EXHIBIT 11.2
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Quarter Ended July 2, 1995 and June 26, 1994
(Thousands of Dollars and Shares Except Per Share Data)
1995 1994
----------------- -----------------
Fully Fully
Primary Diluted Primary Diluted
------- ------- ------- -------
Net earnings (loss) before
cumulative effect of change in
accounting principles $(14,893) (14,893) 1,634 1,634
Interest and amortization on 6%
convertible notes, net of taxes (a) - - - -
------- ------- ------- -------
Net earnings (loss) before
cumulative effect of change in
accounting principles applicable
to common shares (14,893) (14,893) 1,634 1,634
Cumulative effect of change in
accounting principles - - - -
------- ------- ------- -------
Net earnings (loss) applicable to
common shares $(14,893) (14,893) 1,634 1,634
======= ======= ======= =======
Weighted average number of shares
outstanding:(b)
Outstanding at beginning of
period 87,635 87,635 87,981 87,981
Actual exercise of stock
options and warrants 84 84 63 63
Assumed exercise of stock
options and warrants - - 1,798 1,798
Assumed conversion of 6%
convertible notes (a) - - - -
Purchase of common stock - - (6) (6)
------- ------- ------- -------
Total 87,719 87,719 89,836 89,836
======= ======= ======= =======
Per common share:
Earnings (loss) before
cumulative effect of change
in accounting principles $ (.17) (.17) .02 .02
Cumulative effect of change
in accounting principles - - - -
------- ------- ------- -------
Net earnings (loss) $ (.17) (.17) .02 .02
======= ======= ======= =======
(a) The effect of these notes is antidilutive and as such is not included.
(b) Computation to arrive at the average number is a weighted average
computation.