Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2014

Weighted Average Assumptions Used to Determine Fair Value of Options Granted

The following weighted average assumptions were used in determining the fair value of options granted:

	2014			2013			2012
Expected life (in years)		4.9			4.9			5.0
Risk-free interest rate		1.6	%		1.5	%		0.7	%
Volatility factor		23.7	%		31.8	%		35.0	%
Dividend yield		4.3	%		3.4	%		3.6	%

Summary of Stock Option Information and Weighted Average Exercise Prices

The following is a summary of stock option information and weighted average exercise prices for Mattel’s stock options:

	2014					2013					2012
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
	(In thousands, except weighted average exercise price)
Outstanding at January 1		9,218		$	27.48		14,630		$	22.34		19,299		$	20.30
Granted		3,373			35.33		1,488			42.70		1,827			34.29
Exercised		(1,891	)		22.35		(6,828	)		19.74		(6,312	)		19.50
Forfeited		(166	)		36.85		(60	)		33.18		(134	)		27.13
Canceled		(11	)		25.28		(12	)		20.02		(50	)		20.02
Outstanding at December 31		10,523		$	30.77		9,218		$	27.48		14,630		$	22.34
Exercisable at December 31		5,810		$	26.07		6,135		$	22.70		10,971		$	20.03

Summary of RSU Information and Weighted Average Grant Date Fair Values

The following is a summary of RSU information and weighted average grant date fair values for Mattel’s RSUs, excluding Performance RSUs:

	2014					2013					2012
	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value
	(In thousands, except weighted average grant date fair value)
Unvested at January 1		3,036		$	34.94		3,505		$	28.24		3,732		$	22.53
Granted		1,786			34.83		1,116			42.82		1,417			34.43
Vested		(1,426	)		29.77		(1,337	)		24.53		(1,479	)		19.96
Forfeited		(223	)		36.27		(248	)		31.82		(165	)		26.47
Unvested at December 31		3,173		$	37.10		3,036		$	34.94		3,505		$	28.24