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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jun. 26, 2022
Jul. 02, 2023
Jun. 26, 2022
Income Statement [Abstract]        
Net revenues $ 1,210.0 $ 1,339.2 $ 2,211.0 $ 2,502.3
Costs and expenses:        
Cost of sales 352.2 411.5 637.5 744.6
Program cost amortization 134.4 80.7 256.9 219.2
Royalties 119.9 110.1 188.9 200.2
Product development 72.4 79.2 155.7 148.8
Advertising 85.1 84.2 167.9 161.8
Amortization of intangibles 22.8 27.2 45.9 54.3
Selling, distribution and administration 380.6 327.2 697.7 634.3
Impairment of goodwill 231.2 0.0 231.2 0.0
Total costs and expenses 1,398.6 1,120.1 2,381.7 2,163.2
Operating profit (loss) (188.6) 219.1 (170.7) 339.1
Non-operating expense (income):        
Interest expense 46.6 41.7 92.9 83.3
Interest income (5.8) (2.7) (11.8) (4.8)
Other (income) expense, net (1.5) 0.2 (2.9) 0.5
Total non-operating expense, net 39.3 39.2 78.2 79.0
Earnings (loss) before income taxes (227.9) 179.9 (248.9) 260.1
Income tax expense 7.0 39.4 7.7 56.7
Net earnings (loss) (234.9) 140.5 (256.6) 203.4
Net earnings (loss) attributable to noncontrolling interests 0.1 (1.5) 0.5 0.2
Net earnings (loss) attributable to Hasbro, Inc. $ (235.0) $ 142.0 $ (257.1) $ 203.2
Net earnings (loss) per common share:        
Basic (in dollars per share) $ (1.69) $ 1.02 $ (1.85) $ 1.46
Diluted (in dollars per share) (1.69) 1.02 (1.85) 1.46
Cash dividends declared per common share (in dollars per share) $ 0.70 $ 0.70 $ 1.40 $ 1.40