CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 187,850 | $ 175,780 | $ 707,497 | $ 690,463 |
| Cost of sales | 108,975 | 98,178 | 385,597 | 383,898 |
| Gross profit | 78,875 | 77,602 | 321,900 | 306,565 |
| Operating expenses: | ||||
| Selling expense | 55,869 | 52,390 | 183,543 | 178,675 |
| General and administrative expense | 19,851 | 15,772 | 52,484 | 47,407 |
| Research and development expense | 8,420 | 8,673 | 24,942 | 24,192 |
| Total operating expenses | 84,140 | 76,835 | 260,969 | 250,274 |
| Income (loss) from operations | (5,265) | 767 | 60,931 | 56,291 |
| Interest income | 56 | 25 | 550 | 372 |
| Interest expense | (487) | (3,545) | (1,949) | (7,849) |
| Gain on sale of golf-related ventures (Note 7) | 0 | 0 | 17,662 | 0 |
| Other income (expense), net | 1,251 | 683 | (5,806) | 1,208 |
| Income (loss) before income taxes | (4,445) | (2,070) | 71,388 | 50,022 |
| Income tax provision | 1,294 | 1,547 | 4,632 | 5,002 |
| Net income (loss) | (5,739) | (3,617) | 66,756 | 45,020 |
| Less: Net income attributable to non-controlling interests | 127 | 0 | 127 | 0 |
| Net income (loss) attributable to Callaway Golf Company | $ (5,866) | $ (3,617) | $ 66,629 | $ 45,020 |
| Earnings (loss) per common share: | ||||
| Basic (in dollars per share) | $ (0.06) | $ (0.04) | $ 0.71 | $ 0.56 |
| Diluted (in dollars per share) | $ (0.06) | $ (0.04) | $ 0.70 | $ 0.53 |
| Weighted-average common shares outstanding: | ||||
| Basic (in shares) | 94,081 | 83,875 | 94,021 | 80,030 |
| Diluted (in shares) | 94,081 | 83,875 | 95,687 | 94,614 |
| Dividends declared per common share (usd per share) | $ 0.01 | $ 0.01 | $ 0.03 | $ 0.03 |