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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2022
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 millions):
|  | Topgolf |  | Golf Equipment |  | Active Lifestyle |  |  |  | Total
Balance at December 31, 2021 |  | $ | 1,340.7 |  |  | $ | 531.1 |  |  | $ | 88.3 |  |  |  |  |  | $ | 1,960.1 |
Additions |  | 14.3 |  |  | 0.2 |  |  | — |  |  |  |  |  | $ | 14.5 |
Foreign currency translation and other |  | 9.1 |  |  | (1.0) |  |  | — |  |  |  |  |  | $ | 8.1 |
Balance at June 30, 2022 |  | $ | 1,364.1 |  |  | $ | 530.3 |  |  | $ | 88.3 |  |  |  |  |  | $ | 1,982.7 |
Intangible Assets by Major Asset Class | The Company’s intangible assets by major asset class are as follows (in millions, except useful life amounts):
| Useful Life (Years) |  | June 30, 2022 |  |
| Gross |  | Accumulated Amortization |  | Translation Adjustment |  | Net Book Value |  |  |  |  |  |  |  |
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name, trademark, trade dress and other | — |  | $ | 1,441.0 |  |  | $ | — |  |  | $ | (32.4) |  |  | $ | 1,408.6 |  |  |  |  |  |  |  |  |  |  |  |  |
Liquor licenses | — |  | 8.4 |  |  | — |  |  | — |  |  | 8.4 |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizing: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 2-16 |  | 32.0 |  |  | (31.7) |  |  | — |  |  | 0.3 |  |  |  |  |  |  |  |  |  |  |  |  |
Customer and distributor relationships and other | 1-10 |  | 67.4 |  |  | (30.9) |  |  | (4.4) |  |  | 32.1 |  |  |  |  |  |  |  |  |  |  |  |  |
Developed technology | 10 |  | 69.7 |  |  | (9.0) |  |  | (2.9) |  |  | 57.8 |  |  |  |  |  |  |  |  |  |  |  |  |
Total intangible assets |  |  | $ | 1,618.5 |  |  | $ | (71.6) |  |  | $ | (39.7) |  |  | $ | 1,507.2 |  |  |  |  |  |  |  |  |  |  |  |  |
| Useful Life (Years) |  | December 31, 2021
| Gross |  | Accumulated Amortization |  |  |  | Translation Adjustment |  | Net Book Value
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name, trademark, trade dress and other | — |  | $ | 1,441.0 |  |  | $ | — |  |  |  |  |  |  | $ | (15.8) |  |  | $ | 1,425.2 |
Liquor licenses | — |  | 7.7 |  |  | — |  |  |  |  |  |  | — |  |  | 7.7 |
Amortizing: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 2-16 |  | 32.0 |  |  | (31.7) |  |  |  |  |  |  | — |  |  | 0.3 |
Customer and distributor relationships and other | 1-10 |  | 61.7 |  |  | (27.4) |  |  |  |  |  |  | (2.3) |  |  | 32.0 |
Developed technology | 10 |  | 69.7 |  |  | (5.5) |  |  |  |  |  |  | (0.8) |  |  | 63.4 |
Total intangible assets |  |  | $ | 1,612.1 |  |  | $ | (64.6) |  |  |  |  |  |  | $ | (18.9) |  |  | $ | 1,528.6 |
Amortization Expense Related to Intangible Assets | Amortization expense related to intangible assets at June 30, 2022 in each of the next five fiscal years and beyond is expected to be incurred as follows (in millions):
Remainder of 2022 | $ | 8.7 |
2023 | 14.0 |
2024 | 11.2 |
2025 | 11.1 |
2026 | 11.1 |
Thereafter | 34.1 |
| $ | 90.2 |

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