EXHIBIT 11.2
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Thirteen Weeks Ended June 26, 1994 and June 27, 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 $ 1,634 1,634 27,150 27,150
Interest and amortization on 6%
convertible notes, net of taxes - -(a) - 1,464
------ ------ ------ ------
Net earnings before cumulative
effect of change in accounting
principles applicable to common
shares 1,634 1,634 27,150 28,614
Cumulative effect of change in
accounting principles - - - -
------ ------ ------ ------
Net earnings applicable to
common shares $ 1,634 1,634 27,150 28,614
====== ====== ====== ======
Weighted average number of shares
outstanding:(b)
Outstanding at beginning of
period 87,981 87,981 87,307 87,307
Actual exercise of stock
options and warrants 63 63 89 89
Assumed exercise of stock
options and warrants 1,798 1,798 2,530 2,791
Assumed conversion of 6%
convertible notes - -(a) - 5,114
Purchase of common stock (6) (6) - -
------ ------ ------ ------
Total 89,836 89,836 89,926 95,301
====== ====== ====== ======
Per common share:
Earnings before cumulative
effect of change in
accounting principles $ .02 .02 .30 .30
Cumulative effect of change
in accounting principles - - - -
------ ------ ------ ------
Net earnings $ .02 .02 .30 .30
====== ====== ====== ======
(a) The effect of these notes in 1994 is antidilutive and as such is not
included.
(b) Computation to arrive at the average number is a weighted average
computation.