Mattel 2002 Annual Report Download - page 107

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EXHIBIT 11.0
(Page 2 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND COMMON EQUIVALENT SHARE
(In thousands, except per share amounts)
For the Year Ended December 31, (a)(b)
DILUTED 2002 2001 2000 1999 1998
Income from continuing operations .......... $455,042 $310,920 $ 170,177 $ 108,387 $ 328,253
Deduct: dividends on convertible preferred
stock ................................ — — — (3,980) (7,960)
Income available to common stockholders ..... 455,042 310,920 170,177 104,407 320,293
Gain (loss) from discontinued operations, net of
tax .................................. 27,253 — (601,146) (190,760) (122,200)
Cumulative effect of change in accounting
principlesnetoftax..................... (252,194) (12,001) — — —
Net income (loss) applicable to common
shares ................................ $230,101 $298,919 $(430,969) $ (86,353) $ 198,093
Applicable Shares for Computation of Income
(Loss) Per Share:
Weighted average common shares
outstanding ........................... 435,790 430,983 426,166 414,186 390,210
Weighted average common equivalent shares
arising from: ..........................
Dilutivestockoptions ................... 5,355 4,765 960 3,920 8,501
Assumed conversion of convertible preferred
stock .............................. — — — 6,510 18,000
Stock subscription and other warrants ...... 147 418 — 606 4,812
Nonvested stock ....................... — — — 59 184
Weighted average number of common and
common equivalent shares ............... 441,292 436,166 427,126 425,281 421,707
Diluted Income (Loss) Per Common Share:
Income from continuing operations .......... $ 1.03 $ 0.71 $ 0.40 $ 0.25 $ 0.76
Gain (loss) from discontinued operations ...... 0.06 — (1.41) (0.45) (0.29)
Cumulative effect of change in accounting
principles............................. (0.57) (0.03) — — —
Netincome(loss)percommonshare ......... $ 0.52 $ 0.68 $ (1.01) $ (0.20) $ 0.47
(a) Consolidated financial information for 1998 and 1999 has been restated retroactively for the effects of the
May 1999 merger with Learning Company, accounted for as a pooling of interests. As more fully described
in Note 14 to the Consolidated Financial Statements, the Consumer Software segment, which was comprised
primarily of Learning Company, was reported as a discontinued operation effective March 31, 2000, and
the consolidated financial statements were reclassified to segregate the net investment in, and the liabilities
and operating results of, the Consumer Software segment.
(b) Per share data reflect the retroactive effect of the merger with Learning Company in 1999.