Suppose the following information is available for Callaway Golf Company for the years 2025 and 2024. (Dollars are in thousands, except share information.)

There were 73,139,000 shares of common stock outstanding at the end of 2023. Instructions

a. What was the company's earnings per share for each year?

b. Based on your findings above, how did the company's profitability change from 2024 to 2025?

c. Suppose the company had paid dividends on preferred stock and on common stock during the year. How would this affect your calculation in part (a)?

Transcribed Image Text:

Net sales Net income (loss) Total assets Share information Common shares outstanding at year-end Preferred dividends 2025 $ 1,117,204 66,176 855,338 64,507,000 -0- 2024 $ 1,124,591 54,587 838,078 66,282,000 -0-