Income Taxes (Tables)

12 Months Ended

Dec. 30, 2012

Income Taxes [Abstract]

Schedule of income taxes attributable to earnings before income taxes

Income taxes attributable to earnings before income taxes are:

	2012			2011			2010
Current
United States	$	64,076			49,233			35,232
State and local		1,587			2,538			1,931
International		67,826			52,176			47,633
		133,489			103,947			84,796
Deferred
United States		(8,832	)		(1,973	)		26,269
State and local		(303	)		(68	)		901
International		(6,951	)		(880	)		(1,998	)
		(16,086	)		(2,921	)		25,172
Total income taxes	$	117,403			101,026			109,968

Schedule of effective income tax rate reconciliation

A reconciliation of the statutory United States federal income tax rate to Hasbro's effective income tax rate is as follows:

	2012			2011			2010
Statutory income tax rate		35.0	%		35.0	%		35.0	%
State and local income taxes, net		0.3			0.3			0.4
Tax on international earnings		(9.4	)		(11.4	)		(11.2	)
Exam settlements and statute expirations		(0.7	)		(4.6	)		(4.4	)
Other, net		0.7			1.5			1.9
		25.9	%		20.8	%		21.7	%

Schedule of components of earnings before income taxes, determined by tax jurisdiction

The components of earnings before income taxes, determined by tax jurisdiction, are as follows:

	2012		2011		2010
United States	$	113,893		132,255		168,436
International		339,509		354,138		339,284
Total earnings before income taxes	$	453,402		486,393		507,720

Schedule of deferred tax assets and liabilities

	2012			2011
Deferred tax assets:
Accounts receivable	$	21,410			22,007
Inventories		15,472			18,398
Loss carryforwards		25,083			27,943
Operating expenses		46,879			39,623
Pension		49,159			35,969
Other compensation		53,611			49,780
Postretirement benefits		16,447			15,723
Tax sharing agreement		25,510			25,991
Other		31,038			17,749
Gross deferred tax assets		284,609			253,183
Valuation allowance		(17,145	)		(18,145	)
Net deferred tax assets		267,464			235,038
Deferred tax liabilities:
International earnings not indefinitely reinvested		1,919			7,846
Depreciation and amortization of long-lived assets		76,365			73,301
Equity method investment		19,967			21,396
Other		5,736			3,075
Deferred tax liabilities		103,987			105,618
Net deferred income taxes	$	163,477			129,420

Schedule of deferred tax assets and liabilities by balance sheet location

At December 30, 2012 and December 25, 2011, the Company's net deferred income taxes are recorded in the consolidated balance sheets as follows:

	2012			2011
Prepaid expenses and other current assets	$	85,429			68,774
Other assets		79,746			62,574
Accrued liabilities		(641	)		(731	)
Other liabilities		(1,057	)		(1,197	)
Net deferred income taxes	$	163,477			129,420

Schedule of unrecognized tax benefits excluding potential interest and penalties

A reconciliation of unrecognized tax benefits, excluding potential interest and penalties, for the fiscal years ended December 30, 2012, December 25, 2011, and December 26, 2010 is as follows:

	2012			2011			2010
Balance at beginning of year	$	83,814			91,109			97,857
Gross increases in prior period tax positions		3,089			811			706
Gross decreases in prior period tax positions		(10,856	)		(33,501	)		(36,010	)
Gross increases in current period tax positions		30,008			27,910			34,598
Decreases related to settlements with tax authorities		-			(792	)		(5,550	)
Decreases from the expiration of statute of limitations		(2,988	)		(1,723	)		(492	)
Balance at end of year	$	103,067			83,814			91,109