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)
(Unaudited) For the Three Months Ended | (Unaudited) For the Nine Months Ended | ||||||||||||
Sept. 30, 2003 | Sept. 30, 2002 | Sept. 30, 2003 | Sept. 30, 2002 | ||||||||||
BASIC | |||||||||||||
Income from continuing operations | $ | 270,031 | $ | 253,321 | $ | 323,766 | $ | 268,948 | |||||
Gain from discontinued operations | — | 27,253 | — | 27,253 | |||||||||
Cumulative effect of change in accounting principles | — | — | — | (252,194 | ) | ||||||||
Net income applicable to common shares | $ | 270,031 | $ | 280,574 | $ | 323,766 | $ | 44,007 | |||||
Applicable Shares for Computation of Income (Loss) per Share: | |||||||||||||
Weighted average common shares outstanding | 439,315 | 436,959 | 439,107 | 435,263 | |||||||||
Income (Loss) Per Common Share – Basic | |||||||||||||
Income from continuing operations | $ | 0.61 | $ | 0.58 | $ | 0.74 | $ | 0.62 | |||||
Gain from discontinued operations | — | 0.06 | — | 0.06 | |||||||||
Cumulative effect of change in accounting principles | — | — | — | (0.58 | ) | ||||||||
Net income per common share | $ | 0.61 | $ | 0.64 | $ | 0.74 | $ | 0.10 | |||||
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)
(Unaudited) For the Three Months Ended | (Unaudited) For the Nine Months Ended | ||||||||||||
Sept. 30, 2003 | Sept. 30, 2002 | Sept. 30, 2003 | Sept. 30, 2002 | ||||||||||
DILUTED | |||||||||||||
Income from continuing operations | $ | 270,031 | $ | 253,321 | $ | 323,766 | $ | 268,948 | |||||
Gain from discontinued operations | — | 27,253 | — | 27,253 | |||||||||
Cumulative effect of change in accounting principles | — | — | — | (252,194 | ) | ||||||||
Net income applicable to common shares | $ | 270,031 | $ | 280,574 | $ | 323,766 | $ | 44,007 | |||||
Applicable Shares for Computation of Income (Loss) per Share: | |||||||||||||
Weighted average common shares outstanding | 439,315 | 436,959 | 439,107 | 435,263 | |||||||||
Weighted average common equivalent shares arising from: | |||||||||||||
Dilutive stock options | 4,689 | 5,192 | 5,425 | 5,511 | |||||||||
Stock subscription warrants | — | — | — | 196 | |||||||||
Weighted average number of common and common equivalent shares | 444,004 | 442,151 | 444,532 | 440,970 | |||||||||
Income (Loss) Per Common Share – Diluted | |||||||||||||
Income from continuing operations | $ | 0.61 | $ | 0.57 | $ | 0.73 | $ | 0.61 | |||||
Gain from discontinued operations | — | 0.06 | — | 0.06 | |||||||||
Cumulative effect of change in accounting principles | — | — | — | (0.57 | ) | ||||||||
Net income per common share | $ | 0.61 | $ | 0.63 | $ | 0.73 | $ | 0.10 | |||||