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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Acquisition of Brands

Since January 1, 2013 the Company has acquired the following brands:

 

Date Acquired

 

Brand

February 2013

 

Lee Cooper

March 2015

 

Strawberry Shortcake

Since January 1, 2013 the Company has acquired ownership interest in various brands through its investments in joint ventures. The chart below illustrates the Company’s ownership interest in these joint ventures as of December 31, 2015:

 

Date Acquired/Invested

 

Brand

 

Investment /

Joint Venture

 

Iconix’s

Investment

 

February 2013

 

Buffalo

 

Alberta ULC

 

 

51

%

November 2014

 

Nick Graham

 

NGX

 

 

51

%

December 2014

 

Hydraulic

 

Hydraulic IP Holdings

 

 

51

%

February 2015

 

PONY

 

US PONY Holdings, LLC

 

 

75

%

 

Joint Ventures to Develop and Market Company's Brands

Further, since January 1, 2013 the Company established the following joint ventures to develop and market the Company’s brands in specific markets:

 

Date Created

 

Investment /

Joint Venture

 

Iconix’s

Investment

 

September 2013

 

Iconix Australia

 

 

50

%

June 2013

 

Iconix Canada

 

 

50

%

October 2013

 

Iconix Southeast Asia

 

 

50

%

December 2013

 

Iconix Israel

 

 

50

%

March 2014

 

LC Partners US

 

 

50

%

December 2014

 

Iconix Middle East

 

 

50

%

 

Changes in Carrying Amount of Goodwill by Segment

Goodwill by segment and in total, and changes in the carrying amounts, as of the dates indicated are as follows:

 

 

 

Women's

 

 

Men's

 

 

Home

 

 

Entertainment

 

 

Corporate

 

 

Consolidated

 

Net goodwill at December 31, 2013

 

$

114,919

 

 

$

53,270

 

 

$

46,171

 

 

$

17,654

 

 

$

 

 

$

232,014

 

Acquisitions

 

 

694

 

 

 

320

 

 

 

104

 

 

 

 

 

 

 

 

 

1,118

 

Foreign Currency Adjustment

 

 

(92

)

 

 

(264

)

 

 

 

 

 

 

 

 

 

 

 

 

(356

)

Net goodwill at December 31, 2014

 

$

115,521

 

 

$

53,326

 

 

$

46,275

 

 

$

17,654

 

 

$

 

 

$

232,776

 

Acquisitions

 

 

6,332

 

 

 

17,324

 

 

 

685

 

 

 

35,375

 

 

 

 

 

 

 

59,716

 

Foreign Currency Adjustment

 

 

(70

)

 

 

(195

)

 

 

 

 

 

 

 

 

 

 

 

(265

)

Impairment

 

 

 

 

 

(35,132

)

 

 

 

 

 

 

 

 

 

 

 

(35,132

)

Net goodwill at December 31, 2015

 

$

121,783

 

 

$

35,323

 

 

$

46,960

 

 

$

53,029

 

 

$

 

 

$

257,095