XML 92 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 40,389 $ 55,465
Restricted cash 9,052 15,946
Accounts receivable, net 29,936 31,368
Contract asset 9,345 9,448
Other assets – current 20,938 21,440
Total Current Assets 109,660 133,667
Property and equipment:    
Furniture, fixtures and equipment 20,098 20,087
Less: Accumulated depreciation (17,733) (17,545)
Property, Plant and Equipment, Net, Total 2,365 2,542
Other Assets:    
Other assets 6,630 6,780
Contract asset 12,772 11,807
Right-of-use asset 5,816 6,254
Trademarks and other intangibles, net 258,608 274,084
Investments and joint ventures 43,301 44,827
Goodwill 26,099 26,099
Other Assets, Total 353,226 369,851
Total Assets 465,251 506,060
Current Liabilities:    
Accounts payable and accrued expenses 41,556 51,503
Deferred revenue 5,662 4,701
Current portion of long-term debt 32,255 61,976
Other liabilities – current 14,040 13,775
Total Current Liabilities 93,513 131,955
Deferred income tax liability 4,556 4,464
Long-term debt, less current maturities (includes $46,485 and $47,277, respectively, at fair value) 602,732 583,745
Other liabilities 11,455 7,794
Total Liabilities 712,256 727,958
Redeemable Non-Controlling Interest 31,343 34,461
Commitments and contingencies
Stockholders’ Deficit:    
Common stock, $.001 par value shares authorized 260,000; shares issued 15,334 and 15,138, respectively 15 15
Additional paid-in capital 1,045,085 1,045,307
Accumulated losses (450,600) (429,117)
Accumulated other comprehensive loss (57,012) (54,643)
Less: Treasury stock – 3,490 and 3,421 shares at cost, respectively (844,507) (844,442)
Total Iconix Brand Group, Inc. Stockholders’ Deficit (307,019) (282,880)
Non-Controlling Interest 28,671 26,521
Total Stockholders’ Deficit (278,348) (256,359)
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Deficit $ 465,251 $ 506,060