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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Pre-Tax Income

Consolidated pre-tax (loss) income consists of the following:

	For the Year Ended
	December 31, 2017				December 31, 2016				December 31, 2015
	(In thousands)
U.S. operations	$	(273,444	)		$	9,179			$	(3,435	)
Foreign operations	(231,543		)		400,563				467,350
	$	(504,987	)		$	409,742			$	463,915

Schedule of Provision (Benefit) for Current and Deferred Income Taxes

The provision (benefit) for current and deferred income taxes consists of the following:

	For the Year Ended
	December 31, 2017				December 31, 2016				December 31, 2015
	(In thousands)
Current
Federal	$	(3,153	)		$	(3,041	)		$	(1,405	)
State	1,885				2,455				1,946
Foreign	113,315				91,070				89,825
	112,047				90,484				90,366
Deferred
Federal	418,341				(4,624		)		(3,802		)
State	38,450				2,623				(2,200		)
Foreign	(19,989		)		3,237				10,135
	436,802				1,236				4,133
Provision for income taxes	$	548,849			$	91,720			$	94,499

Schedule of Deferred Income Tax Assets (Liabilities)

Deferred income taxes are provided principally for tax credit carryforwards, net operating loss carryforwards, research and development expenses, employee compensation-related expenses, and certain other reserves that are recognized in different years for financial statement and income tax reporting purposes. Mattel’s deferred income tax assets (liabilities) are composed of the following:

	December 31, 2017				December 31, 2016
	(In thousands)
Tax credit carryforwards	$	222,353			$	59,426
Allowances and reserves	176,248				204,661
Net operating loss carryforwards	139,544				165,522
Research and development expenses	92,443				193,908
Deferred compensation	49,616				78,245
Postretirement benefits	30,564				47,732
Intangible assets	6,096				9,160
Other	50,554				62,057
Gross deferred income tax assets	767,418				820,711
Intangible assets	(175,921		)		(295,968		)
Gross deferred income tax liabilities	(175,921		)		(295,968		)
Deferred income tax asset valuation allowances	(579,245		)		(74,125		)
Net deferred income tax assets	$	12,252			$	450,618

Schedule of Balance Sheet Classification of Deferred Income Tax Assets (Liabilities)

Net deferred income tax assets are reported in the consolidated balance sheets as follows:

	December 31, 2017				December 31, 2016
	(In thousands)
Other noncurrent assets	$	76,750			$	508,363
Other noncurrent liabilities	(64,498		)		(57,745		)
	$	12,252			$	450,618

Schedule of Expiration of Loss and Tax Credit Carryforwards

Mattel’s loss and tax credit carryforwards expire in the following periods:

	Loss Carryforwards				Tax Credit Carryforwards
	(In thousands)
2018 – 2022	$	39,939			$	7,085
Thereafter	317,915				193,867
No expiration date	275,061				21,401
Total	$	632,915			$	222,353

Schedule of Reconciliation of Provision for Income Taxes at US Federal Statutory Rate to Provision in Statements of Operations

Differences between the provision for income taxes at the U.S. federal statutory income tax rate and the provision in the consolidated statements of operations are as follows:

	For the Year Ended
	December 31, 2017				December 31, 2016				December 31, 2015
	(In thousands)
(Benefit) provision at U.S. federal statutory rate	$	(176,745	)		$	143,410			$	162,370
Increase (decrease) resulting from:
U.S. valuation allowance	554,551				—				—
Foreign earnings taxed at different rates, including withholding taxes	265,112				(51,711		)		(56,877		)
U.S. Tax Reform	(105,279		)		—				—
Foreign losses without income tax benefit	1,475				8,526				5,843
State and local taxes, net of U.S. federal benefit	1,885				3,385				482
Adjustments to previously accrued taxes	5,159				(12,537		)		(19,134		)
Other	2,691				647				1,815
Provision for income taxes	$	548,849			$	91,720			$	94,499

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the reserve for unrecognized tax benefits is as follows:

	For the Year Ended
	December 31, 2017				December 31, 2016				December 31, 2015
	(In thousands)
Unrecognized tax benefits at January 1	$	109,347			$	118,099			$	100,357
Increases for positions taken in current year	4,171				2,925				5,724
Increases for positions taken in a prior year	19,318				921				22,584
Decreases for positions taken in a prior year	(5,637		)		(1,706		)		(4,242		)
Decreases for settlements with taxing authorities	(2,349		)		(1,097		)		(3,577		)
Decreases for lapses in the applicable statute of limitations	(8,780		)		(9,795		)		(2,747		)
Unrecognized tax benefits at December 31	$	116,070			$	109,347			$	118,099

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