EXHIBIT 11.0
(Page 1 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND COMMON EQUIVALENT SHARE
For the Year Ended December 31, (a) | ||||||||||||||||||
BASIC | 2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||||
(In thousands, except per share amounts) | ||||||||||||||||||
Income from continuing operations | $ | 572,723 | $ | 537,632 | $ | 455,042 | $ | 310,920 | $ | 170,177 | ||||||||
Gain (loss) from discontinued operations, net of tax | — | — | 27,253 | — | (601,146 | ) | ||||||||||||
Cumulative effect of change in accounting principles, net of tax | — | — | (252,194 | ) | (12,001 | ) | — | |||||||||||
Net income (loss) applicable to common shares | $ | 572,723 | $ | 537,632 | $ | 230,101 | $ | 298,919 | $ | (430,969 | ) | |||||||
Applicable Shares for Computation of Net Income (Loss) Per Share: | ||||||||||||||||||
Weighted average common shares outstanding | 419,235 | 437,020 | 435,790 | 430,983 | 426,166 | |||||||||||||
Net Income (Loss) Per Common Share—Basic: | ||||||||||||||||||
Income from continuing operations | $ | 1.37 | $ | 1.23 | $ | 1.04 | $ | 0.72 | $ | 0.40 | ||||||||
Gain (loss) from discontinued operations | — | — | 0.06 | — | (1.41 | ) | ||||||||||||
Cumulative effect of change in accounting principles | — | — | (0.58 | ) | (0.03 | ) | — | |||||||||||
Net income (loss) per common share | $ | 1.37 | $ | 1.23 | $ | 0.52 | $ | 0.69 | $ | (1.01 | ) | |||||||
(a) | As more fully described in Note 14 to the consolidated financial statements, the Consumer Software segment, which was comprised primarily of Learning Company, was reported as a discontinued operation effective March 31, 2000, and the consolidated statements of income were reclassified to segregate the operating results of the Consumer Software segment. |
EXHIBIT 11.0
(Page 2 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND COMMON EQUIVALENT SHARE
For the Year Ended December 31, (a) | ||||||||||||||||||
DILUTED | 2004 | 2003 | 2002 | 2001 | 2000 | |||||||||||||
(In thousands, except per share amounts) | ||||||||||||||||||
Income from continuing operations | $ | 572,723 | $ | 537,632 | $ | 455,042 | $ | 310,920 | $ | 170,177 | ||||||||
Gain (loss) from discontinued operations, net of tax | — | — | 27,253 | — | (601,146 | ) | ||||||||||||
Cumulative effect of change in accounting principles, net of tax | — | — | (252,194 | ) | (12,001 | ) | — | |||||||||||
Net income (loss) applicable to common shares | $ | 572,723 | $ | 537,632 | $ | 230,101 | $ | 298,919 | $ | (430,969 | ) | |||||||
Applicable Shares for Computation of Net Income (Loss) Per Share: | ||||||||||||||||||
Weighted average common shares outstanding | 419,235 | 437,020 | 435,790 | 430,983 | 426,166 | |||||||||||||
Weighted average common equivalent shares arising from: | ||||||||||||||||||
Dilutive stock options | 3,858 | 5,211 | 5,355 | 4,765 | 960 | |||||||||||||
Stock subscription and other warrants | — | — | 147 | 418 | — | |||||||||||||
Weighted average number of common and common equivalent shares | 423,093 | 442,231 | 441,292 | 436,166 | 427,126 | |||||||||||||
Net Income (Loss) Per Common Share—Diluted: | ||||||||||||||||||
Income from continuing operations | $ | 1.35 | $ | 1.22 | $ | 1.03 | $ | 0.71 | $ | 0.40 | ||||||||
Gain (loss) from discontinued operations | — | — | 0.06 | — | (1.41 | ) | ||||||||||||
Cumulative effect of change in accounting principles | — | — | (0.57 | ) | (0.03 | ) | — | |||||||||||
Net income (loss) per common share | $ | 1.35 | $ | 1.22 | $ | 0.52 | $ | 0.68 | $ | (1.01 | ) | |||||||
(a) | As more fully described in Note 14 to the consolidated financial statements, the Consumer Software segment, which was comprised primarily of Learning Company, was reported as a discontinued operation effective March 31, 2000, and the consolidated statements of income were reclassified to segregate the operating results of the Consumer Software segment. |