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Segment Information (Tables)

3 Months Ended

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")

X

- 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)
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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

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