MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0 (Page 1 of 2) COMPUTATION OF INCOME PER COMMON AND COMMON EQUIVALENT SHARE ------------------------------------------------------------ (In thousands, except per share amounts) For The Three Months Ended ---------------------- March 31, March 31, PRIMARY 1995 1994 - ------- --------- --------- Net income $ 26,958 $ 24,069 Less: Dividends on convertible preference stock (1,099) (1,223) --------- --------- Net income applicable to common shares $ 25,859 $ 22,846 ========= ========= Applicable Shares for Computation of Income per Share: - ------------------------------------------------------ Weighted average common shares outstanding 220,961 215,311 Weighted average common equivalent shares arising from: Dilutive stock options 1,944 2,513 Fisher-Price warrants 702 926 Restricted stock 276 46 --------- --------- Weighted average number of common and common equivalent shares 223,883 218,796 ========= ========= Income Per Common Share: - ------------------------ Net income per common share $ 0.12 $ 0.10 ========= ========= 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 Three Months Ended ---------------------- March 31, March 31, FULLY DILUTED 1995 (a) 1994 (b) - ------------- --------- --------- Net income $ 26,958 $ 24,069 Add: Interest savings, net of tax, applicable to: Assumed conversion of 8% convertible debentures - 628 Less: Impact of required ESOP dividends or contributions upon conversion - (1,223) --------- --------- Net income applicable to common shares $ 26,958 $ 23,474 ========= ========= Applicable Shares for Computation of Income per Share: - ------------------------------------------------------ Weighted average common shares outstanding 220,961 215,311 Weighted average common equivalent shares arising from: Assumed conversion of 8% convertible debentures - 5,255 Dilutive stock options 2,617 3,600 Assumed conversion of convertible preference stock 738 2,026 Fisher-Price warrants 728 947 Restricted stock 309 61 --------- --------- Weighted average number of common and common equivalent shares 225,353 227,200 ========= ========= Income Per Common Share: - ------------------------ Net income per common share $ 0.12 $ 0.10 ========= ========= <FN> (a) This calculation is submitted in accordance with Regulation S-K, Item 601 (b)(11), although it is contrary to paragraph 40 of APB Opinion No. 15 because it produces an anti-dilutive result. (b) This calculation is submitted in accordance with Regulation S-K, Item 601 (b)(11), although not required by footnote 2 to paragraph 14 of APB Opinion No. 15 because it results in dilution of less than 3%.