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 1996 1995 1996 1995
- ------- --------- --------- --------- ---------
Net income $ 168,007 $ 151,326 $ 264,185 $ 245,780
Deduct: Dividends on convertible preference stock - (1,099) - (3,297)
--------- --------- --------- ---------
Net income applicable to common shares $ 168,007 $ 150,227 $ 264,185 $ 242,483
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Applicable Shares for Computation of Income per Share:
- ------------------------------------------------------
Weighted average common shares outstanding 272,160 276,786 274,329 276,465
Weighted average common equivalent shares arising from:
Dilutive stock options 3,203 3,648 3,489 3,128
Fisher-Price warrants 983 952 985 917
Nonvested stock 593 518 592 454
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 276,939 281,904 279,395 280,964
========= ========= ========= =========
Income Per Common Share:
- ------------------------
Net income per common share $ 0.61 $ 0.53 $ 0.95 $ 0.86
========= ========= ========= =========
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 NINE MONTHS ENDED
---------------------- ----------------------
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
FULLY DILUTED 1996 (a) 1995 (b) 1996 (a) 1995 (b)
- ------------- --------- --------- --------- ---------
Net income applicable to common shares $ 168,007 $ 151,326 $ 264,185 $ 245,780
========= ========= ========= =========
Applicable Shares for Computation of Income per Share:
- ------------------------------------------------------
Weighted average common shares outstanding 272,160 276,786 274,329 276,465
Weighted average common equivalent shares arising from:
Dilutive stock options 3,210 3,789 3,504 4,074
Fisher-Price warrants 983 959 985 958
Assumed conversion of convertible preference stock - 923 - 923
Nonvested stock 627 541 708 541
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 276,980 282,998 279,526 282,961
========= ========= ========= =========
Income Per Common Share:
- ------------------------
Net income per common share $ 0.61 $ 0.53 $ 0.95 $ 0.87
========= ========= ========= =========
<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.