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Accumulated Other Comprehensive Income (Loss) | 6 Months Ended
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Jun. 30, 2019
Equity [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The following tables present changes in the accumulated balances for each component of other comprehensive income (loss), including current period other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss):
| For the Three Months Ended June 30, 2019
| 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 March 31, 2019 | $ | 16,470 |  |  | $ | (4,670 | ) |  | $ | (142,540 | ) |  | $ | (707,194 | ) |  | $ | (837,934 | )
Other comprehensive income (loss) before reclassifications | 3,254 |  |  | (1,944 | ) |  | (618 | ) |  | (1,170 | ) |  | (478 | )
Amounts reclassified from accumulated other comprehensive income (loss) | (2,492 | ) |  | — |  |  | 1,242 |  |  | — |  |  | (1,250 | )
Net increase (decrease) in other comprehensive income (loss) | 762 |  |  | (1,944 | ) |  | 624 |  |  | (1,170 | ) |  | (1,728 | )
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2019 | $ | 17,232 |  |  | $ | (6,614 | ) |  | $ | (141,916 | ) |  | $ | (708,364 | ) |  | $ | (839,662 | )
| For the Six Months Ended June 30, 2019
| 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, 2018 | $ | 11,411 |  |  | $ | (6,547 | ) |  | $ | (142,763 | ) |  | $ | (721,327 | ) |  | $ | (859,226 | )
Other comprehensive income (loss) before reclassifications | 9,072 |  |  | (67 | ) |  | (1,824 | ) |  | 12,963 |  |  | 20,144 |
Amounts reclassified from accumulated other comprehensive income (loss) | (3,251 | ) |  | — |  |  | 2,671 |  |  | — |  |  | (580 | )
Net increase (decrease) in other comprehensive income (loss) | 5,821 |  |  | (67 | ) |  | 847 |  |  | 12,963 |  |  | 19,564 |
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2019 | $ | 17,232 |  |  | $ | (6,614 | ) |  | $ | (141,916 | ) |  | $ | (708,364 | ) |  | $ | (839,662 | )
| For the Three Months Ended June 30, 2018
| Derivative Instruments |  | Available-for-Sale Security |  | Defined Benefit Pension Plans |  | Currency Translation Adjustments |  | Total
| (In thousands)
Accumulated Other Comprehensive Loss, Net of Tax, as of March 31, 2018 | $ | (21,986 | ) |  | $ | (2,879 | ) |  | $ | (141,597 | ) |  | $ | (572,687 | ) |  | $ | (739,149 | )
Other comprehensive income (loss) before reclassifications | 17,652 |  |  | (2,709 | ) |  | (2,899 | ) |  | (105,727 | ) |  | (93,683 | )
Amounts reclassified from accumulated other comprehensive loss | 4,786 |  |  | — |  |  | 3,968 |  |  | — |  |  | 8,754 |
Net increase (decrease) in other comprehensive income (loss) | 22,438 |  |  | (2,709 | ) |  | 1,069 |  |  | (105,727 | ) |  | (84,929 | )
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2018 | $ | 452 |  |  | $ | (5,588 | ) |  | $ | (140,528 | ) |  | $ | (678,414 | ) |  | $ | (824,078 | )
| For the Six Months Ended June 30, 2018
| Derivative Instruments |  | Available-for-Sale Security |  | Defined Benefit Pension Plans |  | Currency Translation Adjustments |  | Total
| (In thousands)
Accumulated Other Comprehensive Loss, Net of Tax, as of December 31, 2017 | $ | (21,098 | ) |  | $ | (2,799 | ) |  | $ | (143,213 | ) |  | $ | (614,676 | ) |  | $ | (781,786 | )
Other comprehensive income (loss) before reclassifications | 12,333 |  |  | (2,789 | ) |  | (3,107 | ) |  | (63,738 | ) |  | (57,301 | )
Amounts reclassified from accumulated other comprehensive loss | 9,217 |  |  | — |  |  | 5,792 |  |  | — |  |  | 15,009 |
Net increase (decrease) in other comprehensive income (loss) | 21,550 |  |  | (2,789 | ) |  | 2,685 |  |  | (63,738 | ) |  | (42,292 | )
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2018 | $ | 452 |  |  | $ | (5,588 | ) |  | $ | (140,528 | ) |  | $ | (678,414 | ) |  | $ | (824,078 | )
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 Three Months Ended |  |
| June 30, 2019 |  | June 30, 2018 |  | Statements of Operations Classification
| (In thousands) |  |
Derivative Instruments |
Gain (loss) on foreign currency forward exchange contracts | $ | 2,675 |  |  | $ | (4,767 | ) |  | Cost of sales
Tax effect of net gain (loss) | (183 | ) |  | (19 | ) |  | Provision for income taxes
| $ | 2,492 |  |  | $ | (4,786 | ) |  | Net loss
Defined Benefit Pension Plans |  |  |  |  |
Amortization of prior service credit (a) | $ | 493 |  |  | $ | 502 |  |  | Other non-operating (income) expense, net
Recognized actuarial loss (a) | (1,735 | ) |  | (2,046 | ) |  | Other non-operating (income) expense, net
Settlement loss | — |  |  | (2,401 | ) |  | Other non-operating (income) expense, net
| (1,242 | ) |  | (3,945 | ) |  |
Tax effect of net loss | — |  |  | (23 | ) |  | Provision for income taxes
| $ | (1,242 | ) |  | $ | (3,968 | ) |  | Net loss
| For the Six Months Ended |  |
| June 30, 2019 |  | June 30, 2018 |  | Statements of Operations Classification
| (In thousands) |  |
Derivative Instruments |
Gain (loss) on foreign currency forward exchange contracts | $ | 3,602 |  |  | $ | (9,150 | ) |  | Cost of sales
Tax effect of net gain (loss) | (351 | ) |  | (67 | ) |  | Provision for income taxes
| $ | 3,251 |  |  | $ | (9,217 | ) |  | Net loss
Defined Benefit Pension Plans |  |  |  |  |
Amortization of prior service credit (a) | $ | 986 |  |  | $ | 1,003 |  |  | Other non-operating (income) expense, net
Recognized actuarial loss (a) | (3,472 | ) |  | (4,363 | ) |  | Other non-operating (income) expense, net
Settlement loss | — |  |  | (2,443 | ) |  | Other non-operating (income) expense, net
| (2,486 | ) |  | (5,803 | ) |  |
Tax effect of net loss | (185 | ) |  | 11 |  |  | Provision for income taxes
| $ | (2,671 | ) |  | $ | (5,792 | ) |  | Net loss
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(a) | The amortization of prior service credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to "Note 16 to the Consolidated Financial Statements—Employee Benefit Plans" of this Quarterly Report on Form 10-Q for additional information regarding Mattel's net periodic benefit cost.
Currency Translation Adjustments Mattel's reporting currency is the U.S. dollar. The translation of its net investments in subsidiaries with non-U.S. dollar functional currencies subjects Mattel to the impact of 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 fiscal period-end exchange rates. Income, expense, and cash flow items are translated at weighted average exchange rates prevailing during the fiscal period. The resulting currency translation adjustments are recorded as a component of accumulated other comprehensive income (loss) within stockholders' equity. Currency translation adjustments resulted in a net gain of $13.0 million for the six months ended June 30, 2019, primarily due to the strengthening of the Russian ruble, Hong Kong dollar, and Mexican peso against the U.S. dollar, partially offset by the weakening of the Euro against the U.S. dollar. Currency translation adjustments resulted in a net loss of $63.7 million for the six months ended June 30, 2018, primarily due to the weakening of the Euro, Brazilian real, Russian ruble, and British pound sterling against the U.S. dollar.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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