| Business Summary | | Callaway
Golf
Company,
together
with
its
subsidiaries,
designs,
develops,
manufactures
and
markets
golf
clubs
(drivers,
fairway
woods,
irons
and
putters)
and
golf
balls.
The
Company
also
sells
golf
accessories
such
as
golf
bags,
towels,
headwear
and
travel
accessories.
The
Company
generally
sells
its
products
to
golf
retailers,
directly
and
through
its
wholly
owned
subsidiaries,
and
to
third-party
distributors.
The
Company's
products
are
designed
for
both
amateur
and
professional
golfers.
The
Company's
wholly
owned
operating
subsidiaries
include
Callaway
Golf
Sales
Company,
Callaway
Golf
Europe
Ltd.,
Callaway
Golf
K.K,
Callaway
Golf
Korea
Ltd.,
Callaway
Golf
Canada
Ltd.
and
Callaway
Golf
South
Pacific
PTY
Ltd.
During
2000,
the
Company
consolidated
its
golf
ball
and
golf
club
operations,
and
in
connection
with
such
consolidation,
it
merged
its
wholly
owned
subsidiary,
Callaway
Golf
Ball
Company,
into
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Callaway
Golf
Company
designs,
manufactures
and
markets
high
quality,
innovative
golf
clubs
and
golf
balls.
ELY
products
include
metal
woods,
irons,
woods,
and
putters.
For
the
six
months
ended
6/01,
net
sales
rose
6%
to
$515
million.
Net
income
before
accounting
change
rose
7%
to
$61.1
million.
Revenues
reflect
increased
sales
of
metal
woods,
golf
balls,
putters
and
accesories.
Net
income
reflects
a
higher
margin
sales
mix
and
a
reduction
in
warranty
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ronald Drapeau, 54 Chairman,
Pres, CEO | $743K | $887K | Bradley Holiday, 47 CFO,
Exec. VP | -- | -- | Steven McCracken, 50 Sr.
Exec. VP, Sec., CLO | -- | -- | Richard Helmstetter, 59 Sr.
Exec. VP, Chief of New Products | 977K | 1.7M | Michael McCormick, 38 Exec.
VP, Global Sales | 915K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|