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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 347,263 $ 339,318 $ 1,208,866 $ 1,242,514
Cost of goods sold 174,295 172,416 586,574 611,783
Gross profit 172,968 166,902 622,292 630,731
Operating expenses:        
Selling, general and administrative 142,017 142,995 441,823 456,434
Research and development 11,060 12,473 35,659 35,296
Intangible amortization 1,626 1,654 4,872 4,957
Restructuring charges   174   816
Income from operations 18,265 9,606 139,938 133,228
Interest expense, net 4,040 15,672 11,863 44,076
Other (income) expense, net 103 (2,449) (407) 1,389
Income (loss) before income taxes 14,122 (3,617) 128,482 87,763
Income tax expense 3,488 785 44,180 39,495
Net income (loss) 10,634 (4,402) 84,302 48,268
Less: Net income attributable to noncontrolling interests (1,316) (1,124) (3,854) (3,077)
Net income (loss) attributable to Acushnet Holdings Corp. $ 9,318 $ (5,526) $ 80,448 $ 45,191
Net income (loss) per common share attributable to Acushnet Holdings Corp.:        
Basic $ 0.13 $ (0.38) $ 1.08 $ 0.89
Diluted 0.12 $ (0.38) 1.08 $ 0.67
Cash dividends declared per common share: $ 0.12   $ 0.36  
Weighted average number of common shares:        
Basic 74,451,977 23,880,191 74,375,756 22,512,577
Diluted 74,702,704 23,880,191 74,507,356 55,203,829