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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Net sales $ 168,572 $ 178,229 [1] $ 752,339 $ 715,631 [1]
Cost of sales 103,265 118,820 431,329 430,134
Gross profit 65,307 59,409 321,010 285,497
Operating expenses:        
Selling expense 46,871 49,871 184,786 179,851
General and administrative expense 12,918 18,870 43,459 48,626
Research and development expense 8,144 7,689 22,903 22,435
Total operating expenses 67,933 76,430 251,148 250,912
Income (loss) from operations (2,626) (17,021) 69,862 34,585
Interest income 43 92 368 492
Interest expense (2,080) (2,067) (7,665) (7,094)
Other income (expense), net 3,833 (1,120) (1,367) 7,536
Income (loss) before income taxes (830) (20,116) [1] 61,198 35,519 [1]
Income tax provision 304 1,037 3,651 4,941
Net income (loss) (1,134) (21,153) 57,547 30,578
Dividends on convertible preferred stock 0 1,766 0 3,332
Net income (loss) allocable to common shareholders $ (1,134) $ (22,919) $ 57,547 $ 27,246
Earnings (loss) per common share:        
Basic (in dollars per share) $ (0.01) $ (0.32) $ 0.74 $ 0.38
Diluted (in dollars per share) $ (0.01) $ (0.32) $ 0.66 $ 0.36
Weighted-average common shares outstanding:        
Basic (in shares) 77,646 72,649 77,551 71,613
Diluted (in shares) 77,646 72,649 93,384 86,870
[1] The prior year amounts have been reclassified to reflect the Company's current year allocation methodology related to freight revenue and costs, certain discounts and other reserves not specific to a product type. For the three months ended September 30, 2013, this resulted in a decrease to net sales and an increase to loss before income taxes of $403,000 and $650,000, respectively, in the golf clubs segment, and a corresponding increase to net sales and decrease to loss before income taxes in the golf balls segment. For the nine months ended September 30, 2013, this resulted in increases in net sales and income before income taxes of $834,000 and $3,559,000, respectively, in the golf clubs segment, and corresponding decreases in net sales and income before income taxes in the golf balls segment.