Funko (FNKO) 10-Q 9 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 08, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	FNKO
Entity Registrant Name	FUNKO, INC.
Entity Central Index Key	1,704,711
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		24,733,240
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		23,633,692

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Net sales		$ 176,915	$ 142,812	$ 452,849	$ 346,610
Cost of sales (exclusive of depreciation and amortization shown separately below)		108,898	84,387	280,536	214,453
Selling, general, and administrative expenses		41,267	32,511	110,306	83,412
Acquisition transaction costs			136	28	3,222
Depreciation and amortization		9,961	8,433	28,912	22,755
Total operating expenses		160,126	125,467	419,782	323,842
Income from operations		16,789	17,345	33,067	22,768
Interest expense, net		5,750	9,091	17,230	23,768
Other (income) expense, net		1,434	(32)	2,594	(145)
Income (loss) before income taxes		9,605	8,286	13,243	(855)
Income tax expense		1,519	22	2,049	1,046
Net income (loss)		8,086	8,264	11,194	(1,901)
Less: net income attributable to non-controlling interests		6,056		7,848
Net income (loss) attributable to Funko, Inc.		$ 2,030	$ 8,264	$ 3,346	$ (1,901)
Earnings per share of Class A common stock:
Basic	[1]	$ 0.09		$ 0.14
Diluted	[1]	$ 0.08		$ 0.13
Weighted average shares of Class A common stock outstanding:
Basic	[1]	23,765		23,484
Diluted	[1]	26,286		25,124
[1]	Basic and diluted earnings per Class A common stock is applicable only for the period after the Company’s initial public offering. See Note 11, Earnings per Share.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 8,086	$ 8,264	$ 11,194	$ (1,901)
Other comprehensive income (loss):
Foreign currency translation gain (loss), net of tax effect of $92 and $0 for the three months ended September 30, 2018 and 2017, and $31 and $0 for the nine months ended September 30, 2018 and 2017, respectively	(149)	590	(1,338)	1,361
Comprehensive income (loss)	7,937	8,854	9,856	(540)
Less: Comprehensive income attributable to non-controlling interests	5,951		7,149
Comprehensive income (loss) attributable to Funko, Inc.	$ 1,986	$ 8,854	$ 2,707	$ (540)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Foreign currency translation gain (loss), tax	$ 92	$ 0	$ 31	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 10,576	$ 7,728
Accounts receivable, net	127,026	115,478
Inventory	81,206	79,082
Prepaid expenses and other current assets	25,302	21,727
Total current assets	244,110	224,015
Property and equipment, net	44,469	40,438
Goodwill	112,977	110,902
Intangible assets, net	237,518	250,649
Deferred tax asset	5,795	51
Other assets	3,896	4,258
Total assets	648,765	630,313
Current liabilities:
Line of credit	54,899	10,801
Current portion long-term debt, net of unamortized discount	7,973	7,928
Accounts payable	34,978	53,428
Income taxes payable	2,371	2,268
Accrued royalties	31,494	25,969
Accrued expenses and other current liabilities	31,066	27,032
Current portion of contingent consideration	2,500	2,500
Total current liabilities	165,281	129,926
Long-term debt, net of unamortized discount	196,181	215,170
Deferred tax liability	65	588
Deferred rent and other long-term liabilities	10,820	3,474
Commitments and contingencies
Stockholders' equity:
Additional paid-in-capital	142,426	129,320
Accumulated other comprehensive income	163	802
Retained earnings	4,387	1,041
Total stockholders' equity attributable to Funko, Inc.	146,980	131,167
Non-controlling interests	129,438	149,988
Total stockholders' equity	276,418	281,155
Total liabilities and stockholders' equity	648,765	630,313
Class A Common Stock [Member]
Stockholders' equity:
Common stock, par value	2	2
Total stockholders' equity	2	2
Class B Common Stock [Member]
Stockholders' equity:
Common stock, par value	2	2
Total stockholders' equity	$ 2	$ 2

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Class A Common Stock [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	200,000	200,000
Common stock, shares issued	24,701	23,338
Common stock, shares outstanding	24,701	23,338
Class B Common Stock [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	50,000	50,000
Common stock, shares issued	23,665	24,976
Common stock, shares outstanding	23,665	24,976

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2018 - USD ($) shares in Thousands, $ in Thousands	Total	Class A Common Stock [Member]	Class B Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Retained Earnings [Member]	Non-Controlling Interests [Member]
Beginning balance at Dec. 31, 2017	$ 281,155	$ 2	$ 2	$ 129,320	$ 802	$ 1,041	$ 149,988
Beginning balance, shares at Dec. 31, 2017		23,338	24,976
Distribution to continuing equity owners	(20,441)						(20,441)
Equity-based compensation and option exercises	5,755			5,755
Cumulative translation adjustment, net of tax	(1,338)				(639)		(699)
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets	93			93
Redemption of common units of FAH, LLC				7,258			(7,258)
Redemption of common units of FAH, LLC, Shares		1,363	(1,311)
Net income	11,194	$ 11,194				3,346	7,848
Ending balance at Sep. 30, 2018	$ 276,418	$ 2	$ 2	$ 142,426	$ 163	$ 4,387	$ 129,438
Ending balance, shares at Sep. 30, 2018		24,701	23,665

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Operating Activities
Net income (loss)	$ 11,194	$ (1,901)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	28,912	22,755
Equity-based compensation	5,750	4,328
Contingent consideration		30
Accretion of discount on long-term debt	431	3,281
Amortization of debt issuance costs	1,107	378
Foreign currency gain	2,683
Deferred tax benefit	408
Changes in operating assets and liabilities:
Accounts receivable, net	(13,764)	(12,358)
Inventory	(3,705)	(17,158)
Prepaid expenses and other assets	(3,609)	(10,932)
Accounts payable	(20,234)	14,711
Income taxes payable	84
Accrued royalties	5,568	2,483
Accrued expenses and other liabilities	6,583	4,823
Net cash provided by operating activities	21,408	10,440
Investing Activities
Purchase of property and equipment	(20,870)	(26,278)
Acquisitions, net of cash	(635)	(28,443)
Net cash used in investing activities	(21,505)	(54,721)
Financing Activities
Borrowings on line of credit	251,853	110,177
Payments on line of credit	(207,755)	(55,256)
Proceeds from long-term debt, net		66,336
Payment of long-term debt	(20,050)	(9,650)
Proceeds from subordinated debt, net		20,000
Contingent consideration		(17,958)
Contributions from members		5,000
Distribution to continuing equity owners	(20,441)	(72,777)
Net cash provided by financing activities	3,607	45,872
Effect of exchange rates on cash and cash equivalents	(662)	(90)
Net increase in cash and cash equivalents	2,848	1,501
Cash and cash equivalents at beginning of period	7,728	6,161
Cash and cash equivalents at end of period	$ 10,576	$ 7,662

Organization and Operations

Organization and Operations	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Organization and Operations	1. Organization and Operations The unaudited condensed consolidated financial statements include Funko, Inc. and its subsidiaries (together with its subsidiaries, the “Company”) and have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). All intercompany balances and transactions have been eliminated. The Company was formed as a Delaware corporation on April 21, 2017. The Company was formed for the purpose of completing an initial public offering (“IPO”) of its Class A common stock and related transactions in order to carry on the business of Funko Acquisition Holdings, L.L.C. (“FAH, LLC”) and its subsidiaries. FAH, LLC, a holding company with no operating assets or operations, was formed on September 24, 2015. On October 30, 2015, ACON Funko Investors, L.L.C. (together with related entities, “ACON”), through FAH, LLC, acquired a controlling interest in Funko Holdings LLC (“FHL”) (the “ACON Acquisition”), a Delaware limited liability company formed on May 28, 2013, which is also a holding company with no operating assets or operations. FAH, LLC owns 100% of FHL and FHL owns 100% of Funko, LLC, a limited liability company formed in the state of Washington, which is its operating entity. Funko, LLC is headquartered in Everett, Washington and is a leading pop culture consumer products company. Funko, LLC designs, sources, and distributes licensed pop culture products. On November 6, 2017, the Company completed an IPO of 10,416,666 shares of its Class A common stock at a public offering price of $12.00 per share, receiving approximately $117.3 million in net proceeds, after deducting underwriting discounts and commissions, which were used to purchase 10,416,666 of FAH, LLC’s newly-issued common units at a price per unit equal to the price per share of Class A common stock sold in the IPO, less underwriting discounts and commissions. The IPO and related reorganization transactions (the “Transactions”) resulted in the Company being the sole managing member of FAH, LLC. As the sole managing member of FAH, LLC, Funko, Inc. operates and controls all of FAH, LLC’s operations and, through FAH, LLC and its subsidiaries, conducts FAH, LLC’s business. Accordingly, the Company consolidates the financial results of FAH, LLC and reports a non-controlling interest in its unaudited condensed consolidated financial statements representing the FAH, LLC interests held by ACON Funko Investors, L.L.C., a Delaware limited liability company (“ACON Funko Investors”) and certain of its affiliates, Fundamental Capital, LLC and Funko International, LLC (collectively, “Fundamental”), certain current and former executive officers, employees and directors, in each case, who held profits interests in FAH, LLC and who received common units of FAH, LLC in exchange for their profits interests in connection with the Transactions (as defined herein) (collectively, the “Original Equity Owners”) and the former holders of warrants to purchase ownership interests in FAH, LLC, which were converted into common units of FAH, LLC in connection with the Transactions, and, in each case, each of their permitted transferees that own common units in FAH, LLC and who may redeem at each of their options (subject in certain circumstances to time-based vesting requirements) their common units for, at the Company’s election, cash or newly-issued shares of the Company’s Class A common stock (collectively, the “Continuing Equity Owners”). Consolidation and Interim Financial Information In the opinion of management, all adjustments considered necessary for a fair presentation of the results as of the date and for the interim periods presented have been included; such adjustments consist of normal recurring adjustments. The unaudited condensed consolidated results of operations for the current interim period are not necessarily indicative of the results for the entire year ending December 31, 2018, due to seasonality and other factors. These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes included in its Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission (“SEC”) on March 19, 2018.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Significant Accounting Policies	2. Significant Accounting Policies Use of Estimates The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and assumptions. Significant Accounting Policies A description of the Company’s significant accounting policies is included in the audited financial statements within its Annual Report on Form 10–K for the year ended December 31, 2017. Recently Adopted Accounting Standards Revenue Recognition . In May 2014, the Financial Accounting Standards Board (“FASB”) issued a comprehensive new revenue recognition standard. The new standard allows for a full retrospective approach to transition or a modified retrospective approach. Effective January 1, 2018, the Company adopted ASU 2014-09 and its related amendments (collectively, the “new revenue standards”) using the modified retrospective transition method, which was applied to all contracts not completed as of that date. Results for reporting periods beginning after January 1, 2018 are presented under the new revenue standards, while prior periods were not adjusted. There was no impact related to the cumulative effect of the adoption of the new revenue standards on January 1. The adoption of the new revenue standard did not have any impact on the Company’s unaudited condensed consolidated financial statements as of or for the three and nine months ended September 30, 2018. The Company has applied the practical expedient prescribed in the new revenue standards and does not evaluate contracts of one year or less for the existence of a significant financing component. Substantially all of the Company’s revenues continue to be recognized when control of the goods are transferred to the customer, which is upon shipment or upon receipt of finished goods by the customer, depending on the contract terms. Based on the Company’s analysis of the new revenue standards, revenue recognition from the sale of finished goods to customers, which represents substantially all of the Company’s revenues, was not impacted by the adoption of the new revenue standards. Additionally, the Company routinely enters into arrangements with its customers to provide sales incentives, support customer promotions, and provide allowances for returns and defective merchandise. These sales adjustments require management to make estimates. In making these estimates, management considers all available information including the overall business environment, historical trends and information from customers, such as agreed upon customer contract terms as well as historical experience from the customer. The costs of these programs are considered variable consideration and are recorded as sales adjustments that reduce gross sales in the period the related sale is recognized. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimate process change; historically adjustments to estimated variable consideration have not been material. Amounts received prior to when control of the goods is transferred to the customer are recorded as deferred revenue on the unaudited condensed consolidated balance sheet. Sales terms do not allow for a right of return exception in relation to a manufacturing defect. The Company defers revenue on these advance payments until its performance obligation is satisfied. Deferred revenue is classified as a current liability when recognition is expected within 12 months following the balance sheet date. Deferred revenue was not material to the Company’s unaudited condensed consolidated balance sheet as of September 30, 2018 and December 31, 2017, and the changes in deferred revenue were not material to the unaudited condensed consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017. We have elected to account for shipping and handling activities that occur after control of the related good transfers as fulfillment activities instead of assessing such activities as performance obligations. Accordingly, shipping and handling activities that are performed by the Company, whether before or after a customer has obtained control of the products, are considered fulfillment costs to satisfy our performance obligation to transfer the products, and are recorded as incurred within cost of goods sold. We have made an accounting policy election to exclude from revenue all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the Company from a customer (for example, sales, use, value added, and some excise taxes). For a presentation of the Company’s revenues disaggregated by segment and geography, see Note 7, Segments. Statement of Cash Flows . In August 2016, the FASB issued a standard which clarifies how entities should classify certain cash receipts and cash payments in the statement of cash flows. The standard is effective for the Company beginning January 1, 2018, and did not have an impact on the Company’s unaudited condensed consolidated statement of cash flows. Definition of a Business . In January 2017, the FASB issued a standard which provides a new framework for determining whether transactions should be accounted for as acquisitions (or dispositions) of assets or a business. The standard is effective for the Company beginning January 1, 2018, and it did not have an impact on the Company’s unaudited condensed consolidated financial statements. Stock Compensation Modifications . In May 2017, the FASB issued a standard that clarifies the accounting for a stock-based compensation award that has been modified. The standard is effective for awards modified by the Company on or after January 1, 2018 and did not have an impact on the Company’s unaudited condensed consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted Lease Accounting . In February 2016, the FASB issued guidance related to lease accounting that requires the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements for leases with a term of more than 12 months. The standard is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. We will adopt the lease standard and its related amendments on January 1, 2019 with a cumulative adjustment to retained earnings rather than retrospectively adjusting prior periods. This will result in a balance sheet presentation that is not comparable to prior periods in the year of adoption. The Company is in the process of its implementation which includes evaluating its leasing activities and developing its estimate of the right-of-use asset and lease liability, which is based on the present value of lease payments. Final financial statement impacts will depend on the lease portfolio at the time of adoption, but the impact on the balance sheet is expected to be material. The Company does not expect material changes to the recognition of operating lease expenses in its consolidated statements of operations. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . In February 2018, the FASB issued new guidance that allows an entity to elect to reclassify “stranded” tax effects in accumulated other comprehensive income to retained earnings to address concerns related to accounting for certain provisions of the Tax Cuts and Jobs Act (“the Tax Act”) enacted in December 2017. The guidance is effective for annual and interim reporting periods beginning after December 15, 2018, with early adoption permitted. The Company is evaluating the impact the adoption of this standard will have on its consolidated financial statements.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Acquisitions	3. Acquisitions In 2017, the Company completed three acquisitions that were accounted for as business combinations by applying the acquisition method of accounting, where identifiable tangible and intangible assets acquired and liabilities assumed are recognized and measured as of the acquisition date at fair value and goodwill is calculated as the excess of the purchase price paid over the net assets acquired. A Large Evil Corporation Limited. On November 28, 2017, the Company acquired all of the outstanding equity of A Large Evil Corporation Limited (“A Large Evil Corporation Acquisition”), an animation studio based in the United Kingdom. The preliminary purchase consideration included $3.9 million paid in cash and additional $1.0 million due to the sellers based on certain working capital adjustments and other conditions as per the agreement. The purchase price allocation was finalized during the third quarter of 2018 and the estimated fair value of the assets acquired and liabilities assumed has been finalized. The finalization of the purchase price allocation resulted in no change from the preliminary estimate. Loungefly . On June 28, 2017, the Company acquired all of the outstanding equity interests of Loungefly, LLC (“Loungefly”), a designer of licensed pop culture fashion handbags, small leather goods and accessories (the “Loungefly Acquisition”). The purchase consideration included $17.9 million paid in cash, which included $1.8 million in transaction fees paid on behalf of the seller, and the issuance of $2.1 million of FAH, LLC’s Class A units. The purchase price allocation was finalized during the first quarter of 2018 and the estimated fair value of the assets acquired and liabilities assumed has been finalized. The finalization of purchase price allocation resulted primarily in a reduction of $1.7 million to intangible assets and an increase in goodwill of $1.8 million . Underground Toys Limited . On January 27, 2017, the Company acquired certain assets of Underground Toys Limited, a manufacturer and distributor of licensed products based in the United Kingdom (the “Underground Toys Acquisition”). The acquired assets primarily consisted of inventory and identifiable intangible assets, which are now used by the Company’s newly formed subsidiary Funko UK, Ltd. The purchase consideration included $12.6 million in cash, the issuance of $3.2 million of FAH, LLC’s Class A units, an additional payment in cash of up to $2.5 million contingent upon the assignment of certain license agreements and certain working capital adjustments of $1.8 million. The following table shows the amounts recognized for each major class of assets acquired and liabilities assumed and the resultant purchase price allocation for each transaction described above as of the respective acquisition date: Assets (Liabilities) Acquired (Assumed) at Fair Value Loungefly Underground Toys Limited A Large Evil Corporation Limited (in thousands) Cash $ 1,501 $ — $ 645 Accounts receivable 3,315 — 30 Inventory 2,351 15,263 — Other current assets 132 1,122 321 Property and equipment 214 289 76 Intangible assets 12,605 6,500 — Goodwill 8,428 2,999 4,000 Current liabilities (7,890 ) (6,183 ) (207 ) Consideration transferred $ 20,656 $ 19,990 $ 4,865 The following table summarizes the identifiable intangible assets acquired in connection with the transactions described above and their estimated useful lives as of the respective acquisition date: Estimated Fair Value of Assets Acquired Loungefly Underground Toys Limited Estimated Useful Life (in thousands) (Years) Intangible asset type: Customer relationships $ 2,015 $ 3,700 10 Licensor relationships 8,590 2,500 10 Trade name 2,000 — 10 Supplier relationships — 300 2 Intangible assets $ 12,605 $ 6,500

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Fair Value Measurements	4. Fair Value Measurements The Company’s financial instruments, other than those discussed below, include cash, accounts receivable, accounts payable, and accrued liabilities. The carrying amount of these financial instruments approximate fair value due to the short-term nature of these instruments. For financial instruments measured at fair value on a recurring basis, the Company prioritizes the inputs used in measuring fair value according to a three-tier fair value hierarchy defined by U.S. GAAP. For a description of the methods and assumptions that the Company uses to estimate the fair value and determine the classification according to the fair value hierarchy for each financial instrument, see the Company’s audited consolidated financial statements and related notes included in its Annual Report on Form 10-K for the year ended December 31, 2017. Contingent Consideration. The Company measures contingent consideration obligations at the acquisition date of a business combination, and at each balance sheet date, at fair value, with changes in fair value recognized in its unaudited condensed consolidated statements of operations. Fair value is measured using the discounted cash flow method and based on assumptions the Company believes would be made by a market participant. Significant market inputs used to determine fair value as of September 30, 2018 and December 31, 2017 included probabilities of the likelihood of assignment of license agreements that would trigger contingent purchase consideration, the timing of when the payments will be made, and the discount rate. Significant changes to these assumptions would result in a significantly lower or higher fair value measurement. The valuation represents a Level 3 measurement within the fair value hierarchy. The Company recorded an estimated $2.5 million in contingent consideration at the time the Company acquired Underground Toys Limited. The fair value of contingent consideration related to the acquisition of Underground Toys Limited was $2.5 million at September 30, 2018 and December 31, 2017. Changes in fair value reflect changes to the Company’s assumptions regarding probabilities of the likelihood of assignment of license agreements, the timing of when the payment will be made, and the discount rate used to estimate the fair value of the obligation, and are recorded within selling, general and administrative expense in the unaudited condensed consolidated statements of operations. Debt. The estimated fair values of the Company’s debt instruments, which are classified as Level 3 financial instruments, at September 30, 2018 and December 31, 2017, were approximately $263.2 million and $239.2 million, respectively. The carrying values of the Company’s debt instruments at September 30, 2018 and December 31, 2017, were $259.1 million and $233.9 million, respectively. The estimated fair value of the Company’s debt instruments primarily reflects assumptions regarding credit spreads for similar floating-rate instruments with similar terms and maturities and our standalone credit risk.

Debt

Debt	9 Months Ended
	Sep. 30, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Debt	5. Debt Debt consists of the following (in thousands): September 30, December 31, 2018 2017 Line of credit $ 54,899 $ 10,801 Term Loan A Facility 208,350 228,400 Debt issuance costs (4,196 ) (5,302 ) Total term debt 204,154 223,098 Less: current portion 7,973 7,928 Long-term debt, net $ 196,181 $ 215,170 Subordinated Promissory Notes On June 26, 2017, FAH, LLC issued promissory notes payable to certain of its members, including several members of management and its majority owner, in the aggregate principal amount of $20.0 million (the “Subordinated Promissory Notes”). Borrowings under the Subordinated Promissory Notes accrued interest at a rate equal to 11.0% per year for the first 90 days after their effective date, increasing to 13.0% per year 91 days after such effective date and 15.0% per year 181 days after such effective date. Proceeds from the Subordinated Promissory Notes were used to finance a portion of the contingent consideration related to the ACON Acquisition that was paid out during 2017. The Subordinated Promissory Notes matured on the earlier of (i) 180 days after payment of all obligations under the Senior Secured Credit Facilities (discussed further below) or (ii) the consummation of a qualified initial public offering. In November 2017, all of the outstanding aggregate principal balance and accrued interest on the Subordinated Promissory Notes of $20.9 million was repaid in connection with the Company’s IPO. Senior Secured Credit Facilities In October 2015, the Company entered into a credit agreement which provided for a $175.0 million term loan facility (the “Term Loan A Facility”) and revolving credit facility, including a $3.0 million subfacility for the issuance of letters of credit (the “Revolving Credit Facility”). On September 8, 2016, the Company entered into an amendment to the credit agreement which, among other things, increased borrowings under the Term Loan A Facility by $50.0 million and changed the interest rate applicable to the Revolving Credit Facility. In June 2017, the Company entered into additional amendments to its credit agreement to, among other things, (1) permit the Company to enter into certain subordinated loan documents, and (2) increase borrowings under the Term Loan A Facility by $20.0 million, increase commitments under the Revolving Credit Facility to $100.0 million and make certain changes to certain covenants and definitions. Proceeds from the additional Term Loan A Facility borrowings were used to fund a portion of the purchase price for the Loungefly Acquisition and to pay related fees and expenses. In November 2017, all of the outstanding aggregate principal balance and accrued interest of $46.1 million on the Company’s Term Loan B Facility was repaid in connection with the IPO, and the Company recorded a $5.1 million loss on debt extinguishment as a result of the write-off of unamortized discount. On March 7, 2018, the Company entered into an amendment to its credit agreement which provides for, among other things, (i) a $13.0 million prepayment of the amounts owing under the Term Loan A Facility on the effective date of the amendment, with no changes in the amount of future amortization payments, (ii) a reduction in the interest rate margins (a) for the Term Loan A Facility, from 6.25% to 5.50% for base rate loans and 7.25% to 6.50% for LIBOR rate loans and (b) for the Revolving Credit Facility, from 2.50% to 1.75% for LIBOR rate loans, (iii) a 1% prepayment premium on prepayments under both the Term Loan A Facility and the Revolving Credit Facility for 180 days after the effective date of the amendment, and (iv) a $20.0 million increase to the borrowing base under the Revolving Credit Facility, so long as no loan party formed under the laws of England and Wales or Funko UK, Ltd. incurs secured indebtedness for borrowed money. The Senior Secured Credit Facilities also provide for an excess cash flow payment following the end of each fiscal year that requires the Company to prepay the outstanding principal amount of all loans under the Senior Secured Credit Facilities in an aggregate amount equal to 60% of excess cash flow for such fiscal year, subject to certain step-downs and other reductions based on the Company’s senior leverage ratio and the amount of certain voluntary prepayments. The Company did not make any excess cash flow prepayments for the nine months ended September 30, 2018 or 2017. Borrowings under the Term Loan A Facility accrue interest at an annual rate equal to, at the Company’s option, either (1) the Reference Rate plus a margin of 6.25%, or (2) the LIBOR Rate plus a margin of 7.25%. The “Reference Rate” is defined as the greatest of (1) a commercial lending rate publicly announced by the reference bank, (2) the federal funds open rate plus 0.50% per year, and (3) the one-month LIBOR published in the Wall Street Journal plus 1.00% per year, subject to a 3.00% floor. The “LIBOR Rate” is defined as the applicable London Interbank Offered Rate for U.S. dollar deposits, subject to a 1.00% floor, divided by 1.00 minus the maximum effective reserve percentage for Eurocurrency funding. Borrowings under the Term Loan B Facility accrue interest at an annual rate equal to, at the Company’s option, either (1) the Reference Rate plus a margin of 9.00% per year, or (2) the LIBOR Rate plus a margin of 10.00% per year. The Senior Secured Credit Facilities are collateralized by substantially all of the assets of, and the equity interests held by, the borrowers and any subsidiary guarantor that may become party to the credit agreement in the future, subject to certain exceptions. The Senior Secured Credit Facilities also contain certain financial and restrictive covenants. As of September 30, 2018 and December 31, 2017, the Company was in compliance with all covenants under the Senior Secured Credit Facilities. The Company had $54.9 million and $10.8 million of borrowings outstanding under the Revolving Credit Facility as of September 30, 2018 and December 31, 2017, respectively. There were no outstanding letters of credit as of September 30, 2018 and December 31, 2017. On October 22, 2018, we refinanced the Senior Secured Credit Facilities. See Note 12, Subsequent Event, for further information.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	6. Commitments and Contingencies License Agreements The Company enters into license agreements with various licensors of copyrighted and trademarked characters and design in connection with the products that it sells. The agreements generally require royalty payments based on product sales and in some cases may require minimum royalty and other related commitments. The Company is currently in the process of negotiating a renewal of our licensing agreements with Disney and its controlled affiliates, LucasFilm and Marvel. As of September 30, 2018, we had accrued a $2.0 million consent fee under our existing licensing agreements with Disney, which we expect to pay in connection with the renewal of such licensing agreements. However, there is no certainty regarding the amount and timing of such consent fee, and the terms of any final agreement reached with Disney may be less favorable to us than the terms of our existing licensing agreements. Leases The Company has entered into non-cancellable operating leases for office, warehouse, and distribution facilities, with original lease periods expiring through 2027. Some operating leases also contain the option to renew for five-year periods at prevailing market rates at the time of renewal. In addition to minimum rent, certain of the leases require payment of real estate taxes, insurance, common area maintenance charges, and other executory costs. Differences between rent expense and rent paid is recorded as deferred rent on the consolidated balance sheets. For certain leases we receive tenant improvement allowances and record those as deferred rent on the unaudited condensed consolidated balance sheets and amortize the tenant improvement allowances on a straight-line basis over the lease term as a reduction of rent expense. Rent expense, net of sublease income, was $3.1 million and $1.6 million for the three months ended September 30, 2018 and 2017, respectively, and $7.7 million and $4.2 million for the nine months ended September 30, 2018 and 2017, respectively . Liabilities under Tax Receivable Agreement As discussed in Note 11, Income Taxes in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, the Company is party to the Tax Receivable Agreement with FAH, LLC and each of the Continuing Equity Owners that provides for the payment by the Company to the Continuing Equity Owners of 85% of the amount of tax benefits, if any, that it realizes, or in some circumstances, is deemed to realize, as a result of (i) future redemptions funded by the Company or exchanges, or deemed exchanges in certain circumstances, of common units for Class A common stock or cash, and (ii) certain additional tax benefits attributable to payments made under the Tax Receivable Agreement. The Company is not obligated to make any payments under the Tax Receivable Agreement until the tax benefits associated with the transaction that gave rise to the payment are realized. Amounts payable under the Tax Receivable Agreement are contingent upon, among other things, (i) the generation of future taxable income over the term of the Tax Receivable Agreement and (ii) future changes in tax laws. If the Company does not generate sufficient taxable income in the aggregate over the term of the Tax Receivable Agreement to utilize the tax benefits, then it would not be required to make the related Tax Receivable Agreement payments. During the three and nine months ended September 30, 2018, the Company recognized an additional liability in the amount of $6.5 million and $6.6 million, respectively, for the payments due to the redeeming members under the Tax Receivable Agreement, representing 85% of the aggregate tax benefits we expect to realize from the tax basis increases related to the redemption of FAH, LLC common units, after concluding it was probable that such Tax Receivable Agreement payments would be paid in the future based on our estimate of future taxable income. The Company did not record any liabilities for the Tax Receivable Agreement during the three and nine months ended September 30, 2017. There were no payments made pursuant to the Tax Receivable Agreement during the three and nine months ended September 30, 2018 and 2017. As of September 30, 2018, the Company’s total obligation under the Tax Receivable Agreement, including accrued interest, was $6.6 million, of which $0.6 million was included in Accrued expenses and other current liabilities, and $6.0 million was included in Deferred rent and other long-term liabilities on the condensed consolidated balance sheets. There were no transactions subject to the Tax Receivable Agreement for which the Company did not recognize the related liability, as we concluded that it was probable that the Company would have sufficient future taxable income to utilize all of the related tax benefits. At December 31, 2017, the Company did not have any obligations recorded under the Tax Receivable Agreement. Legal Contingencies The Company is involved in claims and litigation in the ordinary course of business, some of which seek monetary damages, including claims for punitive damages, which are not covered by insurance. For certain pending matters, accruals have not been established because such matters have not progressed sufficiently through discovery, and/or development of important factual information and legal information is insufficient to enable the Company to estimate a range of possible loss, if any. An adverse determination in one or more of these pending matters could have an adverse effect on the Company’s condensed consolidated financial position, results of operations or cash flows. On November 16, 2017, a purported stockholder of the Company filed a putative class action lawsuit in the Superior Court of Washington in and for King County against us, certain of our officers and directors, and the underwriters of our IPO, entitled Robert Lowinger v. Funko, Inc., et. al Surratt v. Funko, Inc. et. al. Baskin v. Funko, Inc. et. al. The Ronald and Maxine Linde Foundation v. Funko, Inc. et. al. Lovewell v. Funko, Inc. et. al Berkelhammer v. Funko, Inc. et. al. Berkelhammer Jacobs v. Funko, Inc. et. al Jacobs On July 2, 2018, all of the above-referenced suits were ordered consolidated for all purposes into one action under the title In re Funko, Inc. Securities Litigation Additionally, on June 4, 2018, a putative class action lawsuit Kanugonda v. Funko, et al. The complaints in both state and federal court allege that we violated Sections 11, 12, and 15 of the Securities Act of 1933, as amended, by making allegedly materially misleading statements and by omitting material facts necessary to make the statements made therein not misleading. The lawsuits seek, among other things, compensatory statutory damages and rescissory damages in account of the consideration paid for our Class A common stock by plaintiff and members of the putative class, as well as attorneys’ fees and costs. The Company believes it has meritorious defenses to the claims of the plaintiff and members of the class and any liability for the alleged claims is not currently probable or reasonably estimable.

Segments

Segments	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Segments	7. Segments The Company identifies its reportable segments according to how the business activities are managed and evaluated and for which discrete financial information is available and regularly reviewed by its Chief Operating Decision Maker (the “CODM”) to allocate resources and assess performance. Because its CODM reviews financial performance and allocates resources at a consolidated level on a regular basis, it has one reportable segment. The following table is a summary of product categories as a percent of net sales: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Figures 80.1 % 80.4 % 82.1 % 82.4 % Other 19.9 % 19.6 % 17.9 % 17.6 % The following tables present summarized geographical information (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Net sales: United States $ 121,316 $ 104,234 $ 307,274 $ 253,782 International 55,599 38,578 145,575 92,828 Total net sales $ 176,915 $ 142,812 $ 452,849 $ 346,610 September 30, December 31, 2018 2017 Long-lived assets: United States $ 24,370 $ 24,637 China and Vietnam 21,202 18,865 United Kingdom 2,793 1,194 Total long-lived assets $ 48,365 $ 44,696

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Related Party Transactions	8. Related Party Transactions ACON Equity Management Agreement On October 31, 2015, the Company entered into a management services agreement with ACON Equity Management, L.L.C. (“ACON Equity Management”), which required payment of a monitoring fee equal to the greater of (1) $500,000 and (2) 2% prior year Adjusted EBITDA, up to a maximum fee of $2.0 million. Pursuant to the management services agreement, Funko, LLC also agreed to pay ACON Equity Management a one-time advisory fee of $2.0 million and agreed to reimburse ACON Equity Management for certain costs and expenses in connection with ACON Equity Management’s performance under the agreement. In connection with the IPO, on November 6, 2017, the management fee agreement terminated. ACON Equity Management waived the $5.8 million termination fee. The Company had no management fees for the three and nine months ended September 30, 2018. The Company recognized $0.5 million and $1.5 million in management fees for the three and nine months ended September 30, 2017, respectively. These fees are recorded within selling, general and administrative expenses. As of September 30, 2018 and December 31, 2017, there were no amounts due to ACON Equity Management. Promissory Notes In October 2015, the Company entered into subscription agreements with several members of management (the “Purchasers”) to purchase FAH, LLC Class A units having an aggregate purchase price of $0.9 million. Funko, LLC entered into a secured promissory note with each Purchaser in an amount equal to the purchase price of the Class A units purchased by such individual. Amounts outstanding under the promissory notes were collateralized by all direct or indirect ownership interests of the Purchasers in FAH, LLC. The promissory notes had an 8% interest rate compounded on an annual basis and were recorded as a non-cash transaction within members’ equity. The Company recognized interest on a cash basis when principal payments were made and recorded a nominal amount of interest income for the three and nine months ended September 30, 2017. On October 5, 2017, outstanding aggregate principal and accrued interest of $0.2 million was forgiven for certain of FAH, LLC’s officers and executives. In November 2017, the remaining promissory notes were repaid in full with proceeds from the IPO. Other Agreements In June 2017, in connection with the Loungefly Acquisition, the Company assumed a lease for the Loungefly headquarters and warehouse operations with 20310 Plummer Street LLC and entered into a global sourcing agreement with Sure Star Development Ltd. Both entities are owned by certain employees of the Company, who were the former owners of Loungefly. For the three and nine months ended September 30, 2018, the Company recorded $0.1 million and $0.3 million, respectively, in rental expense related to the lease, which was recorded in selling, general and administrative expenses in the Company’s unaudited condensed consolidated statements of operations. At September 30, 2018, amounts owed to those entities were $3.1 million and were recorded in accounts payable on the unaudited condensed consolidated balance sheet. The Company sells products to Forbidden Planet, a U.K. retailer through its wholly owned subsidiary Funko UK, Ltd. One of the investors in Forbidden Planet is an employee of Funko UK. For the three and nine months ended September 30, 2018, the Company recorded approximately $2.5 million and $4.4 million, respectively, in net sales to Forbidden Planet. At each of September 30, 2018 and December 31, 2017, accounts receivable from Forbidden Planet was $0.5 million on the unaudited condensed consolidated balance sheets.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes Funko, Inc. is taxed as a corporation and pays corporate federal, state and local taxes on income allocated to it from FAH, LLC based upon Funko, Inc’s economic interest held in FAH, LLC. FAH, LLC is treated as a pass-through partnership for income tax reporting purposes. FAH, LLC’s members, including the Company, are liable for federal, state and local income taxes based on their share of FAH, LLC’s pass-through taxable income. The Company recorded $1.5 million and $2.0 million of income tax expense for the three and nine months ended September 30, 2018, respectively. The Company’s estimated annual effective tax rate for the nine months ended September 30, 2018 was 15.5%. The Company’s estimated annual effective tax rate is less than the statutory rate of 21% primarily because the Company is not liable for income taxes on the portion of FAH, LLC’s earnings that are attributable to non-controlling interests. The results from the three and nine months ended September 30, 2017 reflect the U.K. Corporation Tax attributable to Funko UK, Ltd., but does not reflect the U.S. tax expense of FAH, LLC, which as a pass-through entity, was not subject to U.S. income tax. In December 2017, the Tax Cuts and Jobs Act (the “Tax Act”) was passed. The Tax Act changed existing U.S. tax law, including changes to U.S. corporate tax rates, business-related exclusions, and deductions and credits. Analysis and interpretation of the Tax Act is provisional. The Company continues to assess and analyze the potential impacts of the Tax Act that could potentially impact the measurement of our tax balances. During the three and nine months ended September 30, 2018, the Company did not make any additional adjustments related to the Tax Act provisional amounts recorded at December 31, 2017. We expect to complete our analysis within the measurement period in accordance with SAB 118. As a result of the IPO and certain reorganization transactions, the Company recorded a net deferred tax asset resulting from the outside basis difference of its interest in FAH, LLC. The Company determined that the deferred tax asset related to acquiring its interest in FAH, LLC through the newly issued FAH, LLC units is not expected to be realized unless the Company disposes of its investment in FAH, LLC. Accordingly, the Company established a valuation allowance of $8.9 million against this portion of its deferred tax asset. The Company did not recognize any change to the valuation allowance through the provision for income tax or other comprehensive income for the three and nine months ended September 30, 2018. Pursuant to our election under Section 754 of the Internal Revenue Code, we expect the Company will receive additional increases in its share of the tax basis of FAH, LLC assets when the Continuing Equity Owners exchange common units of FAH, LLC (together with the corresponding shares of Class B common stock) for Class A common stock. If the Company acquires common units of FAH, LLC from the Continuing Equity Owners, we expect both the original basis adjustments and the anticipated basis adjustments will increase, resulting in additional future tax deductions and therefore reducing the amount of future income tax the Company would otherwise be required to pay. These potential future increases in tax basis will result in additional deferred tax assets and additional liabilities under the Tax Receivable Agreement, representing approximately 85% of the projected tax savings for the expected use of these tax attributes. Such amounts will be recorded at the time of these future exchanges based on our projections of taxable income and other factors that may exist at the time of such exchanges. During the nine months ended September 30, 2018, the Company acquired an aggregate of 1.4 million common units of FAH, LLC in connection with the redemption of common units, which resulted in an increase in the tax basis of our investment in FAH, LLC subject to the provisions of the Tax Receivable Agreement. As a result of these exchanges, during the nine months ended September 30, 2018 the Company recognized an increase to its net deferred tax assets in the amount of $6.7 million, and corresponding Tax Receivable Agreement liabilities of $6.6 million, representing 85% of the tax benefits due to the Continuing Equity Owners.

Non-controlling Interests

Non-controlling Interests	9 Months Ended
	Sep. 30, 2018
Noncontrolling Interest [Abstract]
Non-controlling Interests	10. Non-controlling interests Funko, Inc. is the sole managing member of FAH, LLC and as a result consolidates the financial results of FAH, LLC and reports a non-controlling interest representing the common units of FAH, LLC held by the Continuing Equity Owners. Changes in Funko, Inc.’s ownership interest in FAH, LLC while Funko, Inc. retains its controlling interest in FAH, LLC will be accounted for as equity transactions. As such, future redemptions or direct exchanges of common units of FAH, LLC by the Continuing Equity Owners will result in a change in ownership and reduce or increase the amount recorded as non-controlling interest and increase or decrease additional paid-in capital when FAH, LLC has positive or negative net assets, respectively. Net income (loss) and comprehensive income (loss) are attributed between Funko, Inc. and noncontrolling interest holders based on each party’s relative economic ownership interest in FAH, LLC. As of September 30, 2018 and December 31, 2017, Funko, Inc. owned 24.7 million and 23.3 million of FAH, LLC common units, respectively, representing a 50.5% and 48.3% economic ownership interest in FAH, LLC, respectively.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	11. Earnings per Share Basic earnings per share of Class A common stock is computed by dividing net income available to Funko, Inc. by the weighted-average number of shares of Class A common stock outstanding during the period. Diluted earnings per share of Class A common stock is computed by dividing net income available to Funko, Inc. by the weighted-average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities. Prior to the IPO, the FAH, LLC membership structure included Class A Units, Profits Units and HR Units. The Company analyzed the calculation of earnings per unit for periods prior to the IPO using the two-class method and determined that it resulted in values that would not be meaningful to the users of these unaudited condensed consolidated financial statements. Therefore, earnings per share information has not been presented for the three and nine months ended September 30, 2017. The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: Three Months Ended September 30, Nine Months Ended September 30, 2018 2018 Numerator: Net income attributable to Funko, Inc. $ 8,086 $ 11,194 Less: net income attributable to non-controlling interests 6,056 7,848 Net income attributable to Funko, Inc. — $ 2,030 $ 3,346 Add : Reallocation of net income attributable to non- controlling interests from the assumed exchange of common units of FAH, LLC for Class A common stock — — Net income attributable to Funko, Inc. — diluted $ 2,030 $ 3,346 Denominator: Weighted-average shares of Class A common stock outstanding — basic 23,765,291 23,484,041 Add: Effect of dilutive equity-based compensation awards 2,520,242 1,640,327 Weighted-average shares of Class A common stock outstanding — diluted 26,285,533 25,124,368 Earnings per share of Class A common stock — basic $ 0.09 $ 0.14 Earnings per share of Class A common stock — diluted $ 0.08 $ 0.13 For the three and nine months ended September 30, 2018, an aggregate of 25.4 million and 26.2 million Shares of the Company’s Class B common stock do not participate in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class B common stock under the two-class method has not been presented.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Event On October 22, 2018 (the “Closing Date”), the Company entered into a new credit agreement providing for a term loan facility in the amount of $235.0 million (the “New Term Loan Facility”) and a revolving credit facility of $50.0 million (the “New Revolving Credit Facility” and together with the New Term Loan Facility, the “New Credit Facilities”). Upon closing, proceeds from the New Credit Facilities were primarily used to repay all of the outstanding aggregate principal balance and accrued interest of $209.6 million on the previous Term Loan A Facility and $65.3 million on the previous Revolving Credit Facility. Upon repayment, both the previous Term Loan A Facility and the previous Revolving Credit Facility were terminated. The New Term Loan Facility matures on October 22, 2023 (the “Maturity Date”). The New Term Loan Facility amortizes in quarterly installments in aggregate amounts equal to 5.00% of the original principal amount of the New Term Loan Facility in the first and second years of the New Term Loan Facility, 10.00% of the original principal amount of the New Term Loan Facility in the third and fourth years of the New Term Loan Facility and 12.50% of the original principal amount of the New Term Loan Facility in the fifth year of the New Term Loan Facility, with any outstanding balance due and payable on the Maturity Date. The first amortization payment is on December 31, 2018. The New Revolving Credit Facility terminates on the Maturity Date and loans thereunder may be borrowed, repaid, and reborrowed up to such date. Loans under the New Credit Facilities will, at the Company’s option, bear interest at either the Euro-Rate (as defined in the Credit Agreement) plus 3.25% or the Base Rate (as defined in the Credit Agreement) plus 2.25%, with two 0.25% step-downs based on the achievement of certain leverage ratios following the Closing Date. The Euro-Rate is subject to a 0.00% floor. For loans based on the Euro-Rate, interest payments are due at the end of each applicable interest period. For loans based on the Base Rate, interest payments are due quarterly. Under certain circumstances described in the Credit Agreement, the Company may increase the New Credit Facilities in an aggregate amount not to exceed $25.0 million.

Significant Accounting Polici_2

Significant Accounting Policies (Policies) - Funko Acquisition Holdings, L.L.C. [Member]	9 Months Ended
	Sep. 30, 2018
Use of Estimates	Use of Estimates The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and assumptions.
Recently Adopted Accounting Standards and Recent Accounting Pronouncements Not Yet Adopted	Recently Adopted Accounting Standards Revenue Recognition . In May 2014, the Financial Accounting Standards Board (“FASB”) issued a comprehensive new revenue recognition standard. The new standard allows for a full retrospective approach to transition or a modified retrospective approach. Effective January 1, 2018, the Company adopted ASU 2014-09 and its related amendments (collectively, the “new revenue standards”) using the modified retrospective transition method, which was applied to all contracts not completed as of that date. Results for reporting periods beginning after January 1, 2018 are presented under the new revenue standards, while prior periods were not adjusted. There was no impact related to the cumulative effect of the adoption of the new revenue standards on January 1. The adoption of the new revenue standard did not have any impact on the Company’s unaudited condensed consolidated financial statements as of or for the three and nine months ended September 30, 2018. The Company has applied the practical expedient prescribed in the new revenue standards and does not evaluate contracts of one year or less for the existence of a significant financing component. Substantially all of the Company’s revenues continue to be recognized when control of the goods are transferred to the customer, which is upon shipment or upon receipt of finished goods by the customer, depending on the contract terms. Based on the Company’s analysis of the new revenue standards, revenue recognition from the sale of finished goods to customers, which represents substantially all of the Company’s revenues, was not impacted by the adoption of the new revenue standards. Additionally, the Company routinely enters into arrangements with its customers to provide sales incentives, support customer promotions, and provide allowances for returns and defective merchandise. These sales adjustments require management to make estimates. In making these estimates, management considers all available information including the overall business environment, historical trends and information from customers, such as agreed upon customer contract terms as well as historical experience from the customer. The costs of these programs are considered variable consideration and are recorded as sales adjustments that reduce gross sales in the period the related sale is recognized. The Company adjusts its estimate of variable consideration at least quarterly or when facts and circumstances used in the estimate process change; historically adjustments to estimated variable consideration have not been material. Amounts received prior to when control of the goods is transferred to the customer are recorded as deferred revenue on the unaudited condensed consolidated balance sheet. Sales terms do not allow for a right of return exception in relation to a manufacturing defect. The Company defers revenue on these advance payments until its performance obligation is satisfied. Deferred revenue is classified as a current liability when recognition is expected within 12 months following the balance sheet date. Deferred revenue was not material to the Company’s unaudited condensed consolidated balance sheet as of September 30, 2018 and December 31, 2017, and the changes in deferred revenue were not material to the unaudited condensed consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017. We have elected to account for shipping and handling activities that occur after control of the related good transfers as fulfillment activities instead of assessing such activities as performance obligations. Accordingly, shipping and handling activities that are performed by the Company, whether before or after a customer has obtained control of the products, are considered fulfillment costs to satisfy our performance obligation to transfer the products, and are recorded as incurred within cost of goods sold. We have made an accounting policy election to exclude from revenue all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the Company from a customer (for example, sales, use, value added, and some excise taxes). For a presentation of the Company’s revenues disaggregated by segment and geography, see Note 7, Segments. Statement of Cash Flows . In August 2016, the FASB issued a standard which clarifies how entities should classify certain cash receipts and cash payments in the statement of cash flows. The standard is effective for the Company beginning January 1, 2018, and did not have an impact on the Company’s unaudited condensed consolidated statement of cash flows. Definition of a Business . In January 2017, the FASB issued a standard which provides a new framework for determining whether transactions should be accounted for as acquisitions (or dispositions) of assets or a business. The standard is effective for the Company beginning January 1, 2018, and it did not have an impact on the Company’s unaudited condensed consolidated financial statements. Stock Compensation Modifications . In May 2017, the FASB issued a standard that clarifies the accounting for a stock-based compensation award that has been modified. The standard is effective for awards modified by the Company on or after January 1, 2018 and did not have an impact on the Company’s unaudited condensed consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted Lease Accounting . In February 2016, the FASB issued guidance related to lease accounting that requires the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements for leases with a term of more than 12 months. The standard is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. We will adopt the lease standard and its related amendments on January 1, 2019 with a cumulative adjustment to retained earnings rather than retrospectively adjusting prior periods. This will result in a balance sheet presentation that is not comparable to prior periods in the year of adoption. The Company is in the process of its implementation which includes evaluating its leasing activities and developing its estimate of the right-of-use asset and lease liability, which is based on the present value of lease payments. Final financial statement impacts will depend on the lease portfolio at the time of adoption, but the impact on the balance sheet is expected to be material. The Company does not expect material changes to the recognition of operating lease expenses in its consolidated statements of operations. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . In February 2018, the FASB issued new guidance that allows an entity to elect to reclassify “stranded” tax effects in accumulated other comprehensive income to retained earnings to address concerns related to accounting for certain provisions of the Tax Cuts and Jobs Act (“the Tax Act”) enacted in December 2017. The guidance is effective for annual and interim reporting periods beginning after December 15, 2018, with early adoption permitted. The Company is evaluating the impact the adoption of this standard will have on its consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Summary of Purchase Price Allocations	The following table shows the amounts recognized for each major class of assets acquired and liabilities assumed and the resultant purchase price allocation for each transaction described above as of the respective acquisition date: Assets (Liabilities) Acquired (Assumed) at Fair Value Loungefly Underground Toys Limited A Large Evil Corporation Limited (in thousands) Cash $ 1,501 $ — $ 645 Accounts receivable 3,315 — 30 Inventory 2,351 15,263 — Other current assets 132 1,122 321 Property and equipment 214 289 76 Intangible assets 12,605 6,500 — Goodwill 8,428 2,999 4,000 Current liabilities (7,890 ) (6,183 ) (207 ) Consideration transferred $ 20,656 $ 19,990 $ 4,865
Summary of Identifiable Intangible Assets Acquired	The following table summarizes the identifiable intangible assets acquired in connection with the transactions described above and their estimated useful lives as of the respective acquisition date: Estimated Fair Value of Assets Acquired Loungefly Underground Toys Limited Estimated Useful Life (in thousands) (Years) Intangible asset type: Customer relationships $ 2,015 $ 3,700 10 Licensor relationships 8,590 2,500 10 Trade name 2,000 — 10 Supplier relationships — 300 2 Intangible assets $ 12,605 $ 6,500

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Summary of Debt	Debt consists of the following (in thousands): September 30, December 31, 2018 2017 Line of credit $ 54,899 $ 10,801 Term Loan A Facility 208,350 228,400 Debt issuance costs (4,196 ) (5,302 ) Total term debt 204,154 223,098 Less: current portion 7,973 7,928 Long-term debt, net $ 196,181 $ 215,170

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Summary of Product Categories as Percent of Sales	The following table is a summary of product categories as a percent of net sales: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Figures 80.1 % 80.4 % 82.1 % 82.4 % Other 19.9 % 19.6 % 17.9 % 17.6 %
Summary of Net Sales and Long-Lived Assets	The following tables present summarized geographical information (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Net sales: United States $ 121,316 $ 104,234 $ 307,274 $ 253,782 International 55,599 38,578 145,575 92,828 Total net sales $ 176,915 $ 142,812 $ 452,849 $ 346,610 September 30, December 31, 2018 2017 Long-lived assets: United States $ 24,370 $ 24,637 China and Vietnam 21,202 18,865 United Kingdom 2,793 1,194 Total long-lived assets $ 48,365 $ 44,696

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Class A Common Stock [Member]
Schedule of Reconciliations of Numerators and Denominators Used to Compute Basic and Diluted Earnings Per Share	The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock: Three Months Ended September 30, Nine Months Ended September 30, 2018 2018 Numerator: Net income attributable to Funko, Inc. $ 8,086 $ 11,194 Less: net income attributable to non-controlling interests 6,056 7,848 Net income attributable to Funko, Inc. — $ 2,030 $ 3,346 Add : Reallocation of net income attributable to non- controlling interests from the assumed exchange of common units of FAH, LLC for Class A common stock — — Net income attributable to Funko, Inc. — diluted $ 2,030 $ 3,346 Denominator: Weighted-average shares of Class A common stock outstanding — basic 23,765,291 23,484,041 Add: Effect of dilutive equity-based compensation awards 2,520,242 1,640,327 Weighted-average shares of Class A common stock outstanding — diluted 26,285,533 25,124,368 Earnings per share of Class A common stock — basic $ 0.09 $ 0.14 Earnings per share of Class A common stock — diluted $ 0.08 $ 0.13

Organization and Operations - A

Organization and Operations - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Nov. 06, 2017	Sep. 30, 2018
IPO [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Formation date		Apr. 21, 2017
Corporation state name		Delaware
IPO [Member] | Class A Common Stock [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Shares issued under IPO	10,416,666
Sale of stock price per share	$ 12
Net proceeds from initial offering after deducting underwriting discounts and commissions	$ 117.3
ACON Acquisition [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Business acquisition date		Oct. 30, 2015
Funko Acquisition Holdings, L.L.C. [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Formation date		Sep. 24, 2015
Funko Acquisition Holdings, L.L.C. [Member] | Common Units [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of shares sold	10,416,666
Funko Holdings LLC [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Formation date		May 28, 2013
Funko Holdings LLC [Member] | Funko Acquisition Holdings, L.L.C. [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Ownership percentage		100.00%
Funko Holdings LLC [Member] | Funko Acquisition Holdings, L.L.C. [Member] | Funko LLC [Member]
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Ownership percentage		100.00%

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Detail)	Sep. 30, 2018
ASU 2014-09
Significant Accounting Policies [Line Items]
Expected revenue recognition period	12 months

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) $ in Thousands	Nov. 28, 2017USD ($)	Jun. 28, 2017USD ($)	Jan. 27, 2017USD ($)	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)Acquisition
Business Acquisition [Line Items]
Contingent consideration payable				$ 2,500	$ 2,500
A Large Evil Corporation Limited [Member]
Business Acquisition [Line Items]
Date of acquisition				Nov. 28, 2017
Cash consideration paid	$ 3,900
Contingent consideration payable	$ 1,000
Funko Acquisition Holdings, L.L.C. [Member]
Business Acquisition [Line Items]
Number of business acquired | Acquisition					3
Funko Acquisition Holdings, L.L.C. [Member] | Loungefly [Member]
Business Acquisition [Line Items]
Date of acquisition				Jun. 28, 2017
Cash consideration paid		$ 17,900
Transaction fees		1,800
Finalization of purchase price allocation, intangible assets				$ 1,700
Finalization of purchase price allocation, goodwill				$ 1,800
Funko Acquisition Holdings, L.L.C. [Member] | Loungefly [Member] | Class A Units [Member]
Business Acquisition [Line Items]
Equity consideration paid		$ 2,100
Funko Acquisition Holdings, L.L.C. [Member] | Underground Toys Limited [Member]
Business Acquisition [Line Items]
Date of acquisition				Jan. 27, 2017
Cash consideration paid			$ 12,600
Contingent consideration payable			2,500
Business acquisition, working capital adjustments			1,800
Funko Acquisition Holdings, L.L.C. [Member] | Underground Toys Limited [Member] | Class A Units [Member]
Business Acquisition [Line Items]
Equity consideration paid			$ 3,200

Acquisitions - Summary of Purch

Acquisitions - Summary of Purchase Price Allocations (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Nov. 28, 2017	Jun. 28, 2017	Jan. 27, 2017
Business Acquisition [Line Items]
Goodwill	$ 112,977	$ 110,902
Funko Acquisition Holdings, L.L.C. [Member] | Loungefly [Member]
Business Acquisition [Line Items]
Cash				$ 1,501
Accounts receivable				3,315
Inventory				2,351
Other current assets				132
Property and equipment				214
Intangible assets				12,605
Goodwill				8,428
Current liabilities				(7,890)
Consideration transferred				$ 20,656
Funko Acquisition Holdings, L.L.C. [Member] | Underground Toys Limited [Member]
Business Acquisition [Line Items]
Inventory					$ 15,263
Other current assets					1,122
Property and equipment					289
Intangible assets					6,500
Goodwill					2,999
Current liabilities					(6,183)
Consideration transferred					$ 19,990
Funko Acquisition Holdings, L.L.C. [Member] | A Large Evil Corporation Limited [Member]
Business Acquisition [Line Items]
Cash			$ 645
Accounts receivable			30
Other current assets			321
Property and equipment			76
Goodwill			4,000
Current liabilities			(207)
Consideration transferred			$ 4,865

Acquisitions - Summary of Ident

Acquisitions - Summary of Identifiable Intangible Assets Acquired (Detail) - Funko Acquisition Holdings, L.L.C. [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Jun. 28, 2017	Jan. 27, 2017
Loungefly [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value		$ 12,605
Underground Toys Limited [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value			$ 6,500
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, estimated useful life	10 years
Customer Relationships [Member] | Loungefly [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value		2,015
Customer Relationships [Member] | Underground Toys Limited [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value			3,700
Licensor Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, estimated useful life	10 years
Licensor Relationships [Member] | Loungefly [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value		8,590
Licensor Relationships [Member] | Underground Toys Limited [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value			2,500
Trade Name [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, estimated useful life	10 years
Trade Name [Member] | Loungefly [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value		$ 2,000
Supplier Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, estimated useful life	2 years
Supplier Relationships [Member] | Underground Toys Limited [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset, fair value			$ 300

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Jan. 27, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated contingent consideration	$ 2,500	$ 2,500
Funko Acquisition Holdings, L.L.C. [Member] | Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated fair values of debt instruments	263,200	239,200
Carrying values of debt instruments	259,100	233,900
Funko Acquisition Holdings, L.L.C. [Member] | Underground Toys Limited [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated contingent consideration			$ 2,500
Fair value contingent consideration liability	$ 2,500	$ 2,500

Debt - Summary of Debt (Detail)

Debt - Summary of Debt (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Line of credit	$ 54,899	$ 10,801
Debt issuance costs	(4,196)	(5,302)
Total term debt	204,154	223,098
Less: current portion	7,973	7,928
Long-term debt, net	196,181	215,170
Term Loan A Facility [Member]
Debt Instrument [Line Items]
Carrying values of debt instruments	$ 208,350	$ 228,400

Debt - Subordinated Promissory

Debt - Subordinated Promissory Notes - Additional Information (Detail) - Funko Acquisition Holdings, L.L.C. [Member] - Subordinated Promissory Notes [Member] - USD ($) $ in Millions	1 Months Ended	9 Months Ended
	Nov. 30, 2017	Sep. 30, 2018	Jun. 26, 2017
Debt Instrument [Line Items]
Subordinated promissory notes, aggregate principal amount			$ 20
Maturity date description		The Subordinated Promissory Notes matured on the earlier of (i) 180 days after payment of all obligations under the Senior Secured Credit Facilities (discussed further below) or (ii) the consummation of a qualified initial public offering.
IPO [Member]
Debt Instrument [Line Items]
Repayments of outstanding aggregate principal balance and accrued interest	$ 20.9
For First 90 Days After Effective Date [Member]
Debt Instrument [Line Items]
Interest rate of borrowings		11.00%
Term of accrued interest rate		90 days
After 91 Days and Before 181 Days of Effective Date [Member]
Debt Instrument [Line Items]
Interest rate of borrowings		13.00%
Term of accrued interest rate		91 days
After 181 Days of Effective Date [Member]
Debt Instrument [Line Items]
Interest rate of borrowings		15.00%
Term of accrued interest rate		181 days

Debt - Senior Secured Credit Fa

Debt - Senior Secured Credit Facilities - Additional Information (Detail) - USD ($)	Mar. 07, 2018	Mar. 06, 2018	Nov. 30, 2017	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jan. 17, 2017	Sep. 08, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Percentage of prepayment premium	1.00%
Period of prepayment premium after effective date	180 days
Excess cash flow prepayments					$ 0	$ 0
Line of credit					$ 54,899,000		$ 10,801,000
Maximum [Member]
Debt Instrument [Line Items]
Percentage of excess cash flow, applied to outstanding principal amount of senior credit facilities					60.00%
Term Loan A [Member]
Debt Instrument [Line Items]
Carrying values of debt instruments									$ 50,000,000	$ 175,000,000
Term loan facility, increase in borrowing amount				$ 20,000,000
Prepayment of amounts owing under line of credit	$ 13,000,000
Term loan facility description					Borrowings under the Term Loan A Facility accrue interest at an annual rate equal to, at the Company’s option, either (1) the Reference Rate plus a margin of 6.25%, or (2) the LIBOR Rate plus a margin of 7.25%. The “Reference Rate” is defined as the greatest of (1) a commercial lending rate publicly announced by the reference bank, (2) the federal funds open rate plus 0.50% per year, and (3) the one-month LIBOR published in the Wall Street Journal plus 1.00% per year, subject to a 3.00% floor.
Term Loan A [Member] | Base Rate Loans [Member]
Debt Instrument [Line Items]
Interest rate margins	5.50%	6.25%
Term Loan A [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate margins	6.50%	7.25%			7.25%
Floor interest rate					1.00%
Term Loan A [Member] | Reference Rate [Member]
Debt Instrument [Line Items]
Interest rate margins					6.25%
Term Loan A [Member] | Federal Funds Open Rate [Member]
Debt Instrument [Line Items]
Interest rate margins					0.50%
Term Loan A [Member] | One Month London Interbank Offered Rate LIBOR [Member]
Debt Instrument [Line Items]
Interest rate margins					1.00%
Floor interest rate					3.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit				$ 100,000,000				$ 80,000,000		$ 3,000,000
Increase to borrowing base credit facility	$ 20,000,000
Line of credit					$ 54,900,000		10,800,000
Revolving Credit Facility [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate margins	1.75%	2.50%
Term Loan B [Member]
Debt Instrument [Line Items]
Carrying values of debt instruments								$ 50,000,000
Term loan facility description					Borrowings under the Term Loan B Facility accrue interest at an annual rate equal to, at the Company’s option, either (1) the Reference Rate plus a margin of 9.00% per year, or (2) the LIBOR Rate plus a margin of 10.00% per year.
Term Loan B [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Interest rate margins					10.00%
Term Loan B [Member] | Reference Rate [Member]
Debt Instrument [Line Items]
Interest rate margins					9.00%
Term Loan B [Member] | IPO [Member]
Debt Instrument [Line Items]
Repayment of term loan outstanding aggregate principal balance and accrued interest			$ 46,100,000
Loss on extinguishment of debt			$ 5,100,000
Letters of Credit [Member]
Debt Instrument [Line Items]
Line of credit					$ 0		$ 0

Commitments and Contingencies -

Commitments and Contingencies - Additional information (Detail) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)Lawsuit	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Lessee Lease Description [Line Items]
Accrued liabilities	$ 2,000		$ 2,000
Rent expense, net of sublease income	3,100	$ 1,600	7,700	$ 4,200
Percentage of tax benefit paid to equity owner					85.00%
Payments for tax receivable agreement	$ 0	$ 0	$ 0	$ 0
Number of additional putative class action lawsuits filed | Lawsuit			5
Robert Lowinger v. Funko, inc. et. al. [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			November 16, 2017
Surratt v. Funko, Inc. et. al. and Baskin v. Funko, Inc. et. al. [Member]
Lessee Lease Description [Line Items]
Number of additional putative class action lawsuits filed | Lawsuit			2
Ronald and Maxine Linde Foundation v. Funko, inc. et. al. And Lovewell v. Funko, inc. et. al. [Member]
Lessee Lease Description [Line Items]
Number of additional putative class action lawsuits filed | Lawsuit			2
Berkelhammer v. Funko, inc. et. al. [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			May 15, 2018
Number of additional putative class action lawsuits filed | Lawsuit			1
Berkelhammer v. Funko, inc. et. al. [Member] | Officers and Directors [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			March 13, 2018
Lawsuit dismissal date			May 8, 2018
Surratt v. Funko, Inc. et. al. [Member] | Officers and Directors [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			January 16, 2018
Baskin v. Funko, Inc. et. al. [Member] | Officers and Directors [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			January 30, 2018
Ronald and Maxine Linde Foundation v. Funko, inc. et. al. [Member] | Officers and Directors [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			January 18, 2018
Lovewell v. Funko, inc. et. al. [Member] | Officers and Directors [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			March 27, 2018
Jacobs v. Funko, inc. et al. [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			April 2, 2018
Kanugonda V Funko Et Al [Member]
Lessee Lease Description [Line Items]
Lawsuit filing date			June 4, 2018
Funko Acquisition Holdings, L.L.C. [Member]
Lessee Lease Description [Line Items]
Operating lease expiration			Dec. 31, 2027
Operating leases, renewal term	5 years		5 years
Liabilities recognized under tax receivable agreement	$ 6,500		$ 6,600
Penalties and Interest Accrued	6,600		6,600
Contractual obligation					$ 0
Funko Acquisition Holdings, L.L.C. [Member] | Accrued Expenses and Other Current Liabilities [Member]
Lessee Lease Description [Line Items]
Penalties and Interest Accrued	600		600
Funko Acquisition Holdings, L.L.C. [Member] | Deferred Rent and Other Long-Term Liability [Member]
Lessee Lease Description [Line Items]
Penalties and Interest Accrued	$ 6,000		$ 6,000

Segments - Additional Informati

Segments - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2018Segment
Segment Reporting Disclosure Of Entitys Reportable Segments [Abstract]
Number of reportable segments	1

Segments - Summary of Product C

Segments - Summary of Product Categories as Percent of Net Sales (Detail) - Sales Revenue [Member] - Product Concentration Risk [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Figures [Member]
Schedule Of Property And Equipment Net By Country [Line Items]
Percent of sales	80.10%	80.40%	82.10%	82.40%
Other [Member]
Schedule Of Property And Equipment Net By Country [Line Items]
Percent of sales	19.90%	19.60%	17.90%	17.60%

Segments - Summary of Net Sales

Segments - Summary of Net Sales and Long-Lived Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Net sales	$ 176,915	$ 142,812	$ 452,849	$ 346,610
Total long-lived assets	48,365		48,365		$ 44,696
United States [Member]
Segment Reporting Information [Line Items]
Net sales	121,316	104,234	307,274	253,782
Total long-lived assets	24,370		24,370		24,637
International [Member]
Segment Reporting Information [Line Items]
Net sales	55,599	$ 38,578	145,575	$ 92,828
China and Viet Nam [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	21,202		21,202		18,865
United Kingdom [Member]
Segment Reporting Information [Line Items]
Total long-lived assets	$ 2,793		$ 2,793		$ 1,194

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Oct. 05, 2017	Oct. 31, 2015	Oct. 31, 2015	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Nov. 06, 2017
Related Party Transaction [Line Items]
Accrued expenses and other current liabilities				$ 31,066,000		$ 31,066,000		$ 27,032,000
Funko Acquisition Holdings, L.L.C. [Member] | Convertible Notes Payable [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate		8.00%	8.00%
Funko Acquisition Holdings, L.L.C. [Member] | Several Members of Management [Member] | Class A Units [Member]
Related Party Transaction [Line Items]
Aggregate purchase price			$ 900,000
Funko Acquisition Holdings, L.L.C. [Member] | Certain Officers And Executives [Member] | Non Recourse Notes [Member]
Related Party Transaction [Line Items]
Outstanding aggregate principal and accrued interest forgiven	$ 200,000
Funko Acquisition Holdings, L.L.C. [Member] | ACON Equity Management, L.L.C. [Member]
Related Party Transaction [Line Items]
Monitoring fees as percentage of prior year adjusted EBITDA		2.00%
Advisory fees		$ 2,000,000
Management Services Agreement						On October 31, 2015, the Company entered into a management services agreement with ACON Equity Management, L.L.C. (“ACON Equity Management”), which required payment of a monitoring fee equal to the greater of (1) $500,000 and (2) 2% prior year Adjusted EBITDA, up to a maximum fee of $2.0 million.
Termination fees waived									$ 5,800,000
Funko Acquisition Holdings, L.L.C. [Member] | ACON Equity Management, L.L.C. [Member] | Selling, General, and Administrative Expenses [Member]
Related Party Transaction [Line Items]
Management fees				0	$ 500,000	$ 0	$ 1,500,000
Funko Acquisition Holdings, L.L.C. [Member] | ACON Equity Management, L.L.C. [Member] | Management Fees [Member]
Related Party Transaction [Line Items]
Accrued expenses and other current liabilities				0		0		0
Funko Acquisition Holdings, L.L.C. [Member] | ACON Equity Management, L.L.C. [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Monitoring fees		500,000
Funko Acquisition Holdings, L.L.C. [Member] | ACON Equity Management, L.L.C. [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Monitoring fees		$ 2,000,000
Funko Acquisition Holdings, L.L.C. [Member] | Sure Star Development Ltd [Member]
Related Party Transaction [Line Items]
Accounts payable				3,100,000		3,100,000
Funko Acquisition Holdings, L.L.C. [Member] | Sure Star Development Ltd [Member] | Selling, General, and Administrative Expenses [Member]
Related Party Transaction [Line Items]
Lease rental expense				100,000		300,000
Funko Acquisition Holdings, L.L.C. [Member] | Forbidden Planet [Member]
Related Party Transaction [Line Items]
Related party, net sales				2,500,000		4,400,000
Related party, accounts receivable				$ 500,000		$ 500,000		$ 500,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax [Line Items]
Effective income tax rate			15.50%
Income tax expense	$ 1,519,000	$ 22,000	$ 2,049,000	$ 1,046,000
Statutory income tax rate	21.00%		21.00%
Change to valuation allowance	$ 0		$ 0
Funko Acquisition Holdings, L.L.C. [Member]
Income Tax [Line Items]
Deferred tax assets, valuation allowance	$ 8,900,000		$ 8,900,000
Percentage of additional deferred tax assets and liabilities as percentage of projected tax savings			85.00%
Common units acquired			1.4
Increase in deferred tax assets			$ 6,700,000
Increase in Tax Receivable Agreement liabilities			$ 6,600,000
Percentage of tax benefits required to pay under the tax receivable agreement			85.00%

Non-controlling Interests - Add

Non-controlling Interests - Additional Information (Detail) - shares	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Class A Common Stock [Member]
Minority Interest [Line Items]
Common stock, shares outstanding	24,701	23,338
Funko Acquisition Holdings, L.L.C. [Member]
Minority Interest [Line Items]
Ownership percentage	50.50%	48.30%
Funko Acquisition Holdings, L.L.C. [Member] | Class A Common Stock [Member]
Minority Interest [Line Items]
Common stock, shares outstanding	24.7	23.3

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Reconciliations of Numerators and Denominators Used to Compute Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Numerator:
Net income attributable to Funko, Inc.		$ 8,086	$ 8,264	$ 11,194	$ (1,901)
Less: net income attributable to non-controlling interests		$ 6,056		$ 7,848
Denominator:
Weighted-average shares of Class A common stock outstanding — basic	[1]	23,765,000		23,484,000
Weighted-average shares of Class A common stock outstanding — diluted	[1]	26,286,000		25,124,000
Earnings per share of Class A common stock — basic	[1]	$ 0.09		$ 0.14
Earnings per share of Class A common stock — diluted	[1]	$ 0.08		$ 0.13
Class A Common Stock [Member]
Numerator:
Net income attributable to Funko, Inc.		$ 8,086		$ 11,194
Less: net income attributable to non-controlling interests		6,056		7,848
Net income attributable to Funko, Inc. — basic		2,030		3,346
Add: Reallocation of net income attributable to non- controlling interests from the assumed exchange of common units of FAH, LLC for Class A common stock		0		0
Net income attributable to Funko, Inc. — diluted		$ 2,030		$ 3,346
Denominator:
Weighted-average shares of Class A common stock outstanding — basic		23,765,291		23,484,041
Add: Effect of dilutive equity-based compensation awards		2,520,242		1,640,327
Weighted-average shares of Class A common stock outstanding — diluted		26,285,533		25,124,368
Earnings per share of Class A common stock — basic		$ 0.09		$ 0.14
Earnings per share of Class A common stock — diluted		$ 0.08		$ 0.13
[1]	Basic and diluted earnings per Class A common stock is applicable only for the period after the Company’s initial public offering. See Note 11, Earnings per Share.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - Class A Common Stock [Member] - shares shares in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Earnings Per Share Basic [Line Items]
Anti-dilutive shares excluded from weighted-average in computation of diluted earnings per share	25.4	26.2
Funko Acquisition Holdings, L.L.C. [Member]
Earnings Per Share Basic [Line Items]
Anti-dilutive shares excluded from weighted-average in computation of diluted earnings per share	25.2	25.4

Subsequent Event - Additional i

Subsequent Event - Additional information (Detail) - USD ($) $ in Thousands	Oct. 22, 2018	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2017	Jan. 17, 2017	Oct. 31, 2015
Subsequent Event [Line Items]
Line of credit facility, outstanding aggregate principal balance and accrued interest		$ 20,050	$ 9,650
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Line of credit				$ 100,000	$ 80,000	$ 3,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Debt instrument, issuance date	Oct. 22, 2018
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount	$ 25,000
Subsequent Event [Member] | New Term Loan Facility [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount	235,000
Line of credit facility, outstanding aggregate principal balance and accrued interest	$ 209,600
Debt instrument, maturity date	Oct. 22, 2023
Long term debt maturity percentage first and second year	5.00%
Long term debt maturity percentage third and fourth year	10.00%
Long term debt maturity percentage fifth year	12.50%
Subsequent Event [Member] | New Term Loan Facility [Member] | Euro Rate [Member]
Subsequent Event [Line Items]
Interest rate margins	3.25%
Interest rate of borrowings	0.00%
Subsequent Event [Member] | New Term Loan Facility [Member] | Base Rate Loans [Member]
Subsequent Event [Line Items]
Interest rate margins	2.25%
Supplementary Leverage Ratio	0.25%
Subsequent Event [Member] | Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Line of credit	$ 50,000
Prepayment of amounts owing under line of credit	$ 65,300