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v3.23.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Information by Reportable Segment and a Reconciliation to Reported Amounts | Information by reportable segment and a reconciliation to reported amounts are as follows:
|  |  |  | Three months ended March 31,
(in thousands) |  |  |  |  |  | 2023 |  | 2022
Net sales |  |  |  |  |  |  |  |
Titleist golf balls |  |  |  |  |  | $ | 192,001 |  |  | $ | 163,838 |
Titleist golf clubs |  |  |  |  |  | 180,781 |  |  | 160,815 |
Titleist golf gear |  |  |  |  |  | 67,043 |  |  | 44,146 |
FootJoy golf wear |  |  |  |  |  | 205,274 |  |  | 197,553 |
Other |  |  |  |  |  | 41,191 |  |  | 39,735 |
Total net sales |  |  |  |  |  | $ | 686,290 |  |  | $ | 606,087 |
Segment operating income |  |  |  |  |  |  |  |
Titleist golf balls |  |  |  |  |  | $ | 38,621 |  |  | $ | 33,373 |
Titleist golf clubs |  |  |  |  |  | 40,545 |  |  | 32,228 |
Titleist golf gear |  |  |  |  |  | 12,190 |  |  | 2,194 |
FootJoy golf wear |  |  |  |  |  | 30,801 |  |  | 31,315 |
Other |  |  |  |  |  | 6,564 |  |  | 7,427 |
Total segment operating income |  |  |  |  |  | 128,721 |  |  | 106,537 |
Reconciling items: |  |  |  |  |  |  |  |
Interest expense, net |  |  |  |  |  | (9,896) |  |  | (1,277) |
Non-service cost component of net periodic benefit cost |  |  |  |  |  | (985) |  |  | (1,265) |
Other |  |  |  |  |  | (3,496) |  |  | (1,229) |
Total income before income tax |  |  |  |  |  | $ | 114,344 |  |  | $ | 102,766 |
Schedule of Net Sales By Geographical Area | 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) |  |  |  |  |  | 2023 |  | 2022
United States |  |  |  |  |  | $ | 369,931 |  |  | $ | 295,126 |
EMEA (1) |  |  |  |  |  | 104,760 |  |  | 112,357 |
Japan |  |  |  |  |  | 46,375 |  |  | 45,795 |
Korea |  |  |  |  |  | 88,984 |  |  | 85,717 |
Rest of World |  |  |  |  |  | 76,240 |  |  | 67,092 |
Total net sales |  |  |  |  |  | $ | 686,290 |  |  | $ | 606,087 |
_______________________________________________________________________________ (1) Europe, the Middle East and Africa ("EMEA")

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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