Mattel 2002 Annual Report Download - page 91

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Note 13—Supplemental Financial Information
As of Year End
2002 2001
(In thousands)
Inventories include the following:
Raw materials and work in process ........................................ $ 34,324 $ 34,922
Finished goods ........................................................ 304,275 452,583
$338,599 $487,505
Prepaid expenses and other current assets include the following:
Prepaidincometaxes................................................... $120,353 $ 97,482
Receivables collections deposits with banks ................................. 80,690 64,269
Other ............................................................... 91,468 130,164
$292,511 $291,915
Other assets include the following:
Deferred income taxes .................................................. $513,153 $464,689
Other ............................................................... 254,785 267,192
$767,938 $731,881
Accrued liabilities include the following:
Receivable collections due to bank ........................................ $183,486 $131,399
Incentive compensation ................................................. 121,111 38,752
Royalties ............................................................ 118,791 109,724
Advertising and promotion .............................................. 102,398 85,722
Other ............................................................... 416,126 378,402
$941,912 $743,999
For the Year
2002 2001 2000
(In thousands)
Other selling and administrative expenses include the following:
Research and development ..................................... $159,496 $175,629 $179,525
Baddebtexpense ............................................ 53,365 57,746 18,280
Supplemental disclosure of cash flow information:
Cash paid during the year for:
Interest .................................................... $120,394 $157,926 $168,591
Incometaxes................................................ 108,250 61,438 44,839
Noncash investing and financing activities:
Marketable securities tendered for debt repayment .................. $ — $ 10,144 $ —
Liability for Pictionary®acquisition ............................. — 8,419 —
Receipt of marketable securities from sale of business ............... — — 42,167
Issuance of stock warrant ...................................... — — 5,789
Note 14—Discontinued Operations
In May 1999, Mattel merged with Learning Company, with Mattel being the surviving corporation. This
transaction was accounted for as a pooling of interests. On March 31, 2000, Mattel’s board of directors resolved
to dispose of its Consumer Software segment, which was comprised primarily of Learning Company. As a result
of this decision, the Consumer Software segment 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.
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