XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 262,654 $ 243,604 $ 1,062,156 $ 857,079
Cost of sales 147,415 138,702 553,758 456,297
Gross profit 115,239 104,902 508,398 400,782
Operating expenses:        
Selling expense 68,605 65,754 234,826 205,618
General and administrative expense 26,706 23,957 73,008 68,976
Research and development expense 9,229 9,154 29,561 26,899
Total operating expenses 104,540 98,865 337,395 301,493
Income from operations 10,699 6,037 171,003 99,289
Interest income 70 63 485 399
Interest expense (1,126) (705) (4,730) (2,306)
Other income (expense), net 1,432 (820) 2,448 (6,197)
Income before income taxes 11,075 4,575 169,206 91,185
Income tax provision 1,335 1,486 35,801 30,742
Net income 9,740 3,089 133,405 60,443
Less: Net income attributable to non-controlling interest 223 29 166 251
Net income attributable to Callaway Golf Company $ 9,517 $ 3,060 $ 133,239 $ 60,192
Earnings per common share:        
Basic (usd per share) $ 0.10 $ 0.03 $ 1.41 $ 0.64
Diluted (usd per share) $ 0.10 $ 0.03 $ 1.37 $ 0.62
Weighted-average common shares outstanding:        
Basic (in shares) 94,477 94,450 94,605 94,246
Diluted (in shares) 97,320 96,879 97,076 96,343