EXHIBIT 11.0

MATTEL, INC. AND SUBSIDIARIES

COMPUTATION OF INCOME PER COMMON AND COMMON EQUIVALENT SHARE

(In thousands, except per share amounts)

	For the Three Months Ended
	March 31, 2006		March 31, 2005
	(Unaudited)
BASIC
Net income	$	30,170	$	6,507
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		388,766		416,096
Net Income Per Common Share — Basic:
Net income per common share	$	0.08	$	0.02
DILUTED
Net income	$	30,170	$	6,507
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		388,766		416,096
Weighted average common equivalent shares arising from:
Dilutive stock options		2,521		5,009
Weighted average number of common and common equivalent shares		391,287		421,105
Net Income Per Common Share — Diluted:
Net income per common share	$	0.08	$	0.02