JAKKS Pacific, Inc. (JAKK) financial statements (2022 and earlier)
Company profile
| Business Address |
2951 28TH STREET SANTA MONICA, CA 90405 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3944 - Games, Toys, and Children's Vehicles, Except Dolls and Bicycles (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 88 | 62 | 53 | 65 | 86 | 103 | 72 | ||
| Cash and cash equivalents | 88 | 62 | 53 | 65 | 86 | 103 | 72 | ||
| Short-term investments | 0 | ||||||||
| Restricted cash and investments | 5 | 5 | |||||||
| Receivables | 103 | 118 | 122 | 144 | 175 | 187 | 259 | ||
| Inventory, net of allowances, customer advances and progress billings | 39 | 54 | 54 | 58 | 75 | 61 | 79 | ||
| Inventory | 39 | 54 | 54 | 58 | 75 | 61 | 79 | ||
| Prepaid expense | 2 | ||||||||
| Advance royalties | 14 | ||||||||
| Other current assets | 0 | ||||||||
| Other undisclosed current assets | 27 | 16 | 15 | 17 | 32 | 28 | |||
| Total current assets: | 251 | 260 | 250 | 283 | 353 | 382 | 438 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 24 | 32 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 14 | 15 | 21 | 23 | 23 | 18 | 11 | ||
| Long-term investments and receivables | 7 | 7 | 7 | ||||||
| Long-term investments | 7 | 7 | 7 | ||||||
| Intangible assets, net (including goodwill) | 37 | 39 | 53 | 58 | 79 | 44 | 104 | ||
| Goodwill | 35 | 35 | 35 | 35 | 43 | 44 | 44 | ||
| Intangible assets, net (excluding goodwill) | 2 | 3 | 18 | 22 | 36 | 60 | |||
| Other noncurrent assets | 3 | 19 | 19 | 7 | 2 | 9 | 10 | ||
| Other undisclosed noncurrent assets | 45 | (9) | |||||||
| Total noncurrent assets: | 79 | 105 | 93 | 88 | 111 | 124 | 124 | ||
| TOTAL ASSETS: | 329 | 365 | 343 | 370 | 464 | 506 | 562 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 80 | 103 | 87 | 92 | 90 | 110 | 176 | ||
| Accounts payable | 40 | 61 | 58 | 50 | 52 | 35 | 56 | ||
| Accrued liabilities | 39 | 40 | 30 | 42 | 39 | 54 | 87 | ||
| Employee-related liabilities | 6 | ||||||||
| Taxes payable | 0 | 2 | 21 | 24 | |||||
| Interest and dividends payable | 3 | ||||||||
| Debt | 6 | 11 | 27 | 26 | 10 | ||||
| Restructuring reserve | 2 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 1 | |||||
| Deferred tax liabilities | ✕ | ✕ | 3 | ||||||
| Other undisclosed current liabilities | 52 | 38 | 29 | 17 | 16 | 17 | 12 | ||
| Total current liabilities: | 138 | 153 | 144 | 136 | 117 | 130 | 191 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 167 | 201 | 140 | 133 | 203 | 215 | 430 | ||
| Long-term debt, excluding current maturities | 150 | 175 | 140 | 133 | 203 | 215 | 430 | ||
| Operating lease, liability | 17 | 26 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 9 | 7 | 7 | 7 | 9 | 7 | 10 | ||
| Accounts payable and accrued liabilities | 1 | 2 | 1 | 1 | 2 | 2 | 2 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 1 | 1 | 2 | 6 | |||
| Deferred income tax liabilities | 0 | 0 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 8 | 5 | 4 | 5 | 5 | 5 | 2 | ||
| Other undisclosed noncurrent liabilities | (215) | ||||||||
| Total noncurrent liabilities: | 176 | 208 | 147 | 140 | 212 | 222 | 225 | ||
| Total liabilities: | 315 | 361 | 291 | 276 | 329 | 352 | 417 | ||
| Temporary equity, carrying amount | 2 | 0 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 12 | 3 | 51 | 94 | 134 | 153 | 145 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (24) | (24) | (24) | (28) | (24) | ||||
| Additional paid in capital | 222 | 200 | 218 | 216 | 178 | 195 | 202 | ||
| Accumulated other comprehensive loss | (12) | (14) | (16) | (13) | (17) | (10) | (7) | ||
| Accumulated deficit | (197) | (183) | (128) | (85) | (2) | (3) | (27) | ||
| Stockholders' equity attributable to noncontrolling interest | 1 | 1 | 1 | 1 | 1 | 0 | 0 | ||
| Total stockholders' equity: | 13 | 4 | 52 | 95 | 135 | 153 | 145 | ||
| TOTAL LIABILITIES AND EQUITY: | 329 | 365 | 343 | 370 | 464 | 506 | 562 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 516 | 599 | 568 | 613 | 707 | 331 | 384 | |
| Revenue, net | ✕ | ✕ | 568 | 613 | 707 | 746 | 810 | |
| Cost of revenue (Cost of Goods and Services Sold) | (366) | (439) | (412) | (457) | (484) | (517) | (574) | |
| Other undisclosed gross profit | 414 | 426 | ||||||
| Gross profit: | 150 | 159 | 156 | 156 | 223 | 229 | 236 | |
| Operating expenses | (136) | (177) | (188) | (220) | (206) | (198) | (226) | |
| Other undisclosed operating income (loss) | (0) | 22 | ||||||
| Operating income (loss): | 13 | (18) | (32) | (64) | 17 | 31 | 31 | |
| Nonoperating income (expense) | 0 | (1) | 1 | 0 | 0 | 3 | 0 | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other nonoperating income (expense) | 0 | (1) | 0 | 0 | 0 | 3 | ||
| Interest and debt expense | (22) | (29) | (11) | (11) | (13) | (12) | (12) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (8) | (53) | (42) | (75) | 4 | 21 | 19 | |
| Income from equity method investments | 0 | 0 | 0 | 1 | 0 | 0 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (5) | 3 | (7) | |||||
| Income (loss) from continuing operations before income taxes: | (13) | (53) | (39) | (81) | 5 | 21 | 19 | |
| Income tax expense | (1) | (2) | (3) | (2) | (4) | (3) | (4) | |
| Income (loss) before gain (loss) on sale of properties: | (14) | (55) | (42) | (83) | 1 | 18 | 16 | |
| Other undisclosed net income | 0 | 6 | ||||||
| Net income (loss): | (14) | (55) | (42) | (83) | 1 | 23 | 16 | |
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | 0 | (0) | (0) | 0 | ||
| Other undisclosed net income attributable to parent | 6 | |||||||
| Net income (loss) attributable to parent: | (14) | (56) | (42) | (83) | 1 | 23 | 22 | |
| Preferred stock dividends and other adjustments | (1) | (0) | ||||||
| Net income (loss) available to common stockholders, basic: | (16) | (56) | (42) | (83) | 1 | 23 | 22 | |
| Dilutive securities, effect on basic earnings per share | 7 | |||||||
| Other undisclosed net income available to common stockholders, diluted | 7 | |||||||
| Net income (loss) available to common stockholders, diluted: | (16) | (56) | (42) | (83) | 1 | 31 | 29 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (14) | (55) | (42) | (83) | 1 | 23 | 16 | |
| Other undisclosed comprehensive income (loss) | 2 | 1 | (3) | 4 | (7) | (3) | ||
| Comprehensive income (loss): | (12) | (54) | (45) | (79) | (6) | 20 | 16 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | 0 | (0) | (0) | 0 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 3 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (12) | (54) | (45) | (79) | (6) | 20 | 19 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.