v3.26.1
Restructuring Charges (Tables)
 6 Months Ended
Jun. 30, 2026
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 EndedFor the Six Months Ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
(In thousands)
Cost of sales (a)$179 $2,070 $840 $3,691 
Other selling and administrative expenses (b)2,029 1,732 17,536 19,492 
$2,208 $3,802 $18,376 $23,183 
(a)Severance and other restructuring charges recorded within cost of sales in the consolidated statements of operations are included in segment income in "Note 22 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 unallocated corporate and other operating expenses in "Note 22 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, 2025 ChargesPayments/UtilizationLiability at
June 30, 2026
(In thousands)
Severance$16,590 $17,400 $(19,418)$14,572 
Other restructuring charges (a)67 976 (948)95 
$16,657 $18,376 $(20,366)$14,667 
Liability at December 31, 2024 ChargesPayments/UtilizationLiability at
June 30, 2025
(In thousands)
Severance$32,661 $17,648 $(11,664)$38,645 
Other restructuring charges (a)10 5,535 (5,534)11 
$32,671 $23,183 $(17,198)$38,656 
(a)Other restructuring charges consist primarily of expenses associated with the consolidation of manufacturing and distribution facilities.