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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 482,932 $ 417,166 $ 1,191,675 $ 1,313,086
Cost of goods sold 230,911 199,822 582,242 627,542
Gross profit 252,021 217,344 609,433 685,544
Operating expenses:        
Selling, general and administrative 153,724 158,857 436,982 484,506
Research and development 10,611 12,746 34,963 38,417
Intangible amortization 1,964 2,015 5,875 5,533
Restructuring charges 518 0 13,250 0
Income from operations 85,204 43,726 118,363 157,088
Interest expense, net 3,831 4,504 12,356 14,600
Other expense, net 3,186 1,486 8,050 1,297
Income before income taxes 78,187 37,736 97,957 141,191
Income tax expense 14,141 7,730 21,183 36,244
Net income 64,046 30,006 76,774 104,947
Less: Net income attributable to noncontrolling interests (830) (209) (2,368) (1,736)
Net income attributable to Acushnet Holdings Corp. $ 63,216 $ 29,797 $ 74,406 $ 103,211
Net income per common share attributable to Acushnet Holdings Corp.:        
Basic (in dollars per share) $ 0.85 $ 0.40 $ 1.00 $ 1.37
Diluted (in dollars per share) $ 0.84 $ 0.39 $ 0.99 $ 1.36
Weighted average number of common shares:        
Basic (in shares) 74,448,733 75,192,567 74,498,841 75,603,108
Diluted (in shares) 75,082,805 75,552,440 75,017,229 75,888,548