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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
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 |
Acquisitions |  | 14.3 |  |  | 0.2 |  |  | 1.5 |  |  |  |  |  | 16.0 |
Foreign currency translation and other |  | 8.6 |  |  | (1.0) |  |  | — |  |  |  |  |  | 7.6 |
Balance at December 31, 2022 |  | $ | 1,363.6 |  |  | $ | 530.3 |  |  | $ | 89.8 |  |  |  |  |  | $ | 1,983.7 |
Acquisitions |  | 4.4 |  |  | — |  |  | — |  |  |  |  |  | 4.4 |
Foreign currency translation and other |  | — |  |  | 0.4 |  |  | 0.2 |  |  |  |  |  | 0.6 |
Balance at December 31, 2023 |  | $ | 1,368.0 |  |  | $ | 530.7 |  |  | $ | 90.0 |  |  |  |  |  | $ | 1,988.7 |
Intangible Assets by Major Asset Class | Intangible assets by major asset class for the periods presented in the table below were (in millions, except useful life years):
| Indefinite-lived: |  | Amortizing: |  |
| Tradename and Trademarks |  | Liquor Licenses |  | Patents |  | Customer/ Distributor Relationships and Other |  | Developed Technology |  | Total
Useful Life (Years) | NA |  | NA |  | 2 - 16 |  | 1 - 10 |  | 10 |  |
Gross as of December 31, 2022 | $ | 1,441.0 |  |  | $ | 8.9 |  |  | $ | 32.2 |  |  | $ | 67.4 |  |  | $ | 69.7 |  |  | $ | 1,619.2 |
Acquisitions | 2.8 |  |  | 0.6 |  |  | 0.1 |  |  | 4.7 |  |  | — |  |  | 8.2 |
Gross as of December 31, 2023 | $ | 1,443.8 |  |  | $ | 9.5 |  |  | $ | 32.3 |  |  | $ | 72.1 |  |  | $ | 69.7 |  |  | $ | 1,627.4 |
Accumulated amortization | — |  |  | — |  |  | (31.9) |  |  | (43.1) |  |  | (18.9) |  |  | (93.9) |
Foreign currency translation and other | (22.0) |  |  | — |  |  | — |  |  | (3.5) |  |  | (2.5) |  |  | (28.0) |
Net book value, December 31, 2023 | $ | 1,421.8 |  |  | $ | 9.5 |  |  | $ | 0.4 |  |  | $ | 25.5 |  |  | $ | 48.3 |  |  | $ | 1,505.5 |
Gross as of December 31, 2021 | $ | 1,441.0 |  |  | $ | 7.7 |  |  | $ | 32.0 |  |  | $ | 61.7 |  |  | $ | 69.7 |  |  | $ | 1,612.1 |
Acquisitions | — |  |  | 1.2 |  |  | 0.2 |  |  | 5.7 |  |  | — |  |  | 7.1 |
Gross as of December 31, 2022 | $ | 1,441.0 |  |  | $ | 8.9 |  |  | $ | 32.2 |  |  | $ | 67.4 |  |  | $ | 69.7 |  |  | $ | 1,619.2 |
Accumulated amortization | — |  |  | — |  |  | (31.8) |  |  | (35.8) |  |  | (12.2) |  |  | (79.8) |
Foreign currency translation and other | (28.3) |  |  | — |  |  | — |  |  | (4.2) |  |  | (3.2) |  |  | (35.7) |
Net book value, December 31, 2022 | $ | 1,412.7 |  |  | $ | 8.9 |  |  | $ | 0.4 |  |  | $ | 27.4 |  |  | $ | 54.3 |  |  | $ | 1,503.7 |
Amortization Expense Related to Intangible Assets | As of December 31, 2023, amortization expense related to intangible assets in each of the next five fiscal years and beyond is expected to be as follows (in millions):
2024 | $ | 11.6 |
2025 | 11.5 |
2026 | 11.5 |
2027 | 11.2 |
2028 | 10.9 |
Thereafter | 17.5 |
Total | $ | 74.2 |

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