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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Delaware ( State or other jurisdiction of incorporation or organization ) to or Title of Each Class Common Stock , $ 0.01 par value per share Large accelerated filer Non - accelerated filer Commission file number 1-10962 Callaway Golf Company ( Exact name of registrant as specified in its charter ) 2180 Rutherford Road , Carlsbad , CA 92008 ( 760 ) 931-1771 ( Address , including zip code , and telephone number , including area code , of principal executive offices ) Trading Symbol ( s ) 95-3797580 ( I.R.S. Employer Identification No. ) ELY Name of Each Exchange on which Registered The New York Stock Exchange No 风 Securities registered pursuant to Section 12 ( g ) of the Act : None . Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . ý Accelerated filer Smaller reporting company Emerging growth company ☐ ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes > No □ Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes □ No ㄖ As of June 30 , 2020 , the aggregate market value of the registrant's common stock held by nonaffiliates of the registrant was $ 1,648,803,655 based on the closing sales price of the registrant's common stock as reported on the New York Stock Exchange . Such amount was calculated by excluding all shares held by directors and executive officers and shares held in treasury , without conceding that any of the excluded parties are " affiliates " of the registrant for purposes of the federal securities laws . As of January 31 , 2021 , the number of shares outstanding of the registrant's common stock , $ .01 par value , was 94,241,747 . DOCUMENTS INCORPORATED BY REFERENCE Part III incorporates certain information by reference from the registrant's Definitive Proxy Statement to be filed with the Securities and Exchange Commission ( " SEC " or " Commission " ) pursuant to Regulation 14A in connection with the registrant's 2021 Annual Meeting of Shareholders , which is scheduled to be held on May 19 , 2021. Such Definitive Proxy Statement will be filed with the Commission not later than 120 days after the conclusion of the registrant's fiscal year ended December 31 , 2020 .