Net Income per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

Net Income per Common Share

Schedule of computation of basic and diluted net income per common share

	Year ended
	December 31,
(in thousands, except share and per share amounts)	2016		2015		2014
Net income (loss) attributable to Acushnet Holdings Corp.	$	45,012	$	(966)	$	21,557
Less: dividends earned by preferred shareholders		(11,576)		(13,785)		(13,785)
Less: allocation of undistributed earnings to preferred shareholders		(10,247)		-		(3,866)
Net income (loss) attributable to common stockholders - basic		23,189		(14,751)		3,906
Adjustments to net income for dilutive securities		16,475		-		-
Net income (loss) attributable to common stockholders - diluted	$	39,664	$	(14,751)	$	3,906
Weighted average number of common shares:
Basic		31,247,643		19,939,293		16,716,825
Diluted		64,323,742		19,939,293		16,716,825
Net income (loss) per common share attributable to Acushnet Holdings Corp.:
Basic	$	0.74	$	(0.74)	$	0.23
Diluted	$	0.62	$	(0.74)	$	0.23

Schedule of securities excluded from the calculation of diluted weighted average common shares.

	Year ended
	December 31,
	2016		2015		2014
Series A preferred stock		13,807,486		16,542,243		16,542,243
Stock options		-		1,089		-
Warrants to purchase common stock		1,807,171		4,891,887		-
Convertible notes		-		32,624,820		32,624,820