EXHIBIT 11.1
HASBRO, INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
Six Months Ended June 28, 1998 and June 29, 1997
(Thousands of Dollars and Shares Except Per Share Data)
1998 1997
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Basic Diluted Basic Diluted
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Net earnings $ 13,246 13,246 38,675 38,675
Interest and amortization on 6%
convertible notes, net of taxes - - - 2,875
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Net earnings applicable to
common shares $ 13,246 13,246 38,675 41,550
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Weighted average number of shares
outstanding:
Outstanding at beginning of
period 133,441 133,441 128,863 128,863
Exercise of stock
options and warrants:
Actual 914 914 555 555
Assumed - 5,383 - 2,302
Conversion of 6%
convertible notes:
Actual - - 8 8
Assumed - - - 7,633
Purchase of common stock (1,520) (1,520) (1,203) (1,203)
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Total 132,835 138,218 128,223 138,158
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Per common share:
Net earnings $ .10 .10 .30 .30
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