EXHIBIT 11.1 |
HASBRO, INC. AND SUBSIDIARIES |
Computation of Earnings Per Common Share |
Six Months Ended June 26, 2005 and June 27, 2004 |
(Thousands of Dollars and Shares Except Per Share Data) |
| 2005 | 2004 | |||||||||
| ----------------- | ----------------- | |||||||||
| Basic | Diluted | Basic | Diluted | |||||||
| ------- | ------- | ------- | ------- | |||||||
Net earnings | $ 25,741 | 25,741 | 25,371 | 25,371 | |||||||
Effect of dilutive securities: | |||||||||||
Change in fair value of liabilities potentially | |||||||||||
settleable in common stock | - | (760 | ) | - | (10,220 | ) | |||||
------------ | ------------ | ------------ | ------------ | ||||||||
Adjusted net earnings | $ 25,741 | 24,981 | 25,371 | 15,151 | |||||||
======= | ======= | ======= | ======= | ||||||||
Weighted average number of shares | |||||||||||
outstanding: | |||||||||||
Outstanding at beginning of period | 177,315 | 177,315 | 175,479 | 175,479 | |||||||
Exercise of stock options and warrants: | |||||||||||
Actual exercise of options | 798 | 798 | 600 | 600 | |||||||
Assumed exercise of options and warrants | - | 2,239 | - | 2,868 | |||||||
Liabilities potentially settleable in | |||||||||||
common stock | - | 5,358 | - | 5,363 | |||||||
| ------------ | ------------ | ------------ | ------------ | |||||||
| Total | 178,113 | 185,710 | 176,079 | 184,310 | ||||||
| ======= | ======= | ======= | ======= | |||||||
Per common share: | |||||||||||
Net earnings | $ 0.14 | 0.13 | 0.14 | 0.08 | |||||||
| ======= | ======= | ======= | ======= | |||||||
|