XML 60 R49.htm IDEA: XBRL DOCUMENT v3.7.0.1
Joint Ventures and Investments - Equity Method Investments (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Apr. 30, 2016
Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Value of Investment $ 26,588  
Iconix Australia, LLC | Put / Call Options    
Schedule Of Equity Method Investments [Line Items]    
Date of Original Formation / Investment [1],[2] 2013-09  
Joint Venture Partner [1],[2] Pac Brands USA, Inc.  
Iconix India    
Schedule Of Equity Method Investments [Line Items]    
Date of Original Formation / Investment [2] 2012-06  
Joint Venture Partner [2] Reliance Brands Ltd.  
MG Icon    
Schedule Of Equity Method Investments [Line Items]    
Date of Original Formation / Investment [2] 2010-03  
Joint Venture Partner [2] Purim LLC  
Galore Media, Inc.    
Schedule Of Equity Method Investments [Line Items]    
Date of Original Formation / Investment [2],[3] 2016-04  
Joint Venture Partner [2],[3] Various minority interest holders  
Ownership by Iconix China   11.00%
Candies Shanghai Fashion Co., Ltd. | Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Brands Placed Candie’s  
Ownership by Iconix China 20.00%  
Value of Investment $ 10,598  
Shanghai MuXiang Apparel & Accessory Co. Limited | Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Brands Placed Marc Ecko  
Ownership by Iconix China 15.00%  
Value of Investment $ 2,270  
Bai Shi Kou International (Qingdao) Home Products Co. Ltd. | Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Brands Placed Royal Velvet  
Ownership by Iconix China 20.00%  
Value of Investment $ 383  
Ningo Material Girl Fashion Co., Ltd | Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Brands Placed Material Girl  
Ownership by Iconix China 20.00%  
Value of Investment $ 2,550  
Ai Xi Enterprise (Shanghai) Co. Limited | Iconix China Holdings Limited    
Schedule Of Equity Method Investments [Line Items]    
Brands Placed Ecko Unltd  
Ownership by Iconix China 20.00%  
Value of Investment $ 10,787  
[1] Refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 for material terms of the put and call options associated with the Company’s joint venture.
[2] The Company determined, in accordance with ASC 810, based on the corporate structure, voting rights and contributions of the Company and its respective joint venture partner, that the joint venture is not a VIE and not subject to consolidation. The Company has recorded its investment under the equity method of accounting since inception.
[3] In April 2016, the Company entered into agreements with Galore Media, Inc. (Galore), a marketing company formed in FY 2015 and which was still in a development stage. Under the agreements, the Company purchased 50,050 shares of Series A Preferred Stock of Galore for $0.5 million and entered into arrangements pursuant to which the Company agreed to purchase up to an aggregate $0.5 million of marketing services from Galore in FY 2016. In connection with the marketing services arrangement, the Company received warrants that, as the Company purchases specified levels of marketing services, may be exercised for additional shares of Galore’s Series A Preferred Stock at a nominal exercise price. The Series A Preferred Stock carries voting rights, and the holders of the Series A Preferred Stock have the collective right to appoint one of five members of the Board of Directors of Galore as long as there are at least 48,000 Series A Preferred Shares outstanding. Given these arrangements, the Company has an investment of approximately 11% of the equity of Galore.