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, 1999 1998 --------- --------- BASIC - ----- Net (loss) income $(17,856) $12,669 Less: Dividends on convertible preferred stock (1,990) (1,990) -------- ------- Net (loss) income applicable to common shares $(19,846) $10,679 ======== ======= Applicable Shares for Computation of (Loss) Income per Share: Weighted average common shares outstanding 286,153 293,048 ======== ======= Basic (Loss) Income Per Common Share: Net (loss) income per common share $(0.07) $0.04 ======== ======= 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, 1999 1998 --------- --------- DILUTED - ------- Net (loss) income $(17,856) $12,669 Less: Dividends on convertible preferred stock (1,990) (1,990) -------- ------- Net (loss) income applicable to common shares $(19,846) $10,679 ======== ======= Applicable Shares for Computation of (Loss) Income per Share: Weighted average common shares outstanding 286,153 293,048 Weighted average common equivalent shares arising from: Dilutive stock options - 4,422 Assumed conversion of Series C convertible preferred stock - - Disney warrant - 29 Stock subscription warrants - 665 -------- ------- Weighted average number of common and common equivalent shares 286,153 298,164 ======== ======= Diluted (Loss) Income Per Common Share: Net (loss) income per common share $(0.07) $0.04 ======== =======