Spreadsheet: 6630fe7f-aaf1-4060-8051-41fd169129d9
Sheet: Sheet1

MATTEL, INC. AND SUBSIDIARIES | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10 | Unnamed: 11 | Unnamed: 12 | Unnamed: 13 | Unnamed: 14 | Unnamed: 15 | Unnamed: 16 | Unnamed: 17 | Unnamed: 18 | Unnamed: 19 | Unnamed: 20 | Unnamed: 21 | Unnamed: 22 | Unnamed: 23 | Unnamed: 24 | Unnamed: 25 | Unnamed: 26
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE PERIOD 2006-2011
 |  |  |  | 2006 |  |  |  | 2007 |  |  |  | 2008 |  |  |  | 2009 |  |  |  | 2010 |  |  |  | 2011
 |  |  |  | $ |  | % |  | $ |  | % |  | $ |  | % |  | $ |  | % |  | $ |  | % |  | $ |  | %
(In millions, except per share and percentage information) |  |  |  | Amt |  | Net Sales |  | Amt |  | Net Sales |  | Amt |  | Net Sales |  | Amt |  | Net Sales |  | Amt |  | Net Sales |  | Amt |  | Net Sales
Net Sales |  |  | $ | 5650.2 |  |  | $ | 5970.1 |  |  | $ | 5918 |  |  | $ | 5430.8 |  |  | $ | 5856.2 |  |  | $ | 6266
Cost of sales |  |  |  | 3038.4 |  | 0.538 |  | 3192.8 |  | 0.535 |  | 3233.6 |  | 0.546 |  | 2716.1 |  | 0.5 |  | 2901.2 |  | 0.495 |  | 3120.2 |  | 0.498
Gross Profit |  |  |  | 2611.8 |  | 0.462 |  | 2777.3 |  | 0.465 |  | 2684.4 |  | 0.454 |  | 2714.7 |  | 0.5 |  | 2955 |  | 0.505 |  | 3145.8 |  | 0.502
Advertising and promotion expenses |  |  |  | 651 |  | 0.115 |  | 708.8 |  | 0.119 |  | 719.2 |  | 0.122 |  | 609.8 |  | 0.112 |  | 647.3 |  | 0.111 |  | 699.2 |  | 0.112
Other selling and administrative expenses |  |  |  | 1232 |  | 0.218 |  | 1338.4 |  | 0.224 |  | 1423.4 |  | 0.241 |  | 1373.74 |  | 0.253 |  | 1405.8 |  | 0.24 |  | 1405.5 |  | 0.224
Operating Income |  |  |  | 728.8 |  | 0.129 |  | 730.1 |  | 0.122 |  | 541.8 |  | 0.092 |  | 731.2 |  | 0.135 |  | 901.9 |  | 0.154 |  | 1041.1 |  | 0.166
Interest expense |  |  |  | 79.9 |  | 0.014 |  | 71 |  | 0.012 |  | 81.9 |  | 0.014 |  | 71.8 |  | 0.013 |  | 64.8 |  | 0.011 |  | 75.3 |  | 0.012
Interest (income) |  |  |  | -30.5 |  | -0.005 |  | -33.3 |  | -0.006 |  | -25 |  | -0.004 |  | -8.1 |  | -0.001 |  | -8.4 |  | -0.001 |  | -8.1 |  | -0.001
Other non-operating (income) expense, net |  |  |  | -4.4 |  | -0.001 |  | -11 |  | -0.001842515200750406 |  | -3.1 |  | -0.001 |  | 7.5 |  | 0.001 |  | -1.3 |  | 0 |  | 3.2 |  | 0
Income Before Income Taxes |  |  |  | 683.8 |  | 0.121 |  | 703.4 |  | 0.118 |  | 488 |  | 0.082 |  | 660 |  | 0.122 |  | 846.8 |  | 0.145 |  | 970.7 |  | 0.155
Provision for income taxes |  |  |  | 90.9 |  | 0.0160879260911118 |  | 103.4 |  | 0.0173196428870538 |  | 108.4 |  | 0.018 |  | 131.3 |  |  |  | 161.9 |  |  |  | 202.2
Net Income |  |  | $ | 592.9 |  | 0.105 | $ | 600 |  | 0.101 | $ | 379.6 |  | 0.064 | $ | 528.7 |  | 0.097 | $ | 684.9 |  | 0.117 | $ | 768.5 |  | 0.123
Effective Tax Rate |  |  |  | 0.1329336063176368 |  |  |  | 0.1470002843332386 |  |  |  | 0.2221311475409836 |  |  |  | 0.1989393939393939 |  |  |  | 0.1911903637222485 |  |  |  | 0.208
Net Income Per Common Share - Basic
EPS - Basic |  |  | $ | 1.55 |  |  | $ | 1.56 |  |  | $ | 1.05 |  |  | $ | 1.45 |  |  | $ | 1.88 |  |  | $ | 2.2
Average Number of Common Shares |  |  |  | 382.9 |  |  |  | 384.5 |  |  |  | 360.8 |  |  |  | 360.1 |  |  |  | 360.6 |  |  |  | 344.7
Net Income Per Common Share - Diluted
EPS - Diluted |  |  | $ | 1.53 |  |  | $ | 1.54 |  |  | $ | 1.05 |  |  | $ | 1.45 |  |  | $ | 1.86 |  |  | $ | 2.18
Average Number of Common and Potential
Common Shares |  |  |  | 386.4 |  |  |  | 390.6 |  |  |  | 363.2 |  |  |  | 361.5 |  |  |  | 364.6 |  |  |  | 348.4
The financial information included herein should be read in conjunction with Mattel's consolidated financial statements and related notes
in its Annual Reports on Form 10-K and/or Quarterly Reports on Form 10-Q, as applicable.
Note:  Beginning January 1, 2009, new U.S. GAAP guidance changed the way in which certain restricted stock unit holders are treated in the calculation of basic and diluted EPS.
These requirements are to be applied retrospectively to prior periods to the extent those prior period EPS amounts appear in current SEC filings. The EPS amounts in these tables
reflect the originally reported amounts but, if adjusted, the impact on such prior periods would be between $0.00 and $0.01.