Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Revenues from Segment to Consolidated

The following tables present information regarding net sales, operating income (loss), and assets by segment. The corporate and other expense category includes operating costs not allocated to individual segments, including charges related to incentive and share-based compensation, corporate headquarters functions managed on a worldwide basis, the impact of changes in foreign currency exchange rates on intercompany transactions, and certain severance and other restructuring costs. The prior period presentation of operating income (loss) by segment and assets by segment has been conformed to the current period's presentation.

It is impracticable for Mattel to present net sales by categories, brands, or products, as trade discounts and other allowances are generally recorded in the financial accounting systems by customer.

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
	(In thousands)
Net Sales by Segment
North America	$	1,037,004	$	926,623	$	2,077,493	$	1,647,069
International	673,295		658,396		1,447,547		1,198,817
American Girl	51,994		51,445		137,811		116,784
Net sales	$	1,762,293	$	1,636,464	$	3,662,851	$	2,962,670

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
	(In thousands)
Operating Income by Segment
North America (a)	$	372,015	$	346,709	$	646,466	$	445,395
International (a)	150,598		186,440		237,616		154,996
American Girl	(6,535)		(9,285)		(25,825)		(40,272)
	516,078		523,864		858,257		560,119
Corporate and other expense (b)	(127,004)		(144,363)		(386,171)		(373,468)
Operating Income	389,074		379,501		472,086		186,651
Interest expense	52,062		50,415		220,689		149,010
Interest (income)	(753)		(455)		(2,156)		(3,564)
Other non-operating expense, net	3,901		1,327		3,347		7,012
Income Before Income Taxes	$	333,864	$	328,214	$	250,206	$	34,193

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(a)Segment operating income included severance and restructuring expenses of $0.1 million and $1.9 million, for the three and nine months ended September 30, 2021, respectively, and $0.3 million and $4.8 million, for the three and nine months ended September 30, 2020, respectively, which were allocated to the North America and International segments.

(b)Corporate and other expense included severance and restructuring charges of $9.2 million and $25.7 million, for the three and nine months ended September 30, 2021, respectively, and $6.7 million and $30.5 million, for the three and nine months ended September 30, 2020, respectively. Corporate and other expense also included expenses related to inclined sleeper product recall litigation of $2.8 million and $14.9 million for the three and nine months ended September 30, 2021, respectively, and $10.1 million and $19.2 million, for the three and nine months ended September 30, 2020, respectively, and incentive and share-based compensation for all periods presented.

Schedule of Segment Assets

Segment assets are comprised of accounts receivable and inventories, net of applicable allowances and reserves.

	September 30, 2021		September 30, 2020		December 31, 2020
	(In thousands)
Assets by Segment
North America	$	1,073,657	$	964,198	$	658,404
International	925,626		821,553		715,043
American Girl	70,356		67,214		40,414
	2,069,639		1,852,965		1,413,861
Corporate and other	222,742		152,645		148,579
Accounts receivable and inventories, net	$	2,292,381	$	2,005,610	$	1,562,440

Schedule of Revenues by Geographic Area

The table below presents information by geographic area. Net sales are attributed to countries based on location of the customer.

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
	(In thousands)
Net Sales by Geographic Area
North America	$	1,088,998	$	978,068	$	2,215,304	$	1,763,853
International
EMEA	420,833		410,210		905,818		735,481
Latin America	180,798		158,982		329,553		267,976
Asia Pacific	71,664		89,204		212,176		195,360
Total International	673,295		658,396		1,447,547		1,198,817
Net sales	$	1,762,293	$	1,636,464	$	3,662,851	$	2,962,670