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Restructuring | 12 Months Ended
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Dec. 31, 2024
Restructuring and Related Activities [Abstract] |
Restructuring | Restructuring 2023 Restructuring Plan During 2023, we initiated a reorganization and restructuring plan in order to improve the organizational structure and increase operational efficiencies for certain businesses and functions within our Active Lifestyle and Topgolf operating segments (the “2023 Restructuring Plan”). The 2023 Restructuring Pla n was completed in December 2024, a nd we incurred $33.6 million in total costs under the 2023 Restructuring Plan, of which $28.2 million and $5.4 million were incurred in our Active Lifestyle and Topgolf segments, respectively. The table below summarizes the costs incurred under the 2023 Restructuring Plan which were recognized within cost of products, selling, general and administrative expenses, and research and development expenses in the consolidated statement of operations for the periods presented (in millions):
| Years Ended December 31,
| 2024 |  | 2023
Employee termination & severance | $ | 13.1 |  |  | $ | 11.8 |
PP&E and lease disposal costs | 4.0 |  |  | 0.4 |
Legal & other | 4.2 |  |  | 0.1 |
Total Restructuring | $ | 21.3 |  |  | $ | 12.3 |
The following table summarizes the remaining restructuring liability related to the 2023 Restructuring Plan that is included in accounts payable and accrued expenses, accrued employee compensation and benefits, and other current liabilities on the consolidated balance sheet as of the periods presented below (in millions):
| Employee Termination costs |  | PP&E disposals and lease termination costs |  | Legal & Other costs |  | Total
Balance at December 31, 2023 | $ | 3.2 |  |  | $ | — |  |  | $ | 0.8 |  |  | $ | 4.0 |
Additions | 13.6 |  |  | 3.9 |  |  | 4.2 |  |  | 21.7 |
Payments | (6.0) |  |  | (0.7) |  |  | (1.4) |  |  | (8.1) |
Non-Cash Adjustments | (0.6) |  |  | (2.8) |  |  | (0.4) |  |  | (3.8) |
Balance at December 31, 2024 | $ | 10.2 |  |  | $ | 0.4 |  |  | $ | 3.2 |  |  | $ | 13.8 |
Additions to the restructuring liability during the period represent additional identified costs and obligations as part of the ongoing restructuring plan associated with our Jack Wolfskin business in our Active Lifestyle segment. Separation Transformation Plan During 2024, and in connection with the September 2024 announcement of our intended separation of the Topgolf business, we initiated a separation transformation plan which is intended to optimize organizational efficiencies and decrease operating costs under the business structure that is anticipated after the separation from Topgolf. In connection with this plan, we have incurred costs of $1.4 million for the year ended December 31, 2024, which were primarily related to employee termination and severance costs in ou r Golf Equipment segment. We expect to incur a total of approximately $10.0 million to $20.0 million in costs related to this transformation plan, which we expect to be complete by the end of 2025. As of December 31, 2024, $0.6 million in employee termination & severance benefits costs related to this transformation plan were included in accounts payable and accrued expenses, accrued employee compensation and benefits, and other current liabilities on the consolidated balance sheet.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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