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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings per Share
The following table reconciles earnings per common share for the three and six months ended June 30, 2018 and 2017: 
 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
2018
 
June 30,
2017
 
June 30,
2018
 
June 30,
2017
 
(In thousands, except per share amounts)
Basic:
 
 
 
 
 
 
 
Net loss
$
(240,931
)
 
$
(56,075
)
 
$
(552,184
)
 
$
(169,306
)
Less: net loss allocable to participating RSUs (a)

 

 

 

Net loss available for basic common shares
$
(240,931
)
 
$
(56,075
)
 
$
(552,184
)
 
$
(169,306
)
Weighted average common shares outstanding
344,584

 
343,116

 
344,507

 
343,020

Basic net loss per common share
$
(0.70
)
 
$
(0.16
)
 
$
(1.60
)
 
$
(0.49
)
Diluted:
 
 
 
 
 
 
 
Net loss
$
(240,931
)
 
$
(56,075
)
 
$
(552,184
)
 
$
(169,306
)
Less: net loss allocable to participating RSUs (a)

 

 

 

Net loss available for diluted common shares
$
(240,931
)
 
$
(56,075
)
 
$
(552,184
)
 
$
(169,306
)
Weighted average common shares outstanding
344,584

 
343,116

 
344,507

 
343,020

Weighted average common equivalent shares arising from:
 
 
 
 
 
 
 
Dilutive stock options and non-participating RSUs (b)

 

 

 

Weighted average number of common and potential common shares
344,584

 
343,116

 
344,507

 
343,020

Diluted net loss per common share
$
(0.70
)
 
$
(0.16
)
 
$
(1.60
)
 
$
(0.49
)
 _______________________________________
(a)
During the three and six months ended June 30, 2018 and 2017, Mattel did not allocate its net loss to its participating RSUs as its participating RSUs are not obligated to share in Mattel's losses.
(b)
Mattel was in a net loss position during the three and six months ended June 30, 2018 and 2017, and, accordingly, all outstanding nonqualified stock options and non-participating RSUs were excluded from the calculation of diluted earnings per common share because their effect would be antidilutive.