CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 82,021	$ 125,975
Accounts receivable, net	152,420	127,863
Inventories	186,585	189,400
Income taxes receivable	5,109	637
Other current assets	20,466	16,550
Total current assets	446,601	460,425
Property, plant and equipment, net	65,906	54,475
Intangible assets, net (Note 6)	224,351	88,731
Goodwill (Note 6)	56,091	25,593
Deferred taxes, net	83,149	114,707
Investment in golf-related venture (Note 8)	50,495	48,997
Other assets	9,390	8,354
Total assets	935,983	801,282
Current liabilities:
Accounts payable and accrued expenses	140,572	132,521
Accrued employee compensation and benefits	34,830	32,568
Asset-based credit facilities	70,618	11,966
Accrued warranty expense	7,550	5,395
Income tax liability	3,552	4,404
Total current liabilities	257,122	186,854
Long-term liabilities:
Income tax payable	4,152	3,608
Deferred taxes, net	1,793	1,596
Long-term incentive compensation and other	764	624
Commitments and contingencies (Note 11)
Shareholders’ equity:
Preferred stock, $0.01 par value, 3,000,000 shares authorized, none issued and outstanding at September 30, 2017 and December 31, 2016	0	0
Common stock, $0.01 par value, 240,000,000 shares authorized, 95,042,557 and 94,214,295 shares issued at September 30, 2017 and December 31, 2016, respectively	950	942
Additional paid-in capital	332,133	330,206
Retained earnings	344,413	287,129
Accumulated other comprehensive loss	(9,041)	(18,466)
Less: Common stock held in treasury, at cost, 506,188 and 97,837 shares at September 30, 2017 and December 31, 2016, respectively	(5,450)	(905)
Total Callaway Golf Company shareholders’ equity	663,005	598,906
Non-controlling interest in consolidated entity (Note 7)	9,147	9,694
Total shareholders’ equity	672,152	608,600
Total liabilities and shareholders’ equity	$ 935,983	$ 801,282

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.