EXHIBIT 11
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Quarter Ended April 2, 1995 and March 27, 1994
(Thousands of Dollars and Shares Except Per Share Data)
1995 1994
----------------- -----------------
Fully Fully
Primary Diluted Primary Diluted
------- ------- ------- -------
Net earnings before cumulative
effect of change in accounting
principles $21,683 21,683 26,717 26,717
Interest and amortization on 6%
convertible notes, net of taxes - 1,441 - 1,441
------ ------ ------ ------
Net earnings before cumulative
effect of change in accounting
principles applicable to common
shares 21,683 23,124 26,717 28,158
Cumulative effect of change in
accounting principles - - (4,282) (4,282)
------ ------ ------ ------
Net earnings applicable to
common shares $21,683 23,124 22,435 23,876
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Weighted average number of shares
outstanding:(a)
Outstanding at beginning of
period 87,528 87,528 87,795 87,795
Actual exercise of stock
options and warrants 48 48 86 86
Assumed exercise of stock
options and warrants 580 682 2,219 2,276
Assumed conversion of 6%
convertible notes - 5,114 - 5,114
Purchase of common stock (3) (3) - -
------ ------ ------ ------
Total 88,153 93,369 90,100 95,271
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Per common share:
Earnings before cumulative
effect of change in
accounting principles $ .25 .25 .30 .30
Cumulative effect of change
in accounting principles - - (.05) (.05)
------ ------ ------ ------
Net earnings $ .25 .25 .25 .25
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(a) Computation to arrive at the average number is a weighted average
computation.