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Quarterly Financial Information (unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information (Unaudited) |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
Year Ended December 31, 2015 |  |  |  |  |  |  |
Net sales | $ | 922,749 |  |  | $ | 988,152 |  |  | $ | 1,791,968 |  |  | $ | 1,999,744 |
Gross profit | 450,448 |  |  | 472,858 |  |  | 879,597 |  |  | 1,003,455 |
Advertising and promotion expenses | 102,428 |  |  | 104,744 |  |  | 213,245 |  |  | 297,435 |
Other selling and administrative expenses | 402,487 |  |  | 367,551 |  |  | 365,579 |  |  | 411,967 |
Operating (loss) income | (54,467 | ) |  | 563 |  |  | 300,773 |  |  | 294,053 |
(Loss) Income before income taxes | (73,147 | ) |  | (19,898 | ) |  | 286,139 |  |  | 270,821 |
Net (loss) income (a) | (58,177 | ) |  | (11,351 | ) |  | 223,784 |  |  | 215,160 |
Net (loss) income per common share—basic | $ | (0.17 | ) |  | $ | (0.03 | ) |  | $ | 0.66 |  |  | $ | 0.63 |
Weighted average number of common shares | 338,579 |  |  | 338,843 |  |  | 339,420 |  |  | 339,815 |
Net (loss) income per common share—diluted | $ | (0.17 | ) |  | $ | (0.03 | ) |  | $ | 0.66 |  |  | $ | 0.63 |
Weighted average number of common and potential common shares | 338,579 |  |  | 338,843 |  |  | 339,790 |  |  | 340,364 |
Dividends declared per common share | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |
Common stock market price: |  |  |  |  |  |  |
High | $ | 30.47 |  |  | $ | 30.20 |  |  | $ | 26.34 |  |  | $ | 27.69 |
Low | 22.61 |  |  | 22.65 |  |  | 21.03 |  |  | 19.83 |
Year Ended December 31, 2014 |  |  |  |  |  |  |
Net sales | $ | 946,177 |  |  | $ | 1,062,252 |  |  | $ | 2,021,424 |  |  | $ | 1,993,966 |
Gross profit | 481,531 |  |  | 492,570 |  |  | 1,021,138 |  |  | 1,005,783 |
Advertising and promotion expenses | 90,834 |  |  | 99,853 |  |  | 218,746 |  |  | 323,810 |
Other selling and administrative expenses | 384,479 |  |  | 391,709 |  |  | 392,913 |  |  | 444,964 |
Operating income | 6,218 |  |  | 1,008 |  |  | 409,479 |  |  | 237,009 |
(Loss) Income before income taxes | (9,421 | ) |  | (14,371 | ) |  | 394,180 |  |  | 216,522 |
Net (loss) income (a) | (11,218 | ) |  | 28,325 |  |  | 331,836 |  |  | 149,931 |
Net (loss) income per common share—basic | $ | (0.03 | ) |  | $ | 0.08 |  |  | $ | 0.97 |  |  | $ | 0.44 |
Weighted average number of common shares | 340,226 |  |  | 338,709 |  |  | 338,728 |  |  | 338,416 |
Net (loss) income per common share—diluted | $ | (0.03 | ) |  | $ | 0.08 |  |  | $ | 0.97 |  |  | $ | 0.44 |
Weighted average number of common and potential common shares | 340,226 |  |  | 340,644 |  |  | 340,329 |  |  | 339,506 |
Dividends declared per common share | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | 0.38 |
Common stock market price: |  |  |  |  |  |  |
High | $ | 47.39 |  |  | $ | 40.32 |  |  | $ | 39.79 |  |  | $ | 31.86 |
Low | 35.24 |  |  | 37.47 |  |  | 30.48 |  |  | 28.78 |
(a) | Net loss for the first and second quarters of 2015 included net tax expense of $0.7 million and net tax benefits of $4.3 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted law changes. Net income for the third and fourth quarters of 2015 included net tax expense of $0.8 million and net tax benefits of $16.3 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted tax law changes. Net loss for the first quarter of 2014 included $3.7 million of net tax expense primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions, settlements, and enacted tax law changes. Net income for the second and third quarters of 2014 included net tax benefits of $40.1 million and $15.1 million, respectively, primarily related to reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions, settlements, and enacted tax law changes. Net income for the fourth quarter of 2014 included net tax expense of $8.9 million, primarily related to a tax charge related to a 2014 tax restructuring for the HIT Entertainment and MEGA Brands operations, partially offset by reassessments of prior years’ tax liabilities based on the status of audits and tax filings in various jurisdictions around the world, settlements, and enacted tax law changes.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
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