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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

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 $ 1,119,000 $ 1,125,400

Net income (loss) 64,800 54,600

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 company's earnings per share for each year? (Round answers to 2 decimal places, e.g. 15.25.)

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