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Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Assets and Liabilities

The following table presents Mattel’s derivative assets and liabilities:

		Derivative Assets
		Balance Sheet Classification		Fair Value
				September 30, 2015				September 30, 2014				December 31, 2014
								(In thousands)
Derivatives designated as hedging instruments:
Foreign currency forward exchange contracts		Prepaid expenses and other current assets		$	21,138			$	31,908			$	31,982
Foreign currency forward exchange contracts		Other noncurrent assets			1,027				1,829				1,443
Total derivatives designated as hedging instruments				$	22,165			$	33,737			$	33,425
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts		Prepaid expenses and other current assets		$	827			$	165			$	318
Cross currency swap contract		Prepaid expenses and other current assets			5,288				—				—
Total derivatives not designated as hedging instruments				$	6,115			$	165			$	318
Total				$	28,280			$	33,902			$	33,743
		Derivative Liabilities
		Balance Sheet Classification		Fair Value
				September 30, 2015				September 30, 2014				December 31, 2014
								(In thousands)
Derivatives designated as hedging instruments:
Foreign currency forward exchange contracts		Accrued liabilities		$	6,773			$	5,697			$	2,408
Foreign currency forward exchange contracts		Other noncurrent liabilities			672				395				36
Total derivatives designated as hedging instruments				$	7,445			$	6,092			$	2,444
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts		Accrued liabilities		$	816			$	6,504			$	10,954
Total				$	8,261			$	12,596			$	13,398

Derivatives Designated as Hedging Instruments by Classification and Amount of Gains and Losses

The following tables present the classification and amount of gains and losses, net of tax, from derivatives reported in the consolidated statements of operations:

		For the Three Months Ended September 30, 2015								For the Three Months Ended September 30, 2014								Statements of Operations Classification
		Amount of Gain (Loss) Recognized in OCI				Amount of Gain (Loss) Reclassified from Accumulated OCI to Statements of Operations				Amount of Gain (Loss) Recognized in OCI				Amount of Gain (Loss) Reclassified from Accumulated OCI to Statements of Operations
		(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts		$	8,866			$	19,152			$	19,745			$	(3,328	)			Cost of sales
		For the Nine Months Ended September 30, 2015								For the Nine Months Ended September 30, 2014								Statements of Operations Classification
		Amount of Gain (Loss) Recognized in OCI				Amount of Gain (Loss) Reclassified from Accumulated OCI to Statements of Operations				Amount of Gain (Loss) Recognized in OCI				Amount of Gain (Loss) Reclassified from Accumulated OCI to Statements  of Operations
		(In thousands)
Derivatives designated as hedging instruments
Foreign currency forward exchange contracts		$	32,367			$	41,708			$	15,437			$	(8,925	)			Cost of sales

Derivatives Not Designated as Hedging Instruments by Classification and Amount of Gains and Losses

		Amount of Gain (Loss) Recognized in the Statements of Operations								Statements of Operations Classification
		For the Three Months Ended September 30, 2015				For the Three Months Ended September 30, 2014
		(In thousands)
Derivatives not designated as hedging instruments
Foreign currency forward exchange contracts		$	(14,711	)		$	(26,632	)		Non-operating income/expense
Cross currency swap contract			6,085				—			Non-operating income/expense
Foreign currency forward exchange contracts			896				292			Cost of sales
Total		$	(7,730	)		$	(26,340	)
		Amount of Gain (Loss) Recognized in the Statements of Operations								Statements of Operations Classification
		For the Nine Months Ended September 30, 2015				For the Nine Months Ended September 30, 2014
		(In thousands)
Derivatives not designated as hedging instruments
Foreign currency forward exchange contracts		$	(55,033	)		$	(16,863	)		Non-operating income/expense
Cross currency swap contract			5,288				—			Non-operating income/expense
Foreign currency forward exchange contracts			(3	)			978			Cost of sales
Total		$	(49,748	)		$	(15,885	)

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

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-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



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-Paragraph 4C



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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



-Paragraph 4B



-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

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- Definition

Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



-Paragraph 4C



-Subparagraph (e)



-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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