MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0
(Page 1 of 2)
COMPUTATION OF INCOME (LOSS) 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,
PRIMARY 1997 1996 1997 (a) 1996
- - ------- --------- --------- --------- ---------
Net income (loss) $ 75,634 $ 63,370 $(128,990) $ 83,904
Deduct: Dividends on convertible preferred stock (2,837) (889) (5,677) (1,716)
--------- --------- --------- ---------
Net income (loss) applicable to common shares $ 72,797 $ 62,481 $(134,667) $ 82,188
========= ========= ========= =========
Applicable Shares for Computation of Income (Loss)
per Share:
- - --------------------------------------------------
Weighted average common shares outstanding 291,737 292,890 290,069 293,131
Weighted average common equivalent shares arising from:
Dilutive stock options 3,352 3,500 - 3,628
Fisher-Price warrants 627 989 - 986
Nonvested stock - 537 - 600
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 295,716 297,916 290,069 298,345
========= ========= ========= =========
Income (Loss) Per Common Share:
- - -------------------------------
Net income (loss) per common share $ 0.25 $ 0.21 $ (0.46) $ 0.28
========= ========= ========= =========
(a) - Stock options and Fisher-Price warrants have been excluded from this calculation
because their impact is anti-dilutive.
MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0
(Page 2 of 2)
COMPUTATION OF INCOME (LOSS) 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 1997 (a) 1996 (b) 1997 (b) 1996 (b)
- - ------------- --------- --------- --------- ---------
Net income (loss) $ 75,634 $ 63,370 $(128,990) $ 83,904
Add: Interest savings, net of tax, applicable to:
Assumed conversion of 7% convertible subordinated
notes 182 182 364 364
--------- --------- --------- ---------
Net income (loss) applicable to common shares $ 75,816 $ 63,552 $(128,626) $ 84,268
========= ========= ========= =========
Applicable Shares for Computation of Income (Loss)
per Share:
- - --------------------------------------------------
Weighted average common shares outstanding 291,737 292,890 290,069 293,131
Weighted average common equivalent shares arising from:
Dilutive stock options 4,608 4,158 4,488 4,361
Assumed conversion of convertible preferred stock 10,493 2,953 10,493 2,829
Fisher-Price warrants 646 1,002 646 1,002
Assumed conversion of 7% convertible subordinated
notes 893 783 838 783
Nonvested stock - 570 - 692
--------- --------- --------- ---------
Weighted average number of common and common
equivalent shares 308,377 302,356 306,534 302,798
========= ========= ========= =========
Income (Loss) Per Common Share:
- - -------------------------------
Net income (loss) per common share $ 0.25 $ 0.21 $ (0.42) $ 0.28
========= ========= ========= =========
<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.