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Segment Information
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
Mattel, through its subsidiaries, sells a broad variety of toy products which are grouped into four major brand categories:
Mattel Girls & Boys Brands—including Barbie® fashion dolls and accessories (“Barbie”), Monster High®, Ever After High®, Polly Pocket®, and DC Super Hero Girls™ (collectively “Other Girls”), Hot Wheels® and Matchbox® vehicles and play sets (collectively “Wheels”), and CARS®, DC Comics®, WWE® Wrestling, Minecraft®, Max Steel®, BOOMco.®, Toy Story®, and games and puzzles (collectively “Entertainment”).
Fisher-Price Brands—including Fisher-Price®, Little People®, BabyGear™, Laugh & Learn®, and Imaginext® (collectively “Core Fisher-Price”), Thomas & Friends®, Dora the Explorer®, Mickey Mouse® Clubhouse, and Disney Jake and the Never Land Pirates® (collectively “Fisher-Price Friends”), and Power Wheels®.
American Girl Brands—including Truly Me®, Girl of the Year®, BeForever®, Bitty Baby®, and WellieWishers™. American Girl® Brands products are sold directly to consumers via its catalog, website, and proprietary retail stores, as well as sold directly to certain retailers.
Construction and Arts & Crafts Brands—including MEGA BLOKS® and RoseArt®.
Mattel’s operating segments are: (i) North America, which consists of the US and Canada, (ii) International, and (iii) American Girl.  The North America and International segments sell products in the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories, although some are developed and adapted for particular international markets.
Segment Data
The following tables present information about revenues, income, and assets by segment. In the following tables, Mattel does not include sales adjustments such as trade discounts and other allowances in the calculation of segment revenues (referred to as “gross sales” and reconciled to net sales in Part I, Item 2 “Management’s Discussion and Analysis of Financial Condition and Results of Operations–Non-GAAP Financial Measures” of this Quarterly Report on Form 10-Q). Mattel records these adjustments in its financial accounting systems at the time of sale to each customer, but the adjustments are not allocated to brands or individual products. For this reason, Mattel’s chief operating decision maker uses gross sales by segment as one of the metrics to measure segment performance. Such sales adjustments are included in the determination of segment income from operations based on the adjustments recorded in the financial accounting systems. Segment income represents each segment’s operating income, while consolidated operating income represents income from operations before net interest, other non-operating (income) expense, and income taxes as reported in the consolidated statements of operations. The corporate and other expense category includes costs not allocated to individual segments, including charges related to incentive compensation, share-based payments, and corporate headquarters functions managed on a worldwide basis, and the impact of changes in foreign currency exchange rates on intercompany transactions.
 
For the Three Months Ended
 
March 31,
2017
 
March 31,
2016
 
(In thousands)
Revenues by Segment
 
 
 
North America
$
362,318

 
$
490,522

International
366,336

 
374,804

American Girl
85,984

 
96,779

Gross sales
814,638

 
962,105

Sales adjustments
(79,020
)
 
(92,706
)
Net sales
$
735,618

 
$
869,399

 
For the Three Months Ended
 
March 31,
2017
 
March 31,
2016
 
(In thousands)
Segment (Loss) Income
 
 
 
North America
$
(19,340
)
 
$
41,149

International
(24,842
)
 
(17,362
)
American Girl
(5,785
)
 
3,387

 
(49,967
)
 
27,174

Corporate and other expense (a)
(77,061
)
 
(76,320
)
Operating loss
(127,028
)
 
(49,146
)
Interest expense
22,030

 
22,520

Interest (income)
(2,466
)
 
(2,360
)
Other non-operating (income) expense, net
(921
)
 
24,173

Loss before income taxes
$
(145,671
)
 
$
(93,479
)
__________________________________________ 
(a)
Corporate and other expense includes severance and restructuring expenses of $3.0 million and $9.8 million for the three months ended March 31, 2017 and 2016 , respectively, and share-based compensation expense of $12.7 million and $12.4 million for the three months ended March 31, 2017 and 2016, respectively.
Segment assets are comprised of accounts receivable and inventories, net of applicable reserves and allowances.
 
March 31,
2017
 
March 31,
2016
 
December 31,
2016
 
(In thousands)
Assets by Segment
 
 
 
 
 
North America
$
624,539

 
$
590,939

 
$
677,203

International
675,996

 
594,507

 
766,584

American Girl
150,373

 
114,026

 
154,924

 
1,450,908

 
1,299,472

 
1,598,711

Corporate and other
125,691

 
146,918

 
130,304

Accounts receivable and inventories, net
$
1,576,599

 
$
1,446,390

 
$
1,729,015


The table below presents worldwide revenues by brand category:
 
For the Three Months Ended
 
March 31,
2017
 
March 31,
2016
 
(In thousands)
Worldwide Revenues by Brand Category
 
 
 
Mattel Girls & Boys Brands
$
441,064

 
$
527,854

Fisher-Price Brands
246,889

 
272,612

American Girl Brands
82,214

 
93,286

Construction and Arts & Crafts Brands
38,501

 
61,915

Other
5,970

 
6,438

Gross sales
814,638

 
962,105

Sales adjustments
(79,020
)
 
(92,706
)
Net sales
$
735,618

 
$
869,399