Mattel 2004 Annual Report Download - page 96

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For the Year
2004 2003 2002
(In thousands)
Segment Income
Domestic:
Mattel Brands US ............................................ $326,317 $388,666 $445,982
Fisher-Price Brands US ....................................... 173,237 180,133 187,009
American Girl Brands ........................................ 77,501 61,968 58,106
Total Domestic .................................................. 577,055 630,767 691,097
International .................................................... 299,224 364,963 304,989
876,279 995,730 996,086
Corporate and other expense (a) ..................................... 145,462 210,020 262,545
Operating income ................................................ 730,817 785,710 733,541
Interest expense ................................................. 77,764 80,577 113,897
Interest (income) ................................................ (19,683) (18,966) (17,724)
Other non-operating (income) expense, net ............................ (23,518) (16,755) 15,871
Income from continuing operations before income taxes ................. $696,254 $740,854 $621,497
Depreciation/Amortization
Domestic:
Mattel Brands US ............................................ $ 48,304 $ 55,437 $ 65,001
Fisher-Price Brands US ....................................... 37,261 38,628 41,600
American Girl Brands ........................................ 15,166 16,979 18,338
Total Domestic .................................................. 100,731 111,044 124,939
International .................................................... 59,125 51,107 49,909
159,856 162,151 174,848
Corporate and other .............................................. 22,622 21,668 17,080
Depreciation and amortization from continuing operations ................ $182,478 $183,819 $191,928
(a) For 2004, corporate and other expense includes $16.2 million of charges related to severance. For 2003,
corporate and other expense includes $26.3 million of charges related to the financial realignment plan and
income of $7.9 million representing an adjustment to a reserve accrued in 1999 associated with the closure
of a manufacturing facility in Beaverton, Oregon. For 2002, corporate and other expense includes
$48.3 million of charges related to the financial realignment plan and a $25.4 million charge resulting from
the settlement of shareholder litigation related to the 1999 acquisition of Learning Company.
As of Year End
2004 2003
(In thousands)
Assets
Domestic:
Mattel Brands US .................................................... $ 319,351 $243,934
Fisher-Price Brands US ............................................... 177,508 149,158
American Girl Brands ................................................ 48,128 64,877
Total Domestic .......................................................... 544,987 457,969
International ............................................................ 588,144 434,286
1,133,131 892,255
Corporate and other ...................................................... 44,535 40,291
Accounts receivable and inventories from continuing operations ................... $1,177,666 $932,546
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