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Unaudited Quarterly Financial Data
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data Unaudited Quarterly Financial Data 
The table below summarizes quarterly results for fiscal 2019:
 
Quarter ended (unaudited)
(in thousands)
December 31,
 
September 30,
 
June 30,
 
March 31,
2019
 
 
 
 
 
 
 
Net sales
$
368,271

 
$
417,166

 
$
462,218

 
$
433,702

Gross profit
186,691

 
217,344

 
246,043

 
222,157

Income from operations
28,565

 
43,726

 
61,135

 
52,227

Net income
19,618

 
30,006

 
38,902

 
36,039

Net income attributable to Acushnet Holdings Corp.
17,859

 
29,797

 
38,488

 
34,926

Net income per common share attributable to Acushnet Holdings Corp.:
 
 
 
 
 
 
 
Basic
$
0.24

 
$
0.40

 
$
0.51

 
$
0.46

Diluted
$
0.24

 
$
0.39

 
$
0.51

 
$
0.46

 
The table below summarizes quarterly results for fiscal 2018:
 
Quarter ended (unaudited)
(in thousands)
December 31,
 
September 30,
 
June 30,
 
March 31,
2018
 
 
 
 
 
 
 
Net sales
$
343,355

 
$
370,427

 
$
478,138

 
$
441,801

Gross profit
174,929

 
188,938

 
250,810

 
227,674

Income from operations
19,599

 
25,873

 
64,579

 
62,284

Net income
12,264

 
7,349

 
40,369

 
43,090

Net income attributable to Acushnet Holdings Corp.
11,418

 
7,063

 
39,907

 
41,484

Net income per common share attributable to Acushnet Holdings Corp.:
 
 
 
 
 
 
 
Basic
$
0.15

 
$
0.09

 
$
0.53

 
$
0.56

Diluted
$
0.15

 
$
0.09

 
$
0.53

 
$
0.55


Net income per common share is computed individually for each of the quarters presented; therefore, the sum of the quarterly net income per common share may not necessarily equal the total for the year.