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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

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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 $1,113,000 $1,119,600 Net income (loss) 61,900 50,400 Total assets 855,338 838,078 Share information Shares outstanding at year-end 64,507,000 66,282,000 Preferred dividends There were 73,139,000 shares outstanding at the end of 2015 (a) What was the company's earnings per share for each year? (Round answers to 2 decimal places, eg 15.25) 2017: $ 2016

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