EXHIBIT 11.2 |
HASBRO, INC. AND SUBSIDIARIES |
Computation of Earnings Per Common Share |
Quarter Ended September 26, 2004 and September 28, 2003 |
(Thousands of Dollars and Shares Except Per Share Data) |
2004 | 2003 | ||||||||||
----------------- | ----------------- | ||||||||||
Basic | Diluted | Basic | Diluted | ||||||||
------- | ------- | ------- | ------- | ||||||||
Earnings before cumulative effect | |||||||||||
of accounting change | $ 88,687 | 88,687 | 85,815 | 85,815 | |||||||
Effect of dilutive securities: | |||||||||||
Change in fair value of liabilities potentially | |||||||||||
settleable in common stock | - | (5,150 | ) | - | 1,540 | ||||||
------------ | ------------ | ------------ | ------------ | ||||||||
Adjusted earnings before cumulative | |||||||||||
effect of accounting change | $ 88,687 | 83,537 | 85,815 | 87,355 | |||||||
======= | ======= | ======= | ======= | ||||||||
Weighted average number of shares | |||||||||||
outstanding: | |||||||||||
Outstanding at beginning of period | 176,772 | 176,772 | 173,666 | 173,666 | |||||||
Exercise of stock options and warrants: | |||||||||||
Actual exercise of options | 113 | 113 | 167 | 167 | |||||||
Assumed exercise of options and warrants | - | 1,730 | - | 2,289 | |||||||
Liabilities potentially settleable in: | |||||||||||
common stock | - | 5,918 | - | 5,873 | |||||||
------------ | ------------ | ------------ | ------------ | ||||||||
Total | 176,885 | 184,533 | 173,833 | 181,995 | |||||||
======= | ======= | ======= | ======= | ||||||||
Per common share: | |||||||||||
Earnings before cumulative effect | |||||||||||
of accounting change | $ 0.50 | 0.45 | 0.49 | 0.48 | |||||||
======= | ======= | ======= | ======= |