Exhibit 99.2
MATTEL, INC. AND SUBSIDIARIES
2003 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES—STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2003 | Three Months Ended June 30, 2003 | |||||||||||||||||||||||
(In millions, except per share amounts) | As Reported (a) | Impact of Charges | Pro Forma (b) | As Reported (a) | Impact of Charges | Pro Forma (b) | ||||||||||||||||||
Net Sales | $ | 745.3 | $ | 0.0 | $ | 745.3 | $ | 769.0 | $ | 0.0 | $ | 769.0 | ||||||||||||
Cost of sales | 377.3 | 1.7 | 375.6 | 412.7 | 2.4 | 410.3 | ||||||||||||||||||
Gross Profit | 368.0 | (1.7 | ) | 369.7 | 356.3 | (2.4 | ) | 358.7 | ||||||||||||||||
Advertising and promotion expenses | 83.8 | 0.0 | 83.8 | 80.8 | 0.0 | 80.8 | ||||||||||||||||||
Other selling and administrative expenses | 222.9 | 1.2 | 221.7 | 230.5 | 7.4 | 223.1 | ||||||||||||||||||
Restructuring and other charges | 8.7 | 8.7 | 0.0 | 3.3 | 3.3 | 0.0 | ||||||||||||||||||
Operating Income | 52.6 | (11.6 | ) | 64.2 | 41.7 | (13.1 | ) | 54.8 | ||||||||||||||||
Interest expense | 17.4 | 0.0 | 17.4 | 18.2 | 0.0 | 18.2 | ||||||||||||||||||
Interest (income) | (6.4 | ) | 0.0 | (6.4 | ) | (5.3 | ) | 0.0 | (5.3 | ) | ||||||||||||||
Other non-operating (income), net | (3.0 | ) | 0.0 | (3.0 | ) | 0.0 | 0.9 | (0.9 | ) | |||||||||||||||
Income Before Income Taxes | 44.6 | (11.6 | ) | 56.2 | 28.8 | (14.0 | ) | 42.8 | ||||||||||||||||
Provision for income taxes | 11.8 | (3.6 | ) | 15.4 | 7.9 | (4.0 | ) | 11.9 | ||||||||||||||||
Net Income | $ | 32.8 | $ | (8.0 | ) | $ | 40.8 | $ | 20.9 | $ | (10.0 | ) | $ | 30.9 | ||||||||||
Income Per Share—Basic | $ | 0.07 | $ | (0.02 | ) | $ | 0.09 | $ | 0.05 | $ | (0.02 | ) | $ | 0.07 | ||||||||||
Average Number of Common Shares Outstanding—Basic | 438.3 | 438.3 | 438.3 | 439.7 | 439.7 | 439.7 | ||||||||||||||||||
Income Per Share—Diluted | $ | 0.07 | $ | (0.02 | ) | $ | 0.09 | $ | 0.05 | $ | (0.02 | ) | $ | 0.07 | ||||||||||
Average Number of Common and Common Equivalent Shares Outstanding—Diluted | 443.9 | 443.9 | 443.9 | 445.5 | 445.5 | 445.5 | ||||||||||||||||||
Segment Income: | ||||||||||||||||||||||||
Domestic | ||||||||||||||||||||||||
Mattel Brands | $ | 69.8 | $ | 0.0 | $ | 69.8 | ||||||||||||||||||
Fisher-Price Brands | 1.3 | 0.0 | 1.3 | |||||||||||||||||||||
American Girl Brands | (1.7 | ) | 0.0 | (1.7 | ) | |||||||||||||||||||
| 69.4 | 0.0 | 69.4 | ||||||||||||||||||||||
International | 19.3 | 0.0 | 19.3 | |||||||||||||||||||||
| 88.7 | 0.0 | 88.7 | ||||||||||||||||||||||
Corporate and other expense | (36.1 | ) | (11.6 | ) | (24.5 | ) | ||||||||||||||||||
Operating Income | $ | 52.6 | $ | (11.6 | ) | $ | 64.2 | |||||||||||||||||
| (a) | Reported in accordance with generally accepted accounting principles. |
| (b) | Pro forma financial information is presented to facilitate year-to-year comparisons of results of operations, excluding restructuring, non-recurring and special charges. |
MATTEL, INC. AND SUBSIDIARIES
2002 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES—STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2002 | Three Months Ended June 30, 2002 | Three Months Ended Sept. 30, 2002 | Three Months Ended Dec. 31, 2002 | Year Ended Dec. 31, 2002 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(In millions, except | As Reported (a) | Impact Charges | Pro Forma (b) | As Reported (a) | Impact Charges | Pro Forma (b) | As Reported (a) | Impact Charges | Pro Forma (b) | As Reported (a) | Impact of Charges | Pro Forma (b) | As Reported (a) | Impact of Charges | Pro Forma (b) | |||||||||||||||||||||||||||||||||||||||||||||
Net Sales | $ | 742.0 | $ | 0.0 | $ | 742.0 | $ | 804.4 | $ | 0.0 | $ | 804.4 | $ | 1,669.4 | $ | 0.0 | $ | 1,669.4 | $ | 1,669.5 | $ | 0.0 | $ | 1,669.5 | $ | 4,885.3 | $ | 0.0 | $ | 4,885.3 | ||||||||||||||||||||||||||||||
Cost of sales | 410.1 | 4.0 | 406.1 | 450.0 | 3.8 | 446.2 | 829.0 | 0.9 | 828.1 | 835.2 | 1.7 | 833.5 | 2,524.3 | 10.4 | 2,513.9 | |||||||||||||||||||||||||||||||||||||||||||||
Gross Profit | 331.9 | (4.0 | ) | 335.9 | 354.4 | (3.8 | ) | 358.2 | 840.4 | (0.9 | ) | 841.3 | 834.3 | (1.7 | ) | 836.0 | 2,361.0 | (10.4 | ) | 2,371.4 | ||||||||||||||||||||||||||||||||||||||||
Advertising and promotion expenses | 82.7 | 0.0 | 82.7 | 82.9 | 0.0 | 82.9 | 187.0 | 0.0 | 187.0 | 199.9 | 0.0 | 199.9 | 552.5 | 0.0 | 552.5 | |||||||||||||||||||||||||||||||||||||||||||||
Other selling and administrative expenses | 213.7 | 1.8 | 211.9 | 221.1 | 4.3 | 216.8 | 286.4 | 4.6 | 281.8 | 329.1 | 2.6 | 326.5 | 1,050.3 | 13.3 | 1,037.0 | |||||||||||||||||||||||||||||||||||||||||||||
Restructuring and other charges | 14.8 | 14.8 | 0.0 | 6.9 | 6.9 | 0.0 | 0.0 | 0.0 | 0.0 | 2.9 | 2.9 | 0.0 | 24.6 | 24.6 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||||
Operating Income | 20.7 | (20.6 | ) | 41.3 | 43.5 | (15.0 | ) | 58.5 | 367.0 | (5.5 | ) | 372.5 | 302.4 | (7.2 | ) | 309.6 | 733.6 | (48.3 | ) | 781.9 | ||||||||||||||||||||||||||||||||||||||||
Interest expense | 29.6 | 0.0 | 29.6 | 29.1 | 0.0 | 29.1 | 26.6 | 0.0 | 26.6 | 28.6 | 0.0 | 28.6 | 113.9 | 0.0 | 113.9 | |||||||||||||||||||||||||||||||||||||||||||||
Interest (income) | (3.9 | ) | 0.0 | (3.9 | ) | (4.5 | ) | 0.0 | (4.5 | ) | (5.2 | ) | 0.0 | (5.2 | ) | (4.1 | ) | 0.0 | (4.1 | ) | (17.7 | ) | 0.0 | (17.7 | ) | |||||||||||||||||||||||||||||||||||
Other non-operating (income)/expense, net | 1.5 | 0.0 | 1.5 | (6.7 | ) | 0.0 | (6.7 | ) | (1.5 | ) | 0.0 | (1.5 | ) | 22.6 | 0.0 | 22.6 | 15.9 | 0.0 | 15.9 | |||||||||||||||||||||||||||||||||||||||||
Income (Loss) Before Income Taxes | (6.5 | ) | (20.6 | ) | 14.1 | 25.6 | (15.0 | ) | 40.6 | 347.1 | (5.5 | ) | 352.6 | 255.3 | (7.2 | ) | 262.5 | 621.5 | (48.3 | ) | 669.8 | |||||||||||||||||||||||||||||||||||||||
Provision (benefit) for income taxes | (2.5 | ) | (6.3 | ) | 3.8 | 6.0 | (5.0 | ) | 11.0 | 93.8 | (2.1 | ) | 95.9 | 69.2 | (3.0 | ) | 72.2 | 166.5 | (16.4 | ) | 182.9 | |||||||||||||||||||||||||||||||||||||||
Income (Loss) From Continuing Operations | (4.0 | ) | (14.3 | ) | 10.3 | 19.6 | (10.0 | ) | 29.6 | 253.3 | (3.4 | ) | 256.7 | 186.1 | (4.2 | ) | 190.3 | 455.0 | (31.9 | ) | 486.9 | |||||||||||||||||||||||||||||||||||||||
Gain from discontinued operations, net of tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 27.3 | 27.3 | 0.0 | 0.0 | 0.0 | 0.0 | 27.3 | 27.3 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principles, net of tax | (252.2 | ) | (252.2 | ) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (252.2 | ) | (252.2 | ) | 0.0 | |||||||||||||||||||||||||||||||||||||||||
Net Income (Loss) | $ | (256.2 | ) | $ | (266.5 | ) | $ | 10.3 | $ | 19.6 | $ | (10.0 | ) | $ | 29.6 | $ | 280.6 | $ | 23.9 | $ | 256.7 | $ | 186.1 | $ | (4.2 | ) | $ | 190.3 | $ | 230.1 | $ | (256.8 | ) | $ | 486.9 | |||||||||||||||||||||||||
Income (Loss) Per Share—Basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.01 | ) | $ | (0.03 | ) | $ | 0.02 | $ | 0.04 | $ | (0.03 | ) | $ | 0.07 | $ | 0.58 | $ | (0.01 | ) | $ | 0.59 | $ | 0.43 | $ | (0.01 | ) | $ | 0.44 | $ | 1.04 | $ | (0.08 | ) | $ | 1.12 | ||||||||||||||||||||||||
Gain from discontinued operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.00 | |||||||||||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principles | (0.58 | ) | (0.58 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.58 | ) | (0.58 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||||||
| $ | (0.59 | ) | $ | (0.61 | ) | $ | 0.02 | $ | 0.04 | $ | (0.03 | ) | $ | 0.07 | $ | 0.64 | $ | 0.05 | $ | 0.59 | $ | 0.43 | $ | (0.01 | ) | $ | 0.44 | $ | 0.52 | $ | (0.60 | ) | $ | 1.12 | ||||||||||||||||||||||||||
Average Number of Common Shares Outstanding—Basic | 432.6 | 432.6 | 432.6 | 436.1 | 436.1 | 436.1 | 437.0 | 437.0 | 437.0 | 437.4 | 437.4 | 437.4 | 435.8 | 435.8 | 435.8 | |||||||||||||||||||||||||||||||||||||||||||||
Income (Loss) Per Share—Diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.01 | ) | $ | (0.03 | ) | $ | 0.02 | $ | 0.04 | $ | (0.03 | ) | $ | 0.07 | $ | 0.57 | $ | (0.01 | ) | $ | 0.58 | $ | 0.42 | $ | (0.01 | ) | $ | 0.43 | $ | 1.03 | $ | (0.07 | ) | $ | 1.10 | ||||||||||||||||||||||||
Gain from discontinued operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.00 | |||||||||||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principles | (0.58 | ) | (0.58 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.57 | ) | (0.57 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||||||
| $ | (0.59 | ) | $ | (0.61 | ) | $ | 0.02 | $ | 0.04 | $ | (0.03 | ) | $ | 0.07 | $ | 0.63 | $ | 0.05 | $ | 0.58 | $ | 0.42 | $ | (0.01 | ) | $ | 0.43 | $ | 0.52 | $ | (0.58 | ) | $ | 1.10 | ||||||||||||||||||||||||||
Average Number of Common and Common Equivalent Shares Outstanding—Diluted | 432.6 | 432.6 | 432.6 | 442.2 | 442.2 | 442.2 | 442.2 | 442.2 | 442.2 | 442.2 | 442.2 | 442.2 | 441.3 | 441.3 | 441.3 | |||||||||||||||||||||||||||||||||||||||||||||
Segment Income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Domestic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mattel Brands | $ | 56.5 | $ | 0.0 | $ | 56.5 | $ | 57.0 | $ | 0.0 | $ | 57.0 | $ | 196.3 | $ | 0.0 | $ | 196.3 | $ | 136.2 | $ | 0.0 | $ | 136.2 | $ | 446.0 | $ | 0.0 | $ | 446.0 | ||||||||||||||||||||||||||||||
Fisher-Price Brands | 1.6 | 0.0 | 1.6 | 12.8 | 0.0 | 12.8 | 98.6 | 0.0 | 98.6 | 74.0 | 0.0 | 74.0 | 187.0 | 0.0 | 187.0 | |||||||||||||||||||||||||||||||||||||||||||||
American Girl Brands | (0.9 | ) | 0.0 | (0.9 | ) | (3.7 | ) | 0.0 | (3.7 | ) | 3.6 | 0.0 | 3.6 | 59.1 | 0.0 | 59.1 | 58.1 | 0.0 | 58.1 | |||||||||||||||||||||||||||||||||||||||||
| 57.2 | 0.0 | 57.2 | 66.1 | 0.0 | 66.1 | 298.5 | 0.0 | 298.5 | 269.3 | 0.0 | 269.3 | 691.1 | 0.0 | 691.1 | ||||||||||||||||||||||||||||||||||||||||||||||
International | 4.9 | 0.0 | 4.9 | 15.9 | 0.0 | 15.9 | 130.8 | 0.0 | 130.8 | 153.4 | 0.0 | 153.4 | 305.0 | 0.0 | 305.0 | |||||||||||||||||||||||||||||||||||||||||||||
| 62.1 | 0.0 | 62.1 | 82.0 | 0.0 | 82.0 | 429.3 | 0.0 | 429.3 | 422.7 | 0.0 | 422.7 | 996.1 | 0.0 | 996.1 | ||||||||||||||||||||||||||||||||||||||||||||||
Corporate and other expense | (41.4 | ) | (20.6 | ) | (20.8 | ) | (38.5 | ) | (15.0 | ) | (23.5 | ) | (62.3 | ) | (5.5 | ) | (56.8 | ) | (120.3 | ) | (7.2 | ) | (113.1 | ) | (262.5 | ) | (48.3 | ) | (214.2 | ) | ||||||||||||||||||||||||||||||
Operating Income | $ | 20.7 | $ | (20.6 | ) | $ | 41.3 | $ | 43.5 | $ | (15.0 | ) | $ | 58.5 | $ | 367.0 | $ | (5.5 | ) | $ | 372.5 | $ | 302.4 | $ | (7.2 | ) | $ | 309.6 | $ | 733.6 | $ | (48.3 | ) | $ | 781.9 | |||||||||||||||||||||||||
| (a) | Reported in accordance with generally accepted accounting principles. |
| (b) | Pro forma financial information is presented to facilitate year-to-year comparisons of results of continuing operations, excluding restructuring, non-recurring and special charges. |
Note—Certain financial information for prior years has been reclassified to conform to the current year’s presentation.
MATTEL, INC. AND SUBSIDIARIES
2001 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES — STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2001 | Three Months Ended June 30, 2001 | Three Months Ended Sept. 30, 2001 | Three Months Ended Dec. 31, 2001 | Year Ended Dec. 31, 2001 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(In millions, except | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | |||||||||||||||||||||||||||||||||||||||||||||
Net Sales | $ | 715.2 | $ | 0.0 | $ | 715.2 | $ | 836.2 | $ | 0.0 | $ | 836.2 | $ | 1,575.3 | $ | 0.0 | $ | 1,575.3 | $ | 1,561.2 | $ | 0.0 | $ | 1,561.2 | $ | 4,687.9 | $ | 0.0 | $ | 4,687.9 | ||||||||||||||||||||||||||||||
Cost of sales | 405.2 | 6.6 | 398.6 | 475.8 | 7.2 | 468.6 | 840.0 | 10.2 | 829.8 | 818.0 | 4.2 | 813.8 | 2,539.0 | 28.2 | 2,510.8 | |||||||||||||||||||||||||||||||||||||||||||||
Gross Profit | 310.0 | (6.6 | ) | 316.6 | 360.4 | (7.2 | ) | 367.6 | 735.3 | (10.2 | ) | 745.5 | 743.2 | (4.2 | ) | 747.4 | 2,148.9 | (28.2 | ) | 2,177.1 | ||||||||||||||||||||||||||||||||||||||||
Advertising and promotion expenses | 79.7 | 0.3 | 79.4 | 84.9 | 0.0 | 84.9 | 174.9 | 0.0 | 174.9 | 204.1 | 0.0 | 204.1 | 543.6 | 0.3 | 543.3 | |||||||||||||||||||||||||||||||||||||||||||||
Other selling and administrative expenses | 207.9 | 0.1 | 207.8 | 221.1 | 0.6 | 220.5 | 237.2 | 1.0 | 236.2 | 298.0 | 4.3 | 293.7 | 964.2 | 6.0 | 958.2 | |||||||||||||||||||||||||||||||||||||||||||||
Restructuring and other charges | 0.0 | 0.0 | 0.0 | 13.0 | 13.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.7 | 2.7 | 0.0 | 15.7 | 15.7 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||||
Operating Income Before Amortization of Goodwill | 22.4 | (7.0 | ) | 29.4 | 41.4 | (20.8 | ) | 62.2 | 323.2 | (11.2 | ) | 334.4 | 238.4 | (11.2 | ) | 249.6 | 625.4 | (50.2 | ) | 675.6 | ||||||||||||||||||||||||||||||||||||||||
Amortization of goodwill | 11.5 | 11.5 | 0.0 | 11.5 | 11.5 | 0.0 | 11.5 | 11.5 | 0.0 | 11.6 | 11.6 | 0.0 | 46.1 | 46.1 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||||
Operating Income | 10.9 | (18.5 | ) | 29.4 | 29.9 | (32.3 | ) | 62.2 | 311.7 | (22.7 | ) | 334.4 | 226.8 | (22.8 | ) | 249.6 | 579.3 | (96.3 | ) | 675.6 | ||||||||||||||||||||||||||||||||||||||||
Interest expense | 34.9 | 0.0 | 34.9 | 39.6 | 0.0 | 39.6 | 39.5 | 0.0 | 39.5 | 41.1 | 0.0 | 41.1 | 155.1 | 0.0 | 155.1 | |||||||||||||||||||||||||||||||||||||||||||||
Interest (income) | (3.4 | ) | 0.0 | (3.4 | ) | (4.9 | ) | 0.0 | (4.9 | ) | (3.5 | ) | 0.0 | (3.5 | ) | (3.7 | ) | 0.0 | (3.7 | ) | (15.5 | ) | 0.0 | (15.5 | ) | |||||||||||||||||||||||||||||||||||
Other non-operating (income)/expense, net | 8.6 | 5.5 | 3.1 | 2.0 | 0.0 | 2.0 | 0.1 | 0.0 | 0.1 | (1.0 | ) | 0.0 | (1.0 | ) | 9.7 | 5.5 | 4.2 | |||||||||||||||||||||||||||||||||||||||||||
Income (Loss) Before Income Taxes | (29.2 | ) | (24.0 | ) | (5.2 | ) | (6.8 | ) | (32.3 | ) | 25.5 | 275.6 | (22.7 | ) | 298.3 | 190.4 | (22.8 | ) | 213.2 | 430.0 | (101.8 | ) | 531.8 | |||||||||||||||||||||||||||||||||||||
Provision (benefit) for income taxes | (7.2 | ) | (5.8 | ) | (1.4 | ) | (1.9 | ) | (8.9 | ) | 7.0 | 75.8 | (5.8 | ) | 81.6 | 52.4 | (5.9 | ) | 58.3 | 119.1 | (26.4 | ) | 145.5 | |||||||||||||||||||||||||||||||||||||
Income (Loss) From Continuing Operations | (22.0 | ) | (18.2 | ) | (3.8 | ) | (4.9 | ) | (23.4 | ) | 18.5 | 199.8 | (16.9 | ) | 216.7 | 138.0 | (16.9 | ) | 154.9 | 310.9 | (75.4 | ) | 386.3 | |||||||||||||||||||||||||||||||||||||
Cumulative effect of change in accounting principles, net of tax | (12.0 | ) | (12.0 | ) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (12.0 | ) | (12.0 | ) | 0.0 | |||||||||||||||||||||||||||||||||||||||||
Net Income (Loss) | $ | (34.0 | ) | $ | (30.2 | ) | $ | (3.8 | ) | $ | (4.9 | ) | $ | (23.4 | ) | $ | 18.5 | $ | 199.8 | $ | (16.9 | ) | $ | 216.7 | $ | 138.0 | $ | (16.9 | ) | $ | 154.9 | $ | 298.9 | $ | (87.4 | ) | $ | 386.3 | ||||||||||||||||||||||
Income (Loss) Per Share—Basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.05 | ) | $ | (0.04 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.05 | ) | $ | 0.04 | $ | 0.46 | $ | (0.04 | ) | $ | 0.50 | $ | 0.32 | $ | (0.04 | ) | $ | 0.36 | $ | 0.72 | $ | (0.18 | ) | $ | 0.90 | ||||||||||||||||||||||
Cumulative effect of change in accounting principles | (0.03 | ) | (0.03 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.03 | ) | (0.03 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||||||
| $ | (0.08 | ) | $ | (0.07 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.05 | ) | $ | 0.04 | $ | 0.46 | $ | (0.04 | ) | $ | 0.50 | $ | 0.32 | $ | (0.04 | ) | $ | 0.36 | $ | 0.69 | $ | (0.21 | ) | $ | 0.90 | |||||||||||||||||||||||
Average Number of Common Shares Outstanding—Basic | 429.9 | 429.9 | 429.9 | 430.9 | 430.9 | 430.9 | 431.2 | 431.2 | 431.2 | 431.8 | 431.8 | 431.8 | 431.0 | 431.0 | 431.0 | |||||||||||||||||||||||||||||||||||||||||||||
Income (Loss) Per Share—Diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.05 | ) | $ | (0.04 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.05 | ) | $ | 0.04 | $ | 0.46 | $ | (0.04 | ) | $ | 0.50 | $ | 0.31 | $ | (0.04 | ) | $ | 0.35 | $ | 0.71 | $ | (0.18 | ) | $ | 0.89 | ||||||||||||||||||||||
Cumulative effect of change in accounting principles | (0.03 | ) | (0.03 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.03 | ) | (0.03 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||||||
| $ | (0.08 | ) | $ | (0.07 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.05 | ) | $ | 0.04 | $ | 0.46 | $ | (0.04 | ) | $ | 0.50 | $ | 0.31 | $ | (0.04 | ) | $ | 0.35 | $ | 0.68 | $ | (0.21 | ) | $ | 0.89 | |||||||||||||||||||||||
Average Number of Common and Common Equivalent Shares Outstanding—Diluted | 429.9 | 429.9 | 429.9 | 430.9 | 430.9 | 430.9 | 436.3 | 436.3 | 436.3 | 437.5 | 437.5 | 437.5 | 436.2 | 436.2 | 436.2 | |||||||||||||||||||||||||||||||||||||||||||||
Segment Income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Domestic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mattel Brands | $ | 48.8 | $ | 0.0 | $ | 48.8 | $ | 62.8 | $ | 0.0 | $ | 62.8 | $ | 188.4 | $ | 0.0 | $ | 188.4 | $ | 120.5 | $ | 0.0 | $ | 120.5 | $ | 420.5 | $ | 0.0 | $ | 420.5 | ||||||||||||||||||||||||||||||
Fisher-Price Brands | 3.8 | 0.0 | 3.8 | 15.0 | 0.0 | 15.0 | 85.2 | 0.0 | 85.2 | 53.0 | 0.0 | 53.0 | 157.0 | 0.0 | 157.0 | |||||||||||||||||||||||||||||||||||||||||||||
American Girl Brands | (9.9 | ) | 0.0 | (9.9 | ) | (8.9 | ) | 0.0 | (8.9 | ) | (4.1 | ) | 0.0 | (4.1 | ) | 56.2 | 0.0 | 56.2 | 33.3 | 0.0 | 33.3 | |||||||||||||||||||||||||||||||||||||||
| 42.7 | 0.0 | 42.7 | 68.9 | 0.0 | 68.9 | 269.5 | 0.0 | 269.5 | 229.7 | 0.0 | 229.7 | 610.8 | 0.0 | 610.8 | ||||||||||||||||||||||||||||||||||||||||||||||
International | (10.8 | ) | 0.0 | (10.8 | ) | 5.8 | 0.0 | 5.8 | 81.0 | 0.0 | 81.0 | 122.3 | 0.0 | 122.3 | 198.3 | 0.0 | 198.3 | |||||||||||||||||||||||||||||||||||||||||||
| 31.9 | 0.0 | 31.9 | 74.7 | 0.0 | 74.7 | 350.5 | 0.0 | 350.5 | 352.0 | 0.0 | 352.0 | 809.1 | 0.0 | 809.1 | ||||||||||||||||||||||||||||||||||||||||||||||
Amortization of goodwill | (11.5 | ) | (11.5 | ) | 0.0 | (11.5 | ) | (11.5 | ) | 0.0 | (11.5 | ) | (11.5 | ) | 0.0 | (11.6 | ) | (11.6 | ) | 0.0 | (46.1 | ) | (46.1 | ) | 0.0 | |||||||||||||||||||||||||||||||||||
Corporate and other expense | (9.5 | ) | (7.0 | ) | (2.5 | ) | (33.3 | ) | (20.8 | ) | (12.5 | ) | (27.3 | ) | (11.2 | ) | (16.1 | ) | (113.6 | ) | (11.2 | ) | (102.4 | ) | (183.7 | ) | (50.2 | ) | (133.5 | ) | ||||||||||||||||||||||||||||||
Operating Income | $ | 10.9 | $ | (18.5 | ) | $ | 29.4 | $ | 29.9 | $ | (32.3 | ) | $ | 62.2 | $ | 311.7 | $ | (22.7 | ) | $ | 334.4 | $ | 226.8 | $ | (22.8 | ) | $ | 249.6 | $ | 579.3 | $ | (96.3 | ) | $ | 675.6 | |||||||||||||||||||||||||
| (a) | Reported in accordance with generally accepted accounting principles. |
| (b) | Pro forma financial information is presented to facilitate year-to-year comparisons of results of continuing operations, excluding goodwill amortization, restructuring, non-recurring and special charges. |
Note—Certain financial information for prior years has been reclassified to conform to the current year’s presentation.
MATTEL, INC. AND SUBSIDIARIES
2000 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES — STATEMENTS OF OPERATIONS
Three Months Ended March 31, 2000 | Three Months Ended June 30, 2000 | Three Months Ended Sept. 30, 2000 | Three Months Ended Dec. 31, 2000 | Year Ended Dec. 31, 2000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(In millions, except | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | As Reported | Impact Charges Goodwill | Pro Forma (b) | |||||||||||||||||||||||||||||||||||||||||||||
Net Sales | $ | 679.6 | $ | 0.0 | $ | 679.6 | $ | 803.0 | $ | 0.0 | $ | 803.0 | $ | 1,549.6 | $ | 0.0 | $ | 1,549.6 | $ | 1,533.3 | $ | 0.0 | $ | 1,533.3 | $ | 4,565.5 | $ | 0.0 | $ | 4,565.5 | ||||||||||||||||||||||||||||||
Cost of sales | 379.7 | 0.0 | 379.7 | 454.7 | 0.0 | 454.7 | 917.9 | 72.0 | 845.9 | 820.0 | 6.6 | 813.4 | 2,572.3 | 78.6 | 2,493.7 | |||||||||||||||||||||||||||||||||||||||||||||
Gross Profit | 299.9 | 0.0 | 299.9 | 348.3 | 0.0 | 348.3 | 631.7 | (72.0 | ) | 703.7 | 713.3 | (6.6 | ) | 719.9 | 1,993.2 | (78.6 | ) | 2,071.8 | ||||||||||||||||||||||||||||||||||||||||||
Advertising and promotion expenses | 76.8 | 0.0 | 76.8 | 83.0 | 0.0 | 83.0 | 190.3 | 3.8 | 186.5 | 228.2 | 1.0 | 227.2 | 578.3 | 4.8 | 573.5 | |||||||||||||||||||||||||||||||||||||||||||||
Other selling and administrative expenses | 257.0 | 53.1 | 203.9 | 221.6 | 0.0 | 221.6 | 229.5 | 6.0 | 223.5 | 273.7 | 7.3 | 266.4 | 981.8 | 66.4 | 915.4 | |||||||||||||||||||||||||||||||||||||||||||||
Restructuring and other charges | 0.0 | 0.0 | 0.0 | (2.0 | ) | (2.0 | ) | 0.0 | 17.9 | 17.9 | 0.0 | 0.0 | 0.0 | 0.0 | 15.9 | 15.9 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||
Operating Income (Loss) Before Amortization of Goodwill | (33.9 | ) | (53.1 | ) | 19.2 | 45.7 | 2.0 | 43.7 | 194.0 | (99.7 | ) | 293.7 | 211.4 | (14.9 | ) | 226.3 | 417.2 | (165.7 | ) | 582.9 | ||||||||||||||||||||||||||||||||||||||||
Amortization of goodwill | 11.3 | 11.3 | 0.0 | 12.1 | 12.1 | 0.0 | 11.6 | 11.6 | 0.0 | 11.6 | 11.6 | 0.0 | 46.6 | 46.6 | 0.0 | |||||||||||||||||||||||||||||||||||||||||||||
Operating Income (Loss) | (45.2 | ) | (64.4 | ) | 19.2 | 33.6 | (10.1 | ) | 43.7 | 182.4 | (111.3 | ) | 293.7 | 199.8 | (26.5 | ) | 226.3 | 370.6 | (212.3 | ) | 582.9 | |||||||||||||||||||||||||||||||||||||||
Interest expense | 24.4 | 0.0 | 24.4 | 35.9 | 0.0 | 35.9 | 42.6 | 0.0 | 42.6 | 50.1 | 0.0 | 50.1 | 153.0 | 0.0 | 153.0 | |||||||||||||||||||||||||||||||||||||||||||||
Interest (income) | (3.1 | ) | 0.0 | (3.1 | ) | (3.9 | ) | 0.0 | (3.9 | ) | (1.8 | ) | 0.0 | (1.8 | ) | (2.2 | ) | 0.0 | (2.2 | ) | (11.0 | ) | 0.0 | (11.0 | ) | |||||||||||||||||||||||||||||||||||
Other non-operating (income)/expense, net | (4.9 | ) | 0.0 | (4.9 | ) | (6.7 | ) | 0.0 | (6.7 | ) | 6.3 | 5.5 | 0.8 | 8.5 | 8.4 | 0.1 | 3.2 | 13.9 | (10.7 | ) | ||||||||||||||||||||||||||||||||||||||||
Income (Loss) Before Income Taxes | (61.6 | ) | (64.4 | ) | 2.8 | 8.3 | (10.1 | ) | 18.4 | 135.3 | (116.8 | ) | 252.1 | 143.4 | (34.9 | ) | 178.3 | 225.4 | (226.2 | ) | 451.6 | |||||||||||||||||||||||||||||||||||||||
Provision (benefit) for income taxes | (17.0 | ) | (17.8 | ) | 0.8 | 2.3 | (2.7 | ) | 5.0 | 31.6 | (37.1 | ) | 68.7 | 38.3 | (10.3 | ) | 48.6 | 55.2 | (67.9 | ) | 123.1 | |||||||||||||||||||||||||||||||||||||||
Income (Loss) From Continuing Operations | (44.6 | ) | (46.6 | ) | 2.0 | 6.0 | (7.4 | ) | 13.4 | 103.7 | (79.7 | ) | 183.4 | 105.1 | (24.6 | ) | 129.7 | 170.2 | (158.3 | ) | 328.5 | |||||||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | (126.6 | ) | (126.6 | ) | 0.0 | 0.0 | 0.0 | 0.0 | (440.6 | ) | (440.6 | ) | 0.0 | (34.0 | ) | (34.0 | ) | 0.0 | (601.2 | ) | (601.2 | ) | 0.0 | |||||||||||||||||||||||||||||||||||||
Net Income (Loss) | $ | (171.2 | ) | $ | (173.2 | ) | $ | 2.0 | $ | 6.0 | $ | (7.4 | ) | $ | 13.4 | $ | (336.9 | ) | $ | (520.3 | ) | $ | 183.4 | $ | 71.1 | $ | (58.6 | ) | $ | 129.7 | $ | (431.0 | ) | $ | (759.5 | ) | $ | 328.5 | ||||||||||||||||||||||
Income (Loss) Per Share—Basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.10 | ) | $ | (0.11 | ) | $ | 0.01 | $ | 0.01 | $ | (0.02 | ) | $ | 0.03 | $ | 0.24 | $ | (0.19 | ) | $ | 0.43 | $ | 0.25 | $ | (0.05 | ) | $ | 0.30 | $ | 0.40 | $ | (0.37 | ) | $ | 0.77 | ||||||||||||||||||||||||
Loss from discontinued operations | (0.30 | ) | (0.30 | ) | 0.00 | 0.00 | 0.00 | 0.00 | (1.03 | ) | (1.03 | ) | 0.00 | (0.08 | ) | (0.08 | ) | 0.00 | (1.41 | ) | (1.41 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||
| $ | (0.40 | ) | $ | (0.41 | ) | $ | 0.01 | $ | 0.01 | $ | (0.02 | ) | $ | 0.03 | $ | (0.79 | ) | $ | (1.22 | ) | $ | 0.43 | $ | 0.17 | $ | (0.13 | ) | $ | 0.30 | $ | (1.01 | ) | $ | (1.78 | ) | $ | 0.77 | |||||||||||||||||||||||
Average Number of Common Shares Outstanding—Basic | 425.5 | 425.5 | 425.5 | 425.8 | 425.8 | 425.8 | 426.4 | 426.4 | 426.4 | 426.9 | 426.9 | 426.9 | 426.2 | 426.2 | 426.2 | |||||||||||||||||||||||||||||||||||||||||||||
Income (Loss) Per Share—Diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations | $ | (0.10 | ) | $ | (0.11 | ) | $ | 0.01 | $ | 0.01 | $ | (0.02 | ) | $ | 0.03 | $ | 0.24 | $ | (0.19 | ) | $ | 0.43 | $ | 0.25 | $ | (0.05 | ) | $ | 0.30 | $ | 0.40 | $ | (0.37 | ) | $ | 0.77 | ||||||||||||||||||||||||
Loss from discontinued operations | (0.30 | ) | (0.30 | ) | 0.00 | 0.00 | 0.00 | 0.00 | (1.03 | ) | (1.03 | ) | 0.00 | (0.08 | ) | (0.08 | ) | 0.00 | (1.41 | ) | (1.41 | ) | 0.00 | |||||||||||||||||||||||||||||||||||||
| $ | (0.40 | ) | $ | (0.41 | ) | $ | 0.01 | $ | 0.01 | $ | (0.02 | ) | $ | 0.03 | $ | (0.79 | ) | $ | (1.22 | ) | $ | 0.43 | $ | 0.17 | $ | (0.13 | ) | $ | 0.30 | $ | (1.01 | ) | $ | (1.78 | ) | $ | 0.77 | |||||||||||||||||||||||
Average Number of Common and Common Equivalent Shares Outstanding—Diluted | 425.5 | 425.5 | 425.5 | 427.8 | 427.8 | 427.8 | 426.9 | 426.9 | 426.9 | 428.5 | 428.5 | 428.5 | 427.1 | 427.1 | 427.1 | |||||||||||||||||||||||||||||||||||||||||||||
Segment Income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Domestic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mattel Brands | $ | 40.0 | $ | 0.0 | $ | 40.0 | $ | 49.5 | $ | 0.0 | $ | 49.5 | $ | 172.7 | $ | 0.0 | $ | 172.7 | $ | 139.2 | $ | 0.0 | $ | 139.2 | $ | 401.4 | $ | 0.0 | $ | 401.4 | ||||||||||||||||||||||||||||||
Fisher-Price Brands | 5.7 | 0.0 | 5.7 | 14.9 | 0.0 | 14.9 | 70.9 | 0.0 | 70.9 | 61.6 | 0.0 | 61.6 | 153.1 | 0.0 | 153.1 | |||||||||||||||||||||||||||||||||||||||||||||
American Girl Brands | (9.3 | ) | 0.0 | (9.3 | ) | (10.1 | ) | 0.0 | (10.1 | ) | (4.1 | ) | 0.0 | (4.1 | ) | 59.8 | 0.0 | 59.8 | 36.3 | 0.0 | 36.3 | |||||||||||||||||||||||||||||||||||||||
| 36.4 | 0.0 | 36.4 | 54.3 | 0.0 | 54.3 | 239.5 | 0.0 | 239.5 | 260.6 | 0.0 | 260.6 | 590.8 | 0.0 | 590.8 | ||||||||||||||||||||||||||||||||||||||||||||||
International | (14.3 | ) | 0.0 | (14.3 | ) | 7.8 | 0.0 | 7.8 | 72.0 | 0.0 | 72.0 | 88.1 | 0.0 | 88.1 | 153.6 | 0.0 | 153.6 | |||||||||||||||||||||||||||||||||||||||||||
| 22.1 | 0.0 | 22.1 | 62.1 | 0.0 | 62.1 | 311.5 | 0.0 | 311.5 | 348.7 | 0.0 | 348.7 | 744.4 | 0.0 | 744.4 | ||||||||||||||||||||||||||||||||||||||||||||||
Amortization of goodwill | (11.3 | ) | (11.3 | ) | 0.0 | (12.1 | ) | (12.1 | ) | 0.0 | (11.6 | ) | (11.6 | ) | 0.0 | (11.6 | ) | (11.6 | ) | 0.0 | (46.6 | ) | (46.6 | ) | 0.0 | |||||||||||||||||||||||||||||||||||
Corporate and other expense | (56.0 | ) | (53.1 | ) | (2.9 | ) | (16.4 | ) | 2.0 | (18.4 | ) | (117.5 | ) | (99.7 | ) | (17.8 | ) | (137.3 | ) | (14.9 | ) | (122.4 | ) | (327.2 | ) | (165.7 | ) | (161.5 | ) | |||||||||||||||||||||||||||||||
Operating Income (Loss) | $ | (45.2 | ) | $ | (64.4 | ) | $ | 19.2 | $ | 33.6 | $ | (10.1 | ) | $ | 43.7 | $ | 182.4 | $ | (111.3 | ) | $ | 293.7 | $ | 199.8 | $ | (26.5 | ) | $ | 226.3 | $ | 370.6 | $ | (212.3 | ) | $ | 582.9 | ||||||||||||||||||||||||
| (a) | Reported in accordance with generally accepted accounting principles. |
| (b) | Pro forma financial information is presented to facilitate year-to-year comparisons of results of continuing operations, excluding goodwill amortization, restructuring, non-recurring and special charges. |
Note—Certain financial information for prior years has been reclassified to conform to the current year’s presentation.
MATTEL, INC. AND SUBSIDIARIES
1997—1999 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES — STATEMENTS OF OPERATIONS
| Year Ended Dec. 31, 1997 | Year Ended Dec. 31, 1998 | Year Ended Dec. 31, 1999 | ||||||||||||||||||||||||||||||||||
(In millions, except | As Reported (a) | Impact Charges Goodwill | Pro Forma (b) | As Reported (a) | Impact Charges Goodwill | Pro Forma (b) | As Reported (a) | Impact of Charges & Goodwill | Pro Forma (b) | |||||||||||||||||||||||||||
Net Sales | $ | 4,646.4 | $ | 0.0 | $ | 4,646.4 | $ | 4,579.5 | $ | 0.0 | $ | 4,579.5 | $ | 4,502.7 | $ | 0.0 | $ | 4,502.7 | ||||||||||||||||||
Cost of sales | 2,422.3 | 0.0 | 2,422.3 | 2,425.0 | 0.0 | 2,425.0 | 2,435.5 | 0.0 | 2,435.5 | |||||||||||||||||||||||||||
Gross Profit | 2,224.1 | 0.0 | 2,224.1 | 2,154.5 | 0.0 | 2,154.5 | 2,067.2 | 0.0 | 2,067.2 | |||||||||||||||||||||||||||
Advertising and promotion expenses | 620.8 | 0.0 | 620.8 | 631.1 | 0.0 | 631.1 | 569.7 | 0.0 | 569.7 | |||||||||||||||||||||||||||
Other selling and administrative expenses | 790.0 | 0.0 | 790.0 | 875.9 | 0.0 | 875.9 | 881.3 | 0.0 | 881.3 | |||||||||||||||||||||||||||
Restructuring and other charges | 275.0 | 275.0 | 0.0 | 44.0 | 44.0 | 0.0 | 281.1 | 281.1 | 0.0 | |||||||||||||||||||||||||||
Operating Income Before Amortization of Goodwill | 538.3 | (275.0 | ) | 813.3 | 603.5 | (44.0 | ) | 647.5 | 335.1 | (281.1 | ) | 616.2 | ||||||||||||||||||||||||
Amortization of goodwill | 30.8 | 30.8 | 0.0 | 38.2 | 38.2 | 0.0 | 46.8 | 46.8 | 0.0 | |||||||||||||||||||||||||||
Operating Income | 507.5 | (305.8 | ) | 813.3 | 565.3 | (82.2 | ) | 647.5 | 288.3 | (327.9 | ) | 616.2 | ||||||||||||||||||||||||
Interest expense | 90.1 | 0.0 | 90.1 | 110.8 | 0.0 | 110.8 | 131.6 | 0.0 | 131.6 | |||||||||||||||||||||||||||
Interest (income) | (8.0 | ) | 0.0 | (8.0 | ) | (12.7 | ) | 0.0 | (12.7 | ) | (5.5 | ) | 0.0 | (5.5 | ) | |||||||||||||||||||||
Other non-operating (income)/expense, net | 0.3 | 0.0 | 0.3 | 7.7 | 0.0 | 7.7 | (8.0 | ) | 0.0 | (8.0 | ) | |||||||||||||||||||||||||
Income Before Income Taxes | 425.1 | (305.8 | ) | 730.9 | 459.5 | (82.2 | ) | 541.7 | 170.2 | (327.9 | ) | 498.1 | ||||||||||||||||||||||||
Provision for income taxes | 135.3 | (71.0 | ) | 206.3 | 131.2 | (21.0 | ) | 152.2 | 61.8 | (73.6 | ) | 135.4 | ||||||||||||||||||||||||
Income From Continuing Operations | 289.8 | (234.8 | ) | 524.6 | 328.3 | (61.2 | ) | 389.5 | 108.4 | (254.3 | ) | 362.7 | ||||||||||||||||||||||||
Loss from discontinued operations, net of tax | (467.9 | ) | (467.9 | ) | 0.0 | (122.2 | ) | (122.2 | ) | 0.0 | (190.8 | ) | (190.8 | ) | 0.0 | |||||||||||||||||||||
Loss from extraordinary item, net of tax | (4.6 | ) | (4.6 | ) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||||||||||||||||||||
Net Income (Loss) | $ | (182.7 | ) | $ | (707.3 | ) | $ | 524.6 | $ | 206.1 | $ | (183.4 | ) | $ | 389.5 | $ | (82.4 | ) | $ | (445.1 | ) | $ | 362.7 | |||||||||||||
Income (Loss) Per Share—Basic | ||||||||||||||||||||||||||||||||||||
Income from continuing operations | $ | 0.76 | $ | (0.63 | ) | $ | 1.39 | $ | 0.82 | $ | (0.16 | ) | $ | 0.98 | $ | 0.25 | $ | (0.62 | ) | $ | 0.87 | |||||||||||||||
Loss from discontinued operations | (1.27 | ) | (1.27 | ) | 0.00 | (0.31 | ) | (0.31 | ) | 0.00 | (0.46 | ) | (0.46 | ) | 0.00 | |||||||||||||||||||||
Loss from extraordinary item | (0.01 | ) | (0.01 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||||
| $ | (0.52 | ) | $ | (1.91 | ) | $ | 1.39 | $ | 0.51 | $ | (0.47 | ) | $ | 0.98 | $ | (0.21 | ) | $ | (1.08 | ) | $ | 0.87 | ||||||||||||||
Average Number of Common Shares Outstanding—Basic | 369.9 | 369.9 | 369.9 | 390.2 | 390.2 | 390.2 | 414.2 | 414.2 | 414.2 | |||||||||||||||||||||||||||
Income (Loss) Per Share—Diluted | ||||||||||||||||||||||||||||||||||||
Income from continuing operations | $ | 0.74 | $ | (0.62 | ) | $ | 1.36 | $ | 0.76 | $ | (0.14 | ) | $ | 0.90 | $ | 0.25 | $ | (0.59 | ) | $ | 0.84 | |||||||||||||||
Loss from discontinued operations | (1.24 | ) | (1.24 | ) | 0.00 | (0.29 | ) | (0.29 | ) | 0.00 | (0.45 | ) | (0.45 | ) | 0.00 | |||||||||||||||||||||
Loss from extraordinary item | (0.01 | ) | (0.01 | ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||||||||
| $ | (0.51 | ) | $ | (1.87 | ) | $ | 1.36 | $ | 0.47 | $ | (0.43 | ) | $ | 0.90 | $ | (0.20 | ) | $ | (1.04 | ) | $ | 0.84 | ||||||||||||||
Average Number of Common and Common Equivalent Shares Outstanding—Diluted | 378.7 | 378.7 | 378.7 | 421.7 | 421.7 | 421.7 | 425.3 | 425.3 | 425.3 | |||||||||||||||||||||||||||
| Segment Income: | ||||||||||||
Domestic | ||||||||||||
Mattel Brands | $ | 399.7 | $ | 0.0 | $ | 399.7 | ||||||
Fisher-Price Brands | 144.9 | 0.0 | 144.9 | |||||||||
American Girl Brands | 31.2 | 0.0 | 31.2 | |||||||||
| 575.8 | 0.0 | 575.8 | ||||||||||
International | 190.9 | 0.0 | 190.9 | |||||||||
| 766.7 | 0.0 | 766.7 | ||||||||||
Amortization of goodwill | (46.8 | ) | (46.8 | ) | 0.0 | |||||||
Corporate and other expense | (431.6 | ) | (281.1 | ) | (150.5 | ) | ||||||
Operating Income | $ | 288.3 | $ | (327.9 | ) | $ | 616.2 | |||||
| (a) | Reported in accordance with generally accepted accounting principles. |
| (b) | Pro forma financial information is presented to facilitate year-to-year comparisons of results of continuing operations, excluding goodwill amortization, restructuring, non-recurring and special charges. |
| Note—Certain financial information for prior years has been reclassified to conform to the current year’s presentation. |
