Earnings (Loss) Per Share

6 Months Ended

Jun. 28, 2020

Net earnings (loss) per share data for the quarters and six months ended June 28, 2020 and June 30, 2019 were computed as follows:


	2020					2019
Quarter	Basic		Diluted	Basic		Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	(33,915)	(33,915)	$	13,433	13,433

Average shares outstanding	137,238		137,238	126,329		126,329
Effect of dilutive securities:
Options and other share-based awards	—		—	—		518
Equivalent Shares	137,238		137,238	126,329		126,847

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	(0.25)	(0.25)	$	0.11	0.11


	2020					2019
Six Months	Basic		Diluted	Basic		Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	(103,552)	(103,552)	$	40,160	40,160

Average shares outstanding	137,193		137,193	126,308		126,308
Effect of dilutive securities:
Options and other share-based awards	—		—	—		523
Equivalent Shares	137,193		137,193	126,308		126,831

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	(0.75)	(0.75)	$	0.32	0.32

For the quarter and six months ended June 28, 2020, options and restricted stock units totaling 4,030 and 4,043, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. For the quarter and six months ended June 30, 2019, options and restricted stock units totaling 1,570 and 1,631, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the fiscal 2020 amount, 648 and 900 shares, respectively, would have been included in the calculation of diluted shares had the Company not had a net loss for the quarter and six months ended June 28, 2020. Assuming that these awards and options were included, under the treasury stock method, they would have resulted in an additional 148 and 260 shares, respectively, being included in the diluted earnings per share calculation for the quarter and six months ended June 28, 2020.