JAKKS PACIFIC INC
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
JAKK$36.39+2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
(In thousands, except per share data)
| Three Months Ended September 30, (Unaudited) | Nine Months Ended September 30, (Unaudited) | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $321,606 | $309,744 | $560,301 | $584,161 |
| Cost of sales: | ||||
| Cost of goods | 158,770 | 149,052 | 289,190 | 293,512 |
| Royalty expense | 50,011 | 51,141 | 86,181 | 95,074 |
| Amortization of tools and molds | 3,994 | 2,566 | 7,462 | 5,955 |
| Cost of sales | 212,775 | 202,759 | 382,833 | 394,541 |
| Gross profit | 108,831 | 106,985 | 177,468 | 189,620 |
| Direct selling expenses | 7,552 | 10,684 | 21,904 | 22,405 |
| General and administrative expenses | 33,101 | 33,821 | 100,887 | 92,492 |
| Depreciation and amortization | 95 | 81 | 275 | 276 |
| Selling, general and administrative expenses | 40,748 | 44,586 | 123,066 | 115,173 |
| Income from operations | 68,083 | 62,399 | 54,402 | 74,447 |
| Loss from joint ventures | — | — | — | (565) |
| Other income (expense), net | 84 | (52) | 294 | 424 |
| Change in fair value of preferred stock derivative liability | — | (793) | — | (6,668) |
| Loss on debt extinguishment | — | — | — | (1,023) |
| Interest income | 69 | 384 | 533 | 587 |
| Interest expense | (539) | (1,436) | (938) | (5,741) |
| Income before provision for income taxes | 67,697 | 60,502 | 54,291 | 61,461 |
| Provision for income taxes | 15,425 | 12,381 | 10,978 | 12,476 |
| Net income | 52,272 | 48,121 | 43,313 | 48,985 |
| Net income (loss) attributable to non-controlling interests | — | (11) | 280 | (289) |
| Net income attributable to Jakks Pacific, Inc. | $52,272 | $48,132 | $43,033 | $49,274 |
| Net income attributable to common stockholders | $52,272 | $47,754 | $44,363 | $48,156 |
| Earnings per share - basic | $4.78 | $4.77 | $4.14 | $4.85 |
| Shares used in earnings per share - basic | 10,942 | 10,021 | 10,704 | 9,922 |
| Earnings per share - diluted | $4.64 | $4.53 | $3.99 | $4.58 |
| Shares used in earnings per share - diluted | 11,275 | 10,542 | 11,106 | 10,503 |
| Comprehensive income | $53,314 | $47,334 | $43,674 | $49,659 |
| Comprehensive income attributable to JAKKS Pacific, Inc. | $53,314 | $47,345 | $43,394 | $49,948 |
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