JAKKS Pacific (JAKK) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 14, 2022
Document Information Line Items
Entity Registrant Name	JAKKS Pacific, Inc.
Trading Symbol	JAKK
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		9,723,534
Amendment Flag	false
Entity Central Index Key	0001009829
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	0-28104
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4527222
Entity Address, Address Line One	2951 28th Street
Entity Address, City or Town	Santa Monica
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90405
City Area Code	424
Local Phone Number	268-9444
Entity Interactive Data Current	Yes
Title of 12(g) Security	Common Stock $.001 Par Value
Security Exchange Name	NASDAQ

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 76,418	$ 44,521
Restricted cash	178	811
Accounts receivable, net of allowance for doubtful accounts of $2,922 and $2,626 at September 30, 2022 and December 31, 2021, respectively	204,856	147,394
Inventory	109,171	83,954
Prepaid expenses and other assets	11,124	10,877
Total current assets	401,747	287,557
Property and equipment
Office furniture and equipment	11,980	11,967
Molds and tooling	113,145	103,102
Leasehold improvements	6,793	6,876
Total	131,918	121,945
Less accumulated depreciation and amortization	116,558	108,796
Property and equipment, net	15,360	13,149
Operating lease right-of-use assets, net	22,154	16,950
Other long-term assets	2,516	2,993
Intangible assets, net	254	1,015
Goodwill	35,083	35,083
Trademarks	0	300
Total assets	477,114	357,047
Current liabilities
Accounts payable	77,126	50,237
Accounts payable – Meisheng (related party)	28,301	15,894
Accrued expenses	73,723	47,071
Reserve for sales returns and allowances	59,216	46,285
Income taxes payable	14,084	1,004
Short-term operating lease liabilities	10,515	10,477
Short-term debt, net	2,475	2,104
Total current liabilities	265,440	173,072
Long-term operating lease liabilities	12,555	8,039
Debt, non-current portion, net of issuance costs and debt discounts	65,195	93,415
Preferred stock derivative liability	23,347	21,282
Income taxes payable	66	215
Deferred income taxes, net	53	51
Total liabilities	366,656	296,074
Preferred stock accrued dividends, $0.001 par value; 5,000,000 shares authorized; 200,000 shares issued and outstanding at September 30, 2022 and December 31, 2021	4,128	3,074
Stockholders' Equity
Common stock, $0.001 par value; 100,000,000 shares authorized; 9,723,534 and 9,520,817 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	10	10
Additional paid-in capital	274,040	272,941
Accumulated deficit	(149,987)	(203,431)
Accumulated other comprehensive loss	(18,594)	(12,952)
Total JAKKS Pacific, Inc. stockholders' equity	105,469	56,568
Non-controlling interests	861	1,331
Total stockholders' equity	106,330	57,899
Total liabilities, preferred stock and stockholders' equity	$ 477,114	$ 357,047

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for doubtful accounts (in Dollars)	$ 2,922	$ 2,626
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	200,000	200,000
Preferred stock, shares outstanding	200,000	200,000
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	9,723,534	9,520,817
Common stock, shares outstanding	9,723,534	9,520,817
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net sales	$ 322,998	$ 236,957	$ 664,301	$ 433,152
Cost of sales:
Cost of goods	231,087	162,033	481,583	300,237
Gross profit	91,911	74,924	182,718	132,915
Direct selling expenses	8,397	10,729	20,137	23,817
General and administrative expenses	29,400	26,846	84,067	71,450
Depreciation and amortization	373	606	1,547	1,807
Selling, general and administrative expenses	38,170	38,181	105,751	97,074
Intangibles impairment	0	0	300	0
Income from operations	53,741	36,743	76,667	35,841
Other income (expense), net	251	129	520	256
Change in fair value of preferred stock derivative liability	(7,449)	(99)	(2,065)	(9,013)
Change in fair value of convertible senior notes	0	(3,651)	0	(16,495)
Gain on loan forgiveness	0	6,206	0	6,206
Loss on debt extinguishment	0	0	0	(7,351)
Interest income	55	4	64	10
Interest expense	(4,350)	(2,658)	(8,889)	(11,903)
Income (loss) before provision for income taxes	42,248	36,674	66,297	(2,449)
Provision for income taxes	11,572	298	13,323	286
Net income (loss)	30,676	36,376	52,974	(2,735)
Net income (loss) attributable to non-controlling interests	(17)	42	(470)	101
Net loss attributable to Jakks Pacific, Inc.	30,693	36,334	53,444	(2,836)
Net income (loss) attributable to common stockholders	$ 30,336	$ 35,998	$ 52,390	$ (3,829)
Earnings (loss) per share - basic (in Dollars per share)	$ 3.13	$ 4.08	$ 5.44	$ (0.56)
Shares used in earnings (loss) per share - basic (in Shares)	9,695,000	8,823,000	9,624,000	6,820,000
Earnings (loss) per share - diluted (in Dollars per share)	$ 2.96	$ 3.97	$ 5.18	$ (0.56)
Shares used in earnings (loss) per share - diluted (in Shares)	10,260,000	9,073,000	10,111,000	6,820,000
Comprehensive income (loss)	$ 27,847	$ 35,891	$ 47,332	$ (2,898)
Comprehensive income (loss) attributable to JAKKS Pacific, Inc.	27,864	35,849	47,802	(2,999)
Cost of Sales [Member]
Cost of sales:
Cost of goods	174,334	126,095	368,242	231,633
Royalty [Member]
Cost of sales:
Cost of goods	52,868	32,251	106,262	61,546
Amortization Of Tools And Mold [Member]
Cost of sales:
Cost of goods	$ 3,885	$ 3,687	$ 7,079	$ 7,058

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Including Portion Attributable to Noncontrolling Interest [Member]	Noncontrolling Interest [Member]	Parent [Member]	Total
Balance at Dec. 31, 2020	$ 6	$ 221,590	$ (197,423)	$ (12,446)	$ 1,211	$ 12,938	$ 11,727
Stock-based compensation expense		382				382	382
Repurchase of common stock for employee tax withholding		(164)				(164)	(164)
Conversion of convertible senior notes		5,631				5,631	5,631
Preferred stock accrued dividends		(326)				(326)	(326)
Net income (loss)			(24,086)		35	(24,051)	(24,086)
Foreign currency translation adjustment				(58)		(58)	(58)
Balance at Mar. 31, 2021	6	227,113	(221,509)	(12,504)	1,246	(5,648)	(6,894)
Balance at Dec. 31, 2020	6	221,590	(197,423)	(12,446)	1,211	12,938	11,727
Stock-based compensation expense							1,380
Net income (loss)							(2,836)
Foreign currency translation adjustment							(163)
Balance at Sep. 30, 2021	9	272,568	(200,259)	(12,609)	1,312	61,021	59,709
Balance at Mar. 31, 2021	6	227,113	(221,509)	(12,504)	1,246	(5,648)	(6,894)
Stock-based compensation expense		383				383	383
Conversion of convertible senior notes	1	14,240				14,241	14,241
Preferred stock accrued dividends		(331)				(331)	(331)
Net income (loss)			(15,084)		24	(15,060)	(15,084)
Foreign currency translation adjustment				380		380	380
Balance at Jun. 30, 2021	7	241,405	(236,593)	(12,124)	1,270	(6,035)	(7,305)
Stock-based compensation expense		615				615	615
Conversion of convertible senior notes	2	30,884				30,886	30,886
Preferred stock accrued dividends		(336)				(336)	(336)
Net income (loss)			36,334		42	36,376	36,334
Foreign currency translation adjustment				(485)		(485)	(485)
Balance at Sep. 30, 2021	9	272,568	(200,259)	(12,609)	1,312	61,021	59,709
Balance at Dec. 31, 2021	10	272,941	(203,431)	(12,952)	1,331	57,899	56,568
Stock-based compensation expense		870				870	870
Repurchase of common stock for employee tax withholding		(644)				(644)	(644)
Preferred stock accrued dividends		(346)				(346)	(346)
Net income (loss)			(3,809)		(100)	(3,909)	(3,809)
Foreign currency translation adjustment				(662)		(662)	(662)
Balance at Mar. 31, 2022	10	272,821	(207,240)	(13,614)	1,231	53,208	51,977
Balance at Dec. 31, 2021	10	272,941	(203,431)	(12,952)	1,331	57,899	56,568
Stock-based compensation expense							3,436
Net income (loss)							53,444
Foreign currency translation adjustment							(5,642)
Balance at Sep. 30, 2022	10	274,040	(149,987)	(18,594)	861	106,330	105,469
Balance at Mar. 31, 2022	10	272,821	(207,240)	(13,614)	1,231	53,208	51,977
Stock-based compensation expense		1,155				1,155	1,155
Preferred stock accrued dividends		(351)				(351)	(351)
Net income (loss)			26,560		(353)	26,207	26,560
Foreign currency translation adjustment				(2,151)		(2,151)	(2,151)
Balance at Jun. 30, 2022	10	273,625	(180,680)	(15,765)	878	78,068	77,190
Stock-based compensation expense		1,411				1,411	1,411
Repurchase of common stock for employee tax withholding		(639)				(639)	(639)
Preferred stock accrued dividends		(357)				(357)	(357)
Net income (loss)			30,693		(17)	30,676	30,693
Foreign currency translation adjustment				(2,829)		(2,829)	(2,829)
Balance at Sep. 30, 2022	$ 10	$ 274,040	$ (149,987)	$ (18,594)	$ 861	$ 106,330	$ 105,469

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Cash flows from operating activities
Net income (loss)	$ 30,676		$ 36,376		$ 52,974	$ (2,735)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Provision for (recovery of) doubtful accounts					362	(882)
Depreciation and amortization	4,258		4,293		8,626	8,865
Payment-in-kind interest					0	1,625
Write-off and amortization of debt discount					776	1,325
Write-off and amortization of debt issuance costs					597	1,181
Share-based compensation expense	1,411	$ 870	615	$ 382	3,436	1,380
Gain on disposal of property and equipment					(46)	(67)
Gain on loan forgiveness	0		(6,206)		0	(6,206)
Loss on debt extinguishment	0		0		0	7,351
Intangibles impairment	0		0		300	0	$ 0
Deferred income taxes					2	0
Change in fair value of convertible senior notes	0		3,651		0	16,495
Change in fair value of preferred stock derivative liability	7,449		99		2,065	9,013
Changes in operating assets and liabilities:
Accounts receivable					(57,824)	(106,054)
Inventory					(25,217)	(51,154)
Prepaid expenses and other assets					(7)	5,830
Accounts payable					24,666	46,459
Accounts payable - Meisheng (related party)					12,687	17,350
Accrued expenses					26,652	18,876
Reserve for sales returns and allowances					12,931	5,583
Income taxes payable					12,931	(581)
Other liabilities					(650)	(596)
Total adjustments					22,287	(24,207)
Net cash provided by (used in) operating activities					75,261	(26,942)
Cash flows from investing activities
Purchases of property and equipment					(8,089)	(6,375)
Proceeds from sale of property and equipment					2	32
Net cash used in investing activities					(8,087)	(6,343)
Cash flows from financing activities
Repurchase of common stock for employee tax withholding					(1,283)	(164)
Repayment of credit facility borrowings					(13,000)	0
Proceeds from credit facility borrowings					13,000	0
Repayment of 2021 BSP Term Loan					(28,985)	(248)
Net proceeds from issuance of long-term debt					0	96,306
Deferred issuance costs					0	(2,629)
Repayment of 2019 Recap Term Loan					0	(125,805)
Net cash used in financing activities					(30,268)	(32,540)
Net increase (decrease) in cash, cash equivalents and restricted cash					36,906	(65,825)
Effect of foreign currency translation					(5,642)	(163)
Cash, cash equivalents and restricted cash, beginning of period		$ 45,332		$ 92,693	45,332	92,693	92,693
Cash, cash equivalents and restricted cash, end of period	76,596		26,705		76,596	26,705	$ 45,332
Supplemental disclosures of non-cash financing activities:
Forgiveness of Paycheck Protection Program Loan	$ 0		$ 6,206		0	6,206
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net					1,080	1,155
Cash paid for interest					$ 6,862	$ 11,462

Cash Flow, Supplemental Disclos

Cash Flow, Supplemental Disclosures	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	As of September 30, 2022, there was $4.7 million of property and equipment purchases included in accounts payable. As of September 30, 2021, there was $3.1 million of property and equipment purchases included in accounts payable.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	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 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, 2021. 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, especially given seasonality, 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 with NantWorks LLC, JAKKS Meisheng Trading (Shanghai) Limited, a joint venture with Meisheng Cultural & Creative Corp., Ltd., and JAKKS Meisheng Animation (HK) Limited, a joint venture with Hong Kong Meisheng Cultural Company Limited. In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” which require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The new standard was initially effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. In November 2019, the FASB issued ASU 2019-10 which deferred the effective date of ASU 2016-13 by three years for Smaller Reporting Companies. As a result, the effective date for the standard is fiscal years beginning after December 15, 2022, and interim periods therein, and early adoption is permitted. The Company is currently evaluating the impact of the adoption of ASU 2016-13 on its condensed consolidated financial statements. In December 2019, the FASB issued ASU 2019-12, “Simplifying the Accounting for Income Taxes,” which simplifies the accounting for income taxes related to the approach for intra-period tax allocation, the methodology for calculating income taxes in an interim period, and the recognition of deferred tax assets for investments. The guidance also reduces complexity in certain areas, including the accounting for transactions that result in a step-up in the tax basis of goodwill and allocating taxes to members of a consolidated group. This new standard is effective for the Company for fiscal years beginning January 1, 2021, with early adoption permitted. The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.” In January 2021, the FASB issued ASU 2021-01, “Reference Rate Reform (Topic 848): Scope.” The ASUs provide temporary optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions, for a limited period of time, to ease the potential burden of recognizing the effects of reference rate reform on financial reporting. The amendments in ASU 2020-04 apply to contracts, hedging relationships and other transactions that reference the London Inter-Bank Offered Rate ("LIBOR") or another reference rate expected to be discontinued due to the global transition away from LIBOR and certain other interbank offered rates. The new standard is effective for the Company for fiscal years beginning after December 15, 2022, including interim periods within these fiscal years, with early adoption permitted. The Company is currently evaluating the impact that the adoption of this new guidance will have on its condensed consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity.” The new guidance eliminates two of the three models in ASC 470-20, which required entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock. As a result, only conversion features accounted for under the substantial premium model in ASC 470-20 and those that require bifurcation in accordance with ASC 815-15 will be accounted for separately. In addition, the amendments in ASU 2020-06 eliminate some of the requirements in ASC 815-40 related to equity classification. The amendments in ASU 2020-06 further revised the guidance in ASC 260, Earnings Per Share (“EPS”), to address how convertible instruments are accounted for in calculating diluted EPS, and require enhanced disclosures about the terms of convertible instruments and contracts in an entity’s own equity. The new standard is effective for the Company for fiscal years beginning after December 15, 2023, including interim periods within these fiscal years, with early adoption permitted. The Company is currently evaluating the impact that the adoption of this new guidance will have on its condensed consolidated financial statements. In November 2021, the FASB issued ASU 2021-10, “Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance.” ASU 2021-10 requires annual disclosures that are expected to increase the transparency of transactions involving government grants, including (1) the types of transactions, (2) the accounting for those transactions and (3) the effect of those transactions on an entity’s financial statements. The provisions of ASU 2021-10 are effective for fiscal years beginning after December 31, 2021, with early adoption permitted. The Company adopted ASU 2021-10 during the fiscal period December 31, 2021 (see Note 5 – Debt and Note 18 –Prepaid Expenses and Other Assets, for disclosures related to government assistance received by the Company). The adoption of this standard did not have a material impact on the Company’s condensed consolidated financial statements.

Business Segments, Geographic D

Business Segments, Geographic Data, and Sales by Major Customers	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Note 2 Business Segments, Geographic Data, and Sales by 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 segments are (i) Toys/Consumer Products and (ii) Costumes. The Toys/Consumer Products segment includes action figures, vehicles, play sets, plush products, dolls, electronic products, construction toys, infant and pre-school toys, child-sized and hand-held role play toys and everyday costume play, foot-to-floor ride-on vehicles, wagons, novelty toys, seasonal and outdoor products, kids’ indoor and outdoor furniture, and related products. The Costumes segment, under its Disguise branding, designs, develops, markets and sells a wide range of every-day and special occasion dress-up costumes and related accessories in support of Halloween, Carnival, Children’s Day, Book Day/Week, and every-day/any-day costume play. Segment performance is measured at the operating income (loss) level. All sales are made to external customers and general corporate expenses have been attributed to the segments based upon relative sales volumes. Segment assets are primarily comprised of accounts receivable and inventories, net of applicable reserves and allowances, goodwill and other assets. Certain assets which are not tracked by operating segment and/or that benefit multiple operating segments have been allocated on the same basis. Results are not necessarily those which would be achieved if each segment was an unaffiliated business enterprise. Information by segment and a reconciliation to reported amounts for the three and nine months ended September 30, 2022 and 2021 and as of September 30, 2022 and December 31, 2021 are as follows (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net Sales Toys/Consumer Products $ 269,607 $ 172,952 $ 529,590 $ 334,365 Costumes 53,391 64,005 134,711 98,787 $ 322,998 $ 236,957 $ 664,301 $ 433,152 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Income from Operations Toys/Consumer Products $ 53,643 $ 30,378 $ 74,097 $ 35,594 Costumes 98 6,365 2,570 247 $ 53,741 $ 36,743 $ 76,667 $ 35,841 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Depreciation and Amortization Expense Toys/Consumer Products $ 4,139 $ 3,977 $ 8,176 $ 8,229 Costumes 119 316 450 636 $ 4,258 $ 4,293 $ 8,626 $ 8,865 September 30, December 31, 2022 2021 Assets Toys/Consumer Products $ 397,999 $ 338,266 Costumes 79,115 18,781 $ 477,114 $ 357,047 Net revenues are categorized based upon location of the customer, while long-lived assets are categorized based upon the location of the Company’s assets. The following tables present information about the Company by geographic area as of September 30, 2022 and December 31, 2021 and for the three and nine months ended September 30, 2022 and 2021 (in thousands): September 30, December 31, 2022 2021 Long-lived Assets United States $ 19,527 $ 16,252 China 14,572 11,655 Hong Kong 2,343 770 United Kingdom 951 1,270 Mexico 70 79 Canada 51 73 $ 37,514 $ 30,099 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net Sales by Customer Area United States $ 253,854 $ 199,136 $ 543,388 $ 363,317 Europe 38,075 20,836 65,911 38,103 Canada 12,804 8,094 21,720 12,403 Latin America 9,504 4,503 15,712 8,123 Asia 4,294 2,635 8,733 6,214 Australia & New Zealand 3,941 1,490 7,014 3,927 Middle East & Africa 526 263 1,823 1,065 $ 322,998 $ 236,957 $ 664,301 $ 433,152 Major Customers Net sales to major customers for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands, except for percentages): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Percentage Percentage Percentage Percentage Amount of Net Sales Amount of Net Sales Amount of Net Sales Amount of Net Sales Wal-Mart $ 88,954 27.5 % $ 56,822 24.0 % $ 182,345 27.5 % $ 113,152 26.1 % Target 75,327 23.3 67,130 28.3 176,119 26.5 120,458 27.8 Amazon 17,718 5.5 27,504 11.6 49,765 7.5 41,168 9.5 $ 181,999 56.3 % $ 151,456 63.9 % $ 408,229 61.5 % $ 274,778 63.4 % No other customer accounted for more than 10% of the Company's total net sales. 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, 2022
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Note 3 Inventory Inventory, which includes the ex-factory cost of goods, capitalized warehouse costs, and in-bound freight and duty, is valued at the lower of cost or net realizable value, net of inventory obsolescence reserve, and consists of the following (in thousands): September 30, December 31, 2022 2021 Raw materials $ 67 $ 106 Finished goods 109,104 83,848 $ 109,171 $ 83,954 As of September 30, 2022 and December 31, 2021, the inventory obsolescence reserve was $7.7 million and $4.6 million, respectively.

Revenue Recognition and Reserve

Revenue Recognition and Reserve for Sales Returns and Allowances	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Note 4 Revenue Recognition and Reserve for Sales Returns and Allowances The Company’s contracts with customers only include one performance obligation (i.e., sale of the Company’s products). Revenue is recognized in the gross amount at a point in time when delivery is completed and control of the promised goods is transferred to the customers. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for those goods. The Company’s contracts do not involve financing elements as payment terms with customers are less than one year. Further, because revenue is recognized at the point in time goods are sold to customers, there are no contract assets or contract liability balances. The Company disaggregates its revenues from contracts with customers by reporting segment: Toys/Consumer Products and Costumes. The Company further disaggregates revenues by major geographic regions (See Note 2 - Business Segments, Geographic Data, and Sales by Major Customers, for further information). The Company offers various discounts, pricing concessions, and other allowances to customers, all of which are considered in determining the transaction price. Certain discounts and allowances are fixed and determinable at the time of sale and are recorded at the time of sale as a reduction to revenue. Other discounts and allowances can vary and are determined at management’s discretion (variable consideration). Specifically, the Company occasionally grants discretionary credits to facilitate markdowns and sales of slow-moving merchandise, and consequently accrues an allowance based on historic credits and management estimates. 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. Generally, these allowances range from 1% to 20% of gross sales, and are generally based upon product purchases or specific advertising campaigns. Such allowances are accrued when the related revenue is recognized. To the extent these cooperative advertising arrangements provide a distinct benefit at fair value, they are accounted for as direct selling expenses, otherwise they are recorded as a reduction to revenue. Further, while the Company generally does not allow product returns, the Company does make occasional exceptions to this policy and consequently records a sales return allowance based upon historic return amounts and management estimates. These allowances (variable consideration) are estimated using the expected value method and are recorded at the time of sale as a reduction to revenue. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimation process may change. The variable consideration is not constrained as the Company has sufficient history on the related estimates and does not believe there is a risk of significant revenue reversal. Sales commissions are expensed when incurred as the related revenue is recognized at a point in time and therefore the amortization period is less than one year. As a result, these costs are recorded as direct selling expenses, as incurred. Shipping and handling activities are considered part of the Company’s obligation to transfer the products and therefore are recorded as direct selling expenses, as incurred. For the three and nine months ended September 30, 2022, shipping and handling costs were $1.1 million and $4.8 million, respectively. For the three and nine months ended September 30, 2021, shipping and handling costs were $0.9 million and $3.0 million, respectively. The Company’s reserve for sales returns and allowances amounted to $59.2 million as of September 30, 2022, compared to $46.3 million as of December 31, 2021.

Debt

Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 5 Debt Convertible senior notes In August 2019, the Company entered into and consummated multiple, binding definitive agreements (collectively, the “Recapitalization Transaction”) among Wells Fargo, Oasis Investments II Master Fund Ltd. and an ad hoc group of holders of the Company’s 4.875% convertible senior notes due 2020 (the “Investor Parties”) to recapitalize the Company’s balance sheet, including the extension to the Company of incremental liquidity and at least three-year extensions of substantially all of the Company’s outstanding convertible debt obligations and revolving credit facility. In connection with the Recapitalization Transaction, the Company issued (i) amended and restated notes with respect to the Company’s $21.6 million Oasis Note issued on November 7, 2017, and the $8.0 million Oasis Note issued on July 26, 2018 (together, the “Existing Oasis Notes”), and (ii) a new $8.0 million convertible senior note having the same terms as such amended and restated notes (the "New $8.0 million Oasis Note" and collectively, the “New Oasis Notes” or the "3.25% convertible senior notes due 2023"). Interest on the New Oasis Notes is payable on each May 1 and November 1 until maturity and accrues at an annual rate of (i) 3.25% if paid in cash or 5.00% if paid in stock plus (ii) 2.75% payable in kind. The New Oasis Notes mature 91 days after the amounts outstanding under the 2019 Recap Term Loan are paid in full, and in no event later than July 3, 2023. Excluding the impact of the Reverse Stock Split in July of 2020, the New Oasis Notes provide, among other things, that the initial conversion price is $1.00. The conversion price will be reset on each February 9 and August 9, starting on February 9, 2020 (each, a “reset date”) to a price equal to 105% of the 5-day VWAP preceding the applicable reset date. Under no circumstances shall the reset result in a conversion price be below the greater of (i) the closing price on the trading day immediately preceding the applicable reset date and (ii) 30% of the stock price as of the Transaction Agreement Date, or August 7, 2019, and will not be greater than the conversion price in effect immediately before such reset. The Company may trigger a mandatory conversion of the New Oasis Notes if the market price exceeds 150% of the conversion price under certain circumstances. The Company may redeem the New Oasis Notes in cash if a person, entity or group acquires shares of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), and as a result owns at least 49% of the Company’s issued and outstanding Common Stock. On February 9, 2020, excluding the impact of the Reverse Stock Split, the conversion price of the New Oasis Notes reset to $1.00 per share ($10.00 per share after reverse stock split). On August 9, 2020, the conversion price of the New Oasis Notes reset to $5.647. On February 9, 2021, the conversion price of the New Oasis Notes recalculated and remained unchanged at $5.647. During 2021, $24.0 million of the New Oasis Notes (including $1.2 million in PIK interest) were converted for 4,246,828 shares of common stock. As a result, the Company recorded an increase to additional paid-in capital of $50.8 million. As a result of the conversions in 2021, the New Oasis Notes were fully extinguished. The Company accounted for the debt held by Oasis at fair value using Level 3 inputs and as a result, recognized a loss of $3.7 million and $16.5 million for the three and nine months ended September 30, 2021, respectively, related to changes in the fair value of the 3.25% convertible senior notes due 2023 (see Note 16 – Fair Value Measurement). On February 5, 2021, Benefit Street Partners and Oasis Investment II Master Funds Ltd, both related parties, entered into a purchase and sale agreement wherein Benefit Street Partners purchased $11.0 million of principal amount, plus all accrued and unpaid interest thereon, of the New Oasis Notes from Oasis Investment II Master Funds Ltd (see Note 17 – Related Party Transactions). The transaction closed on February 8, 2021. Term Loan Term loan consists of the following (in thousands): September 30, 2022 December 31, 2021 Debt Discount/ Debt Discount/ Principal Issuance Net Principal Issuance Net Amount Costs* Amount Amount Costs* Amount 2021 BSP Term Loan $ 69,520 $ (1,850 ) $ 67,670 $ 98,505 $ (2,986 ) $ 95,519 * The term loan was valued using the discounted cash flow method to determine the implied debt discount. The debt discount and issuance costs are amortized over the life of the term loan on a straight-line basis which approximates the effective interest method. On June 2, 2021, the Company and certain of its subsidiaries, as borrowers, entered into a First Lien Term Loan Facility Credit Agreement (the “2021 BSP Term Loan Agreement”) with Benefit Street Partners L.L.C., as Sole Lead Arranger, and BSP Agency, LLC, as agent, for a $99.0 million first-lien secured term loan (the “Initial Term Loan”) and a $19.0 million delayed draw term loan (the “Delayed Draw Term Loan” and collectively, the “2021 BSP Term Loan”). Net proceeds from the issuance of the 2021 BSP Term Loan, after deduction of $2.2 million in closing fees and $0.5 million of other administrative fees paid directly to the lenders, totaled $96.3 million. These fees are amortized over the life of the 2021 BSP Term Loan on a straight-line basis which approximates the effective interest method. Proceeds from the Initial Term Loan, together with available cash from the Company, were used to repay the Company’s existing term loan (the “2019 Recap Term Loan” formerly known as the “New Term Loan” in prior filings) under the agreement dated as of August 9, 2019 with Cortland Capital Market Services LLC, as agent for certain investor parties. The Delayed Draw Term Loan provision was designed to provide necessary capital to redeem any of the Company’s outstanding 3.25% convertible senior notes due 2023, upon their maturity, which, upon repayment of the 2019 Recap Term Loan, accelerated to no later than 91 days from the repayment of the 2019 Recap Term Loan, or September 1, 2021. On July 29, 2021, the Company terminated its Delayed Draw Term Loan option as it determined it had sufficient liquidity to fund any outstanding convertible senior notes that remained upon maturity. Amounts outstanding under the 2021 BSP Term Loan bear interest at either (i) LIBOR plus 6.50% - 7.00% (determined by reference to a net leverage pricing grid), subject to a 1.00% LIBOR floor, or (ii) base rate plus 5.50% - 6.00% (determined by reference to a net leverage pricing grid), subject to a 2.00% base rate floor. The 2021 BSP Term Loan matures in June 2027. The 2021 BSP Term Loan Agreement contains negative covenants that, subject to certain exceptions, limit the ability of the Company and its subsidiaries to, among other things, incur additional indebtedness, make restricted payments, pledge its assets as security, make investments, loans, advances, guarantees and acquisitions, undergo fundamental changes and enter into transactions with affiliates. Commencing with the fiscal quarter ending June 30, 2021, the Company is required to maintain a Net Leverage Ratio of 4:00x, with step-downs occurring each fiscal year starting with the quarter ending March 31, 2022 through the quarter ending September 30, 2024 in which the Company is required to maintain a Net Leverage Ratio of 3:00x. On April 26, 2022, the Company entered into a First Amendment to the 2021 BSP Term Loan Agreement, to provide, among other things, that the Company must maintain Qualified Cash of at least: (a) at all times after the Closing Date and prior to the First Amendment Effective Date, April 26, 2022, $20.0 million; (b) at all times during the period commencing on the First Amendment Effective Date through and including June 30, 2022, $15.0 million; and (c) at all times on and after July 1, 2022, through September 30, 2022, $17.5 million; provided, however, that if the Total Net Leverage Ratio exceeded 1.75:1.00 as of the last day of the most recently ended month for which financial statements were required to have been delivered, then the amount set forth in this clause shall be increased to $20.0 million. Notwithstanding the foregoing, the Applicable Minimum Cash Amount shall be reduced by $1.0 million for every $5.0 million principal prepayment or repayment of the Term Loans following the First Amendment Effective Date; provided however, that, the Applicable Minimum Cash Amount shall in no event be reduced below $15.0 million. On June 27, 2022, as permitted by the terms within the 2021 BSP Term Loan Agreement, the Company made a voluntary fee-free $10.0 million prepayment towards the outstanding principal amount of the 2021 BSP Term Loan. On September 28, 2022, as permitted by the terms within the 2021 BSP Term Loan Agreement, the Company made a voluntary $17.5 million prepayment towards the outstanding principal amount of the 2021 BSP Term Loan and incurred a $0.5 million prepayment penalty. The 2021 BSP Term Loan Agreement contains events of default that are customary for a facility of this nature, including (subject in certain cases to grace periods and thresholds) nonpayment of principal, nonpayment of interest, fees or other amounts, material inaccuracy of representations and warranties, violation of covenants, cross-default to certain other existing indebtedness, bankruptcy or insolvency events, certain judgment defaults and a change of control as specified in the 2021 BSP Term Loan Agreement. If an event of default occurs, the maturity of the amounts owed under the 2021 BSP Term Loan Agreement may be accelerated. The obligations under the 2021 BSP Term Loan Agreement are guaranteed by the Company, the subsidiary borrowers thereunder and certain of the other existing and future direct and indirect subsidiaries of the Company and are secured by substantially all of the assets of the Company, the subsidiary borrowers thereunder and such other subsidiary guarantors, in each case, subject to certain exceptions and permitted liens and subject to the priority lien granted under the JPMorgan ABL Credit Agreement (see Note 6 – Credit Facility). The agent and Sole Lead Arranger under the 2021 BSP Term Loan are affiliates of an affiliate of the Company, which affiliate, at the time of refinancing, owned common stock and the 3.25% convertible senior notes due 2023 of the Company, as well as the Company’s outstanding Series A Preferred Stock. Amortization expense classified as interest expense related to the $0.8 million of debt issuance costs associated with the issuance of the 2021 BSP Term Loan was $0.3 million and $0.4 million for the three and nine months ended September 30, 2022, respectively. Amortization expense classified as interest expense related to the $1.0 million of debt issuance costs associated with the issuance of the 2021 BSP Term Loan was $43,533 and $57,627 for the three and nine months ended September 30, 2021. Amortization expense classified as interest expense related to the $1.6 million debt discount associated with the issuance of the 2021 BSP Term Loan was $0.6 million and $0.8 million for the three and nine months ended September 30, 2022, respectively. Amortization expense classified as interest expense related to the $2.3 million debt discount associated with the issuance of the 2021 BSP Term Loan was $94,164 and $124,506 for the three and nine months ended September 30, 2021. The fair value of the Company’s 2021 BSP Term Loan is considered Level 3 fair value (see Note 16 – Fair Value Measurements for further discussion of the fair value hierarchy) and are measured using the discounted future cash flow method. In addition to the debt terms, the valuation methodology includes an assumption of a discount rate that approximates the current yield on a debt security with comparable risk. This assumption is considered an unobservable input in that it reflects the Company’s own assumptions about the inputs that market participants would use in pricing the asset or liability. The Company believes that this is the best information available for use in the fair value measurement. The estimated fair value of the 2021 BSP Term Loan was $70.8 million and $97.3 million as of September 30, 2022 and December 31, 2021, respectively, compared to a carrying value of $67.7 million and $95.5 million as of September 30, 2022 and December 31, 2021, respectively. As of September 30, 2022, the Company was in compliance with the financial covenants under the 2021 BSP Term Loan Agreement. Loan under Paycheck Protection Program On June 12, 2020, the Company received a $6.2 million loan under the Paycheck Protection Program (“PPP”) within the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”). The PPP loan maturity date was June 2, 2022, and was subject to the CARES Act terms which included, among other terms, an interest rate of 1.00% per annum and monthly installment payments of $261,275 commencing on September 27, 2021. The PPP loan allowed for prepayment at any time prior to maturity with no prepayment penalties. The PPP Loan was subject to events of default and other provisions customary for a loan of this type. A PPP loan may be forgiven, partially or in full, if certain conditions are met, principally based on having been disbursed for permissible purposes and maintaining certain average levels of employment and payroll as required by the CARES Act. On September 10, 2021, the full amount of the PPP loan was forgiven. The Small Business Administration (“SBA”) may review the Company’s PPP loan forgiveness application for six years after the date of forgiveness. The Company may be subjected to penalties and repayment of the PPP loan if the SBA disagrees with the Company’s eligibilities.

Credit Facilities

Credit Facilities	9 Months Ended
	Sep. 30, 2022
Credit Facilities Abstract
Credit Facilities [Text Block]	Note 6 Credit Facilities JPMorgan Chase On June 2, 2021, the Company and certain of its subsidiaries, as borrowers, entered into a Credit Agreement (the “JPMorgan ABL Credit Agreement”), with JPMorgan Chase Bank, N.A., as agent and lender for a $67,500,000 senior secured revolving credit facility (the “JPMorgan ABL Facility”). The JPMorgan ABL Credit Agreement replaced the Company’s existing asset-based revolving credit agreement, dated as of March 27, 2014 (the “Wells Fargo ABL Facility,” formerly known as the “Amended ABL Facility” in prior filings), with General Electric Capital Corporation, since assigned to Wells Fargo Bank, National Association. The Company pays a commitment fee (0.25% - 0.375%) based on the unused portion of the revolving credit facility. Any amounts borrowed under the JPMorgan ABL Facility will bear interest at either (i) Eurodollar spread plus 1.50% - 2.00% (determined by reference to an excess availability pricing grid) or (ii) Alternate Base Rate plus 0.50% - 1.00% (determined by reference to an excess availability pricing grid and base rate subject to a 1.00% floor). The JPMorgan ABL Facility matures in June 2026. As of September 30, 2022, the weighted average interest rate on the credit facility with JPMorgan Chase Bank was 1.88%. The JPMorgan ABL Credit Agreement contains negative covenants that, subject to certain exceptions, limit the ability of the Company and its subsidiaries to, among other things, incur additional indebtedness, make restricted payments, pledge their assets as security, make investments, loans, advances, guarantees and acquisitions, undergo fundamental changes and enter into transactions with affiliates. Under certain circumstances the Company is also subject to a springing fixed charge coverage ratio covenant of not less than 1.1 to 1.0, as described in more detail in the JPMorgan ABL Credit Agreement. The JPMorgan ABL Credit Agreement contains events of default that are customary for a facility of this nature, including (subject in certain cases to grace periods and thresholds) nonpayment of principal, interest, fees or other amounts, material inaccuracy of representations and warranties, violation of covenants, cross-default to certain other existing indebtedness, bankruptcy or insolvency events, certain judgment defaults, loss of liens or guarantees and a change of control as specified in the JPMorgan ABL Credit Agreement. If an event of default occurs, the commitments of the lenders to lend under the JPMorgan ABL Credit Agreement may be terminated and the maturity of the amounts owed may be accelerated. The obligations under the JPMorgan ABL Credit Agreement are guaranteed by the Company, the subsidiary borrowers thereunder and certain of the other existing and future direct and indirect subsidiaries of the Company and are secured by substantially all of the assets of the Company, the subsidiary borrowers thereunder and such other subsidiary guarantors, in each case, subject to certain exceptions and permitted liens. As of September 30, 2022, the amount of outstanding borrowings was nil As of September 30, 2022, off-balance sheet arrangements include letters of credit issued by JPMorgan of $17.2 million. Amortization expense classified as interest expense related to the $1.6 million of debt issuance costs associated with the transaction that closed on June 2, 2021 (i.e., JPMorgan ABL Credit Agreement) was $79,132 and $0.2 million for the three and nine months ended September 30, 2022. As of September 30, 2022, the Company was in compliance with the financial covenants under the JPMorgan ABL Credit Agreement.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 7 Income Taxes The Company’s income tax expense of $11.6 million for the three months ended September 30, 2022, reflects an effective tax rate of 27.4%. The Company’s income tax expense of $0.3 million for the three months ended September 30, 2021, reflects an effective tax rate of 0.8%. The tax expense for the three months ended September 30, 2022, primarily relates to U.S. and foreign income taxes, and discrete items. The tax expense for the three months ended September 30, 2021 primarily relates to foreign income taxes and discrete items. The Company’s income tax expense of $13.3 million for the nine months ended September 30, 2022 reflects an effective tax rate of 20.1%. The Company’s income tax expense of $0.3 million for the nine months ended September 30, 2021 reflects an effective tax rate of (11.7%). The majority of the tax expense for the nine months ended September 30, 2022 relates to U.S. and foreign income taxes, and discrete items. The majority of the tax expense for the nine months ended September 30, 2021 relates to foreign income taxes and discrete items.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 8 Earnings (Loss) Per Share The following table is a reconciliation of the weighted average shares used in the computation of earnings (loss) per share for the periods presented (in thousands, except per share data): Three Months Ended September 30, Nine Months Ended September 30, Earnings (loss) per share - basic and diluted 2022 2021 2022 2021 Net income (loss) $ 30,676 $ 36,376 $ 52,974 $ (2,735 ) Net income (loss) attributable to non-controlling interests (17 ) 42 (470 ) 101 Net income (loss) attributable to JAKKS Pacific, Inc. 30,693 36,334 53,444 (2,836 ) Preferred stock dividend * 357 336 1,054 993 Net income (loss) attributable to common stockholders ** $ 30,336 $ 35,998 $ 52,390 $ (3,829 ) Weighted average common shares outstanding - basic 9,695 8,823 9,624 6,820 Earnings (loss) per share available to common stockholder- basic $ 3.13 $ 4.08 $ 5.44 $ (0.56 ) Weighted average common shares outstanding - diluted 10,260 9,073 10,111 6,820 Earnings (loss) per share available to common stockholder- diluted $ 2.96 $ 3.97 $ 5.18 $ (0.56 ) * The 200,000 shares issued and outstanding are non-participating. ** Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.4 million and $1.1 million for the three and nine months ended September 30, 2022, respectively. Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.3 million and $1.0 million for the three and nine months ended September 30, 2021, respectively. Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of restricted stock units and convertible debt to the extent they are dilutive). For the three and nine months ended September 30, 2021, the convertible senior notes interest and related weighted common share equivalent of 409,589 and 2,412,419, respectively, were excluded from the diluted earnings per share calculation since they would have been anti-dilutive. No restricted stock units were excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2022. Potentially dilutive restricted stock awards and units of 499,584 for the nine months ended September 30, 2021, were excluded from the computation of diluted loss per share since they would have been anti-dilutive. No restricted stock units were excluded from the computation of diluted earnings per share for the three months ended September 30, 2021.

Common Stock and Preferred Stoc

Common Stock and Preferred Stock	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Note 9 Common Stock and Preferred Stock Common Stock All issuances of common stock, including those issued pursuant to restricted stock or unit grants, are issued from the Company’s authorized but not issued and outstanding shares. During 2021, certain employees, including two executive officers, surrendered an aggregate of 32,846 shares of restricted stock for $0.2 million to cover income taxes due on the vesting of restricted shares. Additionally, an aggregate of 93,352 shares of restricted stock granted in 2018 with a value of approximately $0.5 million was forfeited during 2021. During 2022, certain employees, including two executive officers, surrendered an aggregate of 105,758 shares of restricted stock units for $1.3 million to cover income taxes due on the vesting of restricted shares. Additionally, an aggregate of 11,480 shares of restricted stock granted in 2019 with a value of approximately $0.1 million was forfeited during 2022. No dividend was declared or paid in the three and nine months ended September 30, 2022 and 2021. Redeemable Preferred Stock On August 9, 2019, in connection with the Recapitalization Transaction (see Note 5 - Debt), the Company issued 200,000 shares of Series A Senior Preferred Stock (the “Series A Preferred Stock”), $0.001 par value per share, to the Investor Parties (the “New Preferred Equity”). As of September 30, 2022 and December 31, 2021, 200,000 shares of Series A Preferred Stock were outstanding. Each share of Series A Preferred Stock has an initial value of $100 per share, which is automatically increased for any accrued and unpaid dividends (the “Accreted Value”). The Series A Preferred Stock has the right to receive dividends on a quarterly basis equal to 6.0% per annum, payable in cash or, if not paid in cash, by an automatic accretion of the Series A Preferred Stock. No cash dividends have been declared or paid. For the three and nine months ended September 30, 2022, the Company recorded $0.4 million and $1.1 million, respectively, of preferred stock dividends as an increase in the value of the Series A Preferred Stock. For the three and nine months ended September 30, 2021, the Company recorded $0.3 million and $1.0 million, respectively, of preferred stock dividends as an increase in the value of the Series A Preferred Stock. The Series A Preferred Stock has no stated maturity, however, the Company has the right to redeem all or a portion of the Series A Preferred Stock at its Liquidation Preference (as defined below) at any time after payment in full of the 2019 Recap Term Loan. In addition, upon the occurrence of certain change of control type events, holders of the Series A Preferred Stock are entitled to receive an amount (the “Liquidation Preference”), in preference to holders of Common Stock or other junior stock, equal to (i) 20% of the Accreted Value in the case of a certain specified transaction, or (ii) otherwise, 150% of the Accreted value, plus any accrued and unpaid dividends. The Company has the right, but is not required, to repurchase all or a portion of the Series A Preferred Stock at its Liquidation Preference at any time after payment in full of the 2019 Recap Term Loan (see Note 5 - Debt). The Series A Preferred Stock does not have any voting rights, except to the extent required by the Delaware General Corporation Law, except for the exclusive right to elect the Series A Preferred Directors (as described below) and except for certain approval rights over certain transactions (as described below). These approval rights require the prior consent of specified percentages of holders (or in certain cases, all holders) of the Series A Preferred Stock in order for the Company to take certain actions, including the issuance of additional shares of Series A Preferred Stock or parity stock, the issuance of senior stock, certain amendments to the Amended and Restated Certificate of Incorporation, the Certificate of Designations of the Series A Preferred Stock (the “Certificate of Designations”), the Second Amended and Restated By-laws or the Amended and Restated Nominating and Corporate Governance Committee Charter, material changes in the Company’s line of business and certain change of control type transactions. In addition, the Certificate of Designations provides that the approval of at least six directors is required for any related person transaction within the meaning of Item 404 of Regulation S-K under the Securities Act of 1933, as amended, including, without limitation, the adoption of, or any amendment, modification or waiver of, any agreement or arrangement related to any such transaction. The Certificate of Designations also includes restrictions on the ability of the Company to pay dividends on or make distributions with respect to, or redeem or repurchase, shares of Common Stock or other junior stock. In addition, holders of the Series A Preferred Stock have preemptive rights regarding future issuance of Series A Preferred Stock or parity stock. The Series A Preferred Stock redemption amount is contingent upon certain events with no stated redemption date as of the reporting date, although may become redeemable in the future. In accordance with the SEC guidance within ASC Topic 480, Distinguishing Liabilities from Equity: Classification and Measurement of Redeemable Securities Under ASC 815, Derivatives and Hedging The embedded redemption upon a change of control must be accounted for separately from the Series A Preferred Stock. The redemption provision specifies if certain events that constitute a change of control occur, the Company may be required to settle the Series A Preferred Stock at 150% of its accreted amount. Accordingly, the redemption provision meets the definition of a derivative, and its economic characteristics are not considered clearly and closely related to the economic characteristics of the Series A Preferred Stock, and is more akin to a debt instrument than equity. The Company considers the repurchase option to have no value as the likelihood is remote that this event, within the Company’s control, would ever occur. The liability is accounted for at fair value, with changes in fair value recognized as other income (expense) on the Company's condensed consolidated statements of operations (see Note 16 – Fair Value Measurement). The value of the redemption provision explicitly considered the present value of the potential premium that would be paid related to, and the probability of, an event that would trigger its payment. The probability of a triggering event was based on management’s estimates of the probability of a change of control event occurring. Accordingly, these two embedded derivatives are accounted for separately from the Series A Preferred Stock at fair value. As of September 30, 2022, the Series A Preferred Stock is recorded in temporary equity at the amount of accrued, but unpaid dividends of $4.1 million, and the redemption provision, as a bifurcated derivative, is recorded as a long-term liability with an estimated value of $23.3 million. As of December 31, 2021, the Series A Preferred Stock is recorded in temporary equity at the amount of accrued, but unpaid dividends of $3.1 million, and the redemption provision, as a bifurcated derivative, is recorded as a long-term liability with an estimated value of $21.3 million. As of September 30, 2022, the Series A Preferred Stock had a carrying value of $24.1 million, and a liquidation value of $36.2 million. As of December 31, 2021, the Series A Preferred Stock had a carrying value of $23.1 million, and a liquidation value of $34.6 million. The following table provides a reconciliation of the beginning and ending balances of the Series A Preferred Stock, which is recorded in temporary equity: 2022 2021 Balance, January 1, $ 3,074 $ 1,740 Preferred stock accrued dividends 346 326 Balance, March 31, 3,420 2,066 Preferred stock accrued dividends 351 331 Balance, June 30, 3,771 2,397 Preferred stock accrued dividends 357 336 Balance, September 30, $ 4,128 $ 2,733

Joint Ventures

Joint Ventures	9 Months Ended
	Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	Note 10 Joint Ventures In November 2014, the Company entered into a joint venture with Meisheng Culture & Creative Corp., Ltd., (“MC&C”) 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 sells, distributes and markets these products, which include dolls, plush, role play products, action figures, costumes, seasonal items, technology and app-enhanced toys, based on top entertainment licenses and JAKKS’ own proprietary brands. The Company owns fifty-one percent of the joint venture and consolidates the joint venture since control rests with the Company. The non-controlling interest’s share of the loss was $17,000 and $470,000 for the three and nine months ended September 30, 2022, respectively. The non-controlling interest’s share of the income was $42,000 and $101,000 for the three and nine months ended September 30, 2021, respectively. In October 2016, the Company entered into a joint venture with Hong Kong Meisheng Cultural Company Limited ("Meisheng"), a Hong Kong-based subsidiary of Meisheng Culture & Creative Corp., for the purpose of creating and developing original, multiplatform content for children including new short-form series and original shows. JAKKS and Meisheng each own fifty percent of the joint venture and will jointly own the content. JAKKS will retain merchandising rights for kids’ consumer products in all markets except China, which Meisheng Culture & Creative Corp. will oversee through the Company’s existing distribution joint venture. The results of operations of the joint venture are consolidated with the Company's results. The non-controlling interest’s share of the income (loss) from the joint venture for the three and nine months ended September 30, 2022 and 2021 was nil

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2022
Disclosure Text Block Supplement [Abstract]
Goodwill Disclosure [Text Block]	Note 11 Goodwill 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, on an interim basis, if certain events or circumstances indicate that an impairment loss may have been incurred. Goodwill impairment exists when the estimated fair value of goodwill is less than its carrying value. Based on the Company’s April 1 annual Step 1 assessment, it determined that the fair values of its reporting units were not less than the carrying amounts. No goodwill impairment was determined to have occurred for the nine months ended September 30, 2022 and September 30, 2021.

Intangible Assets Other Than Go

Intangible Assets Other Than Goodwill	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	Note 12 Intangible Assets Other Than Goodwill Intangible assets other than goodwill consist primarily of licenses, product lines, customer relationships and trademarks. Amortized intangible assets are included in intangibles in the accompanying condensed consolidated balance sheets. Trademarks are disclosed separately in the accompanying condensed consolidated balance sheets. Intangible assets as of September 30, 2022 and December 31, 2021 include the following (in thousands, except for weighted useful lives): September 30, 2022 December 31, 2021 Weighted Gross Accumulated Gross Accumulated Useful Carrying Amortization/ Net Carrying Amortization/ Net Lives Amount Write-off Amount Amount Write-off Amount (Years) Amortized Intangible Assets: Licenses 5.81 $ 20,130 $ (20,130 ) $ — $ 20,130 $ (20,130 ) $ — Product lines 10.36 33,858 (33,604 ) 254 33,858 (32,843 ) 1,015 Customer relationships 4.90 3,152 (3,152 ) — 3,152 (3,152 ) — Trade names 5.00 3,000 (3,000 ) — 3,000 (3,000 ) — Non-compete agreements 5.00 200 (200 ) — 200 (200 ) — Total amortized intangible assets $ 60,340 $ (60,086 ) $ 254 $ 60,340 $ (59,325 ) $ 1,015 September 30, 2022 December 31, 2021 Gross Gross Carrying Impairment Net Carrying Impairment Net Amount Charge Amount Amount Charge Amount Unamortized Intangible Assets: Trademarks $ 300 $ (300 ) $ - $ 300 $ - $ 300

Comprehensive Income (Loss)

Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note 13 Comprehensive Income (Loss) The table below presents the components of the Company’s comprehensive income (loss) for the three and nine months ended September 30, 2022 and 2021 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net income (loss) $ 30,676 $ 36,376 $ 52,974 $ (2,735 ) Other comprehensive income Foreign currency translation adjustment (2,829 ) (485 ) (5,642 ) (163 ) Comprehensive income (loss) 27,847 35,891 47,332 (2,898 ) Less: Comprehensive income (loss) attributable to non-controlling interests (17 ) 42 (470 ) 101 Comprehensive income (loss) attributable to JAKKS Pacific, Inc. $ 27,864 $ 35,849 $ 47,802 $ (2,999 )

Litigation and Contingencies

Litigation and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 14 Litigation and Contingencies The Company is a party to, and certain of its property is the subject of, various pending claims and legal proceedings that routinely arise in the ordinary course of its business. The Company accrues for losses when the loss is deemed probable and the liability can reasonably be estimated. Where a liability is probable and there is a range of estimated loss with no best estimate in the range, the Company records the minimum estimated liability related to the claim. As additional information becomes available, the Company assesses the potential liability related to its pending litigation and revises its estimates. In the normal course of business, the Company may provide certain indemnifications and/or other commitments of varying scope to a) its licensors, customers and certain other parties, including against third-party claims of intellectual property infringement, and b) its officers, directors and employees, including against third-party claims regarding the periods in which they serve in such capacities with the Company. The duration and amount of such obligations is, in certain cases, indefinite. The Company's director’s and officer’s liability insurance policy may, however, enable it to recover a portion of any future payments related to its officer, director or employee indemnifications. For the past five years, costs related to director and officer indemnifications have not been significant. Other than certain liabilities recorded in the normal course of business related to royalty payments due to the Company's licensors, no liabilities have been recorded for indemnifications and/or other commitments.

Share-Based Payments

Share-Based Payments	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Payment Arrangement [Text Block]	Note 15 Share-Based Payments The Company’s 2002 Stock Award and Incentive Plan (the “Plan”), as amended, provides for the awarding of stock options, restricted stock and restricted stock units to certain key employees, executive officers and non-employee directors. Current awards under the Plan include grants to executive officers and certain key employees of restricted stock units, with vesting contingent upon (a) the completion of specified service periods ranging from one to four years and/or (b) meeting certain financial performance and/or market-based metrics. Shares for the restricted stock units are not issued until they vest. The following table summarizes the total share-based compensation expense recognized for the three and nine months ended September 30, 2022 and 2021 (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Share-based compensation expense $ 1,411 $ 615 $ 3,436 $ 1,380 Restricted Stock Units Restricted stock unit activity (including those with performance-based vesting criteria) for the nine months ended September 30, 2022 is summarized as follows: Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Outstanding, December 31, 2021 1,073,902 $ 8.62 Granted 601,613 15.79 Vested (308,499 ) 8.75 Forfeited (149,238 ) 14.70 Outstanding, September 30, 2022 1,217,778 11.39 As of September 30, 2022, there was $12.3 million of total unrecognized compensation cost related to non-vested restricted stock units, which is expected to be recognized over a weighted-average period of 2.4 years.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 16 Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the Company uses various methods including market, income and cost approaches. Based upon these approaches, the Company often utilizes certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market-corroborated, or unobservable inputs. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. Based upon observable inputs used in the valuation techniques, the Company is required to provide information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values into three broad levels as follows: Level 1: Valuations for assets and liabilities traded in active markets from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2: Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third-party pricing services for identical or similar assets or liabilities. Level 3: Valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. In instances where the determination of the fair value measurement is based upon inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based upon the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. The following tables summarize the Company's financial liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands): Fair Value Measurements as of September 30, 2022 Carrying Amount as of September 30, 2022 Level 1 Level 2 Level 3 Preferred stock derivative liability $ 23,347 $ — $ — $ 23,347 Fair Value Measurements as of December 31, 2021 Carrying Amount as of December 31, 2021 Level 1 Level 2 Level 3 Preferred stock derivative liability $ 21,282 $ — $ — $ 21,282 The following tables provide a reconciliation of the beginning and ending balances of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands): Preferred stock derivative liability 2022 2021 Balance, January 1, $ 21,282 $ 8,062 Change in fair value 2,065 9,013 Balance, September 30, $ 23,347 $ 17,075 3.25% convertible senior notes due in 2023 2022 2021 Balance, January 1, $ — $ 34,134 Conversion of convertible senior notes — (50,759 ) Change in fair value — 16,495 PIK interest — 312 Balance, September 30, $ — $ 182 The Company’s derivative liability is classified within Level 3 of the fair value hierarchy because unobservable inputs were used in estimating the fair value. The fair value of the redemption provision embedded in the Series A Preferred Stock is estimated based on a discounted cash flow model and probability assumptions based on management’s estimates of a change of control event occurring. In subsequent periods, the derivative liability is accounted for at fair value, with changes in fair value recognized as other income (expense) on the Company's condensed consolidated statements of operations. The Company has elected the fair value option of measurement for the 3.25% 2023 Notes, under ASC 815, Derivatives and Hedging. As a result, these notes are re-measured each reporting period using Level 3 inputs (Monte Carlo simulation model and inputs for stock price, risk-free rate and volatility), with changes in fair value reflected in current period earnings in its condensed consolidated statements of operations. The fair value of the Series A Preferred Stock derivative liability is calculated using unobservable inputs (Level 3 fair value measurements). The value of the redemption provision explicitly considered the present value of the potential premium that would be paid related to, and the probability of, an event that would trigger its payment. The probability of a triggering event was based on management’s estimates of the probability of a change of control event occurring. The Company’s accounts receivable, accounts payable, and accrued expenses represent financial instruments. The carrying value of these financial instruments is a reasonable approximation of fair value.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 17 Related Party Transactions In November 2014, the Company entered into a joint venture with MC&C 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 (see Note 10 – Joint Ventures). In October 2016, the Company entered into a joint venture with Hong Kong Meisheng Cultural Company Limited, a Hong Kong-based subsidiary of Meisheng Culture & Creative Corp, for the purpose of creating and developing original, multiplatform content for children including new short-form series and original shows (see Note 10 – Joint Ventures). In March 2017, the Company entered into an equity purchase agreement with Meisheng which provided, among other things, that as long as Meisheng and its affiliates hold 10% or more of the issued and outstanding shares of common stock of the Company, Meisheng shall have the right from time to time to designate a nominee (who currently is Mr. Xiaoqiang Zhao) for election to the Company’s board of directors. Meisheng also serves as a significant manufacturer of the Company. For the three and nine months ended September 30, 2022, the Company made inventory-related payments to Meisheng of approximately $43.6 million and $109.3 million, respectively. For the three and nine months ended September 30, 2021, the Company made inventory-related payments to Meisheng of approximately $33.1 million and $62.3 million, respectively. As of September 30, 2022 and December 31, 2021, amounts due to Meisheng for inventory received by the Company, but not paid totaled $28.3 million and $15.9 million, respectively. A director of the Company is a director at Benefit Street Partners, who owns 145,788 shares of the Series A Preferred Stock (see Note 9 – Common Stock and Preferred Stock). As of September 30, 2022, a division of Benefit Street Partners held $69.5 million in principal amount of the 2021 BSP Term Loan (see Note 5 - Debt).

Prepaid Expense and Other Asset

Prepaid Expense and Other Assets	9 Months Ended
	Sep. 30, 2022
Disclosure Text Block Supplement [Abstract]
Other Current Assets [Text Block]	Note 18 Prepaid Expenses and Other Assets Prepaid expenses and other assets as of September 30, 2022 and December 31, 2021 consist of the following (in thousands): September 30, 2022 December 31, 2021 Prepaid expenses $ 5,014 $ 4,151 Government-funded COVID-19 relief 2,619 2,390 Income taxes receivable 2,235 1,527 Royalty advances 1,136 2,619 Other assets 120 190 Prepaid expenses and other assets $ 11,124 $ 10,877

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Schedule of Subsequent Events [Table Text Block]	Note 19 Subsequent Events Sales Agreement On October 26, 2022, the Company entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc., (the “Agent”), pursuant to which the Company may, from time to time, offer and sell shares of the Company’s common stock having an aggregate offering price of up to $75.0 million in “at the market” offerings through the Agent. Sales of the shares of common stock, if any, will be made at prevailing market prices at the time of sale, or as otherwise agreed with the Agent. The Agent will receive a commission from the Company of 3.0% of the gross proceeds of any shares of common stock sold under the Sales Agreement. The Company is not obligated to sell, and the Agent is not obligated to buy or sell, any shares of common stock under the Sales Agreement. No assurance can be given that the Company will sell any shares of common stock under the Sales Agreement, or, if it does, as to the price or amount of shares of common stock that it sells or the dates when such sales will take place. The Company and the Agent may each terminate the Sales Agreement at any time upon specified prior written notice. As of November 14, 2022, the Company has not sold any shares of its common stock under the Sales Agreement.

Business Segments, Geographic_2

Business Segments, Geographic Data, and Sales by Major Customers (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Results are not necessarily those which would be achieved if each segment was an unaffiliated business enterprise. Information by segment and a reconciliation to reported amounts for the three and nine months ended September 30, 2022 and 2021 and as of September 30, 2022 and December 31, 2021 are as follows (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net Sales Toys/Consumer Products $ 269,607 $ 172,952 $ 529,590 $ 334,365 Costumes 53,391 64,005 134,711 98,787 $ 322,998 $ 236,957 $ 664,301 $ 433,152 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Income from Operations Toys/Consumer Products $ 53,643 $ 30,378 $ 74,097 $ 35,594 Costumes 98 6,365 2,570 247 $ 53,741 $ 36,743 $ 76,667 $ 35,841 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Depreciation and Amortization Expense Toys/Consumer Products $ 4,139 $ 3,977 $ 8,176 $ 8,229 Costumes 119 316 450 636 $ 4,258 $ 4,293 $ 8,626 $ 8,865 September 30, December 31, 2022 2021 Assets Toys/Consumer Products $ 397,999 $ 338,266 Costumes 79,115 18,781 $ 477,114 $ 357,047
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Net revenues are categorized based upon location of the customer, while long-lived assets are categorized based upon the location of the Company’s assets. The following tables present information about the Company by geographic area as of September 30, 2022 and December 31, 2021 and for the three and nine months ended September 30, 2022 and 2021 (in thousands): September 30, December 31, 2022 2021 Long-lived Assets United States $ 19,527 $ 16,252 China 14,572 11,655 Hong Kong 2,343 770 United Kingdom 951 1,270 Mexico 70 79 Canada 51 73 $ 37,514 $ 30,099 Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net Sales by Customer Area United States $ 253,854 $ 199,136 $ 543,388 $ 363,317 Europe 38,075 20,836 65,911 38,103 Canada 12,804 8,094 21,720 12,403 Latin America 9,504 4,503 15,712 8,123 Asia 4,294 2,635 8,733 6,214 Australia & New Zealand 3,941 1,490 7,014 3,927 Middle East & Africa 526 263 1,823 1,065 $ 322,998 $ 236,957 $ 664,301 $ 433,152
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]	Net sales to major customers for the three and nine months ended September 30, 2022 and 2021 were as follows (in thousands, except for percentages): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Percentage Percentage Percentage Percentage Amount of Net Sales Amount of Net Sales Amount of Net Sales Amount of Net Sales Wal-Mart $ 88,954 27.5 % $ 56,822 24.0 % $ 182,345 27.5 % $ 113,152 26.1 % Target 75,327 23.3 67,130 28.3 176,119 26.5 120,458 27.8 Amazon 17,718 5.5 27,504 11.6 49,765 7.5 41,168 9.5 $ 181,999 56.3 % $ 151,456 63.9 % $ 408,229 61.5 % $ 274,778 63.4 %

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventory, which includes the ex-factory cost of goods, capitalized warehouse costs, and in-bound freight and duty, is valued at the lower of cost or net realizable value, net of inventory obsolescence reserve, and consists of the following (in thousands): September 30, December 31, 2022 2021 Raw materials $ 67 $ 106 Finished goods 109,104 83,848 $ 109,171 $ 83,954

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Term loan consists of the following (in thousands): September 30, 2022 December 31, 2021 Debt Discount/ Debt Discount/ Principal Issuance Net Principal Issuance Net Amount Costs* Amount Amount Costs* Amount 2021 BSP Term Loan $ 69,520 $ (1,850 ) $ 67,670 $ 98,505 $ (2,986 ) $ 95,519

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table is a reconciliation of the weighted average shares used in the computation of earnings (loss) per share for the periods presented (in thousands, except per share data): Three Months Ended September 30, Nine Months Ended September 30, Earnings (loss) per share - basic and diluted 2022 2021 2022 2021 Net income (loss) $ 30,676 $ 36,376 $ 52,974 $ (2,735 ) Net income (loss) attributable to non-controlling interests (17 ) 42 (470 ) 101 Net income (loss) attributable to JAKKS Pacific, Inc. 30,693 36,334 53,444 (2,836 ) Preferred stock dividend * 357 336 1,054 993 Net income (loss) attributable to common stockholders ** $ 30,336 $ 35,998 $ 52,390 $ (3,829 ) Weighted average common shares outstanding - basic 9,695 8,823 9,624 6,820 Earnings (loss) per share available to common stockholder- basic $ 3.13 $ 4.08 $ 5.44 $ (0.56 ) Weighted average common shares outstanding - diluted 10,260 9,073 10,111 6,820 Earnings (loss) per share available to common stockholder- diluted $ 2.96 $ 3.97 $ 5.18 $ (0.56 ) * The 200,000 shares issued and outstanding are non-participating. ** Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.4 million and $1.1 million for the three and nine months ended September 30, 2022, respectively. Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.3 million and $1.0 million for the three and nine months ended September 30, 2021, respectively.

Common Stock and Preferred St_2

Common Stock and Preferred Stock (Tables)	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Temporary Equity [Table Text Block]	The following table provides a reconciliation of the beginning and ending balances of the Series A Preferred Stock, which is recorded in temporary equity: 2022 2021 Balance, January 1, $ 3,074 $ 1,740 Preferred stock accrued dividends 346 326 Balance, March 31, 3,420 2,066 Preferred stock accrued dividends 351 331 Balance, June 30, 3,771 2,397 Preferred stock accrued dividends 357 336 Balance, September 30, $ 4,128 $ 2,733

Intangible Assets Other Than _2

Intangible Assets Other Than Goodwill (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill [Table Text Block]	Intangible assets other than goodwill consist primarily of licenses, product lines, customer relationships and trademarks. Amortized intangible assets are included in intangibles in the accompanying condensed consolidated balance sheets. Trademarks are disclosed separately in the accompanying condensed consolidated balance sheets. Intangible assets as of September 30, 2022 and December 31, 2021 include the following (in thousands, except for weighted useful lives): September 30, 2022 December 31, 2021 Weighted Gross Accumulated Gross Accumulated Useful Carrying Amortization/ Net Carrying Amortization/ Net Lives Amount Write-off Amount Amount Write-off Amount (Years) Amortized Intangible Assets: Licenses 5.81 $ 20,130 $ (20,130 ) $ — $ 20,130 $ (20,130 ) $ — Product lines 10.36 33,858 (33,604 ) 254 33,858 (32,843 ) 1,015 Customer relationships 4.90 3,152 (3,152 ) — 3,152 (3,152 ) — Trade names 5.00 3,000 (3,000 ) — 3,000 (3,000 ) — Non-compete agreements 5.00 200 (200 ) — 200 (200 ) — Total amortized intangible assets $ 60,340 $ (60,086 ) $ 254 $ 60,340 $ (59,325 ) $ 1,015
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	September 30, 2022 December 31, 2021 Gross Gross Carrying Impairment Net Carrying Impairment Net Amount Charge Amount Amount Charge Amount Unamortized Intangible Assets: Trademarks $ 300 $ (300 ) $ - $ 300 $ - $ 300

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) [Table Text Block]	The table below presents the components of the Company’s comprehensive income (loss) for the three and nine months ended September 30, 2022 and 2021 (in thousands): Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Net income (loss) $ 30,676 $ 36,376 $ 52,974 $ (2,735 ) Other comprehensive income Foreign currency translation adjustment (2,829 ) (485 ) (5,642 ) (163 ) Comprehensive income (loss) 27,847 35,891 47,332 (2,898 ) Less: Comprehensive income (loss) attributable to non-controlling interests (17 ) 42 (470 ) 101 Comprehensive income (loss) attributable to JAKKS Pacific, Inc. $ 27,864 $ 35,849 $ 47,802 $ (2,999 )

Share-Based Payments (Tables)

Share-Based Payments (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	The following table summarizes the total share-based compensation expense recognized for the three and nine months ended September 30, 2022 and 2021 (in thousands) Three Months Ended Nine Months Ended September 30, September 30, 2022 2021 2022 2021 Share-based compensation expense $ 1,411 $ 615 $ 3,436 $ 1,380
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Outstanding, December 31, 2021 1,073,902 $ 8.62 Granted 601,613 15.79 Vested (308,499 ) 8.75 Forfeited (149,238 ) 14.70 Outstanding, September 30, 2022 1,217,778 11.39

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following tables summarize the Company's financial liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands): Fair Value Measurements as of September 30, 2022 Carrying Amount as of September 30, 2022 Level 1 Level 2 Level 3 Preferred stock derivative liability $ 23,347 $ — $ — $ 23,347 Fair Value Measurements as of December 31, 2021 Carrying Amount as of December 31, 2021 Level 1 Level 2 Level 3 Preferred stock derivative liability $ 21,282 $ — $ — $ 21,282
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following tables provide a reconciliation of the beginning and ending balances of liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands): Preferred stock derivative liability 2022 2021 Balance, January 1, $ 21,282 $ 8,062 Change in fair value 2,065 9,013 Balance, September 30, $ 23,347 $ 17,075 3.25% convertible senior notes due in 2023 2022 2021 Balance, January 1, $ — $ 34,134 Conversion of convertible senior notes — (50,759 ) Change in fair value — 16,495 PIK interest — 312 Balance, September 30, $ — $ 182

Prepaid Expense and Other Ass_2

Prepaid Expense and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2022
Disclosure Text Block Supplement [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	Prepaid expenses and other assets as of September 30, 2022 and December 31, 2021 consist of the following (in thousands): September 30, 2022 December 31, 2021 Prepaid expenses $ 5,014 $ 4,151 Government-funded COVID-19 relief 2,619 2,390 Income taxes receivable 2,235 1,527 Royalty advances 1,136 2,619 Other assets 120 190 Prepaid expenses and other assets $ 11,124 $ 10,877

Cash Flow, Supplemental Discl_2

Cash Flow, Supplemental Disclosures (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Supplemental Cash Flow Elements [Abstract]
Purchase of property and equipment incurred	$ 4.7	$ 3.1

Business Segments, Geographic_3

Business Segments, Geographic Data, and Sales by Major Customers (Details) - Schedule of Segment Reporting Information, by Segment - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net Sales	$ 322,998	$ 236,957	$ 664,301	$ 433,152
Income (loss) from Operations	53,741	36,743	76,667	35,841
Depreciation and Amortization Expense	4,258	4,293	8,626	8,865
Assets	477,114		477,114		$ 357,047
Toys/Consumer Products [Member]
Segment Reporting Information [Line Items]
Net Sales	269,607	172,952	529,590	334,365
Income (loss) from Operations	53,643	30,378	74,097	35,594
Depreciation and Amortization Expense	4,139	3,977	8,176	8,229
Assets	397,999		397,999		338,266
Costumes [Member]
Segment Reporting Information [Line Items]
Net Sales	53,391	64,005	134,711	98,787
Income (loss) from Operations	98	6,365	2,570	247
Depreciation and Amortization Expense	119	$ 316	450	$ 636
Assets	$ 79,115		$ 79,115		$ 18,781

Business Segments, Geographic_4

Business Segments, Geographic Data, and Sales by Major Customers (Details) - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	$ 37,514		$ 37,514		$ 30,099
Net Sales	322,998	$ 236,957	664,301	$ 433,152
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	19,527		19,527		16,252
Net Sales	253,854	199,136	543,388	363,317
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	14,572		14,572		11,655
HONG KONG
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	2,343		2,343		770
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	951		951		1,270
MEXICO
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	70		70		79
CANADA
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived Assets	51		51		$ 73
Net Sales	12,804	8,094	21,720	12,403
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	38,075	20,836	65,911	38,103
Latin America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	9,504	4,503	15,712	8,123
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	4,294	2,635	8,733	6,214
Australia and New Zealand [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	3,941	1,490	7,014	3,927
Middle East and Africa [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net Sales	$ 526	$ 263	$ 1,823	$ 1,065

Business Segments, Geographic_5

Business Segments, Geographic Data, and Sales by Major Customers (Details) - Schedule of Revenue by Major Customers by Reporting Segments - Revenue Benchmark [Member] - Customer Concentration Risk [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Wal Mart [Member]
Revenue, Major Customer [Line Items]
Net Sales	$ 88,954	$ 56,822	$ 182,345	$ 113,152
Percentage of Net Sales from Major Customer	27.50%	24%	27.50%	26.10%
Target [Member]
Revenue, Major Customer [Line Items]
Net Sales	$ 75,327	$ 67,130	$ 176,119	$ 120,458
Percentage of Net Sales from Major Customer	23.30%	28.30%	26.50%	27.80%
Amazon [Member]
Revenue, Major Customer [Line Items]
Net Sales	$ 17,718	$ 27,504	$ 49,765	$ 41,168
Percentage of Net Sales from Major Customer	5.50%	11.60%	7.50%	9.50%
Major Customers [Member]
Revenue, Major Customer [Line Items]
Net Sales	$ 181,999	$ 151,456	$ 408,229	$ 274,778
Percentage of Net Sales from Major Customer	56.30%	63.90%	61.50%	63.40%

Inventory (Details)

Inventory (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory Valuation Reserves	$ 7.7	$ 4.6

Inventory (Details) - Schedule

Inventory (Details) - Schedule of Inventory, Current - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule Of Inventory Current Abstract
Raw materials	$ 67	$ 106
Finished goods	109,104	83,848
Inventory, net	$ 109,171	$ 83,954

Revenue Recognition and Reser_2

Revenue Recognition and Reserve for Sales Returns and Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenue Recognition and Reserve for Sales Returns and Allowances (Details) [Line Items]
Selling Expense	$ 8,397	$ 10,729	$ 20,137	$ 23,817
Sales reserves and allowances	59,200		$ 59,200		$ 46,300
Minimum [Member]
Revenue Recognition and Reserve for Sales Returns and Allowances (Details) [Line Items]
Discount on invoiced amount of products			1%
Maximum [Member]
Revenue Recognition and Reserve for Sales Returns and Allowances (Details) [Line Items]
Discount on invoiced amount of products			20%
Shipping and Handling [Member]
Revenue Recognition and Reserve for Sales Returns and Allowances (Details) [Line Items]
Selling Expense	$ 1,100	$ 900	$ 4,800	$ 3,000

Debt (Details)

Debt (Details) - USD ($)					1 Months Ended	3 Months Ended		9 Months Ended
	Sep. 28, 2022	Jun. 27, 2022	Jun. 02, 2021	Jun. 12, 2020	Aug. 31, 2019	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Feb. 09, 2021	Feb. 05, 2021	Aug. 09, 2020	Jul. 09, 2020	Feb. 09, 2020	Jul. 26, 2018	Aug. 31, 2017
Debt (Details) [Line Items]
Common Stock, Par or Stated Value Per Share (in Dollars per share)						$ 0.001		$ 0.001		$ 0.001
Paid-in-Kind Interest								$ 0	$ 1,625,000
Liabilities, Fair Value Adjustment						$ 0	$ (3,651,000)	0	(16,495,000)
Proceeds from Issuance of Long-Term Debt								0	96,306,000
Repayments of Debt								0	125,805,000
Amortization of Debt Discount (Premium)								$ 776,000	1,325,000
Oasis Management And Oasis Investments ll Master Fund Ltd. [Member]
Debt (Details) [Line Items]
Common Stock, Par or Stated Value Per Share (in Dollars per share)					$ 0.001
4.875% Convertible Senior Notes Due 2020 [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					4.875%
3.25% Convertible Senior Notes Due 2023 [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage						3.25%		3.25%
Debt Instrument, Face Amount																$ 8,000,000
Interest rate if paid cash																	3.25%
Interest rate if paid stock																	5%
Interest rate if paid in-kind																	2.75%
Debt Instrument, Convertible, Conversion Price (in Dollars per share)					$ 1						$ 5.647		$ 5.647	$ 10	$ 1
Debt Instrument, Redemption Price, Percentage					105%
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger					30%
Debt Instrument, Convertible, Threshold Percentage of Market Price Trigger					150%
Debt Conversion, Converted Instrument, Amount								$ 24,000,000
Paid-in-Kind Interest								$ 1,200,000
Debt Conversion, Converted Instrument, Shares Issued (in Shares)								4,246,828
Adjustments to Additional Paid in Capital, Other								$ 50,800,000
3.25% Convertible Senior Notes Due 2023 [Member] | Oasis Management And Oasis Investments ll Master Fund Ltd. [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount					$ 8,000,000												$ 21,600,000
3.25% Convertible Senior Notes (due 2020) [Member] | Oasis Management And Oasis Investments ll Master Fund Ltd. [Member]
Debt (Details) [Line Items]
Liabilities, Fair Value Adjustment							3,700,000		16,500,000
Benefit Street Partners [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			3.25%
Debt Instrument, Face Amount												$ 11,000,000
Debt Issuance Costs, Gross						$ 800,000	1,000,000	800,000	1,000,000
Amortization of Debt Issuance Costs						300,000	43,533	400,000	57,627
Debt Instrument, Unamortized Discount						1,600,000	2,300,000	1,600,000	2,300,000
Amortization of Debt Discount (Premium)						600,000	$ 94,164	800,000	$ 124,506
Initial Term Loan [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			3.25%
Debt Instrument, Face Amount			$ 99,000,000
Proceeds from Issuance of Long-Term Debt			$ 96,300,000
Debt Instrument, Covenant Description			the Company entered into a First Amendment to the 2021 BSP Term Loan Agreement, to provide, among other things, that the Company must maintain Qualified Cash of at least: (a) at all times after the Closing Date and prior to the First Amendment Effective Date, April 26, 2022, $20.0 million; (b) at all times during the period commencing on the First Amendment Effective Date through and including June 30, 2022, $15.0 million; and (c) at all times on and after July 1, 2022, through September 30, 2022, $17.5 million; provided, however, that if the Total Net Leverage Ratio exceeded 1.75:1.00 as of the last day of the most recently ended month for which financial statements were required to have been delivered, then the amount set forth in this clause shall be increased to $20.0 million. Notwithstanding the foregoing, the Applicable Minimum Cash Amount shall be reduced by $1.0 million for every $5.0 million principal prepayment or repayment of the Term Loans following the First Amendment Effective Date; provided however, that, the Applicable Minimum Cash Amount shall in no event be reduced below $15.0 million
Repayments of Debt	$ 17,500,000	$ 10,000,000
Payment for Debt Extinguishment or Debt Prepayment Cost	$ 500,000
Initial Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate			6.50%
Debt Instrument, Description of Variable Rate Basis			subject to a 1.00% LIBOR floor, or (ii) base rate plus 5.50% - 6.00% (determined by reference to a net leverage pricing grid), subject to a 2.00% base rate floor
Initial Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate			7%
Delayed Draw Term Loan [Member]
Debt (Details) [Line Items]
Debt Instrument, Face Amount			$ 19,000,000
Paycheck Protection Program Loan [Member] | Unsecured Debt [Member]
Debt (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				1%
Debt Instrument, Face Amount				$ 6,200,000
Monthly payments				$ 261,275
3.25% Convertible Senior Notes Due 2023 [Member]
Debt (Details) [Line Items]
Equity Method Investment, Ownership Percentage					49%
Closing Fees [Member]
Debt (Details) [Line Items]
Debt Instrument, Unamortized Discount (Premium), Net			2,200,000
Other Administrative Fees [Member]
Debt (Details) [Line Items]
Debt Issuance Costs, Gross			$ 500,000
Secured Debt [Member] | Initial Term Loan [Member]
Debt (Details) [Line Items]
Proceeds from Issuance of Long-Term Debt								69,500,000
Secured Debt [Member] | New Term Loan Agreement [Member]
Debt (Details) [Line Items]
Long-Term Debt, Fair Value						70,800,000		70,800,000		$ 97,300,000
Secured Debt [Member] | Reported Value Measurement [Member] | New Term Loan Agreement [Member]
Debt (Details) [Line Items]
Value of debt outstanding						$ 67,700,000		$ 67,700,000		$ 95,500,000

Debt (Details) - Schedule of De

Debt (Details) - Schedule of Debt - Secured Debt [Member] - 2021 BSP Term Loan [Member] - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Debt (Details) - Schedule of Debt [Line Items]
Principal Amount		$ 69,520	$ 98,505
Debt Discount/ Issuance Costs	[1]	(1,850)	(2,986)
Net Amount		$ 67,670	$ 95,519
[1]The term loan was valued using the discounted cash flow method to determine the implied debt discount. The debt discount and issuance costs are amortized over the life of the term loan on a straight-line basis which approximates the effective interest method.

Credit Facilities (Details)

Credit Facilities (Details) - USD ($)		3 Months Ended	9 Months Ended
	Jun. 02, 2021	Sep. 30, 2022	Sep. 30, 2022
Credit Facilities (Details) [Line Items]
Letters of Credit Outstanding, Amount (in Dollars)		$ 17,200,000	$ 17,200,000
JPMorgan ABL Credit Agreement [Member]
Credit Facilities (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)	$ 67,500,000
Line of Credit, Current (in Dollars)
Letters of Credit Outstanding, Amount (in Dollars)		46,500,000	46,500,000
Debt Issuance Costs, Gross (in Dollars)		1,600,000	1,600,000
Amortization of Debt Issuance Costs (in Dollars)		$ 79,132	$ 200,000
JPMorgan ABL Credit Agreement [Member] | Minimum [Member]
Credit Facilities (Details) [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Fixed Charge Coverage Ratio	1.1
JPMorgan ABL Credit Agreement [Member] | Maximum [Member]
Credit Facilities (Details) [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.375%
Fixed Charge Coverage Ratio	1
JPMorgan ABL Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Credit Facilities (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.50%
JPMorgan ABL Credit Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Credit Facilities (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2%
JPMorgan ABL Credit Agreement [Member] | Base Rate [Member] | Minimum [Member]
Credit Facilities (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%
JPMorgan ABL Credit Agreement [Member] | Base Rate [Member] | Maximum [Member]
Credit Facilities (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1%
General Electric Capital Corporation Loan Agreement [Member]
Credit Facilities (Details) [Line Items]
Line of Credit Facility, Interest Rate During Period			1.88%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 11,572	$ 298	$ 13,323	$ 286
Effective Income Tax Rate Reconciliation, Percent	(27.40%)	(0.80%)	20.10%

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings (Loss) Per Share (Details) [Line Items]
Preferred Stock, Shares Outstanding		200,000		200,000
Temporary Equity, Dividends, Adjustment (in Dollars)	[1]	$ 357	$ 336	$ 1,054	$ 993
Convertible Debt Securities [Member]
Earnings (Loss) Per Share (Details) [Line Items]
Temporary Equity, Dividends, Adjustment (in Dollars)		$ 400	$ 300	$ 1,100	$ 1,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			409,589		2,412,419
Restricted Stock [Member]
Earnings (Loss) Per Share (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount				499,584	0
[1]The 200,000 shares issued and outstanding are non-participating.

Earnings (Loss) Per Share (De_2

Earnings (Loss) Per Share (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended						9 Months Ended
		Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Earnings Per Share Basic And Diluted Abstract
Net income (loss)		$ 30,676			$ 36,376			$ 52,974	$ (2,735)
Net income (loss) attributable to non-controlling interests		(17)			42			(470)	101
Net loss attributable to Jakks Pacific, Inc.		30,693	$ 26,560	$ (3,809)	36,334	$ (15,084)	$ (24,086)	53,444	(2,836)
Preferred stock dividend	[1]	357			336			1,054	993
Net income (loss) attributable to common stockholders **	[2]	$ 30,336			$ 35,998			$ 52,390	$ (3,829)
Weighed average common shares outstanding - basic (in Shares)		9,695,000			8,823,000			9,624,000	6,820,000
Earnings (loss) per share available to common stockholder- basic (in Dollars per share)		$ 3.13			$ 4.08			$ 5.44	$ (0.56)
Weighed average common shares outstanding - diluted (in Shares)		10,260,000			9,073,000			10,111,000	6,820,000
Earnings (loss) per share available to common stockholder- diluted (in Dollars per share)		$ 2.96			$ 3.97			$ 5.18	$ (0.56)
[1]The 200,000 shares issued and outstanding are non-participating.[2]Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.4 million and $1.1 million for the three and nine months ended September 30, 2022, respectively. Net income (loss) attributable to common stockholders was computed by deducting preferred dividends of $0.3 million and $1.0 million for the three and nine months ended September 30, 2021, respectively.

Common Stock and Preferred St_3

Common Stock and Preferred Stock (Details)		3 Months Ended		9 Months Ended
	Aug. 09, 2019 $ / shares shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2021 USD ($) shares	Dec. 31, 2021 USD ($) $ / shares shares
Common Stock and Preferred Stock (Details) [Line Items]
Temporary Equity, Shares Issued (in Shares) | shares	200,000	200,000		200,000		200,000
Temporary Equity, Par or Stated Value Per Share (in Dollars per share) | $ / shares	$ 0.001	$ 0.001		$ 0.001		$ 0.001
Temporary Equity, Shares Outstanding (in Shares) | shares		200,000		200,000		200,000
Temporary Equity, Initial Value Per Share (in Dollars per share) | $ / shares	$ 100
Temporary Equity, Quarterly Dividend Rate				6%
Mandatorily Redeemable Preferred Stock, Fair Value Disclosure		$ 24,100,000		$ 24,100,000		$ 23,100,000
Preferred Stock, Liquidation Preference, Value		36,200,000		36,200,000		34,600,000
Minimum [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Temporary Equity, Liquidation Preference Percent Of Accreted Amount	20%
Maximum [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Temporary Equity, Liquidation Preference Percent Of Accreted Amount	150%
Redeemable Preferred Stock [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Dividends		400,000	$ 300,000	1,100,000	$ 1,000,000
Dividends Payable		4,100,000		4,100,000		3,100,000
Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		$ 23,300,000		23,300,000		$ 21,300,000
Restricted Stock [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited (in Shares) | shares					93,352
Restricted Stock Award, Forfeitures				$ 0.1	$ 0.5
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Forfeitures (in Shares) | shares				11,480
Executive Officer [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Number Of Executive Officers		2		2
Executive Officer [Member] | Restricted Stock [Member]
Common Stock and Preferred Stock (Details) [Line Items]
Number Of Executive Officers			2		2
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited (in Shares) | shares				105,758	32,846
Restricted Stock Award, Forfeitures				$ 1.3	$ 0.2

Common Stock and Preferred St_4

Common Stock and Preferred Stock (Details) - Schedule of Series A Preferred Stock - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jan. 01, 2022	Dec. 31, 2021	Jan. 01, 2021
Stockholders' Equity Note [Abstract]
Temporary Equity, Carrying Amount, Attributable to Parent	$ 4,128	$ 3,771	$ 3,420	$ 2,733	$ 2,397	$ 2,066	$ 3,074	$ 3,074	$ 1,740
Temporary Equity, Accretion of Dividends	$ 357	$ 351	$ 346	$ 336	$ 331	$ 326

Joint Ventures (Details)

Joint Ventures (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Oct. 31, 2016	Nov. 30, 2014
Joint Ventures (Details) [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interest	$ (17,000)	$ 42,000	$ (470,000)	$ 101,000
Joint Venture With Meisheng Cultural & Creative Corp. [Member]
Joint Ventures (Details) [Line Items]
Equity Method Investment, Ownership Percentage						51%
Net Income (Loss) Attributable to Noncontrolling Interest	$ 17,000	$ 42,000	470,000	101,000
Hong Kong Meisheng Cultural Co [Member]
Joint Ventures (Details) [Line Items]
Equity Method Investment, Ownership Percentage					50%
Hong Kong Meisheng Cultural Co [Member]
Joint Ventures (Details) [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interest

Intangible Assets Other Than _3

Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Gross Carrying Amount	$ 60,340	$ 60,340
Accumulated Amortization	(60,086)	(59,325)
Net Amount	$ 254	1,015
Licensing Agreements [Member]
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Weighted Useful Lives	5 years 9 months 21 days
Gross Carrying Amount	$ 20,130	20,130
Accumulated Amortization	$ (20,130)	(20,130)
Product Lines [Member]
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Weighted Useful Lives	10 years 4 months 9 days
Gross Carrying Amount	$ 33,858	33,858
Accumulated Amortization	(33,604)	(32,843)
Net Amount	$ 254	1,015
Customer Relationships [Member]
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Weighted Useful Lives	4 years 10 months 24 days
Gross Carrying Amount	$ 3,152	3,152
Accumulated Amortization	$ (3,152)	(3,152)
Trade Names [Member]
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Weighted Useful Lives	5 years
Gross Carrying Amount	$ 3,000	3,000
Accumulated Amortization	$ (3,000)	(3,000)
Noncompete Agreements [Member]
Intangible Assets Other Than Goodwill (Details) - Schedule of Intangible Assets and Goodwill [Line Items]
Weighted Useful Lives	5 years
Gross Carrying Amount	$ 200	200
Accumulated Amortization	$ (200)	$ (200)

Intangible Assets Other Than _4

Intangible Assets Other Than Goodwill (Details) - Schedule of Indefinite-Lived Intangible Assets - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Schedule Of Indefinite Lived Intangible Assets Abstract
Gross Carrying Amount	$ 300		$ 300		$ 300
Impairment Charge	0	$ 0	(300)	$ 0	0
Net Amount	$ 0		$ 0		$ 300

Comprehensive Income (Loss) (De

Comprehensive Income (Loss) (Details) - Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Comprehensive Loss Abstract
Net income (loss)	$ 30,676			$ 36,376			$ 52,974	$ (2,735)
Other comprehensive income
Foreign currency translation adjustment	(2,829)	$ (2,151)	$ (662)	(485)	$ 380	$ (58)	(5,642)	(163)
Comprehensive income (loss)	27,847			35,891			47,332	(2,898)
Less: Comprehensive income (loss) attributable to non-controlling interests	(17)			42			(470)	101
Comprehensive income (loss) attributable to JAKKS Pacific, Inc.	$ 27,864			$ 35,849			$ 47,802	$ (2,999)

Share-Based Payments (Details)

Share-Based Payments (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Restricted Stock [Member] | Minimum [Member]
Share-Based Payments (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period	1 year
Restricted Stock [Member] | Maximum [Member]
Share-Based Payments (Details) [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period	4 years
Restricted Stock Units (RSUs) [Member]
Share-Based Payments (Details) [Line Items]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount (in Dollars)	$ 12.3
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	2 years 4 months 24 days

Share-Based Payments (Details)

Share-Based Payments (Details) - Share-based Payment Arrangement, Expensed and Capitalized, Amount - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Abstract]
Share-based compensation expense	$ 1,411	$ 615	$ 3,436	$ 1,380

Share-Based Payments (Details_2

Share-Based Payments (Details) - Schedule of Nonvested Restricted Stock Units Activity - Restricted Stock Units (RSUs) [Member]	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share-Based Payments (Details) - Schedule of Nonvested Restricted Stock Units Activity [Line Items]
Outstanding, Number of Shares | shares	1,073,902
Outstanding, Weighted Average Grant Date Fair Value | $ / shares	$ 8.62
Awarded, Number of Shares | shares	601,613
Awarded, Weighted Average Grant Date Fair Value | $ / shares	$ 15.79
Vested, Number of Shares | shares	(308,499)
Vested, Weighted Average Grant Date Fair Value | $ / shares	$ 8.75
Forfeited, Number of Shares | shares	(149,238)
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	$ 14.7
Outstanding, Number of Shares | shares	1,217,778
Outstanding, Weighted Average Grant Date Fair Value | $ / shares	$ 11.39

Fair Value Measurements (Detail

Fair Value Measurements (Details)	Sep. 30, 2022
3.25% Convertible Senior Notes Due 2023 [Member]
Fair Value Measurements (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.25%

Fair Value Measurements (Deta_2

Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis - Reported Value Measurement [Member] - Redeemable Preferred Stock [Member] - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2022	Sep. 30, 2021
Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivative liability	$ 23,347	$ 21,282
Fair Value, Inputs, Level 1 [Member]
Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivative liability	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivative liability	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurements (Details) - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Derivative liability	$ 23,347	$ 21,282

Fair Value Measurements (Deta_3

Fair Value Measurements (Details) - Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation - Fair Value, Inputs, Level 3 [Member] - Fair Value, Recurring [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Redeemable Preferred Stock [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$ 21,282	$ 8,062
Change in fair value	2,065	9,013
Balance	23,347	17,075
3.25% Convertible Senior Notes Due 2023 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	0	34,134
Conversion of convertible senior notes	0	(50,759)
Change in fair value	0	16,495
Payment-in-kind interest	0	312
Balance	$ 0	$ 182

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Jun. 02, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transactions (Details) [Line Items]
Due to Related Parties		$ 28,301		$ 28,301		$ 15,894
Proceeds from Issuance of Long-Term Debt				$ 0	$ 96,306
Director [Member] | Series A Preferred Stock [Member]
Related Party Transactions (Details) [Line Items]
Investment Owned, Balance, Shares (in Shares)		145,788		145,788
Inventory Related Payments [Member] | Hong Kong Meisheng Cultural Company Limited [Member]
Related Party Transactions (Details) [Line Items]
Related Party Transaction, Amounts of Transaction		$ 43,600	$ 33,100	$ 109,300	$ 62,300
Due to Related Parties		$ 28,300		28,300		$ 15,900
Initial Term Loan [Member]
Related Party Transactions (Details) [Line Items]
Proceeds from Issuance of Long-Term Debt	$ 96,300
Secured Debt [Member] | Initial Term Loan [Member]
Related Party Transactions (Details) [Line Items]
Proceeds from Issuance of Long-Term Debt				$ 69,500

Prepaid Expense and Other Ass_3

Prepaid Expense and Other Assets (Details) - Deferred Costs, Capitalized, Prepaid, and Other Assets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Deferred Costs Capitalized Prepaid And Other Assets Abstract
Prepaid expenses	$ 5,014	$ 4,151
Government-funded COVID-19 relief	2,619	2,390
Income taxes receivable	2,235	1,527
Royalty advances	1,136	2,619
Other assets	120	190
Prepaid expenses and other assets	$ 11,124	$ 10,877

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] $ in Millions	Oct. 26, 2022 USD ($)
Subsequent Events (Details) [Line Items]
Offering, Commission, Percentage	3%
At Market Issuance Sales Agreement, Offering, Maximum	$ 75