EXHIBIT 11.0
(Page 1 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND
COMMON EQUIVALENT SHARE
(In thousands, except per share amounts)
For the Three Months Ended | For the Nine Months Ended | |||||||||||||
Sept. 30, 2002 | Sept. 30, 2001 | Sept. 30, 2002 | Sept. 30, 2001 | |||||||||||
(Unaudited) | (Unaudited) | |||||||||||||
BASIC | ||||||||||||||
Income from continuing operations | $ | 253,321 | $ | 199,835 | $ | 268,948 | $ | 172,942 | ||||||
Gain from discontinued operations | 27,253 | — | 27,253 | — | ||||||||||
Cumulative effect of change in accounting principles | — | — | (252,194 | ) | (12,001 | ) | ||||||||
Net income applicable to common shares | $ | 280,574 | $ | 199,835 | $ | 44,007 | $ | 160,941 | ||||||
Applicable Shares for Computation of Income (Loss) per Share: | ||||||||||||||
Weighted average common shares outstanding | 436,959 | 431,250 | 435,263 | 430,703 | ||||||||||
Income (Loss) Per Common Share—Basic | ||||||||||||||
Income from continuing operations | $ | 0.58 | $ | 0.46 | $ | 0.62 | $ | 0.40 | ||||||
Gain from discontinued operations | 0.06 | — | 0.06 | — | ||||||||||
Cumulative effect of change in accounting principles | — | — | (0.58 | ) | (0.03 | ) | ||||||||
Net income per common share | $ | 0.64 | $ | 0.46 | $ | 0.10 | $ | 0.37 | ||||||
EXHIBIT 11.0
(Page 2 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND
COMMON EQUIVALENT SHARE
(In thousands, except per share amounts)
For the Three Months Ended | For the Nine Months Ended | |||||||||||||
Sept. 30, 2002 | Sept. 30, 2001 | Sept. 30, 2002 | Sept. 30, 2001 | |||||||||||
(Unaudited) | (Unaudited) | |||||||||||||
DILUTED | ||||||||||||||
Income from continuing operations | $ | 253,321 | $ | 199,835 | $ | 268,948 | $ | 172,942 | ||||||
Gain from discontinued operations | 27,253 | — | 27,253 | — | ||||||||||
Cumulative effect of change in accounting principles | — | — | (252,194 | ) | (12,001 | ) | ||||||||
Net income applicable to common shares | $ | 280,574 | $ | 199,835 | $ | 44,007 | $ | 160,941 | ||||||
Applicable Shares for Computation of Income (Loss) per Share: | ||||||||||||||
Weighted average common shares outstanding | 436,959 | 431,250 | 435,263 | 430,703 | ||||||||||
Weighted average common equivalent shares arising from: | ||||||||||||||
Dilutive stock options | 5,192 | 4,614 | 5,511 | 4,252 | ||||||||||
Stock subscription warrants | — | 452 | 196 | 381 | ||||||||||
Weighted average number of common and common equivalent shares | 442,151 | 436,316 | 440,970 | 435,336 | ||||||||||
Income (Loss) Per Common Share—Diluted | ||||||||||||||
Income from continuing operations | $ | 0.57 | $ | 0.46 | $ | 0.61 | $ | 0.40 | ||||||
Gain from discontinued operations | 0.06 | — | 0.06 | — | ||||||||||
Cumulative effect of change in accounting principles | — | — | (0.57 | ) | (0.03 | ) | ||||||||
Net income per common share | $ | 0.63 | $ | 0.46 | $ | 0.10 | $ | 0.37 | ||||||