Schedule I - Condensed Financial Information of Registrant

12 Months Ended

Dec. 31, 2020

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Schedule I - Condensed Financial Information of Registrant

SCHEDULE I—CONDENSED FINANCIAL INFORMATION OF REGISTRANT

PARTY CITY HOLDCO INC.

(Parent company only)

CONDENSED BALANCE SHEETS

(Dollars in thousands)

	December 31, 2020			December 31, 2019
ASSETS
Other assets (principally investment in and amounts due from wholly-    owned subsidiaries)	$	50,790		$	533,096
Total assets	$	50,790		$	533,096
LIABILITIES, REDEEMABLE SECURITIES AND    STOCKHOLDERS’ EQUITY
Total liabilities	$	—		$	—
Redeemable securities		—			3,351
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 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 stockholders’ equity		50,790			529,745
Total liabilities, redeemable securities and stockholders’ equity	$	50,790		$	533,096

See accompanying notes to these condensed financial statements.

PARTY CITY HOLDCO INC.

(Parent company only)

CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME

(Dollars in thousands)

	Fiscal Year Ended December 31,
	2020			2019			2018
Equity in net income of subsidiaries	$	(528,238	)	$	(532,495	)	$	122,850
Net income	$	(528,238	)	$	(532,495	)	$	122,850
Add: Net income attributable to redeemable securities holder		—			—			409
Net income attributable to common shareholders of Party    City Holdco Inc.	$	(528,238	)	$	(532,495	)	$	123,259
Other comprehensive (loss) income, net		5,818			13,467			(13,383	)
Comprehensive income		(522,420	)		(519,028	)		109,467
Comprehensive income attributable to redeemable securities    holder		—			—			409
Comprehensive income attributable to common shareholders    of Party City Holdco Inc.	$	(522,420	)	$	(519,028	)	$	109,876

See accompanying notes to these condensed financial statements.

PARTY CITY HOLDCO INC.

(Parent company only)

CONDENSED STATEMENTS OF CASH FLOWS

(Dollars in thousands)

	Fiscal Year Ended December 31,
	2020			2019			2018
Cash flows provided by (used in) operating activities:
Net income	$	(528,238	)	$	(532,495	)	$	122,850
Adjustments to reconcile net income to net cash provided    by (used in) operating activities:
Equity in net income of subsidiaries		528,238			532,495			(122,850	)
Change in due to/from affiliates		(49	)		(989	)		37,928
Net cash (used in) provided by operating activities		(49	)		(989	)		37,928
Cash flows (used in) provided by financing activities:
Treasury stock purchases		(97	)		(156	)		(40,197	)
Exercise of stock options		146			1,145			2,269
Net cash provided by (used in) financing activities		49			989			(37,928	)
Net change in cash and cash equivalents		—			—			—
Cash and cash equivalents at beginning of period		—			—			—
Cash and cash equivalents at end of period	$	—		$	—		$	—