Net Income per Common Share (Tables)

12 Months Ended

Dec. 31, 2017

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)	2017		2016		2015
Net income (loss) attributable to Acushnet Holdings Corp.	$	92,114	$	45,012	$	(966)
Less: dividends earned by preferred shareholders		-		(11,576)		(13,785)
Less: allocation of undistributed earnings to preferred shareholders		-		(10,247)		-
Net income (loss) attributable to common stockholders - basic		92,114		23,189		(14,751)
Adjustments to net income (loss) for dilutive securities		-		16,475		-
Net income (loss) attributable to common stockholders - diluted	$	92,114	$	39,664	$	(14,751)
Weighted average number of common shares:
Basic		74,399,836		31,247,643		19,939,293
Diluted		74,590,999		64,323,742		19,939,293
Net income (loss) per common share attributable to Acushnet Holdings Corp.:
Basic	$	1.24	$	0.74	$	(0.74)
Diluted	$	1.23	$	0.62	$	(0.74)

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

	Year ended
	December 31,
	2017		2016		2015
Series A preferred stock		-		13,807,486		16,542,243
Stock options		-		-		1,089
Warrants to purchase common stock		-		1,807,171		4,891,887
Convertible notes		-		-		32,624,820
RSUs		360,659		-		-