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Segment Information
 3 Months Ended
Mar. 31, 2022
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 months ended March 31, 2022 and 2021 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 March 31,
(in thousands)20222021
Net sales  
Titleist golf balls$163,838 $173,637 
Titleist golf clubs160,815 155,827 
Titleist golf gear44,146 53,120 
FootJoy golf wear197,553 159,434 
Other39,735 38,867 
Total net sales$606,087 $580,885 
Segment operating income  
Titleist golf balls$33,373 $34,317 
Titleist golf clubs32,228 41,799 
Titleist golf gear2,194 9,728 
FootJoy golf wear31,315 28,117 
Other7,427 6,471 
Total segment operating income106,537 120,432 
Reconciling items:  
Interest expense, net(1,277)(3,616)
Non-service cost component of net periodic benefit cost(1,265)(2,291)
Other(1,229)(64)
Total income before income tax$102,766 $114,461 
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 March 31,
(in thousands)20222021
United States$295,126 $308,636 
EMEA (1)
112,357 80,575 
Japan45,795 56,377 
Korea85,717 79,097 
Rest of world67,092 56,200 
Total net sales$606,087 $580,885 
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(1) Europe, the Middle East and Africa ("EMEA")