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Earnings per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2018
Equity [Abstract] |
Computation of Basic and Diluted Earnings (Loss) Per Share | The following table summarizes the computation of basic and diluted earnings per share:
| Years Ended December 31,
| 2018 |  | 2017 |  | 2016(1)
| (In thousands, except per share data)
Earnings per common share—basic |  |  |  |  |
Net income attributable to Callaway Golf Company | $ | 104,740 |  |  | $ | 40,806 |  |  | $ | 189,900 |
Weighted-average common shares outstanding—basic | 94,579 |  |  | 94,329 |  |  | 94,045 |
Basic earnings per common share | $ | 1.11 |  |  | $ | 0.43 |  |  | $ | 2.02 |
Earnings per common share—diluted |  |  |  |  |
Net income attributable to Callaway Golf Company | $ | 104,740 |  |  | $ | 40,806 |  |  | $ | 189,900 |
Weighted-average common shares outstanding—basic | 94,579 |  |  | 94,329 |  |  | 94,045 |
Options and restricted stock | 2,574 |  |  | 2,248 |  |  | 1,800 |
Weighted-average common shares outstanding—diluted | 97,153 |  |  | 96,577 |  |  | 95,845 |
Diluted earnings per common share(1) | $ | 1.08 |  |  | $ | 0.42 |  |  | $ | 1.98 |
(1) | During the fourth quarter of 2016, the Company reversed a significant portion of the valuation allowance on its U.S. deferred tax assets. This resulted in a favorable impact to net income of $156,600,000 ($1.63 per share), partially offset by $15,974,000 ($0.16 per share) as the result of the recognition of income taxes that were retroactive for all of 2016 on the Company's U.S. business (see Note 11). In addition, net income for 2016 includes a $17,662,000 ($0.18 per share) pre-tax gain from the sale of approximately 10.0% of the Company's investment in Topgolf (see Note 8).

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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