Mattel 2001 Annual Report Download - page 92

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MATTEL, INC. AND SUBSIDIARIES EXHIBIT 11.0
(Page 1 of 2)
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 2001 2000 1999 1998 1997
Income from continuing operations $310,920 $170,177 $108,387 $328,253 $289,794
Loss from discontinued operations - (601,146) (190,760) (122,200) (467,905)
Deduct: Dividends on convertible preferred stock - - (3,980) (7,960) (10,505)
Income (loss) before cumulative effect of change in accounting principles
and extraordinary item for computation of income per share 310,920 (430,969) (86,353) 198,093 (188,616)
Cumulative effect of change in accounting principles (12,001) - - - -
Extraordinary item - - - - (4,610)
Net income (loss) applicable to common shares $298,919 ($430,969) ($86,353) $198,093 ($193,226)
Applicable Shares for Computation of Income (Loss) per Share:
Weighted average common shares outstanding 430,983 426,166 414,186 390,210 369,870
Basic Income (Loss) Per Common Share:
Income from continuing operations $0.72 $0.40 $0.25 $0.82 $0.76
Loss from discontinued operations - (1.41) (0.46) (0.31) (1.27)
Cumulative effect of change in accounting principles (0.03) - - - -
Extraordinary item - - - - (0.01)
Net income (loss) per common share $0.69 ($1.01) ($0.21) $0.51 ($0.52)
(a) Consolidated financial information for 1997-1999 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 13 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.
Consolidated financial information for 1997 has been restated retroactively for the effects of the March 1997 merger with
Tyco Toys, Inc. ("Tyco"), accounted for as a pooling of interests.
(b) Per share data reflect the retroactive effect of the mergers with Learning Company and Tyco in 1999 and 1997, respectively.