EXHIBIT 11
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Thirteen Weeks Ended March 27, 1994 and March 28, 1993
(Thousands of Dollars and Shares Except Per Share Data)
1994 1993
----------------- -----------------
Fully Fully
Primary Diluted Primary Diluted
------- ------- ------- -------
Net earnings before cumulative
effect of change in accounting
principles $26,717 26,717 26,580 26,580
Interest and amortization on 6%
convertible notes, net of taxes - 1,441 - 1,464
------ ------ ------ ------
Net earnings before cumulative
effect of change in accounting
principles applicable to common
shares 26,717 28,158 26,580 28,044
Cumulative effect of change in
accounting principles (4,282) (4,282) - -
------ ------ ------ ------
Net earnings applicable to
common shares $22,435 23,876 26,580 28,044
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Weighted average number of shares
outstanding:(a)
Outstanding at beginning of
period 87,795 87,795 87,176 87,176
Actual exercise of stock
options and warrants 86 86 92 92
Assumed exercise of stock
options and warrants 2,219 2,276 2,371 2,371
Assumed conversion of 6%
convertible notes - 5,114 - 5,114
------ ------ ------ ------
Total 90,100 95,271 89,639 94,753
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Per common share:
Earnings before cumulative
effect of change in
accounting principles $ .30 .30 .30 .30
Cumulative effect of change
in accounting principles (.05) (.05) - -
------ ------ ------ ------
Net earnings $ .25 .25 .30 .30
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(a) Computation to arrive at the average number is a weighted average
computation.