Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

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The Company’s common stock, par value $0.50 per share (the “Common Stock”), is traded on The NASDAQ Global Select Market under the symbol “HAS”. The following table sets forth the high and low sales prices in the applicable quarters, as reported on the Composite Tape of The NASDAQ Global Select Market as well as the cash dividends declared per share of Common Stock for the periods listed.


	Sales Prices				Cash Dividends Declared
Period	High		Low
2017
1st Quarter	$	101.08		77.20	$	0.57
2nd Quarter		113.49		94.76		0.57
3rd Quarter		116.20		91.57		0.57
4th Quarter		99.17		87.92		0.57
2016
1st Quarter	$	79.40		65.52	$	0.51
2nd Quarter		88.53		77.42		0.51
3rd Quarter		87.00		76.80		0.51
4th Quarter		87.96		76.14		0.51

The approximate number of holders of record of the Company’s Common Stock as of February 7, 2018 was 8,210.

See Part III, Item 12 of this report for the information concerning the Company’s “Equity Compensation Plans”.

Dividends

Declaration of dividends is at the discretion of the Company’s Board of Directors and will depend upon the earnings and financial condition of the Company and such other factors as the Board of Directors deems appropriate.

Issuer Repurchases of Common Stock

Repurchases made in the fourth quarter (in whole numbers of shares and dollars)


	(a) Total Number of Shares (or Units) Purchased		(b) Average Price Paid per Share (or Unit)		(c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs		(d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Program
October 2017 10/02/17 — 10/29/17		47,300	$	94.91		47,300	$	211,977,034
November 2017 10/30/17 — 12/03/17		364,813	$	93.23		364,813	$	177,966,196
December 2017 12/04/17 — 12/31/17		281,549	$	90.84		—	$	177,966,196
Total		693,662	$	92.37		412,113	$	177,966,196

In February 2015, the Company announced that its Board of Directors authorized the repurchase of an additional $500 million in common stock. Purchases of the Company’s common stock may be made from time to time, subject to market conditions. These shares may be repurchased in the open market or through privately negotiated transactions. The Company has no obligation to repurchase shares under the authorization, and the timing, actual number, and value of the shares that are repurchased, if any, will depend on a number of factors, including the price of the Company’s stock. The Company may suspend or discontinue the program at any time and there is no expiration date.

In December 2017, the Company repurchased 281,549 shares in connection with the vesting of certain restricted stock awards. The shares were delivered by the award recipient as payment of the withholding taxes related to the vesting of the award. These shares were repurchased at the market price on the date of the issuance of the restricted stock.

Item 6.	*Selected Financial Data*.

(Thousands of dollars and shares except per share data and ratios)


	Fiscal Year
	2017		2016			2015			2014			2013
Consolidated Statements of Operations Data:
Net revenues	$	5,209,782		5,019,822			4,447,509			4,277,207			4,082,157
Operating Profit	$	810,359		788,048			691,933			635,375			467,093
Net earnings	$	396,607		533,151			446,872			413,310			283,928
Net loss attributable to noncontrolling interests	$	—		(18,229	)		(4,966	)		(2,620	)		(2,270	)
Net earnings attributable to Hasbro, Inc.	$	396,607		551,380			451,838			415,930			286,198
Per Common Share Data:
Net Earnings Attributable to Hasbro, Inc.
Basic	$	3.17		4.40			3.61			3.24			2.20
Diluted	$	3.12		4.34			3.57			3.20			2.17
Cash dividends declared	$	2.28		2.04			1.84			1.72			1.60
Consolidated Balance Sheets Data:
Total assets	$	5,289,983		5,091,366			4,720,717			4,518,100			4,393,221
Total long-term debt(1)	$	1,709,895		1,559,895			1,559,895			1,559,895			1,388,285
Ratio of Earnings to Fixed Charges(2)		7.39		6.86			6.52			6.05			3.94
Weighted Average Number of Common Shares:
Basic		125,039		125,292			125,006			128,411			130,186
Diluted		127,031		126,966			126,688			129,886			131,788

(1)	Represents principal balance of long-term debt. Excludes related deferred debt expenses.

(2)	For purposes of calculating the ratio of earnings to fixed charges, fixed charges include interest expense and one-third of rentals; earnings available for fixed charges represent earnings before income taxes, less the Company’s share of earnings (losses) from equity investees plus fixed charges.

See “Forward-Looking Information and Risk Factors That May Affect Future Results” contained in Item 1A of this report for a discussion of risks and uncertainties that may affect future results. Also see “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained in Item 7 of this report for a discussion of factors affecting the comparability of information contained in this Item 6.

Previous: Item 4. Mine Safety Disclosures. · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

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