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. Driven by our focus on dedicated and discerning golfers and the golf shops that serve them, we believe we are the most authentic and enduring company in the golf industry. 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 68 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.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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 2016 Leverage 2016
Net Inc/Comm Equity0.05Total Liab/Total Assets0.58
Net Inc/Total Assets0.03Total Liab/Inv Cap0.82
Net Inc/Inv Cap0.04Total Liab/Comm Equity1.14
Pretax Inc/Net Sales0.06Interest Coverage Ratio2.79
Net Inc/Net Sales0.03Curr Debt/Equity0.08
Cash Flow/Net Sales0.07LTD/Equity0.47
SG&A/NetSales0.38Total Debt/Equity0.56
Asset Utilization   Liquidity  
Net Receivables Turnover8.50Quick Ratio0.74
Inventory Turnover2.38Current Ratio1.44
Inventory Day Sales0.01Net Rec/Curr Assets0.27
Net Sales/Work Cap7.77Inv/Curr Assets0.49
Net Sales/PP&E6.56  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 347.26 427.99 433.62 329.76
Cost of Goods Sold 174.30 205.08 207.20 161.77
Selling & Admin Exps 142.02 151.81 148.00 144.37
Operating Income 18.27 57.39 64.29 7.61
Interest Exp 4.04 4.90 2.92 5.83
Pretax Income 14.12 52.25 62.12 1.46
Other Income -0.10 -0.24 0.75 -0.32
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 9.32 33.02 38.11 -0.18

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 73.19 80.90 72.74 79.14
Receivables - Total 209.44 264.87 321.44 177.51
Inventories - Total 320.97 294.94 314.16 323.29
Total Current Assets 673.67 713.84 789.85 664.53
Net Property, Plant & Equipment 228.38 232.66 234.40 239.75
Total Assets 1,705.56 1,752.85 1,845.33 1,736.17
Liabilities        
Accounts Payable 253.27 228.37 253.62 400.86
Debt in Current Liabilities 38.08 99.37 193.06 61.25
Total Current Liabilities 291.35 327.74 446.68 462.11
Long-Term Debt 425.72 431.50 437.43 348.35
Total Liabilities 894.90 954.66 1,076.52 1,000.31
Stockholder's Equity        
Minority Interest 32.01 33.10 32.07 32.96
Preferred Stock NA NA NA NA
Common Stock 0.07 0.07 0.07 0.07
Retained Earnings -0.95 -1.12 -24.99 -53.95
Treasury Stock NA NA NA NA
Total Stockholders' Equity 810.66 798.19 768.81 735.87
Total Liabilities and Stockholders' Equity 1,705.56 1,752.85 1,845.33 1,736.17

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 71.98 133.62 -223.49 -16.84
Net Cash Provided by Investing Activities -3.96 -5.15 -3.68 -6.59
Net Cash Provided by Financing Activities -78.21 -120.57 219.14 18.83

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
Growth Rates1.12----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/179833,07144.40




Report Date : 12/4/2017

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