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Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2017
Related Party Transactions [Abstract]  
Summary of Royalty Revenue Recognized

The Company has entered into certain license agreements in which the core licensee is also one of our joint venture partners.  For the Current Quarter, Current Six Months, Prior Year Quarter and Prior Year Six Months, the Company recognized the following royalty revenue amounts:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Joint Venture Partner

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global Brands Group Asia Limited (1)

 

$

4,458

 

 

$

904

 

 

$

7,696

 

 

$

1,718

 

Buffalo International ULC

 

 

 

 

 

3,820

 

 

 

690

 

 

 

7,258

 

Rise Partners, LLC / Top On International

   Group Limited

 

 

360

 

 

 

4

 

 

 

695

 

 

 

500

 

M.G.S. Sports Trading Limited

 

 

125

 

 

 

156

 

 

 

217

 

 

 

297

 

Pac Brands USA, Inc.

 

 

90

 

 

 

83

 

 

 

123

 

 

 

223

 

NGO, LLC

 

 

 

 

 

294

 

 

 

 

 

 

594

 

Albion Equity Partners LLC / GL Damek

 

 

452

 

 

 

433

 

 

 

918

 

 

 

846

 

MHMC(2)

 

 

450

 

 

 

311

 

 

 

900

 

 

 

603

 

 

 

$

5,935

 

 

$

6,005

 

 

$

11,239

 

 

$

12,039

 

 

(1)

Global Brands Group Asia Limited also served as agent to Peanuts Worldwide in respect of the Greater China Territory for Peanuts brands.  For the Current Quarter and Prior Year Quarter, Global Brands Group Asia Limited earned fees of approximately $0.7 million and $0.7 million, respectively, in its capacity as agent to Peanuts Worldwide, which have been recorded within discontinued operations in the Company’s condensed consolidated income statement.  For the Current Six Months and Prior Year Six Months, Global Brands Group Asia Limited earned fees of approximately $1.6 million and $1.5 million, respectively, in its capacity as agent to Peanuts Worldwide, which have been recorded within discontinued operations in the Company’s condensed consolidated income statement.  As of June 30, 2017, due to the completion of the sale of the Entertainment segment, Global Brands Group Asia Limited is no longer a related party in its capacity as agent of Peanuts Worldwide.  

(2)

MHMC became a related party to the Company in July 2016 upon consummation of an agreement between a Company subsidiary and MHMC to sell to MHMC up to an aggregate 50% ownership interest in Umbro China.  Refer to Note 4 for further details.