Income (Loss) Per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 8 — Loss Per Share

The following table is a reconciliation of the weighted average shares used in the computation of loss per share for the periods presented (in thousands, except per share data): 

	Three Months Ended March 31,
	2021			2020
Net loss	$	(24,051	)	$	(11,998	)
Net income attributable to non-controlling interests		35			40
Net loss attributable to JAKKS Pacific, Inc.		(24,086	)		(12,038	)
Preferred stock dividend		326			307
Net loss attributable to common stockholders	$	(24,412	)	$	(12,345	)
Weighted average common shares outstanding – basic and diluted		5,379			3,021
Loss per share available to common stockholders – basic and diluted	$	(4.54	)	$	(4.09	)

* Net loss attributable to common stockholders was computed by deducting preferred dividends of $326,094 and $307,000 for the three months ended March 31, 2021 and 2020, respectively.

Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of restricted stock awards, restricted stock units and convertible debt to the extent they are dilutive). For the three months ended March 31, 2021 and 2020, the convertible senior notes interest and related weighted common share equivalent of 3,853,393 and 3,774,766, respectively, were excluded from the diluted earnings per share calculation since they would have been anti-dilutive. Potentially dilutive restricted stock awards and units of 239,707 and 616,338 for each of the three months ended March 31, 2021 and 2020, respectively, were excluded from the computation of diluted earnings per share since they would have been anti-dilutive.