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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of Components of Pre-Tax Loss | Consolidated pre-tax loss consists of the following:
| For the Year Ended
| December 31, 2019 |  | December 31, 2018 |  | December 31, 2017
| (In thousands)
U.S. operations | $ | (330,139 | ) |  | $ | (344,443 | ) |  | $ | (269,244 | )
Foreign operations | 171,851 |  |  | (72,660 | ) |  | (232,001 | )
| $ | (158,288 | ) |  | $ | (417,103 | ) |  | $ | (501,245 | )
Schedule of Provision (Benefit) for Current and Deferred Income Taxes | The provision for current and deferred income taxes consists of the following:
| For the Year Ended
| December 31, 2019 |  | December 31, 2018 |  | December 31, 2017
| (In thousands)
Current |  |  |  |  |
Federal | $ | 5,520 |  |  | $ | 3,935 |  |  | $ | (3,153 | )
State | 2,170 |  |  | 1,340 |  |  | 1,885 |
Foreign | 68,837 |  |  | 95,404 |  |  | 113,315 |
| 76,527 |  |  | 100,679 |  |  | 112,047 |
Deferred |  |  |  |  |
Federal | (5,610 | ) |  | (4,630 | ) |  | 422,397 |
State | 68 |  |  | (3,368 | ) |  | 38,819 |
Foreign | (15,761 | ) |  | 23,515 |  |  | (19,929 | )
| (21,303 | ) |  | 15,517 |  |  | 441,287 |
Provision for income taxes | $ | 55,224 |  |  | $ | 116,196 |  |  | $ | 553,334 |
Schedule of Deferred Income Tax Assets (Liabilities) | Mattel’s deferred income tax assets (liabilities) are composed of the following:
| December 31, 2019 |  | December 31, 2018
| (In thousands)
Tax credit carryforwards | $ | 59,640 |  |  | $ | 64,895 |
Research and development expenses | 58,340 |  |  | 76,906 |
Net operating loss carryforwards | 234,640 |  |  | 187,741 |
Allowances and reserves | 100,896 |  |  | 94,168 |
Deferred compensation | 67,689 |  |  | 63,641 |
Postretirement benefits | 33,839 |  |  | 24,666 |
Intangible assets | 245,138 |  |  | 419 |
Other | 43,485 |  |  | 48,262 |
Gross deferred income tax assets | 843,667 |  |  | 560,698 |
Intangible assets | (190,677 | ) |  | (196,012 | )
Other | (31,024 | ) |  | (15,782 | )
Gross deferred income tax liabilities | (221,701 | ) |  | (211,794 | )
Deferred income tax asset valuation allowances | (610,560 | ) |  | (365,820 | )
Net deferred income tax assets (liabilities) | $ | 11,406 |  |  | $ | (16,916 | )
Net deferred income tax assets (liabilities) are reported in the consolidated balance sheets as follows:
| December 31, 2019 |  | December 31, 2018
| (In thousands)
Other noncurrent assets | $ | 67,900 |  |  | $ | 49,937 |
Other noncurrent liabilities | (56,494 | ) |  | (66,853 | )
| $ | 11,406 |  |  | $ | (16,916 | )
Schedule of Expiration of Loss and Tax Credit Carryforwards | Mattel’s loss and tax credit carryforwards expire in the following periods:
| Loss Carryforwards |  | Tax Credit Carryforwards
| (In thousands)
2020–2024 | $ | 40,890 |  |  | $ | 456 |
Thereafter | 187,120 |  |  | 31,809 |
No expiration date | 444,094 |  |  | 20,293 |
Total | $ | 672,104 |  |  | $ | 52,558 |
Schedule of Reconciliation of Provision for Income Taxes at US Federal Statutory Rate to Provision in Statements of Operations | Differences between the provision for income taxes at the U.S. federal statutory income tax rate and the provision in the consolidated statements of operations are as follows:
| For the Year Ended
| December 31, 2019 |  | December 31, 2018 |  | December 31, 2017
| (In thousands)
Benefit at U.S. federal statutory rate | $ | (33,240 | ) |  | $ | (87,592 | ) |  | $ | (175,436 | )
Increase resulting from: |  |  |  |  |
U.S. valuation allowance | 19,141 |  |  | 64,907 |  |  | 558,976 |
Foreign earnings taxed at different rates, including foreign losses without benefit | 51,612 |  |  | 103,231 |  |  | 266,807 |
U.S. Tax Act (a) | — |  |  | 3,709 |  |  | (107,049 | )
State and local taxes, net of U.S. federal (expense) benefit | 2,438 |  |  | (2,028 | ) |  | 2,254 |
Adjustments to previously accrued taxes | 14,160 |  |  | 6,621 |  |  | 5,159 |
Change in indefinite reinvestment assertion | (2,700 | ) |  | 14,566 |  |  | — |
Other (b) | 3,813 |  |  | 12,782 |  |  | 2,623 |
Provision for income taxes | $ | 55,224 |  |  | $ | 116,196 |  |  | $ | 553,334 |
(a) | For 2018, U.S. Tax Act expense was netted with utilization of carryover tax attributes and current year generated tax attributes.
(b) For 2018, Other includes $8.1 million of tax credit expiration.
Schedule of Reconciliation of Unrecognized Tax Benefits | A reconciliation of the reserve for unrecognized tax benefits is as follows:
| For the Year Ended
| December 31, 2019 |  | December 31, 2018 |  | December 31, 2017
| (In thousands)
Unrecognized tax benefits at January 1 | $ | 119,818 |  |  | $ | 116,070 |  |  | $ | 109,347 |
Increases for positions taken in current year | 3,836 |  |  | 7,548 |  |  | 4,171 |
Increases for positions taken in a prior year | 29,487 |  |  | 25,239 |  |  | 19,318 |
Decreases for positions taken in a prior year | (10,150 | ) |  | (1,813 | ) |  | (5,637 | )
Decreases for settlements with taxing authorities | (1,982 | ) |  | (1,143 | ) |  | (2,349 | )
Decreases for lapses in the applicable statute of limitations | (3,080 | ) |  | (26,083 | ) |  | (8,780 | )
Unrecognized tax benefits at December 31 | $ | 137,929 |  |  | $ | 119,818 |  |  | $ | 116,070 |

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