q q 0 0 0 rg BT 237.33 397.25 Td (The Company updates its warranty estimates quarterly to ensure that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (warranty reserves are based on the most current information available.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 364.25 Td (The Company believes that past claim experience is indicative of future claims; however) Tj ET Q q 0 0 0 rg BT 427.53 364.25 Td (, the factors af) Tj ET Q q 0 0 0 rg BT 484.54 364.25 Td (fecting actual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (claims can be volatile. ) Tj ET Q q 0 0 0 rg BT 141.36 352.25 Td (As a result, actual claims experience may dif) Tj ET Q q 0 0 0 rg BT 320.55 352.25 Td (fer from estimated which could lead to material changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 340.25 Td (s warranty provision and related reserves. ) Tj ET Q q 0 0 0 rg BT 275.31 340.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 335.02 340.25 Td (s warranty liability is discussed further in Note 1 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (Notes to Consolidated Financial Statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 307.25 Td (Pensions and Other Postr) Tj ET Q q 0 0 0 rg BT 175.74 307.25 Td (etir) Tj ET Q q 0 0 0 rg BT 189.25 307.25 Td (ement Healthcar) Tj ET Q q 0 0 0 rg BT 255.81 307.25 Td (e Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.96 307.25 Td ( ) Tj ET Q q 0 0 0 rg BT 304.78 307.25 Td (The Company has a defined benefit pension plan and several ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (postretirement healthcare benefit plans, which cover employees of the Motorcycles segment. ) Tj ET Q q 0 0 0 rg BT 423.30 295.25 Td (The Company also has unfunded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (supplemental employee retirement plan agreements \(SERP) Tj ET Q q 0 0 0 rg BT 284.84 283.25 Td (A\) with certain employees which were instituted to replace benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (lost under the ) Tj ET Q q 0 0 0 rg BT 106.75 271.25 Td (T) Tj ET Q q 0 0 0 rg BT 112.16 271.25 Td (ax Revenue Reconciliation ) Tj ET Q q 0 0 0 rg BT 221.85 271.25 Td (Act of 1993.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 250.25 Td (U.S. GAAP) Tj ET Q q 0 0 0 rg BT 119.64 250.25 Td ( requires that companies recognize in their statement of financial position a liability for defined benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (pension and postretirement plans that are underfunded or an asset for defined benefit pension and postretirement benefit plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (that are overfunded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 205.25 Td (Pension, SERP) Tj ET Q q 0 0 0 rg BT 132.15 205.25 Td (A) Tj ET Q q 0 0 0 rg BT 138.82 205.25 Td ( and postretirement healthcare obligations and costs are calculated through actuarial valuations. ) Tj ET Q q 0 0 0 rg BT 522.67 205.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (valuation of benefit obligations and net periodic benefit costs relies on key assumptions including discount rates, mortality) Tj ET Q q 0 0 0 rg BT 539.52 193.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (long-term expected return on plan assets, future compensation and healthcare cost trend rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.25 Td (The Company determines its discount rate assumptions by referencing high-quality long-term bond rates that are matched to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (the duration of its own benefit obligations. Based on this analysis, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.46 148.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.21 148.25 Td ( the weighted-average discount rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.25 Td (for pension and SERP) Tj ET Q q 0 0 0 rg BT 137.69 136.25 Td (A) Tj ET Q q 0 0 0 rg BT 144.36 136.25 Td ( obligations from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.74 136.25 Td (4.21%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.57 136.25 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.32 136.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.32 136.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.09 136.25 Td (4.53%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.92 136.25 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.67 136.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.67 136.25 Td (. ) Tj ET Q q 0 0 0 rg BT 490.49 136.25 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 124.25 Td ( the weighted-average discount rate for postretirement healthcare obligations from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.29 124.25 Td (3.99%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.12 124.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.90 124.25 Td (4.29%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.73 124.25 Td (. ) Tj ET Q q 0 0 0 rg BT 488.55 124.25 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.25 Td (determines its healthcare trend assumption for the postretirement healthcare obligation by considering factors such as estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.25 Td (healthcare inflation, the utilization of healthcare benefits and changes in the health of plan participants. Based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.25 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 88.25 Td (s assessment of this data as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.17 88.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.17 88.25 Td (, the Company set its healthcare cost trend rate at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.27 88.25 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.10 88.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.58 76.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 76.25 Td (. ) Tj ET Q q 0 0 0 rg BT 133.40 76.25 Td (The Company expects the healthcare cost trend rate to reach its ultimate rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.71 76.25 Td (5.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.54 76.25 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.54 76.25 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.54 76.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 511.04 80.78 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.62 76.25 Td ( ) Tj ET Q q 0 0 0 rg BT 520.94 76.25 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.25 Td (assumption changes were reflected immediately in the benefit obligation and will be amortized into net periodic benefit costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.25 Td (over future periods.) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 742.10 Td (Plan assets are measured at fair value and are subject to market volatility) Tj ET Q q 0 0 0 rg BT 362.85 742.10 Td (. In estimating the expected return on plan assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the Company considers the historical returns on plan assets, adjusted to reflect the current view of the long-term investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (market.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 697.10 Td (Changes in the funded status of defined benefit pension and postretirement benefit plans resulting from the dif) Tj ET Q q 0 0 0 rg BT 513.32 697.10 Td (ference ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (between assumptions and actual results are initially recognized in other comprehensive income and amortized to expense over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (future periods. ) Tj ET Q q 0 0 0 rg BT 110.63 673.10 Td (The following information is provided to illustrate the sensitivity of pension and postretirement healthcare ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (obligations and costs to changes in these major assumptions \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 352.18 661.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 605.60 199.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 605.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 605.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 605.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 605.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 605.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 605.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 605.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 605.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 575.60 199.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 575.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 575.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 575.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 575.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 575.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 575.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 575.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 575.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 545.60 199.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 545.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 253.50 545.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 545.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 545.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 545.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 545.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 545.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 545.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 605.6 m 327.5 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 605.6 m 405.5 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 605.6 m 483.5 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 605.6 m 562.5 605.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.65 625.83 Td (Amountsbased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.95 617.83 Td (on curr) Tj ET Q q 0 0 0 rg BT 297.36 617.83 Td (ent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.85 609.83 Td (assumptions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.40 625.83 Td (Impactofa1%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.70 617.83 Td (decr) Tj ET Q q 0 0 0 rg BT 357.66 617.83 Td (ease in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.65 609.83 Td (discount rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.40 633.68 Td (Impactofa1%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.70 625.68 Td (decr) Tj ET Q q 0 0 0 rg BT 435.66 625.68 Td (ease in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.10 617.68 Td (expected) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.95 609.68 Td (r) Tj ET Q q 0 0 0 rg BT 422.36 609.68 Td (eturnonassets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.90 633.68 Td (Impactofa1%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.90 625.68 Td (incr) Tj ET Q q 0 0 0 rg BT 513.53 625.68 Td (easeinthe) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.55 617.68 Td (healthcar) Tj ET Q q 0 0 0 rg BT 538.84 617.68 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.65 609.68 Td (cost tr) Tj ET Q q 0 0 0 rg BT 521.05 609.68 Td (end rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 595.27 Td (2015 Net periodic benefit costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 580.27 Td (Pension and SERPA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 580.27 Td (48,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 580.27 Td (31,689) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 580.27 Td (18,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 580.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 565.27 Td (Postretirement healthcare) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 565.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 565.27 Td (12,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 565.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 565.27 Td (1,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 565.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 565.27 Td (1,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 565.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 565.27 Td (1,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 550.27 Td (2015 Benefit obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 535.27 Td (Pension and SERPA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 535.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.65 535.27 Td (2,009,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 535.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 535.27 Td (341,242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.75 535.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 535.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 520.27 Td (Postretirement healthcare) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.15 520.27 Td (354,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 520.27 Td (30,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.75 520.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 520.27 Td (12,211) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 495.10 Td (This information should not be viewed as predictive of future amounts. ) Tj ET Q q 0 0 0 rg BT 359.48 495.10 Td (The analysis of the impact of a 1% change in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.10 Td (table above does not take into account the cost related to special termination benefits. ) Tj ET Q q 0 0 0 rg BT 393.87 483.10 Td (The calculation of pension, SERP) Tj ET Q q 0 0 0 rg BT 528.20 483.10 Td (A) Tj ET Q q 0 0 0 rg BT 534.87 483.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.10 Td (postretirement healthcare obligations and costs is based on many factors in addition to those discussed here. ) Tj ET Q q 0 0 0 rg BT 483.88 471.10 Td (This information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.10 Td (should be considered in combination with the information provided in Note 13 of Notes to Consolidated Financial Statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 438.10 Td (Stock Compensation Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.17 438.10 Td ( ) Tj ET Q q 0 0 0 rg BT 188.98 438.10 Td (The total cost of the Company) Tj ET Q q 0 0 0 rg BT 313.13 438.10 Td (s share-based equity awards is equal to the grant date fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (value per award multiplied by the number of awards granted \(adjusted for forfeitures\). ) Tj ET Q q 0 0 0 rg BT 397.47 426.10 Td (This cost is recognized as expense on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (straight-line basis over the service periods of the awards. Forfeitures are initially estimated based on historical Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (information and subsequently updated over the life of the awards to ultimately reflect actual forfeitures. ) Tj ET Q q 0 0 0 rg BT 466.52 402.10 Td (As a result, changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.10 Td (forfeiture activity can influence the amount of stock compensation cost recognized from period to period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 369.10 Td (The Company estimates the fair value of option awards as of the grant date using a lattice-based option valuation model ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (which utilizes ranges of assumptions over the expected term of the options, including stock price volatility) Tj ET Q q 0 0 0 rg BT 475.36 357.10 Td (, dividend yield and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (risk-free interest rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 324.10 Td (The valuation model uses historical data to estimate option exercise behavior and employee terminations. ) Tj ET Q q 0 0 0 rg BT 496.36 324.10 Td (The expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.10 Td (term of options granted is derived from the output of the option valuation model and represents the average period of time that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.10 Td (options granted are expected to be outstanding.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 279.10 Td (The Company uses implied volatility to determine the expected volatility of its stock. ) Tj ET Q q 0 0 0 rg BT 416.14 279.10 Td (The implied volatility is derived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (from options that are actively traded and the market prices of both the traded options and underlying shares are measured at a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (similar point in time to each other and on a date reasonably close to the grant date of the employee stock options. In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (the traded options have exercise prices that are both \(a\)near) Tj ET Q q 0 0 0 rg BT 290.24 243.10 Td (-the-money and \(b\)close to the exercise price of the employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (stock options. Finally) Tj ET Q q 0 0 0 rg BT 135.74 231.10 Td (, the remaining maturities of the traded options on which the estimate is based are at least one year) Tj ET Q q 0 0 0 rg BT 529.23 231.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 210.10 Td (Dividend yield was based on the Company) Tj ET Q q 0 0 0 rg BT 246.91 210.10 Td (s expected dividend payments and the risk-free rate was based on the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 198.10 Td (reasury yield curve in ef) Tj ET Q q 0 0 0 rg BT 152.75 198.10 Td (fect at the time of grant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 177.10 Td (Changes in the valuation assumptions could result in a significant change to the cost of an individual option. However) Tj ET Q q 0 0 0 rg BT 544.50 177.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.10 Td (total cost of an award is also a function of the number of awards granted, and as result, the Company has the ability to control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.10 Td (the cost of its equity awards by adjusting the number of awards granted.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 132.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 109.07 132.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.84 132.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.66 132.10 Td (The Company accounts for income taxes in accordance with ) Tj ET Q q 0 0 0 rg BT 380.19 132.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 401.96 132.10 Td (T) Tj ET Q q 0 0 0 rg BT 407.37 132.10 Td (opic 740, Income ) Tj ET Q q 0 0 0 rg BT 483.83 132.10 Td (T) Tj ET Q q 0 0 0 rg BT 489.24 132.10 Td (axes. Deferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (tax assets and liabilities are recognized for the future tax consequences attributable to dif) Tj ET Q q 0 0 0 rg BT 404.96 120.10 Td (ferences between financial statement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.10 Td (carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and other loss carry-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (years in which those temporary dif) Tj ET Q q 0 0 0 rg BT 188.95 84.10 Td (ferences are expected to be recovered or settled.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 63.10 Td (The Company is subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgment is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.10 Td (required in determining the Company) Tj ET Q q 0 0 0 rg BT 203.30 51.10 Td (s worldwide provision for income taxes and recording the related deferred tax assets and ) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (liabilities. In the ordinary course of the Company) Tj ET Q q 0 0 0 rg BT 249.95 742.10 Td (s business, there are transactions and calculations where the ultimate tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (determination is uncertain. ) Tj ET Q q 0 0 0 rg BT 158.86 730.10 Td (Accruals for unrecognized tax benefits are provided for in accordance with the requirements of ) Tj ET Q q 0 0 0 rg BT 540.92 730.10 Td (ASC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 718.10 Td (opic 740. ) Tj ET Q q 0 0 0 rg BT 94.58 718.10 Td (An unrecognized tax benefit represents the dif) Tj ET Q q 0 0 0 rg BT 279.32 718.10 Td (ference between the recognition of benefits related to items for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (income tax reporting purposes and financial reporting purposes. ) Tj ET Q q 0 0 0 rg BT 307.80 706.10 Td (The unrecognized tax benefit is included within other long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (term liabilities in the Consolidated Balance Sheets. ) Tj ET Q q 0 0 0 rg BT 256.44 694.10 Td (The Company has a reserve for interest and penalties on exposure items, if ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (applicable, which is recorded as a component of the overall income tax provision. ) Tj ET Q q 0 0 0 rg BT 379.43 682.10 Td (The Company is regularly audited by tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (authorities as a normal course of business. ) Tj ET Q q 0 0 0 rg BT 221.07 670.10 Td (Although the outcome of tax audits is always uncertain, management believes that it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (has appropriate support for the positions taken on its tax returns and that its annual tax provision includes amounts suf) Tj ET Q q 0 0 0 rg BT 522.23 658.10 Td (ficient to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (pay any assessments. Nonetheless, the amounts ultimately paid, if any) Tj ET Q q 0 0 0 rg BT 329.85 646.10 Td (, upon resolution of the issues raised by the taxing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (authorities may dif) Tj ET Q q 0 0 0 rg BT 125.36 634.10 Td (fer materially from the amounts accrued for each year) Tj ET Q q 0 0 0 rg BT 340.25 634.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (Contractual Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 592.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.67 592.10 Td ( summary of the Company) Tj ET Q q 0 0 0 rg BT 190.10 592.10 Td (s expected payments for significant contractual obligations as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.74 592.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.33 592.10 Td ( is as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.22 580.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 557.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 557.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 557.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 557.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 557.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 557.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 527.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 527.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 527.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 527.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 527.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 527.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 557.6 m 279.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 557.6 m 349.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 557.6 m 420.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 557.6 m 491.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 557.6 m 562.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 512.6 m 279.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 512.6 m 349.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 512.6 m 420.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 512.6 m 491.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 512.6 m 562.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 498.6 m 279.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 496.6 m 279.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 512.6 m 349.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 498.6 m 349.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 496.6 m 349.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 512.6 m 420.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 498.6 m 420.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 496.6 m 420.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 512.6 m 491.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 498.6 m 491.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 496.6 m 491.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 512.6 m 562.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 498.6 m 562.5 498.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 496.6 m 562.5 496.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 237.50 561.68 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.65 561.68 Td (2017 - 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.15 561.68 Td (2019 - 2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.20 561.68 Td (Thereafter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.75 561.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 547.27 Td (Principal payments on debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 547.27 Td (2,045,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 547.27 Td (2,481,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 547.27 Td (1,617,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 547.27 Td (746,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 547.27 Td (6,890,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 532.27 Td (Interest payments on debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 532.27 Td (159,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 532.27 Td (236,972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 532.27 Td (89,193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 532.27 Td (425,625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 532.27 Td (910,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 517.27 Td (Operating lease payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 517.27 Td (13,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 517.27 Td (17,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 517.27 Td (11,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 517.27 Td (13,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 517.27 Td (55,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 502.27 Td (2,217,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 502.27 Td (2,735,212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 502.27 Td (1,718,111) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 502.27 Td (1,185,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 502.27 Td (7,856,735) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 477.10 Td (Interest for floating rate instruments assumes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.73 477.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.31 477.10 Td ( rates remain constant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 456.10 Td (As of December 31, 2015, the Company generally had no significant purchase obligations, other than those created in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (ordinary course of business. Purchase orders issued for inventory and supplies used in product manufacturing generally do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (become firm commitments until 90 days prior to expected delivery and can be modified to a certain extent until 30 days prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.10 Td (expected delivery) Tj ET Q q 0 0 0 rg BT 120.15 420.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 399.10 Td (The Company has long-term obligations related to its pension, SERP) Tj ET Q q 0 0 0 rg BT 349.16 399.10 Td (A) Tj ET Q q 0 0 0 rg BT 355.83 399.10 Td ( and postretirement healthcare plans at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 387.10 Td (. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.41 387.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.41 387.10 Td (, the Company contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.56 387.10 Td ($28.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.45 387.10 Td ( to its pension, SERP) Tj ET Q q 0 0 0 rg BT 431.27 387.10 Td (A) Tj ET Q q 0 0 0 rg BT 437.94 387.10 Td ( and postretirement healthcare ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.10 Td (plans. No additional contributions were required during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.95 375.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.95 375.10 Td ( beyond current benefit payments for SERP) Tj ET Q q 0 0 0 rg BT 468.43 375.10 Td (A) Tj ET Q q 0 0 0 rg BT 475.10 375.10 Td ( and postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td (healthcare plans. In January 2016, the Company voluntarily contributed $25 million to its qualified pension plan to further fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.10 Td (its pension plan and the Company expects that no additional qualified plan contributions will be required in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.41 351.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.41 351.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 504.91 355.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.48 351.10 Td ( ) Tj ET Q q 0 0 0 rg BT 514.43 351.10 Td (Also, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.10 Td (Company expects it will continue to make on-going contributions related to current benefit payments for SERP) Tj ET Q q 0 0 0 rg BT 494.26 339.10 Td (A) Tj ET Q q 0 0 0 rg BT 500.93 339.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (postretirement healthcare plans.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 177.45 331.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.02 327.10 Td ( ) Tj ET Q q 0 0 0 rg BT 187.34 327.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 247.06 327.10 Td (s expected future contributions to these plans are provided in Note 13 of Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (to Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 294.10 Td (As described in Note 12 of Notes to Consolidated Financial Statements, the Company has unrecognized tax benefits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td ($73.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 282.10 Td ( and accrued interest and penalties of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.66 282.10 Td ($28.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.55 282.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.71 282.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.29 282.10 Td (. However) Tj ET Q q 0 0 0 rg BT 452.54 282.10 Td (, the Company cannot ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (make a reasonably reliable estimate for the period of cash settlement for either the liability for unrecognized tax benefits or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (accrued interest and penalties.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 237.10 Td (Commitments and Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 216.10 Td (The Company is subject to lawsuits and other claims related to environmental, product and other matters. In determining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (required reserves related to these items, the Company carefully analyzes cases and considers the likelihood of adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (judgments or outcomes, as well as the potential range of possible loss. ) Tj ET Q q 0 0 0 rg BT 333.10 192.10 Td (The required reserves are monitored on an ongoing basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (and are updated based on new developments or new information in each matter) Tj ET Q q 0 0 0 rg BT 366.56 180.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (Envir) Tj ET Q q 0 0 0 rg BT 71.85 159.10 Td (onmental Pr) Tj ET Q q 0 0 0 rg BT 121.19 159.10 Td (otection ) Tj ET Q q 0 0 0 rg BT 155.72 159.10 Td (Agency Notice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 138.10 Td (In December 2009, the Company received formal, written requests for information from the United States Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 93.05 126.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 140.73 126.10 Td (A\) regarding: \(i\)certificates of conformity for motorcycle emissions and related designations and labels, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (\(ii\)aftermarket parts, and \(iii\)warranty claims on emissions related components. ) Tj ET Q q 0 0 0 rg BT 376.10 114.10 Td (The Company promptly submitted written ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td (responses to the EP) Tj ET Q q 0 0 0 rg BT 127.13 102.10 Td (A) Tj ET Q q 0 0 0 rg BT 133.24 102.10 Td () Tj ET Q q 0 0 0 rg BT 136.02 102.10 Td (s inquiry and has engaged in discussions with the EP) Tj ET Q q 0 0 0 rg BT 346.47 102.10 Td (A. Since that time, the EP) Tj ET Q q 0 0 0 rg BT 449.15 102.10 Td (A) Tj ET Q q 0 0 0 rg BT 455.82 102.10 Td ( has delivered various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (additional requests for information to which the Company has responded. It is probable that a result of the EP) Tj ET Q q 0 0 0 rg BT 487.59 90.10 Td (A) Tj ET Q q 0 0 0 rg BT 493.71 90.10 Td () Tj ET Q q 0 0 0 rg BT 496.48 90.10 Td (s investigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (will be some form of enforcement action by the EP) Tj ET Q q 0 0 0 rg BT 253.75 78.10 Td (A) Tj ET Q q 0 0 0 rg BT 260.42 78.10 Td ( that will seek a fine and/or other relief. ) Tj ET Q q 0 0 0 rg BT 420.73 78.10 Td (The Company has a reserve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (associated with this matter which is included in accrued liabilities in the Consolidated Balance Sheet. However) Tj ET Q q 0 0 0 rg BT 493.92 66.10 Td (, given the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (uncertainty that still exists concerning the resolution of this matter) Tj ET Q q 0 0 0 rg BT 314.81 54.10 Td (, there is a possibility that the actual loss incurred may be ) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (materially dif) Tj ET Q q 0 0 0 rg BT 103.96 742.10 Td (ferent than the Company) Tj ET Q q 0 0 0 rg BT 205.88 742.10 Td (s current reserve. ) Tj ET Q q 0 0 0 rg BT 276.40 742.10 Td (At this time, the Company cannot reasonably estimate the impact of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (any remedies the EP) Tj ET Q q 0 0 0 rg BT 131.00 730.10 Td (A) Tj ET Q q 0 0 0 rg BT 137.67 730.10 Td ( might seek beyond the Company's current reserve for this matter) Tj ET Q q 0 0 0 rg BT 398.44 730.10 Td (, if any) Tj ET Q q 0 0 0 rg BT 425.84 730.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Y) Tj ET Q q 0 0 0 rg BT 54.64 709.10 Td (ork Envir) Tj ET Q q 0 0 0 rg BT 92.32 709.10 Td (onmental Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 688.10 Td (The Company is involved with government agencies and groups of potentially responsible parties in various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.10 Td (environmental matters, including a matter involving the cleanup of soil and groundwater contamination at its ) Tj ET Q q 0 0 0 rg BT 487.85 676.10 Td (Y) Tj ET Q q 0 0 0 rg BT 494.07 676.10 Td (ork, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.10 Td (Pennsylvania facility) Tj ET Q q 0 0 0 rg BT 133.50 664.10 Td (. ) Tj ET Q q 0 0 0 rg BT 138.32 664.10 Td (The ) Tj ET Q q 0 0 0 rg BT 155.99 664.10 Td (Y) Tj ET Q q 0 0 0 rg BT 162.21 664.10 Td (ork facility was formerly used by the U.S. Navy and ) Tj ET Q q 0 0 0 rg BT 373.28 664.10 Td (AMF prior to the purchase of the ) Tj ET Q q 0 0 0 rg BT 507.60 664.10 Td (Y) Tj ET Q q 0 0 0 rg BT 513.82 664.10 Td (ork facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (by the Company from ) Tj ET Q q 0 0 0 rg BT 139.99 652.10 Td (AMF in 1981. ) Tj ET Q q 0 0 0 rg BT 198.89 652.10 Td (Although the Company is not certain as to the full extent of the environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.10 Td (contamination at the ) Tj ET Q q 0 0 0 rg BT 133.77 640.10 Td (Y) Tj ET Q q 0 0 0 rg BT 139.99 640.10 Td (ork facility) Tj ET Q q 0 0 0 rg BT 183.49 640.10 Td (, it has been working with the Pennsylvania Department of Environmental Protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (\(P) Tj ET Q q 0 0 0 rg BT 57.97 628.10 Td (ADEP\) since 1986 in undertaking environmental investigation and remediation activities, including an ongoing site-wide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (remedial investigation/feasibility study \(RI/FS\). In January 1995, the Company entered into a settlement agreement \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Agreement\) with the Navy) Tj ET Q q 0 0 0 rg BT 156.26 604.10 Td (, and the parties amended the ) Tj ET Q q 0 0 0 rg BT 274.83 604.10 Td (Agreement in 2013 to address ordnance and explosive waste. ) Tj ET Q q 0 0 0 rg BT 521.80 604.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (Agreement calls for the Navy and the Company to contribute amounts into a trust equal to 53% and 47%, respectively) Tj ET Q q 0 0 0 rg BT 522.00 592.10 Td (, of future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (costs associated with environmental investigation and remediation activities at the ) Tj ET Q q 0 0 0 rg BT 380.65 580.10 Td (Y) Tj ET Q q 0 0 0 rg BT 386.87 580.10 Td (ork facility \(Response Costs\). ) Tj ET Q q 0 0 0 rg BT 508.06 580.10 Td (The trust ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (administers the payment of the Response Costs incurred at the ) Tj ET Q q 0 0 0 rg BT 301.24 568.10 Td (Y) Tj ET Q q 0 0 0 rg BT 307.46 568.10 Td (ork facility as covered by the ) Tj ET Q q 0 0 0 rg BT 425.75 568.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 547.10 Td (The Company has a reserve for its estimate of its share of the future Response Costs at the ) Tj ET Q q 0 0 0 rg BT 435.92 547.10 Td (Y) Tj ET Q q 0 0 0 rg BT 442.14 547.10 Td (ork facility which is included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (in accrued liabilities in the Condensed Consolidated Balance Sheets.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 324.10 539.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.67 535.10 Td ( ) Tj ET Q q 0 0 0 rg BT 333.62 535.10 Td (As noted above, the RI/FS is still underway and given ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (the uncertainty that exists concerning the nature and scope of additional environmental investigation and remediation that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (ultimately be required under the RI/FS or otherwise at the ) Tj ET Q q 0 0 0 rg BT 283.46 511.10 Td (Y) Tj ET Q q 0 0 0 rg BT 289.68 511.10 Td (ork facility) Tj ET Q q 0 0 0 rg BT 333.18 511.10 Td (, the Company is unable to make a reasonable estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (of those additional costs, if any) Tj ET Q q 0 0 0 rg BT 174.33 499.10 Td (, that may result.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 478.10 Td (The estimate of the Company) Tj ET Q q 0 0 0 rg BT 193.58 478.10 Td (s future Response Costs that will be incurred at the ) Tj ET Q q 0 0 0 rg BT 399.28 478.10 Td (Y) Tj ET Q q 0 0 0 rg BT 405.50 478.10 Td (ork facility is based on reports of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (independent environmental consultants retained by the Company) Tj ET Q q 0 0 0 rg BT 309.28 466.10 Td (, the actual costs incurred to date and the estimated costs to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (complete the necessary investigation and remediation activities. Response Costs are expected to be paid primarily through 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (although certain Response Costs may continue for some time beyond 2017.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 421.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 421.10 Td (oduct Liability Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 400.10 Td (The Company is involved in product liability suits related to the operation of its business. ) Tj ET Q q 0 0 0 rg BT 432.82 400.10 Td (The Company accrues for claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (exposures that are probable of occurrence and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 353.57 388.10 Td (The Company also maintains insurance coverage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.10 Td (for product liability exposures. ) Tj ET Q q 0 0 0 rg BT 175.63 376.10 Td (The Company believes that its accruals and insurance coverage are adequate and that product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (liability suits will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 241.98 364.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 328.35 364.10 Td (s consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 469.98 368.63 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 184.10 343.10 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 309.78 343.10 Td (ces as of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.27 343.10 Td (December) Tj ET Q q 0 0 0 rg BT 390.40 343.10 Td (31, 2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.90 343.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 322.10 Td (Over the long-term, the Company expects that its business model will continue to generate cash that will allow it to invest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (in the business, fund future growth opportunities and return value to shareholders.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 377.98 314.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.56 310.10 Td ( ) Tj ET Q q 0 0 0 rg BT 387.88 310.10 Td (The Company believes the Motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (operations will continue to be primarily funded through cash flows generated by operations.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 417.96 302.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.54 298.10 Td ( ) Tj ET Q q 0 0 0 rg BT 427.86 298.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 487.57 298.10 Td (s Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Services operations have been funded with unsecured debt, unsecured commercial paper) Tj ET Q q 0 0 0 rg BT 403.63 286.10 Td (, asset-backed commercial paper ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (conduit facilities, committed unsecured bank facilities, term asset-backed securitizations and intercompany borrowings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 253.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 253.10 Td (s strategy is to maintain a minimum of twelve months of its projected liquidity needs through a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (combination of cash and marketable securities and availability under credit facilities. ) Tj ET Q q 0 0 0 rg BT 391.91 241.10 Td (The following table summarizes the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 229.10 Td (s cash and marketable securities and availability under credit facilities \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 198.60 404.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.75 198.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.75 198.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 168.60 404.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.75 168.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.75 168.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 138.60 404.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.75 138.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.75 138.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 108.60 404.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.75 108.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.75 108.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.75 78.60 404.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.75 78.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.75 78.60 79.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 198.60000000000002 m 539.75 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 198.60000000000002 m 539.75 198.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 168.60000000000002 m 539.75 168.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 93.60000000000002 m 539.75 93.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 78.60000000000002 m 539.75 78.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 64.60000000000002 m 539.75 64.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.75 62.60000000000002 m 539.75 62.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 55.25 202.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 210.68 Td (December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.75 202.68 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 188.27 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.25 188.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.40 188.27 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 173.27 Td (Current marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.40 173.27 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 158.27 Td (Total cash and cash equivalents and marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.40 158.27 Td (767,401) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 128.27 Td (Global credit facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.40 128.27 Td (148,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 113.27 Td (Asset-backed U.S. commercial paper conduit facility ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 269.62 117.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.40 113.27 Td (600,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 98.27 Td (Asset-backed Canadian commercial paper conduit facility ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 289.60 102.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.40 98.27 Td (19,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 83.27 Td (Total availability under credit facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.40 83.27 Td (767,811) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.25 68.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.25 68.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.90 68.27 Td (1,535,212) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 742.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 742.10 Td (The U.S. commercial paper conduit facility expires on December 14, 2016. ) Tj ET Q q 0 0 0 rg BT 380.33 742.10 Td (The Company anticipates that it will renew ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 730.10 Td (this facility prior to expiration.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 200.03 734.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 718.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 718.10 Td (The Canadian commercial paper conduit facility expires on June 30, 2016 and is limited to Canadian denominated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 706.10 Td (borrowings. ) Tj ET Q q 0 0 0 rg BT 127.37 706.10 Td (The Company anticipates that it will renew this facility prior to expiration.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 425.63 710.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.10 Td (The Company recognizes that it must continue to adjust its business to changes in the lending environment. ) Tj ET Q q 0 0 0 rg BT 504.46 685.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (intends to continue with a diversified funding profile through a combination of short-term and long-term funding vehicles and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (to pursue a variety of sources to obtain cost-ef) Tj ET Q q 0 0 0 rg BT 234.76 661.10 Td (fective funding. ) Tj ET Q q 0 0 0 rg BT 300.39 661.10 Td (The Financial Services operations could be negatively af) Tj ET Q q 0 0 0 rg BT 527.08 661.10 Td (fected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (by higher costs of funding and the increased dif) Tj ET Q q 0 0 0 rg BT 240.32 649.10 Td (ficulty of raising, or potential unsuccessful ef) Tj ET Q q 0 0 0 rg BT 421.48 649.10 Td (forts to raise, funding in the short-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (term and long-term capital markets.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 193.00 641.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.58 637.10 Td ( ) Tj ET Q q 0 0 0 rg BT 202.90 637.10 Td (These negative consequences could in turn adversely af) Tj ET Q q 0 0 0 rg BT 425.13 637.10 Td (fect the Company) Tj ET Q q 0 0 0 rg BT 499.00 637.10 Td (s business and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (results of operations in various ways, including through higher costs of capital, reduced funds available through its Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (Services operations to provide loans to independent dealers and their retail customers, and dilution to existing shareholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (through the use of alternative sources of capital.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (Cash Flow ) Tj ET Q q 0 0 0 rg BT 97.23 580.10 Td (Activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 559.10 Td (The following table summarizes the cash flow activity of continuing operations for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.05 559.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.63 559.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 547.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 547.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 547.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 171.66 547.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 524.60 267.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 524.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 524.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 524.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 494.60 267.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 494.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 494.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 494.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.60 267.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 464.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 464.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 464.60 78.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 524.6 m 398.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 524.6 m 480.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 524.6 m 562.5 524.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 464.6 m 398.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 464.6 m 480.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 464.6 m 562.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 450.6 m 398.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 448.6 m 398.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 464.6 m 480.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 450.6 m 480.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 448.6 m 480.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 464.6 m 562.5 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 450.6 m 562.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 448.6 m 562.5 448.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 528.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.00 528.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.00 528.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.27 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 514.27 Td (1,100,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 514.27 Td (1,146,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 514.27 Td (977,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 499.27 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 499.32 Td (\(915,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 499.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.80 499.32 Td (\(744,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 499.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 499.32 Td (\(568,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 499.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.27 Td (Net cash used by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 484.32 Td (\(354,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 484.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.80 484.32 Td (\(536,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 484.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 484.32 Td (\(393,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 484.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.27 Td (Effect of exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.80 469.32 Td (\(14,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 469.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 469.32 Td (\(25,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 469.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 469.32 Td (\(16,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 469.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.27 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 454.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 454.32 Td (\(184,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 454.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.00 454.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.80 454.32 Td (\(159,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 454.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 454.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 454.32 Td (\(1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 454.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 429.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 95.83 429.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 408.10 Td (The decrease in operating cash flow in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.88 408.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.88 408.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.58 408.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.58 408.10 Td ( was due primarily to lower net income and increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.10 Td (wholesale lending. ) Tj ET Q q 0 0 0 rg BT 126.93 396.10 Td (At the end of 2015, inventory was higher) Tj ET Q q 0 0 0 rg BT 290.94 396.10 Td (, as the Company increased its year) Tj ET Q q 0 0 0 rg BT 432.08 396.10 Td (-over) Tj ET Q q 0 0 0 rg BT 452.98 396.10 Td (-year fourth quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.10 Td (production to maximize manufacturing ef) Tj ET Q q 0 0 0 rg BT 216.43 384.10 Td (ficiencies and prepare for the 2016 first quarter shipments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 363.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 363.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.83 363.10 Td (, the Company contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.98 363.10 Td ($28.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.87 363.10 Td ( to its qualified pension, SERP) Tj ET Q q 0 0 0 rg BT 409.73 363.10 Td (A) Tj ET Q q 0 0 0 rg BT 416.40 363.10 Td ( and postretirement healthcare plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.10 Td (compared to $29.7 million in 2014. In January 2016, the Company voluntarily contributed $25 million to its qualified pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.10 Td (plan to further fund its pension plan, and the Company expects that no additional qualified plan contributions will be required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 327.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.28 327.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 82.78 331.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.36 327.10 Td ( ) Tj ET Q q 0 0 0 rg BT 92.68 327.10 Td (The Company also expects it will continue to make on-going contributions related to current benefit payments for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (SERP) Tj ET Q q 0 0 0 rg BT 72.98 315.10 Td (A) Tj ET Q q 0 0 0 rg BT 79.65 315.10 Td ( and postretirement healthcare plans. ) Tj ET Q q 0 0 0 rg BT 228.86 315.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 288.57 315.10 Td (s expected future contributions to these plans are provided in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (13 of Notes to Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 282.10 Td (The increase in operating cash flow in 2014 compared to 2013 was due primarily to increased earnings and favorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (changes in working capital and lower pension contributions, partially of) Tj ET Q q 0 0 0 rg BT 337.52 270.10 Td (fset by higher wholesale finance originations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 249.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 91.40 249.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 228.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 228.10 Td (s investing activities consist primarily of capital expenditures, net changes in retail finance receivables and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (short-term investment activity) Tj ET Q q 0 0 0 rg BT 169.88 216.10 Td (. Capital expenditures were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.78 216.10 Td ($260.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.67 216.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.67 216.10 Td ($232.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.57 216.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 216.10 Td ($208.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.90 216.10 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 216.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.00 216.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.00 216.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 216.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 204.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 204.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.60 204.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 183.10 Td (Net cash flows from finance receivables for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.42 183.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.42 183.10 Td (, which consisted primarily of retail finance receivables, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.48 183.10 Td ($59.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 171.10 Td ( lower than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.38 171.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.38 171.10 Td ( as a result of an increase in retail motorcycle loan originations during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.78 171.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.78 171.10 Td (. Net cash flows from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (finance receivables for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.55 159.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.55 159.10 Td (, which consisted primarily of retail finance receivables, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.62 159.10 Td ($143.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.51 159.10 Td ( lower than in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.27 159.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.27 159.10 Td ( as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.10 Td (a result of an increase in retail motorcycle loan originations during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.08 147.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.08 147.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 126.10 Td (Changes in the Company) Tj ET Q q 0 0 0 rg BT 177.60 126.10 Td (s investment in marketable securities resulted in cash inflows of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.87 126.10 Td ($1) Tj ET Q q 0 0 0 rg BT 445.49 126.10 Td (1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.39 126.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.39 126.10 Td ($41.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.28 126.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 114.10 Td ($35.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.83 114.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.61 114.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.61 114.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.61 114.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.61 114.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.05 114.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.05 114.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 270.71 114.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 93.10 Td (During 2015, the Company recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.35 93.10 Td ($59.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.24 93.10 Td ( cash outflow for the purchase of certain assets and liabilities from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.10 Td (Fred Deeley Imports, Ltd.) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 742.25 Td (Financing ) Tj ET Q q 0 0 0 rg BT 94.24 742.25 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 721.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.21 721.25 Td (s financing activities consist primarily of dividend payments, share repurchases and debt activity) Tj ET Q q 0 0 0 rg BT 519.40 721.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 700.25 Td (The Company paid dividends of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.87 700.25 Td ($1.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.37 700.25 Td ( per share totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.79 700.25 Td ($249.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.68 700.25 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.79 700.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.79 700.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.79 700.25 Td ($1.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.29 700.25 Td ( per share totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.71 700.25 Td ($238.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 688.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 688.25 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.50 688.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 688.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.94 688.25 Td ($0.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.44 688.25 Td ( per share totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.86 688.25 Td ($187.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.75 688.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.53 688.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.53 688.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 667.25 Td (Cash outflows from share repurchases were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.66 667.25 Td ($1.54 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.78 667.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.78 667.25 Td ($615.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.67 667.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.11 667.25 Td ($479.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 667.25 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.66 667.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.66 667.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.66 667.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.66 667.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.10 667.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.10 667.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 655.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 655.25 Td (. Share repurchases during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.74 655.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.74 655.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.74 655.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.74 655.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.17 655.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.17 655.25 Td ( included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.61 655.25 Td (28.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.50 655.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.50 655.25 Td (9.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.39 655.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.83 655.25 Td (8.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.72 655.25 Td ( shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 643.25 Td (common stock, respectively) Tj ET Q q 0 0 0 rg BT 160.76 643.25 Td (, related to discretionary share repurchases and shares of common stock that employees surrendered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 631.25 Td (to satisfy withholding taxes in connection with the vesting of restricted stock awards. In June 2015, the Company announced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 619.25 Td (that the Company's Board of Directors had authorized the Company to repurchase up to 15 million additional shares of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 607.25 Td (common stock. In total at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.92 607.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.51 607.25 Td (, the Company had Board-approved authorizations to repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.26 607.25 Td (9.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 607.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 595.25 Td (shares of its common stock. In February 2016, the Company's Board of Directors separately authorized the Company to buy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.25 Td (back up to an additional 20 million shares of its common stock with no dollar limit or expiration date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 562.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.21 562.25 Td (s total outstanding debt consisted of the following as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.07 562.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 562.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 562.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 562.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.09 562.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.09 562.25 Td ( \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 550.25 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 95.61 550.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 527.75 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.00 527.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.00 527.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 527.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 527.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 527.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 527.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 497.75 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.00 497.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.00 497.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 497.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 497.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 497.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 497.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 467.75 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.00 467.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.00 467.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 467.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.00 467.75 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 467.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 467.75 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323 527.75 m 400 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 527.75 m 481 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 527.75 m 562 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323 452.75 m 400 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323 438.75 m 400 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323 436.75 m 400 436.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 452.75 m 481 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 438.75 m 481 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 436.75 m 481 436.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 452.75 m 562 452.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 438.75 m 562 438.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 436.75 m 562 436.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 531.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.00 531.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.00 531.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 517.42 Td (Unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.50 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 517.42 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 517.42 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 517.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 517.42 Td (666,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 502.42 Td (Asset-backed Canadian commercial paper conduit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 502.42 Td (153,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 502.42 Td (166,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 502.42 Td (174,241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 487.42 Td (Medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 487.42 Td (3,325,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 487.42 Td (3,334,398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 487.42 Td (2,858,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 472.42 Td (Senior unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 472.42 Td (746,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 472.42 Td (303,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 457.42 Td (Term asset-backed securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 457.42 Td (1,463,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 457.42 Td (1,271,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 457.42 Td (1,256,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 442.42 Td (Total debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.50 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 442.42 Td (6,890,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 442.42 Td (5,504,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 442.42 Td (5,259,170) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 417.25 Td (T) Tj ET Q q 0 0 0 rg BT 78.91 417.25 Td (o access the debt capital markets, the Company relies on credit rating agencies to assign short-term and long-term credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.25 Td (ratings. Generally) Tj ET Q q 0 0 0 rg BT 120.49 405.25 Td (, lower credit ratings result in higher borrowing costs and reduced access to debt capital markets. ) Tj ET Q q 0 0 0 rg BT 509.81 405.25 Td (A) Tj ET Q q 0 0 0 rg BT 516.48 405.25 Td ( credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.25 Td (rating agency may change or withdraw the Company) Tj ET Q q 0 0 0 rg BT 264.15 393.25 Td (s ratings based on its assessment of the Company) Tj ET Q q 0 0 0 rg BT 464.13 393.25 Td (s current and future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.25 Td (ability to meet interest and principal repayment obligations. ) Tj ET Q q 0 0 0 rg BT 290.64 381.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 350.35 381.25 Td (s short-term debt ratings af) Tj ET Q q 0 0 0 rg BT 457.92 381.25 Td (fect its ability to issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.25 Td (unsecured commercial paper) Tj ET Q q 0 0 0 rg BT 163.89 369.25 Td (. ) Tj ET Q q 0 0 0 rg BT 168.71 369.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 228.42 369.25 Td (s short- and long-term debt ratings as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.61 369.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.19 369.25 Td ( were as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.23 369.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 346.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.00 346.75 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.00 346.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.00 346.75 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.00 346.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 346.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 346.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 316.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.00 316.75 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.00 316.75 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.00 316.75 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.00 316.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 316.75 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.00 316.75 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 346.75 m 357 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377 346.75 m 452 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487 346.75 m 563 346.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 350.70 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.50 350.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.40 350.83 Td (Short-Term) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.50 350.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.55 350.83 Td (Long-Term) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.50 350.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.45 350.83 Td (Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 336.42 Td (Moodys) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.50 336.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.20 336.42 Td (P2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.50 336.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.85 336.42 Td (A3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.50 336.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 336.42 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 321.42 Td (Standard & Poors) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.50 321.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.35 321.42 Td (A2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.50 321.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.70 321.42 Td (A-) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.50 321.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 321.42 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 306.42 Td (Fitch) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 73.06 310.95 Td (\(a\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.50 306.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.20 306.42 Td (F1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 359.50 306.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 306.42 Td (A) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.50 306.00 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 306.42 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.50 281.25 Td (Global Cr) Tj ET Q q 0 0 0 rg BT 113.97 281.25 Td (edit Facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.73 281.25 Td ( In ) Tj ET Q q 0 0 0 rg BT 189.51 281.25 Td (April 2014, the Company entered into a new $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.30 281.25 Td (675.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.19 281.25 Td ( five-year credit facility to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 269.25 Td (refinance and replace a $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.43 269.25 Td (675.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.32 269.25 Td ( four) Tj ET Q q 0 0 0 rg BT 222.28 269.25 Td (-year credit facility that was due to mature in ) Tj ET Q q 0 0 0 rg BT 404.16 269.25 Td (April 2015. ) Tj ET Q q 0 0 0 rg BT 452.59 269.25 Td (The new five-year credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 257.25 Td (facility matures in ) Tj ET Q q 0 0 0 rg BT 124.20 257.25 Td (April 2019. ) Tj ET Q q 0 0 0 rg BT 172.63 257.25 Td (The Company also has a $) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.44 257.25 Td (675.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.33 257.25 Td ( five-year credit facility which matures in ) Tj ET Q q 0 0 0 rg BT 500.32 257.25 Td (April 2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (The new five-year credit facility and the existing five-year credit facility \(together) Tj ET Q q 0 0 0 rg BT 377.56 245.25 Td (, the Global Credit Facilities\) bear interest at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (various variable interest rates, which may be adjusted upward or downward depending on certain criteria, such as credit ratings. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (The Global Credit Facilities also require the Company to pay a fee based upon the average daily unused portion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (aggregate commitments under the Global Credit Facilities. ) Tj ET Q q 0 0 0 rg BT 286.48 209.25 Td (The Global Credit Facilities are committed facilities and primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td (used to support the Company's unsecured commercial paper program. During July 2015, the Company borrowed C$20 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.25 Td (under the Global Credit Facilities and repaid the borrowings in ) Tj ET Q q 0 0 0 rg BT 302.78 185.25 Td (August 2015. No borrowings were outstanding at December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 173.25 Td (2015. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.50 152.25 Td (Unsecur) Tj ET Q q 0 0 0 rg BT 107.01 152.25 Td (ed Commer) Tj ET Q q 0 0 0 rg BT 153.02 152.25 Td (cial Paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.96 152.25 Td ( Subject to limitations, the Company could issue unsecured commercial paper of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 140.25 Td ($1.35 billion as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.77 140.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.36 140.25 Td ( supported by the Global Credit Facilities. Outstanding unsecured commercial paper may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 128.25 Td (not exceed the unused portion of the Global Credit Facilities. Maturities may range up to 365 days from the issuance date. ) Tj ET Q q 0 0 0 rg BT 540.03 128.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 116.25 Td (Company intends to repay unsecured commercial paper as it matures with additional unsecured commercial paper or through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 104.25 Td (other means, such as borrowing under the Global Credit Facilities, borrowing under its asset-backed U.S. commercial paper ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 92.25 Td (conduit facility or through the use of operating cash flow and cash on hand.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 351.64 96.78 Td (\(1\)) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.50 742.10 Td (Medium-T) Tj ET Q q 0 0 0 rg BT 114.24 742.10 Td (erm Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.07 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 164.89 742.10 Td (The Company has the following medium-term notes \(collectively) Tj ET Q q 0 0 0 rg BT 426.12 742.10 Td (, the Notes\) issued and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (outstanding at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.38 730.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.97 730.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.18 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 707.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.00 707.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 707.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 707.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 707.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 707.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 707.60 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 677.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.00 677.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 677.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 677.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 677.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 677.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 677.60 113.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 647.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.00 647.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 209.00 647.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 647.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.00 647.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 647.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 647.60 113.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 707.6 m 189 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 209 707.6 m 309 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329 707.6 m 429 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 707.6 m 562 707.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 88.40 711.68 Td (Principal Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.50 711.68 Td (Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.80 711.68 Td (Issue Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.45 711.68 Td (Maturity Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 697.27 Td ($450,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.05 697.27 Td (3.875%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.35 697.27 Td (March 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.70 697.27 Td (March 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 682.27 Td ($400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 682.27 Td (2.70%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.70 682.27 Td (January 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.70 682.27 Td (March 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 667.27 Td ($400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 667.27 Td (1.55%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.10 667.27 Td (November 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.60 667.27 Td (November 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 652.27 Td ($878,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 652.27 Td (6.80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.05 652.27 Td (May 2008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.55 652.27 Td (June 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 637.27 Td ($600,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 637.27 Td (2.40%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.85 637.27 Td (September 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.35 637.27 Td (September 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.25 622.27 Td ($600,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.55 622.27 Td (2.15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.20 622.27 Td (February 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.70 622.27 Td (February 2020) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 597.10 Td (The Notes provide for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 402.08 597.10 Td (. Unamortized discounts on the Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 585.10 Td (reduced the balance by $3.6 million, $3.6 million, and $1.5 million at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.72 585.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.31 585.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.31 585.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.31 585.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.75 585.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.75 585.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 525.41 585.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 564.10 Td (In February 2015, the Company issued $600.0 million of medium-term notes that mature in 2020 and have an annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 552.10 Td (interest rate of 2.15%. In September 2014, the Company issued $600.0 million of medium-term notes that mature in September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.10 Td (2019 and have an annual interest rate of 2.40%. In November 2014, the Company issued $400.0 million of medium-term notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 528.10 Td (which mature in November 2017 and have an annual interest rate of 1.55%. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 507.10 Td (During 2015, 2014 and 2013, the Company repurchased an aggregate $9.3 million, $22.6 million, and $23.0 million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 495.10 Td (, of its 6.80% medium-term notes which mature in June 2018. ) Tj ET Q q 0 0 0 rg BT 346.57 495.10 Td (As a result, the Company recognized in financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (services interest expense $1.1 million, $3.9 million and $4.9 million, respectively) Tj ET Q q 0 0 0 rg BT 374.62 483.10 Td (, for losses on the extinguishment of debt, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (which included unamortized discounts and fees. During September 2015, $600.0 million of 1.15% medium-term notes matured, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (and the principal and accrued interest were paid in full. During December 2014, $500.0 million of 5.75% medium-term notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.10 Td (matured, and the principal and accrued interest were paid in full. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 426.10 Td (In January 2016, HDFS issued $600.0 million of medium-term notes that mature in January 2019 and have an annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.10 Td (interest rate of 2.25% and $600.0 million of medium term notes that mature in January 2021 and have an annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.10 Td (2.85%.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 381.10 Td (Senior Unsecur) Tj ET Q q 0 0 0 rg BT 134.12 381.10 Td (ed Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.84 381.10 Td ( In July 2015, the Company issued $750.0 million of senior unsecured notes in an underwritten ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.10 Td (of) Tj ET Q q 0 0 0 rg BT 57.65 369.10 Td (fering. ) Tj ET Q q 0 0 0 rg BT 86.35 369.10 Td (The senior unsecured notes provide for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 484.18 369.10 Td (. $450.0 million of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.10 Td (the senior unsecured notes mature in July 2025 and have an interest rate of 3.50%, and $300.0 million of the senior unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.10 Td (notes mature in July 2045 and have an interest rate of 4.625%. ) Tj ET Q q 0 0 0 rg BT 301.47 345.10 Td (The Company used the proceeds from the debt to repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.10 Td (shares of its common stock in 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 312.10 Td (In February 2009, the Company issued $600.0 million of senior unsecured notes in an underwritten of) Tj ET Q q 0 0 0 rg BT 479.80 312.10 Td (fering. ) Tj ET Q q 0 0 0 rg BT 508.49 312.10 Td (The senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.10 Td (unsecured notes provide for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 402.35 300.10 Td (. During the fourth quarter of 2010, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.10 Td (Company repurchased $297.0 million of the $600.0 million senior unsecured notes at a price of $380.8 million. ) Tj ET Q q 0 0 0 rg BT 497.29 288.10 Td (The senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.10 Td (unsecured notes matured in February 2014 and the Company repaid the remaining senior unsecured notes outstanding. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 255.10 Td ( ) Tj ET Q q 0 0 0 rg BT 74.32 255.10 Td (Asset-Backed Canadian Commer) Tj ET Q q 0 0 0 rg BT 206.70 255.10 Td (cial Paper Conduit Facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.46 255.10 Td ( ) Tj ET Q q 0 0 0 rg BT 326.78 255.10 Td (The Company has a revolving facility agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 243.10 Td (\(Canadian Conduit\) with a Canadian bank-sponsored asset-backed commercial paper conduit. Under the agreement, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.10 Td (Canadian Conduit is contractually committed, at the Company's option, to purchase from the Company eligible Canadian retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.10 Td (motorcycle finance receivables for proceeds up to C$240 million. ) Tj ET Q q 0 0 0 rg BT 314.23 219.10 Td (The transferred assets are restricted as collateral for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 207.10 Td (payment of the debt. ) Tj ET Q q 0 0 0 rg BT 134.02 207.10 Td (The terms for this facility provide for interest on the outstanding principal based on prevailing market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.10 Td (interest rates plus a specified mar) Tj ET Q q 0 0 0 rg BT 182.88 195.10 Td (gin. ) Tj ET Q q 0 0 0 rg BT 200.48 195.10 Td (The Canadian Conduit also provides for a program fee and an unused commitment fee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.10 Td (based on the unused portion of the total aggregate commitment of C$240 million. ) Tj ET Q q 0 0 0 rg BT 378.14 183.10 Td (There is no amortization schedule; however) Tj ET Q q 0 0 0 rg BT 552.96 183.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td (the debt is reduced monthly as available collections on the related finance receivables are applied to outstanding principal. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.10 Td (Upon expiration of the Canadian Conduit, any outstanding principal will continue to be reduced monthly through available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.10 Td (collections. Unless earlier terminated or extended by mutual agreement of the Company and the lenders, as of December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.10 Td (2015, the Canadian Conduit has an expiration date of June 30, 2016. ) Tj ET Q q 0 0 0 rg BT 325.65 135.10 Td (The contractual maturity of the debt is approximately 5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.10 Td (years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 102.10 Td (During 2015 and 2014, the Company transferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.18 102.10 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.07 102.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.51 102.10 Td ($97.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.40 102.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 454.06 102.10 Td (, of Canadian retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.10 Td (motorcycle finance receivables to the Canadian Conduit for proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.39 90.10 Td ($87.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.28 90.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.72 90.10 Td ($85.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.61 90.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 519.27 90.10 Td (.) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 742.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 742.10 Td (Asset-Backed U.S. Commer) Tj ET Q q 0 0 0 rg BT 182.16 742.10 Td (cial Paper Conduit Facility V) Tj ET Q q 0 0 0 rg BT 299.92 742.10 Td (ariable Inter) Tj ET Q q 0 0 0 rg BT 350.37 742.10 Td (est Entity \(VIE\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.07 742.10 Td ( On December 14, 2015, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 730.10 Td (Company entered into a new revolving facility agreement \(U.S. Conduit\) with a third party bank-sponsored asset-backed U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 718.10 Td (commercial paper conduit, which provides for a total aggregate commitment of $600.0 million. ) Tj ET Q q 0 0 0 rg BT 433.10 718.10 Td (The prior agreement expired on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 706.10 Td (December 14, 2015 and had similar terms. ) Tj ET Q q 0 0 0 rg BT 221.40 706.10 Td (At December 31, 2015, 2014, and 2013, the Company had no outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 694.10 Td (borrowings under the U.S. Conduit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 673.10 Td (This debt provides for interest on outstanding principal based generally on prevailing commercial paper rates or LIBOR ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.10 Td (to the extent the advance is not funded by a conduit lender through the issuance of commercial paper plus, in each case, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.10 Td (program fee based on outstanding principal. ) Tj ET Q q 0 0 0 rg BT 227.88 649.10 Td (The U.S. Conduit also provides for an unused commitment fee based on the unused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (portion of the total aggregate commitment of $600.0 million. ) Tj ET Q q 0 0 0 rg BT 295.66 637.10 Td (There is no amortization schedule; however) Tj ET Q q 0 0 0 rg BT 470.47 637.10 Td (, the debt will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 625.10 Td (reduced monthly as available collections on the related finance receivable collateral are applied to outstanding principal. Upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 613.10 Td (expiration of the U.S. Conduit, any outstanding principal will continue to be reduced monthly through available collections. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 601.10 Td (Unless earlier terminated or extended by mutual agreement of the Company and the lenders, as of December 31, 2015, the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.10 Td (Conduit expires December 14, 2016. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 568.10 Td (T) Tj ET Q q 0 0 0 rg BT 76.64 568.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 94.51 568.10 Td (Asset-Backed Securitization VIEs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.87 568.10 Td ( For all of its term asset-backed securitization transactions, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 556.10 Td (transferred U.S. retail motorcycle finance receivables to separate ) Tj ET Q q 0 0 0 rg BT 310.86 556.10 Td (VIEs, which in turn issued secured notes, with various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 544.10 Td (maturities and interest rates to investors. ) Tj ET Q q 0 0 0 rg BT 213.07 544.10 Td (All of the notes held by the ) Tj ET Q q 0 0 0 rg BT 324.26 544.10 Td (VIEs are secured by future collections of the purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 532.10 Td (U.S. retail motorcycle finance receivables. ) Tj ET Q q 0 0 0 rg BT 222.02 532.10 Td (The U.S. retail motorcycle finance receivables included in the term asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 520.10 Td (securitization transactions are not available to pay other obligations or claims of the Company's creditors until the associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 508.10 Td (debt and other obligations are satisfied. Restricted cash balances held by the ) Tj ET Q q 0 0 0 rg BT 356.17 508.10 Td (VIEs are used only to support the securitizations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 496.10 Td (There is no amortization schedule for the secured notes; however) Tj ET Q q 0 0 0 rg BT 309.84 496.10 Td (, the debt is reduced monthly as available collections on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 484.10 Td (related retail motorcycle finance receivables are applied to outstanding principal. ) Tj ET Q q 0 0 0 rg BT 375.56 484.10 Td (The secured notes) Tj ET Q q 0 0 0 rg BT 450.34 484.10 Td ( contractual lives have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 472.10 Td (various maturities ranging from 2016 to 2022.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 451.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.33 451.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.33 451.10 Td (, the Company transferred a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.28 451.10 Td ($1.31 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.39 451.10 Td ( of U.S. retail motorcycle finance receivables to two separate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 439.10 Td (SPEs. ) Tj ET Q q 0 0 0 rg BT 75.44 439.10 Td (The SPEs in turn issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.50 439.10 Td ($1.20 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.61 439.10 Td ( of secured notes. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.92 439.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.92 439.10 Td (, the Company transferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.83 439.10 Td ($924.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.72 439.10 Td ( of U.S. retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 427.10 Td (motorcycle finance receivables to one SPE. ) Tj ET Q q 0 0 0 rg BT 225.64 427.10 Td (The SPE in turn issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.81 427.10 Td ($850.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.70 427.10 Td ( of secured notes.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 406.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 91.07 406.10 Td (company Borr) Tj ET Q q 0 0 0 rg BT 148.19 406.10 Td (owings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.53 406.10 Td ( HDFS and the Company have had in ef) Tj ET Q q 0 0 0 rg BT 343.82 406.10 Td (fect term loan agreements under which HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 394.10 Td (borrowed from the Company) Tj ET Q q 0 0 0 rg BT 165.21 394.10 Td (. ) Tj ET Q q 0 0 0 rg BT 169.66 394.10 Td (As of December 31, 2015, there were no intercompany loans outstanding and the intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 382.10 Td (loan balance of $250.0 million outstanding as of December 31, 2014 was repaid during the first quarter of 2015. ) Tj ET Q q 0 0 0 rg BT 500.32 382.10 Td (The term loans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 370.10 Td (provide for monthly interest based on the prevailing commercial paper rates and principal due at maturity or upon demand by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 358.10 Td (the Company) Tj ET Q q 0 0 0 rg BT 102.45 358.10 Td (. ) Tj ET Q q 0 0 0 rg BT 107.27 358.10 Td (The term loan balances and related interest are eliminated in the Company's consolidated financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 337.10 Td (During 2014, HDFS and the Company had in ef) Tj ET Q q 0 0 0 rg BT 263.74 337.10 Td (fect the following term loan agreements under which HDFS borrowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (from the Company \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 290.60 154.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 290.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 290.60 155.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 290.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 290.60 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 260.60 154.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 260.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 260.60 155.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 260.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 260.60 163.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 230.60 154.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 230.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.00 230.60 155.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 230.60 20.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 230.60 163.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 290.6 m 204 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224 290.6 m 379 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 290.6 m 562 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224 290.6 m 379 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 290.6 m 562 290.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.90 294.83 Td (Principal Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.30 294.83 Td (Issue Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.45 294.83 Td (Maturity Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 280.27 Td ($300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.55 280.27 Td (June 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.40 280.27 Td (April 2014 *) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 265.27 Td ($150,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.35 265.27 Td (September 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.40 265.27 Td (April 2014 *) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 250.27 Td ($300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 250.27 Td (April 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.90 250.27 Td (April 2015 **) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 235.27 Td ($250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.55 235.27 Td (June 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.60 235.27 Td (September 2014 *) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.75 220.27 Td ($150,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.35 220.27 Td (September 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.40 220.27 Td (April 2015 *) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 204.10 Td (* ) Tj ET Q q 0 0 0 rg BT 65.82 204.10 Td (This loan was repaid on or before the maturity date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 192.10 Td (** $50.0 million of this loan was repaid in November 2014) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.50 171.10 Td (Support ) Tj ET Q q 0 0 0 rg BT 119.49 171.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 134.12 171.10 Td (eement - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.76 171.10 Td (The Company has a support agreement with HDFS whereby) Tj ET Q q 0 0 0 rg BT 411.73 171.10 Td (, if required, the Company agrees to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.10 Td (provide HDFS with financial support in order to maintain HDFS) Tj ET Q q 0 0 0 rg BT 310.67 159.10 Td ( fixed-char) Tj ET Q q 0 0 0 rg BT 354.08 159.10 Td (ge coverage at 1.25 and minimum net worth of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 147.10 Td ($40.0 million. Support may be provided at the Company) Tj ET Q q 0 0 0 rg BT 278.36 147.10 Td (s option as capital contributions or loans. ) Tj ET Q q 0 0 0 rg BT 444.45 147.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 493.79 147.10 Td (, certain debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 135.10 Td (covenants may restrict the Company) Tj ET Q q 0 0 0 rg BT 198.35 135.10 Td (s ability to withdraw funds from HDFS outside the normal course of business. No amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 123.10 Td (has ever been provided to HDFS under the support agreement.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.00 102.10 Td (Operating and Financial Covenants) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.71 102.10 Td ( HDFS and the Company are subject to various operating and financial covenants ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 90.10 Td (related to the Global Credit Facilities and various operating covenants under the Notes and the U.S. and Canadian asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 78.10 Td (commercial paper conduit facilities. ) Tj ET Q q 0 0 0 rg BT 195.65 78.10 Td (The more significant covenants are described below) Tj ET Q q 0 0 0 rg BT 403.25 78.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 57.10 Td (The operating covenants limit the Company) Tj ET Q q 0 0 0 rg BT 252.07 57.10 Td (s and HDFS) Tj ET Q q 0 0 0 rg BT 303.55 57.10 Td ( ability to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.10 45.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.10 45.10 Td (assume or incur certain liens;) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.10 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.10 742.10 Td (participate in certain mer) Tj ET Q q 0 0 0 rg BT 185.14 742.10 Td (gers, consolidations, liquidations or dissolutions; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.10 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.10 730.10 Td (purchase or hold mar) Tj ET Q q 0 0 0 rg BT 169.61 730.10 Td (gin stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 709.10 Td (Under the current financial covenants of the Global Credit Facilities, the consolidated debt to equity ratio of HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.10 Td (cannot exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.91 697.10 Td (10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.41 697.10 Td ( to 1.0 as of the end of any fiscal quarter) Tj ET Q q 0 0 0 rg BT 287.19 697.10 Td (. In addition, the ratio of the Company's consolidated debt to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.10 Td (Company's consolidated debt and equity) Tj ET Q q 0 0 0 rg BT 210.62 685.10 Td (, in each case excluding the debt of HDFS and its subsidiaries, cannot exceed 0.65 to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.10 Td (1.0 as of the end of any fiscal quarter) Tj ET Q q 0 0 0 rg BT 197.50 673.10 Td (. No financial covenants are required under the Notes or the U.S. or Canadian asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.10 Td (commercial paper conduit facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 640.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 640.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.58 640.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.58 640.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.58 640.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.02 640.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.02 640.10 Td (, HDFS and the Company remained in compliance with all of the existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 628.10 Td (covenants.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.65 607.10 Td (Cautionary Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 586.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 586.10 Td (s ability to meet the tar) Tj ET Q q 0 0 0 rg BT 225.45 586.10 Td (gets and expectations noted depends upon, among other factors, the Company) Tj ET Q q 0 0 0 rg BT 539.82 586.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (ability to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 557.10 Td (\(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 557.10 Td (execute its business strategy) Tj ET Q q 0 0 0 rg BT 234.38 557.10 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 540.10 Td (\(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 540.10 Td (manage through changes in general economic conditions, including changing capital, credit and retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 528.10 Td (markets, and political events,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 511.10 Td (\(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 511.10 Td (accurately estimate and adjust to fluctuations in foreign currency exchange rates, interest rates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 499.10 Td (commodity prices,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 482.10 Td (\(iv\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 482.10 Td (continue to develop the capabilities of the Company's dealers and manage the risks that the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 470.10 Td (independent dealers may have dif) Tj ET Q q 0 0 0 rg BT 256.21 470.10 Td (ficulty obtaining capital and managing through changing economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 458.10 Td (conditions and consumer demand,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 441.10 Td (\(v\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 441.10 Td (prevent a cybersecurity breach involving consumer) Tj ET Q q 0 0 0 rg BT 326.24 441.10 Td (, employee, dealer) Tj ET Q q 0 0 0 rg BT 399.14 441.10 Td (, supplier or Company data and respond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 429.10 Td (to evolving regulatory requirements regarding data security) Tj ET Q q 0 0 0 rg BT 359.05 429.10 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 412.10 Td (\(vi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 412.10 Td (drive demand by executing the Company's marketing strategy of appealing to and growing sales to multi-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 400.10 Td (generational and multi-cultural customers worldwide in an increasingly competitive marketplace,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 383.10 Td (\(vii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 383.10 Td (develop and introduce products, services and experiences that are successful in the marketplace,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 366.10 Td (\(viii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 366.10 Td (manage risks that arise through expanding international manufacturing, operations and sales,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 349.10 Td (\(ix\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 349.10 Td (manage through the ef) Tj ET Q q 0 0 0 rg BT 211.51 349.10 Td (fects inconsistent and unpredictable weather patterns may have on retail sales of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 337.10 Td (motorcycles,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 320.10 Td (\(x\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 320.10 Td (balance production volumes for the Company's new motorcycles with consumer demand, including in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 308.10 Td (circumstances where competitors may be supplying new motorcycles to the market in excess of demand at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 296.10 Td (reduced prices,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 279.10 Td (\(xi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 279.10 Td (manage the impact that prices for and supply of used motorcycles may have on retail sales of new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 267.10 Td (motorcycles,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 250.10 Td (\(xii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 250.10 Td (manage changes and prepare for requirements in legislative and regulatory environments for its products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 238.10 Td (services and operations,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 221.10 Td (\(xiii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 221.10 Td (manage supply chain issues, including quality issues and any unexpected interruptions or price increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 209.10 Td (caused by raw material shortages or natural disasters,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 192.10 Td (\(xiv\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 192.10 Td (prevent and detect any issues with the Company's motorcycles or associated manufacturing processes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 180.10 Td (avoid delays in new model launches, recall campaigns, increased warranty costs or litigation and adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 168.10 Td (ef) Tj ET Q q 0 0 0 rg BT 129.59 168.10 Td (fects on the Company's reputation and brand strength,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 151.10 Td (\(xv\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 151.10 Td (manage the Company's exposure to product liability claims and commercial or contractual disputes,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 134.10 Td (\(xvi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 134.10 Td (implement and manage enterprise-wide information technology solutions, including solutions at its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 122.10 Td (manufacturing facilities,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 105.10 Td (\(xvii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 105.10 Td (execute its flexible production strategy) Tj ET Q q 0 0 0 rg BT 276.85 105.10 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 88.10 Td (\(xviii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 88.10 Td (adjust to healthcare inflation and reform, pension reform and tax changes,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 71.10 Td (\(xix\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 71.10 Td (retain and attract talented employees,) Tj ET Q endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 742.10 Td (\(xx\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 742.10 Td (successfully access the capital and/or credit markets on terms \(including interest rates\) that are acceptable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 730.10 Td (the Company and within its expectations,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 713.10 Td (\(xxi\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 713.10 Td (manage the credit quality) Tj ET Q q 0 0 0 rg BT 222.70 713.10 Td (, the loan servicing and collection activities, and the recovery rates of HDFS) Tj ET Q q 0 0 0 rg BT 530.75 713.10 Td ( loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 701.10 Td (portfolio, and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 684.10 Td (\(xxii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 684.10 Td (continue to manage the relationships and agreements that the Company has with its labor unions to help drive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.00 672.10 Td (long-term competitiveness.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 651.10 Td (In addition, the Company could experience delays or disruptions in its operations as a result of work stoppages, strikes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 639.10 Td (natural causes, terrorism or other factors. Other factors are described in Risk Factors under Item1A) Tj ET Q q 0 0 0 rg BT 456.80 639.10 Td ( which includes a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 627.10 Td (discussion of additional risk factors and a more complete discussion of some of the cautionary statements noted above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 606.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 606.10 Td (s ability to sell its motorcycles and related products and services and to meet its financial expectations also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (depends on the ability of the Company) Tj ET Q q 0 0 0 rg BT 207.75 594.10 Td (s independent dealers to sell its motorcycles and related products and services to retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (customers. ) Tj ET Q q 0 0 0 rg BT 95.37 582.10 Td (The Company depends on the capability and financial capacity of its independent dealers to develop and implement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 570.10 Td (fective retail sales plans to create demand for the motorcycles and related products and services they purchase from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (Company) Tj ET Q q 0 0 0 rg BT 88.24 558.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 537.10 Td (In addition, the Company) Tj ET Q q 0 0 0 rg BT 178.99 537.10 Td (s independent dealers may experience dif) Tj ET Q q 0 0 0 rg BT 344.01 537.10 Td (ficulties in operating their businesses and selling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.10 Td (Harley-Davidson motorcycles and related products and services as a result of weather) Tj ET Q q 0 0 0 rg BT 392.52 525.10 Td (, economic conditions or other factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 504.10 Td (In recent years, HDFS has experienced historically low levels of retail credit losses, but there is no assurance that this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (will continue. ) Tj ET Q q 0 0 0 rg BT 107.31 492.10 Td (The Company believes that HDFS' retail credit losses may increase over time due to changing consumer credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (behavior and HDFS' ef) Tj ET Q q 0 0 0 rg BT 141.88 480.10 Td (forts to increase prudently structured loan approvals in the sub-prime lending environment.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 459.10 Td (Item 7A. ) Tj ET Q q 0 0 0 rg BT 113.00 459.10 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 0 rg BT 282.64 459.10 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 438.10 Td (The Company is exposed to market risk from changes in foreign exchange rates and interest rates. ) Tj ET Q q 0 0 0 rg BT 468.41 438.10 Td (T) Tj ET Q q 0 0 0 rg BT 473.82 438.10 Td (o reduce such risks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (the Company selectively uses derivative financial instruments. ) Tj ET Q q 0 0 0 rg BT 302.16 426.10 Td (All hedging transactions are authorized and executed pursuant to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (regularly reviewed policies and procedures, which prohibit the use of financial instruments for speculative trading purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (Sensitivity analysis is used to manage and monitor foreign exchange and interest rate risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 381.10 Td (The Company sells its products internationally and in most markets those sales are made in the foreign country) Tj ET Q q 0 0 0 rg BT 520.84 381.10 Td (s local ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (currency) Tj ET Q q 0 0 0 rg BT 84.33 369.10 Td (. ) Tj ET Q q 0 0 0 rg BT 88.77 369.10 Td (As a result, the Company) Tj ET Q q 0 0 0 rg BT 192.92 369.10 Td (s earnings can be af) Tj ET Q q 0 0 0 rg BT 271.60 369.10 Td (fected by fluctuations in the value of the U.S. dollar relative to foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (currency) Tj ET Q q 0 0 0 rg BT 84.33 357.10 Td (. ) Tj ET Q q 0 0 0 rg BT 89.15 357.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 148.86 357.10 Td (s most significant foreign currency risk relates to the Euro, the ) Tj ET Q q 0 0 0 rg BT 400.45 357.10 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 467.53 357.10 Td (, the Japanese yen, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (Brazilian real and the Mexican peso. ) Tj ET Q q 0 0 0 rg BT 198.93 345.10 Td (The Company utilizes foreign currency contracts to mitigate the ef) Tj ET Q q 0 0 0 rg BT 465.04 345.10 Td (fect of certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.10 Td (currencies' fluctuations on earnings. ) Tj ET Q q 0 0 0 rg BT 196.29 333.10 Td (The foreign currency contracts are entered into with banks and allow the Company to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (exchange a specified amount of foreign currency for U.S. dollars at a future date, based on a fixed exchange rate. ) Tj ET Q q 0 0 0 rg BT 504.25 321.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 309.10 Td (, the notional U.S. dollar value of outstanding Euro, ) Tj ET Q q 0 0 0 rg BT 337.72 309.10 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 404.80 309.10 Td (, Japanese yen, Brazilian real and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.10 Td (Mexican peso foreign currency contracts was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.81 297.10 Td ($436.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.71 297.10 Td (. ) Tj ET Q q 0 0 0 rg BT 297.52 297.10 Td (The Company estimates that a uniform 10% weakening in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.10 Td (value of the U.S. dollar relative to the currencies underlying these contracts would result in a decrease in the fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.10 Td (contracts of approximately $41.6 million as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.73 273.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.32 273.10 Td (. Further disclosure relating to the fair value of derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.10 Td (financial instruments is included in Note 8 of the Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.25 742.25 Td (Item 8. ) Tj ET Q q 0 0 0 rg BT 113.00 742.25 Td (Consolidated Financial Statements and Supplementary Data) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517.5 704.75 m 560.5 704.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 708.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.25 708.83 Td (Page) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 689.42 Td (Management) Tj ET Q q 0 0 0 rg BT 107.98 689.42 Td (s Report on Internal Control Over Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 669.42 Td (Report of the ) Tj ET Q q 0 0 0 rg BT 107.71 669.42 Td (Audit Committee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 649.42 Td (Report of Independent Registered Public ) Tj ET Q q 0 0 0 rg BT 218.24 649.42 Td (Accounting Firm on Internal Control over Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 629.42 Td (Report of Independent Registered Public ) Tj ET Q q 0 0 0 rg BT 218.24 629.42 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 609.42 Td (Consolidated statements of income) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 589.42 Td (Consolidated statements of comprehensive income) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 569.42 Td (Consolidated balance sheets) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 549.42 Td (Consolidated statements of cash flows) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.42 Td (Consolidated statements of shareholders) Tj ET Q q 0 0 0 rg BT 216.94 529.42 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 509.42 Td (Notes to consolidated financial statements) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 489.42 Td (Supplementary data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 470.42 Td (Quarterly financial data \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 689.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 669.42 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 649.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 629.42 Td (51) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 609.42 Td (52) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 589.42 Td (53) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 569.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 549.42 Td (56) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 529.42 Td (57) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.00 509.42 Td (58) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 470.42 Td (107) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.20 730.10 Td (MANAGEMENTS REPOR) Tj ET Q q 0 0 0 rg BT 224.79 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 231.28 730.10 Td ( ON INTERNAL) Tj ET Q q 0 0 0 rg BT 303.52 730.10 Td ( CONTROL) Tj ET Q q 0 0 0 rg BT 356.03 730.10 Td ( OVER FINANCIAL) Tj ET Q q 0 0 0 rg BT 446.04 730.10 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 483.19 730.10 Td (TING) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 709.10 Td (s management is responsible for establishing and maintaining adequate internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (reporting, as such term is defined in Exchange ) Tj ET Q q 0 0 0 rg BT 237.45 697.10 Td (Act Rules13a-15\(f\). Under the supervision and with the participation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (management, including the principal executive of) Tj ET Q q 0 0 0 rg BT 248.08 685.10 Td (ficer and principal financial of) Tj ET Q q 0 0 0 rg BT 369.51 685.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 387.42 685.10 Td (, management conducted an evaluation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (the ef) Tj ET Q q 0 0 0 rg BT 72.30 673.10 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 186.44 673.10 Td (s internal control over financial reporting based on the criteria established in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 494.11 673.10 Td (Internal ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (Contr) Tj ET Q q 0 0 0 rg BT 72.97 661.10 Td (ol Integrated Framework) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.56 661.10 Td ( \(2013 Framework\) issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 432.74 661.10 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 506.15 661.10 Td (T) Tj ET Q q 0 0 0 rg BT 511.90 661.10 Td (readway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (Commission. Based on management) Tj ET Q q 0 0 0 rg BT 198.87 649.10 Td (s evaluation under the framework in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 346.04 649.10 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 403.73 649.10 Td (ol Integrated Framework,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.82 649.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (management has concluded that the Company) Tj ET Q q 0 0 0 rg BT 236.89 637.10 Td (s internal control over financial reporting was ef) Tj ET Q q 0 0 0 rg BT 429.69 637.10 Td (fective as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.05 637.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 625.10 Td (. Ernst& ) Tj ET Q q 0 0 0 rg BT 108.52 625.10 Td (Y) Tj ET Q q 0 0 0 rg BT 114.74 625.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 153.91 625.10 Td (, an independent registered public accounting firm, has audited the Consolidated Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (included in this ) Tj ET Q q 0 0 0 rg BT 113.61 613.10 Td (Annual Report on Form 10-K and, as part of its audit, has issued an attestation report, included herein, on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 601.10 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 171.72 601.10 Td (s internal control over financial reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 575.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 564.30 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.37 Td (Matthew S. Levatich) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.00 529.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 529.37 Td (John A. Olin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 515.37 Td (President and Chief Executive Officer) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 309.00 515.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 515.37 Td (Senior Vice President and Chief Financial Officer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.20 730.10 Td (REPOR) Tj ET Q q 0 0 0 rg BT 249.85 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 256.34 730.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 272.35 730.10 Td ( ) Tj ET Q q 0 0 0 rg BT 274.67 730.10 Td (THE ) Tj ET Q q 0 0 0 rg BT 297.74 730.10 Td (AUDIT) Tj ET Q q 0 0 0 rg BT 329.78 730.10 Td ( COMMITTEE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The ) Tj ET Q q 0 0 0 rg BT 91.50 709.10 Td (Audit Committee of the Board of Directors reviews the Company) Tj ET Q q 0 0 0 rg BT 356.71 709.10 Td (s financial reporting process and the audit process. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (All of the ) Tj ET Q q 0 0 0 rg BT 90.27 697.10 Td (Audit Committee members are independent in accordance with the ) Tj ET Q q 0 0 0 rg BT 359.91 697.10 Td (Audit Committee requirements of the New ) Tj ET Q q 0 0 0 rg BT 533.38 697.10 Td (Y) Tj ET Q q 0 0 0 rg BT 539.60 697.10 Td (ork ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (Stock Exchange, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 664.10 Td (The ) Tj ET Q q 0 0 0 rg BT 91.50 664.10 Td (Audit Committee of the Board of Directors has reviewed and discussed with management its assessment of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 652.10 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 171.72 652.10 Td (s internal control system over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.83 652.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.41 652.10 Td (. Management has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.10 Td (concluded that the internal control system was ef) Tj ET Q q 0 0 0 rg BT 245.59 640.10 Td (fective. ) Tj ET Q q 0 0 0 rg BT 277.24 640.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 327.14 640.10 Td (, the Company) Tj ET Q q 0 0 0 rg BT 388.53 640.10 Td (s internal control over financial reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.66 628.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.24 628.10 Td ( was audited by Ernst& ) Tj ET Q q 0 0 0 rg BT 248.75 628.10 Td (Y) Tj ET Q q 0 0 0 rg BT 254.97 628.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 294.14 628.10 Td (, the Company) Tj ET Q q 0 0 0 rg BT 355.52 628.10 Td (s independent registered public accounting firm for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.72 616.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.72 616.10 Td ( fiscal year) Tj ET Q q 0 0 0 rg BT 128.03 616.10 Td (. ) Tj ET Q q 0 0 0 rg BT 132.85 616.10 Td (The ) Tj ET Q q 0 0 0 rg BT 150.34 616.10 Td (Audit Committee has reviewed and discussed the audited financial statements of the Company for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 604.10 Td ( fiscal year with management as well as with representatives of Ernst& ) Tj ET Q q 0 0 0 rg BT 358.70 604.10 Td (Y) Tj ET Q q 0 0 0 rg BT 364.92 604.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 404.09 604.10 Td (. ) Tj ET Q q 0 0 0 rg BT 408.91 604.10 Td (The ) Tj ET Q q 0 0 0 rg BT 426.41 604.10 Td (Audit Committee has also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (discussed with Ernst& ) Tj ET Q q 0 0 0 rg BT 144.62 592.10 Td (Y) Tj ET Q q 0 0 0 rg BT 150.84 592.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 190.75 592.10 Td ( matters required to be discussed under Public Company ) Tj ET Q q 0 0 0 rg BT 418.21 592.10 Td (Accounting Oversight Board ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (\(PCAOB\) No. 16, Communications with ) Tj ET Q q 0 0 0 rg BT 215.28 580.10 Td (Audit Committees. ) Tj ET Q q 0 0 0 rg BT 293.71 580.10 Td (The ) Tj ET Q q 0 0 0 rg BT 311.21 580.10 Td (Audit Committee has received written disclosures from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (Ernst& ) Tj ET Q q 0 0 0 rg BT 83.52 568.10 Td (Y) Tj ET Q q 0 0 0 rg BT 89.74 568.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 129.64 568.10 Td ( regarding their independence as required by PCAOB Ethics and Independence Rule 3526, Communication ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (with ) Tj ET Q q 0 0 0 rg BT 69.73 556.10 Td (Audit Committees Concerning Independence, and has discussed with representatives of Ernst& ) Tj ET Q q 0 0 0 rg BT 456.21 556.10 Td (Y) Tj ET Q q 0 0 0 rg BT 462.43 556.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 502.33 556.10 Td ( the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (independence of Ernst& ) Tj ET Q q 0 0 0 rg BT 151.82 544.10 Td (Y) Tj ET Q q 0 0 0 rg BT 158.04 544.10 Td (oung LLP) Tj ET Q q 0 0 0 rg BT 197.21 544.10 Td (. Based on the review and discussions referred to above, the ) Tj ET Q q 0 0 0 rg BT 438.53 544.10 Td (Audit Committee has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (recommended to the Board of Directors that the audited financial statements for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.83 532.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.83 532.10 Td ( fiscal year be included in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 520.10 Td (s ) Tj ET Q q 0 0 0 rg BT 97.50 520.10 Td (Annual Report on Form 10-K for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.76 520.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.76 520.10 Td ( fiscal year) Tj ET Q q 0 0 0 rg BT 311.07 520.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Audit Committee of the Board of Directors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 469.10 Td (Richard I. Beattie) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 457.10 Td (Geor) Tj ET Q q 0 0 0 rg BT 69.81 457.10 Td (ge L. Miles, Jr) Tj ET Q q 0 0 0 rg BT 127.30 457.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.10 Td (N. ) Tj ET Q q 0 0 0 rg BT 62.04 445.10 Td (Thomas Linebar) Tj ET Q q 0 0 0 rg BT 127.67 445.10 Td (ger) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.10 Td (James ) Tj ET Q q 0 0 0 rg BT 76.39 433.10 Td (A. Norling, Chairman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.10 Td (Jochen Zeitz) Tj ET Q endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 99.25 730.10 Td (REPOR) Tj ET Q q 0 0 0 rg BT 133.90 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 140.39 730.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 156.40 730.10 Td ( INDEPENDENT) Tj ET Q q 0 0 0 rg BT 231.51 730.10 Td ( REGISTERED PUBLIC ) Tj ET Q q 0 0 0 rg BT 341.82 730.10 Td (ACCOUNTING FIRM ON INTERNAL) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.60 718.10 Td (CONTROL) Tj ET Q q 0 0 0 rg BT 254.61 718.10 Td ( OVER FINANCIAL) Tj ET Q q 0 0 0 rg BT 344.62 718.10 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 381.77 718.10 Td (TING) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 697.10 Td (o the Board of Directors and Shareholders of Harley-Davidson, Inc.:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 676.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 676.10 Td (e have audited Harley-Davidson, Inc.) Tj ET Q q 0 0 0 rg BT 233.30 676.10 Td (s internal control over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.12 676.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.71 676.10 Td (, based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.10 Td (criteria established in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 138.02 664.10 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 195.71 664.10 Td (ol - Integrated Framework ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.13 664.10 Td (issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 476.05 664.10 Td (ganizations of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 652.10 Td (readway Commission \(2013 framework\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.22 652.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.72 652.10 Td (\(the COSO criteria\). Harley-Davidson, Inc.) Tj ET Q q 0 0 0 rg BT 396.49 652.10 Td (s management is responsible for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.10 Td (maintaining ef) Tj ET Q q 0 0 0 rg BT 107.86 640.10 Td (fective internal control over financial reporting, and for its assessment of the ef) Tj ET Q q 0 0 0 rg BT 423.95 640.10 Td (fectiveness of internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (over financial reporting included in the accompanying Management) Tj ET Q q 0 0 0 rg BT 324.62 628.10 Td (s Report on Internal Control over Financial Reporting. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (responsibility is to express an opinion on the Company) Tj ET Q q 0 0 0 rg BT 272.76 616.10 Td (s internal control over financial reporting based on our audit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 595.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 595.10 Td (e conducted our audit in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 397.44 595.10 Td (Accounting Oversight Board \(United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.10 Td (States\). ) Tj ET Q q 0 0 0 rg BT 82.04 583.10 Td (Those standards require that we plan and perform the audit to obtain reasonable assurance about whether ef) Tj ET Q q 0 0 0 rg BT 511.69 583.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (and operating ef) Tj ET Q q 0 0 0 rg BT 114.79 547.10 Td (fectiveness of internal control based on the assessed risk, and performing such other procedures as we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 223.64 535.10 Td (W) Tj ET Q q 0 0 0 rg BT 232.28 535.10 Td (e believe that our audit provides a reasonable basis for our opinion.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 514.10 Td (A) Tj ET Q q 0 0 0 rg BT 79.17 514.10 Td ( company) Tj ET Q q 0 0 0 rg BT 121.10 514.10 Td (s internal control over financial reporting is a process designed to provide reasonable assurance regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (accepted accounting principles. ) Tj ET Q q 0 0 0 rg BT 177.72 490.10 Td (A) Tj ET Q q 0 0 0 rg BT 184.39 490.10 Td ( company) Tj ET Q q 0 0 0 rg BT 226.33 490.10 Td (s internal control over financial reporting includes those policies and procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (that \(1\) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (dispositions of the assets of the company; \(2\) provide reasonable assurance that transactions are recorded as necessary to permit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (expenditures of the company are being made only in accordance with authorizations of management and directors of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (company; and \(3\) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (disposition of the company) Tj ET Q q 0 0 0 rg BT 161.38 418.10 Td (s assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 306.97 418.10 Td (fect on the financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 397.10 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (Also, projections of any evaluation of ef) Tj ET Q q 0 0 0 rg BT 211.16 385.10 Td (fectiveness to future periods are subject to the risk that controls may become ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 352.10 Td (In our opinion, Harley-Davidson, Inc. maintained, in all material respects, ef) Tj ET Q q 0 0 0 rg BT 378.61 352.10 Td (fective internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.82 340.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.40 340.10 Td (, based on the COSO criteria.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 319.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 319.10 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 389.94 319.10 Td (Accounting Oversight Board \(United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (States\), the consolidated balance sheets of Harley-Davidson, Inc. as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.07 307.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.66 307.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.09 307.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.09 307.10 Td (, and the related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (consolidated statements of income, comprehensive income, shareholders) Tj ET Q q 0 0 0 rg BT 343.61 295.10 Td ( equity and cash flows for each of the three years in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (the period ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.14 283.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.72 283.10 Td ( of Harley-Davidson, Inc. and our report dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.99 283.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.59 283.10 Td ( expressed an unqualified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (opinion thereon.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (/s/ Ernst& ) Tj ET Q q 0 0 0 rg BT 95.46 250.10 Td (Y) Tj ET Q q 0 0 0 rg BT 101.68 250.10 Td (oung LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (Milwaukee, ) Tj ET Q q 0 0 0 rg BT 99.80 238.10 Td (W) Tj ET Q q 0 0 0 rg BT 108.84 238.10 Td (isconsin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.60 226.10 Td ( ) Tj ET Q endstream endobj 103 0 obj <> endobj 104 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (51) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.40 718.10 Td (REPOR) Tj ET Q q 0 0 0 rg BT 170.05 718.10 Td (T) Tj ET Q q 0 0 0 rg BT 176.54 718.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 192.55 718.10 Td ( INDEPENDENT) Tj ET Q q 0 0 0 rg BT 267.66 718.10 Td ( REGISTERED PUBLIC ) Tj ET Q q 0 0 0 rg BT 377.97 718.10 Td (ACCOUNTING FIRM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 697.10 Td (o the Board of Directors and Shareholders of Harley-Davidson, Inc.:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 676.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 676.10 Td (e have audited the accompanying consolidated balance sheets of Harley-Davidson, Inc. as of December 31, 2015 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.10 Td (2014, and the related consolidated statements of income, comprehensive income, shareholders) Tj ET Q q 0 0 0 rg BT 429.97 664.10 Td ( equity and cash flows for each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (of the three years in the period ended December 31, 2015. Our audits also included the financial statement schedule listed in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.10 Td (index at item 15\(a\). ) Tj ET Q q 0 0 0 rg BT 130.63 640.10 Td (These financial statements and schedule are the responsibility of the Company) Tj ET Q q 0 0 0 rg BT 447.20 640.10 Td (s management. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (responsibility is to express an opinion on these financial statements and schedule based on our audits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 607.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 607.10 Td (e conducted our audits in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 401.33 607.10 Td (Accounting Oversight Board \(United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (States\). ) Tj ET Q q 0 0 0 rg BT 82.04 595.10 Td (Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.10 Td (statements are free of material misstatement. ) Tj ET Q q 0 0 0 rg BT 230.76 583.10 Td (An audit includes examining, on a test basis, evidence supporting the amounts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (disclosures in the financial statements. ) Tj ET Q q 0 0 0 rg BT 206.07 571.10 Td (An audit also includes assessing the accounting principles used and significant estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (made by management, as well as evaluating the overall financial statement presentation. ) Tj ET Q q 0 0 0 rg BT 405.24 559.10 Td (W) Tj ET Q q 0 0 0 rg BT 413.88 559.10 Td (e believe that our audits provide a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (reasonable basis for our opinion.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 526.10 Td (In our opinion, the financial statements referred to above present fairly) Tj ET Q q 0 0 0 rg BT 354.80 526.10 Td (, in all material respects, the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (position of Harley-Davidson, Inc. at December 31, 2015 and 2014, and the consolidated results of its operations and its cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (flows for each of the three years in the period ended December 31, 2015, in conformity with U.S. generally accepted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (accounting principles. ) Tj ET Q q 0 0 0 rg BT 140.25 490.10 Td (Also in our opinion, the related financial statement schedule, when considered in relation to the basic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (financial statements taken as a whole, presents fairly in all material respects the information set forth therein.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 457.10 Td (W) Tj ET Q q 0 0 0 rg BT 81.14 457.10 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 389.94 457.10 Td (Accounting Oversight Board \(United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.10 Td (States\), Harley-Davidson, Inc.) Tj ET Q q 0 0 0 rg BT 174.13 445.10 Td (s internal control over financial reporting as of December 31, 2015, based on criteria established ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.10 Td (in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 60.28 433.10 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 117.96 433.10 Td (ol - Integrated Framework ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.39 433.10 Td (issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 398.31 433.10 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 471.71 433.10 Td (T) Tj ET Q q 0 0 0 rg BT 477.47 433.10 Td (readway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.10 Td (Commission \(2013 framework\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 176.09 421.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.59 421.10 Td (and our report dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.89 421.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.49 421.10 Td ( expressed an unqualified opinion thereon.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.10 Td (/s/ Ernst& ) Tj ET Q q 0 0 0 rg BT 95.46 400.10 Td (Y) Tj ET Q q 0 0 0 rg BT 101.68 400.10 Td (oung LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (Milwaukee, ) Tj ET Q q 0 0 0 rg BT 99.80 388.10 Td (W) Tj ET Q q 0 0 0 rg BT 108.84 388.10 Td (isconsin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.70 730.10 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.57 730.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 303.05 730.10 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.00 718.10 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 260.82 718.10 Td (TED ST) Tj ET Q q 0 0 0 rg BT 295.38 718.10 Td (A) Tj ET Q q 0 0 0 rg BT 301.85 718.10 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 366.77 718.10 Td ( INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.65 706.10 Td (Y) Tj ET Q q 0 0 0 rg BT 211.76 706.10 Td (ears ended December) Tj ET Q q 0 0 0 rg BT 303.22 706.10 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.72 706.10 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.72 706.10 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.72 706.10 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.72 706.10 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.84 706.10 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.84 706.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.35 694.10 Td (\(In thousands, except per) Tj ET Q q 0 0 0 rg BT 325.96 694.10 Td ( shar) Tj ET Q q 0 0 0 rg BT 347.17 694.10 Td (e amounts\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 683.30 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 660.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 660.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 660.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 660.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 660.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 660.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 660.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 630.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 630.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 630.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 630.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 630.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 630.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 600.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 600.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 600.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 600.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 600.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 600.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 570.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 570.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 570.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 570.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 570.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 570.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 540.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 540.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 540.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 540.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 540.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 540.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 510.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 510.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 510.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 510.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 510.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 510.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 510.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 480.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 480.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 480.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 480.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 480.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 480.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 480.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 450.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 450.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 450.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 450.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 450.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 450.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 450.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 420.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 420.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 420.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 420.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 420.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 420.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 420.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 390.80 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 390.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 390.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 390.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 390.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 390.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 390.80 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 660.8 m 400.5 660.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 660.8 m 481.5 660.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 660.8 m 562.5 660.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 615.8 m 400.5 615.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 615.8 m 481.5 615.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 615.8 m 562.5 615.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 615.8 m 481.5 615.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 615.8 m 562.5 615.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 525.8 m 400.5 525.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 510.8 m 400.5 510.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 525.8 m 481.5 525.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 510.8 m 481.5 510.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 525.8 m 562.5 525.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 510.8 m 562.5 510.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 510.8 m 481.5 510.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 510.8 m 562.5 510.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 465.8 m 400.5 465.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 465.8 m 481.5 465.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 465.8 m 562.5 465.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 465.8 m 481.5 465.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 465.8 m 562.5 465.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 435.8 m 400.5 435.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 421.8 m 400.5 421.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 419.8 m 400.5 419.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 435.8 m 481.5 435.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 421.8 m 481.5 421.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 419.8 m 481.5 419.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 435.8 m 562.5 435.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 421.8 m 562.5 421.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 419.8 m 562.5 419.8 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.50 664.88 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 664.88 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.50 664.88 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 650.47 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 635.47 Td (Motorcycles and Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 635.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 635.47 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 635.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 635.47 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 635.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 635.47 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 620.47 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 620.47 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 620.47 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 620.47 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 605.47 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 605.47 Td (5,995,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 605.47 Td (6,228,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 605.47 Td (5,899,872) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 590.47 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 575.47 Td (Motorcycles and Related Products cost of goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 575.47 Td (3,356,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 575.47 Td (3,542,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 575.47 Td (3,395,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 560.47 Td (Financial Services interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 560.47 Td (161,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 560.47 Td (164,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 560.47 Td (165,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 545.47 Td (Financial Services provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 545.47 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 545.47 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 545.47 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 530.47 Td (Selling, administrative and engineering expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 530.47 Td (1,220,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 530.47 Td (1,159,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 530.47 Td (1,124,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 515.47 Td (Total costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 515.47 Td (4,839,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 515.47 Td (4,947,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 515.47 Td (4,746,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 500.47 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 500.47 Td (1,155,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 500.47 Td (1,280,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 500.47 Td (1,153,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 485.47 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 485.47 Td (6,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 485.47 Td (6,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 485.47 Td (5,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 470.47 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 470.47 Td (12,117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 470.47 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 470.47 Td (45,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.47 Td (Income before provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 455.47 Td (1,150,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 455.47 Td (1,283,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 455.47 Td (1,114,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 440.47 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 440.47 Td (397,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 440.47 Td (438,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 440.47 Td (380,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 425.47 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 425.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 425.47 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 425.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 425.47 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 425.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 425.47 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 410.47 Td (Earnings per common share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 395.47 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 395.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 395.47 Td (3.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 395.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 395.47 Td (3.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 395.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 395.47 Td (3.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 380.47 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 380.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 380.47 Td (3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 380.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 380.47 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 380.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 380.47 Td (3.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 365.47 Td (Cash dividends per common share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 365.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 365.47 Td (1.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 365.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 365.47 Td (1.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 365.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 365.47 Td (0.84) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.75 266.30 Td (The accompanying notes are an integral part of the consolidated financial statements.) Tj ET Q endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 730.10 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 730.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 730.10 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.75 718.10 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 214.57 718.10 Td (TED ST) Tj ET Q q 0 0 0 rg BT 249.13 718.10 Td (A) Tj ET Q q 0 0 0 rg BT 255.60 718.10 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 320.52 718.10 Td ( COMPREHENSIVE INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.40 706.10 Td (Y) Tj ET Q q 0 0 0 rg BT 211.51 706.10 Td (ears ended December) Tj ET Q q 0 0 0 rg BT 302.97 706.10 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.47 706.10 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.47 706.10 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.47 706.10 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.47 706.10 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.59 706.10 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.59 706.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.00 694.10 Td (\(In thousands\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 658.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 658.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 658.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 658.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 658.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 658.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 658.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 628.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 628.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 628.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 628.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 628.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 628.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 628.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 598.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 598.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 598.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 598.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 598.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 598.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 598.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 568.60 287.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 568.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 568.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 568.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 568.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 568.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 568.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 658.6 m 411.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 658.6 m 486.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 658.6 m 561.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 568.6 m 411.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 568.6 m 411.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 568.6 m 486.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 553.6 m 486.5 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 568.6 m 561.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 553.6 m 561.5 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 553.6 m 411.5 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 539.6 m 411.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 537.6 m 411.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 553.6 m 486.5 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 539.6 m 486.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 537.6 m 486.5 537.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 553.6 m 561.5 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 539.6 m 561.5 539.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 537.6 m 561.5 537.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.00 662.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 662.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.00 662.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 648.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.00 648.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 648.27 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 648.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 648.27 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 648.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 648.27 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 633.27 Td (Other comprehensive \(loss\) income, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 618.27 Td ( Foreign currency translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 618.32 Td (\(55,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 618.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 618.32 Td (\(36,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 618.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 618.32 Td (\(18,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 618.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 603.27 Td ( Derivative financial instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 603.32 Td (\(13,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 603.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 603.27 Td (20,722) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 603.27 Td (2,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 588.27 Td ( Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.30 588.32 Td (\(394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 588.32 Td (\(424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 588.32 Td (\(953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 573.27 Td ( Pension and postretirement benefit plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 573.32 Td (\(31,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 573.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 573.32 Td (\(165,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 573.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 573.27 Td (291,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 558.27 Td (Total other comprehensive \(loss\) income, net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 558.32 Td (\(100,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 558.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 558.32 Td (\(182,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 558.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 558.27 Td (275,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 543.27 Td (Comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.00 543.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 543.27 Td (651,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 543.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 543.27 Td (662,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 543.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 543.27 Td (1,008,995) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 494.10 Td (The accompanying notes are an integral part of the consolidated financial statements.) Tj ET Q endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (54) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 742.25 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 742.25 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 742.25 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.40 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 279.22 730.25 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 718.25 Td (December) Tj ET Q q 0 0 0 rg BT 288.23 718.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.73 718.25 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.73 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.85 718.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.85 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.45 706.25 Td (\(In thousands, except shar) Tj ET Q q 0 0 0 rg BT 338.51 706.25 Td (e amounts\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 683.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 683.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 653.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 653.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 623.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 623.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 593.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 593.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 593.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 593.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 593.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 563.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 563.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 563.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 563.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 563.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 533.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 533.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 533.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 533.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 533.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 503.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 503.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 503.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 503.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 503.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 473.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 473.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 473.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 473.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 473.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 443.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 443.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 413.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 413.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 413.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 383.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 383.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 353.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 353.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 353.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 353.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 323.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 323.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 323.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 323.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 323.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 293.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 293.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 293.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 293.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 263.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 263.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 263.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 263.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 233.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 233.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 233.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 233.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 233.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 203.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 203.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 203.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 203.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 203.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 173.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 173.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 173.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 173.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 173.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 143.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 143.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 143.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 143.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 143.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 683.75 m 491.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 683.75 m 560.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 533.75 m 491.5 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 533.75 m 560.5 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 533.75 m 560.5 533.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 443.75 m 491.5 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 443.75 m 560.5 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 429.75 m 491.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 427.75 m 491.5 427.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 443.75 m 560.5 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 429.75 m 560.5 429.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 427.75 m 560.5 427.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 338.75 m 491.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 338.75 m 560.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 338.75 m 560.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 143.75 m 491.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 143.75 m 560.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 128.75 m 491.5 128.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 143.75 m 560.5 143.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 128.75 m 560.5 128.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 114.75 m 491.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 112.75 m 491.5 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 128.75 m 560.5 128.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 114.75 m 560.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 112.75 m 560.5 112.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.50 687.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 687.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 672.0833984375 m 89.123046875 672.0833984375 l s q 0 0 0 rg BT 53.00 673.42 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 658.42 Td (Current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 643.42 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 643.42 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 643.42 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 628.42 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 628.42 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 628.42 Td (57,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 613.42 Td (Accounts receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 613.42 Td (247,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 613.42 Td (247,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 598.42 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 598.42 Td (2,053,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 598.42 Td (1,916,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 583.42 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 583.42 Td (585,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 583.42 Td (448,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 568.42 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 568.42 Td (88,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 568.42 Td (98,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 553.42 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 553.42 Td (102,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 553.42 Td (89,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 538.42 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 538.42 Td (137,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 538.42 Td (182,420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 523.42 Td (Total current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 523.42 Td (3,983,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 523.42 Td (3,948,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 508.42 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 508.42 Td (4,814,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 508.42 Td (4,516,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 493.42 Td (Property, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 493.42 Td (942,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 493.42 Td (883,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 478.42 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 478.42 Td (54,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 478.42 Td (27,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 463.42 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 463.42 Td (99,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 463.42 Td (77,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.42 Td (Other long-term assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 448.42 Td (97,228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 448.42 Td (75,092) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 433.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 433.42 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 433.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 433.42 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 417.0833984375 m 257.3310546875 417.0833984375 l s q 0 0 0 rg BT 53.00 418.42 Td (LIABILITIES AND SHAREHOLDERS EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.42 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 388.42 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 388.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 388.42 Td (235,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 388.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 388.42 Td (196,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 373.42 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 373.42 Td (471,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 373.42 Td (449,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 358.42 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 358.42 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 358.42 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 343.42 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 343.42 Td (843,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 343.42 Td (1,011,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.42 Td (Total current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 328.42 Td (2,752,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 328.42 Td (2,389,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.42 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 313.42 Td (4,845,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 313.42 Td (3,761,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 298.42 Td (Pension liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 298.42 Td (164,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 298.42 Td (76,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.42 Td (Postretirement healthcare liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 283.42 Td (193,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 283.42 Td (203,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 268.42 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 268.42 Td (195,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 268.42 Td (188,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 253.42 Td (Commitments and contingencies \(Note 15\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 238.42 Td (Shareholders equity:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 223.42 Td (Preferred stock, none issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 223.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 223.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 208.42 Td (Common stock, 344,855,704 and 344,174,653 shares issued, respectively) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 208.42 Td (3,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 208.42 Td (3,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 193.42 Td (Additional paid-in-capital) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 193.42 Td (1,328,561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 193.42 Td (1,265,257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 178.42 Td (Retained earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 178.42 Td (8,961,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 178.42 Td (8,459,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 163.42 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 163.47 Td (\(615,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 163.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.80 163.47 Td (\(514,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 163.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 148.42 Td (Treasury stock \(160,121,966 and 132,297,840 shares, respectively\), at cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.30 148.47 Td (\(7,839,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 148.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.30 148.47 Td (\(6,303,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 148.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 133.42 Td (Total shareholders equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 133.42 Td (1,839,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 133.42 Td (2,909,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 118.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 118.42 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 118.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 118.42 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 742.25 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 742.25 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 742.25 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 193.70 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 253.52 730.25 Td (TED BALANCE SHEETS \(continued\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.10 718.25 Td (December) Tj ET Q q 0 0 0 rg BT 288.23 718.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.73 718.25 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.73 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.85 718.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.85 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.45 706.25 Td (\(In thousands, except shar) Tj ET Q q 0 0 0 rg BT 338.51 706.25 Td (e amounts\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 671.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 671.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 671.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 641.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 641.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 611.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 611.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 611.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 581.75 372.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 581.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 581.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 581.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 671.75 m 491.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 671.75 m 560.5 671.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.50 675.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 675.98 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.42 Td (Balances held by consolidated variable interest entities \(Note 6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 646.42 Td (Current finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 646.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 646.42 Td (322,768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 646.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 646.42 Td (312,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 631.42 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 631.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 631.42 Td (4,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 631.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 631.42 Td (3,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 616.42 Td (Non-current finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 616.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 616.42 Td (1,250,919) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 616.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 616.42 Td (1,113,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 601.42 Td (Restricted cash - current and non-current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 601.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 601.42 Td (100,151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 601.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 601.42 Td (110,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 586.42 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 586.42 Td (353,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 586.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 586.42 Td (366,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 571.42 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 571.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 571.42 Td (1,109,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 571.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 571.42 Td (904,644) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 483.25 Td (The accompanying notes are an integral part of the consolidated financial statements.) Tj ET Q endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 742.25 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 742.25 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 742.25 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.65 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 248.47 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 283.02 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 289.50 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 354.42 730.25 Td ( CASH FLOWS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.40 718.25 Td (Y) Tj ET Q q 0 0 0 rg BT 211.51 718.25 Td (ears ended December) Tj ET Q q 0 0 0 rg BT 302.97 718.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.47 718.25 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.47 718.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.47 718.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.47 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.59 718.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.59 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.00 706.25 Td (\(In thousands\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 695.45 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 672.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 672.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 672.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 672.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 672.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 672.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 672.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 642.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 642.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 642.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 642.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 642.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 642.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 642.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 612.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 612.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 612.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 612.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 612.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 612.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 612.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 582.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 582.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 582.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 582.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 582.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 582.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 582.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 552.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 552.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 552.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 552.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 552.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 552.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 552.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 522.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 522.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 522.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 522.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 522.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 522.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 522.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 492.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 492.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 492.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 492.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 492.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 492.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 492.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 462.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 462.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 462.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 462.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 462.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 462.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 462.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 432.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 432.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 432.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 432.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 432.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 432.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 432.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 402.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 402.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 402.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 402.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 402.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 402.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 402.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 372.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 372.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 372.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 372.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 372.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 372.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 372.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 342.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 342.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 342.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 342.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 342.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 342.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 342.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 312.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 312.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 312.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 312.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 312.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 312.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 312.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 282.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 282.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 282.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 282.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 282.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 282.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 282.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 252.95 335.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 252.95 4.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 252.95 55.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 252.95 4.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 252.95 55.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 252.95 4.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 252.95 55.00 -19.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 218.95 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 218.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 218.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 218.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 218.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 218.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 218.95 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 672.95 m 443.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 672.95 m 502.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 672.95 m 561.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 672.95 m 443.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 672.95 m 502.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 672.95 m 561.5 672.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 537.95 m 443.5 537.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 537.95 m 502.5 537.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 537.95 m 561.5 537.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 537.95 m 502.5 537.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 537.95 m 561.5 537.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 297.95000000000005 m 443.5 297.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 297.95000000000005 m 502.5 297.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 297.95000000000005 m 561.5 297.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 297.95000000000005 m 502.5 297.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 297.95000000000005 m 561.5 297.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 267.95000000000005 m 443.5 267.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 253.95000000000005 m 443.5 253.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 251.95000000000005 m 443.5 251.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 267.95000000000005 m 502.5 267.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 253.95000000000005 m 502.5 253.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 251.95000000000005 m 502.5 251.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 267.95000000000005 m 561.5 267.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 253.95000000000005 m 561.5 253.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 251.95000000000005 m 561.5 251.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 203.95000000000005 m 443.5 203.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 189.95000000000005 m 443.5 189.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 187.95000000000005 m 443.5 187.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 203.95000000000005 m 502.5 203.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 189.95000000000005 m 502.5 189.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 187.95000000000005 m 502.5 187.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 203.95000000000005 m 561.5 203.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 189.95000000000005 m 561.5 189.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 187.95000000000005 m 561.5 187.95000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.50 677.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.50 677.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.50 677.03 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 662.62 Td (Net cash provided by operating activities \(Note 2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 662.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.60 662.62 Td (1,100,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 662.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 662.62 Td (1,146,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 662.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 662.62 Td (977,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 647.62 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 632.62 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 632.67 Td (\(259,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 632.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 632.67 Td (\(232,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 632.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 632.67 Td (\(208,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 632.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 617.62 Td (Origination of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.30 617.67 Td (\(3,751,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 617.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 617.67 Td (\(3,568,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 617.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.30 617.67 Td (\(3,244,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 617.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 602.62 Td (Collections on finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.60 602.62 Td (3,136,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 602.62 Td (3,013,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.60 602.62 Td (2,831,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 587.62 Td (Purchases of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 587.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 587.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 587.67 Td (\(4,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 587.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 572.62 Td (Sales and redemptions of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 572.62 Td (11,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 572.62 Td (41,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 572.62 Td (40,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 557.62 Td (Acquisition of business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 557.67 Td (\(59,910) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 557.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 557.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 557.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 542.62 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 542.62 Td (7,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 542.62 Td (1,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 542.62 Td (16,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 527.62 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 527.67 Td (\(915,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 527.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 527.67 Td (\(744,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 527.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 527.67 Td (\(568,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 527.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 512.62 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 497.62 Td (Proceeds from issuance of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 497.62 Td (595,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 497.62 Td (991,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 497.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 482.62 Td (Repayments of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 482.67 Td (\(610,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 482.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 482.67 Td (\(526,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 482.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 482.67 Td (\(27,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 482.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 467.62 Td (Proceeds from issuance of senior unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 467.62 Td (740,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 467.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 467.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 452.62 Td (Repayment of senior unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 452.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 452.67 Td (\(303,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 452.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 452.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 437.62 Td (Proceeds from securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.60 437.62 Td (1,195,668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 437.62 Td (847,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 437.62 Td (647,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 422.62 Td (Repayments of securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.30 422.67 Td (\(1,008,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 422.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 422.67 Td (\(834,856) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 422.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 422.67 Td (\(840,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 422.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 407.62 Td (Borrowings of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 407.62 Td (87,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 407.62 Td (84,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 407.62 Td (88,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 392.62 Td (Repayments of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 392.67 Td (\(72,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 392.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 392.67 Td (\(77,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 392.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 392.67 Td (\(78,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 392.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 377.62 Td (Net increase in credit facilities and unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 377.62 Td (469,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 377.62 Td (63,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 377.62 Td (371,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 362.62 Td (Net change in restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 362.62 Td (11,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 362.62 Td (22,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 362.62 Td (43,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 347.62 Td (Dividends paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 347.67 Td (\(249,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 347.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 347.67 Td (\(238,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 347.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 347.67 Td (\(187,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 347.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 332.62 Td (Purchase of common stock for treasury) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.30 332.67 Td (\(1,537,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 332.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 332.67 Td (\(615,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 332.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 332.67 Td (\(479,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 332.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 317.62 Td (Excess tax benefits from share-based payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 317.62 Td (3,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 317.62 Td (11,540) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 317.62 Td (19,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 302.62 Td (Issuance of common stock under employee stock option plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 302.62 Td (20,179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 302.62 Td (37,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 302.62 Td (50,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 287.62 Td (Net cash used by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 287.67 Td (\(354,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 287.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 287.67 Td (\(536,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 287.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 287.67 Td (\(393,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 287.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 272.62 Td (Effect of exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 272.67 Td (\(14,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 272.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 272.67 Td (\(25,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 272.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 272.67 Td (\(16,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 272.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 257.62 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 257.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 257.67 Td (\(184,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 257.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 257.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 257.67 Td (\(159,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 257.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 257.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 257.67 Td (\(1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 257.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 238.62 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 223.62 Td (Cash and cash equivalentsbeginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 223.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 223.62 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 223.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 223.62 Td (1,066,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 223.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.60 223.62 Td (1,068,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 208.62 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 208.67 Td (\(184,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 208.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 208.67 Td (\(159,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 208.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 208.67 Td (\(1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 208.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 193.62 Td (Cash and cash equivalentsend of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 193.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 193.62 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 193.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 193.62 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 193.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.60 193.62 Td (1,066,612) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 165.45 Td (The accompanying notes are an integral part of the consolidated financial statements.) Tj ET Q endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 742.25 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 742.25 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 742.25 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 158.10 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 217.92 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 252.47 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 258.95 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 323.87 730.25 Td ( SHAREHOLDERS) Tj ET Q q 0 0 0 rg BT 412.31 730.25 Td ( EQUITY) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.40 718.25 Td (Y) Tj ET Q q 0 0 0 rg BT 211.51 718.25 Td (ears ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.84 718.25 Td (December) Tj ET Q q 0 0 0 rg BT 302.97 718.25 Td (31, 2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.47 718.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.47 718.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.47 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.59 718.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.59 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.45 706.25 Td (\(In thousands, except shar) Tj ET Q q 0 0 0 rg BT 338.51 706.25 Td (e amounts\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 659.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 659.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 659.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 659.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 659.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 659.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 659.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 659.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 659.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 627.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 627.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 627.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 627.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 627.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 627.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 627.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 627.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 595.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 595.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 595.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 595.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 595.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 595.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 595.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 595.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 595.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 563.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 563.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 563.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 563.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 563.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 563.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 563.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 563.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 563.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 531.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 531.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 531.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 531.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 531.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 531.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 531.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 531.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 531.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 499.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 499.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 499.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 499.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 499.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 499.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 499.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 499.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 499.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 467.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 467.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 467.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 467.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 467.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 467.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 467.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 467.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 467.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 435.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 435.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 435.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 435.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 435.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 435.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 435.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 435.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 403.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 403.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 403.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 403.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 403.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 403.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 403.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 403.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 403.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 371.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 371.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 371.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 371.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 371.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 371.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 371.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 371.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 371.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 339.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 339.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 339.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 339.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 339.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 339.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 339.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 339.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 339.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 307.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 307.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 307.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 307.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 307.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 307.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 307.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 307.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 307.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 275.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 275.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 275.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 275.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 275.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 275.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 275.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 275.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 275.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 243.75 138.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 192.50 243.75 56.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 243.75 36.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 243.75 46.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 243.75 50.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 243.75 57.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 243.75 51.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 243.75 4.00 -16.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 243.75 50.00 -16.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 683.75 m 248.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 683.75 m 252.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 683.75 m 288.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 659.75 m 248.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 659.75 m 288.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 659.75 m 338.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 659.75 m 392.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 659.75 m 453.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 659.75 m 508.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 659.75 m 562.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 659.75 m 248.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 659.75 m 288.5 659.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 515.75 m 248.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 500.75 m 248.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 498.75 m 248.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 515.75 m 288.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 500.75 m 288.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 498.75 m 288.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 515.75 m 338.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 500.75 m 338.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 498.75 m 338.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 515.75 m 392.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 500.75 m 392.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 498.75 m 392.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 515.75 m 453.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 500.75 m 453.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 498.75 m 453.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 515.75 m 508.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 500.75 m 508.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 498.75 m 508.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 515.75 m 562.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 500.75 m 562.5 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 498.75 m 562.5 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 371.75 m 248.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 356.75 m 248.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 354.75 m 248.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 371.75 m 288.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 356.75 m 288.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 354.75 m 288.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 371.75 m 338.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 356.75 m 338.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 354.75 m 338.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 371.75 m 392.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 356.75 m 392.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 354.75 m 392.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 371.75 m 453.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 356.75 m 453.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 354.75 m 453.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 371.75 m 508.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 356.75 m 508.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 354.75 m 508.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 371.75 m 562.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 356.75 m 562.5 356.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 354.75 m 562.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 227.75 m 248.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 212.75 m 248.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 192.5 210.75 m 248.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 227.75 m 288.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 212.75 m 288.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 210.75 m 288.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 227.75 m 338.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 212.75 m 338.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 210.75 m 338.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 227.75 m 392.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 212.75 m 392.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 210.75 m 392.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 227.75 m 453.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 212.75 m 453.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 210.75 m 453.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 227.75 m 508.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 212.75 m 508.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 210.75 m 508.5 210.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 227.75 m 562.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 212.75 m 562.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 210.75 m 562.5 210.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 687.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.65 687.83 Td (Common Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.75 679.98 Td (Additional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.75 671.98 Td (paid-in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.40 663.98 Td (capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.65 671.98 Td (Retained) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.40 663.98 Td (Earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.80 687.83 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.35 679.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.00 671.83 Td (compr) Tj ET Q q 0 0 0 rg BT 421.07 671.83 Td (ehensive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.25 663.83 Td (loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.05 671.98 Td (T) Tj ET Q q 0 0 0 rg BT 471.79 671.98 Td (r) Tj ET Q q 0 0 0 rg BT 475.20 671.98 Td (easury) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.90 663.98 Td (Balance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.25 663.98 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 664.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 209.10 671.98 Td (Issued) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.50 663.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 224.80 663.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.40 663.98 Td (Balance) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 647.80 Td (Balance December 31, 2012) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 210.65 647.80 Td (341,265,838) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 255.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 269.90 647.80 Td (3,413) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 295.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 307.60 647.80 Td (1,066,069) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 345.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 361.65 647.80 Td (7,306,424) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 399.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 647.85 Td (\(607,678) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 647.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 475.30 647.85 Td (\(5,210,604) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 647.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 515.00 647.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 531.65 647.80 Td (2,557,624) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 631.80 Td (Net income) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 631.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 631.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 631.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 366.90 631.80 Td (733,993) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 631.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 631.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.90 631.80 Td (733,993) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 620.40 Td (Total other comprehensive loss, net of tax) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 613.45 Td (\(Note 10\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 615.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 615.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 615.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 615.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 427.90 615.80 Td (275,002) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 615.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.90 615.80 Td (275,002) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 599.80 Td (Dividends) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 599.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 599.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 599.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 364.55 599.85 Td (\(187,688) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 389.65 599.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 599.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 599.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 599.85 Td (\(187,688) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 599.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 583.80 Td (Repurchase of common stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 583.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 583.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 583.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 583.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 583.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 480.55 583.85 Td (\(479,231) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 583.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 583.85 Td (\(479,231) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 583.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 572.40 Td (Share-based compensation and 401\(k\) match) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 565.45 Td (made with Treasury shares) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 567.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 567.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 567.80 Td (40,724) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 567.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 567.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 495.15 567.80 Td (784) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 567.80 Td (41,508) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 551.80 Td (Issuance of nonvested stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 222.90 551.80 Td (492,755) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 282.15 551.80 Td (5) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 329.80 551.85 Td (\(5) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 335.65 551.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 551.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 551.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 551.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 552.65 551.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 535.80 Td (Exercise of stock options) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 217.65 535.80 Td (1,398,638) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 535.80 Td (14) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 535.80 Td (50,553) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 535.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 535.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 535.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 535.80 Td (50,567) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 524.40 Td (Tax benefit of stock options and nonvested) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 517.45 Td (stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 519.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 519.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 519.80 Td (17,711) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 519.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 519.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 519.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 519.80 Td (17,711) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 503.80 Td (Balance December 31, 2013) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 210.65 503.80 Td (343,157,231) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 255.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 269.90 503.80 Td (3,432) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 295.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 307.60 503.80 Td (1,175,052) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 345.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 361.65 503.80 Td (7,852,729) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 399.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 503.85 Td (\(332,676) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 503.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 475.30 503.85 Td (\(5,689,051) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 503.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 515.00 503.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 531.65 503.80 Td (3,009,486) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 487.80 Td (Net income) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 487.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 487.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 487.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 366.90 487.80 Td (844,611) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 487.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 487.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.90 487.80 Td (844,611) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 476.40 Td (Total other comprehensive income, net of tax) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 469.45 Td (\(Note 10\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 471.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 471.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 471.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 471.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 471.85 Td (\(182,267) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 471.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 471.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 471.85 Td (\(182,267) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 471.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 455.80 Td (Dividends) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 455.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 455.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 455.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 364.55 455.85 Td (\(238,300) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 389.65 455.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 455.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 455.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 455.85 Td (\(238,300) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 455.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 439.80 Td (Repurchase of common stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 439.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 439.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 439.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 439.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 439.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 480.55 439.85 Td (\(615,602) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 439.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 439.85 Td (\(615,602) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 439.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 428.40 Td (Share-based compensation and 401\(k\) match) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 421.45 Td (made with Treasury shares) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 423.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 423.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 423.80 Td (40,848) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 423.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 423.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 489.90 423.80 Td (1,143) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 423.80 Td (41,991) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 407.80 Td (Issuance of nonvested stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 226.40 407.80 Td (15,891) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 552.65 407.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 391.80 Td (Exercise of stock options) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 217.65 391.80 Td (1,001,531) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 391.80 Td (10) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 391.80 Td (37,775) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 391.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 391.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 391.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 391.80 Td (37,785) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 380.40 Td (Tax benefit of stock options and nonvested) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 373.45 Td (stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 375.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 375.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 375.80 Td (11,582) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 375.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 375.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 375.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 375.80 Td (11,582) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 359.80 Td (Balance December 31, 2014) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 210.65 359.80 Td (344,174,653) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 255.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 269.90 359.80 Td (3,442) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 295.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 307.60 359.80 Td (1,265,257) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 345.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 361.65 359.80 Td (8,459,040) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 399.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 359.85 Td (\(514,943) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 359.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 475.30 359.85 Td (\(6,303,510) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 359.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 515.00 359.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 531.65 359.80 Td (2,909,286) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 343.80 Td (Net income) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 343.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 343.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 343.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 366.90 343.80 Td (752,207) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 343.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 343.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 536.90 343.80 Td (752,207) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 332.40 Td (Total other comprehensive loss, net of tax) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 325.45 Td (\(Note 10\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 327.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 327.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 327.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 327.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 327.85 Td (\(100,262) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 327.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 327.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 327.85 Td (\(100,262) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 327.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 311.80 Td (Dividends) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 311.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 311.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 311.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 364.55 311.85 Td (\(249,262) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 389.65 311.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 311.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 311.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 534.55 311.85 Td (\(249,262) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 311.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 295.80 Td (Repurchase of common stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 295.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 295.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 328.65 295.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 295.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 295.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 475.30 295.85 Td (\(1,537,020) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 295.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 529.30 295.85 Td (\(1,537,020) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 559.65 295.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 284.40 Td (Share-based compensation and 401\(k\) match) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 277.45 Td (made with Treasury shares) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 279.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 279.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 279.80 Td (39,457) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 279.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 279.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 489.90 279.80 Td (1,394) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 279.80 Td (40,851) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 263.80 Td (Issuance of nonvested stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 222.90 263.80 Td (162,193) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 282.15 263.80 Td (2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 329.80 263.85 Td (\(2) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 335.65 263.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 263.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 263.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 263.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 552.65 263.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 247.80 Td (Exercise of stock options) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 222.90 247.80 Td (518,858) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 282.15 247.80 Td (5) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 316.40 247.80 Td (20,174) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 247.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 247.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 247.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 540.40 247.80 Td (20,179) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 236.40 Td (Tax benefit of stock options and nonvested) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 229.45 Td (stock) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 238.65 231.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 278.65 231.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 319.90 231.80 Td (3,675) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 382.65 231.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 443.65 231.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 498.65 231.80 Td () Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 543.90 231.80 Td (3,675) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 53.00 215.80 Td (Balance December 31, 2015) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 210.65 215.80 Td (344,855,704) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 255.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 269.90 215.80 Td (3,449) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 295.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 307.60 215.80 Td (1,328,561) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 345.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 361.65 215.80 Td (8,961,985) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 399.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 425.55 215.85 Td (\(615,205) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 450.65 215.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 460.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 475.30 215.85 Td (\(7,839,136) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.65 215.80 Td (\)) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 515.00 215.80 Td ($) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 531.65 215.80 Td (1,839,654) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 202.65 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.50 190.65 Td (The accompanying notes are an integral part of the consolidated financial statements.) Tj ET Q endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 742.25 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 742.25 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 742.25 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.30 730.25 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 211.52 730.25 Td (T) Tj ET Q q 0 0 0 rg BT 218.01 730.25 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 288.11 730.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 367.29 730.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 381.28 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 387.76 730.25 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (1. Summary of Significant ) Tj ET Q q 0 0 0 rg BT 173.62 709.25 Td (Accounting Policies) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 688.25 Td (Principles of Consolidation and Basis of Pr) Tj ET Q q 0 0 0 rg BT 248.63 688.25 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.74 688.25 Td ( ) Tj ET Q q 0 0 0 rg BT 299.56 688.25 Td (The consolidated financial statements include the accounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.25 Td (Harley-Davidson, Inc. and its wholly-owned subsidiaries \(the Company\), including the accounts of the groups of companies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.25 Td (doing business as Harley-Davidson Motor Company \(HDMC\) and Harley-Davidson Financial Services \(HDFS\). In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.25 Td (certain variable interest entities \(VIEs\) related to secured financing are consolidated as the Company is the primary beneficiary) Tj ET Q q 0 0 0 rg BT 557.76 652.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.25 Td (All intercompany accounts and transactions are eliminated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 619.25 Td (All of the Company) Tj ET Q q 0 0 0 rg BT 156.49 619.25 Td (s subsidiaries are wholly owned and are included in the consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (Substantially all of the Company) Tj ET Q q 0 0 0 rg BT 184.43 607.25 Td (s international subsidiaries use their respective local currency as their functional currency) Tj ET Q q 0 0 0 rg BT 541.69 607.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.25 Td (Assets and liabilities of international subsidiaries have been translated at period-end exchange rates, and revenues and expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 583.25 Td (have been translated using average exchange rates for the period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 562.25 Td (The Company operates in two principal reportable segments: Motorcycles& Related Products \(Motorcycles\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Financial Services.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 529.25 Td (Use of Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.22 529.25 Td ( ) Tj ET Q q 0 0 0 rg BT 151.04 529.25 Td (The preparation of financial statements in conformity with U.S. generally accepted accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 517.25 Td (principles \(U.S. GAAP\) requires management to make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 405.01 517.25 Td (fect the amounts reported in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 505.25 Td (financial statements and accompanying notes. ) Tj ET Q q 0 0 0 rg BT 235.50 505.25 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 328.91 505.25 Td (fer from those estimates.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 484.25 Td (Cash and Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.83 484.25 Td ( ) Tj ET Q q 0 0 0 rg BT 194.65 484.25 Td (The Company considers all highly liquid investments with a maturity of three months or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.25 Td (less when purchased to be cash equivalents.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 451.25 Td (Marketable Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.03 451.25 Td ( ) Tj ET Q q 0 0 0 rg BT 171.85 451.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 231.56 451.25 Td (s marketable securities consisted of the following at December 31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 557.30 451.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 428.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 428.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 428.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 428.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 428.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 398.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 398.75 84.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 428.75 m 474.5 428.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 428.75 m 562.5 428.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 398.75 m 474.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 398.75 m 562.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 398.75 m 474.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 384.75 m 474.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 382.75 m 474.5 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 398.75 m 562.5 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 384.75 m 562.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 382.75 m 562.5 382.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.50 432.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 432.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.42 Td (Available-for-sale securities: corporate bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 418.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 418.42 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 418.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 418.42 Td (57,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.42 Td (Trading securities: mutual funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 403.42 Td (36,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 403.42 Td (33,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 388.42 Td (Total marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 388.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 388.42 Td (81,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 388.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 388.42 Td (91,140) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 363.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 363.25 Td (s available-for) Tj ET Q q 0 0 0 rg BT 190.98 363.25 Td (-sale securities are carried at fair value with any unrealized gains or losses reported in other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (comprehensive income. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.30 351.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.30 351.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.73 351.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.73 351.25 Td (, the Company recognized gross unrealized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.95 351.25 Td (losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.85 351.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.18 351.25 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.07 351.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.51 351.25 Td ($0.7 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 339.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.55 339.25 Td (, or losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.60 339.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.50 339.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.93 339.25 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.83 339.25 Td (, net of tax, respectively) Tj ET Q q 0 0 0 rg BT 397.25 339.25 Td (, to adjust amortized cost to fair value. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (The marketable securities have contractual maturities that generally come due over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.01 327.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.01 327.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.79 327.25 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.79 327.25 Td ( months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 306.25 Td (The Company's trading securities relate to investments held by the Company to fund certain deferred compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 99.26 294.25 Td (The trading securities are carried at fair value with gains and losses recorded in net income and investments are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (included in other long-term assets on the consolidated balance sheets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 261.25 Td (Accounts Receivable, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.90 261.25 Td ( ) Tj ET Q q 0 0 0 rg BT 185.72 261.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 245.43 261.25 Td (s motorcycles and related products are sold to independent dealers outside the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.25 Td (U.S. and Canada generally on open account and the resulting receivables are included in accounts receivable in the Company) Tj ET Q q 0 0 0 rg BT 553.71 249.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.25 Td (consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 165.33 237.25 Td (The allowance for doubtful accounts deducted from total accounts receivable was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.37 237.25 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.26 237.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.25 Td ($3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 225.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.05 225.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.64 225.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.07 225.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.07 225.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 293.74 225.25 Td (. ) Tj ET Q q 0 0 0 rg BT 298.18 225.25 Td (Accounts receivable are written down once management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.25 Td (determines that the specific customer does not have the ability to repay the balance in full. ) Tj ET Q q 0 0 0 rg BT 413.31 213.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 473.02 213.25 Td (s sales of motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.25 Td (and related products in the U.S. and Canada are financed by the purchasing dealers through HDFS and the related receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.25 Td (are included in finance receivables in the consolidated balance sheets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 168.25 Td (Finance Receivables, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.90 168.25 Td ( Finance receivables include both retail and wholesale finance receivables, net, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.25 Td (amounts held by ) Tj ET Q q 0 0 0 rg BT 118.42 156.25 Td (VIEs. Finance receivables are recorded in the financial statements at amortized cost net of an allowance for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.25 Td (credit losses. ) Tj ET Q q 0 0 0 rg BT 103.97 144.25 Td (The provision for credit losses on finance receivables is char) Tj ET Q q 0 0 0 rg BT 346.21 144.25 Td (ged to earnings in amounts suf) Tj ET Q q 0 0 0 rg BT 468.51 144.25 Td (ficient to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.25 Td (allowance for credit losses at a level that is adequate to cover estimated losses of principal inherent in the existing portfolio. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.25 Td (Portions of the allowance for credit losses are specified to cover estimated losses on finance receivables specifically identified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.25 Td (for impairment. ) Tj ET Q q 0 0 0 rg BT 115.08 108.25 Td (The unspecified portion of the allowance covers estimated losses on finance receivables which are collectively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.25 Td (reviewed for impairment. Finance receivables are considered impaired when management determines it is probable that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.25 Td (Company will be unable to collect all amounts due according to the terms of the loan agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 63.25 Td (The retail portfolio primarily consists of a lar) Tj ET Q q 0 0 0 rg BT 254.60 63.25 Td (ge number of small balance, homogeneous finance receivables. ) Tj ET Q q 0 0 0 rg BT 509.87 63.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.25 Td (Company performs a periodic and systematic collective evaluation of the adequacy of the retail allowance for credit losses. ) Tj ET Q q 0 0 0 rg BT 544.91 51.25 Td (The ) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Company utilizes loss forecast models which consider a variety of factors including, but not limited to, historical loss trends, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (origination or vintage analysis, known and inherent risks in the portfolio, the value of the underlying collateral, recovery rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (and current economic conditions including items such as unemployment rates. Retail finance receivables are not evaluated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (individually for impairment prior to char) Tj ET Q q 0 0 0 rg BT 212.83 706.10 Td (ge-of) Tj ET Q q 0 0 0 rg BT 233.75 706.10 Td (f and therefore are not reported as impaired loans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 685.10 Td (The wholesale portfolio is primarily composed of lar) Tj ET Q q 0 0 0 rg BT 285.15 685.10 Td (ge balance, non-homogeneous loans. ) Tj ET Q q 0 0 0 rg BT 434.93 685.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 494.64 685.10 Td (s wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (allowance evaluation is first based on a loan-by-loan review) Tj ET Q q 0 0 0 rg BT 289.82 673.10 Td (. ) Tj ET Q q 0 0 0 rg BT 294.27 673.10 Td (A) Tj ET Q q 0 0 0 rg BT 300.94 673.10 Td ( specific allowance for credit losses is established for wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (finance receivables determined to be individually impaired when management concludes that the borrower will not be able to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (make full payment of contractual amounts due based on the original terms of the loan agreement. ) Tj ET Q q 0 0 0 rg BT 441.08 649.10 Td (The impairment is determined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (based on the cash that the Company expects to receive discounted at the loan) Tj ET Q q 0 0 0 rg BT 360.73 637.10 Td (s original interest rate or the fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (collateral, if the loan is collateral-dependent. In establishing the allowance, management considers a number of factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (including the specific borrower) Tj ET Q q 0 0 0 rg BT 175.61 613.10 Td () Tj ET Q q 0 0 0 rg BT 178.38 613.10 Td (s financial performance as well as ability to repay) Tj ET Q q 0 0 0 rg BT 376.54 613.10 Td (. Finance receivables in the wholesale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (portfolio that are not individually evaluated for impairment are segregated, based on similar risk characteristics, according to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.10 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 589.10 Td (s internal risk rating system and collectively evaluated for impairment. ) Tj ET Q q 0 0 0 rg BT 391.39 589.10 Td (The related allowance is based on factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (such as the Company) Tj ET Q q 0 0 0 rg BT 138.04 577.10 Td (s past loan loss experience, current economic conditions as well as the value of the underlying collateral.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 556.10 Td (Impaired finance receivables also include loans that have been modified in troubled debt restructurings as a concession to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (borrowers experiencing financial dif) Tj ET Q q 0 0 0 rg BT 195.59 544.10 Td (ficulty) Tj ET Q q 0 0 0 rg BT 221.04 544.10 Td (. Generally) Tj ET Q q 0 0 0 rg BT 264.82 544.10 Td (, it is the Company) Tj ET Q q 0 0 0 rg BT 343.43 544.10 Td (s policy not to change the terms and conditions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (finance receivables. However) Tj ET Q q 0 0 0 rg BT 168.14 532.10 Td (, to minimize the economic loss, the Company may modify certain impaired finance receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (in troubled debt restructurings. ) Tj ET Q q 0 0 0 rg BT 175.63 520.10 Td (T) Tj ET Q q 0 0 0 rg BT 181.04 520.10 Td (otal restructured finance receivables are not significant.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 499.10 Td (Repossessed inventory representing recovered collateral on impaired finance receivables is recorded at the lower of cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (or net realizable value. In the period during which the collateral is repossessed, the related finance receivable is adjusted to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (fair value of the collateral through a char) Tj ET Q q 0 0 0 rg BT 213.35 475.10 Td (ge to the allowance for credit losses and reclassified to repossessed inventory) Tj ET Q q 0 0 0 rg BT 521.77 475.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (Repossessed inventory is included in other current assets and was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.94 463.10 Td ($17.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.83 463.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.27 463.10 Td ($13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.16 463.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.38 463.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.96 463.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 451.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.66 451.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 430.10 Td (Asset-Backed Financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.97 430.10 Td ( ) Tj ET Q q 0 0 0 rg BT 181.29 430.10 Td (The Company participates in asset-backed financing both through term asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (securitization transactions and through asset-backed commercial paper conduit facilities. ) Tj ET Q q 0 0 0 rg BT 406.91 418.10 Td (The Company treats these transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (as secured borrowing because either they are transferred to consolidated ) Tj ET Q q 0 0 0 rg BT 340.81 406.10 Td (VIEs or the Company maintains ef) Tj ET Q q 0 0 0 rg BT 479.76 406.10 Td (fective control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (the assets and does not meet the accounting sale requirements under ) Tj ET Q q 0 0 0 rg BT 324.08 394.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 345.85 394.10 Td (T) Tj ET Q q 0 0 0 rg BT 351.26 394.10 Td (opic 860, "T) Tj ET Q q 0 0 0 rg BT 400.82 394.10 Td (ransfers and Servicing." In the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (Company's asset-backed financing programs, the Company transfers retail motorcycle finance receivables to special purpose ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (entities \(SPE\), which are considered ) Tj ET Q q 0 0 0 rg BT 197.55 370.10 Td (VIEs under U.S. GAAP) Tj ET Q q 0 0 0 rg BT 292.28 370.10 Td (. Each SPE then converts those assets into cash, through the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (issuance of debt. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 337.10 Td (The Company is required to consolidate any ) Tj ET Q q 0 0 0 rg BT 253.50 337.10 Td (VIEs in which it is deemed to be the primary beneficiary through having ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (power over the significant activities of the entity and having an obligation to absorb losses or the right to receive benefits from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (the ) Tj ET Q q 0 0 0 rg BT 64.54 313.10 Td (VIE which are potentially significant to the ) Tj ET Q q 0 0 0 rg BT 240.14 313.10 Td (VIE. ) Tj ET Q q 0 0 0 rg BT 261.62 313.10 Td (The Company is considered to have the power over the significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (activities of its term asset-backed securitization and asset-backed U.S. commercial paper conduit facility ) Tj ET Q q 0 0 0 rg BT 470.50 301.10 Td (VIEs due to its role as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (servicer) Tj ET Q q 0 0 0 rg BT 81.09 289.10 Td (. Servicing fees are typically not considered potentially significant variable interests in a ) Tj ET Q q 0 0 0 rg BT 436.35 289.10 Td (VIE. However) Tj ET Q q 0 0 0 rg BT 494.26 289.10 Td (, the Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (retains a residual interest in the ) Tj ET Q q 0 0 0 rg BT 177.00 277.10 Td (VIEs in the form of a debt security) Tj ET Q q 0 0 0 rg BT 315.47 277.10 Td (, which gives the Company the right to receive benefits that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (could be potentially significant to the ) Tj ET Q q 0 0 0 rg BT 201.45 265.10 Td (VIE. ) Tj ET Q q 0 0 0 rg BT 222.93 265.10 Td (Therefore, the Company is the primary beneficiary and consolidates all of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (VIEs within its consolidated financial statements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 232.10 Td (The Company is not the primary beneficiary of the asset-backed Canadian commercial paper conduit facility ) Tj ET Q q 0 0 0 rg BT 511.16 232.10 Td (VIE; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (therefore, the Company does not consolidate the ) Tj ET Q q 0 0 0 rg BT 245.87 220.10 Td (VIE. However) Tj ET Q q 0 0 0 rg BT 303.78 220.10 Td (, the Company treats the conduit facility as a secured borrowing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (as it maintains ef) Tj ET Q q 0 0 0 rg BT 117.86 208.10 Td (fective control over the assets transferred to the ) Tj ET Q q 0 0 0 rg BT 309.82 208.10 Td (VIE and therefore does not meet the requirements for sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (accounting under ) Tj ET Q q 0 0 0 rg BT 121.09 196.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 142.86 196.10 Td (T) Tj ET Q q 0 0 0 rg BT 148.27 196.10 Td (opic 860. ) Tj ET Q q 0 0 0 rg BT 187.44 196.10 Td (As such, the Company retains the transferred assets and the related debt within its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (Consolidated Balance Sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 163.10 Td (Servicing fees paid by ) Tj ET Q q 0 0 0 rg BT 165.46 163.10 Td (VIEs to the Company are eliminated in consolidation and therefore are not recorded on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.10 Td (consolidated basis. ) Tj ET Q q 0 0 0 rg BT 127.86 151.10 Td (The Company is not required, and does not currently intend, to provide any additional financial support to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (its ) Tj ET Q q 0 0 0 rg BT 61.77 139.10 Td (VIEs. Investors and creditors only have recourse to the assets held by the ) Tj ET Q q 0 0 0 rg BT 356.50 139.10 Td (VIEs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 118.10 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.99 118.10 Td ( Inventories are valued at the lower of cost or market. Substantially all inventories located in the United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (States are valued using the last-in, first-out \(LIFO\) method. Other inventories totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.48 106.10 Td ($266.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.37 106.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.59 106.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.17 106.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 94.10 Td ($232.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 94.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.05 94.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.63 94.10 Td ( are valued at the lower of cost or market using the first-in, first-out \(FIFO\) method.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 73.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 83.63 73.10 Td (operty) Tj ET Q q 0 0 0 rg BT 108.62 73.10 Td (, Plant and Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.61 73.10 Td ( Property) Tj ET Q q 0 0 0 rg BT 242.40 73.10 Td (, plant and equipment is recorded at cost. Depreciation is determined on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.10 Td (straight-line basis over the estimated useful lives of the assets. ) Tj ET Q q 0 0 0 rg BT 301.15 61.10 Td (The following useful lives are used to depreciate the various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 49.10 Td (classes of property) Tj ET Q q 0 0 0 rg BT 124.33 49.10 Td (, plant and equipment: buildings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.48 49.10 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.48 49.10 Td ( years; building equipment and land improvements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.77 49.10 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.77 49.10 Td ( years; ) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (machinery and equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.85 742.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.85 742.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.63 742.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.63 742.10 Td ( years; furniture and fixtures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.48 742.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.48 742.10 Td ( years; and software ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.72 742.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.72 742.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 742.10 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.50 742.10 Td ( years. ) Tj ET Q q 0 0 0 rg BT 461.55 742.10 Td (Accelerated methods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (depreciation are used for income tax purposes.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.23 709.10 Td ( Goodwill represents the excess of acquisition cost over the fair value of the net assets purchased. Goodwill is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (tested for impairment, based on financial data related to the reporting unit to which it has been assigned, at least annually or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (whenever events or changes in circumstances indicate that the carrying value may not be recoverable. ) Tj ET Q q 0 0 0 rg BT 459.09 685.10 Td (The impairment test ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (involves comparing the estimated fair value of the reporting unit associated with the goodwill to its carrying amount, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (goodwill. If the carrying amount of the reporting unit exceeds its fair value, goodwill must be adjusted to its implied fair value. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 649.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.83 649.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.27 649.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.27 649.10 Td (, the Company performed a quantitative test on its goodwill balances for impairment and no adjustments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (were recorded to goodwill as a result of those reviews. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 616.10 Td (Long-lived ) Tj ET Q q 0 0 0 rg BT 119.64 616.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.64 616.10 Td ( ) Tj ET Q q 0 0 0 rg BT 154.46 616.10 Td (The Company periodically evaluates the carrying value of long-lived assets to be held and used when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (events and circumstances warrant such review) Tj ET Q q 0 0 0 rg BT 234.55 604.10 Td (. If the carrying value of a long-lived asset is considered impaired, a loss is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset for assets to be held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (and used. ) Tj ET Q q 0 0 0 rg BT 90.09 580.10 Td (The Company also reviews the useful life of its long-lived assets when events and circumstances indicate that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (actual useful life may be shorter than originally estimated. In the event that the actual useful life is deemed to be shorter than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (the original useful life, depreciation is adjusted prospectively so that the remaining book value is depreciated over the revised ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (useful life.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 523.10 Td (Asset groups classified as held for sale are measured at the lower of carrying amount or fair value less cost to sell, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (loss is recognized for any initial adjustment required to reduce the carrying amount to the fair value less cost to sell in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (period the held for sale criteria are met. ) Tj ET Q q 0 0 0 rg BT 210.02 499.10 Td (The fair value less cost to sell must be assessed each reporting period the asset group ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (remains classified as held for sale. Gains or losses not previously recognized resulting from the sale of an asset group will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (recognized on the date of sale.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 454.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 83.63 454.10 Td (oduct W) Tj ET Q q 0 0 0 rg BT 115.76 454.10 Td (arranty and Recall Campaigns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.36 454.10 Td ( ) Tj ET Q q 0 0 0 rg BT 249.18 454.10 Td (The Company currently provides a standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.46 454.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.46 454.10 Td (-year limited warranty on all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (new motorcycles sold worldwide, except for Japan, where the Company provides a standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.28 442.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.26 442.10 Td (-year limited warranty on all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (new motorcycles sold. In addition, the Company of) Tj ET Q q 0 0 0 rg BT 255.06 430.10 Td (fers a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.49 430.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.93 430.10 Td (-year warranty for Parts & ) Tj ET Q q 0 0 0 rg BT 401.39 430.10 Td (Accessories \(P&A\). ) Tj ET Q q 0 0 0 rg BT 483.69 430.10 Td (The warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (coverage for the retail customer generally begins when the product is sold to a retail customer) Tj ET Q q 0 0 0 rg BT 424.59 418.10 Td (. ) Tj ET Q q 0 0 0 rg BT 429.41 418.10 Td (The Company maintains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (reserves for future warranty claims using an estimated cost, which are based primarily on historical Company claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (information. ) Tj ET Q q 0 0 0 rg BT 101.66 394.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 151.56 394.10 Td (, the Company has from time to time initiated certain voluntary recall campaigns. ) Tj ET Q q 0 0 0 rg BT 479.34 394.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (reserves for all estimated costs associated with recalls in the period that management approves and commits to the recall.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 361.10 Td (Changes in the Company) Tj ET Q q 0 0 0 rg BT 177.60 361.10 Td (s warranty and recall liability were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.25 361.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.60 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 338.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 338.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 338.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 338.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 308.60 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 308.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 308.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 308.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 308.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.60 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 278.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 278.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 278.60 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 338.6 m 406.5 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 338.6 m 484.5 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 338.6 m 562.5 338.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 278.6 m 406.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 278.6 m 484.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 278.6 m 562.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 264.6 m 406.5 264.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 262.6 m 406.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 278.6 m 484.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 264.6 m 484.5 264.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 262.6 m 484.5 262.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 278.6 m 562.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 264.6 m 562.5 264.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 262.6 m 562.5 262.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 342.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 342.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 342.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 328.27 Td (69,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 328.27 Td (64,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 328.27 Td (60,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.27 Td (Warranties issued during the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 313.27 Td (59,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 313.27 Td (60,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 313.27 Td (59,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 298.27 Td (Settlements made during the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 298.32 Td (\(96,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 298.32 Td (\(74,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 298.32 Td (\(64,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 298.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.27 Td (Recalls and changes to pre-existing warranty liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 283.27 Td (42,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 283.27 Td (19,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 283.27 Td (9,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 268.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 268.27 Td (74,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 268.27 Td (69,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 268.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 268.27 Td (64,120) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 243.10 Td (The liability for recall campaigns was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.83 243.10 Td ($10.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.72 243.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.72 243.10 Td ($9.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.62 243.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.05 243.10 Td ($4.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.95 243.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.16 243.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.75 243.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.75 243.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.75 243.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.19 243.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.19 243.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 231.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 210.10 Td (Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.31 210.10 Td ( ) Tj ET Q q 0 0 0 rg BT 217.13 210.10 Td (The Company is exposed to certain risks such as foreign currency exchange rate risk, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (interest rate risk and commodity price risk. ) Tj ET Q q 0 0 0 rg BT 224.21 198.10 Td (T) Tj ET Q q 0 0 0 rg BT 229.62 198.10 Td (o reduce its exposure to such risks, the Company selectively uses derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.10 Td (financial instruments. ) Tj ET Q q 0 0 0 rg BT 138.59 186.10 Td (All derivative transactions are authorized and executed pursuant to regularly reviewed policies and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (procedures, which prohibit the use of financial instruments for speculative trading purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 153.10 Td (All derivative instruments are recognized on the balance sheet at fair value \(see Note 7\). In accordance with ) Tj ET Q q 0 0 0 rg BT 507.42 153.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 529.20 153.10 Td (T) Tj ET Q q 0 0 0 rg BT 534.61 153.10 Td (opic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (815, Derivatives and Hedging, the accounting for changes in the fair value of a derivative instrument depends on whether it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.10 Td (has been designated and qualifies as part of a hedging relationship and, further) Tj ET Q q 0 0 0 rg BT 363.66 129.10 Td (, on the type of hedging relationship. Changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.10 Td (the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.10 Td (recorded in current period earnings. For derivative instruments that are designated as cash flow hedges, the ef) Tj ET Q q 0 0 0 rg BT 488.00 105.10 Td (fective portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.10 Td (gains and losses that result from changes in the fair value of derivative instruments is initially recorded in other comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.10 Td (income \(OCI\) and subsequently reclassified into earnings when the hedged item af) Tj ET Q q 0 0 0 rg BT 380.55 81.10 Td (fects income. ) Tj ET Q q 0 0 0 rg BT 436.18 81.10 Td (The Company assesses, at both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.10 Td (the inception of each hedge and on an on-going basis, whether the derivatives that are used in its hedging transactions are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.10 Td (highly ef) Tj ET Q q 0 0 0 rg BT 85.64 57.10 Td (fective in of) Tj ET Q q 0 0 0 rg BT 133.77 57.10 Td (fsetting changes in cash flows of the hedged items. ) Tj ET Q q 0 0 0 rg BT 339.28 57.10 Td (Any inef) Tj ET Q q 0 0 0 rg BT 374.37 57.10 Td (fective portion is immediately recognized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.10 Td (earnings. No component of a hedging derivative instrument) Tj ET Q q 0 0 0 rg BT 291.05 45.10 Td (s gain or loss is excluded from the assessment of hedge ) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 742.10 Td (fectiveness. Derivative instruments that do not qualify for hedge accounting are recorded at fair value and any changes in fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (value are recorded in current period earnings. Refer to Note 9 for a detailed description of the Company) Tj ET Q q 0 0 0 rg BT 468.17 730.10 Td (s derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (instruments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 697.10 Td (Motor) Tj ET Q q 0 0 0 rg BT 98.63 697.10 Td (cycles and Related Pr) Tj ET Q q 0 0 0 rg BT 185.72 697.10 Td (oducts Revenue Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.01 697.10 Td ( Sales are recorded when title and ownership is transferred, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (which is generally when products are shipped to wholesale customers \(independent dealers\). ) Tj ET Q q 0 0 0 rg BT 422.20 685.10 Td (The Company may of) Tj ET Q q 0 0 0 rg BT 509.50 685.10 Td (fer sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (incentive programs to both wholesale and retail customers designed to promote the sale of motorcycles and related products. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (The total costs of these programs are generally recognized as revenue reductions and are accrued at the later of the date the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (related sales are recorded or the date the incentive program is both approved and communicated.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 628.10 Td (Financial Services Revenue Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.88 628.10 Td ( Interest income on finance receivables is recorded as earned and is based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (the average outstanding daily balance for wholesale and retail receivables. ) Tj ET Q q 0 0 0 rg BT 349.04 616.10 Td (Accrued and uncollected interest is classified with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (finance receivables.Certain loan origination costs related to finance receivables, including payments made to dealers for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (certain retail loans, are deferred and recorded within finance receivables, and amortized over the estimated life of the contract.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 571.10 Td (Retail finance receivables are contractually delinquent if the minimum payment is not received by the specified due date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (Retail finance receivables are generally char) Tj ET Q q 0 0 0 rg BT 227.21 559.10 Td (ged-of) Tj ET Q q 0 0 0 rg BT 253.13 559.10 Td (f when the receivable is 120 days or more delinquent, the related asset is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (repossessed or the receivable is otherwise deemed uncollectible. ) Tj ET Q q 0 0 0 rg BT 309.07 547.10 Td (All retail finance receivables accrue interest until either ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (collected or char) Tj ET Q q 0 0 0 rg BT 116.45 535.10 Td (ged-of) Tj ET Q q 0 0 0 rg BT 142.36 535.10 Td (f. ) Tj ET Q q 0 0 0 rg BT 150.14 535.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 199.48 535.10 Td (, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.14 535.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.72 535.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.16 535.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.16 535.10 Td (, all retail finance receivables are accounted for as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (interest-earning receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 502.10 Td (Wholesale finance receivables are delinquent if the minimum payment is not received by the contractual due date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Wholesale finance receivables are written down once management determines that the specific borrower does not have the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (ability to repay the loan in full. Interest continues to accrue on past due finance receivables until the date the finance receivable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (becomes uncollectible and the finance receivable is placed on non-accrual status. ) Tj ET Q q 0 0 0 rg BT 376.34 466.10 Td (The Company will resume accruing interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (on these accounts when payments are current according to the terms of the loans and future payments are reasonably assured. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (While on non-accrual status, all cash received is applied to principal or interest as appropriate. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 421.10 Td (Insurance and protection product commissions as well as commissions on the sale of extended service contracts are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.10 Td (recognized when contractually earned. Deferred revenue related to extended service contracts was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.07 409.10 Td ($4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.96 409.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.40 409.10 Td ($5.7 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 397.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.05 397.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.64 397.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.07 397.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.07 397.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 273.74 397.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 376.10 Td (Resear) Tj ET Q q 0 0 0 rg BT 101.40 376.10 Td (ch and Development Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.30 376.10 Td ( Expenditures for research activities relating to product development and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (improvement are char) Tj ET Q q 0 0 0 rg BT 137.55 364.10 Td (ged against income as incurred and included within selling, administrative and engineering expenses in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.10 Td (the consolidated statement of income. Research and development expenses were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.60 352.10 Td ($161.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.50 352.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 352.10 Td ($138.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.39 352.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.83 352.10 Td ($152.2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 340.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.55 340.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.55 340.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.55 340.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.55 340.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.99 340.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.99 340.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 232.65 340.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 319.10 Td (Advertising Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.83 319.10 Td ( ) Tj ET Q q 0 0 0 rg BT 154.65 319.10 Td (The Company expenses the production cost of advertising the first time the advertising takes place. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (Advertising costs relate to the Company) Tj ET Q q 0 0 0 rg BT 213.58 307.10 Td (s ef) Tj ET Q q 0 0 0 rg BT 227.56 307.10 Td (forts to promote its products and brands through the use of media. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.73 307.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.73 307.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 295.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 295.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 295.10 Td (, the Company incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.36 295.10 Td ($1) Tj ET Q q 0 0 0 rg BT 215.99 295.10 Td (19.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.88 295.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.88 295.10 Td ($107.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.77 295.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.21 295.10 Td ($90.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.10 295.10 Td ( in advertising costs, respectively) Tj ET Q q 0 0 0 rg BT 534.47 295.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 274.10 Td (Shipping and Handling Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.07 274.10 Td ( ) Tj ET Q q 0 0 0 rg BT 201.89 274.10 Td (The Company classifies shipping and handling costs as a component of cost of goods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (sold.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 241.10 Td (Shar) Tj ET Q q 0 0 0 rg BT 92.52 241.10 Td (e-Based ) Tj ET Q q 0 0 0 rg BT 127.05 241.10 Td (A) Tj ET Q q 0 0 0 rg BT 132.60 241.10 Td (war) Tj ET Q q 0 0 0 rg BT 147.79 241.10 Td (d Compensation Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.80 241.10 Td ( ) Tj ET Q q 0 0 0 rg BT 247.62 241.10 Td (The Company recognizes the cost of its share-based awards in its statement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (income. ) Tj ET Q q 0 0 0 rg BT 84.25 229.10 Td (The total cost of the Company) Tj ET Q q 0 0 0 rg BT 208.39 229.10 Td (s equity awards is equal to their grant date fair value and is recognized as expense on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (straight-line basis over the service periods of the awards. ) Tj ET Q q 0 0 0 rg BT 279.75 217.10 Td (The total cost of the Company) Tj ET Q q 0 0 0 rg BT 403.89 217.10 Td (s liability for cash-settled awards is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (equal to their settlement date fair value. ) Tj ET Q q 0 0 0 rg BT 210.86 205.10 Td (The liability for cash-settled awards is revalued each period based on a recalculated fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.10 Td (value adjusted for vested awards. ) Tj ET Q q 0 0 0 rg BT 185.33 193.10 Td (T) Tj ET Q q 0 0 0 rg BT 190.74 193.10 Td (otal share-based award compensation expense recognized by the Company during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.18 193.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.18 193.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 181.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 181.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 181.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.99 181.10 Td ($29.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.88 181.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.88 181.10 Td ($37.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.77 181.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.21 181.10 Td ($41.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.10 181.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 368.76 181.10 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.59 181.10 Td ($18.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.49 181.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.49 181.10 Td ($23.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.38 181.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.82 181.10 Td ($26.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 169.10 Td ( net of taxes, respectively) Tj ET Q q 0 0 0 rg BT 180.15 169.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 148.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 110.57 148.10 Td (ax Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.83 148.10 Td ( ) Tj ET Q q 0 0 0 rg BT 165.65 148.10 Td (The Company recognizes interest and penalties related to unrecognized tax benefits in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (provision for income taxes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 110.10 Td (New ) Tj ET Q q 0 0 0 rg BT 70.83 110.10 Td (Accounting Standards) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 93.10 Td (Accounting Standar) Tj ET Q q 0 0 0 rg BT 129.34 93.10 Td (ds Not Y) Tj ET Q q 0 0 0 rg BT 162.32 93.10 Td (et ) Tj ET Q q 0 0 0 rg BT 171.86 93.10 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 72.10 Td (In May 2014, the Financial ) Tj ET Q q 0 0 0 rg BT 183.04 72.10 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 309.22 72.10 Td (ASB\) issued ) Tj ET Q q 0 0 0 rg BT 361.45 72.10 Td (Accounting Standards Update \(ASU\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (No.2014-09 Revenue from Contracts with Customers \(ASU No. 2014-09\). ) Tj ET Q q 0 0 0 rg BT 353.02 60.10 Td (ASU No.2014-09 is a comprehensive new revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.10 Td (recognition model that requires a company to recognize revenue to depict the transfer of goods or services to customers in an ) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (August 2015, the F) Tj ET Q q 0 0 0 rg BT 125.93 730.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 174.83 730.10 Td (ASU No. 2015-14 Revenue from Contracts with Customers: Deferral of Ef) Tj ET Q q 0 0 0 rg BT 474.86 730.10 Td (fective Date \(ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (No. 2015-14\) to defer the ef) Tj ET Q q 0 0 0 rg BT 162.00 718.10 Td (fective date of the new revenue recognition standard by one year to fiscal years beginning after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (December 15, 2017 and for interim periods therein. ) Tj ET Q q 0 0 0 rg BT 258.09 706.10 Td (The Company is currently evaluating the impact of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.10 Td (In February 2015, the F) Tj ET Q q 0 0 0 rg BT 166.46 685.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 215.37 685.10 Td (ASU No. 2015-02 ) Tj ET Q q 0 0 0 rg BT 290.37 685.10 Td (Amendments to the Consolidation ) Tj ET Q q 0 0 0 rg BT 429.25 685.10 Td (Analysis \(ASU 2015-02\). ) Tj ET Q q 0 0 0 rg BT 533.70 685.10 Td (ASU ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (No. 2015-02 amends the guidance within ) Tj ET Q q 0 0 0 rg BT 216.91 673.10 Td (Accounting Standards Codification \(ASC\) ) Tj ET Q q 0 0 0 rg BT 388.93 673.10 Td (T) Tj ET Q q 0 0 0 rg BT 394.34 673.10 Td (opic 810, "Consolidation, to change the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (analysis that a reporting entity must perform to determine whether it should consolidate certain legal entities. ) Tj ET Q q 0 0 0 rg BT 488.31 661.10 Td (The Company is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (required to adopt ) Tj ET Q q 0 0 0 rg BT 120.26 649.10 Td (ASU No. 2015-02 for fiscal years, and for interim periods within those fiscal years, beginning after December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (15, 2015. ) Tj ET Q q 0 0 0 rg BT 89.82 637.10 Td (The Company believes the adoption of ) Tj ET Q q 0 0 0 rg BT 247.01 637.10 Td (ASU No. 2015-02 will not have an impact on its financial results and will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (only impact the content of the current disclosure. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 604.10 Td (In ) Tj ET Q q 0 0 0 rg BT 82.78 604.10 Td (April 2015, the F) Tj ET Q q 0 0 0 rg BT 150.92 604.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 199.82 604.10 Td (ASU No. 2015-03 Simplifying the Presentation of Debt Issuance Costs \(ASU 2015-03\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (ASU No. 2015-03 amends the guidance within ) Tj ET Q q 0 0 0 rg BT 239.42 592.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 261.19 592.10 Td (T) Tj ET Q q 0 0 0 rg BT 266.60 592.10 Td (opic 835, "Interest) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 340.39 592.10 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.58 592.10 Td (, to require that debt issuance costs related to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability) Tj ET Q q 0 0 0 rg BT 551.95 580.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (consistent with debt premiums and discounts. In ) Tj ET Q q 0 0 0 rg BT 244.98 568.10 Td (August 2015, the F) Tj ET Q q 0 0 0 rg BT 320.91 568.10 Td (ASB further clarified their views on debt costs incurred in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (connection with a line of credit arrangement by issuing ) Tj ET Q q 0 0 0 rg BT 272.44 556.10 Td (ASU No. 2015-15 Presentation and Subsequent Measurement of Debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (Issuance Costs ) Tj ET Q q 0 0 0 rg BT 111.11 544.10 Td (Associated with Line-of-Credit ) Tj ET Q q 0 0 0 rg BT 238.02 544.10 Td (Arrangements \(ASU 2015-15\). ) Tj ET Q q 0 0 0 rg BT 364.11 544.10 Td (ASU No. 2015-15 amends the guidance within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 71.77 532.10 Td (T) Tj ET Q q 0 0 0 rg BT 77.18 532.10 Td (opic 835, Interest, to allow an entity to defer and present debt issuance costs associated with a line of credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (arrangement as an asset, regardless of whether there are any outstanding borrowings on the line of credit arrangement. ) Tj ET Q q 0 0 0 rg BT 525.20 520.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (Company plans to adopt both ) Tj ET Q q 0 0 0 rg BT 169.72 508.10 Td (ASUs for fiscal years beginning after December 15, 2015 and for interim periods therein, on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (retrospective basis. Upon adoption, the Company will reclassify debt issuance costs, other than debt issuance costs related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (line of credit arrangements, from other assets to debt on the balance sheet. ) Tj ET Q q 0 0 0 rg BT 348.88 484.10 Td (The Company intends to continue to classify debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.10 Td (issuance costs related to the line of credit arrangements as an asset, regardless of whether it has any outstanding borrowings on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (the line of credit arrangements. ) Tj ET Q q 0 0 0 rg BT 176.62 460.10 Td (At December 31, 2015, the Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.74 460.10 Td ($20.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.63 460.10 Td ( of debt issuance costs, which includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td ($2.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.89 448.10 Td ( of debt issuance costs related to line of credit arrangements, recorded as assets on the balance sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 427.10 Td (In September 2015, the F) Tj ET Q q 0 0 0 rg BT 173.13 427.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 222.03 427.10 Td (ASU No. 2015-16 Business Combinations \(T) Tj ET Q q 0 0 0 rg BT 403.00 427.10 Td (opic 805\): Simplifying the ) Tj ET Q q 0 0 0 rg BT 510.78 427.10 Td (Accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (for Measurement-Period ) Tj ET Q q 0 0 0 rg BT 149.97 415.10 Td (Adjustments \(ASU No. 2015-16\). ) Tj ET Q q 0 0 0 rg BT 287.19 415.10 Td (ASU No. 2015-16 eliminates the requirement for an acquirer in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (business combination to account for measurement-period adjustments retrospectively) Tj ET Q q 0 0 0 rg BT 390.64 403.10 Td (. ) Tj ET Q q 0 0 0 rg BT 395.09 403.10 Td (Acquirers must recognize measurement-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (period adjustments during the period in which they determine the amounts. ) Tj ET Q q 0 0 0 rg BT 352.53 391.10 Td (This would include any amounts they would have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (recorded in previous periods if the accounting had been completed at the acquisition date. ) Tj ET Q q 0 0 0 rg BT 411.08 379.10 Td (The Company is required to adopt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (ASU 2015-16 for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 139.80 355.10 Td (The Company does not anticipate any material impacts upon adopting this standard in 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 334.10 Td (In November 2015, the F) Tj ET Q q 0 0 0 rg BT 172.57 334.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 221.47 334.10 Td (ASU No. 2015-17 Income ) Tj ET Q q 0 0 0 rg BT 329.34 334.10 Td (T) Tj ET Q q 0 0 0 rg BT 334.75 334.10 Td (axes \(T) Tj ET Q q 0 0 0 rg BT 363.75 334.10 Td (opic 740\): Balance Sheet Classification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Deferred ) Tj ET Q q 0 0 0 rg BT 87.85 322.10 Td (T) Tj ET Q q 0 0 0 rg BT 93.26 322.10 Td (axes \(ASU No. 2015-17\). ) Tj ET Q q 0 0 0 rg BT 197.69 322.10 Td (ASU No. 2015-17 eliminates the requirement for a Company to separate deferred income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (tax liabilities and assets into current and noncurrent amounts on a classified statement of financial position and requires that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (deferred tax liabilities and assets be classified as noncurrent. ) Tj ET Q q 0 0 0 rg BT 294.17 298.10 Td (The Company is required to adopt ) Tj ET Q q 0 0 0 rg BT 433.04 298.10 Td (ASU 2015-17 for fiscal years, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (and for interim periods within those fiscal years, beginning after December 15, 2016 on either a retrospective or prospective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (basis. Early adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 188.96 274.10 Td (The Company is currently evaluating the timing and basis of adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 253.10 Td (In January 2016, the F) Tj ET Q q 0 0 0 rg BT 161.46 253.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 210.37 253.10 Td (ASU No. 2016-01 Financial Instruments-Overall \(Subtopic 825-10\): Recognition and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (Measurement of Financial ) Tj ET Q q 0 0 0 rg BT 156.91 241.10 Td (Assets and Financial Liabilities \(ASU No. 2016-01\). ) Tj ET Q q 0 0 0 rg BT 369.39 241.10 Td (ASU No. 2016-01 enhances the existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (financial instruments reporting model by modifying fair value measurement tools, simplifying impairment assessments for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (certain equity instruments, and modifying overall presentation and disclosure requirements. ) Tj ET Q q 0 0 0 rg BT 418.61 217.10 Td (The Company is required to adopt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (ASU 2016-01 for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017 on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.10 Td (prospective basis. ) Tj ET Q q 0 0 0 rg BT 123.41 193.10 Td (The Company is currently evaluating the impact of adoption. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (2.) Tj ET Q q 0 0 0 rg BT 66.95 172.10 Td (Additional Balance Sheet and Cash Flow Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 151.10 Td (The following information represents additional detail for selected line items included in the consolidated balance sheets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (at December31, and the statements of cash flows for the years ended December31.) Tj ET Q endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Balance Sheet Information:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Inventories, net \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 175.53 725.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 702.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 702.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 702.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 702.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 702.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 672.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 672.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 672.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 672.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 672.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 642.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 642.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 642.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 642.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 612.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 612.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 612.75 85.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 702.75 m 473.5 702.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 702.75 m 562.5 702.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 642.75 m 473.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 642.75 m 562.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 642.75 m 562.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 612.75 m 473.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 612.75 m 562.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 598.75 m 473.5 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 596.75 m 473.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 612.75 m 562.5 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 598.75 m 562.5 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 596.75 m 562.5 596.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.00 706.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.50 706.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 692.42 Td (Components at the lower of FIFO cost or market) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 677.42 Td (Raw materials and work in process) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 677.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 677.42 Td (161,704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 677.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 677.42 Td (151,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 662.42 Td (Motorcycle finished goods) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 662.42 Td (327,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 662.42 Td (230,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 647.42 Td (Parts and accessories and general merchandise) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 647.42 Td (145,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 647.42 Td (117,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 632.42 Td (Inventory at lower of FIFO cost or market) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 632.42 Td (635,175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 632.42 Td (498,773) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 617.42 Td (Excess of FIFO over LIFO cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.80 617.47 Td (\(49,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 617.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 617.47 Td (\(49,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 617.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 602.42 Td (Total inventories, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 602.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 602.42 Td (585,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 602.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 602.42 Td (448,871) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 577.25 Td (Inventory obsolescence reserves deducted from FIFO cost were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.13 577.25 Td ($26.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.03 577.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.46 577.25 Td ($17.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.36 577.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.52 577.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.10 577.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 565.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 565.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.60 565.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 539.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 539.25 Td (operty) Tj ET Q q 0 0 0 rg BT 84.62 539.25 Td (, plant and equipment, at cost \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 266.55 539.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 516.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 516.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 516.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 516.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 516.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 486.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 486.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 486.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 486.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 486.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 456.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 456.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 456.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 456.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 456.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 426.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 426.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 426.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 426.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 426.75 85.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 516.75 m 473.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 516.75 m 562.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 516.75 m 473.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 516.75 m 562.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 441.75 m 473.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 441.75 m 562.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 441.75 m 562.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 411.75 m 473.5 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 411.75 m 562.5 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 397.75 m 473.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 395.75 m 473.5 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 411.75 m 562.5 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 397.75 m 562.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 395.75 m 562.5 395.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.00 520.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.50 520.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 506.42 Td (Land and related improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 506.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 506.42 Td (56,554) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 506.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 506.42 Td (55,238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 491.42 Td (Buildings and related improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 491.42 Td (453,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 491.42 Td (475,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 476.42 Td (Machinery and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 476.42 Td (1,859,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 476.42 Td (1,823,790) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 461.42 Td (Software) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 461.42 Td (524,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 461.42 Td (440,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 446.42 Td (Construction in progress) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 446.42 Td (280,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 446.42 Td (200,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 431.42 Td (3,173,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 431.42 Td (2,995,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 416.42 Td (Accumulated depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 416.47 Td (\(2,231,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 416.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 416.47 Td (\(2,112,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 416.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 401.42 Td (Total property, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 401.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 401.42 Td (942,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 401.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 401.42 Td (883,077) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 371.25 Td (Accrued liabilities \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 348.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 348.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 318.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 318.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 288.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 288.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 288.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 288.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 288.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 258.75 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 258.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 258.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 258.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 258.75 85.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.75 m 473.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 348.75 m 562.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.75 m 473.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 348.75 m 562.5 348.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 258.75 m 473.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 258.75 m 562.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 244.75 m 473.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 242.75 m 473.5 242.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 258.75 m 562.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 244.75 m 562.5 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 242.75 m 562.5 242.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.00 352.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.50 352.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.42 Td (Payroll, employee benefits and related expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 338.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 338.42 Td (160,971) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 338.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 338.42 Td (165,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.42 Td (Warranty and recalls) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 323.42 Td (54,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 323.42 Td (48,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (Sales incentive programs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 308.42 Td (37,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 308.42 Td (44,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 293.42 Td (Tax-related accruals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 293.42 Td (18,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 293.42 Td (28,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 278.42 Td (Accrued interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 278.42 Td (33,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 278.42 Td (19,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 263.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 263.42 Td (166,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 263.42 Td (143,512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 248.42 Td (Total accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 248.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 248.42 Td (471,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.00 248.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 248.42 Td (449,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 564.00 244.25 Td () Tj ET Q endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Cash Flow Information:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.25 Td (The reconciliation of net income to net cash provided by operating activities of continuing operations is as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 673.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 673.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 673.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 673.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 673.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 673.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 673.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 643.75 290.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 643.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 643.75 70.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 643.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 643.75 70.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 643.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 643.75 70.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 603.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 603.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 603.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 603.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 603.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 603.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 603.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 573.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 573.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 573.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 573.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 573.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 573.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 573.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 543.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 543.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 543.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 543.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 543.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 543.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 543.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 513.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 513.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 513.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 513.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 513.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 513.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 483.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 483.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 483.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 483.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 483.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 483.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 453.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 453.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 453.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 453.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 453.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 453.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 423.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 423.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 423.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 423.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 423.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 423.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 393.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 393.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 393.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 393.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 393.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 393.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 393.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 363.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 363.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 363.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 363.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 363.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 363.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 333.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 333.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 333.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 333.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 333.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 333.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 333.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 673.75 m 414.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 673.75 m 488.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 673.75 m 562.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 333.75 m 414.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 333.75 m 488.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 333.75 m 562.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 333.75 m 414.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 318.75 m 414.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 333.75 m 488.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 318.75 m 488.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 333.75 m 562.5 333.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 304.75 m 414.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 302.75 m 414.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 318.75 m 488.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 304.75 m 488.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 302.75 m 488.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 304.75 m 562.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 302.75 m 562.5 302.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 677.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 677.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 677.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 663.42 Td (Cash flows from operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 648.42 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 648.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 648.42 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 648.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 648.42 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 648.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 648.42 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 633.42 Td (Adjustments to reconcile net income to net cash provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 623.42 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 608.42 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 608.42 Td (198,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 608.42 Td (179,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 608.42 Td (167,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 593.42 Td (Amortization of deferred loan origination costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 593.42 Td (93,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 593.42 Td (94,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 593.42 Td (86,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 578.42 Td (Amortization of financing origination fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 578.42 Td (9,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 578.42 Td (8,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 578.42 Td (9,376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 563.42 Td (Provision for long-term employee benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 563.42 Td (60,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 563.42 Td (33,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 563.42 Td (66,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 548.42 Td (Contributions to pension and postretirement plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 548.47 Td (\(28,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 548.47 Td (\(29,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 548.47 Td (\(204,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 533.42 Td (Stock compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 533.42 Td (29,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 533.42 Td (37,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 533.42 Td (41,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 518.42 Td (Net change in wholesale finance receivables related to sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.80 518.47 Td (\(113,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 518.47 Td (\(75,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 518.42 Td (28,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 503.42 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 503.42 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 503.42 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 503.42 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 488.42 Td (Loss on debt extinguishment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 488.42 Td (1,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 488.42 Td (3,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 488.42 Td (4,947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 473.42 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 473.47 Td (\(16,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 473.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 473.47 Td (\(7,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 473.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 473.42 Td (52,580) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 458.42 Td (Foreign currency adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 458.42 Td (20,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 458.42 Td (21,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 458.42 Td (16,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 443.42 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 443.42 Td (846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 443.47 Td (\(1,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 443.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 443.42 Td (10,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 428.42 Td (Changes in current assets and liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 413.42 Td (Accounts receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 413.47 Td (\(13,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 413.47 Td (\(9,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 413.47 Td (\(36,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 398.42 Td (Finance receivables accrued interest and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 398.47 Td (\(3,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 398.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 398.47 Td (\(2,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 398.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 398.47 Td (\(346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 398.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 383.42 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.80 383.47 Td (\(155,222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 383.47 Td (\(50,886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 383.47 Td (\(46,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 383.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 368.42 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 368.42 Td (138,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 368.42 Td (21,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 368.47 Td (\(78,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 353.42 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 353.47 Td (\(5,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 353.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 353.42 Td (703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 353.47 Td (\(2,189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 353.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 338.42 Td (Prepaid and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 338.42 Td (30,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 338.47 Td (\(3,389) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 338.42 Td (68,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 323.42 Td (Total adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 323.42 Td (347,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 323.42 Td (302,066) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 323.42 Td (243,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 308.42 Td (1,100,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 308.42 Td (1,146,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 308.42 Td (977,093) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 283.25 Td (Cash paid during the period for interest and income taxes \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 260.75 290.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 260.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 260.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 260.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 260.75 m 414.5 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 260.75 m 488.5 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 260.75 m 562.5 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 260.75 m 414.5 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 260.75 m 488.5 260.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 260.75 m 562.5 260.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 264.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 264.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 264.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 250.42 Td (Interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 250.42 Td (148,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 250.42 Td (154,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 250.42 Td (197,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 235.42 Td (Income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 235.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 235.42 Td (371,547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 235.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 235.42 Td (438,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 235.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 235.42 Td (236,972) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 210.25 Td (Interest paid represents interest payments of HDFS \(included in financial services interest expense\) and interest payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (of the Company \(included in interest expense\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 177.25 Td (3.) Tj ET Q q 0 0 0 rg BT 66.95 177.25 Td (Acquisition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 156.25 Td (On ) Tj ET Q q 0 0 0 rg BT 88.17 156.25 Td (August4, 2015, the Company completed its purchase of certain assets and liabilities from Fred Deeley Imports, Ltd ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.25 Td (\(Deeley Imports\) including, among other things, the acquisition of the exclusive right to distribute the Company's motorcycles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.25 Td (and other products in Canada \(T) Tj ET Q q 0 0 0 rg BT 178.77 132.25 Td (ransaction\) for total consideration of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.33 132.25 Td ($59.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.23 132.25 Td (. ) Tj ET Q q 0 0 0 rg BT 386.04 132.25 Td (The majority equity owner of Deeley ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.25 Td (Imports is a member of the Board of Directors of the Company) Tj ET Q q 0 0 0 rg BT 301.79 120.25 Td (. ) Tj ET Q q 0 0 0 rg BT 306.61 120.25 Td (The Company believes that the acquisition of the Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.25 Td (distribution rights will alignHarley-Davidson'sCanada distribution with the Company's global go-to-market approach.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 87.25 Td (The financial impact of the acquisition, which is part of the Motorcycles segment, has been included in the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.25 Td (consolidated financial statements from the date of acquisition. Proforma information reflecting this acquisition has not been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.25 Td (disclosed as the proforma impact on consolidated net income would not be material.) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The following table summarizes the preliminary fair values of the Deeley Imports assets acquired and liabilities assumed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (at the date of acquisition \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 704.60 412.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 704.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 674.60 412.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 674.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 644.60 412.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 644.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 614.60 412.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 614.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 704.6 m 561.5 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 704.6 m 561.5 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 644.6 m 561.5 644.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 644.6 m 561.5 644.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 614.6 m 561.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 614.6 m 561.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 600.6 m 561.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 598.6 m 561.5 598.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.75 708.83 Td (August 4, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 694.27 Td (Current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 694.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 694.27 Td (11,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 679.27 Td (Property, plant and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 679.27 Td (144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 664.27 Td (Intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 664.27 Td (20,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 649.27 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 649.27 Td (28,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 634.27 Td ( Total assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 634.27 Td (60,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 619.27 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 619.27 Td (731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 604.27 Td (Net assets acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 604.27 Td (59,910) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 579.10 Td (As noted above, in conjunction with the acquisition of certain assets and assumption of certain liabilities of Deeley ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.10 Td (Imports, the Company recorded goodwill of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.57 567.10 Td ($28.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.47 567.10 Td (, all of which the Company believes is tax deductible, and intangible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.10 Td (assets with an initial fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.24 555.10 Td ($20.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.13 555.10 Td (. Of the total intangible assets acquired, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.92 555.10 Td ($13.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.81 555.10 Td ( was assigned to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.10 Td (reacquired distribution rights with a useful life of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.39 543.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.39 543.10 Td ( years and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.43 543.10 Td ($7.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.32 543.10 Td ( was assigned to customer relationships with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.10 Td (useful life of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.59 531.10 Td (twenty) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.81 531.10 Td ( years. ) Tj ET Q q 0 0 0 rg BT 159.23 531.10 Td (The Company agreed to reimburse Deeley Imports for certain severance costs associated with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 519.10 Td (ransaction resulting in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.12 519.10 Td ($3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.02 519.10 Td ( of expense included in selling, administrative and engineering expense in the third quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.10 Td (of 2015. ) Tj ET Q q 0 0 0 rg BT 85.65 507.10 Td (The Company did not acquire any cash as part of the ) Tj ET Q q 0 0 0 rg BT 299.01 507.10 Td (T) Tj ET Q q 0 0 0 rg BT 304.77 507.10 Td (ransaction. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 486.10 Td (4.Goodwill and Intangible ) Tj ET Q q 0 0 0 rg BT 173.37 486.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 465.10 Td (The following table summarizes changes in the carrying amount of goodwill in the Motorcycles segment for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.10 Td (following years ended December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.16 453.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 430.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 430.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 430.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 430.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 430.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 430.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 430.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 400.60 272.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 400.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 400.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 400.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 400.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 400.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 400.60 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 430.6 m 401.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 430.6 m 481.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 430.6 m 561.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 430.6 m 401.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 430.6 m 481.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 430.6 m 561.5 430.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 385.6 m 401.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 385.6 m 481.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 385.6 m 561.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 385.6 m 401.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 371.6 m 401.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 369.6 m 401.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 385.6 m 481.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 371.6 m 481.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 369.6 m 481.5 369.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 385.6 m 561.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 371.6 m 561.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 369.6 m 561.5 369.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.00 434.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.00 434.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.00 434.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 420.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 420.27 Td (27,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 420.27 Td (30,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 420.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 420.27 Td (29,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 405.27 Td (Business acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 405.27 Td (28,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 405.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 405.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 390.27 Td (Currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 390.32 Td (\(2,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 390.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 390.32 Td (\(2,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 390.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 390.27 Td (922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 375.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 375.27 Td (54,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 375.27 Td (27,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 375.27 Td (30,452) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 350.10 Td (The following table summarizes the Motorcycles segment intangible assets other than goodwill at December 31 \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 285.60 280.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 285.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 285.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 285.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 285.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 285.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 285.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 285.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 285.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 255.60 280.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 255.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 255.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 255.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 255.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 255.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 255.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 255.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 255.60 54.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 312.6 m 387.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 312.6 m 391.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 312.6 m 445.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 312.6 m 449.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 312.6 m 503.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 285.6 m 387.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 285.6 m 445.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 285.6 m 503.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 285.6 m 561.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 285.6 m 503.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 240.60000000000002 m 387.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 226.60000000000002 m 387.5 226.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 224.60000000000002 m 387.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 240.60000000000002 m 445.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 226.60000000000002 m 445.5 226.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 224.60000000000002 m 445.5 224.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 240.60000000000002 m 503.5 240.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 226.60000000000002 m 503.5 226.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 224.60000000000002 m 503.5 224.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.00 316.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.05 304.68 Td (Gross) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 344.20 296.68 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.95 288.68 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 297.83 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 289.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.00 289.83 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.65 304.68 Td (Estimated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.40 296.68 Td (useful life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.20 288.68 Td (\(years\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 275.27 Td (Intangible assets other than goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 260.27 Td ( Reacquired distribution rights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 260.27 Td (12,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.80 260.32 Td (\(2,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 260.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 260.27 Td (9,986) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.00 260.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 245.27 Td ( Customer relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 245.27 Td (7,116) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.30 245.32 Td (\(148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 245.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 245.27 Td (6,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.00 245.27 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 230.27 Td (Total other intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 230.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 230.27 Td (19,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 230.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.80 230.32 Td (\(2,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 230.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 230.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 230.27 Td (16,954) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 205.10 Td (Intangible assets other than goodwill are included in other long-term assets on the Company's consolidated balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.10 Td (sheets. ) Tj ET Q q 0 0 0 rg BT 79.26 193.10 Td (The gross carrying amounts at December 31 dif) Tj ET Q q 0 0 0 rg BT 269.85 193.10 Td (fers from the acquisition date amounts due to changes in foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (currency exchange rates.) Tj ET Q endstream endobj 133 0 obj <> endobj 134 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 79.41 742.10 Td (otal amortization expense of other intangible assets for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.01 742.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.01 742.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.56 742.10 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.45 742.10 Td (. ) Tj ET Q q 0 0 0 rg BT 395.27 742.10 Td (There was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.14 742.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.14 742.10 Td ( amortization expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (other intangible assets for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.53 730.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.53 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 180.35 730.10 Td (The Company estimates future amortization to be as follows \(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 704.60 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 704.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 704.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 674.60 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 674.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 644.60 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 644.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 614.60 414.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 614.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 614.60 94.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 704.6 m 561.5 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 704.6 m 561.5 704.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 614.6 m 561.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 614.6 m 561.5 614.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 600.6 m 561.5 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 598.6 m 561.5 598.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 708.83 Td (Estimated Amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 694.27 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 694.27 Td (6,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 679.27 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 679.27 Td (4,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 664.27 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 664.27 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 649.27 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 649.27 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 634.27 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 634.27 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 619.27 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 619.27 Td (5,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 604.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 604.27 Td (16,954) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 579.10 Td (The Financial Services segment had no goodwill or intangible assets at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.32 579.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.91 579.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.35 579.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.93 579.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (5.Finance Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 541.10 Td (Finance receivables, net at December31 for the past five years were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.75 541.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 518.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 518.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 518.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 518.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 518.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 518.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 488.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 488.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 488.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 488.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 488.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 458.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 458.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 458.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 458.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 458.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 458.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 458.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 458.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 458.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 458.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 458.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 428.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 428.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 428.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 428.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 428.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 428.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 428.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 428.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 428.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 428.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 428.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 398.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 398.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 398.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 398.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 398.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 398.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 368.60 158.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 368.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 368.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 368.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 368.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 368.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 368.60 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 518.6 m 279.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 518.6 m 349.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 518.6 m 420.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 518.6 m 491.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 518.6 m 562.5 518.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 473.6 m 279.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 473.6 m 349.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 473.6 m 420.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 473.6 m 491.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 473.6 m 562.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 473.6 m 349.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 473.6 m 420.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 473.6 m 491.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 473.6 m 562.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 413.6 m 279.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 413.6 m 349.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 413.6 m 420.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 413.6 m 491.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 413.6 m 562.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 398.6 m 279.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 413.6 m 349.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 398.6 m 349.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 413.6 m 420.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 398.6 m 420.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 413.6 m 491.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 398.6 m 491.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 413.6 m 562.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 398.6 m 562.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 398.6 m 349.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 398.6 m 420.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 398.6 m 491.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 398.6 m 562.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 368.6 m 279.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 368.6 m 349.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 368.6 m 420.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 368.6 m 491.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 368.6 m 562.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 368.6 m 279.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 354.6 m 279.5 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 352.6 m 279.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 368.6 m 349.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 354.6 m 349.5 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 352.6 m 349.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 368.6 m 420.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 354.6 m 420.5 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 352.6 m 420.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 368.6 m 491.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 354.6 m 491.5 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 352.6 m 491.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 368.6 m 562.5 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 354.6 m 562.5 354.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 352.6 m 562.5 352.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 237.50 522.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.00 522.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.50 522.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.50 522.68 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.70 522.68 Td (2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 508.27 Td (Wholesale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 493.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 493.27 Td (965,379) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 493.27 Td (903,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 493.27 Td (800,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 493.27 Td (776,633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 493.27 Td (778,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 478.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 478.27 Td (58,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 478.27 Td (48,941) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 478.27 Td (44,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 478.27 Td (39,771) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 478.27 Td (46,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 463.27 Td (Total wholesale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 463.27 Td (1,023,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 463.27 Td (952,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 463.27 Td (845,212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 463.27 Td (816,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 463.27 Td (824,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.27 Td (Retail) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 433.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 433.27 Td (5,803,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 433.27 Td (5,398,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 433.27 Td (5,051,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 433.27 Td (4,850,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 433.27 Td (4,858,781) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 418.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.15 418.27 Td (188,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 418.27 Td (209,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 418.27 Td (213,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 418.27 Td (222,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 418.27 Td (228,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 403.27 Td (Total retail) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 403.27 Td (5,991,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 403.27 Td (5,607,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 403.27 Td (5,265,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 403.27 Td (5,073,115) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 403.27 Td (5,087,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 388.27 Td (7,015,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 388.27 Td (6,560,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 388.27 Td (6,110,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 388.27 Td (5,889,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 388.27 Td (5,912,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 373.27 Td (Allowance for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.80 373.27 Td (\(147,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.65 373.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.80 373.32 Td (\(127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 373.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.80 373.32 Td (\(110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 373.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 373.32 Td (\(107,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 373.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 373.32 Td (\(125,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 373.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.27 Td (Total finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.65 358.27 Td (6,868,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 358.27 Td (6,432,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 358.27 Td (5,999,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.65 358.27 Td (5,781,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 358.27 Td (5,786,681) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 333.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.75 333.10 Td (HDFS of) Tj ET Q q 0 0 0 rg BT 110.97 333.10 Td (fers wholesale financing to the Company) Tj ET Q q 0 0 0 rg BT 277.87 333.10 Td (s independent dealers. ) Tj ET Q q 0 0 0 rg BT 368.76 333.10 Td (Wholesale loans to dealers are generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (secured by financed inventory or property and are originated in the U.S. and Canada. ) Tj ET Q q 0 0 0 rg BT 392.20 321.10 Td (Wholesale finance receivables are related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (primarily to motorcycles and related parts and accessories sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 288.10 Td (HDFS provides retail financial services to customers of the Company) Tj ET Q q 0 0 0 rg BT 354.77 288.10 Td (s independent dealers in the U.S. and Canada.) Tj ET Q q 0 0 0 rg BT 540.37 288.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.10 Td (origination of retail loans is a separate and distinct transaction between HDFS and the retail customer) Tj ET Q q 0 0 0 rg BT 455.31 276.10 Td (, unrelated to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 264.10 Td (s sale of product to its dealers. Retail finance receivables consist of secured promissory notes and secured installment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.10 Td (contracts and are primarily related to sales of motorcycles to the dealers) Tj ET Q q 0 0 0 rg BT 339.97 252.10 Td ( customers. HDFS holds either titles or liens on titles to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.10 Td (vehicles financed by promissory notes and installment sales contracts. ) Tj ET Q q 0 0 0 rg BT 332.15 240.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 240.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.18 240.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.62 240.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.62 240.10 Td (, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.88 240.10 Td (12%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.21 240.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.10 Td (of gross outstanding finance receivables were originated in ) Tj ET Q q 0 0 0 rg BT 288.07 228.10 Td (T) Tj ET Q q 0 0 0 rg BT 293.48 228.10 Td (exas; there were no other states that accounted for more than 10%.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 207.10 Td (Unused lines of credit extended to the Company's wholesale finance customers totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.37 207.10 Td ($1.27 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.48 207.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.92 207.10 Td ($1.01 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.03 207.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 195.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 195.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.02 195.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 220.68 195.10 Td (. ) Tj ET Q q 0 0 0 rg BT 225.13 195.10 Td (Approved but unfunded retail finance loans totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.46 195.10 Td ($169.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 195.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.79 195.10 Td ($168.7 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 183.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.11 183.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.69 183.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.13 183.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.13 183.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 261.79 183.10 Td (.) Tj ET Q endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (Wholesale finance receivables are generally contractually due within one year) Tj ET Q q 0 0 0 rg BT 385.79 742.10 Td (. On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.51 742.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.10 742.10 Td (, contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (maturities of finance receivables were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.69 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 707.60 270.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 707.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 707.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 707.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 707.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 707.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 707.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 679.60 270.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 679.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 679.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 679.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 679.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 679.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 679.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 651.60 270.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 651.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 651.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 651.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 651.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 651.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 651.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.60 270.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 623.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 623.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 623.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 623.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 623.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 623.60 77.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 707.6 m 401.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 707.6 m 481.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 707.6 m 401.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 707.6 m 481.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 623.6 m 401.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 623.6 m 481.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 623.6 m 562.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 610.6 m 401.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 608.6 m 401.5 608.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 623.6 m 481.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 610.6 m 481.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 608.6 m 481.5 608.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 623.6 m 562.5 623.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 610.6 m 562.5 610.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 608.6 m 562.5 608.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.70 711.68 Td (UnitedStates) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.65 711.68 Td (Canada) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.75 711.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 698.17 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 698.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 698.17 Td (1,991,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 698.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 698.17 Td (93,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 698.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 698.17 Td (2,085,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 684.17 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 684.17 Td (1,104,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 684.17 Td (37,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 684.17 Td (1,141,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 670.17 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 670.17 Td (1,234,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 670.17 Td (41,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 670.17 Td (1,275,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 656.17 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 656.17 Td (1,379,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 656.17 Td (45,673) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 656.17 Td (1,425,464) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 642.17 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 642.17 Td (1,024,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 642.17 Td (28,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 642.17 Td (1,053,842) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 628.17 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 628.17 Td (33,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 628.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 628.17 Td (33,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 614.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 614.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 614.17 Td (6,768,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 614.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 614.17 Td (246,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 614.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 614.17 Td (7,015,331) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 589.10 Td (The allowance for credit losses on finance receivables is comprised of individual components relating to wholesale and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (retail finance receivables.Changes in the allowance for credit losses on finance receivables by portfolio for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.10 Td (December31 were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 231.06 565.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 530.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 530.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 530.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 530.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 530.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 500.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 500.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 500.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 500.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 500.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 470.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 470.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 470.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 470.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 470.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 542.6 m 404.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 542.6 m 408.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 542.6 m 483.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 542.6 m 487.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 530.6 m 404.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 530.6 m 483.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 530.6 m 562.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 530.6 m 404.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 530.6 m 483.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 530.6 m 562.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 470.6 m 404.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 470.6 m 483.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 470.6 m 562.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 456.6 m 404.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 454.6 m 404.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 470.6 m 483.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 456.6 m 483.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 454.6 m 483.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 470.6 m 562.5 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 456.6 m 562.5 456.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 454.6 m 562.5 454.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 534.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 546.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.25 534.68 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.90 534.68 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.75 534.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 520.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 520.27 Td (122,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 520.27 Td (5,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 520.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 505.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 505.27 Td (98,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 505.27 Td (2,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 505.27 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 490.27 Td (Charge-offs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.80 490.32 Td (\(123,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 490.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 490.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 490.32 Td (\(123,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 490.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 475.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 475.27 Td (42,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 475.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 475.27 Td (42,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 460.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 460.27 Td (139,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 460.27 Td (7,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 460.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 460.27 Td (147,178) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 421.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 421.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 421.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 421.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 421.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 421.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 421.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 391.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 391.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 391.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 391.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 391.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 391.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 391.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 361.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 361.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 361.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 361.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 361.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 361.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 361.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 433.6 m 403.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 433.6 m 407.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 433.6 m 482.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 433.6 m 486.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 433.6 m 561.5 433.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 421.6 m 403.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 421.6 m 482.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 421.6 m 561.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 421.6 m 403.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 421.6 m 482.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 421.6 m 561.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 361.6 m 403.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 361.6 m 482.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 361.6 m 561.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 347.6 m 403.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 345.6 m 403.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 361.6 m 482.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 347.6 m 482.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 345.6 m 482.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 361.6 m 561.5 361.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 347.6 m 561.5 347.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 345.6 m 561.5 345.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 425.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.50 437.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.25 425.68 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.90 425.68 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.75 425.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 411.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 411.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 411.27 Td (106,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 411.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 411.27 Td (4,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 411.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 411.27 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 396.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 396.27 Td (80,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 396.27 Td (709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 396.27 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 381.27 Td (Charge-offs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.80 381.32 Td (\(102,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.65 381.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 381.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 381.32 Td (\(102,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 381.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 366.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 366.27 Td (38,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 366.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 366.27 Td (38,556) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 351.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 351.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 351.27 Td (122,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 351.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 351.27 Td (5,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 351.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 351.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 312.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 312.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 312.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 312.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 282.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 282.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 282.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 282.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 282.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 252.60 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 252.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 252.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 252.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 324.6 m 404.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 324.6 m 408.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 324.6 m 483.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 324.6 m 487.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 324.6 m 562.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 312.6 m 404.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 312.6 m 483.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 312.6 m 562.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 312.6 m 404.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 312.6 m 483.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 312.6 m 562.5 312.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 252.60000000000002 m 404.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 252.60000000000002 m 483.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 252.60000000000002 m 562.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 238.60000000000002 m 404.5 238.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 236.60000000000002 m 404.5 236.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 252.60000000000002 m 483.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 238.60000000000002 m 483.5 238.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 236.60000000000002 m 483.5 236.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 252.60000000000002 m 562.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 238.60000000000002 m 562.5 238.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 236.60000000000002 m 562.5 236.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 316.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 328.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.25 316.68 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.90 316.68 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.75 316.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 302.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 302.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 302.27 Td (101,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 302.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 302.27 Td (6,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 302.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 302.27 Td (107,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 287.27 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 287.27 Td (61,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 287.32 Td (\(1,595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 287.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 287.27 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 272.27 Td (Charge-offs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.80 272.32 Td (\(97,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 272.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 272.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 272.32 Td (\(97,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 272.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 257.27 Td (Recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 257.27 Td (40,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 257.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 257.27 Td (40,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 242.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 242.27 Td (106,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 242.27 Td (4,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 242.27 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (There were no finance receivables individually evaluated for impairment on December 31, 2014 or 2015. ) Tj ET Q q 0 0 0 rg BT 497.27 742.10 Td (The allowance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (for credit losses and finance receivables by portfolio collectively evaluated for impairment, at December31 were as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 718.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 683.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 683.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 683.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 683.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 653.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 653.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 653.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 653.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 653.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 653.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 623.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 623.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 623.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 623.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 623.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 623.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 593.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 593.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 593.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 593.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 593.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 593.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 593.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 533.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 533.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 533.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 533.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 533.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 533.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 533.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 503.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 503.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 503.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 503.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 503.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 473.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 473.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 473.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 473.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.60 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 443.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 443.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 443.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 695.6 m 401.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 695.6 m 405.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 695.6 m 481.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 695.6 m 485.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 695.6 m 562.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 683.6 m 401.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 683.6 m 481.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 683.6 m 562.5 683.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 638.6 m 401.5 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 638.6 m 481.5 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 638.6 m 562.5 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 624.6 m 401.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 622.6 m 401.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 638.6 m 481.5 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 624.6 m 481.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 622.6 m 481.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 638.6 m 562.5 638.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 624.6 m 562.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 622.6 m 562.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 578.6 m 401.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 578.6 m 481.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 578.6 m 562.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 578.6 m 401.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 564.6 m 401.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 562.6 m 401.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 578.6 m 481.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 564.6 m 481.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 562.6 m 481.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 578.6 m 562.5 578.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 564.6 m 562.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 562.6 m 562.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 562.6 m 401.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 564.6 m 401.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 545.6 m 401.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 545.6 m 405.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 562.6 m 481.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 564.6 m 481.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 545.6 m 481.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 545.6 m 485.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 562.6 m 562.5 562.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 564.6 m 562.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 545.6 m 562.5 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 533.6 m 401.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 533.6 m 481.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 533.6 m 562.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 488.6 m 401.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 488.6 m 481.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 488.6 m 562.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 488.6 m 401.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 474.6 m 401.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 472.6 m 401.5 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 488.6 m 481.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 474.6 m 481.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 472.6 m 481.5 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 488.6 m 562.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 474.6 m 562.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 472.6 m 562.5 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 428.6 m 401.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 428.6 m 481.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 428.6 m 562.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 428.6 m 401.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 414.6 m 401.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 412.6 m 401.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 428.6 m 481.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 414.6 m 481.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 412.6 m 481.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 428.6 m 562.5 428.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 414.6 m 562.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 412.6 m 562.5 412.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 699.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.00 699.68 Td (2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 687.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.25 687.68 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.40 687.68 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.75 687.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 673.27 Td (Allowance for credit losses, ending balance:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 658.27 Td (Individually evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 658.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 658.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 658.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 658.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 658.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 658.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 643.27 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 643.27 Td (139,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 643.27 Td (7,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 643.27 Td (147,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 628.27 Td (Total allowance for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 628.27 Td (139,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 628.27 Td (7,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 628.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 628.27 Td (147,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 613.27 Td (Finance receivables, ending balance:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 598.27 Td (Individually evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 598.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 598.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 598.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 598.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 583.27 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 583.27 Td (5,991,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 583.27 Td (1,023,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 583.27 Td (7,015,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 568.27 Td (Total finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 568.27 Td (5,991,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 568.27 Td (1,023,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 568.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 568.27 Td (7,015,331) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 549.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.00 549.83 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 537.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.25 537.68 Td (Retail) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.40 537.68 Td (Wholesale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.75 537.68 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 523.27 Td (Allowance for credit losses, ending balance:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 508.27 Td (Individually evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 508.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 508.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 508.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 508.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 508.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 508.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 493.27 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 493.27 Td (122,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 493.27 Td (5,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 493.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 478.27 Td (Total allowance for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 478.27 Td (122,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 478.27 Td (5,339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 478.27 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 463.27 Td (Finance receivables, ending balance:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 448.27 Td (Individually evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 448.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 433.27 Td (Collectively evaluated for impairment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 433.27 Td (5,607,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 433.27 Td (952,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 433.27 Td (6,560,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.27 Td (Total finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 418.27 Td (5,607,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 418.27 Td (952,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 418.27 Td (6,560,245) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 393.10 Td (Finance receivables are considered impaired when management determines it is probable that the Company will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (unable to collect all amounts due according to the loan agreement. ) Tj ET Q q 0 0 0 rg BT 317.13 381.10 Td (As retail finance receivables are collectively and not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (individually reviewed for impairment, this portfolio does not have specifically impaired finance receivables. ) Tj ET Q q 0 0 0 rg BT 485.14 369.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.64 369.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 357.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 357.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 357.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.85 357.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.85 357.10 Td ( wholesale finance receivables that were on non-accrual status or individually deemed to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (impaired under ) Tj ET Q q 0 0 0 rg BT 112.76 345.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 134.53 345.10 Td (T) Tj ET Q q 0 0 0 rg BT 139.94 345.10 Td (opic 310, Receivables.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 324.10 Td (An analysis of the aging of past due finance receivables at December31 was as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.37 324.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 273.60 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.50 273.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 273.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 273.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 273.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 273.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 273.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 273.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 243.60 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.50 243.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 243.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 243.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 243.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 243.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 243.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 243.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 301.6 m 244.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 301.6 m 248.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 301.6 m 308.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 301.6 m 312.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 301.6 m 371.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 301.6 m 375.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 301.6 m 435.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 301.6 m 439.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 301.6 m 498.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 301.6 m 502.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 301.6 m 562.5 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 273.6 m 244.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 273.6 m 308.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 273.6 m 371.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 273.6 m 435.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 273.6 m 498.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 273.6 m 562.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 273.6 m 244.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 273.6 m 308.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 273.6 m 371.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 273.6 m 435.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 273.6 m 498.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 273.6 m 562.5 273.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 243.60000000000002 m 244.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 243.60000000000002 m 308.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 243.60000000000002 m 371.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 243.60000000000002 m 435.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 243.60000000000002 m 498.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 243.60000000000002 m 562.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 229.60000000000002 m 244.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 227.60000000000002 m 244.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 243.60000000000002 m 308.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 229.60000000000002 m 308.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 227.60000000000002 m 308.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 243.60000000000002 m 371.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 229.60000000000002 m 371.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 227.60000000000002 m 371.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 243.60000000000002 m 435.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 229.60000000000002 m 435.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 227.60000000000002 m 435.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 243.60000000000002 m 498.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 229.60000000000002 m 498.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 227.60000000000002 m 498.5 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 243.60000000000002 m 562.5 243.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 229.60000000000002 m 562.5 229.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 227.60000000000002 m 562.5 227.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 305.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.50 305.68 Td (2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 277.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 200.55 277.83 Td (Current) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.20 285.83 Td (31-60Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.75 277.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.70 285.83 Td (61-90Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.25 277.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.80 293.68 Td (Gr) Tj ET Q q 0 0 0 rg BT 392.43 293.68 Td (eater) Tj ET Q q 0 0 0 rg BT 409.60 293.68 Td (than) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.55 285.68 Td (90 Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.75 277.68 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.75 285.83 Td (T) Tj ET Q q 0 0 0 rg BT 464.35 285.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.25 277.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.25 293.68 Td (T) Tj ET Q q 0 0 0 rg BT 527.85 293.68 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.40 285.68 Td (Finance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 277.68 Td (Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 263.27 Td (Retail) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.60 263.27 Td (5,796,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 263.27 Td (118,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 263.27 Td (43,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 263.27 Td (32,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 263.27 Td (195,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 263.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 263.27 Td (5,991,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 248.27 Td (Wholesale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.60 248.27 Td (1,022,365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.65 248.27 Td (888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.65 248.27 Td (530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 248.27 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 248.27 Td (1,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 248.27 Td (1,023,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 233.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.60 233.27 Td (6,818,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 233.27 Td (119,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 233.27 Td (44,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 233.27 Td (32,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 233.27 Td (196,963) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 233.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 233.27 Td (7,015,331) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 178.60 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.50 178.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 178.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 178.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 178.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 178.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 178.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 178.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 148.60 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 185.50 148.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 148.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 148.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 148.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 148.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 148.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 148.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 206.60000000000002 m 244.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 206.60000000000002 m 248.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 206.60000000000002 m 308.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 206.60000000000002 m 312.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 206.60000000000002 m 371.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 206.60000000000002 m 375.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 206.60000000000002 m 435.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 206.60000000000002 m 439.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 206.60000000000002 m 498.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 206.60000000000002 m 502.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 206.60000000000002 m 562.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 178.60000000000002 m 244.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 178.60000000000002 m 308.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 178.60000000000002 m 371.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 178.60000000000002 m 435.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 178.60000000000002 m 498.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 178.60000000000002 m 562.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 178.60000000000002 m 244.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 178.60000000000002 m 308.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 178.60000000000002 m 371.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 178.60000000000002 m 435.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 178.60000000000002 m 498.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 178.60000000000002 m 562.5 178.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 148.60000000000002 m 244.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 148.60000000000002 m 308.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 148.60000000000002 m 371.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 148.60000000000002 m 435.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 148.60000000000002 m 498.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 148.60000000000002 m 562.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 134.60000000000002 m 244.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 185.5 132.60000000000002 m 244.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 148.60000000000002 m 308.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 134.60000000000002 m 308.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 132.60000000000002 m 308.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 148.60000000000002 m 371.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 134.60000000000002 m 371.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 312.5 132.60000000000002 m 371.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 148.60000000000002 m 435.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 134.60000000000002 m 435.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 132.60000000000002 m 435.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 148.60000000000002 m 498.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 134.60000000000002 m 498.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 132.60000000000002 m 498.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 148.60000000000002 m 562.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 134.60000000000002 m 562.5 134.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 132.60000000000002 m 562.5 132.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 210.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.50 210.68 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 182.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 200.55 182.83 Td (Current) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.20 190.83 Td (31-60Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.75 182.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.70 190.83 Td (61-90Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.25 182.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.80 198.68 Td (Gr) Tj ET Q q 0 0 0 rg BT 392.43 198.68 Td (eater) Tj ET Q q 0 0 0 rg BT 409.60 198.68 Td (than) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.55 190.68 Td (90 Days) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.75 182.68 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.75 190.83 Td (T) Tj ET Q q 0 0 0 rg BT 464.35 190.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.25 182.83 Td (Past Due) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.25 198.68 Td (T) Tj ET Q q 0 0 0 rg BT 527.85 198.68 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.40 190.68 Td (Finance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 182.68 Td (Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 168.27 Td (Retail) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.60 168.27 Td (5,427,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 168.27 Td (113,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 168.27 Td (38,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 168.27 Td (28,712) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 168.27 Td (180,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 168.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 168.27 Td (5,607,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 153.27 Td (Wholesale) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.15 153.27 Td (951,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.65 153.27 Td (383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 153.27 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 153.27 Td (206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 153.27 Td (661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 153.27 Td (952,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 138.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.60 138.27 Td (6,379,379) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.15 138.27 Td (113,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 138.27 Td (38,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 138.27 Td (28,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 138.27 Td (180,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 138.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 138.27 Td (6,560,245) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The recorded investment of retail and wholesale finance receivables, excluding non-accrual status finance receivables, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (that were contractually past due 90 days or more at December31 for the past five years was as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.91 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 707.60 190.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 707.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 707.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 707.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 707.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 707.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.60 190.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 677.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 677.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 677.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 677.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 677.60 61.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 707.6 m 304.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 707.6 m 369.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 707.6 m 433.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 707.6 m 497.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 707.6 m 304.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 707.6 m 369.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 707.6 m 433.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 707.6 m 497.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 677.6 m 304.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 663.6 m 304.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 661.6 m 304.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 677.6 m 369.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 663.6 m 369.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 661.6 m 369.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 677.6 m 433.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 663.6 m 433.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 661.6 m 433.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 677.6 m 497.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 663.6 m 497.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 661.6 m 497.5 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 677.6 m 562.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 663.6 m 562.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 661.6 m 562.5 661.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.00 711.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.50 711.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 711.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 711.68 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.70 711.68 Td (2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 697.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 697.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 697.27 Td (31,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 697.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.15 697.27 Td (27,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 697.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 697.27 Td (23,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 697.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 697.27 Td (26,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 697.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 697.27 Td (27,171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 682.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 682.27 Td (1,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.15 682.27 Td (1,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 682.27 Td (1,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 682.27 Td (1,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 682.27 Td (1,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 667.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 667.27 Td (32,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.15 667.27 Td (28,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 667.27 Td (24,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 667.27 Td (28,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 667.27 Td (28,378) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 642.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.67 642.10 Td ( significant part of managing the Company's finance receivable portfolios includes the assessment of credit risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (associated with each borrower) Tj ET Q q 0 0 0 rg BT 170.79 630.10 Td (. ) Tj ET Q q 0 0 0 rg BT 175.23 630.10 Td (As the credit risk varies between the retail and wholesale portfolios, the Company utilizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 618.10 Td (ferent credit risk indicators for each portfolio.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 597.10 Td (The Company manages retail credit risk through its credit approval policy and ongoing collection ef) Tj ET Q q 0 0 0 rg BT 474.26 597.10 Td (forts. ) Tj ET Q q 0 0 0 rg BT 497.41 597.10 Td (The Company ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.10 Td (uses FICO scores, a standard credit rating measurement, to dif) Tj ET Q q 0 0 0 rg BT 298.92 585.10 Td (ferentiate the expected default rates of retail credit applicants ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.10 Td (enabling the Company to better evaluate credit applicants for approval and to tailor pricing according to this assessment. Retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.10 Td (loans with a FICO score of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.54 561.10 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.54 561.10 Td ( or above at origination are considered prime, and loans with a FICO score below ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.77 561.10 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.77 561.10 Td ( are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.10 Td (considered sub-prime. ) Tj ET Q q 0 0 0 rg BT 141.18 549.10 Td (These credit quality indicators are determined at the time of loan origination and are not updated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.10 Td (subsequent to the loan origination date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 516.10 Td (The recorded investment of retail finance receivables, by credit quality indicator) Tj ET Q q 0 0 0 rg BT 394.85 516.10 Td (, at December31 was as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 504.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 481.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 481.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 481.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 481.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 481.60 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 451.60 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 451.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 451.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 451.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 451.60 84.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 481.6 m 474.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 481.6 m 562.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 481.6 m 474.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 481.6 m 562.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 451.6 m 474.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 451.6 m 562.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 437.6 m 474.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 435.6 m 474.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 451.6 m 562.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 437.6 m 562.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 435.6 m 562.5 435.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.50 485.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 485.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 471.27 Td (Prime) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 471.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 471.27 Td (4,777,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 471.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 471.27 Td (4,435,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 456.27 Td (Sub-prime) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 456.27 Td (1,214,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 456.27 Td (1,172,572) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 441.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 441.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 441.27 Td (5,991,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 441.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 441.27 Td (5,607,924) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 416.10 Td (The Company's credit risk on the wholesale portfolio is dif) Tj ET Q q 0 0 0 rg BT 309.19 416.10 Td (ferent from that of the retail portfolio. ) Tj ET Q q 0 0 0 rg BT 462.84 416.10 Td (Whereas the retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.10 Td (portfolio represents a relatively homogeneous pool of retail finance receivables that exhibit more consistent loss patterns, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.10 Td (wholesale portfolio exposures are less consistent. ) Tj ET Q q 0 0 0 rg BT 249.49 392.10 Td (The Company utilizes an internal credit risk rating system to manage credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.10 Td (risk exposure consistently across wholesale borrowers and evaluates credit risk factors for each borrower) Tj ET Q q 0 0 0 rg BT 469.58 380.10 Td (. ) Tj ET Q q 0 0 0 rg BT 474.39 380.10 Td (The Company uses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (the following internal credit quality indicators, based on an internal risk rating system, listed from highest level of risk to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.10 Td (lowest level of risk, for the wholesale portfolio: Doubtful, Substandard, Special Mention, Medium Risk and Low Risk. Based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.10 Td (upon management) Tj ET Q q 0 0 0 rg BT 126.37 344.10 Td (s review) Tj ET Q q 0 0 0 rg BT 159.32 344.10 Td (, the dealers classified in the Doubtful category are the dealers with the greatest likelihood of being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.10 Td (char) Tj ET Q q 0 0 0 rg BT 67.03 332.10 Td (ged-of) Tj ET Q q 0 0 0 rg BT 92.94 332.10 Td (f, while the dealers classified as Low Risk are least likely to be char) Tj ET Q q 0 0 0 rg BT 364.34 332.10 Td (ged-of) Tj ET Q q 0 0 0 rg BT 390.25 332.10 Td (f. ) Tj ET Q q 0 0 0 rg BT 398.40 332.10 Td (The internal rating system considers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.10 Td (factors such as the specific borrower's ability to repay and the estimated value of any collateral. Dealer risk rating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.10 Td (classifications are reviewed and updated on a quarterly basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 287.10 Td (The recorded investment of wholesale finance receivables, by internal credit quality indicator) Tj ET Q q 0 0 0 rg BT 447.33 287.10 Td (, at December31 was as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.10 Td (follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.22 275.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 252.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 252.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 252.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 252.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 222.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 222.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 192.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 192.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 192.60 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 252.60000000000002 m 477.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 252.60000000000002 m 562.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 252.60000000000002 m 477.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 252.60000000000002 m 562.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 177.60000000000002 m 477.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 177.60000000000002 m 562.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 163.60000000000002 m 477.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 161.60000000000002 m 477.5 161.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 177.60000000000002 m 562.5 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 163.60000000000002 m 562.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 161.60000000000002 m 562.5 161.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 256.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.50 256.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 242.27 Td (Doubtful) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 242.27 Td (5,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 242.27 Td (954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 227.27 Td (Substandard) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 227.27 Td (21,774) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 227.27 Td (7,025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 212.27 Td (Special Mention) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 212.27 Td (6,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 212.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 197.27 Td (Medium Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 197.27 Td (11,494) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 197.27 Td (11,557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 182.27 Td (Low Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 182.27 Td (979,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 182.27 Td (932,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 167.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 167.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 167.27 Td (1,023,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 167.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 167.27 Td (952,321) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (6.) Tj ET Q q 0 0 0 rg BT 66.95 142.10 Td (Asset-Backed Financing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 121.10 Td (The Company participates in asset-backed financing through both term asset-backed securitization transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (through asset-backed commercial paper conduit facilities. ) Tj ET Q q 0 0 0 rg BT 283.34 109.10 Td (The Company treats these transactions as secured borrowings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (because assets are either transferred to consolidated ) Tj ET Q q 0 0 0 rg BT 258.89 97.10 Td (VIEs or the Company maintains ef) Tj ET Q q 0 0 0 rg BT 397.85 97.10 Td (fective control over the assets and does ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.10 Td (not meet the accounting sale requirements under ) Tj ET Q q 0 0 0 rg BT 245.77 85.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 267.54 85.10 Td (T) Tj ET Q q 0 0 0 rg BT 272.95 85.10 Td (opic 860. See Note 1 for more information on the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (accounting for asset-backed financings and ) Tj ET Q q 0 0 0 rg BT 225.03 73.10 Td (VIEs.) Tj ET Q endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 742.10 Td (The following table shows the assets and liabilities related to the Company's asset-backed financings that were included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (in its financial statements at December 31 \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.60 201.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 677.60 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 677.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 677.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 677.60 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 677.60 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 677.60 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 649.60 201.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 649.60 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 649.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 649.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 649.60 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 649.60 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 649.60 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 611.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 611.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 611.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 611.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 611.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 611.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 611.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 572.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 572.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 572.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 572.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 572.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 572.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 504.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 504.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 504.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 504.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 504.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 504.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 504.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 474.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 474.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 474.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 474.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 474.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 474.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 474.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 474.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 474.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 474.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 474.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 474.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 435.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 435.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 435.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 435.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 435.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 435.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 435.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 396.60 201.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 396.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 396.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 396.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.50 396.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.50 396.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 396.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 396.60 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 396.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 396.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 396.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 396.60 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 706.6 m 302.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 706.6 m 306.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 706.6 m 352.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 706.6 m 356.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 706.6 m 402.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 706.6 m 406.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 706.6 m 449.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 706.6 m 453.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 706.6 m 505.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 706.6 m 509.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 706.6 m 562.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 677.6 m 302.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 677.6 m 352.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 677.6 m 402.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 677.6 m 449.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 677.6 m 505.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 677.6 m 562.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 572.6 m 302.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 558.6 m 302.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 556.6 m 302.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 572.6 m 352.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 558.6 m 352.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 556.6 m 352.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 572.6 m 402.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 558.6 m 402.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 556.6 m 402.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 572.6 m 449.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 558.6 m 449.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 556.6 m 449.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 572.6 m 505.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 558.6 m 505.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 556.6 m 505.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 572.6 m 562.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 558.6 m 562.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 556.6 m 562.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 533.6 m 302.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 533.6 m 306.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 533.6 m 352.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 533.6 m 356.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 533.6 m 402.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 533.6 m 406.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 533.6 m 449.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 533.6 m 453.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 533.6 m 505.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 533.6 m 509.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 533.6 m 562.5 533.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 504.6 m 302.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 504.6 m 352.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 504.6 m 402.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 504.6 m 449.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 504.6 m 505.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 504.6 m 562.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 396.6 m 302.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 382.6 m 302.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 380.6 m 302.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 396.6 m 352.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 382.6 m 352.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 380.6 m 352.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 396.6 m 402.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 382.6 m 402.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 380.6 m 402.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 396.6 m 449.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 382.6 m 449.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 380.6 m 449.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 396.6 m 505.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 382.6 m 505.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 380.6 m 505.5 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 396.6 m 562.5 396.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 382.6 m 562.5 382.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 380.6 m 562.5 380.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 710.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.90 689.83 Td (Finance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.65 681.83 Td (receivables) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.20 697.83 Td (Allowance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 689.83 Td (for credit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.40 681.83 Td (losses) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.45 689.83 Td (Restricted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.40 681.83 Td (cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.35 689.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.70 681.83 Td (assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.25 689.83 Td (T) Tj ET Q q 0 0 0 rg BT 474.85 689.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.20 681.83 Td (assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.80 689.83 Td (Asset-backed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.90 681.83 Td (debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 668.17 Td (On-balance sheet assets and liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 654.17 Td (Consolidated VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 640.17 Td (Term asset-backed securitizations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.60 640.17 Td (1,611,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.80 640.22 Td (\(37,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 640.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 640.17 Td (100,151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 640.17 Td (4,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.60 640.17 Td (1,678,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 640.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 640.17 Td (1,463,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 626.17 Td (Asset-backed U.S. commercial paper conduit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 616.17 Td (facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 616.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 616.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 616.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 616.27 Td (323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 616.27 Td (323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 616.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 601.27 Td (Unconsolidated VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 587.17 Td (Asset-backed Canadian commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 577.17 Td (conduit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.10 577.27 Td (170,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.80 577.32 Td (\(3,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 577.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.10 577.27 Td (10,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 577.27 Td (393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.10 577.27 Td (178,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 577.27 Td (153,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 562.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.60 562.27 Td (1,782,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.80 562.32 Td (\(40,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 562.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 562.27 Td (110,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 562.27 Td (5,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.60 562.27 Td (1,857,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 562.27 Td (1,616,993) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.50 537.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.90 516.83 Td (Finance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.65 508.83 Td (receivables) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.20 524.83 Td (Allowance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 516.83 Td (for credit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.40 508.83 Td (losses) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.45 516.83 Td (Restricted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.40 508.83 Td (cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.35 516.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.70 508.83 Td (assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.25 516.83 Td (T) Tj ET Q q 0 0 0 rg BT 474.85 516.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.20 508.83 Td (assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.80 516.83 Td (Asset-backed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.90 508.83 Td (debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 494.27 Td (On-balance sheet assets and liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 479.27 Td (Consolidated VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 464.27 Td (Term asset-backed securitizations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.60 464.27 Td (1,458,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.80 464.32 Td (\(32,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 464.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 464.27 Td (110,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 464.27 Td (2,987) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.60 464.27 Td (1,539,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 464.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 464.27 Td (1,271,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 450.17 Td (Asset-backed U.S. commercial paper conduit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 440.17 Td (facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 440.27 Td (422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 440.27 Td (422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 425.27 Td (Unconsolidated VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 411.17 Td (Asset-backed Canadian commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 401.17 Td (conduit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.10 401.27 Td (185,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.80 401.32 Td (\(2,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 401.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.10 401.27 Td (12,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 401.27 Td (262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.10 401.27 Td (194,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.10 401.27 Td (166,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 386.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.60 386.27 Td (1,643,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.80 386.32 Td (\(35,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 386.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 386.27 Td (122,052) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 386.27 Td (3,671) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.60 386.27 Td (1,734,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 386.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 386.27 Td (1,438,445) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 365.10 Td (T) Tj ET Q q 0 0 0 rg BT 54.64 365.10 Td (erm ) Tj ET Q q 0 0 0 rg BT 72.51 365.10 Td (Asset-Backed Securitization VIEs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 344.10 Td (The Company transfers U.S. retail motorcycle finance receivables to SPEs which in turn issue secured notes to investors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.10 Td (with various maturities and interest rates, secured by future collections of the purchased U.S. retail motorcycle finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.10 Td (receivables. Each term asset-backed securitization SPE is a separate legal entity and the U.S. retail motorcycle finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.10 Td (receivables included in the term asset-backed securitizations are only available for payment of the secured debt and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.10 Td (obligations arising from the term asset-backed securitization transactions and are not available to pay other obligations or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.10 Td (claims of the Company) Tj ET Q q 0 0 0 rg BT 145.82 284.10 Td (s creditors until the associated secured debt and other obligations are satisfied. ) Tj ET Q q 0 0 0 rg BT 461.37 284.10 Td (There are no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (amortization schedules for the secured notes; however) Tj ET Q q 0 0 0 rg BT 266.74 272.10 Td (, the debt is reduced monthly as available collections on the related U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (retail motorcycle finance receivables are applied to outstanding principal. Restricted cash balances held by the SPEs are used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (only to support the securitizations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 227.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.83 227.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 227.10 Td (, the Company transferred a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.78 227.10 Td ($1.31 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.89 227.10 Td ( of U.S. retail motorcycle finance receivables to two separate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (SPEs. ) Tj ET Q q 0 0 0 rg BT 75.94 215.10 Td (The SPEs in turn issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.00 215.10 Td ($1.20 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.11 215.10 Td ( of secured notes. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.42 215.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.42 215.10 Td (, the Company transferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.33 215.10 Td ($924.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.22 215.10 Td ( of U.S. retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (motorcycle finance receivables to one SPE. ) Tj ET Q q 0 0 0 rg BT 226.14 203.10 Td (The SPE in turn issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.31 203.10 Td ($850.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.20 203.10 Td ( of secured notes. ) Tj ET Q q 0 0 0 rg BT 451.12 203.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.62 203.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.21 203.10 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (Company's consolidated balance sheet included outstanding balances related to the following secured notes with the related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.10 Td (maturity dates and interest rates \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.39 179.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 140.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 140.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 140.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 140.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 140.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 140.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 140.60 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 110.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 110.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 110.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 110.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 110.60 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 80.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 80.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 80.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 80.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 80.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 80.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 80.60 165.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 140.60000000000002 m 230.5 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 140.60000000000002 m 312.5 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 140.60000000000002 m 393.5 140.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 140.60000000000002 m 562.5 140.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 122.30 144.83 Td (Issue Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.20 160.68 Td (Principal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.30 152.68 Td (Amount at Date of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 144.68 Td (Issuance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.00 160.68 Td (W) Tj ET Q q 0 0 0 rg BT 330.56 160.68 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 363.29 160.68 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.80 152.68 Td (Rate at Date of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.80 144.68 Td (Issuance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 144.83 Td (Contractual MaturityDate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.55 130.27 Td (May 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 130.27 Td ($500,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 130.27 Td (0.88%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 130.27 Td (May 2016 - December 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.20 115.27 Td (January 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 115.27 Td ($700,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 115.27 Td (0.89%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.60 115.27 Td (February 2016 - August 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.15 100.27 Td (April 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 100.27 Td ($850,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 100.27 Td (0.66%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 100.27 Td (April 2015 - October 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.15 85.27 Td (April 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 85.27 Td ($650,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 85.27 Td (0.57%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 85.27 Td (May 2014 - December 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.40 70.27 Td (July 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 70.27 Td ($675,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 70.27 Td (0.59%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.20 70.27 Td (August 2013 - June 2018) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (In addition to the above transactions, during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.85 742.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.85 742.10 Td ( the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.95 742.10 Td ($89.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.84 742.10 Td ( of secured notes through the sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (notes that had been previously retained as part of the December 2009, ) Tj ET Q q 0 0 0 rg BT 331.29 730.10 Td (August 201) Tj ET Q q 0 0 0 rg BT 377.31 730.10 Td (1 and November 201) Tj ET Q q 0 0 0 rg BT 461.09 730.10 Td (1 term asset-backed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (securitization transactions. ) Tj ET Q q 0 0 0 rg BT 158.95 718.10 Td (These notes were sold at a premium. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.62 718.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.62 718.10 Td (, the notes related to the ) Tj ET Q q 0 0 0 rg BT 456.09 718.10 Td (August 201) Tj ET Q q 0 0 0 rg BT 502.11 718.10 Td (1 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (November 201) Tj ET Q q 0 0 0 rg BT 109.34 706.10 Td (1 term asset-backed securitization transactions were repaid. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.62 706.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.62 706.10 Td (, the notes related to the December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (2009 term asset-backed securitization transaction were repaid. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 673.10 Td (Outstanding balances related to the following secured notes were included in the Company's consolidated balance sheet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.72 661.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.30 661.10 Td ( and the Company completed repayment of those balances during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.67 661.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.67 661.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.88 661.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 620.60 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 312.50 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 620.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 620.60 165.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 620.6 m 230.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234.5 620.6 m 312.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 620.6 m 393.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 620.6 m 562.5 620.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 122.30 624.83 Td (Issue Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.20 640.83 Td (Principal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 241.30 632.83 Td (Amount at Date of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.30 624.83 Td (Issuance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.00 640.83 Td (W) Tj ET Q q 0 0 0 rg BT 330.56 640.83 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 363.29 640.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.80 632.83 Td (Rate at Date of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.80 624.83 Td (Issuance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 624.83 Td (Contractual Maturity Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.80 610.27 Td (November 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 610.27 Td ($513,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 610.27 Td (0.88%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 610.27 Td (November 2012 - February 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.45 595.27 Td (August 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.25 595.27 Td ($573,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.55 595.27 Td (0.76%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.25 595.27 Td (September 2012 - August 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 570.10 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.19 570.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.78 570.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.21 570.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.21 570.10 Td (, interest expense on the secured notes was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.77 570.10 Td ($17.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.66 570.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.10 570.10 Td ($13.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 558.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.55 558.10 Td (, which is included in financial services interest expense. ) Tj ET Q q 0 0 0 rg BT 361.02 558.10 Td (The weighted average interest rate of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td (outstanding term asset-backed securitization transactions was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.26 546.10 Td (1.04%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.09 546.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.53 546.10 Td (0.94%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.36 546.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.57 546.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.16 546.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.59 546.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.59 546.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 552.26 546.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (Asset-Backed U.S. Commer) Tj ET Q q 0 0 0 rg BT 160.16 520.10 Td (cial Paper Conduit Facility VIE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 499.10 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.72 499.10 Td (December14, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.31 499.10 Td (, the Company entered into a new revolving facility agreement \(U.S. Conduit\) with a third party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (bank-sponsored asset-backed U.S. commercial paper conduit, which provides for a total aggregate commitment of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.35 487.10 Td ($600.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 475.10 Td ( based on, among other things, the amount of eligible U.S. retail motorcycle finance receivables held by the SPE as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (collateral. ) Tj ET Q q 0 0 0 rg BT 92.02 463.10 Td (The prior facility agreement expired on December 14, 2015 and had similar terms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 442.10 Td (Under the facility) Tj ET Q q 0 0 0 rg BT 143.88 442.10 Td (, the Company may transfer U.S. retail motorcycle finance receivables to a SPE, which in turn may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (issue debt to third-party bank-sponsored asset-backed commercial paper conduits. ) Tj ET Q q 0 0 0 rg BT 380.27 430.10 Td (The assets of the SPE are restricted as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (collateral for the payment of the debt or other obligations arising in the transaction and are not available to pay other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (obligations or claims of the Company) Tj ET Q q 0 0 0 rg BT 203.59 406.10 Td (s creditors. ) Tj ET Q q 0 0 0 rg BT 249.79 406.10 Td (The terms for this debt provide for interest on the outstanding principal based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (on prevailing commercial paper rates or LIBOR to the extent the advance is not funded by a conduit lender through the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (issuance of commercial paper plus, in each case, a program fee based on outstanding principal. ) Tj ET Q q 0 0 0 rg BT 431.90 382.10 Td (The U.S. Conduit also provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (for an unused commitment fee based on the unused portion of the total aggregate commitment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.44 370.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.34 370.10 Td (. ) Tj ET Q q 0 0 0 rg BT 504.16 370.10 Td (There is no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (amortization schedule; however) Tj ET Q q 0 0 0 rg BT 177.33 358.10 Td (, the debt will be reduced monthly as available collections on the related finance receivables are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (applied to outstanding principal. Upon expiration of the U.S. Conduit, any outstanding principal will continue to be reduced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (monthly through available collections. Unless earlier terminated or extended by mutual agreement of the Company and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (lenders, the U.S. Conduit has an expiration date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.40 322.10 Td (December14, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.98 322.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 301.10 Td (The SPE had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.72 301.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.72 301.10 Td ( borrowings outstanding under the U.S. Conduit at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.15 301.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.73 301.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.06 301.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.06 301.10 Td (; therefore, these assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (are restricted as collateral for the payment of fees associated with the unused portion of the total aggregate commitment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 277.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 256.10 Td (For both years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.65 256.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.23 256.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.67 256.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.67 256.10 Td (, the interest expense was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.08 256.10 Td ($1.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.97 256.10 Td ( related to the unused portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (the total aggregate commitment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.23 244.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.12 244.10 Td (. Interest expense on the U.S. Conduit is included in financial services interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (expense. ) Tj ET Q q 0 0 0 rg BT 87.03 232.10 Td (There was no weighted average interest rate at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.27 232.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.85 232.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.18 232.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.18 232.10 Td ( as the Company had no outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (borrowings under the U.S. Conduit during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.66 220.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.66 220.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.99 220.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.99 220.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 199.10 Td (Asset-Backed Canadian Commer) Tj ET Q q 0 0 0 rg BT 182.38 199.10 Td (cial Paper Conduit Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 178.10 Td (In June 2015, the Company amended its facility agreement \(Canadian Conduit\) with a Canadian bank-sponsored asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (backed commercial paper conduit. Under the agreement, the Canadian Conduit is contractually committed, at the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (option, to purchase eligible Canadian retail motorcycle finance receivables from the Company for proceeds up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.56 154.10 Td (C$240 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 142.10 Td (. ) Tj ET Q q 0 0 0 rg BT 83.71 142.10 Td (The transferred assets are restricted as collateral for the payment of debt. ) Tj ET Q q 0 0 0 rg BT 377.01 142.10 Td (The terms for this debt provide for interest on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (the outstanding principal based on prevailing market interest rates plus a specified mar) Tj ET Q q 0 0 0 rg BT 396.38 130.10 Td (gin. ) Tj ET Q q 0 0 0 rg BT 413.97 130.10 Td (The Canadian Conduit also provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (for a program fee and an unused commitment fee based on the unused portion of the total aggregate commitment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.41 118.10 Td (C$240 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 106.10 Td (. ) Tj ET Q q 0 0 0 rg BT 83.71 106.10 Td (There is no amortization schedule; however) Tj ET Q q 0 0 0 rg BT 258.53 106.10 Td (, the debt is reduced monthly as available collections on the related finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (receivables are applied to outstanding principal. Upon expiration of the Canadian Conduit, any outstanding principal will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (continue to be reduced monthly through available collections. Unless earlier terminated or extended by mutual agreement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (the Company and the lenders, the Canadian Conduit expires on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.22 70.10 Td (June30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.05 70.10 Td (. ) Tj ET Q q 0 0 0 rg BT 365.87 70.10 Td (The contractual maturity of the debt is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 58.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.26 58.10 Td ( years. ) Tj ET Q endstream endobj 145 0 obj <> endobj 146 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 742.10 Td (During 2015 and 2014, the Company transferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.68 742.10 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.57 742.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.01 742.10 Td ($97.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.90 742.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 454.56 742.10 Td (, of Canadian retail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (motorcycle finance receivables to the Canadian Conduit for proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.89 730.10 Td ($87.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.78 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.22 730.10 Td ($85.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.11 730.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 519.77 730.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td ( ) Tj ET Q q 0 0 0 rg BT 72.50 709.10 Td (For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.58 709.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.17 709.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.61 709.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.61 709.10 Td (, the Company recorded interest expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.66 709.10 Td ($3.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.55 709.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.99 709.10 Td ($3.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 697.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.55 697.10 Td (, on the secured notes. Interest expense on the Canadian Conduit is included in financial services interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (expense. ) Tj ET Q q 0 0 0 rg BT 87.03 685.10 Td (The weighted average interest rate of the outstanding Canadian Conduit was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.99 685.10 Td (1.80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.82 685.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.25 685.10 Td (2.03%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.08 685.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.30 685.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.88 685.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 673.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 673.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 652.10 Td (As the Company participates in and does not consolidate the Canadian bank-sponsored, multi-seller conduit ) Tj ET Q q 0 0 0 rg BT 506.39 652.10 Td (VIE, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.10 Td (maximum exposure to loss associated with this ) Tj ET Q q 0 0 0 rg BT 240.63 640.10 Td (VIE, which would only be incurred in the unlikely event that all the finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.10 Td (receivables and underlying collateral have no residual value, is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.79 628.10 Td ($24.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.68 628.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.90 628.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.48 628.10 Td (. ) Tj ET Q q 0 0 0 rg BT 453.30 628.10 Td (The maximum exposure is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (not an indication of the Company's expected loss exposure.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (7. Fair) Tj ET Q q 0 0 0 rg BT 88.14 595.10 Td ( ) Tj ET Q q 0 0 0 rg BT 90.46 595.10 Td (V) Tj ET Q q 0 0 0 rg BT 96.77 595.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 149.63 595.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 574.10 Td (Certain assets and liabilities are recorded at fair value in the financial statements; some of these are measured on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (recurring basis while others are measured on a non-recurring basis. ) Tj ET Q q 0 0 0 rg BT 320.19 562.10 Td (Assets and liabilities measured on a recurring basis are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (those that are adjusted to fair value each time a financial statement is prepared. ) Tj ET Q q 0 0 0 rg BT 367.37 550.10 Td (Assets and liabilities measured on a non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (recurring basis are those that are adjusted to fair value when required by particular events or circumstances. In determining the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (fair value of assets and liabilities, the Company uses various valuation techniques. ) Tj ET Q q 0 0 0 rg BT 381.41 526.10 Td (The availability of inputs observable in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (market varies from instrument to instrument and depends on a variety of factors including the type of instrument, whether the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (instrument is actively traded, and other characteristics particular to the transaction. For many financial instruments, pricing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (inputs are readily observable in the market, the valuation methodology used is widely accepted by market participants, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (valuation does not require significant management discretion. For other financial instruments, pricing inputs are less observable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (in the market and may require management judgment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 445.10 Td (The Company assesses the inputs used to measure fair value using a three-tier hierarchy) Tj ET Q q 0 0 0 rg BT 423.68 445.10 Td (. ) Tj ET Q q 0 0 0 rg BT 428.50 445.10 Td (The hierarchy indicates the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.10 Td (extent to which inputs used in measuring fair value are observable in the market. Level 1 inputs include quoted prices for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.10 Td (identical instruments and are the most observable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 400.10 Td (Level 2 inputs include quoted prices for similar assets and observable inputs such as interest rates, foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (exchange rates, commodity prices. ) Tj ET Q q 0 0 0 rg BT 190.88 388.10 Td (The Company uses the market approach to derive the fair value for its level 2 fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.10 Td (measurements. Forward contracts for foreign currency) Tj ET Q q 0 0 0 rg BT 267.04 376.10 Td (, commodities and interest rates are valued using current quoted forward ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (rates and prices; and investments in marketable securities and cash equivalents are valued using publicly quoted prices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 343.10 Td (Level 3 inputs are not observable in the market and include management's judgments about the assumptions market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (participants would use in pricing the asset or liability) Tj ET Q q 0 0 0 rg BT 261.53 331.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (Recurring Fair V) Tj ET Q q 0 0 0 rg BT 118.33 310.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 168.22 310.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 289.10 Td (The following tables present information about the Company) Tj ET Q q 0 0 0 rg BT 319.95 289.10 Td (s assets and liabilities measured at fair value on a recurring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (basis as of December31 \(in thousands\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 222.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 222.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 222.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 222.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 222.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 192.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 192.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 192.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 192.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 192.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 192.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 162.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 162.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 162.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 162.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 162.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 162.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 162.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 162.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 162.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 132.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 132.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 132.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 132.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 132.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 222.60000000000002 m 332.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 222.60000000000002 m 408.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 222.60000000000002 m 485.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 222.60000000000002 m 562.5 222.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 162.60000000000002 m 332.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 162.60000000000002 m 408.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 162.60000000000002 m 485.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 162.60000000000002 m 562.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 148.60000000000002 m 332.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 146.60000000000002 m 332.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 162.60000000000002 m 408.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 148.60000000000002 m 408.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 146.60000000000002 m 408.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 162.60000000000002 m 485.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 148.60000000000002 m 485.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 146.60000000000002 m 485.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 162.60000000000002 m 562.5 162.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 148.60000000000002 m 562.5 148.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 146.60000000000002 m 562.5 146.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 118.60000000000002 m 332.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 116.60000000000002 m 332.5 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 118.60000000000002 m 408.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 116.60000000000002 m 408.5 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 118.60000000000002 m 485.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 116.60000000000002 m 485.5 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 118.60000000000002 m 562.5 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 116.60000000000002 m 562.5 116.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.50 226.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.55 250.83 Td (QuotedPrices in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 242.83 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.40 234.83 Td (Identical ) Tj ET Q q 0 0 0 rg BT 377.18 234.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.00 226.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.05 258.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.35 250.68 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.90 242.68 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.35 234.68 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.50 226.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.05 250.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.90 242.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.35 234.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.50 226.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 212.27 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 197.27 Td (Cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 197.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 197.27 Td (555,910) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 197.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 197.27 Td (390,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 197.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 197.27 Td (165,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 197.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 197.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 182.27 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 182.27 Td (81,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 182.27 Td (36,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 182.27 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 182.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 167.27 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 167.27 Td (16,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 167.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 167.27 Td (16,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 167.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 152.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 152.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 152.27 Td (653,593) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 152.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 152.27 Td (426,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 152.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 152.27 Td (226,631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 152.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 152.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 137.27 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 122.27 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 122.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 122.27 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 122.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 122.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 122.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 122.27 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 122.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 122.27 Td () Tj ET Q BT /F1 10.00 Tf ET endstream endobj 147 0 obj <> endobj 148 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (73) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 704.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 704.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 704.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 704.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 704.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 674.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 674.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 674.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 674.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 674.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 674.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 674.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 674.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 644.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 644.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 644.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 644.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 644.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 644.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 644.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 644.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 614.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 614.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 614.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 614.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 614.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 614.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 614.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 614.50 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 704.5 m 332.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 704.5 m 408.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 704.5 m 485.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 704.5 m 562.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 644.5 m 332.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 644.5 m 408.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 644.5 m 485.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 644.5 m 562.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 630.5 m 332.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 628.5 m 332.5 628.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 644.5 m 408.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 630.5 m 408.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 628.5 m 408.5 628.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 644.5 m 485.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 630.5 m 485.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 628.5 m 485.5 628.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 644.5 m 562.5 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 630.5 m 562.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 628.5 m 562.5 628.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 600.5 m 332.5 600.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 598.5 m 332.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 600.5 m 408.5 600.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 598.5 m 408.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 600.5 m 485.5 600.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 598.5 m 485.5 598.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 600.5 m 562.5 600.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 598.5 m 562.5 598.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.50 708.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.55 732.73 Td (QuotedPricesin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 724.73 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.40 716.73 Td (Identical ) Tj ET Q q 0 0 0 rg BT 377.18 716.73 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.00 708.73 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.05 740.58 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.35 732.58 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.90 724.58 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.35 716.58 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.50 708.58 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.05 732.73 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.90 724.73 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.35 716.73 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.50 708.73 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 694.17 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 679.17 Td (Cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 679.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 679.17 Td (737,024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 679.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 679.17 Td (482,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 679.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 679.17 Td (254,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 679.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 679.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 664.17 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 664.17 Td (91,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 664.17 Td (33,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 664.17 Td (57,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 664.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 649.17 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 649.17 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 649.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 649.17 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 649.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 634.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 634.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 634.17 Td (860,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 634.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 634.17 Td (516,501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 634.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 634.17 Td (343,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 634.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 634.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 619.17 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 604.17 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 604.17 Td (2,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 604.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 604.17 Td (2,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 604.17 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 579.00 Td (Nonr) Tj ET Q q 0 0 0 rg BT 70.19 579.00 Td (ecurring Fair V) Tj ET Q q 0 0 0 rg BT 132.41 579.00 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 182.30 579.00 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 558.00 Td (Repossessed inventory is recorded at the lower of cost or net realizable value through a nonrecurring fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.00 Td (measurement. Repossessed inventory was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.24 546.00 Td ($17.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.13 546.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.57 546.00 Td ($13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.46 546.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.68 546.00 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.26 546.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.70 546.00 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.70 546.00 Td (, for which the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.00 Td (value adjustment was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.59 534.00 Td ($8.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.48 534.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.92 534.00 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.81 534.00 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.03 534.00 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.61 534.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.05 534.00 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.05 534.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 438.71 534.00 Td (. Fair value is estimated using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.00 Td (Level 2 inputs based on the recent market values of repossessed inventory) Tj ET Q q 0 0 0 rg BT 345.65 522.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 501.00 Td (8. Fair) Tj ET Q q 0 0 0 rg BT 88.14 501.00 Td ( ) Tj ET Q q 0 0 0 rg BT 90.46 501.00 Td (V) Tj ET Q q 0 0 0 rg BT 96.77 501.00 Td (alue of Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 480.00 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 480.00 Td (s financial instruments consist primarily of cash and cash equivalents, marketable securities, finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.00 Td (receivables, net, debt, foreign currency exchange and commodity contracts \(derivative instruments are discussed further in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.00 Td (Note 9\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 435.00 Td (The following table summarizes the fair value and carrying value of the Company) Tj ET Q q 0 0 0 rg BT 405.00 435.00 Td (s financial instruments at December31 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.00 Td (\(in thousands\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 388.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 388.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 388.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 388.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 388.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 388.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 388.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 388.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 388.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 358.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 358.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 358.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 358.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 358.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 358.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 358.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 358.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 358.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 328.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 328.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 328.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 328.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 328.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 328.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 328.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 328.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 328.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 298.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 298.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 298.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 298.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 298.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 298.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 298.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 298.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 298.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 268.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 268.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 268.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 268.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 268.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 268.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 268.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 268.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 268.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 231.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 231.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 231.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 231.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 231.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 231.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 231.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 231.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 231.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 201.50 191.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 201.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 201.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 201.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 201.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 201.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 201.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 201.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 201.50 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 400.5 m 315.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 400.5 m 319.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 400.5 m 389.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 400.5 m 463.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 400.5 m 467.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 400.5 m 538.5 400.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 388.5 m 315.5 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 388.5 m 389.5 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 388.5 m 463.5 388.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 388.5 m 538.5 388.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 404.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.00 404.58 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.50 404.58 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 392.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.15 392.58 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.65 392.58 Td (CarryingValue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.15 392.58 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.15 392.58 Td (CarryingValue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 378.17 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 363.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 363.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 363.17 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 363.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 363.17 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 363.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 363.17 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 363.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 363.17 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 348.17 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 348.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 348.17 Td (81,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 348.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 348.17 Td (81,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 348.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 348.17 Td (91,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 348.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 348.17 Td (91,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 333.17 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 333.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 333.17 Td (16,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 333.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 333.17 Td (16,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 333.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 333.17 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 333.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 333.17 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 318.17 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 318.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 318.17 Td (6,937,053) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 318.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 318.17 Td (6,868,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 318.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 318.17 Td (6,519,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 318.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 318.17 Td (6,432,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 303.17 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 303.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 303.17 Td (110,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 303.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 303.17 Td (110,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 303.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 303.17 Td (122,052) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 303.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 303.17 Td (122,052) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 288.17 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 273.17 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 273.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 273.17 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 273.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 273.17 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 273.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 273.17 Td (2,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 273.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.15 273.17 Td (2,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 258.17 Td (Unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 258.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 258.17 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 258.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 258.17 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 258.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 258.17 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 258.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 258.17 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 244.07 Td (Asset-backed Canadian commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 234.12 Td (paper conduit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 236.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 236.17 Td (153,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 236.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 236.17 Td (153,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 236.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 236.17 Td (166,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 236.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 236.17 Td (166,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 221.17 Td (Medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 221.17 Td (3,410,966) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 221.17 Td (3,325,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 221.17 Td (3,502,536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 221.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 221.17 Td (3,334,398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 206.17 Td (Senior unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 206.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 206.17 Td (737,435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 206.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 206.17 Td (746,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 206.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 206.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 206.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 206.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 191.17 Td (Term asset-backed securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 191.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 191.17 Td (1,455,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 191.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 191.17 Td (1,463,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 191.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 191.17 Td (1,270,656) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 191.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 191.17 Td (1,271,533) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 166.00 Td (Cash and Cash Equivalents and Restricted Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.44 166.00 Td ( ) Tj ET Q q 0 0 0 rg BT 278.26 166.00 Td (W) Tj ET Q q 0 0 0 rg BT 287.30 166.00 Td (ith the exception of certain cash equivalents, the carrying value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.00 Td (these items in the financial statements is based on historical cost. ) Tj ET Q q 0 0 0 rg BT 311.98 154.00 Td (The historical cost basis for these amounts is estimated to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.00 Td (approximate their respective fair values due to the short maturity of these instruments. Fair value is based on Level 1 or Level 2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.00 Td (inputs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 109.00 Td (Marketable Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.03 109.00 Td ( ) Tj ET Q q 0 0 0 rg BT 171.85 109.00 Td (The carrying value of marketable securities in the financial statements is based on fair value. ) Tj ET Q q 0 0 0 rg BT 544.85 109.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.00 Td (fair value of marketable securities is determined primarily based quoted prices for identical instruments or on quoted market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.00 Td (prices of similar financial assets. Fair value is based on Level 1 or Level 2 inputs.) Tj ET Q endstream endobj 149 0 obj <> endobj 150 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (74) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (Finance Receivables, Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.90 742.10 Td ( ) Tj ET Q q 0 0 0 rg BT 185.72 742.10 Td (The carrying value of retail and wholesale finance receivables in the financial statements is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (amortized cost less an allowance for credit losses. ) Tj ET Q q 0 0 0 rg BT 251.69 730.10 Td (The fair value of retail finance receivables is generally calculated by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (discounting future cash flows using an estimated discount rate that reflects current credit, interest rate and prepayment risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (associated with similar types of instruments. Fair value is determined based on Level 3 inputs. ) Tj ET Q q 0 0 0 rg BT 429.46 706.10 Td (The amortized cost basis of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (wholesale finance receivables approximates fair value because they either are short-term or have interest rates that adjust with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (changes in market interest rates.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 661.10 Td (Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.09 661.10 Td ( Forward contracts for foreign currency exchange and commodities are derivative financial instruments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (are carried at fair value on the balance sheet. ) Tj ET Q q 0 0 0 rg BT 230.83 649.10 Td (The fair value of these contracts is determined using quoted forward rates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (prices. Fair value is calculated using Level 2 inputs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 616.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.44 616.10 Td ( ) Tj ET Q q 0 0 0 rg BT 103.26 616.10 Td (The carrying value of debt in the financial statements is generally amortized cost. ) Tj ET Q q 0 0 0 rg BT 431.29 616.10 Td (The carrying value of unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (commercial paper approximates fair value due to its short maturity) Tj ET Q q 0 0 0 rg BT 316.21 604.10 Td (. Fair value is calculated using Level 2 inputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 583.10 Td (The carrying value of debt provided under the Canadian Conduit approximates fair value since the interest rates char) Tj ET Q q 0 0 0 rg BT 540.59 583.10 Td (ged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (under the facility are tied directly to market rates and fluctuate as market rates change. Fair value is calculated using Level 2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (inputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 538.10 Td (The fair values of the medium-term notes are estimated based upon rates currently available for debt with similar terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (and remaining maturities. Fair value is calculated using Level 2 inputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 505.10 Td (The fair value of the senior unsecured notes was estimated based upon rates then available for debt with similar terms and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.10 Td (remaining maturities. Fair value was calculated using Level 2 inputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 472.10 Td (The fair value of the debt related to term asset-backed securitization transactions is estimated based on pricing currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (available for transactions with similar terms and maturities. Fair value is calculated using Level 2 inputs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (9. Derivative Instruments and Hedging ) Tj ET Q q 0 0 0 rg BT 228.34 439.10 Td (Activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 418.10 Td (The Company is exposed to certain risks such as foreign currency exchange rate risk, interest rate risk and commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (price risk. ) Tj ET Q q 0 0 0 rg BT 92.30 406.10 Td (T) Tj ET Q q 0 0 0 rg BT 97.71 406.10 Td (o reduce its exposure to such risks, the Company selectively uses derivative financial instruments. ) Tj ET Q q 0 0 0 rg BT 492.07 406.10 Td (All derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (transactions are authorized and executed pursuant to regularly reviewed policies and procedures, which prohibit the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (financial instruments for speculative trading purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 361.10 Td (All derivative instruments are recognized on the balance sheet at fair value \(see Note 8\). In accordance with ) Tj ET Q q 0 0 0 rg BT 505.92 361.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 527.70 361.10 Td (T) Tj ET Q q 0 0 0 rg BT 533.11 361.10 Td (opic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (815, "Derivatives and Hedging," the accounting for changes in the fair value of a derivative instrument depends on whether it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (has been designated and qualifies as part of a hedging relationship and, further) Tj ET Q q 0 0 0 rg BT 363.66 337.10 Td (, on the type of hedging relationship. Changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (recorded in current period earnings. For derivative instruments that are designated as cash flow hedges, the ef) Tj ET Q q 0 0 0 rg BT 488.00 313.10 Td (fective portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (gains and losses that result from changes in the fair value of derivative instruments is initially recorded in other comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (income \(OCI\) and subsequently reclassified into earnings when the hedged item af) Tj ET Q q 0 0 0 rg BT 380.55 289.10 Td (fects income. ) Tj ET Q q 0 0 0 rg BT 436.18 289.10 Td (The Company assesses, both at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (the inception of each hedge and on an on-going basis, whether the derivatives that are used in its hedging transactions are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (highly ef) Tj ET Q q 0 0 0 rg BT 85.64 265.10 Td (fective in of) Tj ET Q q 0 0 0 rg BT 133.77 265.10 Td (fsetting changes in cash flows of the hedged items. ) Tj ET Q q 0 0 0 rg BT 339.28 265.10 Td (Any inef) Tj ET Q q 0 0 0 rg BT 374.37 265.10 Td (fective portion is immediately recognized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (earnings. No component of a hedging derivative instrument) Tj ET Q q 0 0 0 rg BT 291.05 253.10 Td (s gain or loss is excluded from the assessment of hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 241.10 Td (fectiveness. Derivative instruments that do not qualify for hedge accounting are recorded at fair value and any changes in fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (value are recorded in current period earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 208.10 Td (The Company sells its products internationally and in most markets those sales are made in the foreign country) Tj ET Q q 0 0 0 rg BT 519.34 208.10 Td (s local ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (currency) Tj ET Q q 0 0 0 rg BT 84.33 196.10 Td (. ) Tj ET Q q 0 0 0 rg BT 88.77 196.10 Td (As a result, the Company) Tj ET Q q 0 0 0 rg BT 192.92 196.10 Td (s earnings can be af) Tj ET Q q 0 0 0 rg BT 271.60 196.10 Td (fected by fluctuations in the value of the U.S. dollar relative to foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (currency) Tj ET Q q 0 0 0 rg BT 84.33 184.10 Td (. ) Tj ET Q q 0 0 0 rg BT 89.15 184.10 Td (The Company utilizes foreign currency exchange contracts to mitigate the ef) Tj ET Q q 0 0 0 rg BT 395.51 184.10 Td (fects of the Euro, the ) Tj ET Q q 0 0 0 rg BT 481.04 184.10 Td (Australian dollar) Tj ET Q q 0 0 0 rg BT 548.12 184.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (the Japanese yen, the Brazilian real and the Mexican peso. ) Tj ET Q q 0 0 0 rg BT 285.83 172.10 Td (The foreign currency exchange contracts are entered into with banks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (and allow the Company to exchange a specified amount of foreign currency for U.S. dollars at a future date, based on a fixed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (exchange rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 127.10 Td (The Company utilizes commodity contracts to hedge portions of the cost of certain commodities consumed in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 115.10 Td (s motorcycle production and distribution operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 94.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 132.21 94.10 Td (s foreign currency exchange contracts and commodity contracts generally have maturities of less than one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (year) Tj ET Q q 0 0 0 rg BT 66.66 82.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 61.10 Td (During the second quarter of 2015, the Company entered into treasury rate locks to fix the interest rate on a portion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 49.10 Td (principal related to its anticipated issuance of senior unsecured debt during the third quarter of 2015. ) Tj ET Q q 0 0 0 rg BT 454.41 49.10 Td (The treasury rate lock ) Tj ET Q endstream endobj 151 0 obj <> endobj 152 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (contracts were settled in July 2015. ) Tj ET Q q 0 0 0 rg BT 193.39 742.10 Td (The loss at settlement was recorded in accumulated other comprehensive loss and will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (reclassified into earnings over the life of the debt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 709.10 Td (The Company utilized interest rate swaps to reduce the impact of fluctuations in interest rates on its unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (commercial paper by converting a portion from a floating rate basis to a fixed rate basis. ) Tj ET Q q 0 0 0 rg BT 405.53 697.10 Td (The interest rate swaps expired during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (the second quarter of 2013, and as of December 31, 2013, there were no interest rate swaps outstanding.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 664.10 Td (The following tables summarize the fair value of the Company) Tj ET Q q 0 0 0 rg BT 326.59 664.10 Td (s derivative financial instruments at December31 \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 652.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.60 173.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.50 604.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 604.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 604.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 604.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 604.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 604.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 574.60 173.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.50 574.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 574.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 574.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 574.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 574.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 574.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.60 173.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.50 512.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 512.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 512.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 512.60 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 512.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 512.60 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 628.6 m 279.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 628.6 m 283.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 628.6 m 336.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 628.6 m 340.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 628.6 m 392.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 628.6 m 449.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 628.6 m 453.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 628.6 m 505.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 628.6 m 509.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 628.6 m 562.5 628.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 604.6 m 223.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 604.6 m 279.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 604.6 m 336.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 604.6 m 392.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 604.6 m 449.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 604.6 m 505.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 604.6 m 562.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 574.6 m 279.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 560.6 m 279.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 558.6 m 279.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 574.6 m 336.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 560.6 m 336.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 558.6 m 336.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 574.6 m 392.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 560.6 m 392.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 558.6 m 392.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 574.6 m 449.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 560.6 m 449.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 558.6 m 449.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 574.6 m 505.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 560.6 m 505.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 558.6 m 505.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 574.6 m 562.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 560.6 m 562.5 560.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 558.6 m 562.5 558.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 536.6 m 279.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 536.6 m 283.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 536.6 m 336.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 536.6 m 340.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 536.6 m 392.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 536.6 m 449.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 536.6 m 453.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 536.6 m 505.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 536.6 m 509.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 536.6 m 562.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 512.6 m 223.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 512.6 m 279.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 512.6 m 336.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 512.6 m 392.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 512.6 m 449.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 512.6 m 505.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 512.6 m 562.5 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 497.6 m 279.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 483.6 m 279.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 481.6 m 279.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 497.6 m 336.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 483.6 m 336.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 481.6 m 336.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 497.6 m 392.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 483.6 m 392.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 481.6 m 392.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 497.6 m 449.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 483.6 m 449.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 481.6 m 449.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 497.6 m 505.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 483.6 m 505.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 481.6 m 505.5 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 497.6 m 562.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 483.6 m 562.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 481.6 m 562.5 481.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 632.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.50 632.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.00 632.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 616.83 Td (Derivatives Designated ) Tj ET Q q 0 0 0 rg BT 132.99 616.83 Td (As Hedging) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 608.83 Td (Instruments Under) Tj ET Q q 0 0 0 rg BT 118.41 608.83 Td ( ) Tj ET Q q 0 0 0 rg BT 119.97 608.83 Td (ASC ) Tj ET Q q 0 0 0 rg BT 137.83 608.83 Td (T) Tj ET Q q 0 0 0 rg BT 142.43 608.83 Td (opic 815) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 616.83 Td (Notional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.35 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 248.39 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.35 616.83 Td (Asset) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.65 608.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 303.17 608.83 Td () Tj ET Q q 0 0 0 rg BT 305.02 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 310.06 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 324.29 612.46 Td (\(a\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.30 616.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 608.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 359.52 608.83 Td () Tj ET Q q 0 0 0 rg BT 361.37 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 366.41 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 380.64 612.46 Td (\(b\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 616.83 Td (Notional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.85 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 417.89 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.85 616.83 Td (Asset) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.15 608.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 472.67 608.83 Td () Tj ET Q q 0 0 0 rg BT 474.52 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 479.56 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 493.79 612.46 Td (\(a\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.80 616.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.50 608.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 529.02 608.83 Td () Tj ET Q q 0 0 0 rg BT 530.87 608.83 Td (V) Tj ET Q q 0 0 0 rg BT 535.91 608.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 550.14 612.46 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 594.27 Td (Foreign currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 160.18 598.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.10 594.27 Td (436,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 594.27 Td (16,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 594.27 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.10 594.27 Td (339,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 594.27 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 594.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.27 Td (Commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 145.49 583.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.65 579.27 Td (968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 579.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 579.27 Td (159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.15 579.27 Td (1,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 579.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 579.27 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 564.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.10 564.27 Td (437,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 564.27 Td (16,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 564.27 Td (340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.10 564.27 Td (340,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 564.27 Td (32,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 564.27 Td (414) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 540.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.50 540.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.00 540.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 524.83 Td (Derivatives Not Designated ) Tj ET Q q 0 0 0 rg BT 147.43 524.83 Td (As Hedging) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 516.83 Td (Instruments Under) Tj ET Q q 0 0 0 rg BT 118.41 516.83 Td ( ) Tj ET Q q 0 0 0 rg BT 119.97 516.83 Td (ASC ) Tj ET Q q 0 0 0 rg BT 137.83 516.83 Td (T) Tj ET Q q 0 0 0 rg BT 142.43 516.83 Td (opic 815) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.30 524.83 Td (Notional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.35 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 248.39 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.35 524.83 Td (Asset) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.65 516.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 303.17 516.83 Td ( ) Tj ET Q q 0 0 0 rg BT 305.02 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 310.06 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 324.29 520.46 Td (\(a\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.30 524.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.00 516.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 359.52 516.83 Td ( ) Tj ET Q q 0 0 0 rg BT 361.37 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 366.41 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 380.64 520.46 Td (\(b\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 524.83 Td (Notional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.85 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 417.89 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.85 524.83 Td (Asset) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.15 516.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 472.67 516.83 Td ( ) Tj ET Q q 0 0 0 rg BT 474.52 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 479.56 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 493.79 520.46 Td (\(a\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.80 524.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.50 516.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 529.02 516.83 Td ( ) Tj ET Q q 0 0 0 rg BT 530.87 516.83 Td (V) Tj ET Q q 0 0 0 rg BT 535.91 516.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 550.14 520.46 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 502.27 Td (Commodities contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 502.27 Td (6,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 502.27 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 502.27 Td (960) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 502.27 Td (11,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 502.27 Td (1,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 487.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 487.27 Td (6,510) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 487.27 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 487.27 Td (960) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 487.27 Td (11,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 487.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 487.27 Td (1,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 564.00 483.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 459.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 459.10 Td (Included in other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 447.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 447.10 Td (Included in accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 435.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 435.10 Td (Derivative designated as a cash flow hedge) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 414.10 Td (The following tables summarize the amount of gains and losses for the following years ended December31 related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (derivative financial instruments designated as cash flow hedges \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.30 402.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 359.60 281.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 359.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 359.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 359.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 359.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 359.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 359.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 329.60 281.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 329.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 329.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 329.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 329.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 299.60 281.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 299.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 299.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 299.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 299.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 299.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 299.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 371.6 m 408.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 371.6 m 412.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 371.6 m 485.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 371.6 m 489.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 371.6 m 562.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 359.6 m 331.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 371.6 m 408.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 359.6 m 408.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 371.6 m 485.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 359.6 m 485.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 371.6 m 562.5 371.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 359.6 m 562.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 359.6 m 408.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 359.6 m 485.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 359.6 m 562.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 299.6 m 408.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 285.6 m 408.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 283.6 m 408.5 283.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 299.6 m 485.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 285.6 m 485.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 283.6 m 485.5 283.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 299.6 m 562.5 299.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 285.6 m 562.5 285.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 283.6 m 562.5 283.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 375.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.15 383.68 Td (Amount of Gain/\(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.90 375.68 Td (Recognized in OCI, befor) Tj ET Q q 0 0 0 rg BT 483.86 375.68 Td (e tax) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 363.68 Td (Cash Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.50 363.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 363.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 363.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 349.27 Td (Foreign currency contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 349.27 Td (45,810) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 349.27 Td (47,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 349.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 349.27 Td (3,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 334.27 Td (Commodities contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.30 334.32 Td (\(421) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 334.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 334.32 Td (\(262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 334.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 334.27 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 319.27 Td (Treasury rate locks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.80 319.32 Td (\(7,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 319.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 319.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 319.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 304.27 Td (Interest rate swaps unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 304.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 304.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 304.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 304.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 289.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 289.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.15 289.27 Td (38,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 289.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 289.27 Td (46,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 289.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 289.27 Td (3,505) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 230.60 236.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 230.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 230.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 230.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 230.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 230.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 230.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 230.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 230.60 110.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 200.60 236.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 200.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 200.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 200.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 200.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 200.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 200.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 200.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 200.60 110.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 170.60 236.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 170.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 170.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 170.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 170.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 170.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 170.60 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 170.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 170.60 110.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 254.60000000000002 m 340.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 254.60000000000002 m 344.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 254.60000000000002 m 394.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 254.60000000000002 m 398.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 254.60000000000002 m 448.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 254.60000000000002 m 452.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 254.60000000000002 m 562.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 254.60000000000002 m 340.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 254.60000000000002 m 394.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 254.60000000000002 m 448.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 230.60000000000002 m 286.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 230.60000000000002 m 340.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 230.60000000000002 m 394.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 230.60000000000002 m 448.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 230.60000000000002 m 562.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 230.60000000000002 m 340.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 230.60000000000002 m 394.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 230.60000000000002 m 448.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 230.60000000000002 m 562.5 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 170.60000000000002 m 340.5 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 156.60000000000002 m 340.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 154.60000000000002 m 340.5 154.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 170.60000000000002 m 394.5 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 156.60000000000002 m 394.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 154.60000000000002 m 394.5 154.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 170.60000000000002 m 448.5 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 156.60000000000002 m 448.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 154.60000000000002 m 448.5 154.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 170.60000000000002 m 562.5 170.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 156.60000000000002 m 562.5 156.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 154.60000000000002 m 562.5 154.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 258.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.65 266.68 Td (Amount of Gain/\(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.95 258.68 Td (Reclassified fr) Tj ET Q q 0 0 0 rg BT 411.46 258.68 Td (om ) Tj ET Q q 0 0 0 rg BT 423.68 258.68 Td (AOCL) Tj ET Q q 0 0 0 rg BT 446.35 258.68 Td ( into Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 234.83 Td (Cash Flow Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.00 234.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.00 234.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.00 234.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.65 242.83 Td (ExpectedtobeReclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 234.83 Td (Over) Tj ET Q q 0 0 0 rg BT 473.28 234.83 Td (theNext) Tj ET Q q 0 0 0 rg BT 505.79 234.83 Td (T) Tj ET Q q 0 0 0 rg BT 510.53 234.83 Td (welveMonths) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 220.27 Td (Foreign currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 160.18 224.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 220.27 Td (59,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 220.27 Td (13,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 220.27 Td (482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 220.27 Td (16,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 205.27 Td (Commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 145.49 209.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.30 205.32 Td (\(677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 205.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 205.27 Td (228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.30 205.32 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 205.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 205.32 Td (\(159) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 205.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 190.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 190.27 Td (reasury rate locks) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 129.28 194.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.30 190.32 Td (\(151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 190.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 190.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 190.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 190.32 Td (\(362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 190.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 175.27 Td (Interest rate swaps unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 252.36 179.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 175.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 175.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.30 175.32 Td (\(345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 175.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 175.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 160.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 160.27 Td (58,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 160.27 Td (13,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 160.27 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 160.27 Td (16,217) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 132.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 132.10 Td (Gain/\(loss\) reclassified from accumulated other comprehensive loss \(AOCL\) to income is included in cost of goods sold.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 120.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 120.10 Td (Gain/\(loss\) reclassified from ) Tj ET Q q 0 0 0 rg BT 191.71 120.10 Td (AOCL) Tj ET Q q 0 0 0 rg BT 218.56 120.10 Td ( to income is included in interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 108.10 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 108.10 Td (Gain/\(loss\) reclassified from ) Tj ET Q q 0 0 0 rg BT 191.71 108.10 Td (AOCL) Tj ET Q q 0 0 0 rg BT 218.56 108.10 Td ( to income is included in financial services interest expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 87.10 Td (For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.08 87.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.67 87.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.11 87.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.11 87.10 Td (, the cash flow hedges were highly ef) Tj ET Q q 0 0 0 rg BT 421.76 87.10 Td (fective and, as a result, the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (of hedge inef) Tj ET Q q 0 0 0 rg BT 102.57 75.10 Td (fectiveness was not material. No amounts were excluded from ef) Tj ET Q q 0 0 0 rg BT 361.74 75.10 Td (fectiveness testing.) Tj ET Q endstream endobj 153 0 obj <> endobj 154 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The following table summarizes the amount of gains and losses for the years ended December31 related to derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (financial instruments not designated as hedging instruments \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.62 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 687.60 281.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 687.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 687.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 687.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 699.6 m 408.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 699.6 m 412.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 699.6 m 485.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 699.6 m 489.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 699.6 m 562.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 687.6 m 331.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 699.6 m 408.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 687.6 m 408.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 699.6 m 485.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 687.6 m 485.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 699.6 m 562.5 699.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 687.6 m 562.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 687.6 m 408.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 672.6 m 408.5 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 687.6 m 485.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 672.6 m 485.5 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 687.6 m 562.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 672.6 m 562.5 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 658.6 m 408.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 656.6 m 408.5 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 672.6 m 485.5 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 658.6 m 485.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 656.6 m 485.5 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 672.6 m 562.5 672.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 658.6 m 562.5 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 656.6 m 562.5 656.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 703.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.15 711.68 Td (Amount of Gain/\(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.95 703.68 Td (RecognizedinIncomeonDerivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 691.68 Td (Derivatives not Designated as Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.50 691.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 691.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 691.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 677.27 Td (Commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 145.49 681.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 677.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.30 677.32 Td (\(648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 677.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 677.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 677.32 Td (\(1,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 677.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 677.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 677.32 Td (\(572) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 677.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 662.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.30 662.32 Td (\(648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 662.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 662.32 Td (\(1,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 662.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 662.32 Td (\(572) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 662.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 564.00 658.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 634.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 634.10 Td (Gain/\(loss\) recognized in income is included in cost of goods sold.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (10.) Tj ET Q q 0 0 0 rg BT 71.95 613.10 Td (Accumulated Other) Tj ET Q q 0 0 0 rg BT 156.47 613.10 Td ( Compr) Tj ET Q q 0 0 0 rg BT 189.35 613.10 Td (ehensive Loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 592.10 Td (The following table sets forth the changes in accumulated other comprehensive loss \(AOCL\) for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (December31 \(in thousands\): ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 168.30 580.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 528.60 162.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 528.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 528.60 66.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 528.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 528.60 66.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 528.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 528.60 66.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 528.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 528.60 66.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 528.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 528.60 66.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 493.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 493.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 493.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 493.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 493.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 493.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 493.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 493.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 493.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 493.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 493.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 455.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 455.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 455.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 455.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 455.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 455.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 455.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 417.60 162.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 417.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 417.60 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 417.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 417.60 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 417.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 417.60 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 417.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 417.60 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 417.60 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 417.60 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 371.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 371.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 371.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 371.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 371.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 371.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 341.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 341.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 341.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 341.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 341.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 341.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 311.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 311.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 311.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 311.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 311.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 311.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 311.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 311.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 311.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 311.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 311.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 281.60 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 281.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 281.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 281.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 281.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 281.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 281.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 281.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 281.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 281.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 281.60 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 557.6 m 281.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 557.6 m 285.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 557.6 m 351.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 557.6 m 355.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 557.6 m 421.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 557.6 m 425.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 557.6 m 491.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 557.6 m 495.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 557.6 m 561.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 557.6 m 281.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 528.6 m 281.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 557.6 m 285.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 557.6 m 351.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 528.6 m 351.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 557.6 m 355.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 557.6 m 421.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 528.6 m 421.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 557.6 m 425.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 557.6 m 491.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 528.6 m 491.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 557.6 m 495.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 557.6 m 561.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 528.6 m 561.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 528.6 m 281.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 528.6 m 351.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 528.6 m 421.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 528.6 m 491.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 528.6 m 561.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 478.6 m 281.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 478.6 m 351.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 478.6 m 421.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 478.6 m 491.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 478.6 m 561.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 478.6 m 351.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 478.6 m 421.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 478.6 m 491.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 478.6 m 561.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 326.6 m 561.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 326.6 m 281.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 326.6 m 351.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 326.6 m 421.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 326.6 m 491.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 326.6 m 561.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 296.6 m 281.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 296.6 m 351.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 296.6 m 421.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 296.6 m 491.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 296.6 m 561.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 281.6 m 281.5 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 296.6 m 351.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 281.6 m 351.5 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 296.6 m 421.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 281.6 m 421.5 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 296.6 m 491.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 281.6 m 491.5 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 296.6 m 561.5 296.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 281.6 m 561.5 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 266.6 m 351.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 266.6 m 421.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 266.6 m 491.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 266.6 m 561.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 266.6 m 281.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 252.60000000000002 m 281.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 250.60000000000002 m 281.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 266.6 m 351.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 252.60000000000002 m 351.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 250.60000000000002 m 351.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 266.6 m 421.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 252.60000000000002 m 421.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 250.60000000000002 m 421.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 266.6 m 491.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 252.60000000000002 m 491.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 250.60000000000002 m 491.5 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 266.6 m 561.5 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 252.60000000000002 m 561.5 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 250.60000000000002 m 561.5 250.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.00 561.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.45 548.83 Td (Foreign currency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.30 540.83 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.10 532.83 Td (adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.00 540.83 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.00 532.83 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 548.83 Td (Derivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.10 540.83 Td (financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.55 532.83 Td (instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.20 548.83 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.80 540.83 Td (postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.10 532.83 Td (benefit plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 532.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 519.17 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 519.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.80 519.17 Td (\(3,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 519.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 519.22 Td (\(700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 519.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 519.17 Td (19,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 519.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 519.22 Td (\(529,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 519.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 519.22 Td (\(514,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 505.17 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 495.22 Td (before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 498.27 Td (\(48,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 498.32 Td (\(626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 498.27 Td (38,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 498.32 Td (\(106,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 498.32 Td (\(116,986) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 498.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 483.27 Td (Income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.80 483.27 Td (\(7,053) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 483.27 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 483.32 Td (\(14,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 483.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 483.27 Td (39,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 483.27 Td (18,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 469.17 Td (Net other comprehensive \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 459.17 Td (income before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 460.27 Td (\(55,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 460.32 Td (\(394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 460.27 Td (23,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 460.32 Td (\(66,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 460.32 Td (\(98,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 460.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 445.27 Td (Reclassifications:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 431.17 Td (Realized \(gains\) losses - foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 421.17 Td (currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 139.07 425.70 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 422.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 422.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 422.32 Td (\(59,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 422.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 422.32 Td (\(59,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 422.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 408.17 Td (Realized \(gains\) losses - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 398.17 Td (commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 155.75 402.70 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 399.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 399.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 399.27 Td (677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 399.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 399.27 Td (677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 385.17 Td (Realized \(gains\) losses - treasury ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 375.17 Td (rate lock) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 100.20 379.70 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 376.27 Td (151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 376.27 Td (151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 361.27 Td (Prior service credits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.97 365.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 361.32 Td (\(2,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 361.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 361.32 Td (\(2,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 361.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 346.27 Td (Actuarial losses) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 127.59 350.80 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 346.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 346.27 Td (58,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 346.27 Td (58,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 331.27 Td (Curtailment and settlement losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 331.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 331.27 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 331.27 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 316.27 Td (Total before tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 316.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 316.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 316.32 Td (\(58,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 316.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 316.27 Td (56,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 316.32 Td (\(2,636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 316.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 301.27 Td (Income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 301.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 301.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 301.27 Td (21,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 301.32 Td (\(20,841) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 301.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 301.27 Td (976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 286.27 Td (Net reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 286.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 286.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 286.32 Td (\(37,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 286.27 Td (35,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 286.32 Td (\(1,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 271.27 Td (Other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 271.27 Td (\(55,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 271.32 Td (\(394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 271.32 Td (\(13,156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 271.32 Td (\(31,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 271.32 Td (\(100,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 256.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 256.27 Td (\(58,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.80 256.32 Td (\(1,094) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 256.27 Td (5,886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 256.32 Td (\(561,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 256.32 Td (\(615,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 155 0 obj <> endobj 156 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (77) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 704.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 704.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 704.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 704.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 704.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 704.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 704.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 667.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 667.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 667.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 667.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 667.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 667.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 667.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 667.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 667.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 667.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 667.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 629.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 629.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 629.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 629.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 629.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 629.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 629.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 629.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 629.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 629.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 629.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 591.50 162.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 591.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 591.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 591.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 591.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 591.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 591.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 591.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 591.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 591.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 591.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 553.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 553.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 553.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 553.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 553.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 553.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 553.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 553.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 553.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 553.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 553.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 523.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 523.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 523.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 523.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 523.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 523.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 523.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 523.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 523.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 523.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 523.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 493.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 493.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 493.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 493.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 493.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 493.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 493.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 493.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 493.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 493.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 493.50 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 733.5 m 281.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 733.5 m 285.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 733.5 m 351.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 733.5 m 355.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 733.5 m 421.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 733.5 m 425.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 733.5 m 491.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 733.5 m 495.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 733.5 m 561.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 733.5 m 281.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 704.5 m 281.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 733.5 m 285.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 733.5 m 351.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 704.5 m 351.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 733.5 m 355.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 733.5 m 421.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 704.5 m 421.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 733.5 m 425.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 733.5 m 491.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 704.5 m 491.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 733.5 m 495.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 733.5 m 561.5 733.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 704.5 m 561.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 704.5 m 281.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 704.5 m 351.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 704.5 m 421.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 704.5 m 491.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 704.5 m 561.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 652.5 m 281.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 652.5 m 351.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 652.5 m 421.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 652.5 m 491.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 652.5 m 561.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 652.5 m 351.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 652.5 m 421.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 652.5 m 491.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 652.5 m 561.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 538.5 m 281.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 538.5 m 351.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 538.5 m 421.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 538.5 m 491.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 538.5 m 561.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 508.5 m 281.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 508.5 m 351.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 508.5 m 421.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 508.5 m 491.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 508.5 m 561.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 493.5 m 281.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 508.5 m 351.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 493.5 m 351.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 508.5 m 421.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 493.5 m 421.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 508.5 m 491.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 493.5 m 491.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 508.5 m 561.5 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 493.5 m 561.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 493.5 m 351.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 478.5 m 351.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 493.5 m 421.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 478.5 m 421.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 493.5 m 491.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 478.5 m 491.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 493.5 m 561.5 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 478.5 m 561.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 478.5 m 281.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 464.5 m 281.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 462.5 m 281.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 478.5 m 351.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 464.5 m 351.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 462.5 m 351.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 478.5 m 421.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 464.5 m 421.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 462.5 m 421.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 478.5 m 491.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 464.5 m 491.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 462.5 m 491.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 478.5 m 561.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 464.5 m 561.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 462.5 m 561.5 462.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.00 737.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.45 724.73 Td (Foreign currency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.30 716.73 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.10 708.73 Td (adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.00 716.73 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.00 708.73 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 724.73 Td (Derivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.10 716.73 Td (financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.55 708.73 Td (instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.20 724.73 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.80 716.73 Td (postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.10 708.73 Td (benefit plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 708.73 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 694.17 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 694.17 Td (33,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 694.22 Td (\(276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 694.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 694.22 Td (\(1,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 694.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 694.22 Td (\(364,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 694.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 694.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 694.22 Td (\(332,676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 694.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 680.07 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 670.12 Td (before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 672.17 Td (\(50,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 672.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 672.22 Td (\(673) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 672.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 672.17 Td (46,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 672.22 Td (\(301,832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 672.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 672.22 Td (\(306,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 672.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 657.17 Td (Income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 657.17 Td (13,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 657.17 Td (249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 657.22 Td (\(17,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 657.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 657.17 Td (111,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 657.17 Td (108,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 643.07 Td (Net other comprehensive \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 633.07 Td (income before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 634.17 Td (\(36,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 634.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 634.22 Td (\(424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 634.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 634.17 Td (29,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 634.22 Td (\(190,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 634.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 634.22 Td (\(197,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 634.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 619.17 Td (Reclassifications:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 605.07 Td (Realized \(gains\) losses - foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 595.07 Td (currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 139.07 599.60 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 596.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 596.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 596.22 Td (\(13,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 596.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 596.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 596.22 Td (\(13,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 596.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 582.07 Td (Realized \(gains\) losses - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 572.07 Td (commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 155.75 576.60 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 573.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 573.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.30 573.22 Td (\(228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 573.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 573.22 Td (\(228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 573.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 558.17 Td (Prior service credits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.97 562.70 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 558.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 558.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 558.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 558.22 Td (\(2,734) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 558.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 558.22 Td (\(2,734) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 558.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 543.17 Td (Actuarial losses) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 127.59 547.70 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 543.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 543.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 543.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 543.17 Td (41,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 543.17 Td (41,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 528.17 Td (Total before tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 528.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 528.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.80 528.22 Td (\(13,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 528.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 528.17 Td (38,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 528.17 Td (24,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 513.17 Td (Income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 513.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 513.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 513.17 Td (5,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 513.22 Td (\(14,282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 513.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 513.22 Td (\(9,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 513.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 498.17 Td (Net reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 498.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 498.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 498.22 Td (\(8,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 498.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 498.17 Td (24,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 498.17 Td (15,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 483.17 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 483.17 Td (\(36,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 483.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 483.22 Td (\(424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 483.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 483.17 Td (20,722) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 483.22 Td (\(165,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 483.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 483.22 Td (\(182,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 483.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 468.17 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.80 468.17 Td (\(3,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 468.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 468.22 Td (\(700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 468.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 468.17 Td (19,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 468.22 Td (\(529,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 468.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 468.22 Td (\(514,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 468.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 409.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 409.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 409.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 409.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 409.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 409.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 409.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 409.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 409.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 409.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 409.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 372.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 372.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 372.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 372.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 372.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 372.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 372.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 372.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 372.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 372.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 372.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 335.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 335.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 335.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 335.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 335.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 335.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 335.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 335.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 335.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 335.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 335.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 297.50 162.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 297.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 297.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 297.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 297.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 297.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 297.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 297.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 297.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 297.50 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 297.50 66.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 251.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 251.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 251.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 251.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 251.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 251.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 251.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 251.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 251.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 251.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 251.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 221.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 221.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 221.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 221.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 221.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 221.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 221.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 221.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 221.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 221.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 221.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 191.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 191.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 191.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 191.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 191.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 191.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 191.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 191.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 191.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 191.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 191.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 161.50 162.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 161.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 161.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.50 161.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 161.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 161.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 161.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 161.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 161.50 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 161.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 161.50 66.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 438.5 m 281.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 438.5 m 285.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 438.5 m 351.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 438.5 m 355.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 438.5 m 421.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 438.5 m 425.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 438.5 m 491.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 438.5 m 495.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 438.5 m 561.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 438.5 m 281.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 409.5 m 281.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 438.5 m 285.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 438.5 m 351.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 409.5 m 351.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 438.5 m 355.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 438.5 m 421.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 409.5 m 421.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 438.5 m 425.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 438.5 m 491.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 409.5 m 491.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 438.5 m 495.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 438.5 m 561.5 438.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 409.5 m 561.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 409.5 m 281.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 409.5 m 351.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 409.5 m 421.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 409.5 m 491.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 409.5 m 561.5 409.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 357.5 m 281.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 357.5 m 351.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 357.5 m 421.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 357.5 m 491.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 357.5 m 561.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 357.5 m 351.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 357.5 m 421.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 357.5 m 491.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 357.5 m 561.5 357.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 221.5 m 281.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 221.5 m 351.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 221.5 m 421.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 221.5 m 491.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 221.5 m 561.5 221.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 191.5 m 281.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 191.5 m 351.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 191.5 m 421.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 191.5 m 491.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 191.5 m 561.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 176.5 m 281.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 191.5 m 351.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 176.5 m 351.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 191.5 m 421.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 176.5 m 421.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 191.5 m 491.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 176.5 m 491.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 191.5 m 561.5 191.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 176.5 m 561.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 176.5 m 351.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 176.5 m 421.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 176.5 m 491.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 176.5 m 561.5 176.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 161.5 m 281.5 161.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 147.5 m 281.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 145.5 m 281.5 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 161.5 m 351.5 161.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 147.5 m 351.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 145.5 m 351.5 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 161.5 m 421.5 161.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 147.5 m 421.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 145.5 m 421.5 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 161.5 m 491.5 161.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 147.5 m 491.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 145.5 m 491.5 145.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 161.5 m 561.5 161.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 147.5 m 561.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 145.5 m 561.5 145.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.00 442.73 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.45 429.73 Td (Foreign currency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.30 421.73 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.10 413.73 Td (adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.00 421.73 Td (Marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.00 413.73 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.20 429.73 Td (Derivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.10 421.73 Td (financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.55 413.73 Td (instruments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.20 429.73 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.80 421.73 Td (postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.10 413.73 Td (benefit plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.25 413.73 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 399.17 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 399.17 Td (51,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 399.17 Td (677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 399.22 Td (\(3,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 399.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 399.22 Td (\(655,853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 399.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 399.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 399.22 Td (\(607,678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 399.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 385.07 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 375.12 Td (before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 377.17 Td (\(20,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 377.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.80 377.22 Td (\(1,514) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 377.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 377.17 Td (3,505) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 377.17 Td (398,430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 377.17 Td (380,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 362.17 Td (Income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.15 362.17 Td (2,183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 362.17 Td (561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 362.22 Td (\(1,298) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 362.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 362.22 Td (\(147,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 362.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 362.22 Td (\(146,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 362.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 348.07 Td (Net other comprehensive \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 338.12 Td (income before reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 340.17 Td (\(18,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 340.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 340.22 Td (\(953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 340.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 340.17 Td (2,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 340.17 Td (250,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 340.17 Td (234,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 325.17 Td (Reclassifications:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 311.07 Td (Realized \(gains\) losses - foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 301.07 Td (currency contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 139.07 305.60 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 302.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 302.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.30 302.22 Td (\(482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 302.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 302.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 302.22 Td (\(482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 302.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 288.07 Td (Realized \(gains\) losses - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 278.07 Td (commodities contracts) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 155.75 282.60 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 279.17 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 279.17 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 265.07 Td (Realized \(gains\) losses - interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 255.07 Td (rate swaps) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 107.43 259.60 Td (\(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 256.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 256.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 256.17 Td (345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 256.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 256.17 Td (345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 241.17 Td (Prior service credits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.97 245.70 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 241.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 241.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 241.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 241.22 Td (\(2,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 241.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 241.22 Td (\(2,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 241.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 226.17 Td (Actuarial losses) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 127.59 230.70 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 226.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 226.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 226.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 226.17 Td (67,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 226.17 Td (67,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 211.17 Td (Total before tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 211.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 211.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 211.22 Td (\(86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 211.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 211.17 Td (65,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 211.17 Td (64,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 196.17 Td (Income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 196.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 196.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 196.17 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 196.22 Td (\(24,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 196.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 196.22 Td (\(24,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 196.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 181.17 Td (Net reclassifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.65 181.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 181.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 181.22 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 181.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 181.17 Td (40,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 181.17 Td (40,905) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 166.17 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.80 166.17 Td (\(18,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.65 166.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 166.22 Td (\(953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 166.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 166.17 Td (2,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 166.17 Td (291,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 166.17 Td (275,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 151.17 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 151.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 151.17 Td (33,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 151.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 151.22 Td (\(276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 151.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.00 151.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 151.22 Td (\(1,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 151.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 151.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 151.22 Td (\(364,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 151.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 151.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 151.22 Td (\(332,676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 151.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 123.00 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 123.00 Td (Amounts reclassified to net income are included in motorcycles and related products cost of goods sold. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 111.00 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 111.00 Td (Amounts reclassified to net income are presented in interest expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 99.00 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 99.00 Td (Amounts reclassified are included in the computation of net periodic cost. See Note 13 for information related to pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 87.00 Td (and postretirement benefit plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 75.00 Td (\(d\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 75.00 Td (Amounts reclassified to net income are presented in financial services interest expense.) Tj ET Q endstream endobj 157 0 obj <> endobj 158 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (1) Tj ET Q q 0 0 0 rg BT 54.45 742.25 Td (1.Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Debt with contractual terms less than one year is generally classified as short-term debt and consisted of the following as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (of December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 176.63 709.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 683.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 683.75 84.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 683.75 m 474.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 683.75 m 562.5 683.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.50 687.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 687.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 673.42 Td (Unsecured commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 673.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 673.42 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 673.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 673.42 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 648.25 Td (Debt with a contractual term greater than one year is generally classified as long-term debt and consisted of the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.25 Td (as of December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 187.46 636.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 613.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 613.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 613.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 613.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 613.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 583.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 583.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 583.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 583.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 583.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 553.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 553.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 553.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 553.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 553.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 523.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 523.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 523.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 523.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 523.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 493.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 493.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 493.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 493.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 493.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 463.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 463.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 463.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 463.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 463.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 433.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 433.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 433.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 403.75 337.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 403.75 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 403.75 84.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 613.75 m 474.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 613.75 m 562.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 418.75 m 474.5 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 418.75 m 562.5 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 418.75 m 474.5 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 418.75 m 562.5 418.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 388.75 m 474.5 388.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 388.75 m 562.5 388.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 374.75 m 474.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 372.75 m 474.5 372.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 388.75 m 562.5 388.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 374.75 m 562.5 374.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 372.75 m 562.5 372.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.50 617.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 617.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 603.42 Td (Secured debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 588.42 Td (Asset-backed Canadian commercial paper conduit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 588.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 588.42 Td (153,839) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 588.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 588.42 Td (166,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 573.42 Td (Term asset-backed securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 573.42 Td (1,463,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 573.42 Td (1,271,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 558.42 Td (Unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 543.42 Td (1.15% Medium-term notes due in 2015 \($600.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 543.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 543.42 Td (599,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 528.42 Td (3.88% Medium-term notes due in 2016 \($450.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 528.42 Td (449,991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 528.42 Td (449,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 513.42 Td (2.70% Medium-term notes due in 2017 \($400.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 513.42 Td (399,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 513.42 Td (399,963) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 498.42 Td (1.55% Medium-term notes due in 2017 \($400.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 498.42 Td (399,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 498.42 Td (399,464) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 483.42 Td (6.80% Medium-term notes due in 2018 \($879.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 483.42 Td (878,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 483.42 Td (887,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 468.42 Td (2.40% Medium-term notes due in 2019 \($600.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 468.42 Td (598,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 468.42 Td (597,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 453.42 Td (2.15% Medium-term notes due in 2020 \($600.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 453.42 Td (598,856) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 453.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 438.42 Td (3.50% Senior unsecured notes due in 2025 \($450.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 438.42 Td (447,608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 438.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 423.42 Td (4.625% Senior unsecured notes due in 2045 \($300.0 million par value\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 423.42 Td (299,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 423.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 408.42 Td (Gross long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 408.42 Td (5,689,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 408.42 Td (4,772,843) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.42 Td (Less: current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.80 393.47 Td (\(843,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 393.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 393.47 Td (\(1,011,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 393.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 378.42 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 378.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 378.42 Td (4,845,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 378.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 378.42 Td (3,761,528) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 353.25 Td (A) Tj ET Q q 0 0 0 rg BT 80.67 353.25 Td ( summary of the Company) Tj ET Q q 0 0 0 rg BT 190.10 353.25 Td (s expected principal payments for debt obligations as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.87 353.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.45 353.25 Td ( is as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.25 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 341.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.75 120.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 170.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 174.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 318.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 318.75 52.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 174.5 318.75 m 226.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 318.75 m 282.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 318.75 m 338.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 318.75 m 394.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 318.75 m 450.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 318.75 m 506.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 174.5 318.75 m 226.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 318.75 m 338.5 318.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 192.00 322.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 322.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.00 322.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.00 322.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.00 322.83 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.70 322.83 Td (Thereafter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.25 322.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 308.42 Td (Principal payments on debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.60 308.42 Td (2,045,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.60 308.42 Td (1,177,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.60 308.42 Td (1,303,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.10 308.42 Td (934,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.10 308.42 Td (682,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.10 308.42 Td (746,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.00 308.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 308.42 Td (6,890,388) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 283.25 Td (Commercial paper maturities may range up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.83 283.25 Td (365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.83 283.25 Td ( days from the issuance date. ) Tj ET Q q 0 0 0 rg BT 391.67 283.25 Td (The weighted-average interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (outstanding commercial paper balances was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.54 271.25 Td (0.56%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.38 271.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.81 271.25 Td (0.30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.64 271.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.86 271.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.44 271.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.88 271.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.88 271.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 482.54 271.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 250.25 Td (In ) Tj ET Q q 0 0 0 rg BT 82.78 250.25 Td (April2014, the Company entered into a new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.57 250.25 Td ($675.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.46 250.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.96 250.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.51 250.25 Td (-year credit facility to refinance and replace a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.84 250.25 Td ($675 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 238.25 Td ( four) Tj ET Q q 0 0 0 rg BT 97.85 238.25 Td (-year credit facility that was due to mature in ) Tj ET Q q 0 0 0 rg BT 279.73 238.25 Td (April 2015. ) Tj ET Q q 0 0 0 rg BT 328.15 238.25 Td (The new five-year credit facility matures in ) Tj ET Q q 0 0 0 rg BT 503.91 238.25 Td (April 2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (The Company also has a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.81 226.25 Td ($675.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.70 226.25 Td ( five-year credit facility which matures in ) Tj ET Q q 0 0 0 rg BT 377.69 226.25 Td (April 2017. ) Tj ET Q q 0 0 0 rg BT 426.12 226.25 Td (The new five-year credit facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (and the existing five-year credit facility \(together) Tj ET Q q 0 0 0 rg BT 246.18 214.25 Td (, the Global Credit Facilities\) bear interest at various variable interest rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (which may be adjusted upward or downward depending on certain criteria, such as credit ratings. ) Tj ET Q q 0 0 0 rg BT 441.08 202.25 Td (The Global Credit Facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (also require the Company to pay a fee based upon the average daily unused portion of the aggregate commitments under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (Global Credit Facilities. ) Tj ET Q q 0 0 0 rg BT 148.69 178.25 Td (The Global Credit Facilities are committed facilities and primarily used to support the Company's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (unsecured commercial paper program. During July 2015, the Company borrowed C$20 million under the Global Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (Facilities and repaid the borrowings in ) Tj ET Q q 0 0 0 rg BT 206.08 154.25 Td (August 2015. No borrowings were outstanding at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.05 154.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.64 154.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.08 154.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.08 154.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 133.25 Td (In December2015, the Company entered into a new revolving facility agreement \(U.S. Conduit\) with a third party bank-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.25 Td (sponsored asset-backed U.S. commercial paper conduit, which provides for a total aggregate commitment of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.81 121.25 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.70 121.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.25 Td (The prior facility agreement expired on December 14, 2015 and had similar terms. ) Tj ET Q q 0 0 0 rg BT 381.83 109.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.33 109.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.92 109.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.35 109.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.35 109.25 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.33 97.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.33 97.25 Td ( outstanding borrowings under the U.S. Conduit. Refer to Note 6 for further discussion on the U.S. Conduit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 76.25 Td (In June 2015, the Company amended its revolving facility agreement \(Canadian Conduit\) with a Canadian bank-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.25 Td (sponsored asset-backed commercial paper conduit. Under the agreement, the Canadian Conduit is contractually committed, at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.25 Td (the Company's option, to purchase from the Company eligible Canadian retail motorcycle financial receivables for proceeds up ) Tj ET Q endstream endobj 159 0 obj <> endobj 160 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 742.10 Td (C$240 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.34 742.10 Td (. During 2015 and 2014, the Company transferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.52 742.10 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.41 742.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.85 742.10 Td ($97.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.74 742.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 505.40 742.10 Td (, of Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (retail motorcycle finance receivables for proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.94 730.10 Td ($87.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.84 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.27 730.10 Td ($85.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.17 730.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 442.83 730.10 Td (. ) Tj ET Q q 0 0 0 rg BT 447.28 730.10 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.32 730.10 Td ($40.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 718.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 718.10 Td ($44.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.22 718.10 Td ( of the debt was classified as current portion of long-term debt at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.53 718.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.11 718.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.55 718.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.55 718.10 Td (. Refer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (to Note 6 for further discussion on the Canadian Conduit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 685.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.33 685.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.33 685.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.93 685.10 Td ($1.20 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.05 685.10 Td ( of secured notes through two term asset-backed securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (transactions. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.59 673.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.59 673.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.20 673.10 Td ($850.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.09 673.10 Td ( of secured notes through a term asset-backed securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (transaction. ) Tj ET Q q 0 0 0 rg BT 98.32 661.10 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.36 661.10 Td ($353.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.25 661.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.69 661.10 Td ($366.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.58 661.10 Td ( of the obligations under the secured notes were classified as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (current at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.53 649.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.12 649.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.55 649.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.55 649.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 261.22 649.10 Td (, based on the contractual maturities of the restricted finance receivables. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (The term-asset backed securitization transactions are further discussed in Note 6.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 616.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.33 616.10 Td (February 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.93 616.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.53 616.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.42 616.10 Td ( of medium-term notes which mature in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.77 616.10 Td (February 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.37 616.10 Td ( and have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.40 604.10 Td (2.15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.23 604.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.06 604.10 Td (September 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.33 604.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.93 604.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.82 604.10 Td ( of medium-term notes which mature in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (September 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.26 592.10 Td ( and have an annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.42 592.10 Td (2.40%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.25 592.10 Td (. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.08 592.10 Td (November 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.79 592.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.39 592.10 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.28 592.10 Td ( of medium-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (term notes which mature in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.91 580.10 Td (November 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.62 580.10 Td ( and have an annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.78 580.10 Td (1.55%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.61 580.10 Td (. ) Tj ET Q q 0 0 0 rg BT 399.06 580.10 Td (All of the Company's medium-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (notes \(collectively) Tj ET Q q 0 0 0 rg BT 122.93 568.10 Td (, the Notes\) provide for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 458.02 568.10 Td (. Unamortized discounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (on the Notes reduced the balance by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.44 556.10 Td ($3.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.33 556.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.55 556.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.13 556.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.57 556.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.57 556.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 535.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 535.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.83 535.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.83 535.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.83 535.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.77 535.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.77 535.10 Td (, the Company repurchased an aggregate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.81 535.10 Td ($9.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.70 535.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.70 535.10 Td ($22.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.59 535.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.53 535.10 Td ($23.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.42 535.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 523.10 Td (, of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.44 523.10 Td (6.80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.27 523.10 Td ( medium-term notes which mature in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.79 523.10 Td (June 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.62 523.10 Td (. ) Tj ET Q q 0 0 0 rg BT 347.07 523.10 Td (As a result, the Company recognized in financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (services interest expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.35 511.10 Td ($1.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.24 511.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.24 511.10 Td ($3.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.13 511.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.07 511.10 Td ($4.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.96 511.10 Td ( of loss on extinguishment of debt, respectively) Tj ET Q q 0 0 0 rg BT 513.72 511.10 Td (, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (included unamortized discounts and fees. During September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.82 499.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.82 499.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.82 499.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.71 499.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.04 499.10 Td (1.15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.88 499.10 Td ( medium-term notes matured, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (the principal and accrued interest were paid in full. During December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.44 487.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.44 487.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.44 487.10 Td ($500.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.33 487.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.38 487.10 Td (5.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.21 487.10 Td ( medium-term notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (matured, and the principal and accrued interest were paid in full. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 454.10 Td (In July 2015, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.60 454.10 Td ($450.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.50 454.10 Td ( of senior unsecured notes that mature in July 2025 that have an interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.32 442.10 Td (3.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.15 442.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.58 442.10 Td ($300.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.48 442.10 Td ( of senior unsecured notes that mature in July 2045 that have an interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.16 442.10 Td (4.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.99 442.10 Td ( in an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (underwritten of) Tj ET Q q 0 0 0 rg BT 111.74 430.10 Td (fering. ) Tj ET Q q 0 0 0 rg BT 140.44 430.10 Td (The senior unsecured notes provide for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 538.28 430.10 Td (. ) Tj ET Q q 0 0 0 rg BT 543.10 430.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Company is using the proceeds from the issuance to repurchase shares of the Company's common stock. Unamortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (discounts on the senior unsecured notes reduced the balance by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.47 406.10 Td ($3.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.37 406.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.58 406.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.17 406.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 385.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.83 385.10 Td (February 2009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.43 385.10 Td (, the Company issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.03 385.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.92 385.10 Td ( of senior unsecured notes in an underwritten of) Tj ET Q q 0 0 0 rg BT 481.80 385.10 Td (fering. ) Tj ET Q q 0 0 0 rg BT 510.49 385.10 Td (The senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (unsecured notes provided for semi-annual interest payments and principal due at maturity) Tj ET Q q 0 0 0 rg BT 407.85 373.10 Td (. ) Tj ET Q q 0 0 0 rg BT 412.67 373.10 Td (The senior unsecured notes matured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 361.10 Td (February 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.88 361.10 Td ( and had an annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.60 361.10 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.93 361.10 Td (. During the fourth quarter of 2010, the Company repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.97 361.10 Td ($297.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 349.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.94 349.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.83 349.10 Td ( senior unsecured notes and the remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.61 349.10 Td ($303.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.50 349.10 Td ( was repaid at maturity in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.92 349.10 Td (February 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.52 349.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 328.10 Td (HDFS and the Company are subject to various operating and financial covenants related to the Global Credit Facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (and various operating covenants under the Notes and the U.S. and Canadian asset-backed commercial paper conduit facilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (The more significant covenants are described below) Tj ET Q q 0 0 0 rg BT 257.60 304.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 283.10 Td (The operating covenants limit the Company) Tj ET Q q 0 0 0 rg BT 252.57 283.10 Td (s and HDFS) Tj ET Q q 0 0 0 rg BT 304.05 283.10 Td ( ability to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 271.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 271.10 Td (assume or incur certain liens;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 259.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 259.10 Td (participate in certain mer) Tj ET Q q 0 0 0 rg BT 185.64 259.10 Td (gers, consolidations, liquidations or dissolutions; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.60 247.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.60 247.10 Td (purchase or hold mar) Tj ET Q q 0 0 0 rg BT 170.11 247.10 Td (gin stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 226.10 Td (Under the current financial covenants of the Global Credit Facilities, the consolidated debt to equity ratio of HDFS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (cannot exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.41 214.10 Td (10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.91 214.10 Td ( to 1.0 as of the end of any fiscal quarter) Tj ET Q q 0 0 0 rg BT 287.69 214.10 Td (. In addition, the ratio of the Company's consolidated debt to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (Company's consolidated debt and equity) Tj ET Q q 0 0 0 rg BT 211.12 202.10 Td (, in each case excluding the debt of HDFS and its subsidiaries, cannot exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.70 202.10 Td (0.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.20 202.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (1.0 as of the end of any fiscal quarter) Tj ET Q q 0 0 0 rg BT 198.00 190.10 Td (. No financial covenants are required under the Notes or the U.S. or Canadian asset-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (backed commercial paper conduit facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 157.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 157.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.08 157.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.52 157.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.52 157.10 Td (, HDFS and the Company remained in compliance with all of these covenants.) Tj ET Q endstream endobj 161 0 obj <> endobj 162 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (12.Income ) Tj ET Q q 0 0 0 rg BT 106.48 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 112.23 742.25 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 725.25 Td (Provision for income taxes for the years ended December31 consists of the following \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 479.74 725.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 702.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 702.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 702.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 702.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 702.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 702.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 702.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 672.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 672.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 672.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 672.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 672.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 672.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 672.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 642.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 642.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 642.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 642.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 642.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 642.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 612.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 612.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 612.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 612.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 582.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 582.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 582.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 582.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 552.75 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 552.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 552.75 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 552.75 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 702.75 m 406.5 702.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 702.75 m 484.5 702.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 702.75 m 562.5 702.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 642.75 m 406.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 642.75 m 484.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 642.75 m 562.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 642.75 m 484.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 642.75 m 562.5 642.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 567.75 m 406.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 567.75 m 484.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 567.75 m 562.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 552.75 m 406.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 567.75 m 484.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 552.75 m 484.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 567.75 m 562.5 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 552.75 m 562.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 538.75 m 406.5 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 536.75 m 406.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 552.75 m 484.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 538.75 m 484.5 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 536.75 m 484.5 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 552.75 m 562.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 538.75 m 562.5 538.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 536.75 m 562.5 536.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 706.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 706.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 706.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 692.42 Td (Current:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 677.42 Td (Federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 677.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 677.42 Td (363,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 677.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 677.42 Td (394,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 677.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 677.42 Td (281,938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 662.42 Td (State) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 662.42 Td (37,811) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 662.42 Td (30,997) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 662.42 Td (23,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 647.42 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 647.42 Td (12,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 647.42 Td (20,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 647.42 Td (22,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 632.42 Td (414,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 632.42 Td (446,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 632.42 Td (327,732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 617.42 Td (Deferred:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 602.42 Td (Federal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 602.47 Td (\(15,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 602.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 602.47 Td (\(5,743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 602.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 602.42 Td (51,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 587.42 Td (State) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 587.47 Td (\(2,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 587.47 Td (\(3,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 587.47 Td (\(1,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 572.42 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 572.42 Td (1,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 572.42 Td (1,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 572.42 Td (2,542) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 557.47 Td (\(16,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 557.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 557.47 Td (\(7,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 557.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 557.42 Td (52,580) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 542.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 542.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 542.42 Td (397,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 542.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 542.42 Td (438,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 542.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 542.42 Td (380,312) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 517.25 Td (The components of income before income taxes for the years ended December31 were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.57 517.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 494.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 494.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 494.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 494.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 494.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 494.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 494.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 464.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 464.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 464.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 464.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 464.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 464.75 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 494.75 m 404.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 494.75 m 483.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 494.75 m 562.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 464.75 m 404.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 464.75 m 483.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 464.75 m 562.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.75 m 404.5 450.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 448.75 m 404.5 448.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 464.75 m 483.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.75 m 483.5 450.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 448.75 m 483.5 448.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 464.75 m 562.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.75 m 562.5 450.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 448.75 m 562.5 448.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.50 498.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 498.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.50 498.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.42 Td (Domestic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 484.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 484.42 Td (1,101,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 484.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 484.42 Td (1,196,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 484.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 484.42 Td (1,042,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.42 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 469.42 Td (48,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 469.42 Td (86,985) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 469.42 Td (71,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 454.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 454.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 454.42 Td (1,150,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 454.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 454.42 Td (1,283,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 454.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 454.42 Td (1,114,305) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 429.25 Td (The provision for income taxes dif) Tj ET Q q 0 0 0 rg BT 212.39 429.25 Td (fers from the amount that would be provided by applying the statutory U.S. corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.25 Td (income tax rate due to the following items for the years ended December31:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.84 417.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 394.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 394.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 394.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 394.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 394.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 394.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 394.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 364.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 364.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 364.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 364.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 364.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 364.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 364.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 334.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 334.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 334.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 334.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 334.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 334.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 334.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 304.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 304.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 304.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 304.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 304.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 304.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 304.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 274.75 275.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 274.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 274.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 274.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 274.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 274.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 274.75 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 394.75 m 404.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 394.75 m 483.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 394.75 m 562.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 259.75 m 404.5 259.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 259.75 m 483.5 259.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 259.75 m 562.5 259.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 245.75 m 404.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 243.75 m 404.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 259.75 m 483.5 259.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 245.75 m 483.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 243.75 m 483.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 259.75 m 562.5 259.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 245.75 m 562.5 245.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 243.75 m 562.5 243.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.50 398.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 398.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.50 398.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 384.42 Td (Provision at statutory rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 384.42 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 384.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 384.42 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 384.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 384.42 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 384.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 369.42 Td (State taxes, net of federal benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 369.42 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 369.42 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 369.42 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 354.42 Td (Domestic manufacturing deduction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 354.47 Td (\(2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 354.47 Td (\(2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 354.47 Td (\(1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 354.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.42 Td (Research and development credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 339.47 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 339.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 339.47 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 339.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 339.47 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 339.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 324.42 Td (Unrecognized tax benefits including interest and penalties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 324.42 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 324.42 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 324.42 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 309.42 Td (Valuation allowance adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 309.47 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 309.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 309.47 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 309.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 309.47 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 309.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 294.42 Td (Tax audit settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 294.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 294.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 294.42 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 279.42 Td (Adjustments for previously accrued taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 279.47 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 279.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 279.47 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 279.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 279.47 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 279.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 264.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 264.47 Td (\(0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 264.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 264.42 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 264.47 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 264.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 249.42 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 249.42 Td (34.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 249.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 249.42 Td (34.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 249.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 249.42 Td (34.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 249.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 163 0 obj <> endobj 164 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The principal components of the Company) Tj ET Q q 0 0 0 rg BT 248.13 742.10 Td (s deferred tax assets and liabilities as of December31 include the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (\(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 109.72 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 707.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 707.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 707.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 677.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 677.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 647.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 647.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 617.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 617.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 617.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 617.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 617.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 587.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 587.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 587.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 557.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 557.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 557.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 527.60 340.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 527.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 527.60 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 707.6 m 476.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 602.6 m 476.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 602.6 m 562.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 602.6 m 562.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 542.6 m 476.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 527.6 m 476.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 527.6 m 562.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 513.6 m 476.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 511.6 m 476.5 511.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 527.6 m 562.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 513.6 m 562.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 511.6 m 562.5 511.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.00 711.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 711.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 697.27 Td (Deferred tax assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 682.27 Td (Accruals not yet tax deductible) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 682.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 682.27 Td (129,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 682.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 682.27 Td (120,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 667.27 Td (Pension and postretirement benefit plan obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 667.27 Td (126,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 667.27 Td (104,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 652.27 Td (Stock compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 652.27 Td (20,111) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 652.27 Td (21,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 637.27 Td (Net operating loss carryforward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 637.27 Td (38,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 637.27 Td (41,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 622.27 Td (Valuation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 622.32 Td (\(20,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 622.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 622.32 Td (\(25,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 622.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 607.27 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 607.27 Td (47,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 607.27 Td (38,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 592.27 Td (341,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 592.27 Td (301,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 577.27 Td (Deferred tax liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 562.27 Td (Depreciation, tax in excess of book) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 562.32 Td (\(136,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 562.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 562.32 Td (\(128,117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 562.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 547.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 547.32 Td (\(2,419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 547.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 547.32 Td (\(5,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 547.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 532.32 Td (\(138,759) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 532.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 532.32 Td (\(133,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 532.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 517.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 517.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 517.27 Td (202,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 517.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 517.27 Td (167,751) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 492.10 Td (The Company reviews its deferred tax asset valuation allowances on a quarterly basis, or whenever events or changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (circumstances indicate that a review is required. In determining the requirement for a valuation allowance, the historical and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (projected financial results of the legal entity or consolidated group recording the net deferred tax asset is considered, along with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (any positive or negative evidence such as tax law changes. Since future financial results and tax law may dif) Tj ET Q q 0 0 0 rg BT 483.28 456.10 Td (fer from previous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (estimates, periodic adjustments to the Company) Tj ET Q q 0 0 0 rg BT 244.41 444.10 Td (s valuation allowances may be necessary) Tj ET Q q 0 0 0 rg BT 407.31 444.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 423.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 423.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.08 423.10 Td (, the Company had approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.38 423.10 Td ($339.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.28 423.10 Td ( state net operating loss carry-forwards expiring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 411.10 Td (2031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.28 411.10 Td (. ) Tj ET Q q 0 0 0 rg BT 84.73 411.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.23 411.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.81 411.10 Td ( the Company also had ) Tj ET Q q 0 0 0 rg BT 269.78 411.10 Td (W) Tj ET Q q 0 0 0 rg BT 278.82 411.10 Td (isconsin research and development credit carryforwards of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.66 411.10 Td ($13.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 399.10 Td ( expiring in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.50 399.10 Td (2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 399.10 Td (. ) Tj ET Q q 0 0 0 rg BT 152.31 399.10 Td (The Company had a deferred tax asset of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.92 399.10 Td ($26.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.81 399.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.97 399.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.55 399.10 Td ( for the benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.10 Td (these losses and credits. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 366.10 Td (The Company has foreign net operating losses \(NOL\) totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.78 366.10 Td ($12.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.67 366.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.83 366.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.41 366.10 Td (. It has a valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (allowance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.86 354.10 Td ($20.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.75 354.10 Td ( against the NOLs as well as other associated deferred tax assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.94 354.10 Td ($8.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.83 354.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 333.10 Td (The Company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (Changes in the Company) Tj ET Q q 0 0 0 rg BT 153.60 321.10 Td (s gross liability for unrecognized tax benefits, excluding interest and penalties, were as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 309.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 286.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 286.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 286.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 286.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 256.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 256.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 256.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 256.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 256.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 226.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 226.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 226.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 226.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 226.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 196.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 196.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 196.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 196.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 196.60 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 286.6 m 477.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 286.6 m 562.5 286.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 196.60000000000002 m 477.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 196.60000000000002 m 562.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 182.60000000000002 m 477.5 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 180.60000000000002 m 477.5 180.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 196.60000000000002 m 562.5 196.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 182.60000000000002 m 562.5 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 180.60000000000002 m 562.5 180.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 290.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.50 290.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 276.27 Td (Unrecognized tax benefits, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 276.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 276.27 Td (64,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 276.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 276.27 Td (63,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 261.27 Td (Increase in unrecognized tax benefits for tax positions taken in a prior period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 261.27 Td (9,149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 261.27 Td (900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 246.27 Td (Decrease in unrecognized tax benefits for tax positions taken in a prior period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 246.32 Td (\(1,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 246.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 246.32 Td (\(4,989) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 246.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 231.27 Td (Increase in unrecognized tax benefits for tax positions taken in the current period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 231.27 Td (6,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 231.27 Td (5,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.27 Td (Statute lapses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 216.32 Td (\(2,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 216.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 216.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 201.27 Td (Settlements with taxing authorities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 201.32 Td (\(2,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 201.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 201.32 Td (\(644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 201.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 186.27 Td (Unrecognized tax benefits, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 186.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 186.27 Td (73,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 186.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 186.27 Td (64,200) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 161.10 Td (The amount of unrecognized tax benefits as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.27 161.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.85 161.10 Td ( that, if recognized, would af) Tj ET Q q 0 0 0 rg BT 455.90 161.10 Td (fect the ef) Tj ET Q q 0 0 0 rg BT 495.69 161.10 Td (fective tax rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 149.10 Td ($56.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.94 149.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 128.10 Td (The total gross amount of expense related to interest and penalties associated with unrecognized tax benefits recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.61 116.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.61 116.10 Td ( in the Company) Tj ET Q q 0 0 0 rg BT 167.77 116.10 Td (s Consolidated Statements of Income was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.18 116.10 Td ($3.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.07 116.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 95.10 Td (The total gross amount of interest and penalties associated with unrecognized tax benefits recognized at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.36 95.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 83.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 83.10 Td ( in the Company) Tj ET Q q 0 0 0 rg BT 139.16 83.10 Td (s Consolidated Balance Sheets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.19 83.10 Td ($28.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.08 83.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 62.10 Td (The Company does not expect a significant increase or decrease to the total amounts of unrecognized tax benefits related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.10 Td (to continuing operations during the fiscal year ending December31, 2016. However) Tj ET Q q 0 0 0 rg BT 386.45 50.10 Td (, the Company is under regular audit by tax ) Tj ET Q endstream endobj 165 0 obj <> endobj 166 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 97.03 742.10 Td (The Company believes that it has appropriate support for the positions taken on its tax returns and that its annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (tax provision includes amounts suf) Tj ET Q q 0 0 0 rg BT 189.25 730.10 Td (ficient to pay any assessments. Nonetheless, the amounts ultimately paid, if any) Tj ET Q q 0 0 0 rg BT 507.42 730.10 Td (, upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (resolution of the issues raised by the taxing authorities may dif) Tj ET Q q 0 0 0 rg BT 300.88 718.10 Td (fer materially from the amounts accrued for each year) Tj ET Q q 0 0 0 rg BT 515.77 718.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 697.10 Td (The Company or one of its subsidiaries files income tax returns in the United States federal and ) Tj ET Q q 0 0 0 rg BT 458.44 697.10 Td (W) Tj ET Q q 0 0 0 rg BT 467.48 697.10 Td (isconsin state ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (jurisdictions and various other state and foreign jurisdictions. ) Tj ET Q q 0 0 0 rg BT 297.27 685.10 Td (The Company is no longer subject to income tax examinations for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 673.10 Td (isconsin state income taxes before 201) Tj ET Q q 0 0 0 rg BT 212.79 673.10 Td (1 or for United States federal income taxes before 2012.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 652.10 Td (13.Employee Benefit Plans and Other) Tj ET Q q 0 0 0 rg BT 220.09 652.10 Td ( Postr) Tj ET Q q 0 0 0 rg BT 245.18 652.10 Td (etir) Tj ET Q q 0 0 0 rg BT 259.99 652.10 Td (ement Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 631.10 Td (The Company has a qualified defined benefit pension plan and several postretirement healthcare benefit plans, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 619.10 Td (cover employees of the Motorcycles segment. ) Tj ET Q q 0 0 0 rg BT 236.15 619.10 Td (The Company also has unfunded supplemental employee retirement plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 607.10 Td (agreements \(SERP) Tj ET Q q 0 0 0 rg BT 124.35 607.10 Td (A\) with certain employees which were instituted to replace benefits lost under the ) Tj ET Q q 0 0 0 rg BT 453.78 607.10 Td (T) Tj ET Q q 0 0 0 rg BT 459.19 607.10 Td (ax Revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 595.10 Td (Reconciliation ) Tj ET Q q 0 0 0 rg BT 110.26 595.10 Td (Act of 1993.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 574.10 Td (Pension benefits are based primarily on years of service and, for certain plans, levels of compensation. Employees are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (eligible to receive postretirement healthcare benefits upon attaining age 55 after rendering at least ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.16 562.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.16 562.10 Td ( years of service to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Company) Tj ET Q q 0 0 0 rg BT 88.24 550.10 Td (. Some of the plans require employee contributions to partially of) Tj ET Q q 0 0 0 rg BT 349.38 550.10 Td (fset benefit costs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 529.10 Td (Obligations and Funded Status:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 508.10 Td (The following table provides the changes in the benefit obligations, fair value of plan assets and funded status of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 496.10 Td (s pension, SERP) Tj ET Q q 0 0 0 rg BT 157.15 496.10 Td (A) Tj ET Q q 0 0 0 rg BT 163.82 496.10 Td ( and postretirement healthcare plans as of the Company) Tj ET Q q 0 0 0 rg BT 388.75 496.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.14 496.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.72 496.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.16 496.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.16 496.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (measurement dates \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 188.57 484.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.60 213.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 441.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 441.60 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 441.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 441.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 441.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 441.60 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 441.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 441.60 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 412.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 412.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 412.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 412.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 412.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 382.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 382.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 382.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 382.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 382.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 382.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 382.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 382.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 382.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 352.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 352.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 352.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 352.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 352.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 352.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 352.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 352.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 352.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 322.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 322.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 322.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 322.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 322.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 322.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 322.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 322.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 322.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 292.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 292.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 292.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 292.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 292.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 292.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 292.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 292.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 292.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 262.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 262.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 262.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 262.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 262.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 262.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 262.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 262.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 262.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 232.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 232.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 232.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 232.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 232.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 232.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 232.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 232.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 232.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 202.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 202.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 202.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 202.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 202.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 202.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 202.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 202.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 202.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 172.60 213.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 172.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 172.60 71.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 172.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 172.60 70.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 172.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 172.60 71.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 172.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 172.60 71.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 132.60 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 132.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 132.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 132.60 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 132.60 71.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 453.6 m 338.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 453.6 m 342.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 453.6 m 412.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 453.6 m 487.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 453.6 m 491.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 453.6 m 562.5 453.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 441.6 m 338.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 441.6 m 412.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 441.6 m 487.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 441.6 m 562.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 307.6 m 338.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 307.6 m 412.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 307.6 m 487.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 307.6 m 562.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 202.60000000000002 m 338.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 202.60000000000002 m 412.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 202.60000000000002 m 487.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 202.60000000000002 m 562.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 187.60000000000002 m 338.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 202.60000000000002 m 412.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 187.60000000000002 m 412.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 202.60000000000002 m 487.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 187.60000000000002 m 487.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 202.60000000000002 m 562.5 202.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 187.60000000000002 m 562.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 173.60000000000002 m 338.5 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 171.60000000000002 m 338.5 171.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 187.60000000000002 m 412.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 173.60000000000002 m 412.5 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 171.60000000000002 m 412.5 171.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 187.60000000000002 m 487.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 173.60000000000002 m 487.5 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 171.60000000000002 m 487.5 171.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 187.60000000000002 m 562.5 187.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 173.60000000000002 m 562.5 173.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 171.60000000000002 m 562.5 171.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 117.60000000000002 m 338.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 103.60000000000002 m 338.5 103.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 101.60000000000002 m 338.5 101.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 117.60000000000002 m 412.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 103.60000000000002 m 412.5 103.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 101.60000000000002 m 412.5 101.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 117.60000000000002 m 487.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 103.60000000000002 m 487.5 103.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 101.60000000000002 m 487.5 101.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 117.60000000000002 m 562.5 117.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 103.60000000000002 m 562.5 103.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 101.60000000000002 m 562.5 101.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 457.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.30 457.83 Td (Pension and SERPA Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.60 465.68 Td (Postr) Tj ET Q q 0 0 0 rg BT 481.67 465.68 Td (etir) Tj ET Q q 0 0 0 rg BT 493.51 465.68 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.40 457.68 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 489.47 457.68 Td (e Benefits) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 445.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.50 445.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 369.00 445.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.50 445.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.50 445.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 432.17 Td (Change in benefit obligation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 417.27 Td (Benefit obligation, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 417.27 Td (2,069,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 417.27 Td (1,714,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 417.27 Td (361,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 417.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 417.27 Td (366,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 402.27 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 402.27 Td (40,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 402.27 Td (31,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 402.27 Td (8,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 402.27 Td (7,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 387.27 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 387.27 Td (87,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 387.27 Td (86,923) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 387.27 Td (14,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 387.27 Td (16,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 372.27 Td (Actuarial \(gains\) losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.80 372.32 Td (\(128,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 372.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 372.27 Td (309,542) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 372.32 Td (\(6,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 372.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 372.32 Td (\(2,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 372.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 357.27 Td (Plan participant contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 357.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 357.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 357.27 Td (2,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 357.27 Td (2,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 342.27 Td (Plan amendments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.15 342.27 Td (6,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 342.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 342.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 342.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 327.27 Td (Special early retirement benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 327.27 Td (10,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 327.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 327.27 Td (622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 327.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 312.27 Td (Benefits paid, net of Medicare Part D subsidy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 312.32 Td (\(77,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 312.32 Td (\(72,633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 312.32 Td (\(25,144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 312.32 Td (\(28,909) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 297.27 Td (Benefit obligation, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 297.27 Td (2,009,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 297.27 Td (2,069,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 297.27 Td (354,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 297.27 Td (361,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 282.27 Td (Change in plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 267.27 Td (Fair value of plan assets, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 267.27 Td (1,992,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 267.27 Td (1,920,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 267.27 Td (156,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 267.27 Td (147,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 252.27 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 252.32 Td (\(77,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 252.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 252.27 Td (143,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 252.32 Td (\(75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 252.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 252.27 Td (8,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 237.27 Td (Company contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.15 237.27 Td (4,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 237.27 Td (1,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 237.27 Td (23,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 237.27 Td (28,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 222.27 Td (Plan participant contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 222.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 222.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 222.27 Td (2,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 222.27 Td (2,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 207.27 Td (Benefits paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 207.32 Td (\(77,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 207.32 Td (\(72,633) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.80 207.32 Td (\(26,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 207.32 Td (\(30,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 207.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 192.27 Td (Fair value of plan assets, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 192.27 Td (1,841,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 192.27 Td (1,992,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 192.27 Td (156,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 192.27 Td (156,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 177.27 Td (Funded status of the plans, December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 177.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.80 177.32 Td (\(167,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 177.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 177.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 177.32 Td (\(77,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 177.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 177.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 177.32 Td (\(197,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 177.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 177.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 177.32 Td (\(204,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 177.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 162.27 Td (Amounts recognized in the Consolidated Balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 152.27 Td (Sheets, December31:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 137.27 Td (Accrued benefit liability \(current liabilities\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 137.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.80 137.32 Td (\(2,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 137.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 137.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.80 137.32 Td (\(1,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 137.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 137.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 137.32 Td (\(4,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 137.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 137.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 137.32 Td (\(1,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 137.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 122.27 Td (Accrued benefit liability \(long-term liabilities\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.80 122.32 Td (\(164,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 122.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 122.32 Td (\(76,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 122.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 122.32 Td (\(193,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 122.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 122.32 Td (\(203,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 122.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 107.27 Td (Net amount recognized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 107.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.80 107.32 Td (\(167,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 107.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 107.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 107.32 Td (\(77,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 107.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 107.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.80 107.32 Td (\(197,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 107.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.00 107.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 107.32 Td (\(204,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 107.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 167 0 obj <> endobj 168 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Benefit Costs:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (Components of net periodic benefit costs for the years ended December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.28 721.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 678.75 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 678.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 678.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 678.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 678.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 678.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 678.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 678.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 648.75 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 648.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 648.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 648.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 648.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 648.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 648.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 648.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 618.75 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 618.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 618.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 618.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 618.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 618.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 618.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 618.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 588.75 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 588.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 588.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 588.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 588.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 588.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 588.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 558.75 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 558.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 251.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 558.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 558.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 558.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 558.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 558.75 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 690.75 m 251.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 690.75 m 255.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 690.75 m 313.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 690.75 m 317.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 690.75 m 375.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 690.75 m 437.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 690.75 m 441.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 690.75 m 499.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 690.75 m 503.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 690.75 m 562.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 678.75 m 251.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 678.75 m 313.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 678.75 m 375.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 678.75 m 437.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 678.75 m 499.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 678.75 m 562.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 558.75 m 313.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 558.75 m 375.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 558.75 m 437.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 558.75 m 499.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 558.75 m 562.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 558.75 m 251.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 544.75 m 251.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 542.75 m 251.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 558.75 m 313.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 544.75 m 313.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 542.75 m 313.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 558.75 m 375.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 544.75 m 375.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 542.75 m 375.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 558.75 m 437.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 544.75 m 437.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 542.75 m 437.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 558.75 m 499.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 544.75 m 499.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 542.75 m 499.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 558.75 m 562.5 558.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 544.75 m 562.5 544.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 542.75 m 562.5 542.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 695.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 263.20 702.83 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.60 694.83 Td (SERP) Tj ET Q q 0 0 0 rg BT 276.46 694.83 Td (A) Tj ET Q q 0 0 0 rg BT 281.79 694.83 Td ( Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.10 702.83 Td (Postr) Tj ET Q q 0 0 0 rg BT 463.17 702.83 Td (etir) Tj ET Q q 0 0 0 rg BT 475.01 702.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.90 694.83 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 470.97 694.83 Td (e Benefits) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 682.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 214.00 682.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.00 682.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.00 682.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.00 682.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.00 682.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 682.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 668.42 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.15 668.42 Td (40,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.15 668.42 Td (31,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 668.42 Td (35,987) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 668.42 Td (8,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 668.42 Td (7,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.00 668.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 668.42 Td (7,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 653.42 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.15 653.42 Td (87,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.15 653.42 Td (86,923) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 653.42 Td (79,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 653.42 Td (14,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 653.42 Td (16,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 653.42 Td (15,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 638.42 Td (Special early retirement benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.15 638.42 Td (10,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 638.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 638.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 638.42 Td (622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 638.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 638.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 623.42 Td (Expected return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.80 623.42 Td (\(144,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.80 623.47 Td (\(136,734) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.80 623.47 Td (\(127,327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.80 623.47 Td (\(11,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.80 623.47 Td (\(10,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 623.47 Td (\(9,537) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 623.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 608.42 Td (Amortization of unrecognized:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 593.42 Td (Prior service cost \(credit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.65 593.42 Td (435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.15 593.42 Td (1,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 593.42 Td (1,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.80 593.47 Td (\(3,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 593.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.80 593.47 Td (\(3,853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 593.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 593.47 Td (\(3,853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 593.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 578.42 Td (Net loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.15 578.42 Td (54,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.15 578.42 Td (36,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 578.42 Td (58,608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 578.42 Td (3,971) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 578.42 Td (4,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 578.42 Td (8,549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 563.42 Td (Settlement loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.65 563.42 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 548.42 Td (Net periodic benefit cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.15 548.42 Td (48,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.15 548.42 Td (19,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 548.42 Td (48,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 548.42 Td (12,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 548.42 Td (14,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 548.42 Td (18,616) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 523.25 Td (Net periodic benefit costs are allocated among selling, administrative and engineering expense, cost of goods sold and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.25 Td (inventory) Tj ET Q q 0 0 0 rg BT 87.68 511.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 490.25 Td (The expected return on plan assets is calculated based on the market-related value of plan assets. ) Tj ET Q q 0 0 0 rg BT 462.83 490.25 Td (The market-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (value of plan assets is dif) Tj ET Q q 0 0 0 rg BT 150.63 478.25 Td (ferent from the fair value in that asset gains/losses are smoothed over a five year period.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 74.00 456.05 Td (U) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.94 456.05 Td (nrecognized gains and losses related to plan obligations and assets are initially recorded in other comprehensive income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.05 Td (and result from actual experience that dif) Tj ET Q q 0 0 0 rg BT 214.19 444.05 Td (fers from assumed or expected results, and the impacts of changes in assumptions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.05 Td (Unrecognized plan asset gains and losses not yet reflected in the market-related value of plan assets are not subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.05 Td (amortization. Remaining unrecognized gains and losses that exceed 10% of the greater of the projected benefit obligation or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.05 Td (market-related value of plan assets are amortized to earnings over the estimated future service period of active plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.05 Td (participants.) Tj ET Q q 0 0 0 rg BT 101.47 396.05 Td (The impacts of plan amendments, if any) Tj ET Q q 0 0 0 rg BT 261.61 396.05 Td (, are amortized over the estimated future service period of plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.05 Td (participants at the time of the amendment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 363.05 Td (Amounts included in accumulated other comprehensive income, net of tax, at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.40 363.05 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.99 363.05 Td ( which have not yet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.05 Td (been recognized in net periodic benefit cost are as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 344.62 351.05 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.55 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 320.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 320.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 320.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 320.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 320.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 320.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.55 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 290.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 290.55 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 290.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 290.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 290.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 290.55 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 320.54999999999995 m 395.5 320.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 320.54999999999995 m 478.5 320.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 320.54999999999995 m 562.5 320.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 290.54999999999995 m 395.5 290.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 290.54999999999995 m 478.5 290.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 290.54999999999995 m 562.5 290.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 276.54999999999995 m 395.5 276.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 274.54999999999995 m 395.5 274.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 290.54999999999995 m 478.5 290.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 276.54999999999995 m 478.5 276.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 274.54999999999995 m 478.5 274.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 290.54999999999995 m 562.5 290.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 276.54999999999995 m 562.5 276.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 274.54999999999995 m 562.5 274.54999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.20 332.63 Td (Pensionand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.60 324.63 Td (SERP) Tj ET Q q 0 0 0 rg BT 347.46 324.63 Td (A) Tj ET Q q 0 0 0 rg BT 352.79 324.63 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.10 332.63 Td (Postr) Tj ET Q q 0 0 0 rg BT 431.17 332.63 Td (etir) Tj ET Q q 0 0 0 rg BT 443.01 332.63 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.90 324.63 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 438.97 324.63 Td (eBenefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.25 324.78 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 310.22 Td (Prior service cost \(credit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 310.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 310.22 Td (5,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.00 310.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.80 310.27 Td (\(9,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 310.22 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 310.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 310.27 Td (\(3,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 310.22 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 295.22 Td (Net actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 295.22 Td (513,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 295.22 Td (51,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 295.22 Td (564,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 280.22 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 280.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 280.22 Td (518,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.00 280.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 280.22 Td (42,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 280.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 280.22 Td (561,153) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 255.05 Td (Amounts expected to be recognized in net periodic benefit cost, net of tax, during the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.58 255.05 Td (December31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.17 255.05 Td ( are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.05 Td (as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 153.05 243.05 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.55 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 212.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 212.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 212.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 212.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 212.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 212.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 182.55 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 182.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 182.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 182.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 182.55 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 182.55 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 182.55 79.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 212.54999999999995 m 396.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 212.54999999999995 m 479.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 212.54999999999995 m 562.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 212.54999999999995 m 396.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 212.54999999999995 m 479.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 212.54999999999995 m 562.5 212.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 182.54999999999995 m 396.5 182.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 182.54999999999995 m 479.5 182.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 182.54999999999995 m 562.5 182.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 168.54999999999995 m 396.5 168.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 166.54999999999995 m 396.5 166.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 182.54999999999995 m 479.5 182.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 168.54999999999995 m 479.5 168.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 166.54999999999995 m 479.5 166.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 182.54999999999995 m 562.5 182.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 168.54999999999995 m 562.5 168.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 166.54999999999995 m 562.5 166.54999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.70 224.63 Td (Pensionand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.10 216.63 Td (SERP) Tj ET Q q 0 0 0 rg BT 348.96 216.63 Td (A) Tj ET Q q 0 0 0 rg BT 354.29 216.63 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.10 224.63 Td (Postr) Tj ET Q q 0 0 0 rg BT 432.17 224.63 Td (etir) Tj ET Q q 0 0 0 rg BT 444.01 224.63 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.90 216.63 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 439.97 216.63 Td (eBenefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.75 216.78 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 202.22 Td (Prior service cost \(credit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.00 202.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 202.22 Td (636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 202.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 202.27 Td (\(1,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 202.22 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.00 202.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 202.27 Td (\(1,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 202.22 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 187.22 Td (Net actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 187.22 Td (29,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 187.22 Td (2,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 187.22 Td (31,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 172.22 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.00 172.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 172.22 Td (29,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.00 172.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 172.22 Td (462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.00 172.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 172.22 Td (30,280) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 169 0 obj <> endobj 170 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Assumptions:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.25 Td (W) Tj ET Q q 0 0 0 rg BT 82.64 721.25 Td (eighted-average assumptions used to determine benefit obligations and net periodic benefit cost at December31 were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 93.61 709.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 666.75 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 666.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 666.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 666.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 666.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 666.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 666.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 666.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 636.75 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 636.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 636.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 636.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 636.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 636.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 636.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 636.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 598.75 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 598.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 598.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 598.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 598.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 598.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 598.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 598.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 568.75 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 568.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 568.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 568.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 568.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 568.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 568.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 568.75 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 678.75 m 279.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 678.75 m 283.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 678.75 m 335.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 678.75 m 339.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 678.75 m 392.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 678.75 m 448.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 678.75 m 452.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 678.75 m 505.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 678.75 m 509.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 678.75 m 562.5 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 666.75 m 279.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 666.75 m 335.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 666.75 m 392.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 666.75 m 448.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 666.75 m 505.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 666.75 m 562.5 666.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.20 690.83 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.60 682.83 Td (SERP) Tj ET Q q 0 0 0 rg BT 301.46 682.83 Td (A) Tj ET Q q 0 0 0 rg BT 306.79 682.83 Td ( Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.60 690.83 Td (Postr) Tj ET Q q 0 0 0 rg BT 471.67 690.83 Td (etir) Tj ET Q q 0 0 0 rg BT 483.51 690.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.40 682.83 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 479.47 682.83 Td (e Benefits) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 670.70 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.50 670.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.00 670.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.50 670.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 670.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.50 670.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.50 670.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 656.42 Td (Assumptions for benefit obligations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 641.42 Td (Discount rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 641.42 Td (4.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 641.42 Td (4.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 641.42 Td (5.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 641.42 Td (4.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 641.42 Td (3.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 641.42 Td (4.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 641.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 626.42 Td (Rate of compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 626.42 Td (3.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 626.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 626.42 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 626.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 626.42 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 626.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.75 626.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.75 626.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 626.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 612.32 Td (Assumptions for net periodic benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 602.32 Td (cost:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 588.42 Td (Discount rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 588.42 Td (4.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 588.42 Td (5.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 588.42 Td (4.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 588.42 Td (3.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 588.42 Td (4.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 588.42 Td (3.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 588.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 573.42 Td (Expected return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 573.42 Td (7.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 573.42 Td (7.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 573.42 Td (7.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 573.42 Td (7.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 573.42 Td (7.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 573.42 Td (8.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 573.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 558.42 Td (Rate of compensation increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 558.42 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 558.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.15 558.42 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 558.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 558.42 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 558.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.75 558.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.75 558.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 558.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 533.25 Td (Pension and SERP) Tj ET Q q 0 0 0 rg BT 129.28 533.25 Td (A) Tj ET Q q 0 0 0 rg BT 135.95 533.25 Td ( ) Tj ET Q q 0 0 0 rg BT 137.90 533.25 Td (Accumulated Benefit Obligation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 512.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 512.25 Td (s pension and SERP) Tj ET Q q 0 0 0 rg BT 213.63 512.25 Td (A) Tj ET Q q 0 0 0 rg BT 220.30 512.25 Td ( plans have a separately determined accumulated benefit obligation \(ABO\) and plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.25 Td (asset value. ) Tj ET Q q 0 0 0 rg BT 98.41 500.25 Td (The ) Tj ET Q q 0 0 0 rg BT 115.91 500.25 Td (ABO is the actuarial present value of benefits based on service rendered and current and past compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.25 Td (levels. ) Tj ET Q q 0 0 0 rg BT 78.14 488.25 Td (This dif) Tj ET Q q 0 0 0 rg BT 109.35 488.25 Td (fers from the projected benefit obligation \(PBO\) in that it includes no assumption about future compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (levels. ) Tj ET Q q 0 0 0 rg BT 78.14 476.25 Td (The total ) Tj ET Q q 0 0 0 rg BT 115.91 476.25 Td (ABO for all the Company) Tj ET Q q 0 0 0 rg BT 222.56 476.25 Td (s pension and SERP) Tj ET Q q 0 0 0 rg BT 302.49 476.25 Td (A) Tj ET Q q 0 0 0 rg BT 309.16 476.25 Td ( plans combined was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.25 476.25 Td ($1.92 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.36 476.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.80 476.25 Td ($1.92 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.91 476.25 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 464.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 464.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.02 464.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 220.68 464.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 443.25 Td (The following table summarizes information related to the Company pension plan with a PBO in excess of the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (of plan assets at December31 \(in millions\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 224.68 431.25 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 408.75 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 408.75 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 408.75 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.75 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 378.75 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 378.75 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 408.75 m 477.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 408.75 m 562.5 408.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 412.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.50 412.83 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.42 Td (Pension plan with PBOs in excess of fair value of plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 383.42 Td (PBO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 383.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 383.42 Td (1,964.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 383.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 383.42 Td (2,023.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 368.42 Td (Fair value of plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 368.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 368.42 Td (1,842.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 368.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 368.42 Td (1,992.6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 343.25 Td (The fair value of pension plan assets was greater than the plan's ) Tj ET Q q 0 0 0 rg BT 330.16 343.25 Td (ABO at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.49 343.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.08 343.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.51 343.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.51 343.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 322.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 322.25 Td (s SERP) Tj ET Q q 0 0 0 rg BT 163.09 322.25 Td (A) Tj ET Q q 0 0 0 rg BT 169.76 322.25 Td ( plans, which can only be funded as claims are paid, had projected and accumulated benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (obligations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.77 310.25 Td ($45.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.67 310.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.10 310.25 Td ($35.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.00 310.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 287.66 310.25 Td (, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.32 310.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.90 310.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.34 310.25 Td ($46.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.23 310.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.67 310.25 Td ($33.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.56 310.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 298.25 Td (, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.32 298.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.91 298.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (Plan ) Tj ET Q q 0 0 0 rg BT 71.40 277.25 Td (Assets:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 256.25 Td (Pension Plan ) Tj ET Q q 0 0 0 rg BT 129.92 256.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.92 256.25 Td ( - ) Tj ET Q q 0 0 0 rg BT 163.07 256.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 222.78 256.25 Td (s investment objective is to ensure assets are suf) Tj ET Q q 0 0 0 rg BT 415.33 256.25 Td (ficient to pay benefits while ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td (mitigating the volatility of retirement plan assets or liabilities recorded in the balance sheet. ) Tj ET Q q 0 0 0 rg BT 418.32 244.25 Td (The Company mitigates volatility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (through asset diversification and partial asset/liability matching. ) Tj ET Q q 0 0 0 rg BT 308.64 232.25 Td (The investment portfolio for the Company's pension plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (assets contains a diversified blend of equity and fixed-income investments. ) Tj ET Q q 0 0 0 rg BT 352.24 220.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 411.95 220.25 Td (s current overall tar) Tj ET Q q 0 0 0 rg BT 489.79 220.25 Td (geted asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (allocation as a percentage of total market value was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.33 208.25 Td (63%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.66 208.25 Td ( equities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.70 208.25 Td (37%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.03 208.25 Td ( fixed-income and cash. ) Tj ET Q q 0 0 0 rg BT 506.50 208.25 Td (Assets are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (rebalanced regularly to keep the actual allocation in line with tar) Tj ET Q q 0 0 0 rg BT 307.49 196.25 Td (gets. Equity holdings primarily include investments in small-, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.25 Td (medium- and lar) Tj ET Q q 0 0 0 rg BT 115.91 184.25 Td (ge-cap companies in the U.S. \(including Company stock\), investments in developed and emer) Tj ET Q q 0 0 0 rg BT 490.91 184.25 Td (ging foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.25 Td (markets and other investments such as private equity and real estate. Fixed-income holdings consist of U.S. government and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.25 Td (agency securities, state and municipal bonds, corporate bonds from diversified industries and foreign obligations. In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (cash equivalent balances are maintained at levels adequate to meet near) Tj ET Q q 0 0 0 rg BT 335.77 148.25 Td (-term plan expenses and benefit payments. Investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.25 Td (risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 115.25 Td (Postr) Tj ET Q q 0 0 0 rg BT 95.30 115.25 Td (etir) Tj ET Q q 0 0 0 rg BT 108.81 115.25 Td (ement Healthcar) Tj ET Q q 0 0 0 rg BT 175.37 115.25 Td (e Plan ) Tj ET Q q 0 0 0 rg BT 203.51 115.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.51 115.25 Td ( - ) Tj ET Q q 0 0 0 rg BT 236.66 115.25 Td (The Company's investment objective is to maximize the return on assets to help ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.25 Td (pay the benefits by prudently investing in equities, fixed income and alternative assets. ) Tj ET Q q 0 0 0 rg BT 399.45 103.25 Td (The Company's current overall tar) Tj ET Q q 0 0 0 rg BT 536.02 103.25 Td (geted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.25 Td (asset allocation as a percentage of total market value was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.27 91.25 Td (69%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.60 91.25 Td ( equities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.64 91.25 Td (31%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.97 91.25 Td ( fixed-income and cash. Equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.25 Td (holdings primarily include investments in small-, medium-, and lar) Tj ET Q q 0 0 0 rg BT 317.55 79.25 Td (ge-cap companies in the U.S., investments in developed and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.25 Td (emer) Tj ET Q q 0 0 0 rg BT 69.80 67.25 Td (ging foreign markets and other investments such as private equity and real estate. Fixed-income holdings consist of U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.25 Td (government and agency securities, state and municipal bonds, corporate bonds from diversified industries and foreign ) Tj ET Q endstream endobj 171 0 obj <> endobj 172 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (obligations. In addition, cash equivalent balances are maintained at levels adequate to meet near) Tj ET Q q 0 0 0 rg BT 433.82 742.10 Td (-term plan expenses and benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (payments. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The following tables present the fair values of the plan assets related to the Company) Tj ET Q q 0 0 0 rg BT 417.23 709.10 Td (s pension and postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (healthcare plans within the fair value hierarchy as defined in Note 7.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 676.10 Td (The fair values of the Company) Tj ET Q q 0 0 0 rg BT 203.68 676.10 Td (s pension plan assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.89 676.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.47 676.10 Td ( were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.95 676.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 621.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 621.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 621.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 621.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 621.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 621.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 621.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 621.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 621.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 591.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 591.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 591.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 591.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 591.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 591.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 591.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 591.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 591.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 561.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 561.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 561.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 561.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 561.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 561.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 561.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 561.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 561.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 531.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 531.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 531.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 531.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 531.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 531.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 531.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 531.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 531.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 501.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 501.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 501.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 501.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 501.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 501.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 501.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 501.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 501.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 471.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 471.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 471.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 471.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 471.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 471.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 471.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 471.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 471.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 441.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 441.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 441.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 441.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 441.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 441.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 411.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 411.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 411.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 411.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 411.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 411.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 381.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 381.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 381.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 381.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 381.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 621.6 m 325.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 621.6 m 404.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 621.6 m 483.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 621.6 m 562.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 501.6 m 325.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 501.6 m 404.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 501.6 m 483.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 501.6 m 562.5 501.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 381.6 m 325.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 381.6 m 404.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 381.6 m 483.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 381.6 m 562.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 366.6 m 325.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 381.6 m 404.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 366.6 m 404.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 381.6 m 483.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 366.6 m 483.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 381.6 m 562.5 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 366.6 m 562.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 352.6 m 325.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 350.6 m 325.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 366.6 m 404.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 352.6 m 404.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 350.6 m 404.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 366.6 m 483.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 352.6 m 483.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 350.6 m 483.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 366.6 m 562.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 352.6 m 562.5 352.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 350.6 m 562.5 350.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.05 633.83 Td (Balance as of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 625.83 Td (December 31, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.05 649.83 Td (QuotedPricesin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.10 641.83 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.90 633.83 Td (Identical ) Tj ET Q q 0 0 0 rg BT 371.68 633.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 625.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.05 657.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.35 649.68 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 641.68 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.35 633.68 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 625.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 649.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 641.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.35 633.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.50 625.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 611.27 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 596.27 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 596.27 Td (33,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 596.27 Td (1,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 596.27 Td (32,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 596.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 596.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 581.27 Td (Equity holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 566.27 Td (U.S. companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 566.27 Td (574,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 566.27 Td (571,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 566.27 Td (2,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 566.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 551.27 Td (Foreign companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 551.27 Td (113,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 551.27 Td (113,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 551.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 551.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 536.27 Td (Harley-Davidson common stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 536.27 Td (57,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 536.27 Td (57,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 536.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 536.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 521.27 Td (Pooled equity funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 521.27 Td (301,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 521.27 Td (301,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 521.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 521.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 506.27 Td (Private equity/real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 506.27 Td (23,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 506.27 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 506.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 506.27 Td (23,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 491.27 Td (Total equity holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.65 491.27 Td (1,071,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 491.27 Td (1,045,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 491.27 Td (2,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 491.27 Td (23,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 476.27 Td (Fixed-income holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 461.27 Td (U.S. Treasuries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 461.27 Td (42,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 461.27 Td (42,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 461.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 461.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 446.27 Td (Federal agencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 446.27 Td (43,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 446.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 446.27 Td (43,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 446.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 431.27 Td (Corporate bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 431.27 Td (388,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 431.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 431.27 Td (388,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 431.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 416.27 Td (Pooled fixed income funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 416.27 Td (184,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 416.27 Td (49,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 416.27 Td (134,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 416.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 401.27 Td (Foreign bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 401.27 Td (64,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 401.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 401.27 Td (64,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 401.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 386.27 Td (Municipal bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 386.27 Td (13,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 386.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 386.27 Td (13,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 386.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 371.27 Td (Total fixed-income holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 371.27 Td (736,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 371.27 Td (92,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 371.27 Td (644,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 371.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 356.27 Td (Total pension plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 356.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.65 356.27 Td (1,841,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 356.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 356.27 Td (1,139,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 356.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 356.27 Td (679,559) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 356.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 356.27 Td (23,332) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 331.10 Td (Included in the pension plan assets are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.34 331.10 Td (1,273,592) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.34 331.10 Td ( shares of the Company) Tj ET Q q 0 0 0 rg BT 367.54 331.10 Td (s common stock with a market value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.51 331.10 Td ($57.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 319.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.11 319.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.69 319.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 298.10 Td (The following table presents a reconciliation of the fair value measurements using significant unobservable inputs \(Level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (3\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.49 286.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.07 286.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.29 286.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 255.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 255.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 255.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 225.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 225.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 225.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 195.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 195.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 195.60 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 255.60000000000002 m 562.5 255.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 195.60000000000002 m 562.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 195.60000000000002 m 562.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 181.60000000000002 m 562.5 181.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 179.60000000000002 m 562.5 179.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 267.68 Td (Private Equity/) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.55 259.68 Td (Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 245.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 245.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 245.27 Td (31,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 230.27 Td (Actual return on plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 215.27 Td (Relating to assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 215.27 Td (2,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 200.27 Td (Purchases, sales and settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 200.32 Td (\(10,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 200.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 185.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 185.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 185.27 Td (23,332) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 173 0 obj <> endobj 174 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The fair values of the Company) Tj ET Q q 0 0 0 rg BT 203.68 742.10 Td (s postretirement healthcare plan assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.12 742.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.70 742.10 Td (, were as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 675.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 615.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 585.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 555.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 525.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 495.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.60 196.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 435.60 75.00 -22.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 675.6 m 325.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 675.6 m 404.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 675.6 m 483.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 675.6 m 487.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 675.6 m 562.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 570.6 m 325.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 570.6 m 404.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 570.6 m 483.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 570.6 m 562.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 570.6 m 404.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 570.6 m 483.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 570.6 m 487.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 570.6 m 562.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 450.6 m 325.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.6 m 404.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.6 m 483.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 450.6 m 487.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.6 m 562.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 435.6 m 325.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.6 m 404.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 435.6 m 404.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.6 m 483.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 450.6 m 487.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 435.6 m 487.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.6 m 562.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 414.6 m 325.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 412.6 m 325.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 435.6 m 404.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 414.6 m 404.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 412.6 m 404.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 414.6 m 483.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 412.6 m 483.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 435.6 m 487.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 414.6 m 487.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 412.6 m 487.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 414.6 m 562.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 412.6 m 562.5 412.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.05 687.83 Td (Balance as of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 679.83 Td (December 31, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.05 703.83 Td (QuotedPricesin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.10 695.83 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.90 687.83 Td (Identical ) Tj ET Q q 0 0 0 rg BT 371.68 687.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 679.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.05 711.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.35 703.68 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 695.68 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.35 687.68 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 679.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 703.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 695.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.35 687.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.50 679.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 666.17 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 651.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 650.27 Td (6,068) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 650.27 Td (2,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 650.27 Td (3,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 650.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 636.17 Td (Equity holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 621.17 Td (U.S. companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 620.27 Td (74,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 620.27 Td (74,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 620.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 620.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 606.17 Td (Foreign companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 605.27 Td (17,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 605.27 Td (16,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 605.27 Td (418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 605.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 591.17 Td (Pooled equity funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 590.27 Td (17,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 590.27 Td (17,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 590.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 590.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 575.27 Td (Private equity/real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 575.27 Td (4,902) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 575.27 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 575.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 575.27 Td (4,891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 561.17 Td (Total equity holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 560.27 Td (113,662) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 560.27 Td (108,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 560.27 Td (418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 560.27 Td (4,891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 546.17 Td (Fixed-income holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 531.17 Td (U.S. Treasuries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 530.27 Td (10,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 530.27 Td (10,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 530.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 530.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 516.17 Td (Federal agencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 515.27 Td (6,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 515.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 515.27 Td (6,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 515.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 501.17 Td (Corporate bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 500.27 Td (10,270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 500.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 500.27 Td (10,270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 500.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 486.17 Td (Pooled fixed income funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 485.27 Td (8,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 485.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 485.27 Td (8,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 485.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 471.17 Td (Foreign bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 470.27 Td (890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 470.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 470.27 Td (890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 470.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 456.17 Td (Municipal bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 455.27 Td (531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 455.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 455.27 Td (531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 455.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 441.17 Td (Total fixed-income holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 440.27 Td (37,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 440.27 Td (10,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 440.27 Td (26,504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 426.17 Td (Total postretirement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 416.22 Td (healthcare plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 418.27 Td (156,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 418.27 Td (121,864) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 418.27 Td (30,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 418.27 Td (4,891) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 393.10 Td (The following table presents a reconciliation of the fair value measurements using significant unobservable inputs \(Level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (3\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.49 381.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.07 381.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.29 381.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 350.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 350.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 320.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 290.60 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 350.6 m 562.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 350.6 m 562.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 290.6 m 562.5 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 290.6 m 562.5 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 276.6 m 562.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 274.6 m 562.5 274.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 362.68 Td (Private Equity/) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.55 354.68 Td (Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 340.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 340.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 340.27 Td (3,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 325.27 Td (Actual return on plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 310.27 Td (Relating to assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 310.27 Td (1,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 295.27 Td (Purchases, sales and settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 295.32 Td (\(340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 295.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 280.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 280.27 Td (4,891) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 175 0 obj <> endobj 176 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The fair values of the Company) Tj ET Q q 0 0 0 rg BT 203.68 742.10 Td (s pension plan assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.89 742.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.47 742.10 Td ( were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 516.95 742.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 687.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 687.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 687.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 687.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 687.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 687.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 657.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 657.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 657.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 657.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 657.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 657.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 657.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 657.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 657.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 627.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 627.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 627.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 627.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 627.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 627.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 627.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 627.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 597.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 597.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 597.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 597.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 597.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 597.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 597.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 597.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 597.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 567.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 567.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 567.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 567.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 567.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 567.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 567.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 567.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 567.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 537.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 537.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 537.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 537.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 537.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 537.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 537.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 537.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 537.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 507.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 507.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 507.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 507.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 507.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 507.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 477.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 477.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 477.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 477.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 477.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 447.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 447.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 447.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 447.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 447.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 447.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 687.6 m 325.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 687.6 m 404.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 687.6 m 483.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 687.6 m 562.5 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 567.6 m 325.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 567.6 m 404.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 567.6 m 483.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 567.6 m 562.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 447.6 m 325.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 447.6 m 404.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 447.6 m 483.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 447.6 m 562.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 432.6 m 325.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 447.6 m 404.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 432.6 m 404.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 447.6 m 483.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 432.6 m 483.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 447.6 m 562.5 447.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 432.6 m 562.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 418.6 m 325.5 418.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 416.6 m 325.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 432.6 m 404.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 418.6 m 404.5 418.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 416.6 m 404.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 432.6 m 483.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 418.6 m 483.5 418.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 416.6 m 483.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 432.6 m 562.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 418.6 m 562.5 418.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 416.6 m 562.5 416.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.05 699.83 Td (Balance as of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 691.83 Td (December 31, 2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.05 715.83 Td (QuotedPricesin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.10 707.83 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.90 699.83 Td (Identical ) Tj ET Q q 0 0 0 rg BT 371.68 699.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 691.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.05 723.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.35 715.68 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 707.68 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.35 699.68 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 691.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 715.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 707.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.35 699.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.50 691.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 677.27 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 662.27 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 662.27 Td (38,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 662.27 Td (2,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 662.27 Td (35,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 662.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 662.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 647.27 Td (Equity holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 632.27 Td (U.S. companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 632.27 Td (625,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 632.27 Td (620,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 632.27 Td (4,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 632.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 617.27 Td (Foreign companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 617.27 Td (109,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 617.27 Td (109,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 617.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 617.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 602.27 Td (Harley-Davidson common stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 602.27 Td (83,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 602.27 Td (83,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 602.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 602.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 587.27 Td (Pooled equity funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 587.27 Td (323,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 587.27 Td (323,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 587.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 587.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 572.27 Td (Private equity/real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 572.27 Td (31,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 572.27 Td (140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 572.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 572.27 Td (31,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 557.27 Td (Total equity holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.65 557.27 Td (1,173,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 557.27 Td (1,137,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 557.27 Td (4,211) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 557.27 Td (31,086) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 542.27 Td (Fixed-income holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 527.27 Td (U.S. Treasuries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 527.27 Td (51,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 527.27 Td (51,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 527.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 527.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 512.27 Td (Federal agencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 512.27 Td (45,282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 512.27 Td (45,282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 512.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 497.27 Td (Corporate bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 497.27 Td (376,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 497.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 497.27 Td (376,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 497.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 482.27 Td (Pooled fixed income funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 482.27 Td (236,024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 482.27 Td (52,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 482.27 Td (183,689) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 482.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 467.27 Td (Foreign bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 467.27 Td (58,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 467.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 467.27 Td (58,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 467.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 452.27 Td (Municipal bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 452.27 Td (13,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 452.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 452.27 Td (13,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 452.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 437.27 Td (Total fixed-income holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 437.27 Td (781,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 437.27 Td (103,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 437.27 Td (677,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 437.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 422.27 Td (Total pension plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.65 422.27 Td (1,992,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 422.27 Td (1,244,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 422.27 Td (717,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 422.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 422.27 Td (31,086) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 397.10 Td (Included in the pension plan assets are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.34 397.10 Td (1,273,592) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.34 397.10 Td ( shares of the Company) Tj ET Q q 0 0 0 rg BT 367.54 397.10 Td (s common stock with a market value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.51 397.10 Td ($83.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 385.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.11 385.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.69 385.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 364.10 Td (The following table presents a reconciliation of the fair value measurements using significant unobservable inputs \(Level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.10 Td (3\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.49 352.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.07 352.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.29 352.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 321.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 321.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 321.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 291.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 291.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 291.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 261.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 261.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 261.60 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 321.6 m 562.5 321.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 261.6 m 562.5 261.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 261.6 m 562.5 261.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 247.60000000000002 m 562.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 245.60000000000002 m 562.5 245.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 333.68 Td (Private Equity/) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.55 325.68 Td (Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 311.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 311.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 311.27 Td (34,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 296.27 Td (Actual return on plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 281.27 Td (Relating to assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 281.32 Td (\(3,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 281.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 266.27 Td (Purchases, sales and settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 266.27 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 251.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 251.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 251.27 Td (31,086) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 177 0 obj <> endobj 178 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The fair values of the Company) Tj ET Q q 0 0 0 rg BT 203.68 742.10 Td (s postretirement healthcare plan assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.12 742.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.70 742.10 Td (, were as follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 96.11 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 675.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 675.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 675.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 645.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 645.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 615.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 615.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 615.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 585.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 585.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 585.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 555.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 555.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 555.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 525.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 525.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 525.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 495.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 495.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 495.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.60 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 465.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 465.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.60 196.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 435.60 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 435.60 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 435.60 75.00 -22.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 675.6 m 325.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 675.6 m 404.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 675.6 m 483.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 675.6 m 562.5 675.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 570.6 m 404.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 570.6 m 483.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 570.6 m 562.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 570.6 m 325.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 570.6 m 404.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 570.6 m 483.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 570.6 m 562.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 450.6 m 325.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.6 m 404.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.6 m 483.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.6 m 562.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 435.6 m 325.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 450.6 m 404.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 435.6 m 404.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 450.6 m 483.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 450.6 m 562.5 450.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 414.6 m 325.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 250.5 412.6 m 325.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 435.6 m 404.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 414.6 m 404.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 412.6 m 404.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 414.6 m 483.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 412.6 m 483.5 412.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 414.6 m 562.5 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 412.6 m 562.5 412.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.05 687.83 Td (Balance as of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.25 679.83 Td (December 31, 2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.05 703.83 Td (QuotedPricesin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.10 695.83 Td (ActiveMarketsfor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.90 687.83 Td (Identical ) Tj ET Q q 0 0 0 rg BT 371.68 687.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 679.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.05 711.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.35 703.68 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.90 695.68 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.35 687.68 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 679.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 703.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 695.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.35 687.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.50 679.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 665.27 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 650.27 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 650.27 Td (8,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 650.27 Td (7,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 650.27 Td (755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 650.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 650.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 635.27 Td (Equity holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 620.27 Td (U.S. companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 620.27 Td (75,349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 620.27 Td (75,349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 620.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 620.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 605.27 Td (Foreign companies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 605.27 Td (15,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 605.27 Td (15,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 605.27 Td (521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 605.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 590.27 Td (Pooled equity funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 590.27 Td (19,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 590.27 Td (19,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 590.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 590.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 575.27 Td (Private equity/real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 575.27 Td (3,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 575.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 575.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 575.27 Td (3,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 560.27 Td (Total equity holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 560.27 Td (113,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 560.27 Td (109,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 560.27 Td (521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 560.27 Td (3,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 545.27 Td (Fixed-income holdings:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 530.27 Td (U.S. Treasuries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 530.27 Td (11,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 530.27 Td (11,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 530.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 530.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 515.27 Td (Federal agencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 515.27 Td (1,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 515.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 515.27 Td (1,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 515.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 500.27 Td (Corporate bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 500.27 Td (11,549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 500.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 500.27 Td (11,549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 500.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 485.27 Td (Pooled fixed income funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 485.27 Td (8,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 485.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 485.27 Td (8,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 485.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 470.27 Td (Foreign bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 470.27 Td (770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 470.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 470.27 Td (770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 470.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 455.27 Td (Municipal bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 455.27 Td (217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 455.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 455.27 Td (217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 455.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 440.27 Td (Total fixed-income holdings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 440.27 Td (34,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 440.27 Td (11,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 440.27 Td (23,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 440.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 426.17 Td (Total postretirement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 416.22 Td (healthcare plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 418.27 Td (156,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 418.27 Td (128,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 418.27 Td (24,684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 418.27 Td (3,869) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 393.10 Td (The following table presents a reconciliation of the fair value measurements using significant unobservable inputs \(Level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (3\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.49 381.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.07 381.10 Td ( \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.29 381.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 350.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 350.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 320.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.60 432.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 290.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 290.60 76.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 350.6 m 562.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 350.6 m 562.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 290.6 m 562.5 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 290.6 m 562.5 290.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 276.6 m 562.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 274.6 m 562.5 274.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.85 362.68 Td (Private Equity/) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.55 354.68 Td (Real Estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 340.27 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 340.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 340.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 325.27 Td (Actual return on plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 310.27 Td (Relating to assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 310.32 Td (\(178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 310.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 295.27 Td (Purchases, sales and settlements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 295.27 Td (4,047) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 280.27 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.00 280.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 280.27 Td (3,869) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 255.10 Td (No plan assets are expected to be returned to the Company during the fiscal year ending December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.91 255.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.91 255.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 234.10 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.39 234.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.39 234.10 Td (, the Company) Tj ET Q q 0 0 0 rg BT 171.77 234.10 Td (s overall expected long-term rate of return is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.26 234.10 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.09 234.10 Td ( for pension assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.12 234.10 Td (7.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.95 234.10 Td ( for postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.10 Td (healthcare plan assets. ) Tj ET Q q 0 0 0 rg BT 141.45 222.10 Td (The expected long-term rate of return is based on the portfolio as a whole and not on the sum of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.10 Td (returns on individual asset categories. ) Tj ET Q q 0 0 0 rg BT 203.11 210.10 Td (The return is based on historical returns adjusted to reflect the current view of the long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (term investment market.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (Postr) Tj ET Q q 0 0 0 rg BT 72.59 172.10 Td (etir) Tj ET Q q 0 0 0 rg BT 87.39 172.10 Td (ement Healthcar) Tj ET Q q 0 0 0 rg BT 158.57 172.10 Td (e Cost:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 151.10 Td (The weighted-average healthcare cost trend rate used in determining the accumulated postretirement benefit obligation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (the healthcare plans was as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 193.56 139.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 116.60 350.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 116.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 116.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 116.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 116.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 86.60 350.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 86.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 86.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 86.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 86.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 116.60000000000002 m 481.5 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 116.60000000000002 m 562.5 116.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 120.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.50 120.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 106.27 Td (Healthcare cost trend rate for next year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 106.27 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 106.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 106.27 Td (8.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 106.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 91.27 Td (Rate to which the cost trend rate is assumed to decline \(the ultimate rate\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 91.27 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 91.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 91.27 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 91.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 76.27 Td (Year that the rate reaches the ultimate trend rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.00 76.27 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.00 76.27 Td (2021) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 179 0 obj <> endobj 180 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (This healthcare cost trend rate assumption can have a significant ef) Tj ET Q q 0 0 0 rg BT 342.05 742.10 Td (fect on the amounts reported. ) Tj ET Q q 0 0 0 rg BT 460.90 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 467.57 742.10 Td ( one-percentage-point ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (change in the assumed healthcare cost trend rate would have the following ef) Tj ET Q q 0 0 0 rg BT 358.04 730.10 Td (fects \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.13 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 691.60 344.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 691.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 691.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 691.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 691.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 691.6 m 478.5 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 691.6 m 562.5 691.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.85 711.68 Td (One) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.95 703.68 Td (Per) Tj ET Q q 0 0 0 rg BT 436.79 703.68 Td (cent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.60 695.68 Td (Incr) Tj ET Q q 0 0 0 rg BT 438.12 695.68 Td (ease) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.85 711.68 Td (One) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.95 703.68 Td (Per) Tj ET Q q 0 0 0 rg BT 520.79 703.68 Td (cent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.75 695.68 Td (Decr) Tj ET Q q 0 0 0 rg BT 523.04 695.68 Td (ease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 681.27 Td (Total of service and interest cost components in 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 681.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 681.27 Td (755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 681.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 681.32 Td (\(605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 681.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 666.27 Td (Accumulated benefit obligation as of December 31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 666.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 666.27 Td (12,211) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 666.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 666.32 Td (\(10,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 666.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (Futur) Tj ET Q q 0 0 0 rg BT 74.82 641.10 Td (e Contributions and Benefit Payments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 620.10 Td (In January 2016, the Company voluntarily contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.96 620.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.85 620.10 Td ( to further fund its qualified pension plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.98 620.10 Td (No) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.20 620.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.10 Td (pension plan contributions are required in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.40 608.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.40 608.10 Td (. ) Tj ET Q q 0 0 0 rg BT 244.22 608.10 Td (The Company expects it will continue to make on-going contributions related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.10 Td (to current benefit payments for SERP) Tj ET Q q 0 0 0 rg BT 199.33 596.10 Td (A) Tj ET Q q 0 0 0 rg BT 206.00 596.10 Td ( and postretirement healthcare plans in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.16 596.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 383.16 600.63 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.74 596.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 575.10 Td (The expected benefit payments for the next five years and thereafter were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.12 575.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.60 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 536.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 536.60 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 536.60 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 506.60 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 506.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 506.60 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 506.60 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 476.60 297.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 476.60 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 476.60 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 476.60 68.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 536.6 m 418.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 536.6 m 490.5 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 536.6 m 562.5 536.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.15 548.83 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.70 540.83 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.40 548.83 Td (SERP) Tj ET Q q 0 0 0 rg BT 463.26 548.83 Td (A) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.20 540.83 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.60 556.68 Td (Postr) Tj ET Q q 0 0 0 rg BT 520.67 556.68 Td (etir) Tj ET Q q 0 0 0 rg BT 532.51 556.68 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.15 548.68 Td (Healthcar) Tj ET Q q 0 0 0 rg BT 543.22 548.68 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.20 540.68 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 526.27 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 526.27 Td (77,310) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 526.27 Td (2,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 526.27 Td (33,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 511.27 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 511.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 511.27 Td (78,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 511.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 511.27 Td (2,215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 511.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 511.27 Td (33,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 496.27 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 496.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 496.27 Td (80,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 496.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 496.27 Td (2,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 496.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 496.27 Td (31,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 481.27 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 481.27 Td (83,377) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 481.27 Td (2,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 481.27 Td (29,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 466.27 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 466.27 Td (86,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 466.27 Td (2,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 466.27 Td (28,139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 451.27 Td (2021-2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 451.27 Td (497,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 451.27 Td (21,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 451.27 Td (129,295) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (Defined Contribution Plans:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 405.10 Td (The Company has various defined contribution benefit plans that in total cover substantially all full-time employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.10 Td (Employees can make voluntary contributions in accordance with the provisions of their respective plan, which includes a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (401\(k\) tax deferral option. ) Tj ET Q q 0 0 0 rg BT 157.84 381.10 Td (The Company expensed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.98 381.10 Td ($18.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.87 381.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.87 381.10 Td ($18.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.76 381.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.20 381.10 Td ($14.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.09 381.10 Td ( for Company contributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.61 369.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.61 369.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.61 369.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.61 369.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.05 369.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.05 369.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 215.71 369.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (14.Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 327.10 Td (The Company operates certain administrative, manufacturing, warehouse and testing facilities and equipment under lease ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (arrangements that are accounted for as operating leases. ) Tj ET Q q 0 0 0 rg BT 275.55 315.10 Td (T) Tj ET Q q 0 0 0 rg BT 280.96 315.10 Td (otal rental expense was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.47 315.10 Td ($15.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.37 315.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.37 315.10 Td ($12.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.26 315.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.70 315.10 Td ($12.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 303.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.55 303.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.55 303.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.55 303.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.55 303.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.99 303.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.99 303.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 232.65 303.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 282.10 Td (Future minimum operating lease payments at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.29 282.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.88 282.10 Td ( were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.35 282.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 271.60 430.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 271.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 271.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 241.60 430.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 241.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 241.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 211.60 430.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 211.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 211.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 181.60 430.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 181.60 5.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 181.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 181.60000000000002 m 562.5 181.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 167.60000000000002 m 562.5 167.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 165.60000000000002 m 562.5 165.60000000000002 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 261.27 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 261.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 261.27 Td (13,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 246.27 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 246.27 Td (9,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 231.27 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 231.27 Td (7,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.27 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 216.27 Td (6,883) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 201.27 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 201.27 Td (4,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 186.27 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 186.27 Td (13,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 171.27 Td (Total operating lease payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 171.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 171.27 Td (55,529) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (15.Commitments and Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 125.10 Td (The Company is subject to lawsuits and other claims related to environmental, product and other matters. In determining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.10 Td (required reserves related to these items, the Company carefully analyzes cases and considers the likelihood of adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.10 Td (judgments or outcomes, as well as the potential range of possible loss. ) Tj ET Q q 0 0 0 rg BT 333.10 101.10 Td (The required reserves are monitored on an ongoing basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.10 Td (and are updated based on new developments or new information in each matter) Tj ET Q q 0 0 0 rg BT 366.56 89.10 Td (.) Tj ET Q endstream endobj 181 0 obj <> endobj 182 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (90) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Envir) Tj ET Q q 0 0 0 rg BT 71.85 742.10 Td (onmental Pr) Tj ET Q q 0 0 0 rg BT 121.19 742.10 Td (otection ) Tj ET Q q 0 0 0 rg BT 155.72 742.10 Td (Agency Notice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 721.10 Td (In December 2009, the Company received formal, written requests for information from the United States Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Protection ) Tj ET Q q 0 0 0 rg BT 93.05 709.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 140.73 709.10 Td (A\) regarding: \(i\)certificates of conformity for motorcycle emissions and related designations and labels, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (\(ii\)aftermarket parts, and \(iii\)warranty claims on emissions related components. ) Tj ET Q q 0 0 0 rg BT 376.10 697.10 Td (The Company promptly submitted written ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (responses to the EP) Tj ET Q q 0 0 0 rg BT 127.13 685.10 Td (A) Tj ET Q q 0 0 0 rg BT 133.24 685.10 Td () Tj ET Q q 0 0 0 rg BT 136.02 685.10 Td (s inquiry and has engaged in discussions with the EP) Tj ET Q q 0 0 0 rg BT 346.47 685.10 Td (A. Since that time, the EP) Tj ET Q q 0 0 0 rg BT 449.15 685.10 Td (A) Tj ET Q q 0 0 0 rg BT 455.82 685.10 Td ( has delivered various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (additional requests for information to which the Company has responded. It is probable that a result of the EP) Tj ET Q q 0 0 0 rg BT 487.59 673.10 Td (A) Tj ET Q q 0 0 0 rg BT 493.71 673.10 Td () Tj ET Q q 0 0 0 rg BT 496.48 673.10 Td (s investigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (will be some form of enforcement action by the EP) Tj ET Q q 0 0 0 rg BT 253.75 661.10 Td (A) Tj ET Q q 0 0 0 rg BT 260.42 661.10 Td ( that will seek a fine and/or other relief. ) Tj ET Q q 0 0 0 rg BT 420.73 661.10 Td (The Company has a reserve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (associated with this matter which is included in accrued liabilities in the Consolidated Balance Sheet. However) Tj ET Q q 0 0 0 rg BT 493.92 649.10 Td (, given the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (uncertainty that still exists concerning the resolution of this matter) Tj ET Q q 0 0 0 rg BT 314.81 637.10 Td (, there is a possibility that the actual loss incurred may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (materially dif) Tj ET Q q 0 0 0 rg BT 103.96 625.10 Td (ferent than the Company) Tj ET Q q 0 0 0 rg BT 205.88 625.10 Td (s current reserve. ) Tj ET Q q 0 0 0 rg BT 276.40 625.10 Td (At this time, the Company cannot reasonably estimate the impact of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (any remedies the EP) Tj ET Q q 0 0 0 rg BT 131.00 613.10 Td (A) Tj ET Q q 0 0 0 rg BT 137.67 613.10 Td ( might seek beyond the Company's current reserve for this matter) Tj ET Q q 0 0 0 rg BT 398.44 613.10 Td (, if any) Tj ET Q q 0 0 0 rg BT 425.84 613.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (Y) Tj ET Q q 0 0 0 rg BT 54.64 592.10 Td (ork Envir) Tj ET Q q 0 0 0 rg BT 92.32 592.10 Td (onmental Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 571.10 Td (The Company is involved with government agencies and groups of potentially responsible parties in various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (environmental matters, including a matter involving the cleanup of soil and groundwater contamination at its ) Tj ET Q q 0 0 0 rg BT 487.85 559.10 Td (Y) Tj ET Q q 0 0 0 rg BT 494.07 559.10 Td (ork, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (Pennsylvania facility) Tj ET Q q 0 0 0 rg BT 133.50 547.10 Td (. ) Tj ET Q q 0 0 0 rg BT 138.32 547.10 Td (The ) Tj ET Q q 0 0 0 rg BT 155.99 547.10 Td (Y) Tj ET Q q 0 0 0 rg BT 162.21 547.10 Td (ork facility was formerly used by the U.S. Navy and ) Tj ET Q q 0 0 0 rg BT 373.28 547.10 Td (AMF prior to the purchase of the ) Tj ET Q q 0 0 0 rg BT 507.60 547.10 Td (Y) Tj ET Q q 0 0 0 rg BT 513.82 547.10 Td (ork facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (by the Company from ) Tj ET Q q 0 0 0 rg BT 139.99 535.10 Td (AMF in 1981. ) Tj ET Q q 0 0 0 rg BT 198.89 535.10 Td (Although the Company is not certain as to the full extent of the environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (contamination at the ) Tj ET Q q 0 0 0 rg BT 133.77 523.10 Td (Y) Tj ET Q q 0 0 0 rg BT 139.99 523.10 Td (ork facility) Tj ET Q q 0 0 0 rg BT 183.49 523.10 Td (, it has been working with the Pennsylvania Department of Environmental Protection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (\(P) Tj ET Q q 0 0 0 rg BT 57.97 511.10 Td (ADEP\) since 1986 in undertaking environmental investigation and remediation activities, including an ongoing site-wide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (remedial investigation/feasibility study \(RI/FS\). In January 1995, the Company entered into a settlement agreement \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (Agreement\) with the Navy) Tj ET Q q 0 0 0 rg BT 156.26 487.10 Td (, and the parties amended the ) Tj ET Q q 0 0 0 rg BT 274.83 487.10 Td (Agreement in 2013 to address ordnance and explosive waste.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 466.10 Td (The ) Tj ET Q q 0 0 0 rg BT 90.00 466.10 Td (Agreement calls for the Navy and the Company to contribute amounts into a trust equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.24 466.10 Td (53%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.57 466.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.01 466.10 Td (47%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.34 466.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 454.10 Td (, of future costs associated with environmental investigation and remediation activities at the ) Tj ET Q q 0 0 0 rg BT 470.52 454.10 Td (Y) Tj ET Q q 0 0 0 rg BT 476.74 454.10 Td (ork facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (\(Response Costs\). ) Tj ET Q q 0 0 0 rg BT 124.54 442.10 Td (The trust administers the payment of the Response Costs incurred at the ) Tj ET Q q 0 0 0 rg BT 414.11 442.10 Td (Y) Tj ET Q q 0 0 0 rg BT 420.33 442.10 Td (ork facility as covered by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 409.10 Td (The Company has a reserve for its estimate of its share of the future Response Costs at the ) Tj ET Q q 0 0 0 rg BT 435.92 409.10 Td (Y) Tj ET Q q 0 0 0 rg BT 442.14 409.10 Td (ork facility which is included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.10 Td (in accrued liabilities in the Consolidated Balance Sheets. ) Tj ET Q q 0 0 0 rg BT 279.11 397.10 Td (As noted above, the RI/FS is still underway and given the uncertainty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (that exists concerning the nature and scope of additional environmental investigation and remediation that may ultimately be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (required under the RI/FS or otherwise at the ) Tj ET Q q 0 0 0 rg BT 228.47 373.10 Td (Y) Tj ET Q q 0 0 0 rg BT 234.69 373.10 Td (ork facility) Tj ET Q q 0 0 0 rg BT 278.19 373.10 Td (, the Company is unable to make a reasonable estimate of those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (additional costs, if any) Tj ET Q q 0 0 0 rg BT 139.89 361.10 Td (, that may result.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 340.10 Td (The estimate of the Company) Tj ET Q q 0 0 0 rg BT 193.58 340.10 Td (s future Response Costs that will be incurred at the ) Tj ET Q q 0 0 0 rg BT 399.28 340.10 Td (Y) Tj ET Q q 0 0 0 rg BT 405.50 340.10 Td (ork facility is based on reports of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (independent environmental consultants retained by the Company) Tj ET Q q 0 0 0 rg BT 309.28 328.10 Td (, the actual costs incurred to date and the estimated costs to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (complete the necessary investigation and remediation activities. Response Costs are expected to be paid primarily through 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (although certain Response Costs may continue for some time beyond 2017.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 283.10 Td (oduct Liability Matters:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 262.10 Td (The Company is involved in product liability suits related to the operation of its business. ) Tj ET Q q 0 0 0 rg BT 432.82 262.10 Td (The Company accrues for claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (exposures that are probable of occurrence and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 353.57 250.10 Td (The Company also maintains insurance coverage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (for product liability exposures. ) Tj ET Q q 0 0 0 rg BT 175.63 238.10 Td (The Company believes that its accruals and insurance coverage are adequate and that product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (liability suits will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 241.98 226.10 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 328.35 226.10 Td (s consolidated financial statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (16. Capital Stock) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 188.10 Td (Common Stock:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 167.10 Td (The Company is authorized to issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.08 167.10 Td (800,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.08 167.10 Td ( shares of common stock of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.84 167.10 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.34 167.10 Td ( par value. ) Tj ET Q q 0 0 0 rg BT 449.58 167.10 Td (There were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.33 167.10 Td (184.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.22 167.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 155.10 Td (21) Tj ET Q q 0 0 0 rg BT 76.57 155.10 Td (1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.46 155.10 Td ( common shares outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.77 155.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.35 155.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.79 155.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.79 155.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 429.45 155.10 Td (.) Tj ET Q endstream endobj 183 0 obj <> endobj 184 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 742.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.83 742.10 Td (, the Company repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.74 742.10 Td (28.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.63 742.10 Td ( shares of its common stock at a weighted-average price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.04 742.10 Td ($55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.04 742.10 Td (. ) Tj ET Q q 0 0 0 rg BT 542.86 742.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.83 730.10 Td (0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.72 730.10 Td ( shares of common stock that were repurchased from employees that surrendered stock to satisfy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (withholding taxes in connection with the vesting of restricted stock awards. ) Tj ET Q q 0 0 0 rg BT 354.19 718.10 Td (The remaining repurchases were made pursuant to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (the following authorizations \(in millions of shares\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 256.07 706.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.60 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 669.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 669.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 669.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 669.60 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.60 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 639.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 639.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 639.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 639.60 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.60 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 609.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 609.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 609.60 66.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.50 609.60 97.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 681.6 m 315.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 681.6 m 319.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 681.6 m 385.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 681.6 m 389.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 681.6 m 455.5 681.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 669.6 m 315.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 669.6 m 385.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 669.6 m 455.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 669.6 m 556.5 669.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 609.6 m 315.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 609.6 m 385.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 609.6 m 455.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 609.6 m 556.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 609.6 m 315.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 595.6 m 315.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 593.6 m 315.5 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 609.6 m 385.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 595.6 m 385.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 593.6 m 385.5 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 609.6 m 455.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 595.6 m 455.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 593.6 m 455.5 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 609.6 m 556.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 595.6 m 556.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459.5 593.6 m 556.5 593.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 685.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.10 685.83 Td (SharesRepurchased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.80 681.83 Td (AuthorizationRemaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.90 673.83 Td (at December) Tj ET Q q 0 0 0 rg BT 514.06 673.83 Td (31, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 673.68 Td (Board of Directors Authorization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.00 673.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 344.00 673.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 673.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 659.27 Td (1997 Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 659.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 659.27 Td (3.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 659.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 659.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 644.27 Td (2007 Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 644.27 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 644.27 Td (5.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 644.27 Td (7.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 644.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 629.27 Td (2014 Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 629.27 Td (20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 629.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 629.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 629.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 614.27 Td (2015 Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 614.27 Td (6.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 614.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 614.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 614.27 Td (9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 599.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.15 599.27 Td (27.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 599.27 Td (9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 599.27 Td (7.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 599.27 Td (9.0) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 574.10 Td (1997 ) Tj ET Q q 0 0 0 rg BT 96.32 574.10 Td (Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.32 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 161.14 574.10 Td (The Company has an authorization from its Board of Directors \(originally adopted December 1997\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (to repurchase shares of its outstanding common stock under which the cumulative number of shares repurchased, at the time of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (any repurchase, shall not exceed the sum of \(1\)the number of shares issued in connection with the exercise of stock options ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (occurring on or after January1, 2004, plus \(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.89 538.10 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.22 538.10 Td ( of the issued and outstanding common stock of the Company on January1 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (the current year) Tj ET Q q 0 0 0 rg BT 112.34 526.10 Td (, adjusted for any stock split. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 505.10 Td (2007 ) Tj ET Q q 0 0 0 rg BT 96.32 505.10 Td (Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.32 505.10 Td ( In December 2007, the Company) Tj ET Q q 0 0 0 rg BT 297.12 505.10 Td (s Board of Directors separately authorized the Company to buy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.10 Td (back up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.16 493.10 Td (20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.66 493.10 Td ( million shares of its common stock with no dollar limit or expiration date. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 472.10 Td (2014 ) Tj ET Q q 0 0 0 rg BT 96.32 472.10 Td (Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.32 472.10 Td ( In February 2014, the Company) Tj ET Q q 0 0 0 rg BT 292.13 472.10 Td (s Board of Directors separately authorized the Company to buy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (back up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.16 460.10 Td (20.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.66 460.10 Td ( million shares of its common stock with no dollar limit or expiration date.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 74.00 439.10 Td (2015 ) Tj ET Q q 0 0 0 rg BT 96.32 439.10 Td (Authorization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.32 439.10 Td ( In June 2015, the Company) Tj ET Q q 0 0 0 rg BT 274.37 439.10 Td (s Board of Directors separately authorized the Company to buy back up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.10 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 427.10 Td (15.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.78 427.10 Td ( million shares of its common stock with no dollar limit or expiration date.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 406.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 81.27 406.10 Td (ed Stock:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 385.10 Td (The Company is authorized to issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.08 385.10 Td (2,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.08 385.10 Td ( shares of preferred stock of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.48 385.10 Td ($1.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.98 385.10 Td ( par value, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.40 385.10 Td (none) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.84 385.10 Td ( of which is outstanding.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (17.Shar) Tj ET Q q 0 0 0 rg BT 92.88 364.10 Td (e-Based ) Tj ET Q q 0 0 0 rg BT 128.16 364.10 Td (A) Tj ET Q q 0 0 0 rg BT 134.64 364.10 Td (wards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 343.10 Td (The Company has a share-based compensation plan which was approved by its Shareholders in ) Tj ET Q q 0 0 0 rg BT 457.24 343.10 Td (April 2014 \(Plan\) under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (which the Board of Directors may grant to employees share-based awards including nonqualified stock options, stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (appreciation rights \(SARs\), shares of restricted stock and restricted stock units \(RSUs\). ) Tj ET Q q 0 0 0 rg BT 400.85 319.10 Td (The options and SARs granted under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (the Plan have an exercise price equal to the fair market value of the underlying stock at the date of grant vest ratably over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.99 295.10 Td (-year period with the first one-third of the grant becoming exercisable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.83 295.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.26 295.10 Td ( year after the date of grant. ) Tj ET Q q 0 0 0 rg BT 479.36 295.10 Td (The options and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (SARs expire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.33 283.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.33 283.10 Td ( years from the date of grant. Shares of restricted stock and RSUs granted under the Plan vest ratably over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.99 271.10 Td (-year period with the first one-third of the grant vesting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.81 271.10 Td (one) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.25 271.10 Td ( year after the date of grant. Dividends are paid on shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (restricted stock and dividend equivalents are paid on RSUs. ) Tj ET Q q 0 0 0 rg BT 290.50 259.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.00 259.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.59 259.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 259.10 Td (8.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.89 259.10 Td ( shares of common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (stock available for future awards under the Plan.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (Stock Options:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 205.10 Td (The Company estimates the grant date fair value of its option awards granted using a lattice-based option valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.10 Td (model. ) Tj ET Q q 0 0 0 rg BT 79.81 193.10 Td (The Company believes that the lattice-based option valuation model provides a more precise estimate of fair value than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.10 Td (the Black-Scholes option pricing model. Lattice-based option valuation models utilize ranges of assumptions over the expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (term of the options. Prior to 2013, the Company used a weighted-average of implied and historical volatility to determine the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.10 Td (expected volatility of its stock. Beginning with awards granted in 2013, the Company uses implied volatility to determine the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.10 Td (expected volatility of its stock. ) Tj ET Q q 0 0 0 rg BT 175.35 145.10 Td (The Company uses historical data to estimate option exercise and employee termination within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.10 Td (the valuation model. ) Tj ET Q q 0 0 0 rg BT 134.24 133.10 Td (The expected term of options granted is derived from the output of the option valuation model and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (represents the average period of time that options granted are expected to be outstanding. ) Tj ET Q q 0 0 0 rg BT 408.86 121.10 Td (The risk-free rate for periods within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (the contractual life of the option is based on the U.S. ) Tj ET Q q 0 0 0 rg BT 262.82 109.10 Td (T) Tj ET Q q 0 0 0 rg BT 268.58 109.10 Td (reasury yield curve in ef) Tj ET Q q 0 0 0 rg BT 365.58 109.10 Td (fect at the time of grant.) Tj ET Q endstream endobj 185 0 obj <> endobj 186 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (Assumptions used in calculating the lattice-based fair value of options granted during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.36 742.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.36 742.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.36 742.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.36 742.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.79 742.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.79 742.10 Td ( were as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.78 730.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 707.60 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 707.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 707.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 707.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 707.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 677.60 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 677.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 677.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 677.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.60 263.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 647.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 647.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 647.60 79.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 707.6 m 396.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 707.6 m 479.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 707.6 m 562.5 707.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.50 711.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.50 711.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.50 711.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 697.27 Td (Expected average term \(in years\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.50 697.27 Td (6.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.50 697.27 Td (6.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.50 697.27 Td (6.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 682.27 Td (Expected volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.00 682.27 Td (24% - 30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 682.27 Td (25% - 34%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 682.27 Td (27% - 36%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 667.27 Td (Weighted average volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 667.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 667.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 667.27 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 667.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 667.27 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 667.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.27 Td (Expected dividend yield) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 652.27 Td (2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 652.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 652.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 652.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 652.27 Td (1.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 652.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 637.27 Td (Risk-free interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 637.27 Td (0.1% - 2.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 637.27 Td (0.1% - 2.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 637.27 Td (0.1% - 2.1%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 612.10 Td (The following table summarizes the stock option transactions for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.24 612.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.82 612.10 Td ( \(in thousands except ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (for per share amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.02 600.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 569.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 569.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 569.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 569.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 539.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 539.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 539.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 539.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 509.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 509.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 509.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 509.60 86.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 569.6 m 472.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 569.6 m 562.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 509.6 m 472.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 495.6 m 472.5 495.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 493.6 m 472.5 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 480.6 m 472.5 480.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 478.6 m 472.5 478.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.40 573.83 Td (Options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.40 581.68 Td (W) Tj ET Q q 0 0 0 rg BT 508.96 581.68 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.20 573.68 Td (A) Tj ET Q q 0 0 0 rg BT 500.38 573.68 Td (verage Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.27 Td (Options outstanding, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 559.27 Td (2,717) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 559.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 559.27 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 544.27 Td (Options granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 544.27 Td (468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 544.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 544.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.27 Td (Options exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 529.32 Td (\(517) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 529.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 529.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 529.27 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.27 Td (Options forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 514.32 Td (\(165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 514.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 514.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 514.27 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 499.27 Td (Options outstanding, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 499.27 Td (2,503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 499.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 499.27 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.27 Td (Exercisable, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 484.27 Td (1,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 484.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 484.27 Td (42) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 459.10 Td (The weighted-average fair value of options granted during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.71 459.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 459.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.30 459.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.30 459.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.74 459.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.74 459.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.29 459.10 Td ($13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.29 459.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td ($14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 447.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.44 447.10 Td ($12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.44 447.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 152.10 447.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 426.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.44 426.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.03 426.10 Td (, there was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.56 426.10 Td ($3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.46 426.10 Td ( of unrecognized compensation cost related to stock options that is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (expected to be recognized over a weighted-average period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.26 414.10 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.76 414.10 Td ( years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 393.10 Td (The following table summarizes the aggregate intrinsic value related to options outstanding, exercisable and exercised as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (of and for the years ended December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 272.42 381.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 358.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 358.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 358.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 358.60 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 328.60 283.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 328.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 328.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 328.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 328.60 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 328.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 328.60 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 358.6 m 409.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 358.6 m 485.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 358.6 m 562.5 358.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.00 362.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 362.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.50 362.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 348.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 348.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 348.27 Td (9,890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 348.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 348.27 Td (31,623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 348.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 348.27 Td (28,879) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 333.27 Td (Outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 333.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 333.27 Td (16,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 333.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 333.27 Td (61,947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 333.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 333.27 Td (100,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 318.27 Td (Exercisable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 318.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 318.27 Td (16,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 318.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 318.27 Td (54,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 318.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 318.27 Td (81,930) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 293.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 133.71 293.10 Td (s policy is to issue new shares of common stock upon the exercise of employee stock options.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 272.10 Td (Stock options outstanding at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.11 272.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.69 272.10 Td ( \(options in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 362.86 272.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 241.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 241.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 241.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 241.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 241.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 241.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 241.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 211.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 211.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 211.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 211.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 211.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 211.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 211.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 181.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 181.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 181.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 181.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 181.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 181.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 181.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 151.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 151.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 151.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 151.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 151.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 151.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 151.60 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 241.60000000000002 m 393.5 241.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 241.60000000000002 m 477.5 241.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 241.60000000000002 m 562.5 241.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 151.60000000000002 m 477.5 151.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 137.60000000000002 m 477.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 135.60000000000002 m 477.5 135.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 122.60000000000002 m 477.5 122.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 120.60000000000002 m 477.5 120.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 245.83 Td (Price Range) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.50 253.68 Td (W) Tj ET Q q 0 0 0 rg BT 329.06 253.68 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 361.79 253.68 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.40 245.68 Td (Contractual Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.40 245.83 Td (Options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.00 253.68 Td (W) Tj ET Q q 0 0 0 rg BT 497.56 253.68 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 530.29 253.68 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.25 245.68 Td (Exer) Tj ET Q q 0 0 0 rg BT 513.54 245.68 Td (cise Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 231.27 Td ($10.01 to $20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 231.27 Td (3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 231.27 Td (322) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 231.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 231.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.27 Td ($20.01 to $30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 216.27 Td (4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 216.27 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 216.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 216.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 201.27 Td ($30.01 to $40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 201.27 Td (2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 201.27 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 201.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 201.27 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 186.27 Td ($40.01 to $50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 186.27 Td (5.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 186.27 Td (418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 186.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 186.27 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 171.27 Td ($50.01 to $60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 171.27 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 171.27 Td (464) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 171.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 171.27 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 156.27 Td ($60.01 to $70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 156.27 Td (6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 156.27 Td (897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 156.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 156.27 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 141.27 Td (Options outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 141.27 Td (4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 141.27 Td (2,503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 141.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 141.27 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 126.27 Td (Options exercisable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.50 126.27 Td (3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 126.27 Td (1,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 126.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 126.27 Td (42) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (Stock ) Tj ET Q q 0 0 0 rg BT 75.84 96.10 Td (Appr) Tj ET Q q 0 0 0 rg BT 98.44 96.10 Td (eciation Rights \(SARs\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 75.10 Td (SARs vest under the same terms and conditions as options; however) Tj ET Q q 0 0 0 rg BT 346.89 75.10 Td (, they are settled in cash equal to their settlement date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.10 Td (fair value. ) Tj ET Q q 0 0 0 rg BT 92.48 63.10 Td (As a result, SARs are recorded in the Company) Tj ET Q q 0 0 0 rg BT 284.94 63.10 Td (s consolidated balance sheets as a liability until the date of exercise.) Tj ET Q endstream endobj 187 0 obj <> endobj 188 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The fair value of each SAR award is estimated using a lattice-based valuation model. In accordance with ) Tj ET Q q 0 0 0 rg BT 494.96 742.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 516.73 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 522.14 742.10 Td (opic 718, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Stock Compensation, the fair value of each SAR award is recalculated at the end of each reporting period and the liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (and expense adjusted based on the new fair value and the percent vested.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 697.10 Td (The assumptions used to determine the fair value of the SAR awards at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.87 697.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.45 697.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.89 697.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.89 697.10 Td ( were as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.93 697.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.60 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 674.60 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 674.60 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.60 335.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 644.60 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 644.60 85.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 674.6 m 473.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 674.6 m 562.5 674.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.00 678.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.50 678.68 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 664.27 Td (Expected average term \(in years\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.65 664.27 Td (5.3 - 7.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 664.27 Td (3.7 - 5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 649.27 Td (Expected volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 649.27 Td (28% - 30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 649.27 Td (25% - 31%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 634.27 Td (Expected dividend yield) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 634.27 Td (2.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 634.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 634.27 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 634.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 619.27 Td (Risk-free interest rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 619.27 Td (0.2% - 2.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 619.27 Td (0.0% - 2.3%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 594.10 Td (The following table summarizes the SAR transactions for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.53 594.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.11 594.10 Td ( \(in thousands except for per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (share amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 113.59 582.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 548.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 548.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 548.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 518.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 518.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 518.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.60 332.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 488.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 488.60 86.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 548.6 m 472.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 548.6 m 562.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 488.6 m 472.5 488.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 474.6 m 472.5 474.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 472.6 m 472.5 472.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 459.6 m 472.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 457.6 m 472.5 457.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.40 552.83 Td (SARs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.50 560.83 Td (W) Tj ET Q q 0 0 0 rg BT 495.06 560.83 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 527.79 560.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.10 552.83 Td (Price) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 538.27 Td (Outstanding, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 538.27 Td (176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 538.27 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 523.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 523.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 523.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 523.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 508.27 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 508.32 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 508.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 508.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 508.27 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 493.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 493.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 493.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 478.27 Td (Outstanding, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 478.27 Td (162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 478.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 478.27 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 463.27 Td (Exercisable, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 463.27 Td (137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 463.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 463.27 Td (28) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 438.10 Td (The weighted-average fair value of SARs granted during the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.61 438.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.19 438.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.19 438.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.19 438.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.63 438.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.63 438.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.18 438.10 Td ($13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.18 438.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td ($14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 426.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.44 426.10 Td ($12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.44 426.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 152.10 426.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 405.10 Td (Restricted Stock ) Tj ET Q q 0 0 0 rg BT 122.21 405.10 Td (A) Tj ET Q q 0 0 0 rg BT 128.69 405.10 Td (wards Settled in Stock:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 384.10 Td (Beginning in 2014, the Company granted certain eligible U.S. employees restricted stock units \(RSUs\) that settle in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.10 Td (Company stock. Prior to 2014, the Company granted restricted, nonvested, stock. ) Tj ET Q q 0 0 0 rg BT 377.54 372.10 Td (The fair value of RSUs settled in stock and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.10 Td (restricted stock is determined based on the market price of the Company) Tj ET Q q 0 0 0 rg BT 342.41 360.10 Td (s shares on the grant date. ) Tj ET Q q 0 0 0 rg BT 448.03 360.10 Td (The following table ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (summarizes the RSUs settled in stock and restricted stock transactions for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.79 348.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.37 348.10 Td ( \(in thousands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.10 Td (except for per share amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 171.62 336.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 297.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 297.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 297.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 297.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 297.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 267.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 267.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 267.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 267.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 267.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 237.60 342.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 237.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 237.60 81.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 237.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 237.60 81.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 297.6 m 477.5 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 297.6 m 562.5 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 237.60000000000002 m 477.5 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 223.60000000000002 m 477.5 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 221.60000000000002 m 477.5 221.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.95 309.83 Td (Restricted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 301.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 441.30 301.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.05 317.68 Td (GrantDate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.65 309.68 Td (Fair) Tj ET Q q 0 0 0 rg BT 518.17 309.68 Td ( ) Tj ET Q q 0 0 0 rg BT 520.02 309.68 Td (V) Tj ET Q q 0 0 0 rg BT 525.06 309.68 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.65 301.68 Td (Per) Tj ET Q q 0 0 0 rg BT 516.49 301.68 Td ( Shar) Tj ET Q q 0 0 0 rg BT 534.80 301.68 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 287.27 Td (Nonvested, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 287.27 Td (920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 287.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 287.27 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 272.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 272.27 Td (472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 272.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 272.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 257.27 Td (Vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 257.32 Td (\(454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 257.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 257.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 257.27 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 242.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.30 242.32 Td (\(88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 242.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 242.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 242.27 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 227.27 Td (Nonvested, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 227.27 Td (850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.00 227.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 227.27 Td (59) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 202.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.44 202.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.03 202.10 Td (, there was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.56 202.10 Td ($21.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.46 202.10 Td ( of unrecognized compensation cost related to RSUs settled in stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (and restricted stock that is expected to be recognized over a weighted-average period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.18 190.10 Td (1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.68 190.10 Td ( years.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (Restricted Stock ) Tj ET Q q 0 0 0 rg BT 122.21 169.10 Td (A) Tj ET Q q 0 0 0 rg BT 128.69 169.10 Td (wards Settled in Cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 148.10 Td (Restricted stock units, granted to certain eligible non-U.S. employees \(RSUIs\) vest under the same terms and conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (as RSUs settled in stock and restricted stock; however) Tj ET Q q 0 0 0 rg BT 266.22 136.10 Td (, they are settled in cash equal to their settlement date fair value. ) Tj ET Q q 0 0 0 rg BT 525.29 136.10 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (result, RSUIs are recorded in the Company) Tj ET Q q 0 0 0 rg BT 225.23 124.10 Td (s consolidated balance sheets as a liability until the date of vesting.) Tj ET Q endstream endobj 189 0 obj <> endobj 190 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The fair value of RSUIs is determined based on the market price of the Company) Tj ET Q q 0 0 0 rg BT 401.68 742.10 Td (s shares on the grant date. ) Tj ET Q q 0 0 0 rg BT 507.30 742.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (following table summarizes the RSUI transactions for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.81 730.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.39 730.10 Td ( \(in thousands except for per share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.00 718.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 671.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 671.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 671.60 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 671.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 671.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 641.60 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 641.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 611.60 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 611.60 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 611.60 86.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 671.6 m 472.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 671.6 m 562.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 611.6 m 472.5 611.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 597.6 m 472.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 595.6 m 472.5 595.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 683.83 Td (Restricted) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.35 675.83 Td (StockUnit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.50 699.68 Td (W) Tj ET Q q 0 0 0 rg BT 495.06 699.68 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 527.79 699.68 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.55 691.68 Td (Grant Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.15 683.68 Td (Fair) Tj ET Q q 0 0 0 rg BT 515.67 683.68 Td ( ) Tj ET Q q 0 0 0 rg BT 517.52 683.68 Td (V) Tj ET Q q 0 0 0 rg BT 522.56 683.68 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.15 675.68 Td (Per) Tj ET Q q 0 0 0 rg BT 513.99 675.68 Td ( Shar) Tj ET Q q 0 0 0 rg BT 532.30 675.68 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.27 Td (Nonvested, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 661.27 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 661.27 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 646.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 646.27 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 646.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 646.27 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 631.27 Td (Vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 631.32 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 631.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 631.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 631.27 Td (56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 616.27 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 616.32 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 616.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 616.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 616.27 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 601.27 Td (Nonvested, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 601.27 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.00 601.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 601.27 Td (49) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 576.10 Td (18.Earnings Per) Tj ET Q q 0 0 0 rg BT 128.71 576.10 Td ( Shar) Tj ET Q q 0 0 0 rg BT 151.59 576.10 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 555.10 Td (The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.10 Td (years ended December31 \(in thousands except per share amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 319.62 543.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 520.60 277.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 520.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 520.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 520.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 520.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.60 277.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 490.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 490.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 490.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 490.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 450.60 277.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 450.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 450.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 450.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 450.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 450.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 450.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 410.60 277.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 410.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 410.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 410.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 410.60 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 380.60 277.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 380.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 380.60 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 487.50 380.60 75.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 520.6 m 405.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 520.6 m 483.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 520.6 m 562.5 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 491.6 m 405.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 489.6 m 405.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 491.6 m 483.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 489.6 m 483.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 491.6 m 562.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 489.6 m 562.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 435.6 m 405.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 411.6 m 405.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 409.6 m 405.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 435.6 m 483.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 411.6 m 483.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 409.6 m 483.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 435.6 m 562.5 435.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 411.6 m 562.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 409.6 m 562.5 409.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.00 524.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.00 524.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.50 524.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 508.93339843750005 m 96.3154296875 508.93339843750005 l s q 0 0 0 rg BT 53.00 510.27 Td (Numerator) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.32 510.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.27 Td (Income used in computing basic and diluted earnings per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 495.27 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 495.27 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 495.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 495.27 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 478.93339843750005 m 105.763671875 478.93339843750005 l s q 0 0 0 rg BT 53.00 480.27 Td (Denominator) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.76 480.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.27 Td (Denominator for basic earnings per share-weighted-average) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.27 Td (common shares) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 455.27 Td (202,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 455.27 Td (216,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 455.27 Td (222,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 440.27 Td (Effect of dilutive securities employee stock compensation plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 440.27 Td (1,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 440.27 Td (1,401) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 440.27 Td (1,596) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 425.27 Td (Denominator for diluted earnings per share- adjusted weighted-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 415.27 Td (average shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 415.27 Td (203,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 415.27 Td (217,706) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 415.27 Td (224,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 400.27 Td (Earnings per common share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 385.27 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 385.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 385.27 Td (3.71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 385.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 385.27 Td (3.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 385.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 385.27 Td (3.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 370.27 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 370.27 Td (3.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 370.27 Td (3.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 370.27 Td (3.28) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 345.10 Td (Options to purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.49 345.10 Td (1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.38 345.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.38 345.10 Td (0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.27 345.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.71 345.10 Td (0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.60 345.10 Td ( weighted-average shares of common stock outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.61 333.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.61 333.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.61 333.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.61 333.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.05 333.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.05 333.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 215.71 333.10 Td (, were not included in the Company) Tj ET Q q 0 0 0 rg BT 361.51 333.10 Td (s computation of dilutive securities because the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (exercise price was greater than the market price and therefore the ef) Tj ET Q q 0 0 0 rg BT 321.05 321.10 Td (fect would have been anti-dilutive.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 300.10 Td (The Company has a share-based compensation plan under which employees may be granted share-based awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.10 Td (including shares of restricted stock and restricted stock units \(RSUs\). Non-forfeitable dividends are paid on unvested shares of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.10 Td (restricted stock and non-forfeitable dividend equivalents are paid on unvested RSUs. ) Tj ET Q q 0 0 0 rg BT 391.02 276.10 Td (As such, shares of restricted stock and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.10 Td (RSUs are considered participating securities under the two-class method of calculating earnings per share as described in ) Tj ET Q q 0 0 0 rg BT 536.23 264.10 Td (ASC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 252.10 Td (opic 260, Earnings per Share. ) Tj ET Q q 0 0 0 rg BT 184.91 252.10 Td (The two-class method of calculating earnings per share did not have a material impact on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.10 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 240.10 Td (s earnings per share calculation as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.33 240.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.91 240.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.91 240.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.91 240.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.35 240.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.35 240.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (19.Reportable Segments and Geographic Information) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (Reportable Segments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 177.10 Td (Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.10 Td (Company \(HDMC\) and Harley-Davidson Financial Services \(HDFS\). ) Tj ET Q q 0 0 0 rg BT 331.99 165.10 Td (The Company operates in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.52 165.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.52 165.10 Td ( segments: the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.10 Td (Motorcycles& Related Products \(Motorcycles\) segment and the Financial Services segment. ) Tj ET Q q 0 0 0 rg BT 424.17 153.10 Td (The Company) Tj ET Q q 0 0 0 rg BT 483.88 153.10 Td (s reportable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (segments are strategic business units that of) Tj ET Q q 0 0 0 rg BT 224.78 141.10 Td (fer dif) Tj ET Q q 0 0 0 rg BT 249.31 141.10 Td (ferent products and services and are managed separately based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.10 Td (fundamental dif) Tj ET Q q 0 0 0 rg BT 113.41 129.10 Td (ferences in their operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 108.10 Td (The Motorcycle reportable segment consists of HDMC which designs, manufactures and sells at wholesale on-road ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (Harley-Davidson motorcycles as well as a line of motorcycle parts, accessories, general merchandise and related services. ) Tj ET Q q 0 0 0 rg BT 539.90 96.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (Company's products are sold to retail customers through a network of independent dealers. ) Tj ET Q q 0 0 0 rg BT 415.42 84.10 Td (The Company conducts business on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td (a global basis, with sales in the following regions: ) Tj ET Q q 0 0 0 rg BT 252.20 72.10 Td (Americas, Europe/Middle East/Africa \(EMEA\) and ) Tj ET Q q 0 0 0 rg BT 460.46 72.10 Td (Asia-Pacific. ) Tj ET Q endstream endobj 191 0 obj <> endobj 192 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (The Financial Services reportable segment consists of HDFS which provides wholesale and retail financing and provides ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (insurance and insurance-related programs primarily to Harley-Davidson dealers and their retail customers. HDFS conducts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (business principally in the United States and Canada.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 697.10 Td (Information by segment is set forth below for the years ended December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.90 697.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 674.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 674.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 674.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 674.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 644.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 644.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 644.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 644.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 614.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 614.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 614.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 614.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 614.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 614.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 584.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 584.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 584.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 584.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 674.6 m 400.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 674.6 m 481.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 674.6 m 562.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 674.6 m 400.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 674.6 m 481.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 674.6 m 562.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 629.6 m 400.5 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 615.6 m 400.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 613.6 m 400.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 629.6 m 481.5 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 615.6 m 481.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 613.6 m 481.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 629.6 m 562.5 629.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 615.6 m 562.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 613.6 m 562.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 584.6 m 400.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 570.6 m 400.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 568.6 m 400.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 584.6 m 481.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 570.6 m 481.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 568.6 m 481.5 568.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 584.6 m 562.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 570.6 m 562.5 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 568.6 m 562.5 568.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.50 678.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 678.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.50 678.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 664.27 Td (Motorcycles net revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 664.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 664.27 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 664.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 664.27 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 664.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 664.27 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 649.27 Td (Gross profit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 649.27 Td (1,952,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 649.27 Td (2,025,080) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 649.27 Td (1,862,372) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 634.27 Td (Selling, administrative and engineering expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 634.27 Td (1,076,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 634.27 Td (1,021,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 634.27 Td (991,763) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 619.27 Td (Operating income from Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 619.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 619.27 Td (875,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 619.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 619.27 Td (1,003,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 619.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 619.27 Td (870,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 604.27 Td (Financial Services revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 604.27 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 604.27 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 604.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 604.27 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 589.27 Td (Financial Services expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 589.27 Td (406,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 589.27 Td (382,991) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 589.27 Td (358,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 574.27 Td (Operating income from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 574.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 574.27 Td (280,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 574.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 574.27 Td (277,836) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 574.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 574.27 Td (283,093) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 549.10 Td (Financial Services revenue includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.06 549.10 Td ($6.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.95 549.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.95 549.10 Td ($8.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.84 549.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.28 549.10 Td ($10.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.17 549.10 Td ( of interest that HDMC paid to HDFS on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.10 Td (wholesale finance receivables in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.16 537.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.16 537.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.16 537.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.16 537.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.60 537.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.60 537.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 319.26 537.10 Td (. ) Tj ET Q q 0 0 0 rg BT 324.08 537.10 Td (The of) Tj ET Q q 0 0 0 rg BT 350.27 537.10 Td (fsetting cost of these interest incentives was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.10 Td (recorded as a reduction to Motorcycles revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 504.10 Td (Information by segment is set forth below as of December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.71 504.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 473.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 473.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 473.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 473.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 473.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 443.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 443.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 443.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 443.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 413.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 413.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 413.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 413.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 413.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 383.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 383.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 383.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 383.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 383.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 383.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 353.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 353.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 353.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 353.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 353.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 353.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 323.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 323.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 323.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 323.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 323.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 323.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 323.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 473.6 m 400.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 473.6 m 481.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 473.6 m 562.5 473.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.65 477.83 Td (Motorcycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.45 485.68 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 477.68 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.05 477.83 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 461.93339843750005 m 73 461.93339843750005 l s q 0 0 0 rg BT 53.00 463.27 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 448.27 Td (Total assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 448.27 Td (2,528,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 448.27 Td (7,462,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 448.27 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 433.27 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 433.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 433.27 Td (188,926) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 433.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 433.27 Td (9,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 433.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 433.27 Td (198,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 418.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 418.27 Td (249,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 418.27 Td (10,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 418.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 418.27 Td (259,974) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 401.93339843750005 m 73 401.93339843750005 l s q 0 0 0 rg BT 53.00 403.27 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 388.27 Td (Total assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 388.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 388.27 Td (2,502,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 388.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 388.27 Td (7,025,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 388.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 388.27 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 373.27 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 373.27 Td (171,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 373.27 Td (8,113) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 373.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 373.27 Td (179,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 358.27 Td (224,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 358.27 Td (8,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 358.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 358.27 Td (232,319) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 341.93339843750005 m 73 341.93339843750005 l s q 0 0 0 rg BT 53.00 343.27 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.27 Td (Total assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 328.27 Td (2,793,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 328.27 Td (6,611,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 328.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 328.27 Td (9,405,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.27 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 313.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 313.27 Td (160,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 313.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 313.27 Td (6,891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 313.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 313.27 Td (167,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 298.27 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 298.27 Td (199,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 298.27 Td (8,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 298.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 298.27 Td (208,321) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 193 0 obj <> endobj 194 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 742.10 Td (Geographic Information:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 721.10 Td (Included in the consolidated financial statements are the following amounts relating to geographic locations for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (ended December31 \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 192.18 709.10 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 686.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 686.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 686.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 686.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 686.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 686.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 686.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 656.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 656.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 656.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 656.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 656.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 656.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 656.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 626.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 626.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 626.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 626.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 626.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 626.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 626.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 596.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 596.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 596.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 596.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 596.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 596.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 596.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 566.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 566.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 566.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 566.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 566.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 566.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 566.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 536.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 536.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 536.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 536.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 506.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 506.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 506.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 506.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 506.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 476.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 476.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 476.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 476.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 446.60 269.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 446.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 446.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 446.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 686.6 m 400.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 686.6 m 481.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 686.6 m 562.5 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 581.6 m 400.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 581.6 m 481.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 581.6 m 562.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 567.6 m 400.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 565.6 m 400.5 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 581.6 m 481.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 567.6 m 481.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 565.6 m 481.5 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 581.6 m 562.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 567.6 m 562.5 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 565.6 m 562.5 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 491.6 m 400.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 491.6 m 481.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 491.6 m 562.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 477.6 m 400.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 475.6 m 400.5 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 491.6 m 481.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 477.6 m 481.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 475.6 m 481.5 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 491.6 m 562.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 477.6 m 562.5 477.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 475.6 m 562.5 475.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 431.6 m 400.5 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 431.6 m 481.5 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 431.6 m 562.5 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 417.6 m 400.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 415.6 m 400.5 415.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 431.6 m 481.5 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 417.6 m 481.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 415.6 m 481.5 415.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 431.6 m 562.5 431.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 417.6 m 562.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 415.6 m 562.5 415.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.50 690.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 690.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.50 690.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 676.27 Td (Revenue from Motorcycles) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 162.41 680.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.62 676.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 661.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 661.27 Td (3,768,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 661.27 Td (3,773,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 661.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 661.27 Td (3,562,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 646.27 Td (EMEA region) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 646.27 Td (728,198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 646.27 Td (869,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 646.27 Td (769,864) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 631.27 Td (Japan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 631.27 Td (162,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 631.27 Td (197,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 631.27 Td (217,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 616.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 616.27 Td (178,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 616.27 Td (194,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 616.27 Td (204,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 601.27 Td (Australia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 601.27 Td (165,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 601.27 Td (190,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 601.27 Td (193,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 586.27 Td (Other foreign countries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 586.27 Td (305,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 586.27 Td (342,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 586.27 Td (310,483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 571.27 Td (Total revenue from Motorcycles) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 571.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 571.27 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 571.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 571.27 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 571.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 571.27 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 556.27 Td (Revenue from Financial Services) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 186.01 560.80 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.23 556.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 541.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 541.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 541.27 Td (656,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 541.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 541.27 Td (627,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 541.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 541.27 Td (609,574) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 526.27 Td (Europe) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 526.27 Td (5,373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 526.27 Td (5,684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 526.27 Td (4,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 511.27 Td (Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 511.27 Td (21,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 511.27 Td (23,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 511.27 Td (24,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 496.27 Td (Other foreign countries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.15 496.27 Td (3,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 496.27 Td (4,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 496.27 Td (3,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 481.27 Td (Total revenue from Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 481.27 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 481.27 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 481.27 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 466.27 Td (Long-lived assets) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 123.26 470.80 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.84 466.27 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 451.27 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 451.27 Td (915,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 451.27 Td (865,617) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 451.27 Td (874,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 436.27 Td (International) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 436.27 Td (26,909) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 436.27 Td (34,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 436.27 Td (36,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 421.27 Td (Total long-lived assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 421.27 Td (942,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.00 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 421.27 Td (899,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.00 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 421.27 Td (911,693) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 393.10 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 393.10 Td (Revenue is attributed to geographic regions based on location of customer) Tj ET Q q 0 0 0 rg BT 371.38 393.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 381.10 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 381.10 Td (Long-lived assets include all long-term assets except those specifically excluded under ) Tj ET Q q 0 0 0 rg BT 424.41 381.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 446.18 381.10 Td (T) Tj ET Q q 0 0 0 rg BT 451.59 381.10 Td (opic 280, Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 369.10 Td (Reporting, such as deferred income taxes and finance receivables.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (20.Related Party ) Tj ET Q q 0 0 0 rg BT 133.96 348.10 Td (T) Tj ET Q q 0 0 0 rg BT 139.89 348.10 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 327.10 Td (A) Tj ET Q q 0 0 0 rg BT 80.67 327.10 Td ( director of the Company is Chairman and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 329.31 327.10 Td (ficer and an equity owner of Fred Deeley Imports Ltd. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.10 Td (\(Deeley Imports\), the exclusive distributor of the Company) Tj ET Q q 0 0 0 rg BT 289.94 315.10 Td (s motorcycles in Canada until ) Tj ET Q q 0 0 0 rg BT 410.75 315.10 Td (August 2015. On ) Tj ET Q q 0 0 0 rg BT 481.31 315.10 Td (August4, 2015, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (Company completed its purchase of certain assets and liabilities from Deeley Imports including, among other things, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.10 Td (acquisition of the exclusive right to distribute the Company's motorcycles and other products in Canada. ) Tj ET Q q 0 0 0 rg BT 468.94 291.10 Td (As a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.10 Td (acquisition, the Company no longer does business with Deeley Imports. Refer to Note 3 for further details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 258.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.83 258.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.83 258.10 Td (, the Company recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.41 258.10 Td ($1) Tj ET Q q 0 0 0 rg BT 213.04 258.10 Td (1) Tj ET Q q 0 0 0 rg BT 217.67 258.10 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.56 258.10 Td ( Motorcycles and Related Products revenue and Financial Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.10 Td (revenue from Deeley Imports which represents sales to Deeley Imports through ) Tj ET Q q 0 0 0 rg BT 370.18 246.10 Td (August 4, 2015. ) Tj ET Q q 0 0 0 rg BT 436.39 246.10 Td (The Company had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.76 246.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.76 246.10 Td ( finance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.10 Td (receivables balances due from Deeley Imports at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.41 234.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 234.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 213.10 Td (The Company recorded Motorcycles and Related Products revenue and Financial Services revenue from Deeley Imports ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.61 201.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.61 201.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.05 201.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.05 201.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.38 201.10 Td ($194.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.27 201.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.71 201.10 Td ($204.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.60 201.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 341.26 201.10 Td (, and had finance receivables balances due from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.10 Td (Deeley Imports of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.25 189.10 Td ($7.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.15 189.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.58 189.10 Td ($1) Tj ET Q q 0 0 0 rg BT 203.21 189.10 Td (1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.10 189.10 Td ( at December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.91 189.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.91 189.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.34 189.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.34 189.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 430.00 189.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (21.Supplemental Consolidating Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 147.10 Td (The supplemental consolidating data for the periods noted is presented for informational purposes. ) Tj ET Q q 0 0 0 rg BT 470.38 147.10 Td (The supplemental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.10 Td (consolidating data may be dif) Tj ET Q q 0 0 0 rg BT 168.12 135.10 Td (ferent than segment information presented elsewhere due to the allocation of intercompany ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.10 Td (eliminations to reporting segments. ) Tj ET Q q 0 0 0 rg BT 193.04 123.10 Td (All supplemental data is presented in thousands.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.05 123.10 Td () Tj ET Q endstream endobj 195 0 obj <> endobj 196 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (97) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 700.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 700.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 700.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 700.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 670.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 670.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 670.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 670.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 640.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 640.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 640.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 640.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 602.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 602.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 602.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 602.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.50 205.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 572.50 73.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 572.50 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 572.50 70.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 572.50 73.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 535.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 535.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 535.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 535.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 535.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 505.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 505.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 505.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 505.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 475.50 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 475.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 475.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 475.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 475.50 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 736.5 m 332.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 736.5 m 336.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 736.5 m 411.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 736.5 m 415.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 736.5 m 485.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 736.5 m 489.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 736.5 m 562.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 700.5 m 332.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 700.5 m 411.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 700.5 m 485.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 655.5 m 332.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 655.5 m 411.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 655.5 m 485.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 655.5 m 411.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 655.5 m 485.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 550.5 m 332.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 535.5 m 332.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 550.5 m 411.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 535.5 m 411.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 550.5 m 485.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 535.5 m 485.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 535.5 m 562.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 535.5 m 411.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 535.5 m 485.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 535.5 m 562.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 490.5 m 332.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 490.5 m 411.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 490.5 m 485.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 490.5 m 562.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 460.5 m 332.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 485.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 446.5 m 332.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 444.5 m 332.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 446.5 m 411.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 444.5 m 411.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 485.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 446.5 m 485.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 444.5 m 485.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 446.5 m 562.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 444.5 m 562.5 444.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 740.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.20 740.58 Td (Year Ended December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.65 728.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 296.27 728.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.05 720.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.20 712.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 288.49 712.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.35 704.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.20 704.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.05 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.17 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.17 Td (Motorcycles and Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 675.17 Td (5,318,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 675.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 675.22 Td (\(10,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 675.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 675.17 Td (5,308,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 660.17 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 660.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 660.17 Td (688,211) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 660.22 Td (\(1,553) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 660.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 660.17 Td (686,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 645.17 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 645.17 Td (5,318,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 645.17 Td (688,211) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 645.22 Td (\(11,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 645.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 645.17 Td (5,995,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 630.17 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 616.07 Td (Motorcycles and Related Products cost of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 606.07 Td (goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 607.17 Td (3,356,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 607.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 607.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 607.17 Td (3,356,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 592.17 Td (Financial Services interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 592.17 Td (161,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 592.17 Td (161,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 577.17 Td (Financial Services provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 577.17 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 577.17 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 563.07 Td (Selling, administrative and engineering) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 553.12 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 555.17 Td (1,078,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 555.17 Td (153,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 555.22 Td (\(11,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 555.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 555.17 Td (1,220,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 540.17 Td (Total costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 540.17 Td (4,434,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 540.17 Td (416,557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 540.22 Td (\(11,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 540.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 540.17 Td (4,839,707) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.17 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 525.17 Td (884,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 525.17 Td (271,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 525.17 Td (1,155,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.17 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 510.17 Td (106,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 510.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 510.22 Td (\(100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 510.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.17 Td (6,585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 495.17 Td (12,117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 495.17 Td (12,117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.17 Td (Income before provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 480.17 Td (978,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 480.17 Td (271,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 480.22 Td (\(100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 480.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 480.17 Td (1,150,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.17 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 465.17 Td (300,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 465.17 Td (97,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 465.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 465.17 Td (397,956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 450.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 450.17 Td (678,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 450.17 Td (174,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 450.22 Td (\(100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 450.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 450.17 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 387.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 387.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 387.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 387.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 387.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 387.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 387.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 387.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 387.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 357.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 357.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 357.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 357.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 357.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 357.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 357.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 357.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 357.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 327.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 327.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 327.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 327.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 327.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 327.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 327.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 327.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 327.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 289.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 289.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 289.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 289.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 289.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 289.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 289.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 289.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 289.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 259.50 207.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 259.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 259.50 71.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 259.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 259.50 75.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 259.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 259.50 70.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 259.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 259.50 73.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 222.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 222.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 222.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 222.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 222.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 222.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 222.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 222.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 192.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 192.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 192.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 192.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 192.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 192.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 192.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 192.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 192.50 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 162.50 207.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 162.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 162.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 162.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 162.50 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 162.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 162.50 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 162.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 162.50 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 423.5 m 332.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 423.5 m 336.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 423.5 m 411.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 423.5 m 415.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 423.5 m 485.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 423.5 m 489.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 423.5 m 562.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 387.5 m 332.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 387.5 m 411.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 387.5 m 485.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 387.5 m 562.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 342.5 m 332.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 342.5 m 411.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 342.5 m 485.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 342.5 m 562.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 342.5 m 411.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 342.5 m 485.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 342.5 m 562.5 342.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 237.5 m 332.5 237.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 222.5 m 332.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 237.5 m 411.5 237.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 222.5 m 411.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 237.5 m 485.5 237.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 222.5 m 485.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 237.5 m 562.5 237.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 222.5 m 562.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 222.5 m 332.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 222.5 m 411.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 222.5 m 485.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 222.5 m 562.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 177.5 m 332.5 177.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 177.5 m 411.5 177.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 177.5 m 485.5 177.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 177.5 m 562.5 177.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 147.5 m 332.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 147.5 m 411.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 147.5 m 485.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 147.5 m 562.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 147.5 m 332.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 133.5 m 332.5 133.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 131.5 m 332.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 147.5 m 411.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 133.5 m 411.5 133.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 131.5 m 411.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 147.5 m 485.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 133.5 m 485.5 133.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 131.5 m 485.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 147.5 m 562.5 147.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 133.5 m 562.5 133.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 131.5 m 562.5 131.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 427.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.20 427.58 Td (Year Ended December 31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 391.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.65 415.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 297.27 415.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.05 407.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.20 399.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 289.49 399.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.35 391.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.45 407.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.50 399.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.35 391.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.20 391.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.05 391.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 377.17 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 362.17 Td (Motorcycles and Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.00 362.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 362.17 Td (5,577,697) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 362.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 362.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 362.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 362.22 Td (\(10,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 362.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 362.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 362.17 Td (5,567,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 347.17 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 347.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 347.17 Td (662,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 347.22 Td (\(1,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 347.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 347.17 Td (660,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 332.17 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 332.17 Td (5,577,697) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 332.17 Td (662,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 332.22 Td (\(11,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 332.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 332.17 Td (6,228,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 317.17 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 303.07 Td (Motorcycles and Related Products cost of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 293.07 Td (goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 294.17 Td (3,542,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 294.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 294.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 294.17 Td (3,542,601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 279.17 Td (Financial Services interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 279.17 Td (164,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 279.17 Td (164,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 264.17 Td (Financial Services provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 264.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 264.17 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 264.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 264.17 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 250.07 Td (Selling, administrative and engineering) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 240.12 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 242.17 Td (1,023,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 242.17 Td (147,586) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 242.22 Td (\(11,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 242.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 242.17 Td (1,159,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 227.17 Td (Total costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 227.17 Td (4,566,051) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 227.17 Td (393,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.80 227.22 Td (\(11,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 227.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 227.17 Td (4,947,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 212.17 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 212.17 Td (1,011,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 212.17 Td (269,337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 212.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 212.17 Td (1,280,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 197.17 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 197.17 Td (126,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 197.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 197.22 Td (\(120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 197.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 197.17 Td (6,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 182.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.15 182.17 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 182.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 182.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 182.17 Td (4,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 167.17 Td (Income before provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.65 167.17 Td (1,133,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 167.17 Td (269,337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 167.22 Td (\(120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 167.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 167.17 Td (1,283,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 152.17 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 152.17 Td (338,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 152.17 Td (100,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 152.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 152.17 Td (438,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 137.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.00 137.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 137.17 Td (795,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 137.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 137.17 Td (169,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 137.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.80 137.22 Td (\(120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 137.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.00 137.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 137.17 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 122.20 Td () Tj ET Q endstream endobj 197 0 obj <> endobj 198 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (98) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 700.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 700.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 700.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 700.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 670.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 670.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 670.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 670.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 640.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 640.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 640.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 640.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 602.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 602.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 602.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 602.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 602.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.50 209.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 572.50 72.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 572.50 78.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 572.50 65.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 572.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 572.50 72.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 535.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 535.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 535.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 535.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 535.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 535.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 505.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 505.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 505.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 505.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 505.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 475.50 209.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 259.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 475.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 475.50 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 475.50 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 475.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 475.50 72.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 736.5 m 335.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 736.5 m 339.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 736.5 m 417.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 736.5 m 421.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 736.5 m 486.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 736.5 m 490.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 736.5 m 562.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 700.5 m 335.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 700.5 m 417.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 700.5 m 486.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 655.5 m 335.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 655.5 m 417.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 655.5 m 486.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 655.5 m 335.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 655.5 m 417.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 655.5 m 486.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 655.5 m 562.5 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 550.5 m 335.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 535.5 m 335.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 550.5 m 417.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 535.5 m 417.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 550.5 m 486.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 535.5 m 486.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 535.5 m 562.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 535.5 m 335.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 535.5 m 417.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 535.5 m 486.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 535.5 m 562.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 490.5 m 335.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 490.5 m 417.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 490.5 m 486.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 490.5 m 562.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 490.5 m 335.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 490.5 m 417.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 490.5 m 486.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 490.5 m 562.5 490.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 460.5 m 335.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 460.5 m 417.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 460.5 m 335.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 446.5 m 335.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 444.5 m 335.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 460.5 m 417.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 446.5 m 417.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 444.5 m 417.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 446.5 m 486.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 444.5 m 486.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 446.5 m 562.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 444.5 m 562.5 444.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 740.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.20 740.58 Td (Year Ended December 31, 2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.15 728.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 299.77 728.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.55 720.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.70 712.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 291.99 712.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.85 704.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.95 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.00 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.85 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.70 704.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.55 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.17 Td (Revenue:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.17 Td (Motorcycles and Related Products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 675.17 Td (5,268,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 675.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 675.22 Td (\(10,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 675.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 675.17 Td (5,258,290) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 660.17 Td (Financial Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 660.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 660.17 Td (643,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 660.22 Td (\(1,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 660.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 660.17 Td (641,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 645.17 Td (Total revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 645.17 Td (5,268,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 645.17 Td (643,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 645.22 Td (\(11,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 645.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 645.17 Td (5,899,872) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 630.17 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 616.07 Td (Motorcycles and Related Products cost of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 606.07 Td (goods sold) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 607.17 Td (3,395,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 607.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 607.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 607.17 Td (3,395,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 592.17 Td (Financial Services interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 592.17 Td (165,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 592.17 Td (165,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 577.17 Td (Financial Services provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 577.17 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 577.17 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 563.07 Td (Selling, administrative and engineering) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 553.12 Td (expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 555.17 Td (993,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 555.17 Td (143,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 555.22 Td (\(11,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 555.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 555.17 Td (1,124,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 540.17 Td (Total costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 540.17 Td (4,389,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 540.17 Td (368,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 540.22 Td (\(11,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 540.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 540.17 Td (4,746,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 525.17 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 525.17 Td (879,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 525.17 Td (274,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 525.17 Td (1,153,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.17 Td (Investment income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 510.17 Td (190,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 510.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 510.22 Td (\(185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 510.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.17 Td (5,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.17 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.15 495.17 Td (45,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 495.17 Td (45,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.17 Td (Income before provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 480.17 Td (1,024,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 480.17 Td (274,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 480.22 Td (\(185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 480.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 480.17 Td (1,114,305) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.17 Td (Provision for income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 465.17 Td (279,841) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 465.17 Td (100,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 465.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 465.17 Td (380,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 450.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.15 450.17 Td (745,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 450.17 Td (173,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 450.22 Td (\(185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 450.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 450.17 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 199 0 obj <> endobj 200 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (99) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 700.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 670.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 640.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 610.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 610.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 580.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 550.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 520.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 520.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 490.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 460.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 460.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 430.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 430.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 400.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 400.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 370.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 370.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 340.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 340.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 310.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 310.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 280.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 280.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 250.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 250.50 72.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 736.5 m 336.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 736.5 m 340.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 736.5 m 411.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 736.5 m 415.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 736.5 m 486.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 736.5 m 490.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 736.5 m 562.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 700.5 m 336.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 700.5 m 411.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 700.5 m 486.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 550.5 m 336.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 550.5 m 411.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 550.5 m 486.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 550.5 m 411.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 550.5 m 486.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 460.5 m 336.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 446.5 m 336.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 444.5 m 336.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 446.5 m 411.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 444.5 m 411.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 446.5 m 486.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 444.5 m 486.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 446.5 m 562.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 444.5 m 562.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 355.5 m 336.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 355.5 m 411.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 355.5 m 486.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 355.5 m 411.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 355.5 m 486.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 250.5 m 336.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 250.5 m 411.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 250.5 m 486.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 250.5 m 562.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 236.5 m 336.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 234.5 m 336.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 250.5 m 411.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 236.5 m 411.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 234.5 m 411.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 250.5 m 486.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 236.5 m 486.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 234.5 m 486.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 250.5 m 562.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 236.5 m 562.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 234.5 m 562.5 234.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 740.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.25 740.58 Td (December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.65 728.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 301.27 728.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.05 720.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.20 712.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 293.49 712.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.35 704.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.70 704.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.55 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 688.8333984375 m 89.123046875 688.8333984375 l s q 0 0 0 rg BT 53.00 690.17 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 675.17 Td (Current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 660.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 660.17 Td (400,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 660.17 Td (321,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 660.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 660.17 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 645.17 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 645.17 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 645.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 645.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 645.17 Td (45,192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 630.17 Td (Accounts receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 630.17 Td (390,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 630.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 630.22 Td (\(143,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 630.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 630.17 Td (247,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 615.17 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 615.17 Td (2,053,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 615.17 Td (2,053,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 600.17 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 600.17 Td (585,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 600.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 600.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 600.17 Td (585,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 585.17 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 585.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 585.17 Td (88,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 585.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 585.17 Td (88,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 570.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 570.17 Td (56,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 570.17 Td (46,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 570.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 570.17 Td (102,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 555.17 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 555.17 Td (90,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 555.17 Td (49,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 555.22 Td (\(2,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 555.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 555.17 Td (137,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 540.17 Td (Total current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 540.17 Td (1,569,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 540.17 Td (2,559,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 540.22 Td (\(145,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 540.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 540.17 Td (3,983,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.17 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 525.17 Td (4,814,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 525.17 Td (4,814,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.17 Td (Property, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 510.17 Td (906,972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 510.17 Td (35,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 510.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 510.17 Td (942,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.17 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 495.17 Td (54,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 495.17 Td (54,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 480.17 Td (86,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 480.17 Td (15,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 480.22 Td (\(2,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 480.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 480.17 Td (99,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.17 Td (Other long-term assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 465.17 Td (140,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 465.17 Td (37,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 465.22 Td (\(80,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 465.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 465.17 Td (97,228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 450.17 Td (2,756,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 450.17 Td (7,462,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 450.22 Td (\(228,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 450.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 450.17 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 433.8333984375 m 257.3310546875 433.8333984375 l s q 0 0 0 rg BT 53.00 435.17 Td (LIABILITIES AND SHAREHOLDERS EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 420.17 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 405.17 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 405.17 Td (220,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 405.17 Td (158,958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 405.22 Td (\(143,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 405.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 405.17 Td (235,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 390.17 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 390.17 Td (387,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 390.17 Td (89,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 390.22 Td (\(4,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 390.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 390.17 Td (471,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 375.17 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 375.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 375.17 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 375.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 375.17 Td (1,201,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 360.17 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 360.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 360.17 Td (843,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 360.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 360.17 Td (843,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 345.17 Td (Total current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 345.17 Td (607,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 345.17 Td (2,293,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 345.22 Td (\(147,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 345.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 345.17 Td (2,752,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 330.17 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 330.17 Td (746,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 330.17 Td (4,098,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 330.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 330.17 Td (4,845,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 315.17 Td (Pension liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 315.17 Td (164,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 315.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 315.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 315.17 Td (164,888) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 300.17 Td (Postretirement healthcare liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 300.17 Td (193,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 300.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 300.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 300.17 Td (193,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 285.17 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 285.17 Td (166,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 285.17 Td (28,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 285.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 285.17 Td (195,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 270.17 Td (Commitments and contingencies \(Note 15\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 255.17 Td (Total shareholders equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 255.17 Td (877,639) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 255.17 Td (1,042,617) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 255.22 Td (\(80,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 255.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 255.17 Td (1,839,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 240.17 Td (2,756,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 240.17 Td (7,462,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 240.22 Td (\(228,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 240.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 240.17 Td (9,991,167) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 201 0 obj <> endobj 202 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (100) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 700.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 700.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 670.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 670.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 670.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 640.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 640.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 640.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 610.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 610.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 610.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 610.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 580.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 580.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 580.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 550.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 550.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 550.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 520.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 520.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 520.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 520.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 490.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 490.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 490.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 460.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 460.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 460.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 460.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 430.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 430.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 430.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 430.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 400.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 400.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 400.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 400.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 370.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 370.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 370.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 370.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 340.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 340.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 340.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 340.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 310.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 310.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 310.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 310.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 280.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 280.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 280.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 280.50 72.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 250.50 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 250.50 71.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 250.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 250.50 72.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 736.5 m 336.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 736.5 m 340.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 736.5 m 411.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 736.5 m 415.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 736.5 m 486.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 736.5 m 490.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 736.5 m 562.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 700.5 m 336.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 700.5 m 411.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 700.5 m 486.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 550.5 m 336.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 550.5 m 411.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 550.5 m 486.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 550.5 m 411.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 550.5 m 486.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 550.5 m 562.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 460.5 m 336.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 446.5 m 336.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 444.5 m 336.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 460.5 m 411.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 446.5 m 411.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 444.5 m 411.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 460.5 m 486.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 446.5 m 486.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 444.5 m 486.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 460.5 m 562.5 460.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 446.5 m 562.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 444.5 m 562.5 444.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 355.5 m 336.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 355.5 m 411.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 355.5 m 486.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 355.5 m 411.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 355.5 m 486.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 355.5 m 562.5 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 250.5 m 336.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 250.5 m 411.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 250.5 m 486.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 250.5 m 562.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 236.5 m 336.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 234.5 m 336.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 250.5 m 411.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 236.5 m 411.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 234.5 m 411.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 250.5 m 486.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 236.5 m 486.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 234.5 m 486.5 234.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 250.5 m 562.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 236.5 m 562.5 236.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 234.5 m 562.5 234.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 740.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.25 740.58 Td (December 31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.65 728.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 301.27 728.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.05 720.58 Td (&Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 285.20 712.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 293.49 712.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.35 704.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.70 704.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.55 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 688.8333984375 m 89.123046875 688.8333984375 l s q 0 0 0 rg BT 53.00 690.17 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 675.17 Td (Current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 660.17 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 660.17 Td (573,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 660.17 Td (332,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 660.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 660.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 660.17 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 645.17 Td (Marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 645.17 Td (57,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 645.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 645.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 645.17 Td (57,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 630.17 Td (Accounts receivable, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 630.17 Td (658,735) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 630.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 630.22 Td (\(411,114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 630.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 630.17 Td (247,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 615.17 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 615.17 Td (1,916,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 615.17 Td (1,916,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 600.17 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 600.17 Td (448,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 600.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 600.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 600.17 Td (448,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 585.17 Td (Restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 585.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 585.17 Td (98,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 585.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 585.17 Td (98,627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 570.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 570.17 Td (50,015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 570.17 Td (39,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 570.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 570.17 Td (89,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 555.17 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 555.17 Td (142,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 555.17 Td (43,125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 555.22 Td (\(2,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 555.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 555.17 Td (182,420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 540.17 Td (Total current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 540.17 Td (1,931,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 540.17 Td (2,431,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 540.22 Td (\(414,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 540.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 540.17 Td (3,948,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.17 Td (Finance receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 525.17 Td (4,516,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 525.17 Td (4,516,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.17 Td (Property, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 510.17 Td (848,661) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 510.17 Td (34,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 510.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 510.17 Td (883,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.17 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 495.17 Td (27,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 495.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 495.17 Td (27,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 480.17 Td (75,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.15 480.17 Td (4,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 480.22 Td (\(2,149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 480.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 480.17 Td (77,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.17 Td (Other long-term assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 465.17 Td (113,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 465.17 Td (39,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 465.22 Td (\(77,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 465.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 465.17 Td (75,092) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 450.17 Td (2,996,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 450.17 Td (7,025,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 450.22 Td (\(494,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 450.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 450.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 450.17 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 53 433.8333984375 m 257.3310546875 433.8333984375 l s q 0 0 0 rg BT 53.00 435.17 Td (LIABILITIES AND SHAREHOLDERS EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 420.17 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 405.17 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 405.17 Td (171,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 405.17 Td (436,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 405.22 Td (\(411,114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 405.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 405.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 405.17 Td (196,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 390.17 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 390.17 Td (370,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 390.17 Td (83,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 390.22 Td (\(5,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 390.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 390.17 Td (449,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 375.17 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 375.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 375.17 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 375.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 375.17 Td (731,786) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 360.17 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 360.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 360.17 Td (1,011,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 360.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 360.17 Td (1,011,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 345.17 Td (Total current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 345.17 Td (541,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 345.17 Td (2,263,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 345.22 Td (\(416,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 345.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 345.17 Td (2,389,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 330.17 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.65 330.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 330.17 Td (3,761,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 330.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 330.17 Td (3,761,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 315.17 Td (Pension liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.15 315.17 Td (76,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 315.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 315.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 315.17 Td (76,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 300.17 Td (Postretirement healthcare liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 300.17 Td (203,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.65 300.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 300.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 300.17 Td (203,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 285.17 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 285.17 Td (164,060) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 285.17 Td (24,745) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 285.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 285.17 Td (188,805) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 270.17 Td (Commitments and contingencies \(Note 15\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 255.17 Td (Total shareholders equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 255.17 Td (2,011,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 255.17 Td (975,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.80 255.22 Td (\(77,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 255.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 255.17 Td (2,909,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.65 240.17 Td (2,996,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 240.17 Td (7,025,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 240.22 Td (\(494,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 240.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 240.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 240.17 Td (9,528,097) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 203 0 obj <> endobj 204 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (101) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 276.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 603.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 573.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 543.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 393.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 333.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 303.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 273.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 243.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 243.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 735.5 m 385.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 735.5 m 389.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 735.5 m 444.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 735.5 m 448.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 735.5 m 503.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 735.5 m 507.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 735.5 m 562.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700.5 m 385.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700.5 m 444.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700.5 m 503.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700.5 m 385.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700.5 m 444.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700.5 m 503.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 363.5 m 385.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 363.5 m 444.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 363.5 m 503.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 363.5 m 562.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 363.5 m 444.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.5 m 444.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 363.5 m 503.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 348.5 m 503.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 363.5 m 562.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 348.5 m 562.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 348.5 m 385.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 333.5 m 385.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.5 m 444.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 333.5 m 444.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 348.5 m 503.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 333.5 m 503.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 348.5 m 562.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 333.5 m 562.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 228.5 m 385.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 228.5 m 444.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 228.5 m 503.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 228.5 m 562.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 228.5 m 385.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 213.5 m 385.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 228.5 m 444.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 213.5 m 444.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 228.5 m 503.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 213.5 m 503.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 228.5 m 562.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 213.5 m 562.5 213.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 739.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 739.73 Td (Year Ended December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 727.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 358.27 727.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 719.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 711.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 350.49 711.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 703.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 720.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 712.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 704.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.17 Td (Cash flows from operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 675.17 Td (678,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 675.17 Td (174,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 675.22 Td (\(100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 675.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 675.17 Td (752,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 661.07 Td (Adjustments to reconcile net income to cash provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 651.12 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 638.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 638.17 Td (188,926) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 638.17 Td (9,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 638.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 638.17 Td (198,074) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 623.17 Td (Amortization of deferred loan origination costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 623.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 623.17 Td (93,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 623.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 623.17 Td (93,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 608.17 Td (Amortization of financing origination fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 608.17 Td (267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 608.17 Td (9,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 608.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 608.17 Td (9,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 593.17 Td (Provision for long-term employee benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 593.17 Td (60,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 593.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 593.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 593.17 Td (60,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 578.17 Td (Contributions to pension and postretirement plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 578.22 Td (\(28,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 578.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 578.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 578.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 578.22 Td (\(28,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 578.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 563.17 Td (Stock compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 563.17 Td (26,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 563.17 Td (2,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 563.17 Td (29,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 548.17 Td (Net change in wholesale finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 548.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 548.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 548.22 Td (\(113,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 548.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 548.22 Td (\(113,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 548.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 533.17 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 533.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 533.17 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 533.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 533.17 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 518.17 Td (Loss on debt extinguishment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 518.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 518.17 Td (1,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 518.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 518.17 Td (1,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 503.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 503.22 Td (\(4,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 503.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 503.22 Td (\(11,692) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 503.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 503.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 503.22 Td (\(16,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 503.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 488.17 Td (Foreign currency adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 488.17 Td (20,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 488.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 488.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 488.17 Td (20,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 473.17 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.30 473.22 Td (\(442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 473.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 473.17 Td (1,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 473.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 473.17 Td (846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 458.17 Td (Change in current assets and current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 443.17 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 443.17 Td (4,055) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 443.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 443.22 Td (\(17,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 443.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 443.22 Td (\(13,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 443.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 428.17 Td (Finance receivablesaccrued interest and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 428.22 Td (\(3,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 428.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 428.22 Td (\(3,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 428.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 413.17 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 413.22 Td (\(155,222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 413.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 413.22 Td (\(155,222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 413.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 398.17 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 398.17 Td (81,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 398.17 Td (18,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 398.17 Td (38,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 398.17 Td (138,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 383.17 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 383.22 Td (\(5,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 383.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 383.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 383.22 Td (\(5,615) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 368.17 Td (Prepaid and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 368.17 Td (33,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 368.22 Td (\(3,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 368.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 368.17 Td (30,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.00 353.17 Td (Total adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 353.17 Td (221,940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 353.17 Td (219,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 353.22 Td (\(93,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 353.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 353.17 Td (347,911) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.17 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 338.17 Td (899,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 338.17 Td (393,503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 338.22 Td (\(193,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 338.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 338.17 Td (1,100,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.17 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 308.17 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 308.22 Td (\(249,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 308.22 Td (\(10,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 308.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 308.22 Td (\(259,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 293.17 Td (Origination of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 293.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 293.22 Td (\(7,836,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 293.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 293.17 Td (4,084,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 293.22 Td (\(3,751,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 293.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 278.17 Td (Collections of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 278.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 278.17 Td (7,127,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 278.22 Td (\(3,991,114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 278.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 278.17 Td (3,136,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 263.17 Td (Sales and redemptions of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 263.17 Td (11,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 263.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 263.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 263.17 Td (11,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 248.17 Td (Acquisition of business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 248.22 Td (\(59,910) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 248.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 248.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 248.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 248.22 Td (\(59,910) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 248.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 233.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 233.17 Td (7,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 233.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 233.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 233.17 Td (7,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 218.17 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 218.22 Td (\(290,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 218.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 218.22 Td (\(718,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 218.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 218.17 Td (93,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 218.22 Td (\(915,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 218.17 Td (\)) Tj ET Q endstream endobj 205 0 obj <> endobj 206 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (102) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 734.5 m 385.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 734.5 m 389.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 734.5 m 444.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 734.5 m 448.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 734.5 m 503.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 734.5 m 507.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 734.5 m 562.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 738.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 738.73 Td (Year Ended December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 703.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 726.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 358.27 726.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 718.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 710.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 350.49 710.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 702.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 719.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 711.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 703.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 719.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 711.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 703.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 703.73 Td (Consolidated) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 699.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 579.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 579.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 579.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 579.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 579.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 579.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 579.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 579.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 579.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 392.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 362.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 362.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 362.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 362.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 362.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 362.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 362.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 362.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 362.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 467.5 m 385.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 467.5 m 444.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 467.5 m 503.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 467.5 m 562.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 467.5 m 385.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 467.5 m 444.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 467.5 m 503.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 467.5 m 562.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 437.5 m 385.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 423.5 m 385.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 421.5 m 385.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 437.5 m 444.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 423.5 m 444.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 421.5 m 444.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 437.5 m 503.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 423.5 m 503.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 421.5 m 503.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 437.5 m 562.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 423.5 m 562.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 421.5 m 562.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 362.5 m 385.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 348.5 m 385.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 346.5 m 385.5 346.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 362.5 m 444.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.5 m 444.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 346.5 m 444.5 346.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 362.5 m 503.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 348.5 m 503.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 346.5 m 503.5 346.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 362.5 m 562.5 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 348.5 m 562.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 346.5 m 562.5 346.5 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 689.17 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 674.17 Td (Proceeds from issuance of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 674.17 Td (595,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 674.17 Td (595,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 659.17 Td (Repayments of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 659.22 Td (\(610,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 659.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 659.22 Td (\(610,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 659.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 644.17 Td (Proceeds from issuance of senior unsecured notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 644.17 Td (740,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 644.17 Td (740,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 629.17 Td (Intercompany borrowing activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 629.17 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 629.22 Td (\(250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 629.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 614.17 Td (Proceeds from securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 614.17 Td (1,195,668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 614.17 Td (1,195,668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 599.17 Td (Repayments of securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 599.22 Td (\(1,008,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 599.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 599.22 Td (\(1,008,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 599.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 584.17 Td (Borrowings of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 584.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 584.17 Td (87,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 584.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 584.17 Td (87,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 569.17 Td (Repayments of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 569.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 569.22 Td (\(72,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 569.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 569.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 569.22 Td (\(72,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 569.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 555.07 Td (Net increase in credit facilities and unsecured commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 545.12 Td (paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 547.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 547.17 Td (469,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 547.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 547.17 Td (469,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 532.17 Td (Net change in restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 532.17 Td (11,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 532.17 Td (11,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 517.17 Td (Dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 517.22 Td (\(249,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 517.22 Td (\(100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 517.17 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 517.22 Td (\(249,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 502.17 Td (Purchase of common stock for treasury) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.30 502.22 Td (\(1,537,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 502.22 Td (\(1,537,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 487.17 Td (Excess tax benefits from share-based payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 487.17 Td (3,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 487.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 487.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 487.17 Td (3,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 472.17 Td (Issuance of common stock under employee stock option plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 472.17 Td (20,179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 472.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 472.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 472.17 Td (20,179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.17 Td (Net cash \(used by\) provided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 457.22 Td (\(772,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 457.17 Td (318,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 457.17 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 457.22 Td (\(354,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 442.17 Td (Effect of exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 442.22 Td (\(10,451) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 442.22 Td (\(4,226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 442.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 442.22 Td (\(14,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 427.17 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 427.22 Td (\(173,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 427.22 Td (\(11,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 427.22 Td (\(184,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 397.17 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 382.17 Td (Cash and cash equivalentsbeginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 382.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 382.17 Td (573,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 382.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 382.17 Td (332,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 382.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 382.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 382.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 382.17 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 367.17 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 367.22 Td (\(173,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 367.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 367.22 Td (\(11,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 367.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 367.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 367.22 Td (\(184,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 367.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 352.17 Td (Cash and cash equivalentsend of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 352.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 352.17 Td (400,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 352.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 352.17 Td (321,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 352.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 352.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 352.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 352.17 Td (722,209) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 207 0 obj <> endobj 208 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (103) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 276.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 670.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 670.50 55.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 670.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 670.50 55.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.50 55.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.50 4.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.50 55.00 -21.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 634.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 634.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 634.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 634.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 634.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 634.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 634.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 634.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 634.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 604.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 604.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 604.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 604.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 604.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 604.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 604.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 604.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 604.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 574.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 574.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 574.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 574.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 574.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 574.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 574.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 574.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 574.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 544.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 544.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 544.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 544.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 544.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 544.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 544.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 544.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 544.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 514.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 514.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 514.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 514.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 514.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 514.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 514.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 514.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 514.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 484.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 484.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 484.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 484.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 484.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 484.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 484.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 484.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 484.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 454.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 454.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 454.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 454.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 454.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 454.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 454.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 454.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 454.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 424.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 424.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 424.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 424.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 424.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 424.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 424.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 424.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 424.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 394.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 394.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 394.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 394.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 394.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 394.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 394.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 394.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 394.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 364.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 364.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 364.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 364.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 364.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 364.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 364.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 364.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 364.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 334.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 334.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 334.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 334.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 334.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 334.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 334.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 334.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 334.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 304.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 304.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 304.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 304.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 304.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 304.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 304.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 304.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 304.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 274.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 274.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 274.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 274.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 274.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 274.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 274.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 274.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 274.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 244.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 244.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 244.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 244.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 244.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 244.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 244.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 244.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 244.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 736.5 m 385.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 736.5 m 389.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 736.5 m 444.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 736.5 m 448.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 736.5 m 503.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 736.5 m 507.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 736.5 m 562.5 736.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700.5 m 385.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700.5 m 444.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700.5 m 503.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700.5 m 385.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700.5 m 444.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700.5 m 503.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 364.5 m 385.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 364.5 m 444.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 364.5 m 503.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 364.5 m 562.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 349.5 m 385.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 364.5 m 444.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 349.5 m 444.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 364.5 m 503.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 349.5 m 503.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 364.5 m 562.5 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 349.5 m 562.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 334.5 m 385.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 349.5 m 444.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 334.5 m 444.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 349.5 m 503.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 334.5 m 503.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 349.5 m 562.5 349.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 334.5 m 562.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 244.5 m 385.5 244.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 229.5 m 385.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 244.5 m 444.5 244.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 229.5 m 444.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 244.5 m 503.5 244.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 229.5 m 503.5 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 244.5 m 562.5 244.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 229.5 m 562.5 229.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.00 740.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 740.58 Td (Year Ended December 31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 728.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 358.27 728.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 720.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 712.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 350.49 712.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 704.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 720.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 712.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 704.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.17 Td (Cash flows from operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 675.17 Td (795,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 675.17 Td (169,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 675.22 Td (\(120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 675.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 675.17 Td (844,611) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 661.07 Td (Adjustments to reconcile net income to cash provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 651.12 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 639.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 639.17 Td (171,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 639.17 Td (8,113) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 639.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 639.17 Td (179,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 624.17 Td (Amortization of deferred loan origination costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 624.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 624.17 Td (94,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 624.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 624.17 Td (94,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 609.17 Td (Amortization of financing origination fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 609.17 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 609.17 Td (8,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 609.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 609.17 Td (8,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 594.17 Td (Provision for long-term employee benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 594.17 Td (33,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 594.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 594.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 594.17 Td (33,709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 579.17 Td (Contributions to pension and postretirement plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 579.22 Td (\(29,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 579.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 579.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 579.22 Td (\(29,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 579.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 564.17 Td (Stock compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 564.17 Td (35,064) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 564.17 Td (2,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 564.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 564.17 Td (37,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 549.17 Td (Net change in wholesale finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 549.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 549.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 549.22 Td (\(75,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 549.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 549.22 Td (\(75,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 549.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 534.17 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 534.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 534.17 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 534.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 534.17 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 519.17 Td (Loss on debt extinguishment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 519.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 519.17 Td (3,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 519.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 519.17 Td (3,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 504.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.30 504.22 Td (\(191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 504.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 504.22 Td (\(7,430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 504.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 504.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 504.22 Td (\(7,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 504.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 489.17 Td (Foreign currency adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 489.17 Td (21,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 489.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 489.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 489.17 Td (21,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 474.17 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 474.17 Td (20,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 474.22 Td (\(21,764) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 474.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 474.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 474.22 Td (\(1,491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 474.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 459.17 Td (Change in current assets and current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 444.17 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 444.22 Td (\(31,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 444.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 444.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 444.17 Td (21,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 444.22 Td (\(9,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 444.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 429.17 Td (Finance receivables accrued interest and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 429.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 429.22 Td (\(2,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 429.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 429.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 429.22 Td (\(2,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 429.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 414.17 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 414.22 Td (\(50,886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 414.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 414.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 414.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 414.22 Td (\(50,886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 414.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 399.17 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 399.17 Td (18,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 399.17 Td (21,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 399.22 Td (\(18,575) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 399.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 399.17 Td (21,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 384.17 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 384.17 Td (703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 384.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 384.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 384.17 Td (703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 369.17 Td (Prepaid and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 369.22 Td (\(17,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 369.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 369.17 Td (13,798) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 369.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 369.22 Td (\(3,389) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 369.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.00 354.17 Td (Total adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 354.17 Td (171,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 354.17 Td (202,396) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 354.22 Td (\(71,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 354.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 354.17 Td (302,066) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.17 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 339.17 Td (967,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 339.17 Td (371,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 339.22 Td (\(191,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 339.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 339.17 Td (1,146,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 324.17 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 309.17 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 309.22 Td (\(224,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 309.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 309.22 Td (\(8,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 309.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 309.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 309.22 Td (\(232,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 309.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 294.17 Td (Origination of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 294.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 294.22 Td (\(7,693,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 294.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 294.17 Td (4,125,461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 294.22 Td (\(3,568,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 294.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 279.17 Td (Collections of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 279.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 279.17 Td (7,066,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 279.22 Td (\(4,053,607) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 279.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 279.17 Td (3,013,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 264.17 Td (Sales and redemptions of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 264.17 Td (41,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 264.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 264.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 264.17 Td (41,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 249.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 249.17 Td (1,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 249.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 249.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 249.17 Td (1,837) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 234.17 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 234.22 Td (\(181,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 234.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 234.22 Td (\(635,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 234.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 234.17 Td (71,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 234.22 Td (\(744,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 234.17 Td (\)) Tj ET Q endstream endobj 209 0 obj <> endobj 210 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (104) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 735.5 m 385.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 735.5 m 389.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 735.5 m 444.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 735.5 m 448.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 735.5 m 503.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 735.5 m 507.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 735.5 m 562.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.00 739.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 739.58 Td (Year Ended December 31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 703.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 727.58 Td (Motor) Tj ET Q q 0 0 0 rg BT 358.27 727.58 Td (cycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 719.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 711.58 Td (Pr) Tj ET Q q 0 0 0 rg BT 350.49 711.58 Td (oducts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 703.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 719.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 711.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 703.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 719.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 711.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 703.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 703.73 Td (Consolidated) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 699.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 609.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 609.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 579.50 276.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 579.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 579.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 579.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 579.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 579.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 579.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 579.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 579.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 392.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 392.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 392.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 392.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 467.5 m 385.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 467.5 m 444.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 467.5 m 503.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 467.5 m 562.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 467.5 m 444.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 467.5 m 503.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 467.5 m 562.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 437.5 m 385.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 423.5 m 385.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 421.5 m 385.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 437.5 m 444.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 423.5 m 444.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 421.5 m 444.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 437.5 m 503.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 423.5 m 503.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 421.5 m 503.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 437.5 m 562.5 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 423.5 m 562.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 421.5 m 562.5 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 377.5 m 385.5 377.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 363.5 m 385.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 361.5 m 385.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 377.5 m 444.5 377.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 363.5 m 444.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 361.5 m 444.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 377.5 m 503.5 377.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 363.5 m 503.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 361.5 m 503.5 361.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 377.5 m 562.5 377.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 363.5 m 562.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 361.5 m 562.5 361.5 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 689.17 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 674.17 Td (Proceeds from issuance medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 674.17 Td (991,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 674.17 Td (991,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 659.17 Td (Repayments of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 659.22 Td (\(526,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 659.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 659.22 Td (\(526,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 659.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 644.17 Td (Repayments of senior unsecured note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 644.22 Td (\(303,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 644.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 644.22 Td (\(303,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 644.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 629.17 Td (Intercompany borrowing activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 629.17 Td (200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 629.22 Td (\(200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 629.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 614.17 Td (Proceeds from securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 614.17 Td (847,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 614.17 Td (847,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 599.17 Td (Repayments of securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 599.22 Td (\(834,856) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 599.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 599.22 Td (\(834,856) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 599.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 584.17 Td (Borrowings of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 584.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 584.17 Td (84,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 584.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 584.17 Td (84,907) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 570.07 Td (Net increase in credit facilities and unsecured commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 560.12 Td (paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 562.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 562.17 Td (63,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 562.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 562.17 Td (63,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 547.17 Td (Repayments of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 547.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 547.22 Td (\(77,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 547.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 547.22 Td (\(77,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 532.17 Td (Net change in restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 532.17 Td (22,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 532.17 Td (22,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 517.17 Td (Dividends paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 517.22 Td (\(238,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 517.22 Td (\(120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 517.17 Td (120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 517.22 Td (\(238,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 517.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 502.17 Td (Purchase of common stock for treasury, net of issuances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 502.22 Td (\(615,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 502.22 Td (\(615,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 502.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 487.17 Td (Excess tax benefits from share based payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 487.17 Td (11,540) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 487.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 487.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 487.17 Td (11,540) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 472.17 Td (Issuance of common stock under employee stock option plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 472.17 Td (37,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 472.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 472.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 472.17 Td (37,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.17 Td (Net cash \(used by\) provided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 457.22 Td (\(907,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 457.17 Td (251,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 457.17 Td (120,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 457.22 Td (\(536,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 442.17 Td (Effect of exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 442.22 Td (\(23,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 442.22 Td (\(2,784) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 442.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 442.22 Td (\(25,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 442.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 427.17 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 427.22 Td (\(145,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 427.22 Td (\(14,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 427.22 Td (\(159,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 412.17 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 397.17 Td (Cash and cash equivalents beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 397.17 Td (718,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 397.17 Td (347,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 397.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 397.17 Td (1,066,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 382.17 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 382.22 Td (\(145,017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 382.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 382.22 Td (\(14,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 382.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 382.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 382.22 Td (\(159,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 382.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 367.17 Td (Cash and cash equivalents end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 367.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 367.17 Td (573,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 367.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 367.17 Td (332,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 367.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 367.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 367.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 367.17 Td (906,680) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 211 0 obj <> endobj 212 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (105) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 700.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 700.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 700.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.50 276.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 633.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 633.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 603.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 603.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 603.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 573.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 573.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 573.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 543.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 543.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 543.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 513.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 513.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 483.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 483.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 453.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 453.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 423.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 423.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 393.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 393.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 393.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 363.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 363.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 333.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 333.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 333.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 303.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 303.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 303.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 273.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 273.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 273.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 243.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 243.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 243.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 243.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 735.5 m 385.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 735.5 m 389.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 735.5 m 444.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 735.5 m 448.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 735.5 m 503.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 735.5 m 507.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 735.5 m 562.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 735.5 m 385.5 735.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 700.5 m 385.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700.5 m 444.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700.5 m 503.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700.5 m 562.5 700.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 363.5 m 385.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 363.5 m 444.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 363.5 m 503.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 363.5 m 562.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 363.5 m 444.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 363.5 m 503.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 363.5 m 562.5 363.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 348.5 m 385.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 333.5 m 385.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 348.5 m 444.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 333.5 m 444.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 348.5 m 503.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 333.5 m 503.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 348.5 m 562.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 333.5 m 562.5 333.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 228.5 m 385.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 228.5 m 444.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 228.5 m 503.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 228.5 m 562.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 213.5 m 385.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 228.5 m 444.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 213.5 m 444.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 228.5 m 503.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 213.5 m 503.5 213.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 228.5 m 562.5 228.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 213.5 m 562.5 213.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 739.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 739.73 Td (Year Ended December 31, 2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 704.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 727.58 Td (Motorcycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 719.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 711.58 Td (Products) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 703.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 720.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 712.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 704.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 720.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 712.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 704.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 704.73 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 690.17 Td (Cash flows from operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 675.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 675.17 Td (745,077) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 675.17 Td (173,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 675.22 Td (\(185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 675.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 675.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 675.17 Td (733,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 661.07 Td (Adjustments to reconcile net income to cash provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 651.12 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 638.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 638.17 Td (160,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 638.17 Td (6,891) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 638.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 638.17 Td (167,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 623.17 Td (Amortization of deferred loan origination costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 623.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 623.17 Td (86,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 623.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 623.17 Td (86,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 608.17 Td (Amortization of financing origination fees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 608.17 Td (473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 608.17 Td (8,903) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 608.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 608.17 Td (9,376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 593.17 Td (Provision for long-term employee benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 593.17 Td (66,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 593.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 593.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 593.17 Td (66,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 578.17 Td (Contributions to pension and postretirement plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 578.22 Td (\(204,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 578.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 578.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 578.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 578.22 Td (\(204,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 578.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 563.17 Td (Stock compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 563.17 Td (38,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 563.17 Td (2,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 563.17 Td (41,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 548.17 Td (Net change in wholesale finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 548.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 548.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 548.17 Td (28,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 548.17 Td (28,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 533.17 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 533.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 533.17 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 533.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 533.17 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 518.17 Td (Loss on debt extinguishment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 518.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 518.17 Td (4,947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 518.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 518.17 Td (4,947) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 503.17 Td (Deferred income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 503.17 Td (54,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 503.22 Td (\(1,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 503.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 503.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 503.17 Td (52,580) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 488.17 Td (Foreign currency adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 488.17 Td (16,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 488.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 488.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 488.17 Td (16,269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 473.17 Td (Other, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 473.17 Td (10,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 473.22 Td (\(819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 473.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 473.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 473.17 Td (10,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 458.17 Td (Change in current assets and current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 443.17 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 443.22 Td (\(24,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 443.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 443.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 443.22 Td (\(12,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 443.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 443.22 Td (\(36,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 443.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 428.17 Td (Finance receivables accrued interest and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 428.22 Td (\(346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 428.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 428.22 Td (\(346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 428.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 413.17 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 413.22 Td (\(46,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 413.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 413.22 Td (\(46,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 413.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 398.17 Td (Accounts payable and accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 398.22 Td (\(85,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 398.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 398.22 Td (\(5,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 398.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 398.17 Td (12,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 398.22 Td (\(78,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 398.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 383.17 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 383.22 Td (\(2,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 383.22 Td (\(28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 383.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 383.22 Td (\(2,189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 383.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 368.17 Td (Prepaid and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 368.17 Td (70,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 368.22 Td (\(2,219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 368.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 368.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 368.17 Td (68,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 353.17 Td (Total adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 353.17 Td (54,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 353.17 Td (159,311) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 353.17 Td (28,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 353.17 Td (243,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.17 Td (Net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 338.17 Td (800,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 338.17 Td (333,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 338.22 Td (\(156,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 338.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 338.17 Td (977,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 323.17 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 308.17 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 308.22 Td (\(199,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 308.22 Td (\(8,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 308.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 308.22 Td (\(208,321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 308.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 293.17 Td (Origination of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 293.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 293.22 Td (\(7,140,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 293.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 293.17 Td (3,896,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 293.22 Td (\(3,244,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 293.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 278.17 Td (Collections of finance receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 278.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 278.17 Td (6,757,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 278.22 Td (\(3,925,393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 278.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 278.17 Td (2,831,994) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 263.17 Td (Purchases of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 263.22 Td (\(4,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 263.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 263.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 263.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 263.22 Td (\(4,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 263.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 248.17 Td (Sales and redemptions of marketable securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 248.17 Td (40,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 248.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 248.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 248.17 Td (40,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 233.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 233.17 Td (16,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 233.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 233.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 233.17 Td (16,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 218.17 Td (Net cash used by investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 218.22 Td (\(147,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 218.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 218.22 Td (\(392,113) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 218.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 218.22 Td (\(28,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 218.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 218.22 Td (\(568,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 218.17 Td (\)) Tj ET Q endstream endobj 213 0 obj <> endobj 214 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (106) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 734.5 m 385.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 734.5 m 389.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 734.5 m 444.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 734.5 m 448.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 734.5 m 503.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 734.5 m 507.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 734.5 m 562.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 734.5 m 385.5 734.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 738.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.70 738.73 Td (Year Ended December 31, 2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 703.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.65 726.58 Td (Motorcycles) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 718.58 Td (& Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.20 710.58 Td (Products) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 702.58 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 719.73 Td (Financial) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 711.73 Td (Services) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 703.73 Td (Operations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 719.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.15 711.73 Td (&) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 703.73 Td (Adjustments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 703.73 Td (Consolidated) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 699.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 699.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 699.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 669.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 669.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 639.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 639.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.50 276.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 609.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 609.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 609.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 609.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 609.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 609.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 609.50 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 609.50 55.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 572.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 572.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 572.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 572.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 572.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 572.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 542.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 542.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 512.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 512.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 482.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 482.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 452.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 452.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 422.50 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 422.50 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 422.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 422.50 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 699.5 m 385.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 699.5 m 444.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 699.5 m 503.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 700 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 699.5 m 562.5 699.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 497.5 m 385.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 497.5 m 444.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 497.5 m 503.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 497.5 m 562.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 497.5 m 444.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 497.5 m 503.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 497.5 m 562.5 497.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 467.5 m 385.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 453.5 m 385.5 453.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 451.5 m 385.5 451.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 467.5 m 444.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 453.5 m 444.5 453.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 451.5 m 444.5 451.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 467.5 m 503.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 453.5 m 503.5 453.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 451.5 m 503.5 451.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 467.5 m 562.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 453.5 m 562.5 453.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 451.5 m 562.5 451.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 407.5 m 385.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 393.5 m 385.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 391.5 m 385.5 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 407.5 m 444.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 393.5 m 444.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 391.5 m 444.5 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 407.5 m 503.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 393.5 m 503.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 391.5 m 503.5 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 407.5 m 562.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 393.5 m 562.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 391.5 m 562.5 391.5 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 689.17 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 674.17 Td (Repayment of medium-term notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 674.22 Td (\(27,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 674.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 674.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 674.22 Td (\(27,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 674.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 659.17 Td (Intercompany borrowing activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 659.22 Td (\(50,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 659.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 659.17 Td (50,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 644.17 Td (Proceeds from securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 644.17 Td (647,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 644.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 644.17 Td (647,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 629.17 Td (Repayments of securitization debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 629.22 Td (\(840,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 629.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 629.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 629.22 Td (\(840,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 629.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 614.17 Td (Borrowings of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 614.17 Td (88,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 614.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 614.17 Td (88,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 600.07 Td (Net increase in credit facilities and unsecured commercial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 590.12 Td (paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 592.17 Td (371,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 592.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 592.17 Td (371,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 577.17 Td (Repayments of asset-backed commercial paper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 577.22 Td (\(78,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 577.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 577.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 577.22 Td (\(78,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 577.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 562.17 Td (Net change in restricted cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 562.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 562.17 Td (43,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 562.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 562.17 Td (43,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 547.17 Td (Dividends paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 547.22 Td (\(187,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 547.22 Td (\(185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 547.17 Td (185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 547.22 Td (\(187,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 547.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 532.17 Td (Purchase of common stock for treasury, net of issuances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 532.22 Td (\(479,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 532.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 532.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 532.22 Td (\(479,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 532.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 517.17 Td (Excess tax benefits from share based payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 517.17 Td (19,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 517.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 517.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 517.17 Td (19,895) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 502.17 Td (Issuance of common stock under employee stock option plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 502.17 Td (50,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 502.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 502.17 Td (50,567) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 487.17 Td (Net cash \(used by\) provided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 487.22 Td (\(646,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 487.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 487.17 Td (68,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 487.17 Td (185,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 487.22 Td (\(393,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 487.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 472.17 Td (Effect of exchange rate changes on cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 472.22 Td (\(14,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 472.22 Td (\(2,084) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 472.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 472.22 Td (\(16,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 472.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.17 Td (Net \(decrease\) increase in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 457.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 457.22 Td (\(8,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 457.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 457.17 Td (7,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 457.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 457.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 457.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 457.22 Td (\(1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 457.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 442.17 Td (Cash and cash equivalents:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 427.17 Td (Cash and cash equivalents beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 427.17 Td (727,716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 427.17 Td (340,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 427.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 427.17 Td (1,068,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 412.17 Td (Net \(decrease\) increase in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.80 412.22 Td (\(8,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 412.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 412.17 Td (7,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 412.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 412.22 Td (\(1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 412.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 397.17 Td (Cash and cash equivalents end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 397.17 Td (718,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 397.17 Td (347,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 397.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 397.17 Td (1,066,612) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 372.00 Td (22.Subsequent Events) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 351.00 Td (In January 2016, HDFS issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.00 351.00 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.89 351.00 Td ( of medium-term notes that mature in January 2019 and have an annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.00 Td (interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.25 339.00 Td (2.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.08 339.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.52 339.00 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.41 339.00 Td ( of medium-term notes that mature in January 2021 and have an annual interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.80 Td (2.85%) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 75.83 325.80 Td (.) Tj ET Q endstream endobj 215 0 obj <> endobj 216 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.15 742.10 Td (SUPPLEMENT) Tj ET Q q 0 0 0 rg BT 313.80 742.10 Td (AR) Tj ET Q q 0 0 0 rg BT 327.14 742.10 Td (Y) Tj ET Q q 0 0 0 rg BT 333.99 742.10 Td ( DA) Tj ET Q q 0 0 0 rg BT 349.83 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 355.14 742.10 Td (A) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 234.2 728.7669921875 m 377.744921875 728.7669921875 l s q 0 0 0 rg BT 234.20 730.10 Td (Quarterly financial data \(unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.30 718.10 Td (\(In millions, except per share data\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 707.30 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 659.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 659.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 659.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 629.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 629.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 629.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 599.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 599.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 599.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 569.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 569.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 539.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 539.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 539.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 509.80 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 214.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 509.80 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 509.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 509.80 40.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.5 684.8 m 254.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 684.8 m 258.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 684.8 m 298.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 684.8 m 342.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 684.8 m 346.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 684.8 m 386.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 684.8 m 430.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 684.8 m 434.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 684.8 m 474.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 684.8 m 518.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 684.8 m 522.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 684.8 m 562.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.5 684.8 m 254.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 214.5 659.8 m 254.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 684.8 m 298.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.5 659.8 m 298.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 659.8 m 342.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 684.8 m 386.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 659.8 m 386.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 659.8 m 430.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 684.8 m 474.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 659.8 m 474.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 659.8 m 518.5 659.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 684.8 m 562.5 684.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 659.8 m 562.5 659.8 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 688.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 237.20 688.88 Td (1) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 241.20 692.51 Td (st) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.95 688.88 Td ( Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.15 688.88 Td (2) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 328.15 692.51 Td (nd) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.93 688.88 Td ( Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.45 688.88 Td (3) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 416.45 692.51 Td (rd) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.65 688.88 Td ( Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.75 688.88 Td (4) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 504.75 692.51 Td (th) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.37 688.88 Td ( Quarter) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 664.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.50 672.03 Td (Mar) Tj ET Q q 0 0 0 rg BT 235.46 672.03 Td ( 29,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 226.00 664.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.50 672.03 Td (Mar) Tj ET Q q 0 0 0 rg BT 279.46 672.03 Td ( 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.00 664.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.75 672.03 Td (June 28,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.00 664.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.75 672.03 Td (June 29,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.00 664.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.75 672.03 Td (Sep 27,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.00 664.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.75 672.03 Td (Sep 28,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.00 664.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.55 672.03 Td (Dec 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.00 664.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.55 672.03 Td (Dec 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.00 664.03 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 649.47 Td (Motorcycles:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 634.47 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.60 634.47 Td (1,510.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.60 634.47 Td (1,571.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.60 634.47 Td (1,650.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.60 634.47 Td (1,834.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.60 634.47 Td (1,140.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.60 634.47 Td (1,130.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.60 634.47 Td (1,007.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 634.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.60 634.47 Td (1,031.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 619.47 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.10 619.47 Td (345.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.10 619.47 Td (347.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.10 619.47 Td (380.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 619.47 Td (473.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.10 619.47 Td (143.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.10 619.47 Td (146.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 619.47 Td (6.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 619.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 619.47 Td (35.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 604.47 Td (Financial Services:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 589.47 Td (Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.10 589.47 Td (162.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.10 589.47 Td (154.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.10 589.47 Td (173.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 589.47 Td (166.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.10 589.47 Td (177.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.10 589.47 Td (171.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.10 589.47 Td (173.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 589.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.10 589.47 Td (169.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 574.47 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 574.47 Td (64.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.15 574.47 Td (63.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 574.47 Td (81.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 574.47 Td (74.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 574.47 Td (72.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 574.47 Td (77.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 574.47 Td (60.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 574.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 574.47 Td (62.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.47 Td (Consolidated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 544.47 Td (Income before taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.10 544.47 Td (411.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.10 544.47 Td (408.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.10 544.47 Td (464.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 544.47 Td (549.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.10 544.47 Td (214.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.10 544.47 Td (225.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 544.47 Td (60.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 544.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 544.47 Td (99.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 529.47 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.10 529.47 Td (269.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.10 529.47 Td (265.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.10 529.47 Td (299.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 529.47 Td (354.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.10 529.47 Td (140.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.10 529.47 Td (150.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 529.47 Td (42.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 529.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 529.47 Td (74.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.47 Td (Earnings per common share:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 499.47 Td (Basic) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 499.47 Td (1.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.15 499.47 Td (1.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 499.47 Td (1.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 499.47 Td (1.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 499.47 Td (0.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 499.47 Td (0.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 499.47 Td (0.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 499.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 499.47 Td (0.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 484.47 Td (Diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.15 484.47 Td (1.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.15 484.47 Td (1.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.15 484.47 Td (1.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 484.47 Td (1.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 484.47 Td (0.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 484.47 Td (0.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 484.47 Td (0.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.00 484.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 484.47 Td (0.35) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 459.30 Td (Item 9. ) Tj ET Q q 0 0 0 rg BT 113.00 459.30 Td (Changes in and Disagreements with ) Tj ET Q q 0 0 0 rg BT 264.05 459.30 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 330.92 459.30 Td (Accounting and Financial Disclosure) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 433.50 Td (None.) Tj ET Q BT /F1 14.00 Tf ET q 0 0 0 rg BT 98.16 433.50 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 412.50 Td (Item 9A. ) Tj ET Q q 0 0 0 rg BT 113.00 412.50 Td (Controls and Procedures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 391.50 Td (Evaluation of Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 391.50 Td (e Contr) Tj ET Q q 0 0 0 rg BT 182.14 391.50 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 225.30 391.50 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 391.50 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 370.50 Td (In accordance with Rule 13a-15\(b\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 324.74 370.50 Td (Act of 1934 \(the Exchange ) Tj ET Q q 0 0 0 rg BT 434.42 370.50 Td (Act\), as of the end of the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.50 Td (covered by this ) Tj ET Q q 0 0 0 rg BT 113.04 358.50 Td (Annual Report on Form 10-K, the Company) Tj ET Q q 0 0 0 rg BT 293.30 358.50 Td (s management evaluated, with the participation of the Company) Tj ET Q q 0 0 0 rg BT 551.84 358.50 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.50 Td (President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 184.22 346.50 Td (ficer and the Senior ) Tj ET Q q 0 0 0 rg BT 265.12 346.50 Td (V) Tj ET Q q 0 0 0 rg BT 271.74 346.50 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 417.35 346.50 Td (ficer) Tj ET Q q 0 0 0 rg BT 435.27 346.50 Td (, the ef) Tj ET Q q 0 0 0 rg BT 462.57 346.50 Td (fectiveness of the design ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.50 Td (and operation of the Company) Tj ET Q q 0 0 0 rg BT 174.41 334.50 Td (s disclosure controls and procedures \(as defined in Rule 13a-15\(e\) under the Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.50 Td (Act\).Based upon their evaluation of these disclosure controls and procedures, the President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 513.57 322.50 Td (ficer and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.50 Td (the Senior ) Tj ET Q q 0 0 0 rg BT 93.14 310.50 Td (V) Tj ET Q q 0 0 0 rg BT 99.77 310.50 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 245.38 310.50 Td (ficer have concluded that the disclosure controls and procedures were ef) Tj ET Q q 0 0 0 rg BT 533.96 310.50 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.50 Td (as of the end of the period covered by this ) Tj ET Q q 0 0 0 rg BT 219.95 298.50 Td (Annual Report on Form 10-K to ensure that information required to be disclosed by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.50 Td (the Company in the reports it files or submits under the Exchange ) Tj ET Q q 0 0 0 rg BT 314.95 286.50 Td (Act is recorded, processed, summarized and reported, within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.50 Td (the time period specified in the Securities and Exchange Commission rules and forms, and to ensure that information required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.50 Td (to be disclosed by the Company in the reports it files or submits under the Exchange ) Tj ET Q q 0 0 0 rg BT 389.38 262.50 Td (Act is accumulated and communicated to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.50 Td (the Company) Tj ET Q q 0 0 0 rg BT 106.38 250.50 Td (s management, including its President and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 355.31 250.50 Td (ficer and its Senior ) Tj ET Q q 0 0 0 rg BT 433.44 250.50 Td (V) Tj ET Q q 0 0 0 rg BT 440.06 250.50 Td (ice President and Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.50 Td (Financial Of) Tj ET Q q 0 0 0 rg BT 100.08 238.50 Td (ficer) Tj ET Q q 0 0 0 rg BT 118.00 238.50 Td (, as appropriate, to allow timely decisions regarding disclosure.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 217.50 Td (Management) Tj ET Q q 0 0 0 rg BT 109.06 217.50 Td (s Report on Internal Contr) Tj ET Q q 0 0 0 rg BT 223.87 217.50 Td (ol over) Tj ET Q q 0 0 0 rg BT 252.85 217.50 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 196.50 Td (The report of management required under this Item9A) Tj ET Q q 0 0 0 rg BT 293.37 196.50 Td ( is contained in Item8 of Part II of this ) Tj ET Q q 0 0 0 rg BT 450.84 196.50 Td (Annual Report on Form ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.50 Td (10-K under the heading Management) Tj ET Q q 0 0 0 rg BT 206.61 184.50 Td (s Report on Internal Control over Financial Reporting.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 163.50 Td (Attestation Report of Independent Register) Tj ET Q q 0 0 0 rg BT 234.79 163.50 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 276.47 163.50 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 142.50 Td (The attestation report required under this Item9A) Tj ET Q q 0 0 0 rg BT 272.55 142.50 Td ( is contained in Item8 of Part II of this ) Tj ET Q q 0 0 0 rg BT 430.02 142.50 Td (Annual Report on Form 10-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.50 Td (under the heading Report of Independent Registered Public ) Tj ET Q q 0 0 0 rg BT 293.82 130.50 Td (Accounting Firm on Internal Control over Financial Reporting.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 109.50 Td (Changes in Internal Contr) Tj ET Q q 0 0 0 rg BT 162.89 109.50 Td (ols) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 88.50 Td (There were no changes in the Company) Tj ET Q q 0 0 0 rg BT 235.61 88.50 Td (s internal control over financial reporting that occurred during the quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.50 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 76.50 Td ( that have materially af) Tj ET Q q 0 0 0 rg BT 220.58 76.50 Td (fected, or are reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 407.53 76.50 Td (fect, the Company) Tj ET Q q 0 0 0 rg BT 483.90 76.50 Td (s internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.50 Td (over financial reporting.) Tj ET Q endstream endobj 217 0 obj <> endobj 218 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.27 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.36 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 311.85 742.25 Td ( III) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 731.45 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 710.45 Td (Item 10. ) Tj ET Q q 0 0 0 rg BT 113.00 710.45 Td (Directors, Executive Of) Tj ET Q q 0 0 0 rg BT 209.74 710.45 Td (ficers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 689.45 Td (The information to be included in the Company) Tj ET Q q 0 0 0 rg BT 267.57 689.45 Td (s definitive proxy statement for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.31 689.45 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.31 689.45 Td ( annual meeting of shareholders, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.45 Td (which will be filed on or about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.81 677.45 Td (March21, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.40 677.45 Td ( \(the Proxy Statement\), under the captions Questions and ) Tj ET Q q 0 0 0 rg BT 473.80 677.45 Td (Answers about the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.45 Td (Company ) Tj ET Q q 0 0 0 rg BT 98.71 665.45 Td (Who are our Executive Of) Tj ET Q q 0 0 0 rg BT 204.03 665.45 Td (ficers for SEC Purposes?, Corporate Governance Principles and Board Matters ) Tj ET Q q 0 0 0 rg BT 537.83 665.45 Td (Audit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.45 Td (Committee, Proposal I Election of Directors, Section 16\(a\) Beneficial Ownership Reporting Compliance, Audit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.45 Td (Committee Report, and Corporate Governance Principles and Board Matters Independence of Directors is incorporated by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.45 Td (reference herein.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 608.45 Td (The Company has adopted the Harley-Davidson, Inc. Financial Code of Ethics applicable to the Company) Tj ET Q q 0 0 0 rg BT 501.67 608.45 Td (s chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.45 Td (executive of) Tj ET Q q 0 0 0 rg BT 98.96 596.45 Td (ficer) Tj ET Q q 0 0 0 rg BT 116.88 596.45 Td (, the chief financial of) Tj ET Q q 0 0 0 rg BT 204.71 596.45 Td (ficer) Tj ET Q q 0 0 0 rg BT 222.62 596.45 Td (, the principal accounting of) Tj ET Q q 0 0 0 rg BT 334.90 596.45 Td (ficer and the controller and other persons performing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.45 Td (similar finance functions. ) Tj ET Q q 0 0 0 rg BT 154.23 584.45 Td (The Company has posted a copy of the Harley-Davidson, Inc. Financial Code of Ethics on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.45 Td (Company) Tj ET Q q 0 0 0 rg BT 91.67 572.45 Td (s website at www) Tj ET Q q 0 0 0 rg BT 161.84 572.45 Td (.harley-davidson.com. ) Tj ET Q q 0 0 0 rg BT 253.30 572.45 Td (The Company intends to satisfy the disclosure requirements under Item5.05 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.45 Td (of the Securities and Exchange Commission) Tj ET Q q 0 0 0 rg BT 229.69 560.45 Td (s Current Report on Form 8-K regarding amendments to, or waivers from, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.45 Td (Harley-Davidson, Inc. Financial Code of Ethics by posting such information on its website at www) Tj ET Q q 0 0 0 rg BT 446.50 548.45 Td (.harley-davidson.com. ) Tj ET Q q 0 0 0 rg BT 537.96 548.45 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.45 Td (Company is not including the information contained on or available through its website as a part of, or incorporating such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.45 Td (information by reference into, this ) Tj ET Q q 0 0 0 rg BT 188.85 524.45 Td (Annual Report on Form 10-K.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 503.45 Td (Item 1) Tj ET Q q 0 0 0 rg BT 75.83 503.45 Td (1. ) Tj ET Q q 0 0 0 rg BT 113.00 503.45 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 482.45 Td (The information to be included in the Proxy Statement under the captions Executive Compensation and Human ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.45 Td (Resources Committee Report on Executive Compensation is incorporated by reference herein.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 449.45 Td (Item 12. ) Tj ET Q q 0 0 0 rg BT 113.00 449.45 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 428.45 Td (Information to be included in the Proxy Statement under the caption Common Stock Ownership of Certain Beneficial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.45 Td (Owners and Management is incorporated by reference herein.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 395.45 Td (The following table provides information about the Company) Tj ET Q q 0 0 0 rg BT 323.12 395.45 Td (s equity compensation plans \(including individual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.45 Td (compensation arrangements\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.39 383.45 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.98 383.45 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 311.95 245.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 311.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 311.95 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 311.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 311.95 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 311.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 311.95 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 281.95 245.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 281.95 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 281.95 85.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 281.95 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 281.95 69.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 281.95 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 281.95 95.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 242.95 245.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 242.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 242.95 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 242.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 242.95 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 242.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 242.95 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.95 245.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 212.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 212.95 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 212.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 212.95 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 212.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 212.95 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 182.95 245.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 182.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 182.95 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 182.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 182.95 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 182.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 182.95 95.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 311.95000000000005 m 295.5 311.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 311.95000000000005 m 384.5 311.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 311.95000000000005 m 457.5 311.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 311.95000000000005 m 556.5 311.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 182.95000000000005 m 384.5 182.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 182.95000000000005 m 556.5 182.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 167.95000000000005 m 384.5 167.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 182.95000000000005 m 556.5 182.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 167.95000000000005 m 556.5 167.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 153.95000000000005 m 384.5 153.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 299.5 151.95000000000005 m 384.5 151.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 167.95000000000005 m 556.5 167.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 153.95000000000005 m 556.5 153.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 151.95000000000005 m 556.5 151.95000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 147.90 316.18 Td (Plan Category) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.00 340.18 Td (Number) Tj ET Q q 0 0 0 rg BT 334.30 340.18 Td (ofsecurities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.70 332.18 Td (tobeissueduponthe) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.65 324.18 Td (exer) Tj ET Q q 0 0 0 rg BT 338.16 324.18 Td (cise of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.80 316.18 Td (outstanding options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.90 356.18 Td (W) Tj ET Q q 0 0 0 rg BT 412.46 356.18 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.15 348.18 Td (average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.00 340.18 Td (exer) Tj ET Q q 0 0 0 rg BT 423.51 340.18 Td (cise) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.50 332.18 Td (price of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.25 324.18 Td (outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.05 316.18 Td (options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 364.18 Td (Number) Tj ET Q q 0 0 0 rg BT 501.30 364.18 Td (ofsecurities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.60 356.18 Td (r) Tj ET Q q 0 0 0 rg BT 472.01 356.18 Td (emainingavailablefor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.50 348.18 Td (futur) Tj ET Q q 0 0 0 rg BT 489.13 348.18 Td (e issuance under) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.25 340.18 Td (equity compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.60 332.18 Td (plans \(excluding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.35 324.18 Td (securities r) Tj ET Q q 0 0 0 rg BT 509.74 324.18 Td (eflected in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.05 316.18 Td (the first column\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 301.63 Td (Equity compensation plans approved by shareholders:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 286.62 Td (Management employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 286.62 Td (2,503,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 286.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 286.62 Td (46.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 286.62 Td (8,282,271) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 272.63 Td (Equity compensation plans not approved by) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 262.63 Td (shareholders:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 247.62 Td (Union employees:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 232.62 Td (Kansas City, MO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 232.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 232.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 232.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 232.62 Td (26,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 217.62 Td (York, PA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 217.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 217.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 217.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 217.62 Td (96,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 202.62 Td (Non employees:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 187.62 Td (Board of Directors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 187.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 187.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 187.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 187.62 Td (108,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 172.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 172.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 172.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 172.62 Td (232,285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 157.62 Td (Total all plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 157.62 Td (2,503,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 157.62 Td (8,514,556) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 132.45 Td (Plan documents for each of the Company) Tj ET Q q 0 0 0 rg BT 242.29 132.45 Td (s equity compensation plans have been filed with the Securities and Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.45 Td (Commission on a timely basis and are included in the list of exhibits to this annual report on Form 10-K. Equity compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.45 Td (plans not submitted to shareholders for approval were adopted prior to current regulations requiring such approval and have not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.45 Td (been materially altered since adoption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 75.45 Td (The material features of the union employees) Tj ET Q q 0 0 0 rg BT 257.63 75.45 Td ( stock option awards are the same as those of the management employees) Tj ET Q q 0 0 0 rg BT 554.01 75.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.45 Td (stock option awards. Under the Company) Tj ET Q q 0 0 0 rg BT 218.86 63.45 Td (s management and union plans, stock options have an exercise price equal to the fair ) Tj ET Q endstream endobj 219 0 obj <> endobj 220 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (market value of the underlying stock at the date of grant and expire ten years from the date of grant. Stock options vest ratably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (over a three-year period with the first one-third of the grant becoming exercisable one year after the date of grant. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 709.10 Td (The Director Compensation Policy provides non-employee Directors with compensation that includes an annual retainer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (as well as a grant of share units. ) Tj ET Q q 0 0 0 rg BT 180.06 697.10 Td (The payment of share units is deferred until a director ceases to serve as a director and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (share units are payable at that time in actual shares of common stock. ) Tj ET Q q 0 0 0 rg BT 329.73 685.10 Td (The Director Compensation Policy also provides that a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (non-employee Director may elect to receive 50% or 100% of the annual retainer to be paid in each calendar year in the form of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (common stock based upon the fair market value of the common stock at the time of the annual meeting of shareholders. Each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (Director must receive a minimum of one-half of his or her annual retainer in common stock until the Director reaches the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (Director stock ownership guidelines defined below) Tj ET Q q 0 0 0 rg BT 253.46 637.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 616.10 Td (In ) Tj ET Q q 0 0 0 rg BT 84.28 616.10 Td (August 2002, the Board approved Director and Senior Executive Stock Ownership Guidelines \(Ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Guidelines\) which were revised in September 2012. ) Tj ET Q q 0 0 0 rg BT 259.76 604.10 Td (The Ownership Guidelines stipulate that all Directors hold 15,000 shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (of Common Stock and senior executives hold from 15,000 to 200,000 shares of the common stock, or certain rights to acquire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (common stock, depending on their level. ) Tj ET Q q 0 0 0 rg BT 215.34 580.10 Td (The Directors and senior executives have five years from the date they are elected a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (Director or promoted to a senior executive to accumulate the appropriate number of shares of common stock. Restricted stock, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (restricted stock units, shares held in 401\(k\) accounts, vested unexercised stock options and stock appreciation rights, and shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (of common stock held directly count toward satisfying the guidelines for common stock ownership.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (Item 13. ) Tj ET Q q 0 0 0 rg BT 113.00 523.10 Td (Certain Relationships and Related T) Tj ET Q q 0 0 0 rg BT 262.65 523.10 Td (ransactions, and Director Independence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 502.10 Td (The information to be included in the Proxy Statement under the caption Certain ) Tj ET Q q 0 0 0 rg BT 402.90 502.10 Td (T) Tj ET Q q 0 0 0 rg BT 408.65 502.10 Td (ransactions and Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Governance Principles and Board Matters Independence of Directors is incorporated by reference herein.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 469.10 Td (Item 14. ) Tj ET Q q 0 0 0 rg BT 113.00 469.10 Td (Principal ) Tj ET Q q 0 0 0 rg BT 153.46 469.10 Td (Accounting Fees and Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 448.10 Td (The information to be included in the Proxy Statement under the caption Ratification of Selection of Independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (Registered Public ) Tj ET Q q 0 0 0 rg BT 122.77 436.10 Td (Accounting Firm Fees Paid to Ernst& ) Tj ET Q q 0 0 0 rg BT 286.27 436.10 Td (Y) Tj ET Q q 0 0 0 rg BT 292.50 436.10 Td (oung LLP is incorporated by reference herein.) Tj ET Q endstream endobj 221 0 obj <> endobj 222 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 730.10 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 730.10 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 730.10 Td ( IV) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Item 15. ) Tj ET Q q 0 0 0 rg BT 113.00 694.10 Td (Exhibits and Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 677.10 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 63.42 677.10 Td (The following documents are filed as part of this Form 10-K:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 308.36 677.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.30 646.27 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.65 646.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 646.27 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 626.27 Td (Consolidated statements of income for each of the three years in the period ended December 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 616.27 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 591.27 Td (Consolidated statements of comprehensive income for each of the three years in the period ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 581.27 Td (December 31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 556.27 Td (Consolidated balance sheets at December 31, 2015 and December 31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 530.27 Td (Consolidated statements of cash flows for each of the three years in the period ended December) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 520.27 Td (31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 495.27 Td (Consolidated statements of shareholders equity for each of the three years in the period ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 485.27 Td (December 31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 460.27 Td (Notes to consolidated financial statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.30 435.27 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.65 435.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 435.27 Td (Financial Statement Schedule) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 410.27 Td (Schedule II Valuation and qualifying accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.30 385.27 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.65 385.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.00 385.27 Td (Exhibits) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 360.10 Td (Reference is made to the separate Index to Exhibits contained on pages 1) Tj ET Q q 0 0 0 rg BT 365.75 360.10 Td (14 through 1) Tj ET Q q 0 0 0 rg BT 416.49 360.10 Td (18 filed herewith.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 339.10 Td (All other schedules are omitted since the required information is not present or is not present in amounts suf) Tj ET Q q 0 0 0 rg BT 505.94 339.10 Td (ficient to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (require submission of the schedules.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 616.27 Td (52) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 581.27 Td (53) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 556.27 Td (54) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 520.27 Td (56) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 485.27 Td (57) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.00 460.27 Td (58) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.70 410.27 Td (1) Tj ET Q q 0 0 0 rg BT 549.33 410.27 Td (1) Tj ET Q q 0 0 0 rg BT 553.96 410.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.35 385.27 Td (1) Tj ET Q q 0 0 0 rg BT 548.98 385.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 223 0 obj <> endobj 224 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.48 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 308.11 31.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.35 730.10 Td (Schedule II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.45 709.10 Td (HARLEY) Tj ET Q q 0 0 0 rg BT 286.32 709.10 Td (-DA) Tj ET Q q 0 0 0 rg BT 302.80 709.10 Td (VIDSON, INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.50 697.10 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 220.32 697.10 Td (TED ) Tj ET Q q 0 0 0 rg BT 243.21 697.10 Td (V) Tj ET Q q 0 0 0 rg BT 249.14 697.10 Td (ALUA) Tj ET Q q 0 0 0 rg BT 276.73 697.10 Td (TION ) Tj ET Q q 0 0 0 rg BT 304.24 697.10 Td (AND QUALIFYING ) Tj ET Q q 0 0 0 rg BT 395.36 697.10 Td (ACCOUNTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.40 685.10 Td (Y) Tj ET Q q 0 0 0 rg BT 211.51 685.10 Td (ears ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.84 685.10 Td (December) Tj ET Q q 0 0 0 rg BT 302.97 685.10 Td (31, 2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.47 685.10 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.47 685.10 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.47 685.10 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.59 685.10 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.59 685.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.00 673.10 Td (\(In thousands\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 662.30 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 639.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 639.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 639.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 639.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 639.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 639.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 609.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 609.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 609.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 609.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 609.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 609.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 579.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 579.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 579.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 579.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 579.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 579.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 579.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 549.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 549.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 549.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 549.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 549.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 549.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 549.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 519.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 519.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 519.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 519.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 519.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 519.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 519.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 489.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 489.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 489.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 489.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 489.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 489.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 489.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 459.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 459.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 459.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 459.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 459.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 459.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 459.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 429.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 429.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 429.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 429.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 429.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 429.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 429.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 399.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 399.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 399.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 399.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 399.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 399.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 399.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 369.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 369.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 369.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 369.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 369.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 369.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 369.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 339.80 279.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 339.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 339.80 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 339.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 339.80 74.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 339.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 339.80 74.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 639.8 m 406.5 639.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 639.8 m 484.5 639.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 639.8 m 562.5 639.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 564.8 m 406.5 564.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 564.8 m 484.5 564.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 564.8 m 562.5 564.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 564.8 m 406.5 564.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 550.8 m 406.5 550.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 548.8 m 406.5 548.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 564.8 m 484.5 564.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 550.8 m 484.5 550.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 548.8 m 484.5 548.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 550.8 m 562.5 550.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 548.8 m 562.5 548.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 489.8 m 406.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 489.8 m 484.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 489.8 m 562.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 489.8 m 406.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 475.8 m 406.5 475.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 473.8 m 406.5 473.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 489.8 m 484.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 475.8 m 484.5 475.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 473.8 m 484.5 473.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 489.8 m 562.5 489.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 475.8 m 562.5 475.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 473.8 m 562.5 473.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 399.8 m 406.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 399.8 m 484.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 399.8 m 562.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 399.8 m 406.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 385.8 m 406.5 385.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 383.8 m 406.5 383.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 399.8 m 484.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 385.8 m 484.5 385.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 383.8 m 484.5 383.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 399.8 m 562.5 399.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 385.8 m 562.5 385.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 383.8 m 562.5 383.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 339.8 m 406.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 339.8 m 484.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 339.8 m 562.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 339.8 m 406.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 325.8 m 406.5 325.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 323.8 m 406.5 323.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 339.8 m 484.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 325.8 m 484.5 325.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 323.8 m 484.5 323.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 339.8 m 562.5 339.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 325.8 m 562.5 325.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 323.8 m 562.5 323.8 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 643.88 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 643.88 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 643.88 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 629.47 Td (Accounts receivable allowance for doubtful accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 614.47 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 614.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 614.47 Td (3,458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 614.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 614.47 Td (4,960) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 614.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 614.47 Td (4,954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 599.47 Td (Provision charged to expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 599.47 Td (266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 599.52 Td (\(471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 599.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 599.47 Td (245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 584.47 Td (Reserve adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.30 584.52 Td (\(276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 584.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 584.52 Td (\(394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 584.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 584.52 Td (\(136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 584.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 569.47 Td (Write-offs, net of recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.30 569.52 Td (\(543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 569.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 569.52 Td (\(637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 569.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 569.52 Td (\(103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 569.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 554.47 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 554.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.15 554.47 Td (2,905) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 554.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 554.47 Td (3,458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 554.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 554.47 Td (4,960) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 539.47 Td (Finance receivables allowance for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 524.47 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 524.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 524.47 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 524.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 524.47 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 524.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 524.47 Td (107,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 509.47 Td (Provision for credit losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 509.47 Td (101,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 509.47 Td (80,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 509.47 Td (60,008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 494.47 Td (Charge-offs, net of recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 494.52 Td (\(81,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 494.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 494.52 Td (\(64,275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 494.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 494.52 Td (\(56,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 494.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 479.47 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 479.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.15 479.47 Td (147,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 479.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 479.47 Td (127,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 479.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 479.47 Td (110,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.47 Td (Inventories allowance for obsolescence) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 217.93 469.00 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 449.47 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 449.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 449.47 Td (17,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 449.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 449.47 Td (17,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 449.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 449.47 Td (22,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 434.47 Td (Provision charged to expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 434.47 Td (19,564) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 434.47 Td (19,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 434.47 Td (5,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 419.47 Td (Reserve adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 419.52 Td (\(1,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 419.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 419.52 Td (\(399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 419.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 419.52 Td (\(1,281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 419.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 404.47 Td (Write-offs, net of recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 404.52 Td (\(9,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 404.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 404.52 Td (\(18,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 404.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 404.52 Td (\(9,446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 404.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 389.47 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 389.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 389.47 Td (26,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 389.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 389.47 Td (17,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 389.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 389.47 Td (17,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 374.47 Td (Deferred tax assets valuation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 359.47 Td (Balance, beginning of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 359.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 359.47 Td (25,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 359.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 359.47 Td (21,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 359.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 359.47 Td (16,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 344.47 Td (Adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 344.52 Td (\(4,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 344.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 344.47 Td (3,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 344.47 Td (5,504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 329.47 Td (Balance, end of period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 329.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.15 329.47 Td (20,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.00 329.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 329.47 Td (25,462) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 329.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 329.47 Td (21,818) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.30 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.35 301.30 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 301.30 Td (Inventory obsolescence reserves deducted from cost determined on first-in first-out \(FIFO\) basis, before deductions for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.35 289.30 Td (last-in, first-out \(LIFO\) valuation reserves.) Tj ET Q endstream endobj 225 0 obj <> endobj 226 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 731.50 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.78 731.50 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 710.50 Td (Pursuant to the requirements of Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 390.87 710.50 Td (Act of 1934, the registrant has duly caused ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.50 Td (this report to be signed on its behalf by the undersigned, thereunto duly authorized, on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.42 698.50 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.02 698.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 687.70 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 111.5 619.2 m 315.5 619.2 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.77 Td (HARLEY-DAVIDSON, INC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 623.77 Td (By:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 91.00 623.45 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 623.77 Td (/S/ Matthew S. Levatich) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 91.00 609.45 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 609.77 Td (Matthew S. Levatich) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 91.00 595.45 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 595.77 Td (President and Chief Executive Officer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 227 0 obj <> endobj 228 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 742.10 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 300.05 742.10 Td (Act of 1934, this report has been signed below by the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (persons on behalf of the registrant and in the capacities indicated on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.35 730.10 Td (February18, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.95 730.10 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 719.30 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 688.8 m 180.5 688.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213.5 688.8 m 562.5 688.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 666.8 m 180.5 666.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 630.8 m 180.5 630.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 591.8 m 180.5 591.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 552.8 m 180.5 552.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 513.8 m 180.5 513.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 473.79999999999995 m 180.5 473.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 433.79999999999995 m 180.5 433.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 394.79999999999995 m 180.5 394.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 355.79999999999995 m 180.5 355.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 316.79999999999995 m 180.5 316.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 277.79999999999995 m 180.5 277.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 238.79999999999995 m 180.5 238.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 199.79999999999995 m 180.5 199.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 692.88 Td (Name) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.55 692.88 Td (Title) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 668.42 Td (/S/ Matthew S. Levatich) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 668.42 Td (President and Chief Executive Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 657.42 Td (Matthew S. Levatich) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 657.42 Td (\(Principal executive officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.37 Td (/S/ John A. Olin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 635.37 Td (Senior Vice President and Chief Financial Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 621.37 Td (John A. Olin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 621.37 Td (\(Principal financial officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 596.37 Td (/S/ Mark R. Kornetzke) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 596.37 Td (Chief Accounting Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 582.37 Td (Mark R. Kornetzke) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 582.37 Td (\(Principal accounting officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 557.37 Td (/S/ R. John Anderson) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 557.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 543.37 Td (R. John Anderson) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 518.37 Td (/S/ Richard I. Beattie) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 518.37 Td (Non-Executive Chairman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 504.37 Td (Richard I. Beattie) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.37 Td (/S/ Michael J. Cave) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 478.47 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.37 Td (Michael J. Cave) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 463.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 438.37 Td (/S/ George H. Conrades) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 438.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 438.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 424.37 Td (George H. Conrades) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 424.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 399.37 Td (/S/ Donald A. James) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 399.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 399.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 385.37 Td (Donald A. James) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 385.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 360.37 Td (/S/ Sara L. Levinson) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 360.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 360.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 346.37 Td (Sara L. Levinson) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 346.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 321.37 Td (/S/ N. Thomas Linebarger) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 321.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 321.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 307.37 Td (N. Thomas Linebarger) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 307.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 282.37 Td (/S/ George L. Miles, Jr.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 282.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 282.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 268.37 Td (George L. Miles, Jr.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 268.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 243.37 Td (/S/ James A. Norling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 243.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 243.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 229.37 Td (James A. Norling) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 229.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 204.37 Td (/S/ Jochen Zeitz) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 204.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.00 204.37 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 190.37 Td (Jochen Zeitz) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 190.05 Td () Tj ET Q BT /F1 10.00 Tf ET endstream endobj 229 0 obj <> endobj 230 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 97.30 Td (V) Tj ET Q q 0 0 0 rg BT 55.50 97.30 Td (arious instruments relating to the Company) Tj ET Q q 0 0 0 rg BT 213.73 97.30 Td (s long-term debt described in this report need not be filed herewith pursuant to Item601\(b\)\(4\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 86.50 Td (\(iii\)\(A\) of Regulation S-K. ) Tj ET Q q 0 0 0 rg BT 148.65 86.50 Td (The registrant, by signing this report, agrees to furnish the Securities and Exchange Commission, upon its request, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 75.70 Td (with a copy of any such instrument.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 54.10 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 54.10 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 43.30 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.30 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.30 Td (14) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 110 678.6 m 560 678.6 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.60 721.00 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.69 721.00 Td (T) Tj ET Q q 0 0 0 rg BT 296.53 721.00 Td (O EXHIBITS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.35 711.86 Td ([Items 15\(a\)\(3\) and 15\(c\)]) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.60 682.00 Td (ExhibitNo) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 681.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.50 682.00 Td (Description) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 669.86 Td (2.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 669.06 Td (Asset Purchase Agreement, dated April 30, 2015, among Harley-Davidson Canada LP, Fred Deeley Imports Ltd. and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 660.06 Td (Harley-Davidson Motor Company, Inc., as amended \(incorporated herein by reference to Exhibit 2.1 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 651.06 Td (Quarterly Report on Form 10-Q for the quarter ended June 28, 2015 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 637.86 Td (3.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 627.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 637.86 Td (Restated Articles of Incorporation as amended through April 27, 2015 \(incorporated herein by reference to Exhibit 3.1 to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 628.86 Td (the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 613.86 Td (3.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 604.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 613.86 Td (Harley-Davidson, Inc. By-Laws, as amended through April 27, 2015 \(incorporated herein by reference by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 604.86 Td (Exhibit 3.2 to the Registrant's Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 590.86 Td (4.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 560.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 590.86 Td (Indenture to provide for the issuance of indebtedness dated as of November21, 2003 between Harley-Davidson Funding) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 581.86 Td (Corp., Issuer, Harley-Davidson Financial Services, Inc. and Harley-Davidson Credit Corp., Guarantors, to BNY Midwest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 572.86 Td (Trust Company, Trustee \(incorporated herein by reference to Exhibit 4.4 to the Registrants Annual Report on Form 10-K) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 563.86 Td (for the year ended December31, 2005 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 546.86 Td (4.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 516.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 546.86 Td (5-Year Credit Agreement, dated as of April7, 2014, among the Company, certain subsidiaries of the Company, the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 537.86 Td (financial institutions parties thereto and JPMorgan Chase Bank, N.A., as among other things, global administrative agent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 528.86 Td (\(incorporated herein by reference to Exhibit 4.1 to the Registrants Quarterly Current on Form 10-Q for the quarter ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 519.86 Td (March 30, 2014 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 502.86 Td (4.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 472.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 502.86 Td (5-Year Credit Agreement, dated as of April13, 2012 among the Company, certain subsidiaries of the Company, the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 493.86 Td (financial institutions parties thereto and JPMorgan Chase Bank, N.A., as among other things, global administrative agent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 484.86 Td (\(incorporated herein by reference to Exhibit 4.2 to the Registrants Quarterly Report on Form 10-Q for the quarter ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 475.86 Td (April1, 2012 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 458.86 Td (4.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 404.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 458.86 Td (Amendment No.1 5-year Credit Agreement, dated as of July 10, 2013, among the Company, certain subsidiaries of the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 449.86 Td (Company, the financial institutions parties thereto, and JPMorgan Chase Bank, N.A., as, among other things, global) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 440.86 Td (administrative agent, including an Amended and Restated Syndicated Canadian Addendum, in each case relating to the 5-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 431.86 Td (year Credit Agreement, dated as of April 13, 2012 among the Company, certain subsidiaries of the Company, the financial) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 422.86 Td (institutions parties thereto and JPMorgan Chase Bank, N.A., as among other things, global administrative agent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 413.86 Td (\(incorporated herein by reference to Exhibit 4.1 to the Registrant's Quarterly Report on Form 10-Q for the quarter ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 404.86 Td (September, 29, 2013 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 390.86 Td (4.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 372.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 390.86 Td (Indenture, dated as of March4, 2011, among Harley-Davidson Financial Services, Inc., Issuer, Harley-Davidson Credit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 381.86 Td (Corp., Guarantor, and Bank of New York Mellon Trust Company, N.A., Trustee \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 372.86 Td (Exhibit 4.1 to the Registrants Current Report on Form 8-K dated March1, 2011 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 358.86 Td (4.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 338.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 358.86 Td (Officers Certificate, dated March4, 2011, pursuant to Sections102 and 301 of the Indenture, dated March4, 2011, with) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 349.86 Td (the forms of 3.875% Medium-Term Notes due 2016 \(incorporated herein by reference to Exhibit 4.2 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 340.86 Td (Current Report on Form 8-K dated March1,2011 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 324.86 Td (4.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 304.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 324.86 Td (Officers Certificate, dated January31, 2012, pursuant to Sections102 and 301 of the Indenture, dated March4, 2011, with) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 315.86 Td (the forms of 2.700% Medium-Term Notes due 2017 \(incorporated herein by reference to Exhibit 4.2 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 306.86 Td (Current Report on Form 8-K dated January26, 2012 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 290.86 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 290.86 Td (Officers' Certificate, dated September 16, 2014, pursuant to Sections 102 and 301 of the Indenture, dated March 4, 2011,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 281.86 Td (with the forms of 2.400% Medium-Term Notes due 2019 \(incorporated herein by reference to Exhibit 4.14 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 272.86 Td (Registrants Annual Report of Form 10-K for the year ended December31, 2014 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.85 256.86 Td (4.9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 256.86 Td (Officers' Certificate, dated November 18, 2014, pursuant to Sections 102 and 301 of the Indenture, dated March 4, 2011,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 247.86 Td (with the forms of 1.550% Medium-Term Notes due 2017 \(incorporated herein by reference to Exhibit 4.15 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 238.86 Td (Registrants Annual Report of Form 10-K for the year ended December31, 2014 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 222.86 Td (4.10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 222.86 Td (Officers' Certificate, dated February 26, 2015, pursuant to Sections 102 and 301 of the Indenture, dated March 4, 2011,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 213.86 Td (with the form of 2.150% Medium-Term Notes due 2020) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 188.86 Td (4.11) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 188.86 Td (Indenture, dated July 28, 2015, by and between Haley-Davidson, Inc. and The Bank of New York Mellon Trust Company,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 179.86 Td (N.A., as Trustee. \(incorporated herein by reference to Exhibit 4.1 to the Registrant's Current Report on Form 8-K dated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 170.86 Td (July 28, 2015 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 154.86 Td (4.12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 154.86 Td (Officers' Certificate, dated July 28, 2015 establishing the form of 3.500% Senior Notes due 2025 and 4.625% Senior Notes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 145.86 Td (due 2045 \(incorporated herein by reference to Exhibit 4.2 to the Registrant's Current Report on From 8-K dates July 28,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 136.86 Td (2015 \(File No. 1-9183\)\)) Tj ET Q endstream endobj 231 0 obj <> endobj 232 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 49.80 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 49.80 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 49.80 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 39.00 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 27.00 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 27.00 Td (15) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 110 695.5 m 560 695.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.60 737.90 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.69 737.90 Td (T) Tj ET Q q 0 0 0 rg BT 296.53 737.90 Td (O EXHIBITS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.35 728.76 Td ([Items 15\(a\)\(3\) and 15\(c\)]) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.60 698.90 Td (ExhibitNo) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 698.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.50 698.90 Td (Description) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 686.76 Td (4.13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 686.76 Td (Officers' Certificate dated January 8, 2016, pursuant to Sections 102 and 301 of the Indenture, dated March 4, 2011, with) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 677.76 Td (the form of 2.250% Medium-Term Notes due 2019 \(incorporated herein by reference to Exhibit 4.2 to the Registrant's) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 668.76 Td (Current Report on Form 8-K dated January 5, 2016 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 652.76 Td (4.14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 652.76 Td (Officers' certificate dated January 8, 2016, pursuant to Sections 102 and 301 of the Indenture, dated March 4, 2011, with) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 643.76 Td (the form of 2.850% Medium-Term Notes due 2021 \(incorporated herein by reference to Exhibit 4.3 to the Registrant's) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 634.76 Td (Current Report on Form 8-K dated January 5, 2016 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 618.76 Td (4.15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 618.76 Td (Amendment No. 2 to 5-Year Credit Agreement, dated as of April 7, 2014, among the Company, certain subsidiaries of the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 609.76 Td (Company, the financial institutions parties thereto and JPMorgan Chase Bank, N.A., as, among other things, global) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 600.76 Td (administrative agent, relating to the 5-Year Credit Agreement, dates as of April 13, 2012, among the Company, certain) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 591.76 Td (subsidiaries of the Company, the financial institutions parties thereto and JPMorgan Chase Bank, N.A., as among other) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 582.76 Td (things, global administrative agent.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 568.76 Td (10.1*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 547.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 568.76 Td (Harley-Davidson, Inc. 1995 Stock Option Plan as amended through April28, 2007 \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 559.76 Td (Exhibit 10.3 to the Registrants Quarterly Report on Form 10-Q for the quarter ended April1, 2007 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 534.76 Td (10.2*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 513.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 534.76 Td (Harley-Davidson, Inc. 2004 Incentive Stock Plan as amended through April 28, 2007 \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 525.76 Td (Exhibit 10.4 to the Registrants Quarterly Report on Form 10-Q for the quarter ended April 1, 2007 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 500.76 Td (10.3*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 479.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 500.76 Td (Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Appendix A to the Companys) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 491.76 Td (definitive proxy statement on Schedule 14A for the Companys Annual Meeting of Shareholders held on April 25, 2009) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 482.76 Td (filed on April 3, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 466.76 Td (10.4*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 466.76 Td (Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Appendix A to the Companys) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 457.76 Td (definitive proxy statement on Schedule 14A for the Companys Annual Meeting of Shareholders held on April 26, 2014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 448.76 Td (filed on March 14, 2014 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 434.76 Td (10.5*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 415.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 434.76 Td (Amended and Restated Harley-Davidson, Inc. Director Stock Plan as amended effective December 1, 2014 \(incorporated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 425.76 Td (herein by reference to Exhibit 10.6 to the Registrants Annual Report on Form 10-K for the year ended December31, 2014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 416.76 Td (\(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 402.76 Td (10.6*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 391.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 402.76 Td (Director Compensation Policy approved April 24, 2015 \(incorporated herein by reference from Exhibit 10.1 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 393.76 Td (Registrants Quarterly Report on Form 10-Q for the quarter ended September 27, 2015 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 378.76 Td (10.7*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 357.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 378.76 Td (Deferred Compensation Plan for Nonemployee Directors as amended and restated effective January 1, 2009 \(incorporated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 369.76 Td (herein by reference to Exhibit 10.14 to the Registrants Annual Report on Form 10-K for the year ended December 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 360.76 Td (2008 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 344.76 Td (10.8*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 323.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 344.76 Td (Harley-Davidson Management Deferred Compensation Plan as amended and restated effective January 1, 2009 and further) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 335.76 Td (amended March 2, 2009 \(incorporated herein by reference to Exhibit 10.2 to the Registrants Quarterly Report on Form) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 326.76 Td (10-Q for the quarter ended March 29, 2009 \(FileNo. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.35 310.76 Td (10.9*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 289.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 310.76 Td (Harley-Davidson, Inc. Employee Incentive Plan \(incorporated herein by reference to the Appendix to the Companys) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 301.76 Td (definitive proxy statement on Schedule 14A for the Companys Annual Meeting of Shareholders held April 25, 2015 \(File) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 292.76 Td (No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 276.76 Td (10.10*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 255.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 276.76 Td (Harley-Davidson, Inc. Short-Term Incentive Plan for Senior Executives \(incorporated herein by reference to Appendix D) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 267.76 Td (to the Companys definitive proxy statement on Schedule 14A for the Companys Annual Meeting of Shareholders held) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 258.76 Td (April30, 2011 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.25 242.76 Td (10.11*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 221.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 242.76 Td (Harley-Davidson Pension Benefit Restoration Plan as amended and restated effective January1,2009 \(incorporated herein) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 233.76 Td (by reference to Exhibit 10.9 to the Registrants Annual Report on Form10-K for the year ended December31, 2008 \(File) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 224.76 Td (No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 208.76 Td (10.12*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 187.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 208.76 Td (Harley-Davidson Retiree Insurance Allowance Plan, effective January1, 2009, together with amendments adopted through) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 199.76 Td (May31, 2009 \(incorporated herein by reference to Exhibit 10.2 to the Registrants Quarterly Report on Form 10-Q for the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 190.76 Td (quarter ended June28, 2009 \(FileNo.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 174.76 Td (10.13*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 153.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 174.76 Td (Form of Notice of Grant of Stock Options and Option Agreement of Harley-Davidson, Inc. under the Harley-Davidson,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 165.76 Td (Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.2 to the Registrants Quarterly Report on) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 156.76 Td (Form 10-Q for the quarter ended March 28, 2010 \(FileNo. 1-9183\)\)) Tj ET Q endstream endobj 233 0 obj <> endobj 234 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 49.80 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 49.80 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 49.80 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 39.00 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 27.00 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 27.00 Td (16) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 110 695.5 m 560 695.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.60 737.90 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.69 737.90 Td (T) Tj ET Q q 0 0 0 rg BT 296.53 737.90 Td (O EXHIBITS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.35 728.76 Td ([Items 15\(a\)\(3\) and 15\(c\)]) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.60 698.90 Td (ExhibitNo) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 698.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.50 698.90 Td (Description) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 686.76 Td (10.14*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 655.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 686.76 Td (Form of Notice of Grant of Stock Options and Option Agreement \(Transition Agreement\) of Harley-Davidson, Inc. under) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 677.76 Td (the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.3 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 668.76 Td (Quarterly Report on Form 10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 642.76 Td (10.15*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 611.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 642.76 Td (Form of Notice of Special Grant of Stock Options and Option Agreement \(Transition Agreement\) of Harley-Davidson, Inc.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 633.76 Td (under the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.4 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 624.76 Td (Registrants Quarterly Report on Form 10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 598.76 Td (10.16*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 577.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 598.76 Td (Form of Notice of Award of Restricted Stock and Restricted Stock Agreement of Harley-Davidson, Inc. under the Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 589.76 Td (Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.5 to the Registrants Quarterly) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 580.76 Td (Report on Form 10-Q for the quarter ended March28,2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 564.76 Td (10.17*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 539.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 564.76 Td (Form of Notice of Award of Restricted Stock and Restricted Stock Agreement \(Transition Agreement\) of Harley-Davidson,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 555.76 Td (Inc. under the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.6 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 546.76 Td (Registrants Quarterly Report on Form10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 526.76 Td (10.18*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 495.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 526.76 Td (Form of Notice of Grant of Stock Appreciation Rights and Stock Appreciation Rights Agreement of Harley-Davidson, Inc.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 517.76 Td (under the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.10 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 508.76 Td (Registrants Quarterly Report on Form 10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 482.76 Td (10.19*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 451.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 482.76 Td (Form of Notice of Award of Restricted Stock Units and Restricted Stock Unit Agreement of Harley-Davidson, Inc. under) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 473.76 Td (the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.7 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 464.76 Td (Quarterly Report on Form 10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 438.76 Td (10.20*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 407.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 438.76 Td (Form of Notice of Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Transition Agreement\) of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 429.76 Td (Harley-Davidson, Inc. under the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 420.76 Td (Exhibit 10.8 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 394.76 Td (10.21*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 363.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 394.76 Td (Form of Notice of Award of Restricted Stock Units and Restricted Stock Unit Agreement \(International\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 385.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2009 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 376.76 Td (10.9 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 28, 2010 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 350.76 Td (10.22*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 319.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 350.76 Td (Form of Notice of Grant of Stock Options and Option Agreement of Harley-Davidson, Inc. under the Harley-Davidson,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 341.76 Td (Inc. 2009 Incentive Stock Plan to each of Messrs. Hund, Levatich, Olin and Wandell \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 332.76 Td (Exhibit 10.1 to the Registrants Current Report on Form 8-K dated May 1, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 306.76 Td (10.23*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 275.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 306.76 Td (Form of Notice of Grant of Restricted Stock and Restricted Stock Agreement of Harley-Davidson, Inc. under the Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 297.76 Td (Davidson, Inc. 2009 Incentive Stock Plan to Mr. Hund \(incorporated herein by reference to Exhibit 10.2 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 288.76 Td (Current Report on Form 8-K dated May 1, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 262.76 Td (10.24*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 231.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 262.76 Td (Form of Notice of Grant of Stock Options and Option Agreement of Harley-Davidson, Inc. under the Harley-Davidson Inc.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 253.76 Td (1995 Stock Option Plan and the Harley-Davidson, Inc. 2004 Incentive Stock Plan \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 244.76 Td (Exhibit 10.21 to the Registrants Annual Report on Form 10-K for the year ended December 31, 2005 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 218.76 Td (10.25*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 187.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 218.76 Td (Form of Notice of Special Grant of Stock Options and Option Agreement of Harley-Davidson, Inc. under the Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 209.76 Td (Davidson Inc. 1995 Stock Option Plan and the Harley-Davidson, Inc. 2004 Incentive Stock Plan \(incorporated herein by) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 200.76 Td (reference to Exhibit 10.22 to the Registrants Annual Report on Form 10-K for the year ended December 31, 2005 \(File) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 191.76 Td (No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 174.76 Td (10.26*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 153.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 174.76 Td (Form of Notice of Award of Restricted Stock and Restricted Stock Agreement of Harley-Davidson, Inc. under the Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 165.76 Td (Davidson, Inc. 2004 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.1 to the Registrants Quarterly) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 156.76 Td (Report on Form 10-Q for the quarter ended March 29, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 140.76 Td (10.27*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 119.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 140.76 Td (Form of Notice of Special Award of Restricted Stock and Restricted Stock Agreement of Harley-Davidson, Inc. under the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 131.76 Td (Harley-Davidson, Inc. 2004 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.6 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 122.76 Td (Quarterly Report on Form 10-Q for the quarter ended April 1, 2007 \(File No. 1-9183\)\)) Tj ET Q endstream endobj 235 0 obj <> endobj 236 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 49.80 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 49.80 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 49.80 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 39.00 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 27.00 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 27.00 Td (17) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 110 695.5 m 560 695.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.60 737.90 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.69 737.90 Td (T) Tj ET Q q 0 0 0 rg BT 296.53 737.90 Td (O EXHIBITS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.35 728.76 Td ([Items 15\(a\)\(3\) and 15\(c\)]) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.60 698.90 Td (ExhibitNo) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 698.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.50 698.90 Td (Description) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 686.76 Td (10.28*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 665.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 686.76 Td (Form of Notice of Award of Restricted Stock Unit and Restricted Stock Unit Agreement of Harley-Davidson, Inc. under) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 677.76 Td (the Harley-Davidson, Inc. 2004 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.7 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 668.76 Td (Quarterly Report on Form 10-Q for the quarter ended April1, 2007 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 652.76 Td (10.29*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 652.76 Td (Form of Notice of Grant Award of Stock Options and Stock Option Agreement \(Standard\) of Harley-Davidson, Inc. under) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 643.76 Td (the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit 10.1 to the Registrants) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 634.76 Td (Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 618.76 Td (10.30*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 618.76 Td (Form of Notice of Grant Award of Stock Options and Stock Option Agreement \(Transition Agreement\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 609.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 600.76 Td (10.2 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 584.76 Td (10.31*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 584.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Deferred\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 575.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 566.76 Td (10.3 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 550.76 Td (10.32*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 550.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(International\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 541.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 532.76 Td (10.4 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 516.76 Td (10.33*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 516.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Special\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 507.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 498.76 Td (10.5 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 482.76 Td (10.34*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 482.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Standard\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 473.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 464.76 Td (10.6 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 448.76 Td (10.35*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 448.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Transition Agreement\) of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 439.76 Td (Harley-Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 430.76 Td (Exhibit 10.7 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 414.76 Td (10.36*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 414.76 Td (Form of Notice of Grant Award of Restricted Stock Units and Restricted Stock Unit Agreement \(Deferred\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 405.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 396.76 Td (10.8 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.00 380.76 Td (10.37.*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 380.76 Td (Form of Notice of Grant Award of Stock Appreciation Rights and Stock Appreciation Rights Agreement of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 371.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan \(incorporated herein by reference to Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 362.76 Td (10.9 to the Registrants Quarterly Report on Form 10-Q for the quarter ended March 29, 2015 \(File No.1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 346.76 Td (10.38*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 325.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 346.76 Td (Form of Severance Benefits Agreement between the Registrant and each of Messrs. Hund, Jones, Levatich and Olin) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 337.76 Td (\(incorporated herein by reference to Exhibit 10.9 to the Registrants Annual Report on Form 10-K for the year ended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 328.76 Td (December 31, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 312.76 Td (10.39*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 291.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 312.76 Td (Form of Transition Agreement between the Registrant and each of Messrs. Levatich and Olin \(incorporated herein by) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 303.76 Td (reference to Exhibit 10.4 to the Registrants Annual Report on Form 10-K for the year ended December 31, 2009 \(File No.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 294.76 Td (1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 278.76 Td (10.40*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 257.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 278.76 Td (Transition Agreement between the Registrant and Mr. Hund dated November 30, 2009 \(incorporated herein by reference to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 269.76 Td (Exhibit 10.5 to the Registrants Annual Report on Form 10-K for the year ended December 31, 2009 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 244.76 Td (10.41*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 223.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 244.76 Td (Form of Aircraft Time Sharing Agreement between the Registrant and each of Messrs. Levatich, Olin, Jones and Hund and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 235.76 Td (Mesdames Bischmann and Calaway \(incorporated herein by reference to Exhibit 10.1 to the Registrants Quarterly Report) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 226.76 Td (on Form 10-Q for the quarter ended September 30, 2012 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 210.76 Td (10.42*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 210.76 Td (Form on Non-competition and Non-solicitation Agreement between Harley-Davidson Canada LP, Fred Deeley Imports) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 201.76 Td (Ltd. and Harley-Davidson Motor Company, Inc., as amended \(incorporated herein by reference to exhibit 2.1 to the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 192.76 Td (Registrant's Quarterly Report on Form 10-Q for the quarter ended June 28,2015 \(File No. 1-9183\)\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 178.76 Td (10.43*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 178.76 Td (Form of Notice of Award of Performance Shares and Performance Shares Agreement \(Standard\) of Harley-Davidson, Inc.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 169.76 Td (under the Harley-Davidson, Inc. 2014 Incentive Stock Plan) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 155.76 Td (10.44*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 155.76 Td (Form of Notice of ) Tj ET Q q 0 0 0 rg BT 179.49 155.76 Td (A) Tj ET Q q 0 0 0 rg BT 185.16 155.76 Td (ward of Performance Share Units and Performance Share Unit ) Tj ET Q q 0 0 0 rg BT 411.84 155.76 Td (Agreement \(Standard International\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 146.76 Td ( of Harley-Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.10 132.76 Td (10.45*) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 132.76 Td (Form of Notice of Award of Performance Shares and Performance Shares Agreement \(Transition Agreement\) of Harley-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 123.76 Td (Davidson, Inc. under the Harley-Davidson, Inc. 2014 Incentive Stock Plan) Tj ET Q endstream endobj 237 0 obj <> endobj 238 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 49.80 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 49.80 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 49.80 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 39.00 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 27.00 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 27.00 Td (18) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 110 694.5 m 560 694.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.60 736.90 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 290.69 736.90 Td (T) Tj ET Q q 0 0 0 rg BT 296.53 736.90 Td (O EXHIBITS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.35 727.76 Td ([Items 15\(a\)\(3\) and 15\(c\)]) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.60 697.90 Td (ExhibitNo) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 697.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 112.50 697.90 Td (Description) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 73.00 685.76 Td (21) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 684.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 685.76 Td (List of Subsidiaries) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 73.00 671.76 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 670.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 671.76 Td (Consent of Independent Registered Public Accounting Firm) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 657.76 Td (31.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 656.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 657.76 Td (Chief Executive Officer Certification pursuant to Rule 13a-14\(a\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.60 643.76 Td (31.2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 642.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 643.76 Td (Chief Financial Officer Certification pursuant to Rule 13a-14\(a\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 73.00 629.76 Td (32) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 628.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 629.76 Td (Written Statement of the Chief Executive Officer and the Chief Financial Officer pursuant to 18 U.S.C. 1350) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.75 615.76 Td (101) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 574.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 615.76 Td (Financial statements from the annual report on Form 10-K of Harley-Davidson, Inc. for the year ended December 31,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 606.76 Td (2015, filed on February 18, 2016 formatted in XBRL: \(i\) the Consolidated Statements of Income; \(ii\) the Consolidated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 597.76 Td (Statements of Comprehensive Income; \(iii\) the Consolidated Balance Sheets; \(iv\) the Consolidated Statements of Cash) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 112.50 588.76 Td (Flows; \(v\) the Consolidated Statements of Shareholders' Equity; and \(vi\) the Notes to Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 239 0 obj <> endobj 240 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 49.80 Td (* ) Tj ET Q q 0 0 0 rg BT 86.00 49.80 Td (Represents a management contract or compensatory plan, contract or arrangement in which a director or named executive of) Tj ET Q q 0 0 0 rg BT 534.15 49.80 Td (ficer of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 39.00 Td (the Company participated.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 27.00 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 27.00 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 73.50 720.30 Td (V) Tj ET Q q 0 0 0 rg BT 79.00 720.30 Td (arious instruments relating to the Company) Tj ET Q q 0 0 0 rg BT 237.23 720.30 Td (s long-term debt described in this report need not be filed herewith pursuant to Item601) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 709.50 Td (\(b\)\(4\)\(iii\)\(A\) of Regulation S-K. ) Tj ET Q q 0 0 0 rg BT 169.06 709.50 Td (The registrant, by signing this report, agrees to furnish the Securities and Exchange Commission, upon its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 698.70 Td (request, with a copy of any such instrument.) Tj ET Q endstream endobj 241 0 obj <> /View <>>>>> endobj 242 0 obj <> /View <>>>>> endobj 243 0 obj <> endobj 244 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;