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Why does Treasury Stock show as a negative? And How much in cash dividends were paid? HARLEY-DAVIDSON, INC. CONSOLIDATED BALANCE SHEETS December 31, 2020 and

  1. Why does Treasury Stock show as a negative? And How much in cash dividends were paid?

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HARLEY-DAVIDSON, INC. CONSOLIDATED BALANCE SHEETS December 31, 2020 and 2019 (In thousands) 2020 2019 $ ASSETS Current assets: Cash and cash equivalents Accounts receivable, net Finance receivables, net of allowance of $72,632 and $43,006 Inventories, net Restricted cash Other current assets Finance receivables, net of allowance of $318,304 and $155,575 Property, plant and equipment, net Pension and postretirement assets Goodwill Deferred income taxes Lease assets Other long-term assets 3,257,203 $ 143,082 1,509,539 523,497 131,642 280,470 5,845,433 4,933,469 743,784 95,711 65,976 158,538 45,203 122,487 12,010,601 $ 833,868 259,334 2,272,522 603,571 64,554 168,974 4,202,823 5,101,844 847,382 56,014 64,160 101,204 61,618 93,114 10,528,159 $ LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable Accrued liabilities Deposits Short-term debt Current portion of long-term debt, net 294,380 582,288 290,904 $ 557,214 79,965 1,014,274 2,039,597 3,981,954 5,932,933 30,115 114,206 8,607 220,001 571,995 1,748,109 3,196,772 5,124,826 44,447 128,651 8,135 221,329 Long-term debt, net Lease liabilities Pension and postretirement liabilities Deferred income taxes Other long-term liabilities Commitments and contingencies (Note 16) Shareholders' equity: Preferred stock, none issued Common stock (Note 5) Additional paid-in-capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost (Note 5) 1,685 1,507,706 1,284,823 (483,417) (588,012) 1,722,785 12,010,601 $ 1,828 1,491,004 2,193,997 (536,949) (1,345,881) 1,803,999 10,528,159 $ 5. Capital Stock and Earnings Per Share Capital Stock - The Company is authorized to issue 2,000,000 shares of preferred stock of $1.00 par value, none of which is outstanding. The Company's common stock has a par value of $0.01 per share. During 2020, the Company retired 15.0 million shares of its treasury stock. Share information regarding the Company's common stock at December 31, was as follows: 2020 2019 Common stock shares: Authorized 800,000,000 800,000,000 Issued 168,503,526 182,816,536 Outstanding 152,930,740 152,468,442 Treasury stock shares 15,572,786 30,348,094 There were no discretionary share repurchases during the year ended December 31, 2020. Discretionary share repurchases during the years ended December 31, 2019 and 2018 were $286.7 million or 8.2 million shares and $382.0 million or 9.2 million shares, respectively. Share repurchases of common stock that employees surrendered to satisfy withholding taxes in connection with the vesting of restricted stock units (RSUS) were $8.0 million or 0.3 million shares, $9.8 million or 0.3 million shares, and $8.6 million or 0.2 million shares during the years ended December 31, 2020, 2019 and 2018, respectively, discussed further in Note 17. The Company paid cash dividends of $0.44, $1.50, and $1.48 per share during the years ended December 31, 2020, 2019, and 2018, respectively. Earnings Per Share - The computation of basic and diluted earnings per share for the years ended December 31, was as follows (in thousands except per share amounts): 2020 2019 2018 Net income 1,298 $ 423,635 $ 531,451 Basic weighted-average shares outstanding 153,186 157,054 165,672 Effect of dilutive securities - employee stock compensation plan 722 750 832 Diluted weighted-average shares outstanding 153,908 157,804 166,504 Earnings per share: Basic 0.01 $ 2.70 $ 3.21 Diluted 0.01$ 2.68 $ 3.19 Shares of common stock related to share-based compensation that were not included in the effect of dilutive securities because the effect would have been anti-dilutive include 1.4 million, 1.1 million and 1.1 million shares during 2020, 2019 and 2018, respectively. 6. Additional Balance Sheet and Cash Flow Information Investments in marketable securities consisted of the following at December 31, (in thousands): Mutual funds 52,061 $ 52,575 Mutual funds, included in other long-term assets on the Consolidated balance sheets, are carried at fair value with gains and losses recorded in income. Mutual funds are held to support certain deferred compensation obligations. 2020 2019

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