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Equity Incentive Plans
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Equity Incentive Plans Equity Incentive Plans
On June 2, 2025, the stockholders of the Company approved the Acushnet Holdings Corp. Amended and Restated 2015 Omnibus Incentive Plan (the “Amended and Restated 2015 Plan”). The Amended and Restated 2015 Plan increases the number of shares of common stock available for grant under the plan by 1,266,000 shares and extends the term of the plan through June 2, 2035. Under the Amended and Restated 2015 Plan, the Company may grant stock options, stock appreciation rights, restricted shares of common stock, restricted stock units ("RSUs"), performance stock units ("PSUs") and other share-based and cash-based awards to members of the board of directors, officers, employees, consultants and advisors of the Company. As of September 30, 2025, the only equity-based awards granted under the Amended and Restated 2015 Plan were RSUs and PSUs.
As of September 30, 2025, there were 6,009,882 remaining shares of common stock reserved for issuance under the Amended and Restated 2015 Plan of which 3,209,963 remained available for future grants.
Restricted Stock and Performance Stock Units
RSUs granted to members of the board of directors vest immediately into shares of common stock. RSUs granted to the officers, employees, consultants and advisors of the Company vest in accordance with the terms of the grants, generally over three years, with one-third of each grant vesting annually, subject to the recipient’s continued service to the Company. PSUs granted to Company officers and other employees vest based upon the Company's performance against specified targets, generally over a three-year performance period, subject to the recipient's continued service to the Company. At the end of the performance period, the number of shares of common stock that could be issued is determined based upon the Company's
performance against these targets. The number of shares that could be issued can range from 0% to 200% of the recipient's target award. Recipients of the awards granted under the Amended and Restated 2015 Plan may elect to defer receipt of all or any portion of any shares of common stock issuable upon vesting to a future date elected by the recipient.
All RSUs and PSUs granted under the Amended and Restated 2015 Plan have DERs, which entitle holders of RSUs and PSUs to the same dividend value per share as holders of common stock and can be paid in either cash or common stock. DERs are subject to the same vesting and other terms and conditions as the corresponding RSUs and PSUs. DERs are paid when the underlying shares of common stock are delivered.
A summary of the Company’s RSUs and PSUs as of September 30, 2025 and changes during the nine months then ended is presented below: 
 Weighted-Weighted-
 NumberAverageNumberAverage
 of RSUsFair Value RSUs
of PSUs (3)
Fair Value PSUs
Outstanding as of December 31, 2024668,030 $56.40 500,967 $52.66 
Granted326,950 68.18 165,248 68.21 
Vested (1)(2)
(364,535)52.69 (151,848)43.96 
Forfeited(14,939)64.45 (2,626)64.75 
Outstanding as of September 30, 2025615,506 $64.66 511,741 $60.20 

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(1) Includes 43,821 shares of common stock related to RSUs that were not delivered as of September 30, 2025.
(2) Based upon the Company’s level of achievement of the applicable performance metrics, the recipients of the 151,848 PSUs that vested during the nine months ended September 30, 2025, were entitled to receive 196,795 shares of common stock. As of September 30, 2025, there were 75,693 shares of common stock that had not been delivered in connection with the vesting of these PSUs.
(3) Number of PSUs reflects 100% of the target level grant and may not be indicative of the performance level expected to be achieved.
Compensation expense recorded related to the Company's RSUs and PSUs in the unaudited condensed consolidated statements of operations was as follows:
 Three months endedNine months ended
September 30,September 30,
(in thousands)2025202420252024
RSUs$4,643 $4,505 $15,858 $14,633 
PSUs3,867 4,378 8,182 8,889 
The remaining unrecognized compensation expense related to unvested RSUs and unvested PSUs was $26.7 million and $16.0 million, respectively, as of September 30, 2025, and is expected to be recognized over the related weighted average period of 1.4 years and 1.9 years, respectively.
A summary of shares of common stock issued related to the Amended and Restated 2015 Plan, including the impact of any DERs issued in common stock, is presented below:
Nine months endedNine months ended
 September 30, 2025September 30, 2024
RSUsPSUsRSUsPSUs
Shares of common stock issued337,618 123,908 477,642 219,831 
Shares of common stock withheld by the Company as payment by employees in lieu of cash to satisfy tax withholding obligations
(118,150)(54,369)(159,600)(95,814)
Net shares of common stock issued219,468 69,539 318,042 124,017 
Cumulative undelivered shares of common stock509,128 544,215 480,608 471,078 
Compensation Expense
The allocation of share-based compensation expense in the unaudited condensed consolidated statements of operations was as follows:
 Three months endedNine months ended
September 30,September 30,
(in thousands)2025202420252024
Cost of goods sold$499 $467 $1,477 $1,316 
Selling, general and administrative7,563 8,179 21,291 21,450 
Research and development448 385 1,272 1,232 
Total compensation expense before income tax8,510 9,031 24,040 23,998 
Income tax benefit2,880 2,024 6,048 5,433 
Total compensation expense, net of income tax$5,630 $7,007 $17,992 $18,565