MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0
(Page 1 of 2)
COMPUTATION OF INCOME PER COMMON AND COMMON EQUIVALENT SHARE
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(In thousands, except per share amounts)
For the For the
Three Months Ended Nine Months Ended
---------------------- ----------------------
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
PRIMARY 1994 1993 1994 1993
- ------- --------- --------- --------- ---------
Income before cumulative effect of changes in
accounting principles $ 131,820 $ 104,656 $ 212,971 $ 163,906
Add: Interest savings, net of tax, applicable
to assumed exercise of Fisher-Price warrants - 160 - 481
Less: Dividends on convertible preference stock (1,152) (1,224) (3,598) (3,671)
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Income, before cumulative effect of changes in
accounting principles, applicable to common shares 130,668 103,592 209,373 160,716
Cumulative effect of changes in accounting principles - - - (4,022)
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Net income applicable to common shares $ 130,668 $ 103,592 $ 209,373 $ 156,694
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Applicable Shares for Computation of Income per Share:
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Weighted average common shares outstanding 178,503 167,530 176,007 167,757
Weighted average common equivalent shares arising from:
Dilutive stock options 1,524 1,835 2,142 1,793
Fisher-Price warrants 573 1,076 681 1,076
Restricted stock 144 168 103 267
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Weighted average number of common and common
equivalent shares 180,744 170,609 178,933 170,893
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Income Per Common Share:
- ------------------------
Income per share before cumulative effect of changes in
accounting principles $ 0.72 $ 0.61 $ 1.17 $ 0.94
Cumulative effect of changes in accounting principles - - - (0.02)
--------- --------- --------- ---------
Net income per common share $ 0.72 $ 0.61 $ 1.17 $ 0.92
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MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0
(Page 2 of 2)
COMPUTATION OF INCOME PER COMMON AND COMMON EQUIVALENT SHARE
------------------------------------------------------------
(In thousands, except per share amounts)
For the For the
Three Months Ended (a) Nine Months Ended (a)
---------------------- ----------------------
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
FULLY DILUTED 1994 1993 1994 1993
- ------------- --------- --------- --------- ---------
Income before cumulative effect of changes in
accounting principles $ 131,820 $ 104,656 $ 212,971 $ 163,906
Add: Interest savings, net of tax, applicable to:
Assumed conversion of 8% convertible debentures - 1,336 628 4,005
Assumed exercise of Fisher-Price warrants - 160 - 481
Less: Impact of required ESOP dividends or
contributions upon conversion (1,152) (1,224) (3,598) (3,671)
--------- --------- --------- ---------
Income, before cumulative effect of changes in
accounting principles, applicable to common shares 130,668 104,928 210,001 164,721
Cumulative effect of changes in accounting principles - - - (4,022)
--------- --------- --------- ---------
Net income applicable to common shares $ 130,668 $ 104,928 $ 210,001 $ 160,699
========= ========= ========= =========
Applicable Shares for Computation of Income per Share:
- ------------------------------------------------------
Weighted average common shares outstanding 178,503 167,530 176,007 167,757
Weighted average common equivalent shares arising from:
Assumed conversion of 8% convertible debentures - 7,793 1,385 7,793
Assumed conversion of convertible preference stock 1,564 1,620 1,601 1,620
Dilutive stock options 1,524 2,101 2,390 2,348
Fisher-Price warrants 573 1,076 697 1,076
Restricted stock 148 216 148 375
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 182,312 180,336 182,228 180,969
========= ========= ========= =========
Income Per Common Share:
- ------------------------
Income per share before cumulative effect of changes in
accounting principles $ 0.72 $ 0.58 $ 1.15 $ 0.91
Cumulative effect of changes in accounting principles - - - (0.02)
--------- --------- --------- ---------
Net income per common share $ 0.72 $ 0.58 $ 1.15 $ 0.89
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