XML 55 R39.htm IDEA: XBRL DOCUMENT v3.25.0.1

Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions Used to Determine Fair Value of Awards Granted

The following weighted-average valuation assumptions were used in determining the fair value of options granted:

			2024						2023						2022
Expected life (in years)			—						6.6						6.4
Risk-free interest rate			—						3.5		%				3.1		%
Volatility factor			—						44.4		%				43.8		%
Dividend yield			—						—		%				—		%

The following weighted-average valuation assumptions were used in determining the fair value of the market-related components of performance awards granted:

			2024						2023						2022
Risk-free interest rate			4.3		%				3.8		%				2.8		%
Volatility factor			36.0		%				35.6		%				43.4		%
Dividend yield			—		%				—		%				—		%

Schedule of Stock Option Information and Weighted Average Exercise Prices

The following is a summary of stock option information and weighted-average exercise prices for Mattel's stock options:

			2024												2023												2022
			Shares						Weighted Average Exercise Price						Shares						Weighted Average Exercise Price						Shares						Weighted Average Exercise Price
			(In thousands, except weighted-average exercise prices)
Outstanding at January 1			11,742						$	20.30					17,563						$	21.73					19,678						$	22.38
Granted			—						—						579						18.00						721						23.41
Exercised			(456)						13.92						(1,751)						15.27						(1,412)						19.65
Forfeited			(48)						21.99						(146)						18.59						(104)						18.13
Canceled			(672)						34.12						(4,503)						27.57						(1,320)						34.94
Outstanding at December 31			10,566						$	19.69					11,742						$	20.30					17,563						$	21.73
Exercisable at December 31			10,045						$	19.68					10,544						$	20.25					15,531						$	22.10

Schedule of RSU Information and Weighted Average Grant Date Fair Values

The following is a summary of RSU information and weighted-average grant-date fair values for Mattel's RSUs:

			2024												2023												2022
			Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value
			(In thousands, except weighted-average grant-date fair values)
Unvested at January 1			5,174						$	20.04					4,503						$	21.00					3,855						$	17.03
Granted			3,859						18.50						3,479						18.24						2,728						23.20
Vested			(2,388)						20.52						(2,186)						19.18						(1,790)						16.01
Forfeited			(752)						19.22						(622)						19.91						(290)						19.77
Unvested at December 31			5,893						$	18.94					5,174						$	20.04					4,503						$	21.00

Schedule of Performance Award Information and Weighted Average Grant Date Fair Values

The following is a summary of performance award information and weighted-average grant-date fair values for Mattel's performance awards:

			2024												2023												2022
			Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value
			(In thousands, except weighted-average grant-date fair values)
Unvested at January 1			2,440						$	23.01					2,894						$	18.77					3,347						$	15.52
Granted (a)(b)			1,776						21.98						1,954						16.42						1,440						21.35
Vested			(765)						22.91						(2,189)						11.93						(1,823)						14.89
Forfeited			(199)						21.73						(219)						18.96						(70)						17.26
Unvested at December 31			3,252						$	22.55					2,440						$	23.01					2,894						$	18.77

(a)During 2024, Mattel granted 0.8 million shares as part of the Retention Performance Grant, 1.0 million shares as part of the 2024 LTIP, and issued less than 0.1 million incremental shares under the 2021 LTIP based on the final earnout of the 2021 performance cycle, which are included in the weighted average grant-date fair value. During 2023, Mattel granted 1.2 million shares as part of its 2023 LTIP and issued 0.8 million incremental shares under the 2020 LTIP based on the final earnout of the 2020 performance cycle, which are included in the weighted average grant-date fair value. During 2022, Mattel granted 0.7 million shares as part of its 2022 LTIP and issued 0.8 million incremental shares under the 2019 LTIP based on the final earnout of the 2019 performance cycle, which are included in the weighted average grant-date fair value.

(b)The number of shares granted for the Retention Performance Grant, the 2024 LTIP, the 2023 LTIP, and the 2022 LTIP, represents the aggregate target numbers of shares that may be issued pursuant to the award over its full term. The aggregate number of shares subject to performance awards that would be issued if performance goals are achieved at the maximum number of shares are approximately 4 million, 2 million, and 1 million for 2024, 2023, and 2022, respectively.

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration