Sequential Brands (SQBG) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	Apr. 29, 2016
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Entity Registrant Name	Sequential Brands Group, Inc.
Entity Central Index Key	1,648,428
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	SQBG
Entity Common Stock, Shares Outstanding		62,111,140

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 41,379	$ 41,560
Accounts receivable, net	34,603	42,026
Available-for-sale securities	6,613	5,611
Prepaid expenses and other current assets	5,154	5,276
Current assets held for disposition from discontinued operations of wholesale business	103	113
Total current assets	87,852	94,586
Property and equipment, net	7,529	6,547
Intangible assets, net	872,002	872,277
Goodwill	313,533	314,288
Other assets	1,796	2,139
Total assets	1,282,712	1,289,837
Current Liabilities:
Accounts payable and accrued expenses	18,301	23,722
Deferred revenue	1,023	2,157
Current portion of long-term debt	20,000	19,000
Total current liabilities	39,324	44,879
Long-term debt, net of current portion	518,497	523,065
Deferred tax liability	185,249	184,881
Other long-term liabilities	11,560	10,686
Long-term liabilities held for disposition from discontinued operations of wholesale business	667	677
Long-Term Liabilities:
Total liabilities	$ 755,297	$ 764,188
Commitments and Contingencies
Equity:
Preferred stock Series A, $0.01 par value; 10,000,000 shares authorized; none issued and outstanding at March 31, 2016 and December 31, 2015	$ 0	$ 0
Common stock, $0.01 par value; 150,000,000 shares authorized; 62,610,960 and 60,991,127 shares issued at March 31, 2016 and December 31, 2015, respectively, and 62,111,140 and 60,480,474 shares outstanding at March 31, 2016 and December 31, 2015, respectively	621	605
Additional paid-in capital	497,943	496,179
Accumulated other comprehensive loss	(5,477)	(6,466)
Accumulated deficit	(39,906)	(38,830)
Treasury stock, at cost; 71,646 shares at March 31, 2016 and none at December 31, 2015	(501)	0
Total Sequential Brands Group, Inc. and Subsidiaries stockholders’ equity	452,680	451,488
Noncontrolling interest	74,735	74,161
Total equity	527,415	525,649
Total liabilities and equity	$ 1,282,712	$ 1,289,837

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
Preferred stock Series A, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock Series A, shares authorized	10,000,000	10,000,000
Preferred stock Series A, shares issued	0	0
Preferred stock Series A, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	62,610,960	60,991,127
Common stock, shares outstanding	62,111,140	60,480,474
Treasury stock, shares	71,646	0

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net revenue	$ 34,008	$ 13,617
Operating expenses	21,977	8,676
Income from operations	12,031	4,941
Other income	93	700
Interest expense, net	10,690	3,160
Income before income taxes	1,434	2,481
Provision for income taxes	399	919
Net income	1,035	1,562
Net income attributable to noncontrolling interest	(2,111)	(118)
Net (loss) income attributable to Sequential Brands Group, Inc. and Subsidiaries	$ (1,076)	$ 1,444
(Loss) earnings per share attributable to Sequential Brands Group, Inc. and Subsidiaries:
Basic (in dollars per share)	$ (0.02)	$ 0.04
Diluted (in dollars per share)	$ (0.02)	$ 0.04
Weighted-average common shares outstanding:
Basic (in shares)	61,209,868	39,039,993
Diluted (in shares)	61,209,868	41,187,458

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 1,035	$ 1,562
Other comprehensive income (loss):
Unrealized gain on available-for-sale securities, net of tax	1,002	0
Unrealized loss on interest rate hedging transactions, net of tax	(13)	(106)
Other comprehensive income (loss), net of tax	989	(106)
Comprehensive income	2,024	1,456
Comprehensive income attributable to noncontrolling interest	(2,111)	(118)
Comprehensive (loss) income attributable to Sequential Brands Group, Inc. and Subsidiaries	$ (87)	$ 1,338

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - 3 months ended Mar. 31, 2016 - USD ($) $ in Thousands	Total	Common Stock	Preferred Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Accumulated Deficit	Treasury Stock	Total Sequential Brands Group, Inc. and Subsidiaries Stockholders' Equity	Noncontrolling Interest
Balance at Dec. 31, 2015	$ 525,649	$ 605	$ 0	$ 496,179	$ (6,466)	$ (38,830)	$ 0	$ 451,488	$ 74,161
Balance (in shares) at Dec. 31, 2015		60,480,474	0				0
Stock-based compensation	1,780	$ 2	$ 0	1,778	0	0	$ 0	1,780	0
Stock-based compensation (in shares)		255,666	0				0
Issuance of Galaxy Brand Holdings, Inc. holdback shares	0	$ 14	$ 0	(14)	0	0	$ 0	0	0
Issuance of Galaxy Brand Holdings, Inc. holdback shares (in shares)		1,375,000	0				0
Unrealized loss on interest rate hedging transactions	(13)	$ 0	$ 0	0	(13)	0	$ 0	(13)	0
Unrealized gain on available-for-sale securities	1,002	0	0	0	1,002	0	0	1,002	0
Repurchase of common stock	(501)	$ 0	$ 0	0	0	0	$ (501)	(501)	0
Repurchase of common stock (in shares)		0	0				(71,646)
Noncontrolling interest distribution	(1,537)	$ 0	$ 0	0	0	0	$ 0	0	(1,537)
Net income attributable to noncontrolling interest	2,111	0	0	0	0	0	0	0	2,111
Net loss attributable to common stockholders	(1,076)	0	0	0	0	(1,076)	0	(1,076)	0
Balance at Mar. 31, 2016	$ 527,415	$ 621	$ 0	$ 497,943	$ (5,477)	$ (39,906)	$ (501)	$ 452,680	$ 74,735
Balance (in shares) at Mar. 31, 2016		62,111,140	0				(71,646)

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash Flows From Operating Activities
Net income	$ 1,035	$ 1,562
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for bad debts	75	63
Depreciation and amortization	1,143	377
Stock-based compensation	1,780	2,531
Amortization of deferred financing costs	432	303
Gain on sale of trademark	0	(700)
Loss on disposal of fixed assets	501	0
Deferred income taxes	368	806
Changes in operating assets and liabilities:
Accounts receivable	7,348	776
Prepaid expenses and other assets	1,291	(45)
Accounts payable and accrued expenses	(5,461)	(612)
Deferred revenue	(1,134)	(285)
Other liabilities	(887)	(424)
Cash Provided By Operating Activities From Continuing Operations	6,491	4,352
Cash Used In Operating Activities From Discontinued Operations	0	(75)
Cash Provided By Operating Activities	6,491	4,277
Cash Flows From Investing Activities
Acquisition of intangible assets	(72)	(113)
Acquisition of property and equipment	(607)	(207)
Proceeds from sale of property and equipment	45	0
Proceeds from sale of trademark	0	140
Cash Used In Investing Activities	(634)	(180)
Cash Flows From Financing Activities
Proceeds from options exercised	0	13
Proceeds from warrants exercised	0	58
Repayment of long-term debt	(4,000)	(3,000)
Repurchase of common stock	(501)	(660)
Noncontrolling interest distribution	(1,537)	0
Cash Used In Financing Activities	(6,038)	(3,589)
Net (Decrease) Increase In Cash	(181)	508
Cash — Beginning of period	41,560	22,521
Cash — End of period	41,379	23,029
Cash paid for:
Interest	10,000	2,932
Taxes	81	542
Non-cash Investing And Financing Activities
Receivable for sale of trademark	$ 0	$ 560

Organization and Nature of Oper

Organization and Nature of Operations	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Nature of Operations	1. Organization and Nature of Operations Overview Sequential Brands Group, Inc. (the “Company” or “New Sequential”) owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company aims to maximize the strategic value of its brands by promoting, marketing and licensing its global brands through various distribution channels, including to retailers, wholesalers and distributors in the United States and in certain international territories. The Company’s core strategy is to enhance and monetize the global reach of its existing brands, and to pursue additional strategic acquisitions to grow the scope of and diversify its portfolio of brands. The Company licenses brands to both wholesale and direct-to-retail licensees. In a wholesale license, a wholesale supplier is granted rights (typically on an exclusive basis) to a single or small group of related product categories for a particular brand for sale to multiple accounts within an approved channel of distribution and territory. In a direct-to-retail license, a single retailer is granted the right (typically on an exclusive basis) to sell branded products in a broad range of product categories through its brick and mortar stores and e-commerce sites. As of March 31, 2016, the Company had more than one-hundred fifty licensees, with wholesale licensees comprising a significant majority. The Company was formed on June 5, 2015, for the purpose of effecting the merger of Singer Merger Sub, Inc. with and into SQBG, Inc. (formerly known as Sequential Brands Group, Inc.) (“Old Sequential”) and the merger of Madeline Merger Sub, Inc. with and into Martha Stewart Living Omnimedia, Inc. (“MSLO”), with Old Sequential and MSLO each surviving the merger as wholly owned subsidiaries of the Company (the “Mergers”). Prior to the Mergers, the Company did not conduct any activities other than those incidental to its formation and the matters contemplated in the Agreement and Plan of Merger, dated as of June 22, 2015, as amended, by and among the Company, MSLO, Old Sequential, Singer Merger Sub, Inc., and Madeline Merger Sub, Inc. (the “Merger Agreement”). On December 4, 2015, pursuant to the Merger Agreement, Old Sequential and MSLO completed the strategic combination of their respective businesses and became wholly owned subsidiaries of the Company. Old Sequential was the accounting acquirer in the Mergers; therefore, the historical consolidated financial statements for Old Sequential for periods prior to the Mergers are considered to be the historical financial statements of the Company and thus, the Company’s consolidated financial statements reflect Old Sequential’s consolidated financial statements for the period from January 1, 2015 through December 4, 2015, and the Company’s thereafter. References to “the Company” when referring to periods prior to the consummation of the Mergers on December 4, 2015 are references to Old Sequential.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Rule 10-01 of Regulation S-X of the United States Securities and Exchange Commission (the “SEC”). Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all of the information and footnotes necessary for a comprehensive presentation of financial position, results of operations or cash flows. It is the Company’s opinion, however, that the accompanying unaudited condensed consolidated financial statements include all adjustments, which are of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the SEC on March 14, 2016, which contains the audited consolidated financial statements and notes thereto, together with Management’s Discussion and Analysis of Financial Condition and Results of Operations, for the years ended December 31, 2015, 2014 and 2013. The financial information as of December 31, 2015 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The interim results for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for the year ending December 31, 2016 or for any future interim periods. On January 1, 2016, the Company adopted Accounting Standards Update (“ASU”) No. 2015-03 – “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs on the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. The standard’s core principle is that debt issuance costs related to a note are reflected in the balance sheet as a direct deduction from the face amount of that note and amortization of debt issuance costs is reported in interest expense. As a result of the adoption of ASU 2015-03, the Company has reclassified certain balance sheet accounts for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. The Company reclassified approximately $ 7.9 The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation. The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates. The Company accounted for the decisions to close down its wholesale operations as discontinued operations in accordance with the guidance provided in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Accounting for Impairment or Disposal of Long-Lived Assets Presentation of Financial Statements The Company has entered into various license agreements that provide revenues based on guaranteed minimum royalty payments and advertising/marketing fees with additional royalty revenues based on a percentage of defined sales. Guaranteed minimum royalty payments and advertising/marketing revenue are recognized on a straight-line basis over the term of each contract year, as defined in each license agreement. Royalty payments exceeding the guaranteed minimum royalty payments are recognized as income during the period corresponding to the licensee’s sales. Payments received as consideration for the grant of a license are recorded as deferred revenue at the time payment is received and recognized ratably as revenue over the term of the license agreement. Advanced royalty payments are recorded as deferred revenue at the time payment is received and recognized as revenue as earned. Revenue is not recognized unless collectability is reasonably assured. If license agreements are terminated prior to the original licensing period, the Company recognizes revenue in the amount of any contractual termination fees, unless such amounts are deemed non-recoverable. With respect to editorial content for books, the Company receives advance payments from the Company’s publishers and recognizes revenue when manuscripts are delivered to and accepted by the publishers. Revenue is also earned from book publishing when sales on a unit basis exceed the advanced royalty. Television sponsorship revenues are generally recorded ratably across the period when new episodes initially air. Accounts receivable are recorded net of allowances for doubtful accounts, based on the Company’s ongoing discussions with its licensees and other customers and its evaluation of their creditworthiness, payment history and account aging. Accounts receivable balances deemed to be uncollectible are charged to the allowance for doubtful accounts after all means of collection have been exhausted and the potential for recovery is considered remote. The allowance for doubtful accounts was approximately $ 0.3 The Company’s accounts receivable amounted to approximately $ 34.6 42.0 26 14 12 26 15 11 The Company has marketable securities that are classified as available-for-sale securities under ASC 320, “Investments – Debt and Equity Securities”. Such available-for-sale securities are reported at fair value in the accompanying condensed consolidated balance sheets and at the time of purchase in the unaudited condensed consolidated statements of cash flows as an investing activity. The Company reviews its available-for-sale securities at each reporting period to determine whether a decline in fair value is other-than-temporary. Any decline in fair value that is determined to be other-than-temporary would result in an adjustment for an impairment charge in the accompanying unaudited condensed consolidated statements of operations. The primary factors the Company considers in its determination are (i) the length of time that the fair value of the available-for-sale security is below the Company’s carrying value, (ii) the financial condition and operating performance of the available-for-sale security, (iii) the reason for decline in fair value and (iv) the Company’s intent and ability to hold the investment in available-for-sale security for a period of time sufficient to allow for a recovery in fair value. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific-identification basis. March 31, 2016 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 6,613 $ - $ (5,435) December 31, 2015 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 5,611 $ - $ (6,437) At March 31, 2016 and December 31, 2015, the Company has concluded that the decline in fair value of its available-for-sale securities is not other-than-temporary. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. In evaluating goodwill for impairment, the Company will first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. Qualitative factors considered include, for example, macroeconomic and industry conditions, overall financial performance and other relevant entity-specific events. If the Company bypasses the qualitative assessment, or concludes that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then the Company will perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment to be recognized, if any. In the first step, the Company will compare the estimated fair value of the reporting unit with its carrying value. Since the Company has determined that it has a single reporting unit, the Company considers its market capitalization (calculated as total common shares outstanding multiplied by the common equity price per share, as adjusted for a control premium factor) to represent its estimated fair value. If the estimated fair value of the reporting unit exceeds its carrying amount, no further analysis is needed. If, however, the estimated fair value of the reporting unit is less than its carrying amount, the Company will proceed to the second step and calculate the implied fair value of the reporting unit goodwill to determine whether any impairment is required. The implied fair value of the reporting unit goodwill is calculated by allocating the estimated fair value of the reporting unit to all of the unit’s assets and liabilities as if the unit had been acquired in a business combination. If the carrying value of the reporting unit’s goodwill exceeds the implied fair value of the goodwill, an impairment loss is recognized in the amount of that excess. Intangible assets represent trademarks, customer agreements and patents related to the Company’s brands and a favorable lease. Finite-lived intangible assets are amortized on a straight-line basis over the estimated useful lives of the assets. Indefinite-lived intangible assets are not amortized, but instead are subject to impairment evaluation. The carrying value of intangible assets and other finite-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Indefinite-lived intangible assets are tested for impairment on an annual basis and between annual tests if an event occurs or circumstances change that indicate that the carrying amount of the indefinite-lived intangible asset may not be recoverable. When conducting its impairment assessment, the Company initially performs a qualitative evaluation of whether it is more likely than not that the asset is impaired. If it is determined by a qualitative evaluation that it is more likely than not that the asset is impaired, the Company then tests the asset for recoverability. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. During the three months ended March 31, 2016, the Company changed its annual impairment testing date from December 31 to October 1. The Company believes this new date is preferable because it allows for more timely completion of the annual impairment test prior to the end of its annual financial reporting period. The Company has concluded that this change in accounting principle is not material to its financial statements, in part because the change does not delay, accelerate or avoid an impairment charge. The Company has determined that it will be impracticable to objectively determine projected cash flow and related valuation estimates that would have been used as of each October 1 of prior reporting periods without the use of hindsight. As such, the Company will apply the change in annual impairment testing date prospectively beginning October 1, 2016. Treasury stock is recorded at cost as a reduction of equity in the accompanying condensed consolidated balance sheets. Compensation cost for restricted stock is measured using the quoted market price of the Company’s common stock at the date the common stock is granted. For restricted stock, for which restrictions lapse with the passage of time (“time-based restricted stock”), compensation cost is recognized on a straight-line basis, reduced for estimated forfeitures, over the period between the issue date and the date that restrictions lapse. Time-based restricted stock is included in total shares of common stock outstanding upon the lapse of applicable restrictions. For restricted stock, for which restrictions are based on performance measures (“performance stock units” or “PSUs”), restrictions lapse when those performance measures have been deemed achieved. Compensation cost for performance stock units is recognized on a straight-line basis, reduced for estimated forfeitures, during the period from the date on which the likelihood of the PSUs being earned is deemed probable and (x) the end of the fiscal year during which such PSUs are granted or (y) the date on which awards of such PSUs may be approved by the compensation committee of the Company’s board of directors (the “Compensation Committee”) on a discretionary basis, as applicable. PSUs are included in total shares of common stock outstanding upon the lapse of applicable restrictions. PSUs are included in total diluted shares of common stock outstanding when the performance measures have been deemed achieved but the PSUs have not yet been issued. Compensation cost for stock options and warrants, in accordance with accounting for stock-based payment under GAAP, is calculated using the Black-Scholes valuation model based on awards ultimately expected to vest, reduced for estimated forfeitures, and expensed on a straight-line basis over the requisite service period of the grant. Forfeitures are estimated at the time of grant based on the Company’s historical forfeiture experience and are revised in subsequent periods if actual forfeitures differ from those estimates. At each subsequent reporting period prior to the lapse of restrictions on warrants, time-based restricted stock and PSUs granted to non-employees, the Company remeasures the aggregate compensation cost of such grants using the Company’s stock price at the end of such reporting period and revises the straight-line recognition of compensation cost in-line with such remeasured amount. Current income taxes are based on the respective periods’ taxable income for federal, foreign and state income tax reporting purposes. Deferred tax liabilities and assets are determined based on the difference between the financial statement and income tax bases of assets and liabilities, using statutory tax rates in effect for the year in which the differences are expected to reverse. In accordance with ASU No. 2015-17 “Balance Sheet Classification of Deferred Taxes”, all deferred income taxes are reported and classified as non-current. A valuation allowance is required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company applies the FASB guidance on accounting for uncertainty in income taxes. The guidance clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with other authoritative GAAP and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The guidance also addresses derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At March 31, 2016 and December 31, 2015, the Company had $ 0.6 Basic earnings per share (“EPS”) is computed by dividing net (loss) income attributable to Sequential Brands Group, Inc. and Subsidiaries by the weighted-average number of common shares outstanding during the reporting period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all potentially dilutive common shares outstanding during the reporting period, including stock options and warrants, using the treasury stock method, and convertible debt, using the if-converted method. Diluted EPS excludes all potentially dilutive shares of common stock if their effect is anti-dilutive. Three Months Ended March 31, 2016 2015 Basic weighted-average common shares outstanding 61,209,868 39,039,993 Acquisition hold back shares - 1,375,000 Warrants - 488,826 Stock options - 143,425 Unvested restricted stock - 140,214 Diluted weighted-average common shares outstanding 61,209,868 41,187,458 Three Months Ended March 31, 2016 2015 Warrants 330,671 - Acquisition hold back shares 695,055 - Unvested restricted stock 94,236 - Performance based restricted stock 408,555 - Stock options 12,796 41,000 Total 1,541,313 41,000 Financial instruments which potentially expose the Company to credit risk consist primarily of cash, accounts receivable and marketable securities. Cash is held for use for working capital needs and future acquisitions. Substantially all of the Company’s cash and marketable securities are deposited with high quality financial institutions. At times, however, such cash and marketable securities may be in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit. The Company has not experienced any losses in such accounts as of March 31, 2016. Concentration of credit risk with respect to accounts receivable is minimal due to the collection history and the nature of the Company’s revenues. The Company recorded net revenues of approximately $ 34.0 13.6 10 11 10 25 20 The Company recognizes contingent losses that are both probable and estimable. In this context, probable means circumstances under which events are likely to occur. The Company records legal costs pertaining to contingencies as incurred. The Company recognizes the acquisition-date fair value of contingent consideration as part of the consideration transferred in exchange for the acquiree or assets of the acquiree in a business combination. The contingent consideration is classified as either a liability or equity in accordance with ASC 480-10, Accounting for Certain Financial Instruments with Characteristics of Both Liabilities and Equity Noncontrolling interest from continuing operations recorded for the three months ended March 31, 2016 represents income allocations to Elan Polo International, Inc., a member of DVS Footwear International, LLC (“DVS LLC”), With You, Inc., a member of With You LLC (the partnership between the Company and Jessica Simpson) and JALP, LLC (“JALP”), a member of FUL IP Holdings, LLC (“FUL IP”). Noncontrolling interest from continuing operations recorded for the three months ended March 31, 2015 represents income allocations to DVS LLC. The following table sets forth the noncontrolling interest from continuing operations for the three months ended Three Months Ended March 31, 2016 2015 (in thousands) With You LLC $ 1,858 $ - DVS LLC 140 118 FUL IP 113 - Net income attributable to noncontrolling interest $ 2,111 $ 118 An operating segment, in part, is a component of an enterprise whose operating results are regularly reviewed by the chief operating decision maker (the “CODM”) to make decisions about resources to be allocated to the segment and assess its performance. Operating segments may be aggregated only to a limited extent. The Company’s CODM, the Chief Executive Officer, reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenues for purposes of making operating decisions and assessing financial performance. Accordingly, the Company has only a single operating and reportable segment. In addition, the Company has no foreign operations or any assets in foreign locations. Nearly all of the Company’s domestic operations consist of a single revenue stream, which is the licensing of its trademark portfolio, with an immaterial portion of revenues derived from television, book and café operations and certain commissions.

Fair Value Measurement of Finan

Fair Value Measurement of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurement of Financial Instruments	3. Fair Value Measurement of Financial Instruments ASC 820-10, Fair Value Measurements and Disclosures The Company determines or calculates the fair value of financial instruments using quoted market prices in active markets when such information is available or using appropriate present value or other valuation techniques, such as discounted cash flow analyses, incorporating available market discount rate information for similar types of instruments while estimating for non-performance and liquidity risk. These techniques are significantly affected by the assumptions used, including the discount rate, credit spreads and estimates of future cash flow. Assets and liabilities typically recorded at fair value on a non-recurring basis to which ASC 820-10 applies include: • non-financial assets and liabilities initially measured at fair value in an acquisition or business combination, and • long-lived assets measured at fair value due to an impairment assessment under ASC 360-10-15, Impairment or Disposal of Long-Lived Assets This topic defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date and establishes a three-level hierarchy, which encourages an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820-10 requires that assets and liabilities recorded at fair value be classified and disclosed in one of the following three categories: • Level 1 - inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access. • Level 2 - inputs utilize other-than-quoted prices that are observable, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs such as interest rates and yield curves that are observable at commonly quoted intervals. • Level 3 - inputs are unobservable and are typically based on the Company’s own assumptions, including situations where there is little, if any, market activity. Both observable and unobservable inputs may be used to determine the fair value of positions that are classified within the Level 3 classification. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the Company classifies such financial assets or liabilities based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. As of March 31, 2016 and December 31, 2015, there were no assets or liabilities that are required to be measured at fair value on a recurring basis, except for the Company’s available-for-sale securities (see Note 2), interest rate swap (see Note 7) and the contingent earn outs relating to the Linens ‘N Things Carrying Value Fair Value Financial Instrument Level 3/31/2016 12/31/2015 3/31/2016 12/31/2015 (in thousands) Available-for-sale securities 1 $ 6,613 $ 5,611 $ 6,613 $ 5,611 Interest rate swap 2 $ 42 $ 29 $ 42 $ 29 2015 Term Loans 3 $ 460,000 $ 464,000 $ 445,591 $ 446,320 2015 Revolving Loan 3 $ 86,000 $ 86,000 $ 64,049 $ 62,880 Contingent earn outs 3 $ - $ - $ - $ - Legacy Payments 3 $ 1,816 $ - $ 1,816 $ - The carrying amounts of the Company’s cash, accounts receivable and accounts payable approximate fair value due to their short-term maturities. The Company records its available-for-sale securities on the condensed consolidated balance sheets at fair value using Level 1 inputs. The fair value of the Company’s available-for-sale securities is based upon quoted market prices for identical assets in active markets. During 2015, the Company entered into an interest rate swap agreement related to $ 21.0 As of March 31, 2016, the fair value of the Company’s interest rate swap is immaterial. The objective of the swap agreement is to reduce the variability in cash flows for the interest payments associated with the loan agreements, which are based on the 1-month London Interbank Offered Rate (“LIBOR”) rates. The Company has formally documented the swap agreement as a cash flow hedge of the Company’s exposure to 1-month LIBOR. Because the critical terms of the swap agreement and the hedged items coincide (e.g., notional amount, interest rate reset dates, interest rate payment dates, maturity/expiration date and underlying index), the hedge is expected to completely offset changes in expected cash flows due to fluctuations in the 1-month LIBOR rate over the term of the hedge. The effectiveness of the hedge relationship will be periodically assessed during the life of the hedge by comparing the current terms of the swap agreement and the loan agreements to assure they continue to coincide and through an evaluation of the continued ability of the respective counterparties to the 2015 Swap Agreement to honor their obligations under the swap agreement. When the key terms no longer match exactly, hedge effectiveness (both prospective and retrospective) is assessed by evaluating the cumulative dollar offset for the actual hedging instrument relative to a hypothetical derivative whose terms exactly match the terms of the hedged item. Because the notional amounts of the Company’s swap agreement no longer match the notional amounts of the loan agreements exactly, the Company assessed the ineffectiveness of the swap agreement and determined that differences were immaterial as of March 31, 2016 and December 31, 2015. Notional Value Derivative Asset Derivative Liability (in thousands) Secured Term Loans $ 21,000 $ - $ (42) For purposes of this fair value disclosure, the Company based its fair value estimate for the 2015 Term Loans and 2015 Revolving Loan (each, as defined in Note 7) on its internal valuation whereby the Company applied the discounted cash flow method to its expected cash flow payments due under the loan agreements based on market interest rate quotes as of March 31, 2016 and December 31, 2015 for debt with similar risk characteristics and maturities. On the date of the respective acquisitions, no value was assigned to the contingent earn out based on the remote probability that the Linens ‘N Things The Company determined that the acquisition date fair value of Legacy Payments (as defined in Note 11) to Ms. Martha Stewart was approximately $ 1.7 0.1 .

Discontinued Operations of Whol

Discontinued Operations of Wholesale Business	3 Months Ended
	Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations of Wholesale Business	4. Discontinued Operations of Wholesale Business The Company did not record any additional costs relating to discontinued operations of its former wholesale business during the three months ended March 31, 2016 and 2015. A summary of the Company’s assets and liabilities from discontinued operations of its former wholesale business as of March 31, 2016 and December 31, 2015 is as follows: March 31, December 31, 2016 2015 (in thousands) Prepaid expenses and other current assets $ 103 $ 113 Long-term liabilities $ 667 $ 677

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2016
Goodwill, Impaired [Abstract]
Goodwill	5. Goodwill March 31, December 31, 2016 2015 (in thousands) Balance at January 1 $ 314,288 $ 169,786 Acquisition of With You LLC - 3,480 Acquisition of the Joe's Jeans business - 1,060 Acquisition of Martha Stewart Living Omnimedia, Inc. (see Note 11) (755) 139,962 Ending balance $ 313,533 $ 314,288 Goodwill from the acquisitions of With You LLC, Joe’s Jeans and Martha Stewart Living Omnimedia, Inc. represents the excess of the purchase price over the fair value of net assets acquired under the acquisition method of accounting. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. In evaluating goodwill for impairment, the Company will first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. Qualitative factors considered include, for example, macroeconomic and industry conditions, overall financial performance and other relevant entity-specific events. If the Company bypasses the qualitative assessment, or concludes that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then the Company will perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment to be recognized, if any. In the first step, the Company will compare the estimated fair value of the reporting unit with its carrying value. Since the Company has determined that it has a single reporting unit, the Company considers its market capitalization (calculated as total common shares outstanding multiplied by the common equity price per share, as adjusted for a control premium factor) to represent its estimated fair value. If the estimated fair value of the reporting unit exceeds its carrying amount, no further analysis is needed. If, however, the estimated fair value of the reporting unit is less than its carrying amount, the Company will proceed to the second step and calculate the implied fair value of the reporting unit goodwill to determine whether any impairment is required. The implied fair value of the reporting unit goodwill is calculated by allocating the estimated fair value of the reporting unit to all of the unit’s assets and liabilities as if the unit had been acquired in a business combination. If the carrying value of the reporting unit’s goodwill exceeds the implied fair value of the goodwill, an impairment loss is recognized in the amount of that excess. No events or circumstances indicate an impairment has been identified subsequent to the Company’s December 31, 2015 impairment testing. During the three months ended March 31, 2016, the Company changed its annual impairment testing date from December 31 to October 1. The Company believes this new date is preferable because it allows for more timely completion of the annual impairment test prior to the end of its annual financial reporting period. This change in accounting principle does not delay, accelerate or avoid an impairment charge. The Company has determined that it will be impracticable to objectively determine projected cash flow and related valuation estimates that would have been used as of each October 1 of prior reporting periods without the use of hindsight. As such, the Company will apply the change in annual impairment testing date prospectively beginning October 1, 2016.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2016
Intangible Assets Disclosure [Abstract]
Intangible Assets	6. Intangible Assets March 31, 2016 Useful Lives Gross Accumulated Net (in thousands) Finite-lived intangible assets: Trademarks 15 $ 4,912 $ (1,310) $ 3,602 Customer agreements 4 2,817 (1,207) 1,610 Favorable lease 2 537 (381) 156 Patents 10 665 (180) 485 $ 8,931 $ (3,078) 5,853 Indefinite-lived intangible assets: Trademarks 866,149 Intangible assets, net $ 872,002 December 31, 2015 Useful Lives Gross Accumulated Net (in thousands) Finite-lived intangible assets: Trademarks 15 $ 4,905 $ (1,228) $ 3,677 Customer agreements 4 2,817 (1,017) 1,800 Favorable lease 2 537 (322) 215 Patents 10 665 (164) 501 $ 8,924 $ (2,731) 6,193 Indefinite-lived intangible assets: Trademarks 866,084 Intangible assets, net $ 872,277 Years ending December 31, (in thousands) Remainder of 2016 $ 980 2017 906 2018 773 2019 585 2020 394 Thereafter 2,215 $ 5,853 Amortization expense amounted to approximately $ 0.3 Finite-lived intangible assets represent trademarks, customer agreements and patents related to the Company’s brands and a favorable lease. Finite-lived assets are amortized on a straight-line basis over the estimated useful lives of the assets. Indefinite-lived intangible assets are not amortized, but instead are subject to impairment evaluation. The carrying value of finite-lived intangible assets and other long-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Historically, indefinite-lived intangible assets have been tested for impairment on an annual basis at December 31 and between annual tests if an event occurs or circumstances change that indicate that the carrying amount of the indefinite-lived intangible asset may not be recoverable. When conducting its impairment assessment, the Company initially performs a qualitative evaluation of whether it is more likely than not that the asset is impaired. If it is determined by a qualitative evaluation that it is more likely than not that the asset is impaired, the Company then tests the asset for recoverability. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. No events or circumstances indicate an impairment has been identified subsequent to the Company’s December 31, 2015 impairment testing. During the three months ended March 31, 2016, the Company changed its annual impairment testing date from December 31 to October 1. The Company believes this new date is preferable because it allows for more timely completion of the annual impairment test prior to the end of its annual financial reporting period. This change in accounting principle does not delay, accelerate or avoid an impairment charge. The Company has determined that it will be impracticable to objectively determine projected cash flow and related valuation estimates that would have been used as of each October 1 of prior reporting periods without the use of hindsight. As such, the Company will apply the change in annual impairment testing date prospectively beginning October 1, 2016. On February 24, 2015, the Company sold the People’s Liberation 0.7 1.0 People’s Liberation 30.0 0.7 People’s Liberation People’s Liberation 30.0

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2016
Disclosure Long Term Debt [Abstract]
Long-Term Debt	7. Long-Term Debt March 31, December 31, 2016 2015 (in thousands) Secured Term Loans $ 460,000 $ 464,000 Revolving Credit Facility 86,000 86,000 Unamortized deferred financing costs (7,503) (7,935) Total long-term debt, net of unamortized deferred financing costs 538,497 542,065 Less: current portion of long-term debt 20,000 19,000 Long-term debt $ 518,497 $ 523,065 December 2015 Debt Facilities On December 4, 2015, in conjunction with the acquisition of MSLO, the Company, Old Sequential and certain other subsidiaries of the Company entered into an amendment to the Second Amended and Restated First Lien Credit Agreement (the “Amendment”), dated as of April 8, 2015 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “BoA Credit Agreement”), by and among, Old Sequential, the guarantors party thereto, the lenders party thereto (the “BoA Lenders”) and Bank of America, N.A., as administrative agent and collateral agent (in such capacity, the “BoA Agent”). The Amendment has an effective date of December 4, 2015, and amends certain provisions under the BoA Credit Agreement to, among other things, (i) permit the consummation of the Mergers, (ii) permit, subject to the satisfaction of certain conditions, the increase in the aggregate revolving commitments and term loans under the BoA Credit Agreement by such amounts as would not cause the consolidated first lien leverage ratio, determined on a pro forma basis after giving effect to any such increase, to exceed 2.00:1.00, (iii) permit the inclusion of not less than (a) $30.0 million of EBITDA representing EBITDA generation by MSLO, (b) $8.0 million of EBITDA representing EBITDA generation by Joe’s Holdings and (c) fees and expenses incurred and associated with the Mergers and the acquisition of Joe’s Holdings in certain provisions that relate to calculation of the consolidated first lien leverage ratio, (iv) permit the incurrence of indebtedness under the New Secured Term Loan Agreement (defined below) and (v) designate the Company as the “borrower” under the BoA Credit Agreement. 8.0 On December 4, 2015, the Company, Old Sequential and the BoA Agent entered into a Joinder and Assumption Agreement (the “Joinder and Assumption Agreement”), pursuant to which Old Sequential has been discharged from its obligations, liabilities and rights as the “borrower” under the BoA Credit Agreement and the Company has assumed all such obligations, liabilities and rights and has been designated as the “borrower” under the BoA Credit Agreement for all purposes thereunder. In addition, on December 4, 2015, the Company, Old Sequential and certain other subsidiaries of the Company entered into a new Second Amended and Restated Credit Agreement (the “New Secured Term Loan Agreement”) with Wilmington Trust, National Association, as administrative agent and collateral agent (in such capacity, the “New Agreement Agent”), and the lenders party to the existing Amended and Restated Second Lien Credit Agreement, dated as of April 8, 2015 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Existing Second Lien Credit Agreement”), by and among, Old Sequential, the guarantors party thereto, the lenders party thereto and Wilmington Trust, National Association, as administrative agent and collateral agent (in such capacity, the “Second Lien Agent”). The New Secured Term Loan Agreement provides for a six-year $ 368.0 215.5 152.5 The New Secured Term Loan Agreement, together with the Term Loan A and Term Loan A-1 tranches of BoA Credit Agreement represent the 2015 Term Loans. The revolving credit line of the BoA Credit Agreement represents the 2015 Revolving Loan. The Company used the proceeds of the new loans to fund the payment of the purchase price with respect to the Mergers and costs and expenses incurred in connection with the Mergers and related transactions. The Company has the option to request the addition of one or more additional term loan facilities or the increase of term loan commitments under the Facility by such amounts as would not cause the consolidated total leverage ratio, determined on a pro forma basis after giving effect to any such addition and increase, to exceed 6.00:1.00, which additions and increase are subject to the satisfaction of certain conditions set forth in the New Secured Term Loan Agreement. The loans under the Facility bear interest, at the Company’s option, at a rate equal to either (i) LIBOR rate plus an applicable margin ranging from 8.00% to 8.75% per annum or (ii) the base rate plus an applicable margin ranging from 7.00% to 7.75% per annum Consolidated Total Leverage Ratio Consolidated Net Leverage Ratio Applicable > 6.00 : 1.00 ≥ 5.75 : 1.00 8.75 % ≥ 4.75 : 1.00 ≤ 6.00 : 1.00 ≥ 4.50 : 1.00 < 5.75 : 1.00 8.25 % < 4.75 : 1.00 < 4.50 : 1.00 8.00 % The Company’s obligations under the New Secured Term Loan Agreement and any hedging or cash management obligations entered into by the Company or any of its current and future domestic restricted subsidiaries (the “Subsidiary Guarantors” and, together with the Company, the “Loan Parties”) with a lender under the New Secured Term Loan Agreement, the New Agreement Agent or an affiliate of any such person are guaranteed by the Company and each Subsidiary Guarantor. The Company’s and the Subsidiary Guarantors’ obligations under the New Secured Term Loan Agreement are secured by substantially all of their assets, subject to certain customary exceptions. The Company is required to make mandatory prepayments of loans outstanding under the Facility (without payment of a premium or penalty) (i) in the case of any disposition of intellectual property, the then applicable LTV Percentage (as defined in the BoA Credit Agreement) of the orderly liquidation value thereof, (ii) in the case of any other disposition of any other assets, 100% of the net proceeds thereof, subject to certain reinvestment rights, and (iii) in the case of any Consolidated Excess Cash Flow (as defined in the New Secured Term Loan Agreement), 50% thereof, which shall decrease to 0% if the consolidated total leverage ratio is less than 3.00:1.00. The loans under the Facility are not subject to amortization. The Company may make, in whole or in part, voluntarily prepayments of the loans outstanding under the Facility. Such voluntarily prepayments are subject to the payment of customary “breakage” costs with respect to LIBOR-based borrowings and in certain cases to the prepayment premium set forth in the New Secured Term Loan Agreement. The New Secured Term Loan Agreement contains customary representations and warranties and customary affirmative and negative covenants applicable to the Loan Parties and their subsidiaries, including, without limitation, restrictions on liens, investments, indebtedness, fundamental changes, dispositions, restricted payments and prepayment of indebtedness. The New Secured Term Loan Agreement contains financial covenants that require the Loan Parties and their subsidiaries to (i) not exceed a maximum consolidated total leverage ratio initially set at 7.25:1.00, which decreases periodically over the term of the New Secured Term Loan Agreement until the final maximum ratio of 6.75:1.00 is reached for the fiscal quarter ending September 30, 2019 and thereafter and (ii) not exceed a maximum consolidated first lien leverage ratio initially set at 2.47:1.00, which decreases periodically over the term of the New Secured Term Loan Agreement until the final maximum ratio of 2.30:1.00 is reached for the fiscal quarter ending September 30, 2019 and thereafter. The New Secured Term Loan Agreement contains customary events of default, including, without limitation, payment defaults, covenant defaults, breaches of certain representations and warranties, cross defaults to certain material indebtedness, certain events of bankruptcy and insolvency, certain events under the Employee Retirement Income Security Act of 1974, material judgments and a change of control. If an event of default occurs and is not cured within any applicable grace period or is not waived, the New Agreement Agent, at the request of the lenders under the New Secured Term Loan Agreement, is required to take various actions, including, without limitation, the acceleration of amounts due thereunder. At March 31, 2016, the Company is in compliance with the covenants included in the New Secured Term Loan Agreement. In connection with the BoA Credit Agreement and the New Secured Term Loan Agreement, the BoA Agent and the New Agreement Agent have entered into an Intercreditor Agreement, dated as of the December 4, 2015 (the “Intercreditor Agreement”), which was acknowledged by the Company and the guarantors party thereto. The Intercreditor Agreement establishes various inter-lender terms, including, without limitation, priority of liens, permitted actions by each party, application of proceeds, exercise of remedies in the case of a default, incurrence of additional indebtedness, releases of collateral and limitations on the amendment of the BoA Credit Agreement and the New Secured Term Loan Agreement without the consent of the other party.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies MSLO Stockholder Complaint In connection with the Mergers, the following 13 putative stockholder class action lawsuits have were been filed in the Court of Chancery of the State of Delaware: (1) David Shaev Profit Sharing Plan f/b/o David Shaev v. Martha Stewart Living Omnimedia Inc. et. al. Malka Raul v. Martha Stewart Living Omnimedia Inc. et. al. Daniel Lisman v. Martha Stewart Living Omnimedia Inc. et. al. Matthew Sciabacucchi v. Martha Stewart Living Omnimedia Inc. et. al. Harold Litwin v. Martha Stewart Living Omnimedia Inc. et. al. Richard Schiffrin v. Martha Stewart Cedric Terrell v. Martha Stewart Living Omnimedia Inc. et. al. Dorothy Moore v. Martha Stewart Living Omnimedia Inc. et. al. Paul Dranove v. Pierre De Villemejane. et. al. Phuc Nguyen v. Martha Stewart Living Omnimedia Inc. et. al. Kenneth Steiner v. Martha Stewart Living Omnimedia Inc. et. al. Karen Gordon v. Martha Stewart et. al. Anne Seader v. Martha Stewart Living Omnimedia, Inc. et. al. General Legal Matters From time to time, the Company is involved in legal matters arising in the ordinary course of business. While the Company believes that such matters are currently not material, there can be no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have a material adverse effect on its business, financial condition or results of operations. Contingent liabilities arising from potential litigation are assessed by management based on the individual analysis of these proceedings and on the opinion of the Company’s lawyers and legal consultants.

Stock-based Compensation

Stock-based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	9. Stock-based Compensation Stock Options Weighted- Weighted- Number of Average Exercise Contractual Life Aggregate Options Price (in Years) Intrinsic Value (in thousands, except share and per share data) Outstanding - January 1, 2016 129,501 $ 9.65 3.3 $ 148 Granted - - Exercised - - Forfeited or Canceled - - Outstanding - March 31, 2016 129,501 $ 9.65 3.2 $ 34 Exercisable - March 31, 2016 113,501 $ 9.52 3.2 $ 33 A summary of the changes in the Company’s unvested stock options is as follows: Number of Weighted- Options Date Fair Value Unvested - January 1, 2016 21,000 $ 2.71 Granted - - Vested (5,000) (1.96) Forfeited or Canceled - - Unvested - March 31, 2016 16,000 $ 2.94 The Company did not grant any stock options during the three months ended March 31, 2016 and 2015. Total compensation expense related to stock options for each of the three months ended March 31, 2016 and 2015 was less than $ 0.1 0.1 0.4 Warrants The following table summarizes the Company’s outstanding warrants for the three months ended March 31, 2016: Weighted- Weighted- Number of Average Exercise Contractual Life Aggregate Warrants Price (in Years) Intrinsic Value (in thousands, except share and per share data) Outstanding - January 1, 2016 801,760 $ 7.87 4.1 $ 1,377 Granted - - Exercised - - Forfeited or Canceled - - Outstanding - March 31, 2016 801,760 $ 7.87 3.8 $ 652 Exercisable - March 31, 2016 676,760 $ 6.86 2.9 $ 652 A summary of the changes in the Company’s unvested warrants is as follows: Number of Weighted- Warrants Date Fair Value Unvested - January 1, 2016 150,000 $ 6.32 Granted - - Vested (25,000) 6.32 Forfeited or Canceled - - Unvested - March 31, 2016 125,000 $ 6.32 The Company did not issue any warrants during the three months ended March 31, 2016 and 2015. Total compensation expense related to warrants for the three months ended March 31, 2016 was approximately $ 0.1 Restricted Stock and Restricted Stock Units Weighted- Weighted- Number of Average Grant Contractual Life Aggregate Shares Date Fair .Value (in Years) Intrinsic Value (in thousands, except share and per share data) Unvested - January 1, 2016 510,653 $ 9.89 2.0 $ 510 Granted 35,000 7.23 Vested (45,833) 5.84 Unvested - March 31, 2016 499,820 $ 10.07 1.9 $ 139 During the three months ended March 31, 2016, the Company issued 35,000 0.3 The Company recorded less than $ 0.1 The Company did not grant any time-based restricted stock or time-based restricted stock units during the three months ended March 31, 2015. Total compensation expense related to time-based restricted stock and time-based restricted stock unit grants for each of the three months ended March 31, 2016 and 2015 was approximately $ 0.4 Performance Stock Units Weighted- Weighted- Number of Average Grant Contractual Life Aggregate Shares Date Fair Value (in Years) Intrinsic Value (in thousands, except share and per share data) Unvested - January 1, 2016 1,308,500 $ 10.98 1.4 $ 96 Granted 30,000 7.23 Vested (209,833) (9.75) Forfeited or Cancelled - - Unvested - March 31, 2016 1,128,667 $ 11.11 1.2 $ 39 During the three months ended March 31, 2016, the Company granted 30,000 0.2 0.1 On February 23, 2016, the Compensation Committee voted to approve, on a discretionary basis, an award of 69,994 20,000 12,000 0.4 On February 24, 2015, the Compensation Committee voted to approve, on a discretionary basis, an award of 198,000 60,000 36,000 2.0 In addition, during the three months ended March 31, 2015, the Compensation Committee approved, on a discretionary basis, an award of 12,500 0.1 Total compensation expense related to the PSUs for the three months ended March 31, 2016 and 2015 was approximately $ 1.3 2.1

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions Consulting Services Agreement with Tengram Capital Partners, L.P. (f/k/a Tengram Capital Management L.P.) Pursuant to an agreement with Tengram Capital Partners, L.P., formerly known as Tengram Capital Management, L.P. (“TCP”), an affiliate of Tengram Capital Partners Gen2 Fund, L.P., which is one of the Company’s largest stockholders, the Company has engaged TCP, effective as of January 1, 2013, to provide services to the Company pertaining to (i) mergers and acquisitions, (ii) debt and equity financing and (iii) such other related areas as the Company may reasonably request from time to time (the “TCP Agreement”). TCP is entitled to receive compensation of $ 1.0 5 0.9 The Company did not pay TCP any fees during the three months ended March 31, 2016. The Company paid TCP approximately $ 0.5 for Additionally, in July 2013, the Company entered into a consulting arrangement with an employee of TCP (the “TCP Employee”), pursuant to which the TCP Employee provides legal and other consulting services at the request of the Company from time to time. The TCP Employee was also issued 125,000 180,000 20 20 60 0.1 Transactions with E.S. Originals, Inc. A division president of the Company maintains a passive ownership interest in one of the Company’s licensees, E.S. Originals, Inc. (“ESO”). The Company receives royalties from ESO under license agreements for certain of the Company’s brands in the footwear category. The Company recorded approximately $ 3.7 3.4 5.0 4.1 Acquisition of FUL On November 17, 2014, the Company made a strategic investment in FUL IP. FUL IP is a collaborative investment between the Company and JALP. FUL IP was formed for the purpose of licensing the FUL FUL FUL 8.9 50.5 0.1 Investment in Available-for-Sale Securities As further discussed in Note 2, in September 2015, the Company purchased available-for-sale securities of an unaffiliated third-party publicly traded company from Tengram Capital Partners, L.P., which is an affiliate of Tengram Capital Partners Gen2 Fund, L.P., one of the Company’s largest stockholders, for an aggregate purchase price of approximately $12.0 million (plus related transaction expenses), which was the purchase price paid by Tengram Capital Partners, L.P. upon the acquisition of such available-for-sale securities in open market transactions. The Company did not pay a fee or any compensation to Tengram Capital Partners, L.P. in connection with the Company’s investment in the available-for-sale securities. IP License Agreement and Intangible Asset Agreement In connection with the transactions contemplated by the Mergers, MSLO entered into an Amended and Restated Asset License Agreement (“Intangible Asset Agreement”) and Amended and Restated Intellectual Property License and Preservation Agreement (“IP License Agreement” and, together with the Intangible Asset Agreement, the “IP Agreements”) pursuant to which Ms. Martha Stewart licensed certain intellectual property to MSLO. The IP Agreements grant the Company the right to use of certain properties owned by Ms. Stewart. The Intangible Asset Agreement has an initial term commencing at December 4, 2015 and ending on December 31, 2020, provided that the term will automatically be renewed for five additional calendar years ending December 31, 2025 (subject to earlier termination as provided in the employment agreement) if either the aggregate gross licensing revenues (as defined in the employment agreement) for calendar years 2018 through 2020 exceed $195 million or the gross licensing revenues for calendar year 2020 equal or exceed $65 million. During the term of the Intangible Asset Agreement with the Company, Lifestyle Research Center LLC will be entitled to receive a guaranteed annual payment of $ 1.7 1.3 0.2 0.3 Registration Rights Agreement On June 22, 2015, Martha Stewart, the Martha Stewart Family Limited Partnership, Alexis Stewart, the Martha Stewart 1999 Family Trust, the Martha Stewart 2000 Family Trust and the Martha and Alexis Stewart Charitable Foundation (collectively, the “Stewart Stockholders”) entered into an agreement (the “Registration Rights Agreement”) with the Company, which grants the Stewart Stockholders certain “demand” registration rights for up to two offerings of greater than $15 million each, certain “S-3” registration rights for up to three offerings of greater than $5 million each

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2016
Business Combinations [Abstract]
Acquisition of Martha Stewart Living Omnimedia, Inc.	11. Acquisitions Martha Stewart Living Omnimedia, Inc. On December 4, 2015, Old Sequential and MSLO, consummated the transactions contemplated by the Merger Agreement. Effective on December 4, 2015 as of the effective time under the Merger Agreement (the “Effective Time”), Singer Merger Sub, Inc. and Madeline Merger Sub, Inc., each wholly-owned subsidiaries of the Company, merged with and into Old Sequential and MSLO, respectively, with Old Sequential and MSLO surviving the mergers as a wholly-owned subsidiaries of the Company (the “Mergers”), in accordance with the Merger Agreement. The Mergers were approved by the stockholders of MSLO at a special meeting of the MSLO stockholders on December 2, 2015 and by a majority of Old Sequential’s stockholders on June 22, 2015. As a result of the Mergers, the Company became the ultimate parent of Old Sequential, MSLO and each of their respective subsidiaries. Under the terms of the Merger Agreement, subject to each stockholder’s election and proration, allocation and certain limitations set forth in the Merger Agreement, each issued and outstanding share of MSLO’s Class A common stock, par value $ 0.01 0.01 6.15 0.01 8.8393 As the aggregate amount of cash to be paid to MSLO stockholders was fixed in the Merger Agreement at $176,681,757 and as the cash election was oversubscribed, cash elections were subject to proration to ensure that the total amount of cash paid to MSLO stockholders in the aggregate equals $ 176,681,757 19,980,787 176,681,757 40,314 40,436,798 As part of the Merger Agreement, the Company also issued 33,939 Shares of MSLO’s common stock were suspended from trading on the NYSE prior to the open of trading on December 4, 2015. Shares of Old Sequential’s common stock were suspended from trading on the Nasdaq prior to the open of trading on December 7, 2015 and shares of the Company’s common stock began trading on the Nasdaq at the open of trading on December 7, 2015 under the ticker symbol “SQBG.” Beginning with calendar years commencing on or after January 1, 2026, the Company will pay Ms. Stewart three and one-half percent (3.5%) of Gross Licensing Revenues (as defined in Ms. Stewart’s employment agreement) for each such calendar year for the remainder of Ms. Stewart’s life (with a minimum of five (5) years of payments, to be made to Ms. Stewart’s estate if Ms. Stewart dies before December 31, 2030) 1.7 As part of the Merger Agreement, the Company paid approximately $ 14.2 Legacy payments $ 1,749 Total consideration $ 1,749 Allocated to: Goodwill $ 1,749 $ 1,749 Prepaid expenses and other current assets $ 826 Property and equipment 1,717 Goodwill (2,503) Accounts payable and accrued expenses (40) $ - The Company completed its valuation of property and equipment which resulted in an increase of approximately $ 1.7 0.8 The Mergers were accounted for under the acquisition method of accounting. Accordingly, the acquired assets were recorded at their estimated fair values, and operating results for the Martha Stewart Cash paid $ 176,722 Guaranteed contractual payments 12,826 Payments to seller 3,250 Consideration paid to MSLO employees/directors for stock awards 14,227 Legacy payments 1,749 Fair value of common stock issued (20,014,726 shares) 185,937 Total consideration $ 394,711 Allocated to: Cash $ 39,095 Accounts receivable 17,524 Prepaid expenses and other current assets 1,524 Property and equipment 5,376 Other non-current assets 958 Goodwill 139,208 Trademarks 313,372 Customer agreements 640 Accounts payable and accrued expenses (11,158) Long-term liabilities (452) Other deferred revenue (1,717) Deferred tax liability (109,659) $ 394,711 Goodwill arising from the acquisition mainly consists of the synergies of an ongoing licensing and brand management business. Trademarks have been determined by management to have an indefinite useful life and, accordingly, no amortization is recorded in the Company’s unaudited condensed consolidated statement of operations. Goodwill and trademarks are tested for impairment on an annual basis or sooner, if an event occurs or circumstances change that indicate that the carrying amount of the goodwill or trademarks may not be recoverable. Customer agreements are amortized on a straight-line basis over their expected useful lives of four years. Galaxy Brand Holdings, Inc. Acquisition Hold Back Shares On August 15, 2014, the Company completed the acquisition of Galaxy Brand Holdings, Inc. As set forth in the acquisition agreement and included in the consideration, the Company held back ten percent of the acquisition shares as an indemnity for 18 months 1,375,000

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring	12. Restructuring During the three months ended March 31, 2016, the Company recorded $ 2.5 1.2 0.5 0.4 0.4 11.2 charges in connection with the acquisition of MSLO. The associated employee headcount reductions in connection with the reduction in workforce since inception were 62 0.5 The Company did not incur restructuring charges for the three months ended March 31, 2015. Restructuring accruals of approximately $ 2.5 6.9 7.3 Severance & Related Contract Termination Professional Fees Total Accrual (in thousands) Balance at January 1, 2016 $ 4,644 $ 1,628 $ 579 $ 6,851 Charges to expense 1,178 419 472 2,069 Amounts paid (5,187) (216) (1,020) (6,423) Balance at March 31, 2016 $ 635 $ 1,831 $ 31 $ 2,497 The majority of the remaining severance and related benefits and contract termination costs are expected to be paid by the end of fiscal 2016.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements	13. New Accounting Pronouncements In March 2016, the FASB issued ASU No. 2016-09, “Simplifying the Accounting for Share-Based Payments” (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The new guidance, which is part of the Board’s simplification initiative, also contains two practical expedients under which nonpublic entities can use a simplified method to estimate the expected term of an award and make a one-time election to switch from fair value measurement to intrinsic value measurement for liability-classified awards. ASU 2016-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within those annual reporting periods. The adoption of ASU 2016-09 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-07, “Simplifying the Equity Method of Accounting” (“ASU 2016-07”). ASU 2016-07 simplifies the equity method of accounting by eliminating the requirement to retrospectively apply the equity method to an investment that subsequently qualifies for such accounting as a result of an increase in the level of ownership interest or degree of influence. Consequently, when an investment qualifies for the equity method (as a result of an increase in the level of ownership interest or degree of influence), the cost of acquiring the additional interest in the investee would be added to the current basis of the investor’s previously held interest and the equity method would be applied subsequently from the date on which the investor obtains the ability to exercise significant influence over the investee. ASU 2016-07 further requires that unrealized holding gains or losses in accumulated other comprehensive income related to an available-for-sale security that becomes eligible for the equity method be recognized in earnings as of the date on which the investment qualifies for the equity method. ASU 2016-07 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, with early adoption permitted. Entities are required to apply the guidance prospectively to increases in the level of ownership interest or degree of influence occurring after the effective date of ASU 2016-07. Additional transition disclosures are not required upon adoption. The adoption of ASU 2016-07 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-05, “Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships” (“ASU 2016-05”). ASU 2016-05 clarifies that “a change in the counterparty to a derivative instrument that has been designated as the hedging instrument in an existing hedging relationship would not, in and of itself, be considered a termination of the derivative instrument” or “a change in a critical term of the hedging relationship.” As long as all other hedge accounting criteria in ASC 815 are met, a hedging relationship in which the hedging derivative instrument is novated would not be discontinued or need to be redesignated. This clarification applies to both cash flow and fair value hedging relationships. ASU 2016-05 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. An entity would apply the guidance prospectively unless it elects modified retrospective transition. Early adoption is permitted, including in an interim period. The adoption of ASU 2016-05 is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases” (“ASU 2016-02”). The core principle of ASU 2016-02 is that an entity should recognize on its balance sheet assets and liabilities arising from a lease. In accordance with that principle, ASU 2016-02 requires that a lessee recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying leased asset for the lease term. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee will depend on the lease classification as a finance or operating lease. This new accounting guidance is effective for public companies for fiscal years beginning after December 15, 2018 (i.e., calendar years beginning on January 1, 2019), including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact the adoption of ASU 2016-02 will have on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-01, “Amending Guidance on Classification and Measurement of Financial Instruments” (“ASU 2016-01”). ASU 2016-01 amends the guidance in U.S. GAAP on the classification and measurement of financial instruments. Although ASU 2016-01 retains many current requirements, it significantly revises an entity’s accounting related to (1) the classification and measurement of investments in equity securities and (2) the presentation of certain fair value changes for financial liabilities measured at fair value. ASU 2016-01 also amends certain disclosure requirements associated with the fair value of financial instruments. ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The adoption of ASU 2016-01 is not expected to have a material impact on the Company’s consolidated financial statements. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations – Simplifying the Accounting for Measurement-Period Adjustments” (“ASU 2015-16”). ASU 2015-16 requires the recognition of adjustments to provisional amounts that are identified during the measurement period, in the reporting period in which the adjustments are determined. The effects of the adjustments to provisional amounts on depreciation, amortization or other income effects should be recognized in current-period earning as if the accounting had been completed at the acquisition date. Disclosure of the portion of the adjustment recorded in current-period earnings that would have been reported in prior reporting periods if the adjustment to the provisional amounts had been recognized at the acquisition date is also required. ASU 2015-16 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period. The Company adopted the provisions of ASU 2015-16 during the first quarter of 2016. The adoption of ASU 2015-16 did not have a material impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03 – “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs on the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. The standard’s core principle is that debt issuance costs related to a note are reflected in the balance sheet as a direct deduction from the face amount of that note and amortization of debt issuance costs is reported in interest expense. ASU 2015-03 is effective for annual periods beginning after December 15, 2015, and interim periods within those years. Early adoption is allowed for all entities for financial statements that have not been

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	14. Subsequent Events On May 10, 2016, the Company, together with its wholly-owned subsidiary, Stretch & Bend Holdings LLC, a Delaware limited liability company (“Stretch & Bend” or the “Purchaser”) entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with GAIAM, Inc., a Colorado corporation (“Seller”) pursuant to which Purchaser agreed to acquire the branded consumer business of Seller for a total purchase price of approximately $ 146.0 In connection with the financing of the transactions contemplated by the Purchase Agreement, the Company has entered into (a) a commitment letter (the “GSO Commitment Letter”) with GSO Capital Partners LP (“GSO Capital”), dated as of May 10, 2016, pursuant to which GSO Capital has committed (the “GSO Commitments”) to make available to the Company a senior secured term loan facility under which the Company may borrow, on the Closing Date, up to $ 415 160 100

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Rule 10-01 of Regulation S-X of the United States Securities and Exchange Commission (the “SEC”). Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all of the information and footnotes necessary for a comprehensive presentation of financial position, results of operations or cash flows. It is the Company’s opinion, however, that the accompanying unaudited condensed consolidated financial statements include all adjustments, which are of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, as filed with the SEC on March 14, 2016, which contains the audited consolidated financial statements and notes thereto, together with Management’s Discussion and Analysis of Financial Condition and Results of Operations, for the years ended December 31, 2015, 2014 and 2013. The financial information as of December 31, 2015 is derived from the audited consolidated financial statements presented in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The interim results for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for the year ending December 31, 2016 or for any future interim periods.
Reclassification of Prior Year Presentation	Reclassification of Prior Year Presentation On January 1, 2016, the Company adopted Accounting Standards Update (“ASU”) No. 2015-03 – “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”), which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs on the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. The standard’s core principle is that debt issuance costs related to a note are reflected in the balance sheet as a direct deduction from the face amount of that note and amortization of debt issuance costs is reported in interest expense. As a result of the adoption of ASU 2015-03, the Company has reclassified certain balance sheet accounts for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. The Company reclassified approximately $ 7.9
Principles of Consolidation	Principles of Consolidation The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates.
Discontinued Operations	Discontinued Operations The Company accounted for the decisions to close down its wholesale operations as discontinued operations in accordance with the guidance provided in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 360, Accounting for Impairment or Disposal of Long-Lived Assets Presentation of Financial Statements
Revenue Recognition	Revenue Recognition The Company has entered into various license agreements that provide revenues based on guaranteed minimum royalty payments and advertising/marketing fees with additional royalty revenues based on a percentage of defined sales. Guaranteed minimum royalty payments and advertising/marketing revenue are recognized on a straight-line basis over the term of each contract year, as defined in each license agreement. Royalty payments exceeding the guaranteed minimum royalty payments are recognized as income during the period corresponding to the licensee’s sales. Payments received as consideration for the grant of a license are recorded as deferred revenue at the time payment is received and recognized ratably as revenue over the term of the license agreement. Advanced royalty payments are recorded as deferred revenue at the time payment is received and recognized as revenue as earned. Revenue is not recognized unless collectability is reasonably assured. If license agreements are terminated prior to the original licensing period, the Company recognizes revenue in the amount of any contractual termination fees, unless such amounts are deemed non-recoverable. With respect to editorial content for books, the Company receives advance payments from the Company’s publishers and recognizes revenue when manuscripts are delivered to and accepted by the publishers. Revenue is also earned from book publishing when sales on a unit basis exceed the advanced royalty. Television sponsorship revenues are generally recorded ratably across the period when new episodes initially air.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded net of allowances for doubtful accounts, based on the Company’s ongoing discussions with its licensees and other customers and its evaluation of their creditworthiness, payment history and account aging. Accounts receivable balances deemed to be uncollectible are charged to the allowance for doubtful accounts after all means of collection have been exhausted and the potential for recovery is considered remote. The allowance for doubtful accounts was approximately $ 0.3 The Company’s accounts receivable amounted to approximately $ 34.6 42.0 26 14 12 26 15 11
Investments	Investments The Company has marketable securities that are classified as available-for-sale securities under ASC 320, “Investments – Debt and Equity Securities”. Such available-for-sale securities are reported at fair value in the accompanying condensed consolidated balance sheets and at the time of purchase in the unaudited condensed consolidated statements of cash flows as an investing activity. The Company reviews its available-for-sale securities at each reporting period to determine whether a decline in fair value is other-than-temporary. Any decline in fair value that is determined to be other-than-temporary would result in an adjustment for an impairment charge in the accompanying unaudited condensed consolidated statements of operations. The primary factors the Company considers in its determination are (i) the length of time that the fair value of the available-for-sale security is below the Company’s carrying value, (ii) the financial condition and operating performance of the available-for-sale security, (iii) the reason for decline in fair value and (iv) the Company’s intent and ability to hold the investment in available-for-sale security for a period of time sufficient to allow for a recovery in fair value. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific-identification basis. March 31, 2016 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 6,613 $ - $ (5,435) December 31, 2015 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 5,611 $ - $ (6,437) At March 31, 2016 and December 31, 2015, the Company has concluded that the decline in fair value of its available-for-sale securities is not other-than-temporary.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. In evaluating goodwill for impairment, the Company will first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. Qualitative factors considered include, for example, macroeconomic and industry conditions, overall financial performance and other relevant entity-specific events. If the Company bypasses the qualitative assessment, or concludes that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then the Company will perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment to be recognized, if any. In the first step, the Company will compare the estimated fair value of the reporting unit with its carrying value. Since the Company has determined that it has a single reporting unit, the Company considers its market capitalization (calculated as total common shares outstanding multiplied by the common equity price per share, as adjusted for a control premium factor) to represent its estimated fair value. If the estimated fair value of the reporting unit exceeds its carrying amount, no further analysis is needed. If, however, the estimated fair value of the reporting unit is less than its carrying amount, the Company will proceed to the second step and calculate the implied fair value of the reporting unit goodwill to determine whether any impairment is required. The implied fair value of the reporting unit goodwill is calculated by allocating the estimated fair value of the reporting unit to all of the unit’s assets and liabilities as if the unit had been acquired in a business combination. If the carrying value of the reporting unit’s goodwill exceeds the implied fair value of the goodwill, an impairment loss is recognized in the amount of that excess. Intangible assets represent trademarks, customer agreements and patents related to the Company’s brands and a favorable lease. Finite-lived intangible assets are amortized on a straight-line basis over the estimated useful lives of the assets. Indefinite-lived intangible assets are not amortized, but instead are subject to impairment evaluation. The carrying value of intangible assets and other finite-lived assets is reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Indefinite-lived intangible assets are tested for impairment on an annual basis and between annual tests if an event occurs or circumstances change that indicate that the carrying amount of the indefinite-lived intangible asset may not be recoverable. When conducting its impairment assessment, the Company initially performs a qualitative evaluation of whether it is more likely than not that the asset is impaired. If it is determined by a qualitative evaluation that it is more likely than not that the asset is impaired, the Company then tests the asset for recoverability. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. During the three months ended March 31, 2016, the Company changed its annual impairment testing date from December 31 to October 1. The Company believes this new date is preferable because it allows for more timely completion of the annual impairment test prior to the end of its annual financial reporting period. The Company has concluded that this change in accounting principle is not material to its financial statements, in part because the change does not delay, accelerate or avoid an impairment charge. The Company has determined that it will be impracticable to objectively determine projected cash flow and related valuation estimates that would have been used as of each October 1 of prior reporting periods without the use of hindsight. As such, the Company will apply the change in annual impairment testing date prospectively beginning October 1, 2016.
Treasury Stock	Treasury Stock Treasury stock is recorded at cost as a reduction of equity in the accompanying condensed consolidated balance sheets.
Stock-Based Compensation	Stock-Based Compensation Compensation cost for restricted stock is measured using the quoted market price of the Company’s common stock at the date the common stock is granted. For restricted stock, for which restrictions lapse with the passage of time (“time-based restricted stock”), compensation cost is recognized on a straight-line basis, reduced for estimated forfeitures, over the period between the issue date and the date that restrictions lapse. Time-based restricted stock is included in total shares of common stock outstanding upon the lapse of applicable restrictions. For restricted stock, for which restrictions are based on performance measures (“performance stock units” or “PSUs”), restrictions lapse when those performance measures have been deemed achieved. Compensation cost for performance stock units is recognized on a straight-line basis, reduced for estimated forfeitures, during the period from the date on which the likelihood of the PSUs being earned is deemed probable and (x) the end of the fiscal year during which such PSUs are granted or (y) the date on which awards of such PSUs may be approved by the compensation committee of the Company’s board of directors (the “Compensation Committee”) on a discretionary basis, as applicable. PSUs are included in total shares of common stock outstanding upon the lapse of applicable restrictions. PSUs are included in total diluted shares of common stock outstanding when the performance measures have been deemed achieved but the PSUs have not yet been issued. Compensation cost for stock options and warrants, in accordance with accounting for stock-based payment under GAAP, is calculated using the Black-Scholes valuation model based on awards ultimately expected to vest, reduced for estimated forfeitures, and expensed on a straight-line basis over the requisite service period of the grant. Forfeitures are estimated at the time of grant based on the Company’s historical forfeiture experience and are revised in subsequent periods if actual forfeitures differ from those estimates. At each subsequent reporting period prior to the lapse of restrictions on warrants, time-based restricted stock and PSUs granted to non-employees, the Company remeasures the aggregate compensation cost of such grants using the Company’s stock price at the end of such reporting period and revises the straight-line recognition of compensation cost in-line with such remeasured amount.
Income Taxes	Income Taxes Current income taxes are based on the respective periods’ taxable income for federal, foreign and state income tax reporting purposes. Deferred tax liabilities and assets are determined based on the difference between the financial statement and income tax bases of assets and liabilities, using statutory tax rates in effect for the year in which the differences are expected to reverse. In accordance with ASU No. 2015-17 “Balance Sheet Classification of Deferred Taxes”, all deferred income taxes are reported and classified as non-current. A valuation allowance is required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company applies the FASB guidance on accounting for uncertainty in income taxes. The guidance clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with other authoritative GAAP and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The guidance also addresses derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. At March 31, 2016 and December 31, 2015, the Company had $ 0.6
Earnings Per Share	Earnings Per Share Basic earnings per share (“EPS”) is computed by dividing net (loss) income attributable to Sequential Brands Group, Inc. and Subsidiaries by the weighted-average number of common shares outstanding during the reporting period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all potentially dilutive common shares outstanding during the reporting period, including stock options and warrants, using the treasury stock method, and convertible debt, using the if-converted method. Diluted EPS excludes all potentially dilutive shares of common stock if their effect is anti-dilutive. Three Months Ended March 31, 2016 2015 Basic weighted-average common shares outstanding 61,209,868 39,039,993 Acquisition hold back shares - 1,375,000 Warrants - 488,826 Stock options - 143,425 Unvested restricted stock - 140,214 Diluted weighted-average common shares outstanding 61,209,868 41,187,458 Three Months Ended March 31, 2016 2015 Warrants 330,671 - Acquisition hold back shares 695,055 - Unvested restricted stock 94,236 - Performance based restricted stock 408,555 - Stock options 12,796 41,000 Total 1,541,313 41,000
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments which potentially expose the Company to credit risk consist primarily of cash, accounts receivable and marketable securities. Cash is held for use for working capital needs and future acquisitions. Substantially all of the Company’s cash and marketable securities are deposited with high quality financial institutions. At times, however, such cash and marketable securities may be in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit. The Company has not experienced any losses in such accounts as of March 31, 2016. Concentration of credit risk with respect to accounts receivable is minimal due to the collection history and the nature of the Company’s revenues.
Customer Concentrations	Customer Concentrations The Company recorded net revenues of approximately $ 34.0 13.6 10 11 10 25 20
Loss Contingencies	Loss Contingencies The Company recognizes contingent losses that are both probable and estimable. In this context, probable means circumstances under which events are likely to occur. The Company records legal costs pertaining to contingencies as incurred.
Contingent Consideration	Contingent Consideration The Company recognizes the acquisition-date fair value of contingent consideration as part of the consideration transferred in exchange for the acquiree or assets of the acquiree in a business combination. The contingent consideration is classified as either a liability or equity in accordance with ASC 480-10, Accounting for Certain Financial Instruments with Characteristics of Both Liabilities and Equity
Noncontrolling Interest	Noncontrolling Interest Noncontrolling interest from continuing operations recorded for the three months ended March 31, 2016 represents income allocations to Elan Polo International, Inc., a member of DVS Footwear International, LLC (“DVS LLC”), With You, Inc., a member of With You LLC (the partnership between the Company and Jessica Simpson) and JALP, LLC (“JALP”), a member of FUL IP Holdings, LLC (“FUL IP”). Noncontrolling interest from continuing operations recorded for the three months ended March 31, 2015 represents income allocations to DVS LLC. The following table sets forth the noncontrolling interest from continuing operations for the three months ended Three Months Ended March 31, 2016 2015 (in thousands) With You LLC $ 1,858 $ - DVS LLC 140 118 FUL IP 113 - Net income attributable to noncontrolling interest $ 2,111 $ 118
Reportable Segment	Reportable Segment An operating segment, in part, is a component of an enterprise whose operating results are regularly reviewed by the chief operating decision maker (the “CODM”) to make decisions about resources to be allocated to the segment and assess its performance. Operating segments may be aggregated only to a limited extent. The Company’s CODM, the Chief Executive Officer, reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenues for purposes of making operating decisions and assessing financial performance. Accordingly, the Company has only a single operating and reportable segment. In addition, the Company has no foreign operations or any assets in foreign locations. Nearly all of the Company’s domestic operations consist of a single revenue stream, which is the licensing of its trademark portfolio, with an immaterial portion of revenues derived from television, book and café operations and certain commissions.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Investment	The unrealized gains and losses on the available-for-sale securities held by the Company as of March 31, 2016 and December 31, 2015 are set forth below. March 31, 2016 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 6,613 $ - $ (5,435) December 31, 2015 Gross Unrealized Historical Cost Estimated Fair Value Gains Losses (in thousands) Available-for-sale securities $ 12,048 $ 5,611 $ - $ (6,437)
Basic And Diluted Earnings (Loss) Per Common Share	The shares used to calculate basic and diluted EPS consist of the following: Three Months Ended March 31, 2016 2015 Basic weighted-average common shares outstanding 61,209,868 39,039,993 Acquisition hold back shares - 1,375,000 Warrants - 488,826 Stock options - 143,425 Unvested restricted stock - 140,214 Diluted weighted-average common shares outstanding 61,209,868 41,187,458
Earnings Per Share, Basic and Diluted	The computation of diluted EPS for the three months ended March 31, 2016 and 2015 excludes the common stock equivalents of the following potentially dilutive securities because their inclusion would be anti-dilutive: Three Months Ended March 31, 2016 2015 Warrants 330,671 - Acquisition hold back shares 695,055 - Unvested restricted stock 94,236 - Performance based restricted stock 408,555 - Stock options 12,796 41,000 Total 1,541,313 41,000
Noncontrolling Interest	The following table sets forth the noncontrolling interest from continuing operations for the three months ended March 31, 2016 and 2015: Three Months Ended March 31, 2016 2015 (in thousands) With You LLC $ 1,858 $ - DVS LLC 140 118 FUL IP 113 - Net income attributable to noncontrolling interest $ 2,111 $ 118

Fair Value Measurement of Fin24

Fair Value Measurement of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth the carrying value and the fair value of the Company’s financial assets and liabilities required to be disclosed at March 31, 2016 and December 31, 2015: Carrying Value Fair Value Financial Instrument Level 3/31/2016 12/31/2015 3/31/2016 12/31/2015 (in thousands) Available-for-sale securities 1 $ 6,613 $ 5,611 $ 6,613 $ 5,611 Interest rate swap 2 $ 42 $ 29 $ 42 $ 29 2015 Term Loans 3 $ 460,000 $ 464,000 $ 445,591 $ 446,320 2015 Revolving Loan 3 $ 86,000 $ 86,000 $ 64,049 $ 62,880 Contingent earn outs 3 $ - $ - $ - $ - Legacy Payments 3 $ 1,816 $ - $ 1,816 $ -
Schedule of Notional Amounts of Outstanding Derivative Positions	The components of the swap agreement as of March 31, 2016, are as follows: Notional Value Derivative Asset Derivative Liability (in thousands) Secured Term Loans $ 21,000 $ - $ (42)

Discontinued Operations of Wh25

Discontinued Operations of Wholesale Business (Tables)	3 Months Ended
	Mar. 31, 2016
Discontinued Operations, Wholesale Business Segment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Components Of Discontinued Operations, Balance Sheet	March 31, December 31, 2016 2015 (in thousands) Prepaid expenses and other current assets $ 103 $ 113 Long-term liabilities $ 667 $ 677

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2016
Goodwill, Impaired [Abstract]
Schedule of Goodwill	Goodwill is summarized as follows: March 31, December 31, 2016 2015 (in thousands) Balance at January 1 $ 314,288 $ 169,786 Acquisition of With You LLC - 3,480 Acquisition of the Joe's Jeans business - 1,060 Acquisition of Martha Stewart Living Omnimedia, Inc. (see Note 11) (755) 139,962 Ending balance $ 313,533 $ 314,288

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2016
Intangible Assets Disclosure [Abstract]
Summary of intangible assets	Intangible assets are summarized as follows: March 31, 2016 Useful Lives Gross Accumulated Net (in thousands) Finite-lived intangible assets: Trademarks 15 $ 4,912 $ (1,310) $ 3,602 Customer agreements 4 2,817 (1,207) 1,610 Favorable lease 2 537 (381) 156 Patents 10 665 (180) 485 $ 8,931 $ (3,078) 5,853 Indefinite-lived intangible assets: Trademarks 866,149 Intangible assets, net $ 872,002 December 31, 2015 Useful Lives Gross Accumulated Net (in thousands) Finite-lived intangible assets: Trademarks 15 $ 4,905 $ (1,228) $ 3,677 Customer agreements 4 2,817 (1,017) 1,800 Favorable lease 2 537 (322) 215 Patents 10 665 (164) 501 $ 8,924 $ (2,731) 6,193 Indefinite-lived intangible assets: Trademarks 866,084 Intangible assets, net $ 872,277
Summary of future annual estimated amortization expense	Estimated future annual amortization expense for intangible assets in service as of March 31, 2016 is summarized as follows: Years ending December 31, (in thousands) Remainder of 2016 $ 980 2017 906 2018 773 2019 585 2020 394 Thereafter 2,215 $ 5,853

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Long Term Debt [Abstract]
Schedule of long term debt	The components of long-term debt are as follows: March 31, December 31, 2016 2015 (in thousands) Secured Term Loans $ 460,000 $ 464,000 Revolving Credit Facility 86,000 86,000 Unamortized deferred financing costs (7,503) (7,935) Total long-term debt, net of unamortized deferred financing costs 538,497 542,065 Less: current portion of long-term debt 20,000 19,000 Long-term debt $ 518,497 $ 523,065
Schedule of Line of Credit Facilities Margin Loans	Consolidated Total Leverage Ratio Consolidated Net Leverage Ratio Applicable > 6.00 : 1.00 ≥ 5.75 : 1.00 8.75 % ≥ 4.75 : 1.00 ≤ 6.00 : 1.00 ≥ 4.50 : 1.00 < 5.75 : 1.00 8.25 % < 4.75 : 1.00 < 4.50 : 1.00 8.00 %

Stock-based Compensation (Table

Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity	The following table summarizes the Company’s stock option activity for the three months ended March 31, 2016: Weighted- Weighted- Number of Average Exercise Contractual Life Aggregate Options Price (in Years) Intrinsic Value (in thousands, except share and per share data) Outstanding - January 1, 2016 129,501 $ 9.65 3.3 $ 148 Granted - - Exercised - - Forfeited or Canceled - - Outstanding - March 31, 2016 129,501 $ 9.65 3.2 $ 34 Exercisable - March 31, 2016 113,501 $ 9.52 3.2 $ 33 A summary of the changes in the Company’s unvested stock options is as follows: Number of Weighted- Options Date Fair Value Unvested - January 1, 2016 21,000 $ 2.71 Granted - - Vested (5,000) (1.96) Forfeited or Canceled - - Unvested - March 31, 2016 16,000 $ 2.94
Schedule of Warrants Activity	The following table summarizes the Company’s outstanding warrants for the three months ended March 31, 2016: Weighted- Weighted- Number of Average Exercise Contractual Life Aggregate Warrants Price (in Years) Intrinsic Value (in thousands, except share and per share data) Outstanding - January 1, 2016 801,760 $ 7.87 4.1 $ 1,377 Granted - - Exercised - - Forfeited or Canceled - - Outstanding - March 31, 2016 801,760 $ 7.87 3.8 $ 652 Exercisable - March 31, 2016 676,760 $ 6.86 2.9 $ 652 A summary of the changes in the Company’s unvested warrants is as follows: Number of Weighted- Warrants Date Fair Value Unvested - January 1, 2016 150,000 $ 6.32 Granted - - Vested (25,000) 6.32 Forfeited or Canceled - - Unvested - March 31, 2016 125,000 $ 6.32
Schedule of Restricted Stock Activity	A summary of the time-based restricted stock and time-based restricted stock units activity for the three months ended March 31, 2016 is as follows: Weighted- Weighted- Number of Average Grant Contractual Life Aggregate Shares Date Fair .Value (in Years) Intrinsic Value (in thousands, except share and per share data) Unvested - January 1, 2016 510,653 $ 9.89 2.0 $ 510 Granted 35,000 7.23 Vested (45,833) 5.84 Unvested - March 31, 2016 499,820 $ 10.07 1.9 $ 139 A summary of the PSUs activity for the three months ended March 31, 2016 is as follows: Weighted- Weighted- Number of Average Grant Contractual Life Aggregate Shares Date Fair Value (in Years) Intrinsic Value (in thousands, except share and per share data) Unvested - January 1, 2016 1,308,500 $ 10.98 1.4 $ 96 Granted 30,000 7.23 Vested (209,833) (9.75) Forfeited or Cancelled - - Unvested - March 31, 2016 1,128,667 $ 11.11 1.2 $ 39

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2016
Schedule Of Business Combination Purchase Price Allocation	The Company also made the following measurement period reclassifications during the three months ended March 31, 2016: Prepaid expenses and other current assets $ 826 Property and equipment 1,717 Goodwill (2,503) Accounts payable and accrued expenses (40) $ -
Schedule Of Business Acquisitions By Acquisition	The Company made the following updates to the preliminary purchase price during the first quarter of 2016: Legacy payments $ 1,749 Total consideration $ 1,749 Allocated to: Goodwill $ 1,749 $ 1,749
Martha Stewart Living Omnimedia, Inc. [Member]
Schedule Of Purchase Price Allocation	The preliminary allocation of the purchase price is summarized as follows (in thousands): Cash paid $ 176,722 Guaranteed contractual payments 12,826 Payments to seller 3,250 Consideration paid to MSLO employees/directors for stock awards 14,227 Legacy payments 1,749 Fair value of common stock issued (20,014,726 shares) 185,937 Total consideration $ 394,711 Allocated to: Cash $ 39,095 Accounts receivable 17,524 Prepaid expenses and other current assets 1,524 Property and equipment 5,376 Other non-current assets 958 Goodwill 139,208 Trademarks 313,372 Customer agreements 640 Accounts payable and accrued expenses (11,158) Long-term liabilities (452) Other deferred revenue (1,717) Deferred tax liability (109,659) $ 394,711

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	Severance & Related Contract Termination Professional Fees Total Accrual (in thousands) Balance at January 1, 2016 $ 4,644 $ 1,628 $ 579 $ 6,851 Charges to expense 1,178 419 472 2,069 Amounts paid (5,187) (216) (1,020) (6,423) Balance at March 31, 2016 $ 635 $ 1,831 $ 31 $ 2,497

Summary of Significant Accoun32

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Significant Accounting Policies [Line Items]
Allowance for doubtful accounts receivable	$ 300		$ 300
Accounts Receivable, Net, Current, Total	34,603		42,026
Revenue, Net, Total	34,008	$ 13,617
Prior Period Reclassification Adjustment			7,900
Long Term Liabilities [Member]
Significant Accounting Policies [Line Items]
Unrecognized tax benefits	$ 600		$ 600
Accounts Receivable [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	26.00%		26.00%
Accounts Receivable [Member] | License One [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	14.00%		15.00%
Accounts Receivable [Member] | License Two [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	12.00%		11.00%
Sales Revenue, Services, Net [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	10.00%	10.00%
Sales Revenue, Services, Net [Member] | License One [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	11.00%	25.00%
Sales Revenue, Services, Net [Member] | License Two [Member]
Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	11.00%	20.00%

Unrealized Gains And Losses On

Unrealized Gains And Losses On Available-For-Sale Securities Held (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Historical Cost	$ 12,048	$ 12,048
Estimated Fair Value	6,613	5,611
Gross Unrealized Gains	0	0
Gross Unrealized Losses	$ (5,435)	$ (6,437)

Basic and Diluted Weighted Aver

Basic and Diluted Weighted Average Common Shares Outstanding (Detail) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic weighted-average common shares outstanding	61,209,868	39,039,993
Acquisition hold back shares	0	1,375,000
Warrants	0	488,826
Stock options	0	143,425
Unvested restricted stock	0	140,214
Diluted weighted-average common shares outstanding	61,209,868	41,187,458

Computation of Diluted EPS (Det

Computation of Diluted EPS (Detail) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	1,541,313	41,000
Warrants
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	330,671	0
Performance based restricted stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	408,555	0
Acquisition hold back shares
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	695,055	0
Unvested restricted stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	94,236	0
Stock options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Common stock, value, outstanding	12,796	41,000

Noncontrolling Interest From Co

Noncontrolling Interest From Continuing Operations (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest	$ 2,111	$ 118
With You LLC [Member]
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest	1,858	0
DVS LLC [Member]
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest	140	118
FUL IP [Member]
Noncontrolling Interest [Line Items]
Net income attributable to noncontrolling interest	$ 113	$ 0

Fair Value Measurement of Fin37

Fair Value Measurement of Financial Instruments -Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value Of Legacy Payments	$ 1,700
Swap [Member]
Derivative, Notional Amount	21,000	$ 21,000
Interest Expense [Member]
Accretion Of Legacy Payments	$ 100

Fair Value Assets and Liabiliti

Fair Value Assets and Liabilities Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, Carrying Value	$ 518,497	$ 523,065
Financial Instrument | 2015 Term Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, Carrying Value	460,000	464,000
Long-term debt, Fair Value	445,591	446,320
Financial Instrument | 2015 Revolving Loan
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, Carrying Value	86,000	86,000
Long-term debt, Fair Value	64,049	62,880
Financial Instrument | Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	6,613	5,611
Interest rate swaps	42	29
Contingent earn outs	0	0
Legacy Payments	1,816	0
Financial Instrument | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale Securities	6,613	5,611
Interest rate swaps	42	29
Contingent earn outs	0	0
Legacy Payments	$ 1,816	$ 0

Components of the Swap Agreemen

Components of the Swap Agreement (Detail) - Swap [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Notional Value	$ 21,000	$ 21,000
Derivative Asset	0
Derivative Liability	$ (42)

Components of Discontinued Oper

Components of Discontinued Operations of Wholesales Business, Balance Sheet (Detail) - Discontinued Operations, Wholesale Business Segment - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Prepaid expenses and other current assets	$ 103	$ 113
Long-term liabilities	$ 667	$ 677

Summary of Goodwill (Detail)

Summary of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Schedule Of Goodwill [Line Items]
Beginning Balance	$ 314,288	$ 169,786
Ending Balance	313,533	314,288
Acquisition of With You LLC [Member]
Schedule Of Goodwill [Line Items]
Acquisitions	0	3,480
Acquisition of the Joe's Jeans business [Member]
Schedule Of Goodwill [Line Items]
Acquisitions	0	1,060
Acquisition of Martha Stewart Living Omnimedia, Inc. [Member]
Schedule Of Goodwill [Line Items]
Acquisitions	$ (755)	$ 139,962

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Feb. 24, 2015	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Intangible Assets Disclosure [Line Items]
Amortization expense		$ 300	$ 300
Proceeds from Divestiture of Businesses	$ 700
Earn Out Receivable	1,000
Minimum Gross Sales Required	30,000			$ 30,000
Gain (Loss) on Disposition of Intangible Assets	$ 700	$ 0	$ 700

Summary of Intangible Assets (D

Summary of Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Schedule Of Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, Gross Carrying Amount	$ 8,931	$ 8,924
Finite-lived intangible asset, Accumulated Amortization	(3,078)	(2,731)
Finite-lived intangible asset, Net Carrying Amount	5,853	6,193
Intangible assets, net	$ 872,002	$ 872,277
Trademarks
Schedule Of Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, Useful Lives	15 years	15 years
Finite-lived intangible asset, Gross Carrying Amount	$ 4,912	$ 4,905
Finite-lived intangible asset, Accumulated Amortization	(1,310)	(1,228)
Finite-lived intangible asset, Net Carrying Amount	3,602	3,677
Indefinite lived intangible assets	$ 866,149	$ 866,084
Customer agreements
Schedule Of Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, Useful Lives	4 years	4 years
Finite-lived intangible asset, Gross Carrying Amount	$ 2,817	$ 2,817
Finite-lived intangible asset, Accumulated Amortization	(1,207)	(1,017)
Finite-lived intangible asset, Net Carrying Amount	$ 1,610	$ 1,800
Favorable lease
Schedule Of Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, Useful Lives	2 years	2 years
Finite-lived intangible asset, Gross Carrying Amount	$ 537	$ 537
Finite-lived intangible asset, Accumulated Amortization	(381)	(322)
Finite-lived intangible asset, Net Carrying Amount	$ 156	$ 215
Patents
Schedule Of Finite Lived Intangible Assets [Line Items]
Finite-lived intangible asset, Useful Lives	10 years	10 years
Finite-lived intangible asset, Gross Carrying Amount	$ 665	$ 665
Finite-lived intangible asset, Accumulated Amortization	(180)	(164)
Finite-lived intangible asset, Net Carrying Amount	$ 485	$ 501

Future Annual Estimated Amortiz

Future Annual Estimated Amortization Expense (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Future Annual Estimated Amortization Expense [Line Items]
Remainder of 2016	$ 980
2,017	906
2,018	773
2,019	585
2,020	394
Thereafter	2,215
Total	$ 5,853	$ 6,193

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Disclosure Long Term Debt Additional Information [Line Items]
Long-term Debt, Total	$ 518,497	$ 523,065
December 2015 Debt facilities [Member]
Disclosure Long Term Debt Additional Information [Line Items]
Debt instrument, Face amount	$ 368,000
Debt Instrument, Covenant Description	The Amendment has an effective date of December 4, 2015, and amends certain provisions under the BoA Credit Agreement to, among other things, (i) permit the consummation of the Mergers, (ii) permit, subject to the satisfaction of certain conditions, the increase in the aggregate revolving commitments and term loans under the BoA Credit Agreement by such amounts as would not cause the consolidated first lien leverage ratio, determined on a pro forma basis after giving effect to any such increase, to exceed 2.00:1.00, (iii) permit the inclusion of not less than (a) $30.0 million of EBITDA representing EBITDA generation by MSLO, (b) $8.0 million of EBITDA representing EBITDA generation by Joes Holdings and (c) fees and expenses incurred and associated with the Mergers and the acquisition of Joes Holdings in certain provisions that relate to calculation of the consolidated first lien leverage ratio, (iv) permit the incurrence of indebtedness under the New Secured Term Loan Agreement (defined below) and (v) designate the Company as the borrower under the BoA Credit Agreement.
Second Lien Loan Agreement
Disclosure Long Term Debt Additional Information [Line Items]
Line Of Credit Facility Prepayment, Description	mandatory prepayments of loans outstanding under the Facility (without payment of a premium or penalty) (i) in the case of any disposition of intellectual property, the then applicable LTV Percentage (as defined in the BoA Credit Agreement) of the orderly liquidation value thereof, (ii) in the case of any other disposition of any other assets, 100% of the net proceeds thereof, subject to certain reinvestment rights, and (iii) in the case of any Consolidated Excess Cash Flow (as defined in the New Secured Term Loan Agreement), 50% thereof, which shall decrease to 0% if the consolidated total leverage ratio is less than 3.00:1.00. The loans under the Facility are not subject to amortization.
Second Lien Loan Agreement | December 2015 Debt facilities [Member]
Disclosure Long Term Debt Additional Information [Line Items]
Long-term Debt, Total	$ 215,500
New Secured Term Loan [Member] | December 2015 Debt facilities [Member]
Disclosure Long Term Debt Additional Information [Line Items]
Line of Credit Facility, Interest Rate Description	(i) LIBOR rate plus an applicable margin ranging from 8.00% to 8.75% per annum or (ii) the base rate plus an applicable margin ranging from 7.00% to 7.75% per annum
Long-term Debt, Total	$ 152,500

Components of Long-Term Debt (D

Components of Long-Term Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule Of Long Term Debt [Line Items]
Secured Term Loans	$ 460,000	$ 464,000
Revolving Credit Facility	86,000	86,000
Unamortized deferred financing costs	(7,503)	(7,935)
Total long-term debt, net of unamortized deferred financing costs	538,497	542,065
Less: current portion of long-term debt	20,000	19,000
Long-term debt	$ 518,497	$ 523,065

New Secured Term Loan Agreement

New Secured Term Loan Agreement (Detail) - New Secured Term Loan Agreement [Member]	3 Months Ended
	Mar. 31, 2016
Leverage Ratio One [Member]
New Secured Term Loan Agreement [Line Items]
Consolidated Total Leverage Ratio	> 6.00 : 1.00
Consolidated Net Leverage Ratio	≥ 5.75 : 1.00
Percentage for Margin London Interbank Offered Rate	8.75%
Leverage Ratio Two [Member]
New Secured Term Loan Agreement [Line Items]
Consolidated Total Leverage Ratio	≥ 4.75 : 1.00
Consolidated Net Leverage Ratio	≥ 4.50 : 1.00
Percentage for Margin London Interbank Offered Rate	8.25%
Leverage Ratio Three [Member]
New Secured Term Loan Agreement [Line Items]
Consolidated Total Leverage Ratio	< 4.75 : 1.00
Consolidated Net Leverage Ratio	< 4.50 : 1.00
Percentage for Margin London Interbank Offered Rate	8.00%

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended
	Feb. 23, 2016	Feb. 24, 2015	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares granted			35,000
Restricted Stock or Unit Expense			$ 400	$ 400
Total expense			1,780	2,531
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense			100
Stock Expenses Payable			300
Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense			1,300	2,100
Performance based shares granted		198,000
Total expense			400	$ 2,000
Performance Stock Units | All Employee, CEO and CFO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based shares granted	69,994
Performance Stock Units | Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based shares granted	20,000	60,000
Performance Stock Units | Chief Financial Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance based shares granted	12,000	36,000
Performance Stock Units | Commencement of Employment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense			100
Stock Expenses Payable			$ 200
Performance based shares granted			30,000	12,500
Total expense				$ 100
Warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense			$ 100
Performance based shares granted			0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense			$ 100	$ 100
Stock option unrecognized expense			$ 100
Stock option expense, Recognition period			4 months 24 days

Summary of Stock Option Activit

Summary of Stock Option Activity and Changes in Unvested Stock Options (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Changes in nonvested stock options
Summary of Stock Option Activity and Changes in Unvested Stock Options [Line Items]
Outstanding, Number of Options	21,000
Granted, Number of Options	0
Vested, Number of Options	(5,000)
Forfeited or Canceled, Number of Options	0
Outstanding, Number of Options	16,000	21,000
Outstanding, Weighted Average Exercise Price	$ 2.71
Granted, Weighted Average Exercise Price	0
Vested Exercised, Weighted Average Exercise Price	(1.96)
Forfeited or Canceled, Weighted Average Exercise Price	0
Outstanding, Weighted Average Exercise Price	$ 2.94	$ 2.71
Stock Option
Summary of Stock Option Activity and Changes in Unvested Stock Options [Line Items]
Outstanding, Number of Options	129,501
Granted, Number of Options	0
Exercised, Number of Options	0
Forfeited or Canceled, Number of Options	0
Outstanding, Number of Options	129,501	129,501
Exercisable, Number of Options	113,501
Outstanding, Weighted Average Exercise Price	$ 9.65
Granted, Weighted Average Exercise Price	0
Exercised, Weighted Average Exercise Price	0
Forfeited or Canceled, Weighted Average Exercise Price	0
Outstanding, Weighted Average Exercise Price	9.65	$ 9.65
Exercisable, Weighted Average Exercise Price	$ 9.52
Weighted Average Remaining Contractual Life (in years)	3 years 2 months 12 days	3 years 3 months 18 days
Exercisable, Weighted Average Remaining Contractual Life (in years)	3 years 2 months 12 days
Outstanding, Aggregate Intrinsic Value	$ 148
Outstanding, Aggregate Intrinsic Value	34	$ 148
Exercisable, Aggregate Intrinsic Value	$ 33

Summary of Company's Outstandin

Summary of Company's Outstanding Warrant and Changes in Unvested Warrants (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Changes In Unvested Warrants
Summary Of Company Outstanding Warrant and Changes In Unvested Warrants [Line Items]
Outstanding, Number of Warrants	150,000
Granted, Number of Warrants	0
Vested, Number of Warrants	(25,000)
Forfeited or Canceled, Number of Warrants	0
Outstanding, Number of Warrants	125,000	150,000
Outstanding, Weighted Average Exercise Price	$ 6.32
Granted, Weighted Average Exercise Price	0
Vested, Weighted Average Grant Date Fair Value	6.32
Forfeited or Canceled, Weighted Average Exercise Price	0
Outstanding, Weighted Average Exercise Price	$ 6.32	$ 6.32
Warrants
Summary Of Company Outstanding Warrant and Changes In Unvested Warrants [Line Items]
Outstanding, Number of Warrants	801,760
Granted, Number of Warrants	0
Exercised, Number of Warrants	0
Forfeited or Canceled, Number of Warrants	0
Outstanding, Number of Warrants	801,760	801,760
Exercisable, Number of Warrants	676,760
Outstanding, Weighted Average Exercise Price	$ 7.87
Granted, Weighted Average Exercise Price	0
Exercised, Weighted Average Exercise Price	0
Forfeited or Canceled, Weighted Average Exercise Price	0
Outstanding, Weighted Average Exercise Price	7.87	$ 7.87
Exercisable, Weighted Average Exercise Price	$ 6.86
Outstanding, Weighted Average Remaining Contractual Life (in Years)	3 years 9 months 18 days	4 years 1 month 6 days
Exercisable, Weighted Average Remaining Contractual Life (in Years)	2 years 10 months 24 days
Outstanding, Aggregate Intrinsic Value	$ 1,377
Outstanding, Aggregate Intrinsic Value	652	$ 1,377
Exercisable, Aggregate Intrinsic Value	$ 652

Summary of Restricted Stock Act

Summary of Restricted Stock Activity and Performance Stock Units (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Restricted Stock
Summary Of Restricted Stock Activity [Line Items]
Outstanding, Number of Options	510,653
Granted, Number of Options	35,000
Vested, Number of Options	(45,833)
Outstanding, Number of Options	499,820	510,653
Weighted Average Grant Date Fair Value	$ 9.89
Granted, Weighted Average Grant Date Fair Value	7.23
Vested, Weighted Average Grant Date Fair Value	5.84
Weighted Average Grant Date Fair Value	$ 10.07	$ 9.89
Unvested, Weighted Average Remaining Contractual Life (in years)	1 year 10 months 24 days	2 years
Outstanding, Aggregate Intrinsic Value	$ 510
Outstanding, Aggregate Intrinsic Value	$ 139	$ 510
Performance Stock Units (PSUs)
Summary Of Restricted Stock Activity [Line Items]
Outstanding, Number of Options	1,308,500
Granted, Number of Options	30,000
Vested, Number of Options	(209,833)
Forfeited or Cancelled, Number of Options	0
Outstanding, Number of Options	1,128,667	1,308,500
Weighted Average Grant Date Fair Value	$ 10.98
Granted, Weighted Average Grant Date Fair Value	7.23
Vested, Weighted Average Grant Date Fair Value	(9.75)
Forfeited or Cancelled, Weighted Average Grant Date Fair Value	0
Weighted Average Grant Date Fair Value	$ 11.11	$ 10.98
Unvested, Weighted Average Remaining Contractual Life (in years)	1 year 2 months 12 days	1 year 4 months 24 days
Outstanding, Aggregate Intrinsic Value	$ 96
Outstanding, Aggregate Intrinsic Value	$ 39	$ 96

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Millions	Jan. 01, 2013	Jun. 22, 2015	Jul. 30, 2013	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 17, 2014	Aug. 15, 2014
Related Party [Line Items]
Intangible Asset Agreement Annual Payment				$ 1.7
License Agreement Annual Payment				1.3
Tengram Capital Partners Gen2 Fund Lp
Related Party [Line Items]
Percentage of beneficially owned of outstanding common stock	5.00%
FUL
Related Party [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill									$ 8.9
Business Acquisition, Percentage of Voting Interests Acquired									50.50%
Income (Loss) Attributable to Noncontrolling Interest				0.1
ES Originals Inc
Related Party [Line Items]
Royalty Revenue				3.7	$ 3.4
Accrued Royalties				$ 5			$ 4.1
TCM Employee
Related Party [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross			125,000
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Grants In Period			180,000
TCP Employee
Related Party [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage						60.00%	20.00%	20.00%
IP License Agreement And Intangible Asset Agreement [Member]
Related Party [Line Items]
Terms Of Agreement				calendar years 2018 through 2020 exceed $195 million or the gross licensing revenues for calendar year 2020 equal or exceed $65 million.
Accretion Expense				$ 0.2
License Agreement Payments During Period				0.3
Registration Rights Agreement [Member]
Related Party [Line Items]
Terms Of Agreement		up to two offerings of greater than $15 million each, certain S-3 registration rights for up to three offerings of greater than $5 million each
TCP Agreement
Related Party [Line Items]
Cash Paid For Services					0.5
Receivables From Series Rendered For Merger And Acquisition	$ 1			$ 0.1	$ 0.1
License Agreement Annual Payment										$ 0.9

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)	Dec. 04, 2015	Aug. 15, 2014	Feb. 29, 2016	Mar. 31, 2016	Dec. 31, 2015
Disclosure Acquisitions Additional Information [Line Items]
Business Acquisition Agreement Term Description		18 months
Stock Issued During Period, Value, Acquisitions				$ 0
Business Combinations [Abstract]
Common Stock, Par or Stated Value Per Share				$ 0.01	$ 0.01
Business Combination, Contingent Consideration Arrangements, Description					Beginning with calendar years commencing on or after January 1, 2026, the Company will pay Ms. Stewart three and one-half percent (3.5%) of Gross Licensing Revenues (as defined in Ms. Stewarts employment agreement) for each such calendar year for the remainder of Ms. Stewarts life (with a minimum of five (5) years of payments, to be made to Ms. Stewarts estate if Ms. Stewart dies before December 31, 2030)
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 176,681,757
Reimbursement of pre-acquisition legal costs				$ 800,000
Property, Plant and Equipment, Gross, Period Increase (Decrease), Total				$ 1,700,000
Galaxy Brand Holdings Acquisition [Member]
Business Combinations [Abstract]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			1,375,000
Martha Stewart Living Omnimedia [Member]
Disclosure Acquisitions Additional Information [Line Items]
Stock Issued During Period, Shares, Acquisitions	40,436,798
Stock Issued During Period, Value, Acquisitions	$ 40,314
Business Acquisition, Share Price	$ 8.8393
Business Combinations [Abstract]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	19,980,787
Common Stock Conversion Price	$ 6.15
Business Combination, Consideration Transferred, Total	$ 176,681,757
Business Acquisition, Legacy Payments	$ 1,700,000
Martha Stewart Living Omnimedia [Member] | Chief Executive Officer [Member]
Business Combinations [Abstract]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	33,939
Martha Stewart Living Omnimedia [Member] | Employees [Member]
Business Combinations [Abstract]
Business Combination, Consideration Transferred, Total	$ 14,200,000
Martha Stewart Living Omnimedia [Member] | Common Class A [Member]
Business Combinations [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.01
Martha Stewart Living Omnimedia [Member] | Common Class B [Member]
Business Combinations [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.01

Acquisitions (Preliminary Purch

Acquisitions (Preliminary Purchase Price) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill	$ 313,533	$ 314,288	$ 169,786
Martha Stewart Living Omnimedia, Inc [Member]
Legacy payments	1,749
Total consideration	1,749
Goodwill	1,749
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest, Total	$ 1,749

Acquisitions (Measurement Perio

Acquisitions (Measurement Period Reclassifications) (Detail) - Martha Stewart Living Omnimedia, Inc [Member] $ in Thousands	Mar. 31, 2016USD ($)
Allocated to:
Prepaid expenses and other current assets	$ 826
Property and equipment	1,717
Goodwill	(2,503)
Accounts payable and accrued expenses	(40)
Total consideration paid	$ 0

Acquisitions (Allocation of The

Acquisitions (Allocation of The Purchase Price (Detail)	Dec. 04, 2015USD ($)
Summary Of Preliminary Allocation Of Purchase Price [Line Items]
Fair value of common stock issued (20,014,726 shares)	$ 176,681,757
Acquisition of Martha Stewart Living Omnimedia [Member]
Summary Of Preliminary Allocation Of Purchase Price [Line Items]
Cash paid	176,722,000
Guaranteed Contractual Payments	12,826,000
Legacy payments	1,749,000
Fair value of common stock issued (20,014,726 shares)	185,937,000
Total consideration	394,711,000
Cash	39,095,000
Accounts receivable	17,524,000
Prepaid expenses and other current assets	1,524,000
Property and equipment	5,376,000
Other non-current assets	958,000
Goodwill	139,208,000
Trademarks	313,372,000
Customer agreements	640,000
Accounts payable and accrued expenses	(11,158,000)
Long-term liabilities	(452,000)
Other deferred revenue	(1,717,000)
Deferred tax liability	(109,659,000)
Total consideration paid	394,711,000
EmployeesDirector [Member] | Acquisition of Martha Stewart Living Omnimedia [Member]
Summary Of Preliminary Allocation Of Purchase Price [Line Items]
Noncontrolling interst member contribution	14,227,000
Seller [Member] | Acquisition of Martha Stewart Living Omnimedia [Member]
Summary Of Preliminary Allocation Of Purchase Price [Line Items]
Noncontrolling interst member contribution	$ 3,250,000

Restructuring - Additional Info

Restructuring - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	$ 2,500
Restructuring Reserve, Current	2,500	$ 6,900
Payments for Restructuring	7,300
Additional Restructuring Charges	$ 500
Restructuring and Related Cost, Number of Positions Eliminated	62
Other Restructuring Costs	$ 11,200
Professional Fees [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	472
Payments for Restructuring	(1,020)
Asset Write-Offs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	400
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	1,178
Payments for Restructuring	(5,187)
Contract Termination [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	419
Payments for Restructuring	$ (216)

Restructuring - (Detail)

Restructuring - (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Reserves and allowance deducted from asset accounts:
Charges to expense	$ 2,500
Amounts paid	7,300
Severance & Related Benefits [Member]
Reserves and allowance deducted from asset accounts:
Balance at January 1, 2016	4,644
Charges to expense	1,178
Amounts paid	(5,187)
Balance at March 31, 2016	635
Contract Termination Costs [Member]
Reserves and allowance deducted from asset accounts:
Balance at January 1, 2016	1,628
Charges to expense	419
Amounts paid	(216)
Balance at March 31, 2016	1,831
Professional Fees [Member]
Reserves and allowance deducted from asset accounts:
Balance at January 1, 2016	579
Charges to expense	472
Amounts paid	(1,020)
Balance at March 31, 2016	31
Total Accrual [Member]
Reserves and allowance deducted from asset accounts:
Balance at January 1, 2016	6,851
Charges to expense	2,069
Amounts paid	(6,423)
Balance at March 31, 2016	$ 2,497

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] $ in Millions	May. 10, 2016USD ($)
GAIAM, Inc [Member]
Subsequent Event [Line Items]
Payments to Acquire Businesses, Gross	$ 146
Term Loan [Member] | GSO Capital Partners LP [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	415
Term Loan [Member] | Bank of America, N.A [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	160
Revolving Loans [Member] | Bank of America, N.A [Member]
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 100