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Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The Company's debt obligations are summarized as follows (in thousands):

						September 30, 2021																								December 31, 2020
						Maturity Date						Interest Rate						Unamortized Debt Issuance Costs						Carrying Value						Carrying Value
Short-Term Credit Facilities
U.S. Asset-Based Revolving Credit Facility						May 17, 2024						3.00		%				$	1,134					$	30,108					$	22,130
Japan ABL Facility						January 21, 2022						1.28		%				—						—						—
																		$	1,134					$	30,108					$	22,130
Balance Sheet Location
Prepaid expenses																		$	1,047					$	—					$	—
Other long-term assets																		87						—						—
Asset-based credit facilities																		—						30,108						22,130
																		$	1,134					$	30,108					$	22,130
						September 30, 2021																								December 31, 2020
						Maturity Date						Interest Rate						Unamortized Original Issuance Discount and Debt Issuance Costs						Carrying Value, net						Carrying Value, net
Long-Term Debt and Credit Facility
Japan Term Loan Facility						July 31, 2025						0.86		%				$	—					$	14,379					$	18,390
Term Loan B Facility						January 4, 2026						4.59		%				16,217						421,783						428,150
Topgolf Term Loan						February 8, 2026						7.00		%				6,654						334,596						—
Topgolf Revolving Credit Facility						February 8, 2024						4.75		%				6,444						28,556						—
Convertible Notes						May 1, 2026						2.75		%				67,216						191,534						183,126
Equipment Notes						December 27, 2022 - March 19, 2027						2.36% - 3.79%						—						25,546						31,822
Mortgage Loans						July 1, 2033 - July 29, 2036						9.75% - 11.31%						—						46,522						—
Financed Tenant Improvements						February 1, 2035						8.00		%				—						3,689						3,801
																		$	96,531					$	1,066,605					$	665,289
Balance Sheet Location
Other current liabilities																		$	3,816					$	17,586					$	—
Accrued expenses																		—						—						14,725
Long-term debt																		92,715						1,049,019						650,564
																		$	96,531					$	1,066,605					$	665,289

Schedule of Aggregate Amount of Maturities for Debt

The following table presents the Company's combined aggregate amount of maturities for the Company's long-term debt over the next five years and thereafter as of September 30, 2021. Amounts payable under the ABL Facility are excluded from this table as they are short-term in nature. Amounts payable under the Term Loan Facility included below represent the minimum principal repayment obligations. As of September 30, 2021, the Company does not anticipate excess cash flow repayments as defined by the Term Loan Facility.

						(in thousands)
Remainder of 2021						$	5,254
2022						21,232
2023						18,575
2024						52,352
2025						14,155
Thereafter						1,051,568
						$	1,163,136

X

- Definition

Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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