Party City Holdco (PRTYQ) 10-K 14 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Feb. 15, 2018	Jun. 30, 2017
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
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	Accelerated Filer
Entity Common Stock, Shares Outstanding		96,394,102
Entity Public Float			$ 480,211,611

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 54,291	$ 64,610
Accounts receivable, net	140,980	134,091
Inventories, net	604,066	613,868
Prepaid expenses and other current assets	77,816	68,255
Total current assets	877,153	880,824
Property, plant and equipment, net	301,141	292,904
Goodwill	1,619,253	1,572,568
Trade names	568,681	566,599
Other intangible assets, net	75,704	76,581
Other assets, net	12,824	4,502
Total assets	3,454,756	3,393,978
Current liabilities:
Loans and notes payable	286,291	120,138
Accounts payable	160,994	163,415
Accrued expenses	176,609	149,683
Income taxes payable	45,568	46,675
Current portion of long-term obligations	13,059	13,348
Total current liabilities	682,521	493,259
Long-term obligations, excluding current portion	1,532,090	1,539,604
Deferred income tax liabilities	175,836	278,819
Deferred rent and other long-term liabilities	91,929	65,507
Total liabilities	2,482,376	2,377,189
Redeemable securities	3,590	0
Commitments and contingencies
Stockholders' equity:
Common stock (96,380,102 and 119,515,894 shares outstanding and 119,759,669 and 119,515,894 shares issued at December 31, 2017 and December 31, 2016, respectively)	1,198	1,195
Additional paid-in capital	917,192	910,167
Retained earnings	372,596	157,666
Accumulated other comprehensive loss	(35,818)	(52,239)
Total Party City Holdco Inc. stockholders' equity before common stock held in treasury	1,255,168	1,016,789
Less: Common stock held in treasury, at cost (23,379,567 shares at December 31, 2017)	(286,733)	0
Total Party City Holdco Inc. stockholders' equity	968,435	1,016,789
Noncontrolling interests	355	0
Total stockholders' equity	968,790	1,016,789
Total liabilities, redeemable securities and stockholders' equity	$ 3,454,756	$ 3,393,978

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, shares outstanding	96,380,102	119,515,894
Common stock, shares issued	119,759,669	119,515,894
Treasury stock, shares	23,379,567

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net sales	$ 2,357,986	$ 2,266,386	$ 2,275,122
Royalties and franchise fees	13,583	17,005	19,411
Total revenues	2,371,569	2,283,391	2,294,533
Expenses:
Cost of sales	1,395,279	1,350,387	1,370,884
Wholesale selling expenses	65,356	59,956	64,260
Retail operating expenses	415,167	408,583	401,039
Franchise expenses	14,957	15,213	14,394
General and administrative expenses	168,369	152,919	151,097
Art and development costs	23,331	22,249	20,640
Development stage expenses	8,974	0	0
Total expenses	2,091,433	2,009,307	2,022,314
Income from operations	280,136	274,084	272,219
Interest expense, net	87,366	89,380	123,361
Other expense (income), net	4,626	(2,010)	130,990
Income before income taxes	188,144	186,714	17,868
Income tax (benefit) expense	(27,196)	69,237	7,409
Net income	$ 215,340	$ 117,477	$ 10,459
Net income per common share-basic	$ 1.81	$ 0.98	$ 0.09
Net income per common share-diluted	$ 1.79	$ 0.98	$ 0.09
Weighted-average number of common shares-basic	118,589,421	119,381,842	111,917,168
Weighted-average number of common shares-diluted	119,894,021	120,369,672	112,943,807
Other comprehensive income (loss), net of tax:
Foreign currency adjustments	$ 17,561	$ (19,770)	$ (20,432)
Cash flow hedges	(1,140)	321	377
Other comprehensive income (loss), net	16,421	(19,449)	(20,055)
Comprehensive income (loss)	$ 231,761	$ 98,028	$ (9,596)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Total Party City Holdco Inc. Stockholders' Equity Before Common Stock Held In Treasury [Member]	Common Stock Held In Treasury [Member]	Total Party City Holdco Inc. Stockholders' Equity [Member]	Non-Controlling Interests [Member]
Balance at Dec. 31, 2014	$ 487,226	$ 910	$ 469,117	$ 29,934	$ (12,735)	$ 487,226	$ 0	$ 487,226	$ 0
Net income	10,459			10,459		10,459		10,459
Employee equity based compensation	3,042		3,042			3,042		3,042
Adjustment to redeemable securities	35,062	31	35,031			35,062		35,062
Issuance of common stock	397,159	252	396,907			397,159		397,159
Exercise of stock options	30		30			30		30
Foreign currency adjustments	(20,432)				(20,432)	(20,432)		(20,432)
Excess tax benefit from stock options	298		298			298		298
Spin-off of subsidiary	(204)			(204)		(204)		(204)
Impact of foreign exchange contracts	377				377	377		377
Balance at Dec. 31, 2015	913,017	1,193	904,425	40,189	(32,790)	913,017	0	913,017	0
Net income	117,477			117,477		117,477		117,477
Employee equity based compensation	3,853		3,853			3,853		3,853
Exercise of stock options	1,373	2	1,371			1,373		1,373
Foreign currency adjustments	(19,770)				(19,770)	(19,770)		(19,770)
Excess tax benefit from stock options	518		518			518		518
Impact of foreign exchange contracts	321				321	321		321
Balance at Dec. 31, 2016	1,016,789				(52,239)
Balance at Dec. 31, 2016	1,016,789	1,195	910,167	157,666	(52,239)	1,016,789	0	1,016,789	0
Net income	215,340			215,340		215,340		215,340
Employee equity based compensation	5,309		5,309			5,309		5,309
Warrant	421		421			421		421
Adjustment to redeemable securities	(410)			(410)		(410)		(410)
Exercise of stock options	1,298	3	1,295			1,298		1,298
Foreign currency adjustments	17,561				17,561	17,561		17,561
Treasury stock purchases	(286,733)					0	(286,733)	(286,733)
Acquired noncontrolling interest	355					0		0	355
Impact of foreign exchange contracts	(1,140)				(1,140)	(1,140)		(1,140)
Balance at Dec. 31, 2017	968,435				(35,818)
Balance at Dec. 31, 2017	$ 968,790	$ 1,198	$ 917,192	$ 372,596	$ (35,818)	$ 1,255,168	$ (286,733)	$ 968,435	$ 355

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows provided by operating activities:
Net income	$ 215,340	$ 117,477	$ 10,459
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	85,168	83,630	80,515
Amortization of deferred financing costs	4,937	5,818	40,516
Provision for doubtful accounts	560	781	223
Deferred income tax (benefit) expense	(102,651)	3,401	(6,178)
Deferred rent	7,287	18,835	13,407
Undistributed (gain) loss in unconsolidated joint ventures	(194)	314	562
Impairment of intangible assets	0	0	852
Loss (gain) on disposal of equipment	475	14	(2,593)
Non-employee equity based compensation	3,033	0	0
Employee equity based compensation	5,309	3,853	3,042
Changes in operating assets and liabilities, net of effects of acquired businesses:
Decrease (increase) in accounts receivable	1,153	(5,898)	6,868
Decrease (increase) in inventories	37,175	(42,819)	15,515
Increase in prepaid expenses and other current assets	(9,079)	(14,499)	(4,683)
Increase (decrease) in accounts payable, accrued expenses and income taxes payable	19,408	86,893	(78,293)
Net cash provided by operating activities	267,921	257,800	80,212
Cash flows used in investing activities:
Cash paid in connection with acquisitions, net of cash acquired	(74,710)	(31,820)	(22,615)
Capital expenditures	(66,970)	(81,948)	(78,825)
Proceeds from disposal of property and equipment	35	35	1,304
Net cash used in investing activities	(141,645)	(113,733)	(100,136)
Cash flows (used in) provided by financing activities:
Repayment of loans, notes payable and long-term obligations	(234,619)	(1,521,218)	(2,561,594)
Proceeds from loans, notes payable and long-term obligations	380,092	1,399,717	2,198,600
Cash held in escrow in connection with acquisitions	0	0	(3,832)
Excess tax benefit from stock options	0	518	298
Exercise of stock options	1,298	1,373	30
Treasury stock purchases	(286,733)	0	0
Issuance of common stock	0	0	397,159
Debt issuance costs	0	(130)	(11,720)
Net cash (used in) provided by financing activities	(139,962)	(119,740)	18,941
Effect of exchange rate changes on cash and cash equivalents	3,367	(2,636)	(3,312)
Net (decrease) increase in cash and cash equivalents	(10,319)	21,691	(4,295)
Cash and cash equivalents at beginning of period	64,610	42,919	47,214
Cash and cash equivalents at end of period	54,291	64,610	42,919
Cash paid during the period
Interest	76,171	86,183	143,458
Income taxes, net of refunds	$ 66,445	$ 26,883	$ 40,134

Consolidated Statements of Cas7

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement of Cash Flows [Abstract]
Capital lease obligations	$ 1,553	$ 1,623	$ 223

Organization, Description of Bu

Organization, Description of Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2017
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 and stationery throughout the world. The Company’s operations include over 900 specialty retail party supply stores (including franchise stores) in the United States and Canada operating under the names Party City and Halloween City, and e-commerce 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 most of the Company’s operating subsidiaries.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
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 53-week 13-week 53-week 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 and net realizable value. The Company principally determines the cost of inventory using the weighted average method. The Company estimates retail inventory shrinkage for the period between physical inventory dates on a store-by-store 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, 2017 and December 31, 2016, the allowance for doubtful accounts was $2,971 and $2,683, 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(s) exceeds the fair value of the asset(s). 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 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 fair value of a reporting unit is less than its carrying value, the Company estimates the fair value of the 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 are netted against amounts outstanding under the related 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, 2017 and 2016 was $76,994 and $68,857, respectively. Equity Method Investments The Company has an investment in Convergram Mexico, S. De R.L. De C.V., a joint venture distributing metallic balloons, principally in Mexico and Latin America. The Company accounts for its 49.9% investment in the joint venture using the equity method. Additionally, the Company has an investment in PD Retail Group Limited, a joint venture operating party goods stores in the United Kingdom (“U.K.”). The Company accounts for its 50% investment using the equity method. Also, during April 2017, the Company paid approximately $4,000 for a 28% ownership interest in Punchbowl, Inc., a provider of digital greeting cards and digital invitations. The Company is accounting for the investment under the equity method of accounting. The Company’s investments are included in other assets on the consolidated balance sheet and the results of the investees’ operations are included in other expense (income) in the consolidated statement of operations 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 Revenue from retail store operations is recognized at the point of sale. Retail e-commerce The transaction price for the overwhelming majority of the Company’s retail sales is based on either: 1) the item’s stated price or 2) the stated price adjusted for the impact of a coupon which can only be applied to such transaction. To the extent that the Company charges customers for freight costs on e-commerce Under the terms of its agreements with its franchisees, the Company provides both: 1) brand value (via significant advertising spend) and 2) support with respect to planograms, in exchange for a royalty fee that ranges from 4% to 6% of the franchisees’ sales. The Company records the royalty fees at the time that the franchisees’ sales are recorded. Additionally, although the Company anticipates that future franchise store openings will be limited, when a franchisee opens a new store, the Company receives and records a one-time one-time For most of the Company’s wholesale sales, revenue is recognized upon the Company’s shipment of the product as: 1) legal title transfers on such date and 2) the Company has a present right to payment at such time. Wholesale sales returns are not significant as the Company generally only accepts the return of goods that were shipped to the customer in error or that were damaged when received by the customer. Additionally, due to its extensive history operating as a leading party goods wholesaler, the Company has sufficient history with which to estimate future sales returns. In most cases, the determination of the transaction price is straight-forward as it is fixed based on the contract and/or purchase order. However, a limited number of customers receive volume-based rebates. Additionally, certain customers receive small discounts for early payment (generally 1% of the transaction price). Based on the business’ long history as a leading party goods wholesaler, the Company has sufficient history with which to estimate variable consideration for such volume-based rebates and early payment discounts. To the extent that the Company charges customers for freight costs, the Company records such amounts in revenue. The Company excludes all sales taxes and value-added taxes from revenue. The majority of the sales for the Company’s wholesale business are due within 30 to 120 days from the transfer of control of the product and substantially all of the sales are collected within a year from such transfer. Although most of the Company’s revenue transactions consist of fixed transaction prices and the transfer of control at either the point of sale (for retail) or when the product is shipped (for wholesale), certain transactions involve a limited number of judgments. For transactions for which control transfers to the customer when the freight carrier delivers the product to the customer, the Company estimates the date of such receipt based on historical shipping times. Additionally, the Company utilizes historical data to estimate sales returns, volume-based rebates and discounts for early payments by customers. Due to its extensive history operating as a leading party goods retailer and wholesaler, the Company has sufficient history with which to estimate such amounts. 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 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. 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. Catalog Costs The Company expenses costs associated with the production of catalogs when incurred. Advertising Advertising costs are expensed as incurred. Retail advertising expenses for the years ended December 31, 2017, December 31, 2016, and December 31, 2015 were $61,187, $63,528, and $62,495, respectively. Variable Interest Entities When determining whether a legal entity should be consolidated, the Company first determines whether it has a variable interest in the legal entity. If a variable interest exists, the Company determines whether the legal entity is a variable interest entity due to either: 1) a lack of sufficient equity to finance its activities, 2) the equity holders lacking the characteristics of a controlling financial interest or 3) the legal entity being structured with non-substantive During the first quarter of 2017, the Company and Ampology, a subsidiary of Trivergence, reached an agreement to form a new legal entity, Kazzam, LLC (“Kazzam”), for the purpose of designing, developing and launching an online exchange platform for party-related services. Although the Company currently only owns 30% of Kazzam’s equity, the Company has concluded that: a) Kazzam is a variable interest entity as it has insufficient equity at risk and b) the Company is its primary beneficiary. Therefore, the Company has consolidated Kazzam into the Company’s financial statements. As part of Ampology’s compensation for designing, developing and launching the exchange platform, Ampology received a 70% ownership interest in Kazzam. The 70% interest has been recorded as redeemable securities in the mezzanine of the Company’s consolidated balance sheet as, in the future, Ampology has the right to cause the Company to purchase the interest. On a recurring basis, the mezzanine liability is adjusted to the greater of: a) the interest’s carrying amount under Accounting Standards Codification (“ASC”) Topic 810, “Consolidation”, or b) the fair value of the interest. 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 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 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 and warrants as if they were exercised. A reconciliation between basic and diluted income per share is as follows: Year Ended Year Ended Year Ended 2015 Net income attributable to Party City Holdco Inc.: $ 215,340 $ 117,477 $ 10,459 Adjustment to Kazzam liability (see above): (410 ) 0 0 Numerator for earnings per share: $ 214,930 $ 117,477 $ 10,459 Weighted average shares — Basic: 118,589,421 119,381,842 111,917,168 Effect of dilutive warrants: 0 0 0 Effect of dilutive stock options: 1,304,600 987,830 1,026,639 Weighted average shares — Diluted: 119,894,021 120,369,672 112,943,807 Net income per common share — Basic: $ 1.81 $ 0.98 $ 0.09 Net income per common share — Diluted: $ 1.79 $ 0.98 $ 0.09 During the years ended December 31, 2017, December 31, 2016 and December 31, 2015, 2,392,150 stock options, 2,371,876 stock options and 1,991,965 stock options, respectively, were excluded from the calculations of net income per common share — diluted as they were anti-dilutive. Additionally, during the years ended December 31, 2017, December 31, 2016 and December 31, 2015, 596,000 warrants, 0 warrants and 0 warrants, respectively, were excluded from the calculations of net income per common share — diluted as they were anti-dilutive. Recently Issued Accounting Pronouncements In August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-12, In November 2016, the FASB issued ASU 2016-18, In August 2016, the FASB issued ASU 2016-15, In March 2016, the FASB issued ASU 2016-09, In February 2016, the FASB issued ASU 2016-02, In January 2016, the FASB issued ASU 2016-01, In July 2015, the FASB issued ASU 2015-11, In May 2014, the FASB issued ASU 2014-09,

Inventories, Net

Inventories, Net	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventories, Net	Note 3 — Inventories, Net Inventories consisted of the following: December 31, 2017 2016 Finished goods $ 562,809 $ 581,277 Raw materials 30,346 23,222 Work in process 10,911 9,369 $ 604,066 $ 613,868

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2017
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, 2017 2016 Useful lives Machinery and equipment $ 187,937 $ 157,170 3-15 years Buildings 68,451 67,851 40 years Data processing 63,354 49,688 3-5 Leasehold improvements 120,146 109,218 1-10 Furniture and fixtures 177,309 163,539 5-10 Land 10,733 10,450 627,930 557,916 Less: accumulated depreciation (326,789 ) (265,012 ) $ 301,141 $ 292,904 Depreciation expense related to property, plant and equipment, including assets under capital leases, was $68,209, $66,383, and $61,630, for the years ended December 31, 2017, December 31, 2016, and December 31, 2015, respectively.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2017
Business Combinations [Abstract]
Acquisitions	Note 5 — Acquisitions During January 2017, the Company acquired 18 franchise stores, which are located mostly in Louisiana and Alabama, for total consideration of approximately $16, 000. The following summarizes the fair values of the major classes of assets acquired and liabilities assumed: inventories of $7,600, property, plant and equipment of $2,000, a reacquired right intangible asset in the amount of $3,900 and an asset in the amount of $1,400 due to leases that are favorable when compared to market rates. The allocation of the purchase price, which has been finalized, was based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed. Goodwill, which is tax-deductible, During March 2017, the Company acquired 85% of the common stock of Granmark, S.A. de C.V. (“Granmark”), a Mexican manufacturer and wholesaler of party goods, for total consideration of approximately $22,000 (exclusive of $5,600 of cash acquired). Based on the terms of the acquisition agreement, the Company is required to acquire the remaining 15% interest over a three to five year period and it has recorded a liability for the estimated purchase price of such interest, $2,874 at December 31, 2017. The following summarizes the fair values of the major classes of assets acquired and liabilities assumed: accounts receivable of $4,600, inventories of $3,300, other current assets of $900, property, plant and equipment of $3,100, a customer lists intangible asset in the amount of $4,700, a trade name intangible asset in the amount of $900, accounts payable of $1,500, accrued expenses of $2,700, deferred tax liabilities of $800 and loans and notes payable of $6,500. The allocation of the purchase price, which has been finalized, was based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed. Goodwill, which is not tax-deductible, Also, during March 2017, the Company acquired an additional 18 franchise stores, which are located in North Carolina and South Carolina, for total consideration of approximately $32,000. The following summarizes the fair values of the major classes of assets acquired and liabilities assumed: inventories of $7,700, property, plant and equipment of $500, a reacquired right intangible asset in the amount of $5,500, an asset in the amount of $300 due to leases that are favorable when compared to market rates and a deferred tax asset in the amount of $800. The allocation of the purchase price, which has been finalized, was based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed. Goodwill, which is tax-deductible, During April 2017, the Company paid approximately $4,000 for a 28% ownership interest in Punchbowl, Inc., a provider of digital greeting cards and digital invitations. The Company is accounting for the investment under the equity method of accounting. During July 2017, the Company acquired 60% of the common stock of Print Appeal, Inc. (“Print Appeal”), a wholesaler of personalized cups, napkins, and other items, for total consideration of approximately $3,000 (exclusive of $600 of cash acquired). Based on the terms of the acquisition agreement, the Company is required to acquire the remaining 40% interest over a four to six year period and it has recorded a liability for the estimated purchase price of such interest, $3,063 at December 31, 2017. The allocation of the purchase price has been finalized. During December 2017, the Company acquired seven independent party stores, which are located in Oklahoma, for total consideration of approximately $6,000. The Company is in the process of finalizing the purchase price allocation. Pro forma financial information has not been presented because the impact of the acquisitions individually, and in the aggregate, is not material to the Company’s consolidated financial results. Goodwill Changes by Reporting Segment For the years ended December 31, 2017 and December 31, 2016 goodwill changes, by reporting segment, were as follows: Year Ended Year Ended Wholesale segment: Beginning balance $ 491,859 $ 494,299 Granmark acquisition 13,241 0 Print Appeal acquisition 3,133 0 Other acquisitions 1,348 3,572 Foreign currency impact 4,365 (6,012 ) Ending balance 513,946 491,859 Retail segment: Beginning balance 1,080,709 1,068,216 Store acquisitions 23,025 12,869 Foreign currency impact 1,573 (376 ) Ending balance 1,105,307 1,080,709 Total ending balance, both segments $ 1,619,253 $ 1,572,568

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 6 — Intangible Assets The Company had the following other identifiable intangible assets: December 31, 2017 Cost Accumulated Net Useful lives Retail franchise licenses $ 81,600 $ 35,700 $ 45,900 4-19 years Customer lists and relationships 61,527 36,268 25,259 2-20 Copyrights and designs 29,030 27,406 1,624 5-7 Leasehold interests 16,850 14,229 2,621 1-17 Non-compete 500 200 300 5 years Total $ 189,507 $ 113,803 $ 75,704 December 31, 2016 Cost Accumulated Net Useful lives Retail franchise licenses $ 72,200 $ 27,600 $ 44,600 4-19 Customer lists and relationships 56,385 30,796 25,589 3-20 Copyrights and designs 29,030 24,454 4,576 5-7 Leasehold interests 15,556 14,140 1,416 1-11 Non-compete 500 100 400 5 years Total $ 173,671 $ 97,090 $ 76,581 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, 2017, December 31, 2016, and December 31, 2015 was $16,959, $17,247, and $18,885, respectively. Estimated amortization expense for each of the next five years will be approximately $14,239, $12,987, $10,043, $8,461, and $6,034, respectively. In addition to the Company’s finite-lived intangible assets, the Company has recorded indefinite-lived intangible assets for the Party City trade name, the Amscan trade name, the Halloween City trade name, the Christys trade name, the Granmark trade name, the partycity.com domain name and the partydelights.co.uk domain name.

Loans and Notes Payable

Loans and Notes Payable	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Loans and Notes Payable	Note 7 — Loans and Notes Payable ABL Facility The Company has 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”), which matures on August 19, 2020. It provides for (a) revolving loans, 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. All capitalized costs are being amortized over the life of the ABL Facility and are included in loans and notes payable in the Company’s consolidated balance sheet. The balance of related unamortized financing costs at December 31, 2017 was $2,210. Borrowings under the ABL Facility totaled $286,250 at December 31, 2017. The weighted average interest rate for such borrowings was 4.63% at December 31, 2017. Outstanding standby letters of credit totaled $26,328 at December 31, 2017 and, after considering borrowing base restrictions, at December 31, 2017 PCHI had $171,955 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, 2017 and December 31, 2016, there were $2,251 and $1,162 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, 2017
Debt Disclosure [Abstract]
Long-Term Obligations	Note 8 — Long-Term Obligations Long-term obligations consisted of the following: December 31, 2017 2016 Senior secured term loan facility (“Term Loan Credit Agreement”) $ 1,196,505 $ 1,205,496 6.125% senior notes (“Senior Notes”) 345,368 344,544 Capital lease obligations 3,276 2,912 Total long-term obligations 1,545,149 1,552,952 Less: current portion (13,059 ) (13,348 ) Long-term obligations, excluding current portion $ 1,532,090 $ 1,539,604 Term Loan Credit Agreement During October 2016, the Company amended its Term Loan Credit Agreement. In conjunction with the amendment, the Company borrowed $100,000 under its ABL Facility and used the proceeds to make a voluntary prepayment of a portion of the outstanding balance under the Term Loan Credit Agreement. At the time of the amendment, all outstanding term loans were replaced with new term loans for the same principal amount. The applicable margin for ABR borrowings was lowered from 2.25% to 2.00% and the applicable margin for LIBOR borrowings was lowered from 3.25% to 3.00%. Additionally, the LIBOR floor was lowered from 1.00% to 0.75%. During February 2018, the Company amended the Term Loan Credit Agreement again. The applicable margin for ABR borrowings was lowered from 2.00% to 1.75% and the applicable margin for LIBOR borrowings was lowered from 3.00% to 2.75%. Additionally, based on the terms of the amendment, the ABR and LIBOR margins will drop to 1.50% and 2.50%, respectively, if the Company’s Senior Secured Leverage Ratio, as defined by the agreement, falls below 3.2 to 1.0. See Note 22 for further discussion. The amended agreement provides for two pricing options: (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) 1.75% or (ii) the LIBOR rate, with a LIBOR floor of 0.75%, in each case plus an applicable margin. The February 2018 amendment provides that the term loans are subject to a 1.00% prepayment premium if voluntarily repaid within six months from the date of the amendment. Otherwise, the term loans may be voluntarily prepaid at any time without premium or penalty, other than customary breakage costs with respect to loans based on the LIBOR rate. Outstanding 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 (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. At December 31, 2017, the principal amount of term loans outstanding under the Term Loan Credit Agreement was $1,211,268. Such amount is recorded net of original issue discounts, capitalized call premiums and deferred financing costs on the Company’s consolidated balance sheet. At December 31, 2017, original issue discounts, capitalized call premiums and deferred financing costs totaled $14,763. At December 31, 2017, all outstanding borrowings were based on LIBOR and were at a weighted average interest rate of 4.46%. Senior Notes 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. Interest accrues at 6.125%. 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 debt and are included in long-term obligations, excluding current portion, in the Company’s consolidated balance sheet. At December 31, 2017, $4,632 of costs were capitalized. Other Indebtedness Additionally, the Company has entered into various capital leases for machinery and equipment. At December 31, 2017 and December 31, 2016 the balances of such leases were $3,276 and $2,912, respectively. 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, 2017, 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, 2017, PCHI had $87,087 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, 2017, maturities of long-term obligations consisted of the following: Long-Term Debt Capital Lease Totals 2018 $ 12,266 $ 793 $ 13,059 2019 12,266 716 12,982 2020 12,266 604 12,870 2021 12,266 800 13,066 2022 1,162,204 363 1,162,567 Thereafter 350,000 0 350,000 Long-term obligations $ 1,561,268 $ 3,276 $ 1,564,544

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Capital Stock	Note 9 — Capital Stock At December 31, 2017, the Company’s authorized capital stock consisted of 300,000,000 shares of $0.01 par value common stock and 15,000,000 shares of $0.01 par value preferred stock. The changes in common shares outstanding during the three years ended December 31, 2015, December 31, 2016 and December 31, 2017 were as follows: Common Shares Outstanding at December 31, 2014 91,007,894 Adjustment to redeemable securities 3,088,630 Issuance of common stock 25,156,250 Exercise of stock options 5,600 Common Shares Outstanding at December 31, 2015 119,258,374 Exercise of stock options 257,520 Common Shares Outstanding at December 31, 2016 119,515,894 Exercise of stock options 243,775 Treasury stock purchases (23,379,567 ) Common Shares Outstanding at December 31, 2017 96,380,102 During the year ended December 31, 2017, the Company acquired 23,379,567 treasury shares for $286,733. The shares are included in “common stock held in treasury” on the Company’s consolidated balance sheet.

Other Expense (Income), net

Other Expense (Income), net	12 Months Ended
	Dec. 31, 2017
Text Block [Abstract]
Other Expense (Income), net	Note 10 — Other Expense (Income), net Year Ended Year Ended Year Ended Other expense (income), net consists of the following: Undistributed (gain) loss in unconsolidated joint ventures $ (194 ) $ 314 $ 562 Foreign currency losses (gains) 466 (7,417 ) 3,691 Debt refinancings (a) 0 1,458 94,607 Management agreement termination fee (b) 0 0 30,697 Corporate development expenses 2,660 3,290 1,786 Other, net 1,694 345 (353 ) Other expense (income), net $ 4,626 $ (2,010 ) $ 130,990 (a) In August 2015, the Company refinanced its debt and recorded $79,010 of charges in other expense related to call premiums, third-party costs and the write-off write-off (b) In conjunction with the initial public offering, the Company paid a management agreement termination fee to affiliates of THL and Advent. See Note 14 for further discussion.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2017
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, 2017, December 31, 2016, and December 31, 2015 totaled $6,565, $5,792, and $5,196, respectively.

Equity Incentive Plans

Equity Incentive Plans	12 Months Ended
	Dec. 31, 2017
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 $5,309, $3,853, and $3,042 during the years ended December 31, 2017, December 31, 2016, and December 31, 2015, respectively. The fair value of time-based options granted during the year ended December 31, 2017 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 1.79% to 2.22% Volatility 25.44% to 27.05% Expected option term 5.5 years – 6.5 years 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 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, 2017, 3,673,600 performance-based options were outstanding. Based on a Monte Carlo simulation and the following assumptions, the options have an average grant date fair value of $3.09 per option: Expected dividend rate 0% Risk-free interest rate 1.86% Volatility 52.00% Expected option term 5 years As Party City Holdco’s stock was not publicly traded when the performance-based options were granted, the Company determined volatility based on the average historical volatility of guideline companies. The following table summarizes the changes in outstanding stock options for the years ended December 31, 2015, December 31, 2016 and December 31, 2017. Options Average Average Fair Value of Grant Date Aggregate Weighted Average Remaining Outstanding at December 31, 2014 6,686,400 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 Granted 484,950 15.78 4.68 Exercised (257,520 ) 5.33 Forfeited (283,249 ) 10.05 Outstanding at December 31, 2016 8,461,826 8.74 46,214 6.9 Granted 101,444 14.38 4.46 Exercised (243,775 ) 5.33 Forfeited (294,734 ) 9.47 Outstanding at December 31, 2017 8,024,761 $ 8.89 $ 40,634 6.0 Exercisable at December 31, 2017 2,795,414 $ 9.07 $ 13,636 5.9 Expected to vest at December 31, 2017 (excluding performance-based options) 1,555,747 $ 16.95 $ (4,667 ) 7.7 The intrinsic value of options exercised was $1,972, $2,726 and $60 for the years ended December 31, 2017, December 31, 2016, and December 31, 2015, respectively. The fair value of options vested was $4,354, $4,110, and $1,726, during the years ended December 31, 2017, December 31, 2016, and December 31, 2015, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 13 — Income Taxes On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (“the Act”) was signed into law. The Act significantly changed U.S. tax law, including lowering the U.S. corporate income tax rate from 35% to 21%, effective January 1, 2018, and implementing a one-time non-U.S. A summary of domestic and foreign income before income taxes and including noncontrolling interest follows: Year Ended 2017 Year Ended 2016 Year Ended 2015 Domestic $ 153,280 $ 152,800 $ 7,180 Foreign 34,864 33,914 10,688 Total $ 188,144 $ 186,714 $ 17,868 The income tax (benefit) expense consisted of the following: Year Ended 2017 Year Ended 2016 Year Ended 2015 Current: Federal $ 61,890 $ 50,851 $ 8,137 State 6,267 8,121 2,652 Foreign 7,298 6,864 2,798 Total current expense 75,455 65,836 13,587 Deferred: Federal (101,774 ) 3,290 (6,710 ) State (796 ) (906 ) (1,086 ) Foreign (81 ) 1,017 1,618 Total deferred (benefit) expense (102,651 ) 3,401 (6,178 ) Income tax (benefit) expense $ (27,196 ) $ 69,237 $ 7,409 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. The deferred federal income tax benefit for the year ended December 31, 2017 includes a $90,965 provisional benefit due to the Act lowering the U.S. corporate income tax rate from 35% to 21%. See above for further discussion. Deferred income tax assets and liabilities consisted of the following: December 31, 2017 2016 Deferred income tax assets: Inventory valuation $ 7,064 $ 10,138 Allowance for doubtful accounts 746 893 Accrued liabilities 8,130 10,402 Equity based compensation 3,145 3,236 Federal tax loss carryforwards 960 2,715 State tax loss carryforwards 1,726 1,070 Foreign tax loss carryforwards 14,151 13,992 Foreign tax credit carryforwards 6,412 1,418 Deferred rent 9,867 11,816 Other 166 509 Deferred income tax assets before valuation allowances 52,367 56,189 Less: valuation allowances (24,073 ) (17,331 ) Deferred income tax assets, net $ 28,294 $ 38,858 Deferred income tax liabilities: Property, plant and equipment $ 13,855 $ 24,055 Intangible assets 145,066 218,046 Amortization of goodwill and other assets 42,297 61,163 Foreign earnings expected to be repatriated 586 10,954 Other 1,176 2,655 Deferred income tax liabilities $ 202,980 $ 316,873 In the Company’s December 31, 2017 consolidated balance sheet, $1,150 was included in “other assets, net” and $175,836 was included in deferred income tax liabilities. At December 31, 2016, $804 was included in “other assets, net” and $278,819 was included in deferred income tax liabilities. 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, As of December 31, 2017, the Company had foreign tax-effected The difference between the Company’s effective income tax rate and the U.S. statutory income tax rate is as follows: Year Ended 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 1.9 2.5 5.7 Domestic production activities deduction (1.4 ) (1.0 ) (5.1 ) Contingent consideration adjustment 0.2 (0.1 ) (6.0 ) Work Opportunity Tax Credit (0.4 ) (0.3 ) (3.2 ) Valuation allowances 2.1 0.5 21.7 Foreign earnings (1.7 ) 2.3 9.1 U.S. — foreign rate differential (1.9 ) (2.4 ) (13.7 ) Transition Tax on unremitted foreign earnings, net 0.6 0.0 0.0 Effect of the Act on Federal deferred income tax assets and liabilities (48.4 ) 0.0 0.0 Other (0.5 ) 0.6 (2.0 ) Effective income tax rate (14.5 )% 37.1 % 41.5 % Transition Tax on Unremitted Foreign Earnings: one-time Effect of the Act on Federal Deferred Income Tax Assets and Liabilities: Other differences between the effective income tax rate and the federal statutory income tax rate are composed primarily of reserves for unrecognized tax benefits, non-deductible The following table summarizes the activity related to the Company’s gross unrecognized tax benefits: Year Ended Year Ended Year Ended 2015 Balance as of beginning of period $ 913 $ 765 $ 798 Increases related to current period tax positions 100 444 130 (Decreases) increases related to prior period tax positions (158 ) 339 0 Decreases related to settlements 0 (635 ) (92 ) Decreases related to lapsing of statutes of limitations 0 0 (71 ) Balance as of end of period $ 855 $ 913 $ 765 The Company’s total unrecognized tax benefits that, if recognized, would impact the Company’s effective tax rate were $855 and $913 at December 31, 2017 and 2016, respectively. As of December 31, 2017, 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 $73 and $28 for the potential payment of interest and penalties at December 31, 2017 and 2016, respectively. Such amounts are not included in the table above. The IRS is currently conducting an examination of the year ended December 31, 2015. For U.S. state income tax purposes, tax years 2013-2017 generally remain open; whereas for non-U.S.

Commitments, Contingencies and

Commitments, Contingencies and Related Party Transactions	12 Months Ended
	Dec. 31, 2017
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 At December 31, 2017, future minimum lease payments under all operating leases consisted of the following: Future Minimum 2018 $ 186,278 2019 161,996 2020 146,603 2021 132,217 2022 115,502 Thereafter 310,992 $ 1,053,588 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, 2017, December 31, 2016, and December 31, 2015 was $255,615, $235,790, and $225,543, respectively, and included immaterial amounts of rent expense related to contingent rent. Litigation On April 5, 2016, a derivative complaint was filed in the Supreme Court for the State of New York, naming certain directors and executives as defendants, and naming the Company as a nominal defendant. The complaint seeks unspecified damages and costs, and corporate governance reforms, for alleged injury to the Company in connection with public filings related to the Company’s April 2015 IPO, compensation paid to executives, and the termination of the management agreement disclosed in the initial public offering-related public filings. 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. Additionally, 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. 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, 2017, the Company’s commitment to pay future minimum product royalties was as follows: Future Minimum 2018 $ 29,879 2019 18,982 2020 6,992 2021 150 2022 0 Thereafter 0 $ 56,003 Product royalty expense for the years ended December 31, 2017, December 31, 2016, and December 31, 2015 was $46,242, $43,914, and $45,710, respectively. 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. Such amounts were recorded in general and administrative expenses in the Company’s consolidated statement of operations 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. Morry Weiss became a member of the Company’s Board of Directors in June 2015. He is the Chairman of the Board of American Greetings Corporation (“American Greetings”). During the years ended December 31, 2017, December 31, 2016 and December 31, 2015, the Company had $22,100, $19,600 and $30,100, respectively, of sales to American Greetings in the ordinary course of business. Additionally, during such years, the Company purchased $3,700, $2,700 and $3,500, respectively, of product from American Greetings, also in the ordinary course. Additionally, in the normal course of business, the Company buys and sells party goods from/to certain equity method investees. Such activity is immaterial to the Company’s consolidated financial statements.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2017
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 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 The Company’s industry segment data for the years ended December 31, 2017, December 31, 2016, and December 31, 2015 are as follows: Wholesale Retail Consolidated Year Ended December 31, 2017 Revenues: Net sales $ 1,260,089 $ 1,728,589 $ 2,988,678 Royalties and franchise fees 0 13,583 13,583 Total revenues 1,260,089 1,742,172 3,002,261 Eliminations (630,692 ) 0 (630,692 ) Net revenues $ 629,397 $ 1,742,172 $ 2,371,569 Income from operations $ 68,130 $ 212,006 $ 280,136 Interest expense, net 87,366 Other expense, net 4,626 Income before income taxes $ 188,144 Depreciation and amortization $ 30,520 $ 54,648 $ 85,168 Capital expenditures $ 32,490 $ 34,480 $ 66,970 Total assets $ 1,050,620 $ 2,404,136 $ 3,454,756 Wholesale Retail Consolidated Year Ended December 31, 2016 Revenues: Net sales $ 1,252,218 $ 1,641,068 $ 2,893,286 Royalties and franchise fees 0 17,005 17,005 Total revenues 1,252,218 1,658,073 2,910,291 Eliminations (626,900 ) 0 (626,900 ) Net revenues $ 625,318 $ 1,658,073 $ 2,283,391 Income from operations $ 91,920 $ 182,164 $ 274,084 Interest expense, net 89,380 Other income, net (2,010 ) Income before income taxes $ 186,714 Depreciation and amortization $ 29,695 $ 53,935 $ 83,630 Capital expenditures $ 26,854 $ 55,094 $ 81,948 Total assets $ 1,004,599 $ 2,389,379 $ 3,393,978 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 Geographic Segments Export sales of metallic balloons of $22,812, $23,631, and $22,803 during the years ended December 31, 2017, December 31, 2016, and December 31, 2015, 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, 2017 Revenues: Net sales to unaffiliated customers $ 1,962,697 $ 395,289 $ 0 $ 2,357,986 Net sales between geographic areas 54,268 64,585 (118,853 ) 0 Net sales 2,016,965 459,874 (118,853 ) 2,357,986 Royalties and franchise fees 13,583 0 0 13,583 Total revenues $ 2,030,548 $ 459,874 $ (118,853 ) $ 2,371,569 Income from operations $ 252,270 $ 27,866 $ 0 $ 280,136 Interest expense, net 87,366 Other expense, net 4,626 Income before income taxes $ 188,144 Depreciation and amortization $ 76,970 $ 8,198 $ 85,168 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 277,791 $ 36,174 $ 313,965 Total assets $ 3,131,256 $ 323,500 $ 0 $ 3,454,756 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2016 Revenues: Net sales to unaffiliated customers $ 1,917,158 $ 349,228 $ 0 $ 2,266,386 Net sales between geographic areas 51,916 80,776 (132,692 ) 0 Net sales 1,969,074 430,004 (132,692 ) 2,266,386 Royalties and franchise fees 17,005 0 0 17,005 Total revenues $ 1,986,079 $ 430,004 $ (132,692 ) $ 2,283,391 Income from operations $ 257,774 $ 16,310 $ 0 $ 274,084 Interest expense, net 89,380 Other income, net (2,010 ) Income before income taxes $ 186,714 Depreciation and amortization $ 77,176 $ 6,454 $ 83,630 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 269,047 $ 28,359 $ 297,406 Total assets $ 3,147,003 $ 246,975 $ 0 $ 3,393,978 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

Quarterly Results

Quarterly Results	12 Months Ended
	Dec. 31, 2017
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 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, 2017: March 31, June 30, September 30, December 31, Revenues: Net sales $ 473,963 $ 541,653 $ 557,350 $ 785,020 Royalties and franchise fees 3,036 3,225 2,759 4,563 Gross profit 175,244 219,753 199,827 367,883 Income from operations 14,671 60,699 37,388 167,378 Net (loss) income (4,683 ) 24,982 10,084 184,957 (a) Net (loss) income per common share—Basic $ (0.04 ) $ 0.21 $ 0.08 $ 1.59 (a) Net (loss) income per common share—Diluted $ (0.04 ) $ 0.21 $ 0.08 $ 1.58 (a) For the Three Months Ended, 2016: March 31, June 30, September 30, December 31, Revenues: Net sales $ 454,286 $ 515,426 $ 553,382 $ 743,292 Royalties and franchise fees 3,454 3,987 3,568 5,996 Gross profit 166,519 207,561 196,720 345,199 Income from operations 19,556 58,480 36,918 159,130 Net (loss) income (394 ) 22,515 10,180 85,176 Net (loss) income per common share—Basic $ (0.00 ) $ 0.19 $ 0.09 $ 0.71 Net (loss) income per common share—Diluted $ (0.00 ) $ 0.19 $ 0.08 $ 0.71 (a) On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (“the Act”) was signed into law. The Act significantly changed U.S. tax law, including lowering the U.S. corporate income tax rate from 35% to 21%, effective January 1, 2018, and implementing a one-time non-U.S.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
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. During 2017, the Company acquired a 28% ownership interest in Punchbowl, Inc. (“Punchbowl”), a provider of digital greeting cards and digital invitations. At such time, the Company provided Punchbowl’s other investors with the ability to “put” their interest in Punchbowl to the Company at a future date. The Company is adjusting such put liability to fair value on a recurring basis. The liability represents a Level 3 fair value measurement as it is based on unobservable inputs. During 2017, the Company and Ampology, a subsidiary of Trivergence, reached an agreement to form a new legal entity, Kazzam, LLC (“Kazzam”), for the purpose of designing, developing and launching an online exchange platform for party-related services. As part of Ampology’s compensation for designing, developing and launching the exchange platform, Ampology received a 70% ownership interest in Kazzam. The 70% interest has been recorded as redeemable securities in the mezzanine of the Company’s consolidated balance sheet as, in the future, Ampology has the right to cause the Company to purchase the interest. The mezzanine liability is adjusted to fair value on a recurring basis. The liability represents a Level 3 fair value measurement as it is based on unobservable inputs. During 2015, the Company acquired 75% of the operations of Accurate Custom Injection Molding Inc. (“ACIM”). Based on the terms of the acquisition agreement, the Company will acquire the remaining 25% interest in ACIM over the next five years and the Company’s liability for the estimated purchase price of such interest was $0 at December 31, 2017. The liability represents a Level 3 fair value measurement as it is based on unobservable inputs. During 2017, the Company acquired 85% of the common stock of Granmark, S.A. de C.V., a Mexican manufacturer and wholesaler of party goods. See Note 5 for further discussion of the acquisition. Based on the terms of the acquisition agreement, the Company is required to acquire the remaining 15% interest over the next five years and it has recorded a liability for the estimated purchase price of such interest, $2,874 at December 31, 2017. The liability represents a Level 3 fair value measurement as it is based on unobservable inputs. During 2017, the Company acquired 60% of Print Appeal, Inc. (“Print Appeal”). See Note 5 for further discussion of the acquisition. Based on the terms of the acquisition agreement, the Company will acquire the remaining 40% interest in Print Appeal over the next six years and the Company’s liability for the estimated purchase price of such interest was $3,063 at December 31, 2017. The liability represents a Level 3 fair value measurement as it is based on unobservable inputs. The following table shows assets and liabilities as of December 31, 2017 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 95 $ 0 $ 95 Derivative liabilities 0 99 0 99 Kazzam liability 0 0 3,590 3,590 Punchbowl put liability 0 0 2,122 2,122 Granmark noncontrolling interest liability 0 0 2,874 2,874 Print Appeal noncontrolling interest liability 0 0 3,063 3,063 The following table shows assets and liabilities as of December 31, 2016 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 697 $ 0 $ 697 Derivative liabilities 0 215 0 215 Noncontrolling interests liabilities 0 0 0 0 The majority of the Company’s non-financial non-financial non-financial non-financial The carrying amounts and fair values of borrowings under the Term Loan Credit Agreement and the Senior Notes as of December 31, 2017 are as follows: Carrying Amount Fair Value Term Loan Credit Agreement $ 1,196,505 $ 1,217,324 Senior Notes 345,368 362,250 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, 2017 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, 2017
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, 2017, December 31, 2016 or December 31, 2015. 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, the Australian Dollar, and the Mexican Peso, 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. At December 31, 2017 and 2016, 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 loss related to these foreign currency exchange contracts will be reclassified into earnings by June 2019. The following table displays the fair values of the Company’s derivatives at December 31, 2017 and December 31, 2016: Derivative Assets Derivative Liabilities Balance Fair Balance Fair Balance Fair Balance Fair Derivative Instrument December 31, 2017 December 31, 2016 December 31, 2017 December 31, 2016 Foreign Exchange Contracts (a ) PP $ 95 (a ) PP $ 697 (b ) AE $ 99 (b ) AE $ 215 (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, 2017 and December 31, 2016: Derivative Instrument December 31, December 31, Foreign Exchange Contracts $ 21,672 $ 22,502

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	Note 19 — Changes in Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss attributable to Party City Holdco Inc. consisted of the following: Year Ended December 31, 2017 Foreign Impact of Total, Net Balance at December 31, 2016 $ (53,171 ) $ 932 $ (52,239 ) Other comprehensive income (loss) before reclassifications, net of income tax 17,561 (1,044 ) 16,517 Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax 0 (96 ) (96 ) Net current-period other comprehensive income (loss) 17,561 (1,140 ) 16,421 Balance at December 31, 2017 $ (35,610 ) $ (208 ) $ (35,818 ) Year Ended December 31, 2016 Foreign Impact of Total, Net Balance at December 31, 2015 $ (33,401 ) $ 611 $ (32,790 ) Other comprehensive (loss) income before reclassifications, net of income tax (19,770 ) 1,080 (18,690 ) Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax 0 (759 ) (759 ) Net current-period other comprehensive (loss) income (19,770 ) 321 (19,449 ) Balance at December 31, 2016 $ (53,171 ) $ 932 $ (52,239 ) 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 operations 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 )

Organizational Restructuring

Organizational Restructuring	12 Months Ended
	Dec. 31, 2017
Restructuring and Related Activities [Abstract]
Organizational Restructuring	Note 20 — Organizational Restructuring On March 15, 2017, the Company and its Chairman of the Board of Directors (“the Board”), Gerald Rittenberg, entered into a Transition and Consulting Agreement under which Mr. Rittenberg’s employment as Executive Chairman of the Company terminated effective March 31, 2017. Beginning on April 1, 2017 and continuing through December 31, 2020, unless earlier terminated as provided for in the agreement (the “Consulting Period”), Mr. Rittenberg will serve on a part-time basis as a non-employee senior a non-employee member Under the Transition and Consulting Agreement, Mr. Rittenberg received payments from April 1, 2017 through December 31, 2017 in amounts equal to his base salary had he remained employed as Executive Chairman during such period (i.e., pay at an annual rate equal to $2,090). Additionally, he remained eligible to receive an annual bonus for full-year 2017 based on the terms of the Company’s 2017 bonus plan and the terms of his previous employment agreement (a target amount equal to 80% of his 2017 base salary). Further, during 2018, Mr. Rittenberg will receive severance payments aggregating $2,049, which will be made in four equal quarterly installments. Finally, beginning on January 1, 2018 and for the remainder of the Consulting Period, Mr. Rittenberg will receive payments equal to $40 per month in consideration for his consulting services. As a result of the Transition and Consulting Agreement, the Company recorded a $3,918 severance charge in general and administrative expenses during the year ended December 31, 2017. Such amount represents: (1) the amount that he was paid from April 1, 2017 – December 31, 2017 that was above and beyond the fair value ($40 per month) of his consulting services during such period, $1,207, (2) his bonus for the period from April 1, 2017 — December 31, 2017, $662, and (3) the severance to be paid during 2018, $2,049. Throughout the Consulting Period, the Company will record $40 per month in general and administrative expenses, such amount representing the fair value of his consulting services. The Transition and Consulting Agreement allows Mr. Rittenberg’s existing unvested stock options to continue vesting (such options would have been forfeited had he left the Company) and allows his existing vested stock options to remain outstanding (had he left the Company, he would have only had 60 days to exercise vested options). As the remaining service period is non-substantive, Also, during the year ended December 31, 2017, the Company recorded a $3,195 severance charge related to the restructuring of its Retail segment. Of such amount, $2,291 was recorded in retail operating expenses and $904 was recorded in general and administrative expenses. The majority of the severance was paid during 2017.

Kazzam, LLC

Kazzam, LLC	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Kazzam, LLC	Note 21 — Kazzam, LLC During the first quarter of 2017, the Company and Ampology, a subsidiary of Trivergence, reached an agreement to form a new legal entity, Kazzam, LLC (“Kazzam”), for the purpose of designing, developing and launching an online exchange platform for party-related services. The website will allow consumers to select, schedule and pay for various services (including entertainment, activities and food) all through a single portal. Although the Company currently only owns 30% of Kazzam’s equity, the Company has concluded that: a) Kazzam is a variable interest entity as it has insufficient equity at risk and b) the Company is its primary beneficiary. Therefore, the Company has consolidated Kazzam into the Company’s financial statements. Further, as the Company is currently funding all of Kazzam’s start-up As part of Ampology’s compensation for designing, developing and launching the exchange platform, Ampology received a 70% ownership interest in Kazzam. The interest has been recorded in redeemable securities in the mezzanine of the Company’s consolidated balance sheet as, in the future, Ampology has the right to cause the Company to purchase the interest. During the year ended December 31, 2017, Kazzam recognized $2,682 of expense related to the 70% interest. Such amount was recorded in “development stage expenses” in the Company’s consolidated statement of operations and comprehensive income. Additionally, the Company capitalized $498 of the fair value of the 70% interest in property, plant and equipment as it related to website development costs. Also, as compensation for its services, Ampology was granted a warrant to acquire 596,000 shares of Party City Holdco Inc. stock. During the year ended December 31, 2017, Kazzam recorded $351 of expense related to the warrant. The amount was recorded in “development stage expenses” in the Company’s consolidated statement of operations and comprehensive income. Additionally, the Company capitalized $70 of the value of the warrant in property, plant and equipment as it related to website development costs. The warrant has an exercise price of $15.60 and a fair value of $1,931, which is being amortized over approximately four years.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 22 — Subsequent Events During March 2018, the Company acquired an additional 11 franchise stores, which are located in Maryland, for total consideration of approximately $14,000. During February 2018, the Company amended its Term Loan Credit Agreement. At the time of the amendment, all outstanding term loans were replaced with new term loans for the same principal amount. The applicable margin for ABR borrowings was lowered from 2.00% to 1.75% and the applicable margin for LIBOR borrowings was lowered from 3.00% to 2.75%. Additionally, based on the terms of the amendment, the ABR and LIBOR margins will drop to 1.50% and 2.50%, respectively, if the Company’s Senior Secured Leverage Ratio, as defined by the agreement, falls below 3.2 to 1.0. The amendment provides that the term loans are subject to a 1.00% prepayment premium if voluntarily repaid within six months from the date of the amendment. Otherwise, the term loans may be voluntarily prepaid at any time without premium or penalty, other than customary breakage costs with respect to loans based on the LIBOR rate. 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 (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). In conjunction with the amendment of the agreement in February 2018, the requirement to make an Excess Cash Flow payment for the year ended December 31, 2017 was eliminated. The Company incurred approximately $850 of costs, principally banker fees, in conjunction with the amendment.

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2017
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, 2017 December 31,2016 ASSETS Other assets (principally investment in and amounts due from wholly-owned subsidiaries) $ 972,025 $ 1,016,789 Total assets $ 972,025 $ 1,016,789 LIABILITIES, REDEEMABLE SECURITIES AND STOCKHOLDERS’ EQUITY Total liabilities $ 0 $ 0 Redeemable securities 3,590 0 Commitments and contingencies Stockholders’ equity: Common stock ($0.01 par value; 96,380,102 and 119,515,894 shares outstanding and 119,759,669 and 119,515,894 shares issued at December 31, 2017 and December 31, 2016, respectively ) 1,198 1,195 Additional paid-in 917,192 910,167 Retained earnings 372,596 157,666 Accumulated other comprehensive loss (35,818 ) (52,239 ) Total stockholders’ equity before common stock held in treasury 1,255,168 1,016,789 Less: Common stock held in treasury, at cost (23,379,567 shares at December 31, 2017) (286,733 ) 0 Total stockholders’ equity 968,435 1,016,789 Total liabilities, redeemable securities and stockholders’ equity $ 972,025 $ 1,016,789 See accompanying notes to these condensed financial statements. PARTY CITY HOLDCO INC. (Parent company only) CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Dollars in thousands) Year Ended Year Ended Year Ended Equity in net income of subsidiaries $ 215,340 $ 117,477 $ 10,459 Net income $ 215,340 $ 117,477 $ 10,459 Other comprehensive income (loss) 16,421 (19,449 ) (20,055 ) Comprehensive income (loss) $ 231,761 $ 98,028 $ (9,596 ) 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 provided by (used in) operating activities: Net income $ 215,340 $ 117,477 $ 10,459 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Equity in net income of subsidiaries (215,340 ) (117,477 ) (10,459 ) Change in due to/from affiliates 285,435 (1,373 ) (397,189 ) Net cash provided by (used in) operating activities 285,435 (1,373 ) (397,189 ) Cash flows (used in) provided by financing activities: Issuance of common stock 0 0 397,159 Treasury stock purchases (286,733 ) 0 0 Exercise of stock options 1,298 1,373 30 Net cash (used in) provided by financing activities (285,435 ) 1,373 397,189 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, 2017
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, 2017
Party City Holdco Inc. [Member]
Dividends from subsidiaries	Note 2 — Dividends from subsidiaries No cash dividends were paid to Party City Holdco by its subsidiaries during the years included in these financial statements.

Schedule II- Valuation and Qual

Schedule II- Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2017
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, 2016, and December 31, 2017 (Dollars in thousands) Beginning Write-Offs Additions Ending Allowance for Doubtful Accounts: For the year ended December 31, 2015 $ 2,889 $ 769 $ 223 $ 2,343 For the year ended December 31, 2016 2,343 441 781 2,683 For the year ended December 31, 2017 2,683 272 560 2,971 Sales Returns and Allowances: For the year ended December 31, 2015 $ 526 $ 78,219 $ 78,348 $ 655 For the year ended December 31, 2016 655 80,317 80,128 466 For the year ended December 31, 2017 466 83,865 83,879 480

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [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 53-week 13-week 53-week
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 and net realizable value. The Company principally determines the cost of inventory using the weighted average method. The Company estimates retail inventory shrinkage for the period between physical inventory dates on a store-by-store
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, 2017 and December 31, 2016, the allowance for doubtful accounts was $2,971 and $2,683, 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(s) exceeds the fair value of the asset(s). 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 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 fair value of a reporting unit is less than its carrying value, the Company estimates the fair value of the 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 Deferred financing costs are netted against amounts outstanding under the related 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, 2017 and 2016 was $76,994 and $68,857, respectively.
Equity Method Investments	Equity Method Investments The Company has an investment in Convergram Mexico, S. De R.L. De C.V., a joint venture distributing metallic balloons, principally in Mexico and Latin America. The Company accounts for its 49.9% investment in the joint venture using the equity method. Additionally, the Company has an investment in PD Retail Group Limited, a joint venture operating party goods stores in the United Kingdom (“U.K.”). The Company accounts for its 50% investment using the equity method. Also, during April 2017, the Company paid approximately $4,000 for a 28% ownership interest in Punchbowl, Inc., a provider of digital greeting cards and digital invitations. The Company is accounting for the investment under the equity method of accounting. The Company’s investments are included in other assets on the consolidated balance sheet and the results of the investees’ operations are included in other expense (income) in the consolidated statement of operations 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 Revenue from retail store operations is recognized at the point of sale. Retail e-commerce The transaction price for the overwhelming majority of the Company’s retail sales is based on either: 1) the item’s stated price or 2) the stated price adjusted for the impact of a coupon which can only be applied to such transaction. To the extent that the Company charges customers for freight costs on e-commerce Under the terms of its agreements with its franchisees, the Company provides both: 1) brand value (via significant advertising spend) and 2) support with respect to planograms, in exchange for a royalty fee that ranges from 4% to 6% of the franchisees’ sales. The Company records the royalty fees at the time that the franchisees’ sales are recorded. Additionally, although the Company anticipates that future franchise store openings will be limited, when a franchisee opens a new store, the Company receives and records a one-time one-time For most of the Company’s wholesale sales, revenue is recognized upon the Company’s shipment of the product as: 1) legal title transfers on such date and 2) the Company has a present right to payment at such time. Wholesale sales returns are not significant as the Company generally only accepts the return of goods that were shipped to the customer in error or that were damaged when received by the customer. Additionally, due to its extensive history operating as a leading party goods wholesaler, the Company has sufficient history with which to estimate future sales returns. In most cases, the determination of the transaction price is straight-forward as it is fixed based on the contract and/or purchase order. However, a limited number of customers receive volume-based rebates. Additionally, certain customers receive small discounts for early payment (generally 1% of the transaction price). Based on the business’ long history as a leading party goods wholesaler, the Company has sufficient history with which to estimate variable consideration for such volume-based rebates and early payment discounts. To the extent that the Company charges customers for freight costs, the Company records such amounts in revenue. The Company excludes all sales taxes and value-added taxes from revenue. The majority of the sales for the Company’s wholesale business are due within 30 to 120 days from the transfer of control of the product and substantially all of the sales are collected within a year from such transfer. Although most of the Company’s revenue transactions consist of fixed transaction prices and the transfer of control at either the point of sale (for retail) or when the product is shipped (for wholesale), certain transactions involve a limited number of judgments. For transactions for which control transfers to the customer when the freight carrier delivers the product to the customer, the Company estimates the date of such receipt based on historical shipping times. Additionally, the Company utilizes historical data to estimate sales returns, volume-based rebates and discounts for early payments by customers. Due to its extensive history operating as a leading party goods retailer and wholesaler, the Company has sufficient history with which to estimate such amounts. 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
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.
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.
Catalog Costs	Catalog Costs The Company expenses costs associated with the production of catalogs when incurred.
Advertising	Advertising Advertising costs are expensed as incurred. Retail advertising expenses for the years ended December 31, 2017, December 31, 2016, and December 31, 2015 were $61,187, $63,528, and $62,495, respectively.
Variable Interest Entities	Variable Interest Entities When determining whether a legal entity should be consolidated, the Company first determines whether it has a variable interest in the legal entity. If a variable interest exists, the Company determines whether the legal entity is a variable interest entity due to either: 1) a lack of sufficient equity to finance its activities, 2) the equity holders lacking the characteristics of a controlling financial interest or 3) the legal entity being structured with non-substantive During the first quarter of 2017, the Company and Ampology, a subsidiary of Trivergence, reached an agreement to form a new legal entity, Kazzam, LLC (“Kazzam”), for the purpose of designing, developing and launching an online exchange platform for party-related services. Although the Company currently only owns 30% of Kazzam’s equity, the Company has concluded that: a) Kazzam is a variable interest entity as it has insufficient equity at risk and b) the Company is its primary beneficiary. Therefore, the Company has consolidated Kazzam into the Company’s financial statements. As part of Ampology’s compensation for designing, developing and launching the exchange platform, Ampology received a 70% ownership interest in Kazzam. The 70% interest has been recorded as redeemable securities in the mezzanine of the Company’s consolidated balance sheet as, in the future, Ampology has the right to cause the Company to purchase the interest. On a recurring basis, the mezzanine liability is adjusted to the greater of: a) the interest’s carrying amount under Accounting Standards Codification (“ASC”) Topic 810, “Consolidation”, or b) the fair value of the interest.
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 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 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 and warrants as if they were exercised. A reconciliation between basic and diluted income per share is as follows: Year Ended Year Ended Year Ended 2015 Net income attributable to Party City Holdco Inc.: $ 215,340 $ 117,477 $ 10,459 Adjustment to Kazzam liability (see above): (410 ) 0 0 Numerator for earnings per share: $ 214,930 $ 117,477 $ 10,459 Weighted average shares — Basic: 118,589,421 119,381,842 111,917,168 Effect of dilutive warrants: 0 0 0 Effect of dilutive stock options: 1,304,600 987,830 1,026,639 Weighted average shares — Diluted: 119,894,021 120,369,672 112,943,807 Net income per common share — Basic: $ 1.81 $ 0.98 $ 0.09 Net income per common share — Diluted: $ 1.79 $ 0.98 $ 0.09 During the years ended December 31, 2017, December 31, 2016 and December 31, 2015, 2,392,150 stock options, 2,371,876 stock options and 1,991,965 stock options, respectively, were excluded from the calculations of net income per common share — diluted as they were anti-dilutive. Additionally, during the years ended December 31, 2017, December 31, 2016 and December 31, 2015, 596,000 warrants, 0 warrants and 0 warrants, 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 August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-12, In November 2016, the FASB issued ASU 2016-18, In August 2016, the FASB issued ASU 2016-15, In March 2016, the FASB issued ASU 2016-09, In February 2016, the FASB issued ASU 2016-02, In January 2016, the FASB issued ASU 2016-01, In July 2015, the FASB issued ASU 2015-11, In May 2014, the FASB issued ASU 2014-09,
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 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
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 Accoun35

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
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 2015 Net income attributable to Party City Holdco Inc.: $ 215,340 $ 117,477 $ 10,459 Adjustment to Kazzam liability (see above): (410 ) 0 0 Numerator for earnings per share: $ 214,930 $ 117,477 $ 10,459 Weighted average shares — Basic: 118,589,421 119,381,842 111,917,168 Effect of dilutive warrants: 0 0 0 Effect of dilutive stock options: 1,304,600 987,830 1,026,639 Weighted average shares — Diluted: 119,894,021 120,369,672 112,943,807 Net income per common share — Basic: $ 1.81 $ 0.98 $ 0.09 Net income per common share — Diluted: $ 1.79 $ 0.98 $ 0.09

Inventories, Net (Tables)

Inventories, Net (Tables)	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following: December 31, 2017 2016 Finished goods $ 562,809 $ 581,277 Raw materials 30,346 23,222 Work in process 10,911 9,369 $ 604,066 $ 613,868

Property, Plant and Equipment37

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Property, plant and equipment, net consisted of the following: December 31, 2017 2016 Useful lives Machinery and equipment $ 187,937 $ 157,170 3-15 years Buildings 68,451 67,851 40 years Data processing 63,354 49,688 3-5 Leasehold improvements 120,146 109,218 1-10 Furniture and fixtures 177,309 163,539 5-10 Land 10,733 10,450 627,930 557,916 Less: accumulated depreciation (326,789 ) (265,012 ) $ 301,141 $ 292,904

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2017
Business Combinations [Abstract]
Schedule of Changes in Goodwill by Reporting Segment	For the years ended December 31, 2017 and December 31, 2016 goodwill changes, by reporting segment, were as follows: Year Ended Year Ended Wholesale segment: Beginning balance $ 491,859 $ 494,299 Granmark acquisition 13,241 0 Print Appeal acquisition 3,133 0 Other acquisitions 1,348 3,572 Foreign currency impact 4,365 (6,012 ) Ending balance 513,946 491,859 Retail segment: Beginning balance 1,080,709 1,068,216 Store acquisitions 23,025 12,869 Foreign currency impact 1,573 (376 ) Ending balance 1,105,307 1,080,709 Total ending balance, both segments $ 1,619,253 $ 1,572,568

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Identifiable Intangible Assets	The Company had the following other identifiable intangible assets: December 31, 2017 Cost Accumulated Net Useful lives Retail franchise licenses $ 81,600 $ 35,700 $ 45,900 4-19 years Customer lists and relationships 61,527 36,268 25,259 2-20 Copyrights and designs 29,030 27,406 1,624 5-7 Leasehold interests 16,850 14,229 2,621 1-17 Non-compete 500 200 300 5 years Total $ 189,507 $ 113,803 $ 75,704 December 31, 2016 Cost Accumulated Net Useful lives Retail franchise licenses $ 72,200 $ 27,600 $ 44,600 4-19 Customer lists and relationships 56,385 30,796 25,589 3-20 Copyrights and designs 29,030 24,454 4,576 5-7 Leasehold interests 15,556 14,140 1,416 1-11 Non-compete 500 100 400 5 years Total $ 173,671 $ 97,090 $ 76,581

Long-Term Obligations (Tables)

Long-Term Obligations (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Summary of Long-Term Obligations	Long-term obligations consisted of the following: December 31, 2017 2016 Senior secured term loan facility (“Term Loan Credit Agreement”) $ 1,196,505 $ 1,205,496 6.125% senior notes (“Senior Notes”) 345,368 344,544 Capital lease obligations 3,276 2,912 Total long-term obligations 1,545,149 1,552,952 Less: current portion (13,059 ) (13,348 ) Long-term obligations, excluding current portion $ 1,532,090 $ 1,539,604
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, 2017, maturities of long-term obligations consisted of the following: Long-Term Debt Capital Lease Totals 2018 $ 12,266 $ 793 $ 13,059 2019 12,266 716 12,982 2020 12,266 604 12,870 2021 12,266 800 13,066 2022 1,162,204 363 1,162,567 Thereafter 350,000 0 350,000 Long-term obligations $ 1,561,268 $ 3,276 $ 1,564,544

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Summary Changes in Common Shares Outstanding	The changes in common shares outstanding during the three years ended December 31, 2015, December 31, 2016 and December 31, 2017 were as follows: Common Shares Outstanding at December 31, 2014 91,007,894 Adjustment to redeemable securities 3,088,630 Issuance of common stock 25,156,250 Exercise of stock options 5,600 Common Shares Outstanding at December 31, 2015 119,258,374 Exercise of stock options 257,520 Common Shares Outstanding at December 31, 2016 119,515,894 Exercise of stock options 243,775 Treasury stock purchases (23,379,567 ) Common Shares Outstanding at December 31, 2017 96,380,102

Other Expense (Income), net (Ta

Other Expense (Income), net (Tables)	12 Months Ended
	Dec. 31, 2017
Text Block [Abstract]
Summary of Other Expense (Income), Net	Year Ended Year Ended Year Ended Other expense (income), net consists of the following: Undistributed (gain) loss in unconsolidated joint ventures $ (194 ) $ 314 $ 562 Foreign currency losses (gains) 466 (7,417 ) 3,691 Debt refinancings (a) 0 1,458 94,607 Management agreement termination fee (b) 0 0 30,697 Corporate development expenses 2,660 3,290 1,786 Other, net 1,694 345 (353 ) Other expense (income), net $ 4,626 $ (2,010 ) $ 130,990 (a) In August 2015, the Company refinanced its debt and recorded $79,010 of charges in other expense related to call premiums, third-party costs and the write-off write-off (b) In conjunction with the initial public offering, the Company paid a management agreement termination fee to affiliates of THL and Advent. See Note 14 for further discussion.

Equity Incentive Plans (Tables)

Equity Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2017
Summary of Changes in Outstanding Options	The following table summarizes the changes in outstanding stock options for the years ended December 31, 2015, December 31, 2016 and December 31, 2017. Options Average Average Fair Value of Grant Date Aggregate Weighted Average Remaining Outstanding at December 31, 2014 6,686,400 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 Granted 484,950 15.78 4.68 Exercised (257,520 ) 5.33 Forfeited (283,249 ) 10.05 Outstanding at December 31, 2016 8,461,826 8.74 46,214 6.9 Granted 101,444 14.38 4.46 Exercised (243,775 ) 5.33 Forfeited (294,734 ) 9.47 Outstanding at December 31, 2017 8,024,761 $ 8.89 $ 40,634 6.0 Exercisable at December 31, 2017 2,795,414 $ 9.07 $ 13,636 5.9 Expected to vest at December 31, 2017 (excluding performance-based options) 1,555,747 $ 16.95 $ (4,667 ) 7.7
Time Based Stock Options [Member]
Fair Value of Options Granted	The fair value of time-based options granted during the year ended December 31, 2017 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 1.79% to 2.22% Volatility 25.44% to 27.05% Expected option term 5.5 years – 6.5 years
Performance Shares [Member]
Fair Value of Options Granted	2017, 3,673,600 performance-based options were outstanding. Based on a Monte Carlo simulation and the following assumptions, the options have an average grant date fair value of $3.09 per option: Expected dividend rate 0% Risk-free interest rate 1.86% Volatility 52.00% Expected option term 5 years

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Summary of Domestic and Foreign Income Before Income Taxes	A summary of domestic and foreign income before income taxes and including noncontrolling interest follows: Year Ended 2017 Year Ended 2016 Year Ended 2015 Domestic $ 153,280 $ 152,800 $ 7,180 Foreign 34,864 33,914 10,688 Total $ 188,144 $ 186,714 $ 17,868
Summary of Income Tax (Benefit) Expense	The income tax (benefit) expense consisted of the following: Year Ended 2017 Year Ended 2016 Year Ended 2015 Current: Federal $ 61,890 $ 50,851 $ 8,137 State 6,267 8,121 2,652 Foreign 7,298 6,864 2,798 Total current expense 75,455 65,836 13,587 Deferred: Federal (101,774 ) 3,290 (6,710 ) State (796 ) (906 ) (1,086 ) Foreign (81 ) 1,017 1,618 Total deferred (benefit) expense (102,651 ) 3,401 (6,178 ) Income tax (benefit) expense $ (27,196 ) $ 69,237 $ 7,409
Summary of Deferred Income Tax Assets and Liabilities	Deferred income tax assets and liabilities consisted of the following: December 31, 2017 2016 Deferred income tax assets: Inventory valuation $ 7,064 $ 10,138 Allowance for doubtful accounts 746 893 Accrued liabilities 8,130 10,402 Equity based compensation 3,145 3,236 Federal tax loss carryforwards 960 2,715 State tax loss carryforwards 1,726 1,070 Foreign tax loss carryforwards 14,151 13,992 Foreign tax credit carryforwards 6,412 1,418 Deferred rent 9,867 11,816 Other 166 509 Deferred income tax assets before valuation allowances 52,367 56,189 Less: valuation allowances (24,073 ) (17,331 ) Deferred income tax assets, net $ 28,294 $ 38,858 Deferred income tax liabilities: Property, plant and equipment $ 13,855 $ 24,055 Intangible assets 145,066 218,046 Amortization of goodwill and other assets 42,297 61,163 Foreign earnings expected to be repatriated 586 10,954 Other 1,176 2,655 Deferred income tax liabilities $ 202,980 $ 316,873
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 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 1.9 2.5 5.7 Domestic production activities deduction (1.4 ) (1.0 ) (5.1 ) Contingent consideration adjustment 0.2 (0.1 ) (6.0 ) Work Opportunity Tax Credit (0.4 ) (0.3 ) (3.2 ) Valuation allowances 2.1 0.5 21.7 Foreign earnings (1.7 ) 2.3 9.1 U.S. — foreign rate differential (1.9 ) (2.4 ) (13.7 ) Transition Tax on unremitted foreign earnings, net 0.6 0.0 0.0 Effect of the Act on Federal deferred income tax assets and liabilities (48.4 ) 0.0 0.0 Other (0.5 ) 0.6 (2.0 ) Effective income tax rate (14.5 )% 37.1 % 41.5 %
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 2015 Balance as of beginning of period $ 913 $ 765 $ 798 Increases related to current period tax positions 100 444 130 (Decreases) increases related to prior period tax positions (158 ) 339 0 Decreases related to settlements 0 (635 ) (92 ) Decreases related to lapsing of statutes of limitations 0 0 (71 ) Balance as of end of period $ 855 $ 913 $ 765

Commitments, Contingencies an45

Commitments, Contingencies and Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Summary of Future Minimum Lease Payments under all Operating Leases	At December 31, 2017, future minimum lease payments under all operating leases consisted of the following: Future Minimum 2018 $ 186,278 2019 161,996 2020 146,603 2021 132,217 2022 115,502 Thereafter 310,992 $ 1,053,588
Summary of Future Minimum Product Royalties	At December 31, 2017, the Company’s commitment to pay future minimum product royalties was as follows: Future Minimum 2018 $ 29,879 2019 18,982 2020 6,992 2021 150 2022 0 Thereafter 0 $ 56,003

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Schedule of Company's Industry Segment Data	The Company’s industry segment data for the years ended December 31, 2017, December 31, 2016, and December 31, 2015 are as follows: Wholesale Retail Consolidated Year Ended December 31, 2017 Revenues: Net sales $ 1,260,089 $ 1,728,589 $ 2,988,678 Royalties and franchise fees 0 13,583 13,583 Total revenues 1,260,089 1,742,172 3,002,261 Eliminations (630,692 ) 0 (630,692 ) Net revenues $ 629,397 $ 1,742,172 $ 2,371,569 Income from operations $ 68,130 $ 212,006 $ 280,136 Interest expense, net 87,366 Other expense, net 4,626 Income before income taxes $ 188,144 Depreciation and amortization $ 30,520 $ 54,648 $ 85,168 Capital expenditures $ 32,490 $ 34,480 $ 66,970 Total assets $ 1,050,620 $ 2,404,136 $ 3,454,756 Wholesale Retail Consolidated Year Ended December 31, 2016 Revenues: Net sales $ 1,252,218 $ 1,641,068 $ 2,893,286 Royalties and franchise fees 0 17,005 17,005 Total revenues 1,252,218 1,658,073 2,910,291 Eliminations (626,900 ) 0 (626,900 ) Net revenues $ 625,318 $ 1,658,073 $ 2,283,391 Income from operations $ 91,920 $ 182,164 $ 274,084 Interest expense, net 89,380 Other income, net (2,010 ) Income before income taxes $ 186,714 Depreciation and amortization $ 29,695 $ 53,935 $ 83,630 Capital expenditures $ 26,854 $ 55,094 $ 81,948 Total assets $ 1,004,599 $ 2,389,379 $ 3,393,978 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
Schedule of Company's Industry Geographic Segments	The Company’s geographic area data follows: Domestic Foreign Eliminations Consolidated Year Ended December 31, 2017 Revenues: Net sales to unaffiliated customers $ 1,962,697 $ 395,289 $ 0 $ 2,357,986 Net sales between geographic areas 54,268 64,585 (118,853 ) 0 Net sales 2,016,965 459,874 (118,853 ) 2,357,986 Royalties and franchise fees 13,583 0 0 13,583 Total revenues $ 2,030,548 $ 459,874 $ (118,853 ) $ 2,371,569 Income from operations $ 252,270 $ 27,866 $ 0 $ 280,136 Interest expense, net 87,366 Other expense, net 4,626 Income before income taxes $ 188,144 Depreciation and amortization $ 76,970 $ 8,198 $ 85,168 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 277,791 $ 36,174 $ 313,965 Total assets $ 3,131,256 $ 323,500 $ 0 $ 3,454,756 Domestic Foreign Eliminations Consolidated Year Ended December 31, 2016 Revenues: Net sales to unaffiliated customers $ 1,917,158 $ 349,228 $ 0 $ 2,266,386 Net sales between geographic areas 51,916 80,776 (132,692 ) 0 Net sales 1,969,074 430,004 (132,692 ) 2,266,386 Royalties and franchise fees 17,005 0 0 17,005 Total revenues $ 1,986,079 $ 430,004 $ (132,692 ) $ 2,283,391 Income from operations $ 257,774 $ 16,310 $ 0 $ 274,084 Interest expense, net 89,380 Other income, net (2,010 ) Income before income taxes $ 186,714 Depreciation and amortization $ 77,176 $ 6,454 $ 83,630 Total long-lived assets (excluding goodwill, trade names and other intangible assets, net) $ 269,047 $ 28,359 $ 297,406 Total assets $ 3,147,003 $ 246,975 $ 0 $ 3,393,978 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

Quarterly Results (Tables)

Quarterly Results (Tables)	12 Months Ended
	Dec. 31, 2017
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, 2017: March 31, June 30, September 30, December 31, Revenues: Net sales $ 473,963 $ 541,653 $ 557,350 $ 785,020 Royalties and franchise fees 3,036 3,225 2,759 4,563 Gross profit 175,244 219,753 199,827 367,883 Income from operations 14,671 60,699 37,388 167,378 Net (loss) income (4,683 ) 24,982 10,084 184,957 (a) Net (loss) income per common share—Basic $ (0.04 ) $ 0.21 $ 0.08 $ 1.59 (a) Net (loss) income per common share—Diluted $ (0.04 ) $ 0.21 $ 0.08 $ 1.58 (a) For the Three Months Ended, 2016: March 31, June 30, September 30, December 31, Revenues: Net sales $ 454,286 $ 515,426 $ 553,382 $ 743,292 Royalties and franchise fees 3,454 3,987 3,568 5,996 Gross profit 166,519 207,561 196,720 345,199 Income from operations 19,556 58,480 36,918 159,130 Net (loss) income (394 ) 22,515 10,180 85,176 Net (loss) income per common share—Basic $ (0.00 ) $ 0.19 $ 0.09 $ 0.71 Net (loss) income per common share—Diluted $ (0.00 ) $ 0.19 $ 0.08 $ 0.71 (a) On December 22, 2017, the Tax Cuts and Jobs Act of 2017 (“the Act”) was signed into law. The Act significantly changed U.S. tax law, including lowering the U.S. corporate income tax rate from 35% to 21%, effective January 1, 2018, and implementing a one-time non-U.S.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
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, 2017 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 95 $ 0 $ 95 Derivative liabilities 0 99 0 99 Kazzam liability 0 0 3,590 3,590 Punchbowl put liability 0 0 2,122 2,122 Granmark noncontrolling interest liability 0 0 2,874 2,874 Print Appeal noncontrolling interest liability 0 0 3,063 3,063 The following table shows assets and liabilities as of December 31, 2016 that are measured at fair value on a recurring basis: Level 1 Level 2 Level 3 Total as of Derivative assets $ 0 $ 697 $ 0 $ 697 Derivative liabilities 0 215 0 215 Noncontrolling interests liabilities 0 0 0 0
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, 2017 are as follows: Carrying Amount Fair Value Term Loan Credit Agreement $ 1,196,505 $ 1,217,324 Senior Notes 345,368 362,250

Derivative Financial Instrume49

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2017
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, 2017 and December 31, 2016: Derivative Assets Derivative Liabilities Balance Fair Balance Fair Balance Fair Balance Fair Derivative Instrument December 31, 2017 December 31, 2016 December 31, 2017 December 31, 2016 Foreign Exchange Contracts (a ) PP $ 95 (a ) PP $ 697 (b ) AE $ 99 (b ) AE $ 215 (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, 2017 and December 31, 2016: Derivative Instrument December 31, December 31, Foreign Exchange Contracts $ 21,672 $ 22,502

Changes in Accumulated Other 50

Changes in Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	The changes in accumulated other comprehensive loss attributable to Party City Holdco Inc. consisted of the following: Year Ended December 31, 2017 Foreign Impact of Total, Net Balance at December 31, 2016 $ (53,171 ) $ 932 $ (52,239 ) Other comprehensive income (loss) before reclassifications, net of income tax 17,561 (1,044 ) 16,517 Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax 0 (96 ) (96 ) Net current-period other comprehensive income (loss) 17,561 (1,140 ) 16,421 Balance at December 31, 2017 $ (35,610 ) $ (208 ) $ (35,818 ) Year Ended December 31, 2016 Foreign Impact of Total, Net Balance at December 31, 2015 $ (33,401 ) $ 611 $ (32,790 ) Other comprehensive (loss) income before reclassifications, net of income tax (19,770 ) 1,080 (18,690 ) Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax 0 (759 ) (759 ) Net current-period other comprehensive (loss) income (19,770 ) 321 (19,449 ) Balance at December 31, 2016 $ (53,171 ) $ 932 $ (52,239 ) 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 operations 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 )

Organization, Description of 51

Organization, Description of Business and Basis of Presentation - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2017Store
PC Nextco [Member]
Basis Of Presentation [Line Items]
Ownership percentage	100.00%
PC Intermediate [Member]
Basis Of Presentation [Line Items]
Ownership percentage	100.00%
Party City Holdings Inc [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

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	Jan. 01, 2018USD ($)	Apr. 30, 2017USD ($)	Dec. 31, 2017USD ($)Leaseshares	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)shares
Significant Accounting Policies [Line Items]
Allowance for doubtful accounts			$ 2,971	$ 2,683
Operating lease initial term			10 years
Operating lease renewal period			5 years
Number of operating lease renewals options | Lease			2
Deferred rent liability			$ 76,994	68,857
Percentage of discounts for early payment on transaction price			1.00%
Retail advertising expenses			$ 61,187	$ 63,528	$ 62,495
Kazzam LLC [Member]
Significant Accounting Policies [Line Items]
Equity method investment percentage in joint venture			30.00%
Customer Payments [Member] | Subsequent Event [Member] | Accounting Standards Update 2014-09 [Member]
Significant Accounting Policies [Line Items]
Increase decrease in retained earnings	$ 46
Metallic Balloon Sales [Member] | Subsequent Event [Member] | Accounting Standards Update 2014-09 [Member]
Significant Accounting Policies [Line Items]
Increase decrease in retained earnings	8
Discount Sale [Member] | Subsequent Event [Member] | Accounting Standards Update 2014-09 [Member]
Significant Accounting Policies [Line Items]
Increase decrease in retained earnings	$ 40
Punchbowl Inc [Member]
Significant Accounting Policies [Line Items]
Equity method investment percentage in joint venture		28.00%	28.00%
Payment for equity method investment		$ 4,000
PD Retail Group Limited [Member]
Significant Accounting Policies [Line Items]
Equity method investment percentage in joint venture			50.00%
Variable Interest Entity, Not Primary Beneficiary [Member] | Ampology [Member] | Kazzam LLC [Member]
Significant Accounting Policies [Line Items]
Variable interest entity ownership percentage			70.00%
Employee Stock Option [Member]
Significant Accounting Policies [Line Items]
Antidilutive securities excluded from calculation of earnings per share | shares			2,392,150	2,371,876	1,991,965
Warrant [Member]
Significant Accounting Policies [Line Items]
Antidilutive securities excluded from calculation of earnings per share | shares			596,000	0	0
Convergram Mexico, S. De R.L. De C.V. [Member]
Significant Accounting Policies [Line Items]
Equity method investment percentage in joint venture			49.90%
Minimum [Member]
Significant Accounting Policies [Line Items]
Retail operations period of fiscal year			364 days
Retail operations period of fiscal quarter			91 days
Percentage of royalty revenue recognized			4.00%
Wholesale business due period			30 days
Maximum [Member]
Significant Accounting Policies [Line Items]
Retail operations period of fiscal year			371 days
Retail operations period of fiscal quarter			98 days
Percentage of royalty revenue recognized			6.00%
Wholesale business due period			120 days

Summary of Significant Accoun53

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, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Dilutive Securities Included And Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income attributable to Party City Holdco Inc.:									$ 215,340	$ 117,477	$ 10,459
Numerator for earnings per share:									$ 214,930	$ 117,477	$ 10,459
Weighted average shares - Basic:									118,589,421	119,381,842	111,917,168
Effect of dilutive warrants:									0	0	0
Effect of dilutive stock options:									1,304,600	987,830	1,026,639
Weighted average shares - Diluted:									119,894,021	120,369,672	112,943,807
Net income per common share - Basic:	$ 1.59	$ 0.08	$ 0.21	$ (0.04)	$ 0.71	$ 0.09	$ 0.19	$ 0	$ 1.81	$ 0.98	$ 0.09
Net income per common share - Diluted:	$ 1.58	$ 0.08	$ 0.21	$ (0.04)	$ 0.71	$ 0.08	$ 0.19	$ 0	$ 1.79	$ 0.98	$ 0.09
Kazzam LLC [Member] | Primary Beneficiary [Member]
Dilutive Securities Included And Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Adjustment to Kazzam liability (see above):									$ (410)	$ 0	$ 0

Inventories, Net - Inventories

Inventories, Net - Inventories (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Finished goods	$ 562,809	$ 581,277
Raw materials	30,346	23,222
Work in process	10,911	9,369
Inventories, net	$ 604,066	$ 613,868

Property, Plant and Equipment55

Property, Plant and Equipment, Net - Property, Plant and Equipment, Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 627,930	$ 557,916
Less: accumulated depreciation	(326,789)	(265,012)
Property plant and equipment, net	301,141	292,904
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	187,937	157,170
Buildings [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 68,451	67,851
Useful lives	40 years
Data Processing [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 63,354	49,688
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	120,146	109,218
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	177,309	163,539
Land [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment gross	$ 10,733	$ 10,450
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 Equipment56

Property, Plant and Equipment, Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property Plant and Equipment Useful Life and Values [Abstract]
Depreciation expense related to property, plant and equipment, including assets under capital leases	$ 68,209	$ 66,383	$ 61,630

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) $ in Thousands	1 Months Ended				12 Months Ended
	Jul. 31, 2017USD ($)	Apr. 30, 2017USD ($)	Mar. 31, 2017USD ($)StoreFranchised_Stores	Jan. 31, 2017USD ($)StoreFranchised_Stores	Dec. 31, 2017USD ($)Stores	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Consideration paid for acquisition					$ 74,710	$ 31,820	$ 22,615
Deferred tax liabilities					202,980	316,873
Deferred tax assets					$ 52,367	$ 56,189
Punchbowl Inc [Member]
Business Acquisition [Line Items]
Payment for equity method investment		$ 4,000
Equity method investment, ownership percentage		28.00%			28.00%
Louisiana and Alabama [Member]
Business Acquisition [Line Items]
Number of franchise stores acquired | Franchised_Stores				18
Total consideration amount				$ 16,000
Fair value inventories acquired				7,600
Fair value property, plant and equipment acquired				2,000
Fair value intangible asset acquired				3,900
Fair value liability due to unfavorable leases conditions				$ 1,400
Number of corporate-owned stores | Store				700
Oklahoma [Member]
Business Acquisition [Line Items]
Consideration paid for acquisition					$ 6,000
Number of party stores acquired | Stores					7
Granmark [Member]
Business Acquisition [Line Items]
Fair value inventories acquired			$ 3,300
Fair value property, plant and equipment acquired			$ 3,100
Business combination, acquisition percentage			85.00%		85.00%
Consideration paid for acquisition			$ 22,000
Business combination, percentage of remaining interest			15.00%		15.00%
Business combination, cash acquired			$ 5,600
Liability recorded for the estimated purchase price of remaining interest to be acquired					$ 2,874
Fair value accounts receivable acquired			4,600
Fair value other current assets acquired			900
Fair value accounts payable assumed			1,500
Fair value accrued expenses assumed			2,700
Fair value loans and notes payable assumed			6,500
Deferred tax liabilities			$ 800
Granmark [Member] | Minimum [Member]
Business Acquisition [Line Items]
Business combination, period to acquire remaining interest			3 years		3 years
Granmark [Member] | Maximum [Member]
Business Acquisition [Line Items]
Business combination, period to acquire remaining interest			5 years		5 years
Granmark [Member] | Customer Lists [Member]
Business Acquisition [Line Items]
Fair value intangible asset acquired			$ 4,700
Granmark [Member] | Trade Name [Member]
Business Acquisition [Line Items]
Fair value intangible asset acquired			$ 900
North Carolina and South Carolina [Member]
Business Acquisition [Line Items]
Number of franchise stores acquired | Franchised_Stores			18
Total consideration amount			$ 32,000
Fair value inventories acquired			7,700
Fair value property, plant and equipment acquired			500
Fair value intangible asset acquired			5,500
Fair value liability due to unfavorable leases conditions			$ 300
Number of corporate-owned stores | Store			700
Deferred tax assets			$ 800
Print Appeal Inc [Member]
Business Acquisition [Line Items]
Business combination, acquisition percentage	60.00%				60.00%
Consideration paid for acquisition	$ 3,000
Business combination, percentage of remaining interest	40.00%				40.00%
Business combination, period to acquire remaining interest					6 years
Liability recorded for the estimated purchase price of remaining interest to be acquired					$ 3,063
Print Appeal Inc [Member] | Minimum [Member]
Business Acquisition [Line Items]
Business combination, period to acquire remaining interest	4 years
Print Appeal Inc [Member] | Maximum [Member]
Business Acquisition [Line Items]
Business combination, period to acquire remaining interest	6 years

Acquisitions - Schedule of Chan

Acquisitions - Schedule of Changes in Goodwill by Reporting Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	$ 1,572,568
Ending balance	1,619,253	$ 1,572,568
Wholesale Segment [Member]
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	491,859	494,299
Foreign currency impact	4,365	(6,012)
Ending balance	513,946	491,859
Wholesale Segment [Member] | Granmark [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	13,241	0
Wholesale Segment [Member] | Print Appeal Inc [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	3,133	0
Wholesale Segment [Member] | Other Acquisitions [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	1,348	3,572
Retail Segment [Member]
Schedule Of Goodwill By Segment [Line Items]
Beginning balance	1,080,709	1,068,216
Foreign currency impact	1,573	(376)
Ending balance	1,105,307	1,080,709
Retail Segment [Member] | Store Acquisition [Member]
Schedule Of Goodwill By Segment [Line Items]
Business acquisition	$ 23,025	$ 12,869

Intangible Assets - Schedule of

Intangible Assets - Schedule of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Cost	$ 189,507	$ 173,671
Accumulated Amortization	113,803	97,090
Net Carrying Value	75,704	76,581
Retail Franchise Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	81,600	72,200
Accumulated Amortization	35,700	27,600
Net Carrying Value	45,900	44,600
Customer Lists and Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	61,527	56,385
Accumulated Amortization	36,268	30,796
Net Carrying Value	25,259	25,589
Copyrights and Designs [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	29,030	29,030
Accumulated Amortization	27,406	24,454
Net Carrying Value	1,624	4,576
Leasehold Interests [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	16,850	15,556
Accumulated Amortization	14,229	14,140
Net Carrying Value	2,621	1,416
Non-compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	500	500
Accumulated Amortization	200	100
Net Carrying Value	$ 300	$ 400
Useful lives	5 years	5 years
Minimum [Member] | Retail Franchise Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	4 years	4 years
Minimum [Member] | Customer Lists and Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	2 years	3 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
Maximum [Member] | Retail Franchise Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	19 years	19 years
Maximum [Member] | Customer Lists and Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives	20 years	20 years
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	17 years	11 years

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Intangible Liability Disclosure [Abstract]
Amortization expense for finite-lived intangible assets	$ 16,959	$ 17,247	$ 18,885
Amortization expense for next twelve months	14,239
Amortization expense for two year	12,987
Amortization expense for three year	10,043
Amortization expense for four year	8,461
Amortization expense for five year	$ 6,034

Loans and Notes Payable - ABL F

Loans and Notes Payable - ABL Facility - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2017USD ($)OptionPlan	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 286,291,000	$ 120,138,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 286,250,000
Interest rates	4.63%
Outstanding letter of credit	$ 26,328,000
Line of credit facility, remaining borrowing capacity	171,955,000
ABL Facility [Member]
Debt Instrument [Line Items]
Unamortized financing costs	2,210,000
ABL Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit facility current borrowing capacity	540,000,000
Credit facility borrowing maximum capacity	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, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 286,291	$ 120,138
Foreign Facilities [Member]
Debt Instrument [Line Items]
Line of credit facility, amount outstanding	$ 2,251	$ 1,162

Long-Term Obligations - Summary

Long-Term Obligations - Summary of Long-Term Obligations (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total long-term obligations	$ 1,545,149	$ 1,552,952
Less: current portion	(13,059)	(13,348)
Long-term obligations, excluding current portion	1,532,090	1,539,604
Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term obligations	345,368	344,544
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Total long-term obligations	3,276	2,912
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Total long-term obligations	1,211,268
Term Loan Credit Agreement [Member] | Senior Secured Term Loan Facility [Member]
Debt Instrument [Line Items]
Total long-term obligations	$ 1,196,505	$ 1,205,496

Long-Term Obligations - Summa64

Long-Term Obligations - Summary of Long-Term Obligations (Parenthetical) (Detail)	Dec. 31, 2017	Dec. 31, 2016
Senior Notes [Member]
Debt Instrument [Line Items]
Notes issued rate	6.125%	6.125%

Long-Term Obligations - Term Lo

Long-Term Obligations - Term Loan Credit Agreement - Additional Information (Detail) $ in Thousands	Oct. 31, 2016USD ($)OptionPlan	Feb. 28, 2018	Oct. 31, 2016USD ($)OptionPlan	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Outstanding principal amount of term loans				$ 1,545,149	$ 1,552,952
Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Percentage of net cash proceeds above sale of assets subject to debt mandatory prepayment	100.00%		100.00%	100.00%
Percentage of net cash proceeds of incurrence of debt subject to debt mandatory prepayment	100.00%		100.00%	100.00%
Percentage excess cash flow debt mandatory prepayment subject to leverage ratio	50.00%		50.00%	50.00%
Leverage ratio Above that Fifty percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	3.50		3.50	3.50
Leverage ratio below that zero percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement			2.50	2.50
Outstanding principal amount of term loans				$ 1,211,268
Original issuance discount, call premium and deferred financing costs				$ 14,763
Interest rates				4.46%
Term Loan Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio below that Twenty Five percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement			3.50	3.50
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	25.00%		25.00%	25.00%
Term Loan Credit Agreement [Member] | Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio below that Twenty Five percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement			1	1
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	0.00%		0.00%	0.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Line of credit facility maximum borrowing capacity	$ 100,000		$ 100,000
Interest rate description				The applicable margin for ABR borrowings was lowered from 2.25% to 2.00% and the applicable margin for LIBOR borrowings was lowered from 3.25% to 3.00%. Additionally, the LIBOR floor was lowered from 1.00% to 0.75%.
Number of pricing options | OptionPlan	2		2
Minimum adjustment rate of LIBOR	1.75%
Decreased LIBOR floor rate	0.75%
Credit facility maturity date			Aug. 19, 2022
Term loans repayment, quarterly installment percentage			0.25%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Maximum [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Leverage ratio below that Twenty Five percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement		3.2
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Minimum [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
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] | Alternate Base Interest Rate Loans [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			2.25%	2.00%
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) 1.75% or (ii) the LIBOR rate, with a LIBOR floor of 0.75%, in each case plus an applicable margin.
Percentage of voluntary prepayments				1.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Alternate Base Interest Rate Loans [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		1.75%
Debt instrument interest rate increase decrease		1.50%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%		3.25%	3.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Basis spread on variable rate		2.75%
Debt instrument interest rate increase decrease		2.50%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR Floor Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%		1.00%	0.75%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Federal Funds Rate [Member]
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR Based Loans [Member]
Debt Instrument [Line Items]
Interest rate description				(ii) the LIBOR rate, with a LIBOR floor of 0.75%, in each case plus an applicable margin.

Long-Term Obligations - Senior

Long-Term Obligations - Senior Notes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Capital lease obligations	$ 3,276	$ 2,912
Senior Notes [Member]
Debt Instrument [Line Items]
Notes issued rate	6.125%	6.125%
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	$ 4,632
Senior Notes [Member] | Debt Instrument Redemption by Equity Offering Before August 15, 2018 [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	106.125%
Senior Notes [Member] | Debt Instrument Redemption Period with Premium Before August 15, 2018 [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	100.00%
Senior Notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Percentage of principal amount redeemed	40.00%
Senior Notes and Term Loan Credit Agreement [Member]
Debt Instrument [Line Items]
Restricted payment capacity	$ 87,087

Long-Term Obligations - Summa67

Long-Term Obligations - Summary of Debt Instrument Redemption (Detail) - Senior Notes [Member]	12 Months Ended
	Dec. 31, 2017
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 - Maturit

Long-Term Obligations - Maturities of Long-Term Obligations (Detail) $ in Thousands	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
2,018	$ 13,059
2,019	12,982
2,020	12,870
2,021	13,066
2,022	1,162,567
Thereafter	350,000
Long-term obligations	1,564,544
Long-Term Debt Obligations [Member]
Debt Instrument [Line Items]
2,018	12,266
2,019	12,266
2,020	12,266
2,021	12,266
2,022	1,162,204
Thereafter	350,000
Long-term obligations	1,561,268
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
2,018	793
2,019	716
2,020	604
2,021	800
2,022	363
Thereafter	0
Long-term obligations	$ 3,276

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)$ / sharesshares
Equity [Abstract]
Authorized capital stock	300,000,000
Common stock, par value | $ / shares	$ 0.01
Preferred stock, par value | $ / shares	$ 0.01
Authorized preferred stock	15,000,000
Number of acquired treasury shares	23,379,567
Value of acquired treasury shares | $	$ 286,733

Capital Stock - Summary Changes

Capital Stock - Summary Changes in Common Shares Outstanding (Detail) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Common Shares Outstanding, Beginning Balance	119,515,894
Treasury stock purchases	(23,379,567)
Common Shares Outstanding, Ending Balance	96,380,102	119,515,894
Common Stock [Member]
Class of Stock [Line Items]
Common Shares Outstanding, Beginning Balance	119,515,894	119,258,374	91,007,894
Adjustment to redeemable securities			3,088,630
Issuance of common stock			25,156,250
Exercise of stock options	243,775	257,520	5,600
Treasury stock purchases	(23,379,567)
Common Shares Outstanding, Ending Balance	96,380,102	119,515,894	119,258,374

Other Expense (Income), Net - S

Other Expense (Income), Net - Summary of Other Expense (Income), Net (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Other Income and Expenses [Abstract]
Undistributed (gain) loss in unconsolidated joint ventures	$ (194)	$ 314	$ 562
Foreign currency losses (gains)	466	(7,417)	3,691
Debt refinancings	0	1,458	94,607
Management agreement termination fee	0	0	30,697
Corporate development expenses	2,660	3,290	1,786
Other, net	1,694	345	(353)
Other expense (income), net	$ 4,626	$ (2,010)	$ 130,990

Other Expense (Income), Net -72

Other Expense (Income), Net - Summary of Other Expense (Income), Net (Parenthetical) (Detail) - Secured Debt [Member] - Term Loan Credit Agreement [Member] - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2015	Dec. 31, 2017
Other Non Operating Income And Expenses [Line Items]
Debt extinguishment amount		$ 15,597
Other Expense [Member]
Other Non Operating Income And Expenses [Line Items]
Debt instrument refinancing expense	$ 79,010

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - Subsidiary Issuer [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, expenses recognized	$ 6,565	$ 5,792	$ 5,196
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 ($) $ / shares in Units, $ in Thousands	Jul. 27, 2013	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of options exercised		$ 1,972	$ 2,726	$ 60
Fair value of options vested		4,354	4,110	1,726
Time Based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 5,309	$ 3,853	$ 3,042
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		$ 5,248
Unrecognized compensation cost weighted-average recognition period		33 months
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding		3,673,600
Options, Average grant date fair value		$ 3.09
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)	12 Months Ended
	Dec. 31, 2017
Time Based Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend rate	0.00%
Risk-free interest rate, Minimum	1.79%
Risk-free interest rate, Maximum	2.22%
Volatility	25.44%
Volatility	27.05%
Time Based Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	5 years 6 months
Time Based Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected option term	6 years 6 months
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend rate	0.00%
Risk-free interest rate	1.86%
Volatility	52.00%
Expected option term	5 years

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, 2017	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding beginning balance	8,461,826	8,517,645	6,686,400
Options granted	101,444	484,950	2,013,764
Options exercised	(243,775)	(257,520)	(5,600)
Options forfeited	(294,734)	(283,249)	(176,919)
Options outstanding ending balance	8,024,761	8,461,826	8,517,645
Average exercise price outstanding beginning balance	$ 8.74	$ 8.28
Options exercisable	2,795,414
Average exercise price granted	$ 14.38	15.78	$ 17.97
Expected to vest (excluding performance-based options)	1,555,747
Average exercise price exercised	$ 5.33	5.33	5.33
Average exercise price forfeited	9.47	10.05	7.36
Average exercise price outstanding ending balance	8.89	8.74	8.28
Average exercise price exercisable	9.07
Average exercise price expected to vest	16.95
Average fair market value of TBOs at grant date granted	$ 4.46	$ 4.68	$ 6.04
Aggregate intrinsic value outstanding ending balance	$ 40,634	$ 46,214	$ 39,453
Aggregate intrinsic value exercisable	13,636
Aggregate intrinsic value expected to vest	$ (4,667)
Weighted average remaining contractual term outstanding ending balance	6 years	6 years 10 months 24 days	7 years 9 months 18 days
Weighted average remaining contractual term exercisable	5 years 10 months 25 days
Weighted average remaining contractual term expected to vest	7 years 8 months 12 days

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Line Items]
U.S. corporate income tax rate			35.00%	35.00%	35.00%
Provisional income tax benefit related to remeasurement of domestic net deferred tax liabilities and deferred tax assets			$ 90,965
Net provisional income tax expense related to deemed repatriation of unremitted earnings of foreign subsidiaries			1,132
Other assets, net	$ 1,150		1,150	$ 804
Deferred income tax liabilities	175,836		$ 175,836	278,819
State tax credit carryforwards expiration year			2,018
Foreign tax credit carryforwards expiration year			2,020
Deferred tax liability	202,980		$ 202,980	316,873
Unrecognized Tax Benefit That Would Impact Effective Tax Rate	855		855	913
Accrued interest and penalties	73		73	$ 28
Scenario, Forecast [Member]
Income Taxes [Line Items]
U.S. corporate income tax rate		21.00%
United Kingdom [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	4,108		$ 4,108
Domestic [Member]
Income Taxes [Line Items]
Operating loss carryforwards acquisition expiration date			2,020
Australia [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	635		$ 635
Other Foreign Country [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	334		334
Germany [Member]
Income Taxes [Line Items]
Net operating loss carryforwards	9,074		9,074
Foreign Tax Authority [Member]
Income Taxes [Line Items]
Transition tax recorded	11,500
Repatriation tax			11,500
Deferred income tax liabilities on unremitted foreign earnings	10,368		10,368
Deferred tax liability	$ 586		$ 586
Foreign Tax Authority [Member] | Scenario, Forecast [Member]
Income Taxes [Line Items]
Transition tax payable recorded in income tax payable		$ 920

Income Taxes - Summary of Domes

Income Taxes - Summary of Domestic and Foreign Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Domestic	$ 153,280	$ 152,800	$ 7,180
Foreign	34,864	33,914	10,688
Total	$ 188,144	$ 186,714	$ 17,868

Income Taxes - Summary Income T

Income Taxes - Summary Income Tax (Benefit) Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal	$ 61,890	$ 50,851	$ 8,137
State	6,267	8,121	2,652
Foreign	7,298	6,864	2,798
Total current expense	75,455	65,836	13,587
Deferred:
Federal	(101,774)	3,290	(6,710)
State	(796)	(906)	(1,086)
Foreign	(81)	1,017	1,618
Total deferred (benefit) expense	(102,651)	3,401	(6,178)
Income tax (benefit) expense	$ (27,196)	$ 69,237	$ 7,409

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred income tax assets:
Inventory valuation	$ 7,064	$ 10,138
Allowance for doubtful accounts	746	893
Accrued liabilities	8,130	10,402
Equity based compensation	3,145	3,236
Federal tax loss carryforwards	960	2,715
State tax loss carryforwards	1,726	1,070
Foreign tax loss carryforwards	14,151	13,992
Foreign tax credit carryforwards	6,412	1,418
Deferred rent	9,867	11,816
Other	166	509
Deferred income tax assets before valuation allowances	52,367	56,189
Less: valuation allowances	(24,073)	(17,331)
Deferred income tax assets, net	28,294	38,858
Deferred income tax liabilities:
Property, plant and equipment	13,855	24,055
Intangible assets	145,066	218,046
Amortization of goodwill and other assets	42,297	61,163
Foreign earnings expected to be repatriated	586	10,954
Other	1,176	2,655
Deferred income tax liabilities	$ 202,980	$ 316,873

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, 2017	Dec. 31, 2016	Dec. 31, 2015
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	1.90%	2.50%	5.70%
Domestic production activities deduction	(1.40%)	(1.00%)	(5.10%)
Contingent consideration adjustment	0.20%	(0.10%)	(6.00%)
Work Opportunity Tax Credit	(0.40%)	(0.30%)	(3.20%)
Valuation allowances	2.10%	0.50%	21.70%
Foreign earnings	(1.70%)	2.30%	9.10%
U.S. - foreign rate differential	(1.90%)	(2.40%)	(13.70%)
Transition Tax on unremitted foreign earnings, net	0.60%	0.00%	0.00%
Effect of the Act on Federal deferred income tax assets and liabilities	(48.40%)	0.00%	0.00%
Other	(0.50%)	0.60%	(2.00%)
Effective income tax rate	(14.50%)	37.10%	41.50%

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, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Balance as of beginning of period	$ 913	$ 765	$ 798
Increases related to current period tax positions	100	444	130
(Decreases) increases related to prior period tax positions	(158)	339	0
Decreases related to settlements	0	(635)	(92)
Decreases related to lapsing of statutes of limitations	0	0	(71)
Balance as of end of period	$ 855	$ 913	$ 765

Commitments, Contingencies an83

Commitments, Contingencies and Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Commitment And Contingencies [Line Items]
Lease expire year		2,029
Rent expense		$ 255,615	$ 235,790	$ 225,543
Product royalty expense		46,242	43,914	45,710
Annual management fee		$ 3,000
Annual management fee as percentage of adjusted EBITDA		1.00%
Management fee payment terms		Ten year
Management termination fee		$ 0	0	30,697
Thomas H. Lee Partners, L.P. [Member]
Commitment And Contingencies [Line Items]
Annual management fee				692
Advent International Corporation [Member]
Commitment And Contingencies [Line Items]
Annual management fee				238
Thomas H. Lee Partners, L.P. and Advent International Corporation [Member]
Commitment And Contingencies [Line Items]
Management termination fee	$ 30,697
American Greetings Corporation [Member]
Commitment And Contingencies [Line Items]
Sales to related party		22,100	19,600	30,100
Purchases from related party		$ 3,700	$ 2,700	$ 3,500

Commitments, Contingencies an84

Commitments, Contingencies and Related Party Transactions - Summary of Future Minimum Lease Payments Under All Operating Leases (Detail) $ in Thousands	Dec. 31, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,018	$ 186,278
2,019	161,996
2,020	146,603
2,021	132,217
2,022	115,502
Thereafter	310,992
Total Minimum Operating Lease Payments	$ 1,053,588

Commitments, Contingencies an85

Commitments, Contingencies and Related Party Transactions - Summary of Future Minimum Product Royalties (Detail) $ in Thousands	Dec. 31, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,018	$ 29,879
2,019	18,982
2,020	6,992
2,021	150
2,022	0
Thereafter	0
Total Future Minimum Royalty Payments	$ 56,003

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)Segment	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Segment Reporting [Abstract]
Number of business segments | Segment	2
Export sales | $	$ 22,812	$ 23,631	$ 22,803

Segment Information - Schedule

Segment Information - Schedule of Company's Industry Segment Data (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net sales	$ 785,020	$ 557,350	$ 541,653	$ 473,963	$ 743,292	$ 553,382	$ 515,426	$ 454,286	$ 2,357,986	$ 2,266,386	$ 2,275,122
Royalties and franchise fees	4,563	2,759	3,225	3,036	5,996	3,568	3,987	3,454	13,583	17,005	19,411
Total revenues									2,371,569	2,283,391	2,294,533
Income from operations	167,378	$ 37,388	$ 60,699	$ 14,671	159,130	$ 36,918	$ 58,480	$ 19,556	280,136	274,084	272,219
Interest expense, net									87,366	89,380	123,361
Other (income) expense, net									4,626	(2,010)	130,990
Income before income taxes									188,144	186,714	17,868
Depreciation and amortization									85,168	83,630	80,515
Capital expenditures									66,970	81,948	78,825
Total assets	3,454,756				3,393,978				3,454,756	3,393,978
Wholesale [Member]
Revenues:
Total revenues									629,397	625,318	653,598
Income from operations									68,130	91,920	85,728
Retail [Member]
Revenues:
Total revenues									1,742,172	1,658,073	1,640,935
Income from operations									212,006	182,164	186,491
Operating Segments [Member]
Revenues:
Net sales									2,988,678	2,893,286	2,848,513
Royalties and franchise fees									13,583	17,005	19,411
Total revenues									3,002,261	2,910,291	2,867,924
Operating Segments [Member] | Wholesale [Member]
Revenues:
Net sales									1,260,089	1,252,218	1,226,989
Royalties and franchise fees									0	0	0
Total revenues									1,260,089	1,252,218	1,226,989
Depreciation and amortization									30,520	29,695	29,352
Capital expenditures									32,490	26,854	18,849
Total assets	1,050,620				1,004,599				1,050,620	1,004,599
Operating Segments [Member] | Retail [Member]
Revenues:
Net sales									1,728,589	1,641,068	1,621,524
Royalties and franchise fees									13,583	17,005	19,411
Total revenues									1,742,172	1,658,073	1,640,935
Depreciation and amortization									54,648	53,935	51,163
Capital expenditures									34,480	55,094	59,976
Total assets	$ 2,404,136				$ 2,389,379				2,404,136	2,389,379
Eliminations [Member]
Revenues:
Total revenues									(630,692)	(626,900)	(573,391)
Eliminations [Member] | Wholesale [Member]
Revenues:
Total revenues									(630,692)	(626,900)	(573,391)
Eliminations [Member] | Retail [Member]
Revenues:
Total revenues									$ 0	$ 0	$ 0

Segment Information - Schedul88

Segment Information - Schedule of Company's Geographic Segments (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net sales to unaffiliated customers									$ 2,357,986	$ 2,266,386	$ 2,275,122
Net sales between geographic areas									0	0	0
Net sales	$ 785,020	$ 557,350	$ 541,653	$ 473,963	$ 743,292	$ 553,382	$ 515,426	$ 454,286	2,357,986	2,266,386	2,275,122
Royalties and franchise fees	4,563	2,759	3,225	3,036	5,996	3,568	3,987	3,454	13,583	17,005	19,411
Total revenues									2,371,569	2,283,391	2,294,533
Income from operations	167,378	$ 37,388	$ 60,699	$ 14,671	159,130	$ 36,918	$ 58,480	$ 19,556	280,136	274,084	272,219
Interest expense, net									87,366	89,380	123,361
Other (income) expense, net									4,626	(2,010)	130,990
Income before income taxes									188,144	186,714	17,868
Depreciation and amortization									85,168	83,630	80,515
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	313,965				297,406				313,965	297,406
Total assets	3,454,756				3,393,978				3,454,756	3,393,978
Reportable Geographical Components [Member] | Domestic [Member]
Revenues:
Net sales to unaffiliated customers									1,962,697	1,917,158	1,937,793
Net sales between geographic areas									54,268	51,916	47,752
Net sales									2,016,965	1,969,074	1,985,545
Royalties and franchise fees									13,583	17,005	19,411
Total revenues									2,030,548	1,986,079	2,004,956
Income from operations									252,270	257,774	267,209
Depreciation and amortization									76,970	77,176	74,849
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	277,791				269,047				277,791	269,047
Total assets	3,131,256				3,147,003				3,131,256	3,147,003
Reportable Geographical Components [Member] | Foreign [Member]
Revenues:
Net sales to unaffiliated customers									395,289	349,228	337,329
Net sales between geographic areas									64,585	80,776	74,974
Net sales									459,874	430,004	412,303
Royalties and franchise fees									0	0	0
Total revenues									459,874	430,004	412,303
Income from operations									27,866	16,310	5,010
Depreciation and amortization									8,198	6,454	5,666
Total long-lived assets (excluding goodwill, trade names and other intangible assets, net)	36,174				28,359				36,174	28,359
Total assets	323,500				246,975				323,500	246,975
Eliminations [Member]
Revenues:
Net sales to unaffiliated customers									0	0	0
Net sales between geographic areas									(118,853)	(132,692)	(122,726)
Net sales									(118,853)	(132,692)	(122,726)
Royalties and franchise fees									0	0	0
Total revenues									(118,853)	(132,692)	(122,726)
Income from operations									0	0	$ 0
Total assets	$ 0				$ 0				$ 0	$ 0

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, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Net sales	$ 785,020	$ 557,350	$ 541,653	$ 473,963	$ 743,292	$ 553,382	$ 515,426	$ 454,286	$ 2,357,986	$ 2,266,386	$ 2,275,122
Royalties and franchise fees	4,563	2,759	3,225	3,036	5,996	3,568	3,987	3,454	13,583	17,005	19,411
Gross profit	367,883	199,827	219,753	175,244	345,199	196,720	207,561	166,519
Income from operations	167,378	37,388	60,699	14,671	159,130	36,918	58,480	19,556	$ 280,136	$ 274,084	$ 272,219
Net (loss) income	$ 184,957	$ 10,084	$ 24,982	$ (4,683)	$ 85,176	$ 10,180	$ 22,515	$ (394)
Net (loss) income per common share-Basic	$ 1.59	$ 0.08	$ 0.21	$ (0.04)	$ 0.71	$ 0.09	$ 0.19	$ 0	$ 1.81	$ 0.98	$ 0.09
Net (loss) income per common share-Diluted	$ 1.58	$ 0.08	$ 0.21	$ (0.04)	$ 0.71	$ 0.08	$ 0.19	$ 0	$ 1.79	$ 0.98	$ 0.09

Quarterly Results (Unaudited)90

Quarterly Results (Unaudited) - Summary of Historical Revenues Gross Profit Income (Loss) From Operations (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Interim Period, Costs Not Allocable [Line Items]
Tax provision at U.S. statutory income tax rate		35.00%	35.00%	35.00%
Provisional benefit related to measurement of deferred tax liabilities		$ 90,965
Provisional benefit due to Act change		$ 1,132
Scenario, Forecast [Member]
Interim Period, Costs Not Allocable [Line Items]
Tax provision at U.S. statutory income tax rate	21.00%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Jul. 31, 2017	Mar. 31, 2017	Dec. 31, 2017	Apr. 30, 2017	Dec. 31, 2015
Variable Interest Entity, Not Primary Beneficiary [Member] | Ampology [Member] | Kazzam LLC [Member]
Debt Instrument [Line Items]
Variable interest entity ownership percentage			70.00%
Punchbowl Inc [Member]
Debt Instrument [Line Items]
Equity method investment, ownership percentage			28.00%	28.00%
Accurate Custom Injection Molding Inc [Member]
Debt Instrument [Line Items]
Business combination, acquisition percentage					75.00%
Estimated purchase price interest			$ 0
Business combination, percentage of remaining interest			25.00%
Business combination, period to acquire remaining interest			7 years
Granmark [Member]
Debt Instrument [Line Items]
Business combination, acquisition percentage		85.00%	85.00%
Business combination, percentage of remaining interest		15.00%	15.00%
Liability recorded for the estimated purchase price of remaining interest to be acquired			$ 2,874
Granmark [Member] | Minimum [Member]
Debt Instrument [Line Items]
Business combination, period to acquire remaining interest		3 years	3 years
Granmark [Member] | Maximum [Member]
Debt Instrument [Line Items]
Business combination, period to acquire remaining interest		5 years	5 years
Print Appeal Inc [Member]
Debt Instrument [Line Items]
Business combination, acquisition percentage	60.00%		60.00%
Estimated purchase price interest			$ 3,063
Business combination, percentage of remaining interest	40.00%		40.00%
Business combination, period to acquire remaining interest			6 years
Liability recorded for the estimated purchase price of remaining interest to be acquired			$ 3,063
Print Appeal Inc [Member] | Minimum [Member]
Debt Instrument [Line Items]
Business combination, period to acquire remaining interest	4 years
Print Appeal Inc [Member] | Maximum [Member]
Debt Instrument [Line Items]
Business combination, period to acquire remaining interest	6 years

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, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 95	$ 697
Derivative liabilities	99	215
Noncontrolling interests liabilities		0
Granmark [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	2,874
Print Appeal Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	3,063
Punchbowl Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	2,122
Kazzam LLC [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	3,590
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Noncontrolling interests liabilities		0
Level 1 [Member] | Granmark [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	0
Level 1 [Member] | Print Appeal Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	0
Level 1 [Member] | Punchbowl Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0
Level 1 [Member] | Kazzam LLC [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	95	697
Derivative liabilities	99	215
Noncontrolling interests liabilities		0
Level 2 [Member] | Granmark [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	0
Level 2 [Member] | Print Appeal Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	0
Level 2 [Member] | Punchbowl Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0
Level 2 [Member] | Kazzam LLC [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Noncontrolling interests liabilities		$ 0
Level 3 [Member] | Granmark [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	2,874
Level 3 [Member] | Print Appeal Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Noncontrolling interests liabilities	3,063
Level 3 [Member] | Punchbowl Inc [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	2,122
Level 3 [Member] | Kazzam LLC [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	$ 3,590

Fair Value Measurements - Sum93

Fair Value Measurements - Summary of Carrying Amount and Fair Value (Detail) $ in Thousands	Dec. 31, 2017USD ($)
Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	$ 345,368
Debt Instrument Fair Value	362,250
Term Loan Credit Agreement [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	1,196,505
Debt Instrument Fair Value	$ 1,217,324

Derivative Financial Instrume94

Derivative Financial Instruments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2017
Derivative [Line Items]
Foreign currency exchange contracts reclassified date	2019-06
Foreign Exchange Risk Management [Member]
Derivative [Line Items]
Hedging effectiveness	100.00%
Foreign Exchange Risk Management [Member] | Maximum [Member]
Derivative [Line Items]
Foreign exchange forward contracts maturity	1 year

Derivative Financial Instrume95

Derivative Financial Instruments - Schedule of Fair Values of Derivatives (Detail) - Foreign Exchange Contracts [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	$ 95	$ 697
Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative liabilities	$ 99	$ 215

Derivative Financial Instrume96

Derivative Financial Instruments - Schedule of Notional Amounts of Derivatives (Detail) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Foreign Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Notional amounts	$ 21,672,000	$ 22,502,000

Changes in Accumulated Other 97

Changes in Accumulated Other Comprehensive Loss - Changes in Accumulated and Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 1,016,789	$ 913,017
Balance	968,435	1,016,789	$ 913,017
Foreign Currency Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(53,171)	(33,401)	(12,969)
Other comprehensive (loss) income before reclassifications, net of income tax	17,561	(19,770)	(20,432)
Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax	0	0	0
Net current-period other comprehensive (loss) income	17,561	(19,770)	(20,432)
Balance	(35,610)	(53,171)	(33,401)
Impact of Foreign Exchange Contracts, Net of Taxes [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	932	611	234
Other comprehensive (loss) income before reclassifications, net of income tax	(1,044)	1,080	675
Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax	(96)	(759)	(298)
Net current-period other comprehensive (loss) income	(1,140)	321	377
Balance	(208)	932	611
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(52,239)	(32,790)	(12,735)
Other comprehensive (loss) income before reclassifications, net of income tax	16,517	(18,690)	(19,757)
Amounts reclassified from accumulated other comprehensive loss to the consolidated statement of operations and comprehensive income, net of income tax	(96)	(759)	(298)
Net current-period other comprehensive (loss) income	16,421	(19,449)	(20,055)
Balance	$ (35,818)	$ (52,239)	$ (32,790)

Organizational Restructuring -

Organizational Restructuring - Additional Information (Detail) $ in Thousands	Mar. 15, 2017USD ($)Installments	Dec. 31, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Consulting Contracts [Line Items]
Severance charge			$ 3,918
Severance bonus target		$ 662
Compensation expense related to modification of certain stock options			$ 1,362
Remaining term Options exercisable in period			60 days
General and administrative expenses			$ 168,369	$ 152,919	$ 151,097
Retail Segment [Member] | Restructuring Charges [Member]
Consulting Contracts [Line Items]
Severance charge			3,195
Retail operating expenses			2,291
General and administrative expenses			$ 904
Executive Chairman [Member]
Consulting Contracts [Line Items]
Base salary	$ 2,049
Executive Chairman [Member] | 2017 [Member]
Consulting Contracts [Line Items]
Base salary	$ 2,090
Percentage of base salary with target amount	80.00%
Executive Chairman [Member] | 2018 [Member]
Consulting Contracts [Line Items]
Consulting agreement monthly payments	$ 40
Aggregate severance payment due, number of equal quarterly installments | Installments	4

Kazzam, LLC - Additional Inform

Kazzam, LLC - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Mar. 14, 2018
Schedule of Equity Method Investments [Line Items]
Capitalized costs	$ 627,930	$ 557,916
Adjustments to additional paid in capital warrant issued	421
Warrant fair value	$ 4,937	$ 5,818	$ 40,516
Ampology [Member]
Schedule of Equity Method Investments [Line Items]
Entity ownership percentage	70.00%
Ampology [Member] | Website Development Costs [Member]
Schedule of Equity Method Investments [Line Items]
Capitalized costs	$ 498
Ampology [Member] | Kazzam LLC [Member]
Schedule of Equity Method Investments [Line Items]
Entity ownership percentage	70.00%
Equity method investment aggregate cost	$ 2,682
Ampology [Member] | Kazzam LLC [Member] | Subsequent Event [Member]
Schedule of Equity Method Investments [Line Items]
Entity ownership percentage				70.00%
Ampology [Member] | Warrant [Member] | Website Development Costs [Member]
Schedule of Equity Method Investments [Line Items]
Capitalized costs	$ 70
Kazzam LLC [Member]
Schedule of Equity Method Investments [Line Items]
Entity ownership percentage	30.00%
Percentage of operating results recorded in consolidated financial statement	100.00%
Entity description of entity	a) Kazzam is a variable interest entity as it has insufficient equity at risk and b) the Company is its primary beneficiary.
Adjustments to additional paid in capital warrant issued	$ 351
Kazzam LLC [Member] | Ampology [Member] | Warrant [Member]
Schedule of Equity Method Investments [Line Items]
Warrant received to acquire Party City Holdco Inc Sock	596,000
Warrant exercise price	$ 15.60
Warrant fair value	$ 1,931
Warrant amortization period	4 years

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Oct. 31, 2016	Mar. 31, 2018USD ($)Stores	Feb. 28, 2018	Oct. 31, 2016	Dec. 31, 2017USD ($)
Subsequent Event [Line Items]
Banker fees					$ 850,000
Term Loan Credit Agreement [Member]
Subsequent Event [Line Items]
Percentage of net cash proceeds above sale of assets subject to debt mandatory prepayment	100.00%			100.00%	100.00%
Percentage of net cash proceeds of incurrence of debt subject to debt mandatory prepayment	100.00%			100.00%	100.00%
Percentage excess cash flow debt mandatory prepayment subject to leverage ratio	50.00%			50.00%	50.00%
Leverage ratio Above that Fifty percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement	3.50			3.50	3.50
Leverage ratio below that zero percentage of Excess Cash Flow as defined in the New Term Loan Credit Agreement				2.50	2.50
Term Loan Credit Agreement [Member] | Maximum [Member]
Subsequent Event [Line Items]
Senior secured leverage ratio				3.50	3.50
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	25.00%			25.00%	25.00%
Term Loan Credit Agreement [Member] | Minimum [Member]
Subsequent Event [Line Items]
Senior secured leverage ratio				1	1
Reduction in percentage of excess cash flow debt mandatory prepayment subject to leverage ratio	0.00%			0.00%	0.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | Alternate Base Interest Rate Loans [Member]
Subsequent Event [Line Items]
Basis spread on variable rate				2.25%	2.00%
Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR [Member]
Subsequent Event [Line Items]
Basis spread on variable rate	1.00%			3.25%	3.00%
Subsequent Event [Member] | Term Loan Credit Agreement [Member] | Secured Debt [Member]
Subsequent Event [Line Items]
Term Loan Credit Agreement, amendment description			based on the terms of the amendment, the ABR and LIBOR margins will drop to 1.50% and 2.50%, respectively, if the Company's Senior Secured Leverage Ratio, as defined by the agreement, falls below 3.2 to 1.0.
Percentage of voluntary prepayments			1.00%
Subsequent Event [Member] | Term Loan Credit Agreement [Member] | Secured Debt [Member] | Maximum [Member]
Subsequent Event [Line Items]
Senior secured leverage ratio			3.2
Subsequent Event [Member] | Term Loan Credit Agreement [Member] | Secured Debt [Member] | Minimum [Member]
Subsequent Event [Line Items]
Senior secured leverage ratio			1
Subsequent Event [Member] | Term Loan Credit Agreement [Member] | Secured Debt [Member] | Alternate Base Interest Rate Loans [Member]
Subsequent Event [Line Items]
Basis spread on variable rate			1.75%
Debt instrument interest rate increase decrease			1.50%
Subsequent Event [Member] | Term Loan Credit Agreement [Member] | Secured Debt [Member] | LIBOR [Member]
Subsequent Event [Line Items]
Basis spread on variable rate			2.75%
Debt instrument interest rate increase decrease			2.50%
Subsequent Event [Member] | Maryland [Member]
Subsequent Event [Line Items]
Number of franchise stores acquired | Stores		11
Total consideration amount		$ 14,000,000

Schedule I - Condensed Finan101

Schedule I - Condensed Financial Information of Registrant - Condensed Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Other assets (principally investment in and amounts due from wholly-owned subsidiaries)	$ 12,824	$ 4,502
Total assets	3,454,756	3,393,978
LIABILITIES, REDEEMABLE SECURITIES AND STOCKHOLDERS' EQUITY
Total liabilities	2,482,376	2,377,189
Redeemable securities	3,590	0
Commitments and contingencies
Stockholders' equity:
Common stock ($0.01 par value; 96,380,102 and 119,515,894 shares outstanding and 119,759,669 and 119,515,894 shares issued at December 31, 2017 and December 31, 2016, respectively )	1,198	1,195
Additional paid-in capital	917,192	910,167
Retained earnings	372,596	157,666
Accumulated other comprehensive loss	(35,818)	(52,239)
Total stockholders' equity before common stock held in treasury	1,255,168	1,016,789
Less: Common stock held in treasury, at cost (23,379,567 shares at December 31, 2017)	(286,733)	0
Total stockholders' equity	968,435	1,016,789	$ 913,017
Total liabilities, redeemable securities and stockholders' equity	3,454,756	3,393,978
Party City Holdco Inc. [Member]
ASSETS
Other assets (principally investment in and amounts due from wholly-owned subsidiaries)	972,025	1,016,789
Total assets	972,025	1,016,789
LIABILITIES, REDEEMABLE SECURITIES AND STOCKHOLDERS' EQUITY
Total liabilities	0	0
Redeemable securities	3,590	0
Commitments and contingencies
Stockholders' equity:
Common stock ($0.01 par value; 96,380,102 and 119,515,894 shares outstanding and 119,759,669 and 119,515,894 shares issued at December 31, 2017 and December 31, 2016, respectively )	1,198	1,195
Additional paid-in capital	917,192	910,167
Retained earnings	372,596	157,666
Accumulated other comprehensive loss	(35,818)	(52,239)
Total stockholders' equity before common stock held in treasury	1,255,168	1,016,789
Less: Common stock held in treasury, at cost (23,379,567 shares at December 31, 2017)	(286,733)	0
Total stockholders' equity	968,435	1,016,789
Total liabilities, redeemable securities and stockholders' equity	$ 972,025	$ 1,016,789

Schedule I - Condensed Finan102

Schedule I - Condensed Financial Information of Registrant - Condensed Balance Sheets (Parenthetical) (Detail) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Common stock, par value	$ 0.01
Common stock, shares issued	119,759,669	119,515,894
Common stock, shares outstanding	96,380,102	119,515,894
Common stock held in treasury, shares at cost	23,379,567
Party City Holdco Inc. [Member]
Condensed Financial Statements, Captions [Line Items]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares issued	119,759,669	119,515,894
Common stock, shares outstanding	96,380,102	119,515,894
Common stock held in treasury, shares at cost	23,379,567

Schedule I - Condensed Finan103

Schedule I - Condensed Financial Information of Registrant - Condensed Statements of Operations and Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Condensed Income Statements, Captions [Line Items]
Net income	$ 215,340	$ 117,477	$ 10,459
Other comprehensive income (loss)	16,421	(19,449)	(20,055)
Comprehensive income (loss)	231,761	98,028	(9,596)
Party City Holdco Inc. [Member]
Condensed Income Statements, Captions [Line Items]
Equity in net income of subsidiaries	215,340	117,477	10,459
Net income	215,340	117,477	10,459
Other comprehensive income (loss)	16,421	(19,449)	(20,055)
Comprehensive income (loss)	$ 231,761	$ 98,028	$ (9,596)

Schedule I - Condensed Finan104

Schedule I - Condensed Financial Information of Registrant - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows provided by (used in) operating activities:
Net income	$ 215,340	$ 117,477	$ 10,459
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Change in due to/from affiliates	19,408	86,893	(78,293)
Cash flows (used in) provided by financing activities:
Issuance of common stock	0	0	397,159
Treasury stock purchases	(286,733)	0	0
Exercise of stock options	1,298	1,373	30
Net (decrease) increase in cash and cash equivalents	(10,319)	21,691	(4,295)
Cash and cash equivalents at beginning of period	64,610	42,919	47,214
Cash and cash equivalents at end of period	54,291	64,610	42,919
Party City Holdco Inc. [Member]
Cash flows provided by (used in) operating activities:
Net income	215,340	117,477	10,459
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Equity in net income of subsidiaries	(215,340)	(117,477)	(10,459)
Change in due to/from affiliates	285,435	(1,373)	(397,189)
Net cash provided by (used in) operating activities	285,435	(1,373)	(397,189)
Cash flows (used in) provided by financing activities:
Issuance of common stock	0	0	397,159
Treasury stock purchases	(286,733)	0	0
Exercise of stock options	1,298	1,373	30
Net cash (used in) provided by financing activities	(285,435)	1,373	397,189
Net (decrease) increase 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) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Party City Holdco Inc. [Member]
Dividends [Line Items]
Dividends received	$ 0	$ 0	$ 0

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance	$ 2,683	$ 2,343	$ 2,889
Write-Offs	272	441	769
Additions	560	781	223
Ending Balance	2,971	2,683	2,343
Sales Returns and Allowances [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance	466	655	526
Write-Offs	83,865	80,317	78,219
Additions	83,879	80,128	78,348
Ending Balance	$ 480	$ 466	$ 655