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Segment Information | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operating segments are based on how the Chief Operating Decision Maker (“CODM”) makes decisions about assessing performance and allocating resources. The Company has four reportable segments that are organized on the basis of product categories. These segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The CODM primarily evaluates performance using segment operating income (loss). Segment operating income (loss) includes directly attributable expenses and certain shared costs of corporate administration that are allocated to the reportable segments, but excludes interest expense, net, restructuring charges, the non-service cost component of net periodic benefit cost, transaction fees and other non-operating gains and losses as the Company does not allocate these to the reportable segments. The CODM does not evaluate a measure of assets when assessing performance. Results shown for the three and nine months ended September 30, 2021 and 2020 are not necessarily those which would be achieved if each segment was an unaffiliated business enterprise. There are no intersegment transactions. Information by reportable segment and a reconciliation to reported amounts are as follows:
|  | Three months ended September 30, |  | Nine months ended September 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
Net sales |  |  |  |  |  |  |  |
Titleist golf balls |  | $ | 167,204 |  |  | $ | 170,121 |  |  | $ | 543,106 |  |  | $ | 388,499 |
Titleist golf clubs |  | 135,605 |  |  | 120,818 |  |  | 444,253 |  |  | 286,428 |
Titleist golf gear |  | 46,618 |  |  | 44,274 |  |  | 164,713 |  |  | 120,168 |
FootJoy golf wear |  | 137,908 |  |  | 116,010 |  |  | 461,978 |  |  | 314,733 |
Other |  | 34,294 |  |  | 31,709 |  |  | 113,314 |  |  | 81,847 |
Total net sales |  | $ | 521,629 |  |  | $ | 482,932 |  |  | $ | 1,727,364 |  |  | $ | 1,191,675 |
Segment operating income |  |  |  |  |  |  |  |
Titleist golf balls |  | $ | 31,977 |  |  | $ | 47,697 |  |  | $ | 106,788 |  |  | $ | 60,988 |
Titleist golf clubs |  | 13,482 |  |  | 19,199 |  |  | 84,660 |  |  | 21,341 |
Titleist golf gear |  | 559 |  |  | 7,216 |  |  | 22,686 |  |  | 20,740 |
FootJoy golf wear |  | 4,446 |  |  | 6,464 |  |  | 53,574 |  |  | 18,906 |
Other |  | 3,234 |  |  | 4,969 |  |  | 16,253 |  |  | 8,716 |
Total segment operating income |  | 53,698 |  |  | 85,545 |  |  | 283,961 |  |  | 130,691 |
Reconciling items: |  |  |  |  |  |  |  |
Interest expense, net |  | (1,147) |  |  | (3,831) |  |  | (6,611) |  |  | (12,356) |
Restructuring charges |  | — |  |  | (518) |  |  | — |  |  | (13,250) |
Non-service cost component of net periodic benefit cost |  | (958) |  |  | (2,116) |  |  | (3,874) |  |  | (7,321) |
Other |  | (1,193) |  |  | (893) |  |  | (1,522) |  |  | 193 |
Total income before income tax |  | $ | 50,400 |  |  | $ | 78,187 |  |  | $ | 271,954 |  |  | $ | 97,957 |
Information as to the Company’s operations in different geographical areas is presented below. Net sales are categorized based on the location in which the sale originates.
|  | Three months ended September 30, |  | Nine months ended September 30,
(in thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020
United States |  | $ | 282,649 |  |  | $ | 271,278 |  |  | $ | 906,608 |  |  | $ | 627,516 |
EMEA (1) |  | 68,930 |  |  | 65,442 |  |  | 246,879 |  |  | 174,239 |
Japan |  | 47,919 |  |  | 42,282 |  |  | 149,884 |  |  | 101,980 |
Korea |  | 75,783 |  |  | 61,455 |  |  | 251,834 |  |  | 177,793 |
Rest of world |  | 46,348 |  |  | 42,475 |  |  | 172,159 |  |  | 110,147 |
Total net sales |  | $ | 521,629 |  |  | $ | 482,932 |  |  | $ | 1,727,364 |  |  | $ | 1,191,675 |
_______________________________________________________________________________ (1) Europe, the Middle East and Africa ("EMEA")

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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