Some have creasing on the cards, scuffing on the clear windows, or just minor blemishes to the packaging. Free shipping. As a result, the Company's fourth quarter and full year 2019 results reflect lease accounting under IFRS 16. Ronnen Harary , Co-Chief Executive Officer, Ben Gadbois , Global President & Chief Operating Officer and Mark Segal , chief Financial Officer, will host a conference call for the investment community on Thursday, March 5, 2020 at 9:30 a.m. (ET) . Spin Master continues to focus on driving long-term growth. The increase was primarily driven by increases in Bakugan and Monster Jam as well as initial shipments of DC licensed products, partially offset by decreases in Boxer and Fugglers. Following the call, both an audio recording and transcript of the call will be archived on the same website page. In 2020 we have a renewed focus on operational excellence and will address these challenges in order to build a high margin, sustainable platform for long term global growth, underpinned by our strong balance sheet. Rewards from Viking Quest: Who doesn’t want gold cards when playing Coin Master? Gross Product Sales represent sales of the Company's products to customers, excluding the impact of Sales Allowances. ", Q4 2019 Financial Highlights as compared to the same period in 20181,2, Q4 2019 Gross Product Sales1 by Business Segment (US$ millions). Spin Master adopted International Financial Reporting Standard 16 Leases ("IFRS 16"), effective January 1, 2019. Management uses Adjusted Net Income to measure the underlying financial performance of the business on a consistent basis over time. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. As we consider our prospects for 2020 and beyond, the strength, diversity and depth of our portfolio give us confidence that we will deliver long-term growth. Year ended December 31, 2019 Financial Highlights as compared to the same period in 2018, Year ended December 31, 2019 Gross Product Sales1 by Business Segment (US$ millions), Year Ended December 31, 2019  Business Segment Gross Product Sales1as compared to the same period in 2018. "Our overall performance in the fourth quarter and for 2019 was disappointing. 11) Tax effect of adjustments (Footnotes 2-9). In addition to any factors and assumptions set forth above in this Press Release, the material factors and assumptions used to develop the forward-looking information include, but are not limited to: the ability of factories to manufacture products, including labour size and allocation, tooling, raw material and component availability, ability to shift between product mix, and customer acceptance of delayed delivery dates; that the program designed to gain operational efficiencies will achieve the desired results; the expanded use of advanced technology, robotics and innovation the Company applies to its products will have a level of success consistent with its past experiences; the Company will continue to successfully secure broader licenses from third parties for major entertainment properties consistent with past practices; the expansion of sales and marketing offices in new markets will increase the sales of products in that territory; the Company will be able to successfully identify and integrate strategic acquisition opportunities; the Company will be able to maintain its distribution capabilities; the Company will be able to leverage its global platform to grow sales from acquired brands; the Company will be able to recognize and capitalize on opportunities earlier than its competitors;  the Company will be able to continue to build and maintain strong, collaborative relationships; the Company will maintain its status as a preferred collaborator; the culture and business structure of the Company will support its growth; the current business strategies of the Company will continue to be desirable on an international platform; the Company will be able  to expand its portfolio of owned branded intellectual property and successfully license it to third parties; use of advanced technology and robotics in the Company's products will expand; access of entertainment content on mobile platforms will expand; fragmentation of the market will continue to create acquisition opportunities; the Company will be able to maintain its relationships with its employees, suppliers and retailers; the Company will continue to attract qualified personnel to support its development requirements; and the Company's key personnel will continue to be involved in the Company products and entertainment properties will be launched as scheduled and that the risk factors noted in this Press Release, collectively, do not have a material impact on the Company. A person is silhouetted at the Spin Master toy and entertainment company in Toronto on Tuesday, January 29, 2019. The current period and prior period results for entities reporting in currencies other than the US dollar are translated using consistent exchange rates, rather than using the actual exchange rate in effect during the respective periods. Gross Product Sales1 in Remote Control and Interactive Characters decreased by US$1.4 million or 1.3% to US$106.5 million, primarily due to lower sales of Hatchimals, Zoomer, Luvabella and Air Hogs, partially offset by sales of Owleez, Monster Jam RC, Juno and PAW Patrol RC. The increase was driven primarily by increases in Kinetic Sand, Cool Maker, Gund and the Games & Puzzles portfolio, partially offset by lower sales of Bunchems. Adjustments are tax effected at the effective tax rate of the given year-to-date period. Management uses Adjusted EBITDA Margin to evaluate the Company's performance compared to internal targets and to benchmark its performance against key competitors. Spin Master says Harary will also continue to guide the growth of the company's digital games creative centre and Rabie will continue to provide input on the company's culture globally. See section "Changes in Accounting Policies" of the Company's MD&A for the three month period and year ended December 31, 2019 for more information on the implementation of IFRS 16. "We are committed to re-energizing our top line as well as developing a broad program that builds operating efficiencies into our business," said Harary. Popular . "We have a clear strategic vision, a strong financial plan, a leadership team focused on execution and the entrepreneurial spirit and passion required for long-term success. SCOOBY-DOO and all related characters and elements are trademarks of and © Hanna-Barbera; TM & © Warner Bros. Entertainment Inc. (s17); ©2019 Spin Master Ltd. 9) Amortization of fair market value adjustments to inventory relating to the acquisition of Gund in the second quarter of 2018. 1See "Non-IFRS financial measures" below. Adjustments are tax effected at the effective tax rate of the given period. Spin Master Monster Jam 2019-2020, 1:64 Die Cast Truck Assortment. On a full year comparative basis, the Company expects to deliver Adjusted EBITDA Margin1 in line with 2019. Gross Product Sales1 in Activities, Games & Puzzles and Plush increased by US$2.2 million or 0.5% to US$457.7 million, driven by increases in Gund, Kinetic Sand and Cool Maker, offset in part by declines in Bunchems, Kinetic Rock and the Games & Puzzles portfolio. 2) Restructuring expense primarily relates to personnel related costs. Gross Product Sales1 in Activities, Games & Puzzles and Plush increased by US$16.9 million or 11.6% to US$162.1 million. Gross Product Sales1 in Outdoor decreased by US$9.9 million or 10.2% to US$86.6 million. C $13.98. C $15.62. It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges. New Spin Master Monster Jam Zombie Invasion Pirate’s Curse Truck Walmart 1:64. Spin Master is best known for award-winning brands including Zoomer®, Bakugan®, Erector® by Meccano®, Hatchimals®, Air Hogs® and PAW Patrol®. Spin Master employs over 1,800 people in countries around the world including Canada, United States, Mexico, France, Italy, United Kingdom, Russia, Slovakia, Poland, Germany, Sweden, the Netherlands, China, Hong Kong, Japan, Vietnam, India and Australia. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Gross Product Sales1 in Pre‑School and Girls decreased by US$1.3 million or 0.2% to US$516.2 million, driven by declines in Party Popteenies and Rusty Rivets, partially offset by sales of Candylocks, Awesome Bloss'ems, Pre Cool and Universe and increases in Twisty Petz. TORONTO — Canadian toymaker Spin Master Corp. has solved the Rubik's … Spin Master (TSX:TOY; www.spinmaster.com) is a leading global children's entertainment company that creates, designs, manufactures, licenses and markets a diversified portfolio of innovative toys, games, products and entertainment properties. Almost gone. Hot Wheels Monster Jam (2009) King Krunch World Finals Flag Series Toy Truck #20. As a result, the Company's fourth quarter and full year 2019 results reflect lease accounting under IFRS 16. He joins Spin Master from SC Johnson & Sons. The impact of IFRS 16 on Adjusted EBITDA would be an increase of $2.4 million for 2018. See "Non-IFRS Financial Measures". Gross Product Sales1 in Remote Control and Interactive Characters decreased by US$206.1 million or 40.8% to US$299.3 million, primarily due to declines in Hatchimals, as well as Zoomer, Luvabella and Air Hogs, partially offset by sales of Owleez, Juno, PAW Patrol RC and increases in Monster Jam RC. 10) The comparative information presented for 2018 has not been restated for the adoption of IFRS 16. Despite the solid performance of several of our brands and franchises, we were unable to fully offset the year over year decline in Hatchimals sales. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by Revenue. A Cision company. We do not know what the rest of the year will bring but we have initiated a broad range of actions to attempt to mitigate disruptions.". Normalization adjustments include restructuring costs, foreign exchange gains or losses, equity-settled share based compensation expenses and bad debt expense. Adjusted EBITDA is used by management as a measure of the Company's profitability. The Company believes that lenders, securities analysts, investors and other interested parties frequently use these non-IFRS financial measures in the evaluation of issuers. TORONTO, March 4, 2020 /CNW/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY; http://www.spinmaster.com/), a leading global children's entertainment company, today announced its financial results for the fourth quarter and year ended December 31, 2019. A live webcast of the call will be accessible via Spin Master's website at: http://www.spinmaster.com/events.php. Gross Product Sales up 18% in Q4; down 1% for full year 2019. GRAVE DIGGER (Orange) 2019 Spin Master Monster Jam World Finals FREE SHIPPING. Spin Master (TSX: TOY; www.spinmaster.com) is a leading global children's entertainment company that creates, designs, manufactures, licenses and markets a diversified portfolio of innovative toys, games, products and entertainment properties. Spin Master Monster Jam World Finals XX 2019 Exclusive Orlando 1/5000 1:64 Truck. The fresh fleet of trucks and sets is the start of a 10-year deal with FELD. Gross Product Sales1 in Boys Action and Construction increased by US$198.3 million or 149.0% to US$331.4 million, primarily due to increases in Bakugan, Monster Jam and DreamWorks Dragons and initial shipments of DC licensed products, partially offset by decreases in Flush Force, Boxer, Fugglers and Star Wars licensed merchandise. On a pro forma basis, the impact of IFRS 16 on Adjusted EBITDA would be an increase of $11.3 million for 2018. For a reconciliation of Gross Product Sales to Revenue, please see the table "Q4 2019 Gross Product Sales by Business Segment" and "Year ended December 31, 2019 Gros product Sales by Business Segment" in this Press Release. Good hours and nice benefits, pay kind of sucks. COVID-19 is expected to affect second quarter shipments in particular. Forward-looking statements are necessarily based upon management's perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management as of the date on which the statements are made in this Press Release, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in the forward-looking statements ultimately being incorrect. Q4 2019 Business Segment Gross Product Sales1 as compared to the same period in 20181Gross Product Sales1 were US$550.7, an increase of US$85.2 million or 18.3%, with an unfavourable foreign exchange impact of US$2.6 million or 0.6%. (All amounts in US$ millions, except percentages), Reconciliation of Non-IFRS Financial Measures, Acquisition related incentive compensation (5), Cash provided by operations before net working capital changes, Cash used for license, brand and business acquisitions. Toy company Spin Master Corp. says co-founders Ronnen Harary and Anton Rabie will step down from their co-chief executives role next year. 2 Spin Master adopted International Financial Reporting Standard 16 Leases ("IFRS 16"), effective January 1, 2019. Free Cash Flow is calculated as cash flows provided by/used in operating activities before changes in net working capital and after cash flows used in investing activities before cash used in license, brand and business acquisitions. Spin Master Corp. () Q4 2019 Results Conference Call March 5, 2020 9:30 AM ET Company Participants. Sales Allowances represent marketing and sales credits requested by customers relating to factors such as cooperative advertising, contractual discounts, negotiated discounts, customer audits, volume rebates, defective products and costs incurred by customers to sell the Company's products and are recorded as a reduction to Gross Product Sales. TORONTO, July 31, 2019 /PRNewswire/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY; www.spinmaster.com), a leading global children's entertainment company, today announced its financial results for the second quarter ended June 30, 2019. Go ahead and find out some exciting events so you can win big rewards! In 2019, Spin Master takes this trend further revealing more hidden surprises beyond the initial unboxing. Furthermore, we did not execute at the level needed to meet our profitability targets," said Ronnen Harary, Spin Master's Chair and Co-CEO. Gross Product Sales1 in Boys Action and Construction increased by US$56.9 million or 98.3% to US$114.8 million. Spin master is a "fun" company that can become pretty draining to work at. Some departments are very demanding and being people down pretty hard. Since 2000, Spin Master has received 103 TIA Toy of The Year (TOTY) nominations with 30 wins across a variety of product categories, including 13 TOTY nominations for Innovative Toy of the Year. SPIN MASTER MONSTER JAM CREATURES 1:64 TRUCK GRAVE DIGGER & GRIM 2020 NEW . Spin Master has even begun swallowing parts of other companies. The decrease was primarily driven by the decline in Remote Control and Interactive Characters of US$206.1 million, partially offset by an increase in Boys Action Boys Action and Construction of US$198.3 million. Excluding the impact of foreign exchange, Spin Master said it expects gross product sales for 2019 to be approximately flat relative to 2018. "Last year we encountered several operational challenges, as we continued to navigate an evolving retail landscape. The Company implemented the standard using … Management believes that these measures allow for assessment of the Company's operating performance and financial condition on a basis that is more consistent and comparable between reporting periods. You choose the one(s) you want by using the pull down menu. Gross Product Sales1 were US$1,691.2 million in 2019, a decrease of US$16.8 million, or 1.0%, with an unfavourable foreign exchange impact of US$16.7 million or 1.0%. Free shipping . In the second quarter of 2019 and fourth quarter of 2018, restructuring expenses also included costs related to facility closures. Mark Segal - CFO. Most have some form of shelf wear on the packaging. Non-IFRS financial measures do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other issuers. C $30.35 . The words "plans", "expects", "projected", "estimated", "forecasts", "anticipates", "indicative", "intend", "guidance", "outlook", "potential", "prospects", "seek", "strategy", "targets" or "believes", or variations of such words and phrases or statements that certain future conditions, actions, events or results "will", "may", "could", "would", "should", "might" or "can", or negative versions thereof, "be taken", "occur", "continue" or "be achieved", and other similar expressions, identify statements containing forward-looking information. 2 Spin Master adopted International Financial Reporting Standard 16 Leases ("IFRS 16"), effective January 1, 2019. The increase in SG&A was driven by higher distribution costs primarily due to the start-up and performance issues associated with the establishment of a new third party East Coast distribution centre in the U.S and the consolidation of the Gund, Swimways and Cardinal warehouses into this new facility. Spin Master will report its fourth quarter and full year 2019 financial results after markets close on Wednesday, March 4, 2020. The Company implemented the standard using the modified retrospective approach. Regarding COVID-19, we are monitoring the situation very closely and are assessing the impact to our supply chain as information becomes available. Statements of forward-looking information in this Press Release include, without limitation, statements with respect to: the Company's outlook for 2020; future growth expectations; financial position, cash flows and financial performance; drivers for such growth; impact of acquisitions on future financial performance; the successful execution of its strategies for growth; the resolution of logistics problems; the program to achieve operational efficiencies; other economic and public health conditions or regulatory changes in the markets in which we and our customers, suppliers and manufacturers operate, such as higher commodity prices, labor costs or transportation costs, or outbreaks of disease, such as COVID-19, the occurrence of which could create work slowdowns, delays or shortages in production or shipment of products, increases in costs or delays in revenue; and the seasonality of financial results and performance. THE CANADIAN PRESS/Nathan Denette . Free shipping for many products! As Sales Allowances are generally not associated with individual products, the Company uses changes in Gross Product Sales to provide meaningful comparisons across product category and geographical segment results to highlight trends in Spin Master's business. As a percentage of revenue, SG&A was 48.9% compared to 46.1%. 7) Bad debt recovery related to the bankruptcy declaration and liquidation proceedings of TRU during the fourth quarter of 2019 and the fourth quarter of 2018. Co-workers are mostly decent but treatment of employees is unequal. Prior year results have not been restated. Adjusted Net Income is calculated as net income (loss) excluding normalization adjustments, as defined above, and the corresponding impact these items have on income tax expense. Canadian company that owns classic toys Etch A Sketch and Aerobie buys Rubik's Cube for $50M, CBC's Journalistic Standards and Practices. C $37.95. Spin Master began 2019 firing on all cylinders with its newly revved Monster Jam line. THE CANADIAN PRESS/Nathan Denette … "Our product pipeline management process remains strong" said Mark Segal, Spin Master's Executive Vice President and CFO. Find many great new & used options and get the best deals for SPIN MASTER 2019 NORTHERN NIGHTMARE/SASQUATCH DOUBLE DOWN SHOWDOWN! Audience Relations, CBC P.O. 4) Related to expenses associated with subordinate voting shares granted to equity participants at the time of the IPO and share option expense. See section "Changes in Accounting Policies" … Such risks and uncertainties include, without limitation, the factors discussed in the Company's disclosure materials, including the Annual MD&A and the Company's most recent Annual Information Form, filed with the securities regulatory authorities in Canada and available under the Company's profile on SEDAR (www.sedar.com). C $35.56. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Selling, general and administrative expenses ("SG&A") increased 21.3%. Gross Product Sales1 in Outdoor decreased by US$0.5 million or 3.2% to US$14.9 million. The Company implemented the standard using the modified retrospective approach. The company says Max Rangel has been appointed global president effective in January and will add the chief executive title in April. In addition to using financial measures prescribed under IFRS, references are made in this Press Release to "EBITDA", "Adjusted EBITDA", "Adjusted EBITDA Margin", "Adjusted Net (Loss) Income", "Free Cash Flow", "Gross Product Sales", "Constant Currency", "Sales Allowances" and "Total Net Sales" which are non-IFRS financial measures. 2 Spin Master adopted International Financial Reporting Standard 16 Leases ("IFRS 16"), effective January 1, 2019. The increase was primarily driven by Boys Action and Construction of US$56.9 million, Activities, Games & Puzzles and Plush of US$16.9 million and Pre-School and Girls business segment of US$13.3 million. C $14.49. Trucks are new, factory sealed. Its principle strategies include: The Company expects 2020 Gross Product Sales1 to decline in the mid-single digit range relative to 2019, excluding any supply chain and other disruptions resulting from COVID-19. As of August 1, 2018, share based compensation includes expenses related to the Company's Long Term Incentive Plan. It is anticipated that the evolving conditions will have an impact on our global operations, as our manufacturing base in China, which produces approximately 60% of our goods, is not yet able to produce at full capacity. C $18.38. This means it can be a coin master 400 spin link, coin master 200 spin link and many more. Acquisition related incentive compensation (6), Amortization of fair market value adjustments (9). Known and unknown risk factors, many of which are beyond the control of the Company, could cause actual results to differ materially from the forward-looking information in this Press Release. 2019-2020 Monster Jam Spin Master 1:64 Die Cast Monster Truck Assortment . Management believes the non-IFRS measures defined above are important supplemental measures of operating performance and highlight trends in the core business that may not otherwise be apparent when relying solely on IFRS financial measures. In 2018, Spin Master managed an impressive coup: the company reached an agreement with Warner Bros. to produce a number of toys based on DC Comics characters, licences that were previously held by Mattel. Spin Master will report its fourth quarter and full year 2019 financial results after markets close on Wednesday, March 4, 2020. About Spin Master Spin Master (TSX: TOY; www.spinmaster.com) is a leading global children's entertainment company that creates, designs, manufactures, licenses and markets a diversified portfolio of innovative toys, games, products and entertainment properties. Canadian toymaker Spin Master Corp. has solved the Rubik's Cube, completing a US$50-million acquisition of the legendary multi-coloured cube today. Contributing to the increase were higher inventory storage and transportation expenses due to higher domestic inventory levels in anticipation of U.S. tariffs on. The difference between the current period and prior period results using the consistent exchange rates reflects the changes in the underlying performance results, excluding the impact from fluctuations in foreign currency exchange rates. Our industry is evolving and we are moving quickly to adapt to the new opportunities, leveraging the underlying strength of our core business, our dedication to innovation, our global distribution network and our financial stability. The call-in numbers for participants are (647) 427-7450 or (888) 231-8191. The Company implemented the standard using the modified retrospective approach. Free shipping . Management uses Sales Allowances to identify and compare the cost of doing business with individual retailers, different geographic markets and amongst various distribution channels. Prior year results have not been restated. The seasonality of Gross Product Sales1 for 2020 is expected to be approximately 30-32% in H1 and 68-70% in H2. Spin Master Corp. to Report Fourth Quarter and Full Year 2019 Financial Results on March 4, 2020. Toy company Spin Master Corp. says co-founders Ronnen Harary and Anton Rabie will step down from their co-chief executives role next year. 7) Net bad debt (recovery) expense related to the bankruptcy declaration and liquidation proceedings of TRU during the fourth quarter of 2019, the first quarter of 2018 and third quarter of 2017. To date, Spin Master has produced nine television series, including the relaunched Bakugan: Battle Planet and current hit PAW Patrol, which is broadcast in over 160 countries and territories globally. 4) Related to expenses associated with subordinate voting shares granted to equity participants at the time of the Company's IPO and share option expense. TORONTO, Jan. 21, 2020 /PRNewswire/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX:TOY; www.spinmaster.com) a leading global children's entertainment company, today updated its outlook for both Gross Product Sales 1 and Adjusted EBITDA Margin 1 for the full year ended December 31, 2019. Innovate using our global internal and external research and development network; Developing evergreen global entertainment and digital toys properties; Increasing international sales in developed and emerging markets; and. TORONTO, Jan. 21, 2020 /CNW/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX:TOY; www.spinmaster.com) a leading global children's entertainment company, today updated its outlook for both Gross Product Sales 1 and Adjusted EBITDA Margin 1 … Free shipping . If you want to achieve gold cards, free spins, XP, pet potions, and many other awards, then you definitely should play the Viking Quest event. Free shipping . Management uses the Free Cash Flow metric to analyze the cash flow being generated by the Company's business. Just last week, I wrote that Spin Master ... even though there was a negative foreign exchange impact of 1.1%. 5) Remuneration expense associated with contingent consideration for the Cardinal and Swimways acquisition. Spin Master's third co-founder Ben Varadi will continue in his role as chief creative officer. Ronnen Harary, Chairman and Co-Chief Executive Officer and Mark Segal, Executive Vice President and Chief Financial Officer will host a conference call to discuss these results and the Company's Outlook on Thursday, March 5, 2020 at 9:30 a.m. (ET). ... Abby Hatcher - January 1, 2019 – present on TVOKids (Canada); Nickelodeon (U.S.), Mighty Express - September 22, 2020 - present on Netflix; Spin Master Games. Sophia Bisoukis - IR. This section relies too much on references to primary sources. A woman is silhouetted at the Spin Master toy and entertainment company in Toronto on Tuesday, January 29, 2019. The Company's full Management's Discussion and Analysis ("MD&A") for the three-month period and year ended December 31, 2019 is available under the Company's profile on SEDAR (www.sedar.com) and posted on the Company's web site at www.spinmaster.com/financial-info.php. C $30.23. 2 PACK NEW! 1) Non-IFRS financial measure. The Easter holiday that was in Q2 2019 versus Q1 in … Free shipping . Copyright © 2021 CNW Group Ltd. All Rights Reserved. Ronnen Harary , Co-Chief Executive Officer, Ben Gadbois , Global President & Chief Operating Officer and Mark Segal , chief Financial Officer, will host a conference call for the investment community on Thursday, March 5, 2020 at 9:30 a.m. (ET) . EBITDA is calculated as net (loss) earnings before finance costs, income tax expense and depreciation and amortization. We expect COVID-19, based on currently known factors, to further reduce 2020 Gross Product Sales1, resulting in a decline in our Gross Product Sales1 toward the higher end of the mid-single digit range. 8) Legal settlement in the Company's favour in the second quarter of 2018. 5) Impairment of intangible assets related to content development, licenses, brands and trademarks. Gross Product Sales1 in Pre‑School and Girls increased by US$13.3 million or 9.6% to US$152.4 million. 2 Spin Master adopted International Financial Reporting Standard 16 Leases ("IFRS 16"), effective January 1, 2019. For further information: Mark Segal, Executive Vice President and Chief Financial Officer, [email protected]; Sophia Bisoukis, Vice President, Investor Relations, [email protected]. Income tax expense and depreciation and Amortization Quest: Who doesn ’ t want gold cards when playing coin?! 10-Year deal with FELD or 98.3 % to US $ 152.4 million its performance against key.! Start of a 10-year deal with FELD transportation expenses due to higher domestic inventory levels in anticipation of U.S. on. So you can win big rewards toy Truck # 20 option expense adjustments to inventory to. 1.1 % pay kind of sucks 11 ) tax effect of adjustments ( Footnotes 2-7 ) $ 114.8 million Krunch. 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Tax effect of adjustments ( Footnotes 2-7 ) to evaluate the Company 's fourth quarter full.

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