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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales* $ 535,746 $ 254,691 $ 962,553 $ 668,734
Cost of sales 318,574 237,907 593,095 534,664
Gross Profit 217,172 16,784 369,458 134,070
Wholesale selling expenses 7,358 9,707 16,474 25,165
Retail operating expenses 97,179 65,236 186,075 153,402
General and administrative expenses 45,795 63,955 91,833 129,289
Art and development costs 5,004 3,516 9,975 8,838
Store impairment and restructuring charges 0 1,164 0 18,892
Loss on disposal of assets in international operations   0 3,211 0
Goodwill, intangibles and long-lived assets impairment 0 0 0 536,648
Income (loss) from operations 61,836 (126,794) 61,890 (738,164)
Interest expense, net 23,116 25,412 40,330 50,532
Other (income) expense, net (1,300) 1,484 (873) 7,160
Income (loss) before income taxes 40,020 (153,690) 22,433 (795,856)
Income tax expense (benefit) 10,209 (23,631) 6,740 (124,129)
Net income (loss) 29,811 (130,059) 15,693 (671,727)
Less: Net (loss) attributable to noncontrolling interests 0 (44) (54) (199)
Net (loss) attributable to common shareholders of Party City Holdco Inc. $ 29,811 $ (130,015) $ 15,747 $ (671,528)
Net income (loss) per share attributable to common shareholders of Party City Holdco Inc.-Basic $ 0.27 $ (1.39) $ 0.14 $ (7.19)
Net income (loss) per share attributable to common shareholders of Party City Holdco Inc.-Diluted $ 0.26 $ (1.39) $ 0.14 $ (7.19)
Weighted-average number of common shares-Basic 111,340,295 93,419,078 111,128,822 93,407,344
Weighted average shares - Diluted 116,251,151 93,419,078 115,499,304 93,407,344
Dividends declared per share $ 0 $ 0 $ 0 $ 0
Comprehensive income (loss) $ 30,761 $ (125,961) $ 51,742 $ (679,842)
Less: Comprehensive (loss) attributable to noncontrolling interests 0 (44) (30) (199)
Comprehensive income (loss) attributable to common shareholders of Party City Holdco Inc. $ 30,761 $ (125,917) $ 51,772 $ (679,643)