Mattel 2014 Annual Report Download - page 30

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PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities.
Market Information
For information regarding the markets in which Mattel’s common stock, par value $1.00 per share, is traded,
see the cover page hereof. For information regarding the high and low closing prices of Mattel’s common stock
for the last two calendar years, see Item 8 “Financial Statements and Supplementary Data—Note 14 to the
Consolidated Financial Statements—Quarterly Financial Information (Unaudited).”
Holders of Record
As of February 13, 2015, Mattel had approximately 30,000 holders of record of its common stock.
Dividends
During 2014, 2013, and 2012, Mattel paid total dividends per share of $1.52, $1.44, and $1.24, respectively,
to holders of its common stock. The Board of Directors declared the dividends on a quarterly basis, and Mattel
paid the dividends during the quarters in which the dividends were declared. The payment of dividends on
common stock is at the discretion of the Board of Directors and is subject to customary limitations.
Under US federal income tax rules, corporate dividends are designated as a dividend or a non-dividend
distribution based on the applicable “earnings and profits” of the entity paying the dividend. Although Mattel has
significant retained earnings, these earnings do not constitute “earnings and profits” as defined in US federal tax
rules. Non-dividend distributions are considered a return of capital and are generally not taxable; however, the
recipient must adjust his cost basis to reflect the distribution. In 2014, based on assumptions by Mattel,
approximately 80% of the distribution is a non-dividend distribution for US federal income tax purposes. Mattel
expects more than 50% of its future dividends to be designated as a non-dividend distribution for US federal
income tax purposes, assuming no changes to current business operations or current tax laws.
Recent Sales of Unregistered Securities
During the fourth quarter of 2014, Mattel did not sell any unregistered securities.
Issuer Purchases of Equity Securities
During 2014, Mattel repurchased 4.9 million shares of its common stock at a cost of $177.2 million. During
2013, Mattel repurchased 11.0 million shares of its common stock at a cost of $469.2 million. During 2012,
Mattel repurchased 2.3 million shares of its common stock at a cost of $77.9 million.
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