Attached files
file | filename |
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EX-32.0 - EXHIBIT 32.0 - MATTEL INC /DE/ | ex320.htm |
EX-23.0 - EXHIBIT 23.0 - MATTEL INC /DE/ | ex230.htm |
EX-21.0 - EXHIBIT 21.0 - MATTEL INC /DE/ | ex210.htm |
EX-31.0 - EXHIBIT 31.0 - MATTEL INC /DE/ | ex310.htm |
EX-31.1 - EXHIBIT 31.1 - MATTEL INC /DE/ | ex311.htm |
EX-10.19 - EXHIBIT 10.19 - MATTEL INC /DE/ | ex1019.htm |
10-K - 10-K - MATTEL INC /DE/ | mat1231201510-k.htm |
EXHIBIT 12.0
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Year | ||||||||||||||||||||
(Unaudited; in thousands, except ratios) | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 463,915 | $ | 586,910 | $ | 1,099,128 | $ | 945,045 | $ | 970,673 | ||||||||||
Add: | ||||||||||||||||||||
Interest expense | 85,270 | 79,271 | 78,505 | 88,835 | 75,332 | |||||||||||||||
Appropriate portion of rents (a) | 38,297 | 40,291 | 37,006 | 33,736 | 30,696 | |||||||||||||||
Earnings available for fixed charges | $ | 587,482 | $ | 706,472 | $ | 1,214,639 | $ | 1,067,616 | $ | 1,076,701 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest expense | $ | 85,270 | $ | 79,271 | $ | 78,505 | $ | 88,835 | $ | 75,332 | ||||||||||
Appropriate portion of rents (a) | 38,297 | 40,291 | 37,006 | 33,736 | 30,696 | |||||||||||||||
Fixed charges | $ | 123,567 | $ | 119,562 | $ | 115,511 | $ | 122,571 | $ | 106,028 | ||||||||||
Ratio of earnings to fixed charges | 4.75 | X | 5.91 | X | 10.52 | X | 8.71 | X | 10.15 | X |
(a) | Portion of rental expenses which is deemed representative of an interest factor, which is approximately one-third of total rental expense. |