v3.25.1
Pay vs Performance Disclosure
number in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table Total for PEO (Mariotti) ($)(4)
Compensation Actually Paid to PEO (Mariotti) ($)(1)(4)
Summary Compensation Table Total for PEO (Perlmutter) ($)(5)
Compensation Actually Paid to PEO (Perlmutter) ($)(1)(5)
Summary Compensation Table Total for PEO (Lunsford) ($)(6)
Compensation Actually Paid to PEO (Lunsford) ($)(1)(6)
Summary Compensation Table Total for PEO (Williams) ($)(7)
Compensation Actually Paid to PEO (Williams) ($)(1)(7)
Average Summary Compensation Table Total for Non-PEO NEOs ($)
Average Compensation Actually Paid to Non-PEO NEOs ($) (1)
Value of Initial Fixed $100 Investment Based on:Net Income ($) (in thousands)
Net Sales(3) ($) (in thousands)
Total Shareholder Return ($)
Peer Group Total Shareholder Return ($) (2)
2024— — — — 827,698 1,637,588 6,590,561 10,157,314 1,703,370 2,167,141 78.03 153.74 (15,070)1,049,850 
20232,247,043 (823,086)— — 1,335,897 1,257,263 — — 1,665,765 1,185,547 45.05 142.24 (164,438)1,096,086 
20223,130,262 (3,979,745)4,214,325 (298,106)— — — — 2,562,172 1,448,176 63.58 113.10 (5,240)1,322,706 
20215,439,651 13,984,354 — — — — — — 2,362,586 5,430,853 109.56 163.03 67,854 1,029,293 
20202,627,245 (2,902,267)— — — — — — 1,357,551 (625,704)60.49 126.95 9,763 652,537 
        
Company Selected Measure Name Net Sales        
Named Executive Officers, Footnote Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
YearPEO Non-PEO NEOs
2024
Michael Lunsford and Cynthia Williams
Yves Le Pendeven, Andrew Oddie, Tracy Daw, Steve Nave and Andrew Perlmutter
2023
Brian Mariotti and Michael Lunsford
Steve Nave, Andrew Perlmutter, Andrew Oddie, Tracy Daw, and Scott Yessner
2022
Brian Mariotti and Andrew Perlmutter
Scott Yessner, Andrew Oddie, Tracy Daw, and Jennifer Fall Jung
2021Brian MariottiAndrew Perlmutter and Jennifer Fall Jung
2020Brian MariottiAndrew Perlmutter and Jennifer Fall Jung
Effective March 15, 2024, Mr. Nave ceased serving as our Chief Financial Officer and Chief Operating Officer, and Mr. Le Pendeven commenced serving as our Acting Chief Financial Officer. Mr. Le Pendeven was subsequently appointed Chief Financial Officer effective August 8, 2024. Effective May 20, 2025, Ms. Williams succeeded Mr. Lunsford (who had been serving as the Company's Interim Chief Executive Officer) as Chief Executive Officer.
        
Peer Group Issuers, Footnote For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Russell 2000 Consumer Discretionary Index (the “Peer Group”).I        
Adjustment To PEO Compensation, Footnote
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
2024
AdjustmentsPEO (Lunsford)PEO (Williams)Average Non-PEO NEOs
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY(146,370)(5,550,513)(594,341)
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End— 9,117,266 1,089,570 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date207,740 — 11,160 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End— — 381,928 
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date 880,672 — (234,019)
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End(132,152)— 190,527 
TOTAL ADJUSTMENTS809,890 3,566,753 844,825 
The fair values of RSUs, PSUs, and stock options included in the compensation actually paid to our PEOs and the average compensation actually paid to our NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report on Form 10-K for the year ended December 31, 2024. Any changes to the RSU and PSU fair values from the grant date (for current year grants) and from prior year-end (for prior year RSU grants) are based on our updated stock price at the respective measurement dates as well as updated performance metric projections (for PSUs). Changes to the stock option fair values are based on the updated stock price at the respective measurement dates, in addition to updated expected option term, peer volatility, and risk-free rate assumptions. For all years presented, the meaningful increases or decreases in the year-end stock option fair value from the fair value on the grant date were primarily driven by changes in the stock price. 		       
Non-PEO NEO Average Total Compensation Amount $ 1,703,370 $ 1,665,765 $ 2,562,172 $ 2,362,586 $ 1,357,551
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,167,141 1,185,547 1,448,176 5,430,853 (625,704)
Adjustment to Non-PEO NEO Compensation Footnote
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
2024
AdjustmentsPEO (Lunsford)PEO (Williams)Average Non-PEO NEOs
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY(146,370)(5,550,513)(594,341)
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End— 9,117,266 1,089,570 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date207,740 — 11,160 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End— — 381,928 
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date 880,672 — (234,019)
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End(132,152)— 190,527 
TOTAL ADJUSTMENTS809,890 3,566,753 844,825 
The fair values of RSUs, PSUs, and stock options included in the compensation actually paid to our PEOs and the average compensation actually paid to our NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report on Form 10-K for the year ended December 31, 2024. Any changes to the RSU and PSU fair values from the grant date (for current year grants) and from prior year-end (for prior year RSU grants) are based on our updated stock price at the respective measurement dates as well as updated performance metric projections (for PSUs). Changes to the stock option fair values are based on the updated stock price at the respective measurement dates, in addition to updated expected option term, peer volatility, and risk-free rate assumptions. For all years presented, the meaningful increases or decreases in the year-end stock option fair value from the fair value on the grant date were primarily driven by changes in the stock price. 		       
Compensation Actually Paid vs. Total Shareholder Return
Comp Paid vs Companyn and Peer TSR.jpg
        
Compensation Actually Paid vs. Net Income
Comp Paid vs Company Net Income.jpg
        
Compensation Actually Paid vs. Company Selected Measure
Comp Paid vs Company Net Sales.jpg
        
Total Shareholder Return Vs Peer Group
Comp Paid vs Companyn and Peer TSR.jpg
        
Total Shareholder Return Amount $ 78.03 45.05 63.58 109.56 60.49
Peer Group Total Shareholder Return Amount 153.74 142.24 113.10 163.03 126.95
Net Income (Loss) $ (15,070,000) $ (164,438,000) $ (5,240,000) $ 67,854,000 $ 9,763,000
Company Selected Measure Amount 1,049,850 1,096,086 1,322,706 1,029,293 652,537
Additional 402(v) Disclosure Net Sales is a GAAP measure. The Company selected Net Sales as the Company-Selected Measure due to it being an important financial performance measure that helps link compensation actually paid to the Company’s NEOs to the Company’s performance for the most recently completed fiscal year. Specifically, Net Sales is used to evaluate performance under the Executive Incentive Plan, a short-term cash incentive plan under which participating executives are eligible to earn cash bonuses based on the Company’s achievement of Net Sales as well as several other Company performance goals. Net Sales is also used as a performance metric in our long-term equity incentive program for our PSUs, which are eligible to be earned over a three-year performance period based on achievement of Net Sales and Adjusted EBITDA Margin targets.Represent summary compensation and compensation actually paid to Mr. Mariotti, who reassumed the role of Chief Executive Officer effective December 5, 2022 until June 13, 2023.
(5)Represents summary compensation and compensation actually paid to Mr. Perlmutter, who served as Chief Executive Officer from January 3, 2022 until December 5, 2022.
(6)Represents summary compensation and compensation actually paid to Mr. Lunsford, who served as Interim Chief Executive Officer from June 13, 2023 until May 20, 2024.
(7)Represents summary compensation and compensation actually paid to Ms. Williams, who assumed the role of Chief Executive Officer effective May 20, 2024.
        
Measure:: 1          
Pay vs Performance Disclosure          
Name •Net Sales        
Measure:: 2          
Pay vs Performance Disclosure          
Name •Adjusted EBITDA        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted EBITDA Margin; and •Stock price        
Michael Lunsford [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 827,698 $ 1,335,897      
PEO Actually Paid Compensation Amount $ 1,637,588 $ 1,257,263      
PEO Name Mr. Lunsford Mr. Lunsford      
Cynthia Williams [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 6,590,561        
PEO Actually Paid Compensation Amount $ 10,157,314        
PEO Name Ms. Williams Brian Mariotti Brian Mariotti Brian Mariotti Brian Mariotti
Brian Mariotti [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount   $ 2,247,043 $ 3,130,262 $ 5,439,651 $ 2,627,245
PEO Actually Paid Compensation Amount   (823,086) (3,979,745) $ 13,984,354 $ (2,902,267)
Andrew Perlmutter [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     4,214,325    
PEO Actually Paid Compensation Amount     $ (298,106)    
PEO | Michael Lunsford [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 809,890        
PEO | Michael Lunsford [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (146,370)        
PEO | Michael Lunsford [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Michael Lunsford [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Michael Lunsford [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 207,740        
PEO | Michael Lunsford [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 880,672        
PEO | Michael Lunsford [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (132,152)        
PEO | Cynthia Williams [Member] | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   3,566,753      
PEO | Cynthia Williams [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   (5,550,513)      
PEO | Cynthia Williams [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   9,117,266      
PEO | Cynthia Williams [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0      
PEO | Cynthia Williams [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0      
PEO | Cynthia Williams [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   0      
PEO | Cynthia Williams [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount   $ 0      
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 844,825        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (594,341)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,089,570        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 381,928        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 11,160        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (234,019)        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 190,527