XML 38 R26.htm IDEA: XBRL DOCUMENT v3.24.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 29, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Liabilities
The changes in carrying amounts of contract assets and liabilities for the nine months ended September 29, 2024 and October 1, 2023 are as follows:
September 29,
2024		October 1,
2023
Assets
Balance at beginning of the year$213.3 $594.4 
Recognized in current year252.9 389.4 
Amounts reclassified to accounts receivable(221.9)(427.4)
Reclassified to assets held for sale (1)
— (384.6)
Foreign currency impact(1.8)(5.3)
Ending Balance$242.5 $166.5 
Liabilities
Balance at beginning of the year$230.8 $113.0 
Recognized in current year168.1 254.5 
Amounts in beginning balance reclassified to revenue(53.1)(68.3)
Current year amounts reclassified to revenue(96.0)(156.6)
Reclassified to liabilities held for sale (1)
— (27.5)
Foreign currency impact7.1 (2.1)
Ending Balance$256.9 $113.0 
(1) See Note 3 for additional information on assets and liabilities held for sale.
Schedule of Activity in Allowance for Credit Losses A summary of the activity in the allowance for credit losses for the nine months ended September 29, 2024 and October 1, 2023 are as follows:
September 29,
2024		October 1,
2023
Balance at beginning of the year$12.7 $20.0 
Charged to costs and expenses, net4.6 2.8 
Customer accounts written off—net of recoveries(0.5)(0.8)
Reclassified to assets held for sale (1)
— (1.4)
Foreign currency impact(0.6)0.2 
Ending balance$16.2 $20.8 
(1) See Note 3 for additional information on assets held for sale.
Schedule of Net Revenues by Geographic Regions
The following table represents consolidated Consumer Products segment net revenues by major geographic region for the three and nine months ended September 29, 2024 and October 1, 2023:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
North America$526.8 $573.6 $1,072.0 $1,234.7 
Europe162.3 208.7 341.8 472.2 
Asia Pacific81.9 61.8 193.3 191.5 
Latin America89.1 112.8 190.5 234.1 
Net revenues$860.1 $956.9 $1,797.6 $2,132.5 
Schedule of Net Revenues by Category
The following table represents consolidated Wizards of the Coast and Digital Gaming segment net revenues by category for the three and nine months ended September 29, 2024 and October 1, 2023:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
Tabletop Gaming$296.8 $290.5 $832.6 $806.9 
Digital and Licensed Gaming107.2 133.1 339.7 287.5 
Net revenues$404.0 $423.6 $1,172.3 $1,094.4 

The following table represents consolidated Entertainment segment net revenues by category for the three and nine months ended September 29, 2024 and October 1, 2023:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
Film and TV (1)
$1.6 $102.1 $3.4 $423.8 
Family Brands15.6 20.8 60.6 63.7 
Net revenues$17.2 $122.9 $64.0 $487.5 
(1) Net revenues from the Company's Film and TV portfolio were primarily associated with the Company's non-core eOne Film and TV business sold to Lionsgate during the fourth quarter of 2023.

The following table presents consolidated net revenues by brand portfolio for the three and nine months ended September 29, 2024 and October 1, 2023:
Three Months EndedNine Months Ended
September 29,
2024		October 1,
2023		September 29,
2024		October 1,
2023
Franchise Brands $941.6 $1,011.0 $2,334.7 $2,412.8 
Partner Brands190.1 228.2 402.4 533.8 
Portfolio Brands 149.6 170.6 296.8 370.6 
Non-Hasbro Branded Film & TV (1)
— 93.6 — 397.2 
Net revenues$1,281.3 $1,503.4 $3,033.9 $3,714.4 
(1) Net revenues from the Company's Non-Hasbro-branded Film and TV portfolio were associated with the Company's non-core eOne Film and TV business sold to Lionsgate during the fourth quarter of 2023.