Earnings Per Share

6 Months Ended

Jun. 27, 2021

Net earnings (loss) per share data for the quarters and six months ended June 27, 2021 and June 28, 2020 were computed as follows:


	2021			2020
Quarter	Basic		Diluted	Basic		Diluted
Net loss attributable to Hasbro, Inc.	$	(22.9)	(22.9)	$	(33.9)	(33.9)

Average shares outstanding	137.8		137.8	137.2		137.2
Effect of dilutive securities:
Options and other share-based awards	—		—	—		—
Equivalent Shares	137.8		137.8	137.2		137.2

Net earnings loss attributable to Hasbro, Inc. per common share	$	(0.17)	(0.17)	$	(0.25)	(0.25)


	2021			2020
Six Months	Basic		Diluted	Basic		Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	93.3	93.3	$	(103.6)	(103.6)

Average shares outstanding	137.8		137.8	137.2		137.2
Effect of dilutive securities:
Options and other share-based awards	—		0.4	—		—
Equivalent Shares	137.8		138.2	137.2		137.2

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	0.68	0.68	$	(0.75)	(0.75)

For the quarter and six months ended June 27, 2021, options and restricted stock units totaling 4.6 million and 2.2 million 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 28, 2020, options and restricted stock units totaling 4.0 million and 4.0 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the fiscal 2021 amount, 2.5 million shares would have been included in the calculation of diluted shares had the Company not had a loss for the quarter ended June 27, 2021. 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 June 27, 2021. Of the fiscal 2020 amount, 0.6 million and 0.9 million 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 0.1 million and 0.3 million shares, respectively, being included in the diluted earnings per share calculation for the quarter and six months ended June 28, 2020.