HASBRO INC
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
HAS$121.82+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Three months ended | ||
|---|---|---|
| March 31,2024 | April 2,2023 | |
| Cash flows from operating activities: | ||
| Net earnings (loss) | $59.1 | $(21.7) |
| Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: | ||
| Depreciation of plant and equipment | 21.3 | 23.9 |
| Loss on disposal of business | 9.1 | — |
| Amortization of intangibles | 17.0 | 23.1 |
| Program cost amortization | 8.1 | 122.5 |
| Deferred income taxes | 10.8 | (2.8) |
| Stock-based compensation | (5.0) | 15.7 |
| Other non-cash items | 8.7 | (0.5) |
| Change in operating assets and liabilities net of acquired balances: | ||
| Decrease in accounts receivable | 388.3 | 454.6 |
| Increase in inventories | (7.9) | (32.5) |
| Increase in prepaid expenses and other current assets | (36.4) | (75.4) |
| Program spend, net | (9.3) | (266.3) |
| Decrease in accounts payable and accrued liabilities | (279.3) | (167.0) |
| Other | (6.7) | 15.2 |
| Net cash provided by operating activities | 177.8 | 88.8 |
| Cash flows from investing activities: | ||
| Additions to property, plant and equipment | (45.8) | (53.2) |
| Other | (2.3) | (2.4) |
| Net cash utilized by investing activities | (48.1) | (55.6) |
| Cash flows from financing activities: | ||
| Proceeds from borrowings with maturity greater than three months | — | 1.2 |
| Repayments of borrowings with maturity greater than three months | — | (35.5) |
| Net repayments from other short-term borrowings | — | (7.7) |
| Dividends paid | (97.2) | (96.7) |
| Payments related to tax withholding for share-based compensation | (10.2) | (14.0) |
| Stock-based compensation transactions | 0.2 | — |
| Other | (1.7) | (3.9) |
| Net cash utilized by financing activities | (108.9) | (156.6) |
| Effect of exchange rate changes on cash | 4.0 | (3.5) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 24.8 | (126.9) |
| Cash, cash equivalents and restricted cash at beginning of year | 545.4 | 513.1 |
| Cash, cash equivalents and restricted cash at end of period | $570.2 | $386.2 |
| Supplemental information | ||
| Cash paid during the period for: | ||
| Interest | $28.5 | $34.3 |
| Income taxes, net | $5.1 | $26.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.