Short answer
Mattel Inc (MAT) filed its Q2 2017 10-Q quarterly report on Aug 2, 2017 for the quarter ended Jun 30, 2017.
Mattel Inc Q2 2017 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net sales $974.5M, up 2% YoY from $957.3M
- Gross margin 41.0% vs 45.3%; operating margin -5.0% vs -1.2%
- Best performer Entertainment gross sales $253.9M, up 58%; worst Construction and Arts & Crafts $53.0M, down 27%
- Cash $275.4M, down from $869.5M; six-month operating cash use $549.1M vs $240.6M
- Headwinds: inventory $935.9M, credit ratings downgraded, potential covenant noncompliance by third quarter crescent
Risk Factors
- Newly amended credit facility covenants: maximum debt-to-EBITDA ratio raised to 3.75 from 3.50 for four quarters beginning Q2 2017
- Liquidity risk: operating cash flow used $549.1 million and cash fell to $275.4 million by June 30, 2017
- Debt maturity risk: $250.0 million current portion of long-term debt due within one year
- Currency risk: foreign-currency forward contracts carried $1.38 billion notional exposure at June 30, 2017
- Litigation risk: MGA seeks damages believed to reach or exceed tens of millions, plus punitive damages and injunctive relief
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Mattel Inc quarterly reports
- Q3 2019 10-QFiled Nov 12, 2019
- Q2 2019 10-QFiled Jul 26, 2019
- Q1 2019 10-QFiled Apr 26, 2019
- Q3 2018 10-QFiled Oct 25, 2018
- Q2 2018 10-QFiled Jul 25, 2018
- Q1 2018 10-QFiled Apr 26, 2018
- Q3 2017 10-QFiled Oct 26, 2017
- Q1 2017 10-QFiled Apr 27, 2017
- Q3 2016 10-QFiled Oct 27, 2016
- Q2 2016 10-QFiled Jul 28, 2016
- Q1 2016 10-QFiled Apr 28, 2016
- Q3 2015 10-QFiled Oct 27, 2015
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