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Earnings (Loss) per Common Share | 6 Months Ended
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Jun. 30, 2018
Earnings Per Share [Abstract] |
Earnings (Loss) per Common Share | Note 5. Earnings 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 outstanding securities were exercised. Dilutive securities are included in the calculation of diluted earnings per common share using the treasury stock method in accordance with ASC Topic 260, “Earnings per Share.” Dilutive securities include outstanding 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 13). 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 June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Earnings per common share—basic |  |  |  |  |  |  |
Net income | $ | 60,934 |  |  | $ | 31,474 |  |  | $ | 123,665 |  |  | $ | 57,354 |
Less: Net income (loss) attributable to non-controlling interests | 67 |  |  | 31 |  |  | (57 | ) |  | 222 |
Net income attributable to Callaway Golf Company | $ | 60,867 |  |  | $ | 31,443 |  |  | $ | 123,722 |  |  | $ | 57,132 |
Weighted-average common shares outstanding—basic | 94,367 |  |  | 94,213 |  |  | 94,670 |  |  | 94,142 |
Basic earnings per common share | $ | 0.65 |  |  | $ | 0.33 |  |  | $ | 1.31 |  |  | $ | 0.61 |
Earnings per common share—diluted |  |  |  |  |  |  |
Net income attributable to Callaway Golf Company | $ | 60,867 |  |  | $ | 31,443 |  |  | $ | 123,722 |  |  | $ | 57,132 |
Weighted-average common shares outstanding—basic | 94,367 |  |  | 94,213 |  |  | 94,670 |  |  | 94,142 |
Outstanding options, restricted stock units and performance share units | 2,561 |  |  | 1,984 |  |  | 2,311 |  |  | 1,931 |
Weighted-average common shares outstanding—diluted | 96,928 |  |  | 96,197 |  |  | 96,981 |  |  | 96,073 |
Dilutive earnings per common share | $ | 0.63 |  |  | $ | 0.33 |  |  | $ | 1.28 |  |  | $ | 0.59 |
For the three and six months ended June 30, 2017, securities outstanding totaling approximately 131,000 shares and 141,000 shares, respectively, comprised of stock options, have been excluded from the calculation of earnings per common share—diluted as their effect would be antidilutive. There were no securities excluded from the calculation of earnings per common share—diluted for the three and six months ended June 30, 2018.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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