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 1996 1995 - ------- --------- --------- Net income $ 29,885 $ 26,958 Deduct: Dividends on convertible preference stock - (1,099) --------- --------- Net income applicable to common shares $ 29,885 $ 25,859 ========= ========= Applicable Shares for Computation of Income per Share: - ------------------------------------------------------ Weighted average common shares outstanding 276,349 276,201 Weighted average common equivalent shares arising from: Dilutive stock options 3,836 2,430 Fisher-Price warrants 986 877 Nonvested stock 665 345 --------- --------- Weighted average number of common and common equivalent shares 281,836 279,853 ========= ========= Income Per Common Share: - ------------------------ Net income per common share $ 0.11 $ 0.09 ========= ========= 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 1996 (a) 1995 (b) - ------------- --------- --------- Net income applicable to common shares $ 29,885 $ 26,958 ========= ========= Applicable Shares for Computation of Income per Share: - ------------------------------------------------------ Weighted average common shares outstanding 276,349 276,201 Weighted average common equivalent shares arising from: Dilutive stock options 3,999 3,271 Fisher-Price warrants 991 910 Assumed conversion of convertible preference stock - 923 Nonvested stock 696 386 --------- --------- Weighted average number of common and common equivalent shares 282,035 281,691 ========= ========= Income Per Common Share: - ------------------------ Net income per common share $ 0.11 $ 0.10 ========= ========= <FN> (a) 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%. (b) 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.