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Stockholders' Equity
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity
Preference Stock
Mattel is authorized to issue up to 20.0 million shares of $0.01 par value preference stock, of which none is currently outstanding.
Preferred Stock
Mattel is authorized to issue up to 3.0 million shares of $1.00 par value preferred stock, of which none is currently outstanding.
Common Stock Repurchase Program
During 2017, 2016, and 2015, Mattel did not repurchase any shares of its common stock. Mattel’s share repurchase program was first announced on July 21, 2003. On July 17, 2013, the Board of Directors authorized Mattel to increase its share repurchase program by $500.0 million. At December 31, 2017, share repurchase authorizations of $203.0 million had not been executed. Repurchases will take place from time to time, depending on market conditions. Mattel’s share repurchase program has no expiration date.
Dividends
During 2017, 2016, and 2015, Mattel paid total dividends per share of $0.91, $1.52, and $1.52, respectively, to holders of its common stock. The Board of Directors declared the dividends, if any, on a quarterly basis, and Mattel paid the dividends during the quarters in which the dividends were declared, if applicable. The payment of dividends on common stock is at the discretion of the Board of Directors and is subject to customary limitations.
In October 2017, Mattel's Board of Directors determined to suspend the Company's quarterly dividend beginning in the fourth quarter of 2017, which was previously $0.15 per share, in order to increase financial flexibility, strengthen the balance sheet, and facilitate strategic investments.
Accumulated Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive (loss) income, including current period other comprehensive (loss) income and reclassifications out of accumulated other comprehensive income (loss):
 
For the Year Ended December 31, 2017
 
Derivative
Instruments
 
Available-for-Sale Security
 
Defined Benefit
Pension Plans
 
Currency
Translation
Adjustments
 
Total
 
(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2016
$
17,469

 
$
3,149

 
$
(157,704
)
 
$
(805,943
)
 
$
(943,029
)
Other comprehensive (loss) income before reclassifications
(55,377
)
 
(5,948
)
 
7,812

 
132,294

 
78,781

Amounts reclassified from accumulated other comprehensive income (loss)
16,810

 
—

 
6,679

 
58,973

 
82,462

Net (decrease) increase in other comprehensive income
(38,567
)
 
(5,948
)
 
14,491

 
191,267

 
161,243

Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2017
$
(21,098
)
 
$
(2,799
)
 
$
(143,213
)
 
$
(614,676
)
 
$
(781,786
)
 
 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2016
 
Derivative
Instruments
 
Available-for-Sale Security
 
Defined Benefit
Pension Plans
 
Currency
Translation
Adjustments
 
Total
 
(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2015
$
15,363

 
$
—

 
$
(159,858
)
 
$
(704,404
)
 
$
(848,899
)
Other comprehensive income (loss) before reclassifications
18,733

 
3,149

 
(4,154
)
 
(101,539
)
 
(83,811
)
Amounts reclassified from accumulated other comprehensive income (loss)
(16,627
)
 
—

 
6,308

 
—

 
(10,319
)
Net increase (decrease) in other comprehensive income
2,106

 
3,149

 
2,154

 
(101,539
)
 
(94,130
)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2016
$
17,469

 
$
3,149

 
$
(157,704
)
 
$
(805,943
)
 
$
(943,029
)
 
 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2015
 
Derivative
Instruments
 
Available-for-Sale Security
 
Defined Benefit
Pension Plans
 
Currency
Translation
Adjustments
 
Total
 
(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2014
$
30,025

 
$
—

 
$
(161,507
)
 
$
(490,607
)
 
$
(622,089
)
Other comprehensive income (loss) before reclassifications
37,926

 
—

 
(6,443
)
 
(213,797
)
 
(182,314
)
Amounts reclassified from accumulated other comprehensive income (loss)
(52,588
)
 
—

 
8,092

 
—

 
(44,496
)
Net (decrease) increase in other comprehensive income
(14,662
)
 
—

 
1,649

 
(213,797
)
 
(226,810
)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2015
$
15,363

 
$
—

 
$
(159,858
)
 
$
(704,404
)
 
$
(848,899
)


The following table presents the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of operations:
 
For the Year Ended
 
Statements of Operations
Classification
 
December 31,
2017
 
December 31,
2016
 
December 31,
2015
 
 
(In thousands)
 
 
Derivative Instruments
 
 
 
 
 
 
 
(Loss) gain on foreign currency forward exchange contracts
$
(16,717
)
 
$
17,101

 
$
52,037

 
Cost of sales
 
(93
)
 
(474
)
 
551

 
Provision for income taxes
 
$
(16,810
)
 
$
16,627

 
$
52,588

 
Net (loss) income
Defined Benefit Pension Plans
 
 
 
 
 
 
 
Amortization of prior service (cost) credit
$
(29
)
 
$
(461
)
 
$
465

 
(a)
Recognized actuarial loss
(8,511
)
 
(7,142
)
 
(15,316
)
 
(a)
Settlement loss
—

 
(1,772
)
 
(6,453
)
 
Other selling and administrative expenses
Curtailment (loss) gain
(103
)
 
(415
)
 
8,639

 
Other selling and administrative expenses
 
(8,643
)
 
(9,790
)
 
(12,665
)
 
 
 
1,964

 
3,482

 
4,573

 
Provision for income taxes
 
$
(6,679
)
 
$
(6,308
)
 
$
(8,092
)
 
Net (loss) income
Currency Translation Adjustments
 
 
 
 
 
 
 
Loss on discontinuation of Venezuelan operations
$
(58,973
)
 
$
—

 
$
—

 
Other non-operating expense/income, net
 
—

 
—

 
—

 
Provision for income taxes (b)
 
$
(58,973
)
 
$
—

 
$
—

 
Net (loss) income
(a)
The amortization of prior service (cost) credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 4 to the Consolidated Financial Statements—Employee Benefit Plans" for additional information regarding Mattel’s net periodic benefit cost.
(b)
An income tax benefit is not expected to be realized related to the loss on discontinuation of Venezuelan operations.
Currency Translation Adjustments
For 2017, currency translation adjustments resulted in a net gain of $191.3 million, primarily due to the strengthening of the Euro and the British pound sterling against the U.S. dollar and the recognition of a $59.0 million loss related to the discontinuation of Mattel's Venezuelan operations in other non-operating expense/income, net within the consolidated statements of operations. For 2016, currency translation adjustments resulted in a net loss of $101.5 million, primarily due to the weakening of the British pound sterling, Mexican peso, and Euro against the U.S. dollar, partially offset by the strengthening of the Brazilian real against the U.S. dollar. For 2015, currency translation adjustments resulted in a net loss of $213.8 million, primarily due to the weakening of the Euro, Brazilian real, Mexican peso, and British pound sterling against the U.S. dollar.