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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
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,
 
2020
 
2019
 
2020
 
2019
Earnings (loss) per common share—basic
 
 
 
 
 
 
 
Net income (loss) attributable to Callaway Golf Company
$
52,432

 
$
31,048

 
$
(86,358
)
 
$
108,626

Weighted-average common shares outstanding—basic
94,171

 
94,100

 
94,207

 
94,284

Basic earnings (loss) per common share
$
0.56

 
$
0.33

 
$
(0.92
)
 
$
1.15

Earnings (loss) per common share—diluted
 
 
 
 
 
 
 
Net income (loss) attributable to Callaway Golf Company
$
52,432

 
$
31,048

 
$
(86,358
)
 
$
108,626

Weighted-average common shares outstanding—basic
94,171

 
94,100

 
94,207

 
94,284

Convertible notes weighted-average shares outstanding
924

 

 

 

Outstanding options, restricted stock units and performance share units
1,517

 
2,187

 

 
1,913

Weighted-average common shares outstanding—diluted
96,612

 
96,287

 
94,207

 
96,197

Diluted earnings (loss) per common share
$
0.54

 
$
0.32

 
$
(0.92
)
 
$
1.13