Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income		$ 40,192	$ 88,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment		834	809
Amortization of trademarks and other intangibles		1,295	1,724
Amortization of deferred financing costs and debt discount		2,881	2,459
Amortization of convertible note discount		15,498	15,069
Stock-based compensation expense		3,489	5,888
Non-cash gain on re-measurement of equity investment			(49,990)
Provision for doubtful accounts		8,770	3,918
Earnings on equity investments in joint ventures		(2,556)	(2,650)
Distributions from equity investments		1,680	1,333
(Gains) / losses on sale of trademarks		(9,844)	0
Gain on extinguishment of debt, net		(4,288)
Deferred income tax provision		11,122	21,403
Foreign currency translation loss (gain)		(864)	(8,769)
Changes in operating assets and liabilities, net of business acquisitions:
Accounts receivable		(362)	(14,713)
Other assets – current		(10,635)	16,746
Other assets		5,712	1,569
Deferred revenue		(7,109)	4,741
Accounts payable and accrued expenses		2,870	7,727
Net cash provided by operating activities		58,685	95,264
Cash flows (used in) provided by investing activities:
Purchases of property and equipment		(750)	(802)
Proceeds from sale of trademarks and related notes receivable		1,172	3,030
Proceeds from sale of fixed assets			225
Additions to trademarks		(199)	(108)
Net cash (used in) provided by investing activities		35,538	(153,819)
Cash flows (used in) provided by financing activities:
Shares repurchased on the open market			(12,391)
Proceeds from Variable Funding Notes			100,000
Prepaid financing costs		(35,754)
Proceeds from long term debt		300,000
Payment of long-term debt		(190,397)	(30,562)
Repurchase of convertible notes		(161,132)
Payment to Purim		(2,000)	(2,000)
Proceeds from sale of trademarks and related notes receivable from consolidated JVs		4,770	10,317
Distributions to non-controlling interests		(13,644)	(9,016)
Tax deficiency from share-based payment arrangements		(1,596)
Tax benefit related to amortization of convertible notes' discount		170	54
Cost of shares repurchased on vesting of restricted stock and exercise of stock options		(540)	(3,156)
Restricted cash		(35,263)	(5,363)
Net cash provided by (used in) financing activities		(135,386)	47,883
Effect of exchange rate changes on cash		1,190	576
Net increase (decrease) in cash and cash equivalents		(39,973)	(10,096)
Cash and cash equivalents, beginning of period		169,971	128,039
Cash and cash equivalents, end of period		129,998	117,943
Cash paid during the period:
Income taxes (net of refunds received)		5,479	(6,284)
Interest		31,911	23,736
Non-cash investing and financing activities:
Issuance of shares in connection with repurchase of convertible notes		24,324
Restricted Stock
Non-cash investing and financing activities:
Shares repurchased on vesting of restricted stock included in accrued expenses			11,436
Iconix China Holdings Limited
Cash flows (used in) provided by investing activities:
Acquisition of interest, net of cash acquired			(20,400)
Non-cash investing and financing activities:
Issuance of shares in connection with purchase			15,703
Pony International, LLC.
Cash flows (used in) provided by investing activities:
Acquisition of interest			(37,000)
Strawberry Shortcake
Cash flows (used in) provided by investing activities:
Acquisition of interest			(95,000)
Non-cash investing and financing activities:
Note receivable in connection with Strawberry Shortcake acquisition			8,370
Galore Media
Cash flows (used in) provided by investing activities:
Acquisition of interest		(500)
American Greetings Corporation
Cash flows (used in) provided by investing activities:
Issuance of note			(10,000)
Proceeds received from note		2,500	1,250
Buffalo International Unlimited Liability Corporation
Cash flows (used in) provided by investing activities:
Proceeds received from note		4,100	$ 4,986
BBC and Ice Cream brands
Adjustments to reconcile net income to net cash provided by operating activities:
(Gains) / losses on sale of trademarks	[1]	593
Cash flows (used in) provided by investing activities:
Proceeds from sale of interest		3,500
Badgley Mischka Intellectual Property / MJCLK Apparel License
Cash flows (used in) provided by investing activities:
Proceeds from sale of rights		14,000
TangLi International Holdings Ltd.
Cash flows (used in) provided by investing activities:
Proceeds from sale of rights		11,352
Mecox Lane Limited
Cash flows (used in) provided by investing activities:
Proceeds from sale of rights		$ 363

[1] In January 2016, the Company sold its interest in the BBC and Ice Cream brands for $3.5 million in cash. The Company recognized a loss of $0.6 million as a result of this transaction.