EXHIBIT 11.2
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Quarter Ended September 28, 1997 and September 29, 1996
(Thousands of Dollars and Shares Except Per Share Data)
1997 1996(a)
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Fully Fully
Primary Diluted Primary Diluted
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Net earnings $ 77,400 77,400 70,469 70,469
Interest and amortization on 6%
convertible notes, net of taxes - 1,433 - 1,440
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Net earnings applicable to
common shares $ 77,400 78,833 70,469 71,909
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Weighted average number of shares
outstanding:(b)
Outstanding at beginning of
period 127,441 127,441 130,255 130,255
Actual exercise of stock
options and warrants 145 145 52 52
Assumed exercise of stock
options and warrants 2,564 2,564 1,643 2,027
Actual conversion of 6%
convertible notes 7 7 - -
Assumed conversion of 6%
convertible notes - 7,616 - 7,667
Purchase of common stock (670) (670) (831) (831)
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Total 129,487 137,103 131,119 139,170
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Per common share:
Net earnings $ .60 .57 .54 .52
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(a) Adjusted to reflect the three-for-two stock split paid March 21, 1997.
(b) Computation to arrive at the average number is a weighted average
computation.