XML 78 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 39,467 $ 61,613
Restricted cash 4,561 4,673
Accounts receivable, net of allowance for doubtful accounts of $3,156 and $3,394 at March 31, 2020 and December 31, 2019, respectively 64,761 117,942
Inventory 48,233 54,259
Prepaid expenses and other assets 18,802 21,898
Total current assets 175,824 260,385
Property and equipment    
Office furniture and equipment 11,752 11,678
Molds and tooling 103,491 103,335
Leasehold improvements 6,852 6,808
Total 122,095 121,821
Less accumulated depreciation and amortization 106,696 106,562
Property and equipment, net 15,399 15,259
Operating lease right-of-use assets, net 29,824 32,081
Other long term assets 17,691 18,926
Intangible assets, net 2,792 3,188
Goodwill 35,083 35,083
Trademarks 300 300
Total assets 276,913 365,222
Current liabilities    
Accounts payable 22,785 61,196
Accrued expenses 22,056 39,515
Reserve for sales returns and allowances 31,743 38,365
Income taxes payable 347 2,492
Short term operating lease liabilities 9,592 9,451
Short term debt, net 1,905 1,905
Total current liabilities 88,428 152,924
Long term operating lease liabilities 23,120 25,632
Debt, non-current portion, net of issuance costs and debt discounts 169,397 174,962
Other liabilities 3,319 5,409
Income taxes payable 1,471 1,565
Deferred income taxes, net 226 226
Total liabilities 285,961 360,718
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at March 31, 2020 and December 31, 2019 790 483
Stockholders' Equity (Deficit)    
Common stock, $0.001 par value; 100,000,000 shares authorized; 35,548,456 and 35,210,371 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 36 36
Additional paid-in capital 200,248 200,475
Accumulated deficit (195,187) (183,149)
Accumulated other comprehensive loss (16,056) (14,422)
Total JAKKS Pacific, Inc. stockholders' equity (deficit) (10,959) 2,940
Non-controlling interests 1,121 1,081
Total stockholders' equity (deficit) (9,838) 4,021
Total liabilities, preferred stock and stockholders' equity (deficit) $ 276,913 $ 365,222