Mattel 2003 Annual Report Download - page 111

Download and view the complete annual report

Please find page 111 of the 2003 Mattel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 118

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118

EXHIBIT 11.0
(Page 1 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)
BASIC 2003 2002 2001 2000 1999
Income from continuing operations ......... $537,632 $ 455,042 $310,920 $ 170,177 $ 108,387
Deduct: dividends on convertible preferred
stock ............................... — — — — (3,980)
Income available to common stockholders . . . 537,632 455,042 310,920 170,177 104,407
Gain (loss) from discontinued operations, net
of tax ............................... — 27,253 — (601,146) (190,760)
Cumulative effect of change in accounting
principles, net of tax ................... — (252,194) (12,001) — —
Net income (loss) applicable to common
shares .............................. $537,632 $ 230,101 $298,919 $(430,969) $ (86,353)
Applicable Shares for Computation of Income
(Loss) per Share:
Weighted average common shares
outstanding .......................... 437,020 435,790 430,983 426,166 414,186
Basic Income (Loss) Per Common Share:
Income from continuing operations ......... $ 1.23 $ 1.04 $ 0.72 $ 0.40 $ 0.25
Gain (loss) from discontinued operations .... — 0.06 — (1.41) (0.46)
Cumulative effect of change in accounting
principles ........................... — (0.58) (0.03) — —
Net income (loss) per common share ........ $ 1.23 $ 0.52 $ 0.69 $ (1.01) $ (0.21)
(a) Consolidated financial information for 1999 has been restated retroactively for the effects of the May 1999
merger with The Learning Company, Inc. ("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 statements of operations were reclassified to segregate the operating
results of the Consumer Software segment.
(b) Per share data reflect the retroactive effect of the merger with Learning Company in 1999.