Segment Information (Tables)

3 Months Ended

Mar. 31, 2012

Segment Revenues and Segment Income

The following tables present information about revenues, income, and assets by segment. Mattel does not include sales adjustments such as trade discounts and other allowances in the calculation of segment revenues (referred to as “gross sales”). Mattel records these adjustments in its financial accounting systems at the time of sale to each customer, but the adjustments are not allocated to individual products. For this reason, Mattel’s CODM uses gross sales by segment as one of the metrics to measure segment performance. Such sales adjustments are included in the determination of segment income from operations based on the adjustments recorded in the financial accounting systems. Segment income represents each segment’s operating income, while consolidated operating income represents income from operations before net interest, other non-operating income, and income taxes as reported in the consolidated statements of operations. The corporate and other expense category includes costs not allocated to individual segments, including charges related to incentive compensation, share-based payments, and corporate headquarters functions managed on a worldwide basis, and the impact of changes in foreign currency rates on intercompany transactions.

	For the Three Months Ended
	March 31, 2012			March 31, 2011
	(In thousands)
Revenues by Segment
North America	$	451,603		$	508,769
International		483,974			453,832
American Girl		81,623			78,508
Gross sales		1,017,200			1,041,109
Sales adjustments		(88,751	)		(89,253	)
Net sales	$	928,449		$	951,856
Segment Income
North America	$	64,005		$	84,522
International		39,271			37,159
American Girl		1,428			2,978
		104,704			124,659
Corporate and other expenses (a)		(75,968	)		(87,901	)
Operating income		28,736			36,758
Interest expense		21,105			18,816
Interest (income)		(1,745	)		(3,163	)
Other non-operating (income), net		(792	)		(156	)
Income before income taxes	$	10,168		$	21,261

(a) Corporate and other expenses include (i) share-based compensation expense of $11.9 million and $11.0 million for the three months ended March 31, 2012 and 2011, respectively, (ii) severance expense of $5.1 million and $1.9 million for the three months ended March 31, 2012 and 2011, respectively, (iii) $7.5 million Gunther-Wahl Productions legal settlement for the three months ended March 31, 2011, and (iv) legal fees associated with MGA litigation matters.

Segment Assets

	March 31, 2012		March 31, 2011		December 31, 2011
	(In thousands)
Assets by Segment
North America	$	487,674	$	537,530	$	741,603
International		657,635		655,399		795,257
American Girl		94,288		84,997		90,820
		1,239,597		1,277,926		1,627,680
Corporate and other		107,733		87,893		106,007
Accounts receivable and inventories, net	$	1,347,330	$	1,365,819	$	1,733,687

Worldwide Revenues by Brand Category

The table below presents worldwide revenues by brand category:

	For the Three Months Ended
	March 31, 2012			March 31, 2011
	(In thousands)
Worldwide Revenues by Brand Category
Mattel Girls & Boys Brands	$	622,242		$	650,814
Fisher-Price Brands		310,169			309,866
American Girl Brands		76,027			72,962
Other		8,762			7,467
Gross sales		1,017,200			1,041,109
Sales adjustments		(88,751	)		(89,253	)
Net sales	$	928,449		$	951,856