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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2020
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.  In the case of Sports Direct International plc (“Sports Direct”), the Company maintains license agreements with Sports Direct, but in addition, during FY 2018, the Company entered into a cooperation agreement with Sports Direct that allowed Sports Direct to appoint two members to the Company’s Board of Directors.  The cooperation agreement expired pursuant to its terms during the first quarter of 2019. For the Current Quarter and Prior Year Quarter, and Current Nine Months and Prior Year Nine Months, the Company recognized the following royalty revenue amounts:

 

 

 

For the Three Months

Ended September 30,

 

 

For the Nine Months

Ended September 30,

 

 

Joint Venture Partner

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

M.G.S. Sports Trading Limited

 

 

102

 

 

 

111

 

 

 

309

 

 

 

329

 

 

Pac Brands USA, Inc.

 

 

46

 

 

 

131

 

 

 

153

 

 

 

239

 

 

Albion Equity Partners LLC / GL Damek

 

 

565

 

 

 

615

 

 

 

1,711

 

 

 

1,777

 

 

Li Ning

 

 

207

 

 

 

 

 

 

393

 

 

 

 

 

MHMC (1)

 

 

 

 

 

 

 

 

 

 

 

7

 

 

Sports Direct International plc

 

 

211

 

 

 

307

 

 

 

1,105

 

 

 

881

 

 

 

 

$

1,131

 

 

$

1,164

 

 

$

3,671

 

 

$

3,233

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) As detailed in Note 4, as of July 2019, MHMC is no longer a related party.