Mattel 2015 Annual Report Download - page 13

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9
Cosmetics Act and the regulations promulgated pursuant to such statutes. These statutes and the related regulations ban from
the market consumer products that fail to comply with applicable product safety laws, regulations, and standards. The
Consumer Product Safety Commission may require the recall, repurchase, replacement, or repair of any such banned products
or products that otherwise create a substantial risk of injury and may seek penalties for regulatory noncompliance under certain
circumstances. Similar laws exist in some US states. Mattel believes that it is in substantial compliance with these federal and
state laws and regulations.
Mattel’s products sold worldwide are subject to the provisions of similar laws and regulations in many jurisdictions,
including the European Union and Canada. Mattel believes that it is in substantial compliance with these laws and regulations.
Mattel maintains a quality control program to help ensure compliance with applicable product safety requirements.
Nonetheless, Mattel has experienced, and may in the future experience, issues in products that result in recalls, withdrawals, or
replacements of products. A product recall could have a material adverse effect on Mattel’s results of operations and financial
condition, depending on the product affected by the recall and the extent of the recall efforts required. A product recall could
also negatively affect Mattel’s reputation and the sales of other Mattel products. See Item 1A “Risk Factors.”
Mattel’s advertising is subject to the Federal Trade Commission Act, The Children’s Television Act of 1990, the rules and
regulations promulgated by the Federal Trade Commission, and the Federal Communications Commission, as well as laws of
certain countries that regulate advertising and advertising to children. In addition, Mattel’s online and other digital
communications activity are or may be subject to US and foreign privacy-related regulations, including the US Children’s
Online Privacy Protection Act of 1998 and the EU Data Protection Directive (Directive 95/46/EC) and related national
regulations. Mattel believes that it is in substantial compliance with these laws and regulations.
Mattel’s worldwide operations are subject to the requirements of various environmental laws and regulations in the
jurisdictions where those operations are located. Mattel believes that it is in substantial compliance with those laws and
regulations. Mattel’s operations are from time to time the subject of investigations, conferences, discussions, and negotiations
with various federal, state and local environmental agencies within and outside the US with respect to the discharge or cleanup
of hazardous waste. Mattel is not aware of any material cleanup liabilities.
Mattel is subject to various other federal, state, local and international laws and regulations applicable to its business.
Mattel believes that it is in substantial compliance with these laws and regulations.
Employees
The total number of persons employed by Mattel and its subsidiaries at any one time varies because of the seasonal
nature of its manufacturing operations. As of December 31, 2015, Mattel’s total number of employees was approximately
31,000.
Research and Development
See “Design and Development” in Part II, Item 8 “Financial Statements and Supplementary Data—Note 13 to the
Consolidated Financial Statements—Supplemental Financial Information.”
Available Information
Mattel files its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, Proxy
Statements and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934 (the “Exchange Act”) with the SEC. The public may read and copy any materials that Mattel files with the SEC at
the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. The public may obtain information on the
operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet website that
contains reports, proxy and other information regarding issuers that file electronically with the SEC at http://www.sec.gov.
Mattel’s Internet website address is http://corporate.mattel.com. Mattel makes available on its Internet website, free of
charge, its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, Proxy Statements
and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as
reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.