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Foreign Currency Transaction Gains and Losses | 6 Months Ended
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Jun. 30, 2016
Foreign Currency [Abstract] |
Foreign Currency Transaction Gains and Losses | Foreign Currency Transaction Gains and Losses Currency exchange rate fluctuations impact Mattel’s results of operations and cash flows. Mattel’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 to which they relate in the consolidated statements of operations. For hedges of intercompany loans and advances, which do not qualify for hedge accounting treatment, the gains or losses on the hedges resulting from changes in fair value as well as the offsetting transaction gains or losses on the related hedged items, along with unhedged items, are recognized in other non-operating income (expense), net in the consolidated statements of operations. Inventory purchase and sale transactions denominated in the Euro, British pound sterling, Mexican peso, Canadian dollar, Brazilian real, Russian ruble, Malaysian ringgit, and Indonesian rupiah are the primary transactions that cause foreign currency transaction exposure for Mattel. Currency transaction (losses) gains included in the consolidated statements of operations are as follows:
| For the Three Months Ended |  | For the Six Months Ended
| June 30, 2016 |  | June 30, 2015 |  | June 30, 2016 |  | June 30, 2015
| (In thousands)
Operating (loss) income | $ | (25,163 | ) |  | $ | 12,535 |  |  | $ | (37,005 | ) |  | $ | 24,439 |
Other non-operating income (expense), net | (1,130 | ) |  | (2,473 | ) |  | (28,119 | ) |  | (3,398 | )
Net transaction (losses) gains | $ | (26,293 | ) |  | $ | 10,062 |  |  | $ | (65,124 | ) |  | $ | 21,041 |
In March 2016, the Venezuelan government revised its currency exchange platform to a dual system. The Sistema Complementario de Administración de Divisas ("SICAD") rate merged with the official exchange rate, becoming the new Tipo de Cambio Protegido ("DIPRO") exchange rate. The existing Marginal Currency System ("SIMADI") rate was renamed the Tipo de Cambio Complementario ("DICOM") exchange rate. During the three months ended March 31, 2016, Mattel changed its remeasurement rate from the official exchange rate to the new DICOM exchange rate and recognized an unrealized foreign currency exchange loss of approximately $26 million in other non-operating income (expense), net as a result of the change in the remeasurement rate.

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- Definition The entire disclosure for foreign currency transactions. + References No definition available. + Details
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- References No definition available. + Details
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