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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table reconciles basic and diluted earnings per common share for the three months ended March 31, 2020 and 2019: 
 
For the Three Months Ended
 
March 31,
2020
 
March 31,
2019
 
(In thousands, except per share amounts)
Basic (a)
 
 
 
Net loss
$
(210,741
)
 
$
(176,296
)
Weighted-average number of common shares
346,867

 
345,852

Basic net loss per common share
$
(0.61
)
 
$
(0.51
)
 
 
 
 
Diluted (a)
 
 
 
Net loss
$
(210,741
)
 
$
(176,296
)
Weighted-average number of common shares
346,867

 
345,852

Dilutive stock options and restricted stock units ("RSUs") (b)

 

Weighted-average number of common and potential common shares
346,867

 
345,852

Diluted net loss per common share
$
(0.61
)
 
$
(0.51
)
 _______________________________________
(a)
Mattel did not have participating RSUs for the three months ended March 31, 2020 and 2019.
(b)
Mattel was in a net loss position for the three months ended March 31, 2020 and 2019, and, accordingly, all outstanding nonqualified stock options and RSUs were excluded from the calculation of diluted net loss per common share because their effect would be antidilutive.