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Earnings (Loss) Per Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share Net earnings (loss) per share data for the quarters ended March 31, 2024 and April 2, 2023 were computed as follows:
| Quarter Ended |  |
| March 31, 2024 |  | April 2, 2023 |  |  |  |
Net earnings (loss) attributable to Hasbro, Inc. | $ | 58.2 |  |  | $ | (22.1) |  |  |  |  |
Average shares outstanding | 139.1 |  |  | 138.6 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |
Options and other share-based awards | 0.2 |  |  | — |  |  |  |  |
Equivalent Shares | 139.3 |  |  | 138.6 |  |  |  |  |
Net earnings (loss) attributable to Hasbro, Inc. per common share |  |  |  |  |  |  |
Basic | $ | 0.42 |  |  | $ | (0.16) |  |  |  |  |
Diluted | $ | 0.42 |  |  | $ | (0.16) |  |  |  |  |
For the quarters ended March 31, 2024 and April 2, 2023, options and restricted stock units totaling 2.6 million and 4.2 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. Of the fiscal 2023 amount, 2.0 million would have been included in the calculation of diluted shares had the Company not had a net loss for the quarter ended April 2, 2023. Assuming that these awards and options were included, under the treasury stock method, they would have resulted in an additional 0.1 million being included in the diluted earnings per share calculation for the quarter ended April 2, 2023.

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