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Earnings (Loss) per Common Share | 9 Months Ended
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Sep. 30, 2017
Earnings Per Share [Abstract] |
Earnings (Loss) per Common Share | Note 4. Earnings (Loss) per Common Share Basic earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding for the period. Diluted earnings per common share takes into account the potential dilution that could occur if securities, or other contracts to issue common stock, were exercised. Dilutive securities are included in the calculation of diluted earnings per common share using the treasury stock method in accordance with Accounting Standards Codification ("ASC") Topic 260, “Earnings per Share.” Dilutive securities include options granted pursuant to the Company’s stock option plans and outstanding restricted stock units and performance share units granted to employees and non-employee directors (see Note 12). Weighted-average common shares outstanding—diluted is the same as weighted-average common shares outstanding—basic in periods when a net loss is reported or in periods when anti-dilution occurs. The following table summarizes the computation of basic and diluted earnings per share (in thousands, except per share data):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Earnings (loss) per common share—basic |  |  |  |  |  |  |
Net income (loss) attributable to Callaway Golf Company | $ | 3,060 |  |  | $ | (5,866 | ) |  | $ | 60,192 |  |  | $ | 66,629 |
Weighted-average common shares outstanding—basic | 94,450 |  |  | 94,081 |  |  | 94,246 |  |  | 94,021 |
Basic earnings (loss) per common share | $ | 0.03 |  |  | $ | (0.06 | ) |  | $ | 0.64 |  |  | $ | 0.71 |
Earnings (loss) per common share—diluted |  |  |  |  |  |  |
Net income (loss) attributable to Callaway Golf Company | $ | 3,060 |  |  | $ | (5,866 | ) |  | $ | 60,192 |  |  | $ | 66,629 |
Weighted-average common shares outstanding—basic | 94,450 |  |  | 94,081 |  |  | 94,246 |  |  | 94,021 |
Options and restricted stock | 2,429 |  |  | — |  |  | 2,097 |  |  | 1,666 |
Weighted-average common shares outstanding—diluted | 96,879 |  |  | 94,081 |  |  | 96,343 |  |  | 95,687 |
Dilutive earnings (loss) per common share | $ | 0.03 |  |  | $ | (0.06 | ) |  | $ | 0.62 |  |  | $ | 0.70 |
For the three months ended September 30, 2017 and 2016, securities outstanding totaling approximately 131,000 shares and 269,000 shares, respectively, comprised of stock options, have been excluded from the calculation of earnings per common share—diluted as their effect would be antidilutive. For the nine months ended September 30, 2017 and 2016, securities outstanding totaling approximately 138,000 shares and 330,000 shares, respectively, comprised of stock options and restricted stock units, have been excluded from the calculation of earnings per common share—diluted as their effect would be antidilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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