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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
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. The allowance consists of the following (in thousands):

 

   2024   2023 
Allowance, beginning balance  $3,743   $2,865 
Net additions   1,397    726 
Write-offs and other   (221)   152 
Allowance, ending balance  $4,919   $3,743 
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, 
   2024   2023 
Raw materials  $—   $122 
Finished goods   52,780    52,525 
   $52,780   $52,647 
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
  Internal-use software 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, 2024, 2023, and 2022 follows (in thousands, except per share data):

 

   Year Ended December 31, 
   2024   2023   2022 
Net income  $34,200   $38,113   $91,083 
Net income (loss) attributable to non-controlling interests   280    (293)   (330)
Net income attributable to JAKKS Pacific, Inc.   33,920    38,406    91,413 
Preferred stock dividend*   —    (1,502)   (1,416)
Redemption of preferred stock   1,330    —    — 
Net income attributable to common stockholders**  $35,250   $36,904   $89,997 
Weighted average common shares outstanding - basic   10,781    9,962    9,651 
Earnings per share available to common stockholders - basic  $3.27   $3.70   $9.33 
Weighted average common shares outstanding - diluted   11,226    10,590    10,155 
Earnings per share available to common stockholders - diluted  $3.14   $3.48   $8.86 

 

*The 200,000 shares issued and outstanding as of December 31, 2023 were non-participating. A preferred dividend of $0.4 million was accrued for Q1 2024 and included in the preferred stock redemption.

**Net income attributable to common stockholders was computed by deducting the difference between the fair value of the consideration transferred to the holders of the preferred stock and the carrying amount of the preferred stock and fair value of the related derivative liability of $1.3 million for the years ended December 31, 2024 and the preferred stock dividend of $1.5 million and $1.4 million for the years ended December 31, 2023 and 2022 respectively.