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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 78,758 $ 95,182 $ 145,315 $ 166,008
Cost of sales 61,988 77,436 112,195 133,922
Gross profit 16,770 17,746 33,120 32,086
Selling, general and administrative expenses 24,664 33,870 57,000 69,136
Restructuring charge 1,631 22 1,631 270
Pandemic related charges 221 0 221 0
Acquisition related and other 0 2,503 0 5,370
Loss from operations (9,746) (18,649) (25,732) (42,690)
Income from joint ventures 0 0 2 0
Other income (expense), net 16 (242) 54 (159)
Change in fair value of preferred stock derivative liability 1 0 2,083 0
Change in fair value of convertible senior notes (7,727) (106) (52) (2,529)
Interest income 3 20 17 47
Interest expense (5,543) (2,919) (11,090) (5,937)
Loss before provision for income taxes (22,996) (21,896) (34,718) (51,268)
Provision for income taxes 272 589 548 344
Net loss (23,268) [1] (22,485) [1] (35,266) (51,612)
Net income attributable to non-controlling interests 8 57 48 88
Net loss attributable to JAKKS Pacific, Inc. (23,276) (22,542) (35,314) (51,700)
Net loss attributable to common stockholders $ (23,588) $ (22,542) $ (35,933) $ (51,700)
Loss per share - basic and diluted (in dollars per share) [2] $ (7.70) $ (9.55) $ (11.81) $ (21.93)
Shares used in net loss per share - basic and diluted (in shares) [2] 3,064 2,360 3,043 2,358
Comprehensive loss $ (23,187) $ (22,935) $ (36,819) $ (50,759)
Comprehensive loss attributable to JAKKS Pacific, Inc. $ (23,195) $ (22,992) $ (36,867) $ (50,847)
[1] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.
[2] After giving effect to a 1 for 10 reverse stock split effective July 9, 2020.