XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 26, 2021
Sep. 27, 2020
Sep. 26, 2021
Sep. 27, 2020
Income Statement [Abstract]        
Net revenues $ 1,970.0 $ 1,776.6 $ 4,407.0 $ 3,742.5
Costs and expenses:        
Cost of sales 609.5 610.1 1,244.4 1,126.0
Program cost amortization 187.9 85.4 396.1 268.2
Royalties 171.8 176.9 392.2 387.1
Product development 80.1 62.7 229.1 174.9
Advertising 163.3 137.4 356.6 311.4
Amortization of intangibles 27.7 36.2 90.3 107.7
Loss on disposal of business 0.0 0.0 101.8 0.0
Selling, distribution and administration 361.8 325.4 1,004.7 885.7
Acquisition and related costs 0.0 5.9 0.0 166.0
Total costs and expenses 1,602.1 1,440.0 3,815.2 3,427.0
Operating profit 367.9 336.6 591.8 315.5
Non-operating expense (income):        
Interest expense 43.3 49.4 137.3 153.7
Interest income (1.8) (0.7) (4.2) (6.3)
Other income (expense), net 3.0 (11.3) (35.3) (15.4)
Total non-operating expense, net 44.5 37.4 97.8 132.0
Earnings before income taxes 323.4 299.2 494.0 183.5
Income tax expense 68.5 79.2 143.5 64.3
Net earnings 254.9 220.0 350.5 119.2
Net earnings (loss) attributable to noncontrolling interests 1.7 (0.9) 4.0 1.9
Net earnings attributable to Hasbro, Inc. $ 253.2 $ 220.9 $ 346.5 $ 117.3
Net earnings per common share:        
Basic (in dollars per share) $ 1.83 $ 1.61 $ 2.51 $ 0.86
Diluted (in dollars per share) 1.83 1.61 2.51 0.85
Cash dividends declared per common share (in dollars per share) $ 0.68 $ 0.68 $ 2.04 $ 2.04