Callaway Golf Co
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
CALY$17.37-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets as of and
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except share data)
| September 30, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $433.5 | $903.2 |
| Restricted cash | 0.2 | — |
| Accounts receivable, less allowance of $4.6 million and $4.9 million, respectively | 186.0 | 123.2 |
| Inventories | 536.2 | 625.3 |
| Prepaid expenses | 41.0 | 44.1 |
| Other current assets | 78.4 | 69.8 |
| Current assets of discontinued operations (Note 3) | — | 4,170.0 |
| Total current assets | 1,275.3 | 5,935.6 |
| Property, plant and equipment, net | 157.1 | 159.5 |
| Operating lease right-of-use assets, net | 154.7 | 173.5 |
| Trade names and trademarks | 218.8 | 218.8 |
| Other intangible assets, net | 2.9 | 3.6 |
| Goodwill | 619.5 | 619.8 |
| Equity method investments (Note 9) | 195.2 | — |
| Deferred tax assets, long-term | 74.4 | 109.2 |
| Other assets, net | 83.0 | 66.0 |
| Total assets | $2,780.9 | $7,286.0 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $231.5 | $296.2 |
| Accrued employee compensation and benefits | 72.9 | 84.9 |
| Long-term debt, current portion | 2.9 | 765.3 |
| Asset-based credit facilities | 44.5 | 44.7 |
| Operating lease liabilities, short-term | 23.5 | 22.9 |
| Deferred revenue | 17.4 | 21.5 |
| Other current liabilities | 19.9 | 18.5 |
| Current liabilities of discontinued operations (Note 3) | — | 3,113.5 |
| Total current liabilities | 412.6 | 4,367.5 |
| Long-term debt, net | 2.9 | 650.7 |
| Operating lease liabilities, long-term | 169.2 | 189.7 |
| Other long-term liabilities | 30.8 | 9.2 |
| Commitments and contingencies (Note 12) | ||
| Shareholders’ equity: | ||
| Preferred stock, $0.01 par value, 3.0 million shares authorized, none issued and outstanding at both September 30, 2026 and December 31, 2025 | — | — |
| Common stock, $0.01 par value, 360.0 million shares authorized, and 186.2 million shares issued at both September 30, 2026 and December 31, 2025 | 1.9 | 1.9 |
| Additional paid-in capital | 3,040.9 | 3,037.5 |
| Retained earnings (accumulated deficit) | (695.5) | (909.5) |
| Accumulated other comprehensive loss | (32.0) | (27.6) |
| Less: Common stock held in treasury, at cost, 10.0 million and 2.3 million shares as of September 30, 2026 and December 31, 2025, respectively | (149.9) | (33.4) |
| Total shareholders’ equity | 2,165.4 | 2,068.9 |
| Total liabilities and shareholders’ equity | $2,780.9 | $7,286.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.