JAKKS Pacific (JAKK) 10-Q 9 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 06, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	JAKK
Entity Registrant Name	JAKKS PACIFIC INC
Entity Central Index Key	1,009,829
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		22,373,094

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents		$ 81,211	$ 71,525	[1]
Marketable securities	[1]		220
Accounts receivable, net of allowance for uncollectible accounts of $3,264 and $2,689, respectively		292,861	234,516	[1]
Inventory, net		81,404	78,827	[1]
Income taxes receivable		24,008	24,008	[1]
Deferred income taxes		3,358	3,358	[1]
Prepaid expenses and other		30,683	25,139	[1]
Total current assets		513,525	437,593	[1]
Property and equipment
Office furniture and equipment		15,064	14,440	[1]
Molds and tooling		95,431	87,360	[1]
Leasehold improvements		10,406	5,280	[1]
Total		120,901	107,080	[1]
Less accumulated depreciation and amortization		102,297	95,984	[1]
Property and equipment, net		18,604	11,096	[1]
Intangibles		43,997	48,904	[1]
Other long term assets		9,779	10,389	[1]
Investment in DreamPlay, LLC		7,000	7,000	[1]
Goodwill, net		44,344	44,492	[1]
Trademarks, net		2,308	2,308	[1]
Total assets		639,557	561,782	[1]
Current liabilities
Accounts payable		94,631	56,113	[1]
Accrued expenses		70,903	86,974	[1]
Reserve for sales returns and allowances		26,616	24,477	[1]
Income taxes payable		24,797	23,784	[1]
Short term debt		25,000
Total current liabilities		241,947	191,348	[1]
Long term debt		215,000	215,000	[1]
Other liabilities		4,232	1,874	[1]
Income taxes payable		2,198	2,496	[1]
Deferred income taxes		5,980	5,980	[1]
Total liabilities		$ 469,357	$ 416,698	[1]
Commitments and Contingencies				[1]
Stockholders' equity
Preferred shares, $.001 par value; 5,000,000 shares authorized; nil outstanding				[1]
Common stock, $.001 par value; 100,000,000 shares authorized; 22,682,295 and 22,599,061 shares issued and outstanding, respectively		$ 23	$ 23	[1]
Treasury stock, at cost; 3,112,840 and 3,886,873 shares, respectively		(30,988)	(24,000)	[1]
Additional paid-in capital		203,503	202,051	[1]
Retained earnings (accumulated deficit)		5,939	(26,645)	[1]
Accumulated other comprehensive loss		(8,739)	(6,835)	[1]
Total JAKKS Pacific, Inc. stockholders' equity		169,738	144,594	[1]
Non-controlling interests		462	490	[1]
Total stockholders' equity		170,200	145,084	[1]
Total liabilities and stockholders' equity		$ 639,557	$ 561,782	[1]
[1]	Derived from audited financial statements

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	[1]
Accounts receivable, allowance for uncollectible accounts	$ 2,689	$ 3,264
Preferred shares, par value	$ 0.001	$ 0.001
Preferred shares, shares authorized	5,000,000	5,000,000
Preferred shares, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	22,599,061	22,682,295
Common stock, shares outstanding	22,599,061	22,682,295
Treasury stock, shares	3,886,873	3,112,840
[1]	Derived from audited financial statements

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Sales	$ 337,027	$ 349,362	$ 582,334	$ 556,044
Cost of sales	232,698	254,625	403,340	399,934
Gross profit	104,329	94,737	178,994	156,110
Selling, general and administrative expenses	59,701	50,925	141,573	132,041
Income from operations	44,628	43,812	37,421	24,069
Income from joint ventures	60		1,744	314
Other income	5,642	5,932	5,642	5,932
Interest income	16	32	51	89
Interest expense	(3,107)	(3,969)	(9,187)	(9,158)
Income before provision for income taxes	47,239	45,807	35,671	21,246
Provision for income taxes	1,375	1,738	3,115	2,535
Net income	45,864	44,069	32,556	18,711
Net income (loss) attributable to non-controlling interests	19		(28)
Net income attributable to JAKKS Pacific, Inc.	$ 45,845	$ 44,069	$ 32,584	$ 18,711
Earnings per share - basic	$ 2.47	$ 2.33	$ 1.72	$ 0.90
Earnings per share - diluted	$ 1.12	$ 1.03	$ 0.89	$ 0.61
Comprehensive income	$ 43,984	$ 43,821	$ 30,680	$ 18,952

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015		Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 32,556		$ 18,711
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	14,220		16,134
Amortization of debt discount and issuance costs	1,464		2,243
Share-based compensation expense	1,452		997
(Gain) loss on disposal of property and equipment	(28)		18
Income from joint ventures			(314)
Changes in operating assets and liabilities:
Accounts receivable	(58,345)		(203,115)
Inventory	(2,577)		(41,992)
Prepaid expenses and other current assets	(6,294)		(2,018)
Accounts payable	38,518		90,348
Accrued expenses	(16,071)		11,280
Income taxes payable	715		4,796
Reserve for sales returns and allowances	2,139		(2,496)
Other liabilities	2,358		228
Total adjustments	(22,449)		(123,891)
Net cash provided by (used in) operating activities	10,107		(105,180)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(15,593)		(8,714)
Sale of marketable securities	220
Change in other assets	(3,080)		453
Distribution from joint venture	60		332
Net cash used in investing activities	(18,393)		(7,929)
CASH FLOWS FROM FINANCING ACTIVITIES
Common stock repurchased	(6,988)		(24,000)
Proceeds from credit facility borrowings	25,000		10,000
Repayment of credit facility borrowings			(10,000)
Proceeds from issuance of senior convertible notes			115,000
Issuance costs related to senior convertible notes			(4,594)
Credit facility costs	(188)		(1,851)
Net cash provided by financing activities	17,824		84,555
Effect of foreign currency translation	148		100
Net change in cash and cash equivalents	9,686		(28,454)
Cash and cash equivalents, beginning of period	71,525	[1]	117,071
Cash and cash equivalents, end of period	81,211		88,617
Cash paid (received) during the period for:
Income taxes	3,625		(2,331)
Interest	$ 4,390		$ 5,408
[1]	Derived from audited financial statements

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2015
Basis of Presentation	Note 1 — Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements included herein have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures are adequate to prevent the information presented from being misleading. These financial statements should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations and the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K, which contains audited financial information for the three years in the period ended December 31, 2014. The information provided in this report reflects all adjustments (consisting solely of normal recurring items) that are, in the opinion of management, necessary to present fairly the financial position and the results of operations for the periods presented. Interim results are not necessarily indicative of results to be expected for a full year. The condensed consolidated financial statements include the accounts of JAKKS Pacific, Inc. and its wholly-owned subsidiaries (collectively, “the Company”). The condensed consolidated financial statements also include the accounts of DreamPlay Toys, LLC, a joint venture between JAKKS Pacific, Inc. and NantWorks LLC, and JAKKS Meishing Trading (Shanghai) Limited, a joint venture between JAKKS Pacific, Inc. and Meishing Culture & Creative Corp. In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (ASU 2014-09), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. In April 2015, the FASB issued for public comment a proposed ASU to defer the effective date of ASU 2014-09 and in July 2015, affirmed its proposal to defer the effective date of the new revenue standard for all entities by one year. The mandatory adoption date of ASC 606 for the Company is now January 1, 2018. There are two methods of adoption allowed, either: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). The Company is currently evaluating the impact of the pending adoption of ASU 2014-09 on the consolidated financial statements and has not yet determined the method by which the Company will adopt the standard in 2017. In August 2014, the FASB amended the FASB Accounting Standards Codification and amended Subtopic 205-40, “Presentation of Financial Statements — Going Concern.” This amendment prescribes that an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The amendments will become effective for the Company’s annual and interim reporting periods beginning January 1, 2017. Upon adoption the Company will use this guidance to evaluate going concern. In April 2015, the FASB issued Accounting Standards Update 2015-03, “Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”). ASU 2015-03 requires an entity to present debt issuance costs related to a recognized debt liability in the balance sheet as a direct deduction from the carrying amount of the debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The amendment will be effective for the Company’s annual and interim reporting periods beginning January 1, 2016 and should be applied on a retrospective basis. The adoption of ASU 2015-03 will not have any impact on the Company’s results of operations, but will result in debt issuance costs being presented as a direct reduction from the carrying amount of debt liabilities. This standard will not have a material impact on the Company’s consolidated financial statements. In August 2015, the FASB issued Accounting Standards Update 2015-15, “Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” (“ASU 2015-15”). ASU 2015-15 codifies an SEC staff announcement that entities are permitted to defer and present debt issuance costs related to line-of-credit arrangements as assets. The announcements were effective upon issuance. The adoption of ASU 2015-15 does not have any impact on the Company’s consolidated financial statements. In July 2015, the FASB issued Accounting Standards Update 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory” (“ASU 2015-11”). ASU 2015-11 requires inventory accounted for under the FIFO or average cost method to be measured using the lower of cost and net realizable value. The amendments are effective prospectively for fiscal years and for interim periods beginning after December 15, 2016. The Company is currently evaluating the impact of the pending adoption of ASU 2015-11 on the consolidated financial statements.

Business Segments, Geographic D

Business Segments, Geographic Data, Sales by Product Group and Major Customers	9 Months Ended
	Sep. 30, 2015
Business Segments, Geographic Data, Sales by Product Group and Major Customers	Note 2 — Business Segments, Geographic Data, Sales by Product Group and Major Customers The Company is a worldwide producer and marketer of children’s toys and other consumer products, principally engaged in the design, development, production, marketing and distribution of its diverse portfolio of products. The Company’s reportable segments are Traditional Toys and Electronics, and Role Play, Novelty and Seasonal Toys, each of which includes worldwide sales. The Traditional Toys and Electronics segment includes action figures, vehicles, playsets, plush products, dolls, accessories, electronic products, construction toys, infant and pre-school toys, foot to floor ride-on vehicles, wagons and pet treats and related products. The Role Play, Novelty and Seasonal Toys segment includes role play and dress-up products, Halloween and everyday costume play, novelty toys, seasonal and outdoor products and indoor and outdoor kids’ furniture. Segment performance is measured at the operating income level. All sales are made to external customers and general corporate expenses have been attributed to the various segments based upon sales volumes. Segment assets are comprised of accounts receivable and inventories, net of applicable reserves and allowances, goodwill and other assets. Results are not necessarily those that would be achieved were each segment an unaffiliated business enterprise. Information by segment and a reconciliation to reported amounts for the three and nine months ended September 30, 2014 and 2015 and as of December 31, 2014 and September 30, 2015 are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Sales Traditional Toys and Electronics $ 173,785 $ 204,332 $ 258,872 $ 332,737 Role Play, Novelty and Seasonal Toys 175,577 132,695 297,172 249,597 $ 349,362 $ 337,027 $ 556,044 $ 582,334 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Operating Income Traditional Toys and Electronics $ 21,322 $ 20,431 $ 6,208 $ 9,547 Role Play, Novelty and Seasonal Toys 22,490 24,197 17,861 27,874 $ 43,812 $ 44,628 $ 24,069 $ 37,421 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Depreciation and Amortization Expense Traditional Toys and Electronics $ 4,773 $ 4,546 $ 9,062 $ 8,825 Role Play, Novelty and Seasonal Toys 3,859 2,833 7,072 5,395 $ 8,632 $ 7,379 $ 16,134 $ 14,220 December 31, September 30, 2014 2015 Assets Traditional Toys and Electronics $ 313,380 $ 397,082 Role Play, Novelty and Seasonal Toys 248,402 242,475 $ 561,782 $ 639,557 The following tables present information about the Company by geographic area as of December 31, 2014 and September 30, 2015 and for the three and nine months ended September 30, 2014 and 2015 (in thousands): December 31, 2014 September 30, 2015 Long-lived Assets China $ 8,816 $ 10,201 United States 1,689 7,827 Hong Kong 591 576 $ 11,096 $ 18,604 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Sales by Customer Area United States $ 281,989 $ 242,467 $ 448,842 $ 416,690 Europe 28,018 55,389 41,410 92,948 Canada 14,434 16,441 22,948 27,255 Hong Kong 1,354 414 2,095 1,210 Other 23,567 22,316 40,749 44,231 $ 349,362 $ 337,027 $ 556,044 $ 582,334 Major Customers Net sales to major customers for the three and nine months ended September 30, 2014 and 2015 were as follows (in thousands, except for percentages): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Amount Percentage of Net Sales Amount Percentage of Net Sales Amount Percentage of Net Sales Amount Percentage of Net Sales Wal-Mart $ 81,731 23.4 % $ 77,240 22.9 % $ 115,295 20.7 % $ 126,743 21.7 % Target 55,849 16.0 40,647 12.1 79,954 14.4 66,292 11.4 Toys ‘R’ Us 33,770 9.7 27,292 8.1 61,063 11.0 50,620 8.7 $ 171,350 49.1 % $ 145,179 43.1 % $ 256,312 46.1 % $ 243,655 41.8 % No other customer accounted for more than 10% of the Company’s total net sales. At December 31, 2014 and September 30, 2015, the Company’s three largest customers accounted for approximately 29.8% and 33.0% respectively, of net accounts receivable. The concentration of the Company’s business with a relatively small number of customers may expose the Company to material adverse effects if one or more of its large customers were to experience financial difficulty. The Company performs ongoing credit evaluations of its top customers and maintains an allowance for potential credit losses.

Inventory

Inventory	9 Months Ended
	Sep. 30, 2015
Inventory	Note 3 — Inventory Inventory, which includes the ex-factory cost of goods, in-bound freight, duty and capitalized warehouse costs, is valued at the lower of cost (first-in, first-out) or market, net of inventory obsolescence reserve, and consists of the following (in thousands): December 31, 2014 September 30, 2015 Raw materials $ 1,040 $ 1,074 Finished goods 77,787 80,330 $ 78,827 $ 81,404

Revenue Recognition and Reserve

Revenue Recognition and Reserve for Sales Returns and Allowances	9 Months Ended
	Sep. 30, 2015
Revenue Recognition and Reserve for Sales Returns and Allowances	Note 4 — Revenue Recognition and Reserve for Sales Returns and Allowances Revenue is recognized upon the shipment of goods to customers or their agents, depending upon terms, provided there are no uncertainties regarding customer acceptance, the sales price is fixed or determinable and collectability is reasonably assured and not contingent upon resale. Generally, the Company does not allow product returns. It provides its customers a negotiated allowance for breakage or defects, which is recorded when the related revenue is recognized. However, the Company does make occasional exceptions to this policy and consequently accrues a return allowance based upon historic return amounts and management estimates. The Company occasionally grants credits to facilitate markdowns and sales of slow moving merchandise. These credits are recorded as a reduction of gross sales at the time of occurrence. The Company also participates in cooperative advertising arrangements with some customers, whereby it allows a discount from invoiced product amounts in exchange for customer purchased advertising that features the Company’s products. Typically, these discounts range from 1% to 10% of gross sales, and are generally based upon product purchases or specific advertising campaigns. Such amounts are accrued when the related revenue is recognized or when the advertising campaign is initiated. These cooperative advertising arrangements are accounted for as direct selling expenses. The Company’s reserve for sales returns and allowances amounted to $24.5 million as of December 31, 2014, compared to $26.6 million as of September 30, 2015. This increase is primarily due to higher sales for the first nine months of 2015 offset in part by certain customers taking their year-end allowances related to 2014 sales during 2015.

Credit Facility

Credit Facility	9 Months Ended
	Sep. 30, 2015
Credit Facility	Note 5 — Credit Facility In March 2014, the Company and its domestic subsidiaries entered into a secured credit facility with General Electric Capital Corporation (the “GE Loan Agreement”). The GE Loan Agreement, as amended, provides for a $75.0 million revolving credit facility subject to availability based on prescribed advance rates on certain accounts receivable and inventory. The amounts outstanding under the revolving credit facility are payable in full upon maturity of the revolving credit facility on March 27, 2019. The revolving credit facility is secured by a security interest in favor of the lender covering a substantial amount of the assets of the Company. As of September 30, 2015, the amount of outstanding borrowings on the revolving credit facility is $25.0 million and outstanding stand-by letters of credit totaled $8.1 million; the total excess borrowing capacity is approximately $9.4 million. The Company’s ability to borrow under the GE Loan Agreement is also subject to its ongoing compliance with certain financial covenants, including that the Company and its domestic subsidiaries maintain a fixed charge coverage ratio of at least 1.2:1.0 based on the trailing four quarters. The GE Loan Agreement allows the Company to borrow under the revolving credit facility at LIBOR or at a base rate, plus applicable margins of 225 basis point spread over LIBOR and 125 basis point spread on base rate loans. In addition to standard fees, the revolving credit facility has an unused line fee based on the unused amount of the credit facility, ranging from 25 to 50 basis points. As of September 30, 2015, the rate on the revolving credit facility was approximately 2.56%. The GE Loan Agreement also contains customary events of default, including a cross default provision and a change of control provision. In the event of a default, all of the obligations of the Company and its subsidiaries under the GE Loan Agreement may be declared immediately due and payable. For certain events of default relating to insolvency and receivership, all outstanding obligations become due and payable. As of September 30, 2015, the Company was in compliance with the financial covenants under the GE Loan Agreement. In the event the Company fails to meet any of the financial covenants or any other covenants under the GE Loan Agreement in the future, the lender could declare an event of default, which could have a material adverse effect on the Company’s financial condition and results of operations.

Convertible Senior Notes

Convertible Senior Notes	9 Months Ended
	Sep. 30, 2015
Convertible Senior Notes	Note 6 — Convertible Senior Notes In November 2009, the Company sold an aggregate of $100.0 million principal amount of 4.50% Convertible Senior Notes due 2014 (the “2014 Notes”). The 2014 Notes were senior unsecured obligations of the Company, paid cash interest semi-annually at a rate of 4.50% per annum and matured on November 1, 2014. In July 2013, the Company repurchased an aggregate of $61.0 million principal amount of the 2014 Notes at par plus accrued interest with a portion of the net proceeds from the issuance of $100.0 million principal amount of 4.25% convertible senior notes due 2018 resulting in a gain on extinguishment of $0.1 million, and as of November 1, 2014, the Company paid the outstanding balance of $39.0 million related to the 2014 Notes. Accounting Standards Codification ("ASC") 470-20, “Debt with Conversion and Other Options,” requires the issuer of certain convertible debt instruments that may be settled in cash (or other assets) upon conversion to separately account for the liability (debt) and equity (conversion option) components of the instrument in a manner that reflects the issuer's non-convertible debt borrowing rate. In accordance with ASC 470-20, the Company allocated $13.7 million of the original $100.0 million principal amount of the 2014 Notes to the equity component, which represented a discount to the debt that was amortized to interest expense through November 1, 2014. Interest expense associated with the amortization of the discount was $0.3 million for the three months ended September 30, 2014, and $0.8 million for the nine months ended September 30, 2014. In July 2013, the Company sold an aggregate of $100.0 million principal amount of 4.25% Convertible Senior Notes due 2018 (the “2018 Notes”). The 2018 Notes are senior unsecured obligations of the Company paying interest semi-annually in arrears on August 1 and February 1 of each year at a rate of 4.25% per annum and will mature on August 1, 2018. The initial conversion rate for the 2018 Notes is 114.3674 shares of JAKKS common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $8.74 per share of common stock, subject to adjustment in certain events. Upon conversion, the 2018 Notes will be settled in shares of the Company’s common stock. Holders of the 2018 Notes may require that the Company repurchase for cash all or some of their notes upon the occurrence of a fundamental change (as defined in the 2018 Notes). The Company used $61.0 million of the approximately $96.0 million in net proceeds from the offering to repurchase at par $61.0 million principal amount of the 2014 Notes. The remainder of the net proceeds has been, and will be, used for general corporate purposes. In June 2014, the Company sold an aggregate of $115.0 million principal amount of 4.875% Convertible Senior Notes due 2020 (the “2020 Notes”). The 2020 Notes are senior unsecured obligations of the Company paying interest semi-annually in arrears on June 1 and December 1 of each year at a rate of 4.875% per annum and will mature on June 1, 2020. The initial conversion rate for the 2020 Notes is 103.7613 shares of our common stock per $1,000 principal amount of notes, equivalent to an initial conversion price of approximately $9.64 per share of common stock, subject to adjustment in certain events. Upon conversion, the 2020 Notes will be settled in shares of the Company’s common stock. Holders of the 2020 Notes may require that the Company repurchase for cash all or some of their notes upon the occurrence of a fundamental change (as defined in the 2020 Notes). The Company received net proceeds of approximately $110.4 million from the offering of which $24.0 million was used to repurchase 3.1 million shares of the Company’s common stock under a prepaid forward purchase contract and $39.0 million was used to redeem the remaining outstanding principal amount of the 2014 Notes at maturity. The remainder of the net proceeds will be used for general corporate purposes. The fair value of the 2018 Notes as of December 31, 2014 and September 30, 2015 was approximately $96.3 million and $106.9 million, respectively, based upon the most recent quoted market price. The fair value of the 2020 Notes as of December 31, 2014 and September 30, 2015 was approximately $100.9 million and $118.2 million, respectively, based upon the most recent quoted market price. The fair value of the convertible senior notes is considered to be a Level 2 measurement on the fair value hierarchy.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes	Note 7 — Income Taxes The Company’s income tax expense of $1.7 million for the three months ended September 30, 2014 reflects an effective tax rate of 3.8%. The Company’s income tax expense of $1.4 million for the three months ended September 30, 2015 reflects an effective tax rate of 2.9%. The majority of the provision relates to foreign taxes. The Company’s income tax expense of $2.5 million for the nine months ended September 30, 2014 reflects an effective tax rate of 11.9%. The Company’s income tax expense of $3.1 million for the nine months ended September 30, 2015 reflects an effective tax rate of 8.7%. The majority of the provision relates to foreign taxes.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share	Note 8 — Earnings Per Share The following table is a reconciliation of the weighted average shares used in the computation of earnings per share for the periods presented (in thousands, except per share data): Three Months Ended September 30, 2014 2015 Income Weighted Average Shares Per-Share Income Weighted Average Shares Per- Share Earnings per share – basic Net income available to common stockholders $ 44,069 18,897 $ 2.33 $ 45,845 18,559 $ 2.47 Effect of dilutive securities: Convertible senior notes 2,442 26,055 1,779 23,369 Unvested performance stock grants — — — 409 Unvested restricted stock grants — 200 — 225 Earnings per share – diluted Net income available to common stockholders plus assumed exercises and conversion $ 46,511 45,152 $ 1.03 $ 47,624 42,562 $ 1.12 Nine Months Ended September 30, 2014 2015 Income Weighted Average Shares Per-Share Income Weighted Average Shares Per- Share Earnings per share – basic Net income available to common stockholders $ 18,711 20,721 $ 0.90 $ 32,584 18,929 $ 1.72 Effect of dilutive securities: Convertible senior notes 5,456 19,063 5,516 23,369 Unvested performance stock grants — — — 284 Unvested restricted stock grants — 167 — 155 Earnings per share – diluted Net income available to common stockholders plus assumed exercises and conversion $ 24,167 39,951 $ 0.61 $ 38,100 42,737 $ 0.89 Basic earnings per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of warrants, options and convertible debt to the extent they are dilutive). The weighted average number of common shares outstanding excludes shares repurchased pursuant to a prepaid forward share repurchase agreement (See Note 9). Common share equivalents that could potentially dilute basic earnings per share in the future, which were excluded from the computation of diluted earnings per share due to being anti-dilutive, totaled approximately 1,587,361 and 1,500,000 for the three months ended September 30, 2014 and 2015, respectively, and approximately 1,608,764 and 1,500,000 for the nine months ended September 30, 2014 and 2015, respectively.

Common Stock and Preferred Stoc

Common Stock and Preferred Stock	9 Months Ended
	Sep. 30, 2015
Common Stock and Preferred Stock	Note 9 — Common Stock and Preferred Stock The Company has 105,000,000 authorized shares of stock consisting of 100,000,000 shares of $.001 par value common stock and 5,000,000 shares of $.001 par value preferred stock. In June 2014, the Company effectively repurchased 3,112,840 shares of its common stock at an average cost of $7.71 per share for an aggregate amount of $24.0 million pursuant to a prepaid forward share repurchase agreement entered into with Merrill Lynch International (“ML”). These repurchased shares are treated as retired for basic and diluted EPS purposes although they remain legally outstanding. The Company reflects the aggregate purchase price of its common shares repurchased as a reduction to stockholders’ equity classified as Treasury Stock. No shares have been delivered to the Company by ML as of September 30, 2015. In January 2015, the Company issued an aggregate of 525,734 shares of restricted stock at a value of approximately $3.6 million to two executive officers, which vest, subject to certain company financial performance criteria and market conditions, over a one to three year period. In addition, an aggregate of 73,855 shares of restricted stock were issued to its five non-employee directors, which vest in January 2016, at an aggregate value of approximately $0.5 million. In April 2015, the Company issued an aggregate of 135,234 shares of restricted stock at a value of approximately $0.9 million to an executive officer, which vest, subject to certain company financial performance criteria and market conditions, over a one to three year period. In June 2015, the Board of Directors authorized the repurchase of up to an aggregate of $30.0 million of the Company’s outstanding common stock and/or convertible notes (collectively, “securities”). The Company intends to retire any repurchased securities. As of September 30, 2015, the Company repurchased 774,033 shares of its common stock at an aggregate value of $7.0 million. All issuances of common stock, including those issued pursuant to stock option and warrant exercises, restricted stock grants and acquisitions, are issued from the Company’s authorized but not issued and outstanding shares.

Business Combinations

Business Combinations	9 Months Ended
	Sep. 30, 2015
Business Combinations	Note 10 — Business Combinations In July 2012, the Company acquired all of the stock of Maui, Inc., an Ohio corporation, and related entities (collectively, “Maui”). The total initial consideration of $37.6 million consisted of $36.2 million in cash and the assumption of liabilities in the amount of $1.4 million. In addition, the Company agreed to pay an earn-out of up to an aggregate amount of $18.0 million in cash over the three calendar years following the acquisition based on the achievement of certain financial performance criteria. The fair value of the expected earn-out of $16.0 million was accrued and recorded as goodwill as of the acquisition date. All future changes to the earn-out liability are to be credited to income. Maui did not achieve the prescribed earn-out targets for 2013 or 2014, therefore, $6.0 million and $5.9 million, respectively, was credited to other income in the fourth quarter of 2013 and third quarter of 2014. In addition, as of September 30, 2015, it was determined that Maui will not achieve the prescribed earn-out targets for 2015, accordingly, $5.6 million was credited to income in the third quarter of 2015. Maui is a leading manufacturer and distributor of spring and summer activity toys and impulse toys and was included in the Company’s results of operations from the date of acquisition.

Joint Ventures

Joint Ventures	9 Months Ended
	Sep. 30, 2015
Joint Ventures	Note 11 — Joint Ventures The Company owns a fifty percent interest in a joint venture (“Pacific Animation Partners”) with the U.S. entertainment subsidiary of a leading Japanese advertising and animation production company. The joint venture was created to develop and produce a boys’ animated television show, which it licenses worldwide for television broadcast as well as consumer products. The Company produces and markets toys based upon the television program under a license from the joint venture, which has also licensed certain other merchandising rights to third parties. The Company is responsible for fifty percent of the operating expenses of the joint venture and thirty-one percent of the production costs of the television show. The joint venture completed and delivered 65 episodes of the show, which began airing in February 2012, and has since ceased production of the television show. The Company’s investment is being accounted for using the equity method. For the three months ended September 30, 2014 and 2015, the Company recognized income of nil and $0.1 million from the joint venture, respectively, including producer fees and royalty income from the joint venture in the amount of nil for both periods. For the nine months ended September 30, 2014 and 2015, the Company recognized income of $0.3 million and $0.1 million from the joint venture, respectively, including producer fees and royalty income from the joint venture in the amount of nil for both periods. As of December 31, 2014 and September 30, 2015, the balance of the investment in the Pacific Animation Partners joint venture includes the following components (in thousands): December 31, September 30, 2014 2015 Capital contributions $ 3,856 $ 3,856 Equity in cumulative net loss (3,856 ) (3,856 ) Investment in joint venture $ — $ — In September 2012, the Company entered into a joint venture (“DreamPlay Toys”) with NantWorks LLC (“NantWorks”) in which it owns a fifty percent interest. Pursuant to the operating agreement of DreamPlay Toys, the Company paid to NantWorks cash in the amount of $8.0 million and issued NantWorks a warrant to purchase 1.5 million shares of the Company’s common stock at a value of $7.0 million in exchange for the exclusive right to arrange for the provision of the NantWorks recognition technology platform for toy products. The Company has classified these rights as an intangible asset and is amortizing the asset over the anticipated revenue stream from the exploitation of these rights. The joint venture entered into a Toy Services Agreement (the “TSA”) with NantWorks with an initial term of three years expiring on October 1, 2015 and a renewal period at the option of the Company expiring October 1, 2018, subject to the achievement of certain financial targets, to develop and produce toys utilizing recognition technologies owned by NantWorks. Under the terms of the TSA, NantWorks is entitled to receive a preferred return based upon net sales of DreamPlay Toys product sales and third-party license fees. Pursuant to an amendment, the TSA was renewed to September 30, 2018 in exchange for $1.2 million payable to NantWorks over a two-year period, subject to the achievement of certain financial targets. The accrued preferred return for NantWorks was approximately $530,789 and $295,457 for the three months ended September 30, 2014 and 2015, respectively, and $614,753 and $359,452 for the nine months ended September 30, 2014 and 2015, respectively. The Company retains the financial risk of the joint venture and is responsible for the day-to-day operations, including development, sales and distribution, for which it is entitled to receive any remaining profit or is responsible for any losses, and the results of operations of the joint venture are consolidated with the Company’s results. In addition, the Company purchased for $7.0 million in cash a five percent economic interest in a related entity, DreamPlay, LLC, that will exploit the proprietary recognition technologies in non-toy consumer product categories. NantWorks has the right to repurchase the Company’s interest for $7.0 million. The Company has classified this investment as a long term asset on its balance sheet and is accounting for it using the cost method. As of September 30, 2015 the Company determined that the value of this investment will be realized and that no impairment has occurred. In November 2014, the Company entered into a joint venture with Meisheng Culture & Creative Corp., for the purpose of providing certain JAKKS licensed and non-licensed toys and consumer products to agreed-upon territories of the People’s Republic of China. The joint venture includes a subsidiary in the Shanghai Free Trade Zone that is expected to sell, distribute and market these products, which can include dolls, plush, role play products, action figures, costumes, seasonal items, technology and app-enhanced toys among others. The Company owns fifty-one percent of the joint venture. In May 2015, the Company recognized $1.7 million of income for funds received in 2015 related to a former video game joint venture in partial settlement of amounts owed to the Company when the joint venture partner was liquidated pursuant to their 2012 bankruptcy filing. It is not known if any additional funds will be received by the Company.

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2015
Goodwill	Note 12 — Goodwill The changes to the carrying amount of goodwill as of December 31, 2014 and September 30, 2015 are as follows (in thousands): Traditional Toys and Electronics Role Play, Novelty and Seasonal Toys Total Balance at December 31, 2014 $ 24,881 $ 19,611 $ 44,492 Adjustments to goodwill for foreign currency translation (148) — (148) Balance, September 30, 2015 $ 24,733 $ 19,611 $ 44,344 The Company applies a fair value-based impairment test to the carrying value of goodwill and indefinite-lived intangible assets on an annual basis and, if certain events or circumstances indicate that an impairment loss may have been incurred, on an interim basis. The analysis of potential impairment of goodwill requires a two-step process. The first step is the estimation of fair value. If step one indicates that an impairment potentially exists, the second step is performed to measure the amount of impairment, if any. Goodwill impairment exists when the estimated fair value of goodwill is less than its carrying value. There was no goodwill impairment during the nine months ended September 30, 2014 and 2015.

Intangible Assets Other Than Go

Intangible Assets Other Than Goodwill and Other Assets	9 Months Ended
	Sep. 30, 2015
Intangible Assets Other Than Goodwill and Other Assets	Note 13 — Intangible Assets Other Than Goodwill and Other Assets Intangible assets other than goodwill and other assets consist primarily of licenses, product lines, customer relationships and trademarks. Amortized intangible assets are included in Intangibles in the accompanying balance sheets. Trademarks are disclosed separately in the accompanying balance sheets. Debt offering costs from the issuance of the Company’s convertible senior notes are included in Other Long Term Assets in the accompanying balance sheets. Intangible assets and debt issuance costs as of December 31, 2014 and September 30, 2015 are as follows (in thousands, except for weighted useful lives): December 31, 2014 September 30, 2015 Weighted Gross Gross Useful Carrying Accumulated Net Carrying Accumulated Net Lives Amount Amortization Amount Amount Amortization Amount (Years) Amortized Intangible Assets: Licenses 4.96 $ 91,488 $ (85,113 ) $ 6,375 $ 91,488 $ (86,816 ) $ 4,672 Product lines 5.82 66,594 (27,235 ) 39,359 67,794 (30,799 ) 36,995 Customer relationships 5.21 9,348 (7,831 ) 1,517 9,348 (8,246 ) 1,102 Trade names 5.00 3,000 (1,450 ) 1,550 3,000 (1,849 ) 1,151 Non-compete/Employment contracts 3.90 3,333 (3,230 ) 103 3,333 (3,256 ) 77 Total amortized intangible assets 173,763 (124,859 ) 48,904 174,963 (130,966 ) 43,997 Deferred Costs: Debt issuance costs 4.00 14,923 (6,418 ) 8,505 15,110 (7,882 ) 7,228 Unamortized Intangible Assets: Trademarks 2,308 — 2,308 2,308 — 2,308 Total Intangible Assets $ 190,994 $ (131,277 ) $ 59,717 $ 192,381 $ (138,848 ) $ 53,533 Amortization expense related to limited life intangible assets and debt issuance costs was $3.7 million and $2.7 million for the three months ended September 30, 2014 and 2015, respectively, and $8.3 million and $7.6 million for the nine months ended September 30, 2014 and 2015, respectively.

Comprehensive Income

Comprehensive Income	9 Months Ended
	Sep. 30, 2015
Comprehensive Income	Note 14 — Comprehensive Income The table below presents the components of the Company’s comprehensive income for the three and nine months ended September 30, 2014 and 2015 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Income $ 44,069 $ 45,845 $ 18,711 $ 32,584 Other comprehensive income (loss): Foreign currency translation adjustment (248) (1,861) 241 (1,904) Comprehensive income $ 43,821 $ 43,984 $ 18,952 $ 30,680

Litigation

Litigation	9 Months Ended
	Sep. 30, 2015
Litigation	Note 15 — Litigation On July 25, 2013, a purported class action lawsuit was filed in the United States District Court for the Central District of California captioned Melot v. JAKKS Pacific, Inc. et al., Case No. CV13-05388 (JAK) against Stephen G. Berman, Joel M. Bennett (collectively the “Individual Defendants”), and the Company (collectively, “Defendants”). On July 30, 2013, a second purported class action lawsuit was filed containing similar allegations against Defendants captioned Dylewicz v. JAKKS Pacific, Inc. et al., Case No. CV13-5487 (OON). The two cases (collectively, the “Class Action”) were consolidated on December 2, 2013 under Case No. CV13-05388 JAK (SSx) and lead plaintiff and lead counsel appointed. On January 17, 2014, Plaintiff filed a consolidated class action complaint (the “First Amended Complaint”) against Defendants which alleged that the Company violated Section 10(b) of the Securities Exchange Act and Rule 10b-5 promulgated thereunder by making false and/or misleading statements concerning Company financial projections and performance as part of its public filings and earnings calls from July 17, 2012 through July 17, 2013. Specifically, the First Amended Complaint alleged that the Company’s forward looking statements, guidance and other public statements were false and misleading for allegedly failing to disclose (i) certain alleged internal forecasts, (ii) the Company's alleged quarterly practice of laying off and rehiring workers, (iii) the Company's alleged entry into license agreements with guaranteed minimums the Company allegedly knew it was unable to meet; and (iv) allegedly poor performance of the Monsuno and Winx lines of products after their launch. The First Amended Complaint also alleged violations of Section 20(a) of the Exchange Act by Messrs. Berman and Bennett. The First Amended Complaint sought compensatory and other damages in an undisclosed amount as well as attorneys’ fees and pre-judgment and post-judgment interest. The Company filed a motion to dismiss the First Amended Complaint on February 17, 2014, and the motion was granted, with leave to replead. A Second Amended Complaint (“SAC”) was filed on July 8, 2014 and it set forth similar allegations to those in the First Amended Complaint about discrepancies between internal projections and public forecasts and the other allegations except that the claim with respect to guaranteed minimums that the Company allegedly knew it was unable to meet was eliminated. The Company filed a motion to dismiss the SAC and that motion was granted with leave to replead. A Third Amended Complaint (“TAC”) was filed on March 23, 2015 with similar allegations. The Company filed a motion to dismiss the TAC and that motion was argued on July 22, 2015; after argument it was taken on submission and a decision has not been issued. The foregoing is a summary of the pleadings and is subject to the text of the pleadings which are on file with the Court. We believe that the claims in the Class Action are without merit, and we intend to defend vigorously against them. However, because the Class Action is in a preliminary stage, we cannot assure you as to its outcome, or that an adverse decision in such action would not have a material adverse effect on our business, financial condition or results of operations. On February 25, 2014, a shareholder derivative action was filed in the Central District of California by Advanced Advisors, G.P. against the Company, nominally, and against Messrs. Berman, Bennett, Miller, Skala, Glick, Ellin, Almagor, Poulsen and Reilly and Ms. Brodsky (Advanced Partners, G.P., v. Berman, et al., CV14-1420 (DSF)).On March 6, 2014, a second shareholder derivative action alleging largely the same claims against the same defendants was filed in the Central District of California by Louisiana Municipal Police Employees Retirement System (Louisiana Municipal Police Employees Retirement System v, Berman et al., CV14-1670 (GHF). On April 17, 2014, the cases were consolidated under Case No. 2:14-01420-JAK (SSx) (the “Derivative Action”). On April 30, 2014, a consolidated amended complaint (“CAC”) was filed, which alleged (i) a claim for contribution under Sections 10(b) and 21(D) of the Securities Exchange Act related to allegations made in the Class Action; (ii) derivative and direct claims for alleged violations of Section 14 of the Exchange Act and Rule 14a-9 promulgated thereunder related to allegedly misleading statements about Mr. Berman’s compensation plan in the Company’s October 25, 2013 proxy statement; (iii) derivative claims for breaches of fiduciary duty related to the Company’s response to an unsolicited indication of interest from Oaktree Capital, stock repurchase, standstill agreement with the Clinton Group, and decisions related to the NantWorks joint venture; and (iv) claims against Messrs. Berman and Bennett for breach of fiduciary duty related to the Class Action. The CAC seeks compensatory damages, pre-judgment and post-judgment interest, and declaratory and equitable relief. The foregoing is a summary of the CAC and is subject to the text of the CAC, which is on file with the Court. A motion to dismiss the CAC or, in the alternative, to stay the CAC, was filed in May 2014. The Court granted the motion in part and denied the motion in part with leave for plaintiff to file an amended pleading. Plaintiff declined to do so. Accordingly, claims i, ii and iv have been dismissed and only the elements of claim iii not relating to the NantWorks joint venture remain. Thus, there are no surviving claims against Messrs. Poulsen, Reilly and Bennett and Ms. Brodsky and the Court approved the parties’ stipulation to strike their names as defendants in the CAC. Pleadings in response to the CAC were filed on October 30, 2014, which are on file with the Court. The matter was referred to mediation by the Court and the parties, at the mediation, reached an agreement in principle to resolve the action. Thereafter the parties entered into a memorandum of such agreement, subject to Court approval. A motion was filed seeking preliminary approval of the settlement and establishment of the procedure for final approval of the settlement; preliminary approval of the settlement was granted and a hearing regarding final approval of the proposed settlement and attorneys’ fees in connection therewith took place on November 2, 2015. At the hearing, the Judge indicated that he would approve the settlement with a formal order, and that he would take the attorneys’ fee issue under advisement. We are a party to, and certain of our property is the subject of, various pending claims and legal proceedings that routinely arise in the ordinary course of our business, but we do not believe that any of these claims or proceedings will have a material effect on our business, financial condition or results of operations.

Share-Based Payments

Share-Based Payments	9 Months Ended
	Sep. 30, 2015
Share-Based Payments	Note 16 — Share-Based Payments The Company’s 2002 Stock Award and Incentive Plan The following table summarizes the total share-based compensation expense and related tax benefits recognized for the three and nine months ended September 30, 2014 and 2015 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Restricted stock compensation expense $ 359 $ 508 $ 997 $ 1,452 Tax benefit related to restricted stock compensation $ — $ — $ — $ — Stock option activity pursuant to the Plan for the nine months ended September 30, 2015 is summarized as follows: Plan Stock Options Number of Shares Weighted Average Exercise Price Outstanding and Exercisable, December 31, 2014 75,000 $ 20.69 Granted — — Exercised — — Cancelled (75,000) 20.69 Outstanding and Exercisable, September 30, 2015 — $ — Restricted stock award activity pursuant to the Plan for the nine months ended September 30, 2015 is summarized as follows: Restricted Stock Awards Weighted Average Number of Grant Shares Price Outstanding, December 31, 2014 568,057 $ 6.54 Awarded 734,822 5.41 Released (80,794 ) 7.10 Forfeited (42,930 ) 6.32 Outstanding, September 30, 2015 1,179,155 $ 5.80

Business Segments, Geographic22

Business Segments, Geographic Data, Sales by Product Group and Major Customers (Tables)	9 Months Ended
	Sep. 30, 2015
Information by Segment and Reconciliation to Reported Amounts	Information by segment and a reconciliation to reported amounts for the three and nine months ended September 30, 2014 and 2015 and as of December 31, 2014 and September 30, 2015 are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Sales Traditional Toys and Electronics $ 173,785 $ 204,332 $ 258,872 $ 332,737 Role Play, Novelty and Seasonal Toys 175,577 132,695 297,172 249,597 $ 349,362 $ 337,027 $ 556,044 $ 582,334 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Operating Income Traditional Toys and Electronics $ 21,322 $ 20,431 $ 6,208 $ 9,547 Role Play, Novelty and Seasonal Toys 22,490 24,197 17,861 27,874 $ 43,812 $ 44,628 $ 24,069 $ 37,421 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Depreciation and Amortization Expense Traditional Toys and Electronics $ 4,773 $ 4,546 $ 9,062 $ 8,825 Role Play, Novelty and Seasonal Toys 3,859 2,833 7,072 5,395 $ 8,632 $ 7,379 $ 16,134 $ 14,220 December 31, September 30, 2014 2015 Assets Traditional Toys and Electronics $ 313,380 $ 397,082 Role Play, Novelty and Seasonal Toys 248,402 242,475 $ 561,782 $ 639,557
Information by Geographic Area	The following tables present information about the Company by geographic area as of December 31, 2014 and September 30, 2015 and for the three and nine months ended September 30, 2014 and 2015 (in thousands): December 31, 2014 September 30, 2015 Long-lived Assets China $ 8,816 $ 10,201 United States 1,689 7,827 Hong Kong 591 576 $ 11,096 $ 18,604 Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Sales by Customer Area United States $ 281,989 $ 242,467 $ 448,842 $ 416,690 Europe 28,018 55,389 41,410 92,948 Canada 14,434 16,441 22,948 27,255 Hong Kong 1,354 414 2,095 1,210 Other 23,567 22,316 40,749 44,231 $ 349,362 $ 337,027 $ 556,044 $ 582,334
Net Sales to Major Customers	Net sales to major customers for the three and nine months ended September 30, 2014 and 2015 were as follows (in thousands, except for percentages): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Amount Percentage of Net Sales Amount Percentage of Net Sales Amount Percentage of Net Sales Amount Percentage of Net Sales Wal-Mart $ 81,731 23.4 % $ 77,240 22.9 % $ 115,295 20.7 % $ 126,743 21.7 % Target 55,849 16.0 40,647 12.1 79,954 14.4 66,292 11.4 Toys ‘R’ Us 33,770 9.7 27,292 8.1 61,063 11.0 50,620 8.7 $ 171,350 49.1 % $ 145,179 43.1 % $ 256,312 46.1 % $ 243,655 41.8 %

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2015
Inventory Valued at Lower of Cost (First-in, First-out) or Market, Net of Inventory Obsolescence Reserve	Inventory, which includes the ex-factory cost of goods, in-bound freight, duty and capitalized warehouse costs, is valued at the lower of cost (first-in, first-out) or market, net of inventory obsolescence reserve, and consists of the following (in thousands): December 31, 2014 September 30, 2015 Raw materials $ 1,040 $ 1,074 Finished goods 77,787 80,330 $ 78,827 $ 81,404

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2015
Reconciliation of Weighted Average Shares Used in Computation of Earnings Per Share	The following table is a reconciliation of the weighted average shares used in the computation of earnings per share for the periods presented (in thousands, except per share data): Three Months Ended September 30, 2014 2015 Income Weighted Average Shares Per-Share Income Weighted Average Shares Per- Share Earnings per share – basic Net income available to common stockholders $ 44,069 18,897 $ 2.33 $ 45,845 18,559 $ 2.47 Effect of dilutive securities: Convertible senior notes 2,442 26,055 1,779 23,369 Unvested performance stock grants — — — 409 Unvested restricted stock grants — 200 — 225 Earnings per share – diluted Net income available to common stockholders plus assumed exercises and conversion $ 46,511 45,152 $ 1.03 $ 47,624 42,562 $ 1.12 Nine Months Ended September 30, 2014 2015 Income Weighted Average Shares Per-Share Income Weighted Average Shares Per- Share Earnings per share – basic Net income available to common stockholders $ 18,711 20,721 $ 0.90 $ 32,584 18,929 $ 1.72 Effect of dilutive securities: Convertible senior notes 5,456 19,063 5,516 23,369 Unvested performance stock grants — — — 284 Unvested restricted stock grants — 167 — 155 Earnings per share – diluted Net income available to common stockholders plus assumed exercises and conversion $ 24,167 39,951 $ 0.61 $ 38,100 42,737 $ 0.89

Joint Ventures (Tables)

Joint Ventures (Tables)	9 Months Ended
	Sep. 30, 2015
Balance of Investment in Joint Venture	As of December 31, 2014 and September 30, 2015, the balance of the investment in the Pacific Animation Partners joint venture includes the following components (in thousands): December 31, September 30, 2014 2015 Capital contributions $ 3,856 $ 3,856 Equity in cumulative net loss (3,856 ) (3,856 ) Investment in joint venture $ — $ —

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2015
Changes in Carrying Amount of Goodwill	The changes to the carrying amount of goodwill as of December 31, 2014 and September 30, 2015 are as follows (in thousands): Traditional Toys and Electronics Role Play, Novelty and Seasonal Toys Total Balance at December 31, 2014 $ 24,881 $ 19,611 $ 44,492 Adjustments to goodwill for foreign currency translation (148) — (148) Balance, September 30, 2015 $ 24,733 $ 19,611 $ 44,344

Intangible Assets Other Than 27

Intangible Assets Other Than Goodwill and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Intangible Assets and Debt Issuance Costs	Intangible assets and debt issuance costs as of December 31, 2014 and September 30, 2015 are as follows (in thousands, except for weighted useful lives): December 31, 2014 September 30, 2015 Weighted Gross Gross Useful Carrying Accumulated Net Carrying Accumulated Net Lives Amount Amortization Amount Amount Amortization Amount (Years) Amortized Intangible Assets: Licenses 4.96 $ 91,488 $ (85,113 ) $ 6,375 $ 91,488 $ (86,816 ) $ 4,672 Product lines 5.82 66,594 (27,235 ) 39,359 67,794 (30,799 ) 36,995 Customer relationships 5.21 9,348 (7,831 ) 1,517 9,348 (8,246 ) 1,102 Trade names 5.00 3,000 (1,450 ) 1,550 3,000 (1,849 ) 1,151 Non-compete/Employment contracts 3.90 3,333 (3,230 ) 103 3,333 (3,256 ) 77 Total amortized intangible assets 173,763 (124,859 ) 48,904 174,963 (130,966 ) 43,997 Deferred Costs: Debt issuance costs 4.00 14,923 (6,418 ) 8,505 15,110 (7,882 ) 7,228 Unamortized Intangible Assets: Trademarks 2,308 — 2,308 2,308 — 2,308 Total Intangible Assets $ 190,994 $ (131,277 ) $ 59,717 $ 192,381 $ (138,848 ) $ 53,533

Comprehensive Income (Tables)

Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2015
Components of Comprehensive Income	The table below presents the components of the Company’s comprehensive income for the three and nine months ended September 30, 2014 and 2015 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Net Income $ 44,069 $ 45,845 $ 18,711 $ 32,584 Other comprehensive income (loss): Foreign currency translation adjustment (248) (1,861) 241 (1,904) Comprehensive income $ 43,821 $ 43,984 $ 18,952 $ 30,680

Share-Based Payments (Tables)

Share-Based Payments (Tables)	9 Months Ended
	Sep. 30, 2015
Total Share-Based Compensation Expense and Related Tax Benefits Recognized	The following table summarizes the total share-based compensation expense and related tax benefits recognized for the three and nine months ended September 30, 2014 and 2015 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2014 2015 2014 2015 Restricted stock compensation expense $ 359 $ 508 $ 997 $ 1,452 Tax benefit related to restricted stock compensation $ — $ — $ — $ —
Stock Option Activity Pursuant to Plan	Stock option activity pursuant to the Plan for the nine months ended September 30, 2015 is summarized as follows: Plan Stock Options Number of Shares Weighted Average Exercise Price Outstanding and Exercisable, December 31, 2014 75,000 $ 20.69 Granted — — Exercised — — Cancelled (75,000) 20.69 Outstanding and Exercisable, September 30, 2015 — $ —
Restricted Stock Award Activity	Restricted stock award activity pursuant to the Plan for the nine months ended September 30, 2015 is summarized as follows: Restricted Stock Awards Weighted Average Number of Grant Shares Price Outstanding, December 31, 2014 568,057 $ 6.54 Awarded 734,822 5.41 Released (80,794 ) 7.10 Forfeited (42,930 ) 6.32 Outstanding, September 30, 2015 1,179,155 $ 5.80

Information by Segment and Reco

Information by Segment and Reconciliation to Reported Amounts (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net Sales	$ 337,027	$ 349,362	$ 582,334	$ 556,044
Operating Income	44,628	43,812	37,421	24,069
Depreciation and Amortization Expense	7,379	8,632	14,220	16,134
Assets	639,557		639,557		$ 561,782	[1]
Traditional Toys and Electronics
Segment Reporting Information [Line Items]
Net Sales	204,332	173,785	332,737	258,872
Operating Income	20,431	21,322	9,547	6,208
Depreciation and Amortization Expense	4,546	4,773	8,825	9,062
Assets	397,082		397,082		313,380
Role Play, Novelty and Seasonal Toys
Segment Reporting Information [Line Items]
Net Sales	132,695	175,577	249,597	297,172
Operating Income	24,197	22,490	27,874	17,861
Depreciation and Amortization Expense	2,833	$ 3,859	5,395	$ 7,072
Assets	$ 242,475		$ 242,475		$ 248,402
[1]	Derived from audited financial statements

Information by Geographic Area

Information by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	$ 18,604		$ 18,604		$ 11,096	[1]
Net Sales	337,027	$ 349,362	582,334	$ 556,044
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	10,201		10,201		8,816
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	7,827		7,827		1,689
Net Sales	242,467	281,989	416,690	448,842
Hong Kong
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	576		576		$ 591
Net Sales	414	1,354	1,210	2,095
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	55,389	28,018	92,948	41,410
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	16,441	14,434	27,255	22,948
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	$ 22,316	$ 23,567	$ 44,231	$ 40,749
[1]	Derived from audited financial statements

Net Sales to Major Customers (D

Net Sales to Major Customers (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenue, Major Customer [Line Items]
Net sales to major customer	$ 145,179	$ 171,350	$ 243,655	$ 256,312
Target
Revenue, Major Customer [Line Items]
Net sales to major customer	77,240	81,731	126,743	115,295
Wal-Mart
Revenue, Major Customer [Line Items]
Net sales to major customer	40,647	55,849	66,292	79,954
Toys 'R' Us
Revenue, Major Customer [Line Items]
Net sales to major customer	$ 27,292	$ 33,770	$ 50,620	$ 61,063
Net Sales | Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer	43.10%	49.10%	41.80%	46.10%
Net Sales | Target | Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer	22.90%	23.40%	21.70%	20.70%
Net Sales | Wal-Mart | Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer	12.10%	16.00%	11.40%	14.40%
Net Sales | Toys 'R' Us | Customer Concentration Risk
Revenue, Major Customer [Line Items]
Percentage of Net Sales from major customer	8.10%	9.70%	8.70%	11.00%

Business Segments, Geographic33

Business Segments, Geographic Data, Sales by Product Group and Major Customers - Additional Information (Detail) - Customer	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Percentage of net sales accounted from customer description	No other customer accounted for more than 10% of the Company's total net sales.
Number of major customers	3	3
Net Accounts Receivable | Three Largest Customers | Customer Concentration Risk
Segment Reporting Information [Line Items]
Percentage of net accounts receivable accounted for by three largest customers	33.00%	29.80%

Inventory Valued at Lower of Co

Inventory Valued at Lower of Cost (First-in, First-out) or Market, Net of Inventory Obsolescence Reserve (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Inventory [Line Items]
Raw materials	$ 1,074	$ 1,040
Finished goods	80,330	77,787
Inventory, net	$ 81,404	$ 78,827	[1]
[1]	Derived from audited financial statements

Revenue Recognition and Reser35

Revenue Recognition and Reserve for Sales Returns and Allowances - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	[1]
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Reserve for sales returns and allowances	$ 26,616	$ 24,477
Minimum
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Discount on invoiced amount of products	1.00%
Maximum
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Discount on invoiced amount of products	10.00%
[1]	Derived from audited financial statements

Credit Facility - Additional In

Credit Facility - Additional Information (Detail) - USD ($)	1 Months Ended	9 Months Ended
	Mar. 31, 2014	Sep. 30, 2015	Sep. 30, 2014
GE Loan Agreement
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 75,000,000	$ 9,400,000
Line of credit facility, maturity date		Mar. 27, 2019
Amount of credit facility outstanding		$ 25,000,000
Rate of credit facility		2.56%
GE Loan Agreement | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Applicable margin spread over base rate	2.25%
GE Loan Agreement | Base Rate
Line of Credit Facility [Line Items]
Applicable margin spread over base rate	1.25%
GE Loan Agreement | Minimum
Line of Credit Facility [Line Items]
Fixed charge coverage ratio			120.00%
Percentage of fee for unused amount of credit facility		0.25%
GE Loan Agreement | Maximum
Line of Credit Facility [Line Items]
Percentage of fee for unused amount of credit facility		0.50%
Standby Letters of Credit
Line of Credit Facility [Line Items]
Stand by letters of credit outstanding amount		$ 8,100,000

Convertible Senior Notes - Addi

Convertible Senior Notes - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Nov. 01, 2014	Jun. 30, 2014	Jul. 31, 2013	Nov. 30, 2009	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2014
Debt Instrument [Line Items]
Payment for repurchase of common stock						$ 6,988	$ 24,000
Repurchase of common stock under prepaid forward repurchase agreement, shares		3,112,840
4.50% Convertible senior notes (due 2014)
Debt Instrument [Line Items]
Long term debt, face amount				$ 100,000
Debt instrument, interest rate				4.50%
Frequency of interest payment						Semi-annually
Debt instrument, maturity date				Nov. 1, 2014
Repayments of debt	$ 39,000
Debt discount				$ 13,700
Interest expenses associated with amortization of equity component					$ 300		$ 800
Debt instrument repurchase amount			$ 61,000
4.25% Convertible Senior Notes (due 2018)
Debt Instrument [Line Items]
Long term debt, face amount			$ 100,000
Debt instrument, interest rate			4.25%
Frequency of interest payment						Semi-annually
Debt instrument, maturity date			Aug. 1, 2018
Gain on debt extinguishment			$ 100
Conversion rate in share per $1000 principal amount of notes			114.3674
Debt instrument, conversion rate			$ 8.74
Net proceeds from debt instrument			$ 96,000
Long term debt, fair value						$ 106,900			$ 96,300
4.875% Convertible Senior Notes (due 2020)
Debt Instrument [Line Items]
Long term debt, face amount		$ 115,000
Debt instrument, interest rate		4.875%
Frequency of interest payment						Semi-annually
Debt instrument, maturity date		Jun. 1, 2020
Conversion rate in share per $1000 principal amount of notes		103.7613
Debt instrument, conversion rate		$ 9.64
Net proceeds from debt instrument		$ 110,400
Payment for repurchase of common stock		$ 24,000
Repurchase of common stock under prepaid forward repurchase agreement, shares		3,100,000
Repayments of debt								$ 39,000
Long term debt, fair value						$ 118,200			$ 100,900

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Taxes [Line Items]
Provision (benefit) for income taxes	$ 1,375	$ 1,738	$ 3,115	$ 2,535
Effective income tax rate	2.90%	3.80%	8.70%	11.90%

Reconciliation of Weighted Aver

Reconciliation of Weighted Average Shares Used in Computation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share Disclosure [Line Items]
Net income available to common stockholders	$ 45,845	$ 44,069	$ 32,584	$ 18,711
Effect of dilutive securities, convertible senior notes	1,779	2,442	5,516	5,456
Net income available to common stockholders plus assumed exercises and conversion	$ 47,624	$ 46,511	$ 38,100	$ 24,167
Earnings per share - basic, Weighted Average Shares
Weighted Average Shares, available to common stockholders	18,559	18,897	18,929	20,721
Effect of dilutive securities:
Convertible senior notes	23,369	26,055	23,369	19,063
Earnings per share - diluted, Weighted Average Shares
Net income available to common stockholders plus assumed exercises and conversion	42,562	45,152	42,737	39,951
Earnings per share - basic
Net income available to common stockholders	$ 2.47	$ 2.33	$ 1.72	$ 0.90
Earnings per share - diluted
Net income available to common stockholders plus assumed exercises and conversion	$ 1.12	$ 1.03	$ 0.89	$ 0.61
Performance Stock
Earnings Per Share Disclosure [Line Items]
Effect of dilutive securities, unvested stock grants	$ 0	$ 0	$ 0	$ 0
Effect of dilutive securities:
Unvested stock grants	409		284
Restricted Stock
Earnings Per Share Disclosure [Line Items]
Effect of dilutive securities, unvested stock grants	$ 0	$ 0	$ 0	$ 0
Effect of dilutive securities:
Unvested stock grants	225	200	155	167

Earning Per Share - Additional

Earning Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Common Stock Equivalents
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive securities excluded from computation of diluted earnings per common share	1,500,000	1,587,361	1,500,000	1,608,764

Common Stock and Preferred St41

Common Stock and Preferred Stock - Additional Information (Detail)	1 Months Ended			9 Months Ended
	Apr. 30, 2015USD ($)shares	Jan. 31, 2015USD ($)ExecutiveOfficersDirectorshares	Jun. 30, 2014USD ($)$ / sharesshares	Sep. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2015USD ($)	Dec. 31, 2014$ / sharesshares	[1]
Class of Stock [Line Items]
Common stock, shares authorized				100,000,000		100,000,000
Preferred shares, shares authorized				5,000,000		5,000,000
Total number of shares authorized				105,000,000
Common stock, par value | $ / shares				$ 0.001		$ 0.001
Preferred shares, par value | $ / shares				$ 0.001		$ 0.001
Common stock repurchased, shares			3,112,840
Repurchase of common stock, average price per share | $ / shares			$ 7.71
Common stock repurchased, value | $			$ 24,000,000
Number of executive officers | ExecutiveOfficers		2
Number of non-employee directors | Director		5
Securities
Class of Stock [Line Items]
Common stock repurchased, shares				774,033
Common stock repurchased, value | $				$ 7,000,000
Minimum | Restricted Stock
Class of Stock [Line Items]
Vesting period				1 year
Maximum | Restricted Stock
Class of Stock [Line Items]
Vesting period				5 years
Maximum | Securities
Class of Stock [Line Items]
Stock repurchase, authorized amount | $					$ 30,000,000
Executive officer
Class of Stock [Line Items]
Restricted stock issued, shares	135,234	525,734
Restricted stock issued, value | $	$ 900,000	$ 3,600,000
Executive officer | Minimum | Restricted Stock
Class of Stock [Line Items]
Vesting period	1 year	1 year
Executive officer | Maximum | Restricted Stock
Class of Stock [Line Items]
Vesting period	3 years	3 years
Non-employee directors
Class of Stock [Line Items]
Restricted stock issued, shares		73,855
Restricted stock issued, value | $		$ 500,000
Non-employee directors | Restricted Stock
Class of Stock [Line Items]
Shares of restricted stock, vesting date		2016-01
[1]	Derived from audited financial statements

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Jul. 31, 2012	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Other income		$ 5.6	$ 5.9	$ 6
Maui, Inc.
Business Acquisition [Line Items]
Business acquisition, total initial consideration	$ 37.6
Business acquisition, cash paid	36.2
Business acquisition, liabilities assumed	1.4
Business acquisition maximum additional earn-out payment	$ 18
Additional earn-out payment period	3 years
Fair value of the expected earn-out included in goodwill	$ 16

Joint Ventures - Additional Inf

Joint Ventures - Additional Information (Detail) shares in Millions	1 Months Ended		3 Months Ended		9 Months Ended
	May. 31, 2015USD ($)	Sep. 30, 2012USD ($)shares	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Project	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)	[1]
Schedule of Equity Method Investments [Line Items]
Equity in net income/(loss) of joint venture			$ 100,000	$ 0	$ 100,000	$ 300,000
Investment in DreamPlay, LLC			$ 7,000,000		$ 7,000,000		$ 7,000,000
Pacific Animation Partners Joint Venture
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture			50.00%		50.00%
Investment in joint venture, percentage share of operating expenses			50.00%		50.00%
Investment in joint venture, percentage share of production costs			31.00%		31.00%
Number of episodes for which production completed | Project					65
Episode show airing beginning date					2012-02
Producer fees and royalty income from joint venture			$ 0	0	$ 0	0
DreamPlay Toys
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture		50.00%
Equity in net income/(loss) of joint venture			295,457	$ 530,789	359,452	$ 614,753
Cash paid to Nant Works for joint venture		$ 8,000,000			$ 1,200,000
Issue of warrants (in shares) | shares		1.5
Issue of warrants		$ 7,000,000
Joint venture term		3 years
Joint venture toy service agreement expiration date		Oct. 1, 2015
Joint venture toy service agreement renewal expiration date		Oct. 1, 2018			Sep. 30, 2018
Investment in DreamPlay, LLC			$ 7,000,000		$ 7,000,000
Percentage of ownership interest in joint venture			5.00%		5.00%
Impairment charges					$ 0
China Joint Venture
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest in joint venture			51.00%		51.00%
Video game
Schedule of Equity Method Investments [Line Items]
Equity in net income/(loss) of joint venture	$ 1,700,000
[1]	Derived from audited financial statements

Balance of Investment in Joint

Balance of Investment in Joint Venture (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Capital contributions	$ 3,856	$ 3,856
Equity in cumulative net loss	(3,856)	(3,856)
Investment in joint venture	$ 0	$ 0

Changes in Carrying Amount of G

Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Goodwill [Line Items]
Balance at beginning of the period	$ 44,492	[1]
Adjustments to goodwill for foreign currency translation	(148)
Goodwill Ending Balance	44,344
Traditional Toys and Electronics
Goodwill [Line Items]
Balance at beginning of the period	24,881
Adjustments to goodwill for foreign currency translation	(148)
Goodwill Ending Balance	24,733
Role Play, Novelty and Seasonal Toys
Goodwill [Line Items]
Balance at beginning of the period	19,611
Goodwill Ending Balance	$ 19,611
[1]	Derived from audited financial statements

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Goodwill [Line Items]
Goodwill impairment	$ 0	$ 0

Intangible Assets and Debt Issu

Intangible Assets and Debt Issuance Costs (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Acquired Intangible Assets by Major Class [Line Items]
Intangible assets, gross carrying amount	$ 192,381	$ 190,994
Intangible assets, accumulated amortization	(138,848)	(131,277)
Intangible assets, net amount	53,533	59,717
Trademarks, net	2,308	2,308	[1]
Amortized Intangible Assets, Gross Carrying Amount	174,963	173,763
Amortized Intangible Assets, Accumulated Amortization	(130,966)	(124,859)
Amortized Intangible Assets, Net Amount	$ 43,997	48,904	[1]
Licenses
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	4 years 11 months 16 days
Amortized Intangible Assets, Gross Carrying Amount	$ 91,488	91,488
Amortized Intangible Assets, Accumulated Amortization	(86,816)	(85,113)
Amortized Intangible Assets, Net Amount	$ 4,672	6,375
Product Lines
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	5 years 9 months 26 days
Amortized Intangible Assets, Gross Carrying Amount	$ 67,794	66,594
Amortized Intangible Assets, Accumulated Amortization	(30,799)	(27,235)
Amortized Intangible Assets, Net Amount	$ 36,995	39,359
Customer relationships
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	5 years 2 months 16 days
Amortized Intangible Assets, Gross Carrying Amount	$ 9,348	9,348
Amortized Intangible Assets, Accumulated Amortization	(8,246)	(7,831)
Amortized Intangible Assets, Net Amount	$ 1,102	1,517
Trade Name
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	5 years
Amortized Intangible Assets, Gross Carrying Amount	$ 3,000	3,000
Amortized Intangible Assets, Accumulated Amortization	(1,849)	(1,450)
Amortized Intangible Assets, Net Amount	$ 1,151	1,550
Non-compete/Employment contracts
Acquired Intangible Assets by Major Class [Line Items]
Weighted Useful Lives (Years)	3 years 10 months 24 days
Amortized Intangible Assets, Gross Carrying Amount	$ 3,333	3,333
Amortized Intangible Assets, Accumulated Amortization	(3,256)	(3,230)
Amortized Intangible Assets, Net Amount	$ 77	103
4.50% Convertible senior notes
Acquired Intangible Assets by Major Class [Line Items]
Deferred Costs, Weighted Useful Lives (Years)	4 years
Deferred Costs, Gross Carrying Amount	$ 15,110	14,923
Deferred Costs, Accumulated Amortization	(7,882)	(6,418)
Deferred Costs, Net Amount	$ 7,228	$ 8,505
[1]	Derived from audited financial statements

Intangible Assets Other Than 48

Intangible Assets Other Than Goodwill and Other Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Amortization expense	$ 2.7	$ 3.7	$ 7.6	$ 8.3

Components of Comprehensive Inc

Components of Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Condensed Statement of Income Captions [Line Items]
Net Income	$ 45,845	$ 44,069	$ 32,584	$ 18,711
Other comprehensive income (loss):
Foreign currency translation adjustment	(1,861)	(248)	(1,904)	241
Comprehensive income	$ 43,984	$ 43,821	$ 30,680	$ 18,952

Share-Based Payments - Addition

Share-Based Payments - Additional Information (Detail) - Restricted Stock	9 Months Ended
	Sep. 30, 2015
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years

Total Share-Based Compensation

Total Share-Based Compensation Expense and Related Tax Benefits Recognized (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock compensation expense	$ 508	$ 359	$ 1,452	$ 997
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit related to restricted stock compensation	$ 0	$ 0	$ 0	$ 0

Stock Option Activity (Detail)

Stock Option Activity (Detail)	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Number of Shares
Outstanding and Exercisable at beginning of period | shares	75,000
Granted | shares	0
Exercised | shares	0
Cancelled | shares	(75,000)
Weighted Average Exercise Price
Outstanding and Exercisable at beginning of period	$ 20.69
Granted	0
Exercised	0
Cancelled	$ 20.69

Summary of Restricted Stock Awa

Summary of Restricted Stock Award Activity (Detail)	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Number of Shares
Outstanding at beginning of period | shares	568,057
Awarded | shares	734,822
Released | shares	(80,794)
Forfeited | shares	(42,930)
Outstanding at end of period | shares	1,179,155
Weighted Average Grant Price
Outstanding at beginning of period	$ 6.54
Awarded	5.41
Released	7.10
Forfeited	6.32
Outstanding at end of period	$ 5.80