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Equity Incentive Plans
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Equity Incentive Plans Equity Incentive Plans
Under the Acushnet Holdings Corp. Amended and Restated 2015 Omnibus Incentive Plan (the “Amended and Restated 2015 Plan”), the Company may grant stock options, stock appreciation rights, restricted shares of common stock, restricted stock units ("RSUs"), performance stock units ("PSUs") and other share-based and cash-based awards to members of the board of directors, officers, employees, consultants and advisors of the Company. As of June 30, 2026, the only equity-based awards granted under the Amended and Restated 2015 Plan were RSUs and PSUs.
As of June 30, 2026, there were 5,712,014 remaining shares of common stock reserved for issuance under the Amended and Restated 2015 Plan of which 3,117,967 remained available for future grants.
Restricted Stock and Performance Stock Units
RSUs granted to members of the board of directors vest immediately into shares of common stock. RSUs granted to the officers, employees, consultants and advisors of the Company vest in accordance with the terms of the grants, generally over three years, with one-third of each grant vesting annually, subject to the recipient’s continued service to the Company. PSUs granted to Company officers and other employees vest based upon the Company's performance against specified targets, generally over a three-year performance period, subject to the recipient's continued service to the Company. At the end of the performance period, the number of shares of common stock that could be issued is determined based upon the Company's performance against these targets. The number of shares that could be issued can range from 0% to 200% of the recipient's target award. Recipients of the awards granted under the Amended and Restated 2015 Plan may elect to defer receipt of all or any portion of any shares of common stock issuable upon vesting to a future date elected by the recipient.
All RSUs and PSUs granted under the Amended and Restated 2015 Plan have DERs, which entitle holders of RSUs and PSUs to the same dividend value per share as holders of common stock and can be paid in either cash or common stock.
DERs are subject to the same vesting and other terms and conditions as the corresponding RSUs and PSUs. DERs are paid when the underlying shares of common stock are delivered.
A summary of the Company’s RSUs and PSUs as of June 30, 2026 and changes during the six months then ended is presented below: 
Weighted-Weighted-
NumberAverageNumberAverage
of RSUsFair Value RSUs
of PSUs (3)
Fair Value PSUs
Outstanding as of December 31, 2025603,148 $65.08 500,371 $60.05 
Granted232,886 99.47 119,704 100.01 
Vested (1)(2)
(319,026)61.90 (193,351)48.21 
Forfeited(9,235)80.41 (1,411)76.05 
Outstanding as of June 30, 2026507,773 $82.57 425,313 $76.62 

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(1) Based upon the Company’s level of achievement of the applicable performance metrics, the recipients of the 193,351 PSUs that vested during the six months ended June 30, 2026, were entitled to receive 241,882 shares of common stock.
(2) Included 28,428 and 65,490 shares of common stock related to RSUs and PSUs, respectively, that were not delivered as of June 30, 2026.
(3) Number of PSUs reflects 100% of the target level grant and may not be indicative of the performance level expected to be achieved.
Compensation expense recorded related to the Company's RSUs and PSUs in the unaudited condensed consolidated statements of operations was as follows:
Three months endedSix months ended
June 30,June 30,
(in thousands)2026202520262025
RSUs$6,061 $6,183 $10,826 $11,215 
PSUs4,412 2,406 8,227 4,315 
The remaining unrecognized compensation expense related to unvested RSUs and unvested PSUs was $33.4 million and $19.9 million, respectively, as of June 30, 2026, and is expected to be recognized over the related weighted average period of 1.5 years and 2.1 years, respectively.
A summary of shares of common stock issued related to the Amended and Restated 2015 Plan, including the impact of any DERs issued in common stock, is presented below:
Six months endedSix months ended
June 30, 2026June 30, 2025
RSUsPSUsRSUsPSUs
Shares of common stock issued315,478 179,370 313,050 121,102 
Shares of common stock withheld by the Company as payment by employees in lieu of cash to satisfy tax withholding obligations
(116,528)(82,375)(112,821)(53,209)
Net shares of common stock issued198,950 96,995 200,229 67,893 
Cumulative undelivered shares of common stock514,358 607,021 532,225 546,789 
Compensation Expense
The allocation of share-based compensation expense in the unaudited condensed consolidated statements of operations was as follows:
Three months endedSix months ended
June 30,June 30,
(in thousands)2026202520262025
Cost of goods sold$546 $505 $1,049 $978 
Selling, general and administrative9,452 7,658 17,087 13,728 
Research and development475 426 917 824 
Total compensation expense before income tax10,473 8,589 19,053 15,530 
Income tax benefit2,450 1,761 4,549 3,168 
Total compensation expense, net of income tax$8,023 $6,828 $14,504 $12,362