EXHIBIT 11.1 |
HASBRO, INC. AND SUBSIDIARIES |
Computation of Earnings Per Common Share |
Six Months Ended July 1, 2001 and July 2, 2000 |
(Thousands of Dollars and Shares Except Per Share Data) |
2001 | 2000 | ||||||||||
----------------- | ----------------- | ||||||||||
Basic | Diluted | Basic | Diluted | ||||||||
------- | ------- | ------- | ------- | ||||||||
Net earnings (loss) before cumulative effect | |||||||||||
of accounting change | $(42,289 | ) | (42,289 | ) | 21,627 | 21,627 | |||||
======= | ======= | ======= | ======= | ||||||||
Weighted average number of shares | |||||||||||
outstanding: | |||||||||||
Outstanding at beginning of period | 171,886 | 171,886 | 192,984 | 192,984 | |||||||
Exercise of stock options and warrants: | |||||||||||
Actual | 92 | 92 | 26 | 26 | |||||||
Assumed | - | - | - | 947 | |||||||
Purchase of common stock | - | - | (12,085 | ) | (12,085 | ) | |||||
------------ | ------------ | ------------ | ------------ | ||||||||
Total | 171,978 | 171,978 | 180,925 | 181,872 | |||||||
======= | ======= | ======= | ======= | ||||||||
Per common share: | |||||||||||
Net earnings (loss) before cumulative effect | |||||||||||
of accounting change | $ (.25 | ) | (.25 | ) | .12 | .12 | |||||
======= | ======= | ======= | ======= |