Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table contains information utilized by management to evaluate our operating segments for the interim periods presented (in millions):

	Three Months Ended March 31,
	2024		2023
Net revenues:
Topgolf	$	422.8	$	403.5
Golf Equipment	449.9		443.7
Active Lifestyle	271.5		320.2
Total net revenues	$	1,144.2	$	1,167.4
Segment operating income:
Topgolf	$	2.9	$	2.8
Golf Equipment	82.1		81.6
Active Lifestyle	24.7		37.3
Total segment operating income	109.7		121.7
Reconciling items(1)	(42.8)		(41.2)
Total operating income	66.9		80.5
Interest expense, net	(58.8)		(49.6)
Other income, net	3.4		(10.1)
Total income before income taxes	$	11.5	$	20.8
Additions to property, plant, and equipment:
Topgolf	$	64.1	$	133.2
Golf Equipment	1.4		3.4
Active Lifestyle	3.7		3.4
Corporate	5.8		14.5
Total additions to long-lived assets	$	75.0	$	154.5
(1) Reconciling items include corporate general and administrative expenses not utilized by management in determining segment profitability, including the amortization and depreciation of acquired intangible assets, purchase accounting adjustments related to acquisitions and other non-recurring costs associated with our debt modifications, integration of new IT systems stemming from acquisitions, and cybersecurity costs.