Earnings (Loss) Per Share

3 Months Ended

Mar. 29, 2020

Net earnings per share data for the quarters ended March 29, 2020 and March 31, 2019 were computed as follows:



	2020					2019
Quarter	Basic			Diluted		Basic	Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	(69,637	)	(69,637	)	26,727	26,727

Average shares outstanding	137,147			137,147		126,287	126,287
Effect of dilutive securities:
Options and other share-based awards	—			—		—	529
Equivalent Shares	137,147			137,147		126,287	126,816

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	(0.51	)	(0.51	)	0.21	0.21

For the quarters ended March 29, 2020 and March 31, 2019, options and restricted stock units totaling 4,055 and 1,693, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the 2020 amount, 1,151 shares would have been included in the calculation of diluted shares had the Company not had a net loss in the first quarter of 2020. Assuming that these awards and options were included, under the treasury stock method, they would have resulted in an additional 372 shares being included in the diluted earnings per share calculation for the quarter ended March 29, 2020.