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, 2013 | For the Years Ended December 31, | ||||||||||||||||||||||
| 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||||||
Income from continuing operations before income taxes | $ | 637,237 | $ | 945,045 | $ | 970,673 | $ | 846,825 | $ | 660,047 | $ | 487,964 | ||||||||||||
Add: Non-controlling interest losses in consolidated subsidiaries | — | — | — | — | 222 | 262 | ||||||||||||||||||
Add: | ||||||||||||||||||||||||
Interest expense | 58,172 | 88,835 | 75,332 | 64,839 | 71,843 | 81,944 | ||||||||||||||||||
Appropriate portion of rents (a) | 26,715 | 33,736 | 30,696 | 34,544 | 34,439 | 29,833 | ||||||||||||||||||
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Earnings available for fixed charges | $ | 722,124 | $ | 1,067,616 | $ | 1,076,701 | $ | 946,208 | $ | 766,551 | $ | 600,003 | ||||||||||||
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Fixed Charges: | ||||||||||||||||||||||||
Interest expense | $ | 58,172 | $ | 88,835 | $ | 75,332 | $ | 64,839 | $ | 71,843 | $ | 81,944 | ||||||||||||
Appropriate portion of rents (a) | 26,175 | 33,736 | 30,696 | 34,544 | 34,439 | 29,833 | ||||||||||||||||||
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Fixed charges | $ | 84,347 | $ | 122,571 | $ | 106,028 | $ | 99,383 | $ | 106,282 | $ | 111,777 | ||||||||||||
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Ratio of earnings to fixed charges | 8.56 X | 8.71 X | 10.15 X | 9.52 X | 7.21 X | 5.37 X | ||||||||||||||||||
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| (a) | Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense. |
