XML 22 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Licensing revenue $ 187,689 $ 225,833
Type of Revenue [Extensible List] us-gaap:LicenseMember us-gaap:LicenseMember
Selling, general and administrative expenses $ 121,429 $ 114,606
Loss on termination of licenses 10,550 28,360
Depreciation and amortization 2,329 2,455
Equity (earnings) loss on joint ventures (3,043) 3,259
Gain on deconsolidation of joint venture   (3,772)
Gains on sale of trademarks, net (1,268) (875)
Goodwill impairment 37,812 103,877
Trademark impairment 136,417 525,726
Investment impairment 2,500 16,848
Operating loss (119,037) (564,651)
Other expenses (income):    
Interest expense 59,214 67,901
Interest income (495) (480)
Other income, net (91,305) (2,650)
(Gain) loss on extinguishment of debt (4,473) 20,939
Foreign currency translation loss 1,153 3,071
Other expenses (income) – net (35,906) 88,781
Loss from continuing operations before income taxes (83,131) (653,432)
Provision (benefit) for income taxes 6,538 (95,977)
Net loss from continuing operations (89,669) (557,455)
Less: Net gain (loss) attributable to non-controlling interest from continuing operations 10,852 (22,177)
Net loss from continuing operations attributable to Iconix Brand Group, Inc. (100,521) (535,278)
Loss from discontinued operations before income taxes   (26,232)
Gain on sale of Entertainment segment   104,099
Provision for income taxes   28,899
Net income from discontinued operations   48,968
Less: Net income attributable to non-controlling interest from discontinued operations   2,943
Net income from discontinued operations attributable to Iconix Brand Group, Inc.   46,025
Net loss attributable to Iconix Brand Group, Inc. $ (100,521) $ (489,253)
(Loss) earnings per share - basic:    
Continuing operations $ (15.73) $ (94.71)
Discontinued operations   8.06
(Loss) earnings per share - basic: (15.73) (86.65)
(Loss) earnings per share - diluted:    
Continuing operations (15.73) (94.71)
Discontinued operations   8.06
(Loss) earnings per share - diluted $ (15.73) $ (86.65)
Weighted average number of common shares outstanding:    
Basic 6,734 5,711
Diluted 6,734 5,711