10-Q Filing

Callaway Golf Co CIK: 837465 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000837465-23-000036`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	modg-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 116 Stockholders Equity 66 Comprehensive Income 24

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$11.20M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$10.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$200.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$180.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$330.30M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Restricted cash	`RestrictedCashCurrent`	$19.10M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$700.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Accounts receivable, less allowances of $11.2 million and $10.8 million, respectively	`AccountsReceivableNetCurrent`	$304.60M	USD	Point-in-time
Accounts receivable, less allowances of $11.2 million and $10.8 million, respectively	`AccountsReceivableNetCurrent`	$167.30M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Inventories	`InventoryNet`	$736.50M	USD	Point-in-time
Inventories	`InventoryNet`	$959.20M	USD	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
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`	$59.50M	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
Other current assets	`OtherAssetsCurrent`	$136.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$171.10M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	360.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.52B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.60B	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`	$2.08B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	186.20M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	187.00M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$1.41B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$1.42B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	2.40M	shares	Point-in-time
Tradenames and trademarks	`IndefiniteLivedTradeNamesAndTrademarks`	$1.41B	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`	$82.80M	USD	Point-in-time
Goodwill	`Goodwill`	$1.98B	USD	Point-in-time
Goodwill	`Goodwill`	$1.98B	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$355.40M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$404.90M	USD	Point-in-time
Total assets	`Assets`	$8.59B	USD	Point-in-time
Total assets	`Assets`	$8.98B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$580.00M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$386.10M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$135.20M	USD	Point-in-time
Accrued employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$109.80M	USD	Point-in-time
Asset-based credit facilities	`LinesOfCreditCurrent`	$219.30M	USD	Point-in-time
Asset-based credit facilities	`LinesOfCreditCurrent`	$78.10M	USD	Point-in-time
Operating lease liabilities, short-term	`OperatingLeaseLiabilityCurrent`	$76.40M	USD	Point-in-time
Operating lease liabilities, short-term	`OperatingLeaseLiabilityCurrent`	$82.80M	USD	Point-in-time
Construction advances	`ConstructionPayableCurrentAndNoncurrent`	$35.40M	USD	Point-in-time
Construction advances	`ConstructionPayableCurrentAndNoncurrent`	$119.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$94.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$98.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$93.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$91.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$94.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$96.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$35.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$909.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.18B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.52B	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$1.44B	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$1.44B	USD	Point-in-time
Deemed landlord financing obligations	`LessorFinanceLeaseLiabilityNoncurrent`	$809.20M	USD	Point-in-time
Deemed landlord financing obligations	`LessorFinanceLeaseLiabilityNoncurrent`	$658.00M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$68.30M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$117.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$278.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$250.60M	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 September 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 September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 360.0 million shares authorized, and 187.0 million shares and 186.2 million shares issued at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.90M	USD	Point-in-time
Common stock, $0.01 par value, 360.0 million shares authorized, and 187.0 million shares and 186.2 million shares issued at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$852.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.50M	USD	Point-in-time
Less: Common stock held in treasury, at cost, 2.4 million shares and 1.3 million shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$45.30M	USD	Point-in-time
Less: Common stock held in treasury, at cost, 2.4 million shares and 1.3 million shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$31.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.77B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.95B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$8.98B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$8.59B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$988.50M	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.14B	USD	3 Qtrs
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.04B	USD	1 Quarter
Total net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.39B	USD	3 Qtrs
Other venue expense	`OtherExpenses`	$287.60M	USD	1 Quarter
Other venue expense	`OtherExpenses`	$312.10M	USD	1 Quarter
Other venue expense	`OtherExpenses`	$934.70M	USD	3 Qtrs
Other venue expense	`OtherExpenses`	$780.20M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$720.40M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$242.50M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$224.70M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$790.60M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$67.40M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$19.20M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$55.40M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$22.60M	USD	1 Quarter
Venue pre-opening costs	`PreOpeningCosts`	$16.30M	USD	3 Qtrs
Venue pre-opening costs	`PreOpeningCosts`	$18.10M	USD	3 Qtrs
Venue pre-opening costs	`PreOpeningCosts`	$6.90M	USD	1 Quarter
Venue pre-opening costs	`PreOpeningCosts`	$9.90M	USD	1 Quarter
Total costs and expenses	`OperatingCostsAndExpenses`	$2.85B	USD	3 Qtrs
Total costs and expenses	`OperatingCostsAndExpenses`	$966.80M	USD	1 Quarter
Total costs and expenses	`OperatingCostsAndExpenses`	$3.12B	USD	3 Qtrs
Total costs and expenses	`OperatingCostsAndExpenses`	$920.30M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$291.50M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$73.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$68.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$270.30M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$52.30M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$153.60M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$36.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$100.30M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.40M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$7.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$5.20M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$26.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$119.10M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$38.80M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$218.10M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.70M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-12.50M	USD	3 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$300.00K	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-3.00M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-53.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$172.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$230.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.17	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.88	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	185.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.90M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	185.20M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	201.20M	shares	1 Quarter

Cash Flow Statement 116 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`	$700.00K	USD	Point-in-time
Net income	`ProfitLoss`	$105.40M	USD	1 Quarter
Net income	`ProfitLoss`	$29.70M	USD	1 Quarter
Net income	`ProfitLoss`	$172.10M	USD	3 Qtrs
Restricted cash, noncurrent	`RestrictedCashNoncurrent`	$3.80M	USD	Point-in-time
Net income	`ProfitLoss`	$117.40M	USD	1 Quarter
Net income	`ProfitLoss`	$230.60M	USD	3 Qtrs
Restricted cash, noncurrent	`RestrictedCashNoncurrent`	$4.30M	USD	Point-in-time
Net income	`ProfitLoss`	$25.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income	`ProfitLoss`	$86.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$175.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$139.80M	USD	3 Qtrs
Non-cash interest on financing and deemed landlord financed leases	`FinanceLeaseNoncashInterestExpense`	$4.30M	USD	3 Qtrs
Non-cash interest on financing and deemed landlord financed leases	`FinanceLeaseNoncashInterestExpense`	$17.10M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.40M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.90M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-12.50M	USD	3 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-54.40M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$37.40M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$38.40M	USD	3 Qtrs
Unrealized net losses on hedging instruments and foreign currency	`UnrealizedGainLossOnInvestments`	$-2.10M	USD	3 Qtrs
Unrealized net losses on hedging instruments and foreign currency	`UnrealizedGainLossOnInvestments`	$-7.20M	USD	3 Qtrs
Loss on debt modification	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on debt modification	`GainsLossesOnExtinguishmentOfDebt`	$-10.50M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.80M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.50M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$193.90M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$144.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$235.90M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-205.80M	USD	3 Qtrs
Leasing receivables	`IncreaseDecreaseInLeasingReceivables`	$9.10M	USD	3 Qtrs
Leasing receivables	`IncreaseDecreaseInLeasingReceivables`	$14.80M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-3.10M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-12.30M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$69.20M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-175.20M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$400.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.10M	USD	3 Qtrs
Accrued employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-25.10M	USD	3 Qtrs
Accrued employee compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.20M	USD	3 Qtrs
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetAndOperatingLeaseLiability`	$13.60M	USD	3 Qtrs
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAssetAndOperatingLeaseLiability`	$2.10M	USD	3 Qtrs
Income taxes receivable/payable, net	`IncreaseDecreaseInIncomeTaxes`	$-24.90M	USD	3 Qtrs
Income taxes receivable/payable, net	`IncreaseDecreaseInIncomeTaxes`	$-18.40M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$227.70M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$353.40M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$388.70M	USD	3 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitions`	-	USD	3 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitions`	$31.20M	USD	3 Qtrs
Proceeds from government grants	`ProceedsFromGovernmentAssistance`	-	USD	3 Qtrs
Proceeds from government grants	`ProceedsFromGovernmentAssistance`	$3.00M	USD	3 Qtrs
Investment in golf-related ventures	`PaymentsToAcquireInterestInJointVenture`	$2.50M	USD	3 Qtrs
Investment in golf-related ventures	`PaymentsToAcquireInterestInJointVenture`	-	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$800.00K	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$600.00K	USD	3 Qtrs
Proceeds from sale of investment in golf-related ventures	`ProceedsFromSaleOfOtherInvestments`	$400.00K	USD	3 Qtrs
Proceeds from sale of investment in golf-related ventures	`ProceedsFromSaleOfOtherInvestments`	-	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$300.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-419.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-353.60M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$788.20M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$87.00M	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$60.00M	USD	3 Qtrs
Proceeds from borrowings on long-term debt	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$1.22B	USD	3 Qtrs
(Repayments of) proceeds from credit facilities, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$100.00M	USD	3 Qtrs
(Repayments of) proceeds from credit facilities, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-245.40M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.80M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment on contingent earn-out obligation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$5.60M	USD	3 Qtrs
Payment on contingent earn-out obligation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Repayments of financing leases	`FinanceLeasePrincipalPayments`	$300.00K	USD	3 Qtrs
Repayments of financing leases	`FinanceLeasePrincipalPayments`	$2.20M	USD	3 Qtrs
Proceeds from lease financing	`ProceedsFromLeaseFinancing`	$133.10M	USD	3 Qtrs
Proceeds from lease financing	`ProceedsFromLeaseFinancing`	$184.30M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$600.00K	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.90M	USD	3 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$35.50M	USD	3 Qtrs
Acquisition of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$44.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$331.40M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$165.30M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.30M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00K	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-153.10M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$131.90M	USD	3 Qtrs
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`	$357.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.60M	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`	$357.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.60M	USD	Point-in-time
Less: restricted cash	`RestrictedCash`	$4.30M	USD	Point-in-time
Less: restricted cash	`RestrictedCash`	$5.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$200.30M	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`	$330.30M	USD	Point-in-time
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$21.90M	USD	3 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$20.00M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$86.00M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$132.80M	USD	3 Qtrs
Issuance of treasury stock and common stock for compensatory stock awards released from restriction	`StockIssued1`	$28.00M	USD	3 Qtrs
Issuance of treasury stock and common stock for compensatory stock awards released from restriction	`StockIssued1`	$24.30M	USD	3 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$38.30M	USD	3 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$47.20M	USD	3 Qtrs
Financed additions of capital expenditures	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$43.30M	USD	3 Qtrs
Financed additions of capital expenditures	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$28.30M	USD	3 Qtrs
Issuance of common stock related to convertible notes	`DebtConversionConvertedInstrumentAmount1`	$500.00K	USD	3 Qtrs
Issuance of common stock related to convertible notes	`DebtConversionConvertedInstrumentAmount1`	-	USD	3 Qtrs

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.95B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.93B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Treasury stock, balance at beginning of period (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time
Treasury stock, balance at beginning of period (in shares)	`TreasuryStockCommonShares`	2.40M	shares	Point-in-time
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$16.70M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$18.10M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$34.20M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.00M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$9.20M	USD	1 Quarter
Acquisition of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$300.00K	USD	1 Quarter
Issuance of common stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	800,000.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$500.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	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
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Compensatory awards released from restriction	`StockIssuedDuringPeriodValueTreasuryStockReissued`	-	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.60M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.20M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.40M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.80M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.30M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.40M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.20M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.40M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-38.00M	USD	1 Quarter
Equity adjustment from foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.70M	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`	$6.80M	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$11.50M	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`	$5.40M	USD	1 Quarter
Change in fair value of derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-300.00K	USD	1 Quarter
Issuance of common stock related to convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$500.00K	USD	1 Quarter
Capped call transaction related to convertible note conversion	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$105.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$29.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$172.10M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$117.40M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$230.60M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$25.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$38.50M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$86.70M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.95B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.79B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.81B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.93B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.70B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.68B	USD	Point-in-time
Treasury stock, balance at end of period (in shares)	`TreasuryStockCommonShares`	1.30M	shares	Point-in-time
Treasury stock, balance at end of period (in shares)	`TreasuryStockCommonShares`	2.40M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$172.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$230.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$38.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.70M	USD	1 Quarter
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$5.70M	USD	1 Quarter
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$17.40M	USD	3 Qtrs
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$17.50M	USD	3 Qtrs
Change in derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$4.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-38.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-14.40M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-84.60M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-10.80M	USD	3 Qtrs
Comprehensive income, before income tax	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$4.90M	USD	1 Quarter
Comprehensive income, before income tax	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$163.40M	USD	3 Qtrs
Comprehensive income, before income tax	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$21.00M	USD	1 Quarter
Comprehensive income, before income tax	`ComprehensiveIncomeLossBeforeTaxAttributableToParent`	$178.80M	USD	3 Qtrs
Income tax benefit on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.00M	USD	1 Quarter
Income tax benefit on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.90M	USD	3 Qtrs
Income tax benefit on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.10M	USD	1 Quarter
Income tax benefit on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-500.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$165.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$179.30M	USD	3 Qtrs

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