XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 80,406 $ 87,953
Restricted cash 3,653 4,740
Accounts receivable, net of allowance for doubtful accounts of $3,890 and $4,566 at March 31, 2021 and December 31, 2020, respectively 79,657 102,254
Inventory 36,653 38,642
Prepaid expenses and other assets 23,480 17,239
Total current assets 223,849 250,828
Office furniture and equipment 11,922 11,795
Molds and tooling 96,262 95,367
Leasehold improvements 6,884 6,883
Total 115,068 114,045
Less accumulated depreciation and amortization 102,043 100,534
Property and equipment, net 13,025 13,511
Operating lease right-of-use assets, net 22,283 24,393
Other long term assets 2,088 3,223
Intangible assets, net 1,777 2,031
Goodwill 35,083 35,083
Trademarks 300 300
Total assets 298,405 329,369
Current liabilities    
Accounts payable 31,307 40,495
Accrued expenses 28,233 39,304
Reserve for sales returns and allowances 39,499 42,108
Income taxes payable 175 484
Short term operating lease liabilities 10,109 9,925
Short term debt, net 6,721 5,950
Total current liabilities 116,044 138,266
Long term operating lease liabilities 14,475 16,883
Debt, non-current portion, net of issuance costs and debt discounts 154,960 150,410
Other liabilities 15,438 8,062
Income taxes payable 947 947
Deferred income taxes, net 123 123
Total liabilities 301,987 314,691
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at March 31, 2021 and December 31, 2020 2,066 1,740
Stockholders' Equity (Deficit)*    
Common stock, $0.001 par value; 100,000,000 shares authorized; 6,218,728 and 5,694,772 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively [1] 6 6
Additional paid-in capital [1] 227,113 221,590
Accumulated deficit (221,509) (197,423)
Accumulated other comprehensive loss (12,504) (12,446)
Total JAKKS Pacific, Inc. stockholders' equity (deficit) [1] (6,894) 11,727
Non-controlling interests 1,246 1,211
Total stockholders' equity (deficit) [1] (5,648) 12,938
Total liabilities, preferred stock and stockholders' equity (deficit) $ 298,405 $ 329,369
[1] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.