XML 138 R122.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Information - Information Utilized by Management to Evaluate Operating Segments (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Total net revenues $ 4,239.3 $ 4,284.8 $ 3,995.7
Other venue expense 1,303.5 1,252.3 1,076.9
Selling, general and administrative expense 1,045.7 1,036.6 970.6
Research and development expense 92.1 101.6 76.4
Venue pre-opening costs 14.8 25.9 30.4
Topgolf Goodwill and intangible assets impairment (1,452.0) 0.0 0.0
Total operating (loss) income (1,257.2) 237.7 256.8
Interest expense, net (231.2) (210.2) (142.8)
Other income, net 15.2 7.3 27.9
Segment operating income (1,473.2) 34.8 141.9
Depreciation and amortization 268.4 239.7 192.8
Topgolf      
Segment Reporting Information [Line Items]      
Total net revenues 1,809.4 1,761.0 1,549.0
Golf Equipment      
Segment Reporting Information [Line Items]      
Total net revenues 1,382.0 1,387.5 1,406.6
Active Lifestyle      
Segment Reporting Information [Line Items]      
Total net revenues 1,047.9 1,136.3 1,040.1
Operating Segments      
Segment Reporting Information [Line Items]      
Total operating (loss) income 380.2 419.1 405.6
Operating Segments | Topgolf      
Segment Reporting Information [Line Items]      
Total net revenues 1,809.4 1,761.0 1,549.0
Cost of services, excluding depreciation and amortization 196.4 196.1 194.7
Other venue expense 1,297.6 1,241.7 1,062.2
Selling, general and administrative expense 170.1 170.3 170.6
Research and development expense 16.3 18.2 14.3
Venue pre-opening costs 14.8 25.9 30.4
Segment operating income 114.2 108.8 76.8
Depreciation and amortization 214.0 183.9  
Operating Segments | Golf Equipment      
Segment Reporting Information [Line Items]      
Total net revenues 1,382.0 1,387.5 1,406.6
Cost of products 833.3 828.3 805.7
Selling, general and administrative expense 313.9 316.5 304.9
Research and development expense 51.2 49.4 44.6
Segment operating income 183.6 193.3 251.4
Depreciation and amortization 18.7 19.7  
Operating Segments | Active Lifestyle      
Segment Reporting Information [Line Items]      
Total net revenues 1,047.9 1,136.3 1,040.1
Cost of products 554.0 605.5 584.6
Selling, general and administrative expense 392.4 393.6 360.6
Research and development expense 19.1 20.2 17.5
Segment operating income 82.4 117.0 77.4
Depreciation and amortization 35.7 36.1  
Reconciling items      
Segment Reporting Information [Line Items]      
Topgolf Goodwill and intangible assets impairment (1,452.0) 0.0 0.0
Unallocated other corporate expenses (185.4) (181.4) (148.8)
Total Reconciling items: (1,637.4) (181.4) (148.8)
Total operating (loss) income (1,257.2) 237.7 256.8
Interest expense, net (231.2) (210.2) (142.8)
Other income, net 15.2 7.3 27.9
Segment operating income $ (1,473.2) $ 34.8 $ 141.9