EXHIBIT 11.1
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Nine Months Ended October 1, 1995 and September 25, 1994
(Thousands of Dollars and Shares Except Per Share Data)
1995 1994
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Fully Fully
Primary Diluted Primary Diluted
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Net earnings before cumulative
effect of change in accounting
principles $ 70,362 70,362 103,502 103,502
Interest and amortization on 6%
convertible notes, net of taxes - 4,338 - 4,323
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Net earnings before cumulative
effect of change in accounting
principles applicable to common
shares 70,362 74,700 103,502 107,825
Cumulative effect of change in
accounting principles - - (4,282) (4,282)
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Net earnings applicable to
common shares $ 70,362 74,700 99,220 103,543
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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 169 169 221 221
Assumed exercise of stock
options and warrants 600 704 1,720 1,720
Assumed conversion of 6%
convertible notes - 5,114 - 5,114
Purchase of common stock (7) (7) (144) (144)
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Total 88,290 93,508 89,592 94,706
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Per common share:
Earnings before cumulative
effect of change in
accounting principles $ .80 .80 1.16 1.14
Cumulative effect of change
in accounting principles - - (.05) (.05)
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Net earnings $ .80 .80 1.11 1.09
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(a) Computation to arrive at the average number is a weighted average
computation.