Business Combinations (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date based on the purchase price allocation (in thousands):



	At January 4, 2019
Assets Acquired
Cash		$	58,096
Accounts receivable		33,491
Inventories		90,849
Other current assets		10,287
Property and equipment		26,180
Deferred tax assets		2,557
Other assets		23
Intangibles - trade name		239,295
Intangibles - franchisee & distributor relationships		38,743
Goodwill		152,237
Total assets acquired		651,758
Liabilities Assumed
Accounts Payable and accrued liabilities		46,347
Deferred tax liabilities		84,210
Net assets acquired		$	521,201

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents supplemental pro-forma information for the three and nine months ended September 30, 2019 and 2018 as if the Jack Wolfskin acquisition had occurred on January 1, 2018. These amounts have been calculated after applying the Company's accounting policies and are based upon currently available information. For this analysis, the Company assumed that costs associated with the acquisition, including the amortization of intangible assets and the step-up of inventory, as well as the tax effect on those costs, were recognized as of January 1, 2018. Pre-acquisition net sales and net income amounts for Jack Wolfskin were derived from the books and records of Jack Wolfskin prepared prior to the acquisition and are presented for informational purposes only and do not purport to be indicative of the results of future operations or of the results that would have occurred had the acquisition taken place as of the dates noted below.



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(in thousands)
Net sales	$	426,217	$	407,453	$	1,389,122	$	1,354,836
Net income attributable to Callaway Golf Company	$	32,366	$	26,781	$	124,478	$	104,545