Party City Holdco (PRTYQ) 10-K 14 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 29, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	PRTY
Entity Registrant Name	Party City Holdco Inc.
Entity Central Index Key	1,592,058
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		119,302,054
Entity Public Float			$ 608,507,305

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 42,919	$ 47,214
Accounts receivable, net	132,287	140,663
Inventories, net	564,259	582,230
Prepaid expenses and other current assets	50,450	77,232
Total current assets	789,915	847,339
Property, plant and equipment, net	272,420	248,684
Goodwill	1,562,515	1,557,250
Trade names	568,712	569,343
Other intangible assets, net	89,157	107,010
Other assets, net	9,684	6,865
Total assets	3,292,403	3,336,491
Current liabilities:
Loans and notes payable	126,136	21,936
Accounts payable	111,616	145,686
Accrued expenses	146,319	165,683
Income taxes payable	8,504	34,670
Current portion of long-term obligations	14,552	12,249
Total current liabilities	407,127	380,224
Long-term obligations, excluding current portion	1,646,121	2,086,611
Deferred income tax liabilities	276,667	309,338
Deferred rent and other long-term liabilities	49,471	38,030
Total liabilities	2,379,386	2,814,203
Redeemable common securities (3,088,630 shares issued and outstanding at December 31, 2014)	$ 0	$ 35,062
Commitments and contingencies
Stockholders' equity:
Common stock (119,258,374 and 91,007,894 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively)	$ 1,193	$ 910
Additional paid-in capital	904,425	469,117
Retained earnings	40,189	29,934
Accumulated other comprehensive loss	(32,790)	(12,735)
Total stockholders' equity	913,017	487,226
Total liabilities, redeemable common securities and stockholders' equity	$ 3,292,403	$ 3,336,491

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Redeemable common securities, shares issued		3,088,630
Redeemable common securities, shares outstanding		3,088,630
Common stock, shares issued	119,258,374	91,007,894
Common stock, shares outstanding	119,258,374	91,007,894

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Net sales	$ 2,275,122	$ 2,251,589	$ 2,026,272
Royalties and franchise fees	19,411	19,668	18,841
Total revenues	2,294,533	2,271,257	2,045,113
Expenses:
Cost of sales	1,370,884	1,375,706	1,259,188
Wholesale selling expenses	64,260	73,910	68,102
Retail operating expenses	401,039	397,110	369,996
Franchise expenses	14,394	14,281	13,320
General and administrative expenses	151,097	147,718	146,094
Art and development costs	20,640	19,390	19,311
Impairment of Halloween City trade name	0	0	7,500
Total expenses	2,022,314	2,028,115	1,883,511
Income from operations	272,219	243,142	161,602
Interest expense, net	123,361	155,917	143,406
Other expense, net	130,990	5,891	18,478
Income (loss) before income taxes	17,868	81,334	(282)
Income tax expense (benefit)	7,409	25,211	(4,525)
Net income	10,459	56,123	4,243
Less: net income attributable to noncontrolling interests	0	0	224
Net income attributable to Party City Holdco Inc.	$ 10,459	$ 56,123	$ 4,019
Net income per common share-basic	$ 0.09	$ 0.60	$ 0.04
Net income per common share-diluted	$ 0.09	$ 0.59	$ 0.04
Weighted-average number of common shares-basic	111,917,168	93,996,355	93,725,721
Weighted-average number of common shares-diluted	112,943,807	94,444,137	93,725,721
Other comprehensive loss, net of tax:
Foreign currency adjustments	$ (20,432)	$ (18,707)	$ (71)
Cash flow hedges	377	564	(105)
Other comprehensive loss, net	(20,055)	(18,143)	(176)
Comprehensive (loss) income	(9,596)	37,980	4,067
Less: comprehensive income attributable to noncontrolling interest	0	0	201
Comprehensive (loss) income	$ (9,596)	$ 37,980	$ 3,866

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Party City Holdco Inc. Stockholders' Equity [Member]	Non-controlling Interests [Member]
Balance at Dec. 31, 2012	$ 787,450	$ 909	$ 808,016	$ (30,208)	$ 6,200	$ 784,917	$ 2,533
Balance, Shares at Dec. 31, 2012		90,917,952
Net income	4,243			4,019		4,019	224
Equity based compensation	2,137		2,137			2,137
Adjustment of redeemable common shares	2,425		2,425			2,425
Acquisition of noncontrolling interest	(2,818)		555		(639)	(84)	(2,734)
Foreign currency adjustments	(71)				(48)	(48)	(23)
Excess tax benefit from stock options	1,511		1,511			1,511
Dividend distribution	(338,015)		(338,015)			(338,015)
Impact of foreign exchange contracts, net	(105)				(105)	(105)
Balance at Dec. 31, 2013	456,757	$ 909	476,629	(26,189)	5,408	456,757	0
Balance, Shares at Dec. 31, 2013		90,917,952
Net income	56,123			56,123		56,123
Equity based compensation	1,583		1,583			1,583
Adjustment of redeemable common shares	(9,713)	$ 1	(9,714)			(9,713)
Adjustment of redeemable common shares, Shares		83,222
Exercise of stock options	37		37			37
Exercise of stock options, shares		6,720
Foreign currency adjustments	(18,707)				(18,707)	(18,707)
Excess tax benefit from stock options	582		582			582
Impact of foreign exchange contracts, net	564				564	564
Balance at Dec. 31, 2014	$ 487,226	$ 910	469,117	29,934	(12,735)	487,226	0
Balance, Shares at Dec. 31, 2014	91,007,894	91,007,894
Net income	$ 10,459			10,459		10,459
Equity based compensation	3,042		3,042			3,042
Adjustment of redeemable common shares	35,062	$ 31	35,031			35,062
Adjustment of redeemable common shares, Shares		3,088,630
Issuance of common stock	397,159	$ 252	396,907			397,159
Issuance of common stock, Shares		25,156,250
Exercise of stock options	30		30			30
Exercise of stock options, shares		5,600
Foreign currency adjustments	(20,432)				(20,432)	(20,432)
Excess tax benefit from stock options	298		298			298
Spin-off of subsidiary	(204)			(204)		(204)
Impact of foreign exchange contracts, net	377				377	377
Balance at Dec. 31, 2015	$ 913,017	$ 1,193	$ 904,425	$ 40,189	$ (32,790)	$ 913,017	$ 0
Balance, Shares at Dec. 31, 2015	119,258,374	119,258,374

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows provided by operating activities:
Net income	$ 10,459	$ 56,123	$ 4,243
Less: net income attributable to noncontrolling interests	0	0	224
Net income attributable to Party City Holdco Inc.	10,459	56,123	4,019
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	80,515	82,890	94,624
Amortization of deferred financing costs	40,516	15,610	20,211
Provision for doubtful accounts	223	1,783	1,079
Deferred income tax benefit	(6,178)	(13,758)	(25,599)
Deferred rent	13,407	14,418	17,055
Undistributed loss in unconsolidated joint venture	562	1,556	172
Impairment of intangible assets	852	0	7,500
Impairment of fixed assets	0	1,012	322
(Gain) loss on disposal of equipment	(2,593)	2,310	388
Equity based compensation	3,042	1,583	2,137
Changes in operating assets and liabilities, net of effects of acquired businesses:
Decrease (increase) in accounts receivable	6,868	(7,202)	(7,356)
Decrease (increase) in inventories	15,515	(55,786)	(2,040)
(Increase) decrease in prepaid expenses and other current assets	(4,683)	5,813	(10,235)
(Decrease) increase in accounts payable, accrued expenses and income taxes payable	(78,293)	30,035	33,541
Net cash provided by operating activities	80,212	136,387	135,818
Cash flows used in investing activities:
Cash paid in connection with acquisitions, net of cash acquired	(22,615)	(12,377)	(51,546)
Capital expenditures	(78,825)	(78,241)	(61,241)
Proceeds from disposal of property and equipment	1,304	986	265
Net cash used in investing activities	(100,136)	(89,632)	(112,522)
Cash flows provided by (used in) financing activities:
Repayment of loans, notes payable and long-term obligations	(2,561,594)	(1,374,017)	(1,392,681)
Proceeds from loans, notes payable and long-term obligations	2,198,600	1,349,197	1,720,253
Cash held in escrow in connection with acquisitions	(3,832)	0	0
Excess tax benefit from stock options	298	582	1,511
Exercise of stock options	30	1,080	0
Issuance of common stock	397,159	0	750
Dividend distribution	0	0	(338,015)
Debt issuance costs	(11,720)	(372)	(10,191)
Net cash provided by (used in) financing activities	18,941	(23,530)	(18,373)
Effect of exchange rate changes on cash and cash equivalents	(3,312)	(1,656)	(177)
Net (decrease) increase in cash and cash equivalents	(4,295)	21,569	4,746
Cash and cash equivalents at beginning of period	47,214	25,645	20,899
Cash and cash equivalents at end of period	42,919	47,214	25,645
Cash paid during the period
Interest	143,458	145,632	121,064
Income taxes, net of (refunds)	$ 40,134	$ 14,455	$ 22,561

Consolidated Statements of Cas7

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Cash Flows [Abstract]
Capital lease obligations	$ 223	$ 1,474	$ 446

Organization, Description of Bu

Organization, Description of Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Description of Business and Basis of Presentation	Note 1 — Organization, Description of Business and Basis of Presentation Party City Holdco Inc. (the “Company” or “Party City Holdco”) is a vertically integrated supplier of decorated party goods. The Company 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 over 900 specialty retail party supply stores (including approximately 200 franchise 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 franchises both individual stores and franchise areas throughout the United States, Mexico 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.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 — Summary of Significant Accounting Policies Consolidated Financial Statements The consolidated financial statements of the Company include the accounts of all majority-owned subsidiaries and controlled entities. All intercompany balances and transactions have been eliminated. The Company’s 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 their 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 consolidated financial statements of the Company combine the Fiscal Year and Fiscal Quarters of the Company’s retail operations with the calendar year and calendar quarters of the Company’s wholesale operations, as the differences are not significant. The Company’s consolidated financial statements for the year ended December 31, 2014 include the results of its retail operations for the 53-week Fiscal Year ended January 3, 2015. Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Management periodically evaluates estimates used in the preparation of the consolidated financial statements for continued reasonableness. Appropriate adjustments, if any, to the estimates used are made prospectively based on such periodic evaluations. Cash Equivalents Highly liquid investments with a maturity of three months or less when purchased are considered to be cash equivalents. All credit card transactions that process in less than seven days are classified as cash and cash equivalents. Inventories Inventories are valued at the lower of cost or market. The Company principally determines the cost of inventory using the weighted average method. The Company estimates retail inventory shortage for the period 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. Allowance for Doubtful Accounts The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of the Company’s customers to make required payments. A considerable amount of judgment is required in assessing the ultimate realization of these receivables, including consideration of the Company’s history of receivable write-offs, the level of past due accounts and the economic status of the Company’s customers. In an effort to identify adverse trends relative to customer economic status, the Company assesses the financial health of the markets it operates in and performs periodic credit evaluations of its customers and ongoing reviews of account balances and aging of receivables. Amounts are considered past due when payment has not been received within the time frame of the credit terms extended. Write-offs are charged directly against the allowance for doubtful accounts and occur only after all collection efforts have been exhausted. At December 31, 2015 and December 31, 2014, the allowance for doubtful accounts was $2,343 and $2,889, respectively. Long-Lived and Intangible Assets (including Goodwill) Property, plant and equipment are stated at cost. Equipment under capital leases are stated at the present value of the minimum lease payments at the inception of the lease. Depreciation is calculated principally on the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term or the estimated useful life of the asset. The Company reviews the recoverability of its finite long-lived assets, including finite-lived intangible assets, whenever facts and circumstances indicate that the carrying amount may not be fully recoverable. For purposes of recognizing and measuring impairment, the Company evaluates long-lived assets other than goodwill based upon the lowest level of independent cash flows ascertainable to evaluate impairment. If the sum of the undiscounted future cash flows expected over the remaining asset life is less than the carrying value of the assets, the Company may recognize an impairment loss. The impairment related to long-lived assets is measured as the amount by which the carrying amount of the asset exceeds the fair value of the asset. In the evaluation of the fair value and future benefits of finite long-lived assets attached to retail stores, the Company performs its cash flow analysis on a store-by-store basis. Various factors including future sales growth and profit margins are included in this analysis. Goodwill represents the excess of the purchase price of acquired companies over the estimated fair value of the net assets acquired. Goodwill and other intangibles with indefinite lives are not amortized, but are reviewed for impairment annually or more frequently if certain indicators arise. The Company evaluates the goodwill associated with its acquisitions, and other intangibles with indefinite lives, for impairment as of the first day of its fourth quarter based on current and projected performance. For purposes of testing goodwill for impairment, reporting units are determined by identifying individual components within the Company’s organization which constitute a business for which discrete financial information is available and is reviewed by management. Components within a segment are aggregated to the extent that they have similar economic characteristics. Based on this evaluation, the Company has determined that its operating segments, wholesale and retail, represent reporting units for the purposes of its goodwill impairment test. If it is concluded that it is more likely than not that the Company’s goodwill is impaired, the Company estimates the fair value of each reporting unit using a combination of a market approach and an income approach. If the carrying amount of a reporting unit exceeds its fair value, the excess, if any, of the fair value of the reporting unit over amounts allocable to the unit’s other assets and liabilities is the implied fair value of goodwill. If the carrying amount of a reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss will be recognized in an amount equal to that excess. The fair value of a reporting unit refers to the amount at which the unit as a whole could be sold in a current transaction between willing parties. Deferred Financing Costs During the fourth quarter of 2015, the Company adopted Accounting Standards Update (“ASU”) 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. See “Recently Issued Accounting Pronouncements” below for further discussion. Accordingly, deferred financing costs are netted against amounts outstanding under the debt instruments. They are amortized to interest expense over the lives of the instruments using the effective interest method. Deferred Rent and Rental Expenses The Company leases its retail stores under operating leases that generally have initial terms of ten years, with two five year renewal options. The Company’s leases may have early cancellation clauses, which permit the lease to be terminated if certain sales levels are not met in specific periods, and may provide for the payment of contingent rent based on a percentage of the store’s net sales. The Company’s lease agreements generally have defined escalating rent provisions, which are reported as a deferred rent liability and expensed on a straight-line basis over the term of the related lease, commencing with the date of possession. In addition, the Company may receive cash allowances from its landlords on certain properties, which are reported as deferred rent and amortized to rent expense over the term of the lease, also commencing with the date of possession. Retail’s deferred rent liability at December 31, 2015 and 2014 was $49,826 and $37,355, respectively. Investments The Company maintains a 49.9% interest in Convergram Mexico, a joint venture distributing metallic balloons, principally in Mexico and Latin America. The Company accounts for its investment in the joint venture using the equity method. The Company’s investment in the joint venture is included in other assets on the consolidated balance sheet and the results of the joint venture’s operations are included in other expense (income) on the consolidated statement of income and comprehensive income (loss) (see Note 10). Insurance Accruals The Company maintains certain self-insured workers’ compensation and general liability insurance plans. The Company estimates the required liability for claims under such plans based upon various assumptions, which include, but are not limited to, historical loss experience, projected loss development factors, actual payroll and other data. The required liability is also subject to adjustment in the future based upon changes in claims experience, including changes in the number of incidents (frequency) and changes in the ultimate cost per incident (severity). Revenue Recognition The Company’s terms of sale to retailers and other distributors for substantially all of its sales is free-on-board (“F.O.B.”) shipping point and, accordingly, title and the risks and rewards of ownership are transferred to the customer, and revenue is recognized, when goods are shipped. The Company estimates reductions to revenues for volume-based rebate programs at the time sales are recognized. Wholesale sales returns are not significant as, generally, we only accept the return of goods that were shipped to retailers in error. Revenue from retail store operations is recognized at the point of sale. Retail e-commerce sales are recognized on a F.O.B destination basis. The Company estimates future retail sales returns and records a provision in the period that the related sales are recorded based on historical information. Retail sales are reported net of taxes collected. Franchise fee revenue is recognized upon the completion of the Company’s performance requirements and the opening of the franchise store. In addition to the initial franchise fee, the Company also recognizes royalty fees generally ranging from 4% to 6% of net sales and advertising fund fees ranging from 1% to 2.25% of net sales each based upon the franchised stores’ reported gross retail sales. Additionally, the terms of the Company’s franchise agreements also provide for payments to franchisees based on e-commerce sales originating from specified areas relating to the franchisees’ contractual territory. The amounts paid by the Company vary based on several factors, including the profitability of the Company’s e-commerce sales, and are expensed at the time of sale. Revenues, and the related profit, on sales from the Company’s wholesale operations to its retail operations are eliminated in consolidation. Cost of Sales Cost of sales at wholesale reflects the production costs (i.e., raw materials, labor and overhead) of manufactured goods and the direct cost of purchased goods, inventory shrinkage at both retail and wholesale, inventory adjustments, inbound freight to the Company’s manufacturing and distribution facilities, distribution costs and outbound freight to transfer goods to the Company’s wholesale customers. At retail, cost of sales reflects the direct cost of goods purchased from third parties and the production or purchase costs of goods acquired from the Company’s wholesale operations. Retail cost of sales also includes inventory shrinkage, inventory adjustments, inbound freight, occupancy costs related to store operations, such as rent and common area maintenance, utilities and depreciation on assets, and all logistics costs (i.e., procurement, handling and distribution costs) associated with the Company’s e-commerce business. Retail Operating Expenses Retail operating expenses include the costs and expenses associated with the operation of the Company’s retail stores, with the exception of occupancy costs included in cost of sales. Retail operating expenses principally consist of employee compensation and benefits, advertising, supplies expense and credit card and banking fees. Shipping and Handling Outbound shipping costs billed to customers are included in net sales. The costs of shipping and handling incurred by the Company are included in cost of sales. Restructuring and Store Closure Costs The Company records estimated store closure costs, estimated lease commitment costs (net of estimated sublease income) and other miscellaneous store closing costs when the liability is incurred. During the year ended December 31, 2015, the Company recorded a $1,180 contract termination charge in its consolidated statement of income and comprehensive income. Product Royalty Agreements The Company enters into product royalty agreements that allow the Company to use licensed designs on certain of its products. These contracts require the Company to pay royalties, generally based on the sales of such product, and may require guaranteed minimum royalties, a portion of which may be paid in advance. The Company matches royalty expense with revenue by recording royalties at the time of sale, at the greater of the contractual rate or an effective rate calculated based on the guaranteed minimum royalty and the Company’s estimate of sales during the contract period. If a portion of the guaranteed minimum royalty is determined to be unrecoverable, the unrecoverable portion is charged to expense at that time. Guaranteed minimum royalties paid in advance are recorded in the consolidated balance sheets in either prepaid expenses and other current assets or other assets, depending on the nature of the royalties. Catalogue Costs The Company expenses costs associated with the production of catalogues when incurred. Advertising Advertising costs are expensed as incurred. Retail advertising expenses for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 were $62,495, $64,816, and $68,134, respectively. Art and Development Costs Art and development costs are primarily internal costs that are not easily associated with specific designs, some of which may not reach commercial production. Accordingly, the Company expenses these costs as incurred. Derivative Financial Instruments Accounting Standards Codification (“ASC”) Topic 815, “Accounting for Derivative Instruments and Hedging Activities”, requires that all derivative financial instruments be recognized on the balance sheet at fair value and establishes criteria for both the designation and effectiveness of hedging activities. The Company uses derivatives in the management of interest rate and foreign currency exposure. ASC Topic 815 requires the Company to formally document the assets, liabilities or other transactions the Company designates as hedged items, the risk being hedged and the relationship between the hedged items and the hedging instruments. The Company must measure the effectiveness of the hedging relationship at the inception of the hedge and on an on-going basis. If derivative financial instruments qualify as fair value hedges, the gain or loss on the instrument and the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in net income during the period of the change in fair values. For derivative financial instruments that qualify as cash flow hedges ( i.e i.e Income Taxes Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities (and operating loss and tax credit carryforwards) applying enacted statutory tax rates in effect for the years in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance when, in the judgment of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Stock-Based Compensation Accounting for stock-based compensation requires measurement of compensation cost for all stock-based awards at fair value on the date of grant and recognition of compensation expense over the service period for awards expected to vest. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists of the Company’s foreign currency adjustments and the impact of interest rate swap and foreign exchange contracts that qualify as hedges (see Notes 18 and 19). Foreign Currency Transactions and Translation The functional currencies of the Company’s foreign operations are the local currencies in which they operate. Foreign currency exchange gains or losses resulting from receivables or payables in currencies other than the functional currencies generally are credited or charged to operations. The balance sheets of foreign subsidiaries are translated into U.S. dollars at the exchange rates in effect on the balance sheet date. The results of operations of foreign subsidiaries are translated into U.S. dollars at the average exchange rates effective for the periods presented. The differences from historical exchange rates are recorded as comprehensive income (loss) and are included as a component of accumulated other comprehensive loss. 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: Year Ended Year Ended Year Ended 2013 Net income attributable to Party City Holdco Inc.: $ 10,459 $ 56,123 $ 4,019 Weighted average shares — Basic: 111,917,168 93,996,355 93,725,721 Effect of dilutive stock options: 1,026,639 447,782 0 Weighted average shares — Diluted: 112,943,807 94,444,137 93,725,721 Net income per common share — Basic: $ 0.09 $ 0.60 $ 0.04 Net income per common share — Diluted: $ 0.09 $ 0.59 $ 0.04 All earnings per share amounts, and the 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 years ended December 31, 2015, December 31, 2014 and December 31, 2013, 1,991,965 stock options, 0 stock options and 2,853,200 stock options, respectively, were excluded from the calculations of Net income per common share — Diluted as they were anti-dilutive. Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, “Leases”. The ASU requires that companies recognize on their balance sheets assets and liabilities for the rights and obligations created by the companies’ leases. The update is effective for the Company during the first quarter of 2019. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements. See Notes 8 and 14 for a discussion of the Company’s existing leases. In January 2016, the FASB issued ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities”. The update impacts the accounting for equity investments and the recognition of changes in fair value of financial liabilities when the fair value option is elected. The pronouncement will be effective for the Company during the first quarter of 2018. 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 November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”. The update requires companies to present all deferred tax assets and liabilities as noncurrent. As permitted by the pronouncement, during the fourth quarter of 2015, the Company adopted early the update on a prospective basis. The Company did not adjust its December 31, 2014 consolidated balance sheet and, accordingly, prepaid expenses and other current assets as of such date include $28,060 of net deferred tax assets. In September 2015, the FASB issued ASU 2015-16, “Business Combinations — Simplifying the Accounting for Measurement-Period Adjustments”. The update requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The pronouncement will be effective for the Company during the first quarter of 2016. The Company does not believe that it will have a material impact on the Company’s consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory”. The update changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. The pronouncement will be effective for the Company during the first quarter of 2017. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. The pronouncement requires 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 permitted by the pronouncement, during the fourth quarter of 2015, the Company adopted early the update on a retrospective basis. Accordingly, loans and notes payable and long-term obligations, excluding current portion, in the Company’s December 31, 2015 consolidated balance sheet are net of deferred financing costs in the amounts of $3,839 and $18,144, respectively. Additionally, loans and notes payable and long-term obligations, excluding current portion, in the Company’s December 31, 2014 consolidated balance sheet are net of deferred financing costs in the amounts of $3,400 and $40,972, respectively. Previously, such amounts had been recorded in other assets, net. 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. The update is effective for the Company during the first quarter of 2018; however, early adoption is 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.

Inventories, Net

Inventories, Net	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventories, Net	Note 3 — Inventories, Net Inventories consisted of the following: December 31, 2015 2014 Finished goods $ 532,606 $ 550,975 Raw materials 21,278 22,093 Work in process 10,375 9,162 $ 564,259 $ 582,230

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Note 4 — Property, Plant and Equipment, Net Property, plant and equipment, net consisted of the following: December 31, 2015 2014 Useful lives Machinery and equipment $ 135,004 $ 116,613 3-15 years Buildings 67,727 66,797 40 years Data processing 41,674 31,893 3-5 years Leasehold improvements 91,067 65,882 1-10 years Furniture and fixtures 141,089 117,602 5-10 years Land 9,294 9,449 485,855 408,236 Less: accumulated depreciation (213,435 ) (159,552 ) $ 272,420 $ 248,684 Depreciation and amortization expense related to property, plant and equipment, including assets under capital leases, was $61,630, $60,695, and $67,627, for the years ended December 31, 2015, December 31, 2014, and December 31, 2013, respectively.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisitions	Note 5 — Acquisitions During March 2015, the Company acquired all of the stock of Travis Designs Limited (“Travis”), a United Kingdom-based entity with costume design and sourcing capabilities, for total consideration of $10,298, net of cash acquired. The following summarizes the fair values of the major classes of assets acquired and liabilities assumed: accounts receivable of $594, inventories of $1,082, prepaid expenses and other current assets of $497, property, plant and equipment of $38, customer lists and relationships intangible assets of $1,285, a trade name intangible asset of $259, accrued expenses of $255, income taxes payable of $383 and deferred income tax liabilities in the amount of $308. $7,489 has been recorded as goodwill. The allocation of the purchase price is based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed. Goodwill, which is not tax-deductible, arose from the acquisition due to the synergies that will be generated: 1) by selling Travis’ costumes in the Company’s approximately 700 Party City stores and approximately 300 Halloween City stores, and 2) through Travis benefitting from the Company’s existing costumes sourcing relationships. The seller of Travis will receive contingent consideration based on the sales of the business through the end of 2016. The Company’s estimate of such payment as of the acquisition date, $3,832, is included in the total consideration above. Additionally, the amount is included in “cash held in escrow in connection with acquisitions” in the Company’s consolidated statement of cash flows. During August 2015, the Company acquired 75% of the operations of Accurate Custom Injection Molding Inc. (“ACIM”) for total consideration of $10,095. The following summarizes the fair values of the major classes of assets acquired and liabilities assumed: inventories of $952, property, plant and equipment of $10,172, accounts payable of $277 and goodwill of $548. The allocation of the purchase price is based on the Company’s estimate of the fair value of the assets acquired. Goodwill, which is tax-deductible, arose from the acquisition due to synergies which will principally be generated by selling the business’ injection molding products in the Company’s approximately 700 Party City stores. Based on the terms of the acquisition agreement, the Company will acquire the remaining 25% interest in ACIM over the next nine years and the Company has recorded a liability in its consolidated balance sheet for the estimated purchase price of such interest. Additionally, during 2015 the Company acquired the assets of six franchise stores for $5,981. Goodwill Changes by Reporting Segment For the years ended December 31, 2015 and December 31, 2014 goodwill changes, by reporting segment, were as follows: Year Ended 2015 Year Ended 2014 Wholesale segment: Beginning balance $ 492,096 $ 496,375 Travis acquisition 7,489 0 ACIM acquisition 548 0 Foreign currency impact (5,834 ) (4,279 ) Ending balance 494,299 492,096 Retail segment: Beginning balance 1,065,154 1,065,332 Store acquisitions 4,028 1,671 Foreign currency impact (966 ) (1,849 ) Ending balance 1,068,216 1,065,154 Total ending balance, both segments $ 1,562,515 $ 1,557,250

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 6 — Intangible Assets The Company had the following other identifiable intangible assets: December 31, 2015 Cost Accumulated Net Useful lives Retail franchise licenses $ 67,000 $ 20,900 $ 46,100 19 years Customer lists and relationships 56,459 25,592 30,867 20 years Copyrights and designs 29,030 20,352 8,678 5-7 years Leasehold interests 16,045 13,174 2,871 1-11 years Design licenses 2,469 2,328 141 1-4 years Non-compete agreements 500 0 500 5 years Total $ 171,503 $ 82,346 $ 89,157 December 31, 2014 Cost Accumulated Net Useful lives Retail franchise licenses $ 67,000 $ 15,400 $ 51,600 19 years Customer lists and relationships 55,770 19,392 36,378 20 years Copyrights and designs 29,000 15,342 13,658 5-7 years Leasehold interests 16,005 11,020 4,985 1-11 years Design licenses 2,469 2,080 389 1-4 years Total $ 170,244 $ 63,234 $ 107,010 The Company is amortizing the majority of its intangible assets utilizing accelerated patterns based on the discounted cash flows that were used to value such assets. The amortization expense for finite-lived intangible assets for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 was $18,885, $22,195, and $26,997, respectively. Estimated amortization expense for each of the next five years will be approximately $16,262, $13,031, $9,657, $8,489, and $7,389, respectively. In addition to the Company’s finite-lived intangible assets, the Company has recorded an indefinite-lived asset for the Party City trade name, in the amount of $519,000, an indefinite-lived asset for the Amscan trade name, in the amount of $26,000, and an indefinite-lived asset for the Halloween City trade name, in the amount of $10,500.

Loans and Notes Payable

Loans and Notes Payable	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Loans and Notes Payable	Note 7 — Loans and Notes Payable During the three months ended September 30, 2015, PCHI redeemed its $700,000 of 8.875% senior notes (“Old Senior Notes”) and refinanced its existing $1,125,000 senior secured term loan facility (“Old Term Loan Credit Agreement”) and $400,000 asset-based revolving credit facility (“Old ABL Facility”) with new indebtedness consisting of: (i) a $1,340,000 senior secured term loan facility (“Term Loan Credit Agreement”), (ii) a $540,000 asset-based revolving credit facility (with a seasonal increase to $640,000 during a certain period of each calendar year) (“ABL Facility”) and (iii) $350,000 of 6.125% senior notes (“Senior Notes”). As both the Old Term Loan Credit Agreement and the Term Loan Credit Agreement are loan syndications, the Company assessed whether the refinancing of the term loans should be accounted for as an extinguishment on a creditor-by-creditor basis and wrote-off $2,036 of existing deferred financing costs, as well as a $786 related original issue discount and $853 of the existing unamortized call premium, all of which were recorded in other expense in the Company’s consolidated statement of income and comprehensive loss. The remaining deferred financing costs of $9,308 and the remaining original discount of $3,592 are being amortized over the life of the Term Loan Credit Agreement, using the effective interest method. The remainder of the call premium, $3,900, will also continue to be amortized over the life of the Term Loan Credit Agreement. Finally, in conjunction with the refinancing, the Company incurred banker and legal fees, $9,758 of which was recorded in other expense. The rest of the costs are being amortized over the life of the Term Loan Credit Agreement. The write-offs of the deferred financing costs, original issuance discount and call premium were included in amortization of deferred financing costs and original issuance discount in the Company’s consolidated statement of cash flows. Additionally, the Company compared the borrowing capacity under the Old ABL Facility and the ABL Facility, on a creditor-by-creditor basis, and concluded that $321 of existing deferred financing costs should be written-off. Such amount was recorded in other expense in the Company’s consolidated statement of income and comprehensive loss and included in amortization of deferred financing costs and original issuance discount in the Company’s consolidated statement of cash flows. The remaining costs are being amortized over the term of the ABL Facility. The redemption price for the Old Senior Notes was 6.656 % of the principal amount, aggregating $46,592. The Company recorded such amount in other expense in the Company’s consolidated statement of income and comprehensive loss. Additionally, the Company wrote-off $18,664 of deferred financing costs related to the Old Senior Notes. Such amount was also recorded in other expense in the Company’s consolidated statement of income and comprehensive loss and included in amortization of deferred financing costs and original issuance discount in the Company’s consolidated statement of cash flows. Below is a discussion of the ABL Facility and other credit agreements. See Note 8 for a discussion of the Company’s long-term obligations. ABL Facility The ABL Facility, which matures on August 19, 2020, provides for (a) revolving loans in an aggregate principal amount at any time outstanding not to exceed $540,000 (with a seasonal increase to $640,000 during a certain period of each calendar year), subject to a borrowing base described below, and (b) letters of credit, in an aggregate face amount at any time outstanding not to exceed $50,000. Under the ABL Facility, the borrowing base at any time equals (a) a percentage of eligible trade receivables, plus (b) a percentage of eligible inventory, plus (c) a percentage of eligible credit card receivables, less (d) certain reserves. The ABL Facility generally provides for two pricing options: (i) an alternate base interest rate (“ABR”) equal to the greater of (a) the prime rate, (b) the federal funds rate plus 0.5% or (c) the LIBOR rate plus 1%, in each case, on the date of such borrowing or (ii) a LIBOR based interest rate, in each case plus an applicable margin. The applicable margin ranges from 0.25% to 0.50% with respect to ABR borrowings and from 1.25% to 1.50% with respect to LIBOR borrowings. In addition to paying interest on outstanding principal, the Company is required to pay a commitment fee of 0.25% per annum in respect of unutilized commitments. The Company must also pay customary letter of credit fees. All obligations under the ABL Facility are jointly and severally guaranteed by PC Intermediate, PCHI and each existing and future domestic subsidiary of PCHI. PCHI and each guarantor has secured its obligations, subject to certain exceptions and limitations, including obligations under its guaranty, as applicable, by a first-priority lien on its accounts receivable, inventory, cash and certain related assets and a second-priority lien on substantially all of its other assets. The facility contains negative covenants that, among other things and subject to certain exceptions, restrict the ability of PCHI to: • incur additional indebtedness; • pay dividends on capital stock or redeem, repurchase or retire capital stock; • make certain investments, loans, advances and acquisitions; • engage in transactions with affiliates; • create liens; and • transfer or sell certain assets. In addition, PCHI must comply with a fixed charge coverage ratio if excess availability under the ABL Facility on any day is less than the greater of: (a) 10% of the lesser of the aggregate commitments and the then borrowing base under the ABL Facility and (b) $40,000. The fixed charge coverage ratio is the ratio of (i) Adjusted EBITDA (as defined in the facility) minus maintenance-related capital expenditures (as defined in the facility) to (ii) fixed charges (as defined in the facility). The ABL Facility also contains certain customary affirmative covenants and events of default. In connection with entering into the ABL Facility, the Company incurred and capitalized third-party costs. Additionally, certain existing deferred financing costs will continue to be capitalized (see above for further discussion). All capitalized costs are being amortized over the life of the new debt and are included in loans and notes payable in the Company’s consolidated balance sheet (see Note 2 for further discussion). Borrowings under the ABL Facility totaled $129,975 at December 31, 2015. The weighted average interest rate for such borrowings was 3.70% at December 31, 2015. Outstanding standby letters of credit totaled $24,769 at December 31, 2015 and, after considering borrowing base restrictions, at December 31, 2015 PCHI had $349,099 of available borrowing capacity under the terms of the facility. Other Credit Agreements The Company’s subsidiaries have also entered into several foreign asset-based and overdraft credit facilities that provide the Company with additional borrowing capacity. At December 31, 2015 and December 31, 2014, there were $0 and $1,361 borrowings outstanding under the foreign facilities, respectively. The facilities contain customary affirmative and negative covenants.

Long-Term Obligations

Long-Term Obligations	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Long-Term Obligations	Note 8 — Long-Term Obligations Long-term obligations consisted of the following: December 31, 2015 2014 Old Term Loan Credit Agreement $ 0 $ 1,076,050 Term Loan Credit Agreement (a) 1,314,538 0 Capital lease obligations 2,414 3,274 Old Senior Notes 0 678,804 Senior Notes (b) 343,721 0 $350,000 PIK Notes (“Nextco Notes”) (c) 0 340,732 Total long-term obligations 1,660,673 2,098,860 Less: current portion (14,552 ) (12,249 ) Long-term obligations, excluding current portion $ 1,646,121 $ 2,086,611 Term Loan Credit Agreement (a) Loans outstanding under the Term Loan Credit Agreement were issued with a 0.25% original issuance discount. Such amount, $3,350, has been netted against the amount of the debt on the Company’s consolidated balance sheet and is being amortized over the life of the debt, using the effective interest method. Additionally, a portion of the existing original issuance discount has been netted against the new debt and is being amortized consistent with the new discount (see Note 7 for further discussion). The Term Loan Credit Agreement provides for two pricing options for outstanding loans: (i) an ABR for any day, a rate per annum equal to the greater of (a) the prime rate in effect on such day, (b) the federal funds effective rate in effect on such day plus 0.5%, (c) the adjusted LIBOR rate plus 1% and (d) 2.00% or (ii) the LIBOR rate, with a LIBOR floor of 1.00%, in each case plus an applicable margin. The applicable margin is 2.25% with respect to ABR borrowings and 3.25% with respect to LIBOR borrowings. At December 31, 2015, all outstanding borrowings were based on LIBOR and were at a rate of 4.25%. The Company may voluntarily prepay the term loans at any time without premium or penalty, other than customary breakage costs with respect to loans based on the LIBOR rate. Prior to such date, voluntary prepayments are subject to a 1% premium. The term loans are subject to mandatory prepayment, subject to certain exceptions, with (i) 100% of net proceeds above a threshold amount of certain asset sales/insurance proceeds, subject to reinvestment rights and certain other exceptions, (ii) 100% of the net cash proceeds of any incurrence of debt other than debt permitted under the Term Loan Credit Agreement, (iii) 50% of Excess Cash Flow, as defined in the agreement, if any (starting with the payment to be made in 2017, the percentage will be reduced to 25% if PCHI’s first lien leverage ratio (as defined in the agreement) is less than 3.50 to 1.00, but greater than 2.50 to 1.00, and 0% if PCHI’s first lien leverage ratio is less than 2.50 to 1.00). The term loans under the Term Loan Credit Agreement mature on August 19, 2022. The Company is required to repay installments on the loans in quarterly principal amounts of 0.25%, with the remaining amount payable on the maturity date. All obligations under the agreement are jointly and severally guaranteed by PC Intermediate, PCHI and each existing and future domestic subsidiary of PCHI. PCHI and each guarantor has secured its obligations, subject to certain exceptions and limitations, by a first-priority lien on substantially all of its assets (other than accounts receivable, inventory, cash and certain related assets), including a pledge of all of the capital stock held by PC Intermediate, PCHI and each guarantor, and a second-priority lien on its accounts receivable, inventory, cash and certain related assets. The Term Loan Credit Agreement contains certain customary affirmative covenants and events of default. Additionally, it contains negative covenants which, among other things and subject to certain exceptions, restrict the ability of PCHI to: • incur additional indebtedness; • pay dividends on capital stock or redeem, repurchase or retire capital stock; • make certain investments, loans, advances and acquisitions; • engage in transactions with affiliates; • create liens; and • transfer or sell certain assets. In connection with entering into the Term Loan Credit Agreement, the Company incurred and capitalized third-party costs. Additionally, certain existing deferred financing costs will continue to be capitalized (see Note 7 for further discussion). All capitalized costs are being amortized over the life of the new debt and are included in long-term obligations, excluding current portion, in the Company’s consolidated balance sheet (see Note 2 for further discussion). At December 31, 2015, the outstanding principal amount of term loans under the Term Loan Credit Agreement was $1,314,538, which is net of an original issue discount, a call premium and deferred financing costs aggregating to $22,112 at December 31, 2015. Senior Notes (b) The Senior Notes mature on August 15, 2023. Interest on the notes is payable semi-annually in arrears on February 15 and August 15 of each year. The notes are guaranteed, jointly and severally, on a senior basis by each of PCHI’s existing and future wholly-owned domestic subsidiaries. The Senior Notes and the guarantees are general unsecured senior obligations and are effectively subordinated to all other secured debt to the extent of the assets securing such secured debt. The indenture governing the Senior Notes contains certain covenants limiting, among other things and subject to certain exceptions, PCHI’s ability to: • incur additional indebtedness or issue certain disqualified stock and preferred stock; • pay dividends or distributions, redeem or repurchase equity; • prepay subordinated debt or make certain investments; • engage in transactions with affiliates; • consolidate, merge or transfer all or substantially all of PCHI’s assets; • create liens; and • transfer or sell certain assets. The indenture governing the notes also contains certain customary affirmative covenants and events of default. On or after August 15, 2018, the Company may redeem the Senior Notes, in whole or in part, at the following (expressed as a percentage of the principal amount to be redeemed): Twelve-month period beginning on August 15, Percentage 2018 103.063 % 2019 101.531 % 2020 and thereafter 100.000 % In addition, the Company may redeem up to 40% of the aggregate principal amount outstanding on or before August 15, 2018 with the net cash proceeds from certain equity offerings at a redemption price of 106.125% of the principal amount. The Company may also redeem some or all of the Senior Notes before August 15, 2018 at a redemption price of 100% of the principal amount plus a premium that is defined in the indenture. Also, if the Company experiences certain types of change in control, as defined, the Company may be required to offer to repurchase the Senior Notes at 101% of their principal amount. In connection with issuing the Senior Notes, the Company incurred and capitalized third-party costs. Capitalized costs are being amortized over the life of the new debt and are included in long-term obligations, excluding current portion, in the Company’s consolidated balance sheet (see Note 2 for further discussion). At December 31, 2015, $6,279 of costs were capitalized. Nextco Notes (c) On April 21, 2015, the Company consummated an initial public offering of its common stock. The net proceeds of 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 the Nextco Notes, including a 2% prepayment penalty of $7,000 and the payment of all accrued interest as of the redemption date of $6,720. The Company recorded the $7,000 prepayment penalty in other expense, net in the Company’s consolidated statement of income and comprehensive loss for the year ended December 31, 2015. Additionally, in conjunction with the redemption, the Company wrote off $8,596 of capitalized debt issuance costs and original issuance discounts related to the Nextco Notes. Such charge was also recorded in other expense, net in the Company’s consolidated statement of income and comprehensive loss for the year ended December 31, 2015 and it was recorded in amortization of deferred financing costs and original issuance discounts in the Company’s consolidated statement of cash flows. Subject to certain exceptions, PCHI may not make certain payments, including the payment of dividends to its shareholders (“restricted payments”), unless certain conditions are met under the terms of the indenture governing the Senior Notes, the ABL Facility and the Term Loan Credit Agreement. As of December 31, 2015, the most restrictive of these conditions existed in the indenture for the Senior Notes and in the Term Loan Credit Agreement, which both limit restricted payments based on PCHI’s consolidated net income and leverage ratios. As of December 31, 2015, PCHI had $225,418 of capacity under the two debt instruments to make restricted payments. PCHI’s parent companies, PC Intermediate, PC Nextco and Party City Holdco, have no assets or operations other than their investments in their subsidiaries and income from those subsidiaries. At December 31, 2015, maturities of long-term obligations consisted of the following: Long-Term Debt Capital Lease Totals 2016 $ 13,400 $ 1,152 $ 14,552 2017 13,400 807 14,207 2018 13,400 269 13,669 2019 13,400 174 13,574 2020 13,400 12 13,412 Thereafter 1,591,259 0 1,591,259 Long-term obligations $ 1,658,259 $ 2,414 $ 1,660,673

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Capital Stock	Note 9 — Capital Stock At December 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. Additionally, on April 21, 2015, the Company consummated an initial public offering of its common stock and sold 25,156,250 shares. The net proceeds of the offering, $397,159 after underwriter fees and other expenses directly related to the offering, were used to, among other things, fully redeem the Nextco Notes (see Note 8) and pay a management agreement termination fee to affiliates of THL and Advent. 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 $30,697. Such amount was recorded in other expense, net in the Company’s consolidated statement of income and comprehensive loss for the year ended December 31, 2015. Under the terms of Party City Holdco’s prior 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 $35,062 at December 31, 2014 and was classified as redeemable common securities on the Company’s consolidated balance sheet. 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 and restated. In conjunction with such amendment and restatement, employee stockholders no longer have the ability to require Party City Holdco to purchase their shares in the event of death or disability and, therefore, all amounts included in redeemable common securities were reclassified to common stock and additional paid-in capital. A summary of the changes in redeemable common securities during the years ended December 31, 2015, 2014 and 2013 follows: Number of Common Total Balance as of December 31, 2012 2,487,016 $ 22,205 Shares issued 422,800 3,775 Revaluation of shares 0 (2,425 ) Balance as of December 31, 2013 2,909,816 $ 23,555 Shares issued 262,037 1,794 Revaluation of shares 0 10,387 Shares reclassified to additional paid-in capital due to employee terminations (83,222 ) (674 ) Balance as of December 31, 2014 3,088,631 $ 35,062 Revaluation of shares 0 5,893 Impact of stockholders’ agreement amendment (3,088,631 ) (40,955 ) Balance as of December 31, 2015 0 $ 0 On August 1, 2013, PC Nextco issued the Nextco Notes (see Note 8). The proceeds, net of expenses, were used to pay a dividend to the shareholders of Party City Holdco in the amount of $3.60/share.

Other Expense, Net

Other Expense, Net	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Other Expense, Net	Note 10 — Other Expense, net Year Ended Year Ended Year Ended Other expense, net consists of the following: Undistributed loss in unconsolidated joint venture $ 562 $ 1,556 $ 172 Foreign currency loss 3,691 1,447 1,581 Debt refinancings (a) 94,607 4,396 12,295 Management agreement termination fee (b) 30,697 0 0 Corporate development expenses 1,786 700 2,960 Business interruption proceeds 0 (4,514 ) 0 Other, net (353 ) 2,306 1,470 Other expense, net $ 130,990 $ 5,891 $ 18,478 (a) In August 2015, the Company refinanced its debt. See Note 7 for further discussion. Additionally, during April 2015, the Company consummated an initial public offering of its common stock and the net proceeds of the offering were used to, among other things, fully redeem the Nextco Notes. See Note 8 for further discussion. (b) In conjunction with the initial public offering, the Company paid a management agreement termination fee to affiliates of THL and Advent. See Note 9 for further discussion.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2015
Postemployment Benefits [Abstract]
Employee Benefit Plans	Note 11 — Employee Benefit Plans Certain subsidiaries of the Company maintain defined contribution plans for eligible employees. The plans require the subsidiaries to match from approximately 11% to 100% of voluntary employee contributions to the plans, not to exceed a maximum amount of the employee’s annual salary, ranging from 5% to 6%. Expense for the plans for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 totaled $5,196, $6,179, and $4,899, respectively.

Equity Incentive Plans

Equity Incentive Plans	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity Incentive Plans	Note 12 — Equity Incentive Plans Party City Holdco has adopted the Amended and Restated 2012 Omnibus Equity Incentive Plan (the “2012 Plan”) under which it can grant incentive awards in the form of stock appreciation rights, restricted stock and common stock options to certain directors, officers, employees and consultants of Party City Holdco and its affiliates. A committee of Party City Holdco’s Board of Directors, or the Board itself in the absence of a committee, is authorized to make grants and various other decisions under the 2012 Plan. The maximum number of shares reserved under the 2012 Plan is 15,316,000 shares. Time-based options Party City Holdco grants time-based options to key eligible employees and outside directors. In conjunction with the options, the Company recorded compensation expense of $3,042, $1,583, and $2,137 during the years ended December 31, 2015, December 31, 2014, and December 31, 2013, respectively. The fair value of time-based options granted during the year ended December 31, 2015 was estimated on the grant date using a Black-Scholes option valuation model based on the assumptions in the following table: Expected dividend rate 0% Risk-free interest rate 1.57% to 1.93% Volatility 30.00% Expected option term 5.5 years – 6.5 years The fair value of time-based options granted during the year ended December 31, 2013 was estimated on the grant date using a Black-Scholes option valuation model based on the assumptions in the following table: Expected dividend rate 0% Risk-free interest rate 1.03% to 2.07% Volatility 35.00% Expected option term 6.2 years – 6.5 years No time-based options were granted during the year ended December 31, 2014. As Party City Holdco’s stock only recently started trading publicly, the Company determined volatility based on the average historical volatility of guideline companies. Additionally, as there is not sufficient historical exercise data to provide a reasonable basis for determining the expected term, the Company estimated the expected term using the “simplified” method. The Company based its estimated forfeiture rate of 13.4% on historical forfeitures for time-based options that were granted by PCHI between 2004 and 2012 as the number of options given to each of the various levels of management is principally consistent with historical grants and forfeitures are expected to be materially consistent with past experience. Most of the time-based options that were granted during 2013 vested 20% on July 27, 2013 and vest 20% each July 27 th Performance-based options During 2013, Party City Holdco granted performance-based stock options to key employees and independent directors. For performance-based options, vesting is contingent upon THL achieving specified investment returns when it sells its ownership stake in Party City Holdco. Since the sale of THL’s shares cannot be assessed as probable before it occurs, no compensation expense has been recorded for the performance-based options that have been granted. As of December 31, 2015, 4,015,200 performance-based options were outstanding. The following table summarizes the changes in outstanding stock options for the years ended December 31, 2013, December 31, 2014 and December 31, 2015. Options Average Average Fair Value of Grant Date Aggregate Weighted Average Remaining Outstanding at December 31, 2012 0 Granted 7,232,400 $ 5.33 $ 3.15 Exercised 0 Forfeited (100,800 ) $ 5.33 Outstanding at December 31, 2013 7,131,600 $ 5.33 $ 19,739 9.2 Granted 0 Exercised (202,720 ) $ 5.33 Forfeited (242,480 ) $ 5.33 Outstanding at December 31, 2014 6,686,400 $ 5.33 40,282 8.3 Granted 2,013,764 $ 17.97 $ 6.04 Exercised (5,600 ) $ 5.33 Forfeited (176,919 ) $ 7.36 Outstanding at December 31, 2015 8,517,645 $ 8.28 39,453 7.8 Exercisable at December 31, 2015 1,393,280 $ 5.33 10,560 7.3 Expected to vest at December 31, 2015 (excluding performance-based options) 3,109,165 $ 13.40 (1,537 ) 8.6 The intrinsic value of options exercised was $60, $561, and $0 for the years ended December 31, 2015, December 31, 2014, and December 31, 2013, respectively. The fair value of options vested was $1,726, $1,769, and $1,676, during the years ended December 31, 2015, December 31, 2014, and December 31, 2013, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 13 — Income Taxes A summary of domestic and foreign income (loss) before income taxes and including noncontrolling interest follows: Year Ended 2015 Year Ended 2014 Year Ended 2013 Domestic $ 7,180 $ 67,000 $ (5,479 ) Foreign 10,688 14,334 5,197 Total $ 17,868 $ 81,334 $ (282 ) The income tax expense (benefit) consisted of the following: Year Ended 2015 Year Ended 2014 Year Ended 2013 Current: Federal $ 8,137 $ 28,735 $ 15,259 State 2,652 5,954 2,285 Foreign 2,798 4,280 3,530 Total current expense 13,587 38,969 21,074 Deferred: Federal (6,710 ) (11,522 ) (19,519 ) State (1,086 ) (2,838 ) (5,675 ) Foreign 1,618 602 (405 ) Total deferred benefit (6,178 ) (13,758 ) (25,599 ) Income tax expense (benefit) $ 7,409 $ 25,211 $ (4,525 ) Deferred income taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred income tax assets and liabilities consisted of the following: December 31, 2015 2014 Deferred income tax assets: Inventory valuation $ 9,794 $ 10,746 Allowance for doubtful accounts 678 1,079 Accrued liabilities 10,891 8,835 Federal tax loss carryforwards 3,829 4,943 State tax loss carryforwards 1,161 1,517 Foreign tax loss carryforwards 14,778 13,586 Tax credit carryforwards 1,418 1,637 Deferred rent 10,955 5,407 Other 294 1,681 Deferred income tax assets before valuation allowances 53,798 49,431 Less: valuation allowances (15,817 ) (13,479 ) Deferred income tax assets, net $ 37,981 $ 35,952 Deferred income tax liabilities: Property, plant and equipment $ 21,810 $ 15,984 Intangible assets 218,636 218,623 Amortization of goodwill and other assets 61,786 68,026 Foreign earnings expected to be repatriated 7,178 8,844 Other 4,072 5,753 Deferred income tax liabilities $ 313,482 $ 317,230 In the Company’s consolidated balance sheet $1,166 is included in other assets, net and $276,667 is included in deferred income tax liabilities at December 31, 2015; while $28,060 is included in prepaid expenses and other current assets, and $309,338 is included in deferred income tax liabilities at December 31, 2014. Certain December 31, 2014 amounts in the table above were reclassified to conform to December 31, 2015 presentation. Management assesses the available positive and negative evidence to estimate if sufficient taxable income will be generated to realize existing deferred tax assets. On the basis of this evaluation, a valuation allowance was recorded to reduce the total deferred tax assets to an amount that will, more-likely-than-not, be realized in the future. The valuation allowance and the net change during the year, relates primarily to foreign net operating loss carryforwards. As of December 31, 2015, the Company had foreign tax-effected net operating loss carryforwards in Germany of $7,586, the United Kingdom (“U.K.”) of $5,097, and Australia of $1,635, all of which have an unlimited carryforward, as well as $460 from other foreign countries, which expire at different dates. In addition, the U.S. Federal net operating loss carryforwards begin to expire in 2019, the U.S. state net operating loss carryforwards, expire beginning in 2018, and the foreign tax credit carryforwards, expire beginning in 2020. When the Company acquired Christy’s By Design Limited, Christy’s Garments & Accessories Limited and Riethmuller GmbH in 2010 and 2011, respectively, it chose to treat the entities as if they were U.S. branches in order to achieve certain U.S. tax benefits then available. At the time of the acquisitions, these foreign entities had pre-acquisition foreign net operating loss carryforwards. These pre-acquisition losses can be carried forward indefinitely in both countries. However, any future foreign earnings that would utilize these losses will still be taxed in the U.S. at the U.S. income tax rate. The Company has established a full valuation allowance on the Riethmuller GmbH pre-acquisition loss carryforwards of $746, but expects the Christy’s By Design Limited, and Christy’s Garments & Accessories Limited pre-acquisition loss carryforwards at December 31, 2015 of $1,065 and $577, respectively, to be fully realizable. However, because their future earnings will not result in future taxes paid until the loss carryforwards are utilized, a deferred tax liability is recognized in an amount equal to the recognized pre-acquisition losses. Once the pre-acquisition loss carryforwards of the U.S. branches have been utilized, the future foreign earnings will be taxed in both the foreign jurisdiction and in the U.S., and the Company’s total income tax expense related to those earnings will depend on whether foreign taxes paid on those earnings can be used as foreign tax credits in the Company’s federal income tax return. The difference between the Company’s effective income tax rate and the U.S. statutory income tax rate is as follows: Year Ended 2015 Year Ended Year Ended Tax provision at U.S. statutory income tax rate 35.0 % 35.0 % 35.0 % State income tax, net of federal income tax 5.7 2.5 1,299.0 Domestic production activities deduction (5.1 ) (1.9 ) 460.3 Deferred tax adjustments 0.0 (0.2 ) 244.0 Contingent consideration adjustment (6.0 ) 0.0 0.0 Transaction costs 0.0 (6.9 ) (131.2 ) Work Opportunity Tax Credit (3.2 ) (0.4 ) (53.2 ) Valuation allowances 21.7 0.5 (588.7 ) Foreign earnings 9.1 4.9 (367.7 ) U.S. — foreign rate differential (13.7 ) (3.4 ) 483.4 Other (2.0 ) 0.9 223.7 Effective income tax rate 41.5 % 31.0 % 1,604.6 % Transaction costs: State income tax: Deferred tax adjustments: Foreign earnings Other differences between the effective income tax rate and the federal statutory income tax rate are composed primarily of favorable permanent differences related to inventory contributions, offset by non-deductible meals and entertainment expenses. At December 31, 2015, the cumulative undistributed earnings of any foreign subsidiaries whose earnings are considered permanently reinvested were approximately $19,672. No provision has been made for U.S. or additional foreign taxes on the undistributed earnings of these subsidiaries as such earnings have been reinvested indefinitely in the subsidiaries’ operations. It is not practical to calculate the potential deferred income tax impact that may arise from the distribution of these earnings, as there is a significant amount of uncertainty with respect to determining the amount of foreign tax credits, additional local withholding tax and other indirect tax consequences at the time of such event. The following table summarizes the activity related to the Company’s gross unrecognized tax benefits: Year Ended Year Ended Year Ended 2013 Balance as of beginning of period $ 798 $ 285 $ 529 Increases related to current period tax positions 130 763 0 Increases related to prior period tax positions 0 0 0 Decrease related to settlements (92 ) (193 ) 0 Decreases related to lapsing of statutes of limitations (71 ) (57 ) (244 ) Balance as of end of period $ 765 $ 798 $ 285 The Company’s total net unrecognized tax benefits that, if recognized, would impact the Company’s effective tax rate were $765 and $798 at December 31, 2015 and 2014, respectively. As of December 31, 2015, we do not believe that there are any positions for which it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase or decrease within the next 12 months. The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company has accrued $15 and $22 for the potential payment of interest and penalties at December 31, 2015 and 2014, respectively. For federal income tax purposes, the year ended December 31, 2014, is currently under IRS examination. In 2015, the IRS concluded an examination of the years ended December 31, 2012 and December 31, 2013, which resulted in a tax payment of $1,271. For U.S. state income tax purposes, tax years 2011-2015 generally remain open, whereas for non-U.S. income tax purposes tax years 2010-2015 generally remain open.

Commitments, Contingencies and

Commitments, Contingencies and Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Commitments, Contingencies and Related Party Transactions	Note 14 — Commitments, Contingencies and Related Party Transactions Lease Agreements The Company has non-cancelable operating leases for its numerous retail store sites, as well as for its corporate offices, certain distribution and manufacturing facilities, showrooms, and warehouse equipment that expire on various dates, principally through 2030. These leases generally contain renewal options and require the Company to pay real estate taxes, utilities and related insurance. At December 31, 2015, future minimum lease payments under all operating leases consisted of the following: Future Minimum 2016 $ 155,842 2017 139,602 2018 116,776 2019 92,205 2020 80,385 Thereafter 221,839 $ 806,649 The future minimum lease payments included in the above table also do not include contingent rent based upon sales volumes or other variable costs, such as maintenance, insurance and taxes. Rent expense for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 was $225,543, $216,572, and $200,544, respectively, and included immaterial amounts of rent expense related to contingent rent. Litigation On November 18, 2015, a putative class action complaint was filed in the U.S. District Court for the Southern District of New York, naming Party City Holdco Inc. and certain executives as defendants. The complaint alleges violations of Section 11 of the Securities Act of 1933 in connection with public filings related to the Company’s April 2015 initial public offering. The plaintiff seeks to represent a class of shareholders who purchased stock in the initial public offering or who can trace their shares to that offering. The complaint seeks unspecified damages and costs. The Company intends to vigorously defend itself against this action. The Company is unable, at this time, to determine whether the outcome of the litigation would have a material impact on its results of operations, financial condition or cash flows. Product Royalty Agreements The Company has entered into product royalty agreements, with various licensors of copyrighted and trademarked characters and designs, which are used on the Company’s products, which require royalty payments based on sales of the Company’s products, and, in some cases, include annual minimum royalties. At December 31, 2015, the Company’s commitment to pay future minimum product royalties was as follows: Future Minimum 2016 $ 24,863 2017 21,373 2018 7,841 2019 541 2020 300 Thereafter 0 $ 54,918 Product royalty expense for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 was $45,710, $42,679, and $30,968, respectively. Legal Proceedings The Company is a party to certain claims and litigation in the ordinary course of business. The Company does not believe that any of these proceedings will result, individually or in the aggregate, in a material adverse effect upon its financial condition or future results of operations. Related Party Transactions During 2012, Party City Holdco and PCHI entered into a management agreement with THL and Advent under which THL and Advent provided advice on, among other things, financing, operations, acquisitions and dispositions. Under the agreement, THL and Advent were paid, in aggregate, an annual management fee in the amount of the greater of $3,000 or 1.0% of Adjusted EBITDA, as defined in PCHI’s debt agreements. THL and Advent received annual management fees in the amounts of $692 and $238, respectively, during the year ended December 31, 2015, $2,498 and $858, respectively, during the year ended December 31, 2014, and $2,233 and $767, respectively, during the year ended December 31, 2013. Such amounts were recorded in general and administrative expenses in the Company’s consolidated statement of income and comprehensive income (loss). In the case of an initial public offering or a change in control, as defined in Party City Holdco’s stockholders’ agreement, at the time of such event the Company was required to pay THL and Advent the net present value of the remaining annual management fees that were payable over the agreement’s ten year term. Therefore, during April 2015, in conjunction with the Company’s initial public offering, the Company paid a management agreement termination fee of $30,697. See Note 9 for further discussion.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Segment Information	Note 15 — 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, Mexico, and Puerto Rico, principally under the name Party City. The Company’s industry segment data for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 are as follows: Wholesale Retail Consolidated Year Ended December 31, 2015 Revenues: Net sales $ 1,226,989 $ 1,621,524 $ 2,848,513 Royalties and franchise fees 0 19,411 19,411 Total revenues 1,226,989 1,640,935 2,867,924 Eliminations (573,391 ) 0 (573,391 ) Net revenues $ 653,598 $ 1,640,935 $ 2,294,533 Income from operations $ 85,728 $ 186,491 $ 272,219 Interest expense, net 123,361 Other expense, net 130,990 Income before income taxes $ 17,868 Depreciation and amortization $ 29,352 $ 51,163 $ 80,515 Capital expenditures $ 18,849 $ 59,976 $ 78,825 Total assets $ 864,698 $ 2,427,705 $ 3,292,403 Wholesale Retail Consolidated Year Ended December 31, 201 4 Revenues: Net sales $ 1,213,024 $ 1,605,228 $ 2,818,252 Royalties and franchise fees 0 19,668 19,668 Total revenues 1,213,024 1,624,896 2,837,920 Eliminations (566,663 ) 0 (566,663 ) Net revenues $ 646,361 $ 1,624,896 $ 2,271,257 Income from operations $ 74,177 $ 168,965 $ 243,142 Interest expense, net 155,917 Other expense, net 5,891 Income before income taxes $ 81,334 Depreciation and amortization $ 32,446 $ 50,444 $ 82,890 Capital expenditures $ 27,651 $ 50,590 $ 78,241 Total assets $ 1,095,803 $ 2,240,688 $ 3,336,491 Wholesale Retail Consolidated Year Ended December 31, 2013 Revenues: Net sales $ 1,080,740 $ 1,433,522 $ 2,514,262 Royalties and franchise fees 0 18,841 18,841 Total revenues 1,080,740 1,452,363 2,533,103 Eliminations (487,990 ) 0 (487,990 ) Net revenues $ 592,750 $ 1,452,363 $ 2,045,113 Income from operations $ 65,997 $ 95,605 $ 161,602 Interest expense, net 143,406 Other expense, net 18,478 Loss before income taxes $ (282 ) Depreciation and amortization $ 40,789 $ 53,835 $ 94,624 Capital expenditures $ 15,796 $ 45,445 $ 61,241 Geographic Segments Export sales of metallic balloons of $22,803, $22,023, and $20,140 during the years ended December 31, 2015, December 31, 2014, and December 31, 2013, respectively, are included in domestic sales to unaffiliated customers below. Intercompany sales between geographic areas primarily consist of sales of finished goods and are generally made at cost plus a share of operating profit. The Company’s geographic area data follows: Domestic Foreign Eliminations Consolidated Year Ended December 31, 2015 Revenues: Net sales to unaffiliated customers $ 1,937,793 $ 337,329 $ 0 $ 2,275,122 Net sales between geographic areas 47,752 74,974 (122,726 ) 0 Net sales 1,985,545 412,303 (122,726 ) 2,275,122 Royalties and franchise fees 19,411 0 0 19,411 Total revenues $ 2,004,956 $ 412,303 $ (122,726 ) $ 2,294,533 Income from operations $ 267,209 $ 5,010 $ 0 $ 272,219 Interest expense, net 123,361 Other expense, net 130,990 Income before income taxes $ 17,868 Depreciation and amortization $ 74,849 $ 5,666 $ 80,515 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 251,328 $ 30,776 $ 282,104 Total assets $ 3,093,949 $ 198,454 $ 0 $ 3,292,403 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2014 Revenues: Net sales to unaffiliated customers $ 1,930,270 $ 321,319 $ 0 $ 2,251,589 Net sales between geographic areas 44,903 75,462 (120,365 ) 0 Net sales 1,975,173 396,781 (120,365 ) 2,251,589 Royalties and franchise fees 19,668 0 0 19,668 Total revenues $ 1,994,841 $ 396,781 $ (120,365 ) $ 2,271,257 Income from operations $ 236,495 $ 6,647 $ 0 $ 243,142 Interest expense, net 155,917 Other expense, net 5,891 Income before income taxes $ 81,334 Depreciation and amortization $ 77,445 $ 5,445 $ 82,890 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 231,820 $ 23,729 $ 255,549 Total assets $ 3,352,865 $ 324,817 $ (341,191 ) $ 3,336,491 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2013 Revenues: Net sales to unaffiliated customers $ 1,756,375 $ 269,897 $ 0 $ 2,026,272 Net sales between geographic areas 34,146 54,996 (89,142 ) 0 Net sales 1,790,521 324,893 (89,142 ) 2,026,272 Royalties and franchise fees 18,841 0 0 18,841 Total revenues $ 1,809,362 $ 324,893 $ (89,142 ) $ 2,045,113 Income from operations $ 159,481 $ 2,121 $ 0 $ 161,602 Interest expense, net 143,406 Other expense, net 18,478 Loss before income taxes $ (282 ) Depreciation and amortization $ 89,839 $ 4,785 $ 94,624

Quarterly Results

Quarterly Results	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results	Note 16 — Quarterly Results (Unaudited) Despite a concentration of holidays in the fourth quarter of the year, as a result of the Company’s expansive product lines and customer base and increased promotional activities, the impact of seasonality on the quarterly results of the Company’s wholesale operations has been limited. However, due to Halloween and Christmas, the inventory balances of the Company’s wholesale operations are slightly higher during the third quarter than during the remainder of the year. Additionally, the promotional activities of the Company’s wholesale business, including special dating terms, particularly with respect to Halloween products sold to retailers and other distributors, result in slightly higher accounts receivable balances during the third quarter. The Company’s retail operations are subject to significant seasonal variations. Historically, the Company’s retail operations have realized a significant portion of their revenues, cash flow and net income in the fourth quarter of the year, principally due to Halloween sales in October and, to a lesser extent, year-end holiday sales. The following table sets forth our historical revenues, gross profit, income (loss) from operations, net income (loss), net income (loss) attributable to Party City Holdco Inc., net income (loss) per common share — Basic, and net income (loss) per common share—Diluted for each of the following periods: For the Three Months Ended, 2015: March 31, June 30, September 30, December 31, Revenues: Net sales $ 458,195 $ 491,206 $ 551,380 $ 774,341 Royalties and franchise fees 3,910 4,314 4,027 7,160 Gross profit 163,921 188,343 189,850 362,124 Income from operations 24,004 46,067 31,480 170,668 Net (loss) income (8,525 ) (23,050 )(a) (44,489 )(b) 86,523 Net (loss) income per common share — Basic $ (0.09 ) $ (0.20 )(a) $ (0.37 )(b) $ 0.73 Net (loss) income per common share — Diluted $ (0.09 ) $ (0.20 )(a) $ (0.37 )(b) $ 0.72 For the Three Months Ended, 2014: March 31, June 30, September 30, December 31, Revenues: Net sales $ 429,220 $ 487,182 $ 538,671 $ 796,516 Royalties and franchise fees 3,767 4,392 3,990 7,519 Gross profit 154,839 182,664 184,146 354,234 Income from operations 15,906 40,305 28,778 158,153 Net (loss) income (19,912 ) 2,456 (5,410 ) 78,989 Net (loss) income per common share — Basic $ (0.21 ) $ 0.03 $ (0.06 ) $ 0.84 Net (loss) income per common share — Diluted $ (0.21 ) $ 0.03 $ (0.06 ) $ 0.83 (a) During the three months ended June 30, 2015, the Company consummated an initial public offering of its common stock. The net proceeds of the offering were used to, among other things, fully redeem the Nextco Notes (see Note 8) and pay a management agreement termination fee to affiliates of THL and Advent (see Note 9). (b) During the three months ended September 30, 2015, the Company refinanced its debt. See Note 7 for further discussion.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 17 — Fair Value Measurements The provisions of 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 December 31, 2015 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 773 $ 0 $ 773 Derivative liabilities 0 391 0 391 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 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 December 31, 2015 because of the short-term maturities of the instruments and/or their variable rates of interest. The carrying amounts and fair values of borrowings under the Term Loan Credit Agreement and the Senior Notes as of December 31, 2015 are as follows: Carrying Amount Fair Value Term Loan Credit Agreement $ 1,314,538 $ 1,295,722 Senior Notes 343,721 340,375 The fair values of the Term Loan Credit Agreement 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 December 31, 2015 based on the discounted future cash flows of each instrument at rates currently offered for similar debt instruments of comparable maturity.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Note 18 — 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 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 years ended December 31, 2015, December 31, 2014 or December 31, 2013. 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 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 December 31, 2015 and 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 are 100% effective, there is no current impact on earnings due to hedge ineffectiveness. The Company anticipates that substantially all unrealized gains and losses in accumulated other comprehensive income (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 December 31, 2015 and December 31, 2014: Derivative Assets Derivative Liabilities Balance Fair Balance Fair Balance Fair Balance Fair Derivative Instrument December 31, 2015 December 31, 2014 December 31, 2015 December 31, 2014 Foreign Exchange Contracts (a ) PP $ 773 (a ) PP $ 0 (b ) AE $ 391 (b ) AE $ 476 (a) PP = Prepaid expenses and other current assets (b) AE = Accrued expenses The following table displays the notional amounts of the Company’s derivatives at December 31, 2015 and December 31, 2014: Derivative Instrument December 31, December 31, Foreign Exchange Contracts $ 23,028 $ 8,900

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Changes in Accumulated Other Comprehensive (Loss) Income	Note 19—Changes in Accumulated Other Comprehensive (Loss) Income The changes in accumulated other comprehensive (loss) income attributable to Party City Holdco Inc. consisted of the following: Year Ended December 31, 2015 Foreign Impact of Total, Net Balance at December 31, 2014 $ (12,969 ) $ 234 $ (12,735 ) Other comprehensive (loss) income before reclassifications, net of income tax (20,432 ) 675 (19,757 ) Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of income and comprehensive loss, net of income tax 0 (298 ) (298 ) Net current-period other comprehensive (loss) income (20,432 ) 377 (20,055 ) Balance at December 31, 2015 $ (33,401 ) $ 611 $ (32,790 ) Year Ended December 31, 2014 Foreign Impact of Total, Net Balance at December 31, 2013 $ 5,738 $ (330 ) $ 5,408 Other comprehensive (loss) income before reclassifications, net of income tax (18,707 ) 336 (18,371 ) Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax 0 228 228 Net current-period other comprehensive (loss) income (18,707 ) 564 (18,143 ) Balance at December 31, 2014 $ (12,969 ) $ 234 $ (12,735 ) Year Ended December 31, 2013 Foreign Impact of Total, Balance at December 31, 2012 $ 6,425 $ (225 ) $ 6,200 Other comprehensive loss before reclassifications, net of income tax (48 ) (306 ) (354 ) Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax 0 201 201 Net current-period other comprehensive loss (48 ) (105 ) (153 ) Acquisition of noncontrolling interest (639 ) 0 (639 ) Balance at December 31, 2013 $ 5,738 $ (330 ) $ 5,408

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 20—Subsequent Events During January 2016, the Company acquired 19 franchise stores located in Arizona and New Mexico for total consideration of approximately $27,500.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule I - Condensed Financial Information of Registrant	SCHEDULE I—CONDENSED FINANCIAL INFORMATION OF REGISTRANT PARTY CITY HOLDCO INC. (Parent company only) CONDENSED BALANCE SHEETS (Dollars in thousands) December 31, 2015 December 31, 2014 ASSETS Other assets (principally investment in and amounts due from wholly-owned subsidiaries) $ 913,017 $ 522,288 Total assets $ 913,017 $ 522,288 LIABILITIES, REDEEMABLE COMMON SECURITIES AND STOCKHOLDERS’ EQUITY Total liabilities $ 0 $ 0 Redeemable common securities (3,088,630 shares issued and outstanding at December 31, 2014) 0 35,062 Commitments and contingencies Stockholders’ equity: Common stock ($0.01 par value; 119,258,374 and 91,007,894 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively) 1,193 910 Additional paid-in capital 904,425 469,117 Retained earnings 40,189 29,934 Accumulated other comprehensive loss (32,790 ) (12,735 ) Total stockholders’ equity 913,017 487,226 Total liabilities, redeemable common securities and stockholders’ equity $ 913,017 $ 522,288 See accompanying notes to these condensed financial statements. PARTY CITY HOLDCO INC. (Parent company only) CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE (LOSS) INCOME (Dollars in thousands) Year Ended Year Ended Year Ended Income tax benefit $ 0 $ 5,918 $ 0 Equity in net income of subsidiaries 10,459 50,205 4,019 Net income $ 10,459 $ 56,123 $ 4,019 Other comprehensive loss (20,055 ) (18,143 ) (153 ) Comprehensive (loss) income $ (9,596 ) $ 37,980 $ 3,866 See accompanying notes to these condensed financial statements. PARTY CITY HOLDCO INC. (Parent company only) CONDENSED STATEMENTS OF CASH FLOWS (Dollars in thousands) Year Ended Year Ended Year Ended Cash flows (used in) provided by operating activities: Net income $ 10,459 $ 56,123 $ 4,019 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Equity in net income of subsidiaries (10,459 ) (50,205 ) (4,019 ) Dividends received 0 0 338,015 Change in due to/from affiliates and income taxes payable (397,189 ) (6,998 ) (750 ) Net cash (used in) provided by operating activities (397,189 ) (1,080 ) 337,265 Cash flows provided by (used in) financing activities: Dividend distribution 0 0 (338,015 ) Issuance of common stock 397,159 0 750 Exercise of stock options 30 1,080 0 Net cash provided by (used in) financing activities 397,189 1,080 (337,265 ) Net change in cash and cash equivalents 0 0 0 Cash and cash equivalents at beginning of period 0 0 0 Cash and cash equivalents at end of period $ 0 $ 0 $ 0

Basis of presentation and descr

Basis of presentation and description of registrant	12 Months Ended
	Dec. 31, 2015
Party City Holdco Inc. [Member]
Basis of presentation and description of registrant	Note 1 — Basis of presentation and description of registrant Party City Holdco Inc. (“Party City Holdco”) Schedule I Condensed Financial Information provides all parent company information that is required to be presented in accordance with the SEC rules and regulations for financial statement schedules. The consolidated financial statements of Party City Holdco are included elsewhere. The parent-company financial statements should be read in conjunction with the consolidated financial statements and the notes thereto. Party City Holdco conducts no separate operations and acts only as a holding company. Its share of the net income of its unconsolidated subsidiaries is included in its statements of income using the equity method. Since all material stock requirements, dividends and guarantees of the registrant have been disclosed in the consolidated financial statements, the information is not required to be repeated in this schedule.

Dividends from subsidiaries

Dividends from subsidiaries	12 Months Ended
	Dec. 31, 2015
Party City Holdco Inc. [Member]
Dividends from subsidiaries	Note 2 — Dividends from subsidiaries On August 1, 2013, PC Nextco Holdings, LLC issued $350,000 of 8.75% notes. The proceeds, net of expenses, were used to pay a dividend to Party City Holdco, which then paid a dividend to its shareholders. The total amount of the dividend was $338,015. No cash dividends were paid to Party City Holdco by its subsidiaries during the other periods included in these financial statements.

Schedule II- Valuation and Qual

Schedule II- Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule II- Valuation and Qualifying Accounts	SCHEDULE II PARTY CITY HOLDCO INC. VALUATION AND QUALIFYING ACCOUNTS The Years Ended December 31, 2015, December 31, 2014, and December 31, 2013 (Dollars in thousands) Beginning Write-Offs Additions Ending Allowance for Doubtful Accounts: For the year ended December 31, 2013 706 423 1,079 1,362 For the year ended December 31, 2014 1,362 256 1,783 2,889 For the year ended December 31, 2015 2,889 769 223 2,343 Sales Returns and Allowances: For the year ended December 31, 2013 371 81,692 81,647 326 For the year ended December 31, 2014 326 83,750 83,950 526 For the year ended December 31, 2015 526 78,219 78,348 655

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Consolidated Financial Statements	Consolidated Financial Statements The consolidated financial statements of the Company include the accounts of all majority-owned subsidiaries and controlled entities. All intercompany balances and transactions have been eliminated. The Company’s 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 their 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 consolidated financial statements of the Company combine the Fiscal Year and Fiscal Quarters of the Company’s retail operations with the calendar year and calendar quarters of the Company’s wholesale operations, as the differences are not significant. The Company’s consolidated financial statements for the year ended December 31, 2014 include the results of its retail operations for the 53-week Fiscal Year ended January 3, 2015.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Management periodically evaluates estimates used in the preparation of the consolidated financial statements for continued reasonableness. Appropriate adjustments, if any, to the estimates used are made prospectively based on such periodic evaluations.
Cash Equivalents	Cash Equivalents Highly liquid investments with a maturity of three months or less when purchased are considered to be cash equivalents. All credit card transactions that process in less than seven days are classified as cash and cash equivalents.
Inventories	Inventories Inventories are valued at the lower of cost or market. The Company principally determines the cost of inventory using the weighted average method. The Company estimates retail inventory shortage for the period 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.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of the Company’s customers to make required payments. A considerable amount of judgment is required in assessing the ultimate realization of these receivables, including consideration of the Company’s history of receivable write-offs, the level of past due accounts and the economic status of the Company’s customers. In an effort to identify adverse trends relative to customer economic status, the Company assesses the financial health of the markets it operates in and performs periodic credit evaluations of its customers and ongoing reviews of account balances and aging of receivables. Amounts are considered past due when payment has not been received within the time frame of the credit terms extended. Write-offs are charged directly against the allowance for doubtful accounts and occur only after all collection efforts have been exhausted. At December 31, 2015 and December 31, 2014, the allowance for doubtful accounts was $2,343 and $2,889, respectively.
Long-Lived and Intangible Assets (including Goodwill)	Long-Lived and Intangible Assets (including Goodwill) Property, plant and equipment are stated at cost. Equipment under capital leases are stated at the present value of the minimum lease payments at the inception of the lease. Depreciation is calculated principally on the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term or the estimated useful life of the asset. The Company reviews the recoverability of its finite long-lived assets, including finite-lived intangible assets, whenever facts and circumstances indicate that the carrying amount may not be fully recoverable. For purposes of recognizing and measuring impairment, the Company evaluates long-lived assets other than goodwill based upon the lowest level of independent cash flows ascertainable to evaluate impairment. If the sum of the undiscounted future cash flows expected over the remaining asset life is less than the carrying value of the assets, the Company may recognize an impairment loss. The impairment related to long-lived assets is measured as the amount by which the carrying amount of the asset exceeds the fair value of the asset. In the evaluation of the fair value and future benefits of finite long-lived assets attached to retail stores, the Company performs its cash flow analysis on a store-by-store basis. Various factors including future sales growth and profit margins are included in this analysis. Goodwill represents the excess of the purchase price of acquired companies over the estimated fair value of the net assets acquired. Goodwill and other intangibles with indefinite lives are not amortized, but are reviewed for impairment annually or more frequently if certain indicators arise. The Company evaluates the goodwill associated with its acquisitions, and other intangibles with indefinite lives, for impairment as of the first day of its fourth quarter based on current and projected performance. For purposes of testing goodwill for impairment, reporting units are determined by identifying individual components within the Company’s organization which constitute a business for which discrete financial information is available and is reviewed by management. Components within a segment are aggregated to the extent that they have similar economic characteristics. Based on this evaluation, the Company has determined that its operating segments, wholesale and retail, represent reporting units for the purposes of its goodwill impairment test. If it is concluded that it is more likely than not that the Company’s goodwill is impaired, the Company estimates the fair value of each reporting unit using a combination of a market approach and an income approach. If the carrying amount of a reporting unit exceeds its fair value, the excess, if any, of the fair value of the reporting unit over amounts allocable to the unit’s other assets and liabilities is the implied fair value of goodwill. If the carrying amount of a reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss will be recognized in an amount equal to that excess. The fair value of a reporting unit refers to the amount at which the unit as a whole could be sold in a current transaction between willing parties.
Deferred Financing Costs	Deferred Financing Costs During the fourth quarter of 2015, the Company adopted Accounting Standards Update (“ASU”) 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. See “Recently Issued Accounting Pronouncements” below for further discussion. Accordingly, deferred financing costs are netted against amounts outstanding under the debt instruments. They are amortized to interest expense over the lives of the instruments using the effective interest method.
Deferred Rent and Rental Expenses	Deferred Rent and Rental Expenses The Company leases its retail stores under operating leases that generally have initial terms of ten years, with two five year renewal options. The Company’s leases may have early cancellation clauses, which permit the lease to be terminated if certain sales levels are not met in specific periods, and may provide for the payment of contingent rent based on a percentage of the store’s net sales. The Company’s lease agreements generally have defined escalating rent provisions, which are reported as a deferred rent liability and expensed on a straight-line basis over the term of the related lease, commencing with the date of possession. In addition, the Company may receive cash allowances from its landlords on certain properties, which are reported as deferred rent and amortized to rent expense over the term of the lease, also commencing with the date of possession. Retail’s deferred rent liability at December 31, 2015 and 2014 was $49,826 and $37,355, respectively.
Investments	Investments The Company maintains a 49.9% interest in Convergram Mexico, a joint venture distributing metallic balloons, principally in Mexico and Latin America. The Company accounts for its investment in the joint venture using the equity method. The Company’s investment in the joint venture is included in other assets on the consolidated balance sheet and the results of the joint venture’s operations are included in other expense (income) on the consolidated statement of income and comprehensive income (loss) (see Note 10).
Insurance Accruals	Insurance Accruals The Company maintains certain self-insured workers’ compensation and general liability insurance plans. The Company estimates the required liability for claims under such plans based upon various assumptions, which include, but are not limited to, historical loss experience, projected loss development factors, actual payroll and other data. The required liability is also subject to adjustment in the future based upon changes in claims experience, including changes in the number of incidents (frequency) and changes in the ultimate cost per incident (severity).
Revenue Recognition	Revenue Recognition The Company’s terms of sale to retailers and other distributors for substantially all of its sales is free-on-board (“F.O.B.”) shipping point and, accordingly, title and the risks and rewards of ownership are transferred to the customer, and revenue is recognized, when goods are shipped. The Company estimates reductions to revenues for volume-based rebate programs at the time sales are recognized. Wholesale sales returns are not significant as, generally, we only accept the return of goods that were shipped to retailers in error. Revenue from retail store operations is recognized at the point of sale. Retail e-commerce sales are recognized on a F.O.B destination basis. The Company estimates future retail sales returns and records a provision in the period that the related sales are recorded based on historical information. Retail sales are reported net of taxes collected. Franchise fee revenue is recognized upon the completion of the Company’s performance requirements and the opening of the franchise store. In addition to the initial franchise fee, the Company also recognizes royalty fees generally ranging from 4% to 6% of net sales and advertising fund fees ranging from 1% to 2.25% of net sales each based upon the franchised stores’ reported gross retail sales. Additionally, the terms of the Company’s franchise agreements also provide for payments to franchisees based on e-commerce sales originating from specified areas relating to the franchisees’ contractual territory. The amounts paid by the Company vary based on several factors, including the profitability of the Company’s e-commerce sales, and are expensed at the time of sale. Revenues, and the related profit, on sales from the Company’s wholesale operations to its retail operations are eliminated in consolidation.
Cost of Sales	Cost of Sales Cost of sales at wholesale reflects the production costs (i.e., raw materials, labor and overhead) of manufactured goods and the direct cost of purchased goods, inventory shrinkage at both retail and wholesale, inventory adjustments, inbound freight to the Company’s manufacturing and distribution facilities, distribution costs and outbound freight to transfer goods to the Company’s wholesale customers. At retail, cost of sales reflects the direct cost of goods purchased from third parties and the production or purchase costs of goods acquired from the Company’s wholesale operations. Retail cost of sales also includes inventory shrinkage, inventory adjustments, inbound freight, occupancy costs related to store operations, such as rent and common area maintenance, utilities and depreciation on assets, and all logistics costs (i.e., procurement, handling and distribution costs) associated with the Company’s e-commerce business.
Retail Operating Expenses	Retail Operating Expenses Retail operating expenses include the costs and expenses associated with the operation of the Company’s retail stores, with the exception of occupancy costs included in cost of sales. Retail operating expenses principally consist of employee compensation and benefits, advertising, supplies expense and credit card and banking fees.
Shipping and Handling	Shipping and Handling Outbound shipping costs billed to customers are included in net sales. The costs of shipping and handling incurred by the Company are included in cost of sales.
Restructuring and Store Closure Costs	Restructuring and Store Closure Costs The Company records estimated store closure costs, estimated lease commitment costs (net of estimated sublease income) and other miscellaneous store closing costs when the liability is incurred. During the year ended December 31, 2015, the Company recorded a $1,180 contract termination charge in its consolidated statement of income and comprehensive income.
Product Royalty Agreements	Product Royalty Agreements The Company enters into product royalty agreements that allow the Company to use licensed designs on certain of its products. These contracts require the Company to pay royalties, generally based on the sales of such product, and may require guaranteed minimum royalties, a portion of which may be paid in advance. The Company matches royalty expense with revenue by recording royalties at the time of sale, at the greater of the contractual rate or an effective rate calculated based on the guaranteed minimum royalty and the Company’s estimate of sales during the contract period. If a portion of the guaranteed minimum royalty is determined to be unrecoverable, the unrecoverable portion is charged to expense at that time. Guaranteed minimum royalties paid in advance are recorded in the consolidated balance sheets in either prepaid expenses and other current assets or other assets, depending on the nature of the royalties.
Catalogue Costs	Catalogue Costs The Company expenses costs associated with the production of catalogues when incurred.
Advertising	Advertising Advertising costs are expensed as incurred. Retail advertising expenses for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 were $62,495, $64,816, and $68,134, respectively.
Art and Development Costs	Art and Development Costs Art and development costs are primarily internal costs that are not easily associated with specific designs, some of which may not reach commercial production. Accordingly, the Company expenses these costs as incurred.
Derivative Financial Instruments	Derivative Financial Instruments Accounting Standards Codification (“ASC”) Topic 815, “Accounting for Derivative Instruments and Hedging Activities”, requires that all derivative financial instruments be recognized on the balance sheet at fair value and establishes criteria for both the designation and effectiveness of hedging activities. The Company uses derivatives in the management of interest rate and foreign currency exposure. ASC Topic 815 requires the Company to formally document the assets, liabilities or other transactions the Company designates as hedged items, the risk being hedged and the relationship between the hedged items and the hedging instruments. The Company must measure the effectiveness of the hedging relationship at the inception of the hedge and on an on-going basis. If derivative financial instruments qualify as fair value hedges, the gain or loss on the instrument and the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in net income during the period of the change in fair values. For derivative financial instruments that qualify as cash flow hedges ( i.e i.e
Income Taxes	Income Taxes Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax bases of assets and liabilities (and operating loss and tax credit carryforwards) applying enacted statutory tax rates in effect for the years in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance when, in the judgment of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
Stock-Based Compensation	Stock-Based Compensation Accounting for stock-based compensation requires measurement of compensation cost for all stock-based awards at fair value on the date of grant and recognition of compensation expense over the service period for awards expected to vest.
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Accumulated other comprehensive loss consists of the Company’s foreign currency adjustments and the impact of interest rate swap and foreign exchange contracts that qualify as hedges (see Notes 18 and 19).
Foreign Currency Transactions and Translation	Foreign Currency Transactions and Translation The functional currencies of the Company’s foreign operations are the local currencies in which they operate. Foreign currency exchange gains or losses resulting from receivables or payables in currencies other than the functional currencies generally are credited or charged to operations. The balance sheets of foreign subsidiaries are translated into U.S. dollars at the exchange rates in effect on the balance sheet date. The results of operations of foreign subsidiaries are translated into U.S. dollars at the average exchange rates effective for the periods presented. The differences from historical exchange rates are recorded as comprehensive income (loss) and are included as a component of accumulated other comprehensive loss.
Earnings Per Share	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: Year Ended Year Ended Year Ended 2013 Net income attributable to Party City Holdco Inc.: $ 10,459 $ 56,123 $ 4,019 Weighted average shares — Basic: 111,917,168 93,996,355 93,725,721 Effect of dilutive stock options: 1,026,639 447,782 0 Weighted average shares — Diluted: 112,943,807 94,444,137 93,725,721 Net income per common share — Basic: $ 0.09 $ 0.60 $ 0.04 Net income per common share — Diluted: $ 0.09 $ 0.59 $ 0.04 All earnings per share amounts, and the 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 years ended December 31, 2015, December 31, 2014 and December 31, 2013, 1,991,965 stock options, 0 stock options and 2,853,200 stock options, respectively, were excluded from the calculations of Net income per common share — Diluted as they were anti-dilutive.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-02, “Leases”. The ASU requires that companies recognize on their balance sheets assets and liabilities for the rights and obligations created by the companies’ leases. The update is effective for the Company during the first quarter of 2019. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements. See Notes 8 and 14 for a discussion of the Company’s existing leases. In January 2016, the FASB issued ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities”. The update impacts the accounting for equity investments and the recognition of changes in fair value of financial liabilities when the fair value option is elected. The pronouncement will be effective for the Company during the first quarter of 2018. 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 November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”. The update requires companies to present all deferred tax assets and liabilities as noncurrent. As permitted by the pronouncement, during the fourth quarter of 2015, the Company adopted early the update on a prospective basis. The Company did not adjust its December 31, 2014 consolidated balance sheet and, accordingly, prepaid expenses and other current assets as of such date include $28,060 of net deferred tax assets. In September 2015, the FASB issued ASU 2015-16, “Business Combinations — Simplifying the Accounting for Measurement-Period Adjustments”. The update requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The pronouncement will be effective for the Company during the first quarter of 2016. The Company does not believe that it will have a material impact on the Company’s consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Simplifying the Measurement of Inventory”. The update changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. The pronouncement will be effective for the Company during the first quarter of 2017. The Company is in the process of evaluating the impact of the pronouncement on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs”. The pronouncement requires 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 permitted by the pronouncement, during the fourth quarter of 2015, the Company adopted early the update on a retrospective basis. Accordingly, loans and notes payable and long-term obligations, excluding current portion, in the Company’s December 31, 2015 consolidated balance sheet are net of deferred financing costs in the amounts of $3,839 and $18,144, respectively. Additionally, loans and notes payable and long-term obligations, excluding current portion, in the Company’s December 31, 2014 consolidated balance sheet are net of deferred financing costs in the amounts of $3,400 and $40,972, respectively. Previously, such amounts had been recorded in other assets, net. 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. The update is effective for the Company during the first quarter of 2018; however, early adoption is 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.
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, Mexico, and Puerto Rico, principally under the name Party City.
Fair Value Measurement	The provisions of 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.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Reconciliation Between Basic and Diluted Income Per Share	A reconciliation between basic and diluted income per share is as follows: Year Ended Year Ended Year Ended 2013 Net income attributable to Party City Holdco Inc.: $ 10,459 $ 56,123 $ 4,019 Weighted average shares — Basic: 111,917,168 93,996,355 93,725,721 Effect of dilutive stock options: 1,026,639 447,782 0 Weighted average shares — Diluted: 112,943,807 94,444,137 93,725,721 Net income per common share — Basic: $ 0.09 $ 0.60 $ 0.04 Net income per common share — Diluted: $ 0.09 $ 0.59 $ 0.04

Inventories, Net (Tables)

Inventories, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following: December 31, 2015 2014 Finished goods $ 532,606 $ 550,975 Raw materials 21,278 22,093 Work in process 10,375 9,162 $ 564,259 $ 582,230

Property, Plant and Equipment35

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Property, plant and equipment, net consisted of the following: December 31, 2015 2014 Useful lives Machinery and equipment $ 135,004 $ 116,613 3-15 years Buildings 67,727 66,797 40 years Data processing 41,674 31,893 3-5 years Leasehold improvements 91,067 65,882 1-10 years Furniture and fixtures 141,089 117,602 5-10 years Land 9,294 9,449 485,855 408,236 Less: accumulated depreciation (213,435 ) (159,552 ) $ 272,420 $ 248,684

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Schedule of Changes in Goodwill by Reporting Segment	For the years ended December 31, 2015 and December 31, 2014 goodwill changes, by reporting segment, were as follows: Year Ended 2015 Year Ended 2014 Wholesale segment: Beginning balance $ 492,096 $ 496,375 Travis acquisition 7,489 0 ACIM acquisition 548 0 Foreign currency impact (5,834 ) (4,279 ) Ending balance 494,299 492,096 Retail segment: Beginning balance 1,065,154 1,065,332 Store acquisitions 4,028 1,671 Foreign currency impact (966 ) (1,849 ) Ending balance 1,068,216 1,065,154 Total ending balance, both segments $ 1,562,515 $ 1,557,250

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Identifiable Intangible Assets	The Company had the following other identifiable intangible assets: December 31, 2015 Cost Accumulated Net Useful lives Retail franchise licenses $ 67,000 $ 20,900 $ 46,100 19 years Customer lists and relationships 56,459 25,592 30,867 20 years Copyrights and designs 29,030 20,352 8,678 5-7 years Leasehold interests 16,045 13,174 2,871 1-11 years Design licenses 2,469 2,328 141 1-4 years Non-compete agreements 500 0 500 5 years Total $ 171,503 $ 82,346 $ 89,157 December 31, 2014 Cost Accumulated Net Useful lives Retail franchise licenses $ 67,000 $ 15,400 $ 51,600 19 years Customer lists and relationships 55,770 19,392 36,378 20 years Copyrights and designs 29,000 15,342 13,658 5-7 years Leasehold interests 16,005 11,020 4,985 1-11 years Design licenses 2,469 2,080 389 1-4 years Total $ 170,244 $ 63,234 $ 107,010

Long-Term Obligations (Tables)

Long-Term Obligations (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Summary of Long-Term Obligations	Long-term obligations consisted of the following: December 31, 2015 2014 Old Term Loan Credit Agreement $ 0 $ 1,076,050 Term Loan Credit Agreement (a) 1,314,538 0 Capital lease obligations 2,414 3,274 Old Senior Notes 0 678,804 Senior Notes (b) 343,721 0 $350,000 PIK Notes (“Nextco Notes”) (c) 0 340,732 Total long-term obligations 1,660,673 2,098,860 Less: current portion (14,552 ) (12,249 ) Long-term obligations, excluding current portion $ 1,646,121 $ 2,086,611
Summary of Debt Instrument Redemption	On or after August 15, 2018, the Company may redeem the Senior Notes, in whole or in part, at the following (expressed as a percentage of the principal amount to be redeemed): Twelve-month period beginning on August 15, Percentage 2018 103.063 % 2019 101.531 % 2020 and thereafter 100.000 %
Maturities of Long-Term Obligations	At December 31, 2015, maturities of long-term obligations consisted of the following: Long-Term Debt Capital Lease Totals 2016 $ 13,400 $ 1,152 $ 14,552 2017 13,400 807 14,207 2018 13,400 269 13,669 2019 13,400 174 13,574 2020 13,400 12 13,412 Thereafter 1,591,259 0 1,591,259 Long-term obligations $ 1,658,259 $ 2,414 $ 1,660,673

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of Changes in Redeemable Common Securities	A summary of the changes in redeemable common securities during the years ended December 31, 2015, 2014 and 2013 follows: Number of Common Total Balance as of December 31, 2012 2,487,016 $ 22,205 Shares issued 422,800 3,775 Revaluation of shares 0 (2,425 ) Balance as of December 31, 2013 2,909,816 $ 23,555 Shares issued 262,037 1,794 Revaluation of shares 0 10,387 Shares reclassified to additional paid-in capital due to employee terminations (83,222 ) (674 ) Balance as of December 31, 2014 3,088,631 $ 35,062 Revaluation of shares 0 5,893 Impact of stockholders’ agreement amendment (3,088,631 ) (40,955 ) Balance as of December 31, 2015 0 $ 0

Other Expense, Net (Tables)

Other Expense, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Summary of Other Expense, Net	Year Ended Year Ended Year Ended Other expense, net consists of the following: Undistributed loss in unconsolidated joint venture $ 562 $ 1,556 $ 172 Foreign currency loss 3,691 1,447 1,581 Debt refinancings (a) 94,607 4,396 12,295 Management agreement termination fee (b) 30,697 0 0 Corporate development expenses 1,786 700 2,960 Business interruption proceeds 0 (4,514 ) 0 Other, net (353 ) 2,306 1,470 Other expense, net $ 130,990 $ 5,891 $ 18,478 (a) In August 2015, the Company refinanced its debt. See Note 7 for further discussion. Additionally, during April 2015, the Company consummated an initial public offering of its common stock and the net proceeds of the offering were used to, among other things, fully redeem the Nextco Notes. See Note 8 for further discussion. (b) In conjunction with the initial public offering, the Company paid a management agreement termination fee to affiliates of THL and Advent. See Note 9 for further discussion.

Equity Incentive Plans (Tables)

Equity Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Changes in Outstanding Options	The following table summarizes the changes in outstanding stock options for the years ended December 31, 2013, December 31, 2014 and December 31, 2015. Options Average Average Fair Value of Grant Date Aggregate Weighted Average Remaining Outstanding at December 31, 2012 0 Granted 7,232,400 $ 5.33 $ 3.15 Exercised 0 Forfeited (100,800 ) $ 5.33 Outstanding at December 31, 2013 7,131,600 $ 5.33 $ 19,739 9.2 Granted 0 Exercised (202,720 ) $ 5.33 Forfeited (242,480 ) $ 5.33 Outstanding at December 31, 2014 6,686,400 $ 5.33 40,282 8.3 Granted 2,013,764 $ 17.97 $ 6.04 Exercised (5,600 ) $ 5.33 Forfeited (176,919 ) $ 7.36 Outstanding at December 31, 2015 8,517,645 $ 8.28 39,453 7.8 Exercisable at December 31, 2015 1,393,280 $ 5.33 10,560 7.3 Expected to vest at December 31, 2015 (excluding performance-based options) 3,109,165 $ 13.40 (1,537 ) 8.6
Time Based Stock Options [Member]
Fair Value of Options Granted	The fair value of time-based options granted during the year ended December 31, 2015 was estimated on the grant date using a Black-Scholes option valuation model based on the assumptions in the following table: Expected dividend rate 0% Risk-free interest rate 1.57% to 1.93% Volatility 30.00% Expected option term 5.5 years – 6.5 years The fair value of time-based options granted during the year ended December 31, 2013 was estimated on the grant date using a Black-Scholes option valuation model based on the assumptions in the following table: Expected dividend rate 0% Risk-free interest rate 1.03% to 2.07% Volatility 35.00% Expected option term 6.2 years – 6.5 years

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Summary of Domestic and Foreign Income (Loss) Before Income Taxes	A summary of domestic and foreign income (loss) before income taxes and including noncontrolling interest follows: Year Ended 2015 Year Ended 2014 Year Ended 2013 Domestic $ 7,180 $ 67,000 $ (5,479 ) Foreign 10,688 14,334 5,197 Total $ 17,868 $ 81,334 $ (282 )
Summary of Income Tax Expense (Benefit)	The income tax expense (benefit) consisted of the following: Year Ended 2015 Year Ended 2014 Year Ended 2013 Current: Federal $ 8,137 $ 28,735 $ 15,259 State 2,652 5,954 2,285 Foreign 2,798 4,280 3,530 Total current expense 13,587 38,969 21,074 Deferred: Federal (6,710 ) (11,522 ) (19,519 ) State (1,086 ) (2,838 ) (5,675 ) Foreign 1,618 602 (405 ) Total deferred benefit (6,178 ) (13,758 ) (25,599 ) Income tax expense (benefit) $ 7,409 $ 25,211 $ (4,525 )
Summary of Deferred Income Tax Assets and Liabilities	Deferred income tax assets and liabilities consisted of the following: December 31, 2015 2014 Deferred income tax assets: Inventory valuation $ 9,794 $ 10,746 Allowance for doubtful accounts 678 1,079 Accrued liabilities 10,891 8,835 Federal tax loss carryforwards 3,829 4,943 State tax loss carryforwards 1,161 1,517 Foreign tax loss carryforwards 14,778 13,586 Tax credit carryforwards 1,418 1,637 Deferred rent 10,955 5,407 Other 294 1,681 Deferred income tax assets before valuation allowances 53,798 49,431 Less: valuation allowances (15,817 ) (13,479 ) Deferred income tax assets, net $ 37,981 $ 35,952 Deferred income tax liabilities: Property, plant and equipment $ 21,810 $ 15,984 Intangible assets 218,636 218,623 Amortization of goodwill and other assets 61,786 68,026 Foreign earnings expected to be repatriated 7,178 8,844 Other 4,072 5,753 Deferred income tax liabilities $ 313,482 $ 317,230
Summary of Difference Between the Effective Income Tax rate and the U.S. Statutory Income Tax Rate	The difference between the Company’s effective income tax rate and the U.S. statutory income tax rate is as follows: Year Ended 2015 Year Ended Year Ended Tax provision at U.S. statutory income tax rate 35.0 % 35.0 % 35.0 % State income tax, net of federal income tax 5.7 2.5 1,299.0 Domestic production activities deduction (5.1 ) (1.9 ) 460.3 Deferred tax adjustments 0.0 (0.2 ) 244.0 Contingent consideration adjustment (6.0 ) 0.0 0.0 Transaction costs 0.0 (6.9 ) (131.2 ) Work Opportunity Tax Credit (3.2 ) (0.4 ) (53.2 ) Valuation allowances 21.7 0.5 (588.7 ) Foreign earnings 9.1 4.9 (367.7 ) U.S. — foreign rate differential (13.7 ) (3.4 ) 483.4 Other (2.0 ) 0.9 223.7 Effective income tax rate 41.5 % 31.0 % 1,604.6 %
Summary of Activity of Company's Gross Unrecognized Tax Benefits	The following table summarizes the activity related to the Company’s gross unrecognized tax benefits: Year Ended Year Ended Year Ended 2013 Balance as of beginning of period $ 798 $ 285 $ 529 Increases related to current period tax positions 130 763 0 Increases related to prior period tax positions 0 0 0 Decrease related to settlements (92 ) (193 ) 0 Decreases related to lapsing of statutes of limitations (71 ) (57 ) (244 ) Balance as of end of period $ 765 $ 798 $ 285

Commitments, Contingencies an43

Commitments, Contingencies and Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Summary of Future Minimum Lease Payments under all Operating Leases	At December 31, 2015, future minimum lease payments under all operating leases consisted of the following: Future Minimum 2016 $ 155,842 2017 139,602 2018 116,776 2019 92,205 2020 80,385 Thereafter 221,839 $ 806,649
Summary of Future Minimum Product Royalties	At December 31, 2015, the Company’s commitment to pay future minimum product royalties was as follows: Future Minimum 2016 $ 24,863 2017 21,373 2018 7,841 2019 541 2020 300 Thereafter 0 $ 54,918

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of Company's Industry Segment Data	The Company’s industry segment data for the years ended December 31, 2015, December 31, 2014, and December 31, 2013 are as follows: Wholesale Retail Consolidated Year Ended December 31, 2015 Revenues: Net sales $ 1,226,989 $ 1,621,524 $ 2,848,513 Royalties and franchise fees 0 19,411 19,411 Total revenues 1,226,989 1,640,935 2,867,924 Eliminations (573,391 ) 0 (573,391 ) Net revenues $ 653,598 $ 1,640,935 $ 2,294,533 Income from operations $ 85,728 $ 186,491 $ 272,219 Interest expense, net 123,361 Other expense, net 130,990 Income before income taxes $ 17,868 Depreciation and amortization $ 29,352 $ 51,163 $ 80,515 Capital expenditures $ 18,849 $ 59,976 $ 78,825 Total assets $ 864,698 $ 2,427,705 $ 3,292,403 Wholesale Retail Consolidated Year Ended December 31, 201 4 Revenues: Net sales $ 1,213,024 $ 1,605,228 $ 2,818,252 Royalties and franchise fees 0 19,668 19,668 Total revenues 1,213,024 1,624,896 2,837,920 Eliminations (566,663 ) 0 (566,663 ) Net revenues $ 646,361 $ 1,624,896 $ 2,271,257 Income from operations $ 74,177 $ 168,965 $ 243,142 Interest expense, net 155,917 Other expense, net 5,891 Income before income taxes $ 81,334 Depreciation and amortization $ 32,446 $ 50,444 $ 82,890 Capital expenditures $ 27,651 $ 50,590 $ 78,241 Total assets $ 1,095,803 $ 2,240,688 $ 3,336,491 Wholesale Retail Consolidated Year Ended December 31, 2013 Revenues: Net sales $ 1,080,740 $ 1,433,522 $ 2,514,262 Royalties and franchise fees 0 18,841 18,841 Total revenues 1,080,740 1,452,363 2,533,103 Eliminations (487,990 ) 0 (487,990 ) Net revenues $ 592,750 $ 1,452,363 $ 2,045,113 Income from operations $ 65,997 $ 95,605 $ 161,602 Interest expense, net 143,406 Other expense, net 18,478 Loss before income taxes $ (282 ) Depreciation and amortization $ 40,789 $ 53,835 $ 94,624 Capital expenditures $ 15,796 $ 45,445 $ 61,241
Schedule of Company's Industry Geographic Segments	The Company’s geographic area data follows: Domestic Foreign Eliminations Consolidated Year Ended December 31, 2015 Revenues: Net sales to unaffiliated customers $ 1,937,793 $ 337,329 $ 0 $ 2,275,122 Net sales between geographic areas 47,752 74,974 (122,726 ) 0 Net sales 1,985,545 412,303 (122,726 ) 2,275,122 Royalties and franchise fees 19,411 0 0 19,411 Total revenues $ 2,004,956 $ 412,303 $ (122,726 ) $ 2,294,533 Income from operations $ 267,209 $ 5,010 $ 0 $ 272,219 Interest expense, net 123,361 Other expense, net 130,990 Income before income taxes $ 17,868 Depreciation and amortization $ 74,849 $ 5,666 $ 80,515 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 251,328 $ 30,776 $ 282,104 Total assets $ 3,093,949 $ 198,454 $ 0 $ 3,292,403 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2014 Revenues: Net sales to unaffiliated customers $ 1,930,270 $ 321,319 $ 0 $ 2,251,589 Net sales between geographic areas 44,903 75,462 (120,365 ) 0 Net sales 1,975,173 396,781 (120,365 ) 2,251,589 Royalties and franchise fees 19,668 0 0 19,668 Total revenues $ 1,994,841 $ 396,781 $ (120,365 ) $ 2,271,257 Income from operations $ 236,495 $ 6,647 $ 0 $ 243,142 Interest expense, net 155,917 Other expense, net 5,891 Income before income taxes $ 81,334 Depreciation and amortization $ 77,445 $ 5,445 $ 82,890 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 231,820 $ 23,729 $ 255,549 Total assets $ 3,352,865 $ 324,817 $ (341,191 ) $ 3,336,491 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2013 Revenues: Net sales to unaffiliated customers $ 1,756,375 $ 269,897 $ 0 $ 2,026,272 Net sales between geographic areas 34,146 54,996 (89,142 ) 0 Net sales 1,790,521 324,893 (89,142 ) 2,026,272 Royalties and franchise fees 18,841 0 0 18,841 Total revenues $ 1,809,362 $ 324,893 $ (89,142 ) $ 2,045,113 Income from operations $ 159,481 $ 2,121 $ 0 $ 161,602 Interest expense, net 143,406 Other expense, net 18,478 Loss before income taxes $ (282 ) Depreciation and amortization $ 89,839 $ 4,785 $ 94,624

Quarterly Results (Tables)

Quarterly Results (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of Historical Revenues, Gross Profit, Income (Loss) from Operations	The following table sets forth our historical revenues, gross profit, income (loss) from operations, net income (loss), net income (loss) attributable to Party City Holdco Inc., net income (loss) per common share — Basic, and net income (loss) per common share—Diluted for each of the following periods: For the Three Months Ended, 2015: March 31, June 30, September 30, December 31, Revenues: Net sales $ 458,195 $ 491,206 $ 551,380 $ 774,341 Royalties and franchise fees 3,910 4,314 4,027 7,160 Gross profit 163,921 188,343 189,850 362,124 Income from operations 24,004 46,067 31,480 170,668 Net (loss) income (8,525 ) (23,050 )(a) (44,489 )(b) 86,523 Net (loss) income per common share — Basic $ (0.09 ) $ (0.20 )(a) $ (0.37 )(b) $ 0.73 Net (loss) income per common share — Diluted $ (0.09 ) $ (0.20 )(a) $ (0.37 )(b) $ 0.72 For the Three Months Ended, 2014: March 31, June 30, September 30, December 31, Revenues: Net sales $ 429,220 $ 487,182 $ 538,671 $ 796,516 Royalties and franchise fees 3,767 4,392 3,990 7,519 Gross profit 154,839 182,664 184,146 354,234 Income from operations 15,906 40,305 28,778 158,153 Net (loss) income (19,912 ) 2,456 (5,410 ) 78,989 Net (loss) income per common share — Basic $ (0.21 ) $ 0.03 $ (0.06 ) $ 0.84 Net (loss) income per common share — Diluted $ (0.21 ) $ 0.03 $ (0.06 ) $ 0.83 (a) During the three months ended June 30, 2015, the Company consummated an initial public offering of its common stock. The net proceeds of the offering were used to, among other things, fully redeem the Nextco Notes (see Note 8) and pay a management agreement termination fee to affiliates of THL and Advent (see Note 9). (b) During the three months ended September 30, 2015, the Company refinanced its debt. See Note 7 for further discussion.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 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 December 31, 2015 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 773 $ 0 $ 773 Derivative liabilities 0 391 0 391 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 Derivative assets $ 0 $ 0 $ 0 $ 0 Derivative liabilities 0 476 0 476
Summary of Carrying Amount and Fair Value	The carrying amounts and fair values of borrowings under the Term Loan Credit Agreement and the Senior Notes as of December 31, 2015 are as follows: Carrying Amount Fair Value Term Loan Credit Agreement $ 1,314,538 $ 1,295,722 Senior Notes 343,721 340,375

Derivative Financial Instrume47

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 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 December 31, 2015 and December 31, 2014: Derivative Assets Derivative Liabilities Balance Fair Balance Fair Balance Fair Balance Fair Derivative Instrument December 31, 2015 December 31, 2014 December 31, 2015 December 31, 2014 Foreign Exchange Contracts (a ) PP $ 773 (a ) PP $ 0 (b ) AE $ 391 (b ) AE $ 476 (a) PP = Prepaid expenses and other current assets (b) AE = Accrued expenses
Schedule of Notional Amounts of Derivatives	The following table displays the notional amounts of the Company’s derivatives at December 31, 2015 and December 31, 2014: Derivative Instrument December 31, December 31, Foreign Exchange Contracts $ 23,028 $ 8,900

Changes in Accumulated Other 48

Changes in Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Changes in Accumulated Other Comprehensive (Loss) Income	The changes in accumulated other comprehensive (loss) income attributable to Party City Holdco Inc. consisted of the following: Year Ended December 31, 2015 Foreign Impact of Total, Net Balance at December 31, 2014 $ (12,969 ) $ 234 $ (12,735 ) Other comprehensive (loss) income before reclassifications, net of income tax (20,432 ) 675 (19,757 ) Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of income and comprehensive loss, net of income tax 0 (298 ) (298 ) Net current-period other comprehensive (loss) income (20,432 ) 377 (20,055 ) Balance at December 31, 2015 $ (33,401 ) $ 611 $ (32,790 ) Year Ended December 31, 2014 Foreign Impact of Total, Net Balance at December 31, 2013 $ 5,738 $ (330 ) $ 5,408 Other comprehensive (loss) income before reclassifications, net of income tax (18,707 ) 336 (18,371 ) Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax 0 228 228 Net current-period other comprehensive (loss) income (18,707 ) 564 (18,143 ) Balance at December 31, 2014 $ (12,969 ) $ 234 $ (12,735 ) Year Ended December 31, 2013 Foreign Impact of Total, Balance at December 31, 2012 $ 6,425 $ (225 ) $ 6,200 Other comprehensive loss before reclassifications, net of income tax (48 ) (306 ) (354 ) Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax 0 201 201 Net current-period other comprehensive loss (48 ) (105 ) (153 ) Acquisition of noncontrolling interest (639 ) 0 (639 ) Balance at December 31, 2013 $ 5,738 $ (330 ) $ 5,408

Organization, Description of 49

Organization, Description of Business and Basis of Presentation - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015Store
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
Number of franchise stores included in retail operation	200
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%

Summary of Significant Accoun50

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	Apr. 02, 2015	Dec. 31, 2015USD ($)Leaseshares	Dec. 31, 2014USD ($)shares	Dec. 31, 2013USD ($)shares
Significant Accounting Policies [Line Items]
Allowance for doubtful accounts		$ 2,343	$ 2,889
Operating lease initial term		10 years
Operating lease renewal period		5 years
Number of operating lease renewals options | Lease		2
Deferred rent liability		$ 49,826	37,355
Retail advertising expenses		$ 62,495	64,816	$ 68,134
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	2,800
Prepaid expenses and other current assets		$ 28,060	28,060
Deferred financing costs, current		3,839	3,400
Deferred financing costs, noncurrent		18,144	$ 40,972
Contract Termination [Member]
Significant Accounting Policies [Line Items]
Restructuring charges		$ 1,180
Employee Stock Option [Member]
Significant Accounting Policies [Line Items]
Antidilutive securities excluded from calculation of earnings per share | shares		1,991,965	0	2,853,200
Maximum [Member]
Significant Accounting Policies [Line Items]
Retail operations period of fiscal year		53 Weeks
Retail operations period of fiscal quarter		14 Weeks
Percentage of royalty revenue recognized		6.00%
Percentage of advertising fund fee recognized		2.25%
Minimum [Member]
Significant Accounting Policies [Line Items]
Retail operations period of fiscal year		52 Weeks
Retail operations period of fiscal quarter		13 Weeks
Percentage of royalty revenue recognized		4.00%
Percentage of advertising fund fee recognized		1.00%
Corporate Joint Venture [Member]
Significant Accounting Policies [Line Items]
Percentage interest in joint venture		49.90%

Summary of Significant Accoun51

Summary of Significant Accounting Policies - Schedule of Reconciliation Between Basic and Diluted Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net income attributable to Party City Holdco Inc.:									$ 10,459	$ 56,123	$ 4,019
Weighted average shares - Basic:									111,917,168	93,996,355	93,725,721
Effect of dilutive stock options:									1,026,639,000	447,782,000	0
Weighted average shares - Diluted:									112,943,807	94,444,137	93,725,721
Net income per common share - Basic:	$ 0.73	$ (0.37)	$ (0.20)	$ (0.09)	$ 0.84	$ (0.06)	$ 0.03	$ (0.21)	$ 0.09	$ 0.60	$ 0.04
Net income per common share - Diluted:	$ 0.72	$ (0.37)	$ (0.20)	$ (0.09)	$ 0.83	$ (0.06)	$ 0.03	$ (0.21)	$ 0.09	$ 0.59	$ 0.04

Inventories, Net - Inventories

Inventories, Net - Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished goods	$ 532,606	$ 550,975
Raw materials	21,278	22,093
Work in process	10,375	9,162
Inventories, net	$ 564,259	$ 582,230

Property, Plant and Equipment53

Property, Plant and Equipment, Net - Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 485,855	$ 408,236
Less: accumulated depreciation	(213,435)	(159,552)
Property plant and equipment, net	272,420	248,684
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	135,004	116,613
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 67,727	66,797
Useful lives	40 years
Data Processing [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 41,674	31,893
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	91,067	65,882
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	141,089	117,602
Land [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 9,294	$ 9,449
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful lives	3 years
Minimum [Member] | Data Processing [Member]
Property, Plant and Equipment [Line Items]
Useful lives	3 years
Minimum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful lives	1 year
Minimum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Useful lives	5 years
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful lives	15 years
Maximum [Member] | Data Processing [Member]
Property, Plant and Equipment [Line Items]
Useful lives	5 years
Maximum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful lives	10 years
Maximum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Useful lives	10 years

Property, Plant and Equipment54

Property, Plant and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property Plant and Equipment Useful Life and Values [Abstract]
Depreciation and amortization expense related to property, plant and equipment, including assets under capital leases	$ 61,630	$ 60,695	$ 67,627

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail)	1 Months Ended		12 Months Ended
	Aug. 31, 2015USD ($)Store	Mar. 31, 2015USD ($)Store	Dec. 31, 2015USD ($)Franchised_Stores
Business Acquisition [Line Items]
Inventory fair value	$ 952,000	$ 1,082,000
Customer lists and relationships intangible assets fair value		1,285,000
Goodwill fair value	548,000	7,489,000
Property, plant and equipment fair value	$ 10,172,000
Number of franchise stores acquired | Franchised_Stores			6
Total consideration amount			$ 5,981,000
Travis Designs Limited [Member]
Business Acquisition [Line Items]
Consideration paid for acquisition		10,298,000
Fair value accounts receivable acquired		594
Fair value inventories acquired		1,082
Fair value prepaid expenses and other current assets acquired		497
Fair value property, plant and equipment acquired		38
Fair value accrued expenses assumed		255
Fair value income taxes payable assumed		383
Fair value deferred income tax liabilities assumed		308
Estimated contingent consideration		3,832,000
Travis Designs Limited [Member] | Trade Names [Member]
Business Acquisition [Line Items]
Fair value intangible asset acquired		$ 259
Party City Stores [Member]
Business Acquisition [Line Items]
Number of stores | Store	700	700
Halloween City Stores [Member]
Business Acquisition [Line Items]
Number of stores | Store		300
Accurate Custom Injection Molding Inc [Member]
Business Acquisition [Line Items]
Consideration paid for acquisition	$ 10,095,000
Business combination, acquisition percentage	75.00%
Fair value accounts payable assumed	$ 277,000
Business combination, percentage of remaining interest			25.00%
Business combination, period to acquire remaining interest			9 years

Acquisitions - Schedule of Chan

Acquisitions - Schedule of Changes in Goodwill by Reporting Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	$ 1,557,250
Ending balance	1,562,515	$ 1,557,250
Wholesale Segment [Member]
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	492,096	496,375
Foreign currency impact	(5,834)	(4,279)
Ending balance	494,299	492,096
Wholesale Segment [Member] | Travis Designs Limited [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	7,489	0
Wholesale Segment [Member] | Accurate Custom Injection Molding Inc [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	548	0
Retail Segment [Member]
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	1,065,154	1,065,332
Foreign currency impact	(966)	(1,849)
Ending balance	1,068,216	1,065,154
Retail Segment [Member] | Store Acquisition [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	$ 4,028	$ 1,671

Intangible Assets - Schedule of

Intangible Assets - Schedule of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Cost	$ 171,503	$ 170,244
Accumulated Amortization	82,346	63,234
Net Carrying Value	89,157	107,010
Retail Franchise Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	67,000	67,000
Accumulated Amortization	20,900	15,400
Net Carrying Value	$ 46,100	$ 51,600
Useful lives	19 years	19 years
Customer Lists and Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 56,459	$ 55,770
Accumulated Amortization	25,592	19,392
Net Carrying Value	$ 30,867	$ 36,378
Useful lives	20 years	20 years
Copyrights and Designs [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	$ 29,030	$ 29,000
Accumulated Amortization	20,352	15,342
Net Carrying Value	8,678	13,658
Leasehold Interests [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	16,045	16,005
Accumulated Amortization	13,174	11,020
Net Carrying Value	2,871	4,985
Design Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	2,469	2,469
Accumulated Amortization	2,328	2,080
Net Carrying Value	141	$ 389
Non-compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	500
Accumulated Amortization	0
Net Carrying Value	$ 500
Useful lives	5 years
Minimum [Member] | Copyrights and Designs [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	5 years	5 years
Minimum [Member] | Leasehold Interests [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	1 year	1 year
Minimum [Member] | Design Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	1 year	1 year
Maximum [Member] | Copyrights and Designs [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	7 years	7 years
Maximum [Member] | Leasehold Interests [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	11 years	11 years
Maximum [Member] | Design Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	4 years	4 years

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Intangible Assets [Line Items]
Amortization expense for finite-lived intangible assets	$ 18,885	$ 22,195	$ 26,997
Amortization expense for next twelve months	16,262
Amortization expense for two year	13,031
Amortization expense for three year	9,657
Amortization expense for four year	8,489
Amortization expense for five year	7,389
Party City Trade Name [Member]
Schedule Of Intangible Assets [Line Items]
Indefinite-lived asset	519,000
Amscan Trade Name [Member]
Schedule Of Intangible Assets [Line Items]
Indefinite-lived asset	26,000
Halloween City Trade Name [Member]
Schedule Of Intangible Assets [Line Items]
Indefinite-lived asset	$ 10,500

Loans and Notes Payable - Addit

Loans and Notes Payable - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$ 343,721,000	$ 350,000,000
Notes issued rate		6.125%
Old Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount		$ 700,000,000
Notes issued rate		8.875%
Deferred financing costs, Write-off	$ 18,664,000
Percentage of principal amount redeemed	6.656%
Principal amount of senior notes	$ 46,592,000
Old Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Senior secured term loan facility		$ 1,125,000,000
Deferred financing costs, Write-off	2,036,000
Additional deferred financing costs, to be amortized	9,308,000
Original discount to be amortized	3,592,000
Unamortized call premium	3,900,000
Old Term Loan Credit Agreement [Member] | Secured Debt [Member] | Other Expense [Member]
Debt Instrument [Line Items]
Original issuance discount, recorded in other expense	786,000
Call premium recorded in other expense, net	853,000
Banker and legal fees recorded in other expense	9,758,000
Old ABL Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility borrowing capacity		400,000,000
Deferred financing costs, Write-off	321,000
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	1,314,538,000
Senior secured term loan facility		1,340,000,000
ABL Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility current borrowing capacity	540,000,000	540,000,000
Credit facility borrowing maximum capacity	$ 640,000,000	$ 640,000,000

Loans and Notes Payable - ABL F

Loans and Notes Payable - ABL Facility - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)OptionPlan	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 126,136,000		$ 21,936,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 129,975,000
Interest rates	3.70%
Outstanding letter of credit	$ 24,769,000
Line of credit facility, remaining borrowing capacity	349,099,000
ABL Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility current borrowing capacity	540,000,000	$ 540,000,000
Credit facility borrowing maximum capacity	640,000,000	$ 640,000,000
Letters of credit outstanding maximum under our ABL facility	$ 50,000,000
Debt instrument maturity date	Aug. 19, 2020
Number of pricing options | OptionPlan	2
Commitment fee percentage	0.25%
Percentage applied to aggregate commitments and borrowing base	10.00%
Applicability of fixed charge coverage ratio, description	PCHI must comply with a fixed charge coverage ratio if excess availability under the ABL Facility on any day is less than the greater of (a) 10% of the lesser of the aggregate commitments and the then borrowing base under the ABL Facility and (b) $40,000
Line of credit facility, excess availability	$ 40,000,000
ABL Facility [Member] | Revolving Credit Facility [Member] | Alternate Base Interest Rate Loans [Member]
Debt Instrument [Line Items]
Interest rate description	(i) an alternate base interest rate ("ABR") equal to the greater of (a) the prime rate, (b) the federal funds rate plus 0.5% or (c) the LIBOR rate plus 1%, in each case, on the date of such borrowing
ABL Facility [Member] | Revolving Credit Facility [Member] | Alternate Base Interest Rate Loans [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.25%
ABL Facility [Member] | Revolving Credit Facility [Member] | Alternate Base Interest Rate Loans [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
ABL Facility [Member] | Revolving Credit Facility [Member] | Federal Fund Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
ABL Facility [Member] | Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
ABL Facility [Member] | Revolving Credit Facility [Member] | LIBOR Based Loans [Member]
Debt Instrument [Line Items]
Interest rate description	(ii) a LIBOR based interest rate, in each case plus an applicable margin
ABL Facility [Member] | Revolving Credit Facility [Member] | LIBOR Based Loans [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.25%
ABL Facility [Member] | Revolving Credit Facility [Member] | LIBOR Based Loans [Member] | Maximum [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%

Loans and Notes Payable - Other

Loans and Notes Payable - Other Credit Agreements - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 126,136	$ 21,936
Foreign Facilities [Member]
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 0	$ 1,361

Long-Term Obligations - Summary

Long-Term Obligations - Summary of Long-Term Obligations (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total long-term obligations	$ 1,660,673	$ 2,098,860
Less: current portion	(14,552)	(12,249)
Long-term obligations, excluding current portion	1,646,121	2,086,611
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Total long-term obligations	2,414	3,274
Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term obligations	343,721	0
Old Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Total long-term obligations	0	1,076,050
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Total long-term obligations	1,314,538
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Total long-term obligations	1,314,538	0
Old Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term obligations	0	678,804
Nextco Notes [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument [Line Items]
Total long-term obligations	$ 0	$ 340,732

Long-Term Obligations - Summa63

Long-Term Obligations - Summary of Long-Term Obligations (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Nextco Notes [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$ 350,000	$ 350,000

Long-Term Obligations - Term Lo

Long-Term Obligations - Term Loan Credit Agreement - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)OptionPlan	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Outstanding principal amount of term loans	$ 1,660,673	$ 2,098,860
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Percentage of voluntary prepayments	1.00%
Percentage of net cash proceeds above sale of assets subject to debt mandatory prepayment	100.00%
Percentage of net cash proceeds of incurrence of debt subject to debt mandatory prepayment	100.00%
Percentage excess cash flow debt mandatory prepayment subject to leverage ratio	50.00%
Leverage ratio Above that Fifty percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	3.50
Leverage ratio below that zero percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	2.50
Outstanding principal amount of term loans	$ 1,314,538
Original issuance discount, call premium and deferred financing costs	$ 22,112
Term Loan Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	25.00%
Leverage ratio below that Twenty Five percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	3.50
Term Loan Credit Agreement [Member] | Minimum [Member]
Debt Instrument [Line Items]
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	0.00%
Leverage ratio below that Twenty Five percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	1
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Percentage of original issuance discount	0.25%
Original issuance discount	$ 3,350
Minimum adjustment rate of LIBOR	2.00%
Decreased LIBOR floor rate	1.00%
Number of pricing options | OptionPlan	2
Credit facility maturity date	Aug. 19, 2022
Term loans repayment, quarterly installment percentage	0.25%
Outstanding principal amount of term loans	$ 1,314,538	$ 0
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Federal Fund Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
Interest rate on the outstanding term loan	4.25%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Alternate Base Interest Rate Loans [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	2.25%
Interest rate description	(i) an ABR for any day, a rate per annum equal to the greater of (a) the prime rate in effect on such day, (b) the federal funds effective rate in effect on such day plus 0.5%, (c) the adjusted LIBOR rate plus 1% and (d) 2.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR Based Loans [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	3.25%
Interest rate description	(ii) the LIBOR rate, with a LIBOR floor of 1.00%, in each case plus an applicable margin.

Long-Term Obligations - Senior

Long-Term Obligations - Senior Notes - Additional Information (Detail) - Senior Notes [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Debt instrument maturity date	Aug. 15, 2023
Equity offering for senior notes description	Cash proceeds from certain equity offerings
Repurchase of senior notes of principal amount	101.00%
Third-party costs incurred and capitalized	$ 6,279
Debt Instrument Redemption by Equity Offering Before August 15, 2018 [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	106.125%
Debt Instrument Redemption Period with Premium Before August 15, 2018 [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	100.00%
Maximum [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	40.00%

Long-Term Obligations - Summa66

Long-Term Obligations - Summary of Debt Instrument Redemption (Detail) - Senior Notes [Member]	12 Months Ended
	Dec. 31, 2015
Twelve-Month Period Beginning on August 15, 2018 [Member]
Debt Instrument, Redemption [Line Items]
Percentage of principal amount to be redeemed	103.063%
Twelve-Month Period Beginning on August 15, 2019 [Member]
Debt Instrument, Redemption [Line Items]
Percentage of principal amount to be redeemed	101.531%
Twelve-Month Period Beginning on August 15, 2020 and Thereafter [Member]
Debt Instrument, Redemption [Line Items]
Percentage of principal amount to be redeemed	100.00%

Long-Term Obligations - Nextco

Long-Term Obligations - Nextco Notes - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Senior Notes and Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Restricted payment capacity	$ 225,418
Nextco Notes [Member]
Debt Instrument [Line Items]
Amount paid to redeem the debt Notes	$ 363,720
Prepayment penalty percentage	2.00%
Debt prepayment penalty amount	$ 7,000
Payment of accrued interest	6,720
Capitalized debt issuance cost written off	8,596
Nextco Notes [Member] | Other Expense (Income), Net [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument [Line Items]
Debt prepayment penalty amount	$ 7,000

Long-Term Obligations - Maturit

Long-Term Obligations - Maturities of Long-Term Obligations (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
2,016	$ 14,552
2,017	14,207
2,018	13,669
2,019	13,574
2,020	13,412
Thereafter	1,591,259
Long-term obligations	1,660,673	$ 2,098,860
Long-Term Debt Obligations [Member]
Debt Instrument [Line Items]
2,016	13,400
2,017	13,400
2,018	13,400
2,019	13,400
2,020	13,400
Thereafter	1,591,259
Long-term obligations	1,658,259
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
2,016	1,152
2,017	807
2,018	269
2,019	174
2,020	12
Thereafter	0
Long-term obligations	$ 2,414	$ 3,274

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) $ / shares in Units, $ in Thousands	Apr. 21, 2015USD ($)shares	Apr. 02, 2015	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Aug. 01, 2013$ / shares	Dec. 31, 2012USD ($)
Temporary Equity [Line Items]
Authorized capital stock | shares			300,000,000
Common stock, par value | $ / shares			$ 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	2,800
Net proceeds of the offering	$ 397,159
Management termination fee paid			$ 30,697	$ 0	$ 0
Fair market value of fully paid and vested common securities			0	$ 35,062	$ 23,555		$ 22,205
Dividend to the shareholders | $ / shares						$ 3.60
Other Expense (Income), Net [Member] | Thomas H. Lee Partners, L.P. and Advent International Corporation [Member]
Temporary Equity [Line Items]
Management termination fee paid			$ 30,697
IPO [Member]
Temporary Equity [Line Items]
Common stock shares sold | shares	25,156,250

Capital Stock - Summary of Chan

Capital Stock - Summary of Changes in Redeemable Common Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Temporary Equity [Line Items]
Beginning Balance, Shares	3,088,630
Ending Balance, Shares		3,088,630
Beginning Balance	$ 35,062	$ 23,555	$ 22,205
Shares issued		1,794	3,775
Revaluation of shares	5,893	10,387	(2,425)
Impact of stockholders' agreement amendment	(40,955)
Shares reclassified to additional paid-in capital due to employee terminations		(674)
Ending Balance	$ 0	$ 35,062	$ 23,555
Common Stock [Member]
Temporary Equity [Line Items]
Beginning Balance, Shares	3,088,631	2,909,816	2,487,016
Impact of stockholders' agreement amendment	(3,088,631)
Shares issued		262,037	422,800
Shares reclassified to additional paid-in capital due to employee terminations		(83,222)
Ending Balance, Shares	0	3,088,631	2,909,816

Other Expense, Net - Summary of

Other Expense, Net - Summary of Other Expense, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income and Expenses [Abstract]
Undistributed loss in unconsolidated joint venture	$ 562	$ 1,556	$ 172
Foreign currency loss	3,691	1,447	1,581
Debt refinancings	94,607	4,396	12,295
Management agreement termination fee	30,697	0	0
Corporate development expenses	1,786	700	2,960
Business interruption proceeds	0	(4,514)	0
Other, net	(353)	2,306	1,470
Other expense, net	$ 130,990	$ 5,891	$ 18,478

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - Subsidiary Issuer [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, expenses recognized	$ 5,196	$ 6,179	$ 4,899
Minimum [Member]
Defined Contribution Plan Disclosure [Line Items]
Employer matching contribution of employees contribution	11.00%
Employer matching contribution of employees gross pay	5.00%
Maximum [Member]
Defined Contribution Plan Disclosure [Line Items]
Employer matching contribution of employees contribution	100.00%
Employer matching contribution of employees gross pay	6.00%

Equity Incentive Plans - Additi

Equity Incentive Plans - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 27, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeiture rate		13.40%
Intrinsic value of options exercised		$ 60	$ 561	$ 0
Fair value of options vested		1,726	1,769	1,676
Time Based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 3,042	$ 1,583	$ 2,137
Options granted			0
Options vested granted percentage	20.00%	20.00%
Options vesting description		Vested 20% on July 27, 2013 and vest 20% each July 27th thereafter
Unrecognized compensation cost		$ 13,058
Unrecognized compensation cost weighted-average recognition period		34 months
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding		4,015,200
2012 Omnibus Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares reserved		15,316,000

Equity Incentive Plans - Fair V

Equity Incentive Plans - Fair Value of Options Granted (Detail) - Time Based Stock Options [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend rate	0.00%	0.00%
Risk free interest rate, Minimum	1.57%	1.03%
Risk free interest rate, Maximum	1.93%	2.07%
Volatility	30.00%	35.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	5 years 6 months	6 years 2 months 12 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	6 years 6 months	6 years 6 months

Equity Incentive Plans - Summar

Equity Incentive Plans - Summary of Changes in Outstanding Options (Detail) - Performance Based Stock Options [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding beginning balance	6,686,400	7,131,600	0
Options granted	2,013,764	0	7,232,400
Options exercised	(5,600)	(202,720)	0
Options forfeited	(176,919)	(242,480)	(100,800)
Options outstanding ending balance	8,517,645	6,686,400	7,131,600
Average exercise price outstanding beginning balance	$ 5.33	$ 5.33
Options exercisable	1,393,280
Average exercise price granted	$ 17.97		$ 5.33
Expected to vest (excluding performance-based options)	3,109,165
Average exercise price exercised	$ 5.33	5.33
Average exercise price forfeited	7.36	5.33	5.33
Average exercise price outstanding ending balance	8.28	$ 5.33	5.33
Average exercise price exercisable	5.33
Average exercise price expected to vest	13.40
Average fair market value of TBOs at grant date granted	$ 6.04		$ 3.15
Aggregate intrinsic value outstanding ending balance	$ 39,453	$ 40,282	$ 19,739
Aggregate intrinsic value exercisable	10,560
Aggregate intrinsic value expected to vest	$ (1,537)
Weighted average remaining contractual term outstanding ending balance	7 years 9 months 18 days	8 years 3 months 18 days	9 years 2 months 12 days
Weighted average remaining contractual term exercisable	7 years 3 months 18 days
Weighted average remaining contractual term expected to vest	8 years 7 months 6 days

Income Taxes - Summary of Domes

Income Taxes - Summary of Domestic and Foreign Income (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Domestic	$ 7,180	$ 67,000	$ (5,479)
Foreign	10,688	14,334	5,197
Total	$ 17,868	$ 81,334	$ (282)

Income Taxes - Summary Income T

Income Taxes - Summary Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal	$ 8,137	$ 28,735	$ 15,259
State	2,652	5,954	2,285
Foreign	2,798	4,280	3,530
Total current expense	13,587	38,969	21,074
Deferred:
Federal	(6,710)	(11,522)	(19,519)
State	(1,086)	(2,838)	(5,675)
Foreign	1,618	602	(405)
Total deferred benefit	(6,178)	(13,758)	(25,599)
Income tax expense (benefit)	$ 7,409	$ 25,211	$ (4,525)

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred income tax assets:
Inventory valuation	$ 9,794	$ 10,746
Allowance for doubtful accounts	678	1,079
Accrued liabilities	10,891	8,835
Federal tax loss carryforwards	3,829	4,943
State tax loss carryforwards	1,161	1,517
Foreign tax loss carryforwards	14,778	13,586
Tax credit carryforwards	1,418	1,637
Deferred rent	10,955	5,407
Other	294	1,681
Deferred income tax assets before valuation allowances	53,798	49,431
Less: valuation allowances	(15,817)	(13,479)
Deferred income tax assets, net	37,981	35,952
Deferred income tax liabilities:
Property, plant and equipment	21,810	15,984
Intangible assets	218,636	218,623
Amortization of goodwill and other assets	61,786	68,026
Foreign earnings expected to be repatriated	7,178	8,844
Other	4,072	5,753
Deferred income tax liabilities	$ 313,482	$ 317,230

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Line Items]
Other assets, net	$ 1,166
Deferred income tax liabilities	276,667	$ 309,338
Prepaid expenses and other current assets	$ 28,060	28,060
State tax credit carryforwards expiration year	2,018
Foreign tax credit carryforwards expiration year	2,020
State income tax benefit			$ 2,247
State income tax credit			1,441
Cumulative undistributed earnings of foreign subsidiaries	$ 19,672
Expenses related to the acquisition				$ 24,564
Acquisition cost, value amortized		15,876
Tax benefit to be realized		$ 5,918
Period to realize tax benefit		15 years
Unrecognized Tax Benefit That Would Impact Effective Tax Rate	765	$ 798
Accrued interest and penalties	15	$ 22
Tax payment			$ 1,271	$ 1,271
Riethmuller Gmbh [Member]
Income Taxes [Line Items]
Valuation allowance related to net operating loss carryforward	746
Christys By Design Limited [Member]
Income Taxes [Line Items]
Valuation allowance related to net operating loss carryforward	1,065
Christys Garments and Accessories Limited [Member]
Income Taxes [Line Items]
Valuation allowance related to net operating loss carryforward	577
United Kingdom [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	$ 5,097
Domestic [Member]
Income Taxes [Line Items]
Operating loss carryforwards acquisition expiration date	2,019
Australia [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	$ 1,635
Other Foreign Country [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	460
Germany [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	$ 7,586

Income Taxes - Summary of Diffe

Income Taxes - Summary of Difference Between the Effective Income Tax Rate and the U.S. Statutory Income Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Tax provision at U.S. statutory income tax rate	35.00%	35.00%	35.00%
State income tax, net of federal income tax	5.70%	2.50%	1299.00%
Domestic production activities deduction	(5.10%)	(1.90%)	460.30%
Deferred tax adjustments	0.00%	(0.20%)	244.00%
Contingent consideration adjustment	(6.00%)	0.00%	0.00%
Transaction costs	0.00%	(6.90%)	(131.20%)
Work Opportunity Tax Credit	(3.20%)	(0.40%)	(53.20%)
Valuation allowances	21.70%	0.50%	(588.70%)
Foreign earnings	9.10%	4.90%	(367.70%)
U.S. - foreign rate differential	(13.70%)	(3.40%)	483.40%
Other	(2.00%)	0.90%	223.70%
Effective income tax rate	41.50%	31.00%	1604.60%

Income Taxes - Summary of Activ

Income Taxes - Summary of Activity of Company's Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Balance as of beginning of period	$ 798	$ 285	$ 529
Increases related to current period tax positions	130	763	0
Increases related to prior period tax positions	0	0	0
Decrease related to settlements	(92)	(193)	0
Decreases related to lapsing of statutes of limitations	(71)	(57)	(244)
Balance as of end of period	$ 765	$ 798	$ 285

Commitments, Contingencies an82

Commitments, Contingencies and Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Commitment And Contingencies [Line Items]
Lease expire year		2,030
Rent expense		$ 225,543	$ 216,572	$ 200,544
Product royalty expense		45,710	42,679	30,968
Annual management fee		$ 3,000
Annual management fee as percentage of adjusted EBITDA		1.00%
Management fee payment terms		Ten year
Thomas H. Lee Partners, L.P. [Member]
Commitment And Contingencies [Line Items]
Annual management fee		$ 692	2,498	2,233
Advent International Corporation [Member]
Commitment And Contingencies [Line Items]
Annual management fee		$ 238	$ 858	$ 767
Thomas H. Lee Partners, L.P. and Advent International Corporation [Member]
Commitment And Contingencies [Line Items]
Management termination fee	$ 30,697

Commitments, Contingencies an83

Commitments, Contingencies and Related Party Transactions - Summary of Future Minimum Lease Payments Under All Operating Leases (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 155,842
2,017	139,602
2,018	116,776
2,019	92,205
2,020	80,385
Thereafter	221,839
Total Minimum Operating Lease Payments	$ 806,649

Commitments, Contingencies an84

Commitments, Contingencies and Related Party Transactions - Summary of Future Minimum Product Royalties (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 24,863
2,017	21,373
2,018	7,841
2,019	541
2,020	300
Thereafter	0
Total Future Minimum Royalty Payments	$ 54,918

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Segment Reporting [Abstract]
Number of business segments | Segment	2
Export sales | $	$ 22,803	$ 22,023	$ 20,140

Segment Information - Schedule

Segment Information - Schedule of Company's Industry Segment Data (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Net sales	$ 774,341	$ 551,380	$ 491,206	$ 458,195	$ 796,516	$ 538,671	$ 487,182	$ 429,220	$ 2,275,122	$ 2,251,589	$ 2,026,272
Royalties and franchise fees	7,160	4,027	4,314	3,910	7,519	3,990	4,392	3,767	19,411	19,668	18,841
Total revenues									2,294,533	2,271,257	2,045,113
Revenues:
Income from operations	170,668	$ 31,480	$ 46,067	$ 24,004	158,153	$ 28,778	$ 40,305	$ 15,906	272,219	243,142	161,602
Interest expense, net									123,361	155,917	143,406
Other expense, net									130,990	5,891	18,478
Income (loss) before income taxes									17,868	81,334	(282)
Depreciation and amortization									80,515	82,890	94,624
Capital expenditures									78,825	78,241	61,241
Total assets	3,292,403				3,336,491				3,292,403	3,336,491
Wholesale [Member]
Segment Reporting Information [Line Items]
Total revenues									653,598	646,361	592,750
Retail [Member]
Segment Reporting Information [Line Items]
Total revenues									1,640,935	1,624,896	1,452,363
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales									2,848,513	2,818,252	2,514,262
Royalties and franchise fees									19,411	19,668	18,841
Total revenues									2,867,924	2,837,920	2,533,103
Operating Segments [Member] | Wholesale [Member]
Segment Reporting Information [Line Items]
Net sales									1,226,989	1,213,024	1,080,740
Royalties and franchise fees									0	0	0
Total revenues									1,226,989	1,213,024	1,080,740
Revenues:
Income from operations									85,728	74,177	65,997
Depreciation and amortization									29,352	32,446	40,789
Capital expenditures									18,849	27,651	15,796
Total assets	864,698				1,095,803				864,698	1,095,803
Operating Segments [Member] | Retail [Member]
Segment Reporting Information [Line Items]
Net sales									1,621,524	1,605,228	1,433,522
Royalties and franchise fees									19,411	19,668	18,841
Total revenues									1,640,935	1,624,896	1,452,363
Revenues:
Income from operations									186,491	168,965	95,605
Depreciation and amortization									51,163	50,444	53,835
Capital expenditures									59,976	50,590	45,445
Total assets	$ 2,427,705				$ 2,240,688				2,427,705	2,240,688
Eliminations [Member]
Segment Reporting Information [Line Items]
Total revenues									(573,391)	(566,663)	(487,990)
Eliminations [Member] | Wholesale [Member]
Segment Reporting Information [Line Items]
Total revenues									(573,391)	(566,663)	(487,990)
Eliminations [Member] | Retail [Member]
Segment Reporting Information [Line Items]
Total revenues									$ 0	$ 0	$ 0

Segment Information - Schedul87

Segment Information - Schedule of Company's Geographic Segments (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Net sales to unaffiliated customers									$ 2,275,122	$ 2,251,589	$ 2,026,272
Net sales between geographic areas									0	0	0
Net sales	$ 774,341	$ 551,380	$ 491,206	$ 458,195	$ 796,516	$ 538,671	$ 487,182	$ 429,220	2,275,122	2,251,589	2,026,272
Royalties and franchise fees	7,160	4,027	4,314	3,910	7,519	3,990	4,392	3,767	19,411	19,668	18,841
Total revenues									2,294,533	2,271,257	2,045,113
Income from operations	170,668	$ 31,480	$ 46,067	$ 24,004	158,153	$ 28,778	$ 40,305	$ 15,906	272,219	243,142	161,602
Interest expense, net									123,361	155,917	143,406
Other expense, net									130,990	5,891	18,478
Income (loss) before income taxes									17,868	81,334	(282)
Depreciation and amortization									80,515	82,890	94,624
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	282,104				255,549				282,104	255,549
Total assets	3,292,403				3,336,491				3,292,403	3,336,491
Reportable Geographical Components [Member] | Domestic [Member]
Revenues:
Net sales to unaffiliated customers									1,937,793	1,930,270	1,756,375
Net sales between geographic areas									47,752	44,903	34,146
Net sales									1,985,545	1,975,173	1,790,521
Royalties and franchise fees									19,411	19,668	18,841
Total revenues									2,004,956	1,994,841	1,809,362
Income from operations									267,209	236,495	159,481
Depreciation and amortization									74,849	77,445	89,839
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	251,328				231,820				251,328	231,820
Total assets	3,093,949				3,352,865				3,093,949	3,352,865
Reportable Geographical Components [Member] | Foreign [Member]
Revenues:
Net sales to unaffiliated customers									337,329	321,319	269,897
Net sales between geographic areas									74,974	75,462	54,996
Net sales									412,303	396,781	324,893
Royalties and franchise fees									0	0	0
Total revenues									412,303	396,781	324,893
Income from operations									5,010	6,647	2,121
Depreciation and amortization									5,666	5,445	4,785
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	30,776				23,729				30,776	23,729
Total assets	198,454				324,817				198,454	324,817
Eliminations [Member]
Revenues:
Net sales to unaffiliated customers									0	0	0
Net sales between geographic areas									(122,726)	(120,365)	(89,142)
Net sales									(122,726)	(120,365)	(89,142)
Royalties and franchise fees									0	0	0
Total revenues									(122,726)	(120,365)	(89,142)
Income from operations									0	0	$ 0
Total assets	$ 0				$ (341,191)				$ 0	$ (341,191)

Quarterly Results (Unaudited) -

Quarterly Results (Unaudited) - Summary of Historical Revenues Gross Profit Income (Loss) From Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Net sales	$ 774,341	$ 551,380	$ 491,206	$ 458,195	$ 796,516	$ 538,671	$ 487,182	$ 429,220	$ 2,275,122	$ 2,251,589	$ 2,026,272
Royalties and franchise fees	7,160	4,027	4,314	3,910	7,519	3,990	4,392	3,767	19,411	19,668	18,841
Gross profit	362,124	189,850	188,343	163,921	354,234	184,146	182,664	154,839
Income from operations	170,668	31,480	46,067	24,004	158,153	28,778	40,305	15,906	272,219	243,142	161,602
Net (loss) income	$ 86,523	$ (44,489)	$ (23,050)	$ (8,525)	$ 78,989	$ (5,410)	$ 2,456	$ (19,912)	$ 10,459	$ 56,123	$ 4,243
Net (loss) income per common share- Basic	$ 0.73	$ (0.37)	$ (0.20)	$ (0.09)	$ 0.84	$ (0.06)	$ 0.03	$ (0.21)	$ 0.09	$ 0.60	$ 0.04
Net (loss) income per common share- Diluted	$ 0.72	$ (0.37)	$ (0.20)	$ (0.09)	$ 0.83	$ (0.06)	$ 0.03	$ (0.21)	$ 0.09	$ 0.59	$ 0.04

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 773	$ 0
Derivative liabilities	391	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	773	0
Derivative liabilities	391	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 - Sum90

Fair Value Measurements - Summary of Carrying Amount and Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$ 343,721	$ 350,000
Debt Instrument Fair Value	340,375
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	1,314,538
Debt Instrument Fair Value	$ 1,295,722

Derivative Financial Instrume91

Derivative Financial Instruments - Additional Information (Detail)	12 Months Ended
	Dec. 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 Instrume92

Derivative Financial Instruments - Schedule of Fair Values of Derivatives (Detail) - Foreign Exchange Contracts [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	$ 773	$ 0
Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities	$ 391	$ 476

Derivative Financial Instrume93

Derivative Financial Instruments - Schedule of Notional Amounts of Derivatives (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Foreign Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 23,028,000	$ 8,900,000

Changes in Accumulated Other 94

Changes in Accumulated Other Comprehensive (Loss) Income - Changes in Accumulated and Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (12,735)	$ 5,408	$ 6,200
Other comprehensive (loss) income before reclassifications, net of income tax	(19,757)	(18,371)	(354)
Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax	(298)	228	201
Net current-period other comprehensive (loss) income	(20,055)	(18,143)	(153)
Acquisition of noncontrolling interest			(639)
Ending balance	(32,790)	(12,735)	5,408
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(12,969)	5,738	6,425
Other comprehensive (loss) income before reclassifications, net of income tax	(20,432)	(18,707)	(48)
Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax	0	0	0
Net current-period other comprehensive (loss) income	(20,432)	(18,707)	(48)
Acquisition of noncontrolling interest			(639)
Ending balance	(33,401)	(12,969)	5,738
Impact of Foreign Exchange Contracts, Net of Taxes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	234	(330)	(225)
Other comprehensive (loss) income before reclassifications, net of income tax	675	336	(306)
Amounts reclassified from accumulated other comprehensive income (loss) to the consolidated statement of income and comprehensive income, net of income tax	(298)	228	201
Net current-period other comprehensive (loss) income	377	564	(105)
Acquisition of noncontrolling interest			0
Ending balance	$ 611	$ 234	$ (330)

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2016USD ($)Franchised_Stores	Dec. 31, 2015USD ($)Franchised_Stores
Subsequent Event [Line Items]
Number of franchise stores acquired | Franchised_Stores		6
Total consideration amount | $		$ 5,981
Subsequent Event [Member] | Arizona and New Mexico [Member]
Subsequent Event [Line Items]
Number of franchise stores acquired | Franchised_Stores	19
Total consideration amount | $	$ 27,500

Schedule I - Condensed Financ96

Schedule I - Condensed Financial Information of Registrant - Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Other assets (principally investment in and amounts due from wholly-owned subsidiaries)	$ 9,684	$ 6,865
Total assets	3,292,403	3,336,491
LIABILITIES, REDEEMABLE COMMON SECURITIES AND STOCKHOLDERS' EQUITY
Total liabilities	2,379,386	2,814,203
Redeemable common securities (3,088,630 shares issued and outstanding at December 31, 2014)	$ 0	$ 35,062	$ 23,555	$ 22,205
Commitments and contingencies
Stockholders' equity:
Common stock ($0.01 par value; 119,258,374 and 91,007,894 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively)	$ 1,193	$ 910
Additional paid-in capital	904,425	469,117
Retained earnings	40,189	29,934
Accumulated other comprehensive loss	(32,790)	(12,735)	5,408	6,200
Total stockholders' equity	913,017	487,226	$ 456,757	$ 787,450
Total liabilities, redeemable common securities and stockholders' equity	3,292,403	3,336,491
Party City Holdco Inc. [Member]
ASSETS
Other assets (principally investment in and amounts due from wholly-owned subsidiaries)	913,017	522,288
Total assets	913,017	522,288
LIABILITIES, REDEEMABLE COMMON SECURITIES AND STOCKHOLDERS' EQUITY
Total liabilities	0	0
Redeemable common securities (3,088,630 shares issued and outstanding at December 31, 2014)	$ 0	$ 35,062
Commitments and contingencies
Stockholders' equity:
Common stock ($0.01 par value; 119,258,374 and 91,007,894 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively)	$ 1,193	$ 910
Additional paid-in capital	904,425	469,117
Retained earnings	40,189	29,934
Accumulated other comprehensive loss	(32,790)	(12,735)
Total stockholders' equity	913,017	487,226
Total liabilities, redeemable common securities and stockholders' equity	$ 913,017	$ 522,288

Schedule I - Condensed Financ97

Schedule I - Condensed Financial Information of Registrant - Condensed Balance Sheets (Parenthetical) (Detail) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Condensed Financial Statements, Captions [Line Items]
Redeemable common securities, shares issued		3,088,630
Redeemable common securities, shares outstanding		3,088,630
Common stock, par value	$ 0.01
Common stock, shares issued	119,258,374	91,007,894
Common stock, shares outstanding	119,258,374	91,007,894
Party City Holdco Inc. [Member]
Condensed Financial Statements, Captions [Line Items]
Redeemable common securities, shares issued		3,088,630
Redeemable common securities, shares outstanding		3,088,630
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares issued	119,258,374	91,007,894
Common stock, shares outstanding	119,258,374	91,007,894

Schedule I - Condensed Financ98

Schedule I - Condensed Financial Information of Registrant - Condensed Statements of Income and Comprehensive (Loss) Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Income Statements, Captions [Line Items]
Income tax benefit	$ (7,409)	$ (25,211)	$ 4,525
Net income attributable to Party City Holdco Inc.	10,459	56,123	4,019
Other comprehensive loss	(20,055)	(18,143)	(176)
Comprehensive (loss) income	(9,596)	37,980	3,866
Party City Holdco Inc. [Member]
Condensed Income Statements, Captions [Line Items]
Income tax benefit	0	5,918	0
Equity in net income of subsidiaries	10,459	50,205	4,019
Net income attributable to Party City Holdco Inc.	10,459	56,123	4,019
Other comprehensive loss	(20,055)	(18,143)	(153)
Comprehensive (loss) income	$ (9,596)	$ 37,980	$ 3,866

Schedule I - Condensed Financ99

Schedule I - Condensed Financial Information of Registrant - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows (used in) provided by operating activities:
Net income	$ 10,459	$ 56,123	$ 4,019
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Change in due to/from affiliates and income taxes payable	(78,293)	30,035	33,541
Cash flows provided by (used in) financing activities:
Dividend distribution	0	0	(338,015)
Issuance of common stock	397,159	0	750
Exercise of stock options	30	1,080	0
Net change in cash and cash equivalents	(4,295)	21,569	4,746
Cash and cash equivalents at beginning of period	47,214	25,645	20,899
Cash and cash equivalents at end of period	42,919	47,214	25,645
Party City Holdco Inc. [Member]
Cash flows (used in) provided by operating activities:
Net income	10,459	56,123	4,019
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Equity in net income of subsidiaries	(10,459)	(50,205)	(4,019)
Dividends received	0	0	338,015
Change in due to/from affiliates and income taxes payable	(397,189)	(6,998)	(750)
Net cash (used in) provided by operating activities	(397,189)	(1,080)	337,265
Cash flows provided by (used in) financing activities:
Dividend distribution	0	0	(338,015)
Issuance of common stock	397,159	0	750
Exercise of stock options	30	1,080	0
Net cash provided by (used in) financing activities	397,189	1,080	(337,265)
Net change in cash and cash equivalents	0	0	0
Cash and cash equivalents at beginning of period	0	0	0
Cash and cash equivalents at end of period	$ 0	$ 0	$ 0

Dividends from Subsidiaries - A

Dividends from Subsidiaries - Additional Information (Detail) - Party City Holdco Inc. [Member] - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Aug. 01, 2013
Dividends [Line Items]
Dividends received	$ 0	$ 0	$ 338,015,000
Nextco Notes [Member]
Dividends [Line Items]
Issued notes				$ 350,000,000
Notes issued rate				8.75%

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance	$ 2,889	$ 1,362	$ 706
Write-Offs	769	256	423
Additions	223	1,783	1,079
Ending Balance	2,343	2,889	1,362
Sales Returns and Allowances [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance	526	326	371
Write-Offs	78,219	83,750	81,692
Additions	78,348	83,950	81,647
Ending Balance	$ 655	$ 526	$ 326