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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in the carrying amount of goodwill by operating and reportable segment are as follows (in thousands):
|  | Golf Equipment |  | Apparel, Gear and Other |  |  |  | Topgolf |  | Total
Balance at December 31, 2020 |  | $ | 27,025 |  |  | $ | 29,633 |  |  |  |  |  |  | $ | — |  |  | $ | 56,658 |
Acquisitions |  | 504,568 |  |  | 58,652 |  |  |  |  |  |  | 1,402,101 |  |  | 1,965,321 |
Impairments |  | — |  |  | — |  |  |  |  |  |  | — |  |  | — |
Foreign currency translation |  | (71) |  |  | — |  |  |  |  |  |  | — |  |  | (71) |
Balance at June 30, 2021 |  | $ | 531,522 |  |  | $ | 88,285 |  |  |  |  |  |  | $ | 1,402,101 |  |  | $ | 2,021,908 |
Intangible Assets by Major Asset Class | The following sets forth the intangible assets by major asset class (dollars in thousands):
| Useful Life (Years) |  | June 30, 2021 |  |
| Gross(1) |  | Accumulated Amortization |  | Translation Adjustment |  | Net Book Value |  |  |  |  |  |  |  |
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name, trademark, trade dress and other | NA |  | $ | 1,441,003 |  |  |  | $ | — |  |  |  |  | $ | 6,695 |  |  |  | $ | 1,434,308 |  |  |  |  |  |  |  |  |  |  |  |  |
Liquor licenses | NA |  | 7,452 |  |  |  | — |  |  |  |  | — |  |  |  | 7,452 |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizing: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 2-16 |  | 32,041 |  |  |  | 31,617 |  |  |  |  | — |  |  |  | 424 |  |  |  |  |  |  |  |  |  |  |  |  |
Customer and distributor relationships and other | 1-10 |  | 61,377 |  |  |  | 23,278 |  |  |  |  | 1,021 |  |  |  | 37,078 |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology | 10 |  | 79,994 |  |  |  | 2,496 |  |  |  |  | 123 |  |  |  | 77,375 |  |  |  |  |  |  |  |  |  |  |  |  |
Total intangible assets |  |  | $ | 1,621,867 |  |  |  | $ | 57,391 |  |  |  |  | $ | 7,839 |  |  |  | $ | 1,556,637 |  |  |  |  |  |  |  |  |  |  |  |  |
| Useful Life (Years) |  | December 31, 2020
| Gross |  | Accumulated Amortization |  |  |  | Net Book Value
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name, trademark, trade dress and other | NA |  | $ | 446,803 |  |  |  | $ | — |  |  |  |  |  |  |  | $ | 446,803 |
Amortizing: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 2-16 |  | 31,581 |  |  |  | 31,581 |  |  |  |  |  |  |  | — |
Customer and distributor relationships and other | 1-10 |  | 57,309 |  |  |  | 19,773 |  |  |  |  |  |  |  | 37,536 |
Total intangible assets |  |  | $ | 535,693 |  |  |  | $ | 51,354 |  |  |  |  |  |  |  | $ | 484,339 |
(1) The gross balance of intangible assets as of June 30, 2021 includes additions of $1,001,600,000 and $84,528,000 in indefinite-lived and amortizing intangible assets, respectively, related to the Topgolf merger that was completed on March 8, 2021.
Amortization Expense Related to Intangible Assets | Amortization expense related to intangible assets at June 30, 2021 in each of the next five fiscal years and beyond is expected to be incurred as follows (in thousands):
Remainder of 2021 | $ | 10,522 |
2022 | 14,348 |
2023 | 12,675 |
2024 | 12,532 |
2025 | 12,454 |
Thereafter | 52,346 |
| $ | 114,877 |

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