| Computation of Basic and Diluted Earnings Per Share |
The following table summarizes the computation of basic and diluted earnings per share (in thousands, except per share data): | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2016 | | 2015 | | 2016 | | 2015 | Earnings (loss) per common share—basic | | | | | | | | Net income (loss) attributable to Callaway Golf Company | $ | (5,866 | ) | | $ | (3,617 | ) | | $ | 66,629 |
| | $ | 45,020 |
| Weighted-average common shares outstanding—basic | 94,081 |
| | 83,875 |
| | 94,021 |
| | 80,030 |
| Basic earnings (loss) per common share | $ | (0.06 | ) | | $ | (0.04 | ) | | $ | 0.71 |
| | $ | 0.56 |
| Earnings (loss) per common share—diluted | | | | | | | | Net income (loss) attributable to Callaway Golf Company | $ | (5,866 | ) | | $ | (3,617 | ) | | $ | 66,629 |
| | $ | 45,020 |
| Interest on convertible debt | — |
| | — |
| | — |
| | 5,329 |
| Net income (loss) including assumed conversions | $ | (5,866 | ) | | $ | (3,617 | ) | | $ | 66,629 |
| | $ | 50,349 |
| | | | | | | | | Weighted-average common shares outstanding—basic | 94,081 |
| | 83,875 |
| | 94,021 |
| | 80,030 |
| Convertible notes weighted-average shares outstanding | — |
| | — |
| | — |
| | 13,217 |
| Options and restricted stock | — |
| | — |
| | 1,666 |
| | 1,367 |
| Weighted-average common shares outstanding—diluted | 94,081 |
| | 83,875 |
| | 95,687 |
| | 94,614 |
| Dilutive earnings (loss) per common share | $ | (0.06 | ) | | $ | (0.04 | ) | | $ | 0.70 |
| | $ | 0.53 |
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