Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings per Share

The following table reconciles earnings per common share for the three and nine months ended September 30, 2015 and 2014:

	For the Three Months Ended						For the Nine Months Ended
	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2014
	(In thousands, except per share amounts)
Basic:
Net income	$	223,784		$	331,836		$	154,256		$	348,943
Less: net income allocable to participating RSUs (a)		(1,036	)		(2,338	)		(2,393	)		(2,521	)
Net income available for basic common shares	$	222,748		$	329,498		$	151,863		$	346,422
Weighted average common shares outstanding		339,420			338,728			338,954			339,216
Basic net income per common share	$	0.66		$	0.97		$	0.45		$	1.02
Diluted:
Net income	$	223,784		$	331,836		$	154,256		$	348,943
Less: net income allocable to participating RSUs (a)		(1,035	)		(2,330	)		(2,393	)		(2,523	)
Net income available for diluted common shares	$	222,749		$	329,506		$	151,863		$	346,420
Weighted average common shares outstanding		339,420			338,728			338,954			339,216
Weighted average common equivalent shares arising from:
Dilutive stock options and non-participating RSUs		370			1,601			590			1,951
Weighted average number of common and potential common shares		339,790			340,329			339,544			341,167
Diluted net income per common share	$	0.66		$	0.97		$	0.45		$	1.02

(a) During the three and nine months ended September 30, 2015 and 2014, Mattel allocated a proportionate share of both dividends and undistributed earnings to participating RSUs.