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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 561,011 $ 544,878 $ 1,068,835 $ 1,021,877
Expenses:        
Cost of sales 329,477 321,900 646,443 620,619
Wholesale selling expenses 17,256 16,045 36,043 31,672
Retail operating expenses 92,094 90,512 181,186 181,242
Franchise expenses 3,980 3,713 7,762 7,030
General and administrative expenses 45,326 39,655 93,991 87,792
Art and development costs 5,732 5,942 11,705 11,740
Development stage expenses 1,695 6,412 3,998 6,412
Total expenses 495,560 484,179 981,128 946,507
Income from operations 65,451 60,699 87,707 75,370
Interest expense, net 25,501 21,294 48,776 41,986
Other expense (income), net 2,532 (895) 3,380 267
Income before income taxes 37,418 40,300 35,551 33,117
Income tax expense 9,370 15,318 8,666 12,818
Net income 28,048 24,982 26,885 20,299
Add: Net income attributable to redeemable securities holder 410   410  
Less: Net loss attributable to noncontrolling interests (29)   (59)  
Net income attributable to common shareholders of Party City Holdco Inc. $ 28,487 $ 24,982 $ 27,354 $ 20,299
Net income per share attributable to common shareholders of Party City Holdco Inc. - Basic $ 0.30 $ 0.21 $ 0.28 $ 0.17
Net income per share attributable to common shareholders of Party City Holdco Inc. - Diluted $ 0.29 $ 0.21 $ 0.28 $ 0.17
Weighted-average number of common shares-Basic 96,453,884 119,528,147 96,426,235 119,526,007
Weighted-average number of common shares-Diluted 97,688,233 120,943,745 97,669,309 120,903,032
Dividends declared per share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Comprehensive income $ 18,825 $ 31,985 $ 22,892 $ 30,510
Add: Comprehensive income attributable to redeemable securities holder 410   410  
Less: Comprehensive loss attributable to noncontrolling interests (55)   (73)  
Comprehensive income attributable to common shareholders of Party City Holdco Inc. 19,290 31,985 23,375 30,510
Net Sales [Member]        
Revenues:        
Revenues 558,101 541,653 1,063,209 1,015,616
Royalties and Franchise Fees [Member]        
Revenues:        
Revenues $ 2,910 $ 3,225 $ 5,626 $ 6,261