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HASBRO INC

SEC Form 10-Q filed 2010-07-30 for the period ending 2010-06-27


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Selected tables from the SEC filing

Table 0

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HASBRO, INC. AND SUBSIDIARIES

Consolidated Balance Sheets

(Thousands of Dollars Except Share Data)

(Unaudited)

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Table 1

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HASBRO, INC. AND SUBSIDIARIES

Consolidated Balance Sheets (continued)

(Thousands of Dollars Except Share Data)

(Unaudited)

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Table 2

Financial table in standard format

HASBRO, INC. AND SUBSIDIARIES

Consolidated Statements of Operations

(Thousands of Dollars Except Per Share Data)

(Unaudited)

   
   

 

Quarter Ended

Six Months Ended

 

-----------------------------------

------------------------------------

 

June 27, 2010

June 28, 2009

June 27, 2010

June 28, 2009

 

-------------------

------------------

-------------------

-------------------

Net revenues

$

737,791

 

792,202

 

1,410,162

 

1,413,542

 

Costs and expenses

         

    Cost of sales

 

300,322

 

319,452

 

563,001

 

564,205

 

    Royalties

 

50,052

 

73,826

 

93,834

 

128,279

 

    Product development

 

47,466

 

43,529

 

87,790

 

80,660

 

    Advertising

 

71,998

 

81,677

 

143,172

 

143,986

 

    Amortization

 

11,315

 

18,792

 

22,699

 

38,679

 

    Selling, distribution and administration

 

176,912

 

181,853

 

350,613

 

343,443

 
  

------------

 

------------

 

------------

 

------------

 

     Total costs and expenses

 

658,065

 

719,129

 

1,261,109

 

1,299,252

 

 

 

------------

 

------------

 

------------

 

------------

 

Operating profit  

 

79,726

 

73,073

 

149,053

 

114,290

 

 

 

------------

 

------------

 

------------

 

------------

 

Nonoperating (income) expense

         

  Interest expense

 

21,922

 

17,503

 

38,714

 

27,218

 

  Interest income

 

(2,106

)

(739

)

(2,936

)

(2,004

)

  Other (income) expense, net

 

(1,127

)

(545

)

(1,992

)

3,635

 
  

------------

 

------------

 

------------

 

------------

 

     Total nonoperating expense, net

 

18,689

 

16,219

 

33,786

 

28,849

 

 

 

------------

 

------------

 

------------

 

------------

 

Earnings before income taxes

 

61,037

 

56,854

 

115,267

 

85,441

 

Income taxes

 

17,406

 

17,579

 

12,693

 

26,436

 

 

 

------------

 

------------

 

------------

 

------------

 

Net earnings

$

43,631

 

39,275

 

102,574

 

59,005

 
  

=======

 

=======

 

=======

 

=======

 
          

Net earnings per common share

         

   Basic

$

0.30

 

0.28

 

0.73

 

0.42

 
  

=======

 

=======

 

=======

 

=======

 

   Diluted

$

0.29

 

0.26

 

0.69

 

0.40

 
  

=======

 

=======

 

=======

 

=======

 

Cash dividends declared per

         

   common share

$

0.25

 

0.20

 

0.50

 

0.40

 

 

 

=======

 

=======

 

=======

 

=======

 
HASBRO INC CIK:46080
2010-03-27
to
2010-06-27
(3-months)
2009-03-28
to
2009-06-28
(3-months)
2009-12-27
to
2010-06-27
(6-months)
2008-12-28
to
2009-06-28
(6-months)
Net revenues$737,791792,2021,410,1621,413,542
Costs and expenses
Cost of sales300,322319,452563,001564,205
Royalties50,05273,82693,834128,279
Product development47,46643,52987,79080,660
Advertising71,99881,677143,172143,986
Amortization11,31518,79222,69938,679
Selling, distribution and administration176,912181,853350,613343,443
Total costs and expenses658,065719,1291,261,1091,299,252
Operating profit79,72673,073149,053114,290
Nonoperating (income) expense
Interest expense21,92217,50338,71427,218
Interest income(2,106)(739)(2,936)(2,004)
Other (income) expense, net(1,127)(545)(1,992)3,635
Total nonoperating expense, net18,68916,21933,78628,849
Earnings before income taxes61,03756,854115,26785,441
Income taxes17,40617,57912,69326,436
Net earnings$43,63139,275102,57459,005
Net earnings per common share
Basic$0.300.280.730.42
Diluted$0.290.260.690.40
Cash dividends declared per
common share$0.250.200.500.40

Table 3

Financial table in standard format

Item 6.   Exhibits (continued)

 

4.5

Second Supplemental Indenture, dated as of May 13, 2009, between the Company and the Bank of Nova Scotia Trust Company of New York. (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K filed May 13, 2009, File No. 1-6682.)

   
 

4.6

Third Supplemental Indenture, dated as of March 11, 2010, between the Company and the Bank of Nova Scotia Trust Company of New York.  (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K filed March 11, 2010, File No. 1-6682.)

   
 

4.7

Revolving Credit Agreement, dated as of June 23, 2006, by and among Hasbro, Inc., Hasbro SA, Bank of America, N.A., Citizens Bank of Massachusetts, Commerzbank AG, New York and Grand Cayman Branches, BNP Paribas, Banc of America Securities LLC and the other banks party thereto. (Incorporated by reference to Exhibit 10.1 to the Companys Current Report on Form 8-K dated June 23, 2006, File No. 1-6682.)

   
 

12

Computation of Ratio of Earnings to Fixed Charges

  

Quarter Ended June 27, 2010.

   
 

31.1

Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.

   
 

31.2

Certification of the Chief Financial Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.

   
 

32.1*

Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934.

   
 

32.2*

Certification of the Chief Financial Officer Pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934.

   
 

101*

The following materials from the Companys Quarterly Report on Form 10-Q for the quarter ended June 27, 2010, formatted in Extensible Business Reporting Language (XBRL): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Cash Flows, (iv) the Consolidated Statements of Comprehensive Earnings and (v) the Condensed Notes to Consolidated Financial Statements, tagged as blocks of text.

   
  

* Furnished herewith.

HASBRO INC CIK:46080
31.1
31.2
32.1*
32.2*
101*
* Furnished herewith.
Data column 1: "numyear" is ambiguous (2009 or 2009 or 2010 or 2010 or 2006 or 2006 or 2010)
Data column 1: "month" is ambiguous (5 or 5 or 3 or 3 or 6 or 6 or 6)
Data column 1: "dayofmonth" is ambiguous (13 or 13 or 11 or 11 or 23 or 23 or 27)
Data column 1: Unable to interpret date in column header

Table 4

Financial table in standard format

Exhibit

 

No.

Exhibits

-------

-----------

  

3.1

Restated Articles of Incorporation of the Company. (Incorporated by reference to Exhibit 3.1 to the Companys Quarterly Report on Form 10-Q for the period ended July 2, 2000, File No. 1-6682.)

   

3.2

Amendment to Articles of Incorporation, dated June 28, 2000. (Incorporated by reference to Exhibit 3.4 to the Companys Quarterly Report on Form 10-Q for the period ended July 2, 2000, File No. 1-6682.)

   

3.3

Amendment to Articles of Incorporation, dated May 19, 2003.  (Incorporated by reference to Exhibit 3.3 to the Companys Quarterly Report on Form 10-Q for the period ended June 29, 2003, File No. 1-6682.)

   

3.4

Amended and Restated Bylaws of the Company, as amended. (Incorporated by reference to Exhibit 3(d) to the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2006, File No. 1-6682.)

   

3.5

Certificate of Designations of Series C Junior Participating Preference Stock of Hasbro, Inc. dated June 29, 1999. (Incorporated by reference to Exhibit 3.2 to the Companys Quarterly Report on Form 10-Q for the period ended July 2, 2000, File No. 1-6682.)

   

3.6

Certificate of Vote(s) authorizing a decrease of class or series of any class of shares. (Incorporated by reference to Exhibit 3.3 to the Companys Quarterly Report on Form 10-Q for the period ended July 2, 2000, File No 1-6682.)

   

4.1

Indenture, dated as of July 17, 1998, by and between the Company and Citibank, N.A. as Trustee. (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K dated July 14, 1998, File No. 1-6682.)

   

4.2

Indenture, dated as of March 15, 2000, by and between the Company and the Bank of Nova Scotia Trust Company of New York. (Incorporated by reference to Exhibit 4(b) (i) to the Companys Annual Report on Form 10-K for the year ended December 26, 1999, File No. 1-6682.)

   

4.3

Indenture, dated as of November 30, 2001, by and between the Company and The Bank of Nova Scotia Trust Company of New York. (Incorporated by reference to Exhibit 4.1 to the Companys Registration Statement on Form S-3, File No. 333-83250, filed February 22, 2002.)

   

4.4

First Supplemental Indenture, dated as of September 17, 2007, between the Company and the Bank of Nova Scotia Trust Company of New York. (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K filed September 17, 2007, File No. 1-6682.)

 

4.5

Second Supplemental Indenture, dated as of May 13, 2009, between the Company and the Bank of Nova Scotia Trust Company of New York. (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K filed May 13, 2009, File No. 1-6682.)

   

4.6

Third Supplemental Indenture, dated as of March 11, 2010, between the Company and the Bank of Nova Scotia Trust Company of New York.  (Incorporated by reference to Exhibit 4.1 to the Companys Current Report on Form 8-K filed March 11, 2010, File No. 1-6682.)

   

4.7

Revolving Credit Agreement, dated as of June 23, 2006, by and among Hasbro, Inc., Hasbro SA, Bank of America, N.A., Citizens Bank of Massachusetts, Commerzbank AG, New York and Grand Cayman Branches, BNP Paribas, Banc of America Securities LLC and the other banks party thereto. (Incorporated by reference to Exhibit 10.1 to the Companys Current Report on Form 8-K dated June 23, 2006, File No. 1-6682.)

  

12

Computation of Ratio of Earnings to Fixed Charges -

 

Quarter Ended June 27, 2010.

  

31.1

Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.

  

31.2

Certification of the Chief Financial Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.

  

 32.1*

Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934.

  

 32.2*

Certification of the Chief Financial Officer Pursuant to Rule 13a-14(b) under the Securities Exchange Act of 1934.

  

 101*

The following materials from the Companys Quarterly Report on Form 10-Q for the quarter ended June 27, 2010, formatted in Extensible Business Reporting Language (XBRL): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Cash Flows, (iv) the Consolidated Statements of Comprehensive Earnings and (v) the Condensed Notes to Consolidated Financial Statements, tagged as blocks of text.

  
 

* Furnished herewith.

HASBRO INC CIK:46080
31.1
31.2
32.1*
32.2*
101*
* Furnished herewith.
Data column 1: "numyear" is ambiguous (2000 or 2000 or 2000 or 2003 or 2003 or 2006 or 1999 or 2000 or 2000 or 1998 or 1998 or 2000 or 1999 or 2001 or 2002 or 2007 or 2007 or 2009 or 2009 or 2010 or 2010 or 2006 or 2006 or 2010)
Data column 1: "month" is ambiguous (7 or 6 or 7 or 5 or 6 or 12 or 6 or 7 or 7 or 7 or 7 or 3 or 12 or 11 or 2 or 9 or 9 or 5 or 5 or 3 or 3 or 6 or 6 or 6)
Data column 1: "dayofmonth" is ambiguous (2 or 28 or 2 or 19 or 29 or 31 or 29 or 2 or 2 or 17 or 14 or 15 or 26 or 30 or 22 or 17 or 17 or 13 or 13 or 11 or 11 or 23 or 23 or 27)
Data column 1: Unable to interpret date in column header

Original filing from SEC EDGAR system.