Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Segment Revenues and Segment Income

	For the Year
	2014			2013			2012
	(In thousands)
Revenues by Segment
North America	$	3,011,633		$	3,181,205		$	3,330,217
International		3,061,506			3,277,840			3,126,088
American Girl		645,309			658,768			596,298
Gross sales		6,718,448			7,117,813			7,052,603
Sales adjustments		(694,629	)		(632,921	)		(631,722	)
Net sales	$	6,023,819		$	6,484,892		$	6,420,881
Segment Income
North America	$	459,833		$	723,834		$	810,271
International		359,904			622,910			571,413
American Girl		113,571			138,029			121,642
		933,308			1,484,773			1,503,326
Corporate and other expense (a)		(279,594	)		(316,670	)		(482,311	)
Operating income		653,714			1,168,103			1,021,015
Interest expense		79,271			78,505			88,835
Interest (income)		(7,382	)		(5,555	)		(6,841	)
Other non-operating (income), net		(5,085	)		(3,975	)		(6,024	)
Income before income taxes	$	586,910		$	1,099,128		$	945,045

(a) Corporate and other expense includes (i) incentive compensation expense of $25.2 million, $65.0 million, and $108.1 million for 2014, 2013, and 2012, respectively, (ii) $51.8 million, $17.6 million, and $13.4 million of charges related to severance and other termination-related costs for 2014, 2013, and 2012, respectively, (iii) share-based compensation expense of $52.0 million, $61.7 million, and $63.3 million for 2014, 2013, and 2012, respectively, (iv) the Litigation Charge of $137.8 million for 2012, and (v) legal fees associated with MGA litigation matters.

Segment Revenues and Segment Income

	For the Year
	2014			2013			2012
	(In thousands)
Revenues by Segment
North America	$	3,011,633		$	3,181,205		$	3,330,217
International		3,061,506			3,277,840			3,126,088
American Girl		645,309			658,768			596,298
Gross sales		6,718,448			7,117,813			7,052,603
Sales adjustments		(694,629	)		(632,921	)		(631,722	)
Net sales	$	6,023,819		$	6,484,892		$	6,420,881
Segment Income
North America	$	459,833		$	723,834		$	810,271
International		359,904			622,910			571,413
American Girl		113,571			138,029			121,642
		933,308			1,484,773			1,503,326
Corporate and other expense (a)		(279,594	)		(316,670	)		(482,311	)
Operating income		653,714			1,168,103			1,021,015
Interest expense		79,271			78,505			88,835
Interest (income)		(7,382	)		(5,555	)		(6,841	)
Other non-operating (income), net		(5,085	)		(3,975	)		(6,024	)
Income before income taxes	$	586,910		$	1,099,128		$	945,045

(a) Corporate and other expense includes (i) incentive compensation expense of $25.2 million, $65.0 million, and $108.1 million for 2014, 2013, and 2012, respectively, (ii) $51.8 million, $17.6 million, and $13.4 million of charges related to severance and other termination-related costs for 2014, 2013, and 2012, respectively, (iii) share-based compensation expense of $52.0 million, $61.7 million, and $63.3 million for 2014, 2013, and 2012, respectively, (iv) the Litigation Charge of $137.8 million for 2012, and (v) legal fees associated with MGA litigation matters.

Segment Depreciation/Amortization

	For the Year
	2014		2013		2012
	(In thousands)
Depreciation/Amortization by Segment
North America	$	118,633	$	84,935	$	76,593
International		86,011		71,380		65,340
American Girl		18,434		17,364		15,622
		223,078		173,679		157,555
Corporate and other		25,623		22,714		16,727
Depreciation and amortization	$	248,701	$	196,393	$	174,282

Segment Assets

Segment assets are comprised of accounts receivable and inventories, net of applicable reserves and allowances.

	December 31,
	2014		2013		2012
	(In thousands)
Assets by Segment
North America	$	697,377	$	723,886	$	694,479
International		778,849		920,770		807,911
American Girl		108,667		100,438		90,335
		1,584,893		1,745,094		1,592,725
Corporate and other		70,334		83,854		99,165
Accounts receivable and inventories, net	$	1,655,227	$	1,828,948	$	1,691,890

Worldwide Revenues by Brand Category

The table below presents worldwide revenues by brand category:

	For the Year
	2014			2013			2012
	(In thousands)
Worldwide Revenues by Brand Category
Mattel Girls & Boys Brands	$	3,897,218		$	4,315,855		$	4,186,550
Fisher-Price Brands		1,842,550			2,120,719			2,252,339
American Girl Brands		620,654			632,515			567,521
Construction and Arts & Crafts Brands		314,994			—			—
Other		43,032			48,724			46,193
Gross sales		6,718,448			7,117,813			7,052,603
Sales adjustments		(694,629	)		(632,921	)		(631,722	)
Net sales	$	6,023,819		$	6,484,892		$	6,420,881

Revenues by Geographic Area

	For the Year
	2014			2013			2012
	(In thousands)
Revenues
North American Region (a)	$	3,656,942		$	3,839,973		$	3,926,515
International Region:
Europe		1,687,039			1,806,707			1,685,274
Latin America		909,432			1,011,718			1,008,236
Asia Pacific		465,035			459,415			432,578
Total International Region		3,061,506			3,277,840			3,126,088
Gross sales		6,718,448			7,117,813			7,052,603
Sales adjustments		(694,629	)		(632,921	)		(631,722	)
Net sales	$	6,023,819		$	6,484,892		$	6,420,881

(a) Revenues for the North American Region include revenues attributable to the US of $3.41 billion, $3.58 billion, and $3.61 billion for 2014, 2013, and 2012, respectively.

Long-Lived Assets by Geographic Area

	December 31,
	2014		2013		2012
	(In thousands)
Long-Lived Assets
North American Region (b)	$	1,658,028	$	1,361,538	$	1,252,938
International Region		1,492,633		1,326,457		1,342,375
Consolidated total	$	3,150,661	$	2,687,995	$	2,595,313

(b) Long-lived assets for the North American Region include long-lived assets attributable to the US of $1.65 billion, $1.36 billion, and $1.25 billion for 2014, 2013, and 2012, respectively.

Major Customers

Sales to Mattel’s three largest customers accounted for 35%, 36%, and 37% of worldwide consolidated net sales for 2014, 2013, and 2012, respectively, as follows:

	For the Year
	2014		2013		2012
	(In billions)
Wal-Mart	$	1.1	$	1.2	$	1.2
Toys “R” Us		0.6		0.7		0.7
Target		0.5		0.5		0.5