EXHIBIT 11.2 |
HASBRO, INC. AND SUBSIDIARIES |
Computation of Earnings Per Common Share |
Quarters 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 | $ 29,454 | 29,454 | 18,839 | 18,839 | |||||||
Effect of dilutive securities: | |||||||||||
Change in fair value of liabilities potentially | |||||||||||
settleable in common stock | - | (5,730 | ) | - | (8,520 | ) | |||||
Interest expense on contingent convertible | |||||||||||
debentures due 2021 | - | 1,066 | - | - | |||||||
------------ | ------------ | ------------ | ------------ | ||||||||
Adjusted net earnings | $ 29,454 | 24,790 | 18,839 | 10,319 | |||||||
======= | ======= | ======= | ======= | ||||||||
Weighted average number of shares | |||||||||||
outstanding: | |||||||||||
Outstanding at beginning of period | 178,218 | 178,218 | 176,212 | 176,212 | |||||||
Exercise of stock options and warrants: | |||||||||||
Actual exercise of options | 245 | 245 | 205 | 205 | |||||||
Assumed exercise of options and warrants | - | 2,181 | - | 2,529 | |||||||
Liabilities potentially settleable in | |||||||||||
common stock | - | 5,412 | - | 5,721 | |||||||
Contingent convertible debentures | |||||||||||
due 2021 | - | 11,574 | - | - | |||||||
| ------------ | ------------ | ------------ | ------------ | |||||||
| Total | 178,463 | 197,630 | 176,417 | 184,667 | ||||||
| ======= | ======= | ======= | ======= | |||||||
Per common share: | |||||||||||
Net earnings | $ 0.17 | 0.13 | 0.11 | 0.06 | |||||||
| ======= | ======= | ======= | ======= | |||||||
|