Callaway 2008 Annual Report Download - page 112

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The Company’s net sales by product category are as follows:
Year Ended December 31,
2008 2007 2006
(In thousands)
Net sales
Drivers and Fairway Woods .................... $ 268,286 $ 305,880 $ 266,478
Irons ....................................... 308,556 309,594 287,960
Putters ..................................... 101,676 109,068 102,714
Golf Balls .................................. 223,075 213,064 214,783
Accessories and Other ......................... 215,611 186,985 145,972
$1,117,204 $1,124,591 $1,017,907
The Company markets its products in the United States and internationally, with its principal international
markets being Japan and Europe. The tables below contain information about the geographical areas in which the
Company operates. Revenues are attributed to the location to which the product was shipped. Long-lived assets
are based on location of domicile.
Sales
Long-Lived
Assets(1)
(In thousands)
2008
United States ................................................. $ 554,029 $320,594
Europe ...................................................... 191,089 7,354
Japan ....................................................... 166,476 8,180
Rest of Asia .................................................. 80,011 3,171
Other foreign countries ......................................... 125,599 13,750
$1,117,204 $353,049
2007
United States ................................................. $ 597,569 $302,941
Europe ...................................................... 193,336 10,353
Japan ....................................................... 120,148 3,216
Rest of Asia .................................................. 86,133 1,271
Other foreign countries ......................................... 127,405 15,574
$1,124,591 $333,355
2006
United States ................................................. $ 566,600 $305,305
Europe ...................................................... 159,886 9,457
Japan ....................................................... 105,705 2,829
Rest of Asia .................................................. 75,569 2,374
Other foreign countries ......................................... 110,147 13,962
$1,017,907 $333,927
(1) Prior year amounts were reclassified to conform with the current year presentation, which includes other
long term assets by geographic region.
Note 18. Licensing Arrangements
The Company from time to time, in exchange for a royalty fee, licenses its trademarks and service marks to
third parties for use on products such as golf apparel, watches, travel gear, rangefinders and practice aids. The
Company has current licensing arrangements with (i) Sanei International Co., Ltd. for a complete line of men’s and
women’s apparel for distribution in Japan, Korea, China and other Asian Pacific countries, and (ii) Playcorp Pty.
Ltd. for a complete line of men’s and women’s apparel for distribution in Australia and New Zealand. From 2001
F-38