Mattel 2009 Annual Report Download - page 110
Download and view the complete annual report
Please find page 110 of the 2009 Mattel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
 |
 |
Note 16—Supplemental Financial Information
December 31,
2009 2008
(In thousands)
Inventories include the following:
Raw materials and work in process ................................... $ 47,991 $ 57,311
Finished goods ................................................... 307,672 428,614
$ 355,663 $ 485,925
Property, plant, and equipment, net include the following:
Land ........................................................... $ 26,664 $ 26,499
Buildings ........................................................ 242,360 237,561
Machinery and equipment .......................................... 775,129 758,656
Tools, dies, and molds ............................................. 577,418 544,789
Capital leases .................................................... 23,271 23,271
Leasehold improvements ........................................... 178,218 162,288
1,823,060 1,753,064
Less: accumulated depreciation .................................. (1,318,252) (1,216,902)
$ 504,808 $ 536,162
Other noncurrent assets include the following:
Deferred income taxes ............................................. $ 481,240 $ 524,451
Identifiable intangibles (net of amortization of $69.5 million and $61.8 million
in 2009 and 2008, respectively) .................................... 93,546 107,447
Nonamortizable identifiable intangibles ................................ 122,223 128,382
Other ........................................................... 195,651 175,944
$ 892,660 $ 936,224
Accrued liabilities include the following:
Incentive compensation ............................................ $ 100,200 $ 15,442
Royalties ........................................................ 73,467 86,152
Taxes other than income taxes ....................................... 70,817 39,770
Advertising and promotion .......................................... 47,913 56,941
Receivable collections due bank ..................................... 2,748 82,245
Other ........................................................... 322,736 368,833
$ 617,881 $ 649,383
Other noncurrent liabilities include the following:
Benefit plan liabilities .............................................. $ 255,234 $ 286,557
Noncurrent tax liabilities ........................................... 108,600 132,744
Other ........................................................... 124,858 128,629
$ 488,692 $ 547,930
For the Year
2009 2008 2007
(In thousands)
Currency transaction (gains)/losses included in:
Operating income .......................................... $(78,732) $(123,972) $ (95,921)
Other non-operating expense (income), net ...................... 4,828 (7,736) (12,875)
Net transaction (gains) ................................... $(73,904) $(131,708) $(108,796)
Other selling and administrative expenses include the following:
Design and development ..................................... $171,279 $ 190,248 $ 189,407
Bad debt expense ........................................... 21,483 19,680 6,203
Identifiable intangible asset amortization ........................ 13,027 9,827 9,331
100