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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2019	May 12, 2020	Jun. 30, 2019
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Registrant Name	JAKKS PACIFIC INC
Entity Central Index Key	0001009829
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		35,548,456
Entity Public Float			$ 14,316,560

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 61,613	$ 53,282
Restricted cash	4,673	4,923
Accounts receivable, net of allowance for doubtful accounts of $2,149 and $3,394 in 2018 and 2019, respectively	117,942	122,278
Inventory	54,259	53,880
Prepaid expenses and other assets	21,898	15,780
Total current assets	260,385	250,143
Property and equipment
Office furniture and equipment	11,678	11,999
Molds and tooling	103,335	108,315
Leasehold improvements	6,808	7,735
Total	121,821	128,049
Less accumulated depreciation and amortization	106,562	107,147
Property and equipment, net	15,259	20,902
Operating lease right-of-use assets, net	32,081
Intangible assets, net	3,188	17,312
Other long term assets	18,926	19,101
Goodwill	35,083	35,083
Trademarks	300	300
Total assets	365,222	342,841
Current liabilities
Accounts payable	61,196	57,574
Accrued expenses	39,515	29,914
Reserve for sales returns and allowances	38,365	29,403
Income taxes payable	2,492	0
Short term operating lease liabilities	9,451	0
Short term debt, net	1,905	27,211
Total current liabilities	152,924	144,102
Long term operating lease liabilities	25,632
Debt, non-current portion, net of issuance costs and debt discounts	174,962	139,792
Other liabilities	5,409	4,409
Income taxes payable	1,565	1,458
Deferred income taxes, net	226	1,431
Total liabilities	360,718	291,192
Preferred stock, $.001 par value; 5,000,000 shares authorized; nil and 200,000 shares issued and outstanding in 2018 and 2019, respectively	483	0
Stockholders’ equity
Common stock, $.001 par value; 100,000,000 shares authorized; 29,169,913 and 35,210,371 shares issued and outstanding in 2018 and 2019, respectively	36	30
Treasury stock, at cost; 3,112,840 and nil shares outstanding in 2018 and 2019, respectively	0	(24,000)
Additional paid-in capital	200,475	218,155
Accumulated deficit	(183,149)	(127,601)
Accumulated other comprehensive loss	(14,422)	(15,847)
Total JAKKS Pacific, Inc. stockholders’ equity	2,940	50,737
Non-controlling interests	1,081	912
Total stockholders’ equity	4,021	51,649
Total liabilities, preferred stock and stockholders' equity	$ 365,222	$ 342,841

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Accounts receivable, allowance for uncollectible accounts	$ 3,394	$ 2,149
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	200,000	0
Preferred stock, shares outstanding (in shares)	200,000	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	35,210,371	29,169,913
Common stock, shares outstanding (in shares)	35,210,371	29,169,913
Treasury stock, shares (in shares)	0	3,112,840

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Net sales	$ 598,649	$ 567,810	$ 613,111
Cost of sales	439,304	412,094	457,430
Gross profit	159,345	155,716	155,681
Selling, general and administrative expenses	161,210	185,142	205,223
Goodwill and other intangibles impairment	9,379	0	13,536
Restructuring charge	341	1,114	1,080
Acquisition related and other	6,204	1,633	0
Loss from operations	(17,789)	(32,173)	(64,158)
Income from joint ventures	0	227	105
Other income (expense), net	(1,158)	152	342
Loss on extinguishment of debt	(13,205)	(453)	(611)
Change in fair value of preferred stock derivative liability	(353)	0	0
Change in fair value of convertible senior notes	(5,112)	2,948	(308)
Write-off of investment in DreamPlay, LLC	0	0	7,000
Interest income	85	68	37
Interest expense	15,935	10,243	9,829
Loss before provision for income taxes	(53,467)	(39,474)	(81,422)
Provision for income taxes	1,912	2,951	1,606
Net loss	(55,379)	(42,425)	(83,028)
Net income (loss) attributable to non-controlling interests	169	(57)	57
Net loss attributable to JAKKS Pacific, Inc.	(55,548)	(42,368)	(83,085)
Net loss attributable to common stockholders	$ (56,031)	$ (42,368)	$ (83,085)
Loss per share - basic and diluted (in dollars per share)	$ (2.16)	$ (1.83)	$ (3.89)
Shares used in loss per share - basic and diluted (in shares)	25,980	23,104	21,341

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net loss	$ (55,379)	$ (42,425)	$ (83,028)
Other comprehensive income (loss):
Foreign currency translation adjustment	1,425	(2,788)	4,148
Comprehensive loss	(53,954)	(45,213)	(78,880)
Less: Comprehensive income (loss) attributable to non-controlling interests	169	(57)	57
Comprehensive loss attributable to JAKKS Pacific, Inc.	$ (54,123)	$ (45,156)	$ (78,937)

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	JAKKS Pacific, Inc. Stockholders’ Equity	Non- Controlling Interests
Beginning Balance (in shares) at Dec. 31, 2016		19,377
Beginning Balance at Dec. 31, 2016	$ 135,200	$ 19	$ (24,000)	$ 177,624	$ (2,148)	$ (17,207)	$ 134,288	$ 912
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense (in shares)		981
Stock-based compensation expense	3,112	$ 1		3,111			3,112
Shares issued in exchange for convertible senior notes (in shares)		2,977
Shares issued in exchange for convertible senior notes	15,524	$ 3		15,521			15,524
Retirement of restricted stock (in shares)		(9)
Repurchase of common stock for employee tax withholding (in shares)		(30)
Repurchase of common stock for employee tax withholding	(79)			(79)			(79)
Issuance of common stock to Hong Kong Meisheng Cultural Company Limited (in shares)		3,661
Issuance of common stock to Hong Kong Meisheng Cultural Company Limited	19,311	$ 4		19,307			19,311
Adjustment to additional paid-in capital	325			325			325
Net income (loss)	(83,028)				(83,085)		(83,085)	57
Foreign currency translation adjustment	4,148					4,148	4,148
Ending Balance (in shares) at Dec. 31, 2017		26,957
Ending Balance at Dec. 31, 2017	94,513	$ 27	(24,000)	215,809	(85,233)	(13,059)	93,544	969
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense (in shares)		2,255
Stock-based compensation expense	2,434	$ 3		2,431			2,434
Repurchase of common stock for employee tax withholding (in shares)		(42)
Repurchase of common stock for employee tax withholding	(85)			(85)			(85)
Net income (loss)	(42,425)				(42,368)		(42,368)	(57)
Foreign currency translation adjustment	(2,788)					(2,788)	(2,788)
Ending Balance (in shares) at Dec. 31, 2018		29,170
Ending Balance at Dec. 31, 2018	51,649	$ 30	(24,000)	218,155	(127,601)	(15,847)	50,737	912
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation expense (in shares)		3,546
Stock-based compensation expense	2,868	$ 3		2,865			2,868
Common Stock Issuance (in shares)		5,853
Common stock issuance	4,214	$ 6		4,208			4,214
Treasury share retirement (in shares)		(3,113)
Treasury shares retirement		$ (3)	24,000	(23,997)
Retirement of restricted stock (in shares)		(55)
Repurchase of common stock for employee tax withholding (in shares)		(191)
Repurchase of common stock for employee tax withholding	(273)			(273)			(273)
Preferred stock accrued dividends	(483)			(483)			(483)
Net income (loss)	(55,379)				(55,548)		(55,548)	169
Foreign currency translation adjustment	1,425					1,425	1,425
Ending Balance (in shares) at Dec. 31, 2019		35,210
Ending Balance at Dec. 31, 2019	$ 4,021	$ 36	$ 0	$ 200,475	$ (183,149)	$ (14,422)	$ 2,940	$ 1,081

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net loss	$ (55,379,000)	$ (42,425,000)	$ (83,028,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Provision for doubtful accounts	864,000	9,586,000	11,803,000
Depreciation and amortization	17,634,000	17,081,000	21,003,000
Write-off and amortization of debt issuance costs	1,454,000	1,800,000	1,990,000
Share-based compensation expense	2,868,000	2,434,000	3,112,000
Payment-in-kind interest	1,725,000	0	0
Amortization of debt discount	1,077,000	0	0
Gain on disposal of property and equipment	(65,000)	(96,000)	(71,000)
Tools and molds disposal	972,000	0	0
Intangibles impairment	9,379,000	0	5,248,000
Write-off of investment in DreamPlay, LLC	0	0	7,000,000
Goodwill impairment	0	0	8,288,000
Loss on extinguishment of debt	13,205,000	453,000	611,000
Deferred income taxes	(1,205,000)	210,000	(1,251,000)
Change in fair value of convertible senior notes	5,112,000	(2,948,000)	308,000
Change in fair value of preferred stock derivative liability	353,000	0	0
Changes in operating assets and liabilities:
Accounts receivable	3,472,000	10,593,000	19,339,000
Inventory	(379,000)	4,552,000	17,003,000
Prepaid expenses and other assets	(6,190,000)	(11,000,000)	(2,825,000)
Accounts payable	4,873,000	9,517,000	(380,000)
Accrued expenses	9,601,000	(12,231,000)	3,500,000
Reserve for sales returns and allowances	8,962,000	11,781,000	1,198,000
Income taxes payable	2,599,000	197,000	(987,000)
Other liabilities	894,000	(128,000)	(467,000)
Total adjustments	77,205,000	41,801,000	94,422,000
Net cash provided by (used in) operating activities	21,826,000	(624,000)	11,394,000
Cash flows from investing activities
Purchases of property and equipment	(9,415,000)	(11,770,000)	(14,928,000)
Proceeds from sale of property and equipment	12,000	128,000	145,000
Net cash used in investing activities	(9,403,000)	(11,642,000)	(14,783,000)
Cash flows from financing activities
Repurchase of common stock for employee tax withholding	(273,000)	(85,000)	(79,000)
Net proceeds from credit facility borrowings	5,000,000	7,500,000	0
Retirement of convertible senior notes	0	(13,178,000)	0
Repayment of credit facility borrowings	(12,500,000)	(5,000,000)	(5,000,000)
Repurchase of convertible senior notes	0	0	(35,614,000)
Debt issuance costs	(4,957,000)	(1,256,000)	0
Proceeds from term loan facility	0	20,000,000	0
Repayment of term loan facility	(20,000,000)	0	0
Term loan prepayment penalty	(393,000)	0	0
Proceeds from issuance of common stock	0	0	19,311,000
Net proceeds from issuance of long term debt	27,356,000	0	0
Net cash provided by (used in) financing activities	(5,767,000)	7,981,000	(21,382,000)
Net increase (decrease) in cash, cash equivalents and restricted cash	6,656,000	(4,285,000)	(24,771,000)
Effect of foreign currency translation	1,425,000	(2,487,000)	3,684,000
Cash, cash equivalents and restricted cash, beginning of year	58,205,000	64,977,000	86,064,000
Cash, cash equivalents and restricted cash, end of year	66,286,000	58,205,000	64,977,000
Cash paid during the period for:
Interest	6,434,000	9,446,000	8,778,000
Income taxes, net	$ 29,000	$ 2,096,000	$ 4,076,000

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Cash Flows [Abstract]
Purchase of property and equipment included in accounts payable	$ 2.1	$ 3.3	$ 5.2
Income tax refunds received	$ 1.8	$ 0.6	$ 0.4

Principal Industry	12 Months Ended
Principal Industry	Dec. 31, 2019
Accounting Policies [Abstract]
Principal Industry	Principal Industry JAKKS Pacific, Inc. (the “Company”) is engaged in the development, production and marketing of consumer products, including toys and related products, electronic products, and other consumer products, many of which are based on highly-recognized character and entertainment licenses. The Company commenced its primary business operations in July 1995 through the purchase of substantially all of the assets of a Hong Kong toy company. The Company markets its product lines domestically and internationally. The Company was incorporated under the laws of the State of Delaware in January 1995. Going Concern and Liquidity On January 30, 2020, the World Health Organization (“WHO”) announced a global health emergency because of a new strain of coronavirus originating in Wuhan, China (the “COVID-19 outbreak”) and the risks to the international community as the virus spreads globally beyond its point of origin. In March 2020, the WHO classified the COVID-19 outbreak as a pandemic, based on the rapid increase in exposure globally. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report. As such, it is uncertain as to the full magnitude that the pandemic will have on the Company’s financial condition, liquidity, and future results of operations. Management is actively monitoring the global situation and the resulting impact on its financial condition, liquidity, operations, suppliers, industry, and workforce. Given the daily evolution of the COVID-19 outbreak and the global responses to curb its spread, it is extremely challenging for the Company to estimate the effects of the COVID-19 outbreak on its results of operations, financial condition, and liquidity for fiscal year 2020. March year-to-date syndicated market data for the United States shows a number of manufacturers’ sell-through at retail substantially up, and others down, vs. prior year. How long these trends continue, and whether they represent a pulling forward of future sales or a deferment of intended sales remains to be seen. Although the Company cannot estimate the length or gravity of the impact of the COVID-19 outbreak at this time, it is likely the pandemic will have a material adverse effect on the Company’s sales expectations for fiscal year 2020. The Company has embarked upon cost mitigating efforts. In mid-March 2020, the Company began migrating to a work-from-home model in compliance with local guidance. In early April 2020, the Company began to reassess its revenue and expense projections for the year in an attempt to anticipate decreases in customer and consumer demand based on the uncertainty associated with the economic impact of the pandemic. In parallel, the Company began a review of worldwide spending to identify both short-term and long-term cost savings measures to preserve both profitability and liquidity in light of the potential for decreased product demand. By late April 2020, the Company had identified new revenue and spending objectives for the year 2020 and synchronized those expectations across the senior leadership team. It is the Company’s intention to carefully monitor the pandemic’s impact across markets, channels and customers and strike the right balance of pursuing opportunity while minimizing risk to the Company’s long-term health. On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”). The CARES Act, among other things, includes provisions relating to refundable payroll tax credits, deferment of employer-side social security payments, net operating loss carryback periods, alternative minimum tax credit refunds, modifications to the net interest deduction limitations and technical corrections to tax depreciation methods for qualified improvement property. The Company continues to monitor and explore any relevant government assistance programs that could support either cash liquidity or operating results in the short-medium term. As of the filing of this document, the Company continues to have no draw down on its credit facility with Wells Fargo. The Company has applied for funds under the Paycheck Protection Program after the period end in the amount of $10.0 million. The application for these funds requires the Company to, in good faith, certify that the current economic uncertainty made the loan request necessary to support the ongoing operations of the Company. This certification further requires the Company to take into account its current business activity and its ability to access other sources of liquidity sufficient to support ongoing operations in a manner that is not significantly detrimental to the business. The receipt of these funds, and the forgiveness of the loan attendant to these funds, is dependent on the Company having initially qualified for the loan and qualifying for the forgiveness of such loan based on its future adherence to the forgiveness criteria. As of December 31, 2018 and December 31, 2019, the Company held cash and cash equivalents, including restricted cash, of $58.2 million and $66.3 million, respectively. Cash, and cash equivalents, including restricted cash held outside of the United States in various foreign subsidiaries totaled $33.9 million and $27.0 million as of December 31, 2018 and December 31, 2019, respectively. The cash and cash equivalents, including restricted cash balances in the Company's foreign subsidiaries have either been fully taxed in the U.S. or tax has been accounted for in connection with the Tax Cuts and Jobs Act, or may be eligible for a full foreign dividends received deduction under such Act, and thus would not be subject to additional U.S. tax should such amounts be repatriated in the form of dividends or deemed distributions. Any such repatriation may result in foreign withholding taxes, which the Company expects would not be significant as of December 31, 2019. The Company’s primary sources of working capital are cash flows from operations and borrowings under its credit facility (see Note 11 - Credit Facilities). Typically, cash flows from operations are impacted by the effect on sales of (1) the appeal of the Company’s products, (2) the success of its licensed brands, (3) the highly competitive conditions existing in the toy industry, (4) dependency on a limited set of large customers, and (5) general economic conditions. A downturn in any single factor or a combination of factors could have a material adverse impact upon the Company’s ability to generate sufficient cash flows to operate the business. In addition, the Company’s business and liquidity are dependent to a significant degree on its vendors and their financial health, as well as the ability to accurately forecast the demand for products. The loss of a key vendor, or material changes in support by them, or a significant variance in actual demand compared to the forecast, can have a material adverse impact on the Company’s cash flows and business. Given the conditions in the toy industry environment in general, vendors, including licensors, may seek further assurances or take actions to protect against non-payment of amounts due to them. Changes in this area could have a material adverse impact on the Company’s liquidity. As of December 31, 2019, the Company has substantial indebtedness including $134.8 million of outstanding indebtedness under a First Lien Term Loan Facility Credit Agreement (the “New Term Loan Agreement”). As of December 31, 2019, the Company has no outstanding indebtedness under an amended and extended Credit Agreement (the “Amended ABL Credit Agreement” or “Amended Wells Fargo Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”). The New Term Loan Agreement and Amended ABL each contain negative covenants that, subject to certain exceptions, limit the ability of the Company and its subsidiaries to, among other things, incur additional indebtedness, make restricted payments, pledge their assets as security, make investments, loans, advances, guarantees and acquisitions, undergo fundamental changes and enter into transactions with affiliates, as well as cross-default provisions. Commencing with the fiscal quarter ending September 30, 2020, the Company is also required to maintain a minimum Earnings Before Interest Tax Depreciation and Amortization (“EBITDA") of not less than $34.0 million over the previous twelve months and a minimum liquidity of not less than $10.0 million. The New Term Loan Agreement contains events of default that are customary for a facility of this nature, including nonpayment of principal, nonpayment of interest, fees or other amounts, material inaccuracy of representations and warranties, violation of covenants, cross-default to other material indebtedness, bankruptcy or insolvency events, material judgment defaults and a change of control as specified in the New Term Loan Agreement, and cross-default provisions with the Amended Wells Fargo Credit Agreement. If an event of default occurs under either Agreement, the maturity of the amounts owed under the New Term Loan Agreement and the Amended Wells Fargo Credit Agreement may be accelerated. The Company was in compliance with the financial covenants under the New Term Loan Agreement as of December 31, 2019. Given the current uncertainties created by the COVID-19 pandemic, as discussed further in Note 23—Subsequent Event, there can be no assurance as to our ability to achieve the minimum EBITDA threshold required under the New Term Loan Agreement. Failure to satisfy such requirement would constitute an event of default under the New Term Loan Agreement and Amended ABL Credit Agreement unless the lenders agree to waive compliance with such requirement. The Company’s ability to fund operations and retire debt when due is dependent on a number of factors, some of which are beyond the Company's control and/or inherently difficult to estimate, including the Company's future operating performance and the factors mentioned above, among other risks and uncertainties. To the extent the Company is unable to fund its operations or retire debt when due, no assurances can be given that the Company will have the financial resources required to obtain, or that the conditions of the capital markets will support, any future debt or equity financings, which could have a material adverse impact on the Company’s business, results of operations and financial condition. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the date the financial statements are issued. The Company plans to negotiate waivers or obtain other accommodations to the satisfaction of its existing lenders, inclusive of Wells Fargo, the Term Loan group and the Company’s unsecured creditors. Although the lenders under the existing credit facilities may waive such covenants or provide other accommodations in event of default, they are not obligated to do so. The Company cannot make any assurances regarding the likelihood or certainty in being successful in obtaining these waivers in the event the Company is unable to achieve the minimum EBITDA threshold. Failure to obtain such a waiver would have a material adverse effect on the Company’s liquidity, financial condition and results of operations. The Company’s Consolidated Financial Statements as of December 31, 2019 are being prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. They do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from uncertainty related to its ability to continue as a going concern.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Principles of consolidation

These consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, and its majority owned joint venture. All intercompany transactions have been eliminated.

The Company entered into a joint venture with Meisheng Culture & Creative Corp., for the purpose of providing certain JAKKS licensed and non-licensed toys and consumer products to agreed-upon territories of the People’s Republic of China. The joint venture includes a subsidiary in the Shanghai Free Trade Zone that sells, distributes and markets these products, which include dolls, plush, role play products, action figures, costumes, seasonal items, technology and app-enhanced toys, based on top entertainment licenses and JAKKS’ own proprietary brands. The Company owns fifty-one percent of the joint venture and consolidates the joint venture since control rests with the Company.

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less, when acquired, to be cash equivalents. The Company maintains its cash in bank deposits which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk of cash and cash equivalents.

Restricted cash

Restricted cash consists primarily of a Wells Fargo collateral account established to cover the excess Wells Fargo borrowing base availability shortfall and a cash collateral account to cover a guarantee bond.

Accounts Receivable and Allowance for Doubtful Accounts

Credit is granted to customers on an unsecured basis. Credit limits and payment terms are established based on evaluations made on an ongoing basis throughout the fiscal year of the financial performance, cash generation, financing availability, and liquidity status of each customer. Customers are reviewed at least annually, with more frequent reviews performed as necessary, depending upon the customer’s financial condition and the level of credit being extended. For customers who are experiencing financial difficulties, management performs additional financial analyses before shipping to those customers on credit. The Company uses a variety of financial arrangements to ensure collectability of accounts receivable of customers deemed to be a credit risk, including requiring letters of credit, purchasing various forms of credit insurance with unrelated third parties, or requiring cash in advance of shipment.

The Company records an allowance for doubtful accounts based upon management’s assessment of the business environment, customers’ financial condition, historical collection experience, accounts receivable aging, customer disputes and the collectability of specific customer accounts.

Use of estimates

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual future results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the accounts receivable and sales allowances, fair values of financial instruments, intangible assets and goodwill, useful lives of intangible assets and property and equipment, income taxes, and contingent liabilities, among others. The Company bases its estimates on assumptions, both historical and forward looking, that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.

Revenue recognition for 2018 and 2019

The Company’s contracts with customers only include one performance obligation (i.e., sale of the Company’s products). Revenue is recognized in the gross amount at a point in time when delivery is completed and control of the promised goods is transferred to the customers. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for those goods. The Company’s contracts do not involve financing elements as payment terms with customers are less than one year. Further, because revenue is recognized at the point in time goods are sold to customers, there are no contract assets or contract liability balances.

The Company disaggregates its revenues from contracts with customers by reporting segment: U.S. and Canada, International, and Halloween. The Company further disaggregates revenues by major geographic region. See Note 3 - Business Segments, Geographic Data, and Sales by Major Customers, for further information.

The Company offers various discounts, pricing concessions, and other allowances to customers, all of which are considered in determining the transaction price. Certain discounts and allowances are fixed and determinable at the time of sale and are recorded at the time of sale as a reduction to revenue. Other discounts and allowances can vary and are determined at management’s discretion (variable consideration). Specifically, the Company occasionally grants discretionary credits to facilitate markdowns and sales of slow moving merchandise, and consequently accrues an allowance based on historic credits and management estimates. Further, while the Company generally does not allow product returns, the Company does make occasional exceptions to this policy, and consequently records a sales return allowance based upon historic return amounts and management estimates. These allowances (variable consideration) are estimated using the expected value method and are recorded at the time of sale as a reduction to revenue. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimation process may change. The variable consideration is not constrained as the Company has sufficient history on the related estimates and does not believe there is a risk of significant revenue reversal.

The Company also participates in cooperative advertising arrangements with some customers, whereby it allows a discount from invoiced product amounts in exchange for customer purchased advertising that features the Company’s products. Generally, these allowances range from 1% to 20% of gross sales, and are generally based upon product purchases or specific advertising campaigns. Such allowances are accrued when the related revenue is recognized. These cooperative advertising arrangements provide a distinct benefit at fair value, and are accounted for as direct selling expenses.

Sales commissions are expensed when incurred as the related revenue is recognized at a point in time and therefore the amortization period is less than one year. As a result, these costs are recorded as direct selling expenses, as incurred.

Shipping and handling activities are considered part of the Company’s obligation to transfer the products and therefore are recorded as direct selling expenses, as incurred.

The Company’s reserve for sales returns and allowances amounted to $29.4 million as of December 31, 2018 and $38.4 million as of December 31, 2019.

Revenue recognition for 2017

Revenue is recognized upon the shipment of goods to customers or their agents, depending upon terms, provided there are no uncertainties regarding customer acceptance, the sales price is fixed or determinable and collectability is reasonably assured.

Generally, the Company does not allow product returns. It provides its customers a negotiated allowance for breakage or defects, which is recorded when the related revenue is recognized. However, the Company does make occasional exceptions to this policy and consequently accrues a return allowance based upon historic return amounts and management estimates. The Company occasionally grants credits to facilitate markdowns and sales of slow-moving merchandise. These credits are recorded as a reduction of gross sales at the time of the sale.

Fair Value Measurements

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company uses various methods including market, income and cost approaches. Based upon these approaches, the Company often utilizes certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market-corroborated, or unobservable inputs. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. Based upon observable inputs used in the valuation techniques, the Company is required to provide information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values into three broad levels as follows:



Level 1:	Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities.
Level 2:	Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third-party pricing services for identical or similar assets or liabilities.
Level 3:	Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.

In instances where the determination of the fair value measurement is based upon inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based upon the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

Inventory

Inventory, which includes the ex-factory cost of goods, capitalized warehouse costs and in-bound freight and duty, is valued at the lower of cost (first-in, first-out) or net realizable value, net of inventory obsolescence reserve, and consists of the following (in thousands):



	December 31,
	2018		2019
Raw materials	$	311	$	144
Finished goods	53,569		54,115
	$	53,880	$	54,259

As of December 31, 2018 and 2019, the inventory obsolescence reserve was $12.8 million and $12.9 million, respectively.

Property and equipment

Property and equipment are stated at cost and are being depreciated using the straight-line method over their estimated useful lives as follows:



Office equipment	5 years
Automobiles	5 years
Furniture and fixtures	5 - 7 years
Leasehold improvements	Shorter of length of lease or 10 years

During interim reporting periods, the Company uses the usage method as its depreciation methodology for molds and tools used in the manufacturing of its products, which is more closely correlated to the production of goods as it follows the seasonality of sales. The Company believes that the usage method more accurately matches costs with revenues. From a full-year perspective, the depreciation methodology follows the straight-line method, based on the estimated useful life of molds and tools of three years. Estimated useful lives are periodically reviewed and, where appropriate, changes are made prospectively. The carrying value of property and equipment is reviewed when events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. No impairment charges were recorded for the years ended December 31, 2017, 2018 and 2019.

For the years ended December 31, 2017, 2018 and 2019, the Company’s aggregate depreciation expense related to property and equipment was $13.0 million, $12.2 million and $12.9 million, respectively.

For the years ended December 31, 2017, 2018 and 2019, the Company recorded a loss on disposal of tools and molds of nil, nil, and $1.0 million, respectively, which is included in cost of sales in the consolidated statements of operations.

Other Comprehensive Income (Loss)

Other comprehensive income (loss) includes all changes in equity from non-owner sources. The Company accounts for other comprehensive income in accordance with Accounting Standards Codification (“ASC”) ASC 220, “Comprehensive Income.” All the activity in other comprehensive income (loss) and all amounts in accumulated other comprehensive income (loss) relate to foreign currency translation adjustments.

Advertising

Production costs of commercials and programming are charged to operations in the period during which the production is first aired. The costs of other advertising, promotion and marketing programs are charged to operations in the period incurred. Advertising expense for the years ended December 31, 2017, 2018 and 2019, was approximately $10.8 million, $13.7 million and $13.8 million, respectively. See also Revenue Recognition regarding cooperative advertising arrangements.

Income taxes

The Company does not file a consolidated return with its foreign subsidiaries. The Company files federal and state returns and its foreign subsidiaries file returns in their respective jurisdictions. Deferred taxes are provided on an asset and liability method. Deferred tax assets are recognized as deductible temporary differences, operating losses, or tax credit carry-forwards. Deferred tax liabilities are recognized as taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

The Company recognizes net deferred tax assets to the extent that the Company believes these assets are more likely than not to be realized. In making such a determination, management considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. If management determines that the Company would be able to realize its deferred tax assets in the future in excess of their net recorded amount, management would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes.

The Company records uncertain tax positions on the basis of a two-step process whereby (1) management determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, management recognizes the largest amount of tax benefit that is more than 50% likely to be realized upon ultimate settlement with the related tax authority. The Company recognizes interest and penalties related to unrecognized tax benefits within income tax expense. Any accrued interest and penalties are included within the related tax liability.

Foreign Currency Translation Exposure

The Company’s reporting currency is the U.S. dollar. The translation of its net investment in subsidiaries with non-U.S. dollar functional currencies subjects the Company to currency exchange rate fluctuations in its results of operations and financial position. Assets and liabilities of subsidiaries with non-U.S. dollar functional currencies are translated into U.S. dollars at year-end exchange rates. Income, expense and cash flow items are translated at average exchange rates prevailing during the year. The resulting currency translation adjustments are recorded as a component of accumulated other comprehensive income (loss) within stockholders’ equity. The Company’s primary currency translation exposures in 2017, 2018 and 2019 were related to its net investment in entities having functional currencies denominated in the Hong Kong dollar, British pound, Canadian dollar, Chinese yuan, Mexican peso and the Euro.

Foreign Currency Transaction Exposure

Currency exchange rate fluctuations may impact the Company’s results of operations and cash flows. The Company’s currency transaction exposures include gains and losses realized on unhedged inventory purchases and unhedged receivables and payables balances that are denominated in a currency other than the applicable functional currency. Gains and losses on unhedged inventory purchases and other transactions associated with operating activities are recorded in the components of operating income in the consolidated statement of operations.

Accounting for the impairment of finite-lived tangible and intangible assets

Long-lived assets with finite lives, which include property and equipment and intangible assets other than goodwill, are evaluated for impairment when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable through the estimated undiscounted future cash flows from the use of these assets. When any such impairment exists, the related assets will be written down to fair value. Finite-lived intangible assets often consist of product technology rights, acquired backlog, customer relationships, product lines and license agreements. These intangible assets are amortized over the estimated economic lives of the related assets.

Goodwill and other indefinite-lived intangible assets

Goodwill and indefinite-lived intangible assets are not amortized, but are tested for impairment at least annually at the reporting unit level and asset level, respectively. Losses in value are recorded when material impairment has occurred in the underlying assets or when the benefits of the identified intangible assets are realized. Indefinite-lived intangible assets other than goodwill consist of trademarks.

The carrying value of goodwill and trademarks is based upon cost, which is subject to management’s current assessment of fair value. Management evaluates fair value recoverability using both objective and subjective factors. Objective factors include cash flows and analysis of recent sales and earnings trends. Subjective factors include management’s best estimates of projected future earnings and competitive analysis and the Company’s strategic focus.

Share-based Compensation

The Company measures all employee share-based compensation awards using a fair value method and records such expense in its consolidated financial statements.

Earnings per share

A reconciliation of the amounts used to calculate basic and diluted loss per share for the years ended December 31, 2017, 2018, and 2019 follows (in thousands, except per share data):



	Year Ended December 31,
	2017			2018			2019
Net loss	$	(83,028	)	$	(42,425	)	$	(55,379	)
Net income (loss) attributable to non-controlling interests	57			(57		)	169
Net loss attributable to JAKKS Pacific, Inc.	(83,085		)	(42,368		)	(55,548		)
Preferred stock dividend	—			—			(483		)
Net loss attributable to common stockholders	$	(83,085	)	$	(42,368	)	$	(56,031	)
Weighted average common shares outstanding - basic and diluted	21,341			23,104			25,980
Loss per share available to common stockholders - basic and diluted	$	(3.89	)	$	(1.83	)	$	(2.16	)

Basic earnings per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of warrants, options and convertible debt to the extent they are dilutive). For the years ended December 31, 2017, 2018 and 2019, the convertible senior notes interest and related weighted common share equivalent of 18,272,906, 21,606,816 and 29,074,975, respectively, were excluded from the diluted earnings per share calculation since they would have been anti-dilutive. Potentially dilutive stock options and warrants of 1,062,500, nil and nil for the years ended December 31, 2017, 2018 and 2019, respectively, were excluded from the computation of diluted earnings per share since they would have been anti-dilutive. Potentially dilutive restricted stock and units of 312,663, 1,130,233 and 1,423,500 for each of the years ended December 31, 2017, 2018 and 2019, respectively, were excluded from the computation of diluted earnings per share since they would have been anti-dilutive.

The Company effectively repurchased 3,112,840 shares of its common stock at an average cost of $7.71 per share for an aggregate amount of $24.0 million pursuant to a prepaid forward share repurchase agreement entered into with Merrill Lynch International (“ML”) on June 9, 2014. These repurchased shares were treated as retired for basic and diluted income (loss) per share purposes although they remained legally outstanding. The Company reflected the aggregate purchase price of its common shares repurchased as a reduction to stockholders’ equity allocated to treasury stock. On September 13, 2019, ML returned the shares to the Company. The Company subsequently retired the shares which had no impact to the Company’s stockholder’s equity.

Recent Accounting Pronouncements

In February 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2016-02, “Leases.” ASU 2016-02 establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the statement of operations. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. An entity may choose to use either (1) its effective date or (2) the beginning of the earliest comparative period presented in the financial statements as its date of initial application. If an entity chooses the second option, the transition requirements for existing leases also apply to leases entered into between the date of initial application and the effective date. The entity must also recast its comparative period financial statements and provide the disclosures required by the new standard for the comparative periods. On January 1, 2019, the Company adopted the new standard and uses the effective date as its date of initial application. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. The new standard provides a number of optional practical expedients in transition. The Company elected certain practical expedients, which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company did not elect the use-of-hindsight or the practical expedient pertaining to land easements; the latter not being applicable to the Company.

On adoption, the Company recognized operating lease liabilities of approximately $40.8 million with corresponding ROU assets of $37.6 million based on the present value of the remaining minimum rental payments for existing operating leases. The Company also derecognized deferred rent liabilities of $4.3 million and prepaid rent of $1.1 million upon the recognition of lease liabilities and ROU assets.

In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” which require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The new standard was initially effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. In November 2019, the FASB issued ASU 2019-10 which deferred the effective date of ASU 2016-13 by three years for Smaller Reporting Companies. As a result, the effective date for the standard is fiscal years beginning after December 15, 2022, and interim periods therein, and early adoption is permitted. The Company is currently evaluating the impact of the adoption of ASU 2016-13 on its consolidated financial statements.

In August 2018, the FASB issued ASU 2018-13, “Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement,” which improves the effectiveness of the disclosures required under ASC 820 and modifies the disclosure requirements on fair value measurements, including the consideration of costs and benefits. The new standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, and early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements.

In October 2018, the FASB issued ASU 2018-17, "Consolidation: Targeted Improvements to Related Party Guidance for Variable Interest Entities," which improves the accounting for variable interest entities by considering indirect interests held through related parties under common control for determining whether fees paid to decision makers and service providers are variable interests. This new standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The amendments are required to be applied retrospectively with a cumulative-effect adjustment to retained earnings at the beginning of the earliest period presented. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements.

In December 2019, the FASB issued ASU 2019-12, “Simplifying the Accounting for Income Taxes,” which simplifies the accounting for income taxes related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period, and the recognition of deferred tax assets for investments. The guidance also reduces complexity in certain areas, including the accounting for transactions that result in a step-up in the tax basis of goodwill and allocating taxes to members of a consolidated group. This new standard is effective for the Company for fiscal years beginning January 1, 2021, with early adoption permitted. The Company is currently evaluating the impact that the adoption of this new guidance will have on its consolidated financial statements.

Business Segments, Geographic Data, and Sales by Major Customers

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Business Segments, Geographic Data, and Sales by Major Customers

The Company is a worldwide producer and marketer of children’s toys and other consumer products, principally engaged in the design, development, production, marketing and distribution of its diverse portfolio of products. The Company has aligned its operating segments into three segments that reflect the management and operation of the business. The Company’s segments are (i) U.S. and Canada, (ii) International and (iii) Halloween.

The U.S. and Canada segment includes action figures, vehicles, play sets, plush products, dolls, electronic products, construction toys, infant and pre-school toys, role play and everyday costume play, foot to floor ride-on vehicles, wagons, novelty toys, seasonal and outdoor products, and kids’ indoor and outdoor furniture, and related products.

Within the International segment, the Company markets and sells its toy products in markets outside of the U.S. and Canada, primarily in the European, Asia Pacific, and Latin American regions.

Within the Halloween segment, the Company markets and sells Halloween costumes and accessories and everyday costume play products, primarily in the U.S. and Canada.

Segment performance is measured at the operating income (loss) level. All sales are made to external customers and general corporate expenses have been attributed to the various segments based upon relative sales volumes. Segment assets are primarily comprised of accounts receivable and inventories, net of applicable reserves and allowances, goodwill and other assets. Certain assets which are not tracked by operating segment and/or that benefit multiple operating segments have been allocated on the same basis.

Results are not necessarily those which would be achieved if each segment was an unaffiliated business enterprise. Information by segment and a reconciliation to reported amounts as of December 31, 2018 and 2019 and for the three years in the period ended December 31, 2019 are as follows (in thousands):



	Year Ended December 31,
	2017		2018		2019
Net Sales
U.S. and Canada	$	406,411	$	364,313	$	384,585
International	107,231		101,873		94,453
Halloween	99,469		101,624		119,611
	$	613,111	$	567,810	$	598,649



	Year Ended December 31,
	2017			2018			2019
Loss from Operations
U.S. and Canada	$	(35,720	)	$	(11,693	)	$	(2,121	)
International	(13,184		)	(8,706		)	(6,007		)
Halloween	(15,254		)	(11,774		)	(9,661		)
	$	(64,158	)	$	(32,173	)	$	(17,789	)



	Year Ended December 31,
	2017		2018		2019
Depreciation and Amortization Expense
U.S. and Canada	$	15,286	$	12,553	$	13,130
International	4,079		3,449		3,097
Halloween	1,638		1,079		1,407
	$	21,003	$	17,081	$	17,634



	December 31,
	2018		2019
Assets
U.S. and Canada	$	223,877	$	254,124
International	108,669		102,460
Halloween	10,295		8,638
	$	342,841	$	365,222

Net revenues are categorized based upon location of the customer, while long-lived assets are categorized based upon the location of the Company’s assets. Tools, dies and molds represent a substantial portion of the long-lived assets included in the United States with a net book value of $15.8 million in 2018 and $11.4 million in 2019 and substantially all of these assets are located in China. The following tables present information about the Company by geographic area as of December 31, 2018 and 2019 and for each of the three years in the period ended December 31, 2019 (in thousands):



	December 31,
	2018		2019
Long-lived Assets
China	$	15,825	$	11,461
United States	4,920		3,556
Hong Kong	157		242
	$	20,902	$	15,259



	Year Ended December 31,
	2017		2018		2019
Net Sales by Customer Area
United States	$	479,133	$	439,979	$	481,309
Europe	71,094		69,646		65,557
Canada	21,882		21,923		19,937
Latin America	21,157		17,827		11,415
Asia	6,514		8,504		10,112
Australia and New Zealand	6,503		5,937		7,870
Middle East and Africa	6,828		3,994		2,449
	$	613,111	$	567,810	$	598,649

Major Customers

Net sales to major customers were as follows (in thousands, except for percentages):



	2017				2018				2019
	Amount		Percentage of Net Sales		Amount		Percentage of Net Sales		Amount		Percentage of Net Sales
Wal-Mart	$	156,436	25.5	%	$	143,587	25.3	%	$	177,063	29.6	%
Target	108,799		17.8		122,141		21.5		124,709		20.8
Toys "R" Us	69,508		11.3		*		*		*		*
	$	334,743	54.6	%	$	265,728	46.8	%	$	301,772	50.4	%

* Sales to Toys "R" Us in the applicable periods were less than 10% of total net sales.

No other customer accounted for more than 10% of the Company's total net sales.

As of December 31, 2018 and 2019, the Company’s three largest customers accounted for approximately 61.4% and 56.9%, respectively, of the Company's gross accounts receivable. The concentration of the Company’s business with a relatively small number of customers may expose the Company to material adverse effects if one or more of its large customers were to experience financial difficulty. The Company performs ongoing credit evaluations of its top customers and maintains an allowance for potential credit losses. For the years ended December 31, 2017, 2018 and 2019, the Company recorded bad debt expense (recoveries) of $11.8 million, $9.6 million and ($0.9) million, respectively, primarily due to the bankruptcy and liquidation of Toys "R" Us.

Joint Ventures	12 Months Ended
Joint Ventures	Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]
Joint Ventures	Joint Ventures The Company owns a fifty percent interest in a joint venture (“Pacific Animation Partners”) with the U.S. entertainment subsidiary of a leading Japanese advertising and animation production company. The joint venture was created to develop and produce a boys’ animated television show, which it licensed worldwide for television broadcast as well as consumer products. The Company produced toys based upon the television program under a license from the joint venture which also licensed certain other merchandising rights to third parties. The joint venture completed and delivered 65 episodes of the show, which began airing in February 2012, and has since ceased production of the television show. For the years ended December 31, 2017, 2018 and 2019, the Company recognized income from the joint venture of $16,000, $22,000 and nil, respectively. As of December 31, 2018 and 2019, the balance of the investment in the Pacific Animation Partners joint venture is nil. In September 2012, the Company entered into a joint venture (“DreamPlay Toys”) with NantWorks LLC (“NantWorks”) in which it owns a fifty percent interest. Pursuant to the operating agreement of DreamPlay Toys, the Company paid to NantWorks cash in the amount of $8.0 million and issued NantWorks a warrant to purchase 1.5 million shares of the Company’s common stock at a value of $7.0 million in exchange for the exclusive right to arrange for the provision of the NantWorks recognition technology platform for toy products. The Company had classified these rights as an intangible asset, which was being amortized over the anticipated revenue stream from the exploitation of these rights. However, the Company has abandoned the use of the technology in connection with its toy products and no future sales are anticipated, and the Company recorded an impairment charge to income of $2.9 million to write off the remaining unamortized technology rights during the third quarter of 2017. The Company retains the financial risk of the joint venture and is responsible for the day-to-day operations, which are expected to be nominal in future periods. The results of operations of the joint venture are consolidated with the Company’s results. In addition, in 2012, the Company invested $7.0 million in cash in exchange for a five percent economic interest in a related entity, DreamPlay, LLC, that was expected to monetize the exploitation of the recognition technologies in non-toy consumer product categories. Adoption of the technology has been inadequate to establish a commercially viable market for the technology. NantWorks has the right to repurchase the Company’s interest for $7.0 million, but the Company does not anticipate that NantWorks will do so. As of September 30, 2017, the Company determined the value of this investment will not be realized and that full impairment of the value had occurred. Accordingly, the Company recorded an impairment charge of $7.0 million during the quarter ended September 30, 2017. In November 2014, the Company entered into a joint venture with Meisheng Culture & Creative Corp., for the purpose of providing certain JAKKS licensed and non-licensed toys and consumer products to agreed-upon territories of the People’s Republic of China. The joint venture includes a subsidiary in the Shanghai Free Trade Zone that sells, distributes and markets these products, which include dolls, plush, role play products, action figures, costumes, seasonal items, technology and app-enhanced toys, based on top entertainment licenses and JAKKS’ own proprietary brands. The Company owns fifty-one percent of the joint venture and consolidates the joint venture since control rests with the Company. The non-controlling interest’s share of the income (loss) from the joint venture for the year ended December 31, 2017, 2018 and 2019 was $57,000, ($57,000) and $169,000, respectively. In October 2016, the Company entered into a joint venture with Hong Kong Meisheng Cultural Company Limited (“Meisheng”), a Hong Kong-based subsidiary of Meisheng Culture & Creative Corp., for the purpose of creating and developing original, multiplatform content for children including new short-form series and original shows. JAKKS and Meisheng each own fifty percent of the joint venture and will jointly own the content. JAKKS will retain merchandising rights for kids’ consumer products in all markets except China, which Meisheng Culture & Creative Corp. will oversee through the Company’s existing distribution joint venture. The results of operations of the joint venture are consolidated with the Company’s results. The non-controlling interest’s share of the loss from the joint venture for year ended December 31, 2017, 2018 and 2019 was nil. As of December 31, 2019, Meisheng beneficially owns more than 10% of the Company’s outstanding common stock.

Business Combinations	12 Months Ended
Business Combinations	Dec. 31, 2019
Business Combinations [Abstract]
Business Combinations	Business Combinations In October 2016, the Company acquired the operating assets of C’est Moi with its performance makeup and youth skincare product lines for $0.3 million to further enhance its existing product lines and to continue diversification into other consumer products categories. The Company launched a full line of makeup and skincare products branded under the C’est Moi name in the U.S. to a limited number of retail customers in 2019. The Company’s investment in C’est Moi is included in trademarks in our consolidated financial statements (See Note 7 - Intangible Assets).

Goodwill

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill by reporting unit for the years ended December 31, 2018 and 2019 are as follows (in thousands):



Carrying Amounts, gross	U.S. and Canada			International			Halloween		Total
Balance, January 1, 2018	$	29,857		$	11,580		$	2,235	$	43,672
Adjustments to goodwill for foreign currency translation	(203		)	(98		)	—		(301		)
Balance, December 31, 2018	29,654			11,482			2,235		43,371
Adjustments to goodwill for foreign currency translation	—			—			—		—
Balance, December 31, 2019	$	29,654		$	11,482		$	2,235	$	43,371



Accumulated Impairment Losses	U.S. and Canada			International		Halloween			Total
Balance, January 1, 2018, December 31, 2018, and December 31, 2019	$	(6,053	)	$	—	$	(2,235	)	$	(8,288	)



Carry Amounts, net	U.S. and Canada		International		Halloween		Total
Balance, January 1, 2018	$	23,804	$	11,580	$	—	$	35,384
Balance, December 31, 2018	$	23,601	$	11,482	$	—	$	35,083
Balance, December 31, 2019	$	23,601	$	11,482	$	—	$	35,083

The Company applies a fair value-based impairment test to the carrying value of goodwill and indefinite-lived intangible assets on an annual basis and, on an interim basis, if certain events or circumstances indicate that an impairment loss may have been incurred. Goodwill impairment exists when the estimated fair value of goodwill is less than its carrying value.

Based on the Company’s April 1, 2017 annual assessment, it was determined that the fair values of its reporting units were not less than the carrying amounts. Based on several factors that occurred during the quarter ended September 30, 2017, the Company determined the fair value of its reporting units should be retested for potential impairment. As a result of the retesting performed, a charge of $8.3 million for goodwill impairment was recorded for the year ended December 31, 2017. The valuation process included a combination of a guideline public company method and a discounted cash flow method using Level 3 inputs.

Based on several factors that occurred during the quarter ended March 31, 2018, the Company determined the fair value of its reporting units should be retested for potential impairment. As a result of the retesting performed, no goodwill impairment was determined to have occurred for the three months ended March 31, 2018.

Based on the Company’s April 1, 2018 annual assessment, it was determined that the fair values of its reporting units were not less than the carrying amounts. Also, no goodwill impairment was determined to have occurred for the year ended December 31, 2018.

Based on the Company’s April 1, 2019 annual assessment, it was determined that the fair values of its reporting units were not less than the carrying amounts. Also, no goodwill impairment was determined to have occurred for the year ended December 31, 2019.

The U.S. and Canada reporting unit had a negative carrying value of net asset as of December 31, 2019.

Intangible Assets Other Than Goodwill

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Other Than Goodwill

Intangible assets other than goodwill consist primarily of licenses, product lines, customer relationships and trademarks. Amortized intangible assets are included in intangibles in the accompanying consolidated balance sheets. Trademarks are disclosed separately in the accompanying consolidated balance sheets. Intangible assets are as follows (in thousands, except for weighted useful lives):



		December 31, 2018							December 31, 2019
	Weighted Useful Lives	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
	(Years)
Amortized Intangible Assets:
Licenses	5.81	$	20,130	$	(19,383	)	$	747	$	20,130	$	(19,988	)	$	142
Product lines	10.36	33,858		(17,293		)	16,565		4,846		(1,800		)	3,046
Customer relationships	4.90	3,152		(3,152		)	—		3,152		(3,152		)	—
Trade names	5.00	3,000		(3,000		)	—		3,000		(3,000		)	—
Non-compete agreements	5.00	200		(200		)	—		200		(200		)	—
Total amortized intangible assets		$	60,340	$	(43,028	)	$	17,312	$	31,328	$	(28,140	)	$	3,188
Unamortized Intangible Assets:
Trademarks		$	300	$	—		$	300	$	300	$	—		$	300

In 2017, the Company recorded impairment charges of $2.9 million to write off the remaining unamortized technology rights related to DreamPlay, LLC which were included in product lines, and $2.3 million to write down several underutilized trademarks and trade names that were determined to have no value.

In 2019, the Company assessed the recoverability of the Maui product lines and determined that the fair value was less than its carrying amount. As a result, the Company recorded an impairment charge of $9.4 million. The fair value determination is categorized as Level 3 in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs.

For the years ended December 31, 2017, 2018 and 2019, the Company’s aggregate amortization expense related to intangible assets was $8.0 million, $4.9 million and $4.7 million, respectively. The Company currently estimates continuing future amortization expense to be approximately (in thousands):



2020	$	1,158
2021	1,015
2022	1,015
	$	3,188

Concentration of Credit Risk	12 Months Ended
Concentration of Credit Risk	Dec. 31, 2019
Risks and Uncertainties [Abstract]
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that subject the Company to concentration of credit risk are cash and cash equivalents and accounts receivable. Cash equivalents consist principally of short-term money market funds. These instruments are short-term in nature and bear minimal risk. The Company performs ongoing credit evaluations of its customers’ financial conditions, but does not require collateral to support domestic customer accounts receivable. For goods shipped FOB Hong Kong or China, the Company may require irrevocable letters of credit from the customer or purchase various forms of credit insurance.

Accrued Expenses

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Accrued Expenses

Accrued expenses consist of the following (in thousands):



	December 31,
	2018		2019
Royalties	$	10,245	$	14,061
Inventory liabilities	7,084		7,954
Interest expense	878		4,535
Salaries and employee benefits	2,891		3,017
Professional fees	1,671		2,115
Goods in transit	1,072		1,664
Unclaimed property liability	—		1,200
Sales commissions	398		669
Bonuses	1,152		570
Unearned revenue	561		557
Other	3,962		3,173
	$	29,914	$	39,515

In addition to royalties currently payable on the sale of licensed products during the year, the Company records a liability as accrued royalties for the estimated shortfall in achieving minimum royalty guarantees pursuant to certain license agreements (see Note 17 - Commitments).

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions A former director of the Company, who resigned on August 9, 2019 is a partner in a law firm that acts as counsel to the Company. The Company incurred legal fees and expenses to the law firm in the amount of approximately $2.2 million in 2017, $1.3 million in 2018 and $1.5 million in 2019. As of December 31, 2018 and 2019, legal fees and reimbursable expenses of $0.2 million and $0.1 million, respectively, were payable to this law firm. The owner of NantWorks, the Company’s DreamPlay Toys joint venture partner, beneficially owned more than 5.0% of the Company’s outstanding common stock. Pursuant to the joint venture agreements, the Company is obligated to pay NantWorks a preferred return on joint venture sales. This agreement expired on September 30, 2018. All of the Company's shares beneficially owned by the owner of NantWorks were sold on December 30, 2019. For the years ended December 31, 2017, 2018 and 2019, preferred returns earned and payable to NantWorks were nil. Pursuant to the amended Toy Services Agreement, NantWorks is entitled to receive a renewal fee in the amount $1.2 million payable in installments of $0.8 million paid on the effective date of the renewal in 2015 and $0.2 million on or before each of August 1, 2016 and 2017. As of December 31, 2018 and 2019, the Company's receivable balance from NantWorks was nil. In addition, the Company previously leased office space from NantWorks. Rent expense, including common area maintenance and parking, for the years ended December 31, 2017, 2018 and 2019 was nil. In November 2014, the Company entered into a joint venture with Meisheng Cultural & Creative Corp., Ltd., for the purpose of providing certain JAKKS licensed and non-licensed toys and consumer products to agreed-upon territories of the People’s Republic of China. The joint venture includes a subsidiary in the Shanghai Free Trade Zone that sells, distributes and markets these products, which include dolls, plush, role play products, action figures, costumes, seasonal items, technology and app-enhanced toys, based on top entertainment licenses and JAKKS’ own proprietary brands. The Company owns fifty-one percent of the joint venture and consolidates the joint venture since control rests with the Company. The non-controlling interest’s share of the income (loss) from the joint venture for the years ended 2017, 2018 and 2019 was $57,000, ($57,000) and $169,000, respectively. In October 2016, the Company entered into a joint venture with Hong Kong Meisheng Cultural Company Limited (“Meisheng”), a Hong Kong-based subsidiary of Meisheng Culture & Creative Corp, for the purpose of creating and developing original, multiplatform content for children including new short-form series and original shows. JAKKS and Meisheng each own fifty percent of the joint venture and will jointly own the content. JAKKS will retain merchandising rights for kids’ consumer products in all markets except China, which Meisheng Culture & Creative Corp. will oversee through the Company’s existing distribution joint venture. The non-controlling interest’s share of the loss from the joint venture for the year ended December 31, 2017, 2018, and 2019 was nil. As of December 31, 2019, Meisheng beneficially owns more than 10% of the Company’s outstanding common stock. In March 2017, the Company entered into an agreement to issue 3,660,891 shares of its common stock at an aggregate price of $19.3 million to a Hong Kong affiliate of its China joint venture partner. After their shareholder and China regulatory approval, the transaction closed on April 27, 2017. Upon the closing, the Company added a representative of Meisheng Culture & Creative Corp as a non-employee director and issued 13,319 shares of restricted stock at a value of $0.1 million, which vested in January 2018. In 2018, the Company issued 41,580 shares of restricted stock at a value of $0.1 million to the non-employee director, which vested in January 2019. In 2019, the Company issued 54,705 shares of restricted stock at a value of $0.1 million to the non-employee director, which vested in January 2020. Meisheng also serves as a significant manufacturer of the Company. In the first quarter of 2019, Meisheng acquired New Time Group, which was a third-party manufacturer of the Company. For the years ended December 31, 2018 and 2019, the Company made inventory-related payments to Meisheng of approximately $36.2 million and $94.3 million, respectively. As of December 31, 2018 and 2019, amounts due Meisheng for inventory received by the Company, but not paid totaled $3.6 million and $18.1 million, respectively. A director of the Company is a portfolio manager at Oasis Management. In August 2017, the Company agreed with Oasis Management and Oasis Investments II Master Fund Ltd., the holder of approximately $21.6 million face amount of its 4.25% convertible senior notes due in 2018, to exchange and extend the maturity date of these notes to November 1, 2020. The transaction closed on November 7, 2017. In July 2018, the Company closed a transaction with Oasis Management and Oasis Investments II Master Fund Ltd., to exchange $8.0 million face amount of the 4.25% convertible senior notes due in August 2018 with convertible senior notes similar to those issued in November 2017. In August 2019, the Company entered into the Recapitalization Transaction. In connection with the Recapitalization Transaction, the Company issued (i) amended and restated notes with respect to the $21.6 million Oasis Note issued on November 7, 2017, and the $8.0 million Oasis Note issued on July 26, 2018, and (ii) a new $8.0 million convertible senior note having the same terms as such amended and restated notes. Interest on the New Oasis Notes is payable on each May 1 and November 1 until maturity and accrues at an annual rate of (i) 3.25% if paid in cash or 5.00% if paid in stock plus (ii) 2.75% payable in kind. The New Oasis Notes mature 91 days after the amounts outstanding under the New Term Loan are paid in full, and in no event later than July 3, 2023. A director of the Company is a director at Benefit Street Partners. Benefit Street Partners funded $25.8 million of the New Term Loan issued in connection with the Recapitalization Transaction (See Note 10 - Debt). Amounts outstanding under the New Term Loan accrue interest at 10.50% per annum, payable semi-annually (with 8% per annum payable in cash and 2.5% per annum payable in kind). The New Term Loan matures on February 9, 2023. A director of the Company is the managing Partner and portfolio manager at Axar Capital Management. Axar Capital Management funded $26.3 million of the New Term Loan issued in connection with the Recapitalization Transaction (See Note 10 - Debt). Amounts outstanding under the New Term Loan accrue interest at 10.50% per annum, payable semi-annually (with 8% per annum payable in cash and 2.5% per annum payable in kind). The New Term Loan matures on February 9, 2023.

Credit Facility

12 Months Ended

Dec. 31, 2019

Text Block [Abstract]

Credit Facility

Credit Facilities

Credit facilities consist of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal Amount		Debt Issuance Costs		Net Amount		Principal Amount		Debt Issuance Costs		Net Amount
Wells Fargo credit facility	$	7,500	$	—	$	7,500	$	—	$	—	$	—
Great American Capital Partners term loan	20,000		289		19,711		—		—		—
Total credit facilities, net of debt issuance costs	$	27,500	$	289	$	27,211	$	—	$	—	$	—

Wells Fargo

In March 2014, the Company and its domestic subsidiaries entered into a secured credit facility with General Electric Capital Corporation (“GECC”). The credit facility, as amended and subsequently assigned to Wells Fargo Bank, N.A. (“Wells Fargo”) pursuant to its acquisition of GECC, provides for a $75.0 million revolving credit facility subject to availability based on prescribed advance rates on certain domestic accounts receivable and inventory amounts used to compute the borrowing base (the “Credit Facility”). The Credit Facility includes a sub-limit of up to $35.0 million for the issuance of letters of credit. The amounts outstanding under the Credit Facility, as amended, were payable in full upon maturity of the facility on September 27, 2019, except that the Credit Facility would mature on June 15, 2018 if the Company did not refinance or extend the maturity of the convertible senior notes that mature in 2018, provided that any such refinancing or extension shall have a maturity date that is no sooner than six months after the stated maturity of the Credit Facility (i.e., on or about September 27, 2019). On June 14, 2018, the Company entered into a Term Loan Agreement with Great American Capital Partners to provide the necessary capital to refinance the 2018 convertible senior notes (see additional details regarding the Term Loan Agreement below). In addition, on June 14, 2018, the Company revised certain of the Credit Facility documents (and entered into new ones) so that certain of its Hong Kong based subsidiaries became additional parties to the Credit Facility. As a result, the receivables of these subsidiaries can now be included in the borrowing base computation, subject to certain limitations, thereby effectively increasing the amount of funds the Company can borrow under the Credit Facility. Any additional borrowings under the Credit Facility will be used for general working capital purposes. In August 2019, in connection with the Recapitalization Transaction (See Note 10 - Debt), the Company entered into an amended and extended revolving credit facility with Wells Fargo (the “Amended ABL Credit Agreement”). The Amended ABL Credit Agreement, or Amended ABL facility, amends and restates the Company’s existing Credit Facility, dated as of March 27, 2014, as amended, with GECC and subsequently assigned to Wells Fargo, to, among other things, decrease the borrowing capacity from $75.0 million to $60.0 million and extend the maturity to August 9, 2022.

The obligations under the Amended ABL Credit Agreement are guaranteed by the Company, the subsidiary borrowers thereunder and certain of the other existing and future direct and indirect subsidiaries of the Company and are secured by substantially all of the assets of the Company, the subsidiary borrowers thereunder and such other subsidiary guarantors, in each case, subject to certain exceptions and permitted liens. As of December 31, 2018, the amount of outstanding borrowings under the previous Credit Facility was $7.5 million, outstanding stand-by letters of credit totaled $12.8 million and the total excess borrowing capacity was $40.7 million. As of December 31, 2019, the amount of outstanding borrowings was nil, the amount of outstanding stand-by letters of credit totaled $9.2 million and the total excess borrowing capacity was $41.8 million.

The Amended ABL Credit Agreement contains negative covenants that, subject to certain exceptions, limit the ability of the Company and its subsidiaries to, among other things, incur additional indebtedness, make restricted payments, pledge their assets as security, make investments, loans, advances, guarantees and acquisitions, undergo fundamental changes and enter into transactions with affiliates. The Company is also required to maintain a fixed charge coverage ratio of not less than 1.1 to 1.0 under certain circumstances, and a minimum liquidity of $25.0 million and a minimum availability of at least $9.0 million. As of December 31, 2018 and December 31, 2019, the Company was in compliance with the financial covenants under the Amended ABL Facility and the previous Credit Facility, as applicable.

Any amounts borrowed under the Amended ABL Facility accrue interest, at either (i) LIBOR plus 1.50%-2.00% (determined by reference to a fixed charge coverage ratio-based pricing grid) or (ii) base rate plus 0.50%-1.00% (determined by reference to a fixed charge coverage ratio-based pricing grid). As of December 31, 2018 and December 31, 2019, the weighted average interest rate on the credit facilities with Wells Fargo was approximately 5.53% and 4.53%, respectively.

The Amended ABL Facility also contains customary events of default, including a cross default provision and a change of control provision. In the event of a default, all of the obligations of the Company and its subsidiaries under the Amended ABL Facility may be declared immediately due and payable. For certain events of default relating to insolvency, all outstanding obligations become due and payable.

As of December 31, 2019, off-balance sheet arrangements include letters of credit issued by Wells Fargo of $9.2 million.

Great American Capital Partners

On June 14, 2018, the Company entered into a Term Loan Agreement, Term Note, Guaranty and Security Agreement and other ancillary documents and agreements (the “Term Loan”) with Great American Capital Partners Finance Co., LLC (“GACP”), for itself as a Lender (as defined below) and as the Agent (in such capacity, “Agent”) for the Lenders from time to time party to the Term Loan (collectively, “Lenders”) and the other “Secured Parties” under and as defined therein, with respect to the issuance to the Company by Lenders of a $20.0 million term loan. To secure the Company’s obligations under the Term Loan, the Company granted to Agent, for the benefit of the Secured Parties, a security interest in a substantial amount of the Company’s consolidated assets and a pledge of the majority of the capital stock of various of its subsidiaries. The Term Loan was a secured obligation, second only to the Credit Facility with Wells Fargo, except with respect to certain of the Company’s inventory in which GACP has a priority secured position.

The Term Loan required the repayment of principal in the amount of 10% of the outstanding Term Loan per year (payable monthly) beginning after the first anniversary. All then-outstanding borrowings under the Term Loan would be due, and the Term Loan would terminate, no later than June 14, 2021, unless sooner terminated in accordance with its terms, which included the date of termination of the Wells Fargo Credit Facility and the date that is 91 days prior to the maturity of the Company’s various convertible senior notes due in 2020 (See Note 10 - Debt). The Company was permitted to prepay the Term Loan, which would have required a prepayment fee (i) in year one of up to any unearned and unpaid interest that would have become due and payable in year one had the prepayment not occurred plus 2% of the initial amount of the Term Loan (i.e., $20.0 million), (ii) in year two of 2% of the initial amount of the Term Loan and (iii) in year three of 1% of the initial amount of the Term Loan.

In August 2019, in connection with the Recapitalization Transaction (See Note 10 - Debt), the Company repaid in full and terminated the Term Loan Agreement. As of December 31, 2018 and December 31, 2019, the amount outstanding under the Term Loan was $20.0 million and nil, respectively. Borrowings under the Term Loan accrued interest at LIBOR plus 9.00% per annum. As of December 31, 2018 and December 31, 2019, the weighted average interest rate on the Term Loan was approximately 11.1% and 11.5%, respectively. In connection with this transaction, the Company recognized a loss on extinguishment of the debt of approximately $0.4 million.

Amortization expense classified as interest expense related to the $1.3 million of debt issuance costs associated with the transactions that closed on June 14, 2018 (i.e., the amendment of the Wells Fargo Credit Facility and the GACP Term Loan) and $1.1 million of debt issuance costs associated with the transaction that closed on August 9, 2019 (i.e., Amended ABL Facility) was $0.9 million and $0.6 million for the year ended December 31, 2018 and 2019, respectively.

Debt

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Debt

Convertible senior notes

Convertible senior notes consist of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal/ Fair Value Amount		Debt Issuance Costs		Net Amount		Principal/ Fair Value Amount		Debt Issuance Costs		Net Amount
4.875% convertible senior notes due 2020	$	113,000	$	1,182	$	111,818	$	1,905	$	—	$	1,905
3.25% convertible senior notes due 2020 *	27,974		—		27,974		—		—		—
3.25% convertible senior notes due 2023 **	—		—		—		50,753		—		50,753
Total convertible senior notes	$	140,974	$	1,182	$	139,792	$	52,658	$	—	$	52,658

* The amounts presented for the 3.25% convertible senior notes due 2020 within the table represent the fair value as of December 31, 2018 (see Note 16 - Fair Value Measurements). The notes were extinguished on August 9, 2019 in connection with the Recapitalization Transaction (defined below). The principal amount of these notes was $29.6 million and nil as of December 31, 2018 and 2019, respectively.

** The amounts presented for the 3.25% convertible senior notes due 2023 within the table represent the fair value as of December 31, 2018 and December 31, 2019 (see Note 16 - Fair Value Measurements). The principal amount of these notes totaled nil and $37.6 million as of December 31, 2018 and 2019, respectively. Also, the amount presented excludes accrued, but unpaid, payment-in-kind interest of $0.4 million as of December 31, 2019.

In July 2013, the Company sold an aggregate of $100.0 million principal amount of 4.25% convertible senior notes due 2018 (the “2018 Notes”). The 2018 Notes, which were senior unsecured obligations of the Company, paid interest semi-annually in arrears on August 1 and February 1 of each year at a rate of 4.25% per annum and matured on August 1, 2018. The initial conversion rate for the 2018 Notes was 114.3674 shares of the Company’s common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $8.74 per share of common stock, subject to adjustment in certain events. In 2016, the Company repurchased and retired an aggregate of approximately $6.1 million principal amount of the 2018 Notes. In addition, approximately $0.1 million of the unamortized debt issuance costs were written off and a nominal gain was recognized in conjunction with the retirement of the 2018 Notes. During the first quarter of 2017, the Company exchanged and retired $39.1 million principal amount of the 2018 Notes at par for $24.1 million in cash and approximately 2.9 million shares of its common stock. During the second quarter of 2017, the Company exchanged and retired $12.0 million principal amount of the 2018 Notes at par for $11.6 million in cash and 112,400 shares of its common stock, and approximately $0.1 million of the unamortized debt issuance costs were written off and a $0.1 million gain was recognized in conjunction with the exchange and retirement of the 2018 Notes.

In August 2017, the Company agreed with Oasis Management and Oasis Investments II Master Fund Ltd., (collectively, “Oasis”) the holder of approximately $21.6 million face amount of its 2018 Notes, to extend the maturity date of these notes to November 1, 2020. In addition, the interest rate was reduced to 3.25% per annum and the conversion rate was increased to 328.0302 shares of the Company’s common stock per $1,000 principal amount of notes, among other things. After execution of a definitive agreement for the modification and final approval by the other members of the Company’s Board of Directors and Oasis’ Investment Committee, the transaction closed on November 7, 2017. In connection with this transaction, the Company recognized a loss on extinguishment of the debt of approximately $0.6 million. On July 26, 2018, the Company closed a transaction with Oasis to exchange $8.0 million face amount of the 2018 Notes with convertible senior notes similar to those issued to Oasis in November 2017. The July 26, 2018 $8.0 million Oasis notes mature on November 1, 2020, accrue interest at an annual rate of 3.25% and are convertible into shares of the Company’s common stock at an initial rate of 322.2688 shares per $1,000 principal amount of the new notes. In connection with this transaction, the Company recognized a loss on extinguishment of the debt of approximately $0.5 million. The conversion price for the 3.25% convertible senior notes due 2020 was reset on November 1, 2018 and November 1, 2019 (each, a “reset date”) to a price equal to 105% above the 5-day Volume Weighted Average Price ("VWAP") preceding the reset date; provided, however, among other reset restrictions, that if the conversion price resulting from such reset is lower than 90 percent of the average VWAP during the 90 calendar days preceding the reset date, then the reset price shall be the 30-day VWAP preceding the reset date. The conversion price of the 3.25% convertible senior notes due 2020 reset on November 1, 2018 to $2.54 per share and the conversion rate was increased to 393.7008 shares of the Company's common stock per $1,000 principal amount of notes.

The remaining $13.2 million of 2018 Notes were redeemed at par at maturity on August 1, 2018.

In August 2019, the Company entered into and consummated multiple, binding definitive agreements (collectively, the “Recapitalization Transaction”) among Wells Fargo Bank, National Association, Oasis Investments II Master Fund Ltd. and an ad hoc group of holders of the 4.875% convertible senior notes due 2020 ( the "Investor Parties") to recapitalize the Company’s balance sheet, including the extension to the Company of incremental liquidity and at least three-year extensions of substantially all of the Company’s outstanding convertible debt obligations and revolving credit facility. The Company’s term loan agreement entered into with Great American Capital Partners was paid in full and terminated in connection with the Recapitalization Transaction.

In connection with the Recapitalization Transaction, the Company issued (i) amended and restated notes with respect to the $21.6 million Oasis Note issued on November 7, 2017, and the $8.0 million Oasis Note issued on July 26, 2018 (together, the “Existing Oasis Notes”), and (ii) a new $8.0 million convertible senior note having the same terms as such amended and restated notes (the "New $8.0 million Oasis Note" and collectively, the “New Oasis Notes” or the "3.25% convertible senior notes due 2023"). Interest on the New Oasis Notes is payable on each May 1 and November 1 until maturity and accrues at an annual rate of (i) 3.25% if paid in cash or 5.00% if paid in stock plus (ii) 2.75% payable in kind. The New Oasis Notes mature 91 days after the amounts outstanding under the New Term Loan are paid in full, and in no event later than July 3, 2023.

The New Oasis Notes provide, among other things, that the initial conversion price is $1.00. The conversion price will be reset on each February 9 and August 9, starting on February 9, 2020 (each, a “reset date”) to a price equal to 105% of the 5-day VWAP preceding the applicable reset date. Under no circumstances shall the reset result in a conversion price be below the greater of (i) the closing price on the trading day immediately preceding the applicable reset date and (ii) 30% of the stock price as of the Transaction Agreement Date, or August 7, 2019, and will not be greater than the conversion price in effect immediately before such reset. The Company may trigger a mandatory conversion of the New Oasis Notes if the market price exceeds 150% of the conversion price under certain circumstances. The Company may redeem the New Oasis Notes in cash if a person, entity or group acquires shares of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), and as a result owns at least 49% of the Company’s issued and outstanding Common Stock. In connection with the issuance of the New Oasis Notes, the Company recognized a loss on extinguishment of the Existing Oasis Notes of approximately $10.4 million. The conversion price of the new Oasis Notes reset on February 9, 2020 to $1.00 per share.

The Company has elected to measure and present the debt held by Oasis at fair value using Level 3 inputs and as a result, recognized a gain (loss) of ($0.3) million, $2.9 million and ($2.5) million for the year ended December 31, 2017, 2018, and 2019, respectively, related to changes in the fair value of the 3.25% convertible senior notes due 2020. The Company also recognized a loss of $2.6 million for the year ended December 31, 2019 related to changes in the fair value of the 3.25% convertible senior note due 2023.

The Company evaluated its credit risk as of December 31, 2019, and determined that there was no change from December 31, 2018.

In June 2014, the Company sold an aggregate of $115.0 million principal amount of 4.875% convertible senior notes due 2020 (the “2020 Notes”). The 2020 Notes are senior unsecured obligations of the Company paying interest semi-annually in arrears on June 1 and December 1 of each year at a rate of 4.875% per annum and will mature on June 1, 2020. The initial and still current conversion rate for the 2020 Notes is 103.7613 shares of the Company’s common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $9.64 per share of common stock, subject to adjustment in certain events. Upon conversion, the 2020 Notes will be settled in shares of the Company’s common stock. Holders of the 2020 Notes may require that the Company repurchase for cash all or some of their notes upon the occurrence of a fundamental change (as defined in the 2020 Notes). In January 2016, the Company repurchased and retired an aggregate of $2.0 million principal amount of the 2020 Notes. In addition, approximately $0.1 million of the unamortized debt issuance costs were written off and a $0.1 million gain was recognized in conjunction with the retirement of the 2020 Notes.

In connection with the Recapitalization Transaction, 2020 Notes outstanding with a face amount of $111.1 million of the total $113.0 million that were outstanding at the time of the Recapitalization Transaction were refinanced and the maturity dates effectively extended. Of the refinanced amount, $103.8 million was refinanced with the Investor Parties through the issuance of the New Common Equity (as defined below), the New Preferred Equity (as defined below) (see Note 15 - Common Stock and Preferred Stock) and new secured term debt that matures in February 2023 (see Term Loan section below). Additionally, $1.0 million of accrued interest was refinanced with the Investor Parties. The remaining refinanced amount of $7.3 million was exchanged into the New $8.0 million Oasis Note discussed above. In connection with the issuance of the new secured term loan, as well as the New Common Equity and the New Preferred Equity, the Company recognized a loss on extinguishment of the 2020 Notes refinanced with the Investor Parties of approximately $2.4 million, and wrote off $0.7 million of unamortized debt issuance costs related to the 2020 Notes. The remaining $1.9 million principal amount of 2020 Notes are due and payable on June 1, 2020.

The Company classified the remaining $1.9 million of the 2020 Notes, which are due June 2020, as current liabilities on the Consolidated Balance Sheet.

The fair value of the 4.875% convertible senior notes due 2020 as of December 31, 2018 and 2019 was $93.2 million (principal amount $113.0 million) and $1.7 million (principal amount $1.9 million), respectively, based upon the most recent quoted market prices. The fair values of the convertible senior notes are considered to be Level 3 measurements on the fair value hierarchy.

Key components of the 4.25% convertible senior notes due 2018 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	2,184	$	373	$	—
Amortization of debt issuance costs recognized as interest expense	844		103		—
	$	3,028	$	476	$	—

Key components of the 4.875% convertible senior notes due 2020 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	5,509	$	5,509	$	3,370
Amortization of debt issuance costs recognized as interest expense	789		789		460
	$	6,298	$	6,298	$	3,830

Key components of the 3.25% convertible senior notes due 2020 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	103	$	815	$	580
Amortization of debt issuance costs recognized as interest expense	—		—		—
	$	103	$	815	$	580

Key components of the 3.25% convertible senior notes due 2023 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	—	$	—	$	899
Amortization of debt issuance costs recognized as interest expense	—		—		—
	$	—	$	—	$	899

Term Loan

Term loan consists of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal Amount**		Debt Discount/ Issuance Costs*		Net Amount		Principal Amount**		Debt Discount/ Issuance Costs*			Net Amount
Term Loan	$	—	$	—	$	—	$	134,801	$	(12,319	)	$	122,482

* The term loan was valued using the discounted cash flow method to determine the implied debt discount. The debt discount and issuance costs are being amortized over the life of the term loan.

** The amount presented excludes accrued, but unpaid, payment-in-kind interest of $1.3 million as of December 31, 2019.

In August 2019, in connection with the Recapitalization Transaction, the Company entered into a First Lien Term Loan Facility Credit Agreement (the “New Term Loan Agreement”), with certain of the Investor Parties, and Cortland Capital Market Services LLC, as agent, for a $134.8 million first-lien secured term loan (the “New Term Loan”). The Company also issued common stock and preferred stock (see Note 15 - Common Stock and Preferred Stock) to the Investor Parties.

Amounts outstanding under the New Term Loan accrue interest at 10.50% per annum, payable semi-annually (with 8% per annum payable in cash and 2.5% per annum payable in kind). The New Term Loan matures on February 9, 2023.

The New Term Loan Agreement contains negative covenants that, subject to certain exceptions, limit the ability of the Company and its subsidiaries to, among other things, incur additional indebtedness, make restricted payments, pledge their assets as security, make investments, loans, advances, guarantees and acquisitions, undergo fundamental changes and enter into transactions with affiliates. Commencing with the fiscal quarter ending September 30, 2020, the Company is also required to maintain a minimum EBITDA of not less than $34.0 million and a minimum liquidity of not less than $10.0 million.

The New Term Loan Agreement contains events of default that are customary for a facility of this nature, including nonpayment of principal, nonpayment of interest, fees or other amounts, material inaccuracy of representations and warranties, violation of covenants, cross-default to other material indebtedness, bankruptcy or insolvency events, material judgment defaults and a change of control as specified in the New Term Loan Agreement. If an event of default occurs, the maturity of the amounts owed under the New Term Loan Agreement may be accelerated.

The obligations under the New Term Loan Agreement are guaranteed by the Company, the subsidiary borrowers thereunder and certain of the other existing and future direct and indirect subsidiaries of the Company and are secured by substantially all of the assets of the Company, the subsidiary borrowers thereunder and such other subsidiary guarantors, in each case, subject to certain exceptions and permitted liens.

Amortization expense classified as interest expense related to the $3.8 million of debt issuance costs associated with the issuance of the New Term Loan was $0.4 million for the year ended December 31, 2019.

Amortization expense classified as interest expense related to the $10.1 million debt discount associated with the issuance of the New Term Loan was $1.1 million for the year ended December 31, 2019.

Income Taxes

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Income Taxes

The Company does not file a consolidated return with its foreign subsidiaries. The Company files federal and state returns and its foreign subsidiaries file returns in their respective jurisdiction.

For the years ended 2017, 2018 and 2019, the provision for income taxes, which included federal, state and foreign income taxes, was an expense of $1.6 million, $3.0 million, and $1.9 million, respectively, reflecting effective tax provision rates of (2.0%), (7.5%), and (3.6%), respectively.

For the years ended 2017 and 2018, provision for income taxes includes federal, state and foreign income taxes at effective tax rates of (2.0%) and (7.5%). Exclusive of discrete items, the effective tax provision rate would be (2.8%) in 2017 and (9.6%) in 2018.

The 2019 tax expense of $1.9 million included a discrete tax expense of $0.2 million primarily comprised of return to provision and uncertain tax position adjustments. Absent these discrete tax expenses, the Company’s effective tax rate for 2019 was (3.1%), primarily due to state taxes and taxes on foreign income.

As of December 31, 2018 and 2019, the Company had net deferred tax liabilities of approximately $1.0 million and $14,000, respectively, primarily related to foreign jurisdictions.

Provision for income taxes reflected in the accompanying consolidated statements of operations are comprised of the following (in thousands):



	Year ended December 31,
	2017			2018			2019
Federal	$	550		$	(1,475	)	$	(212	)
State and local	51			62			66
Foreign	2,256			4,154			3,037
Total Current	2,857			2,741			2,891
Deferred	(1,251		)	210			(979		)
Total	$	1,606		$	2,951		$	1,912

The components of deferred tax assets/(liabilities) are as follows (in thousands):



	December 31,
	2018				2019
Net deferred tax assets/(liabilities):
Reserve for sales allowances and possible losses	$	478			$	686
Accrued expenses	938				2,381
Prepaid royalties	2,659				6,224
Accrued royalties	5,973				2,314
Inventory	10,751				10,309
State income taxes	19				17
Property and equipment	2,635				1,952
Goodwill and intangibles	11,542				9,185
Share-based compensation	773				894
Undistributed foreign earnings	(2,121		)		(1,970		)
Interest limitation	2,210				3,539
Operating lease right-of-use assets	—				(7,422		)
Operating lease liabilities	—				8,195
Federal and state net operating loss carryforwards	46,759				53,845
Credit carryforwards	1,121				909
Other	(633		)		1,706
Gross	83,104				92,764
Valuation allowance	(84,097		)		(92,778		)
Total net deferred tax liabilities	$	(993	)	*	$	(14	)	*

*As of December 31, 2018, a deferred tax asset of $438 was reported as other long term assets in the consolidated balance sheets and $1,431 was reported as a deferred income tax liability, net in the consolidated balance sheets. As of December 31, 2019, a deferred tax asset of $212 was reported as other long term assets in the consolidated balance sheets and $226 was reported as a deferred income tax liability, net in the consolidated balance sheets.

Provision for income taxes varies from the U.S. federal statutory rate. The following reconciliation shows the significant differences in the tax at statutory and effective rates:



	Year ended December 31,
	2017		2018		2019
Federal income tax expense	35.0	%	21.0	%	21.0	%
State income tax expense, net of federal tax effect	5.0		9.7		6.1
Effect of differences in U.S. and foreign statutory rates	1.9		2.0		0.6
Uncertain tax positions	—		(0.8	)	(0.3	)
Provision to return	(0.7	)	(40.6	)	(1.6	)
Non-deductible expenses	(48.0	)	(16.9	)	(13.0	)
Other	(0.2	)	(0.6	)	(0.4	)
Foreign tax credit	20.3		—		—
Undistributed foreign earnings	57.3		4.5		0.2
Effect of change in federal statutory rate	(23.0	)	—		—
Valuation allowance	(49.6	)	14.2		(16.2	)
	(2.0	)%	(7.5	)%	(3.6	)%

Deferred taxes result from temporary differences between tax basis of assets and liabilities and their reported amounts in the consolidated financial statements. The temporary differences result from costs required to be capitalized for tax purposes by the U.S. Internal Revenue Code (“IRC”), and certain items accrued for financial reporting purposes in the year incurred but not deductible for tax purposes until paid. The Company has established a valuation allowance on net deferred tax assets in the United States since, in the opinion of management, it is more likely than not that the U.S. net deferred tax assets will not be realized.

The components of income (loss) before provision for income taxes are as follows (in thousands):



	Year ended December 31,
	2017			2018			2019
Domestic	$	(85,288	)	$	(58,693	)	$	(61,798	)
Foreign	3,866			19,219			8,331
	$	(81,422	)	$	(39,474	)	$	(53,467	)

The Company uses a recognition threshold and measurement process for recording in the consolidated financial statements uncertain tax positions (“UTP”) taken or expected to be taken in a tax return.

During 2018, approximately $0.6 million of additional UTP was recognized, and approximately $0.4 million of the liability for UTP was de-recognized. Approximately $0.1 million of additional UTP related to foreign withholding taxes was recognized in 2019.

Current interest on uncertain income tax liabilities is recognized as a component of the income tax provision recognized in the consolidated statements of operations. During 2017, the Company did not recognize any current year interest expense relating to UTPs. During 2018, the Company recognized $0.1 million of current interest expense relating to UTPs. During 2019, the Company recognized an additional $40,000 of current interest expense relating to UTPs.

The following table provides further information of UTPs that would affect the effective tax rate, if recognized, as of December 31, 2019 (in millions):



Balance, December 31, 2016	$	2.3
Current year additions	0.1
Current year reduction due to lapse of applicable statute of limitations	(1.1		)
Balance, December 31, 2017	1.3
Current year additions	0.6
Current year reduction due to audit settlement	(0.4		)
Balance, December 31, 2018	1.5
Current year additions	0.1
Balance, December 31, 2019	$	1.6

The Company does not expect the gross unrecognized tax benefits to significantly change within the next 12 months.

Tax years 2016 through 2018 remain subject to examination in the United States. The tax years 2015 through 2018 are generally still subject to examination in the various states. The tax years 2013 through 2018 are still subject to examination in Hong Kong. In the normal course of business, the Company is audited by federal, state and foreign tax authorities.

Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets by jurisdiction. The Company is required to establish a valuation allowance for the U.S. deferred tax assets and record a charge to income if Management determines, based upon available evidence at the time the determination is made, that it is more likely than not that some portion or all of the deferred tax assets may not be realized.

Based on the Company's evaluation of all positive and negative evidence, as of December 31, 2019, a valuation allowance of $92.8 million has been recorded against the deferred tax assets that more likely than not will not be realized. For the year ended December 31, 2019, the valuation allowance increased by $8.7 million from $84.1 million at December 31, 2018 to $92.8 million at December 31, 2019. The net deferred tax liabilities of $1.0 million in 2018 represent the net deferred tax liabilities in the foreign jurisdiction, where the Company is in a cumulative income position, partially offset by the U.S. deferred tax assets related to the AMT credit carryforwards. The net deferred tax liabilities of $14,000 in 2019 represent the net deferred tax liabilities in the foreign jurisdiction, where the Company is in a cumulative income position, partially offset by the U.S. deferred tax assets related to the AMT credit carryforwards.

At December 31, 2019, the Company has U.S. federal net operating loss carryforwards, or "NOLs", of approximately $164.1 million, which will begin to expire in 2031. At December 31, 2019, the Company's state NOLs were mainly from California. The majority of the approximately $209.3 million of California NOLs will begin to expire in 2031. At December 31, 2019, the Company had foreign tax credit carryforwards of approximately $0.1 million, which will begin to expire in 2027. At December 31, 2019, the Company had federal research and development tax credit carryforwards ("credit carryforwards") of approximately $0.5 million, which will begin to expire in 2029. At December 31, 2019, the Company had state research and development tax credits of approximately $0.1 million, which carry forward indefinitely. Utilization of certain NOLs and research credit carryforwards may be subject to an annual limitation due to ownership change limitations set forth in Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, and comparable state income tax laws. Any future annual limitation may result in the expiration of NOLs and credit carryforwards before utilization.

Leases

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Leases

The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in its consolidated balance sheets. The Company does not have any finance leases.

ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit interest rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also includes any prepaid lease amounts and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that it will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.

The Company has lease agreements with lease and non-lease components, which are generally accounted for separately.

The Company has operating leases for corporate offices, warehouses, and certain equipment. The Company’s leases have remaining lease terms of 1 to 8 years, some of which include options to extend the lease for up to 10 years, and some of which include options to terminate the lease within 1 year. As of December 31, 2019, the Company’s weighted average remaining lease term is approximately 4 years and the weighted average discount rate used to calculate the Company’s lease liability is approximately 5.30%. Rent expense for the years ended December 31, 2017 and 2018 totaled $12.2 million and $12.7 million, respectively.

Operating lease costs are recognized on a straight-line basis over the lease term. Total operating lease costs for the year ended December 31, 2019 were $12.9 million. Of the $12.9 million, $2.4 million related to short-term and variable lease costs, including common area maintenance charges, management fees, taxes and storage fees. Sublease rental income was $1.1 million in 2019. The Company had a cash outflow of $11.8 million related to operating leases for the year ended December 31, 2019.

As of December 31, 2018, future minimum lease payments under long-term non-cancelable leases, as classified under ASC 840 were as follow:



2019	$	11,934
2020	9,699
2021	9,456
2022	9,486
2023	5,969
Thereafter	1,160
	$	47,704

The following table represents a reconciliation of the Company’s undiscounted future minimum lease payments under operating leases to the lease liability as of December 31, 2019 (in thousands):



Year ending December 31,
2020	$	11,111
2021	10,802
2022	10,143
2023	5,681
2024	397
Thereafter	521
Total lease payments	38,655
Less imputed interest	3,572
Total	$	35,083

Common Stock and Preferred Stock

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Common Stock and Preferred Stock

Common Stock

The Company has 105,000,000 authorized shares of stock consisting of 100,000,000 shares of $.001 par value common stock and 5,000,000 shares of $.001 par value preferred stock. On December 31, 2018 shares issued and outstanding were 29,169,913, and on December 31, 2019, shares issued and outstanding were 35,210,371.

All issuances of common stock, including those issued pursuant to stock option and warrant exercises, restricted stock or unit grants and acquisitions, are issued from the Company’s authorized but not issued and outstanding shares.

In June 2014, the Company effectively repurchased 3,112,840 shares of its common stock at an average cost of $7.71 per share for an aggregate amount of $24.0 million pursuant to a prepaid forward share repurchase agreement entered into with Merrill Lynch International (“ML”). These repurchased shares are treated as retired for basic and diluted EPS purposes although they remain legally outstanding. The Company reflects the aggregate purchase price as a reduction to stockholders’ equity classified as Treasury Stock. The Company reflected the aggregate purchase price of its common shares repurchased as a reduction to stockholders’ equity allocated to treasury stock. On September 13, 2019, ML returned the shares to the Company. The Company subsequently retired the shares which had no impact to the Company’s stockholder’s equity.

In January and February 2017, the Company issued an aggregate of 873,787 shares of restricted stock at a value of approximately $4.5 million to two executive officers, which vest, subject to certain company financial performance criteria and market conditions, over a three-year period. In addition, an aggregate of 94,102 shares of restricted stock at an aggregate value of approximately $0.5 million were issued to its five non-employee directors, which vested in January 2018.

In January and February 2017, the Company issued an aggregate of 2,865,000 shares of its common stock at a value of $15.1 million to holders of its 2018 convertible senior notes as partial consideration for the exchange at par of $39.1 million principal amount of such notes.

In March 2017, the Company entered into an agreement to issue 3,660,891 shares of its common stock at an aggregate price of $19.3 million to a Hong Kong affiliate of its China joint venture partner. After their shareholder and China regulatory approval, the transaction closed on April 27, 2017. Upon the closing, the Company added a representative of Meisheng as a non-employee director and issued 13,319 shares of restricted stock at a value of $0.1 million, which vested in January 2018.

In June 2017, the Company issued an aggregate of 112,400 shares of its common stock at a value of approximately $0.4 million to holders of its 2018 convertible senior notes as partial consideration for the exchange at par of $11.6 million principal amount of such notes.

During 2017, certain employees, including an executive officer, surrendered an aggregate of 29,689 shares of restricted stock for $79,000 to cover income taxes due on the vesting of restricted shares.

In January 2018, the Company issued an aggregate of 1,914,894 shares of restricted stock at a value of approximately $4.5 million to two executive officers, which vest, subject to certain company financial performance criteria and market conditions, over a three-year period. In addition, an aggregate of 249,480 shares of restricted stock at an aggregate value of approximately $0.6 million were issued to its six non-employee directors, which vested in January 2019.

During 2018, an executive officer surrendered an aggregate of 42,346 shares of restricted stock for $98,000 to cover income taxes due on the vesting of restricted shares.

In January 2019, the Company was obligated to issue an aggregate of 3,061,224 shares of restricted stock at a value of approximately $4.5 million to two executive officers pursuant to the applicable employment contracts. The shares were not issued at that time due to insufficient shares available in the 2002 Stock Award and Incentive Plan. Such shares were subsequently approved by the Company's shareholders and issued in July 2019. In addition, an aggregate of 328,230 shares of restricted stock at an aggregate value of approximately $0.5 million were issued to its six non-employee directors. In August 2019, the Board resolved to accelerate and immediately vest upon closing of the Recapitalization Transaction, 164,166 shares of the annual stock compensation granted to resigning members of the Board on January 1, 2019. Each resigning Board member forfeited the remaining balance of the annual stock compensation granted on January 1, 2019, or an aggregate of 54,704 shares. The remaining 109,360 shares of restricted stock vested in January 2020.

During 2019, certain employees, including executive officers, surrendered an aggregate of 190,981 shares of restricted stock for $273,000 to cover income taxes due on the vesting of restricted shares.

On August 9, 2019, in connection with the Recapitalization Transaction (see Note 10 - Debt), the Company issued to the Investor Parties, in the aggregate, 5,853,002 shares of Common Stock valued at $4.2 million on the date of issuance (the "New Common Equity").

All issuances of common stock, including those issued pursuant to stock option and warrant exercises, restricted stock grants and acquisitions, are issued from the Company’s authorized but not issued and outstanding shares.

No dividend was declared or paid in 2018 and 2019.

Preferred Stock

On August 9, 2019, in connection with the Recapitalization Transaction (see Note 10 - Debt), the Company issued 200,000 shares of Series A Senior Preferred Stock (the “Series A Preferred Stock”), $0.001 par value per share, to the Investor Parties (the “New Preferred Equity”). As of December 31, 2019, 200,000 shares of Series A Preferred Stock were outstanding.

Each share of Series A Preferred Stock has an initial value of $100 per share, which is automatically increased for any accrued and unpaid dividends (the “Accreted Value”).

The Series A Preferred Stock has the right to receive dividends on a quarterly basis equal to 6.0% per annum, payable in cash or, if not paid in cash, by an automatic accretion of the Series A Preferred Stock. No dividends have been declared or paid. For the year ended December 31, 2019, the Company recorded $483,000 of preferred stock dividends as an increase in the value of the Series A Preferred Stock.

The Series A Preferred Stock has no stated maturity, however, the Company has the right to redeem all or a portion of the Series A Preferred Stock at its Liquidation Preference (as defined below) at any time after payment in full of the New Term Loan. In addition, upon the occurrence of certain change of control type events, holders of the Series A Preferred Stock are entitled to receive an amount (the “Liquidation Preference”), in preference to holders of Common Stock or other junior stock, equal to (i) 20% of the Accreted Value in the case of a certain specified transaction, or (ii) otherwise, 150% of the Accreted value, plus any accrued and unpaid dividends.

The Company has the right, but is not required, to repurchase all or a portion of the Series A Preferred Stock at its Liquidation Preference at any time after payment in full of the New Term Loan (see Note 10 - Debt).

The Series A Preferred Stock does not have any voting rights, except to the extent required by the Delaware General Corporation Law, except for the exclusive right to elect the Series A Preferred Directors (as described below) and except for certain approval rights over certain transactions (as described below). These approval rights require the prior consent of specified percentages of holders (or in certain cases, all holders) of the Series A Preferred Stock in order for the Company to take certain actions, including the issuance of additional shares of Series A Preferred Stock or parity stock, the issuance of senior stock, certain amendments to the Amended and Restated Certificate of Incorporation, the Certificate of Designations of the Series A Preferred Stock (the “Certificate of Designations”), the Second Amended and Restated By-laws or the Amended and Restated Nominating and Corporate Governance Committee Charter, material changes in the Company’s line of business and certain change of control type transactions. In addition, the Certificate of Designations provides that the approval of at least six directors is required for any related person transaction within the meaning of Item 404 of Regulation S-K under the Securities Act of 1933, as amended, including, without limitation, the adoption of, or any amendment, modification or waiver of, any agreement or arrangement related to any such transaction. The Certificate of Designations also includes restrictions on the ability of the Company to pay dividends on or make distributions with respect to, or redeem or repurchase, shares of Common Stock or other junior stock. In addition, holders of the Series A Preferred Stock have preemptive rights regarding future issuance of Series A Preferred Stock or parity stock.

In addition, the Certificate of Designations provides the holders of Series A Preferred Stock certain board representation rights. The Certificate of Designations provides, among other things, that, for so long as at least 50,000 shares of Series A Preferred Stock remain outstanding, (i) the holders of a majority of the outstanding shares of Series A Preferred Stock have the sole right to nominate candidates to serve as the Series A Preferred Directors and (ii) the holders of shares of Series A Preferred Stock, voting as a separate class, have the right to elect two individuals to serve as the Series A Preferred Directors. From and after (i) the first annual meeting of stockholders occurring after less than 50,000 shares of Series A Preferred Stock remain outstanding, the holders of Series A Preferred Stock will only have the right to nominate and elect one Series A Preferred Director, and (ii) the time no shares of Series A Preferred Stock remain outstanding, the holders of Series A Preferred Stock will no longer have the right to nominate or elect any Series A Preferred Directors. The Series A Preferred Directors will serve for terms ending at the annual meeting of stockholders in 2023 and for successive three-year terms thereafter (until no shares of Series A Preferred Stock remain outstanding), and as of such time as the proposal to amend the Certificate of Incorporation to classify the Board into three classes, designated Class I, Class II and Class III, with staggered three-year terms, the Series A Preferred Directors shall be deemed to serve in Class III. The number of directors elected by the holders of the Company’s Common Stock and the number of Series A Preferred Directors is fixed and cannot be amended without the approval of holders of a majority of the outstanding Common Stock and holders of at least 80% of the outstanding shares of Series A Preferred Stock, each voting as a separate class.

The Series A Preferred Stock redemption amount is contingent upon certain events with no stated redemption date as of the reporting date, although may become redeemable in the future. In accordance with the SEC guidance within ASC Topic 480, Distinguishing Liabilities from Equity: Classification and Measurement of Redeemable Securities, the Company classified the Series A Preferred Stock as temporary equity as the Series A Preferred Stock contains a redemption feature which is contingent upon certain deemed liquidation events, the occurrence of which may not solely be within the control of the Company.

Under ASC 815, “Derivatives and Hedging”, certain contractual terms that meet the accounting definition of a derivative must be accounted for separately from the financial instrument in which they are embedded. The Company has concluded that the redemption upon a change of control and the repurchase option by the Company constitute embedded derivatives.

The embedded redemption upon a change of control must be accounted for separately from the Series A Preferred Stock. The redemption provision specifies if certain events that constitute a change of control occur; the Company may be required to settle the Series A Preferred Stock at 150% of its accreted amount. Accordingly, the redemption provision meets the definition of a derivative, and its economic characteristics are not considered clearly and closely related to the economic characteristics of the Series A Preferred Stock, which is considered more akin to a debt instrument than equity.

Accordingly, these two embedded derivatives are required to be bundled into a single derivative instrument and accounted for separately from the Series A Preferred Stock at fair value.

The Company considers the repurchase option to have no value as the likelihood is remote that this event, within the Company’s control, would ever occur. On August 9, 2019, the Company determined that the fair value of the redemption provision upon a change of control was $4.9 million and recorded as a long term liability. In subsequent periods, the liability is accounted for at fair value, with changes in fair value recognized as other income (expense) on the Company's consolidated statements of operations. The value of the redemption provision explicitly considered the present value of the potential premium that would be paid related to, and the probability of, an event that would trigger its payment. The probability of a triggering event was based on management’s estimates of the probability of a change of control event occurring.

As of December 31, 2019, the Series A Preferred Stock is recorded in temporary equity at the amount of accrued, but unpaid dividends of $483,000, and the redemption provision, as a bifurcated derivative, is recorded as a long term liability with an estimated value of $5.2 million.

The following table provides a reconciliation of the beginning and ending balances of the Series A Preferred Stock, which is recorded in temporary equity:



	Year ended December 31,
	2018		2019
Balance, January 1,	$	—	$	—
Preferred stock accrued dividends	—		483
Balance, December 31,	$	—	$	483

Fair Value Measurements

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurements



Level 1:	Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities.
Level 2:	Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third-party pricing services for identical or similar assets or liabilities.
Level 3:	Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 and 2019 (in thousands):



	Carrying Amount as of December 31, 2018		Fair Value Measurements As of December 31, 2018
	Carrying Amount as of December 31, 2018		Level 1		Level 2		Level 3
3.25% convertible senior notes due in 2020	$	27,974	$	—	$	—	$	27,974



	Carrying Amount as of December 31, 2019		Fair Value Measurements As of December 31, 2019
	Carrying Amount as of December 31, 2019		Level 1		Level 2		Level 3
3.25% convertible senior notes due in 2020	$	—	$	—	$	—	$	—
3.25% convertible senior notes due in 2023	50,753		—		—		50,753
Preferred stock derivative liability	5,247		—		—		5,247

The following table provides a reconciliation of the beginning and ending balances of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands):



3.25% convertible senior notes due in 2020	Year ended December 31,
	2018			2019
Balance at January 1,	$	22,469		$	27,974
Issuance of 3.25% convertible senior notes	8,000			—
Additions	—			7,250
Loss on extinguishment of convertible senior notes	453			10,417
Extinguishment of convertible senior notes	—			(48,170		)
Change in fair value	(2,948		)	2,529
Balance at December 31,	$	27,974		$	—



3.25% convertible senior notes due 2023	Year ended December 31,
	2018		2019
Balance at January 1,	$	—	$	—
New issuance ($29.6 million face value)	—		37,916
New issuance ($8.0 million face value)	—		10,254
Change in fair value	—		2,583
Balance at December 31,	$	—	$	50,753



Preferred stock derivative liability	Year ended December 31,
	2018		2019
Balance at January 1,	$	—	$	—
New issuance of Series A Preferred Stock ($20.0 million face value)	—		4,894
Change in fair value	—		353
Balance at December 31,	$	—	$	5,247

The Company’s accounts receivable, accounts payable, term loan and accrued expenses represent financial instruments. The carrying value of these financial instruments is a reasonable approximation of fair value.

In August 2017, the Company agreed with Oasis, the holder of approximately $21.6 million face amount of its 4.25% convertible senior notes due in 2018, to extend the maturity date of these notes to November 1, 2020. In addition, the interest rate was reduced to 3.25% per annum and the conversion rate was increased to 328.0302 shares of the Company’s common stock per $1,000 principal amount of notes, among other things. These notes are hereafter referred to as the “3.25% convertible senior notes due in 2020” or “3.25% 2020 Notes.” After execution of a definitive agreement and final approval by the other members of the Company’s Board of Directors and Oasis’ Investment Committee, the transaction closed on November 7, 2017. On July 26, 2018, the Company closed a transaction with Oasis to exchange $8.0 million face amount of the 4.25% convertible senior notes due in August 2018 with convertible senior notes similar to those issued to Oasis in November 2017. The new notes mature on November 1, 2020, accrue interest at an annual rate of 3.25% and are convertible into shares of the Company’s common stock at a rate of 322.2688 shares per $1,000 principal amount of the new notes. The conversion price of the 3.25% 2020 Notes reset on November 1, 2018 to $2.54 per share and the conversion rate was increased to 393.7008 of the Company's common stock per $1,000 principal amount of notes.

In connection with the Recapitalization Transaction, the Company issued (i) amended and restated notes with respect to the $21.6 million Oasis Note issued on November 7, 2017, and the $8.0 million Oasis Note issued on July 26, 2018 (together, the “Existing Oasis Notes”), and (ii) a new $8.0 million convertible senior note having the same terms as such amended and restated notes (collectively, the “3.25% 2023 Notes”). The New Oasis Notes mature 91 days after the amounts outstanding under the New Term Loan are paid in full, and in no event later than July 3, 2023, accrue interest at an annual rate of (i) 3.25% if paid in cash or 5.00% if paid in stock plus (ii) 2.75% payable in kind. The New Oasis Notes provide, among other things, that the initial conversion price is $1.00. The conversion price will be reset on each February 9 and August 9, starting on February 9, 2020 (each, a “reset date”) to a price equal to 105% of the 5-day VWAP preceding the applicable reset date.

In connection with these transactions, the Company elected the fair value option of measurement for the 3.25% 2020 Notes and the 3.25% 2023 Notes, under ASC 815, Derivatives and Hedging. As a result, these notes are re-measured each reporting period using Level 3 inputs (Monte Carlo simulation model and inputs for stock price, risk-free rate and volatility), with changes in fair value reflected in current period earnings in its consolidated statements of operations.

The fair value of the 4.875% convertible senior notes due 2020 as of December 31, 2018 and 2019 was $93.2 million (principal amount of $113.0 million) and $1.7 million (principal amount of $1.9 million), respectively, based upon the most recent quoted market prices. The fair values of the convertible senior notes are considered to be Level 3 measurements on the fair value hierarchy.

In connection with the Recapitalization Transaction, the Company also issued 200,000 shares of Series A Preferred Stock, to the Investor Parties. The fair value of the Series A Preferred Stock derivative liability is calculated using unobservable inputs (Level 3 fair measurements). The value of the redemption provision explicitly considered the present value of the potential premium that would be paid related to, and the probability of, an event that would trigger its payment. The probability of a triggering event was based on management’s estimates of the probability of a change of control event occurring.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments

The Company has entered into various license agreements whereby the Company may use certain characters and intellectual properties in conjunction with its products. Generally, such license agreements provide for royalties to be paid ranging from 1% to 23% of net sales with minimum guarantees and advance payments.

In the event the Company estimates that a shortfall in achieving the minimum guarantee is probable, a liability is recorded for the estimated shortfall and charged to royalty expense.

Future annual minimum royalty guarantees as of December 31, 2019 are as follows (in thousands):



2020	$	39,653
2021	12,779
2022	535
2023	10
2024	20
	$	52,997

The Company has entered into employment and consulting agreements with certain executives expiring through December 31, 2021. The aggregate future annual minimum guaranteed amounts due under those agreements as of December 31, 2019 are as follows (in thousands):



2020	$	6,948
2021	4,050
	$	10,998

Share-Based Payments

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Share-Based Payments

Under its 2002 Stock Award and Incentive Plan (“the Plan”), which incorporated its Third Amended and Restated 1995 Stock Option Plan, the Company has reserved shares of its common stock for issuance upon the exercise of options granted under the Plan, as well as for the awarding of other securities. Under the Plan, employees (including officers), non-employee directors and independent consultants may be granted options to purchase shares of common stock, restricted stock units and other securities (see Note 15 - Common Stock and Preferred Stock). The vesting of these share-based awards may vary, but typically vest over a requisite service period or are based on performance criteria, with a maximum vesting period of 3 years. Restricted shares typically vest in the same manner, with the exception of certain awards vesting over one to two years. Share-based compensation expense is recognized on a straight-line basis over the requisite service period. Compensation expense for performance-awards is measured based on the amount of shares ultimately expected to vest, estimated at each reporting date based on management expectations regarding the relevant performance criteria. As of December 31, 2019, 1,268,956 shares were available for future grant. Additional shares may become available to the extent that options or shares of restricted stock presently outstanding under the Plan terminate or expire.

Restricted Stock

Under the Plan, share-based compensation payments may include the issuance of shares of restricted stock. Restricted stock award grants are based upon employment contracts, which vary by individual and year, and are subject to vesting conditions.

The following table summarizes the restricted stock award activity, annually, for the years ended December 31, 2017, 2018 and 2019:



	Restricted Stock Awards (RSA)
	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding, December 31, 2016	196,453		$	7.01
Awarded	981,208		5.15
Released	(187,224	)	7.05
Forfeited	(9,229	)	6.32
Outstanding, December 31, 2017	981,208		4.12
Awarded	2,164,374		1.88
Released	(194,800	)	5.14
Forfeited	—		—
Outstanding, December 31, 2018	2,950,782		2.41
Awarded	3,389,455		1.07
Released	(692,464	)	2.49
Forfeited	(54,704	)	1.47
Outstanding, December 31, 2019	5,593,069		1.60

As of December 31, 2019, there was $3.7 million of total unrecognized compensation cost related to non-vested restricted stock, which is expected to be recognized over a weighted-average period of 2.14 years.

Restricted Stock Units

Under the Plan, share-based compensation payments may include the issuance of Restricted Stock Units (RSUs) to employees, which occurs approximately once per year and are subject to vesting conditions. RSUs are valued at the market price of the shares underlying the award on the date of grant.

The following table summarizes the RSU award activity, annually for the years ended December 31, 2017, 2018 and 2019:



	Restricted Stock Units (RSU)
	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding, December 31, 2016	—		$	—
Awarded	1,001,206		4.68
Released	—		—
Forfeited	(42,014	)	4.68
Outstanding, December 31, 2017	959,192		4.68
Awarded	357,143		1.96
Released	(125,290	)	5.15
Forfeited	(138,879	)	4.56
Outstanding, December 31, 2018	1,052,166		3.72
Awarded	1,334,312		0.77
Released	(161,486	)	3.80
Forfeited	(1,197,809	)	1.60
Outstanding, December 31, 2019	1,027,183		2.34

As of December 31, 2019, there was $0.7 million of total unrecognized compensation cost related to non-vested restricted stock units, which is expected to be recognized over a weighted-average period of 1.33 years.

Share-Based Compensation Expense

The following table summarizes the total share-based compensation expense and related tax benefits recognized (in thousands):



	Year Ended December 31,
	2017		2018		2019
Share-based compensation expense	$	3,112	$	2,434	$	2,868

Stock Options

There has been no stock option activity since December 31, 2015.

Non-Employee Stock Warrants

In 2012, the Company granted 1,500,000 stock warrants with an exercise price of $16.28 per share and a five-year term to a third-party as partial consideration for the exclusive right to use certain recognition technology in connection with the Company’s toy products. All warrants vested upon grant and expired unexercised on September 12, 2017.

The Company measured the fair value of the warrants granted on the measurement date. The fair value of the 2012 stock warrant was capitalized as an intangible asset and had been amortized to expense in the consolidated statements of operations as the related product net sales were recognized.

Employee Benefits Plan	12 Months Ended
Employee Benefits Plan	Dec. 31, 2019
Postemployment Benefits [Abstract]
Employee Benefits Plan	Employee Benefits Plan The Company sponsored for its U.S. employees, a defined contribution plan under Section 401(k) of the Internal Revenue Code. The Plan provided that employees may defer up to 50% of their annual compensation subject to annual dollar limitations, and that the Company would make a matching contribution equal to 100% of each employee’s deferral, up to 5% of the employee’s annual compensation. The Company eliminated the match on March 31, 2019. Company matching contributions, which vested immediately, totaled $2.3 million, $2.4 million and $1.1 million for the years ended December 31, 2017, 2018 and 2019, respectively.

Supplemental Information to Consolidated Statements of Cash Flows	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Information to Consolidated Statements of Cash Flows	Supplemental Information to Consolidated Statements of Cash Flows In 2017, certain employees – including an executive officer, surrendered an aggregate of 29,689 shares of restricted stock at a value of less than $0.1 million to cover their income taxes due on the 2017 vesting of the restricted shares granted to them in 2011 and 2013. In 2017, the Company issued approximately 3.0 million shares of its common stock with a value of $15.5 million to extinguish a portion of the 2018 convertible senior notes (see Note 10 - Debt). In 2018, an executive officer surrendered an aggregate of 42,346 shares of restricted stock at a value of less than $0.1 million to cover income taxes due on the 2018 vesting of the restricted shares granted to them in 2016 and 2017. In 2019, two executive officers surrendered an aggregate of 143,910 shares of restricted stock at a value of less than $0.1 million to cover income taxes due on the 2019 vesting of the restricted shares granted to them in 2016, 2017, and 2018. On August 9, 2019, in connection with the Recapitalization Transaction (see Note 10 - Debt), the Company issued to the Investor Parties, in the aggregate, 5,853,002 shares of Common Stock valued at $4.2 million on the date of issuance. On August 9, 2019, in connection with the Recapitalization Transaction (see Note 10 - Debt), the Company issued 200,000 shares of Series A Senior Preferred Stock (the “Series A Preferred Stock”), $0.001 par value per share, to the Investor Parties. The Company determined that the fair value of the redemption provision upon a change of control was $4.9 million.

Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data (Unaudited)

Selected unaudited quarterly financial data for the years 2018 and 2019 are summarized below. The Company has derived this data from the unaudited consolidated interim financial statements that, in the Company's opinion, have been prepared on substantially the same basis as the audited financial statements contained elsewhere in this report and include all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. These unaudited quarterly results should be read in conjunction with the financial statements and notes thereto included elsewhere in this report. The operating results in any quarter are not necessarily indicative of the results that may be expected for any future period.



	2018											2019
	First Quarter			Second Quarter			Third Quarter		Fourth Quarter			First Quarter			Second Quarter			Third Quarter		Fourth Quarter
	(in thousands, except per share data)
Net sales	$	93,004		$	105,781		$	236,699	$	132,326		$	70,826		$	95,182		$	280,130	$	152,511
Gross profit	$	22,959		$	27,941		$	64,330	$	40,486		$	14,340		$	17,746		$	80,859	$	46,400
Income (loss) from operations	$	(35,658	)	$	(12,140	)	$	20,043	$	(4,418	)	$	(24,041	)	$	(18,649	)	$	35,662	$	(10,761	)
Income (loss) before provision (benefit) for income taxes	$	(38,529	)	$	(16,497	)	$	17,652	$	(2,100	)	$	(29,372	)	$	(21,896	)	$	17,430	$	(19,629	)
Net income (loss)	$	(36,193	)	$	(18,588	)	$	15,699	$	(3,343	)	$	(29,127	)	$	(22,485	)	$	16,414	$	(20,181	)
Net income (loss) attributable to JAKKS Pacific, Inc.	$	(36,244	)	$	(18,559	)	$	15,682	$	(3,247	)	$	(29,158	)	$	(22,542	)	$	16,445	$	(20,293	)
Basic earnings (loss) per share	$	(1.57	)	$	(0.80	)	$	0.68	$	(0.14	)	$	(1.24	)	$	(0.96	)	$	0.60	$	(0.70	)
Weighted average shares outstanding	23,100			23,106			23,106		23,106			23,557			23,600			27,085		29,617
Diluted earnings (loss) per share	$	(1.57	)	$	(0.80	)	$	0.38	$	(0.14	)	$	(1.24	)	$	(0.96	)	$	0.51	$	(0.70	)
Weighted average shares and equivalents outstanding	23,100			23,106			45,686		23,106			23,557			23,600			60,345		29,617

Quarterly and year-to-date computations of income (loss) per share amounts are made independently. Therefore, the sum of the per-share amounts for the quarters may not agree with the per share amounts for the year.

Litigation and Contingencies	12 Months Ended
Litigation and Contingencies	Dec. 31, 2019
Text Block [Abstract]
Litigation and Contingencies	Litigation and Contingencies The Company is a party to, and certain of its property is the subject of, various pending claims and legal proceedings that routinely arise in the ordinary course of its business. The Company accrues for losses when the loss is deemed probable and the liability can reasonably be estimated. Where a liability is probable and there is a range of estimated loss with no best estimate in the range, the Company records the minimum estimated liability related to the claim. As additional information becomes available, the Company assesses the potential liability related to its pending litigation and revises its estimates. In the normal course of business, the Company may provide certain indemnifications and/or other commitments of varying scope to a) its licensors, customers and certain other parties, including against third-party claims of intellectual property infringement, and b) its officers, directors and employees, including against third-party claims regarding the periods in which they serve in such capacities with the Company. The duration and amount of such obligations is, in certain cases, indefinite. The Company's director’s and officer’s liability insurance policy may, however, enable it to recover a portion of any future payments related to its officer, director or employee indemnifications. For the past five years, costs related to director and officer indemnifications have not been significant. Other than certain liabilities recorded in the normal course of business related to royalty payments due the Company's licensors, no liabilities have been recorded for indemnifications and/or other commitments.

Subsequent Event	12 Months Ended
Subsequent Event	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On January 30, 2020, the World Health Organization (“WHO”) announced a global health emergency because of a new strain of coronavirus originating in Wuhan, China (the “COVID-19 outbreak”) and the risks to the international community as the virus spreads globally beyond its point of origin. In March 2020, the WHO classified the COVID-19 outbreak as a pandemic, based on the rapid increase in exposure globally. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report. As such, it is uncertain as to the full magnitude that the pandemic will have on the Company’s financial condition, liquidity, and future results of operations. Management is actively monitoring the global situation on its financial condition, liquidity, operations, suppliers, industry, and workforce. Given the daily evolution of the COVID-19 outbreak and the global responses to curb its spread, it is extremely challenging for the Company to estimate the effects of the COVID-19 outbreak on its results of operations, financial condition, or liquidity for fiscal year 2020. March year-to-date syndicated market data for the United States shows a number of manufacturers’ sell-thru at retail substantially up, and others down, vs. prior year. How long these trends continue, and whether they represent a pulling forward of future sales or a deferment of intended sales remains to be seen. Although the Company cannot estimate the length or gravity of the impact of the COVID-19 outbreak at this time, it is likely the pandemic will have a material adverse effect on the Company’s sales expectations for fiscal year 2020. The Company has embarked upon cost mitigating efforts, but even if those efforts achieve 100% of their intended results, it is not clear as of the date of this filing whether the Company will be compliant with its debt covenants. Management remains confident that it has the support of its lenders and it will be able to find some reasonable accommodation with its lenders in the event that covenants cannot be met in light of the COVID-19 impact. In mid-March, the Company began migrating to a work-from-home model in compliance with local guidance. In early April, the Company began to reassess its revenue and expense projections for the year in an attempt to anticipate decreases in customer and consumer demand based on the uncertainty associated with the pandemic. In parallel, the Company began a review of worldwide spending to identify both short-term and long-term cost savings measures to preserve both profitability and liquidity in light of the potential for decreased product demands. By late April, the Company had identified new revenue and spending objectives for the year and synchronized those expectations across the senior leadership team. It is the Company’s intention to carefully monitor the pandemic’s impact across markets, channels and customers and strike the right balance of pursuing opportunity while minimizing risk to the Company’s long-term health. On March 27, 2020, President Trump signed into law the “Coronavirus Aid, Relief and Economic Security Act (“CARES Act”). The CARES Act, among other things, includes provisions relating to refundable payroll tax credits, deferment of employer side social security payments, net operating loss carryback periods, alternative minimum tax credit refunds, modifications to the net interest deduction limitations and technical corrections to tax depreciation methods for qualified improvement property. The Company continues to monitor and explore any relevant government assistance programs that could support either cash liquidity or operating results in the short-medium term. As of the filing of this document, the Company continues to have no draw down on its credit facility with Wells Fargo. The Company has applied for funds under the Paycheck Protection Program after the period end in the amount of $10.0 million. The application for these funds requires the Company to, in good faith, certify that the current economic uncertainty made the loan request necessary to support the ongoing operations of the Company. This certification further requires the Company to take into account its current business activity and its ability to access other sources of liquidity sufficient to support ongoing operations in a manner that is not significantly detrimental to the business. The receipt of these funds, and the forgiveness of the loan attendant to these funds, is dependent on the Company having initially qualified for the loan and qualifying for the forgiveness of such loan based on its future adherence to the forgiveness criteria. In connection with the Company’s continued efforts to restore profitability, on April 17, 2020, the Company commenced a planned 26% (unaudited) reduction in its workforce. The Company expects to incur severance and restructuring charges of approximately $1.7 million (unaudited), consisting solely of cash expenditures for employee termination and severance costs, starting in the second quarter of 2020 through the end of 2020.

Schedule II - Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II-Valuation And Qualifying Accounts

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

YEARS ENDED DECEMBER 31, 2017, 2018 and 2019

Allowances are deducted from the assets to which they apply, except for sales returns and allowances.



	Balance at Beginning of Period		Charged to Costs and Expenses		Net Deductions and other			Balance at End of Period
	(In thousands)
Year ended December 31, 2017:
Allowance for:
Uncollectible accounts	$	2,864	$	11,803	$	(3,727	)	$	10,940
Reserve for sales returns and allowances	16,424		42,654		(41,456		)	17,622
	$	19,288	$	54,457	$	(45,183	)	$	28,562
Year ended December 31, 2018:
Allowance for:
Uncollectible accounts	$	10,940	$	9,586	$	(18,377	)	$	2,149
Reserve for sales returns and allowances	17,622		46,759		(34,978		)	29,403
	$	28,562	$	56,345	$	(53,355	)	$	31,552
Year ended December 31, 2019:
Allowance for:
Uncollectible accounts	$	2,149	$	864	$	381		$	3,394
Reserve for sales returns and allowances	29,403		42,618		(33,656		)	38,365
	$	31,552	$	43,482	$	(33,275	)	$	41,759

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Principles of consolidation

These consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, and its majority owned joint venture. All intercompany transactions have been eliminated.

Cash and cash equivalents and Restricted cash

Cash and cash equivalents

Restricted cash

Accounts Receivable and Allowance for Doubtful Accounts

Use of estimates

Revenue recognition

Revenue recognition for 2018 and 2019

Shipping and handling activities are considered part of the Company’s obligation to transfer the products and therefore are recorded as direct selling expenses, as incurred.

The Company’s reserve for sales returns and allowances amounted to $29.4 million as of December 31, 2018 and $38.4 million as of December 31, 2019.

Revenue recognition for 2017

Fair value measurements

Fair Value Measurements



Level 1:	Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities.
Level 2:	Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third-party pricing services for identical or similar assets or liabilities.
Level 3:	Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities.

Inventory

Property and equipment

Property and equipment are stated at cost and are being depreciated using the straight-line method over their estimated useful lives as follows:



Office equipment	5 years
Automobiles	5 years
Furniture and fixtures	5 - 7 years
Leasehold improvements	Shorter of length of lease or 10 years

Other Comprehensive Income (Loss)

Advertising

Income taxes

Foreign Currency Translation Exposure

Foreign Currency Transaction Exposure

Accounting for the impairment of finite-lived tangible and intangible assets

Goodwill and other indefinite-lived intangible assets

Share-based Compensation

The Company measures all employee share-based compensation awards using a fair value method and records such expense in its consolidated financial statements.

Earnings per share

Recent Accounting Pronouncements

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Net of Inventory Obsolescence Reserve



	December 31,
	2018		2019
Raw materials	$	311	$	144
Finished goods	53,569		54,115
	$	53,880	$	54,259

Property and Equipment, Estimated Useful Lives

Property and equipment are stated at cost and are being depreciated using the straight-line method over their estimated useful lives as follows:



Office equipment	5 years
Automobiles	5 years
Furniture and fixtures	5 - 7 years
Leasehold improvements	Shorter of length of lease or 10 years

Reconciliation of the Weighted-Average Shares Used in Computation of Basic and Diluted Earnings Per Share

A reconciliation of the amounts used to calculate basic and diluted loss per share for the years ended December 31, 2017, 2018, and 2019 follows (in thousands, except per share data):



	Year Ended December 31,
	2017			2018			2019
Net loss	$	(83,028	)	$	(42,425	)	$	(55,379	)
Net income (loss) attributable to non-controlling interests	57			(57		)	169
Net loss attributable to JAKKS Pacific, Inc.	(83,085		)	(42,368		)	(55,548		)
Preferred stock dividend	—			—			(483		)
Net loss attributable to common stockholders	$	(83,085	)	$	(42,368	)	$	(56,031	)
Weighted average common shares outstanding - basic and diluted	21,341			23,104			25,980
Loss per share available to common stockholders - basic and diluted	$	(3.89	)	$	(1.83	)	$	(2.16	)

Business Segments, Geographic Data, and Sales by Major Customers (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Information by Segment and Reconciliation to Reported Amounts

Information by segment and a reconciliation to reported amounts as of December 31, 2018 and 2019 and for the three years in the period ended December 31, 2019 are as follows (in thousands):



	Year Ended December 31,
	2017		2018		2019
Net Sales
U.S. and Canada	$	406,411	$	364,313	$	384,585
International	107,231		101,873		94,453
Halloween	99,469		101,624		119,611
	$	613,111	$	567,810	$	598,649



	Year Ended December 31,
	2017			2018			2019
Loss from Operations
U.S. and Canada	$	(35,720	)	$	(11,693	)	$	(2,121	)
International	(13,184		)	(8,706		)	(6,007		)
Halloween	(15,254		)	(11,774		)	(9,661		)
	$	(64,158	)	$	(32,173	)	$	(17,789	)



	Year Ended December 31,
	2017		2018		2019
Depreciation and Amortization Expense
U.S. and Canada	$	15,286	$	12,553	$	13,130
International	4,079		3,449		3,097
Halloween	1,638		1,079		1,407
	$	21,003	$	17,081	$	17,634



	December 31,
	2018		2019
Assets
U.S. and Canada	$	223,877	$	254,124
International	108,669		102,460
Halloween	10,295		8,638
	$	342,841	$	365,222

Information by Geographic Area

The following tables present information about the Company by geographic area as of December 31, 2018 and 2019 and for each of the three years in the period ended December 31, 2019 (in thousands):



	December 31,
	2018		2019
Long-lived Assets
China	$	15,825	$	11,461
United States	4,920		3,556
Hong Kong	157		242
	$	20,902	$	15,259



	Year Ended December 31,
	2017		2018		2019
Net Sales by Customer Area
United States	$	479,133	$	439,979	$	481,309
Europe	71,094		69,646		65,557
Canada	21,882		21,923		19,937
Latin America	21,157		17,827		11,415
Asia	6,514		8,504		10,112
Australia and New Zealand	6,503		5,937		7,870
Middle East and Africa	6,828		3,994		2,449
	$	613,111	$	567,810	$	598,649

Net Sales to Major Customers

Net sales to major customers were as follows (in thousands, except for percentages):



	2017				2018				2019
	Amount		Percentage of Net Sales		Amount		Percentage of Net Sales		Amount		Percentage of Net Sales
Wal-Mart	$	156,436	25.5	%	$	143,587	25.3	%	$	177,063	29.6	%
Target	108,799		17.8		122,141		21.5		124,709		20.8
Toys "R" Us	69,508		11.3		*		*		*		*
	$	334,743	54.6	%	$	265,728	46.8	%	$	301,772	50.4	%

* Sales to Toys "R" Us in the applicable periods were less than 10% of total net sales.

Goodwill (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill by reporting unit for the years ended December 31, 2018 and 2019 are as follows (in thousands):



Carrying Amounts, gross	U.S. and Canada			International			Halloween		Total
Balance, January 1, 2018	$	29,857		$	11,580		$	2,235	$	43,672
Adjustments to goodwill for foreign currency translation	(203		)	(98		)	—		(301		)
Balance, December 31, 2018	29,654			11,482			2,235		43,371
Adjustments to goodwill for foreign currency translation	—			—			—		—
Balance, December 31, 2019	$	29,654		$	11,482		$	2,235	$	43,371



Accumulated Impairment Losses	U.S. and Canada			International		Halloween			Total
Balance, January 1, 2018, December 31, 2018, and December 31, 2019	$	(6,053	)	$	—	$	(2,235	)	$	(8,288	)



Carry Amounts, net	U.S. and Canada		International		Halloween		Total
Balance, January 1, 2018	$	23,804	$	11,580	$	—	$	35,384
Balance, December 31, 2018	$	23,601	$	11,482	$	—	$	35,083
Balance, December 31, 2019	$	23,601	$	11,482	$	—	$	35,083

Intangible Assets Other Than Goodwill (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Indefinite-Lived Intangibles

Intangible assets are as follows (in thousands, except for weighted useful lives):



		December 31, 2018							December 31, 2019
	Weighted Useful Lives	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
	(Years)
Amortized Intangible Assets:
Licenses	5.81	$	20,130	$	(19,383	)	$	747	$	20,130	$	(19,988	)	$	142
Product lines	10.36	33,858		(17,293		)	16,565		4,846		(1,800		)	3,046
Customer relationships	4.90	3,152		(3,152		)	—		3,152		(3,152		)	—
Trade names	5.00	3,000		(3,000		)	—		3,000		(3,000		)	—
Non-compete agreements	5.00	200		(200		)	—		200		(200		)	—
Total amortized intangible assets		$	60,340	$	(43,028	)	$	17,312	$	31,328	$	(28,140	)	$	3,188
Unamortized Intangible Assets:
Trademarks		$	300	$	—		$	300	$	300	$	—		$	300

Finite Lived Intangible Assets

Intangible assets are as follows (in thousands, except for weighted useful lives):



		December 31, 2018							December 31, 2019
	Weighted Useful Lives	Gross Carrying Amount		Accumulated Amortization			Net Amount		Gross Carrying Amount		Accumulated Amortization			Net Amount
	(Years)
Amortized Intangible Assets:
Licenses	5.81	$	20,130	$	(19,383	)	$	747	$	20,130	$	(19,988	)	$	142
Product lines	10.36	33,858		(17,293		)	16,565		4,846		(1,800		)	3,046
Customer relationships	4.90	3,152		(3,152		)	—		3,152		(3,152		)	—
Trade names	5.00	3,000		(3,000		)	—		3,000		(3,000		)	—
Non-compete agreements	5.00	200		(200		)	—		200		(200		)	—
Total amortized intangible assets		$	60,340	$	(43,028	)	$	17,312	$	31,328	$	(28,140	)	$	3,188
Unamortized Intangible Assets:
Trademarks		$	300	$	—		$	300	$	300	$	—		$	300

Future Amortization Expenses

The Company currently estimates continuing future amortization expense to be approximately (in thousands):



2020	$	1,158
2021	1,015
2022	1,015
	$	3,188

Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2019

Payables and Accruals [Abstract]

Accrued Expenses

Accrued expenses consist of the following (in thousands):



	December 31,
	2018		2019
Royalties	$	10,245	$	14,061
Inventory liabilities	7,084		7,954
Interest expense	878		4,535
Salaries and employee benefits	2,891		3,017
Professional fees	1,671		2,115
Goods in transit	1,072		1,664
Unclaimed property liability	—		1,200
Sales commissions	398		669
Bonuses	1,152		570
Unearned revenue	561		557
Other	3,962		3,173
	$	29,914	$	39,515

Credit Facility Credit Facilities (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of credit facilities

Credit facilities consist of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal Amount		Debt Issuance Costs		Net Amount		Principal Amount		Debt Issuance Costs		Net Amount
Wells Fargo credit facility	$	7,500	$	—	$	7,500	$	—	$	—	$	—
Great American Capital Partners term loan	20,000		289		19,711		—		—		—
Total credit facilities, net of debt issuance costs	$	27,500	$	289	$	27,211	$	—	$	—	$	—

Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Convertible Senior Notes

Convertible senior notes consist of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal/ Fair Value Amount		Debt Issuance Costs		Net Amount		Principal/ Fair Value Amount		Debt Issuance Costs		Net Amount
4.875% convertible senior notes due 2020	$	113,000	$	1,182	$	111,818	$	1,905	$	—	$	1,905
3.25% convertible senior notes due 2020 *	27,974		—		27,974		—		—		—
3.25% convertible senior notes due 2023 **	—		—		—		50,753		—		50,753
Total convertible senior notes	$	140,974	$	1,182	$	139,792	$	52,658	$	—	$	52,658

Term loan consists of the following (in thousands):



	December 31, 2018						December 31, 2019
	Principal Amount**		Debt Discount/ Issuance Costs*		Net Amount		Principal Amount**		Debt Discount/ Issuance Costs*			Net Amount
Term Loan	$	—	$	—	$	—	$	134,801	$	(12,319	)	$	122,482

* The term loan was valued using the discounted cash flow method to determine the implied debt discount. The debt discount and issuance costs are being amortized over the life of the term loan.

** The amount presented excludes accrued, but unpaid, payment-in-kind interest of $1.3 million as of December 31, 2019.

Components of Convertible Senior Notes

Key components of the 4.25% convertible senior notes due 2018 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	2,184	$	373	$	—
Amortization of debt issuance costs recognized as interest expense	844		103		—
	$	3,028	$	476	$	—

Key components of the 4.875% convertible senior notes due 2020 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	5,509	$	5,509	$	3,370
Amortization of debt issuance costs recognized as interest expense	789		789		460
	$	6,298	$	6,298	$	3,830

Key components of the 3.25% convertible senior notes due 2020 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	103	$	815	$	580
Amortization of debt issuance costs recognized as interest expense	—		—		—
	$	103	$	815	$	580

Key components of the 3.25% convertible senior notes due 2023 consist of the following (in thousands):



	Year ended December 31,
	2017		2018		2019
Contractual interest expense	$	—	$	—	$	899
Amortization of debt issuance costs recognized as interest expense	—		—		—
	$	—	$	—	$	899

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-Section 45
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Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Provision for Income Tax

Provision for income taxes reflected in the accompanying consolidated statements of operations are comprised of the following (in thousands):



	Year ended December 31,
	2017			2018			2019
Federal	$	550		$	(1,475	)	$	(212	)
State and local	51			62			66
Foreign	2,256			4,154			3,037
Total Current	2,857			2,741			2,891
Deferred	(1,251		)	210			(979		)
Total	$	1,606		$	2,951		$	1,912

Components of Deferred Tax Assets (Liabilities)

The components of deferred tax assets/(liabilities) are as follows (in thousands):



	December 31,
	2018				2019
Net deferred tax assets/(liabilities):
Reserve for sales allowances and possible losses	$	478			$	686
Accrued expenses	938				2,381
Prepaid royalties	2,659				6,224
Accrued royalties	5,973				2,314
Inventory	10,751				10,309
State income taxes	19				17
Property and equipment	2,635				1,952
Goodwill and intangibles	11,542				9,185
Share-based compensation	773				894
Undistributed foreign earnings	(2,121		)		(1,970		)
Interest limitation	2,210				3,539
Operating lease right-of-use assets	—				(7,422		)
Operating lease liabilities	—				8,195
Federal and state net operating loss carryforwards	46,759				53,845
Credit carryforwards	1,121				909
Other	(633		)		1,706
Gross	83,104				92,764
Valuation allowance	(84,097		)		(92,778		)
Total net deferred tax liabilities	$	(993	)	*	$	(14	)	*

Significant Differences in Tax at Statutory and Effective Rates

The following reconciliation shows the significant differences in the tax at statutory and effective rates:



	Year ended December 31,
	2017		2018		2019
Federal income tax expense	35.0	%	21.0	%	21.0	%
State income tax expense, net of federal tax effect	5.0		9.7		6.1
Effect of differences in U.S. and foreign statutory rates	1.9		2.0		0.6
Uncertain tax positions	—		(0.8	)	(0.3	)
Provision to return	(0.7	)	(40.6	)	(1.6	)
Non-deductible expenses	(48.0	)	(16.9	)	(13.0	)
Other	(0.2	)	(0.6	)	(0.4	)
Foreign tax credit	20.3		—		—
Undistributed foreign earnings	57.3		4.5		0.2
Effect of change in federal statutory rate	(23.0	)	—		—
Valuation allowance	(49.6	)	14.2		(16.2	)
	(2.0	)%	(7.5	)%	(3.6	)%

Income (Loss) Before Provision for Income Tax

The components of income (loss) before provision for income taxes are as follows (in thousands):



	Year ended December 31,
	2017			2018			2019
Domestic	$	(85,288	)	$	(58,693	)	$	(61,798	)
Foreign	3,866			19,219			8,331
	$	(81,422	)	$	(39,474	)	$	(53,467	)

Effective Tax Rate

The following table provides further information of UTPs that would affect the effective tax rate, if recognized, as of December 31, 2019 (in millions):



Balance, December 31, 2016	$	2.3
Current year additions	0.1
Current year reduction due to lapse of applicable statute of limitations	(1.1		)
Balance, December 31, 2017	1.3
Current year additions	0.6
Current year reduction due to audit settlement	(0.4		)
Balance, December 31, 2018	1.5
Current year additions	0.1
Balance, December 31, 2019	$	1.6

Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, future minimum lease payments under long-term non-cancelable leases, as classified under ASC 840 were as follow:



2019	$	11,934
2020	9,699
2021	9,456
2022	9,486
2023	5,969
Thereafter	1,160
	$	47,704

Schedule of Future Minimum Lease Payments

The following table represents a reconciliation of the Company’s undiscounted future minimum lease payments under operating leases to the lease liability as of December 31, 2019 (in thousands):



Year ending December 31,
2020	$	11,111
2021	10,802
2022	10,143
2023	5,681
2024	397
Thereafter	521
Total lease payments	38,655
Less imputed interest	3,572
Total	$	35,083

Common Stock and Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Series A Preferred Stock

The following table provides a reconciliation of the beginning and ending balances of the Series A Preferred Stock, which is recorded in temporary equity:



	Year ended December 31,
	2018		2019
Balance, January 1,	$	—	$	—
Preferred stock accrued dividends	—		483
Balance, December 31,	$	—	$	483

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Financial Assets Measured at Fair Value on Recurring Basis

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 and 2019 (in thousands):



	Carrying Amount as of December 31, 2018		Fair Value Measurements As of December 31, 2018
	Carrying Amount as of December 31, 2018		Level 1		Level 2		Level 3
3.25% convertible senior notes due in 2020	$	27,974	$	—	$	—	$	27,974



	Carrying Amount as of December 31, 2019		Fair Value Measurements As of December 31, 2019
	Carrying Amount as of December 31, 2019		Level 1		Level 2		Level 3
3.25% convertible senior notes due in 2020	$	—	$	—	$	—	$	—
3.25% convertible senior notes due in 2023	50,753		—		—		50,753
Preferred stock derivative liability	5,247		—		—		5,247

Reconciliation of Beginning and Ending Balances of Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3)



3.25% convertible senior notes due in 2020	Year ended December 31,
	2018			2019
Balance at January 1,	$	22,469		$	27,974
Issuance of 3.25% convertible senior notes	8,000			—
Additions	—			7,250
Loss on extinguishment of convertible senior notes	453			10,417
Extinguishment of convertible senior notes	—			(48,170		)
Change in fair value	(2,948		)	2,529
Balance at December 31,	$	27,974		$	—



3.25% convertible senior notes due 2023	Year ended December 31,
	2018		2019
Balance at January 1,	$	—	$	—
New issuance ($29.6 million face value)	—		37,916
New issuance ($8.0 million face value)	—		10,254
Change in fair value	—		2,583
Balance at December 31,	$	—	$	50,753



Preferred stock derivative liability	Year ended December 31,
	2018		2019
Balance at January 1,	$	—	$	—
New issuance of Series A Preferred Stock ($20.0 million face value)	—		4,894
Change in fair value	—		353
Balance at December 31,	$	—	$	5,247

Commitments (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Future Annual Minimum Guaranteed Amount

Future annual minimum royalty guarantees as of December 31, 2019 are as follows (in thousands):



2020	$	39,653
2021	12,779
2022	535
2023	10
2024	20
	$	52,997



2020	$	6,948
2021	4,050
	$	10,998

Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Restricted Stock Award Activity

The following table summarizes the restricted stock award activity, annually, for the years ended December 31, 2017, 2018 and 2019:



	Restricted Stock Awards (RSA)
	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding, December 31, 2016	196,453		$	7.01
Awarded	981,208		5.15
Released	(187,224	)	7.05
Forfeited	(9,229	)	6.32
Outstanding, December 31, 2017	981,208		4.12
Awarded	2,164,374		1.88
Released	(194,800	)	5.14
Forfeited	—		—
Outstanding, December 31, 2018	2,950,782		2.41
Awarded	3,389,455		1.07
Released	(692,464	)	2.49
Forfeited	(54,704	)	1.47
Outstanding, December 31, 2019	5,593,069		1.60

Summary of RSU Award Activity

The following table summarizes the RSU award activity, annually for the years ended December 31, 2017, 2018 and 2019:



	Restricted Stock Units (RSU)
	Number of Shares		Weighted Average Grant Date Fair Value
Outstanding, December 31, 2016	—		$	—
Awarded	1,001,206		4.68
Released	—		—
Forfeited	(42,014	)	4.68
Outstanding, December 31, 2017	959,192		4.68
Awarded	357,143		1.96
Released	(125,290	)	5.15
Forfeited	(138,879	)	4.56
Outstanding, December 31, 2018	1,052,166		3.72
Awarded	1,334,312		0.77
Released	(161,486	)	3.80
Forfeited	(1,197,809	)	1.60
Outstanding, December 31, 2019	1,027,183		2.34

Total Share-Based Compensation Expense and Related Tax Benefits Recognized

The following table summarizes the total share-based compensation expense and related tax benefits recognized (in thousands):



	Year Ended December 31,
	2017		2018		2019
Share-based compensation expense	$	3,112	$	2,434	$	2,868

Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data



	2018											2019
	First Quarter			Second Quarter			Third Quarter		Fourth Quarter			First Quarter			Second Quarter			Third Quarter		Fourth Quarter
	(in thousands, except per share data)
Net sales	$	93,004		$	105,781		$	236,699	$	132,326		$	70,826		$	95,182		$	280,130	$	152,511
Gross profit	$	22,959		$	27,941		$	64,330	$	40,486		$	14,340		$	17,746		$	80,859	$	46,400
Income (loss) from operations	$	(35,658	)	$	(12,140	)	$	20,043	$	(4,418	)	$	(24,041	)	$	(18,649	)	$	35,662	$	(10,761	)
Income (loss) before provision (benefit) for income taxes	$	(38,529	)	$	(16,497	)	$	17,652	$	(2,100	)	$	(29,372	)	$	(21,896	)	$	17,430	$	(19,629	)
Net income (loss)	$	(36,193	)	$	(18,588	)	$	15,699	$	(3,343	)	$	(29,127	)	$	(22,485	)	$	16,414	$	(20,181	)
Net income (loss) attributable to JAKKS Pacific, Inc.	$	(36,244	)	$	(18,559	)	$	15,682	$	(3,247	)	$	(29,158	)	$	(22,542	)	$	16,445	$	(20,293	)
Basic earnings (loss) per share	$	(1.57	)	$	(0.80	)	$	0.68	$	(0.14	)	$	(1.24	)	$	(0.96	)	$	0.60	$	(0.70	)
Weighted average shares outstanding	23,100			23,106			23,106		23,106			23,557			23,600			27,085		29,617
Diluted earnings (loss) per share	$	(1.57	)	$	(0.80	)	$	0.38	$	(0.14	)	$	(1.24	)	$	(0.96	)	$	0.51	$	(0.70	)
Weighted average shares and equivalents outstanding	23,100			23,106			45,686		23,106			23,557			23,600			60,345		29,617

Principal Industry (Details) - USD ($)	Aug. 09, 2019	Mar. 27, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash and Cash Equivalents [Line Items]
Long term debt, face amount			$ 52,658,000	$ 140,974,000
Cash, cash equivalents, including restricted cash			66,286,000	58,205,000	$ 64,977,000	$ 86,064,000
Outside the United States
Cash and Cash Equivalents [Line Items]
Cash, cash equivalents, including restricted cash			27,000,000	33,900,000
First Lien Term Loan Facility Credit Agreement \| Secured Debt
Cash and Cash Equivalents [Line Items]
debt outstanding			134,800,000
New Term Loan Agreement \| Secured Debt
Cash and Cash Equivalents [Line Items]
debt outstanding			$ 122,482,000	$ 0
Covenant, EBITDA requirement	$ 34,000,000
Minimum liquidity requirement	$ 10,000,000
Subsequent Event \| PPP Loan
Cash and Cash Equivalents [Line Items]
Long term debt, face amount		$ 10,000,000.0

Summary of Significant Accounting Policies - Additional Information (Detail)			1 Months Ended				12 Months Ended
	Nov. 01, 2018 $ / shares	Jul. 26, 2018 USD ($)	Aug. 31, 2019 USD ($)	Aug. 31, 2017 USD ($)	Jun. 30, 2014 USD ($) $ / shares	Jul. 31, 2013 USD ($) $ / shares	Dec. 31, 2019 USD ($) $ / shares shares	Dec. 31, 2018 USD ($) shares	Dec. 31, 2017 USD ($) shares	Aug. 09, 2019 USD ($)	Jan. 01, 2019 USD ($)	Aug. 01, 2018 USD ($)	Nov. 07, 2017	Oct. 31, 2016
Significant Accounting Policies [Line Items]
Contract assets							$ 0
Sales commissions amortization period (less than)							1 year
Reserve for sales returns and allowances							$ 38,400,000	$ 29,400,000
Long term debt, face amount							52,658,000	140,974,000
Inventory Valuation Reserves							12,900,000	12,800,000
Depreciation expense							12,900,000	12,200,000	$ 13,000,000
Loss on disposal of tools							972,000	0	0
Advertising expenses							$ 13,800,000	$ 13,700,000	$ 10,800,000
Stock repurchased (in shares) \| shares							3,112,840
Share price (in dollars per share) \| $ / shares							$ 7.71
Stock repurchased							$ 24,000,000
Total							35,083,000
Operating lease right-of-use assets, net							$ 32,081,000
Convertible Senior Notes
Significant Accounting Policies [Line Items]
Potentially dilutive securities excluded from computation of diluted earnings per common share (in shares) \| shares							29,074,975	21,606,816	18,272,906
Options and warrants
Significant Accounting Policies [Line Items]
Potentially dilutive securities excluded from computation of diluted earnings per common share (in shares) \| shares							0	0	1,062,500
Restricted Stock
Significant Accounting Policies [Line Items]
Potentially dilutive securities excluded from computation of diluted earnings per common share (in shares) \| shares							1,423,500	1,130,233	312,663
Minimum
Significant Accounting Policies [Line Items]
Discount on invoiced amount of products							1.00%
Maximum
Significant Accounting Policies [Line Items]
Discount on invoiced amount of products							20.00%
Molds and tools
Significant Accounting Policies [Line Items]
Property and equipment useful life							3 years
Impairment charges							$ 0	$ 0	$ 0
After Modification Senior Notes (due 2018) \| Oasis Management and Oasis Investments ll Master Fund Ltd.
Significant Accounting Policies [Line Items]
Debt instrument, interest rate													3.25%
4.25% Convertible Senior Notes Due 2018
Significant Accounting Policies [Line Items]
Long term debt, face amount						$ 100,000,000.0
Debt instrument, interest rate		4.25%		4.25%		4.25%	4.25%
Debt conversion ratio						0.1143674
Debt instrument, conversion price (in dollars per share) \| $ / shares						$ 8.74
3.25% Convertible Senior Notes Due 2020
Significant Accounting Policies [Line Items]
Long term debt, face amount		$ 8,000,000.0					$ 0	27,974,000
Debt instrument, interest rate		3.25%					3.25%
3.25% Convertible Senior Notes Due 2020 \| Oasis Management and Oasis Investments ll Master Fund Ltd.
Significant Accounting Policies [Line Items]
Long term debt, face amount		$ 8,000,000	$ 21,600,000	$ 21,600,000
Debt instrument, conversion price (in dollars per share) \| $ / shares	$ 2.54
3.25% Convertible Senior Notes Due 2023
Significant Accounting Policies [Line Items]
Joint venture, ownership percentage			49.00%
Long term debt, face amount							$ 50,753,000	0
Debt instrument, interest rate		3.25%	3.25%				3.25%
Debt conversion ratio			1.00
Interest rate if paid in cash			3.25%
Interest rate if paid in stock			5.00%
Paid in kind interest rate			2.75%
Debt conversion price, percentage			105.00%
3.25% Convertible Senior Notes Due 2023 \| Oasis Management and Oasis Investments ll Master Fund Ltd.
Significant Accounting Policies [Line Items]
Long term debt, face amount			$ 8,000,000
4.875% Convertible Senior Notes Due 2020
Significant Accounting Policies [Line Items]
Long term debt, face amount					$ 115,000,000		$ 1,905,000	113,000,000		$ 113,000,000
Debt instrument, interest rate			4.875%		4.875%		4.875%
Debt conversion ratio					0.1037613
Debt instrument, conversion price (in dollars per share) \| $ / shares					$ 9.64
Convertible senior note payable, fair value							$ 1,700,000	93,200,000
Accounting Standards Update 2016-02
Significant Accounting Policies [Line Items]
Total											$ 40,800,000
Operating lease right-of-use assets, net											37,600,000
Deferred rent liabilities											4,300,000
Prepaid rent											$ 1,100,000
Joint Venture With Meisheng Culture & Creative Corp.
Significant Accounting Policies [Line Items]
Joint venture, ownership percentage							51.00%							50.00%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| After Modification Senior Notes (due 2018)
Significant Accounting Policies [Line Items]
Long term debt, face amount				$ 21,600,000.0
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 4.25% Convertible Senior Notes Due 2018
Significant Accounting Policies [Line Items]
Debt instrument, interest rate				4.25%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2020
Significant Accounting Policies [Line Items]
Long term debt, face amount		$ 8,000,000		$ 21,600,000			$ 0	29,600,000.0
Debt conversion ratio	0.3937008	0.3222688		0.3280302
Debt instrument, conversion price (in dollars per share) \| $ / shares	$ 2.54
Debt instrument, amount redeemed												$ 13,200,000
Debt conversion price, percentage	105.00%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Significant Accounting Policies [Line Items]
Long term debt, face amount			$ 8,000,000.0				$ 37,600,000	$ 0

Summary of Significant Accounting Policies - Inventory Valued at Lower of Cost (First-in, First-out) or Market, Net of Inventory Obsolescence Reserve (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Raw materials	$ 144	$ 311
Finished goods	54,115	53,569
Inventory, net	54,259	53,880
Inventory obsolescense reserve	$ 12,900	$ 12,800

Summary of Significant Accounting Policies - Property and Equipment, Estimated Useful Lives (Detail)	12 Months Ended
	Dec. 31, 2019
Office equipment
Finite-Lived Intangible Assets [Line Items]
Property and equipment useful life	5 years
Automobiles
Finite-Lived Intangible Assets [Line Items]
Property and equipment useful life	5 years
Furniture and fixtures \| Minimum
Finite-Lived Intangible Assets [Line Items]
Property and equipment useful life	5 years
Furniture and fixtures \| Maximum
Finite-Lived Intangible Assets [Line Items]
Property and equipment useful life	7 years
Leasehold improvements \| Maximum
Finite-Lived Intangible Assets [Line Items]
Property and equipment useful life	10 years

Summary of Significant Accounting Policies - Reconciliation of Weighted Average Shares Used in Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Net loss	$ (20,181)	$ 16,414	$ (22,485)	$ (29,127)	$ (3,343)	$ 15,699	$ (18,588)	$ (36,193)	$ (55,379)	$ (42,425)	$ (83,028)
Net income (loss) attributable to non-controlling interests									169	(57)	57
Net loss attributable to JAKKS Pacific, Inc.	$ (20,293)	$ 16,445	$ (22,542)	$ (29,158)	$ (3,247)	$ 15,682	$ (18,559)	$ (36,244)	(55,548)	(42,368)	(83,085)
Preferred stock dividend									(483)	0	0
Net loss attributable to common stockholders									$ (56,031)	$ (42,368)	$ (83,085)
Weighted average common shares outstanding - basic and diluted (in shares)									25,980	23,104	21,341
Loss per share available to common stockholders - basic and diluted (in dollars per share)									$ (2.16)	$ (1.83)	$ (3.89)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

Business Segments, Geographic Data, and Sales by Major Customers - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019 USD ($) segment	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Segment Reporting Information [Line Items]
Number of reporting segments \| segment	3
Long-lived Assets	$ 15,259	$ 20,902
Provision for doubtful accounts	864	9,586	$ 11,803
Toys R Us
Segment Reporting Information [Line Items]
Provision for doubtful accounts	$ (900)	$ 9,600	$ 11,800
Net Accounts Receivable \| Wal-Mart and Target \| Customer Concentration Risk
Segment Reporting Information [Line Items]
Concentration risk percentage	56.90%	61.40%
China
Segment Reporting Information [Line Items]
Long-lived Assets	$ 11,461	$ 15,825
Molds and tools \| China
Segment Reporting Information [Line Items]
Long-lived Assets	$ 11,400	$ 15,800

Business Segments, Geographic Data, and Sales by Major Customers - Information by Segment and Reconciliation to Reported Amounts (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Net sales	$ 152,511	$ 280,130	$ 95,182	$ 70,826	$ 132,326	$ 236,699	$ 105,781	$ 93,004	$ 598,649	$ 567,810	$ 613,111
Loss from Operations	(10,761)	$ 35,662	$ (18,649)	$ (24,041)	(4,418)	$ 20,043	$ (12,140)	$ (35,658)	(17,789)	(32,173)	(64,158)
Depreciation and amortization									17,634	17,081	21,003
Assets	365,222				342,841				365,222	342,841
U.S. and Canada
Segment Reporting Information [Line Items]
Net sales									384,585	364,313	406,411
Loss from Operations									(2,121)	(11,693)	(35,720)
Depreciation and amortization									13,130	12,553	15,286
Assets	254,124				223,877				254,124	223,877
International
Segment Reporting Information [Line Items]
Net sales									94,453	101,873	107,231
Loss from Operations									(6,007)	(8,706)	(13,184)
Depreciation and amortization									3,097	3,449	4,079
Assets	102,460				108,669				102,460	108,669
Halloween
Segment Reporting Information [Line Items]
Net sales									119,611	101,624	99,469
Loss from Operations									(9,661)	(11,774)	(15,254)
Depreciation and amortization									1,407	1,079	$ 1,638
Assets	$ 8,638				$ 10,295				$ 8,638	$ 10,295

Business Segments, Geographic Data, and Sales by Major Customers - Information by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	$ 15,259				$ 20,902				$ 15,259	$ 20,902
Net sales	152,511	$ 280,130	$ 95,182	$ 70,826	132,326	$ 236,699	$ 105,781	$ 93,004	598,649	567,810	$ 613,111
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	11,461				15,825				11,461	15,825
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	3,556				4,920				3,556	4,920
Net sales									481,309	439,979	479,133
Hong Kong
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	$ 242				$ 157				242	157
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									65,557	69,646	71,094
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									19,937	21,923	21,882
Latin America
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									11,415	17,827	21,157
Asia
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									10,112	8,504	6,514
Australia and New Zealand
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									7,870	5,937	6,503
Middle East and Africa
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									$ 2,449	$ 3,994	$ 6,828

Business Segments, Geographic Data, and Sales by Major Customers - Net Sales to Major Customers (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenue, Major Customer [Line Items]
Net sales	$ 152,511	$ 280,130	$ 95,182	$ 70,826	$ 132,326	$ 236,699	$ 105,781	$ 93,004	$ 598,649	$ 567,810	$ 613,111
Wal-Mart
Revenue, Major Customer [Line Items]
Net sales									177,063	143,587	156,436
Target
Revenue, Major Customer [Line Items]
Net sales									124,709	122,141	108,799
Toys R Us
Revenue, Major Customer [Line Items]
Net sales											69,508
Major Customer
Revenue, Major Customer [Line Items]
Net sales									$ 301,772	$ 265,728	$ 334,743
Net Sales \| Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer									50.40%	46.80%	54.60%
Net Sales \| Wal-Mart \| Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer									29.60%	25.30%	25.50%
Net Sales \| Target \| Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer									20.80%	21.50%	17.80%
Net Sales \| Toys R Us \| Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer											11.30%

Joint Ventures (Detail) shares in Millions	1 Months Ended	3 Months Ended	12 Months Ended
Joint Ventures (Detail) shares in Millions	Sep. 30, 2012 USD ($) shares	Sep. 30, 2017 USD ($)	Dec. 31, 2019 USD ($) project	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)	Apr. 27, 2017	Oct. 31, 2016	Dec. 31, 2012 USD ($)
Schedule of Equity Method Investments [Line Items]
Write-off of investment in DreamPlay, LLC			$ 0	$ 0	$ 7,000,000
Net income (loss) attributable to non-controlling interests			$ 169,000	(57,000)	57,000
Pacific Animation Partners Joint Venture
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture			50.00%
Number of episodes for which production completed \| project			65
Equity in net income/(loss) of joint venture			$ 0	22,000	16,000
Joint venture balance			$ 0	0
DreamPlay Toys
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture	50.00%
Cash paid to acquire interest in joint venture	$ 8,000,000
DreamPlay, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture								5.00%
Cash paid to acquire interest in joint venture	$ 7,000,000
Write-off of investment in DreamPlay, LLC		$ 7,000,000
China Joint Venture
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture			51.00%
Net income (loss) attributable to non-controlling interests			$ 169,000	(57,000)	57,000
Hong Kong Meisheng Cultural Co
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture							50.00%
Net income (loss) attributable to non-controlling interests			$ 0	$ 0
Technology Rights \| DreamPlay Toys
Schedule of Equity Method Investments [Line Items]
Write-off of investment in DreamPlay, LLC		$ 2,900,000
NantWorks \| DreamPlay Toys
Schedule of Equity Method Investments [Line Items]
Joint venture balance								$ 7,000,000
Issue of warrants (in shares) \| shares	1.5
Hong Kong Meisheng Cultural Co
Schedule of Equity Method Investments [Line Items]
Net income (loss) attributable to non-controlling interests					$ 0
JAKKS Pacific \| Hong Kong Meisheng Cultural Co \| Minimum
Schedule of Equity Method Investments [Line Items]
Ownership percentage			10.00%			10.00%

Business Combinations - Additional Information (Detail) $ in Millions	1 Months Ended
	Oct. 31, 2016 USD ($)
C'est Moi brand
Potential Acquisitions [Line Items]
Cash paid for intangible assets	$ 0.3

Goodwill - Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Balance at beginning of the period	$ 43,371	$ 43,672
Adjustments to goodwill for foreign currency translation	0	(301)
Balance at ending of the period	43,371	43,371
Accumulated impairment losses	(8,288)	(8,288)	$ (8,288)
Goodwill	35,083	35,083	35,384
U.S. and Canada
Goodwill [Roll Forward]
Balance at beginning of the period	29,654	29,857
Adjustments to goodwill for foreign currency translation	0	(203)
Balance at ending of the period	29,654	29,654
Accumulated impairment losses	(6,053)	(6,053)	(6,053)
Goodwill	23,601	23,601	23,804
International
Goodwill [Roll Forward]
Balance at beginning of the period	11,482	11,580
Adjustments to goodwill for foreign currency translation	0	(98)
Balance at ending of the period	11,482	11,482
Accumulated impairment losses	0	0	0
Goodwill	11,482	11,482	11,580
Halloween
Goodwill [Roll Forward]
Balance at beginning of the period	2,235	2,235
Adjustments to goodwill for foreign currency translation	0	0
Balance at ending of the period	2,235	2,235
Accumulated impairment losses	(2,235)	(2,235)	(2,235)
Goodwill	$ 0	$ 0	$ 0

Goodwill - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
Goodwill - Additional Information (Detail) - USD ($)	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment	$ 0	$ 0	$ 0	$ 8,288,000

- Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Acquired Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 31,328	$ 60,340
Accumulated Amortization	(28,140)	(43,028)
Net Amount	3,188	17,312
Trademarks, net	$ 300	300
Licenses
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	2121 days
Gross Carrying Amount	$ 20,130	20,130
Accumulated Amortization	(19,988)	(19,383)
Net Amount	$ 142	747
Product lines
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	3781 days
Gross Carrying Amount	$ 4,846	33,858
Accumulated Amortization	(1,800)	(17,293)
Net Amount	$ 3,046	16,565
Customer relationships
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	1789 days
Gross Carrying Amount	$ 3,152	3,152
Accumulated Amortization	(3,152)	(3,152)
Net Amount	$ 0	0
Trade names
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	1825 days
Gross Carrying Amount	$ 3,000	3,000
Accumulated Amortization	(3,000)	(3,000)
Net Amount	$ 0	0
Non-compete agreements
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	1825 days
Gross Carrying Amount	$ 200	200
Accumulated Amortization	(200)	(200)
Net Amount	$ 0	$ 0

Intangible Assets Other Than Goodwill - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Impairment charges	$ 9,379	$ 0	$ 5,248
Amortization expense	$ 4,700	$ 4,900	8,000
Technology Rights \| DreamPlay Toys
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Impairment charges			2,900
Trademarks and Trade Names
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Impairment charges			$ 2,300

Intangible Assets Other Than Goodwill - Future Amortization Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 1,158
2021	1,015
2022	1,015
Net Amount	$ 3,188	$ 17,312

Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Royalties	$ 14,061	$ 10,245
Inventory liabilities	7,954	7,084
Interest expense	4,535	878
Salaries and employee benefits	3,017	2,891
Bonuses	2,115	1,671
Goods in transit	1,664	1,072
Unclaimed property liability	1,200	0
Sales commissions	669	398
Bonuses	570	1,152
Unearned revenue	557	561
Other	3,173	3,962
Accrued expenses	$ 39,515	$ 29,914

Related Party Transactions - Additional Information (Detail) - USD ($)			1 Months Ended			2 Months Ended	12 Months Ended
	Aug. 09, 2019	Apr. 27, 2017	Jan. 31, 2019	Jul. 31, 2018	Jan. 31, 2018	Feb. 28, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Aug. 31, 2019	Jul. 26, 2018	Aug. 31, 2017	Oct. 31, 2016	Jul. 31, 2013
Related Party Transaction [Line Items]
Net income (loss) attributable to non-controlling interests							$ 169,000	$ (57,000)	$ 57,000
Common stock issued (in shares)	5,853,002
Common stock issued, value	$ 4,200,000						4,214,000
Long term debt, face amount							52,658,000	140,974,000
3.25% Convertible Senior Notes Due 2020
Related Party Transaction [Line Items]
Long term debt, face amount							$ 0	27,974,000				$ 8,000,000.0
Debt instrument, interest rate							3.25%					3.25%
4.25% Convertible Senior Notes Due 2018
Related Party Transaction [Line Items]
Long term debt, face amount															$ 100,000,000.0
Debt instrument, interest rate							4.25%					4.25%	4.25%		4.25%
3.25% Convertible Senior Notes Due 2023
Related Party Transaction [Line Items]
Joint venture, ownership percentage											49.00%
Long term debt, face amount							$ 50,753,000	$ 0
Debt instrument, interest rate							3.25%				3.25%	3.25%
Interest rate if paid in cash											3.25%
Interest rate if paid in stock											5.00%
Paid in kind interest rate											2.75%
Non-employee directors
Related Party Transaction [Line Items]
Restricted stock issued (in shares)		13,319	328,230		249,480	94,102	54,704	41,580
Restricted stock issued, value		$ 100,000	$ 500,000		$ 600,000	$ 500,000	$ 100,000
Hong Kong Meisheng Cultural Co
Related Party Transaction [Line Items]
Net income (loss) attributable to non-controlling interests									0
Hong Kong Meisheng Cultural Co \| Non-employee directors
Related Party Transaction [Line Items]
Restricted stock issued (in shares)		13,319
Restricted stock issued, value		$ 100,000
Related Party Transactions
Related Party Transaction [Line Items]
Legal fees and expenses							1,500,000	$ 1,300,000	2,200,000
Legal fees and reimbursable expense, payable							100,000	200,000
Nantworks
Related Party Transaction [Line Items]
Due to related party										$ 1,200,000
Renewal fee paid										800,000
Renewal fee payable, each period										$ 200,000
Related party, receivable							0	0
Rent expense							0
Rent expense including common area maintenance and parking								0	0
China Joint Venture
Related Party Transaction [Line Items]
Net income (loss) attributable to non-controlling interests							$ 169,000	(57,000)	$ 57,000
Joint venture, ownership percentage							51.00%
Hong Kong Meisheng Cultural Co
Related Party Transaction [Line Items]
Net income (loss) attributable to non-controlling interests							$ 0	0
Joint venture, ownership percentage														50.00%
Joint Venture With Meisheng Culture & Creative Corp.
Related Party Transaction [Line Items]
Joint venture, ownership percentage							51.00%							50.00%
Hong Kong Meisheng Cultural Co \| Affiliated Entity
Related Party Transaction [Line Items]
Due to related party							$ 18,100,000	3,600,000
Inventory related payments made to related party							94,300,000	36,200,000
Hong Kong Affiliate, China Joint Venture Partner \| Affiliated Entity
Related Party Transaction [Line Items]
Common stock issued (in shares)		3,660,891
Common stock issued, value		$ 19,300,000
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2020
Related Party Transaction [Line Items]
Long term debt, face amount							0	29,600,000.0				$ 8,000,000	$ 21,600,000
Common stock shares issued upon conversion of debt instrument, value				$ 8,000,000
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 4.25% Convertible Senior Notes Due 2018
Related Party Transaction [Line Items]
Debt instrument, interest rate													4.25%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| After Modification Senior Notes (due 2018)
Related Party Transaction [Line Items]
Long term debt, face amount													$ 21,600,000.0
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Related Party Transaction [Line Items]
Long term debt, face amount							37,600,000	$ 0			$ 8,000,000.0
Benefit Street Partners
Related Party Transaction [Line Items]
Long term debt, face amount							$ 25,800,000.0
Debt instrument, interest rate							10.50%
Interest rate if paid in cash							8.00%
Paid in kind interest rate							2.50%
Axar Capital Management
Related Party Transaction [Line Items]
Long term debt, face amount							$ 26,300,000.0
Debt instrument, interest rate							10.50%
Interest rate if paid in cash							8.00%
Paid in kind interest rate							2.50%
JAKKS Pacific \| Hong Kong Meisheng Cultural Co \| Minimum
Related Party Transaction [Line Items]
Ownership percentage		10.00%					10.00%
JAKKS Pacific \| Nantworks \| NantWorks
Related Party Transaction [Line Items]
Ownership percentage							5.00%

Credit Facility - Schedule of Credit Facilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Debt Issuance Costs	$ 0	$ 1,182
Net Amount	1,905	27,211
GECC
Line of Credit Facility [Line Items]
Principal Amount	0	7,500
Debt Issuance Costs	0	0
Net Amount	0	7,500
Credit Facilities
Line of Credit Facility [Line Items]
Principal Amount	0	27,500
Debt Issuance Costs	0	289
Net Amount	0	27,211
Great American Capital Partners Finance Co LLC \| Term Loan Agreement
Line of Credit Facility [Line Items]
Principal Amount	0	20,000
Debt Issuance Costs	0	289
Net Amount	$ 0	$ 19,711

Credit Facility - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Aug. 31, 2019	Aug. 09, 2019	Jun. 14, 2018	Mar. 31, 2014
Line of Credit Facility [Line Items]
Loss on extinguishment of debt		$ (13,205,000)	$ (453,000)	$ (611,000)
Debt issuance costs						$ 1,100,000	$ 1,300,000
Amortization expense debt issuance		600,000	900,000
GECC
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity		41,800,000	40,700,000					$ 75,000,000
Amount of credit facility outstanding		0	7,500,000.0
Stand by letters of credit outstanding amount		$ 9,200,000	$ 12,800,000
Rate of credit facility		4.53%	5.53%
Amended ABL Credit Agreement
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity					$ 60,000,000
Fixed charge coverage ratio						110.00%
Minimum liquidity requirement		$ 25,000,000
Minimum availability		$ 9,000,000
Amended ABL Credit Agreement \| Minimum \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Applicable margin spread over base rate		1.50%
Amended ABL Credit Agreement \| Minimum \| Base Rate
Line of Credit Facility [Line Items]
Applicable margin spread over base rate		0.50%
Amended ABL Credit Agreement \| Maximum \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Applicable margin spread over base rate		2.00%
Amended ABL Credit Agreement \| Maximum \| Base Rate
Line of Credit Facility [Line Items]
Applicable margin spread over base rate		1.00%
4.25% Convertible Senior Notes Due 2018
Line of Credit Facility [Line Items]
Loss on extinguishment of debt	$ 100,000
Letter of Credit \| 4.25% Convertible Senior Notes Due 2018
Line of Credit Facility [Line Items]
Line of credit								$ 35,000,000
Great American Capital Partners Finance Co LLC \| Term Loan Agreement
Line of Credit Facility [Line Items]
Line of credit			$ 20,000,000.0				$ 20,000,000
Percentage of principal amount redeemed		10.00%
Weighted average interest rate		11.50%	11.10%
Loss on extinguishment of debt		$ 400,000
Great American Capital Partners Finance Co LLC \| Term Loan Agreement \| London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Applicable margin spread over base rate		9.00%
Year One \| Great American Capital Partners Finance Co LLC \| Term Loan Agreement
Line of Credit Facility [Line Items]
Debt prepayment percentage		2.00%
Year Two \| Great American Capital Partners Finance Co LLC \| Term Loan Agreement
Line of Credit Facility [Line Items]
Debt prepayment percentage		2.00%
Year Three \| Great American Capital Partners Finance Co LLC \| Term Loan Agreement
Line of Credit Facility [Line Items]
Debt prepayment percentage		1.00%

Debt - Summary of Convertible Senior Notes (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Aug. 31, 2019	Aug. 09, 2019	Jul. 26, 2018	Aug. 31, 2017	Jun. 30, 2014
Debt Instrument [Line Items]
Principal/ Fair Value Amount	$ 52,658,000	$ 140,974,000
Debt Issuance Costs	0	1,182,000
Net Amount	52,658,000	139,792,000
Payment-in-kind interest	1,725,000	0	$ 0
4.875% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Principal/ Fair Value Amount	1,905,000	113,000,000			$ 113,000,000			$ 115,000,000
Debt Issuance Costs	0	1,182,000
Net Amount	$ 1,905,000	111,818,000
Debt instrument, interest rate	4.875%			4.875%				4.875%
3.25% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Principal/ Fair Value Amount	$ 0	27,974,000				$ 8,000,000.0
Debt Issuance Costs	0	0
Net Amount	$ 0	27,974,000
Debt instrument, interest rate	3.25%					3.25%
3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Principal/ Fair Value Amount	$ 50,753,000	0
Debt Issuance Costs	0	0
Net Amount	$ 50,753,000	0
Debt instrument, interest rate	3.25%			3.25%		3.25%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Principal/ Fair Value Amount	$ 0	29,600,000.0				$ 8,000,000	$ 21,600,000
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Principal/ Fair Value Amount	37,600,000	$ 0		$ 8,000,000.0
Payment-in-kind interest	$ 400,000

Debt - Additional Information (Detail)					1 Months Ended							2 Months Ended	3 Months Ended			12 Months Ended
Debt - Additional Information (Detail)	Feb. 09, 2020	Aug. 09, 2019 USD ($)	Nov. 01, 2018 $ / shares	Jul. 26, 2018 USD ($)	Aug. 31, 2019 USD ($) $ / shares	Nov. 30, 2017 USD ($)	Aug. 31, 2017 USD ($)	Jun. 30, 2017 USD ($) shares	Jan. 31, 2016 USD ($)	Jun. 30, 2014 USD ($) $ / shares	Jul. 31, 2013 USD ($) $ / shares	Feb. 28, 2017 USD ($) shares	Dec. 31, 2018 USD ($) $ / shares	Jun. 30, 2017 USD ($) shares	Mar. 31, 2017 USD ($) shares	Dec. 31, 2019 USD ($) $ / shares	Dec. 31, 2018 USD ($) $ / shares	Dec. 31, 2017 USD ($) shares	Dec. 31, 2016 USD ($)	Aug. 01, 2018 USD ($)	Jun. 14, 2018 USD ($)
Debt Instrument [Line Items]
Long term debt, face amount													$ 140,974,000			$ 52,658,000	$ 140,974,000
Payment for repurchase of convertible notes																0	0	$ 35,614,000
Gain recognized on retirement of debt																$ (13,205,000)	$ (453,000)	(611,000)
Common stock, par value (in dollars per share) \| $ / shares													$ 0.001			$ 0.001	$ 0.001
Change in fair value of convertible senior notes																$ (5,112,000)	$ 2,948,000	(308,000)
Convertible senior notes payable, fair value													$ 139,792,000			52,658,000	139,792,000
Debt issuance costs		$ 1,100,000																			$ 1,300,000
Amortization of debt discount																$ 1,077,000	0	0
4.25% Convertible Senior Notes Due 2018
Debt Instrument [Line Items]
Long term debt, face amount											$ 100,000,000.0
Debt instrument, interest rate				4.25%			4.25%				4.25%					4.25%
Debt instrument, conversion price (in dollars per share) \| $ / shares											$ 8.74
Debt instrument repurchase amount								$ 12,000,000						$ 12,000,000	$ 39,100,000				$ 6,100,000
Write-off of debt issuance costs														100,000					$ 100,000
Payment for repurchase of convertible notes								11,600,000							$ 24,100,000
Debt instrument shares common stock issued upon conversion (in shares) \| shares															2,900,000
Gain recognized on retirement of debt														100,000
Debt conversion ratio											0.1143674
Amortization of debt discount																$ 0	103,000	$ 844,000
4.25% Convertible Senior Notes Due 2018 \| Common Stock
Debt Instrument [Line Items]
Debt instrument repurchase amount								$ 11,600,000				$ 39,100,000		$ 11,600,000
Debt instrument shares common stock issued upon conversion (in shares) \| shares								112,400				2,865,000		112,400				3,000,000
3.25% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Long term debt, face amount				$ 8,000,000.0									27,974,000			$ 0	27,974,000
Debt instrument, interest rate				3.25%												3.25%
Convertible senior notes payable, fair value													27,974,000			$ 0	27,974,000
Amortization of debt discount																0	0	$ 0
3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Long term debt, face amount													0			$ 50,753,000	0
Debt instrument, interest rate				3.25%	3.25%											3.25%
Debt prepayment percentage					105.00%
Interest rate if paid in cash					3.25%
Interest rate if paid in stock					5.00%
Paid in kind interest rate					2.75%
Debt conversion ratio					1.00
Threshold percentage of stock price trigger					30.00%
Threshold percentage of market price trigger					150.00%
Percentage of ownership interest in joint venture					49.00%
Change in fair value of convertible senior notes																$ (2,500,000)	2,900,000	(300,000)
Convertible senior notes payable, fair value													0			50,753,000	0
Amortization of debt discount																0	0	0
4.875% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Long term debt, face amount		113,000,000								$ 115,000,000			113,000,000			$ 1,905,000	113,000,000
Debt instrument, interest rate					4.875%					4.875%						4.875%
Debt instrument, conversion price (in dollars per share) \| $ / shares										$ 9.64
Debt instrument repurchase amount									$ 2,000,000
Write-off of debt issuance costs		700,000							100,000
Gain recognized on retirement of debt		2,400,000							$ 100,000
Debt conversion ratio										0.1037613
Convertible senior notes payable, fair value													111,818,000			$ 1,905,000	111,818,000
Fair value of debt outstanding		111,100,000											113,000,000			1,900,000	113,000,000
Debt refinanced, exchanged into similar debt instruments		103,800,000
Amount of accrued interest refinanced		1,000,000
Amount of debt exchanged into a new debt instrument		$ 7,300,000
Convertible senior note payable, fair value													93,200,000			1,700,000	93,200,000
Amortization of debt discount																460,000	789,000	$ 789,000
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 4.25% Convertible Senior Notes Due 2018
Debt Instrument [Line Items]
Debt instrument, interest rate							4.25%
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Long term debt, face amount				$ 8,000,000			$ 21,600,000						29,600,000.0			0	29,600,000.0
Debt instrument, conversion price (in dollars per share) \| $ / shares			$ 2.54
Gain recognized on retirement of debt						$ (500,000)							(600,000)
Debt prepayment percentage			105.00%
Debt instrument, amount redeemed																				$ 13,200,000
Debt conversion ratio			0.3937008	0.3222688			0.3280302
Oasis Management and Oasis Investments ll Master Fund Ltd. \| After Modification Senior Notes (due 2018)
Debt Instrument [Line Items]
Long term debt, face amount							$ 21,600,000.0
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Long term debt, face amount					$ 8,000,000.0								0			37,600,000	0
Gain recognized on retirement of debt					$ 10,400,000
Common stock, par value (in dollars per share) \| $ / shares					$ 0.001
Change in fair value of convertible senior notes																2,600,000
Secured Debt \| New Term Loan Agreement
Debt Instrument [Line Items]
Debt instrument, interest rate		10.50%
Interest rate if paid in cash		8.00%
Paid in kind interest rate		2.50%
Fair value of debt outstanding													$ 0			134,801,000	$ 0
Line of credit facility maximum borrowing capacity		$ 134,800,000
Covenant, EBITDA requirement		34,000,000
Minimum liquidity requirement		10,000,000
Debt issuance costs		3,800,000
Amortization of debt discount																400,000
Secured Debt \| 2019 New Term Loan Agreement
Debt Instrument [Line Items]
Debt issuance costs		$ 10,100,000
Amortization of debt discount																$ 1,100,000
Subsequent Event \| 3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Debt conversion ratio	1.00

Debt - Key Component of Convertible Senior Notes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Amortization of debt issuance costs recognized as interest expense	$ 1,077	$ 0	$ 0
3.25% Convertible Senior Notes Due 2023
Debt Instrument [Line Items]
Contractual interest expense	899	0	0
Amortization of debt issuance costs recognized as interest expense	0	0	0
Interest Expense, Debt, Total	899	0	0
4.875% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Contractual interest expense	3,370	5,509	5,509
Amortization of debt issuance costs recognized as interest expense	460	789	789
Interest Expense, Debt, Total	3,830	6,298	6,298
4.25% Convertible Senior Notes Due 2018
Debt Instrument [Line Items]
Contractual interest expense	0	373	2,184
Amortization of debt issuance costs recognized as interest expense	0	103	844
Interest Expense, Debt, Total	0	476	3,028
3.25% Convertible Senior Notes Due 2020
Debt Instrument [Line Items]
Contractual interest expense	580	815	103
Amortization of debt issuance costs recognized as interest expense	0	0	0
Interest Expense, Debt, Total	$ 580	$ 815	$ 103

Debt - Schedule of Term Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Debt Discount/ Issuance Costs	$ 0	$ (1,182)
Secured Debt \| New Term Loan Agreement
Debt Instrument [Line Items]
Principal Amount	134,801	0
Debt Discount/ Issuance Costs	(12,319)	0
Net Amount	122,482	$ 0
Accrued paid-in-kind interest	$ 1,300

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Provision for income taxes	$ 1,912,000	$ 2,951,000	$ 1,606,000
Effective income tax rate	(3.60%)	(7.50%)	(2.00%)
Effective income tax rate, exclusive of discrete items	(3.10%)	(9.60%)	(2.80%)
Discrete tax benefit (expenses)	$ 200,000
Net deferred tax liabilities	14,000	$ 993,000
Recognized UTP	100,000	600,000	$ 100,000
De-recognized UTP		400,000
Interest expense relating to UTPs	40,000	100,000
Valuation allowance	92,778,000	$ 84,097,000
Valuation allowance increase	8,700,000
U.S. Federal net operating loss carryforwards	164,100,000
State Of California
Income Taxes [Line Items]
State operating loss carryforwards	209,300,000
Foreign Tax Authority
Income Taxes [Line Items]
Foreign tax credit carryforwards	100,000
Internal Revenue Service (IRS) \| Research Tax Credit Carryforward
Income Taxes [Line Items]
Research and development tax credit carryforwards	500,000
State and Local Jurisdiction \| Research Tax Credit Carryforward
Income Taxes [Line Items]
Research and development tax credit carryforwards	$ 100,000

Income Taxes - Provision (Benefit) for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal	$ (212)	$ (1,475)	$ 550
State and local	66	62	51
Foreign	3,037	4,154	2,256
Total Current	2,891	2,741	2,857
Deferred	(1,205)	210	(1,251)
Deferred	(979)
Total	$ 1,912	$ 2,951	$ 1,606

Income Taxes - Components of Deferred Tax Assets/(Liabilities) (Detail) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Reserve for sales allowances and possible losses	$ 686,000	$ 478,000
Accrued expenses	2,381,000	938,000
Prepaid royalties	6,224,000	2,659,000
Accrued royalties	2,314,000	5,973,000
Inventory	10,309,000	10,751,000
State income taxes	17,000	19,000
Property and equipment	1,952,000	2,635,000
Goodwill and intangibles	9,185,000	11,542,000
Share-based compensation	894,000	773,000
Share-based compensation	(1,970,000)	(2,121,000)
Interest limitation	3,539,000	2,210,000
Operating lease right-of-use assets	(7,422,000)
Operating lease liabilities	8,195,000
Federal and state net operating loss carryforwards	53,845,000	46,759,000
Credit carryforwards	909,000	1,121,000
Deferred Tax Liabilities, Other		(633,000)
Other	1,706,000
Gross	92,764,000	83,104,000
Valuation allowance	(92,778,000)	(84,097,000)
Total net deferred tax liabilities	(14,000)	(993,000)
Deferred income tax liabilities	226,000	1,431,000
Other Long Term Assets
Operating Loss Carryforwards [Line Items]
Deferred tax assets	$ 212,000	$ 438,000

Income Taxes - Reconciliation for Significant Differences in Tax at Statutory and Effective Rates (Detail)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal income tax expense	21.00%	21.00%	35.00%
State income tax expense, net of federal tax effect	6.10%	9.70%	5.00%
Effect of differences in U.S. and foreign statutory rates	0.60%	2.00%	1.90%
Uncertain tax positions	(0.30%)	(0.80%)	0.00%
Provision to return	(1.60%)	(40.60%)	(0.70%)
Non-deductible expenses	(13.00%)	(16.90%)	(48.00%)
Other	(0.40%)	(0.60%)	(0.20%)
Foreign tax credit	(0.00%)	(0.00%)	20.30%
Undistributed foreign earnings	0.20%	4.50%	57.30%
Effect of change in federal statutory rate	0.00%	0.00%	(23.00%)
Valuation allowance	(16.20%)	14.20%	(49.60%)
Effective income tax rate	(3.60%)	(7.50%)	(2.00%)

Income Taxes - Components of Income (Loss) Before Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Domestic	$ (61,798)	$ (58,693)	$ (85,288)
Foreign	8,331	19,219	3,866
Income before provision for income taxes	$ (53,467)	$ (39,474)	$ (81,422)

Income Taxes - Information of UTPs Affecting Effective Tax Rate, if Recognized (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	$ 1.5	$ 1.3	$ 2.3
Current year additions	0.1	0.6	0.1
Current year reduction due to lapse of applicable statute of limitations			(1.1)
Current year reduction due to audit settlement		(0.4)
Ending Balance	$ 1.6	$ 1.5	$ 1.3

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Lessee, Lease, Description [Line Items]
Option to extend, term	10 years
Option to terminate, term	1 year
Weighted average remaining lease term	4 years
Weighted average discount rate	5.30%
Operating leases rent expense		$ 12.7	$ 12.2
Operating lease costs	$ 12.9
Short-term and variable lease costs	2.4
Sublease rental income	1.1
Cash payments	$ 11.8
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term	8 years

Leases - Topic 840 (Details) $ in Thousands	Dec. 31, 2018 USD ($)
Leases [Abstract]
2019	$ 11,934
2020	9,699
2021	9,456
2022	9,486
2023	5,969
Thereafter	1,160
Total	$ 47,704

Leases - Schedule of Future Minimum Lease Payments (Detail) $ in Thousands	Dec. 31, 2019 USD ($)
Leases [Abstract]
2020	$ 11,111
2021	10,802
2022	10,143
2023	5,681
2024	397
Thereafter	521
Total lease payments	38,655
Less imputed interest	3,572
Total	$ 35,083

Common Stock and Preferred Stock - Additional Information (Detail)			1 Months Ended						2 Months Ended	3 Months Ended		12 Months Ended
	Aug. 09, 2019 USD ($) $ / shares shares	Apr. 27, 2017 USD ($) shares	Jan. 31, 2020 shares	Aug. 31, 2019 shares	Jan. 31, 2019 USD ($) director shares	Jan. 31, 2018 USD ($) director executive_office shares	Jun. 30, 2017 USD ($) shares	Jun. 30, 2014 USD ($) $ / shares shares	Feb. 28, 2017 USD ($) director shares	Jun. 30, 2017 USD ($) shares	Mar. 31, 2017 USD ($) executive_office shares	Dec. 31, 2019 USD ($) $ / shares shares	Dec. 31, 2018 USD ($) $ / shares shares	Dec. 31, 2017 USD ($) shares	Dec. 31, 2016 USD ($)
Class of Stock [Line Items]
Total number of shares authorized (in shares)												105,000,000
Common stock, shares authorized (in shares)												100,000,000	100,000,000
Common stock, par value (in dollars per share) \| $ / shares												$ 0.001	$ 0.001
Preferred shares, shares authorized (in shares)												5,000,000
Preferred stock, par value (in dollars per share) \| $ / shares												$ 0.001
Common stock, shares issued (in shares)												35,210,371	29,169,913
Common stock, shares outstanding (in shares)												35,210,371	29,169,913
Repurchase of common stock (in shares)								3,112,840
Repurchase of common stock, average price per share (in dollars per share) \| $ / shares								$ 7.71
Repurchase of common stock, value \| $								$ 24,000,000
Common stock issued (in shares)	5,853,002
Common stock issued, value \| $	$ 4,200,000											$ 4,214,000
Repurchase of convertible senior notes \| $												0	$ 0	$ 35,614,000
Shares vested				164,166
Cash dividend paid \| $												$ 0	$ 0
Preferred stock, shares issued (in shares)	200,000											200,000	0
Preferred stock, par value (in dollars per share) \| $ / shares	$ 0.001											$ 0.001	$ 0.001
Preferred stock, shares outstanding (in shares)												200,000	0
Initial value per share (in dollars per share) \| $ / shares												$ 100
Preferred stock quarterly dividend rate												6.00%
Preferred stock accrued dividends \| $												$ 483,000	$ 0
Dividends payable \| $												$ 483,000
4.25% Convertible Senior Notes Due 2018
Class of Stock [Line Items]
Debt instrument shares common stock issued upon conversion (in shares)											2,900,000
Amount of convertible notes repurchased and retired \| $							$ 12,000,000			$ 12,000,000	$ 39,100,000				$ 6,100,000
Repurchase of convertible senior notes \| $							$ 11,600,000				$ 24,100,000
Restricted Stock
Class of Stock [Line Items]
Retirement of restricted stock (in shares)												(42,346)	(29,689)
Restricted stock surrendered, in values \| $												$ 98,000	$ 79,000
Restricted stock vested (in shares)												692,464	194,800	187,224
Common Stock
Class of Stock [Line Items]
Common stock issued (in shares)												5,853,000
Common stock issued, value \| $												$ 6,000
Retirement of restricted stock (in shares)												(55,000)		(9,000)
Common Stock \| 4.25% Convertible Senior Notes Due 2018
Class of Stock [Line Items]
Debt instrument shares common stock issued upon conversion (in shares)							112,400		2,865,000	112,400				3,000,000
Common stock shares issued upon conversion of debt instrument, value \| $							$ 400,000		$ 15,100,000					$ 15,500,000
Amount of convertible notes repurchased and retired \| $							$ 11,600,000		$ 39,100,000	$ 11,600,000
Common Stock \| Hong Kong Meisheng Cultural Co
Class of Stock [Line Items]
Common stock issued (in shares)		3,660,891
Common stock issued, value \| $		$ 19,300,000
Executive officer
Class of Stock [Line Items]
Restricted stock issued (in shares)					3,061,224	1,914,894			873,787			190,981
Restricted stock issued, value \| $					$ 4,500,000	$ 4,500,000			$ 4,500,000			$ 273,000
Number of executive officers					2	2					2
Non-employee directors
Class of Stock [Line Items]
Restricted stock issued (in shares)		13,319			328,230	249,480			94,102			54,704	41,580
Restricted stock issued, value \| $		$ 100,000			$ 500,000	$ 600,000			$ 500,000			$ 100,000
Number of executive officers \| director					6
Number of non-employee directors \| director						6			5
Non-employee directors \| Hong Kong Meisheng Cultural Co
Class of Stock [Line Items]
Restricted stock issued (in shares)		13,319
Restricted stock issued, value \| $		$ 100,000
Redeemable Preferred Stock
Class of Stock [Line Items]
Preferred stock, shares issued (in shares)	200,000
Number of shares outstanding in which, one director may be elected	50,000
Voting percentage required to change number of directors	80.00%
Preferred stock, liquidation preference percent	150.00%
Carrying Amount
Class of Stock [Line Items]
Derivative liability \| $												5,247,000
Carrying Amount \| Fair Value Measurements, Recurring \| Redeemable Preferred Stock
Class of Stock [Line Items]
Derivative liability \| $	$ 4,900,000											$ 5,200,000
Minimum
Class of Stock [Line Items]
Accretion percentage												20.00%
Maximum
Class of Stock [Line Items]
Accretion percentage												150.00%
Subsequent Event \| Restricted Stock
Class of Stock [Line Items]
Restricted stock vested (in shares)			109,360

Common Stock and Preferred Stock - Series A Preferred Stock (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Increase (Decrease) in Temporary Equity [Roll Forward]
Balance, January 1,	$ 0	$ 0
Preferred stock accrued dividends	483,000	0
Balance, December 31,	$ 483,000	$ 0

Fair Value Measurements - Financial Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Aug. 31, 2019	Dec. 31, 2018	Jul. 26, 2018
Carrying Amount
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Preferred stock derivative liability	$ 5,247
3.25% Convertible Senior Notes Due 2020
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Debt instrument, interest rate	3.25%			3.25%
3.25% Convertible Senior Notes Due 2020 \| Carrying Amount
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	$ 0		$ 27,974
3.25% Convertible Senior Notes Due 2023
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Debt instrument, interest rate	3.25%	3.25%		3.25%
3.25% Convertible Senior Notes Due 2023 \| Carrying Amount
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	$ 50,753
Level 1
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Preferred stock derivative liability	0
Level 1 \| 3.25% Convertible Senior Notes Due 2020
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	0		0
Level 1 \| 3.25% Convertible Senior Notes Due 2023
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	0
Level 2
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Preferred stock derivative liability	0
Level 2 \| 3.25% Convertible Senior Notes Due 2020
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	0		0
Level 2 \| 3.25% Convertible Senior Notes Due 2023
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	0
Level 3
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Preferred stock derivative liability	5,247
Level 3 \| 3.25% Convertible Senior Notes Due 2020
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	0		$ 27,974
Level 3 \| 3.25% Convertible Senior Notes Due 2023
Schedule Of Servicing Assets At Fair Value And Amortized Value [Line Items]
Assets measured at fair value on recurring basis	$ 50,753

Fair Value Measurements - Reconciliation of Beginning and Ending Balances of Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loss on extinguishment of convertible senior notes	$ 13,205	$ 453	$ 611
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Additions	7,250	0
Loss on extinguishment of convertible senior notes	10,417	453
Extinguishment of convertible senior notes	(48,170)	0
Change in fair value	2,529	(2,948)
3.25% Convertible Senior Notes Due 2020 \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
New issuance (Series A preferred stock)	0	8,000
3.25% Convertible Senior Notes Due 2023 \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning Balance	0	0
New issuance (Series A preferred stock)	4,894	0
Change in fair value	353	0
Ending Balance	5,247	0	0
3.25% Convertible Senior Notes Due 2023 \| Fair Value Measurements, Recurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning Balance	0	0
New issuance (Series A preferred stock)	37,916	0
Change in fair value	2,583	0
Ending Balance	50,753	0	0
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
New issuance (Series A preferred stock)	10,254	0
Carrying Amount \| 3.25% Convertible Senior Notes Due 2020 \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning Balance	27,974	22,469
Ending Balance	$ 0	$ 27,974	$ 22,469

Fair Value Measurements - Additional Information (Detail)	1 Months Ended
	Aug. 31, 2019 USD ($)	Jun. 30, 2014 USD ($) $ / shares	Jul. 31, 2013 USD ($) $ / shares	Dec. 31, 2019 USD ($) shares	Aug. 09, 2019 USD ($) shares	Dec. 31, 2018 USD ($) shares	Nov. 01, 2018 $ / shares	Jul. 26, 2018 USD ($)	Nov. 07, 2017	Aug. 31, 2017 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount				$ 52,658,000		$ 140,974,000
Preferred stock, shares issued (in shares) \| shares				200,000	200,000	0
3.25% Convertible Senior Notes Due 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount				$ 0		$ 27,974,000		$ 8,000,000.0
Debt instrument, interest rate				3.25%				3.25%
4.875% Convertible Senior Notes Due 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount		$ 115,000,000		$ 1,905,000	$ 113,000,000	113,000,000
Debt instrument, interest rate	4.875%	4.875%		4.875%
Debt instrument, conversion price (in dollars per share) \| $ / shares		$ 9.64
Debt conversion ratio		0.1037613
Convertible senior note payable, fair value				$ 1,700,000		93,200,000
3.25% Convertible Senior Notes Due 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount				$ 50,753,000		$ 0
Debt instrument, interest rate	3.25%			3.25%				3.25%
Interest rate if paid in cash	3.25%
Interest rate if paid in stock	5.00%
Paid in kind interest rate	2.75%
Debt conversion ratio	1.00
Debt prepayment percentage	105.00%
4.25% Convertible Senior Notes Due 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount			$ 100,000,000.0
Debt instrument, interest rate			4.25%	4.25%				4.25%		4.25%
Debt instrument, conversion price (in dollars per share) \| $ / shares			$ 8.74
Debt conversion ratio			0.1143674
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount	$ 21,600,000							$ 8,000,000		$ 21,600,000
Debt instrument, conversion price (in dollars per share) \| $ / shares							$ 2.54
Oasis Management and Oasis Investments ll Master Fund Ltd. \| 3.25% Convertible Senior Notes Due 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal/ Fair Value Amount	$ 8,000,000
Oasis Management and Oasis Investments ll Master Fund Ltd. \| After Modification Senior Notes (due 2018)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, interest rate									3.25%
Redeemable Preferred Stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Preferred stock, shares issued (in shares) \| shares					200,000

Commitments - Additional Information (Detail)	12 Months Ended
Commitments - Additional Information (Detail)	Dec. 31, 2019
Minimum
Commitments and Contingencies Disclosure [Line Items]
Royalties percentage of net sales	1.00%
Maximum
Commitments and Contingencies Disclosure [Line Items]
Royalties percentage of net sales	23.00%

Commitments - Future Annual Minimum Royalty Guarantees (Detail) $ in Thousands	Dec. 31, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2020	$ 39,653
2021	12,779
2022	535
2023	10
2024	20
Future minimum royalty payments, total	$ 52,997

Commitments - Future Minimum Guaranteed Amount (Detail) $ in Thousands	Dec. 31, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2020	$ 6,948
2021	4,050
Future Minimum Guarantee Payments, Total	$ 10,998

Share-Based Payments - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for future grant (in shares)	1,268,956
Recognition Technology in Connection with Toy Products
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock warrants granted to third party in connection with acquisition		1,500,000
Exercise price of warrants		$ 16.28
Warrants exercisable term		5 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation, non-vested restricted stock awards	$ 3.7
Unrecognized compensation, non-vested restricted stock awards expected recognized period	781 days
Restricted Stock \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted Stock \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	2 years
Restricted Stock Units (RSU)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Unrecognized compensation, non-vested restricted stock awards	$ 0.7
Unrecognized compensation, non-vested restricted stock awards expected recognized period	485 days

Share-Based Payments - Summary of Restricted Stock Award Activity (Detail) - Restricted Stock - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Outstanding at beginning of period (in shares)	2,950,782	981,208	196,453
Awarded (in shares)	3,389,455	2,164,374	981,208
Released (in shares)	(692,464)	(194,800)	(187,224)
Forfeited (in shares)	(54,704)	0	(9,229)
Outstanding at end of period (in shares)	5,593,069	2,950,782	981,208
Weighted Average Grant Fair Value
Outstanding at beginning of period (in dollars per share)	$ 2.41	$ 4.12	$ 7.01
Awarded (in dollars per share)	1.07	1.88	5.15
Released (in dollars per share)	2.49	5.14	7.05
Forfeited (in dollars per share)	1.47	0.00	6.32
Outstanding at end of period (in dollars per share)	$ 1.60	$ 2.41	$ 4.12

Share-Based Payments - Summary of RSU Award Activity (Detail) - Restricted Stock Units (RSU) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Number of Shares
Outstanding at beginning of period (in shares)	1,052,166	959,192	0
Awarded (in shares)	1,334,312	357,143	1,001,206
Released (in shares)	(161,486)	(125,290)	0
Forfeited (in shares)	(1,197,809)	(138,879)	(42,014)
Outstanding at end of period (in shares)	1,027,183	1,052,166	959,192
Weighted Average Fair Value
Outstanding at beginning of period (in dollars per share)	$ 3.72	$ 4.68	$ 0.00
Awarded (in dollars per share)	0.77	1.96	4.68
Released (in dollars per share)	3.80	5.15	0.00
Forfeited (in dollars per share)	1.60	4.56	4.68
Outstanding at end of period (in dollars per share)	$ 2.34	$ 3.72	$ 4.68

Share-Based Payments - Total Share-Based Compensation Expense and Related Tax Benefits Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement [Abstract]
Restricted stock compensation expense	$ 2,868	$ 2,434	$ 3,112

Employee Benefits Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement [Abstract]
Maximum percentage of employee gross pay for defined contribution plan under Section 401(k)	50.00%
Employer match of employee's deferral	100.00%
Employer matching contribution for defined contribution plan under Section 401(k)	5.00%
Total company matching contributions	$ 1.1	$ 2.4	$ 2.3

Supplemental Information to Consolidated Statements of Cash Flows - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	2 Months Ended	3 Months Ended		12 Months Ended
	Aug. 09, 2019	Jun. 30, 2017	Feb. 28, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash Flow Supplemental Disclosures [Line Items]
Common stock issued in the period (in shares)	5,853,002
Stock issuance and grants	$ 4,200					$ 4,214
Preferred stock, shares issued (in shares)	200,000					200,000	0
Preferred stock, par value (in dollars per share)	$ 0.001					$ 0.001	$ 0.001
4.25% Convertible Senior Notes Due 2018
Cash Flow Supplemental Disclosures [Line Items]
Debt instrument shares common stock issued upon conversion (in shares)					2,900,000
Common Stock
Cash Flow Supplemental Disclosures [Line Items]
Restricted stock surrendered, (in shares)						55,000		9,000
Common stock issued in the period (in shares)						5,853,000
Stock issuance and grants						$ 6
Common Stock \| 4.25% Convertible Senior Notes Due 2018
Cash Flow Supplemental Disclosures [Line Items]
Debt instrument shares common stock issued upon conversion (in shares)		112,400	2,865,000	112,400				3,000,000
Common stock shares issued upon conversion of debt instrument, value		$ 400	$ 15,100					$ 15,500
Employees - including an executive officer
Cash Flow Supplemental Disclosures [Line Items]
Restricted stock surrendered, (in shares)						143,910	42,346	29,689
Employees - including an executive officer \| Maximum
Cash Flow Supplemental Disclosures [Line Items]
Restricted stock surrendered, in values						$ 100	$ 100	$ 100
Redeemable Preferred Stock
Cash Flow Supplemental Disclosures [Line Items]
Preferred stock, shares issued (in shares)	200,000
Carrying Amount
Cash Flow Supplemental Disclosures [Line Items]
Convertible senior notes						5,247
Carrying Amount \| Fair Value Measurements, Recurring \| Redeemable Preferred Stock
Cash Flow Supplemental Disclosures [Line Items]
Convertible senior notes	$ 4,900					$ 5,200

Selected Quarterly Financial Data (Unaudited) - Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 152,511	$ 280,130	$ 95,182	$ 70,826	$ 132,326	$ 236,699	$ 105,781	$ 93,004	$ 598,649	$ 567,810	$ 613,111
Gross profit	46,400	80,859	17,746	14,340	40,486	64,330	27,941	22,959	159,345	155,716	155,681
Income (loss) from operations	(10,761)	35,662	(18,649)	(24,041)	(4,418)	20,043	(12,140)	(35,658)	(17,789)	(32,173)	(64,158)
Income (loss) before provision (benefit) for income taxes	(19,629)	17,430	(21,896)	(29,372)	(2,100)	17,652	(16,497)	(38,529)	(53,467)	(39,474)	(81,422)
Net income (loss)	(20,181)	16,414	(22,485)	(29,127)	(3,343)	15,699	(18,588)	(36,193)	(55,379)	(42,425)	(83,028)
Net income (loss) attributable to JAKKS Pacific, Inc.	$ (20,293)	$ 16,445	$ (22,542)	$ (29,158)	$ (3,247)	$ 15,682	$ (18,559)	$ (36,244)	$ (55,548)	$ (42,368)	$ (83,085)
Basic earnings (loss) per share (in dollars per share)	$ (0.70)	$ 0.60	$ (0.96)	$ (1.24)	$ (0.14)	$ 0.68	$ (0.80)	$ (1.57)
Weighted average shares outstanding (in shares)	29,617	27,085	23,600	23,557	23,106	23,106	23,106	23,100
Diluted earnings (loss) per share (in dollars per share)	$ (0.70)	$ 0.51	$ (0.96)	$ (1.24)	$ (0.14)	$ 0.38	$ (0.80)	$ (1.57)
Diluted weighted number of shares (in shares)	29,617	60,345	23,600	23,557	23,106	45,686	23,106	23,100

Subsequent Event - Additional Information (Details) - USD ($)	Apr. 17, 2020	Mar. 27, 2020	Dec. 31, 2019	Dec. 31, 2018
Subsequent Event [Line Items]
Long term debt, face amount			$ 52,658,000	$ 140,974,000
Subsequent Event
Subsequent Event [Line Items]
Percentage of workforce reduction	26.00%
Severance and restructuring costs	$ 1,700,000
PPP Loan \| Subsequent Event
Subsequent Event [Line Items]
Long term debt, face amount		$ 10,000,000.0

Schedule II - Valuation And Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 31,552	$ 28,562	$ 19,288
Charged to Costs and Expenses	43,482	56,345	54,457
Net Deductions and other	(33,275)	(53,355)	(45,183)
Balance at End of Period	41,759	31,552	28,562
Uncollectible accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	2,149	10,940	2,864
Charged to Costs and Expenses	864	9,586	11,803
Net Deductions and other	381	(18,377)	(3,727)
Balance at End of Period	3,394	2,149	10,940
Reserve for sales returns and allowances
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	29,403	17,622	16,424
Charged to Costs and Expenses	42,618	46,759	42,654
Net Deductions and other	(33,656)	(34,978)	(41,456)
Balance at End of Period	$ 38,365	$ 29,403	$ 17,622