Earnings Per Share

6 Months Ended

Jun. 26, 2022

Net earnings (loss) per share data for the quarters and six months ended June 26, 2022 and June 27, 2021 were computed as follows:


	2022			2021
Quarter	Basic		Diluted	Basic		Diluted
Net earnings (loss) attributable to Hasbro, Inc.	$	142.0	142.0	$	(22.9)	(22.9)

Average shares outstanding	139.0		139.0	137.8		137.8
Effect of dilutive securities:
Options and other share-based awards	—		0.2	—		—
Equivalent Shares	139.0		139.2	137.8		137.8

Net earnings (loss) attributable to Hasbro, Inc. per common share	$	1.02	1.02	$	(0.17)	(0.17)


	2022				2021
Six Months	Basic		Diluted		Basic		Diluted
Net earnings attributable to Hasbro, Inc.	$	203.2	$	203.2	$	93.3	$	93.3

Average shares outstanding	139.2		139.2		137.8		137.8
Effect of dilutive securities:
Options and other share-based awards	—		0.2		—		0.4
Equivalent Shares	139.2		139.4		137.8		138.2

Net earnings attributable to Hasbro, Inc. per common share	$	1.46	$	1.46	$	0.68	$	0.68

For the quarter and six months ended June 26, 2022, options and restricted stock units totaling 3.0 million and 3.8 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 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. Of the second quarter 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 options and restricted stock units 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.