EXHIBIT 11.2 |
HASBRO, INC. AND SUBSIDIARIES |
Computation of Earnings Per Common Share |
Quarters Ended September 25, 2005 and September 26, 2004 |
(Thousands of Dollars and Shares Except Per Share Data) |
| 2005 | 2004 | |||||||||
| ----------------- | ----------------- | |||||||||
| Basic | Diluted | Basic | Diluted | |||||||
| ------- | ------- | ------- | ------- | |||||||
Net earnings | $ 92,063 | 92,063 | 88,687 | 88,687 | |||||||
Effect of dilutive securities: | |||||||||||
Change in fair value of liabilities potentially | |||||||||||
settleable in common stock | - | (570 | ) | - | (5,150 | ) | |||||
Interest expense on contingent convertible | |||||||||||
debentures due 2021 | - | 1,066 | - | 1,066 | |||||||
------------ | ------------ | ------------ | ------------ | ||||||||
Adjusted net earnings | $ 92,063 | 92,559 | 88,687 | 84,603 | |||||||
======= | ======= | ======= | ======= | ||||||||
Weighted average number of shares | |||||||||||
outstanding: | |||||||||||
Outstanding at beginning of period | 178,562 | 178,562 | 176,772 | 176,772 | |||||||
Exercise of stock options and warrants: | |||||||||||
Actual exercise of options | 755 | 755 | 113 | 113 | |||||||
Assumed exercise of options and warrants | - | 2,544 | - | 1,730 | |||||||
Purchase of common stock | (386 | ) | (386 | ) | - | - | |||||
Liabilities potentially settleable in | |||||||||||
common stock | - | 5,243 | - | 5,918 | |||||||
Contingent convertible debentures | |||||||||||
due 2021 | - | 11,574 | - | 11,574 | |||||||
| ------------ | ------------ | ------------ | ------------ | |||||||
| Total | 178,931 | 198,292 | 176,885 | 196,107 | ||||||
| ======= | ======= | ======= | ======= | |||||||
Per common share: | |||||||||||
Net earnings | $ 0.51 | 0.47 | 0.50 | 0.43 | |||||||
| ======= | ======= | ======= | ======= | |||||||
|