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v3.26.1

Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents our net sales disaggregated by operating and reportable segment and major category (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Net Sales by Operating and Reportable Segment and Major Category |  |  |  |  |  |  |
Golf Equipment: |  |  |  |  |  |  |
Golf clubs | $ | 316.5 |  |  | $ | 312.7 |  |  | $ | 697.1 |  |  | $ | 652.7 |
Golf balls | 113.8 |  |  | 99.1 |  |  | 219.4 |  |  | 203.0 |
Total Golf Equipment | $ | 430.3 |  |  | $ | 411.8 |  |  | $ | 916.5 |  |  | $ | 855.7 |
Apparel, Gear and Other: |  |  |  |  |  |  |
Apparel | $ | 105.2 |  |  | $ | 104.3 |  |  | $ | 207.9 |  |  | $ | 202.3 |
Gear, accessories & other | 76.7 |  |  | 84.3 |  |  | 175.3 |  |  | 172.0 |
Total Apparel, Gear and Other | $ | 181.9 |  |  | $ | 188.6 |  |  | $ | 383.2 |  |  | $ | 374.3 |
Total Consolidated | $ | 612.2 |  |  | $ | 600.4 |  |  | $ | 1,299.7 |  |  | $ | 1,230.0 |
The following table summarizes sales by geographical region (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Net Sales by Major Geographic Region: |  |  |  |  |  |  |
United States | $ | 414.7 |  |  | $ | 401.1 |  |  | $ | 863.5 |  |  | $ | 817.2 |
Europe | 64.8 |  |  | 64.6 |  |  | 148.0 |  |  | 128.9 |
Asia | 90.3 |  |  | 91.9 |  |  | 193.9 |  |  | 198.7 |
Rest of World | 42.4 |  |  | 42.8 |  |  | 94.3 |  |  | 85.2 |
Total Consolidated | $ | 612.2 |  |  | $ | 600.4 |  |  | $ | 1,299.7 |  |  | $ | 1,230.0 |
The following table summarizes the licensing and royalty income recognized in net sales for the periods presented (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Apparel, Gear and Other | $ | 6.1 |  |  | $ | 9.0 |  |  | $ | 15.1 |  |  | $ | 16.1 |
Schedule of Reconciliation of Activity Related to Short-Term Deferred Revenue | The following table provides a reconciliation of activity related to our short-term deferred revenue balance for the periods presented (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Beginning Balance (1) | $ | 15.5 |  |  | $ | 16.2 |  |  | $ | 21.5 |  |  | $ | 15.9 |
Deferral of revenue | 8.0 |  |  | 5.9 |  |  | 14.7 |  |  | 11.4 |
Revenue recognized | (7.6) |  |  | (5.7) |  |  | (20.3) |  |  | (11.0) |
Foreign currency translation and other | — |  |  | (0.1) |  |  | — |  |  | — |
Ending Balance | $ | 15.9 |  |  | $ | 16.3 |  |  | $ | 15.9 |  |  | $ | 16.3 |
(1) Beginning balances for the three months ended June 30, 2026 and 2025 represent ending balances as of March 31, 2026 and 2025, respectively. Beginning balances for the six months ended June 30, 2026 and 2025 represent ending balances as of December 31, 2025 and 2024, respectively.

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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