(ETonline) Tiger Woods is a divorced man.

Woods, 34, and Elin Nordegren, 30, are officially divorced. The two were reportedly at the Bay County Circuit Court in Panama City, Fla. Monday for the execution of their divorce agreement.

The divorce settlement is undisclosed at this time. “We are sad that our marriage is over and we wish each other the very best for the future,” Woods and Nordegren said in a statement given to ET by Nordegren’s Virginia-based law firm of McGuireWoods. “While we are no longer married, we are the parents of two wonderful children and their happiness has been, and will always be, of paramount importance to both of us.”

The statement continues, “Once we came to the decision that our marriage was at an end, the primary focus of our amicable discussions has been to ensure their future well-being. The weeks and months ahead will not be easy for them as we adjust to a new family situation, which is why our privacy must be a principal concern.”

Woods and Nordegren have two children: Sam Alexis, 3, andCharlie Axel, 1.(space)Woods’ personal life was splashed all over headlines following a car accident in November that led to his infidelities becoming public knowledge.