Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

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 current period other comprehensive income (loss) and reclassifications out of accumulated other comprehensive income (loss):


	For the Year Ended December 31, 2021
	Derivative Instruments		Available-for-Sale Security		Employee Benefit Plans		Currency Translation Adjustments		Total
	(In thousands)
Accumulated Other Comprehensive Loss, Net of Tax, as of December 31, 2020	$	(15,369)	$	(7,522)	$	(186,854)	$	(734,831)	$	(944,576)
Other comprehensive income (loss) before reclassifications	23,253		1,075		19,961		(54,690)		(10,401)
Amounts reclassified from accumulated other comprehensive income (loss)	912		—		12,794		—		13,706
Net increase (decrease) in other comprehensive loss	24,165		1,075		32,755		(54,690)		3,305
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2021	$	8,796	$	(6,447)	$	(154,099)	$	(789,521)	$	(941,271)

	For the Year Ended December 31, 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	(18,289)		738		(22,941)		(32,423)		(72,915)
Amounts reclassified from accumulated other comprehensive income (loss)	(8,121)		—		5,944		—		(2,177)
Net (decrease) increase in other comprehensive income (loss)	(26,410)		738		(16,997)		(32,423)		(75,092)
Accumulated Other Comprehensive Loss, Net of Tax, as of December 31, 2020	$	(15,369)	$	(7,522)	$	(186,854)	$	(734,831)	$	(944,576)

	For the Year Ended December 31, 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	14,495		(1,713)		(31,158)		18,919		543
Amounts reclassified from accumulated other comprehensive income (loss)	(14,865)		—		4,064		—		(10,801)
Net (decrease) increase in other comprehensive income (loss)	(370)		(1,713)		(27,094)		18,919		(10,258)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2019	$	11,041	$	(8,260)	$	(169,857)	$	(702,408)	$	(869,484)

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 Year Ended						Consolidated Statements of Operations Classification
	December 31, 2021		December 31, 2020		December 31, 2019
	(In thousands)
Derivative Instruments
(Loss) gain on foreign currency forward exchange contracts and other contracts	$	(512)	$	8,040	$	15,517	Cost of sales
Tax effect	(400)		81		(652)		(Benefit) provision for income taxes
	$	(912)	$	8,121	$	14,865	Net Income (Loss)
Employee Benefit Plans
Amortization of prior service credit (a)	$	1,875	$	1,735	$	1,974	Other non-operating expense, net
Recognized actuarial loss (a)	(11,167)		(9,510)		(7,201)		Other non-operating expense, net
Curtailment loss (a)	(48)		(50)		(92)		Other non-operating expense, net
Settlement loss (a)	(6,982)		—		—		Other non-operating expense, net
	(16,322)		(7,825)		(5,319)
Tax effect	3,528		1,881		1,255		(Benefit) provision for income taxes
	$	(12,794)	$	(5,944)	$	(4,064)	Net Income (Loss)

(a)The amortization of prior service credit, recognized actuarial loss, curtailment loss and settlement loss are included in the computation of net periodic benefit cost. Refer to "Note 4 to the Consolidated Financial Statements—Employee Benefit Plans" for additional information regarding Mattel’s net periodic benefit cost.