EXHIBIT 11.0 (Page 1 of 2) MATTEL, INC. AND SUBSIDIARIES COMPUTATION OF (LOSS) INCOME PER COMMON AND COMMON EQUIVALENT SHARE (In thousands, except per share amounts) For the Three Months Ended ---------------------- March 31, March 31, 2001 2000 --------- --------- BASIC - ----- Loss from continuing operations $(22,038) $ (44,630) Loss from discontinued operations - (126,606) Cumulative effect of change in accounting principles (12,001) - -------- --------- Net loss applicable to common shares $(34,039) $(171,236) ======== ========= Applicable Shares for Computation of Loss per Share: Weighted average common shares outstanding 429,936 425,495 ======== ========= Loss Per Common Share - Basic Loss from continuing operations $ (0.05) $ (0.10) Loss from discontinued operations - (0.30) Cumulative effect of change in accounting principles (0.03) - -------- -------- Net loss per common share $ (0.08) $ (0.40) ======== ======== EXHIBIT 11.0 (Page 2 of 2) MATTEL, INC. AND SUBSIDIARIES COMPUTATION OF (LOSS) INCOME PER COMMON AND COMMON EQUIVALENT SHARE (In thousands, except per share amounts) For the Three Months Ended --------------------- March 31, March 31, 2001 2000 --------- --------- DILUTED - ------- Loss from continuing operations $(22,038) $ (44,630) Loss from discontinued operations - (126,606) Cumulative effect of change in accounting principles (12,001) - -------- --------- Net loss applicable to common shares $(34,039) $(171,236) ======== ========= Applicable Shares for Computation of Loss per Share: Weighted average common shares outstanding 429,936 425,495 Weighted average common equivalent shares arising from: Dilutive stock options - - Stock warrants - - -------- --------- Weighted average number of common and common equivalent shares 429,936 425,495 ======== ========= Loss Per Common Share - Diluted Loss from continuing operations $ (0.05) $ (0.10) Loss from discontinued operations - (0.30) Cumulative effect of change in accounting principles (0.03) - -------- --------- Net loss per common share $ (0.08) $ (0.40) ======== =========