Party City Holdco (PRTYQ) 10-Q 15 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	15-May-15
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	PRTY
Entity Registrant Name	Party City Holdco Inc.
Entity Central Index Key	1592058
Current Fiscal Year End Date	-19
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		119,252,775

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$35,839	$47,214
Accounts receivable, net	126,362	140,663
Inventories, net	575,556	582,230
Prepaid expenses and other current assets	78,442	77,232
Total current assets	816,199	847,339
Property, plant and equipment, net	244,419	248,684
Goodwill	1,562,531	1,557,250
Trade names	568,742	569,343
Other intangible assets, net	102,090	107,010
Other assets, net	54,609	51,237
Total assets	3,348,590	3,380,863
Current liabilities:
Loans and notes payable	133,975	25,336
Accounts payable	91,109	145,686
Accrued expenses	133,934	165,683
Income taxes payable	0	34,670
Current portion of long-term obligations	12,185	12,249
Total current liabilities	371,203	383,624
Long-term obligations, excluding current portion	2,125,380	2,127,583
Deferred income tax liabilities	308,616	309,338
Deferred rent and other long-term liabilities	41,559	38,030
Total liabilities	2,846,758	2,858,575
Redeemable common securities (3,088,631 shares issued and outstanding at March 31, 2015 and December 31, 2014)	40,955	35,062
Commitments and contingencies
Stockholders' equity:
Common stock (91,007,894 shares issued and outstanding at March 31, 2015 and December 31, 2014)	910	910
Additional paid-in capital	463,620	469,117
Retained earnings	21,409	29,934
Accumulated other comprehensive loss	-25,062	-12,735
Total stockholders' equity	460,877	487,226
Total liabilities, redeemable common securities and stockholders' equity	$3,348,590	$3,380,863

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Redeemable common securities, shares issued	3,088,631	3,088,631
Redeemable common securities, shares outstanding	3,088,631	3,088,631
Common stock, shares issued	91,007,894	91,007,894
Common stock, shares outstanding	91,007,894	91,007,894

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations and Comprehensive Loss (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenues:
Net sales	$458,195	$429,220
Royalties and franchise fees	3,910	3,767
Total revenues	462,105	432,987
Expenses:
Cost of sales	294,274	274,381
Wholesale selling expenses	17,125	18,188
Retail operating expenses	80,314	80,286
Franchise expenses	3,459	3,365
General and administrative expenses	37,652	36,090
Art and development costs	5,277	4,771
Total expenses	438,101	417,081
Income from operations	24,004	15,906
Interest expense, net	38,479	39,409
Other (income) expense, net	-1,421	6,649
Loss before income taxes	-13,054	-30,152
Income tax benefit	-4,529	-10,240
Net loss	-8,525	-19,912
Comprehensive loss	($20,852)	($20,545)
Net loss per common share-Basic	($0.09)	($0.21)
Net loss per common share-Diluted	($0.09)	($0.21)
Weighted-average number of common shares-Basic	94,096,525	93,853,004
Weighted-average number of common shares-Diluted	94,096,525	93,853,004
Dividends declared per share	$0	$0

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Stockholder's Equity (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
In Thousands, except Share data
Balance at Dec. 31, 2014	$487,226	$910	$469,117	$29,934	($12,735)
Balance, Shares at Dec. 31, 2014	91,007,894	91,007,894
Net loss	-8,525			-8,525
Equity based compensation	396		396
Adjustment of redeemable common shares	-5,893		-5,893
Foreign currency adjustments	-13,359				-13,359
Impact of foreign exchange contracts, net of taxes	1,032				1,032
Balance at Mar. 31, 2015	$460,877	$910	$463,620	$21,409	($25,062)
Balance, Shares at Mar. 31, 2015	91,007,894	91,007,894

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows used in operating activities:
Net loss	($8,525)	($19,912)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense	20,151	20,972
Amortization of deferred financing costs and original issuance discount	3,074	6,209
Provision for doubtful accounts	682	120
Deferred income tax expense (benefit)	258	-3,474
Deferred rent	1,405	2,689
Undistributed (income) loss in unconsolidated joint venture	-91	583
(Gain) loss on sale of assets	-2,660	498
Equity based compensation	396	396
Changes in operating assets and liabilities, net of effects of acquired businesses:
Decrease in accounts receivable	13,811	17,050
Decrease (increase) in inventories	4,280	-1,438
Increase in prepaid expenses and other current assets	-780	-5,902
Decrease in accounts payable, accrued expenses and income taxes payable	-123,122	-111,570
Net cash used in operating activities	-91,121	-93,779
Cash flows used in investing activities:
Cash paid in connection with acquisitions, net of cash acquired	-8,253	-2,152
Capital expenditures	-12,715	-13,656
Proceeds from disposal of property and equipment	11	504
Net cash used in investing activities	-20,957	-15,304
Cash flows provided by financing activities:
Repayment of loans, notes payable and long-term obligations	-27,431	-1,140,295
Proceeds from loans, notes payable and long-term obligations	133,100	1,241,120
Cash held in escrow in connection with acquisitions	-3,832	0
Exercise of stock options	0	805
Debt issuance costs	0	-148
Net cash provided by financing activities	101,837	101,482
Effect of exchange rate changes on cash and cash equivalents	-1,134	184
Net decrease in cash and cash equivalents	-11,375	-7,417
Cash and cash equivalents at beginning of period	47,214	25,645
Cash and cash equivalents at end of period	35,839	18,228
Cash paid during the period
Interest	58,791	63,991
Income taxes, net of refunds	$32,471	$14,752

Description_of_Business

Description of Business	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Note 1 – Description of Business
	Party City Holdco Inc. (the “Company” or “Party City Holdco”) is the leading party goods retailer, by revenue, in North America and, we believe, the largest vertically integrated supplier of decorated party goods globally by revenue. The Company is a popular one-stop shopping destination for party supplies, balloons, and costumes. In addition to being a great retail brand, the Company is a global, world-class organization that combines state-of-the-art manufacturing and sourcing operations, and sophisticated wholesale operations with a multi-channel retailing strategy that includes the Party City brick and mortar and e-commerce retail operations. The Company is the leading player in its category, vertically integrated and unique in its breadth and depth. Party City Holdco designs, manufactures, sources and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts and stationery throughout the world. The Company’s retail operations include approximately 900 specialty retail party supply stores in the United States and Canada, operating under the names Party City and Halloween City, and e-commerce websites, principally through the domain name PartyCity.com. Party City Holdco also franchises both individual stores and franchise areas throughout the United States and Puerto Rico, principally under the name Party City.
	Party City Holdco is a holding company with no operating assets or operations. The Company owns 100% of PC Nextco Holdings, LLC (“PC Nextco”), which owns 100% of PC Intermediate Holdings, Inc. (“PC Intermediate”). PC Intermediate owns 100% of Party City Holdings Inc. (“PCHI”), which owns the Company’s operating subsidiaries.

Basis_of_Presentation_and_Rece

Basis of Presentation and Recently Issued Accounting Pronouncements	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation and Recently Issued Accounting Pronouncements	Note 2 – Basis of Presentation and Recently Issued Accounting Pronouncements
	The unaudited condensed consolidated financial statements of the Company include the accounts of the Company and its majority-owned and controlled entities. All significant intercompany balances and transactions have been eliminated in consolidation. The unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring items) considered necessary for a fair presentation have been included in the unaudited condensed consolidated financial statements.
	The majority of our retail operations define a fiscal year (“Fiscal Year”) as the 52-week period or 53-week period ended on the Saturday nearest December 31st of each year and define fiscal quarters (“Fiscal Quarter”) as the four interim 13-week periods following the end of the previous Fiscal Year, except in the case of a 53-week Fiscal Year when the fourth Fiscal Quarter is extended to 14 weeks. The condensed consolidated financial statements of the Company combine the Fiscal Quarters of our retail operations with the calendar quarters of our wholesale operations. The Company has determined the differences between the retail operation’s Fiscal Year and Fiscal Quarters and the calendar year and calendar quarters to be insignificant.
	Operating results for interim periods are not necessarily indicative of the results to be expected for the year ending December 31, 2015. Our business is subject to substantial seasonal variations as our retail segment has realized a significant portion of its net sales, cash flows and net income in the fourth quarter of each year, principally due to its Halloween season sales in October and, to a lesser extent, other year-end holiday sales. We expect that this general pattern will continue. Our results of operations may also be affected by industry factors that may be specific to a particular period such as movement in and the general level of raw material costs. For further information see the consolidated financial statements, and notes thereto, included in the Company’s Form S-1, as filed with the Securities and Exchange Commission.
	Recently Issued Accounting Pronouncements
	In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. The pronouncement will be effective for the Company during the first quarter of 2016. It will require companies to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of such debt liability. As of March 31, 2015 and December 31, 2014, the Company had $42,028 and $44,372, respectively, of debt issuance costs recorded in “other assets” on the Company’s condensed consolidated balance sheet.
	In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period”. The update clarifies that a performance target in a share-based payment that affects vesting and that could be achieved after the requisite service period should be accounted for as a performance condition. The pronouncement will be effective for the Company during the first quarter of 2016. Although the Company continues to review this pronouncement, it does not believe that it will have a material impact on the Company’s consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”. The pronouncement contains a five-step model which replaces most existing revenue recognition guidance. Currently, the update is effective for the Company during the first quarter of 2017. However, the FASB has proposed delaying the standard by a year, with early adoption permitted. The pronouncement can be applied retrospectively to prior reporting periods or through a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity”. The update changed the criteria for reporting discontinued operations and enhanced disclosures related to disposals of components of an entity. The Company adopted the update during the three months ended March 31, 2015 and such adoption did not have a material impact on the Company’s consolidated financial statements.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Note 3 – Inventories
	Inventories consisted of the following:
		March 31,		December 31,
		2015		2014
	Finished goods	$	543,539	$	550,975
	Raw materials		22,056		22,093
	Work in process		9,961		9,162
		$	575,556	$	582,230
	Inventories are valued at the lower of cost or market. The Company determines the cost of inventory at its retail stores using the weighted average method. Other inventory cost is principally determined using the first-in, first-out method.
	The Company estimates retail inventory shortages for the periods between physical inventory dates on a store-by-store basis. Inventory shrinkage estimates can be affected by changes in merchandise mix and changes in actual shortage trends. The shrinkage rate from the most recent physical inventory, in combination with historical experience, is the basis for estimating shrinkage.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 4 – Income Taxes
	The income tax benefit for the three months ended March 31, 2015 was determined based upon the Company’s estimated consolidated effective income tax rate for the year ending December 31, 2015. The difference between the estimated consolidated effective income tax rate for the year ending December 31, 2015 and the U.S. federal statutory rate is primarily attributable to unrecognized foreign tax credits and state income taxes, partially offset by a foreign rate differential and available domestic manufacturing deductions.

Changes_in_Accumulated_Other_C

Changes in Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	Note 5 – Changes in Accumulated Other Comprehensive Loss
	The changes in accumulated other comprehensive loss consisted of the following:
		Three Months Ended March 31, 2015
		Foreign			Impact of			Total, Net of
		Currency			Foreign			Taxes
		Adjustments			Exchange
					Contracts,
					Net of Taxes
	Balance at December 31, 2014	$	(12,969	)	$	234		$	(12,735	)
	Other comprehensive (loss) income before reclassifications, net of income tax		(13,359	)		1,198			(12,161	)
	Amounts reclassified from accumulated other comprehensive loss to the condensed consolidated statement of operations and comprehensive loss, net of income tax		0			(166	)		(166	)
	Net current-period other comprehensive (loss) income		(13,359	)		1,032			(12,327	)
	Balance at March 31, 2015	$	(26,328	)	$	1,266		$	(25,062	)
		Three Months Ended March 31, 2014
		Foreign			Impact of			Total, Net of
		Currency			Foreign			Taxes
		Adjustments			Exchange
					Contracts,
					Net of Taxes
	Balance at December 31, 2013	$	5,738		$	(330	)	$	5,408
	Other comprehensive loss before reclassifications, net of income tax		(627	)		(55	)		(682	)
	Amounts reclassified from accumulated other comprehensive income to the condensed consolidated statement of operations and comprehensive loss, net of income tax		0			49			49
	Net current-period other comprehensive loss		(627	)		(6	)		(633	)
	Balance at March 31, 2014	$	5,111		$	(336	)	$	4,775

Capital_Stock

Capital Stock	3 Months Ended
	Mar. 31, 2015
Federal Home Loan Banks [Abstract]
Capital Stock	Note 6 – Capital Stock
	At March 31, 2015, the Company’s authorized capital stock consisted of 300,000,000 shares of $0.01 par value common stock. On April 2, 2015, the Company affected a 2,800 for 1 split of its common stock. All earnings per share amounts and number of shares outstanding have been retroactively adjusted. See Note 13 for further discussion.
	Under the terms of Party City Holdco’s stockholders’ agreement, dated July 27, 2012, employee stockholders who died or became disabled while employed could have required Party City Holdco to purchase all of the shares held by the employee stockholders. The aggregate amount that would have been payable by the Company to current employee stockholders should they have died or become disabled while employed, based on the estimated fair market value of fully paid and vested common securities, totaled $40,955 and $35,062 at March 31, 2015 and December 31, 2014, respectively, and was classified as redeemable common securities on the Company’s consolidated balance sheet, with a corresponding adjustment to additional paid-in capital. As there was no active market for Party City Holdco’s common stock, the Company estimated the fair value of the stock based on a valuation model, which was periodically substantiated by independent appraisals or third-party transactions, including acquisitions. The valuation model took into consideration the fact that Party City Holdco’s stock was not marketable as of March 31, 2015 and December 31, 2014. During April 2015, Party City Holdco consummated an initial public offering of its common stock and, at such time, the existing stockholders’ agreement was amended. In conjunction with such amendment, employee stockholders no longer have the ability to require Party City Holdco to purchase their shares in the event of death or disability. See Note 13 for further discussion of the initial public offering.
	The changes in redeemable common securities during the three months ended March 31, 2015 were as follows:
	Balance at December 31, 2014	$	35,062
	Adjustment of common shares to fair value		5,893
	Balance at March 31, 2015	$	40,955

Segment_Information

Segment Information	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Segment Information	Note 7 – Segment Information
	Industry Segments
	The Company has two identifiable business segments. The Wholesale segment designs, manufactures, contracts for manufacture and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts and stationery throughout the world. The Retail segment operates specialty retail party supply stores in the United States and Canada, principally under the names Party City and Halloween City, and it operates e-commerce websites, principally through the domain name Partycity.com. The Retail segment also franchises both individual stores and franchise areas throughout the United States and Puerto Rico, principally under the name Party City.
	The Company’s industry segment data for the three months ended March 31, 2015 and March 31, 2014 was as follows:
		Wholesale			Retail		Consolidated
	Three Months Ended March 31, 2015
	Revenues:
	Net sales	$	250,716		$	313,272	$	563,988
	Royalties and franchise fees		0			3,910		3,910
	Total revenues		250,716			317,182		567,898
	Eliminations		(105,793	)		0		(105,793	)
	Net revenues	$	144,923		$	317,182	$	462,105
	Income from operations	$	12,669		$	11,335	$	24,004
	Interest expense, net							38,479
	Other income, net							(1,421	)
	Loss before income taxes						$	(13,054	)
		Wholesale			Retail		Consolidated
	Three Months Ended March 31, 2014
	Revenues:
	Net sales	$	232,491		$	299,579	$	532,070
	Royalties and franchise fees		0			3,767		3,767
	Total revenues		232,491			303,346		535,837
	Eliminations		(102,850	)		0		(102,850	)
	Net revenues	$	129,641		$	303,346	$	432,987
	Income from operations	$	11,905		$	4,001	$	15,906
	Interest expense, net							39,409
	Other expense, net							6,649
	Loss before income taxes						$	(30,152	)
	Geographic Segments
	Intercompany sales between geographic areas primarily consist of sales of finished goods for distribution in foreign markets and are made at cost plus a share of operating profit.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8 – Commitments and Contingencies
	The Company is a party to certain claims and litigation in the ordinary course of business. The Company does not believe these proceedings will result, individually or in the aggregate, in a material adverse effect on its financial condition or future results of operations.
	The Company is an assignor with contingent lease liability for four stores sold to franchisees and other parties. The potential contingent lease obligations continue until the applicable leases expire in 2018. The maximum amount of the contingent lease obligations may vary, but is limited to the sum of the total amount due under the leases. At March 31, 2015, the maximum amount of the contingent lease obligations was approximately $870. Payment of such amount is contingent upon certain events occurring, which management has not assessed as probable or estimable at this time.

Derivative_Financial_Instrumen

Derivative Financial Instruments

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Note 9 – Derivative Financial Instruments

The Company is directly and indirectly affected by changes in certain market conditions. These changes in market conditions may adversely impact the Company’s financial performance and are referred to as market risks. The Company, when deemed appropriate, uses derivatives as a risk management tool to mitigate the potential impact of certain market risks. The primary market risks managed through the use of derivative financial instruments are interest rate risk and foreign currency exchange rate risk.

Interest Rate Risk Management

As part of the Company’s risk management strategy, the Company periodically uses interest rate swap agreements to hedge the variability of cash flows on floating rate debt obligations. Accordingly, interest rate swap agreements are reflected in the consolidated balance sheets at fair value and the related gains and losses on these contracts are deferred in stockholders’ equity and recognized in interest expense over the same period in which the related interest payments being hedged are recognized in income. The fair value of an interest rate swap agreement is the estimated amount that the counterparty would receive or pay to terminate the swap agreement at the reporting date, taking into account current interest rates and the current creditworthiness of the swap counterparty. The Company did not utilize interest rate swap agreements during the three months ended March 31, 2015 and March 31, 2014.

Foreign Exchange Risk Management

A portion of the Company’s cash flows is derived from transactions denominated in foreign currencies. In order to reduce the uncertainty of foreign exchange rate movements on transactions denominated in foreign currencies, including the British Pound Sterling, the Canadian Dollar, the Euro, the Malaysian Ringgit and the Australian Dollar, the Company enters into foreign exchange contracts with major international financial institutions. These forward contracts, which typically mature within one year, are designed to hedge anticipated foreign currency transactions, primarily inventory purchases and sales. For contracts that qualify for hedge accounting, the terms of the foreign exchange contracts are such that cash flows from the contracts should be highly effective in offsetting the expected cash flows from the underlying forecasted transactions.

The foreign currency exchange contracts are reflected in the condensed consolidated balance sheets at fair value. The fair value of the foreign currency exchange contracts is the estimated amount that the counterparties would receive or pay to terminate the foreign currency exchange contracts at the reporting date, taking into account current foreign exchange spot rates. At March 31, 2015 and December 31, 2014, the Company had foreign currency exchange contracts that qualified for hedge accounting. No components of these agreements were excluded in the measurement of hedge effectiveness. As these hedges were 100% effective, there was no impact on earnings due to hedge ineffectiveness. The Company anticipates that substantially all unrealized gains and losses in accumulated other comprehensive loss related to these foreign currency exchange contracts will be reclassified into earnings by June 2017.

The following table displays the fair values of the Company’s derivatives at March 31, 2015 and December 31, 2014:

Derivative Assets

Derivative Liabilities

Balance

Fair

Balance

Fair

Balance

Fair

Balance

Fair

Sheet

Value

Sheet

Value

Sheet

Value

Sheet

Value

Line

Line

Line

Line

Derivative Instrument

March 31, 2015

December 31, 2014

March 31, 2015

December 31, 2014

Foreign Exchange Contracts

(a) PP

$

2,143

(a) PP

$

0

(b) AE

$

632

(b) AE

$

476

(a)

PP =repaid expenses and other current assets

(b)

AE =ccrued expenses

The following table displays the notional amounts of the Company’s derivatives at March 31, 2015 and December 31, 2014:

Derivative Instrument

March 31,

December 31,

2015

2014

Foreign Exchange Contracts

$

40,602

$

8,900

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10 – Fair Value Measurements
	The provisions of FASB ASC Topic 820, “Fair Value Measurement”, define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:
	•	Level 1 — Quoted prices in active markets for identical assets or liabilities.
	•	Level 2 — Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.
	•	Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.
	The following table shows assets and liabilities as of March 31, 2015 that are measured at fair value on a recurring basis:
		Level 1		Level 2		Level 3		Total as of March 31, 2015
	Derivative assets	$	0	$	2,143	$	0	$	2,143
	Derivative liabilities		0		632		0		632
	The following table shows assets and liabilities as of December 31, 2014 that are measured at fair value on a recurring basis:
		Level 1		Level 2		Level 3		Total as of December 31, 2014
	Derivative assets	$	0	$	0	$	0	$	0
	Derivative liabilities		0		476		0		476
	In addition to assets and liabilities that are recorded at fair value on a recurring basis, the Company is required to record other assets and liabilities at fair value on a nonrecurring basis, generally as a result of impairment charges.
	The carrying amounts for cash and cash equivalents, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued expenses and other current liabilities approximated fair value at March 31, 2015 because of the short-term maturities of the instruments and/or their variable rates of interest.
	The carrying amount and fair value of the Company’s borrowings under its $1,125,000 Term Loan Credit Agreement (“Term Loan Credit Agreement”), its $700,000 Senior Notes (“Senior Notes”) and its $350,000 PIK Notes (“Nextco Notes”) are as follows:
		March 31, 2015
		Carrying		Fair
		Amount		Value
	Term Loan Credit Agreement	$	1,087,052	$	1,095,705
	Nextco Notes		347,458		358,313
	Senior Notes		700,000		756,000
	The fair values of the Term Loan Credit Agreement, the Nextco Notes and the Senior Notes represent Level 2 fair value measurements as the debt instruments trade in inactive markets.
	The carrying amounts for other long-term debt approximated fair value at March 31, 2015 based on the discounted future cash flows of each instrument at rates currently offered for similar debt instruments of comparable maturity.
	See Note 13 for discussion of the redemption of the Nextco Notes.

Earnings_Per_Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 11 – Earnings Per Share
	Basic earnings per share are computed by dividing net income available for common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share are calculated based on the weighted average number of outstanding common shares plus the dilutive effect of stock options as if they were exercised.
	A reconciliation between basic and diluted income per share is as follows:
		Three Months Ended			Three Months Ended
		March 31, 2015			March 31, 2014
	Net loss	$	(8,525	)	$	(19,912	)
	Weighted average shares - Basic		94,096,525			93,853,004
	Effect of dilutive securities:
	Stock options		0			0
	Weighted average shares - Diluted		94,096,525			93,853,004
	Net loss per common share - Basic	$	(0.09	)	$	(0.21	)
	Net loss per common share - Diluted	$	(0.09	)	$	(0.21	)
	All earnings per share amounts and number of shares outstanding have been retroactively adjusted to give effect to a 2,800-for-1 split of the Company’s common stock, which was effected on April 2, 2015.
	During the three months ended March 31, 2015 and 2014, 2,559,200 stock options and 2,681,840 stock options, respectively, were excluded from the calculation of net loss per common share – Diluted as they were anti-dilutive.

LongTerm_Obligations

Long-Term Obligations	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-Term Obligations	Note 12 – Long-Term Obligations
	Long-term obligations consisted of the following:
		March 31,			December 31,
		2015			2014
	Term Loan Credit Agreement	$	1,087,052		$	1,089,242
	Capital lease obligations		3,055			3,274
	Nextco Notes		347,458			347,316
	Senior Notes		700,000			700,000
	Total long-term obligations		2,137,565			2,139,832
	Less: current portion		(12,185	)		(12,249	)
	Long-term obligations, excluding current portion	$	2,125,380		$	2,127,583
	The Nextco Notes were redeemed during May 2015. See Note 13 for further discussion.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 13 – Subsequent Events
	On April 2, 2015, the Company affected a 2,800 for 1 split of its common stock. All earnings per share amounts and number of shares outstanding have been retroactively adjusted.
	Additionally, during April 2015, the Company consummated an initial public offering of its common stock and sold 25,156,250 shares. The estimated net proceeds of the offering, approximately $398,228 after underwriter fees and other expenses directly related to the offering, were used to, among other things, fully redeem the Nextco Notes and pay a management agreement termination fee to affiliates of Thomas H. Lee Partners, L.P. (“THL”) and Advent International Corporation (“Advent”).
	The Company paid $363,720 in order to redeem all $350,000 of the Nextco Notes as such redemption required both a 2% prepayment penalty, $7,000, and the payment of all accrued interest as of the redemption date, $6,720.
	In 2012, the Company entered into a management agreement with THL and Advent under which THL and Advent provided advice to the Company on, among other things, financing, operations, acquisitions and dispositions. Under the agreement, THL and Advent were paid an annual management fee for such services. In connection with the initial public offering, the management agreement was terminated and the Company paid THL and Advent an aggregate termination fee of $30,691.
	Additionally, in conjunction with the initial public offering, the existing stockholders’ agreement was amended and employee stockholders no longer have the ability to require the Company to purchase their shares in the event of death or disability. See Note 6 for further details.

Basis_of_Presentation_and_Rece1

Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
	In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. The pronouncement will be effective for the Company during the first quarter of 2016. It will require companies to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of such debt liability. As of March 31, 2015 and December 31, 2014, the Company had $42,028 and $44,372, respectively, of debt issuance costs recorded in “other assets” on the Company’s condensed consolidated balance sheet.
	In June 2014, the FASB issued ASU 2014-12, “Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period”. The update clarifies that a performance target in a share-based payment that affects vesting and that could be achieved after the requisite service period should be accounted for as a performance condition. The pronouncement will be effective for the Company during the first quarter of 2016. Although the Company continues to review this pronouncement, it does not believe that it will have a material impact on the Company’s consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”. The pronouncement contains a five-step model which replaces most existing revenue recognition guidance. Currently, the update is effective for the Company during the first quarter of 2017. However, the FASB has proposed delaying the standard by a year, with early adoption permitted. The pronouncement can be applied retrospectively to prior reporting periods or through a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity”. The update changed the criteria for reporting discontinued operations and enhanced disclosures related to disposals of components of an entity. The Company adopted the update during the three months ended March 31, 2015 and such adoption did not have a material impact on the Company’s consolidated financial statements.
Inventories	Inventories are valued at the lower of cost or market. The Company determines the cost of inventory at its retail stores using the weighted average method. Other inventory cost is principally determined using the first-in, first-out method.
Industry Segments	Industry Segments
	The Company has two identifiable business segments. The Wholesale segment designs, manufactures, contracts for manufacture and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts and stationery throughout the world. The Retail segment operates specialty retail party supply stores in the United States and Canada, principally under the names Party City and Halloween City, and it operates e-commerce websites, principally through the domain name Partycity.com. The Retail segment also franchises both individual stores and franchise areas throughout the United States and Puerto Rico, principally under the name Party City.
Derivatives	The Company is directly and indirectly affected by changes in certain market conditions. These changes in market conditions may adversely impact the Company’s financial performance and are referred to as market risks. The Company, when deemed appropriate, uses derivatives as a risk management tool to mitigate the potential impact of certain market risks. The primary market risks managed through the use of derivative financial instruments are interest rate risk and foreign currency exchange rate risk.
	Interest Rate Risk Management
	As part of the Company’s risk management strategy, the Company periodically uses interest rate swap agreements to hedge the variability of cash flows on floating rate debt obligations. Accordingly, interest rate swap agreements are reflected in the consolidated balance sheets at fair value and the related gains and losses on these contracts are deferred in stockholders’ equity and recognized in interest expense over the same period in which the related interest payments being hedged are recognized in income. The fair value of an interest rate swap agreement is the estimated amount that the counterparty would receive or pay to terminate the swap agreement at the reporting date, taking into account current interest rates and the current creditworthiness of the swap counterparty. The Company did not utilize interest rate swap agreements during the three months ended March 31, 2015 and March 31, 2014.
	Foreign Exchange Risk Management
	A portion of the Company’s cash flows is derived from transactions denominated in foreign currencies. In order to reduce the uncertainty of foreign exchange rate movements on transactions denominated in foreign currencies, including the British Pound Sterling, the Canadian Dollar, the Euro, the Malaysian Ringgit and the Australian Dollar, the Company enters into foreign exchange contracts with major international financial institutions. These forward contracts, which typically mature within one year, are designed to hedge anticipated foreign currency transactions, primarily inventory purchases and sales. For contracts that qualify for hedge accounting, the terms of the foreign exchange contracts are such that cash flows from the contracts should be highly effective in offsetting the expected cash flows from the underlying forecasted transactions.
	The foreign currency exchange contracts are reflected in the condensed consolidated balance sheets at fair value. The fair value of the foreign currency exchange contracts is the estimated amount that the counterparties would receive or pay to terminate the foreign currency exchange contracts at the reporting date, taking into account current foreign exchange spot rates. At March 31, 2015 and December 31, 2014, the Company had foreign currency exchange contracts that qualified for hedge accounting. No components of these agreements were excluded in the measurement of hedge effectiveness. As these hedges were 100% effective, there was no impact on earnings due to hedge ineffectiveness. The Company anticipates that substantially all unrealized gains and losses in accumulated other comprehensive loss related to these foreign currency exchange contracts will be reclassified into earnings by June 2017.
Fair Value Measurement	The provisions of FASB ASC Topic 820, “Fair Value Measurement”, define fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 established a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:
	•	Level 1 — Quoted prices in active markets for identical assets or liabilities.
	•	Level 2 — Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.
	•	Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following:
		March 31,		December 31,
		2015		2014
	Finished goods	$	543,539	$	550,975
	Raw materials		22,056		22,093
	Work in process		9,961		9,162
		$	575,556	$	582,230

Changes_in_Accumulated_Other_C1

Changes in Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2015
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	The changes in accumulated other comprehensive loss consisted of the following:
		Three Months Ended March 31, 2015
		Foreign			Impact of			Total, Net of
		Currency			Foreign			Taxes
		Adjustments			Exchange
					Contracts,
					Net of Taxes
	Balance at December 31, 2014	$	(12,969	)	$	234		$	(12,735	)
	Other comprehensive (loss) income before reclassifications, net of income tax		(13,359	)		1,198			(12,161	)
	Amounts reclassified from accumulated other comprehensive loss to the condensed consolidated statement of operations and comprehensive loss, net of income tax		0			(166	)		(166	)
	Net current-period other comprehensive (loss) income		(13,359	)		1,032			(12,327	)
	Balance at March 31, 2015	$	(26,328	)	$	1,266		$	(25,062	)
		Three Months Ended March 31, 2014
		Foreign			Impact of			Total, Net of
		Currency			Foreign			Taxes
		Adjustments			Exchange
					Contracts,
					Net of Taxes
	Balance at December 31, 2013	$	5,738		$	(330	)	$	5,408
	Other comprehensive loss before reclassifications, net of income tax		(627	)		(55	)		(682	)
	Amounts reclassified from accumulated other comprehensive income to the condensed consolidated statement of operations and comprehensive loss, net of income tax		0			49			49
	Net current-period other comprehensive loss		(627	)		(6	)		(633	)
	Balance at March 31, 2014	$	5,111		$	(336	)	$	4,775

Capital_Stock_Tables

Capital Stock (Tables)	3 Months Ended
	Mar. 31, 2015
Federal Home Loan Banks [Abstract]
Summary of Changes in Redeemable Common Securities	The changes in redeemable common securities during the three months ended March 31, 2015 were as follows:
	Balance at December 31, 2014	$	35,062
	Adjustment of common shares to fair value		5,893
	Balance at March 31, 2015	$	40,955

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of Company's Industry Segment Data	The Company’s industry segment data for the three months ended March 31, 2015 and March 31, 2014 was as follows:
		Wholesale			Retail		Consolidated
	Three Months Ended March 31, 2015
	Revenues:
	Net sales	$	250,716		$	313,272	$	563,988
	Royalties and franchise fees		0			3,910		3,910
	Total revenues		250,716			317,182		567,898
	Eliminations		(105,793	)		0		(105,793	)
	Net revenues	$	144,923		$	317,182	$	462,105
	Income from operations	$	12,669		$	11,335	$	24,004
	Interest expense, net							38,479
	Other income, net							(1,421	)
	Loss before income taxes						$	(13,054	)
		Wholesale			Retail		Consolidated
	Three Months Ended March 31, 2014
	Revenues:
	Net sales	$	232,491		$	299,579	$	532,070
	Royalties and franchise fees		0			3,767		3,767
	Total revenues		232,491			303,346		535,837
	Eliminations		(102,850	)		0		(102,850	)
	Net revenues	$	129,641		$	303,346	$	432,987
	Income from operations	$	11,905		$	4,001	$	15,906
	Interest expense, net							39,409
	Other expense, net							6,649
	Loss before income taxes						$	(30,152	)

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivatives

The following table displays the fair values of the Company’s derivatives at March 31, 2015 and December 31, 2014:

Derivative Assets

Derivative Liabilities

Balance

Fair

Balance

Fair

Balance

Fair

Balance

Fair

Sheet

Value

Sheet

Value

Sheet

Value

Sheet

Value

Line

Line

Line

Line

Derivative Instrument

March 31, 2015

December 31, 2014

March 31, 2015

December 31, 2014

Foreign Exchange Contracts

(a) PP

$

2,143

(a) PP

$

0

(b) AE

$

632

(b) AE

$

476

(a)

PP =repaid expenses and other current assets

(b)

AE =ccrued expenses

Schedule of Notional Amounts of Derivatives

The following table displays the notional amounts of the Company’s derivatives at March 31, 2015 and December 31, 2014:

Derivative Instrument

March 31,

December 31,

2015

2014

Foreign Exchange Contracts

$

40,602

$

8,900

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table shows assets and liabilities as of March 31, 2015 that are measured at fair value on a recurring basis:
		Level 1		Level 2		Level 3		Total as of March 31, 2015
	Derivative assets	$	0	$	2,143	$	0	$	2,143
	Derivative liabilities		0		632		0		632
	The following table shows assets and liabilities as of December 31, 2014 that are measured at fair value on a recurring basis:
		Level 1		Level 2		Level 3		Total as of December 31, 2014
	Derivative assets	$	0	$	0	$	0	$	0
	Derivative liabilities		0		476		0		476
Summary of Carrying Amount and Fair Value	The carrying amount and fair value of the Company’s borrowings under its $1,125,000 Term Loan Credit Agreement (“Term Loan Credit Agreement”), its $700,000 Senior Notes (“Senior Notes”) and its $350,000 PIK Notes (“Nextco Notes”) are as follows:
		March 31, 2015
		Carrying		Fair
		Amount		Value
	Term Loan Credit Agreement	$	1,087,052	$	1,095,705
	Nextco Notes		347,458		358,313
	Senior Notes		700,000		756,000

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Reconciliation of Earnings Per Share	A reconciliation between basic and diluted income per share is as follows:
		Three Months Ended			Three Months Ended
		March 31, 2015			March 31, 2014
	Net loss	$	(8,525	)	$	(19,912	)
	Weighted average shares - Basic		94,096,525			93,853,004
	Effect of dilutive securities:
	Stock options		0			0
	Weighted average shares - Diluted		94,096,525			93,853,004
	Net loss per common share - Basic	$	(0.09	)	$	(0.21	)
	Net loss per common share - Diluted	$	(0.09	)	$	(0.21	)

LongTerm_Obligations_Tables

Long-Term Obligations (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Summary of Long-Term Obligations	Long-term obligations consisted of the following:
		March 31,			December 31,
		2015			2014
	Term Loan Credit Agreement	$	1,087,052		$	1,089,242
	Capital lease obligations		3,055			3,274
	Nextco Notes		347,458			347,316
	Senior Notes		700,000			700,000
	Total long-term obligations		2,137,565			2,139,832
	Less: current portion		(12,185	)		(12,249	)
	Long-term obligations, excluding current portion	$	2,125,380		$	2,127,583

Description_of_Business_Additi

Description of Business - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015
Pc Nextco [Member]
Basis Of Presentation [Line Items]
Ownership percentage	100.00%
United States And Canada [Member]
Basis Of Presentation [Line Items]
Number of specialty retail party supply stores	900
Subsidiaries [Member] | Reportable Legal Entity Pc Intermediate Holdings Inc [Member]
Basis Of Presentation [Line Items]
Ownership percentage	100.00%
Indirect Subsidiaries [Member] | Party City Holdings Inc [Member]
Basis Of Presentation [Line Items]
Ownership percentage	100.00%

Basis_of_Presentation_and_Rece2

Basis of Presentation and Recently Issued Accounting Pronouncements - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Other Assets [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Debt issuance cost	42,028	$44,372
Minimum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Retail operations period of fiscal year	52 Weeks
Retail operations period of fiscal quarter	13 Weeks
Maximum [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Retail operations period of fiscal year	53 Weeks
Retail operations period of fiscal quarter	14 Weeks

Inventories_Inventories_Detail

Inventories - Inventories (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Finished goods	$543,539	$550,975
Raw materials	22,056	22,093
Work in process	9,961	9,162
Inventories, net	$575,556	$582,230

Changes_in_Accumulated_Other_C2

Changes in Accumulated Other Comprehensive Loss - Changes in Accumulated and Other Comprehensive Loss (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	($12,735)	$5,408
Other comprehensive (loss) income before reclassifications, net of income tax	-12,161	-682
Amounts reclassified from accumulated other comprehensive income to the condensed consolidated statement of operations and comprehensive loss, net of income tax	-166	49
Net current-period other comprehensive (loss) income	-12,327	-633
Ending balance	-25,062	4,775
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	-12,969	5,738
Other comprehensive (loss) income before reclassifications, net of income tax	-13,359	-627
Amounts reclassified from accumulated other comprehensive income to the condensed consolidated statement of operations and comprehensive loss, net of income tax	0	0
Net current-period other comprehensive (loss) income	-13,359	-627
Ending balance	-26,328	5,111
Impact of Foreign Exchange Contracts, Net of Taxes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	234	-330
Other comprehensive (loss) income before reclassifications, net of income tax	1,198	-55
Amounts reclassified from accumulated other comprehensive income to the condensed consolidated statement of operations and comprehensive loss, net of income tax	-166	49
Net current-period other comprehensive (loss) income	1,032	-6
Ending balance	$1,266	($336)

Capital_Stock_Additional_Infor

Capital Stock - Additional Information (Detail) (USD $)	3 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Apr. 02, 2015	Dec. 31, 2014
Temporary Equity [Line Items]
Authorized capital stock	300,000,000
Common stock, par value	$0.01
Common stock split conversion description	All earnings per share amounts and number of shares outstanding have been retroactively adjusted to give effect to a 2,800-for-1 split of the Company's common stock, which was effected on April 2, 2015.
Common stock split conversion ratio	2,800
Fair market value of fully paid and vested common securities	$40,955		$35,062
Subsequent Event [Member]
Temporary Equity [Line Items]
Common stock split conversion description		The Company affected a 2,800 for 1 split of its common stock. All earnings per share amounts and number of shares outstanding have been retroactively adjusted.
Common stock split conversion ratio		2,800

Capital_Stock_Summary_of_Chang

Capital Stock - Summary of Changes in Redeemable Common Securities (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Equity [Abstract]
Beginning balance	$35,062
Adjustment of common shares to fair value	5,893
Ending balance	$40,955

Segment_Information_Additional

Segment Information - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015
	Segment
Segment Reporting [Abstract]
Number of business segments	2

Segment_Information_Schedule_o

Segment Information - Schedule of Company's Industry Segment Data (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenues:
Net sales	$458,195	$429,220
Royalties and franchise fees	3,910	3,767
Total revenues	462,105	432,987
Income (loss) from operations	24,004	15,906
Interest expense, net	38,479	39,409
Other (income) expense, net	-1,421	6,649
Loss before income taxes	-13,054	-30,152
Operating Segments [Member]
Revenues:
Net sales	563,988	532,070
Royalties and franchise fees	3,910	3,767
Total revenues	567,898	535,837
Eliminations [Member]
Revenues:
Total revenues	-105,793	-102,850
Wholesale [Member]
Revenues:
Total revenues	144,923	129,641
Income (loss) from operations	12,669	11,905
Wholesale [Member] | Operating Segments [Member]
Revenues:
Net sales	250,716	232,491
Royalties and franchise fees	0	0
Total revenues	250,716	232,491
Wholesale [Member] | Eliminations [Member]
Revenues:
Total revenues	-105,793	-102,850
Retail [Member]
Revenues:
Total revenues	317,182	303,346
Income (loss) from operations	11,335	4,001
Retail [Member] | Operating Segments [Member]
Revenues:
Net sales	313,272	299,579
Royalties and franchise fees	3,910	3,767
Total revenues	317,182	303,346
Retail [Member] | Eliminations [Member]
Revenues:
Total revenues	$0	$0

Commitments_and_Contingencies_

Commitments and Contingencies - Additional Information (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
	Store
Commitments and Contingencies Disclosure [Abstract]
Number of stores sold to franchisees and other parties for which the company is an assignor	4
Potential contingent lease obligations expiration year	2018
Maximum amount of the contingent lease obligations	$870

Derivative_Financial_Instrumen2

Derivative Financial Instruments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015
Derivative [Line Items]
Foreign currency exchange contracts reclassified date	2017-06
Foreign Exchange Risk Management [Member]
Derivative [Line Items]
Foreign exchange forward contracts maturity	1 year
Hedging effectiveness	100.00%

Derivative_Financial_Instrumen3

Derivative Financial Instruments - Schedule of Fair Values of Derivatives (Detail) (Foreign Exchange Contracts [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	$2,143	$0
Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities	$632	$476

Derivative_Financial_Instrumen4

Derivative Financial Instruments - Schedule of Notional Amounts of Derivatives (Detail) (Foreign Exchange Contracts [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Foreign Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$40,602	$8,900

Fair_Value_Measurements_Summar

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (Fair Value, Measurements, Recurring [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$2,143	$0
Derivative liabilities	632	476
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,143	0
Derivative liabilities	632	476
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	$0	$0

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$1,125,000
Debt Instrument Carrying Amount	1,087,052
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	700,000
Nextco Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$347,458

Fair_Value_Measurements_Summar1

Fair Value Measurements - Summary of Carrying Amount and Fair Value (Detail) (USD $)	Mar. 31, 2015
In Thousands, unless otherwise specified
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$1,087,052
Debt Instrument Fair Value	1,095,705
Nextco Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	347,458
Debt Instrument Fair Value	358,313
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	700,000
Debt Instrument Fair Value	$756,000

Earnings_Per_Share_Reconciliat

Earnings Per Share - Reconciliation of Earnings Per Share (Detail) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Net loss	($8,525)	($19,912)
Weighted average shares - Basic	94,096,525	93,853,004
Effect of dilutive securities:
Stock options	0	0
Weighted average shares - Diluted	94,096,525	93,853,004
Net loss per common share-Basic	($0.09)	($0.21)
Net loss per common share-Diluted	($0.09)	($0.21)

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share Basic And Diluted [Line Items]
Common stock split conversion description	All earnings per share amounts and number of shares outstanding have been retroactively adjusted to give effect to a 2,800-for-1 split of the Company's common stock, which was effected on April 2, 2015.
Common stock split conversion ratio	2,800
Equity Option [Member]
Earnings Per Share Basic And Diluted [Line Items]
Antidilutive securities excluded from calculation of earnings per share	2,559,200	2,681,840

LongTerm_Obligations_Summary_o

Long-Term Obligations - Summary of Long-Term Obligations (Detail) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
Total long-term obligations	$2,137,565	$2,139,832
Less: current portion	-12,185	-12,249
Long-term obligations, excluding current portion	2,125,380	2,127,583
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Total long-term obligations	1,087,052	1,089,242
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Total long-term obligations	3,055	3,274
Nextco Notes [Member]
Debt Instrument [Line Items]
Total long-term obligations	347,458	347,316
Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term obligations	$700,000	$700,000

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (USD $)	3 Months Ended	0 Months Ended		1 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	4-May-15	Apr. 02, 2015	Apr. 30, 2015
Subsequent Event [Line Items]
Common stock split conversion description	All earnings per share amounts and number of shares outstanding have been retroactively adjusted to give effect to a 2,800-for-1 split of the Company's common stock, which was effected on April 2, 2015.
Common stock split conversion ratio	2,800
Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock split conversion description			The Company affected a 2,800 for 1 split of its common stock. All earnings per share amounts and number of shares outstanding have been retroactively adjusted.
Common stock split conversion ratio			2,800
Net proceeds of the offering				$398,228
Amount paid to redeem the debt Notes		363,720
Issued notes		350,000
Prepayment penalty percentage		2.00%
Debt prepayment penalty amount		7,000
Payment of accrued interest		6,720
Subsequent Event [Member] | Thomas H. Lee Partners, L.P. and Advent International Corporation [Member]
Subsequent Event [Line Items]
Management termination fee paid				$30,691
Subsequent Event [Member] | IPO [Member]
Subsequent Event [Line Items]
Common stock shares sold				25,156,250