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Gains on Sale of Trademarks, Net (Tables)
3 Months Ended
Mar. 31, 2021
Investments Debt And Equity Securities [Abstract]  
Schedule of Gains on Sale of Trademarks, Net

The following table details transactions compromising gains on sale of trademarks, in the condensed consolidated statement of operations:

 

 

For the Three Months Ended March 31,

 

 

 

 

2021

 

 

2020

 

 

Gain on Sale of Lee Cooper trademark in Iconix China (1)

 

 

14,959

 

 

 

 

 

Net gains on sale of trademarks

 

$

14,959

 

 

$

 

 

(1)           On March 23, 2021, the Company completed its previously announced sale of Lee Cooper China for net proceeds of $15.9             million. The Lee Cooper China Sale includes the sale of the Lee Cooper brand in the People’s Republic of China, Hong Kong, Taiwan and Macau (refer to Note 3).