Acushnet Holdings Corp
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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.
Jun 30, 2024 · Filed Aug 6, 2024
GOLF$85.03+0.5%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 Statements of Shareholders’ Equity (unaudited)
| Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveLoss, Net of Tax · RetainedEarnings · Treasury Stock · TotalShareholders'EquityAttributableto AcushnetHoldings Corp. · NoncontrollingInterests · TotalShareholders'Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in thousands) · Shares · Amount | |||||||||
| Balances as of March 31, 2023 | 76,769 | $77 | $956,834 | $(113,679) | $552,596 | $(408,706) | $987,122 | $38,026 | $1,025,148 |
| Net income (loss) | — | — | — | — | 74,655 | — | 74,655 | (28) | 74,627 |
| Other comprehensive loss | — | — | — | (666) | — | — | (666) | — | (666) |
| Share-based compensation | — | — | 8,617 | — | — | — | 8,617 | — | 8,617 |
| Vesting of restricted common stock, including impact of DERs, net of shares withheld for employee taxes (Note 11) | 13 | — | (5) | — | — | — | (5) | — | (5) |
| Purchases of common stock (Note 10) | — | — | — | — | — | (23,991) | (23,991) | — | (23,991) |
| Share repurchase liability (Note 10) | — | — | — | — | — | (14,846) | (14,846) | — | (14,846) |
| Dividends and dividend equivalents declared | — | — | — | — | (13,667) | — | (13,667) | — | (13,667) |
| Balances as of June 30, 2023 | 76,782 | $77 | $965,446 | $(114,345) | $613,584 | $(447,543) | $1,017,219 | $37,998 | $1,055,217 |
| Balances as of March 31, 2024 | 63,288 | $63 | $794,071 | $(115,479) | $205,081 | $— | $883,736 | $35,703 | $919,439 |
| Net income (loss) | — | — | — | — | 71,428 | — | 71,428 | (687) | 70,741 |
| Other comprehensive loss | — | — | — | (7,559) | — | — | (7,559) | — | (7,559) |
| Share-based compensation | — | — | 7,379 | — | — | — | 7,379 | — | 7,379 |
| Vesting of restricted common stock, including impact of DERs, net of shares withheld for employee taxes (Note 11) | 29 | — | (1,420) | — | — | — | (1,420) | — | (1,420) |
| Purchases of common stock (Note 10) | (588) | — | (7,471) | — | (30,028) | — | (37,499) | — | (37,499) |
| Share repurchase liability (Note 10) | — | — | — | — | — | (37,499) | (37,499) | — | (37,499) |
| Dividends and dividend equivalents declared | — | — | — | — | (13,873) | — | (13,873) | — | (13,873) |
| Redemption value adjustment (Note 1) | — | — | — | — | (1,000) | — | (1,000) | — | (1,000) |
| Balances as of June 30, 2024 | 62,729 | $63 | $792,559 | $(123,038) | $231,608 | $(37,499) | $863,693 | $35,016 | $898,709 |
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED)
| Common Stock · AdditionalPaid-inCapital · AccumulatedOtherComprehensiveLoss, Net of Tax · RetainedEarnings · Treasury Stock · TotalShareholders'EquityAttributableto AcushnetHoldings Corp. · NoncontrollingInterests · TotalShareholders'Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in thousands) · Shares · Amount | |||||||||
| Balances as of December 31, 2022 | 76,322 | $76 | $960,685 | $(109,668) | $473,130 | $(385,167) | $939,056 | $37,647 | $976,703 |
| Sale of equity to noncontrolling interests (Note 1) | — | — | 444 | — | (180) | — | 264 | — | 264 |
| Net income | — | — | — | — | 167,930 | — | 167,930 | 351 | 168,281 |
| Other comprehensive loss | — | — | — | (4,677) | — | — | (4,677) | — | (4,677) |
| Share-based compensation | — | — | 15,736 | — | — | — | 15,736 | — | 15,736 |
| Vesting of restricted common stock, including impact of DERs, net of shares withheld for employee taxes (Note 11) | 460 | 1 | (11,419) | — | — | — | (11,418) | — | (11,418) |
| Purchases of common stock (Note 10) | — | — | — | — | — | (47,530) | (47,530) | — | (47,530) |
| Share repurchase liability (Note 10) | — | — | — | — | — | (14,846) | (14,846) | — | (14,846) |
| Dividends and dividend equivalents declared | — | — | — | — | (27,296) | — | (27,296) | — | (27,296) |
| Balances as of June 30, 2023 | 76,782 | $77 | $965,446 | $(114,345) | $613,584 | $(447,543) | $1,017,219 | $37,998 | $1,055,217 |
| Balances as of December 31, 2023 | 63,429 | $63 | $808,615 | $(104,349) | $159,906 | $— | $864,235 | $38,852 | $903,087 |
| Net income (loss) | — | — | — | — | 159,190 | — | 159,190 | (3,836) | 155,354 |
| Other comprehensive loss | — | — | — | (18,689) | — | — | (18,689) | — | (18,689) |
| Share-based compensation | — | — | 14,639 | — | — | — | 14,639 | — | 14,639 |
| Vesting of restricted common stock, including impact of DERs, net of shares withheld for employee taxes (Note 11) | 435 | — | (16,354) | — | — | — | (16,354) | — | (16,354) |
| Purchases of common stock (Note 10) | (1,135) | — | (14,341) | — | (58,460) | — | (72,801) | — | (72,801) |
| Share repurchase liability (Note 10) | — | — | — | — | — | (37,499) | (37,499) | — | (37,499) |
| Dividends and dividend equivalents declared | — | — | — | — | (28,028) | — | (28,028) | — | (28,028) |
| Redemption value adjustment (Note 1) | — | — | — | — | (1,000) | — | (1,000) | — | (1,000) |
| Balances as of June 30, 2024 | 62,729 | $63 | $792,559 | $(123,038) | $231,608 | $(37,499) | $863,693 | $35,016 | $898,709 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.