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Goodwill and Identifiable Intangible Assets, Net | 3 Months Ended
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Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Identifiable Intangible Assets, Net | Goodwill and Identifiable Intangible Assets, Net Goodwill Mattel's reporting units are (i) North America, which consists of the United States and Canada, (ii) International, and (iii) American Girl. Goodwill related to the American Girl reporting unit is included in the North America operating segment. Mattel's reportable segments are: (i) North America and (ii) International. Certain 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. The change in the carrying amount of goodwill by reporting unit for the three months ended March 31, 2025 is shown below. Goodwill is allocated to reporting units at the acquisition date based upon the expected benefits to those reporting units, thereby causing foreign currency translation impact.
| December 31, 2024 |  |  |  | Currency Exchange Rate Impact |  | March 31, 2025
| (In thousands)
North America | $ | 732,995 |  |  |  |  | $ | 927 |  |  | $ | 733,922 |
International | 441,155 |  |  |  |  | 2,415 |  |  | 443,570 |
American Girl | 207,571 |  |  |  |  | — |  |  | 207,571 |
| $ | 1,381,721 |  |  |  |  | $ | 3,342 |  |  | $ | 1,385,063 |
Identifiable Intangible Assets, Net Mattel's identifiable intangible assets, net consisted of the following:
| March 31, 2025 |  | March 31, 2024 |  | December 31, 2024
| (In thousands)
Identifiable intangibles | $ | 803,872 |  |  | $ | 800,092 |  |  | $ | 798,655 |
Less: accumulated amortization | (447,970) |  |  | (415,786) |  |  | (438,092) |
| $ | 355,902 |  |  | $ | 384,306 |  |  | $ | 360,563 |
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 months ended March 31, 2025 and 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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