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Calculate gross profit margin (gross profit/revenues) and operating profit margin (operating profit/revenues) for Callaway Golf Company CALLAWAY GOLF COMPANY Consolidated State of Operations (In thousands,

Calculate gross profit margin (gross profit/revenues) and operating profit margin (operating profit/revenues) for Callaway Golf Company
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CALLAWAY GOLF COMPANY Consolidated State of Operations (In thousands, except per share data) Year Ended December 31, 2016 2015 2014 $ 871,192 486,181 385,011 235,556 71.969 33,318 340,843 44.168 621 (2,368) 17,662 (1.690) 58,393 (132,561) 190,954 1,054 $ 189,900 $843,794 486,161 357,633 228.910 68,567 33.213 330,690 26,943 388 (8.733) Net sales.. Cost of sales Gross profit. Selling expenses General and administrative expenses. Research and development expenses. Total operating expenses Income from operations Interest income Interest expense Gain on sale of investments in golf-related ventures...... Other income (expense), net Income before income taxes Income tax (benefit) provision.. Net income... Less: Net income attributable to noncontrolling Interests Net income attributable to Callaway Golf Company... Earnings per common share: Basic Diluted. Weighted average common shares outstanding Basic Diluted. $886,945 529,019 357.926 234,231 61,662 31,285 327.178 30.748 438 (9.499) 1,465 20,063 5.495 14,568 (48) 21.639 5.631 16.008 $ 14,56 $ 16,008 $ $ 2.02 1.98 $ 0.18 $ 0.17 $ 0.21 $ 0.20 94045 95,845 83.116 84,611 77,559 78,385

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