Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill by operating and reportable segment are as follows (in millions):

	Golf Equipment		Active Lifestyle		Total
Balance at December 31, 2024	$	530.3	$	89.9	$	620.2
Disposals (1)	—		(1.5)		(1.5)
Foreign currency translation and other	1.3		(0.1)		1.2
Balance at June 30, 2025	$	531.6	$	88.3	$	619.9
(1) Represents goodwill associated with the sale of the Jack Wolfskin business completed during the second quarter of 2025 (see Note 3).

Schedule of Intangible Assets by Major Asset Class

Intangible assets by major asset class are as follows (in millions, except useful life amounts):

	Indefinite-lived:				Amortizing:
	Trade names and Trademarks		Liquor Licenses		Patents		Customer/ Distributor Relationships and Other		Developed Technology		Total
Useful Life (Years)	NA		NA		2-16		1-10		10
Gross as of December 31, 2024	$	1,338.7	$	10.7	$	32.5	$	75.4	$	63.4	$	1,520.7
Acquisitions	0.3		0.1		0.4		—		—		0.8
Disposals (1)	(228.4)		—		—		(41.9)		—		(270.3)
Impairment	—		(0.2)		—		—		—		(0.2)
Gross as of June 30, 2025	$	1,110.6	$	10.6	$	32.9	$	33.5	$	63.4	$	1,251.0
Accumulated amortization	—		—		(32.0)		(49.7)		(28.4)		$	(110.1)
Disposals (1)	—		—		—		24.3		—		24.3
Foreign currency and other	—		—		0.1		(0.1)		(1.7)		(1.7)
Net book value, June 30, 2025	$	1,110.6	$	10.6	$	1.0	$	8.0	$	33.3	$	1,163.5
Gross as of December 31, 2024	$	1,338.7	$	10.7	$	32.5	$	75.4	$	63.4	$	1,520.7
Accumulated amortization	—		—		(32.0)		(48.1)		(25.5)		(105.6)
Foreign currency and other	(34.8)		—		—		(4.5)		(3.2)		(42.5)
Net book value, December 31, 2024	$	1,303.9	$	10.7	$	0.5	$	22.8	$	34.7	$	1,372.6
(1) Represents intangible asset amounts disposed of in connection with the sale of the Jack Wolfskin business which was completed during the second quarter of 2025 (see Note 3).

Schedule of Amortization Expense Related to Intangible Assets

As of June 30, 2025, intangible asset amortization expense is expected to be incurred for the periods presented as follows (in millions):

Remainder of 2025	$	3.6
2026	7.2
2027	6.9
2028	6.6
2029	6.5
Thereafter	10.1
Total	$	40.9