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Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Valuation of Foreign Currency Exchange Contracts by Pricing Levels

The following table summarizes the valuation of the Company’s foreign currency forward contracts and interest rate hedge agreements (see Note 15) that are measured at fair value on a recurring basis, and are classified within Level 2 of the fair value hierarchy as of September 30, 2022 and December 31, 2021 (in millions):

			Fair Value												Level 2
September 30, 2022
Foreign currency forward contracts—asset position			$	12.3											$	12.3
Foreign currency forward contracts—liability position			(1.1)												(1.1)
Interest rate hedge agreements—asset position			7.1												7.1
			$	18.3											$	18.3
December 31, 2021
Foreign currency forward contracts—asset position			$	0.3											$	0.3
Foreign currency forward contracts—liability position			(0.2)												(0.2)
Interest rate hedge agreements—liability position			(8.7)												(8.7)
			$	(8.6)											$	(8.6)

Fair Value Relating to Financial Assets and Liabilities

			September 30, 2022												December 31, 2021
			(in millions)
			Carrying Value						Fair Value						Carrying Value						Fair  Value
U.S. Asset-Based Revolving Credit Facility			$	65.0					$	65.0					$	9.1					$	9.1
2022 Japan ABL Facility			$	34.6					$	34.6					$	—					$	—
Japan Term Loan			$	—					$	—					$	13.0					$	12.2
Term Loan			$	433.2					$	431.7					$	436.8					$	437.5
Topgolf Term Loan			$	337.8					$	336.1					$	340.4					$	346.1
Convertible Notes			$	258.3					$	338.7					$	258.8					$	444.4
Equipment Notes			$	23.5					$	19.7					$	31.1					$	30.2
Mortgage Loans			$	46.0					$	54.1					$	46.4					$	52.3

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- Definition

Tabular disclosure of the carrying value and fair value of financial instruments.

+ References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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