Item 2.06 Material Impairments.

On June 13, 2022, certain wholly owned subsidiaries of Polaris Inc. (the "Company") entered into a definitive agreement to sell the Company's Transamerican Auto Parts business (the "TAP Business"). Under United States generally accepted accounting principles, the TAP Business will be classified as held for sale and discontinued operations. Accordingly, the Company will be required to record the assets related to the TAP Business at fair value, less an amount of estimated transaction costs. The Company expects this will result in an estimated pre-tax loss of approximately $185 million, or $140 million net of an expected tax benefit of approximately $45 million. The Company does not anticipate that this charge will result in material future cash expenditures. All of the estimates described in Item 2.06 of this Form 8-K may change in the future.

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