XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash, cash equivalents and restricted cash ($0 and $10,647 attributable to the variable interest entity ("VIE")) $ 89,481 $ 53,059
Accounts receivable, net 362,917 218,368
Inventories ($0 and $3,667 attributable to the VIE) 513,695 575,964
Prepaid and other assets 148,273 126,482
Total current assets 1,114,366 973,873
Property, plant and equipment, net ($0 and $8,135 attributable to the VIE) 342,552 325,747
Goodwill ($0 and $32,312 attributable to the VIE) 224,993 220,136
Intangible assets, net 513,701 523,131
Deferred income taxes 13,733 34,306
Other assets ($0 and $1,884 attributable to the VIE) 144,244 103,013
Total assets 2,353,589 2,180,206
Current liabilities    
Short-term debt 22,679 10,160
Current portion of long-term debt 726 722
Accounts payable ($0 and $2,400 attributable to the VIE) 160,574 150,322
Accrued taxes 53,937 36,009
Accrued compensation and benefits ($0 and $643 attributable to the VIE) 86,277 95,064
Accrued expenses and other liabilities ($0 and $13,893 attributable to the VIE) 136,838 180,430
Total current liabilities 461,031 472,707
Long-term debt 878,324 753,081
Deferred income taxes 7,626 8,107
Accrued pension and other postretirement benefits 70,853 74,410
Other noncurrent liabilities 78,946 74,737
Total liabilities 1,496,780 1,383,042
Commitments and contingencies (Note 15)
Redeemable noncontrolling interests 4,534 4,028
Shareholders' equity    
Common stock, $0.001 par value, 500,000,000 shares authorized; 58,660,829 and 61,214,541 shares issued 59 61
Additional paid-in capital 763,356 787,725
Accumulated other comprehensive loss, net of tax (119,629) (140,315)
Retained earnings 208,489 180,276
Treasury stock, at cost; (including 935,907 of accrued share repurchases as of December 31, 2024) (Note 10) 0 (62,500)
Total equity attributable to Acushnet Holdings Corp. 852,275 765,247
Noncontrolling interests 0 27,889
Total shareholders' equity 852,275 793,136
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 2,353,589 $ 2,180,206