Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - MATTEL INC /DE/ | Financial_Report.xls |
| EX-31.1 - EX-31.1 - MATTEL INC /DE/ | d877755dex311.htm |
| EX-31.0 - EX-31.0 - MATTEL INC /DE/ | d877755dex310.htm |
| EX-10.3 - EX-10.3 - MATTEL INC /DE/ | d877755dex103.htm |
| EX-32.0 - EX-32.0 - MATTEL INC /DE/ | d877755dex320.htm |
| EX-10.2 - EX-10.2 - MATTEL INC /DE/ | d877755dex102.htm |
| 10-Q - FORM 10-Q - MATTEL INC /DE/ | d877755d10q.htm |
EXHIBIT 12.0
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF (LOSS) EARNINGS TO FIXED CHARGES
| (Unaudited; in thousands, except ratios) |
For the Three Months Ended March 31, 2015 |
For the Years Ended December 31, |
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| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
| (Loss) Earnings Available for Fixed Charges: |
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| (Loss) Income from continuing operations before income taxes |
$ | (73,147 | ) | $ | 586,910 | $ | 1,099,128 | $ | 945,045 | $ | 970,673 | $ | 846,825 | |||||||||||
| Add: |
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| Interest expense |
20,401 | 79,271 | 78,505 | 88,835 | 75,332 | 64,839 | ||||||||||||||||||
| Appropriate portion of rents (a) |
9,870 | 40,291 | 37,006 | 33,736 | 30,696 | 34,544 | ||||||||||||||||||
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| (Loss) Earnings available for fixed charges |
$ | (42,876 | ) | $ | 706,472 | $ | 1,214,639 | $ | 1,067,616 | $ | 1,076,701 | $ | 946,208 | |||||||||||
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| Fixed Charges: |
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| Interest expense |
$ | 20,401 | $ | 79,271 | $ | 78,505 | $ | 88,835 | $ | 75,332 | $ | 64,839 | ||||||||||||
| Appropriate portion of rents (a) |
9,870 | 40,291 | 37,006 | 33,736 | 30,696 | 34,544 | ||||||||||||||||||
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| Fixed charges |
$ | 30,271 | $ | 119,562 | $ | 115,511 | $ | 122,571 | $ | 106,028 | $ | 99,383 | ||||||||||||
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| Ratio of (loss) earnings to fixed charges |
(b | ) | 5.91 X | 10.52 X | 8.71 X | 10.15 X | 9.52 X | |||||||||||||||||
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| (a) | Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense. |
| (b) | Earnings for the three months ended March 31, 2015 were inadequate to cover fixed charges by $73.1 million. |