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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 366,119,000 $ 106,666,000
Accounts receivable, net 138,482,000 140,455,000
Inventories 352,544,000 456,639,000
Income taxes receivable 629,000 9,919,000
Other current assets 54,853,000 75,671,000
Total current assets 912,627,000 789,350,000
Property, plant and equipment, net 146,495,000 132,760,000
ROU assets, net 194,776,000 160,098,000
Intangible assets, net 484,339,000 493,423,000
Deferred Tax Assets, Net, Noncurrent 59,735,000 73,948,000
Goodwill 56,658,000 203,743,000
Investment in golf-related venture 111,442,000 90,134,000
Income taxes receivable 14,528,000 17,092,000
Total assets 1,980,600,000 1,960,548,000
Current liabilities:    
Accounts payable and accrued expenses 278,755,000 276,300,000
Accrued employee compensation and benefits 30,937,000 46,891,000
Asset-based credit facilities 22,130,000 144,580,000
Lease liabilities, short-term 29,579,000 26,418,000
Accrued warranty expense 9,364,000 9,636,000
Current portion of long-term debt 14,599,000 7,317,000
Income taxes payable 5,908,000 12,104,000
Total current liabilities 391,272,000 523,246,000
Long-term liabilities:    
Lease liabilities, long-term 177,996,000 137,696,000
Income tax liability 6,943,000 7,264,000
Deferred taxes, net 58,628,000 73,483,000
Long-Term Debt, excluding current portion 650,564,000 443,259,000
Other Liabilities, Noncurrent 19,553,000 8,247,000
Commitments & contingencies (Note 14)
Shareholders’ equity:    
Preferred stock, $.01 par value, 3,000,000 shares authorized, none issued and outstanding at both December 31, 2020 and 2019 0 0
Common stock, $.01 par value, 240,000,000 shares authorized, 95,648,648 shares issued at both December 31, 2020 and 2019 956,000 956,000
Additional paid-in capital 346,945,000 323,600,000
Retained earnings 360,228,000 489,382,000
Accumulated other comprehensive loss (6,546,000) (22,422,000)
Less: Common stock held in treasury, at cost, 1,446,408 shares and 1,450,875 shares at December 31, 2020 and 2019, respectively (25,939,000) (24,163,000)
Total shareholders’ equity 675,644,000 767,353,000
Total liabilities and shareholders’ equity $ 1,980,600,000 $ 1,960,548,000