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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 296,996,000 $ 446,708,000 $ 739,272,000 $ 962,905,000
Cost of sales 174,941,000 239,891,000 421,543,000 517,655,000
Gross profit 122,055,000 206,817,000 317,729,000 445,250,000
Operating expenses:        
Selling expense 80,166,000 113,113,000 191,227,000 232,434,000
General and administrative expense 35,049,000 35,423,000 65,742,000 72,361,000
Research and development expense 10,020,000 13,082,000 23,260,000 25,620,000
Goodwill and Intangible Asset Impairment 174,269,000 0 174,269,000 0
Total operating expenses 299,504,000 161,618,000 454,498,000 330,415,000
Income (loss) from operations (177,449,000) 45,199,000 (136,769,000) 114,835,000
Interest income 119,000 476,000 218,000 665,000
Interest expense (12,282,000) (10,736,000) (21,496,000) (20,564,000)
Other income (expense), net 13,997,000 1,167,000 20,477,000 (773,000)
Income (loss) before income taxes (175,615,000) 36,106,000 (137,570,000) 94,163,000
Income tax provision (benefit) (7,931,000) 7,208,000 1,220,000 16,764,000
Net income (loss) (167,684,000) 28,898,000 (138,790,000) 77,399,000
Less: Net loss attributable to non-controlling interest 0 (33,000) 0 (179,000)
Net income (loss) attributable to Callaway Golf Company $ (167,684,000) $ 28,931,000 $ (138,790,000) $ 77,578,000
Earnings (loss) per common share:        
Basic (usd per share) $ (1.78) $ 0.31 $ (1.47) $ 0.82
Diluted (usd per share) $ (1.78) $ 0.30 $ (1.47) $ 0.81
Weighted-average common shares outstanding:        
Basic (in shares) 94,141 94,074 94,225 94,377
Diluted (in shares) 94,141 95,891 94,225 96,153