ADP 1999 Annual Report Download - page 30

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20
(In thousands, except per share amounts) Accumulated
Capital in Other
Common Stock Excess of Retained Treasury Comprehensive Comprehensive
Shares Amount Par Value Earnings Stock Income Income
Balance, July 1, 1996 628,554 $62,856 $307,283 $2,532,067 $(581,725) $(11,013)
Net earnings — — — 515,244 — $515,244 —
Currency translation (61,523) (61,523)
Unrealized loss on securities (1,003) (1,003)
Comprehensive income $452,718 —
Employee stock plans and
related tax benefits — — 83,286 — 44,204 —
Treasury stock acquired (4,241 shares) — — (8,972) — (85,532) —
Acquisitions (5,956 shares) — — (35,390) 679 35,727 —
Debt conversion (1,258 shares) 22 2 13,138 — 10,162 —
Dividends ($.2225 per share) — — — (129,814) — —
Other transactions — — — (261) — —
Balance, June 30, 1997 628,576 62,858 359,345 2,917,915 (577,164) (73,539)
Net earnings — — — 608,262 — $608,262 —
Currency translation (26,531) (26,531)
Unrealized loss on securities (1,550) (1,550)
Comprehensive income $580,181 —
Employee stock plans and
related tax benefits — — 68,050 — 61,714 —
Treasury stock acquired (1,792 shares) — — — — (40,907) —
Acquisitions (1,911 shares) — — (15,841) (1,004) 29,431 —
Debt conversion (11,850 shares) — — 64,583 — 156,202 —
Dividends ($.25625 per share) — — — (152,888) — —
Other transactions — — 549 (38) — —
Balance, June 30, 1998 628,576 62,858 476,686 3,372,247 (370,724) (101,620)
Net earnings — — — 696,840 — $696,840 —
Currency translation (47,674) (47,674)
Unrealized gain on securities 13,827 13,827
Comprehensive income $662,993 —
Employee stock plans and
related tax benefits — — 44,163 — 95,086 —
Treasury stock acquired (2,550 shares) — — — — (85,365) —
Acquisitions (4,316 shares) — — (97,594) (39,533) 119,583 —
Debt conversion (2,623 shares) — — (1,922) — 52,216 —
Dividends ($.295 per share) — — — (181,133) — —
Balance, June 30, 1999
628,576 $62,858 $421,333 $3,848,421 $(189,204) $(135,467)
See notes to consolidated financial statements.
Statements of Consolidated Shareholders’ Equity
Automatic Data Processing, Inc. and Subsidiaries