XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 620,501 $ 593,381 $ 2,011,922 $ 1,969,034
Cost of goods sold 283,126 284,859 924,854 926,317
Gross profit 337,375 308,522 1,087,068 1,042,717
Operating expenses:        
Selling, general and administrative 232,882 210,166 715,558 674,720
Research and development 18,923 16,239 51,516 47,286
Intangible amortization 3,503 3,512 10,523 10,712
Income from operations 82,067 78,605 309,471 309,999
Interest expense, net 13,187 9,389 40,367 30,234
Other expense, net 407 918 1,289 2,010
Income before income taxes 68,473 68,298 267,815 277,755
Income tax expense 13,198 11,252 57,817 52,726
Net income 55,275 57,046 209,998 225,029
Less: Net loss attributable to noncontrolling interests 949 261 5,416 208
Net income attributable to Acushnet Holdings Corp. $ 56,224 $ 57,307 $ 215,414 $ 225,237
Net income per common share attributable to Acushnet Holdings Corp.:        
Basic (in dollars per share) $ 0.89 $ 0.86 $ 3.38 $ 3.32
Diluted (in dollars per share) $ 0.89 $ 0.85 $ 3.36 $ 3.30
Weighted average number of common shares:        
Basic (in shares) 62,894,940 66,898,142 63,813,805 67,812,790
Diluted (in shares) 63,171,736 67,343,260 64,070,500 68,208,022