EXHIBIT 11.2

HASBRO, INC. AND SUBSIDIARIES

Computation of Earnings Per Common Share

Quarters Ended September 25, 2005 and September 26, 2004

(Thousands of Dollars and Shares Except Per Share Data)

			2005				2004
			-----------------				-----------------
			Basic		Diluted		Basic	Diluted
			-------		-------		-------	-------
Net earnings			$ 92,063		92,063		88,687	88,687
Effect of dilutive securities:
Change in fair value of liabilities potentially
settleable in common stock			-		(570	)	-	(5,150	)
Interest expense on contingent convertible
debentures due 2021			-		1,066		-	1,066
			------------		------------		------------	------------
Adjusted net earnings			$ 92,063		92,559		88,687	84,603
			=======		=======		=======	=======
Weighted average number of shares
outstanding:
Outstanding at beginning of period			178,562		178,562		176,772	176,772
Exercise of stock options and warrants:
Actual exercise of options			755		755		113	113
Assumed exercise of options and warrants			-		2,544		-	1,730
Purchase of  common stock			(386	)	(386	)	-	-
Liabilities potentially settleable in
common stock			-		5,243		-	5,918
Contingent convertible debentures
due 2021			-		11,574		-	11,574
			------------		------------		------------	------------
		Total	178,931		198,292		176,885	196,107
			=======		=======		=======	=======
Per common share:
	Net earnings		$      0.51		0.47		0.50	0.43
			=======		=======		=======	=======