For the quarter ending 2026-03-31, GOLF had $1,591K increase in cash & cash equivalents over the period. -$162,854K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 81,160 | -34,975 | 48,031 | 174,104 |
| Depreciation and amortization | 12,869 | 13,108 | 12,978 | 29,206 |
| Unrealized foreign exchange loss (gain) | -1,923 | -926 | 966 | 2,783 |
| Amortization of debt issuance costs | 329 | 383 | 464 | 910 |
| Share-based compensation | 8,580 | 4,540 | 8,510 | 15,530 |
| Loss on disposals of property, plant and equipment | -30 | -119 | -13 | -593 |
| Gain on deconsolidation of vie (note 16) | 0 | 0 | 0 | 20,887 |
| Loss from equity method investment (note 16) | -66 | -626 | -79 | -408 |
| Loss on debt extinguishment (note 11) | - | -16,970 | - | - |
| Deferred income taxes | 9,712 | -8,519 | 17,599 | 4,861 |
| Accounts receivable | 290,737 | -142,391 | -66,973 | 197,402 |
| Inventories | -27,916 | 97,396 | -19,146 | -57,857 |
| Accounts payable | 27,996 | -5,748 | -20,028 | 24,104 |
| Accrued taxes | 14,005 | -18,976 | 6,193 | 7,697 |
| Other assets and liabilities | 37,512 | 13,787 | -4,108 | 62,590 |
| Cash flows used in operating activities | -143,663 | -338 | 163,100 | 31,608 |
| Additions to property, plant and equipment | 19,191 | 22,996 | 26,200 | 25,146 |
| Additions to intangible assets (note 9) | - | 0 | - | - |
| Other, net | - | -646 | - | 646 |
| Cash flows used in investing activities | -19,191 | -22,996 | -25,554 | -25,792 |
| Proceeds from credit facilities (note 5) | 444,524 | 693,875 | 296,582 | 790,476 |
| Repayments of credit facilities (note 5) | 235,598 | 798,166 | 327,848 | 626,260 |
| Proceeds from senior unsecured notes (note 11) | - | 500,000 | - | - |
| Repayments of senior unsecured notes (note 11) | - | 350,000 | - | - |
| Payment of redemption premium (note 11) | - | 12,908 | - | - |
| Payment of debt issuance costs | - | 9,592 | - | - |
| Purchases of common stock | 9,977 | 24,006 | 62,509 | 125,009 |
| Dividends paid on common stock | 15,874 | 13,746 | 13,787 | 28,623 |
| Payment of employee restricted stock tax withholdings | 19,667 | 55 | 531 | 10,974 |
| Other, net | 1,500 | 0 | 0 | -1,742 |
| Cash flows provided by financing activities | 164,908 | -14,598 | -108,093 | -2,132 |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | -463 | -1,461 | -27 | 3,312 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 1,591 | -39,393 | 29,426 | 6,996 |
| Cash, cash equivalents and restricted cash, beginning of year | 50,088 | 89,481 | 53,059 | - |
| Cash, cash equivalents and restricted cash, end of period | 51,679 | 50,088 | 89,481 | - |
Acushnet Holdings Corp. (GOLF)
Acushnet Holdings Corp. (GOLF)