Financial Statements

Polaris Inc. (PII)

$111.09

+0.43 (+0.39%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 218287121243-
Net Income 494125324335172
Stock Dividends -402-41-9-308216
Dividend Paid -153-153-149-149-145
Retained Earnings 157218287121243

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,0141,010843747-
Annual Depreciation 425218418321932
Capital Expenditure -298-214-251-225-184
Net PPE 1,1411,0141,010843747

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -433647660397
New Purchases -----
Intangible and Goodwill 433647660397391

Polaris Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Polaris Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.