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Net Income per Common Share | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Net Income per Common Share | Net Income per Common Share The following is a computation of basic and diluted net income per common share attributable to Acushnet Holdings Corp.:
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
(in thousands, except share and per share amounts) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Net income attributable to Acushnet Holdings Corp. |  | $ | 56,224 |  |  | $ | 57,307 |  |  | $ | 215,414 |  |  | $ | 225,237 |
Weighted average number of common shares: |  |  |  |  |  |  |  |
Basic |  | 62,894,940 |  |  | 66,898,142 |  |  | 63,813,805 |  |  | 67,812,790 |
RSUs |  | 200,837 |  |  | 328,411 |  |  | 214,899 |  |  | 290,274 |
PSUs |  | 75,959 |  |  | 116,707 |  |  | 41,796 |  |  | 104,958 |
Diluted |  | 63,171,736 |  |  | 67,343,260 |  |  | 64,070,500 |  |  | 68,208,022 |
Net income per common share attributable to Acushnet Holdings Corp.: |  |  |  |  |  |  |  |
Basic |  | $ | 0.89 |  |  | $ | 0.86 |  |  | $ | 3.38 |  |  | $ | 3.32 |
Diluted |  | $ | 0.89 |  |  | $ | 0.85 |  |  | $ | 3.36 |  |  | $ | 3.30 |
Net income per common share attributable to Acushnet Holdings Corp. was calculated using the treasury stock method. The Company’s potential dilutive securities for the three and nine months ended September 30, 2024 and 2023 include RSUs and PSUs. PSUs vest based upon achievement of performance targets and are excluded from the diluted shares outstanding unless the performance targets have been met as of the end of the applicable reporting period regardless of whether such performance targets are probable of achievement. During 2024 and 2023, the minimum performance target was achieved relating to certain PSUs and as a result, these PSUs have been included in diluted shares outstanding for the three and nine months ended September 30, 2024 and September 30, 2023. The following securities have been excluded from the calculation of diluted weighted-average common shares outstanding as their impact was determined to be anti-dilutive:
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
RSUs |  | 201,512 |  |  | — |  |  | 212,224 |  |  | 86,499 |

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