MAT FY 2015 Earnings Report — Mattel, Inc. Revenue & Financial Results | Market Cap Arena

Mattel, Inc.MAT

FY 2015 Earnings

Reported February 25, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$5.7B	—	$6.0B	—	-5.3%
Op. Income	$541M	—	$654M	—	-17.3%
Gross Margin	49.2%	—	49.8%	—	-0.6pp
Net Margin	6.5%	—	8.3%	—	-1.8pp
EPS (Diluted)	$1.08	—	$1.45	—	-25.5%
Free Cash Flow	$481M	—	$629M	—	-23.5%

Revenue Flow

Item	Amount
REVENUE	$5.7B
Cost of Revenue	$2.9B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$718M
General & Administrative	$1.5B
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$5.2B
OPERATING INCOME	$541M
Interest Income	$7M
Interest Expense	$85M
Other Income/Expenses	-$77M
INCOME BEFORE TAX	$464M
Income Tax Expense	$94M
Net Income from Continuing Ops	$369M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$369M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$366M
D&A	$265M
EBIT	$549M
EBITDA	$815M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$5.7B
Cost of Revenue	$2.9B
GROSS PROFIT	$2.8B
R&D Expenses	$0
Selling & Marketing	$718M
General & Administrative	$1.5B
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$5.2B
OPERATING INCOME	$541M
Interest Income	$7M
Interest Expense	$85M
Other Income/Expenses	-$77M
INCOME BEFORE TAX	$464M
Income Tax Expense	$94M
Net Income from Continuing Ops	$369M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$369M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$366M
D&A	$265M
EBIT	$549M
EBITDA	$815M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$369M
Depreciation & Amortization	$265M
Stock-Based Compensation	$57M
Deferred Income Tax	$4M
Other Non-Cash Items	$443.0K
Change in Working Capital	$39M
OPERATING CASH FLOW	$735M
Capital Expenditure	-$254M
Acquisitions (Net)	$0
Purchases of Investments	-$62M
Sales/Maturities of Investments	$0
Other Investing Activities	$33M
NET CASH FROM INVESTING	-$283M
Net Debt Issuance	$17M
Common Stock Repurchased	$0
Common Dividends Paid	-$515M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$531M
FREE CASH FLOW	$481M
Net Change in Cash	-$79M

Balance Sheet

Item	Amount
Cash & Equivalents	$893M
Short-Term Investments	$0
Net Receivables	$1.1B
Inventory	$588M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.2B
PP&E (Net)	$741M
Goodwill	$1.4B
Intangible Assets	$700M
Long-Term Investments	-$2.4B
Tax Assets	$317M
Other Non-Current Assets	$2.6B
TOTAL NON-CURRENT ASSETS	$3.4B
TOTAL ASSETS	$6.6B
Account Payables	$652M
Short-Term Debt	$317M
Deferred Revenue	-$658M
Other Current Liabilities	$605M
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$1.8B
Deferred Revenue NC	-$63M
Deferred Tax Liabilities	$63M
Other Non-Current Liabilities	$472M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$3.9B
Common Stock	$441M
Additional Paid-In Capital	$1.8B
Retained Earnings	$3.7B
Treasury Stock	-$2.5B
Accum. Other Comp. Income	-$849M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$6.6B
Total Debt	$2.1B
Net Debt	$1.2B