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Goodwill and Intangible Assets, Net | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net Goodwill Goodwill is allocated to various reporting units, which are at the operating segment level, for the purpose of evaluating whether goodwill is impaired. Mattel's reporting units are: (i) North America; (ii) International; and (iii) American Girl. Components of the operating segments have been aggregated into a single reporting unit as the components have similar economic characteristics. The similar economic characteristics include the nature of the products, the nature of the production processes, the customers, and the manner in which the products are distributed. Mattel tests its goodwill for impairment annually in the third quarter and whenever events or changes in circumstances indicate that the carrying amount of a reporting unit may exceed its fair value. In the third quarter of 2023, Mattel performed its annual impairment test and determined that goodwill was not impaired. The change in the carrying amount of goodwill by reporting unit for the nine months ended September 30, 2023 is shown below. Brand-specific goodwill held by foreign subsidiaries is allocated to the North America reporting unit selling those brands, thereby causing a foreign currency translation impact.
| December 31, 2022 |  |  |  | Currency Exchange Rate Impact |  | September 30, 2023
| (In thousands)
North America | $ | 731,993 |  |  |  |  | $ | 265 |  |  | $ | 732,258 |
International | 438,987 |  |  |  |  | 1,226 |  |  | 440,213 |
American Girl | 207,571 |  |  |  |  | — |  |  | 207,571 |
| $ | 1,378,551 |  |  |  |  | $ | 1,491 |  |  | $ | 1,380,042 |
Intangible Assets, Net Amortizable intangible assets were $397.8 million, net of accumulated amortization of $396.8 million, $426.3 million, net of accumulated amortization of $355.3 million, and $425.1 million, net of accumulated amortization of $364.9 million as of September 30, 2023, September 30, 2022, and December 31, 2022, respectively. Mattel's amortizable intangible assets primarily consist of trademarks and trade names. Mattel tests its amortizable intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Mattel's amortizable intangible assets were not impaired during the three and nine months ended September 30, 2023 and 2022.

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