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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Accounts Receivable, Allowance for Credit Loss [Table Text Block] The Company records an allowance for current expected credit losses based upon management’s assessment of the business environment, customers’ risk profile characteristics, historical collection and loss information, aging of accounts receivables, and other matters specific to customer accounts to establish pools based on customer risk profile characteristics and the historical loss rates applied to each pool under the expected credit loss model.
   

2023

   

2022

 

Allowance, beginning balance

  $ 2,865     $ 2,626  

Net additions

    726       233  

Write-offs and other

    152       6  

Allowance, ending balance

  $ 3,743     $ 2,865  
Schedule of Inventory, Current [Table Text Block] Inventory, which includes the ex-factory cost of goods, capitalized warehouse costs and in-bound freight and duty, is valued at the lower of cost (weighted average) or net realizable value, net of inventory obsolescence reserve, and consists of the following (in thousands):
   

December 31,

 
   

2023

   

2022

 

Raw materials

  $ 122     $ 69  

Finished goods

    52,525       80,550  
    $ 52,647     $ 80,619  
Property, Plant and Equipment [Table Text Block] Property and equipment are stated at cost and are being depreciated using the straight-line method over their estimated useful lives as follows:

Office equipment

5 years

Automobiles

5 years

Furniture and fixtures

5 - 7 years

Leasehold improvements

Shorter of length of lease or 10 years

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] A reconciliation of the amounts used to calculate basic and diluted income (loss) per share for the years ended December 31, 2023, 2022, and 2021 follows (in thousands, except per share data):
   

Year Ended December 31,

 
   

2023

   

2022

   

2021

 

Net income (loss)

  $ 38,113     $ 91,083     $ (5,888 )

Net income (loss) attributable to non-controlling interests

    (293 )     (330 )     120  

Net income (loss) attributable to JAKKS Pacific, Inc.

    38,406       91,413       (6,008 )

Preferred stock dividend*

    (1,502 )     (1,416 )     (1,334 )

Net income (loss) attributable to common stockholders**

  $ 36,904     $ 89,997     $ (7,342 )

Weighted average common shares outstanding - basic

    9,962       9,651       7,498  

Earnings (loss) per share available to common stockholders - basic

  $ 3.70     $ 9.33     $ (0.98 )

Weighted average common shares outstanding - diluted

    10,590       10,155       7,498  

Earnings (loss) per share available to common stockholders - diluted

  $ 3.48     $ 8.86     $ (0.98 )

* The 200,000 shares issued and outstanding are non-participating.

** Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $1.5 million, $1.4 million and $1.3 million for the years ended December 31, 2023, 2022 and 2021 respectively.