Exercise 2-7

Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.)

		2017		2016
Net sales		$ 1,120,000		$ 1,126,100
Net income (loss)		65,300		53,600
Total assets		855,338		838,078
Share information
Shares outstanding at year-end		64,507,000		66,282,000
Preferred dividends		0		0

There were 73,139,000 shares outstanding at the end of 2015. (a) What was the companys earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)

2017 :		$
2016 :		$