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
BASIC	March 31, 2007		March 31, 2006
	(Unaudited)
Net income	$	11,963	$	30,170
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		389,883		388,766
Net Income Per Common Share—Basic:
Net income per common share	$	0.03	$	0.08
DILUTED
Net income	$	11,963	$	30,170
Applicable Shares for Computation of Net Income Per Share:
Weighted average common shares outstanding		389,883		388,766
Weighted average common equivalent shares arising from:
Dilutive stock options		6,867		2,521
Weighted average number of common and common equivalent shares		396,750		391,287
Net Income Per Common Share—Diluted:
Net income per common share	$	0.03	$	0.08