Mattel 2014 Annual Report Download - page 92

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During 2013, Mattel repaid the remaining $350.0 million of its 2008 Senior Notes in connection with their
scheduled maturity. During 2013, Mattel repaid $50.0 million of its Medium-term notes in connection with their
scheduled maturities.
The aggregate amount of long-term debt maturing in the next five years and thereafter is as follows:
2010
Senior
Notes
2011
Senior
Notes
2013
Senior
Notes
2014
Senior
Notes Total
(In thousands)
2015 ................................ $ — $ — $ — $ — $ —
2016 ................................ — 300,000 — — 300,000
2017 ................................—————
2018 ................................ — — 250,000 — 250,000
2019 ................................———500,000 500,000
Thereafter ........................... 500,000 300,000 250,000 — 1,050,000
$ 500,000 $ 600,000 $ 500,000 $ 500,000 $2,100,000
Note 6—Stockholders’ Equity
Preference Stock
Mattel is authorized to issue up to 20.0 million shares of $0.01 par value preference stock, of which none is
currently outstanding.
Preferred Stock
Mattel is authorized to issue up to 3.0 million shares of $1.00 par value preferred stock, of which none is
currently outstanding.
Common Stock Repurchase Program
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. Mattel’s share repurchase
program was first announced on July 21, 2003. On July 17, 2013, the Board of Directors authorized Mattel to
increase its share repurchase program by $500.0 million. At December 31, 2014, share repurchase authorizations
of $203.0 million had not been executed. Repurchases will take place from time to time, depending on market
conditions. Mattel’s share repurchase program has no expiration date.
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.
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