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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 105,254,000 $ 41,667,000 $ 190,954,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 19,948,000 17,605,000 16,586,000
Inventory step-up amortization from acquisitions 0 3,112,000 0
Deferred taxes 21,705,000 24,594,000 (141,447,000)
Share-based compensation 13,530,000 12,647,000 8,965,000
(Gain) loss on disposal of long-lived assets and deferred gain amortization (13,000) 1,490,000 (116,000)
Gain on sale of investments in golf-related ventures 0 0 (17,662,000)
Unrealized (gains) losses on foreign currency forward contracts (4,585,000) 1,023,000 (683,000)
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable, net (2,109,000) 51,618,000 (16,965,000)
Inventories (78,017,000) (52,010,000) 24,251,000
Other assets (9,975,000) (6,533,000) 168,000
Accounts payable and accrued expenses 22,268,000 15,414,000 12,553,000
Accrued employee compensation and benefits 3,148,000 7,021,000 (489,000)
Income taxes receivable and payable 82,000 (2,155,000) 2,493,000
Accrued warranty expense 953,000 1,262,000 (311,000)
Other liabilities 93,000 944,000 (587,000)
Net cash provided by operating activities 92,282,000 117,699,000 77,710,000
Cash flows from investing activities:      
Payments to Acquire Businesses, Net of Cash Acquired 0 (183,478,000) 0
Capital expenditures (36,825,000) (26,203,000) (16,152,000)
Investment in golf-related ventures (1,743,000) (21,499,000) (1,448,000)
Proceeds from sale of property, plant and equipment 43,000 587,000 20,000
Proceeds from sale of investments in golf-related ventures 0 0 23,429,000
Note receivable 0 0 3,104,000
Net cash (used in) provided by investing activities (38,525,000) (230,593,000) 8,953,000
Cash flows from financing activities:      
(Repayments of) proceeds from credit facilities, net (47,455,000) 75,789,000 (3,003,000)
Exercise of stock options (2,186,000) 11,815,000 0
Exercise of stock options 1,636,000 5,362,000 2,637,000
Acquisition of treasury stock (22,456,000) (16,617,000) (5,144,000)
Dividends paid, net (3,788,000) (3,773,000) (3,764,000)
Credit facility amendment costs 0 (2,246,000) 0
Distributions to non-controlling interest (821,000) (974,000) 0
Other financing activities 0 0 20,000
Net cash (used in) provided by financing activities (75,070,000) 69,356,000 (9,254,000)
Effect of exchange rate changes on cash and cash equivalents (380,000) 3,237,000 (1,235,000)
Net (decrease) increase in cash and cash equivalents (21,693,000) (40,301,000) 76,174,000
Cash and cash equivalents at beginning of year 85,674,000 125,975,000 49,801,000
Cash and cash equivalents at end of year 63,981,000 85,674,000 125,975,000
Supplemental disclosures:      
Cash paid for interest and fees 4,990,000 4,594,000 1,626,000
Cash paid for income taxes, net 10,000,000 10,788,000 6,143,000
Noncash investing and financing activities:      
Conversion of convertible notes to common stock, net of discount (Note 4) 2,672,000 2,007,000 736,000
Issuance of treasury stock and common stock for compensatory stock awards released from restriction $ 5,744,000 $ 5,813,000 $ 920,000