Earnings Per Share

3 Months Ended

Mar. 28, 2021

Net earnings per share data for the quarters ended March 28, 2021 and March 29, 2020 were computed as follows:


	2021			2020
Quarter	Basic		Diluted	Basic		Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	116.2	116.2	$	(69.7)	(69.7)

Average shares outstanding	137.7		137.7	137.1		137.1
Effect of dilutive securities:
Options and other share-based awards	—		0.4	—		—
Equivalent Shares	137.7		138.1	137.1		137.1

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	0.84	0.84	$	(0.51)	(0.51)

For the quarters ended March 28, 2021 and March 29, 2020, options and restricted stock units totaling 2.2 million and 4.1 million respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the 2020 amount, 1.2 million 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 0.4 million shares being included in the diluted earnings per share calculation for the quarter ended March 29, 2020.