Mattel 2010 Annual Report Download - page 87

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Mattel’s medium-term notes bear interest at fixed rates ranging from 6.50% to 7.30%, with a weighted
average interest rate of 6.99% and 7.06% as of December 31, 2010 and 2009, respectively.
During 2010 and 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
maturities.
The aggregate amount of long-term debt maturing in the next five years and thereafter is as follows:
Medium-
Term
Notes
2006
Senior
Notes
2008
Senior
Notes
2010
Senior
Notes Total
(In thousands)
2011 ...................................... $ 50,000 $200,000 — — $ 250,000
2012 ...................................... 50,000———50,000
2013 ...................................... 50,000 — 350,000 — 400,000
2014 ......................................———— —
2015 ......................................———— —
Thereafter .................................———500,000 500,000
$150,000 $200,000 $350,000 $500,000 $1,200,000
Note 8—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 2010, Mattel repurchased 18.6 million shares of its common stock at a cost of $446.7 million.
During 2009, Mattel did not repurchase any shares of its common stock. During 2008, Mattel repurchased
4.9 million shares of its common stock at a cost of $90.6 million. During both 2010 and 2008, the Board of
Directors authorized Mattel to increase its share repurchase program by $500.0 million. At December 31, 2010,
share repurchase authorizations of $463.6 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
During 2010, 2009, and 2008, Mattel paid a dividend per share of $0.83, $0.75, and $0.75, respectively, 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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