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Quarterly Results (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary of Historical Revenues, Gross Profit, Income (Loss) from Operations

The following table sets forth our historical revenues, gross profit, (loss) income from operations, net (loss) income, net (loss) income attributable to common shareholders of Party City Holdco Inc., and net (loss) income per share attributable to common shareholders of Party City Holdco Inc.—Basic and Diluted for each of the following quarters:

 

 

 

For the Three Months Ended,

 

2020

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

412,461

 

 

$

253,646

 

 

$

532,053

 

 

$

645,284

 

Royalties and franchise fees

 

 

1,582

 

 

 

1,045

 

 

 

1,722

 

 

 

2,897

 

Gross profit

 

 

115,704

 

 

 

15,739

 

 

 

176,130

 

 

 

167,421

 

(Loss) income from operations

 

 

(611,370

)

 

 

(126,794

)

 

 

(27,099

)

 

 

(112,238

)

Net (loss) income

 

 

(541,668

)

 

 

(130,059

)

 

 

239,665

 

 

 

(96,395

)

Net (loss) income attributable to common

   shareholders of Party City Holdco Inc.

 

 

(541,513

)

 

 

(130,015

)

 

 

239,707

 

 

 

(96,417

)

Net (loss) income per share attributable to

   common shareholders of Party City Holdco

   Inc.—Basic

 

$

(5.80

)

 

$

(1.39

)

 

$

2.25

 

 

$

(0.88

)

Net (loss) income per share attributable to

   common shareholders of Party City Holdco

   Inc.—Diluted

 

$

(5.80

)

 

$

(1.39

)

 

$

2.24

 

 

$

(0.88

)

 

 

 

For the Three Months Ended,

 

2019:

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

511,102

 

 

$

561,702

 

 

$

538,345

 

 

$

728,361

 

Royalties and franchise fees

 

 

2,014

 

 

 

2,189

 

 

 

1,886

 

 

 

3,190

 

Gross profit

 

 

172,060

 

 

 

208,646

 

 

 

164,932

 

 

 

293,239

 

(Loss) Income from operations

 

 

(10,297

)

 

 

97,485

 

 

 

(277,526

)

 

 

(227,055

)

Net (loss) income

 

 

(30,289

)

 

 

48,005

 

 

 

(281,745

)

 

 

(268,829

)

Net (loss) income attributable to common

   shareholders of Party City Holdco Inc.

 

 

(30,218

)

 

 

48,074

 

 

 

(281,533

)

 

 

(268,818

)

Net (loss) income per share attributable to common

   shareholders of Party City Holdco

   Inc.—Basic

 

$

(0.32

)

 

$

0.52

 

 

$

(3.02

)

 

$

(2.88

)

Net (loss) income per share attributable to common

   shareholders of Party City Holdco

   Inc.—Diluted

 

$

(0.32

)

 

$

0.51

 

 

$

(3.02

)

 

$

(2.88

)