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Earnings (Loss) Per Common Share | 6 Months Ended
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Jun. 29, 2025
Earnings Per Share [Abstract] |
Earnings (Loss) Per Common Share | Earnings (Loss) Per Common Share Net earnings (loss) per share data were computed as follows:
| Three Months Ended |  | Six Months Ended
| June 29, 2025 |  | June 30, 2024 |  | June 29, 2025 |  | June 30, 2024
Net earnings (loss) attributable to Hasbro, Inc. | $ | (855.8) |  |  | $ | 138.5 |  |  | $ | (757.2) |  |  | $ | 196.7 |
Average shares outstanding | 140.3 |  |  | 139.5 |  |  | 140.0 |  |  | 139.2 |
Effect of dilutive securities: |  |  |  |  |  |  |
Options and other share-based awards | — |  |  | 0.5 |  |  | — |  |  | 0.4 |
Equivalent Shares | 140.3 |  |  | 140.0 |  |  | 140.0 |  |  | 139.6 |
Net earnings (loss) attributable to Hasbro, Inc. per common share |  |  |  |  |  |  |
Basic | $ | (6.10) |  |  | $ | 0.99 |  |  | $ | (5.41) |  |  | $ | 1.41 |
Diluted | $ | (6.10) |  |  | $ | 0.99 |  |  | $ | (5.41) |  |  | $ | 1.41 |
For the three and six months ended June 29, 2025, options and restricted stock units were each totaling 3.6 million and were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. For the three and six months ended June 30, 2024 options and restricted stock units totaling 2.0 million and 2.3 million, respectively, were excluded from the calculation of diluted earnings per share because to include them would have been anti-dilutive. With respect to 2025, 2.9 million and 2.8 million awards, respectively, would have been included in the calculation of diluted shares had the Company not had a net loss for the three and six months ended June 29, 2025. Assuming that these options and restricted stock units were included, under the treasury stock method, this would have resulted in an additional 1.0 million and 1.1 million shares, respectively, being included in the diluted earnings per share calculation for the three and six months ended June 29, 2025.

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