Callaway 2010 Annual Report Download - page 121

Download and view the complete annual report

Please find page 121 of the 2010 Callaway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 126

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126

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
(In thousands)
2010
United States ................................................... $ 468,214 $287,524
Europe ........................................................ 130,106 6,806
Japan ......................................................... 164,810 8,635
Rest of Asia .................................................... 89,455 4,511
Other foreign countries ........................................... 115,071 17,019
$ 967,656 $324,495
2009
United States ................................................... $ 475,383 $313,510
Europe ........................................................ 134,508 7,409
Japan ......................................................... 162,695 7,471
Rest of Asia .................................................... 76,963 3,310
Other foreign countries ........................................... 101,250 14,517
$ 950,799 $346,217
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
Note 20. Transactions with Related Parties
The Callaway Golf Company Foundation (the “Foundation”) oversees and administers charitable giving for
the Company and makes grants to carefully selected organizations. Officers of the Company also serve as
directors of the Foundation and the Company’s employees provide accounting and administrative services for the
Foundation. During 2010, 2009 and 2008, the Company did not make any contributions to the Foundation.
F-43