Restructuring Initiatives (Tables)

12 Months Ended

Dec. 31, 2013

Global Operations Strategy, Reorganization and Reinvestment Initiatives

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring and Related Costs

The table below depicts the activity and liability balances recorded as part of the GOS Initiatives and the Reorganization and Reinvestment Initiatives (in thousands). Amounts payable as of December 31, 2012 were included in accrued employee compensation and benefits, and amounts payable as of December 31, 2011 were included in accrued employee compensation and benefits and accounts payable and accrued expenses in the accompanying consolidated balance sheets. There were no amounts payable as of December 31, 2013.

	GOS Initiatives									Reorganization and Reinvestment Initiatives
	Workforce Reductions			Transition Costs			Asset Write-offs			Workforce Reductions				Total
Restructuring payable balance, December 31, 2010	$	3,268		$	384		$	—			$	—		$	3,652
Charges to cost and expense	4,702			17,527			2,451				16,329			41,009
Non-cash items	—			—			(2,451		)		(2,126		)	(4,577		)
Cash payments	(6,751		)	(17,856		)	—				(8,846		)	(33,453		)
Restructuring payable balance, December 31, 2011	$	1,219		$	55		$	—			$	5,357		$	6,631
Charges to cost and expense	(98		)	21			—				1,012			935
Cash payments	(985		)	(76		)	—				(6,316		)	(7,377		)
Restructuring payable balance, December 31, 2012	$	136		$	—		$	—			$	53		$	189
Cash Payments	$	(136	)	$	—		$	—			$	(53	)	$	(189	)
Restructuring payable balance, December 31, 2013	$	—		$	—		$	—			$	—		$	—

Cost Reduction Initiatives

Restructuring Cost and Reserve [Line Items]

Schedule of Restructuring and Related Costs

The table below depicts the total charges recognized in 2013 and 2012 and the liability balances relating to the Cost Reduction Initiatives (in thousands). Amounts payable as of December 31, 2013 and 2012 are included in accrued employee compensation and benefits and accounts payable and accrued expenses in the accompanying consolidated balance sheets.

	Cost Reduction Initiatives
	Workforce Reductions			Transition Costs			Asset Write-offs			Total
Charges to cost and expense (1)	$	14,506		$	6,719		$	32,836		$	54,061
Non-cash items	(448		)	(4,311		)	(32,836		)	(37,595		)
Cash payments	(9,527		)	(1,817		)	—			(11,344		)
Restructuring payable balance, December 31, 2012	$	4,531		$	591		$	—		$	5,122
Charges to cost and expense(2)	2,977			8,777			4,802			16,556
Non-cash items	—			(5,130		)	(4,802		)	(9,932		)
Cash payments	(6,702		)	(1,737		)	—			(8,439		)
Restructuring payable balance, December 31, 2013	$	806		$	2,501		$	—		$	3,307

(1) The pre-tax charges for the year ended December 31, 2012 included the following:

• $14,506,000 in workforce reductions, in addition to $2,965,000 in other transition costs;

• $5,810,000 primarily related to the write-off of inventory and long-lived assets in connection with the Company's decision to transition its golf apparel and golf footwear businesses in the U.S. to a third-party licensing arrangement;

• $6,976,000 to write-off inventory related to the Company's decision to transition its integrated device business to a third-party based model, $4,345,000 to write-off property, plant and equipment related to uPro devices, and an impairment charge of $5,156,000 related to intangible assets and goodwill related to the uPlay, LLC acquisition (see Note 8); and

• $14,303,000 related to the reorganization of the Company’s golf ball manufacturing supply chain.

(2) The pre-tax charges for the year ended December 31, 2013 included the following:

• $2,977,000 in continued costs associated with workforce reductions, in addition to $4,459,000 in other transition costs;

• $5,579,000 for the write down of assets and exit costs associated with the reorganization of golf ball manufacturing (see Note 10); and

• $3,541,000 associated with the transition of the Company's golf apparel, golf footwear and integrated device businesses in the U.S. and Europe to a third-party licensing arrangement.