Business Combinations (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date based on the purchase price allocation (in thousands):



	At January 4, 2019
Assets Acquired
Cash		$	58,096
Accounts receivable		36,521
Inventories		90,849
Other current assets		7,400
Property and equipment		26,180
Deferred tax assets		2,557
Other assets		24
Intangibles - trade name		239,295
Intangibles - franchisee & distributor relationships		38,743
Goodwill		154,234
Total assets acquired		653,899
Liabilities Assumed
Accounts Payable and accrued liabilities		48,487
Deferred tax liabilities		84,210
Net assets acquired		$	521,202

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents supplemental pro-forma information for the three and six months ended June 30, 2019 and 2018 as if the Jack Wolfskin acquisition had occurred on January 1, 2018. These amounts have been calculated after applying the Company's accounting policies and are based upon currently available information. For this analysis, the Company assumed that costs associated with the acquisition, including the amortization of intangible assets and the step-up of inventory, as well as the tax effect on those costs, were recognized as of January 1, 2018. Pre-acquisition net sales and net income amounts for Jack Wolfskin were derived from the books and records of Jack Wolfskin prepared prior to the acquisition and are presented for informational purposes only and do not purport to be indicative of the results of future operations or of the results that would have occurred had the acquisition taken place as of the dates noted below.



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
	(in thousands)
Net sales	$	446,708	$	440,128	$	962,905	$	947,383
Net income attributable to Callaway Golf Company	$	33,684	$	22,649	$	92,261	$	76,529