Mattel 2005 Annual Report Download - page 99

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Note 13—Quarterly Financial Information (Unaudited)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
(In thousands, except per share amounts)
Year Ended December 31, 2005
Net sales ........................................ $783,120 $886,823 $1,666,145 $1,842,928
Gross profit ...................................... 344,060 386,817 761,257 880,734
Advertising and promotion expenses .................. 87,709 93,116 191,607 256,683
Other selling and administrative expenses .............. 250,822 265,176 260,850 302,376
Operating income ................................. 5,529 28,525 308,800 321,675
Income before income taxes ......................... 8,948 26,006 311,339 305,756
Net income (loss) ................................. $ 6,507 $ (93,987) $ 225,339 $ 279,160
Net income (loss) per common share—basic ............ $ 0.02 $ (0.23) $ 0.56 $ 0.70
Weighted average number of common shares ........... 416,096 409,769 403,743 400,213
Net income (loss) per common share—diluted .......... $ 0.02 $ (0.23) $ 0.55 $ 0.69
Weighted average number of common and common
equivalent shares ............................... 421,105 409,769 407,222 402,507
Dividends declared per common share ................ $ — $ — $ — $ 0.50
Common stock market price:
High ......................................... $ 21.42 $ 21.00 $ 19.45 $ 17.00
Low.......................................... 18.35 17.60 16.39 14.53
Year Ended December 31, 2004
Net sales ........................................ $780,944 $804,002 $1,667,461 $1,850,379
Gross profit ...................................... 351,677 366,348 796,654 896,046
Advertising and promotion expenses .................. 87,418 84,421 192,088 279,040
Other selling and administrative expenses .............. 251,549 238,712 243,710 302,970
Operating income ................................. 12,710 43,215 360,856 314,036
Income before income taxes ......................... 12,404 32,490 351,119 300,241
Net income ...................................... $ 8,993 $ 23,555 $ 255,830 $ 284,345
Net income per common share—basic ................. $ 0.02 $ 0.06 $ 0.62 $ 0.69
Weighted average number of common shares ........... 428,169 419,177 414,592 415,100
Net income per common share—diluted ............... $ 0.02 $ 0.06 $ 0.61 $ 0.68
Weighted average number of common and common
equivalent shares ............................... 432,239 422,903 417,962 419,151
Dividends declared per common share ................ $ — $ — $ — $ 0.45
Common stock market price:
High ......................................... $ 19.50 $ 19.17 $ 18.29 $ 19.49
Low.......................................... 17.90 16.88 15.98 17.09
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