Polaris Industries Inc. (NYSE: PII ) announced it is continuing a 29 year profit-sharing payment tradition.
Polaris also will distribute profit-sharing payments to each of its
fulltime salaried employees. Additionally, all Polaris employees will
participate in the distribution of $8.1 million worth of Polaris stock
that is contributed to their retirement plan. “We delivered strong
performance and posted record results in 2010, and it feels good to
reward the hard work and dedication of our employees,” said Scott Wine,
Chief Executive Officer. “It is fundamental to our culture that all
employees share in the success they worked so diligently to create.”
With annual 2010 sales of $1.99 billion, Polaris designs, engineers,
manufactures and markets off-road vehicles (ORVs), including all-terrain
vehicles (ATVs), the Polaris RANGER® Side x Sides, snowmobiles and
Victory motorcycles for recreational and utility use and has recently
introduced a new on-road electric powered neighborhood vehicle.
Polaris is a recognized leader in the snowmobile industry; and one of
the largest manufacturers of ORVs in the world. Victory motorcycles
established in 1998 and representing the first all-new American-made
motorcycle from a major company in nearly 60 years, are rapidly making
impressive in-roads into the cruiser and touring motorcycle marketplace.
Polaris also enhances the riding experience with a complete line of
Pure Polaris apparel, accessories and parts, available at Polaris
Polaris Industries Inc. trades on the New York Stock Exchange under
the symbol “PII,” and the Company is included in the S&P MidCap 400
stock price index.
Information about the complete line of Polaris products, apparel and
vehicle accessories are available from authorized Polaris dealers or
anytime from the Polaris homepage at www.polarisindustries.com.