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Segment Information | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Segment Information | Segment Information We have three operating and reportable segments: •Topgolf, which is primarily comprised of service revenues and expenses from our Company-operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game; •Golf Equipment, which is comprised of product revenues and expenses that encompass golf club and golf ball products, including Callaway Golf-branded woods, hybrids, irons, wedges, and packaged sets, Odyssey putters, Callaway Golf and Strata-branded golf balls and sales of pre-owned golf clubs; and •Activ e Lifestyle, which is comprised of product revenues and expenses for the Jack Wolfskin outdoor apparel, gear and accessories business, the TravisMathew golf and lifestyle apparel and accessories business, the Callaway soft goods business and the OGIO business, which consists of golf apparel and accessories (including golf bags), and storage gear for sport and personal use. This segment also includes royalties from licensing of our trademarks and service marks for various soft goods products. There were no significant intersegment transactions during the three and six months ended June 30, 2024 or 2023. The following table contains information utilized by management to evaluate our operating segments for the interim periods presented (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net revenues: |  |  |  |  |  |  |
Topgolf | $ | 494.4 |  |  | $ | 470.8 |  |  | $ | 917.2 |  |  | $ | 874.3 |
Golf Equipment | 413.8 |  |  | 451.0 |  |  | 863.7 |  |  | 894.7 |
Active Lifestyle | 249.6 |  |  | 257.9 |  |  | 521.1 |  |  | 578.1 |
Total net revenues | $ | 1,157.8 |  |  | $ | 1,179.7 |  |  | $ | 2,302.0 |  |  | $ | 2,347.1 |
Segment operating income: |  |  |  |  |  |  |
Topgolf | $ | 56.1 |  |  | $ | 44.0 |  |  | $ | 59.0 |  |  | $ | 46.8 |
Golf Equipment | 77.4 |  |  | 96.4 |  |  | 159.5 |  |  | 178.0 |
Active Lifestyle | 14.7 |  |  | 19.5 |  |  | 39.4 |  |  | 56.8 |
Total segment operating income | 148.2 |  |  | 159.9 |  |  | 257.9 |  |  | 281.6 |
Reconciling items(1) | (45.2) |  |  | (43.9) |  |  | (88.0) |  |  | (85.1) |
Total operating income | 103.0 |  |  | 116.0 |  |  | 169.9 |  |  | 196.5 |
Interest expense, net | (57.0) |  |  | (51.7) |  |  | (115.8) |  |  | (101.3) |
Other income, net | 6.4 |  |  | 7.3 |  |  | 9.8 |  |  | (2.8) |
Total income before income taxes | $ | 52.4 |  |  | $ | 71.6 |  |  | $ | 63.9 |  |  | $ | 92.4 |
Additions to property, plant, and equipment: |  |  |  |  |  |  |
Topgolf (2) | $ | 65.6 |  |  | $ | 123.3 |  |  | $ | 129.7 |  |  | $ | 256.5 |
Golf Equipment | 2.4 |  |  | 7.9 |  |  | 3.8 |  |  | 11.3 |
Active Lifestyle | 8.6 |  |  | 2.1 |  |  | 12.3 |  |  | 5.5 |
Corporate | 6.7 |  |  | 23.4 |  |  | 12.5 |  |  | 37.6 |
Total additions to long-lived assets | $ | 83.3 |  |  | $ | 156.7 |  |  | $ | 158.3 |  |  | $ | 310.9 |
(1) Reconciling items include corporate general and administrative expenses not utilized by management in determining segment profitability, including the amortization of acquired intangible assets, other non-recurring costs associated with our debt modifications, restructuring, integration of new IT systems stemming from acquisitions, and cybersecurity costs.
(2) Amounts for the six months ended June 30, 2024 include property, plant and equipment in connection with the acquisition of BigShots (see Note 3.)

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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