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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
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):
|  |  |  | Golf Equipment |  | Active Lifestyle |  |  |  | Total
Balance at December 31, 2024 |  |  |  | $ | 530.3 |  |  | $ | 89.9 |  |  |  |  |  | $ | 620.2 |
Disposals (1) |  |  |  | — |  |  | (1.5) |  |  |  |  |  | (1.5) |
Foreign currency translation and other |  |  |  | 1.3 |  |  | (0.1) |  |  |  |  |  | 1.2 |
Balance at June 30, 2025 |  |  |  | $ | 531.6 |  |  | $ | 88.3 |  |  |  |  |  | $ | 619.9 |
(1) Represents goodwill associated with the sale of the Jack Wolfskin business completed during the second quarter of 2025 (see Note 3).
Schedule of Intangible Assets by Major Asset Class | Intangible assets by major asset class are as follows (in millions, except useful life amounts):
| Indefinite-lived: |  | Amortizing: |  |  |  |
| Trade names 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, 2024 | $ | 1,338.7 |  |  | $ | 10.7 |  |  | $ | 32.5 |  |  | $ | 75.4 |  |  | $ | 63.4 |  |  | $ | 1,520.7 |  |  |  |  |  |  |  |  |  |  |  |  |
Acquisitions | 0.3 |  |  | 0.1 |  |  | 0.4 |  |  | — |  |  | — |  |  | 0.8 |  |  |  |  |  |  |  |  |  |  |  |  |
Disposals (1) | (228.4) |  |  | — |  |  | — |  |  | (41.9) |  |  | — |  |  | (270.3) |  |  |  |  |  |  |  |  |  |  |  |  |
Impairment | — |  |  | (0.2) |  |  | — |  |  | — |  |  | — |  |  | (0.2) |  |  |  |  |  |  |  |  |  |  |  |  |
Gross as of June 30, 2025 | $ | 1,110.6 |  |  | $ | 10.6 |  |  | $ | 32.9 |  |  | $ | 33.5 |  |  | $ | 63.4 |  |  | $ | 1,251.0 |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated amortization | — |  |  | — |  |  | (32.0) |  |  | (49.7) |  |  | (28.4) |  |  | $ | (110.1) |  |  |  |  |  |  |  |  |  |  |  |  |
Disposals (1) | — |  |  | — |  |  | — |  |  | 24.3 |  |  | — |  |  | 24.3 |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency and other | — |  |  | — |  |  | 0.1 |  |  | (0.1) |  |  | (1.7) |  |  | (1.7) |  |  |  |  |  |  |  |  |  |  |  |  |
Net book value, June 30, 2025 | $ | 1,110.6 |  |  | $ | 10.6 |  |  | $ | 1.0 |  |  | $ | 8.0 |  |  | $ | 33.3 |  |  | $ | 1,163.5 |  |  |  |  |  |  |  |  |  |  |  |  |
Gross as of December 31, 2024 | $ | 1,338.7 |  |  | $ | 10.7 |  |  | $ | 32.5 |  |  | $ | 75.4 |  |  | $ | 63.4 |  |  | $ | 1,520.7 |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated amortization | — |  |  | — |  |  | (32.0) |  |  | (48.1) |  |  | (25.5) |  |  | (105.6) |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency and other | (34.8) |  |  | — |  |  | — |  |  | (4.5) |  |  | (3.2) |  |  | (42.5) |  |  |  |  |  |  |  |  |  |  |  |  |
Net book value, December 31, 2024 | $ | 1,303.9 |  |  | $ | 10.7 |  |  | $ | 0.5 |  |  | $ | 22.8 |  |  | $ | 34.7 |  |  | $ | 1,372.6 |  |  |  |  |  |  |  |  |  |  |  |  |
(1) Represents intangible asset amounts disposed of in connection with the sale of the Jack Wolfskin business which was completed during the second quarter of 2025 (see Note 3). |  |  |  |  |  |  |  |  |  |  |  |
Schedule of Amortization Expense Related to Intangible Assets | As of June 30, 2025, intangible asset amortization expense is expected to be incurred for the periods presented as follows (in millions):
Remainder of 2025 | $ | 3.6 |
2026 | 7.2 |
2027 | 6.9 |
2028 | 6.6 |
2029 | 6.5 |
Thereafter | 10.1 |
Total | $ | 40.9 |

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