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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Income Statement [Abstract]        
Net revenues $ 995.3 $ 1,210.0 $ 1,752.6 $ 2,211.0
Costs and expenses:        
Cost of sales 237.7 352.2 441.9 637.5
Program cost amortization 8.5 134.4 16.6 256.9
Royalties 55.3 119.9 106.2 188.9
Product development 70.4 72.4 135.9 155.7
Advertising 60.4 85.1 111.9 167.9
Amortization of intangibles 17.1 22.8 34.1 45.9
Impairment of goodwill 0.0 231.2 0.0 231.2
Loss on disposal of business 15.3 0.0 24.4 0.0
Selling, distribution and administration 318.5 380.6 553.3 697.7
Total costs and expenses 783.2 1,398.6 1,424.3 2,381.7
Operating profit (loss) 212.1 (188.6) 328.3 (170.7)
Non-operating expense (income):        
Interest expense 43.0 46.6 81.5 92.9
Interest income (13.0) (5.8) (21.3) (11.8)
Other (income) expense, net (0.8) (1.5) 4.2 (2.9)
Total non-operating expense, net 29.2 39.3 64.4 78.2
Earnings (loss) before income taxes 182.9 (227.9) 263.9 (248.9)
Income tax expense 44.4 7.0 66.3 7.7
Net earnings (loss) 138.5 (234.9) 197.6 (256.6)
Net earnings attributable to noncontrolling interests 0.0 0.1 0.9 0.5
Net earnings (loss) attributable to Hasbro, Inc. $ 138.5 $ (235.0) $ 196.7 $ (257.1)
Net earnings (loss) per common share:        
Basic (in dollars per share) $ 0.99 $ (1.69) $ 1.41 $ (1.85)
Diluted (in dollars per share) 0.99 (1.69) 1.41 (1.85)
Cash dividends declared per common share (in dollars per share) $ 0.70 $ 0.70 $ 1.40 $ 1.40