Question - Suppose the following information is available for Callaway Golf Company for the years 2017 and 2016. (Dollars are in thousands, except share information.)
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|
2017
|
2016
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|
Net sales
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$1,110,000
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$1,116,700
|
|
Net income
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66,100
|
55,500
|
|
Total assets
|
855,338
|
838,078
|
|
Share information
|
|
Shares outstanding at year-end
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64,507,000
|
66,282,000
|
|
Preferred dividends
|
0
|
0
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There were 73,139,000 shares outstanding at the end of 2015.
(a) What was the company's earnings per share for each year?