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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 57,547 $ 30,578
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,379 19,693
Deferred taxes (179) 303
Non-cash share-based compensation 3,979 2,592
(Gain) loss on disposal of long-lived assets (1,097) 2,428
Discount amortization on convertible notes 551 523
Change in assets and liabilities:    
Accounts receivable, net (52,218) (69,122)
Inventories 75,380 14,132
Other assets (150) 2,013
Accounts payable and accrued expenses (50,620) (151)
Accrued employee compensation and benefits (2,195) 6,614
Accrued warranty expense (524) (773)
Income taxes receivable/payable (4,936) 177
Other liabilities (3,575) (1,449)
Net cash provided by operating activities 38,342 7,558
Cash flows from investing activities:    
Capital expenditures (8,803) (8,920)
Proceeds from sales of property and equipment 458 4,025
Investment in golf-related ventures (4,712) (7,189)
Net cash used in investing activities (13,057) (12,084)
Cash flows from financing activities:    
Repayment of credit facilities, net (25,660) 0
Exercise of stock options 2,222 0
Dividends paid (2,330) (4,882)
Acquisition of treasury stock (1,006) 0
Credit facility amendment costs (608) 0
Equity issuance costs (7) (274)
Net cash used in financing activities (27,389) (5,156)
Effect of exchange rate changes on cash and cash equivalents (1,227) (4,922)
Net decrease in cash and cash equivalents (3,331) (14,604)
Cash and cash equivalents at beginning of period 36,793 52,003
Cash and cash equivalents at end of period 33,462 37,399
Supplemental disclosures:    
Cash paid for income taxes, net 8,349 4,401
Cash paid for interest and fees 7,824 4,336
Noncash investing and financing activities:    
Dividends payable 0  
Issuance of common stock and treasury stock for compensatory stock awards released from restriction 87 1,649
Acquisition of treasury stock for minimum statutory withholding taxes (7) (364)
Accrued capital expenditures at period-end $ 268 $ 1,936