Mattel 2009 Annual Report Download - page 91

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Mattel’s medium-term notes bear interest at fixed rates ranging from 6.50% to 7.40%, with a weighted
average interest rate of 7.06% and 7.12% as of December 31, 2009 and 2008, respectively. During 2009, Mattel
repaid $50.0 million of medium-term notes in connection with their maturities.
During 2009, Mattel repaid $100.0 million of the Floating Rate Senior Notes in connection with their
maturity.
The aggregate amount of long-term debt maturing in the next five years is as follows:
Medium-
Term
Notes
2006
Senior
Notes
2008
Senior
Notes Total
(In thousands)
2010 ................................................. $ 50,000 $ — $ — $ 50,000
2011 ................................................. 50,000 200,000 — 250,000
2012 ................................................. 50,000 — — 50,000
2013 ................................................. 50,000 — 350,000 400,000
$200,000 $200,000 $350,000 $750,000
Note 9—Stockholders’ Equity
Preference Stock
Mattel is authorized to issue up to 20.0 million shares of $0.01 par value preference stock, of which none is
currently outstanding.
Preferred Stock
Mattel is authorized to issue up to 3.0 million shares of $1.00 par value preferred stock, of which none is
currently outstanding.
Common Stock Repurchase Program
During 2009, Mattel did not repurchase any shares of its common stock. During 2008, Mattel repurchased
4.9 million shares at a cost of $90.6 million. During 2007, Mattel repurchased 35.9 million shares at a cost of
$806.3 million. During 2008 and 2007, the Board of Directors authorized Mattel to increase its share repurchase
program by $500.0 million and $750.0 million, respectively. At December 31, 2009, share repurchase
authorizations of $410.3 million had not been executed. Repurchases will take place from time to time,
depending on market conditions. Mattel’s share repurchase program has no expiration date.
Dividends
In 2009, 2008, and 2007, Mattel paid a dividend per share of $0.75 to holders of its common stock. The
Board of Directors declared the dividends in November of each year, and Mattel paid the dividends in December
of each year. The payment of dividends on common stock is at the discretion of the Board of Directors and is
subject to customary limitations.
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