Product Warranty

3 Months Ended

Mar. 31, 2017

Guarantees [Abstract]

Product Warranty

Note 9. Product Warranty

The Company has a stated two-year warranty policy for its golf clubs. The Company’s policy is to accrue the estimated cost of satisfying future warranty claims at the time the sale is recorded. In estimating its future warranty obligations, the Company considers various relevant factors, including the Company’s stated warranty policies and practices, the historical frequency of claims, and the cost to replace or repair its products under warranty.

The following table provides a reconciliation of the activity related to the Company’s reserve for accrued warranty expense (in thousands):

	Three Months Ended   March 31,
	2017			2016
Beginning balance	$	5,395		$	5,706
Provision	1,922			1,737
Claims paid/costs incurred	(1,372		)	(1,093		)
Ending balance	$	5,945		$	6,350