Income Statement Hasbro, Inc.

Equities

HAS

US4180561072

Toys & Juvenile Products

Market Closed - Nasdaq Other stock markets 04:00:00 2024-09-16 pm EDT			5-day change	1st Jan Change
69.79 ^USD	+1.54%		+3.19%	+36.68%

Sep. 16	Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	MT
Sep. 16	Hasbro Explores Moving Headquarters to Boston: Boston Business Journal	MT

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Published financial data: HASBRO, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	4.72B	5.47B	6.42B	5.86B	5B
Total Revenues	4.72B	5.47B	6.42B	5.86B	5B
Cost of Goods Sold, Total	2.31B	2.68B	3.18B	2.94B	2.58B
Gross Profit	2.41B	2.79B	3.24B	2.92B	2.42B
Selling General & Admin Expenses, Total	1.44B	1.66B	1.91B	1.65B	1.67B
R&D Expenses	262M	260M	316M	308M	307M
Amortization of Goodwill and Intangible Assets - (IS)	47.26M	145M	117M	105M	83M
Other Operating Expenses, Total	1.75B	2.06B	2.34B	2.07B	2.06B
Operating Income	661M	728M	899M	849M	364M
Interest Expense, Total	-121M	-202M	-180M	-171M	-186M
Interest And Investment Income	30.11M	7.42M	5.4M	11.8M	23M
Net Interest Expenses	-91.37M	-195M	-174M	-159M	-163M
Income (Loss) On Equity Invest.	23.64M	21.84M	20.8M	8.1M	10.9M
Currency Exchange Gains (Loss)	124M	-2.1M	5.1M	5.3M	-13.3M
Other Non Operating Income (Expenses)	-2.91M	-892K	1.1M	1.4M	1.6M
EBT, Excl. Unusual Items	715M	552M	752M	704M	200M
Restructuring Charges	-	-8.5M	-	-106M	-108M
Merger & Related Restructuring Charges	-17.78M	-219M	-7.7M	-14.6M	-1.9M
Impairment of Goodwill	-	-	-	-	-1.19B
Gain (Loss) On Sale Of Investments	8M	-7.6M	-50.2M	1.1M	-1.3M
Gain (Loss) On Sale Of Assets	-	4.9M	-109M	-22.5M	-539M
Asset Writedown	-	-	-	-300M	-67.7M
Legal Settlements	-	-	26.7M	-	-
Other Unusual Items	-111M	-	-30M	-	-
EBT, Incl. Unusual Items	594M	322M	582M	262M	-1.71B
Income Tax Expense	73.76M	96.62M	147M	58.5M	-221M
Earnings From Continuing Operations	520M	225M	435M	203M	-1.49B
Net Income to Company	520M	225M	435M	203M	-1.49B
Minority Interest	-	-2.92M	-6.6M	500K	-1.5M
Net Income - (IS)	520M	223M	429M	204M	-1.49B
Net Income to Common Incl Extra Items	520M	223M	429M	204M	-1.49B
Net Income to Common Excl. Extra Items	520M	223M	429M	204M	-1.49B
Per Share Items
Net EPS - Basic	4.07	1.62	3.11	1.47	-10.73
Basic EPS - Continuing Operations	4.07	1.62	3.11	1.47	-10.73
Basic Weighted Average Shares Outstanding	128M	137M	138M	139M	139M
Net EPS - Diluted	4.05	1.62	3.1	1.46	-10.73
Diluted EPS - Continuing Operations	4.05	1.62	3.1	1.46	-10.73
Diluted Weighted Average Shares Outstanding	128M	138M	138M	139M	139M
Normalized Basic EPS	3.49	2.49	3.36	3.18	0.89
Normalized Diluted EPS	3.48	2.49	3.35	3.17	0.89
Dividend Per Share	2.72	2.72	2.72	2.8	2.8
Payout Ratio	64.68	167.47	87.36	189.34	-26.05
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	842M	993M	1.18B	1.08B	574M
EBITA	709M	872M	1.02B	954M	447M
EBIT	661M	728M	899M	849M	364M
EBITDAR	911M	1.08B	1.27B	1.17B	664M
Effective Tax Rate - (Ratio)	12.41	30	25.19	22.37	12.95
Current Domestic Taxes	46.88M	28.36M	74.9M	112M	-35.4M
Current Foreign Taxes	41.83M	37.95M	42.9M	76.8M	57.6M
Total Current Taxes	88.71M	66.3M	118M	189M	22.2M
Deferred Domestic Taxes	-21.58M	16.32M	6.8M	-122M	-39.3M
Deferred Foreign Taxes	6.62M	13.99M	22M	-7.8M	-204M
Total Deferred Taxes	-14.96M	30.32M	28.8M	-130M	-244M
Normalized Net Income	447M	342M	463M	441M	123M
Non-Cash Pension Expense	119M	2.17M	2.6M	1.9M	1.6M
Supplemental Operating Expense Items
Advertising Expense	414M	413M	507M	387M	358M
Selling and Marketing Expenses	414M	413M	507M	387M	358M
Research And Development Expense From Footnotes	262M	260M	316M	308M	307M
Net Rental Expense, Total	68.86M	90.63M	88.2M	90.6M	89.5M
Imputed Operating Lease Interest Expense	22.7M	31.33M	27.27M	30.35M	34.99M
Imputed Operating Lease Depreciation	46.16M	59.3M	60.93M	60.25M	54.51M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., R&D Exp. (Total)	3.35M	3.26M	3.7M	4.8M	7M
Stock-Based Comp., SG&A Exp. (Total)	24.7M	46.48M	94.1M	76.5M	65.1M
Stock-Based Comp., Other (Total)	-	47.4M	-	2.1M	300K
Total Stock-Based Compensation	28.04M	97.15M	97.8M	83.4M	72.4M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	4.58B	1.38B	983M	499M	545M
Short Term Investments	25.52M	-	-	-	-
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	4.61B	1.38B	983M	499M	545M
Accounts Receivable, Total	1.44B	1.68B	1.79B	1.13B	1.03B
Total Receivables	1.44B	1.68B	1.79B	1.13B	1.03B
Inventory	446M	396M	552M	677M	332M
Prepaid Expenses	245M	322M	359M	669M	416M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	73.2M	35.8M	14.5M	600K
Other Current Assets, Total	8.18M	3.69M	10.7M	7.5M	700K
Total Current Assets	6.75B	3.85B	3.73B	3B	2.32B
Gross Property Plant And Equipment	916M	1.11B	1.15B	1.2B	1.19B
Accumulated Depreciation	-534M	-616M	-727M	-776M	-701M
Net Property Plant And Equipment	382M	489M	421M	423M	489M
Goodwill	495M	3.69B	3.42B	3.47B	2.28B
Other Intangibles, Total	646M	2.26B	1.97B	1.74B	772M
Accounts Receivable Long-Term	14.78M	77M	104M	-	-
Deferred Tax Assets Long-Term	92.4M	138M	132M	262M	428M
Deferred Charges Long-Term	118M	-	-	-	-
Other Long-Term Assets, Total	360M	318M	260M	406M	250M
Total Assets	8.86B	10.82B	10.04B	9.3B	6.54B
Liabilities
Accounts Payable, Total	344M	426M	580M	427M	341M
Accrued Expenses, Total	716M	818M	1.09B	911M	891M
Short-term Borrowings	503K	6.64M	800K	142M	-
Current Portion of Long-Term Debt	-	433M	200M	113M	500M
Current Portion of Leases	30.67M	45.01M	43.9M	39.6M	30.5M
Current Income Taxes Payable	66.72M	81.88M	30.9M	44.8M	61.6M
Unearned Revenue Current, Total	-	161M	114M	111M	102M
Other Current Liabilities	98.8M	433M	396M	400M	131M
Total Current Liabilities	1.26B	2.4B	2.46B	2.19B	2.06B
Long-Term Debt	4.05B	4.66B	3.82B	3.71B	2.97B
Long-Term Leases	113M	163M	132M	91.9M	121M
Unearned Revenue Non Current	-	-	7.1M	1.7M	129M
Pension & Other Post Retirement Benefits	54.16M	71.01M	-	45.3M	45.8M
Deferred Tax Liability Non Current	2.61M	155M	148M	122M	75.6M
Other Non Current Liabilities	386M	405M	383M	272M	60M
Total Liabilities	5.86B	7.86B	6.95B	6.43B	5.45B
Common Stock, Total	110M	110M	110M	110M	110M
Additional Paid In Capital	2.28B	2.33B	2.43B	2.54B	2.59B
Retained Earnings	4.35B	4.2B	4.26B	4.07B	2.19B
Treasury Stock	-3.56B	-3.55B	-3.53B	-3.63B	-3.63B
Comprehensive Income and Other	-184M	-195M	-235M	-255M	-202M
Total Common Equity	3B	2.9B	3.03B	2.83B	1.06B
Minority Interest	-	64.47M	61.1M	29.1M	25.1M
Total Equity	3B	2.96B	3.09B	2.86B	1.09B
Total Liabilities And Equity	8.86B	10.82B	10.04B	9.3B	6.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	137M	137M	139M	138M	139M
ECS Total Common Shares Outstanding	137M	137M	138M	138M	139M
Book Value / Share	21.89	21.1	21.89	20.5	7.65
Tangible Book Value	1.85B	-3.05B	-2.37B	-2.37B	-1.99B
Tangible Book Value Per Share	13.55	-22.24	-17.12	-17.18	-14.33
Total Debt	4.19B	5.31B	4.2B	4.1B	3.62B
Net Debt	-415M	3.93B	3.22B	3.6B	3.07B
Debt Equivalent of Unfunded Proj. Benefit Obligation	30.97M	46.03M	41.6M	30.3M	30.1M
Debt Equivalent Oper. Leases	551M	725M	706M	725M	716M
Minority Interest, Total (Incl. Fin. Div)	-	64.47M	61.1M	29.1M	25.1M
Account Code - Inventory Valuation	5	5	5	5	5
Land - (BS)	3.22M	3.38M	3.2M	3.1M	3.5M
Buildings, Total	195M	220M	220M	221M	226M
Machinery, Total	564M	627M	668M	735M	751M
Full Time Employees	5.6K	6.82K	6.64K	6.49K	5.5K
Accumulated Allowance for Doubtful Accounts (Supple)	17.2M	28.1M	22.9M	20M	12.7M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	520M	223M	429M	204M	-1.49B
Depreciation & Amortization - CF	134M	120M	163M	127M	128M
Amortization of Goodwill and Intangible Assets - (CF)	47.26M	145M	117M	105M	83M
Depreciation & Amortization, Total	181M	265M	280M	233M	211M
Amortization of Deferred Charges, Total - (CF)	85.58M	387M	629M	556M	449M
(Gain) Loss From Sale Of Asset	-	-	109M	22.1M	539M
(Gain) Loss on Sale of Investments - (CF)	-	-	74.1M	-	-
Asset Writedown & Restructuring Costs	-	71.54M	-	281M	1.31B
Stock-Based Compensation (CF)	28.04M	49.75M	97.8M	83.4M	72.4M
Other Operating Activities, Total	41.82M	40.63M	21M	-127M	-157M
Change In Accounts Receivable	-211M	211M	-160M	340M	15.5M
Change In Inventories	-4.63M	62.76M	-174M	-140M	257M
Change In Accounts Payable	62.28M	49.29M	313M	-279M	-110M
Change In Income Taxes	-14.55M	-18.36M	-18.4M	-18.4M	-34.4M
Change in Other Net Operating Assets	-35.28M	-365M	-783M	-781M	-335M
Cash from Operations	653M	976M	818M	373M	726M
Capital Expenditure	-134M	-126M	-133M	-174M	-209M
Cash Acquisitions	-8.76M	-	-	-146M	-
Divestitures	-	-	378M	-	330M
Investment in Marketable and Equity Securities, Total	-	-4.41B	-	-	-
Other Investing Activities, Total	81.44M	38.47M	-3.8M	7.5M	-2.7M
Cash from Investing	-60.96M	-4.5B	242M	-313M	118M
Short Term Debt Issued, Total	-	-	-	142M	-
Long-Term Debt Issued, Total	2.35B	1.11B	144M	3.8M	2.6M
Total Debt Issued	2.35B	1.11B	144M	146M	2.6M
Short Term Debt Repaid, Total	-8.83M	-8.62M	-5.6M	-	-41.6M
Long-Term Debt Repaid, Total	-	-276M	-1.22B	-206M	-360M
Total Debt Repaid	-8.83M	-284M	-1.23B	-206M	-401M
Issuance of Common Stock	1.01B	16.59M	30.6M	74.2M	-
Repurchase of Common Stock	-74.51M	-53.44M	-13.7M	-149M	-16.8M
Common Dividends Paid	-337M	-373M	-374M	-385M	-388M
Common & Preferred Stock Dividends Paid	-337M	-373M	-374M	-385M	-388M
Other Financing Activities, Total	-131M	-13.06M	-20.5M	-32.7M	-14.7M
Cash from Financing	2.81B	406M	-1.46B	-553M	-818M
Foreign Exchange Rate Adjustments	-4.68M	-12.75M	-30.6M	-12.7M	7.2M
Net Change in Cash	3.4B	-3.13B	-430M	-506M	32.3M
Supplemental Items
Cash Interest Paid	82.2M	183M	172M	162M	179M
Cash Income Tax Paid (Refund)	103M	81.57M	160M	177M	120M
Levered Free Cash Flow	194M	1.29B	1.3B	1.05B	987M
Unlevered Free Cash Flow	270M	1.41B	1.41B	1.16B	1.1B
Change In Net Working Capital	304M	-334M	27.6M	72.4M	-353M
Net Debt Issued / Repaid	2.35B	829M	-1.08B	-60.5M	-399M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.85	4.62	5.39	5.49	2.87
Return on Total Capital	7.76	5.94	7.32	7.51	3.93
Return On Equity %	21.91	7.57	14.39	6.82	-75.35
Return on Common Equity	21.91	7.55	14.48	6.95	-76.48
Margin Analysis
Gross Profit Margin %	51.1	51.04	50.52	49.78	48.37
SG&A Margin	30.54	30.33	29.79	28.24	33.31
EBITDA Margin %	17.84	18.16	18.36	18.46	11.48
EBITA Margin %	15.01	15.96	15.82	16.29	8.93
EBIT Margin %