Hasbro 2009 Annual Report Download - page 90

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These payments are contingent upon the Company having sufficient taxable income to realize the expected tax
deductions of certain amounts related to the joint venture.
At December 27, 2009, the Company had approximately $251,917 in outstanding purchase commitments.
Hasbro is party to certain legal proceedings, none of which, individually or in the aggregate, is deemed to
be material to the financial condition or results of operations of the Company.
(17) Segment Reporting
Segment and Geographic Information
Hasbro is a worldwide leader in children’s and family leisure time products and services, including toys,
games and licensed products ranging from traditional to high-tech and digital. In 2009 the Company changed
the name of the Other segment to Entertainment and Licensing. The Company’s segments now are (i) U.S. and
Canada, (ii) International, (iii) Entertainment and Licensing, and (iv) Global Operations.
The U.S. and Canada segment includes the marketing and selling of boys’ action figures, vehicles and
playsets, girls’ toys, electronic toys and games, plush products, preschool toys and infant products, electronic
interactive products, toy-related specialty products, traditional board games and puzzles, DVD-based games
and trading card and role-playing games within the United States and Canada. Within the International
segment, the Company markets and sells both toy and certain game products in markets outside of the U.S. and
Canada, primarily the European, Asia Pacific, and Latin and South American regions. The Global Operations
segment is responsible for manufacturing and sourcing finished product for the Company’s U.S. and Canada
and International segments. The Company’s Entertainment and Licensing segment includes the Company’s
lifestyle licensing, digital gaming, movie, television and online entertainment operations.
Segment performance is measured at the operating profit level. Included in Corporate and eliminations
are certain corporate expenses, the elimination of intersegment transactions and certain assets benefiting more
than one segment. Intersegment sales and transfers are reflected in management reports at amounts
approximating cost. Certain shared costs, including global development and marketing expenses, are allocated
to segments based upon foreign exchange rates fixed at the beginning of the year, with adjustments to actual
foreign exchange rates included in Corporate and eliminations. The accounting policies of the segments are
the same as those referenced in note 1.
Results shown for fiscal years 2009, 2008 and 2007 are not necessarily those which would be achieved if
each segment was an unaffiliated business enterprise.
80
HASBRO, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements — (Continued)
(Thousands of Dollars and Shares Except Per Share Data)