v3.24.3

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Net Sales	$ 1,843,904	$ 1,918,788	$ 3,733,141	$ 3,820,531
Cost of sales	864,908	940,854	1,834,539	2,027,004
Gross Profit	978,996	977,934	1,898,602	1,793,527
Advertising and promotion expenses	104,956	124,265	250,117	290,337
Other selling and administrative expenses	385,699	379,811	1,112,455	1,081,594
Operating Income	488,341	473,858	536,030	421,596
Interest expense	29,371	30,716	89,415	92,486
Interest (income)	(9,787)	(4,569)	(39,466)	(15,409)
Other non-operating (income) expense, net	(2,924)	(2,391)	8,796	(5,976)
Income Before Income Taxes	471,681	450,102	477,285	350,495
Provision for income taxes	106,350	309,342	94,756	296,767
(Income) from equity method investments	(7,045)	(5,559)	(18,426)	(13,306)
Net Income	$ 372,376	$ 146,319	$ 400,955	$ 67,034
Net Income Per Common Share - Basic (USD per share)	$ 1.10	$ 0.41	$ 1.17	$ 0.19
Weighted-average number of common shares (in shares)	339,059	354,139	342,707	354,559
Net Income Per Common Share - Diluted (USD per share)	$ 1.09	$ 0.41	$ 1.16	$ 0.19
Weighted-average number of common and potential common shares (in shares)	341,216	357,474	345,380	357,977

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

MATTEL INC /DE/ 10-Q