Mattel 2004 Annual Report Download - page 117

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EXHIBIT 11.0
(Page 2 of 2)
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF INCOME (LOSS) PER COMMON AND COMMON EQUIVALENT SHARE
For the Year Ended December 31, (a)
DILUTED 2004 2003 2002 2001 2000
(In thousands, except per share amounts)
Income from continuing operations .............. $572,723 $537,632 $ 455,042 $310,920 $ 170,177
Gain (loss) from discontinued operations, net of
tax ..................................... — — 27,253 — (601,146)
Cumulative effect of change in accounting
principles, net of tax ....................... — — (252,194) (12,001) —
Net income (loss) applicable to common shares .... $572,723 $537,632 $ 230,101 $298,919 $(430,969)
Applicable Shares for Computation of Net
Income (Loss) Per Share:
Weighted average common shares outstanding .... 419,235 437,020 435,790 430,983 426,166
Weighted average common equivalent shares arising
from:
Dilutive stock options .................... 3,858 5,211 5,355 4,765 960
Stock subscription and other warrants ........ — — 147 418 —
Weighted average number of common and common
equivalent shares .......................... 423,093 442,231 441,292 436,166 427,126
Net Income (Loss) Per Common Share—Diluted:
Income from continuing operations .............. $ 1.35 $ 1.22 $ 1.03 $ 0.71 $ 0.40
Gain (loss) from discontinued operations ......... — — 0.06 — (1.41)
Cumulative effect of change in accounting
principles ................................ — — (0.57) (0.03) —
Net income (loss) per common share ............ $ 1.35 $ 1.22 $ 0.52 $ 0.68 $ (1.01)
(a) 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 income were reclassified to segregate the
operating results of the Consumer Software segment.