EXHIBIT 11.2
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Thirteen Weeks Ended September 25, 1994 and September 26, 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 $75,151 75,151 75,548 75,548
Interest and amortization on 6%
convertible notes, net of taxes - 1,441 - 1,394
------ ------ ------ ------
Net earnings before cumulative
effect of change in accounting
principles applicable to common
shares 75,151 76,592 75,548 76,942
Cumulative effect of change in
accounting principles - - - -
------ ------ ------ ------
Net earnings applicable to
common shares $75,151 76,592 75,548 76,942
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Weighted average number of shares
outstanding:(a)
Outstanding at beginning of
period 87,948 87,948 87,464 87,464
Actual exercise of stock
options and warrants 42 42 114 114
Assumed exercise of stock
options and warrants 1,143 1,146 2,665 2,884
Assumed conversion of 6%
convertible notes - 5,114 - 5,114
Purchase of common stock (292) (292) - -
------ ------ ------ ------
Total 88,841 93,958 90,243 95,576
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Per common share:
Earnings before cumulative
effect of change in
accounting principles $ .85 .82 .84 .81
Cumulative effect of change
in accounting principles - - - -
------ ------ ------ ------
Net earnings $ .85 .82 .84 .81
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(a) Computation to arrive at the average number is a weighted average
computation.