XML 60 R49.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Segment Reporting [Abstract] |
Schedule of Revenue from Segment to Consolidated | The following tables present information about revenues, income, and assets by segment. In the following tables, Mattel does not include sales adjustments such as trade discounts and other allowances in the calculation of segment revenues (referred to as "gross sales" and reconciled to net sales in Part I, Item 2 "Management’s Discussion and Analysis of Financial Condition and Results of Operations–Non-GAAP Financial Measures" of this Quarterly Report on Form 10-Q). Mattel records these adjustments in its financial accounting systems at the time of sale to each customer, but the adjustments are not allocated to brands or individual products. For this reason, Mattel’s chief operating decision maker uses gross sales by segment as one of the metrics to measure segment performance. Such sales adjustments are included in the determination of segment income from operations based on the adjustments recorded in the financial accounting systems. Segment income represents each segment’s operating income, while consolidated operating income represents income from operations before net interest, other non-operating expense/income, net, and income taxes as reported in the consolidated statements of operations. The corporate and other expense category includes costs not allocated to individual segments, including charges related to incentive compensation, share-based payments, and corporate headquarters functions managed on a worldwide basis, and the impact of changes in foreign currency exchange rates on intercompany transactions.
| For the Three Months Ended
| March 31, 2018 |  | March 31, 2017
| (In thousands)
Revenues by Segment |  |  |
North America | $ | 348,390 |  |  | $ | 362,318 |
International | 384,134 |  |  | 366,336 |
American Girl | 67,487 |  |  | 85,984 |
Gross sales | 800,011 |  |  | 814,638 |
Sales adjustments | (91,639 | ) |  | (79,020 | )
Net sales | $ | 708,372 |  |  | $ | 735,618 |
| For the Three Months Ended
| March 31, 2018 |  | March 31, 2017
| (In thousands)
Segment Loss |  |  |
North America (a) | $ | (106,750 | ) |  | $ | (19,340 | )
International (a) | (72,265 | ) |  | (24,842 | )
American Girl (a) | (14,843 | ) |  | (5,785 | )
| (193,858 | ) |  | (49,967 | )
Corporate and other expense (b) | (82,723 | ) |  | (75,646 | )
Operating loss | (276,581 | ) |  | (125,613 | )
Interest expense | 41,079 |  |  | 22,030 |
Interest (income) | (3,147 | ) |  | (2,466 | )
Other non-operating (income) expense, net | (608 | ) |  | 494 |
Loss before income taxes | $ | (313,905 | ) |  | $ | (145,671 | )
__________________________________________
(a) | Segment loss for the three months ended March 31, 2018, includes $86.8 million of net sales reversal and bad debt expense attributable to the Toys “R” Us liquidation. The North America, International and American Girl segments recorded charges of $71.6 million, $12.1 million, and $3.1 million respectively. No charge was recorded in Corporate and other expense.
(b) | Corporate and other expense includes severance and restructuring expenses of $24.9 million and $3.0 million for the three months ended March 31, 2018 and 2017, respectively, and share-based compensation expense of $14.4 million and $12.7 million for the three months ended March 31, 2018 and 2017, respectively.
Schedule of Segment Assets | Segment assets are comprised of accounts receivable and inventories, net of applicable reserves and allowances.
| March 31, 2018 |  | March 31, 2017 |  | December 31, 2017
| (In thousands)
Assets by Segment |  |  |  |  |
North America | $ | 523,535 |  |  | $ | 624,539 |  |  | $ | 692,232 |
International | 620,718 |  |  | 675,996 |  |  | 829,185 |
American Girl | 94,592 |  |  | 150,373 |  |  | 100,184 |
| 1,238,845 |  |  | 1,450,908 |  |  | 1,621,601 |
Corporate and other | 115,006 |  |  | 125,691 |  |  | 107,713 |
Accounts receivable, net and inventories | $ | 1,353,851 |  |  | $ | 1,576,599 |  |  | $ | 1,729,314 |
Schedule of Worldwide Revenues by Brand Category | The table below presents worldwide revenues by brand category:
| For the Three Months Ended
| March 31, 2018 |  | March 31, 2017
| (In thousands)
Worldwide Revenues by Brand Category (a) |  |  |
Barbie | $ | 152,691 |  |  | $ | 123,390 |
Hot Wheels | 144,940 |  |  | 125,679 |
Fisher-Price and Thomas & Friends | 187,795 |  |  | 205,044 |
American Girl | 67,427 |  |  | 85,813 |
Toy Box | 247,158 |  |  | 274,712 |
Gross sales | 800,011 |  |  | 814,638 |
Sales adjustments | (91,639 | ) |  | (79,020 | )
Net sales | $ | 708,372 |  |  | $ | 735,618 |
__________________________________________ (a) Mattel reorganized its brands reporting structure in 2018. Prior period amounts have been reclassified to conform to the current year presentation.
Schedule of Revenue by Geographic Area | The table below present information by geographic area. Revenues are attributed to countries based on location of customer.
| For the Three Months Ended
| March 31, 2018 |  | March 31, 2017
| (In thousands)
Revenues |  |  |
North America | $ | 415,877 |  |  | $ | 448,302 |
International (a) |  |  |
Europe | 168,338 |  |  | 156,561 |
Latin America | 74,468 |  |  | 69,768 |
Global Emerging Markets | 141,328 |  |  | 140,007 |
Total International | 384,134 |  |  | 366,336 |
Gross sales | 800,011 |  |  | 814,638 |
Sales adjustments | (91,639 | ) |  | (79,020 | )
Net sales | $ | 708,372 |  |  | $ | 735,618 |
__________________________________________ (a) Mattel reorganized its regional reporting structure in 2018. As a result, Global Emerging Markets, which was previously disclosed as Asia Pacific, includes Russia, Turkey, the Middle East, and Africa, which were previously included within Europe. Prior period amounts have been reclassified to conform to the current year presentation.

X
- Definition Tabular disclosure of segment accounts receivable and inventories, net. + References No definition available. + Details
Name: | mat_ScheduleOfSegmentAccountsReceivableAndInventoriesNetTableTextBlock
Namespace Prefix: | mat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of worldwide revenues by brand category. + References No definition available. + Details
Name: | mat_ScheduleOfWorldwideRevenuesTableTextBlock
Namespace Prefix: | mat_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration