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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and restricted cash ($8,449 and $8,514 attributable to the variable interest entity ("VIE")) $ 112,603 $ 34,184
Accounts receivable, net 268,231 215,428
Inventories ($5,509 and $11,958 attributable to the VIE) 318,356 398,368
Prepaid and other assets 87,912 94,838
Total current assets 787,102 742,818
Property, plant and equipment, net ($10,778 and $11,374 attributable to the VIE) 219,744 231,575
Goodwill ($32,312 and $32,312 attributable to the VIE) 215,059 214,056
Intangible assets, net 475,195 480,794
Deferred income taxes 67,823 70,541
Other assets ($2,512 and $2,517 attributable to the VIE) 74,163 77,265
Total assets 1,839,086 1,817,049
Current liabilities    
Short-term debt 40,438 54,123
Current portion of long-term debt 17,500 17,500
Accounts payable ($4,239 and $8,360 attributable to the VIE) 94,867 102,335
Accrued taxes 31,331 36,032
Accrued compensation and benefits ($1,833 and $3,542 attributable to the VIE) 76,552 72,465
Accrued expenses and other liabilities ($2,723 and $4,468 attributable to the VIE) 102,466 76,663
Total current liabilities 363,154 359,118
Long-term debt 317,908 330,701
Deferred income taxes 4,601 4,837
Accrued pension and other postretirement benefits 109,206 118,852
Other noncurrent liabilities ($3,688 and $5,202 attributable to the VIE) 50,956 51,908
Total liabilities 845,825 865,416
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 475 807
Shareholders' equity    
Common stock, $0.001 par value, 500,000,000 shares authorized; 75,665,990 and 75,619,587 shares issued 76 76
Additional paid-in capital 919,607 910,507
Accumulated other comprehensive loss, net of tax (103,227) (112,028)
Retained earnings 190,159 151,039
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. 961,509 918,440
Noncontrolling interests 31,277 32,386
Total shareholders' equity 992,786 950,826
Total liabilities, redeemable noncontrolling interest and shareholders' equity $ 1,839,086 $ 1,817,049