EXHIBIT 12.0
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited; in thousands, except ratios) | For the Nine Months Ended September 30, 2010 | For the Years Ended December 31, | ||||||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||||||
Income from continuing operations before income taxes | $ | 441,978 | $ | 660,047 | $ | 487,964 | $ | 703,398 | $ | 683,756 | $ | 652,049 | ||||||||||||
Add: Non-controlling interest losses (income) in consolidated subsidiaries | 194 | 222 | 262 | 255 | 271 | 142 | ||||||||||||||||||
Add: | ||||||||||||||||||||||||
Interest expense | 40,910 | 71,843 | 81,944 | 70,974 | 79,853 | 76,490 | ||||||||||||||||||
Appropriate portion of rents (a) | 23,908 | 34,439 | 29,833 | 28,245 | 25,724 | 20,475 | ||||||||||||||||||
Earnings available for fixed charges | $ | 506,990 | $ | 766,551 | $ | 600,003 | $ | 802,872 | $ | 789,604 | $ | 749,156 | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 40,910 | $ | 71,843 | $ | 81,944 | $ | 70,974 | $ | 79,853 | $ | 76,490 | ||||||||||||
Appropriate portion of rents (a) | 23,908 | 34,439 | 29,833 | 28,245 | 25,724 | 20,475 | ||||||||||||||||||
Fixed charges | $ | 64,818 | $ | 106,282 | $ | 111,777 | $ | 99,219 | $ | 105,577 | $ | 96,965 | ||||||||||||
Ratio of earnings to fixed charges | 7.82 X | 7.21 X | 5.37 X | 8.09 X | 7.48 X | 7.73 X | ||||||||||||||||||
(a) | Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense. |