Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

Mattel’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following:

	March 31, 2017
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts (a)	$	—	$	17,184	$	—	$	17,184
Available-for-sale security (b)	13,624		—		—		13,624
Total assets	$	13,624	$	17,184	$	—	$	30,808
Liabilities:
Foreign currency forward exchange contracts (a)	$	—	$	15,185	$	—	$	15,185
	March 31, 2016
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts (a)	$	—	$	8,569	$	—	$	8,569
Liabilities:
Foreign currency forward exchange contracts (a)	$	—	$	15,676	$	—	$	15,676
	December 31, 2016
	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets:
Foreign currency forward exchange contracts (a)	$	—	$	27,207	$	—	$	27,207
Available-for-sale security (b)	14,939		—		—		14,939
Total assets	$	14,939	$	27,207	$	—	$	42,146
Liabilities:
Foreign currency forward exchange contracts (a)	$	—	$	9,212	$	—	$	9,212

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(a) The fair value of the foreign currency forward exchange contracts is based on dealer quotes of market forward rates and reflect the amount that Mattel would receive or pay at their maturity dates for contracts involving the same notional amounts, currencies, and maturity dates.

(b) The fair value of the available-for-sale security is based on the quoted price on an active public exchange.