HASBRO INC
For the period ended Sep 29, 2024. Filed Oct 31, 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.
Sep 29, 2024 · Filed Oct 31, 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
| Nine months ended | ||
|---|---|---|
| September 29,2024 | October 1,2023 | |
| Cash flows from operating activities: | ||
| Net earnings (loss) | $420.9 | $(427.0) |
| Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: | ||
| Depreciation of plant and equipment | 74.0 | 88.0 |
| Loss on disposal of business | 24.4 | 473.0 |
| Impairment of goodwill | — | 231.2 |
| Impairment of intangible assets | — | 65.0 |
| Amortization of intangibles | 51.2 | 65.1 |
| Program production cost amortization | 24.5 | 325.3 |
| Deferred income taxes | 21.0 | (47.1) |
| Stock-based compensation | 28.8 | 55.9 |
| Other non-cash items | (13.7) | (6.6) |
| Change in operating assets and liabilities net of acquired balances: | ||
| Increase in accounts receivable | (49.7) | (86.3) |
| (Increase) decrease in inventories | (45.5) | 53.0 |
| Decrease in prepaid expenses and other current assets | 8.2 | 17.0 |
| Program spend, net | (20.7) | (337.5) |
| Increase (decrease) in accounts payable and accrued liabilities | 72.7 | (127.5) |
| Change in net deemed repatriation tax | (45.9) | (34.4) |
| Other | 37.4 | 27.8 |
| Net cash provided by operating activities | 587.6 | 334.9 |
| Cash flows from investing activities: | ||
| Additions to property, plant and equipment | (146.2) | (160.4) |
| Purchases of investments | (571.0) | — |
| Net (settlement) proceeds from sale of business | (12.0) | — |
| Sale of investments | 91.0 | — |
| Other | 2.8 | (2.2) |
| Net cash utilized by investing activities | (635.4) | (162.6) |
| Cash flows from financing activities: | ||
| Proceeds from borrowings with maturity greater than three months | 498.6 | 2.5 |
| Repayments of borrowings with maturity greater than three months | — | (107.0) |
| Net proceeds from other short-term borrowings | — | 0.3 |
| Dividends paid | (292.2) | (290.9) |
| Payments related to tax withholding for share-based compensation | (13.0) | (15.7) |
| Stock-based compensation transactions | 7.6 | — |
| Payment of financing costs | (5.3) | — |
| Other | (4.9) | (7.2) |
| Net cash provided by (utilized by) financing activities | 190.8 | (418.0) |
| Effect of exchange rate changes on cash | 7.7 | (11.5) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 150.7 | (257.2) |
| Net change due to cash classified as held for sale | — | (70.4) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 150.7 | (327.6) |
| Cash, cash equivalents and restricted cash at beginning of year | 545.4 | 513.1 |
| Cash, cash equivalents and restricted cash at end of period | $696.1 | $185.5 |
| Supplemental information | ||
| Cash paid during the period for: | ||
| Interest | $101.8 | $126.7 |
| Income taxes, net | $70.2 | $96.9 |
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