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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 Net income (loss) Total assets Share information Shares outstanding at year-end Preferred dividends 1,120,000 $1,126,100 53,600 838,078 65,300 855,338 64,507,000 66,282,000 There were 73,139,000 shares outstanding at the end of 2015 What was the company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.) 2017

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