CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 35,136	$ 49,801
Accounts receivable, net	233,210	115,607
Inventories	186,149	208,883
Income taxes receivable	1,857	487
Other current assets	14,346	16,709
Total current assets	470,698	391,487
Property, plant and equipment, net	55,631	55,808
Intangible assets, net	88,769	88,782
Goodwill	26,777	26,500
Deferred taxes, net	6,942	6,962
Investment in golf-related ventures (Note 6)	54,575	53,315
Other assets	8,480	8,370
Total assets	711,872	631,224
Current liabilities:
Accounts payable and accrued expenses	110,268	122,620
Accrued employee compensation and benefits	22,025	33,518
Asset-based credit facilities	78,969	14,969
Accrued warranty expense	6,350	5,706
Income tax liability	2,741	1,823
Total current liabilities	220,353	178,636
Long-term liabilities:
Income tax payable	3,224	3,476
Deferred taxes, net	34,866	35,093
Long-term incentive compensation and other	$ 770	$ 1,074
Commitments and contingencies (Note 9)
Shareholders’ equity:
Preferred stock, $0.01 par value, 3,000,000 shares authorized, none issued and outstanding at March 31, 2016 and December 31, 2015	$ 0	$ 0
Common stock, $0.01 par value, 240,000,000 shares authorized, 94,214,295 and 93,769,199 shares issued at March 31, 2016 and December 31, 2015, respectively	942	938
Additional paid-in capital	324,922	322,793
Retained earnings	138,451	101,047
Accumulated other comprehensive loss	(9,248)	(11,813)
Less: Common stock held in treasury, at cost, 273,008 and 2,075 shares at March 31, 2016 and December 31, 2015, respectively	(2,408)	(20)
Total shareholders’ equity	452,659	412,945
Total liabilities and shareholders’ equity	$ 711,872	$ 631,224

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.