Company Information

  

Address: 333 BRIDGE STREET  
City: FAIRHAVEN 
State: MA 
Zip Code: 02719 
Telephone: 800-225-8500 

Description of Business

Primary SIC Code: 3949
(As filed with the SEC)  

We are the global leader in the design, development, manufacture and distribution of performance¬≠driven golf products, which are widely recognized for their quality excellence. Our mission--to be the performance and quality leader in every golf product category in which we compete--has remained consistent since we entered the golf ball business in 1932. Today, we are the steward of two of the most revered brands in golf--Titleist, one of golf's leading performance equipment brands, and FootJoy, one of golf's leading performance wear brands. Titleist has been the #1 ball in professional golf for 69 years and FootJoy has been the #1 shoe on the PGA Tour for over six decades. Our target market is dedicated golfers, who are the cornerstone of the worldwide golf industry. These dedicated golfers are avid and skill¬≠biased, prioritize performance and commit the time, effort and money to improve their game.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.270.13018.18
12/20171.230.12017.14
09/20171.030.12017.24
06/20170.840.12023.62
03/20170.780.12022.15
12/20160.62NA31.79

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.10Total Liab/Total Assets0.53
Net Inc/Total Assets0.05Total Liab/Inv Cap0.66
Net Inc/Inv Cap0.07Total Liab/Comm Equity1.02
Pretax Inc/Net Sales0.10Interest Coverage Ratio10.66
Net Inc/Net Sales0.06Curr Debt/Equity0.06
Cash Flow/Net Sales-0.02LTD/Equity0.51
SG&A/NetSales0.37Total Debt/Equity0.57
Asset Utilization   Liquidity  
Net Receivables Turnover8.47Quick Ratio1.05
Inventory Turnover2.21Current Ratio2.24
Inventory Day Sales0.01Net Rec/Curr Assets0.28
Net Sales/Work Cap4.10Inv/Curr Assets0.53
Net Sales/PP&E6.82  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 441.80 351.39 347.26 427.99
Cost of Goods Sold 214.13 172.89 174.30 205.08
Selling & Admin Exps 151.37 138.01 142.02 151.99
Operating Income 62.28 26.37 18.27 57.20
Interest Exp 4.41 3.85 4.04 4.90
Pretax Income 58.31 23.19 14.12 52.25
Other Income 0.43 0.67 -0.10 -0.05
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 41.48 11.67 9.32 33.02

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 48.37 47.72 73.19 80.90
Receivables - Total 348.52 190.85 209.44 264.87
Inventories - Total 363.33 363.96 320.97 294.94
Total Current Assets 847.14 687.08 673.67 713.84
Net Property, Plant & Equipment 225.26 228.92 228.38 232.66
Total Assets 1,882.89 1,727.32 1,705.56 1,752.85
Liabilities        
Accounts Payable 265.23 259.70 253.27 228.37
Debt in Current Liabilities 164.94 47.08 38.08 99.37
Total Current Liabilities 430.17 306.78 291.35 327.74
Long-Term Debt 408.26 416.97 425.72 431.50
Total Liabilities 1,028.69 912.60 894.90 954.66
Stockholder's Equity        
Minority Interest 31.87 32.66 32.01 33.10
Preferred Stock NA NA NA NA
Common Stock 0.08 0.07 0.07 0.07
Retained Earnings 37.82 1.62 -0.95 -1.12
Treasury Stock NA NA NA NA
Total Stockholders' Equity 854.20 814.73 810.66 798.19
Total Liabilities and Stockholders' Equity 1,882.89 1,727.32 1,705.56 1,752.85

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -86.83 -9.15 71.98 133.62
Net Cash Provided by Investing Activities -8.38 -6.06 -3.96 -5.15
Net Cash Provided by Financing Activities 94.82 -11.11 -78.21 -120.57

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20141,537.6121.56--
12/20151,502.96-0.97--
12/20161,572.2845.010.62
12/20171,560.2692.111.23
Growth Rates0.49----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1812839,05752.26




Report Date : 6/11/2018

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