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v3.23.3

Stockholders’ Equity (Tables) | 9 Months Ended
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Sep. 30, 2023
Equity [Abstract] |
Summary of Reconciliation of Changes in Stockholders' Equity | The following is a reconciliation of changes in stockholders’ equity for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In thousands)
Class A common stock |  |  |  |  |  |  |
Beginning balance | $ | 5 |  |  | $ | 5 |  |  | $ | 5 |  |  | $ | 4 |
Shares issued | — |  |  | — |  |  | — |  |  | 1 |
Ending balance | $ | 5 |  |  | $ | 5 |  |  | $ | 5 |  |  | $ | 5 |
Class B common stock |  |  |  |  |  |  |
Beginning balance | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Redemption of common units of FAH, LLC | — |  |  | — |  |  | — |  |  | (1) |
Ending balance | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Additional paid-in capital |  |  |  |  |  |  |
Beginning balance | $ | 319,531 |  |  | $ | 304,258 |  |  | $ | 310,807 |  |  | $ | 252,505 |
Equity-based compensation | (916) |  |  | 4,677 |  |  | 7,521 |  |  | 11,999 |
Shares issued for equity-based compensation awards | — |  |  | 650 |  |  | 287 |  |  | 1,209 |
Redemption of common units of FAH, LLC | 167 |  |  | 21 |  |  | 167 |  |  | 37,922 |
Recapitalization of common units of FAH, LLC | — |  |  | — |  |  | — |  |  | 5,873 |
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets | — |  |  | 3 |  |  | — |  |  | 101 |
Ending balance | $ | 318,782 |  |  | $ | 309,609 |  |  | $ | 318,782 |  |  | $ | 309,609 |
Accumulated other comprehensive (loss) income |  |  |  |  |  |  |
Beginning balance | $ | (426) |  |  | $ | (2,575) |  |  | $ | (2,603) |  |  | $ | 1,078 |
Foreign currency translation loss, net of tax | (2,604) |  |  | (3,276) |  |  | (427) |  |  | (6,929) |
Ending balance | $ | (3,030) |  |  | $ | (5,851) |  |  | $ | (3,030) |  |  | $ | (5,851) |
(Accumulated deficit) retained earnings |  |  |  |  |  |  |
Beginning balance | $ | (68,294) |  |  | $ | 92,604 |  |  | $ | 60,015 |  |  | $ | 68,050 |
Net (loss) income attributable to Funko, Inc. | (15,009) |  |  | 9,630 |  |  | (143,318) |  |  | 34,184 |
Ending balance | $ | (83,303) |  |  | $ | 102,234 |  |  | $ | (83,303) |  |  | $ | 102,234 |
Non-controlling interests |  |  |  |  |  |  |
Beginning balance | $ | 11,936 |  |  | $ | 25,671 |  |  | $ | 21,465 |  |  | $ | 74,920 |
Distributions to TRA Parties | (7) |  |  | (283) |  |  | (1,110) |  |  | (10,507) |
Redemption of common units of FAH, LLC | (167) |  |  | (21) |  |  | (167) |  |  | (37,922) |
Recapitalization of common units of FAH, LLC | — |  |  | — |  |  | — |  |  | (5,873) |
Foreign currency translation (loss) gain, net of tax | (235) |  |  | (398) |  |  | 36 |  |  | (1,406) |
Net (loss) income attributable to non-controlling interests | (1,215) |  |  | 1,519 |  |  | (9,912) |  |  | 7,276 |
Ending balance | $ | 10,312 |  |  | $ | 26,488 |  |  | $ | 10,312 |  |  | $ | 26,488 |
Total stockholders’ equity | $ | 242,766 |  |  | $ | 432,485 |  |  | $ | 242,766 |  |  | $ | 432,485 |
Summary of Reconciliation of Changes in Class A and Class B Common Shares Outstanding | The following is a reconciliation of changes in Class A and Class B common shares outstanding for the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In thousands)
Class A common shares outstanding |  |  |  |  |  |  |
Beginning balance | 47,497 |  |  | 46,832 |  |  | 47,192 |  |  | 40,088 |
Shares issued for equity-based compensation awards | 1,170 |  |  | 259 |  |  | 1,475 |  |  | 507 |
Redemption of common units of FAH, LLC | 60 |  |  | 4 |  |  | 60 |  |  | 6,500 |
Ending balance | 48,727 |  |  | 47,095 |  |  | 48,727 |  |  | 47,095 |
Class B common shares outstanding |  |  |  |  |  |  |
Beginning balance | 3,293 |  |  | 3,293 |  |  | 3,293 |  |  | 10,691 |
Redemption of common units of FAH, LLC | — |  |  | — |  |  | — |  |  | (6,488) |
Recapitalization of Class B common shares | — |  |  | — |  |  | — |  |  | (910) |
Ending balance | 3,293 |  |  | 3,293 |  |  | 3,293 |  |  | 3,293 |
Total Class A and Class B common shares outstanding | 52,020 |  |  | 50,388 |  |  | 52,020 |  |  | 50,388 |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
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