Mattel 2010 Annual Report Download - page 109
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Note 16—Supplemental Financial Information
December 31,
2010 2009
(In thousands)
Inventories include the following:
Raw materials and work in process ................................... $ 68,095 $ 47,991
Finished goods ................................................... 395,743 307,672
$ 463,838 $ 355,663
Property, plant, and equipment, net include the following:
Land ........................................................... $ 26,796 $ 26,664
Buildings ........................................................ 249,542 242,360
Machinery and equipment .......................................... 809,723 775,129
Tools, dies, and molds ............................................. 589,156 577,418
Capital leases .................................................... 23,271 23,271
Leasehold improvements ........................................... 177,141 178,218
1,875,629 1,823,060
Less: accumulated depreciation .................................. (1,390,924) (1,318,252)
$ 484,705 $ 504,808
Other noncurrent assets include the following:
Deferred income taxes ............................................. $ 477,320 $ 481,240
Nonamortizable identifiable intangibles ................................ 122,223 122,223
Identifiable intangibles (net of amortization of $64.2 million and $69.5 million
at December 31, 2010 and 2009, respectively) ........................ 91,359 93,546
Other ........................................................... 191,509 195,651
$ 882,411 $ 892,660
Accrued liabilities include the following:
Incentive compensation ............................................ $ 107,541 $ 100,200
Royalties ........................................................ 95,785 73,467
Taxes other than income taxes ....................................... 68,686 70,817
Advertising and promotion .......................................... 59,586 47,913
Other ........................................................... 310,613 325,484
$ 642,211 $ 617,881
Other noncurrent liabilities include the following:
Benefit plan liabilities .............................................. $ 257,195 $ 255,234
Noncurrent tax liabilities ........................................... 113,526 108,600
Other ........................................................... 118,146 124,858
$ 488,867 $ 488,692
For the Year
2010 2009 2008
(In thousands)
Currency transaction gains/(losses) included in:
Operating income ............................................ $ 39,376 $ 78,732 $123,972
Other non-operating (expense) income, net ........................ (2,972) (4,828) 7,736
Net transaction gains ..................................... $ 36,404 $ 73,904 $131,708
Other selling and administrative expenses include the following:
Design and development ...................................... $173,927 $171,279 $190,248
Identifiable intangible asset amortization ......................... 10,362 13,027 9,827
Bad debt expense ............................................ 4,464 21,483 19,680
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