Mattel 2009 Annual Report Download - page 75
Download and view the complete annual report
Please find page 75 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
 |
 |
In October 2008, Mattel acquired Sekkoia SAS, which owns the Blokus®trademark and trade name rights,
for $35.1 million, including acquisition costs. In connection with the acquisition, Mattel recorded goodwill and
amortizable identifiable intangible assets totaling $18.1 million and $22.9 million, respectively.
In August 2008, Mattel acquired the intellectual property rights related to Whac-a-Mole®for $23.5 million,
including acquisition costs, which is included within amortizable identifiable intangibles.
Note 3—Income Taxes
Consolidated pre-tax income consists of the following:
For the Year
2009 2008 2007
(In thousands)
US operations ................................................... $107,593 $ (37,808) $ 14,745
Foreign operations ............................................... 552,454 525,772 688,653
$660,047 $487,964 $703,398
The provision (benefit) for current and deferred income taxes consists of the following:
For the Year
2009 2008 2007
(In thousands)
Current
Federal .................................................... $ 9,251 $ 2,230 $ (36,626)
State ...................................................... 9,975 (1,790) (1,143)
Foreign .................................................... 134,088 121,423 118,140
153,314 121,863 80,371
Deferred
Federal .................................................... 564 (15,043) 3,055
State ...................................................... (8,828) 151 11,039
Foreign .................................................... (13,707) 1,357 8,940
(21,971) (13,535) 23,034
Provision for income taxes ......................................... $131,343 $108,328 $103,405
65