Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2014

Summary of Changes in Accumulated Other Comprehensive Income/Loss

The following tables present changes in the accumulated balances for each component of other comprehensive income, including current period other comprehensive income and reclassifications out of accumulated other comprehensive income (loss):


	For the Three Months Ended June 30, 2014
	Derivative Instruments			Defined Benefit Pension Plans			Currency Translation Adjustments			Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of March 31, 2014	$	(6,794	)	$	(129,858	)	$	(297,069	)	$	(433,721	)
Other comprehensive (loss) income before reclassifications		(5,536	)		464			33,506			28,434
Amounts reclassified from accumulated other comprehensive income (loss)		2,830			2,193			—			5,023

Net (decrease) increase in other comprehensive income		(2,706	)		2,657			33,506			33,457

Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2014	$	(9,500	)	$	(127,201	)	$	(263,563	)	$	(400,264	)


	For the Six Months Ended June 30, 2014
	Derivative Instruments			Defined Benefit Pension Plans			Currency Translation Adjustments			Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2013	$	(10,789	)	$	(131,946	)	$	(300,941	)	$	(443,676	)
Other comprehensive (loss) income before reclassifications		(4,308	)		372			37,378			33,442
Amounts reclassified from accumulated other comprehensive income (loss)		5,597			4,373			—			9,970

Net increase in other comprehensive income		1,289			4,745			37,378			43,412

Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2014	$	(9,500	)	$	(127,201	)	$	(263,563	)	$	(400,264	)


	For the Three Months Ended June 30, 2013
	Derivative Instruments			Defined Benefit Pension Plans			Currency Translation Adjustments			Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of March 31, 2013	$	4,426		$	(187,225	)	$	(298,626	)	$	(481,425	)
Other comprehensive (loss) income before reclassifications		(872	)		314			(37,383	)		(37,941	)
Amounts reclassified from accumulated other comprehensive income (loss)		326			3,120			—			3,446

Net (decrease) increase in other comprehensive income		(546	)		3,434			(37,383	)		(34,495	)

Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2013	$	3,880		$	(183,791	)	$	(336,009	)	$	(515,920	)


	For the Six Months Ended June 30, 2013
	Derivative Instruments			Defined Benefit Pension Plans			Currency Translation Adjustments			Total
	(In thousands)
Accumulated Other Comprehensive Income (Loss), Net of Tax, as of December 31, 2012	$	(2,583	)	$	(190,656	)	$	(271,247	)	$	(464,486	)
Other comprehensive income (loss) before reclassifications		7,266			625			(64,762	)		(56,871	)
Amounts reclassified from accumulated other comprehensive income (loss)		(803	)		6,240			—			5,437

Net increase (decrease) in other comprehensive income		6,463			6,865			(64,762	)		(51,434	)

Accumulated Other Comprehensive Income (Loss), Net of Tax, as of June 30, 2013	$	3,880		$	(183,791	)	$	(336,009	)	$	(515,920	)

Summary of Consolidated Statement of Operations Line Items Affected by Reclassifications from Accumulated Other Comprehensive Income/Loss

The following table presents the classification and amount of the reclassifications from accumulated other comprehensive income (loss) to the consolidated statement of operations:


	For the Three Months Ended June 30, 2014			For the Three Months Ended June 30, 2013			Statements of Operations Classification
	(In thousands)
Derivative Instruments
Loss on foreign currency forward exchange contracts	$	(2,859	)	$	(318	)	Cost of sales
		29			(8	)	Provision for income taxes

	$	(2,830	)	$	(326	)	Net income

Defined Benefit Pension Plans
Amortization of prior service credit	$	264		$	126		(a)
Recognized actuarial loss		(3,664	)		(5,146	)	(a)

		(3,400	)		(5,020	)
		1,207			1,900		Provision for income taxes

	$	(2,193	)	$	(3,120	)	Net income


	For the Six Months Ended June 30, 2014			For the Six Months Ended June 30, 2013			Statements of Operations Classification
	(In thousands)
Derivative Instruments
(Loss) gain on foreign currency forward exchange contracts	$	(5,577	)	$	813		Cost of sales
		(20	)		(10	)	Provision for income taxes

	$	(5,597	)	$	803		Net income

Defined Benefit Pension Plans
Amortization of prior service credit	$	528		$	252		(a)
Recognized actuarial loss		(7,326	)		(10,292	)	(a)

		(6,798	)		(10,040	)
		2,425			3,800		Provision for income taxes

	$	(4,373	)	$	(6,240	)	Net income

(a)

The amortization of prior service credit and recognized actuarial loss are included in the computation of net periodic benefit cost. Refer to “Note 15 to the Consolidated Financial Statements—Employee Benefit Plans” of this Quarterly Report on Form 10-Q for additional information regarding Mattel’s net periodic benefit cost.