← HASBRO, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $551.4m | $396.6m | $220.4m | $520.5m | $222.5m | $428.7m | $203.5m | ($1.5b) | $385.6m | ($322.4m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | $428.7m | $203.5m | ($1.5b) | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $533.2m | $396.6m | $220.4m | $520.5m | $225.4m | $435.3m | $203.0m | ($1.5b) | $394.4m | ($318.2m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($18.2m) | $0 | $0 | — | $2.9m | $6.6m | ($500k) | $1.5m | $8.8m | $4.2m | |
| Depreciation, Depletion and Amortization | $154.5m | $171.8m | $168.0m | $180.8m | $265.0m | $280.1m | $232.5m | $210.7m | $163.0m | $135.5m | |
| Amortization of Intangible Assets | $34.8m | $28.8m | $28.7m | $47.3m | $144.7m | $116.8m | $105.3m | $83.0m | $68.3m | $66.0m | |
| Depreciation | $119.7m | $143.0m | $139.3m | $133.5m | $120.2m | $163.3m | $127.3m | $127.7m | $94.7m | $69.5m | |
| Deferred Income Tax Expense (Benefit) | ($662k) | $112.1m | ($11.1m) | ($15.0m) | $30.3m | $28.8m | ($130.1m) | ($243.5m) | ($20.6m) | $158.6m | |
| Share-based Payment Arrangement, Noncash Expense | $61.6m | $56.0m | $27.9m | $28.0m | $49.7m | $97.8m | $83.4m | $72.4m | $50.8m | $80.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $22.0m | $32.0m | $58.3m | $13.1m | $6.0m | $13.7m | $24.0m | $16.8m | $14.4m | $23.7m | |
| Share-based Payment Arrangement, Expense | $61.6m | $56.0m | $27.9m | $28.0m | $49.7m | $97.8m | $81.3m | $71.9m | $50.8m | $80.4m | |
| Goodwill, Impairment Loss | $32.9m | $0 | $86.3m | $0 | $0 | $108.8m | $11.8m | $1.2b | $0 | $1.0b | |
| Impairment of Intangible Assets, Finite-lived | — | — | $31.3m | $0 | $71.5m | — | — | — | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | $0 | $0 | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($74.1m) | $0 | $0 | ($78.2m) | $0 | |
| Income Tax Expense (Benefit) | $159.3m | $389.5m | $50.0m | $73.8m | $96.6m | $146.6m | $58.5m | ($221.3m) | $102.6m | $216.2m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $171.2m | $163.4m | |
| Operating Lease, Expense | — | — | — | — | $90.6m | $88.2m | $90.6m | $88.2m | $500k | $400k | |
| Other Nonoperating Income (Expense) | ($7.5m) | $51.9m | $7.8m | $13.9m | $14.0m | ($7.1m) | $13.0m | ($7.0m) | ($69.1m) | $21.7m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $149.9m | $50.4m | ($180.1m) | $211.4m | ($210.8m) | $159.5m | ($339.6m) | ($15.5m) | ($77.3m) | $150.2m | |
| Increase (Decrease) in Inventories | $12.1m | $25.3m | $37.2m | $4.6m | ($62.8m) | $173.9m | $139.5m | ($257.1m) | ($22.1m) | $25.4m | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | ($108.8m) | ($22.1m) | ($539.0m) | ($37.4m) | ($25.0m) | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $1.0m | $1.5m | ($180k) | $1.9m | ($295k) | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | — | $22.4m | |
| Goodwill | $570.6m | $573.1m | $485.9m | $494.6m | $3.7b | $3.4b | $3.5b | $2.3b | $2.3b | $1.3b | |
| Inventory Write-down | — | — | — | — | — | — | — | $91.2m | $22.4m | $49.3m | |
| Investment Income, Interest | $9.4m | $22.2m | $22.4m | $30.1m | $7.4m | $5.4m | $11.8m | $23.0m | $47.3m | $28.6m | |
| Nonoperating Income (Expense) | ($95.6m) | ($24.2m) | ($60.6m) | ($57.8m) | ($179.8m) | ($181.4m) | ($146.2m) | ($170.3m) | ($193.0m) | ($113.1m) | |
| Payments of Financing Costs | — | — | — | $26.7m | $0 | $0 | — | — | $5.3m | $0 | |
| Pension Cost (Reversal of Cost) | $45.2m | $45.9m | $41.9m | — | — | — | — | — | $3.0m | $4.7m | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | $111.0m | $0 | $0 | — | — | — | — | |
| Proceeds from Stock Options Exercised | $42.2m | $29.4m | $30.0m | $31.8m | $16.6m | $30.6m | $74.2m | $0 | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $34.1m | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $0 | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $54.0m | ($6.4m) | ($1.9m) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $774.9m | $724.4m | $646.0m | $653.1m | $976.3m | $817.9m | $372.9m | $725.6m | $847.4m | $893.2m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $154.9m | $134.9m | $140.4m | $133.6m | $125.8m | $132.7m | $174.2m | $209.3m | $87.2m | $63.3m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12.4m | $0 | $155.5m | $8.8m | $4.4b | $0 | $146.3m | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | ($28.9m) | ($3.4m) | ($9.4m) | ($1.5m) | ($38.5m) | $3.8m | ($7.5m) | $2.7m | $6.2m | ($19.3m) | |
| Net Cash Provided by (Used in) Investing Activities | ($138.4m) | ($131.5m) | ($286.5m) | ($61.0m) | ($4.5b) | $242.0m | ($313.0m) | $117.6m | ($203.7m) | ($284.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $0 | $493.9m | $0 | $2.4b | $1.1b | $144.0m | $3.8m | $2.6m | $498.6m | $0 | |
| Repayments of Long-term Debt | $0 | $350.0m | $0 | $0 | $275.5m | $1.2b | $206.0m | $359.6m | $581.3m | $118.2m | |
| Proceeds from Issuance of Common Stock | — | — | — | $975.2m | $0 | $0 | — | — | — | — | |
| Payments for Repurchase of Common Stock | $150.1m | $151.3m | $250.1m | $61.4m | $0 | $0 | $125.0m | $0 | $0 | — | |
| Dividends paid | $248.9m | $277.0m | $309.3m | $336.6m | $372.7m | $374.5m | $385.3m | $388.0m | $389.9m | $392.5m | |
| Dividends Payable, Current | $63.5m | $70.9m | $79.5m | $93.1m | $93.4m | $94.0m | $96.7m | $97.2m | $0 | — | |
| Proceeds from (Payments for) Other Financing Activities | ($5.8m) | ($6.8m) | ($7.1m) | ($4.8m) | ($13.1m) | ($11.4m) | ($32.7m) | ($14.7m) | ($12.8m) | ($6.5m) | |
| Net Cash Provided by (Used in) Financing Activities | ($333.1m) | ($312.2m) | ($737.1m) | $2.8b | $405.9m | ($1.5b) | ($553.3m) | ($818.1m) | ($497.5m) | ($531.3m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $18.2m | ($21.3m) | ($4.7m) | ($12.8m) | ($30.6m) | ($12.7m) | $7.2m | $3.4m | $4.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $18.2m | ($21.3m) | $3.4b | ($3.1b) | ($430.5m) | ($506.1m) | $32.3m | $149.6m | $81.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $298.9m | ($398.9m) | $4.6b | $1.4b | $1.0b | $513.1m | $545.4m | $695.0m | $776.6m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $89.3m | $82.3m | $82.2m | $182.9m | $171.9m | $161.7m | $179.0m | $162.2m | $158.4m | |
| Income Taxes Paid, Net | $98.9m | $115.8m | $117.9m | $103.1m | $81.6m | $160.5m | $177.2m | $119.8m | $92.7m | $196.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.