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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Sep. 29, 2024
Oct. 01, 2023
Income Statement [Abstract]        
Net revenues $ 1,281.3 $ 1,503.4 $ 3,033.9 $ 3,714.4
Costs and expenses:        
Cost of sales 378.9 494.5 820.8 1,132.0
Program cost amortization 7.9 68.4 24.5 325.3
Royalties 98.0 106.9 204.2 295.8
Product development 76.3 76.7 212.2 232.4
Advertising 101.9 81.9 213.8 249.8
Amortization of intangibles 17.1 19.2 51.2 65.1
Impairment of goodwill 0.0 0.0 0.0 231.2
Loss on disposal of business 0.0 473.0 24.4 473.0
Selling, distribution and administration 299.3 352.3 852.6 1,050.0
Total costs and expenses 979.4 1,672.9 2,403.7 4,054.6
Operating profit (loss) 301.9 (169.5) 630.2 (340.2)
Non-operating expense (income):        
Interest expense 46.2 47.1 127.7 140.0
Interest income (14.7) (3.8) (36.0) (15.6)
Other (income) expense, net (19.9) 2.2 (15.7) (0.7)
Total non-operating expense, net 11.6 45.5 76.0 123.7
Earnings (loss) before income taxes 290.3 (215.0) 554.2 (463.9)
Income tax expense (benefit) 67.0 (44.6) 133.3 (36.9)
Net earnings (loss) 223.3 (170.4) 420.9 (427.0)
Net earnings attributable to noncontrolling interests 0.1 0.7 1.0 1.2
Net earnings (loss) attributable to Hasbro, Inc. $ 223.2 $ (171.1) $ 419.9 $ (428.2)
Net earnings (loss) per common share:        
Basic (in dollars per share) $ 1.60 $ (1.23) $ 3.01 $ (3.09)
Diluted (in dollars per share) 1.59 (1.23) 3.00 (3.09)
Cash dividends declared per common share (in dollars per share) $ 0.70 $ 0.70 $ 1.40 $ 2.10