Topgolf Callaway Brands (MODG) 10-Q 28 Oct 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	30-Sep-13
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Trading Symbol	ELY
Entity Registrant Name	CALLAWAY GOLF CO
Entity Central Index Key	837465
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	74,529,462

CONSOLIDATED_CONDENSED_BALANCE

CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$37,399	$52,003
Accounts receivable, net	157,371	91,072
Inventories	190,870	211,734
Other current assets	24,465	29,791
Assets held for sale	0	2,396
Total current assets	410,105	386,996
Property, plant and equipment, net	73,957	89,093
Intangible assets, net	88,922	89,189
Goodwill	29,060	29,034
Other assets	48,865	43,324
Total assets	650,909	637,636
Current liabilities:
Accounts payable and accrued expenses	123,672	129,021
Accrued employee compensation and benefits	26,759	20,649
Accrued warranty expense	6,766	7,539
Other current liabilities	5,810	4,357
Total current liabilities	163,007	161,566
Long-term liabilities:
Income tax payable	6,192	6,565
Deferred taxes, net	33,849	33,533
Convertible notes, net (Note 3)	107,656	107,133
Long-term incentive compensation and other	5,451	7,131
Commitments and contingencies (Note 13)
Shareholders’ equity:
Preferred stock, $0.01 par value, 3,000,000 shares authorized, 183,796 and 417,639 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	2	4
Common stock, $0.01 par value, 240,000,000 shares authorized, 75,712,132 and 72,264,020 shares issued at September 30, 2013 and December 31, 2012, respectively	757	723
Additional paid-in capital	205,714	204,510
Retained earnings	138,960	113,831
Accumulated other comprehensive income	2,884	14,770
Less: Common stock held in treasury, at cost, 1,184,970 and 1,267,436 shares at March 31, 2013 and December 31, 2012, respectively	-13,563	-14,848
Total Callaway Golf Company shareholders’ equity	334,754	318,990
Non-controlling interest in consolidated entity (Note 10)	0	2,718
Total shareholders’ equity	334,754	321,708
Total liabilities and shareholders’ equity	$650,909	$637,636

CONSOLIDATED_CONDENSED_BALANCE1

CONSOLIDATED CONDENSED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	3,000,000	3,000,000
Preferred stock, shares issued	183,796	417,639
Preferred stock, shares outstanding	183,796	417,639
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	240,000,000	240,000,000
Common stock, shares issued	75,712,132	72,264,020
Common Stock held in treasury, shares	1,182,670	1,267,436

CONSOLIDATED_CONDENSED_STATEME

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]
Net sales	$178,229	$147,906	$715,631	$714,127
Cost of sales	118,820	144,106	430,134	475,303
Gross profit	59,409	3,800	285,497	238,824
Operating expenses:
Selling expense	49,871	60,273	179,851	212,822
General and administrative expense	18,870	18,238	48,626	48,918
Research and development expense	7,689	7,978	22,435	22,381
Total operating expenses	76,430	86,489	250,912	284,121
Income (loss) from operations	-17,021	-82,689	34,585	-45,297
Other income (expense), net	-3,095	-3,359	934	-4,246
Income (loss) before income taxes	-20,116	-86,048	35,519	-49,543
Income tax provision	1,037	750	4,941	2,654
Net income (loss)	-21,153	-86,798	30,578	-52,197
Dividends on convertible preferred stock	-1,766	-2,414	-3,332	-7,664
Net income (loss) allocable to common shareholders	($22,919)	($89,212)	$27,246	($59,861)
Earnings (loss) per common share:
Basic	($0.32)	($1.33)	$0.38	($0.91)
Diluted	($0.32)	($1.33)	$0.36	($0.91)
Weighted-average common shares outstanding:
Basic	72,649	67,162	71,613	65,740
Diluted	72,649	67,162	86,870	65,740

CONSOLIDATED_CONDENSED_STATEME1

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Other Comprehensive Income [Abstract]
Net income (loss)	($21,153)	($86,798)	$30,578	($52,197)
Other comprehensive income (loss):
Foreign currency translation adjustments	1,948	4,168	-11,886	3,100
Comprehensive income (loss)	($19,205)	($82,630)	$18,692	($49,097)

CONSOLIDATED_CONDENSED_STATEME2

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:
Net income (loss)	$30,578	($52,197)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	19,693	26,576
Asset Impairment Charges	0	17,056
Deferred taxes	303	-1,397
Non-cash share-based compensation	2,592	2,482
Loss (gain) on disposal of long-lived assets	2,428	-1,521
Gain on sale of intangible assets	0	-6,602
Discount amortization on convertible notes	523	27
Change in assets and liabilities:
Accounts receivable, net	-69,122	-27,093
Inventories	14,132	46,984
Other assets	2,013	1,835
Accounts payable and accrued expenses	-151	-32,310
Accrued employee compensation and benefits	6,614	-3,367
Accrued warranty expense	-773	-7
Other liabilities	-1,272	283
Net cash provided by (used in) operating activities	7,558	-29,251
Cash flows from investing activities:
Capital expenditures	-8,920	-16,001
Proceeds from sales of property and equipment	4,025	324
Net proceeds from sales of intangible assets	0	26,861
Other investing activities	-7,189	0
Net cash (used in) provided by investing activities	-12,084	11,184
Cash flows from financing activities:
Dividends paid	-4,882	-9,526
Equity issuance costs	-274	0
Proceeds from issuance of convertible notes	0	46,819
Debt issuance costs	0	-3,534
Other financing activities	0	40
Net cash (used in) provided by financing activities	-5,156	33,799
Effect of exchange rate changes on cash and cash equivalents	-4,922	384
Net (decrease) increase in cash and cash equivalents	-14,604	16,116
Cash and cash equivalents at beginning of period	52,003	43,023
Cash and cash equivalents at end of period	37,399	59,139
Supplemental disclosures:
Cash paid for income taxes, net	4,401	1,709
Cash paid for interest and fees	4,336	7,148
Noncash investing and financing activities:
Dividends payable	57	131
Notes Issued	0	60,078
Issuance of treasury stock from the settlement of compensatory stock awards	1,649	3,641
Acquisition of treasury stock for minimum statutory withholding taxes	-364	-771
Accrued capital expenditures at period end	1,936	76
Other Preferred Stock Dividends and Adjustments	$544	$0

CONSOLIDATED_CONDENSED_STATEME3

CONSOLIDATED CONDENSED STATEMENT OF SHAREHOLDERS' EQUITY (USD $)	Total	Preferred Stock	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Non-controlling Interest
In Thousands
Beginning Balance at Dec. 31, 2012	$321,708	$4	$723	$204,510	$113,831	$14,770	($14,848)	$2,718
Beginning Balance (in shares) at Dec. 31, 2012		418	72,264				-1,267
Acquisition of treasury stock (in shares)							-56
Acquisition of treasury stock	-364						-364
Issuance of treasury stock (in shares)							140
Issuance of treasury stock				-1,649			1,649
Preferred stock to common stock exchange (in shares)		-234	3,317
Preferred stock to common stock exchange		-2	33	-31
Equity issuance costs	-274			-274
Compensatory stock and stock options (in shares)			56
Compensatory stock and stock options	2,592			2,592
Stock dividends (in shares)			75
Stock dividends			1	566	-567
Cash dividends	-4,882				-4,882
Equity adjustment from foreign currency translation	-11,886					-11,886
Changes in non-controlling interest	-2,718							-2,718
Net income	30,578				30,578			0
Ending Balance at Sep. 30, 2013	$334,754	$2	$757	$205,714	$138,960	$2,884	($13,563)	$0
Ending Balance (in shares) at Sep. 30, 2013		184	75,712				-1,183

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]
Basis of Presentation	Note 1. Basis of Presentation
	The accompanying unaudited consolidated condensed financial statements have been prepared by Callaway Golf Company (the “Company” or “Callaway Golf”) pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. These consolidated condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 filed with the SEC. These consolidated condensed financial statements, in the opinion of management, include all adjustments necessary for the fair presentation of the financial position, results of operations and cash flows for the periods and dates presented. Interim operating results are not necessarily indicative of operating results for the full year.
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates and assumptions.
	Recent Accounting Standards
	The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This ASU provides guidance on releasing cumulative translation adjustments to net income when an entity ceases to have a controlling financial interest in a subsidiary or business within a foreign entity. The cumulative translation adjustments should be released only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets resides. This ASU is effective on a prospective basis for fiscal years and interim reporting periods within those years, beginning after December 15, 2013. The Company is currently evaluating the impact this ASU will have on its consolidated condensed financial statements.
	In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.” This ASU requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. ASU No. 2011-11 is effective for annual and interim reporting periods beginning on or after January 1, 2013 on a retrospective basis. The adoption of this ASU did not have a material impact on the Company’s disclosures to the consolidated condensed financial statements.

Cost_Reduction_Initiatives

Cost Reduction Initiatives	9 Months Ended
	Sep. 30, 2013
Restructuring and Related Activities [Abstract]
Cost Reduction Initiatives	Note 2. Cost Reduction Initiatives
	In July 2012, the Company implemented its cost-reduction initiatives (the “Cost Reduction Initiatives”) in order to streamline and simplify the Company’s organizational structure and change the manner in which the Company approaches and operates its business. In the aggregate through September 30, 2013, the Company recognized total charges of $64,426,000 in connection with these initiatives, of which approximately two-thirds resulted in non-cash charges. In connection with Cost Reduction Initiatives, the Company expects to incur total pre-tax charges of approximately $68,000,000, and expects to realize total savings of approximately $60,000,000. The Company expects to incur estimated future charges of approximately $3,000,000 over the next three months. These estimates are based upon current information and expectations, however, the amount, nature, or timing of these charges could vary as the Company further develops and implements these initiatives.
	During the three and nine months ended September 30, 2013, the Company recognized charges of $1,858,000 and $10,365,000 in connection with the Cost Reduction Initiatives. Amounts recognized in cost of sales during the three and nine months ended September 30, 2013 totaled $1,005,000 and $7,374,000, respectively, and amounts recognized in operating expenses totaled $853,000 and $2,991,000, respectively. During the three and nine months ended September 30, 2012, the Company recognized charges of $35,084,000 and $39,755,000 in connection with these initiatives. Amounts recognized in cost of sales during the three and nine months ended September 30, 2012 totaled $27,302,000 and $28,263,000, respectively, and amounts recognized in operating expenses totaled $7,782,000 and $11,492,000, respectively. See Note 17 for charges recognized by the Company’s operating segments.
	The table below summarizes the total charges recognized during 2013, the liability balances, and the estimated future charges relating to the Cost Reduction Initiatives (in thousands). Amounts payable as of September 30, 2013 and December 31, 2012 are included in accrued employee compensation and benefits and accounts payable and accrued expenses in the accompanying consolidated condensed balance sheets.
		Cost Reduction Initiatives
		Workforce			Transition			Asset			Total
		Reductions			Costs			Write-offs
	Restructuring payable balance, December 31, 2012	$	4,531		$	591		$	—		$	5,122
	Charges to cost and expense	1,091			2,418			—			3,509
	Non-cash items	—			(1,699		)	—			(1,699		)
	Cash payments	(3,547		)	(717		)	—			(4,264		)
	Restructuring payable balance, March 31, 2013	$	2,075		$	593		$	—		$	2,668
	Charges to cost and expense	677			997			3,324			4,998
	Non-cash items	—			(412		)	(3,324		)	(3,736		)
	Cash payments	(1,652		)	(1,071		)	—			(2,723		)
	Restructuring payable balance, June 30, 2013	$	1,100		$	107		$	—		$	1,207
	Charges to cost and expense	602			1,256			—			1,858
	Non-cash items	—			(675		)	—			(675		)
	Cash payments	(669		)	(45		)	—			(714		)
	Restructuring payable balance, September 30, 2013	$	1,033		$	643		$	—		$	1,676
	Total future estimated charges as of September 30, 2013	$	700		$	2,300		$	—		$	3,000

Financing_Arrangements

Financing Arrangements	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]
Financing Arrangements	Note 3. Financing Arrangements
	In addition to cash on hand, as well as cash generated from operations, the Company relies on its asset-based revolving credit facility to manage seasonal fluctuations in liquidity and to provide additional liquidity when the Company’s operating cash flows are not sufficient to fund the Company’s requirements. The Company’s ability to generate sufficient positive cash flows from operations is subject to many risks and uncertainties, including future economic trends and conditions, the success of the Company’s multi-year turnaround, demand for the Company’s products, foreign currency exchange rates, and the other risks and uncertainties applicable to the Company and its business. If the Company is unable to generate sufficient cash flows to fund its business due to a decline in sales or otherwise and is unable to reduce its manufacturing costs and operating expenses to offset such decline, the Company will need to increase its reliance on its credit facility for needed liquidity. If the Company’s current credit facility is not available or sufficient and the Company could not secure alternative financing arrangements, the Company’s future operations would be significantly, adversely affected. The Company believes that its current credit facility, along with its cash on hand and cash flows expected to be generated from operations, is sufficient to meet the Company’s liquidity requirements for at least the next 12 months.
	Asset-Based Revolving Credit Facility
	The Company has a Loan and Security Agreement with Bank of America N.A. (as amended, the “ABL Facility”) which provides a senior secured asset-based revolving credit facility of up to $230,000,000, comprised of a $158,333,000 U.S. facility, a $31,667,000 Canadian facility, and a $40,000,000 United Kingdom facility, in each case subject to borrowing base availability under the applicable facility. The aggregate amount outstanding under the Company’s letters of credit was $1,278,000 at September 30, 2013. The amounts outstanding under the ABL Facility are secured by certain assets, including cash (to the extent pledged by the Company), inventory and accounts receivable, of the Company’s U.S., Canadian and U.K. legal entities.
	As of September 30, 2013, the Company had no borrowings outstanding under the ABL Facility and had $37,399,000 of cash and cash equivalents. As of September 30, 2013, the Company could borrow $47,607,000 under the ABL Facility. The maximum availability under the ABL Facility fluctuates with the general seasonality of the business and increases and decreases with changes in the Company’s inventory and accounts receivable balances. The maximum availability is at its highest during the first half of the year when the Company’s inventory and accounts receivable balances are high and then decreases during the second half of the year when the Company’s accounts receivable balances are lower due to an increase in cash collections. Average outstanding borrowings during the nine months ended September 30, 2013 was $41,119,000 and average available liquidity, defined as cash on hand combined with amounts available under the ABL Facility after outstanding borrowings was $91,318,000. Amounts borrowed under the ABL Facility may be repaid and borrowed as needed. The entire outstanding principal amount (if any) is due and payable at maturity on June 30, 2016.
	The ABL Facility includes certain restrictions including, among other things, restrictions on incurrence of additional debt, liens, dividends, stock repurchases and other restricted payments, asset sales, investments, mergers, acquisitions and affiliate transactions. As of September 30, 2013, the Company was in compliance with all covenants of the ABL Facility. Additionally, the Company is subject to compliance with a fixed charge coverage ratio covenant during, and continuing 30 days after, any period in which the Company’s borrowing base availability falls below $25,000,000. The Company would not have met the fixed charge coverage ratio as of September 30, 2013; however, the Company’s borrowing base availability was above $25,000,000 during the nine months ended September 30, 2013, and as such the Company was not subject to compliance with the fixed charge coverage ratio.
	The interest rate applicable to outstanding loans under the ABL Facility fluctuates depending on the Company’s trailing twelve month EBITDA (as defined by the ABL Facility) combined with the Company’s “availability ratio.” The Company’s “availability ratio” is expressed as a percentage of (a) the average daily availability under the ABL Facility to (b) the sum of the Canadian, the U.K. and the U.S. borrowing bases, as adjusted. All applicable margins may be permanently reduced by 0.25% if EBITDA meets or exceeds $25,000,000 over any trailing twelve month period, and may be permanently reduced by an additional 0.25% if EBITDA meets or exceeds $50,000,000 over any trailing twelve month period. At September 30, 2013, the Company’s trailing twelve months average interest rate applicable to its outstanding loans under the ABL Facility was 6.20%.
	In addition, the ABL Facility provides for monthly fees ranging from 0.375% to 0.5% of the unused portion of the ABL Facility, depending on the prior month’s average daily balance of revolver loans and stated amount of letters of credit relative to lenders’ commitments.
	The origination fees incurred in connection with the ABL Facility totaled $4,292,000, which are being amortized into interest expense over the term of the ABL Facility agreement. Unamortized origination fees as of September 30, 2013 and December 31, 2012 were $2,515,000 and $3,171,000, respectively, of which $915,000 and $906,000, respectively, were included in other current assets, and $1,600,000 and $2,265,000 were included in other assets, respectively, in the accompanying consolidated condensed balance sheets.
	Convertible Senior Notes
	In August 2012, the Company issued $112,500,000 of 3.75% Convertible Senior Notes (the “convertible notes”). The convertible notes pay interest of 3.75% per year on the principal amount, payable semiannually in arrears on February 15 and August 15 of each year. The convertible notes mature on August 15, 2019.
	The Company incurred transactional fees of $3,539,000, which are being amortized into interest expense over the term of the convertible notes. Unamortized transaction fees as of September 30, 2013 and December 31, 2012 were $2,992,000 and $3,365,000, respectively, of which $506,000 and $505,000 were included in other current assets, respectively, and $2,486,000 and $2,860,000 were included in other assets, respectively, in the accompanying consolidated condensed balance sheets.
	The net carrying amount of the convertible notes as of September 30, 2013 and December 31, 2012 was $107,656,000 and $107,133,000, respectively. The unamortized discount of $4,844,000 as of September 30, 2013 will be amortized over the remaining term of approximately 5.9 years. Total interest and amortization expense recognized during the three and nine months ended September 30, 2013 was $1,234,000 and $3,673,000, respectively.
	The notes are convertible, at the option of the note holder, at any time on or prior to the close of business on the business day immediately preceding August 15, 2019, into shares of common stock at an initial conversion rate of 133.3333 shares per $1,000 principal amount of convertible notes, which is equal to 15,000,000 shares of common stock at a conversion price of approximately $7.50 per share, subject to customary anti-dilution adjustments. Upon the occurrence of certain change of control events of the Company, the Company will pay a premium on the convertible notes converted in connection with such change of control events by increasing the conversion rate on such convertible notes.
	Under certain circumstances, the Company has the right to terminate the right of note holders to convert their convertible notes. If the Company exercises such termination right prior to August 15, 2015, each note holder who converts its convertible notes after receiving notice of such exercise will receive a make-whole payment in cash or common stock, as the Company may elect, with respect to the convertible notes converted.
	Upon the occurrence of a change of control of the Company or a termination of trading of the common stock of the Company, note holders will have the option to require the Company to repurchase for cash all or any portion of such note holder’s convertible notes at a price equal to 100% of the principal amount of the repurchased convertible notes, plus accrued and unpaid interest thereon to the repurchase date.
	The convertible notes are not redeemable by the Company prior to August 15, 2015. On or after August 15, 2015, the convertible notes are redeemable in whole or in part at the option of the Company at a redemption price equal to 100% of the principal amount of the convertible notes to be redeemed, plus accrued and unpaid interest thereon to the redemption date.
	The convertible notes contain certain covenants including payment of principal, certain repurchase obligations and interest, obligations of the Company to convert the convertible notes, and other customary terms as defined in the Indenture. The Company was in compliance with these covenants as of September 30, 2013.

Preferred_Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]
Preferred Stock	Note 4. Preferred Stock
	In August 2013, the Company exchanged 233,843 shares of its 7.50% Series B Cumulative Perpetual Convertible Preferred Stock, $0.01 par value, (the “preferred stock”) for 3,316,922 shares of the Company's common stock at the stated conversion rate plus an additional 75,342 shares as an inducement. The Company also paid the exchanging holders cash dividends through December 15, 2013 on their shares of Preferred Stock surrendered in the exchange. After the exchange, the company has 183,796 shares remaining of preferred stock outstanding. The preferred stock is generally convertible at any time at the holder’s option into common stock of the Company at an initial conversion rate of 14.1844 shares of Callaway’s common stock per share of preferred stock, which is equivalent to an initial conversion price of approximately $7.05 per share. At September 30, 2013, based on the initial conversion rate, approximately 2,607,000 shares of common stock would be issuable upon conversion of all of the remaining outstanding shares of preferred stock.
	The terms of the preferred stock provide for a liquidation preference of $100 per share and cumulative unpaid dividends from the date of original issue at a rate of 7.50% per annum (equal to an annual rate of $7.50 per share), subject to adjustment in certain circumstances. As of September 30, 2013, the liquidation preference would have been $18,437,000. Dividends on the preferred stock are payable quarterly in arrears subject to declaration by the Board of Directors and compliance with the Company’s line of credit and applicable law.
	The Company, at its option, may redeem the preferred stock subject to available liquidity and compliance with any applicable legal requirements and contractual obligations, in whole or in part, at a price equal to 100% of the liquidation preference, plus all accrued and unpaid dividends. The preferred stock has no maturity date and has no voting rights prior to conversion into the Company’s common stock, except in limited circumstances.

Earnings_per_Common_Share

Earnings per Common Share	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]
Earnings per Common Share	Note 5. Earnings per Common Share
	Earnings per common share, basic, is computed by dividing net income allocable to common shareholders (net income less preferred stock dividends) by the weighted-average number of common shares outstanding for the period.
	Earnings per common share, diluted, is computed by dividing net income allocable to common shareholders, adjusted for preferred stock dividends and the interest on the Company's convertible notes, by the weighted-average number of common shares – diluted. Dilutive securities are included in the calculation of diluted earnings per common share using the treasury stock method and the if-converted method in accordance with Accounting Standards Codification (“ASC”) Topic 260, “Earnings per Share.” Dilutive securities include the common stock equivalents of convertible preferred stock and convertible notes, options granted pursuant to the Company’s stock option plans and outstanding restricted stock units granted to employees and non-employee directors (Note 14).
	Weighted-average common shares outstanding—diluted is the same as weighted-average common shares outstanding—basic in periods when a net loss is reported or in periods when diluted earnings per share is higher than basic earnings per share.
	The following table summarizes the computation of basic and diluted earnings per share (in thousands, except per share data):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
	Earnings (loss) per common share—basic
	Net income (loss)	$	(21,153	)	$	(86,798	)	$	30,578	$	(52,197	)
	Less: Preferred stock dividends	1,766			2,414			3,332		7,664
	Net income (loss) allocable to common shareholders	$	(22,919	)	$	(89,212	)	$	27,246	$	(59,861	)
	Weighted-average common shares outstanding—basic	72,649			67,162			71,613		65,740
	Basic earnings (loss) per common share	$	(0.32	)	$	(1.33	)	$	0.38	$	(0.91	)
	Earnings (loss) per common share—diluted
	Net income (loss)	(21,153		)	$	(86,798	)	$	30,578	$	(52,197	)
	Less: Preferred stock dividends	1,766			2,414			3,332		7,664
	Add: Interest on convertible debt, net of tax	—			—			3,673		—
	Net income (loss) including assumed conversions	$	(22,919	)	$	(89,212	)	$	30,919	$	(59,861	)
	Weighted-average common shares outstanding—basic	72,649			67,162			71,613		65,740
	Convertible notes weighted-average shares outstanding	—			—			15,000		—
	Options and restricted stock	—			—			257		—
	Weighted-average common shares outstanding—diluted	72,649			67,162			86,870		65,740
	Dilutive earnings (loss) per common share	$	(0.32	)	$	(1.33	)	$	0.36	$	(0.91	)
	Securities that resulted in an anti-dilutive effect were excluded from the earnings per share computation as follows: For the three months ended September 30, 2013 and 2012, securities outstanding totaling approximately 24,716,000 and 26,135,000 shares, respectively, including common shares underlying preferred stock of 4,446,000 and 14,958,000, respectively, common shares underlying convertible senior notes of 15,000,000 and 5,275,000, respectively, in addition to antidilutive options and restricted stock. For the nine months ended September 30, 2013 and 2012, securities outstanding totaling approximately 11,117,000 and 28,222,000 shares, respectively, including common shares underlying preferred stock of 5,426,000 and 18,225,000, respectively, antidilutive options and restricted stock, and common shares underlying convertible senior notes of 1,758,000 for the nine months ended September 30, 2012.

Sale_of_Buildings

Sale of Buildings	9 Months Ended
	Sep. 30, 2013
Leases [Abstract]
Sale of Buildings	Note 6. Sale of Buildings
	On February 28, 2013, the Company completed the sale of its manufacturing facility in Chicopee, Massachusetts for proceeds of $3,496,000, net of closing costs and commissions. The Company had marked the building down to its estimated selling price, net of commissions, fees and estimated environmental remediation costs in 2012 and recorded a loss on the sale of $31,000 during the first quarter of 2013. The Company has $1,035,000 and $1,243,000 accrued in accounts payable and accrued expenses as of September 30, 2013 and December 31, 2012, respectively, for certain environmental remediation costs related to the sale of this facility. The Company has leased back a reduced portion of the square footage that it believes is adequate for ongoing golf ball operations.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]
Inventories	Note 7. Inventories
	Inventories are summarized below (in thousands):
		September 30,		December 31,
		2013		2012
	Inventories:
	Raw materials	$	41,600	$	43,469
	Work-in-process	478		619
	Finished goods	148,792		167,646
		$	190,870	$	211,734

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 8. Goodwill and Intangibles Assets
	In accordance with ASC Topic 350, “Intangibles—Goodwill and Other,” the Company’s goodwill and certain intangible assets are not amortized, but are subject to an annual impairment test. The Company performs an impairment analysis on its goodwill and intangible assets at least annually and whenever events or changes in circumstances indicate that the carrying value of such assets may not be fully recoverable.
	The following sets forth the intangible assets by major asset class (dollars in thousands):
		Useful		September 30, 2013							December 31, 2012
		Life
		(Years)		Gross		Accumulated			Net Book		Gross		Accumulated			Net Book
						Amortization			Value				Amortization			Value
	Non-Amortizing:
	Trade name, trademark and trade dress and other	NA		$	88,590		$	—	$	88,590	$	88,590		$	—	$	88,590
	Amortizing:
	Patents	16-Feb		31,581			31,272		309		31,581			31,022		559
	Developed technology and other	9-Jan		7,961			7,938		23		7,961			7,921		40
	Total intangible assets			$	128,132		$	39,210	$	88,922	$	128,132		$	38,943	$	89,189
	Aggregate amortization expense on intangible assets was approximately $267,000 and $2,645,000 for the nine months ended September 30, 2013 and 2012, respectively.
	Amortization expense related to intangible assets at September 30, 2013 in each of the next five fiscal years and beyond is expected to be incurred as follows (in thousands):
	Remainder of 2013	$	21
	2014	68
	2015	51
	2016	51
	2017	51
	2018	51
	Thereafter	39
		$	332
	Goodwill at September 30, 2013 and December 31, 2012 was $29,060,000 and $29,034,000, respectively. The increase in goodwill during the nine months ended September 30, 2013 of $26,000 was due to foreign currency fluctuations. Gross goodwill before impairments at September 30, 2013 and December 31, 2012 was $30,809,000 and $30,783,000, respectively.

Investments

Investments	9 Months Ended
	Sep. 30, 2013
Investments, All Other Investments [Abstract]
Investments	Note 9. Investments
	Investment in TopGolf International, Inc.
	The Company owns preferred shares of TopGolf International, Inc. (“TopGolf”), the owner and operator of TopGolf entertainment centers. In connection with this investment, the Company has a preferred partner agreement with TopGolf in which the Company has preferred signage rights, rights as the preferred supplier of golf products used or offered for use at TopGolf facilities at prices no less than those paid by the Company’s customers, preferred retail positioning in the TopGolf retail stores, access to consumer information obtained by TopGolf, and other rights incidental to those listed.
	During the three and nine months ended September 30, 2013, the Company invested an additional $5,709,000 and $7,189,000, respectively, in preferred shares of TopGolf, thereby increasing the Company's total investment as of September 30, 2013 to $31,156,000. The Company’s total ownership interest in TopGolf, including the incremental investments completed in 2013, is less than 20%. In addition, the Company does not have the ability to significantly influence the operating and financing activities and policies of TopGolf. Accordingly, the Company’s investment in TopGolf is accounted for at cost in accordance with ASC Topic 325, “Investments—Other,” and is included in other assets in the accompanying consolidated condensed balance sheets as of September 30, 2013 and December 31, 2012.

NonControlling_Interest

Non-Controlling Interest	9 Months Ended
	Sep. 30, 2013
Noncontrolling Interest [Abstract]
Non-Controlling Interest	Note 10. Non Controlling Interests
	Investment in Qingdao Suntech Sporting Goods Limited Company
	Through June 30, 2013, the Company had a Golf Ball Manufacturing and Supply Agreement with Qingdao Suntech Sporting Goods Limited Company (“Suntech”), in which Suntech manufactured and supplied certain golf balls solely for and to the Company. In connection with the agreement, the Company provided Suntech with golf ball raw materials, packing materials, molds, tooling, as well as manufacturing equipment in order to carry out the manufacturing and supply obligations set forth in the agreement. Suntech provided the personnel as well as the facilities to effectively perform these manufacturing and supply obligations.
	In July 2013, the Company terminated the Golf Ball Manufacturing and Supply Agreement and certain ancillary agreements with Suntech, and as a result, during the three and nine months ended September 30, 2013, the Company recognized charges of $303,000 and $3,738,000, respectively, the majority of which was related to the write-off of certain manufacturing equipment and inventory located at the Suntech manufacturing facility. These charges were recognized in cost of sales within the Company's golf balls operating segment. Additionally, as a result of the termination of the Golf Ball Manufacturing and Supply Agreement, the Company no longer has a controlling influence over the Suntech operations and therefore no longer consolidates the financial results of Suntech in it's consolidated financial statements in accordance with ASC Topic 810, “Consolidations.”
	Suntech is a wholly-owned subsidiary of Suntech Mauritius Limited Company (“Mauritius”). The Company had previously entered into a loan agreement with Mauritius in order to provide working capital for Suntech. In connection with this loan agreement, the Company loaned Mauritius a total of $3,200,000, of which $1,588,000 and $1,788,000 was outstanding at September 30, 2013 and December 31, 2012, respectively. The termination of the Golf Ball Manufacturing and Supply Agreement did not affect the terms of the loan. The loan is included in other assets in the accompanying consolidated condensed balance sheets as of September 30, 2013 and December 31, 2012.

Product_Warranty

Product Warranty	9 Months Ended
	Sep. 30, 2013
Guarantees [Abstract]
Product Warranty	Note 11. Product Warranty
	The Company has a stated two-year warranty policy for its golf clubs, although the Company sometimes honors warranty claims after the two-year stated warranty period at the Company’s discretion. The Company’s policy is to accrue the estimated cost of satisfying future warranty claims at the time the sale is recorded. In estimating its future warranty obligations, the Company considers various relevant factors, including the Company’s stated warranty policies and practices, the historical frequency of claims, and the cost to replace or repair its products under warranty. The decrease in the future estimated warranty obligation is primarily due to an overall decrease in product returns combined with a decline in the cost to replace older product.
	The following table provides a reconciliation of the activity related to the Company’s reserve for warranty expense (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Beginning balance	$	8,241		$	7,863		$	7,539		$	8,140
	Provision	190			2,832			4,335			6,605
	Claims paid/costs incurred	(1,665		)	(2,562		)	(5,108		)	(6,612		)
	Ending balance	$	6,766		$	8,133		$	6,766		$	8,133

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]
Income Taxes	Note 12. Income Taxes
	The Company calculates its interim income tax provision in accordance with ASC 270, “Interim Reporting,” and ASC 740 “Accounting for Income Taxes” (together, “ASC 740”). In general, at the end of each interim period, the Company estimates the annual effective tax rate for foreign operations and applies that rate to its ordinary foreign quarterly earnings. For the nine months ended September 30, 2013 and consistent with prior quarters, the discrete method was used to calculate the Company's U.S. interim tax expense as the annual effective rate was not considered a reliable estimate of year-to-date income tax expense. Under the discrete method, the Company determines its U.S. tax expense based upon actual results as if the interim period were an annual period. The Company's full U.S. valuation allowance position and the seasonality of the Company's business create results with significant variations in the customary relationship between income tax expense and pre-tax income for the interim periods. As a result, the use of the discrete method is more appropriate than the annual effective tax rate method.
	The realization of deferred tax assets, including loss and credit carry forwards, is subject to the Company generating sufficient taxable income during the periods in which the temporary differences become realizable. Due to the Company's taxable losses in the United States over the last few years, the Company has recorded a valuation allowance against its U.S. deferred tax assets. At each quarter end that a valuation allowance is maintained, as the U.S. deferred tax assets are adjusted upwards or downwards, the associated valuation allowance and income tax expense will be adjusted. If sufficient positive evidence arises in the future, such as a sustained return to profitability in the U.S. business, any existing valuation allowance could be reversed as appropriate, decreasing income tax expense in the period that such conclusion is reached.
	The provision for income taxes is primarily comprised of taxes related to the Company's foreign operations. The income tax provision for the third quarter of 2013 and 2012 was $1,037,000 and $750,000, respectively. This increase was primarily due to the release of certain unrecognized tax benefit liabilities in the third quarter of 2012 due to the lapse of statutes of limitation. The provision for income taxes for the nine months ended September 30, 2013 and 2012 was $4,941,000 and $2,654,000, respectively. This increase resulted primarily from the sale of indefinite lived assets relating to the Top-Flite and Ben Hogan brands in the first quarter of 2012.
	At September 30, 2013, the liability for income taxes associated with uncertain tax positions was $8,484,000. This amount could be reduced by $2,798,000 of offsetting tax benefits associated with the correlative effects of potential transfer pricing adjustments as well as $3,063,000 of deferred taxes. The net amount of $2,623,000, if recognized, would favorably affect the Company’s consolidated condensed financial statements and effective income tax rate. The unrecognized tax benefit liabilities are expected to decrease approximately $1,904,000 during the next 12 months.
	The Company recognizes interest and/or penalties related to income tax matters in income tax expense. For the three months ended September 30, 2013 and 2012, the Company's provision for income taxes includes charges of $58,000 and a benefit of $61,000, respectively, related to interest and penalties. For the nine months ended September 30, 2013 and 2012, the Company's provision for income taxes includes a benefit of $150,000 and charges of $29,000, respectively, related to interest and penalties. As of September 30, 2013 and December 31, 2012, the gross amount of accrued interest and penalties included in income taxes payable in the accompanying consolidated condensed balance sheets was $920,000 and $1,245,000, respectively.
	The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The Company is generally no longer subject to income tax examinations by tax authorities in the following major jurisdictions:
	Tax Jurisdiction	Years No Longer Subject to Audit
	U.S. federal	2008 and prior
	California (United States)	2007 and prior
	Canada	2005 and prior
	Japan	2006 and prior
	South Korea	2008 and prior
	United Kingdom	2008 and prior
	Pursuant to Section 382 of the Internal Revenue Code, use of the Company's NOL and credit carry-forwards may be limited significantly if the Company were to experience a cumulative change in ownership of the Company's stock by “5-percent shareholders” that exceeds 50% over a rolling three-year period. The Company does not believe there has been a cumulative change in ownership in excess of 50% during that period. The Company continues to monitor changes in ownership. If such a cumulative change did occur in any three year period and the Company was limited in the amount of losses it could use to offset taxable income, the Company's results of operations and cash flows would be adversely impacted.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 13. Commitments & Contingencies
	Legal Matters
	The Company is subject to routine legal claims, proceedings, and investigations incident to its business activities, including claims, proceedings, and investigations relating to commercial disputes and employment matters. The Company also receives from time to time information claiming that products sold by the Company infringe or may infringe patent, trademark, or other intellectual property rights of third parties. One or more such claims of potential infringement could lead to litigation, the need to obtain licenses, the need to alter a product to avoid infringement, a settlement or judgment, or some other action or material loss by the Company, which also could adversely affect the Company’s overall ability to protect its product designs and ultimately limit its future success in the marketplace. In addition, the Company is occasionally subject to non-routine claims, proceedings, or investigations.
	The Company regularly assesses such matters to determine the degree of probability that the Company will incur a material loss as a result of such matters as well as the range of possible loss. An estimated loss contingency is accrued in the Company’s financial statements if it is probable the Company will incur a loss and the amount of the loss can be reasonably estimated. The Company reviews all claims, proceedings, and investigations at least quarterly and establishes or adjusts any accruals for such matters to reflect the impact of negotiations, settlements, advice of legal counsel, and other information and events pertaining to a particular matter. All legal costs associated with such matters are expensed as incurred.
	Set forth is a description of certain litigation to which the Company is a party:
	Cleveland Golf Litigation. On October 18, 2013, Dunlop Sports Co., Ltd., a Japanese Corporation, and its wholly-owned subsidiary, Roger Cleveland Golf Company, Inc., which sells golf equipment under the Cleveland and Cleveland Golf trademarks (“Cleveland Golf”), filed a complaint against Callaway Golf Company in the United States District Court - Central District of California (Case 8:13-cv-01642). The Complaint alleges that Callaway’s use on its Callaway branded Mack Daddy 2 Wedges of the phrase “Designed by Roger Cleveland” constitutes trademark infringement (and related claims) of Cleveland Golf’s “Cleveland” trademark. The plaintiffs are seeking unspecified damages, including punitive damages, costs and attorneys’ fees, as well as injunctive relief. Roger Cleveland has been an employee of Callaway since 1996 and has been designing golf clubs for Callaway for over 17 years.
	Historically, the claims, proceedings and investigations brought against the Company, individually, and in the aggregate, have not had a material adverse effect upon the consolidated results of operations, cash flows, or financial position of the Company. The Company believes that it has valid legal defenses to the matters currently pending against the Company, including the Cleveland Golf litigation noted above. These matters, including the matter specifically described above, are inherently unpredictable and the resolutions of these matters are subject to many uncertainties and the outcomes are not predictable with assurance. Consequently, management is unable to estimate the ultimate aggregate amount of monetary loss, amounts covered by insurance, or the financial impact that will result from such matters. Management believes that the final resolution of the current matters pending against the Company, individually and in the aggregate, will not have a material adverse effect upon the Company’s consolidated financial position. The Company’s results of operations or cash flows, however, could be materially affected in any particular period by the unfavorable resolution of one or more of these contingencies.
	Unconditional Purchase Obligations
	During the normal course of its business, the Company enters into agreements to purchase goods and services, including purchase commitments for production materials, endorsement agreements with professional golfers and other endorsers, employment and consulting agreements, and intellectual property licensing agreements pursuant to which the Company is required to pay royalty fees. It is not possible to determine the amounts the Company will ultimately be required to pay under these agreements as they are subject to many variables including performance-based bonuses, reductions in payment obligations if designated minimum performance criteria are not achieved, and severance arrangements. As of September 30, 2013, the Company has entered into many of these contractual agreements with terms ranging from one to five years. The minimum obligation that the Company is required to pay under these agreements is $60,566,000 over the next five years. In addition, the Company also enters into unconditional purchase obligations with various vendors and suppliers of goods and services in the normal course of operations through purchase orders or other documentation or that are undocumented except for an invoice. Such unconditional purchase obligations are generally outstanding for periods less than a year and are settled by cash payments upon delivery of goods and services and are not reflected in this total.
	Future purchase commitments as of September 30, 2013, are as follows (in thousands):
	Remainder of 2013	$	43,781
	2014	13,298
	2015	2,327
	2016	839
	2017	321
		$	60,566
	Other Contingent Contractual Obligations
	During its normal course of business, the Company has made certain indemnities, commitments and guarantees under which it may be required to make payments in relation to certain transactions. These include (i) intellectual property indemnities to the Company’s customers and licensees in connection with the use, sale and/or license of Company product or trademarks, (ii) indemnities to various lessors in connection with facility leases for certain claims arising from such facilities or leases, (iii) indemnities to vendors and service providers pertaining to the goods and services provided to the Company or based on the negligence or willful misconduct of the Company, and (iv) indemnities involving the accuracy of representations and warranties in certain contracts. In addition, the Company has consulting agreements that provide for payment of nominal fees upon the issuance of patents and/or the commercialization of research results. The Company has also issued guarantees in the form of a standby letter of credit as security for contingent liabilities under certain workers’ compensation insurance policies.
	The duration of these indemnities, commitments and guarantees varies, and in certain cases, may be indefinite. The majority of these indemnities, commitments and guarantees do not provide for any limitation on the maximum amount of future payments the Company could be obligated to make. Historically, costs incurred to settle claims related to indemnities have not been material to the Company’s financial position, results of operations or cash flows. In addition, the Company believes the likelihood is remote that material payments under the commitments and guarantees described above will have a material effect on the Company’s financial condition. The fair value of indemnities, commitments and guarantees that the Company issued during the nine months ended September 30, 2013 was not material to the Company’s financial position, results of operations or cash flows.
	Employment Contracts
	In addition, the Company has made contractual commitments to each of its officers and certain other employees providing for severance payments, including salary continuation, upon the termination of employment by the Company for convenience or by the officer for substantial cause. In addition, in order to assure that the officers would continue to provide independent leadership consistent with the Company’s best interest, the contracts also generally provide for certain protections in the event of an actual or threatened change in control of the Company. These protections include the payment of certain severance benefits, such as salary continuation, upon the termination of employment following a change in control.

ShareBased_Employee_Compensati

Share-Based Employee Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Employee Compensation	Note 14. Share-Based Employee Compensation
	As of September 30, 2013, the Company had two shareholder approved stock plans under which shares were available for equity-based awards: the Callaway Golf Company Amended and Restated 2004 Incentive Plan and the 2013 Non-Employee Directors Stock Incentive Director Plan. From time to time, the Company grants stock options, restricted stock units, phantom stock units, stock appreciation rights and other awards under these plans.
	The table below summarizes the amounts recognized in the financial statements for the three and nine months ended September 30, 2013 and 2012 for share-based compensation, including expense for stock options, restricted stock units, phantom stock units and cash settled stock appreciation rights (in thousands):
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013			2012		2013		2012
	Cost of sales	$	84		$	28	$	229	$	175
	Operating expenses	1,804			1,182		4,028		4,911
	Total cost of share-based compensation included in income,	$	1,888		$	1,210	$	4,257	$	5,086
	before income tax
	Stock Options
	During the nine months ended September 30, 2013 the Company granted 1,843,000 shares underlying stock options at a weighted average grant-date fair value of $2.47 per share based on the Black Scholes option-pricing model. There were no stock options granted during the third quarter of 2013. Total compensation expense recognized for stock options during the three and nine months ended September 30, 2013 was $486,000 and $1,333,000, respectively.
	During the nine months ended September 30, 2012, the number of shares underlying stock options granted was nominal and no stock options were granted during the third quarter of 2012. Total compensation expense recognized for stock options during the three and nine months ended September 30, 2012 was $253,000 and $1,310,000, respectively.
	The Company records compensation expense for employee stock options based on the estimated fair value of the options on the date of grant using the Black-Scholes option-pricing model.
	The table below summarizes the weighted average Black-Scholes fair value assumptions used in the valuation of stock options granted during the nine months ended September 30, 2013 and 2012.
		Nine Months Ended
		September 30,
		2013		2012
	Dividend yield	0.6	%	1.2	%
	Expected volatility	48.8	%	50.6	%
	Risk free interest rate	0.7	%	0.8	%
	Expected life	4.3 years		4.9 years
	Restricted Stock Units
	The Company granted 441,000 shares underlying restricted stock units during the nine months ended September 30, 2013 at a weighted average grant-date fair value of $6.55 per share. There were no restricted stock units granted during the third quarter of 2013. Total compensation expense recognized for restricted stock units during the three and nine months ended September 30, 2013 was $436,000 and $1,258,000, respectively.
	During the three and nine months ended September 30, 2012 the Company granted 10,000 and 393,000 shares underlying restricted stock units, respectively, at a weighted average grant-date fair value of $5.75 and $6.36 per share, respectively. Total compensation expense recognized for restricted stock units during the three and nine months ended September 30, 2012 was $332,000 and $1,172,000, respectively.
	At September 30, 2013, the Company had $3,901,000 of total unrecognized compensation expense related to non-vested restricted stock units under the Company’s share-based payment plans. The amount of unrecognized compensation expense noted above does not necessarily represent the amount that will ultimately be realized by the Company in its consolidated condensed statement of operations due to the application of forfeiture rates.
	Phantom Stock Units
	Phantom stock units (“PSUs”) are a form of share-based award that are indexed to the Company’s stock and are settled in cash. Because PSUs are settled in cash, compensation expense recognized over the vesting period will vary based on changes in fair value. Fair value is remeasured at the end of each interim reporting period based on the closing price of the Company’s stock. PSUs generally cliff vest at the end of a three year period.
	During the nine months ended September 30, 2012, the Company granted 401,000 shares of PSUs, respectively, with a grant-date fair value of $6.37 per share. The Company did not grant PSUs in the first nine months of 2013. Compensation expense recognized during the three and nine months ended September 30, 2013 was $430,000 and $947,000, respectively, and $361,000 and $1,355,000 during the three and nine months ended September 30, 2012. Accrued compensation expense for PSUs for the three months ended September 30, 2013 was $2,247,000, of which $1,198,000 and $1,049,000 was recorded in accrued employee compensation and benefits and long-term incentive compensation and other, respectively, in the accompanying consolidated condensed balance sheets. At December 31, 2012, the Company accrued $1,324,000 in long-term incentive compensation and other in the accompanying consolidated condensed balance sheet. There was no accrual in accrued employee compensation and benefits at December 31, 2012.
	Stock Appreciation RightsThe Company records compensation expense for cash settled stock appreciation rights (“SARs”) based on the estimated fair value on the date of grant using the Black Scholes option-pricing model. SARs are subsequently remeasured at each interim reporting period based on a revised Black Scholes value until they are exercised. SARs vest over a three year period. During the nine months ended September 30, 2012, the Company granted 3,377,000 SARs at a weighted average grant-date fair value of $2.07 per share based on the Black Scholes option-pricing model. The Company did not grant SARs during the third quarter of 2013 and 2012, or during the nine months ended September 30, 2013. The Company recognized compensation expense of $536,000 and $719,000 during the three and nine months ended September 30, 2013, respectively, and $264,000 and $1,250,000 during the three and nine months ended September 30, 2012, respectively. At September 30, 2013, the Company accrued compensation expense of $3,252,000, of which $2,705,000 and $547,000 was included in accrued employee compensation and benefits and long-term incentive compensation and other, respectively, in the accompanying consolidated condensed balance sheet. At December 31, 2012, the Company accrued compensation expense of $2,607,000, of which $1,819,000 and $788,000 was included in accrued employee compensation and benefits and long-term incentive compensation and other, respectively, in the accompanying consolidated condensed balance sheet.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2013
Text Block [Abstract]
Fair Value of Financial Instruments	Note 15. Fair Value of Financial Instruments
	Certain of the Company’s financial assets and liabilities are measured at fair value on a recurring and nonrecurring basis. Fair value is defined as the price that would be received to sell an asset or the price paid to transfer a liability (the exit price) in the principal and most advantageous market for the asset or liability in an orderly transaction between market participants. Assets and liabilities carried at fair value are classified using the following three-tier hierarchy:
	Level 1: Quoted market prices in active markets for identical assets or liabilities;
	Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which significant inputs and significant value drivers are observable in active markets; and
	Level 3: Fair value measurements derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
	The following table summarizes the valuation of the Company’s foreign currency exchange contracts (see Note 16) that are measured at fair value on a recurring basis by the above pricing levels at September 30, 2013 (in thousands):
		Fair			Level 1		Level 2			Level 3
		Value
	Foreign currency derivative instruments—asset position	$	536		$	—	$	536		$	—
	Foreign currency derivative instruments—liability position	(3,286		)	—		(3,286		)	—
		$	(2,750	)	$	—	$	(2,750	)	$	—
	The fair value of the Company’s foreign currency exchange contracts is based on observable inputs that are corroborated by market data. Foreign currency derivatives on the balance sheet are recorded at fair value with changes in fair value recorded in the statements of operations.
	Disclosures about the Fair Value of Financial Instruments
	The carrying values of cash and cash equivalents, trade accounts receivable and trade accounts payable and accrued expenses at September 30, 2013 and December 31, 2012 are reasonable estimates of fair value due to the short-term nature of these balances. The table below illustrates information about fair value relating to the Company’s financial assets and liabilities that are recognized on the accompanying consolidated condensed balance sheets as of September 30, 2013 and December 31, 2012, as well as the fair value of contingent contracts that represent financial instruments (in thousands).
		30-Sep-13					31-Dec-12
		Carrying			Fair		Carrying			Fair
		Value			Value		Value			Value
	Convertible notes(1)	$	107,656		$	126,000	$	107,133		$	118,406
	Standby letters of credit(2)	$	1,278		$	1,278	$	3,265		$	3,265
	-1	The carrying value of the convertible notes at September 30, 2013 and December 31, 2012, is net of the unamortized discount of $4,844,000 and $5,367,000, respectively (see Note 3). The fair value of the convertible notes was determined based on secondary quoted market prices, and as such is classified as Level 2 in the fair value hierarchy.
	-2	Amounts outstanding under standby letters of credit represent the Company’s contingent obligation to perform in accordance with the underlying contracts to which they pertain. The fair value of standby letters is classified as Level 1 as it approximates the carrying value due to the short term nature of these obligations.Nonrecurring Fair Value Measurements The Company measures certain assets at fair value on a nonrecurring basis at least annually or when certain indicators are present. These assets include property, plant and equipment, goodwill and non-amortizing intangible assets that are written down to fair value when they are held for sale or determined to be impaired. During the three and nine months ended September 30, 2012, in connection with the Cost Reduction Initiatives (Note 2), the Company committed to a plan to sell its golf ball manufacturing facility in Chicopee, Massachusetts and lease back a reduced portion of the square footage to accommodate lower ball inventory volumes manufactured at that location. In connection with designating this building as available for sale, the Company recorded a charge of $7,939,000 to write the building down to its estimated selling price, net of estimated commissions and fees. This implied fair market value was based on significant unobservable inputs, and as a result, the fair value measurement was classified as Level 3. There were no nonrecurring fair value measurements during the three and nine months ended September 30, 2013

Derivatives_and_Hedging

Derivatives and Hedging

9 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Hedging

Note 16. Derivatives and Hedging

Foreign Currency Exchange Contracts

The Company accounts for its foreign currency exchange contracts in accordance with ASC Topic 815, “Derivatives and Hedging” (“ASC 815”). ASC 815 requires the recognition of all derivatives as either assets or liabilities on the balance sheet, the measurement of those instruments at fair value and the recognition of changes in the fair value of derivatives in earnings in the period of change, unless the derivative qualifies as an effective hedge that offsets certain exposures.

In the normal course of business, the Company is exposed to gains and losses resulting from fluctuations in foreign currency exchange rates relating to transactions of its international subsidiaries, including certain balance sheet exposures (payables and receivables denominated in foreign currencies). In addition, the Company is exposed to gains and losses resulting from the translation of the operating results of the Company’s international subsidiaries into U.S. dollars for financial reporting purposes. As part of its strategy to manage the level of exposure to the risk of fluctuations in foreign currency exchange rates, the Company uses derivative financial instruments in the form of foreign currency forward contracts and put and call option contracts (“foreign currency exchange contracts”) to hedge transactions that are denominated primarily in Japanese Yen, British Pounds, Euros, Canadian Dollars, Australian Dollars and Korean Won. Foreign currency exchange contracts are used only to meet the Company’s objectives of minimizing variability in the Company’s operating results arising from foreign exchange rate movements. The Company does not enter into foreign currency exchange contracts for speculative purposes. Foreign currency exchange contracts usually mature within twelve months from their inception.

The Company did not designate any foreign currency exchange contracts as derivatives that qualify for hedge accounting under ASC 815. At September 30, 2013 and December 31, 2012, the notional amounts of the Company’s foreign currency exchange contracts used to hedge the exposures discussed above were approximately $102,369,000 and $137,125,000, respectively. The Company estimates the fair values of foreign currency exchange contracts based on pricing models using current market rates, and records all derivatives on the balance sheet at fair value with changes in fair value recorded in the statements of operations.

The following table summarizes the fair value of derivative instruments by contract type as well as the location of the asset and/or liability on the consolidated condensed balance sheets at September 30, 2013 and December 31, 2012 (in thousands):

Derivatives not designated as hedging instruments

Asset Derivatives

30-Sep-13

December 31, 2012

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Foreign currency exchange contracts

Other current assets

$

536

Other current assets

$

5,011

Derivatives not designated as hedging instruments

Liability Derivatives

30-Sep-13

December 31, 2012

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Foreign currency exchange contracts

Accounts payable and

$

3,286

Accounts payable and

$

1,046

accrued expenses

accrued expenses

The following table summarizes the location of net gains and losses in the consolidated condensed statements of operations that were recognized during the three and nine months ended September 30, 2013 and 2012, respectively, in addition to the derivative contract type (in thousands):

Location of net gain (loss) recognized in income on

Amount of Net Gain (Loss) Recognized in

derivative instruments

Income on Derivative Instruments

Derivatives not designated as hedging instruments

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

Foreign currency exchange contracts

Other income (expense), net

$

(5,565

)

$

(4,884

)

$

7,238

$

(1,399

)

The realized and unrealized net gains and losses noted in the table above for the three and nine months ended September 30, 2013 and 2012 were used by the Company to offset actual foreign currency transactional net gains and losses associated with the translation of foreign currencies in operating results.

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]
Segment Information	Note 17. Segment Information
	The Company has two operating segments that are organized on the basis of products and include golf clubs and golf balls. The golf clubs segment consists primarily of Callaway Golf woods, hybrids, irons and wedges, Odyssey putters, pre-owned clubs, rangefinders, and other golf-related accessories and royalties from licensing of the Company’s trademarks and service marks. The golf balls segment consists primarily of Callaway Golf balls that are designed, manufactured and sold by the Company. During the first quarter of 2012, the Company completed the sale of certain assets related to the Top-Flite and Ben Hogan brands. In addition, during the third quarter of 2012, the Company announced the transition of its North American golf apparel and footwear and global GPS device businesses to a third party based model. As such, the net sales and income before income taxes for the three and nine months ended September 30, 2013 include minimal sales of Top-Flite and Ben Hogan golf products as well as sales of golf apparel, footwear and uPro GPS on-course measurement devices. There are no significant intersegment transactions.
	The table below contains information utilized by management to evaluate its operating segments for the interim periods presented (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales:
	Golf Clubs	$	152,610		$	121,286		$	603,599		$	595,123
	Golf Balls	25,619			26,620			112,032			119,004
		$	178,229		$	147,906		$	715,631		$	714,127
	Income (loss) before income taxes:
	Golf Clubs(1)	$	(4,410	)	$	(57,840	)	$	60,410		$	(7,247	)
	Golf Balls(1)	(3,420		)	(13,789		)	3,474			(8,047		)
	Reconciling items(2)	(12,286		)	(14,419		)	(28,365		)	(34,249		)
		$	(20,116	)	$	(86,048	)	$	35,519		$	(49,543	)
	Additions to long-lived assets:
	Golf Clubs	$	4,236		$	2,242		$	10,669		$	14,956
	Golf Balls	66			83			95			323
		$	4,302		$	2,325		$	10,764		$	15,279
	-1	In connection with the Cost Reduction Initiatives (see Note 2), the Company’s golf clubs and golf balls segments recognized pre-tax charges of $990,000 and $454,000, respectively, during the three months ended September 30, 2013, and $23,603,000 and $9,317,000, respectively, during the three months ended September 30, 2012. The Company's golf clubs and golf balls segments recognized pre-tax charges of $4,261,000 and $4,682,000, respectively, during the nine months ended September 30, 2013, in connection with these initiatives, and $25,290,000 and $9,650,000, respectively, during the nine months ended September 30, 2012.
	-2	Reconciling items represent corporate general and administrative expenses and other income (expense) not included by management in determining segment profitability. During the three and nine months ended September 30, 2013, the reconciling items include pre-tax charges of $414,000 and $1,423,000, respectively, related to the Cost Reduction Initiatives. During the three and nine months ended September 30, 2012, the reconciling items include pre-tax charges of $2,164,000 and $4,815,000, respectively, in connection with these initiatives. In addition, reconciling items for the nine months ended September 30, 2012, include a pre-tax gain of $6,602,000 in connection with the sale of Top-Flite and Ben Hogan brands.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]
Recent Accounting Standards	Recent Accounting Standards
	The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.” This ASU provides guidance on releasing cumulative translation adjustments to net income when an entity ceases to have a controlling financial interest in a subsidiary or business within a foreign entity. The cumulative translation adjustments should be released only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets resides. This ASU is effective on a prospective basis for fiscal years and interim reporting periods within those years, beginning after December 15, 2013. The Company is currently evaluating the impact this ASU will have on its consolidated condensed financial statements.
	In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.” This ASU requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. ASU No. 2011-11 is effective for annual and interim reporting periods beginning on or after January 1, 2013 on a retrospective basis. The adoption of this ASU did not have a material impact on the Company’s disclosures to the consolidated condensed financial statements.

Cost_Reduction_Initiatives_Tab

Cost Reduction Initiatives (Tables)	9 Months Ended
	Sep. 30, 2013
Restructuring and Related Activities [Abstract]
Activity and Liability Balances Recorded as Part of Initiatives as well as Current Estimated Future Charges Relating Initatives	The table below summarizes the total charges recognized during 2013, the liability balances, and the estimated future charges relating to the Cost Reduction Initiatives (in thousands). Amounts payable as of September 30, 2013 and December 31, 2012 are included in accrued employee compensation and benefits and accounts payable and accrued expenses in the accompanying consolidated condensed balance sheets.
		Cost Reduction Initiatives
		Workforce			Transition			Asset			Total
		Reductions			Costs			Write-offs
	Restructuring payable balance, December 31, 2012	$	4,531		$	591		$	—		$	5,122
	Charges to cost and expense	1,091			2,418			—			3,509
	Non-cash items	—			(1,699		)	—			(1,699		)
	Cash payments	(3,547		)	(717		)	—			(4,264		)
	Restructuring payable balance, March 31, 2013	$	2,075		$	593		$	—		$	2,668
	Charges to cost and expense	677			997			3,324			4,998
	Non-cash items	—			(412		)	(3,324		)	(3,736		)
	Cash payments	(1,652		)	(1,071		)	—			(2,723		)
	Restructuring payable balance, June 30, 2013	$	1,100		$	107		$	—		$	1,207
	Charges to cost and expense	602			1,256			—			1,858
	Non-cash items	—			(675		)	—			(675		)
	Cash payments	(669		)	(45		)	—			(714		)
	Restructuring payable balance, September 30, 2013	$	1,033		$	643		$	—		$	1,676
	Total future estimated charges as of September 30, 2013	$	700		$	2,300		$	—		$	3,000

Earnings_per_Common_Share_Tabl

Earnings per Common Share (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table summarizes the computation of basic and diluted earnings per share (in thousands, except per share data):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013		2012
	Earnings (loss) per common share—basic
	Net income (loss)	$	(21,153	)	$	(86,798	)	$	30,578	$	(52,197	)
	Less: Preferred stock dividends	1,766			2,414			3,332		7,664
	Net income (loss) allocable to common shareholders	$	(22,919	)	$	(89,212	)	$	27,246	$	(59,861	)
	Weighted-average common shares outstanding—basic	72,649			67,162			71,613		65,740
	Basic earnings (loss) per common share	$	(0.32	)	$	(1.33	)	$	0.38	$	(0.91	)
	Earnings (loss) per common share—diluted
	Net income (loss)	(21,153		)	$	(86,798	)	$	30,578	$	(52,197	)
	Less: Preferred stock dividends	1,766			2,414			3,332		7,664
	Add: Interest on convertible debt, net of tax	—			—			3,673		—
	Net income (loss) including assumed conversions	$	(22,919	)	$	(89,212	)	$	30,919	$	(59,861	)
	Weighted-average common shares outstanding—basic	72,649			67,162			71,613		65,740
	Convertible notes weighted-average shares outstanding	—			—			15,000		—
	Options and restricted stock	—			—			257		—
	Weighted-average common shares outstanding—diluted	72,649			67,162			86,870		65,740
	Dilutive earnings (loss) per common share	$	(0.32	)	$	(1.33	)	$	0.36	$	(0.91	)

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]
Inventories	Inventories are summarized below (in thousands):
		September 30,		December 31,
		2013		2012
	Inventories:
	Raw materials	$	41,600	$	43,469
	Work-in-process	478		619
	Finished goods	148,792		167,646
		$	190,870	$	211,734

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets by Major Asset Class	The following sets forth the intangible assets by major asset class (dollars in thousands):
		Useful		September 30, 2013							December 31, 2012
		Life
		(Years)		Gross		Accumulated			Net Book		Gross		Accumulated			Net Book
						Amortization			Value				Amortization			Value
	Non-Amortizing:
	Trade name, trademark and trade dress and other	NA		$	88,590		$	—	$	88,590	$	88,590		$	—	$	88,590
	Amortizing:
	Patents	16-Feb		31,581			31,272		309		31,581			31,022		559
	Developed technology and other	9-Jan		7,961			7,938		23		7,961			7,921		40
	Total intangible assets			$	128,132		$	39,210	$	88,922	$	128,132		$	38,943	$	89,189
Amortization Expense Related to Intangible Assets	Amortization expense related to intangible assets at September 30, 2013 in each of the next five fiscal years and beyond is expected to be incurred as follows (in thousands):
	Remainder of 2013	$	21
	2014	68
	2015	51
	2016	51
	2017	51
	2018	51
	Thereafter	39
		$	332

Product_Warranty_Tables

Product Warranty (Tables)	9 Months Ended
	Sep. 30, 2013
Guarantees [Abstract]
Reconciliation of Reserve for Warranty Expense	The following table provides a reconciliation of the activity related to the Company’s reserve for warranty expense (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Beginning balance	$	8,241		$	7,863		$	7,539		$	8,140
	Provision	190			2,832			4,335			6,605
	Claims paid/costs incurred	(1,665		)	(2,562		)	(5,108		)	(6,612		)
	Ending balance	$	6,766		$	8,133		$	6,766		$	8,133

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]
Major Jurisdictions no Longer Subject to Income Tax Examinations by Tax Authorities	The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions. The Company is generally no longer subject to income tax examinations by tax authorities in the following major jurisdictions:
	Tax Jurisdiction	Years No Longer Subject to Audit
	U.S. federal	2008 and prior
	California (United States)	2007 and prior
	Canada	2005 and prior
	Japan	2006 and prior
	South Korea	2008 and prior
	United Kingdom	2008 and prior

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Future Purchase Commitments	Future purchase commitments as of September 30, 2013, are as follows (in thousands):
	Remainder of 2013	$	43,781
	2014	13,298
	2015	2,327
	2016	839
	2017	321
		$	60,566

ShareBased_Employee_Compensati1

Share-Based Employee Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees	The table below summarizes the amounts recognized in the financial statements for the three and nine months ended September 30, 2013 and 2012 for share-based compensation, including expense for stock options, restricted stock units, phantom stock units and cash settled stock appreciation rights (in thousands):
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013			2012		2013		2012
	Cost of sales	$	84		$	28	$	229	$	175
	Operating expenses	1,804			1,182		4,028		4,911
	Total cost of share-based compensation included in income,	$	1,888		$	1,210	$	4,257	$	5,086
	before income tax
Weighted Average Black-Scholes Fair Value Assumptions used in Valuation of Stock Options Granted	The table below summarizes the weighted average Black-Scholes fair value assumptions used in the valuation of stock options granted during the nine months ended September 30, 2013 and 2012.
		Nine Months Ended
		September 30,
		2013		2012
	Dividend yield	0.6	%	1.2	%
	Expected volatility	48.8	%	50.6	%
	Risk free interest rate	0.7	%	0.8	%
	Expected life	4.3 years		4.9 years

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2013
Text Block [Abstract]
Valuation of Foreign Currency Exchange Contracts by Pricing Levels	The following table summarizes the valuation of the Company’s foreign currency exchange contracts (see Note 16) that are measured at fair value on a recurring basis by the above pricing levels at September 30, 2013 (in thousands):
		Fair			Level 1		Level 2			Level 3
		Value
	Foreign currency derivative instruments—asset position	$	536		$	—	$	536		$	—
	Foreign currency derivative instruments—liability position	(3,286		)	—		(3,286		)	—
		$	(2,750	)	$	—	$	(2,750	)	$	—
Fair Value Relating to Financial Assets and Liabilities	The carrying values of cash and cash equivalents, trade accounts receivable and trade accounts payable and accrued expenses at September 30, 2013 and December 31, 2012 are reasonable estimates of fair value due to the short-term nature of these balances. The table below illustrates information about fair value relating to the Company’s financial assets and liabilities that are recognized on the accompanying consolidated condensed balance sheets as of September 30, 2013 and December 31, 2012, as well as the fair value of contingent contracts that represent financial instruments (in thousands).
		30-Sep-13					31-Dec-12
		Carrying			Fair		Carrying			Fair
		Value			Value		Value			Value
	Convertible notes(1)	$	107,656		$	126,000	$	107,133		$	118,406
	Standby letters of credit(2)	$	1,278		$	1,278	$	3,265		$	3,265
	-1	The carrying value of the convertible notes at September 30, 2013 and December 31, 2012, is net of the unamortized discount of $4,844,000 and $5,367,000, respectively (see Note 3). The fair value of the convertible notes was determined based on secondary quoted market prices, and as such is classified as Level 2 in the fair value hierarchy.
	-2	Amounts outstanding under standby letters of credit represent the Company’s contingent obligation to perform in accordance with the underlying contracts to which they pertain. The fair value of standby letters is classified as Level 1 as it approximates the carrying value due to the short term nature of these obligations.

Derivatives_and_Hedging_Tables

Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments by Contract Type and Location of Asset and/or Liability on Consolidated Condensed Balance Sheets

The following table summarizes the fair value of derivative instruments by contract type as well as the location of the asset and/or liability on the consolidated condensed balance sheets at September 30, 2013 and December 31, 2012 (in thousands):

Derivatives not designated as hedging instruments

Asset Derivatives

30-Sep-13

December 31, 2012

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Foreign currency exchange contracts

Other current assets

$

536

Other current assets

$

5,011

Derivatives not designated as hedging instruments

Liability Derivatives

30-Sep-13

December 31, 2012

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Foreign currency exchange contracts

Accounts payable and

$

3,286

Accounts payable and

$

1,046

accrued expenses

accrued expenses

Location of Gains in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type

The following table summarizes the location of net gains and losses in the consolidated condensed statements of operations that were recognized during the three and nine months ended September 30, 2013 and 2012, respectively, in addition to the derivative contract type (in thousands):

Location of net gain (loss) recognized in income on

Amount of Net Gain (Loss) Recognized in

derivative instruments

Income on Derivative Instruments

Derivatives not designated as hedging instruments

Three Months Ended

Nine Months Ended

September 30,

September 30,

2013

2012

2013

2012

Foreign currency exchange contracts

Other income (expense), net

$

(5,565

)

$

(4,884

)

$

7,238

$

(1,399

)

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]
Operating Segments	The table below contains information utilized by management to evaluate its operating segments for the interim periods presented (in thousands):
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales:
	Golf Clubs	$	152,610		$	121,286		$	603,599		$	595,123
	Golf Balls	25,619			26,620			112,032			119,004
		$	178,229		$	147,906		$	715,631		$	714,127
	Income (loss) before income taxes:
	Golf Clubs(1)	$	(4,410	)	$	(57,840	)	$	60,410		$	(7,247	)
	Golf Balls(1)	(3,420		)	(13,789		)	3,474			(8,047		)
	Reconciling items(2)	(12,286		)	(14,419		)	(28,365		)	(34,249		)
		$	(20,116	)	$	(86,048	)	$	35,519		$	(49,543	)
	Additions to long-lived assets:
	Golf Clubs	$	4,236		$	2,242		$	10,669		$	14,956
	Golf Balls	66			83			95			323
		$	4,302		$	2,325		$	10,764		$	15,279
	-1	In connection with the Cost Reduction Initiatives (see Note 2), the Company’s golf clubs and golf balls segments recognized pre-tax charges of $990,000 and $454,000, respectively, during the three months ended September 30, 2013, and $23,603,000 and $9,317,000, respectively, during the three months ended September 30, 2012. The Company's golf clubs and golf balls segments recognized pre-tax charges of $4,261,000 and $4,682,000, respectively, during the nine months ended September 30, 2013, in connection with these initiatives, and $25,290,000 and $9,650,000, respectively, during the nine months ended September 30, 2012.
	-2	Reconciling items represent corporate general and administrative expenses and other income (expense) not included by management in determining segment profitability. During the three and nine months ended September 30, 2013, the reconciling items include pre-tax charges of $414,000 and $1,423,000, respectively, related to the Cost Reduction Initiatives. During the three and nine months ended September 30, 2012, the reconciling items include pre-tax charges of $2,164,000 and $4,815,000, respectively, in connection with these initiatives. In addition, reconciling items for the nine months ended September 30, 2012, include a pre-tax gain of $6,602,000 in connection with the sale of Top-Flite and Ben Hogan brands.

Cost_Reduction_Initiatives_Act

Cost Reduction Initiatives - Activity and Liability Balances Recorded as Part of Initiatives as well as Current Estimated Future Charges Relating Initiatives (Detail) (USD $)	1 Months Ended	3 Months Ended				9 Months Ended		15 Months Ended	3 Months Ended			9 Months Ended	3 Months Ended			9 Months Ended	3 Months Ended			9 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2012	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2013
		Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives	Cost Reduction Initiatives
									Workforce Reductions	Workforce Reductions	Workforce Reductions	Workforce Reductions	Transition Costs	Transition Costs	Transition Costs	Transition Costs	Asset Write-offs	Asset Write-offs	Asset Write-offs	Asset Write-offs
Restructuring Cost And Reserve [Line Items]
Restructuring payable, Beginning balance		$1,207	$2,668	$5,122		$5,122			$1,100	$2,075	$4,531	$4,531	$107	$593	$591	$591	$0	$0	$0	$0
Charges to cost and expense		1,858	4,998	3,509	35,084	10,365	39,755	64,426	602	677	1,091		1,256	997	2,418		0	3,324	0
Non-cash items		-675	-3,736	-1,699					0	0	0		-675	-412	-1,699		0	-3,324	0
Cash payments		-714	-2,723	-4,264					-669	-1,652	-3,547		-45	-1,071	-717		0	0	0
Restructuring payable, Ending balance		1,676	1,207	2,668		1,676		1,676	1,033	1,100	2,075	1,033	643	107	593	643	0	0	0	0
Total future estimated charges, at end of period	$68,000					$3,000						$700				$2,300				$0

Cost_Reduction_Initiatives_Add

Cost Reduction Initiatives - Additional Information (Detail) (USD $)

1 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

15 Months Ended

Jul. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Cost of sales

Cost of sales

Cost of sales

Cost of sales

Operating expenses

Operating expenses

Operating expenses

Operating expenses

Cost Reduction Initiatives

Cost Reduction Initiatives

Cost Reduction Initiatives

Cost Reduction Initiatives

Cost Reduction Initiatives

Cost Reduction Initiatives

Cost Reduction Initiatives

Restructuring Cost And Reserve [Line Items]

Pre-tax restructuring charges to cost and expense

$1,005,000

$27,302,000

$7,374,000

$28,263,000

$853,000

$7,782,000

$2,991,000

$11,492,000

$1,858,000

$4,998,000

$3,509,000

$35,084,000

$10,365,000

$39,755,000

$64,426,000

Total future estimated charges, at end of period

68,000,000

3,000,000

Expected annualized pre-tax savings from restructuring plan

60,000,000

Estimated future charges remaining

$3,000,000

Financing_Arrangements_Asset_B

Financing Arrangements (Asset Based Revolving Credit Facility) - Additional Information (Detail) (USD $)	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Asset-based credit facility, maximum borrowing capacity	$230,000,000
Amount outstanding under letters of credit	1,278,000
Asset-backed credit facility	0
Cash and cash equivalents	37,399,000	52,003,000	59,139,000	43,023,000
Debt instrument maximum additional borrowing capacity amount	47,607,000
Average outstanding borrowing	41,119,000
Average available liquidity	91,318,000
Asset-based credit facility, maturity date	30-Jun-16
Borrowing base availability	25,000,000
Asset-based credit facility, interest rate	6.20%
Asset-based credit facility, origination fees	4,292,000
Unamortized origination fees	2,515,000	3,171,000
Asset-based credit facility, origination fees included in other current assets	915,000	906,000
Asset-based credit facility, origination fees included in other long-term assets	1,600,000	2,265,000
Minimum
Debt Instrument [Line Items]
Asset-based credit facility, monthly fees	0.38%
Maximum
Debt Instrument [Line Items]
Asset-based credit facility, monthly fees	0.50%
Scenario 1
Debt Instrument [Line Items]
Applicable margin rate reduction	All applicable margins may be permanently reduced by 0.25% if EBITDA meets or exceeds $25,000,000 over any trailing twelve month period
Line of credit facility conditional reduction in margin rate	0.25%
Scenario 1 | Minimum
Debt Instrument [Line Items]
Amount of EBIDTA to reduce applicable margin	25,000,000
Scenario 2
Debt Instrument [Line Items]
Applicable margin rate reduction	reduced by an additional 0.25% if EBITDA meets or exceeds $50,000,000 over any trailing twelve month period
Line of credit facility conditional reduction in margin rate	0.25%
Scenario 2 | Minimum
Debt Instrument [Line Items]
Amount of EBIDTA to reduce applicable margin	50,000,000
United States
Debt Instrument [Line Items]
Asset-based credit facility, maximum borrowing capacity	158,333,000
Canada
Debt Instrument [Line Items]
Asset-based credit facility, maximum borrowing capacity	31,667,000
United Kingdom
Debt Instrument [Line Items]
Asset-based credit facility, maximum borrowing capacity	$40,000,000

Financing_Arrangements_Convert

Financing Arrangements (Convertible Senior Notes) - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Aug. 29, 2013	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Aug. 29, 2012
Debt Instrument [Line Items]
Convertible senior notes					$112,500
Convertible senior notes interest rate					3.75%
Convertible senior notes due date	15-Aug-19
Convertible senior notes, transactional fees			3,539
Convertible notes, net (Note 3)		107,656	107,656	107,133
Convertible senior notes, unamortized discount		4,844	4,844	5,367
Convertible senior notes, remaining amortization period		5 years 10 months 28 days	5 years 10 months 28 days
Convertible senior notes, total interest and amortization expense recognized		1,234	3,673
Convertible senior notes convertible latest date			15-Aug-19
Initial conversion rate, number of common stock issuable			0.1333333
Conversion price per share		$7.50	$7.50
Debt Conversion, maximum number of common stock shares			15,000
Repurchase price as percentage of principal amount of senior notes			100.00%
Price to redeem notes as percentage of principal			100.00%
Notes redemption earliest date			15-Aug-15
Unamortized debt issuance costs
Debt Instrument [Line Items]
Unamortized, transaction Fees		2,992	2,992	3,365
Unamortized debt issuance costs | Other Current Assets
Debt Instrument [Line Items]
Unamortized, transaction Fees		506	506	505
Unamortized debt issuance costs | Other Long Term Assets
Debt Instrument [Line Items]
Unamortized, transaction Fees		$2,486	$2,486	$2,860

Preferred_Stock_Additional_Inf

Preferred Stock - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012
Class of Stock [Line Items]
Preferred stock, cumulative dividend rate (in percent)		7.50%
Preferred stock, par value	$0.01	$0.01	$0.01
Additional shares inducement	$75,342
Preferred stock, shares outstanding	183,796	183,796	417,639
Conversion rate of the preferred stock to common stock	14.1844	14.1844
Conversion price per share	$7.05	$7.05
Common stock issuable upon conversion, shares		2,607,000
Preferred stock, liquidation preference, per share	$100	$100
Preferred stock, cumulative dividend rate per share		$7.50
Preferred stock, liquidation preference, value	$18,437,000	$18,437,000
Redemption of preferred, term		The Company, at its option, may redeem the preferred stock subject to available liquidity and compliance with any applicable legal requirements and contractual obligations, in whole or in part, at a price equal to 100% of the liquidation preference, plus all accrued and unpaid dividends
Percentage of per share price of liquidation preference for redemption	100.00%	100.00%
Series B Cumulative Perpetual Convertible Preferred Stock
Class of Stock [Line Items]
Preferred stock to common stock exchange (in shares)	233,843
Common Stock
Class of Stock [Line Items]
Common stock issued from preferred stock conversion (in shares)	3,316,922

Earnings_per_Common_Share_Comp

Earnings per Common Share - Computation of Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings per common share—basic
Net income (loss)	($21,153)	($86,798)	$30,578	($52,197)
Less: Preferred stock dividends	1,766	2,414	3,332	7,664
Net income (loss) allocable to common shareholders	-22,919	-89,212	27,246	-59,861
Weighted-average common shares outstanding—basic	72,649	67,162	71,613	65,740
Basic earnings per common share	($0.32)	($1.33)	$0.38	($0.91)
Earnings per common share—diluted
Net income (loss)	-21,153	-86,798	30,578	-52,197
Dividends on convertible preferred stock	1,766	2,414	3,332	7,664
Interest on convertible debt, net of tax	0	0	3,673	0
Net income including assumed conversions	($22,919)	($89,212)	$30,919	($59,861)
Weighted-average common shares outstanding—basic	72,649	67,162	71,613	65,740
Convertible notes weighted-average shares outstanding	0	0	15,000	0
Options, restricted stock and other dilutive securities	0	0	257	0
Weighted-average common shares outstanding—diluted	72,649	67,162	86,870	65,740
Dilutive earnings per common share	($0.32)	($1.33)	$0.36	($0.91)

Earnings_per_Common_Share_Addi

Earnings per Common Share - Additional Information (Detail)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Class of Stock [Line Items]
Antidilutive securities excluded from computation of earnings per share	24,716	26,135	11,117	28,222
Preferred Stock
Class of Stock [Line Items]
Antidilutive securities excluded from computation of earnings per share	4,446	14,958	5,426	18,225
Convertible Debt Securities [Member]
Class of Stock [Line Items]
Antidilutive securities excluded from computation of earnings per share	15,000	5,275		1,758

Sale_of_Buildings_Additional_I

Sale of Buildings - Additional Information (Detail) (USD $)	0 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2013	Sep. 30, 2013	Dec. 31, 2012
Leases [Abstract]
Proceeds from sale of manufacturing facility	$3,496
Loss on sale of building net of commissions and fees		31
Accrued in accounts payable and accrued expenses		$1,035	$1,243

Inventories_Detail

Inventories (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Raw Materials	$41,600	$43,469
Work-in-process	478	619
Inventories:
Finished goods	148,792	167,646
Inventories	$190,870	$211,734

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets - Intangible Assets by Major Asset Class (Detail) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

In Thousands, unless otherwise specified

Trade name, trademark and trade dress and other

Trade name, trademark and trade dress and other

Patents

Patents

Patents

Patents

Developed technology and other

Developed technology and other

Developed technology and other

Developed technology and other

Minimum

Maximum

Minimum

Maximum

Intangible Assets By Major Class [Line Items]

Useful Life (years)

2 years

16 years

1 year

9 years

Gross

$128,132

$128,132

$88,590

$88,590

$31,581

$31,581

$7,961

$7,961

Accumulated Amortization

39,210

38,943

31,272

31,022

7,938

7,921

Net Book Value

$88,922

$89,189

$88,590

$88,590

$309

$559

$23

$40

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets - Amortization Expense Related to Intangible Assets (Detail) (USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2013	$21
2014	68
2015	51
2016	51
2017	51
2018	51
Thereafter	39
Finite Lived Intangible Assets, Net, Total	$332

Goodwill_and_Intangible_Assets4

Goodwill and Intangible Assets - Additional Information (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]
Aggregate amortization expense on intangible assets	$267	$2,645
Goodwill	29,060		29,034
Decrease in goodwill offset amount due to foreign currency fluctuations	26
Gross goodwill before impairments	$30,809		$30,783

Investments_Additional_Informa

Investments - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Schedule Of Cost Method Investments [Line Items]
Additional investment in preferred shares of TopGolf International, Inc.	$5,709	$7,189
Investment in TopGolf International, Inc.	$31,156	$31,156
Maximum
Schedule Of Cost Method Investments [Line Items]
Percentage of ownership interest in TopGolf International, Inc.	20.00%	20.00%

NonControlling_Interest_Additi

Non-Controlling Interest - Additional Information (Detail) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012
Noncontrolling Interest [Abstract]
Non-cash charges to write-off certain assets	$303	$3,738
Amount loaned to Mauritius	3,200	3,200
Loan to Mauritius, outstanding	$1,588	$1,588	$1,788

Product_Warranty_Reconciliatio

Product Warranty - Reconciliation of Reserve for Warranty Expense (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Guarantees [Abstract]
Beginning balance	$8,241	$7,863	$7,539	$8,140
Provision	190	2,832	4,335	6,605
Claims paid/costs incurred	-1,665	-2,562	-5,108	-6,612
Ending balance	$6,766	$8,133	$6,766	$8,133

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Income tax provision	$1,037,000	$750,000	$4,941,000	$2,654,000
Liability for income taxes associated with uncertain tax positions	8,484,000		8,484,000
Tax benefits associated with potential transfer pricing adjustments			2,798,000
Tax benefits associated with state income taxes	3,063,000		3,063,000
Net amount of unrecognized tax benefit related to uncertain tax positions that would impact, if recognized, effective income tax rate	2,623,000		2,623,000
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound	1,904,000		1,904,000
Interest and penalties related to income tax matters	58,000	61,000	150,000	29,000
Income tax accrued for payment of interest and penalties	$920,000		$920,000		$1,245,000

Income_Taxes_Major_Jurisdictio

Income Taxes Major Jurisdictions No Longer Subject to Audit (Details)	9 Months Ended
	Sep. 30, 2013
U.S. federal
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2008 and prior
California (United States)
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2007 and prior
Canada
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2005 and prior
Japan
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2006 and prior
South Korea
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2008 and prior
United Kingdom
Income Tax Examination [Line Items]
Years No Longer Subject to Audit	2008 and prior

Commitments_and_Contingencies_1

Commitments and Contingencies - Additional Information (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013
Long Term Purchase Commitment [Line Items]
Unconditional purchase obligations over next four years	60,566
Minimum
Long Term Purchase Commitment [Line Items]
Unconditional purchase obligations, term	1 year
Maximum
Long Term Purchase Commitment [Line Items]
Unconditional purchase obligations, term	5 years

Commitments_and_Contingencies_2

Commitments and Contingencies Future Purchase Commitments (Details) (USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]
Remainder of 2013	$43,781
2014	13,298
2015	2,327
2016	839
2017	321
Unrecorded Unconditional Purchase Obligation	$60,566

ShareBased_Employee_Compensati2

Share-Based Employee Compensation - Additional Information (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost of employee share-based compensation included in income, before income tax	$1,888,000	$1,210,000	$4,257,000	$5,086,000
Accrued employee compensation and benefits	26,759,000		26,759,000		20,649,000
Long-term incentive compensation and other	5,451,000		5,451,000		7,131,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, shares granted	0	0	1,843,000
Stock options granted during period, weighted average grant-date fair value			$2.47
Compensation expense related to stock options	486,000	253,000	1,333,000	1,310,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted	0	10,000	441,000	393,000
Stock units, weighted average grant-date fair value		$5.75	$6.55	$6.36
Compensation expense related to restricted stocks	436,000	332,000	1,258,000	1,172,000
Total unrecognized compensation expense related to non-vested shares granted	3,901,000		3,901,000
Phantom Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted			0	401,000
Stock units, weighted average grant-date fair value				$6.37
Vesting period			3 years
Cost of employee share-based compensation included in income, before income tax	430,000	361,000	947,000	1,355,000
Accrued compensation expense	2,247,000		2,247,000
Accrued employee compensation and benefits	1,198,000		1,198,000		0
Long-term incentive compensation and other	1,049,000		1,049,000		1,324,000
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted	0	0	0	3,377,000
Stock units, weighted average grant-date fair value				$2.07
Vesting period			3 years
Cost of employee share-based compensation included in income, before income tax	536,000	264,000	719,000	1,250,000
Accrued compensation expense	3,252,000		3,252,000		2,607,000
Accrued employee compensation and benefits	2,705,000		2,705,000		1,819,000
Long-term incentive compensation and other	$547,000		$547,000		$788,000

ShareBased_Employee_Compensati3

Share-Based Employee Compensation - Share-Based Compensation Including Expense for Phantom Stock Units and Cash Settled Stock Appreciation Rights Granted to Employees (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Cost of employee share-based compensation included in income, before income tax	$1,888	$1,210	$4,257	$5,086
Cost of sales
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Cost of employee share-based compensation included in income, before income tax	84	28	229	175
Operating expenses
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Cost of employee share-based compensation included in income, before income tax	$1,804	$1,182	$4,028	$4,911

ShareBased_Employee_Compensati4

Share-Based Employee Compensation - Weighted Average Black-Scholes Fair Value Assumptions used in Valuation of Stock Options Granted (Details) (Stock Options)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.60%	1.20%
Expected volatility	48.80%	50.60%
Risk free interest rate	0.70%	0.80%
Expected life	4 years 3 months 18 days	4 years 10 months 24 days

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments - Fair Value Relating to Financial Assets and Liabilities (Details) (USD $)	Sep. 30, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible senior notes, unamortized discount	$4,844		$5,367
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible notes	107,656	[1]	107,133	[1]
Standby letters of credit	1,278		3,265	[2]
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Convertible notes	126,000	[1]	118,406	[1]
Standby letters of credit	$1,278		$3,265	[2]
[1]	The carrying value of the convertible notes at September 30, 2013 and December 31, 2012, is net of the unamortized discount of $4,844,000 and $5,367,000, respectively (see Note 3). The fair value of the convertible notes was determined based on secondary quoted market prices, and as such is classified as Level 2 in the fair value hierarchy.
[2]	Amounts outstanding under standby letters of credit represent the Company’s contingent obligation to perform in accordance with the underlying contracts to which they pertain. The fair value of standby letters is classified as Level 1 as it approximates the carrying value due to the short term nature of these obligations.

Fair_Value_of_Financial_Instru3

Fair Value of Financial Instruments - Foreign Currency Exchange Contracts Measured at Fair Value on Recurring Basis (Detail) (Fair Value, Measurements, Recurring, Foreign Exchange Contract, USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign currency derivative instruments—asset position	$536
Foreign currency derivative instruments—liability position	-3,286
Foreign Currency Derivatives at Fair Value, Net, Total	-2,750
Observable market based inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign currency derivative instruments—asset position	536
Foreign currency derivative instruments—liability position	-3,286
Foreign Currency Derivatives at Fair Value, Net, Total	($2,750)

Fair_Value_of_Financial_Instru4

Fair Value of Financial Instruments Fair Value Measurements, Nonrecurring (Details) (USD $)	9 Months Ended		3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012
			Cost Reduction Initiatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	$0	$17,056,000	$7,939,000

Derivatives_and_Hedging_Additi

Derivatives and Hedging - Additional Information (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amount of foreign currency exchange contracts	$102,369	$137,125

Derivatives_and_Hedging_Summar

Derivatives and Hedging - Summary of Fair Value of Derivative Instruments by Contract Type and Location of Asset and/or Liability on Consolidated Condensed Balance Sheets (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Other Current Assets
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts, asset derivatives not designated as hedging instruments, fair value	$536	$5,011
Accounts payable and accrued expenses
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts, liability derivatives not designated as hedging instruments, fair value	$3,286	$1,046

Derivatives_and_Hedging_Locati

Derivatives and Hedging - Location of Gains in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type (Details) (Other income, Net, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Other income, Net
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency exchange contracts, amount of net gain recognized in income on derivatives not designated as hedging instruments	($5,565)	($4,884)	$7,238	($1,399)

Segment_Information_Informatio

Segment Information - Information Utilized by Management to Evaluate its Operating Segments (Details) (USD $)	3 Months Ended						9 Months Ended				15 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013
Segment Reporting Information [Line Items]
Net sales	$178,229				$147,906		$715,631		$714,127
Income (loss) before income taxes	-20,116				-86,048		35,519		-49,543
Additions to long-lived assets	4,302				2,325		10,764		15,279
Gain in connection with sale of brands							0		6,602
Number of operating segments							2
Golf Clubs
Segment Reporting Information [Line Items]
Net sales	152,610				121,286		603,599		595,123
Income (loss) before income taxes	-4,410	[1]			-57,840	[1]	60,410	[1]	-7,247	[1]
Additions to long-lived assets	4,236				2,242		10,669		14,956
Golf Balls
Segment Reporting Information [Line Items]
Net sales	25,619				26,620		112,032		119,004
Income (loss) before income taxes	-3,420	[1]			-13,789	[1]	3,474	[1]	-8,047	[1]
Additions to long-lived assets	66				83		95		323
Reconciling Items
Segment Reporting Information [Line Items]
Income (loss) before income taxes	-12,286	[2]			-14,419	[2]	-28,365	[2]	-34,249	[2]
Cost Reduction Initiative
Segment Reporting Information [Line Items]
Charges to cost and expense	1,858		4,998	3,509	35,084		10,365		39,755		64,426
Cost Reduction Initiative | Golf Clubs
Segment Reporting Information [Line Items]
Charges to cost and expense	990				23,603		4,261		25,290
Cost Reduction Initiative | Golf Balls
Segment Reporting Information [Line Items]
Charges to cost and expense	454				9,317		4,682		9,650
Cost Reduction Initiative | Corporate G&A
Segment Reporting Information [Line Items]
Charges to cost and expense	$414				$2,164		$1,423		$4,815
[1]	In connection with the Cost Reduction Initiatives (see Note 2), the Company’s golf clubs and golf balls segments recognized pre-tax charges of $990,000 and $454,000, respectively, during the three months ended September 30, 2013, and $23,603,000 and $9,317,000, respectively, during the three months ended September 30, 2012. The Company's golf clubs and golf balls segments recognized pre-tax charges of $4,261,000 and $4,682,000, respectively, during the nine months ended September 30, 2013, in connection with these initiatives, and $25,290,000 and $9,650,000, respectively, during the nine months ended September 30, 2012.
[2]	Reconciling items represent corporate general and administrative expenses and other income (expense) not included by management in determining segment profitability. During the three and nine months ended September 30, 2013, the reconciling items include pre-tax charges of $414,000 and $1,423,000, respectively, related to the Cost Reduction Initiatives. During the three and nine months ended September 30, 2012, the reconciling items include pre-tax charges of $2,164,000 and $4,815,000, respectively, in connection with these initiatives. In addition, reconciling items for the nine months ended September 30, 2012, include a pre-tax gain of $6,602,000 in connection with the sale of Top-Flite and Ben Hogan brands.