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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 119,532 $ 34,917
Accounts receivable, net 90,879 149,109
Inventories, net 412,285 658,419
Prepaid expenses and other current assets 45,905 51,685
Income tax receivable 57,549  
Assets held for sale, net 83,110  
Total current assets 809,260 894,130
Property, plant and equipment, net 209,412 243,572
Operating lease asset 700,087 802,634
Goodwill 661,251 1,072,330
Trade names 384,428 530,320
Other intangible assets, net 32,134 45,060
Other assets, net 9,883 7,273
Total assets 2,806,455 3,595,319
Current liabilities:    
Loans and notes payable 175,707 128,806
Accounts payable 118,928 152,300
Accrued expenses 160,605 150,921
Liabilities held for sale 68,492  
Current portion of operating lease liability 176,045 155,471
Income taxes payable 524 35,905
Current portion of long-term obligations 13,576 71,524
Total current liabilities 713,877 694,927
Long-term obligations, excluding current portion 1,329,808 1,503,987
Long-term portion of operating lease liability 654,729 720,735
Deferred income tax liabilities 34,705 126,081
Other long-term liabilities 22,815 16,517
Total liabilities 2,755,934 3,062,247
Redeemable securities   3,351
Commitments and contingencies
Stockholders’ equity:    
Common stock (110,781,613 and 94,461,576 shares outstanding and 122,061,711 and 121,662,540 shares issued at December 31, 2020 and December 31, 2019, respectively) 1,373 1,211
Additional paid-in capital 971,972 928,573
Retained (deficit) earnings (565,457) (37,219)
Accumulated other comprehensive loss (29,916) (35,734)
Total Party City Holdco Inc. stockholders’ equity before common stock held in treasury 377,972 856,831
Less: Common stock held in treasury, at cost (11,280,098 and 27,200,964 shares at December 31, 2020 and December 31, 2019, respectively) (327,182) (327,086)
Total Party City Holdco Inc. stockholders’ equity 50,790 529,745
Noncontrolling interests (269) (24)
Total stockholders’ equity 50,521 529,721
Total liabilities, redeemable securities and stockholders’ equity $ 2,806,455 $ 3,595,319