Attached files

file filename
10-Q - FORM 10-Q - MATTEL INC /DE/d10q.htm
EX-31.1 - SECTION 302 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - MATTEL INC /DE/dex311.htm
EX-31.0 - SECTION 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - MATTEL INC /DE/dex310.htm
EX-10.1 - FORM OF GRANT AGREEMENT - MATTEL INC /DE/dex101.htm
EX-32.0 - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER - MATTEL INC /DE/dex320.htm

EXHIBIT 12.0

MATTEL, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

(Unaudited; in thousands, except ratios)

  For the Nine
Months Ended
September 30,
2009
  For the Years Ended December 31,  
    2008   2007   2006   2005   2004  

Earnings Available for Fixed Charges:

           

Income from continuing operations before income taxes

  $ 263,000   $ 487,964   $ 703,398   $ 683,756   $ 652,049   $ 696,254   

Add: Non-controlling interest losses (income) in consolidated subsidiaries

    184     262     255     271     142     (93

Add:

           

Interest expense

    52,723     81,944     70,974     79,853     76,490     77,764   

Appropriate portion of rents (a)

    26,154     29,833     28,245     25,724     20,475     18,831   
                                     

Earnings available for fixed charges

  $ 342,061   $ 600,003   $ 802,872   $ 789,604   $ 749,156   $ 792,756   
                                     

Fixed Charges:

           

Interest expense

  $ 52,723   $ 81,944   $ 70,974   $ 79,853   $ 76,490   $ 77,764   

Appropriate portion of rents (a)

    26,154     29,833     28,245     25,724     20,475     18,831   
                                     

Fixed charges

  $ 78,877   $ 111,777   $ 99,219   $ 105,577   $ 96,965   $ 96,595   
                                     

Ratio of earnings to fixed charges

    4.34 X     5.37 X     8.09 X     7.48 X     7.73 X     8.21 X   
                                     

 

(a) Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense.