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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and restricted cash ($12,578 and $8,514 attributable to the variable interest entity ("VIE")) $ 111,029 $ 34,184
Accounts receivable, net 271,643 215,428
Inventories ($5,897 and $11,958 attributable to the VIE) 363,785 398,368
Prepaid and other assets 92,283 94,838
Total current assets 838,740 742,818
Property, plant and equipment, net ($10,870 and $11,374 attributable to the VIE) 223,305 231,575
Goodwill ($32,312 and $32,312 attributable to the VIE) 213,112 214,056
Intangible assets, net 476,990 480,794
Deferred income taxes 72,811 70,541
Other assets ($2,479 and $2,517 attributable to the VIE) 72,761 77,265
Total assets 1,897,719 1,817,049
Current liabilities    
Short-term debt 180,619 54,123
Current portion of long-term debt 17,500 17,500
Accounts payable ($3,533 and $8,360 attributable to the VIE) 76,851 102,335
Accrued taxes 34,292 36,032
Accrued compensation and benefits ($2,362 and $3,542 attributable to the VIE) 64,862 72,465
Accrued expenses and other liabilities ($3,577 and $4,468 attributable to the VIE) 91,252 76,663
Total current liabilities 465,376 359,118
Long-term debt 322,427 330,701
Deferred income taxes 4,447 4,837
Accrued pension and other postretirement benefits 122,702 118,852
Other noncurrent liabilities ($5,109 and $5,202 attributable to the VIE) 49,480 51,908
Total liabilities 964,432 865,416
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 316 807
Shareholders' equity    
Common stock, $0.001 par value, 500,000,000 shares authorized; 75,655,646 and 75,619,587 shares issued 76 76
Additional paid-in capital 916,097 910,507
Accumulated other comprehensive loss, net of tax (111,573) (112,028)
Retained earnings 138,733 151,039
Treasury stock, at cost; 1,671,754 shares and 1,183,966 shares (including 299,894 and 56,000 of accrued share repurchases) (Note 9) (45,106) (31,154)
Total equity attributable to Acushnet Holdings Corp. 898,227 918,440
Noncontrolling interests 34,744 32,386
Total shareholders' equity 932,971 950,826
Total liabilities, redeemable noncontrolling interest and shareholders' equity $ 1,897,719 $ 1,817,049