EX-11 3 dex11.htm COMPUTATION OF INCOME Computation of Income

EXHIBIT 11.0

(Page 1 of 2)

 

MATTEL, INC. AND SUBSIDIARIES

 

COMPUTATION OF INCOME (LOSS) PER COMMON AND

COMMON EQUIVALENT SHARE

 

(In thousands, except per share amounts)

 

    

(Unaudited)

For the

Three Months Ended

   

(Unaudited)

For the

Nine Months Ended

  
    

Sept. 30,

2003

   

Sept. 30,

2002

   

Sept. 30,

2003

   

Sept. 30,

2002

  

BASIC

                              

Income from continuing operations

    $ 270,031    $ 253,321    $ 323,766    $ 268,948  

Gain from discontinued operations

      —        27,253      —        27,253  

Cumulative effect of change in accounting principles

      —        —        —        (252,194 )
    
  
  
  

Net income applicable to common shares

    $ 270,031    $ 280,574    $ 323,766    $ 44,007  
    
  
  
  

Applicable Shares for Computation of Income (Loss) per Share:

                              

Weighted average common shares outstanding

      439,315      436,959      439,107      435,263  
    
  
  
  

Income (Loss) Per Common Share – Basic

                              

Income from continuing operations

    $ 0.61    $ 0.58    $ 0.74    $ 0.62  

Gain from discontinued operations

      —        0.06      —        0.06  

Cumulative effect of change in accounting principles

      —        —        —        (0.58 )
    
  
  
  

Net income per common share

    $ 0.61    $ 0.64    $ 0.74    $ 0.10  
    
  
  
  

EXHIBIT 11.0

(Page 2 of 2)

 

MATTEL, INC. AND SUBSIDIARIES

 

COMPUTATION OF INCOME (LOSS) PER COMMON AND

COMMON EQUIVALENT SHARE

 

(In thousands, except per share amounts)

 

    

(Unaudited)

For the

Three Months Ended

   

(Unaudited)

For the

Nine Months Ended

  
    

Sept. 30,

2003

   

Sept. 30,

2002

   

Sept. 30,

2003

   

Sept. 30,

2002

  

DILUTED

                              

Income from continuing operations

    $ 270,031    $ 253,321    $ 323,766    $ 268,948  

Gain from discontinued operations

      —        27,253      —        27,253  

Cumulative effect of change in accounting principles

      —        —        —        (252,194 )
    
  
  
  

Net income applicable to common shares

    $ 270,031    $ 280,574    $ 323,766    $ 44,007  
    
  
  
  

Applicable Shares for Computation of Income (Loss) per Share:

                              

Weighted average common shares outstanding

      439,315      436,959      439,107      435,263  

Weighted average common equivalent shares arising from:

                              

Dilutive stock options

      4,689      5,192      5,425      5,511  

Stock subscription warrants

      —        —        —        196  
    
  
  
  

Weighted average number of common and common equivalent shares

      444,004      442,151      444,532      440,970  
    
  
  
  

Income (Loss) Per Common Share – Diluted

                              

Income from continuing operations

    $ 0.61    $ 0.57    $ 0.73    $ 0.61  

Gain from discontinued operations

      —        0.06      —        0.06  

Cumulative effect of change in accounting principles

      —        —        —        (0.57 )
    
  
  
  

Net income per common share

    $ 0.61    $ 0.63    $ 0.73    $ 0.10