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 SIX MONTHS ENDED
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June 30, June 30, June 30, June 30,
PRIMARY 1996 1995 1996 1995
- ------- --------- --------- --------- ---------
Net income $ 66,293 $ 67,496 $ 96,178 $ 94,454
Deduct: Dividends on convertible preference stock - (1,099) - (2,198)
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Net income applicable to common shares $ 66,293 $ 66,397 $ 96,178 $ 92,256
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Applicable Shares for Computation of Income per Share:
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Weighted average common shares outstanding 275,868 276,402 276,109 276,302
Weighted average common equivalent shares arising from:
Dilutive stock options 3,500 2,966 3,628 2,677
Fisher-Price warrants 989 911 986 895
Nonvested stock 537 412 600 401
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Weighted average number of common and common
equivalent shares 280,894 280,691 281,323 280,275
========= ========= ========= =========
Income Per Common Share:
- ------------------------
Net income per common share $ 0.24 $ 0.24 $ 0.34 $ 0.33
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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 SIX MONTHS ENDED
---------------------- ----------------------
June 30, June 30, June 30, June 30,
FULLY DILUTED 1996 (a) 1995 (b) 1996 (a) 1995 (b)
- ------------- --------- --------- --------- ---------
Net income applicable to common shares $ 66,293 $ 67,496 $ 96,178 $ 94,454
========= ========= ========= =========
Applicable Shares for Computation of Income per Share:
- ------------------------------------------------------
Weighted average common shares outstanding 275,868 276,402 276,109 276,302
Weighted average common equivalent shares arising from:
Dilutive stock options 4,158 3,402 4,361 3,506
Fisher-Price warrants 1,002 929 1,002 929
Assumed conversion of convertible preference stock - 923 - 923
Nonvested stock 570 464 692 464
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 281,598 282,120 282,164 282,124
========= ========= ========= =========
Income Per Common Share:
- ------------------------
Net income per common share $ 0.24 $ 0.24 $ 0.34 $ 0.33
========= ========= ========= =========
<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.