Restructuring Charges (Tables)

6 Months Ended

Jun. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Severance and Other Restructuring Costs

In connection with the OPG program, Mattel recorded severance and other restructuring costs in the following cost and expense categories within operating income in the consolidated statements of operations:


	For the Three Months Ended		For the Six Months Ended
	June 30, 2024		June 30, 2024
	(In thousands)
Cost of sales (a)	$	412	$	2,625
Other selling and administrative expenses (b)	10,456		17,974
	$	10,868	$	20,599

(a)Severance and other restructuring charges recorded within cost of sales in the consolidated statements of operations are included in segment operating income in "Note 21 to the Consolidated Financial Statements—Segment Information."

(b)Severance and other restructuring charges recorded within other selling and administrative expenses in the consolidated statements of operations are included in corporate and other expense in "Note 21 to the Consolidated Financial Statements—Segment Information."

Schedule of Severance and Other Restructuring Charges Activity

The following tables summarize Mattel's severance and other restructuring charges activity within operating income related to the OPG program:


	Liability at December 31, 2023		Charges		Payments/Utilization		Liability at June 30, 2024
	(In thousands)
Severance	$	25,096	$	19,558	$	(11,943)	$	32,711
Other restructuring charges (a)	—		1,041		(1,041)		—
	$	25,096	$	20,599	$	(12,984)	$	32,711

(a)Other restructuring charges consist primarily of expenses associated with the consolidation of manufacturing facilities.

MATTEL INC /DE/ 10-Q