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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 427,988 $ 463,261 $ 861,603 $ 903,196
Cost of goods sold 205,079 225,301 412,279 439,367
Gross profit 222,909 237,960 449,324 463,829
Operating expenses:        
Selling, general and administrative 151,808 158,121 299,806 313,439
Research and development 12,092 11,693 24,599 22,823
Intangible amortization 1,624 1,654 3,246 3,303
Restructuring charges   55   642
Income from operations 57,385 66,437 121,673 123,622
Interest expense, net 4,901 14,563 7,823 28,404
Other (income) expense, net 239 2,455 (510) 3,838
Income before income taxes 52,245 49,419 114,360 91,380
Income tax expense 18,207 21,941 40,692 38,710
Net income 34,038 27,478 73,668 52,670
Less: Net income attributable to noncontrolling interests (1,022) (423) (2,538) (1,953)
Net income attributable to Acushnet Holdings Corp. $ 33,016 $ 27,055 $ 71,130 $ 50,717
Net income per common share attributable to Acushnet Holdings Corp.:        
Basic $ 0.44 $ 0.62 $ 0.96 $ 1.14
Diluted 0.44 $ 0.39 0.96 $ 0.74
Cash dividends declared per common share: $ 0.12   $ 0.24  
Weighted average number of common shares:        
Basic 74,451,977 21,821,256 74,337,013 21,821,256
Diluted 74,581,269 54,450,380 74,409,050 54,447,260