Conduct an analysis of Mattel’s financial statements. What is your assessment of the overall condition and strength of Mattel’s finances?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Conduct an analysis of Mattel’s financial statements. What is your assessment of the overall condition and strength of Mattel’s finances?

2018
2017
2016
2015
2014
Net Sales
$4,510,852
$4,881,951
$5,456,650
$5,702,613
$6,023,819
Cost of sales
2,716,127
3,061,122
2,902,259
2,896.255
3.022,797
Gross profit (loss)
1,794,725
1.820.829
2,554,391
2,806,358
3,001,022
Advertising & promotion expenses
526,436
642,286
634,947
717,852
733,243
Other selling & administrative expenses
1,504.796
1,521,366
1,400,211
1,547,584
1,614,065
Operating income (loss)
(236,507)
(342,823)
519,233
540,922
653,714
Interest expense
181,886
10,5214
95,118
85,270
79,271
Interest income
6,463
7,777
9,144
7,230
7,382
Other non-operating income (expense), net
7,331
(64,727)
(23,517)
1,033
5,085
Income (loss) before income taxes
(419,261)
(504,987)
409.742
463.915
586,910
Total deferred income tax provision (benefit)
14,527
436,802
1,236
4,133
8,142
Provision (beneft) for income taxes
111,732
548,849
91,720
94,499
88,036
Net income (loss)
(530,993)
(1.053,836)
318,022
369,416
498,874
Less net income allocable to participating restricted stock units
1,377
3,179
4,028
Net income (loss) applicable to common shares
(S530,993)
(S1,053,836)
$316,645
$366,237
$494,846
Weighted average shares outstanding-basic
345,012
343,564
341,480
339,172
339,016
Weighted average shares outstanding-diluted
345,012
343,564
344,233
339,748
340,768
Year End shares outstanding
345,300
343,800
342,400
339,700
338,100
Net income (loss) per share-basic
($1.54)
($3.07)
S0.93
$1.08
$ 1.46
Net income (loss) per share-diluted
($1.54)
($3.07)
$0.92
$1.08
$1.45
Dividends declared per common share
$0.91
$1.52
$1.52
$1.52
Total number of employees
27,000
28,000
32,000
31,000
31,000
Transcribed Image Text:2018 2017 2016 2015 2014 Net Sales $4,510,852 $4,881,951 $5,456,650 $5,702,613 $6,023,819 Cost of sales 2,716,127 3,061,122 2,902,259 2,896.255 3.022,797 Gross profit (loss) 1,794,725 1.820.829 2,554,391 2,806,358 3,001,022 Advertising & promotion expenses 526,436 642,286 634,947 717,852 733,243 Other selling & administrative expenses 1,504.796 1,521,366 1,400,211 1,547,584 1,614,065 Operating income (loss) (236,507) (342,823) 519,233 540,922 653,714 Interest expense 181,886 10,5214 95,118 85,270 79,271 Interest income 6,463 7,777 9,144 7,230 7,382 Other non-operating income (expense), net 7,331 (64,727) (23,517) 1,033 5,085 Income (loss) before income taxes (419,261) (504,987) 409.742 463.915 586,910 Total deferred income tax provision (benefit) 14,527 436,802 1,236 4,133 8,142 Provision (beneft) for income taxes 111,732 548,849 91,720 94,499 88,036 Net income (loss) (530,993) (1.053,836) 318,022 369,416 498,874 Less net income allocable to participating restricted stock units 1,377 3,179 4,028 Net income (loss) applicable to common shares (S530,993) (S1,053,836) $316,645 $366,237 $494,846 Weighted average shares outstanding-basic 345,012 343,564 341,480 339,172 339,016 Weighted average shares outstanding-diluted 345,012 343,564 344,233 339,748 340,768 Year End shares outstanding 345,300 343,800 342,400 339,700 338,100 Net income (loss) per share-basic ($1.54) ($3.07) S0.93 $1.08 $ 1.46 Net income (loss) per share-diluted ($1.54) ($3.07) $0.92 $1.08 $1.45 Dividends declared per common share $0.91 $1.52 $1.52 $1.52 Total number of employees 27,000 28,000 32,000 31,000 31,000
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