EXPERIENCEBUSINESS - Harley-Davidson

SUPPLEMENTARY DATA
QUARTERLY FINANCIAL DATA (UNAUDITED)
(In millions, except per share data) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
2000 1999 2000 1999 2000 1999 2000 1999
Net sales $681.1 $558.6 $755.0 $608.7 $714.1 $623.2 $756.2 $662.5
Gross profit 231.3 189.1 257.1 213.0 239.6 204.7 262.8 228.9
Net income 80.2 59.0 90.6 68.6 83.0 65.4 93.9 74.2
Earnings per common share:
Basic $ .26 $ .19 $ .30 $ .22 $ .27 $ .21 $ .31 $ .25
Diluted $ .26 $ .19 $ .29 $ .22 $ .27 $ .21 $ .31 $ .24
REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
The Board of Directors and Shareholders
Harley-Davidson, Inc.
We have audited the accompanying consolidated balance sheets of Harley-Davidson, Inc. as of December 31, 2000 and 1999,
and the related consolidated statements of income, shareholders’ equity and cash flows for each of the three years in the period
ended December 31, 2000. These financial statements are the responsibility of the Company’s management. Our responsibility
is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management,
as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for
our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated
financial position of Harley-Davidson, Inc. at December 31, 2000 and 1999, and the consolidated results of its operations
and its cash flows for each of the three years in the period ended December 31, 2000, in conformity with accounting principles
generally accepted in the United States.
Milwaukee, Wisconsin
January 17, 2001
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