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Loss Per Share
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 8 — Loss Per Share

 

The following table is a reconciliation of the weighted average shares used in the computation of loss per share for the periods presented (in thousands, except per share data):

 

   

Three Months Ended March 31,

  

Loss per share - basic and diluted

  

2022

    

2021

  

Net loss

   $ (3,909 )   $ (24,051 )

Net income (loss) attributable to non-controlling interests

     (100 )     35  

Net loss attributable to JAKKS Pacific, Inc.

     (3,809 )     (24,086 )

Preferred stock dividend

     346       326  

Net loss attributable to common stockholders *

   $ (4,155 )   $ (24,412 )

Weighted average common shares outstanding - basic and diluted

     9,588       5,379  

Loss per share available to common stockholder- basic and diluted

   $ (0.43 )   $ (4.54 )

 

* Net loss attributable to common stockholders was computed by deducting preferred dividends of $0.3 million for the three months ended March 31, 2022 and 2021.

 

Basic loss per share is calculated using the weighted average number of common shares outstanding during the period. Diluted loss per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of restricted stock awards, restricted stock units and convertible debt to the extent they are dilutive). For the three months ended March 31, 2022 and 2021, the convertible senior notes interest and related weighted common share equivalent of nil and 3,853,393, respectively, were excluded from the diluted loss per share calculation since they would have been anti-dilutive. Potentially dilutive restricted stock awards and units of 310,907 and 239,707 for the three months ended March 31, 2022, and 2021, respectively, were excluded from the computation of diluted loss per share since they would have been anti-dilutive.