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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash, cash equivalents and restricted cash ($13,659 and $12,532 attributable to the variable interest entity ("VIE")) $ 99,062 $ 65,435
Accounts receivable, net 367,519 201,352
Inventories ($3,276 and $9,621 attributable to the VIE) 497,519 615,535
Prepaid and other assets 121,349 114,370
Total current assets 1,085,449 996,692
Property, plant and equipment, net ($8,363 and $9,044 attributable to the VIE) 311,582 295,343
Goodwill ($32,312 and $32,312 attributable to the VIE) 225,130 225,302
Intangible assets, net 526,856 537,407
Deferred income taxes 25,382 31,454
Other assets ($1,916 and $1,972 attributable to the VIE) 106,349 110,479
Total assets 2,280,748 2,196,677
Current liabilities    
Short-term debt 21,165 28,997
Current portion of long-term debt 788 351
Accounts payable ($3,064 and $6,059 attributable to the VIE) 166,335 150,514
Accrued taxes 51,420 46,398
Accrued compensation and benefits ($720 and $1,233 attributable to the VIE) 102,812 111,136
Accrued expenses and other liabilities ($3,282 and $1,687 attributable to the VIE) 173,192 113,739
Total current liabilities 515,712 451,135
Long-term debt 708,043 671,819
Deferred income taxes 7,620 7,080
Accrued pension and other postretirement benefits 66,063 69,634
Other noncurrent liabilities 78,189 84,137
Total liabilities 1,375,627 1,283,805
Commitments and contingencies (Note 15)
Redeemable noncontrolling interests 6,519 9,785
Shareholders' equity    
Common stock, $0.001 par value, 500,000,000 shares authorized; 61,655,989 and 63,429,243 shares issued 62 63
Additional paid-in capital 787,248 808,615
Accumulated other comprehensive loss, net of tax (108,099) (104,349)
Retained earnings 217,211 159,906
Treasury stock, at cost; (493,040 of accrued share repurchases) (Note 10) (32,523) 0
Total equity attributable to Acushnet Holdings Corp. 863,899 864,235
Noncontrolling interests 34,703 38,852
Total shareholders' equity 898,602 903,087
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 2,280,748 $ 2,196,677