Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables present changes in the accumulated balances for each component of other comprehensive income (loss), including other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss) for each period:


	For the Three Months Ended September 30, 2020
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2020	$	18,026	$	(8,145)	$	(166,279)	$	(821,199)	$	(977,597)
Other comprehensive (loss) income before reclassifications	(15,709)		178		(432)		13,032		(2,931)
Amounts reclassified from accumulated other comprehensive income (loss)	(7,069)		—		1,723		—		(5,346)
Net (decrease) increase in other comprehensive (loss) income	(22,778)		178		1,291		13,032		(8,277)
Accumulated Other Comprehensive (Loss), Net of Tax, as of September 30, 2020	$	(4,752)	$	(7,967)	$	(164,988)	$	(808,167)	$	(985,874)


	For the Nine Months Ended September 30, 2020
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2019	$	11,041	$	(8,260)	$	(169,857)	$	(702,408)	$	(869,484)
Other comprehensive (loss) income before reclassifications	(1,815)		293		67		(105,759)		(107,214)
Amounts reclassified from accumulated other comprehensive income (loss)	(13,978)		—		4,802		—		(9,176)
Net (decrease) increase in other comprehensive (loss) income	(15,793)		293		4,869		(105,759)		(116,390)
Accumulated Other Comprehensive (Loss), Net of Tax, as of September 30, 2020	$	(4,752)	$	(7,967)	$	(164,988)	$	(808,167)	$	(985,874)


	For the Three Months Ended September 30, 2019
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2019	$	17,232	$	(6,614)	$	(141,916)	$	(708,364)	$	(839,662)
Other comprehensive income (loss) before reclassifications	12,996		(1,922)		(359)		(46,722)		(36,007)
Amounts reclassified from accumulated other comprehensive income (loss)	(6,394)		—		1,242		—		(5,152)
Net increase (decrease) in other comprehensive income (loss)	6,602		(1,922)		883		(46,722)		(41,159)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2019	$	23,834	$	(8,536)	$	(141,033)	$	(755,086)	$	(880,821)


	For the Nine Months Ended September 30, 2019
	Derivative Instruments		Available-for-Sale Security		Employee Benefit 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	22,068		(1,989)		(2,183)		(33,759)		(15,863)
Amounts reclassified from accumulated other comprehensive income (loss)	(9,645)		—		3,913		—		(5,732)
Net increase (decrease) in other comprehensive income (loss)	12,423		(1,989)		1,730		(33,759)		(21,595)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of September 30, 2019	$	23,834	$	(8,536)	$	(141,033)	$	(755,086)	$	(880,821)

Schedule of Consolidated Statement of Operations Line Items Affected by Reclassifications from Accumulated Other Comprehensive Income (Loss)

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
	September 30, 2020		September 30, 2019		Statements of Operations Classification
	(In thousands)
Derivative Instruments
Gain on foreign currency forward exchange contracts and other	$	7,031	$	6,583	Cost of sales
Tax effect	38		(189)		Provision for income taxes
	$	7,069	$	6,394	Net income (loss)
Employee Benefit Plans
Amortization of prior service credit (a)	$	472	$	494	Other non-operating (income) expense, net
Recognized actuarial loss (a)	(2,336)		(1,736)		Other non-operating (income) expense, net
	(1,864)		(1,242)
Tax effect	141		—		Provision for income taxes
	$	(1,723)	$	(1,242)	Net income (loss)


	For the Nine Months Ended
	September 30, 2020		September 30, 2019		Statements of Operations Classification
	(In thousands)
Derivative Instruments
Gain on foreign currency forward exchange contracts and other	$	13,845	$	10,185	Cost of sales
Tax effect	133		(540)		Provision for income taxes
	$	13,978	$	9,645	Net income (loss)
Employee Benefit Plans
Amortization of prior service credit (a)	$	1,405	$	1,480	Other non-operating (income) expense, net
Recognized actuarial loss (a)	(7,014)		(5,208)		Other non-operating (income) expense, net


	(5,609)		(3,728)
Tax effect	807		(185)		Provision for income taxes
	$	(4,802)	$	(3,913)	Net income (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 15 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.