MAT FY 2012 Earnings Report — Mattel, Inc. Revenue & Financial Results | Market Cap Arena

Mattel, Inc.MAT

FY 2012 Earnings

Reported February 26, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$6.4B	—	$6.3B	—	2.5%
Op. Income	$1.0B	—	$1.0B	—	-1.9%
Gross Margin	53.1%	—	50.2%	—	2.9pp
Net Margin	12.1%	—	12.3%	—	-0.2pp
EPS (Diluted)	$2.22	—	$2.18	—	1.8%
Free Cash Flow	$1.1B	—	$474M	—	122.8%

Revenue Flow

Item	Amount
REVENUE	$6.4B
Cost of Revenue	$3.0B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$718M
General & Administrative	$1.7B
SG&A Expenses	$2.4B
Other Expenses	$0
Operating Expenses	$2.4B
Cost & Expenses	$5.4B
OPERATING INCOME	$1.0B
Interest Income	$7M
Interest Expense	$89M
Other Income/Expenses	-$76M
INCOME BEFORE TAX	$945M
Income Tax Expense	$169M
Net Income from Continuing Ops	$776M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$776M
Net Income Deductions	-$48.0K
BOTTOM LINE NET INCOME	$769M
D&A	$174M
EBIT	$1.0B
EBITDA	$1.2B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$6.4B
Cost of Revenue	$3.0B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$718M
General & Administrative	$1.7B
SG&A Expenses	$2.4B
Other Expenses	$0
Operating Expenses	$2.4B
Cost & Expenses	$5.4B
OPERATING INCOME	$1.0B
Interest Income	$7M
Interest Expense	$89M
Other Income/Expenses	-$76M
INCOME BEFORE TAX	$945M
Income Tax Expense	$169M
Net Income from Continuing Ops	$776M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$776M
Net Income Deductions	-$48.0K
BOTTOM LINE NET INCOME	$769M
D&A	$174M
EBIT	$1.0B
EBITDA	$1.2B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$776M
Depreciation & Amortization	$174M
Stock-Based Compensation	$63M
Deferred Income Tax	-$72M
Other Non-Cash Items	$350.0K
Change in Working Capital	$334M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$220M
Acquisitions (Net)	-$685M
Purchases of Investments	-$348.0K
Sales/Maturities of Investments	$3M
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$900M
Net Debt Issuance	-$48M
Common Stock Repurchased	-$67M
Common Dividends Paid	-$423M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$409M
FREE CASH FLOW	$1.1B
Net Change in Cash	-$33M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.3B
Short-Term Investments	$0
Net Receivables	$1.2B
Inventory	$465M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$593M
Goodwill	$1.1B
Intangible Assets	$706M
Long-Term Investments	-$2.2B
Tax Assets	$375M
Other Non-Current Assets	$2.4B
TOTAL NON-CURRENT ASSETS	$3.0B
TOTAL ASSETS	$6.5B
Account Payables	$385M
Short-Term Debt	$410M
Deferred Revenue	-$888M
Other Current Liabilities	$778M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$644M
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$3.5B
Common Stock	$441M
Additional Paid-In Capital	$1.7B
Retained Earnings	$3.5B
Treasury Stock	-$2.2B
Accum. Other Comp. Income	-$464M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.1B
Minority Interest	$0
TOTAL EQUITY	$3.1B
TOTAL LIABILITIES & EQUITY	$6.5B
Total Debt	$1.5B
Net Debt	$174M