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Restructuring Charges (Tables)

9 Months Ended

Sep. 30, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Charges

In connection with the Capital Light program, Mattel recorded severance and other restructuring charges within the consolidated statements of operations as follows:

			For the Three Months Ended												For the Nine Months Ended
			September 30, 2020						September 30, 2019						September 30, 2020						September 30, 2019
			(In thousands)
Cost of sales (a)			$	348					$	8,430					$	4,812					$	11,913
Other selling and administrative expenses (b)			2,259						7,908						6,379						15,879
			$	2,607					$	16,338					$	11,191					$	27,792

 _______________________________________

(a)Severance and other restructuring costs recorded within cost of sales in the consolidated statements of operations include charges associated with the consolidation of manufacturing facilities.

(b)Severance and other restructuring costs recorded within other selling and administrative expenses in the consolidated statements of operations are included in corporate and other expense in "Note 22 to the Consolidated Financial Statements—Segment Information."

The following table summarizes Mattel's severance and other restructuring charges activity related to the Capital Light program for the nine months ended September 30, 2020:

			Liability at December 31, 2019						Charges (a)						Payments/Utilization						Liability at September 30, 2020
			(In thousands)
Severance			$	6,151					$	6,039					$	(7,197)					$	4,993
Other restructuring charges			11,484						5,152						(16,548)						88
			$	17,635					$	11,191					$	(23,745)					$	5,081

 _______________________________________

(a)Other restructuring charges consist primarily of expenses associated with the consolidation of manufacturing facilities.

The following table summarizes Mattel's severance charges activity related to other cost savings actions for the nine months ended September 30, 2020:

			Liability at December 31, 2019						Charges (a)						Payments/Utilization						Liability at September 30, 2020
			(In thousands)
Severance (a)			$	—					$	18,142					$	(9,203)					$	8,939

_______________________________________

(a)Severance charges recorded within other selling and administrative expenses in the consolidated statements of operations are included in corporate and other expense in "Note 22 to the Consolidated Financial Statements—Segment Information."

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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