10-Q Filing

Callaway Golf Co CIK: 837465 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000837465-23-000028`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	modg-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 112 Stockholders Equity 45 Comprehensive Income 24

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$11.50M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$10.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$180.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$178.30M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$500.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$19.10M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$600.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Accounts receivable, less allowances of $11.5 million and $10.8 million, respectively	`AccountsReceivableNetCurrent`	$167.30M	USD	Point-in-time
Accounts receivable, less allowances of $11.5 million and $10.8 million, respectively	`AccountsReceivableNetCurrent`	$397.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$839.80M	USD	Point-in-time
Inventories	`InventoryNet`	$959.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$57.10M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$67.70M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$136.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$160.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	360.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.52B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	360.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.81B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.00B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	186.20M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	186.20M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.50M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$1.43B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$1.42B	USD	Point-in-time
Tradenames and trademarks	`IndefiniteLivedTradeNamesAndTrademarks`	$1.42B	USD	Point-in-time
Tradenames and trademarks	`IndefiniteLivedTradeNamesAndTrademarks`	$1.41B	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$91.00M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$83.80M	USD	Point-in-time
Goodwill	`Goodwill`	$1.98B	USD	Point-in-time
Goodwill	`Goodwill`	$1.98B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$391.20M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$355.40M	USD	Point-in-time
Total assets	`Assets`	$8.96B	USD	Point-in-time
Total assets	`Assets`	$8.59B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$580.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$444.60M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$104.80M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$135.20M	USD	Point-in-time
Asset-based credit facilities	`LinesOfCreditCurrent`	$219.30M	USD	Point-in-time
Asset-based credit facilities	`LinesOfCreditCurrent`	$96.50M	USD	Point-in-time
Operating lease liabilities, short-term	`OperatingLeaseLiabilityCurrent`	$76.40M	USD	Point-in-time
Operating lease liabilities, short-term	`OperatingLeaseLiabilityCurrent`	$80.40M	USD	Point-in-time
Construction advances	`ConstructionPayableCurrentAndNoncurrent`	$72.00M	USD	Point-in-time
Construction advances	`ConstructionPayableCurrentAndNoncurrent`	$35.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$99.30M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$102.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$98.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$94.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$91.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$93.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$932.60M	USD	Point-in-time
Long-term debt, net (Note 5)	`LongTermDebtNoncurrent`	$1.53B	USD	Point-in-time
Long-term debt, net (Note 5)	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$1.45B	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$1.44B	USD	Point-in-time
Deemed landlord financing obligations	`LessorFinanceLeaseLiabilityNoncurrent`	$658.00M	USD	Point-in-time
Deemed landlord financing obligations	`LessorFinanceLeaseLiabilityNoncurrent`	$765.80M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$77.70M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$117.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$250.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$278.70M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 3.0 million shares authorized, none issued and outstanding at June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 3.0 million shares authorized, none issued and outstanding at June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 360.0 million shares authorized, and 186.2 million shares issued at June 30, 2023 and December 31, 2022	`CommonStockValue`	$1.90M	USD	Point-in-time
Common stock, $0.01 par value, 360.0 million shares authorized, and 186.2 million shares issued at June 30, 2023 and December 31, 2022	`CommonStockValue`	$1.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$852.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$994.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.50M	USD	Point-in-time
Less: Common stock held in treasury, at cost, 1.5 million shares and 1.3 million shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$29.60M	USD	Point-in-time
Less: Common stock held in treasury, at cost, 1.5 million shares and 1.3 million shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$31.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.93B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.77B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$8.59B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$8.96B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.12B	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.35B	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	2 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.18B	USD	1 Quarter
Other venue expense	`OtherExpenses`	$262.20M	USD	1 Quarter
Other venue expense	`OtherExpenses`	$317.10M	USD	1 Quarter
Other venue expense	`OtherExpenses`	$492.60M	USD	2 Qtrs
Other venue expense	`OtherExpenses`	$622.60M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$495.70M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$279.60M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$252.60M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$548.10M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$18.70M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$22.00M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$36.20M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$44.80M	USD	2 Qtrs
Venue pre-opening costs	`PreOpeningCosts`	$9.40M	USD	2 Qtrs
Venue pre-opening costs	`PreOpeningCosts`	$8.20M	USD	2 Qtrs
Venue pre-opening costs	`PreOpeningCosts`	$5.70M	USD	1 Quarter
Venue pre-opening costs	`PreOpeningCosts`	$4.10M	USD	1 Quarter
Total costs and expenses	`OperatingCostsAndExpenses`	$2.15B	USD	2 Qtrs
Total costs and expenses	`OperatingCostsAndExpenses`	$1.06B	USD	1 Quarter
Total costs and expenses	`OperatingCostsAndExpenses`	$986.70M	USD	1 Quarter
Total costs and expenses	`OperatingCostsAndExpenses`	$1.93B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$116.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$223.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$129.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$196.50M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$51.70M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$101.30M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$63.90M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$32.50M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.80M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$7.30M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$19.90M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$11.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.40M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$108.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$179.30M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-12.80M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-50.00M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-45.80M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$2.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$117.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$192.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$105.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$142.40M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.04	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	185.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	185.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	200.70M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	200.60M	shares	1 Quarter

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Restricted cash, current	`RestrictedCashCurrent`	$500.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$19.10M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$600.00K	USD	Point-in-time
Net income	`ProfitLoss`	$86.70M	USD	1 Quarter
Net income	`ProfitLoss`	$192.10M	USD	2 Qtrs
Restricted cash, noncurrent	`RestrictedCashNoncurrent`	$4.20M	USD	Point-in-time
Net income	`ProfitLoss`	$117.40M	USD	1 Quarter
Net income	`ProfitLoss`	$105.40M	USD	1 Quarter
Restricted cash, noncurrent	`RestrictedCashNoncurrent`	$4.00M	USD	Point-in-time
Net income	`ProfitLoss`	$25.00M	USD	1 Quarter
Net income	`ProfitLoss`	$142.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$114.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$91.40M	USD	2 Qtrs
Lease amortization expense	`OperatingAndFinanceLeaseRightOfUseAssetsPeriodicReduction`	$42.20M	USD	2 Qtrs
Lease amortization expense	`OperatingAndFinanceLeaseRightOfUseAssetsPeriodicReduction`	$48.30M	USD	2 Qtrs
Non-cash interest on financing and deemed landlord financed leases	`FinanceLeaseNoncashInterestExpense`	$13.60M	USD	2 Qtrs
Non-cash interest on financing and deemed landlord financed leases	`FinanceLeaseNoncashInterestExpense`	$6.20M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.90M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.40M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-11.30M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-47.20M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$24.80M	USD	2 Qtrs
Unrealized net losses (gains) on hedging instruments and foreign currency	`UnrealizedGainLossOnInvestments`	$-3.50M	USD	2 Qtrs
Unrealized net losses (gains) on hedging instruments and foreign currency	`UnrealizedGainLossOnInvestments`	$1.10M	USD	2 Qtrs
Loss on debt modification	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on debt modification	`GainsLossesOnExtinguishmentOfDebt`	$-10.50M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.10M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$231.30M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$284.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-112.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$95.80M	USD	2 Qtrs
Leasing receivables	`IncreaseDecreaseInLeasingReceivables`	$12.90M	USD	2 Qtrs
Leasing receivables	`IncreaseDecreaseInLeasingReceivables`	$7.60M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.50M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.70M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-128.20M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$66.80M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.60M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$4.60M	USD	2 Qtrs
Accrued employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-30.70M	USD	2 Qtrs
Accrued employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.70M	USD	2 Qtrs
Payments on operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-41.60M	USD	2 Qtrs
Payments on operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-32.00M	USD	2 Qtrs
Income taxes receivable/payable, net	`IncreaseDecreaseInIncomeTaxes`	$-16.50M	USD	2 Qtrs
Income taxes receivable/payable, net	`IncreaseDecreaseInIncomeTaxes`	$-17.80M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.20M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.80M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$262.60M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$243.00M	USD	2 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitions`	-	USD	2 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitions`	$18.70M	USD	2 Qtrs
Proceeds from government grants	`ProceedsFromGovernmentAssistance`	-	USD	2 Qtrs
Proceeds from government grants	`ProceedsFromGovernmentAssistance`	$3.00M	USD	2 Qtrs
Investment in golf-related ventures	`PaymentsToAcquireInterestInJointVenture`	$2.10M	USD	2 Qtrs
Investment in golf-related ventures	`PaymentsToAcquireInterestInJointVenture`	-	USD	2 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$700.00K	USD	2 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$400.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-243.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-280.70M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$782.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$82.30M	USD	2 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$60.00M	USD	2 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$1.22B	USD	2 Qtrs
(Repayments of) proceeds from credit facilities, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$95.40M	USD	2 Qtrs
(Repayments of) proceeds from credit facilities, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-229.80M	USD	2 Qtrs
Debt issuance cost	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	2 Qtrs
Debt issuance cost	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment on contingent earn-out obligation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Payment on contingent earn-out obligation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$5.60M	USD	2 Qtrs
Repayments of financing leases	`FinanceLeasePrincipalPayments`	$1.70M	USD	2 Qtrs
Repayments of financing leases	`FinanceLeasePrincipalPayments`	$200.00K	USD	2 Qtrs
Proceeds from lease financing	`ProceedsFromLeaseFinancing`	$111.30M	USD	2 Qtrs
Proceeds from lease financing	`ProceedsFromLeaseFinancing`	$88.90M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$100.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.70M	USD	2 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$34.50M	USD	2 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$27.30M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$297.70M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$121.80M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.50M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.10M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-174.80M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.90M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$357.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$203.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$357.70M	USD	Point-in-time
Less: restricted cash	`RestrictedCash`	$4.70M	USD	Point-in-time
Less: restricted cash	`RestrictedCash`	$4.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$180.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$191.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$178.30M	USD	Point-in-time
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$17.80M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$17.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$86.70M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$52.40M	USD	2 Qtrs
Issuance of treasury stock and common stock for compensatory stock awards released from restriction	`StockIssued1`	$23.70M	USD	2 Qtrs
Issuance of treasury stock and common stock for compensatory stock awards released from restriction	`StockIssued1`	$25.80M	USD	2 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$42.00M	USD	2 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$42.30M	USD	2 Qtrs
Financed additions of capital expenditures	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$26.70M	USD	2 Qtrs
Financed additions of capital expenditures	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$12.80M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.93B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Treasury stock, balance at beginning of period (in shares)	`TreasuryStockCommonShares`	1.50M	shares	Point-in-time
Treasury stock, balance at beginning of period (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$34.20M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$300.00K	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$18.10M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$9.20M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.60M	USD	1 Quarter
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.80M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.20M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.40M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.40M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.70M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.20M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.30M	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-300.00K	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.50M	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.40M	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.50M	USD	1 Quarter
Net income	`ProfitLoss`	$86.70M	USD	1 Quarter
Net income	`ProfitLoss`	$192.10M	USD	2 Qtrs
Net income	`ProfitLoss`	$117.40M	USD	1 Quarter
Net income	`ProfitLoss`	$105.40M	USD	1 Quarter
Net income	`ProfitLoss`	$25.00M	USD	1 Quarter
Net income	`ProfitLoss`	$142.40M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.93B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Treasury stock, balance at end of period (in shares)	`TreasuryStockCommonShares`	1.50M	shares	Point-in-time
Treasury stock, balance at end of period (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$117.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$192.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$105.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$142.40M	USD	2 Qtrs
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$12.50M	USD	1 Quarter
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$11.80M	USD	2 Qtrs
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$4.10M	USD	1 Quarter
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$13.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-33.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-1.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-46.60M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$3.60M	USD	2 Qtrs
Comprehensive income, before income tax on other comprehensive income items	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$128.20M	USD	1 Quarter
Comprehensive income, before income tax on other comprehensive income items	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$76.30M	USD	1 Quarter
Comprehensive income, before income tax on other comprehensive income items	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$158.50M	USD	2 Qtrs
Comprehensive income, before income tax on other comprehensive income items	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$157.80M	USD	2 Qtrs
Income tax expense (benefit) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$600.00K	USD	2 Qtrs
Income tax expense (benefit) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-900.00K	USD	2 Qtrs
Income tax expense (benefit) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-400.00K	USD	1 Quarter
Income tax expense (benefit) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$157.20M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$127.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$159.40M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.