EXHIBIT 11.0

MATTEL, INC. AND SUBSIDIARIES

COMPUTATION OF INCOME PER COMMON AND COMMON EQUIVALENT SHARE

	For the Year
BASIC	2006		2005		2004		2003		2002
	(In thousands, except per share amounts)
Income from continuing operations	$	592,927	$	417,019	$	572,723	$	537,632	$	455,042
Gain from discontinued operations, net of tax		—		—		—		—		27,253
Cumulative effect of change in accounting principles, net of tax		—		—		—		—		(252,194	)
Net income applicable to common shares	$	592,927	$	417,019	$	572,723	$	537,632	$	230,101
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		382,921		407,402		419,235		437,020		435,790
Net Income Per Common Share—Basic:
Income from continuing operations	$	1.55	$	1.02	$	1.37	$	1.23	$	1.04
Gain from discontinued operations		—		—		—		—		0.06
Cumulative effect of change in accounting principles		—		—		—		—		(0.58	)
Net income per common share	$	1.55	$	1.02	$	1.37	$	1.23	$	0.52
DILUTED
Income from continuing operations	$	592,927	$	417,019	$	572,723	$	537,632	$	455,042
Gain from discontinued operations, net of tax		—		—		—		—		27,253
Cumulative effect of change in accounting principles, net of tax		—		—		—		—		(252,194	)
Net income applicable to common shares	$	592,927	$	417,019	$	572,723	$	537,632	$	230,101
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		382,921		407,402		419,235		437,020		435,790
Weighted average common equivalent shares arising from:
Dilutive stock options and restricted stock		3,501		3,637		3,858		5,211		5,355
Stock subscription and other warrants		—		—		—		—		147
Weighted average number of common and common equivalent shares		386,422		411,039		423,093		442,231		441,292
Net Income Per Common Share—Diluted:
Income from continuing operations	$	1.53	$	1.01	$	1.35	$	1.22	$	1.03
Gain from discontinued operations		—		—		—		—		0.06
Cumulative effect of change in accounting principles		—		—		—		—		(0.57	)
Net income per common share	$	1.53	$	1.01	$	1.35	$	1.22	$	0.52