XML 36 R25.htm IDEA: XBRL DOCUMENT v3.23.3

Stockholders’ Equity (Tables)

9 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in common stock outstanding.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration