<SUBMISSION>
<ACCESSION-NUMBER>0001157523-07-009072
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20070910
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20070910
<DATE-OF-FILING-DATE-CHANGE>20070910
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<CONFORMED-NAME>ASHWORTH INC
<CIK>0000820774
<ASSIGNED-SIC>2320
<IRS-NUMBER>841052000
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1031
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<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-14547
<FILM-NUMBER>071108940
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<BUSINESS-ADDRESS>
<STREET1>2765 LOKER AVE WEST
<CITY>CARLSBAD
<STATE>CA
<ZIP>92008
<PHONE>7604386610
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2765 LOKER AVENUE WEST
<CITY>CARLSBAD
<STATE>CA
<ZIP>92008
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<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CHARTER GOLF INC
<DATE-CHANGED>19920703
</FORMER-COMPANY>
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<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a5488968.txt
<DESCRIPTION>ASHWORTH, INC. 8-K
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 or 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


      Date of report (Date of earliest event reported): September 10, 2007

                                 ASHWORTH, INC.
             (Exact Name of Registrant as Specified in Its Charter)



             Delaware               001-14547             84-1052000
 (State or Other Jurisdiction of   (Commission           (IRS Employer
          Incorporation)           File Number)        Identification No.)


                    2765 Loker Avenue West
                     Carlsbad, California                   92010
           (Address of Principal Executive Offices)       (Zip Code)



       Registrant's Telephone Number, Including Area Code: (760) 438-6610

                                       N/A
          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


<PAGE>


Item 2.02      Results of Operations and Financial Condition.

         On September 10, 2007, Ashworth, Inc. (the "Company") issued a press
release announcing the financial results for its third quarter and first nine
months of fiscal year 2007. The Company will hold an earnings call at 4:30 p.m.,
Eastern Time, on September 10, 2007 to review such results. A copy of the press
release is attached hereto as Exhibit 99.1.

Item 9.01      Financial Statements and Exhibits.

       (d)     Exhibits:

       The following exhibit is furnished with this current report on Form 8-K:

Exhibit Number           Description of Exhibit
--------------           ----------------------

99.1                     Ashworth, Inc. press release dated September 10, 2007
                         announcing the financial results for its third quarter
                         and first nine months of fiscal year 2007.


The information in this current report on Form 8-K, including the exhibit
attached hereto, is being furnished and shall not be deemed "filed" for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of such section. The information in this current
report on Form 8-K shall not be incorporated by reference into any registration
statement or other document pursuant to the Securities Act of 1933, as amended,
except as shall be expressly set forth by specific reference in such filing.

<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       ASHWORTH, INC.



Date:  September 10, 2007          By: /s/Eric R. Hohl
                                       ---------------
                                       Eric R. Hohl
                                       Executive Vice President, Chief Financial
                                       Officer and Treasurer





<PAGE>


                                  EXHIBIT INDEX



Exhibit No.                            Description
-----------                            -----------

99.1                Ashworth,  Inc. press release dated September 10, 2007
                    announcing the financial  results for its third quarter and
                    first nine months of fiscal year 2007.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a5488968-ex991.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                                    EXHIBIT 99.1

Ashworth, Inc. Reports Third Quarter and YTD Fiscal 2007 Financial Results

    CARLSBAD, Calif.--(BUSINESS WIRE)--Sept. 10, 2007--Ashworth, Inc.
(NASDAQ: ASHW), a leading designer of on-course golf apparel and
golf-inspired lifestyle sportswear, today announced unaudited
financial results for its third quarter ended July 31, 2007.

    Summary of Third Quarter Results:

    Consolidated net revenue for the third quarter ended July 31, 2007
decreased 6.4% to $49.5 million as compared to $52.8 million for the
third quarter of 2006. The Company reported consolidated third quarter
net loss of $5.7 million, or $0.39 per share, compared to net income
of $0.7 million, or $0.05 per diluted share, for the same quarter of
the prior year. In the third quarter of fiscal 2007, the Company
recorded a tax charge of $1.4 million or $0.10 per diluted share to
establish a valuation allowance against deferred tax assets.

    In the third quarter of fiscal 2007, the Company's consolidated
gross margin decreased 270 basis points to 38.2% as compared to 40.9%
in the third quarter of fiscal 2006. The decrease in consolidated
gross margin was driven significantly by a decrease in revenue without
a commensurate decrease in overhead expenses being applied to cost of
sales.

    Consolidated selling, general and administrative ("SG&A") expenses
increased 10.1% to $21.8 million for the third quarter of fiscal 2007
as compared to $19.8 million for the third quarter of fiscal 2006. The
increase in SG&A expenses was largely due to increased compensation
costs related to retention bonuses, severance, and compensation
expense related to the employment and non-compete agreements entered
into with the principals of Gekko Brands, LLC on June 4, 2007.

    Revenues by Channel/Segment:

    Golf

    Total revenues in the domestic golf channel in the third quarter
remained flat at $17.2 million as compared to the same period last
year. Revenues from the Company's on-course golf retailers, increased
10.1% or $1.2 million in the third quarter of fiscal 2007 compared to
the same period in the prior year. The Company continues to experience
significant competitive pressure and market consolidation within the
off-course channel of distribution.

    Corporate

    Revenues for the corporate distribution channel were $6.3 million,
a decrease of 17.1% as compared to the same period last year. The
decrease in the corporate channel resulted from continued missed sales
opportunities due to out-of-stock positions in selected styles.

    Retail

    Revenues for the retail distribution channel were $1.7 million, a
decrease of 43.7% from third quarter 2006. Consolidation in the retail
market accounted for approximately $0.9 million of the decrease and
approximately $0.5 million of the decrease resulted from the Company's
decision to discontinue selling to selected accounts.

    Collegiate/Racing (The Game(R)/Kudzu(R))

    Third quarter revenues for Gekko Brands, LLC were $12.6 million,
an increase of 5.2% over the third quarter 2006. The increase was
primarily driven by the continued sales growth of Ashworth(R) apparel
through the collegiate/bookstore channel.

    Company-owned Outlet Stores

    Revenues from the Company-owned stores were $3.2 million, an
increase of 11.8% over third quarter 2006. The Company opened three
new outlet stores in the second half of 2006 bringing the Company's
total number of outlet stores to 18. The new outlet stores accounted
for $0.2 million of the sales increase over the third quarter of
fiscal 2006 while sales on a comparable store basis increased 7.4%.
Much of the increase was due to the promotional initiatives
implemented by the Company.

    International

    Revenues from the international segment decreased 16.9% to $8.5
million, a decrease of $1.7 million over the same period last year.
Revenues were significantly lower in Europe largely due a decrease in
market penetration consisting primarily of a reduction in the number
of doors shipped.

    Balance Sheet:

    Net accounts receivable decreased 20.3% from the prior year, while
revenues decreased 6.4% for the third quarter. The $8.0 million
decrease in net accounts receivable was primarily due to a decrease in
sales of $5.3 million in the Company's domestic golf, retail and
corporate distribution channels during the nine months ended July 31,
2007 and $2.7 million was due to the timing of shipments. Net
inventory increased 1.2% to $53.6 million as of July 31, 2007 as
compared with the same period last year.

    The Company was in compliance with the financial covenants
provisions of its line of credit agreement with its lenders as of July
31, 2007.

    Income Taxes:

    During the financial close for the quarter ended July 31, 2007,
the Company performed its quarterly assessment of its net deferred tax
assets in accordance with Statement of Financial Accounting Standard
No. 109, Accounting for Income Taxes ("SFAS 109"). SFAS 109 limits the
ability to use future taxable income to support the realization of
deferred tax assets when a company has experienced recent losses even
if anticipated future taxable income is supported by detailed
forecasts and projections. As a result of the quarterly assessment,
the Company recorded a tax charge in the third quarter of 2007 of $1.4
million or $0.10 per diluted share to establish a valuation allowance
against deferred tax assets.

    Embroidery and Distribution Center (EDC):

    After analyzing various strategic alternatives, the Company has
elected to retain the EDC at the present time and focus instead on
reducing the EDC's operating costs and increasing its operating
efficiency.

    Conference Call:

    Investors and all others are invited to listen to a conference
call discussing third quarter results today at 4:30 p.m. Eastern Time
(1:30 p.m. Pacific Time). Domestic participants can access the
conference call by dialing 888-344-1107. International participants
should dial 973-582-2859. Callers should ask to be connected to
Ashworth's third quarter earnings teleconference or provide the
conference ID number 9182303. The call will also be broadcast live
over the Internet and can be accessed by visiting the Company's
investor information page at www.ashworthinc.com.

    About Ashworth, Inc.

    Ashworth, Inc. (NASDAQ: ASHW) is a leading designer of men's and
women's golf-inspired lifestyle sportswear distributed domestically
and internationally in golf pro shops, resorts, upscale department and
specialty stores and to corporate customers. Ashworth's three
market-leading brands include: Ashworth Collection (TM), a range of
upscale sportswear designed to be worn on and off-course; Ashworth
Authentics (TM), which showcases popular items from the Ashworth line;
and Ashworth Weather Systems(R), a technical performance line.
Ashworth is also an Official Apparel Licensee of Callaway Golf
Company.

    Ashworth is also a leading designer, producer and distributor of
headwear and apparel under The Game(R) and Kudzu(R) brands. The Game
is a leading headwear brand in collegiate bookstores and Kudzu
products are sold into the NASCAR/racing markets and through outdoors
sports distribution channels, including fishing and hunting. Ashworth
is also the exclusive on-site event merchandiser for the Kentucky
Derby.

    For more information, please visit the Company's Web site at
www.ashworthinc.com.

    Forward-Looking Statements

    This press release contains forward-looking statements related to
the Company's market position, finances, operating results, marketing
and business plans and strategies within the meaning of Section 27A of
the Securities Act, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward-looking statements may
contain the words "believes," "anticipates," "expects," "predicts,"
"estimates," "projects," "will be," "will continue," "will likely
result," or other similar words and phrases. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof. The Company undertakes no obligation
to update any forward-looking statements, whether as a result of new
information, changed circumstances or unanticipated events unless
required by law. These statements involve risks and uncertainties that
could cause actual results to differ materially from those projected.
These risks include the uncertainties associated with implementing a
successful transition in executive leadership, the continued
willingness of the Company's lenders to provide waivers of compliance
with financial covenants, the evaluation of strategic alternatives
that may be presented, timely development and acceptance of new
products, as well as strategic alliances, the integration of the
Company's acquisition of Gekko Brands, LLC, the impact of competitive
products and pricing, the success of the Callaway Golf apparel product
line, the preliminary nature of bookings information, the ongoing risk
of excess or obsolete inventory, the potential inadequacy of booked
reserves, the successful operation of the distribution facility in
Oceanside, CA, the successful implementation of the Company's ERP
system, and other risks described in Ashworth, Inc.'s SEC reports,
including the annual report on Form 10-K for the year ended
October 31, 2006, quarterly reports on Form 10-Q filed thereafter and
amendments to any of the foregoing reports, including the Form 10-K/A
for the year ended October 31, 2006.

ASHWORTH, INC.
Consolidated Statements of Income
Third Quarter and Nine months ended July 31, 2007 and 2006
(Unaudited)
                                             Summary of Results of
                                                   Operations
                                               2007          2006
                                          -------------- -------------
THIRD QUARTER
-----------------------------------------
Net Revenue                               $  49,461,000  $ 52,816,000
Cost of Sales                                30,578,000    31,190,000
                                          -------------- -------------
 Gross Profit                                18,883,000    21,626,000
Selling, General and Administrative
 Expenses                                    21,841,000    19,836,000
                                          -------------- -------------
Income (Loss) from Operations                (2,958,000)    1,790,000
Other Income (Expense):
 Interest Income                                 24,000        21,000
 Interest Expense                              (837,000)     (828,000)
 Other Income (Expense), net                    (54,000)      151,000
                                          -------------- -------------
 Total Other Expense, net                      (867,000)     (656,000)
                                          -------------- -------------
Income (Loss) Before Provision for Income
 Taxes                                       (3,825,000)    1,134,000
Provision for Income Taxes                   (1,824,000)     (453,000)
                                          -------------- -------------
 Net Income (Loss)                          ($5,649,000) $    681,000
                                          ============== =============

Income (Loss) Per Share - BASIC                  ($0.39) $       0.05
Weighted Average Common Shares
 Outstanding                                 14,602,000    14,495,000
                                          ============== =============

Income (Loss) Per Share - DILUTED                ($0.39) $       0.05
Adjusted Weighted Average Shares and
 Assumed Conversions                         14,602,000    14,624,000
                                          ============== =============

NINE MONTHS
-----------------------------------------
Net Revenue                               $ 147,597,000  $159,448,000
Cost of Sales                                89,856,000    89,963,000
                                          -------------- -------------
 Gross Profit                                57,741,000    69,485,000
Selling, General and Administrative
 Expenses                                    62,799,000    59,044,000
                                          -------------- -------------
Income (Loss) from Operations                (5,058,000)   10,441,000
Other Income (Expense):
 Interest Income                                 82,000        40,000
 Interest Expense                            (2,209,000)   (2,229,000)
 Other Income (Expense), net                   (114,000)      590,000
                                          -------------- -------------
Total Other Expense, net                     (2,241,000)   (1,599,000)
                                          -------------- -------------
Income (Loss) Before Provision for Income
 Taxes                                       (7,299,000)    8,842,000
Provision for Income Taxes                   (3,331,000)   (3,536,000)
                                          -------------- -------------
 Net Income (Loss)                         ($10,630,000) $  5,306,000
                                          ============== =============

Income (Loss) Per Share - BASIC                  ($0.73) $       0.37
Weighted Average Common Shares
 Outstanding                                 14,548,000    14,359,000
                                          ============== =============

Income (Loss) Per Share - DILUTED                ($0.73) $       0.37
Adjusted Weighted Average Shares and
 Assumed Conversions                         14,548,000    14,513,000
                                          ============== =============


ASHWORTH, INC.
Consolidated Balance Sheets
As of July 31, 2007 and 2006
(Unaudited)
                                               July 31,     July 31,
ASSETS                                           2007         2006
-------------------------------------------- ------------ ------------

CURRENT ASSETS
  Cash and Cash Equivalents                  $  7,869,000 $  3,892,000
  Accounts Receivable - Trade, net             31,334,000   39,325,000
  Inventories, net                             53,608,000   52,978,000
  Other Current Assets                          5,916,000    9,674,000
                                             ------------ ------------
    Total Current Assets                       98,727,000  105,869,000

Property and Equipment, net                    38,303,000   38,993,000
    Other Assets, net                          25,585,000   24,519,000
                                             ------------ ------------
                Total Assets                 $162,615,000 $169,381,000
                                             ============ ============

LIABILITIES AND STOCKHOLDERS' EQUITY
--------------------------------------------

CURRENT LIABILITIES
  Line of Credit Payable                     $ 22,300,000 $ 17,850,000
  Current Portion of Long-Term Debt             2,339,000    2,103,000
  Accounts Payable - Trade                     10,287,000   10,434,000
  Other Current Liabilities                    10,102,000    8,230,000
                                             ------------ ------------
    Total Current Liabilities                  45,028,000   38,617,000

Long-Term Debt                                 14,385,000   16,146,000
Other Long-Term Liabilities                     2,041,000    2,137,000
Stockholders' Equity                          101,161,000  112,481,000
                                             ------------ ------------
 Total Liabilities and Stockholders' Equity  $162,615,000 $169,381,000
                                             ============ ============

    CONTACT: Ashworth, Inc.
             Peter M. Weil, CEO
             Eddie Fadel, President
             Eric R. Hohl, CFO
             760-929-6100
</TEXT>
</DOCUMENT>
</SUBMISSION>
