Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Computation of Basic and Diluted Earnings (Loss) Per Share

The following table summarizes the computation of basic and diluted (loss) earnings per share:

	Years Ended December 31,
	2020		2019		2018
	(In thousands, except per share data)
(Loss) earnings per common share—basic
Net (loss) income attributable to Callaway Golf Company	$	(126,934)	$	79,408	$	104,740
Weighted-average common shares outstanding—basic	94,201		94,251		94,579
Basic (loss) earnings per common share	$	(1.35)	$	0.84	$	1.11
(Loss) earnings per common share—diluted
Net (loss) income attributable to Callaway Golf Company	$	(126,934)	$	79,408	$	104,740
Weighted-average common shares outstanding—basic	94,201		94,251		94,579
Options, restricted stock and performance based awards	—		2,036		2,574
Weighted-average common shares outstanding—diluted	94,201		96,287		97,153
Diluted (loss) earnings per common share	$	(1.35)	$	0.82	$	1.08