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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash flows from operating activities:      
Net income from continuing operations $ 30,613 $ 6,890  
Loss from discontinued operations   (7,379)  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 558 434  
Amortization of trademarks and other intangibles 96 219  
Amortization of deferred financing costs and debt discount 877 1,558  
Amortization of convertible note discount 3,298 4,346  
Third party fees associated with the issuance of 5.75% Convertible Notes 4,959    
Stock-based compensation expense 1,019 1,722  
Provision for doubtful accounts 507 2,626  
Earnings on equity investments in joint ventures (96) (933)  
Distributions from equity investments 922 1,182  
Gain on sale of trademarks, net (1,143)    
Mark to market adjustment on convertible note (25,174)    
(Gain) loss on extinguishment of debt (4,473) 5,482  
Deferred income tax provision 157 113  
Foreign currency translation (gain) loss (551) 429  
Changes in operating assets and liabilities, net of business acquisitions:      
Accounts receivable 19,064 2,013  
Other assets – current (928) 2,239  
Other assets (413) 681  
Deferred revenue 3,129 586  
Accounts payable and accrued expenses (11,092) (21,054)  
Other tax liabilities (39) 3,148  
Other liabilities (272) 220  
Net cash provided by continuing operating activities 21,201 11,901  
Net cash used in discontinued operating activities   (1,352)  
Net cash provided by operating activities 21,201 10,549  
Cash flows provided by (used in) investing activities:      
Purchases of property and equipment (282) (179)  
Acquisition of trademarks (201) (11)  
Net cash used in continuing investing activities (2,855) (740)  
Net cash used in discontinued investing activities   (31)  
Net cash used in investing activities (2,855) (771)  
Cash flows provided by (used in) financing activities:      
Prepaid financing costs (5,491)    
Proceeds from long-term debt, net of discount and fees 95,700    
Payment of long-term debt (122,380) (105,921)  
Payment of make-whole premium on repayment of long-term debt   (6,751)  
Proceeds from sale of trademarks and related notes receivable from consolidated JVs 201 2,947  
Distributions to non-controlling interests (6,587) (2,917)  
Tax benefit related to amortization of convertible notes' discount 35 22  
Cost of shares repurchased on vesting of restricted stock (25) (843)  
Net cash used in continuing financing activities (38,547) (113,463)  
Net cash used in financing activities (38,547) (113,463)  
Effect of exchange rate changes on cash and restricted cash 1,244 508  
Net decrease in cash and cash equivalents, and restricted cash (18,957) (103,177)  
Cash, cash equivalents, and restricted cash from continuing operations, beginning of period 114,693 314,383 $ 314,383
Cash and cash equivalents from discontinued operations, beginning of period   12,297 12,297
Cash, cash equivalents, and restricted cash, beginning of period 114,693 326,680 326,680
Cash, cash equivalents, and restricted cash, end of period 95,736 124,778 114,693
Less: Cash and cash equivalents from discontinued operations, end of period   15,403  
Cash, cash equivalents, and restricted cash of continuing operations, end of period 95,736 109,375 $ 114,693
Cash paid during the period:      
Income taxes (net of refunds received) 2,619 5,763  
Interest 10,060 24,389  
Non-cash investing and financing activities:      
Make-whole premium on repayment of long-term debt   15,737  
Shares issued upon conversion of debt 8,746    
Iconix Canada      
Cash flows provided by (used in) investing activities:      
Acquisition of remaining interest in Iconix Canada (2,700)    
Complex Media      
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of Complex Media (958)    
Cash flows provided by (used in) investing activities:      
Proceeds from sale of Complex Media 958    
Iconix MENA      
Cash flows provided by (used in) investing activities:      
Acquisition of additional interest in Iconix MENA   (1,800)  
Iconix Southeast Asia      
Cash flows provided by (used in) investing activities:      
Acquisition of trademarks (2,125)    
Buffalo Brand Joint Venture      
Adjustments to reconcile net income to net cash provided by operating activities:      
Settlement of note receivable related to formation of Buffalo joint venture 1,141    
Cash flows provided by (used in) investing activities:      
Proceeds received from note 1,409    
American Greetings Corporation      
Cash flows provided by (used in) investing activities:      
Proceeds received from note   $ 1,250  
Badgley Mischka and Sharper Image Trademarks in Certain International Joint Ventures      
Cash flows provided by (used in) investing activities:      
Acquisition of Badgley Mischka and Sharper Image trademarks in certain international joint ventures (1,164)    
Badgley Mischka in Certain International Joint Ventures      
Cash flows provided by (used in) investing activities:      
Proceeds from sale of interest in Badgley Mischka in certain international joint ventures $ 1,250