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Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Revenues from Segment to Consolidated

The following tables present information regarding net sales, operating income (loss), and assets by segment. The corporate and other expense category includes operating costs not allocated to individual segments, including charges related to incentive and share-based compensation, corporate headquarters functions managed on a worldwide basis, the impact of changes in foreign currency exchange rates on intercompany transactions, and certain severance and other restructuring costs. The prior period presentation of operating income by segment and assets by segment has been conformed to the current period's presentation.

It is impracticable for Mattel to present net sales by categories, brands, or products, as trade discounts and other allowances are generally recorded in the financial accounting systems by customer.

			For the Three Months Ended												For the Six Months Ended
			June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
			(In thousands)
Net Sales by Segment
North America			$	560,830					$	432,892					$	1,040,489					$	720,446
International			424,897						271,065						774,252						540,421
American Girl			40,639						28,179						85,817						65,339
Net sales			$	1,026,366					$	732,136					$	1,900,558					$	1,326,206

			For the Three Months Ended												For the Six Months Ended
			June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
			(In thousands)
Operating Income (Loss) by Segment
North America (a)			$	149,600					$	81,838					$	274,451					$	98,686
International (a)			50,758						(4,420)						87,018						(31,444)
American Girl			(9,725)						(13,886)						(19,290)						(30,987)
			190,633						63,532						342,179						36,255
Corporate and other expense (b)			(141,493)						(111,610)						(259,168)						(229,105)
Operating Income (Loss)			49,140						(48,078)						83,011						(192,850)
Interest expense			38,144						49,615						168,627						98,595
Interest (income)			(584)						(1,025)						(1,403)						(3,108)
Other non-operating expense (income), net			533						2,662						(555)						5,684
Income (Loss) Before Income Taxes			$	11,047					$	(99,330)					$	(83,658)					$	(294,021)

_______________________________________

(a)Segment operating income (loss) included severance and restructuring expenses of $(0.2) million and $1.8 million, for the three and six months ended June 30, 2021, respectively, and $1.4 million and $4.5 million, for the three and six months ended June 30, 2020, respectively, which were allocated to the North America and International segments.

(b)Corporate and other expense included severance and restructuring charges of $10.7 million and $16.5 million, for the three and six months ended June 30, 2021, respectively, and $16.2 million and $23.8 million, for the three and six months ended June 30, 2020, respectively. Corporate and other expense also included expenses related to inclined sleeper product recall litigation of $6.8 million and $12.1 million for the three and six months ended June 30, 2021, respectively, and $2.9 million and $9.1 million, for the three and six months ended June 30, 2020, respectively, and incentive and share-based compensation for all periods presented.

Schedule of Segment Assets

Segment assets are comprised of accounts receivable and inventories, net of applicable allowances and reserves.

			June 30, 2021						June 30, 2020						December 31, 2020
			(In thousands)
Assets by Segment
North America			$	686,959					$	615,180					$	658,404
International			644,450						528,510						715,043
American Girl			51,453						47,028						40,414
			1,382,862						1,190,718						1,413,861
Corporate and other			219,259						187,648						148,579
Accounts receivable and inventories, net			$	1,602,121					$	1,378,366					$	1,562,440

Schedule of Revenues by Geographic Area

The table below presents information by geographic area. Net sales are attributed to countries based on location of the customer.

			For the Three Months Ended												For the Six Months Ended
			June 30, 2021						June 30, 2020						June 30, 2021						June 30, 2020
			(In thousands)
Net Sales by Geographic Area
North America			$	601,469					$	461,071					$	1,126,306					$	785,785
International
EMEA			246,816						151,948						484,985						325,271
Latin America			92,477						57,719						148,755						108,994
Asia Pacific			85,604						61,398						140,512						106,156
Total International			424,897						271,065						774,252						540,421
Net sales			$	1,026,366					$	732,136					$	1,900,558					$	1,326,206

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