Advance Auto Parts 2003 Annual Report Download - page 27

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Accumulated
Additional Stockholder Other Total
Preferred Stock Common Stock Paid-In Subscription Comprehensive Accumulated Stockholders’
Shares Amount Shares Amount Capital Receivable Loss Deficit Equity
(in thousands)
Balance, December 30, 2000
.... — $— 56,578 $ 6 $375,206 $(2,364) $ — $(216,577) $156,271
Net income
............................... — — — — — — — 11,442 11,442
Discount acquisition
.................. — — 8,620 1 107,129 — — — 107,130
Non-cash stock option
compensation expense
........... — — — — 11,735 — — — 11,735
Stock issued under employee
stock subscription plan
.......... — — 60 — 746 (411) — (159) 176
Repayment of
management loans
................. — — — — — 99 — — 99
Issuance of shares upon the
exercise of stock options
........ — — 126 — 1,719 — — — 1,719
Balance, December 29, 2001
.... — $— 65,384 $ 7 $496,535 $(2,676) $ — $(205,294) $288,572
Net income
............................... — — — — — — — 65,019 65,019
Unrealized loss on hedge
arrangement
.......................... — — — — — — (592) — (592)
Comprehensive income
...... 64,427
Issuance of common stock,
net of $1,369 in
related expenses
.................... — — 4,500 — 88,653 — — — 88,653
Issuance of shares upon the
exercise of stock options
........ — — 1,558 — 17,369 — — — 17,369
Tax benefit related to
exercise of stock options
........ — — — — 6,968 — — — 6,968
Stock issued under employee
stock purchase plan
............... — — 28 — 667 — — — 667
Repayment of
management loans
................. — — — — — 1,700 — — 1,700
Balance, December 28, 2002
.... — $— 71,470 $ 7 $610,192 $ (976) $(592) $(140,275) $468,356
Net income
............................... — — — — — — — 124,935 124,935
Unrealized gain on hedge
arrangement
.......................... — — — — — — 63 — 63
Comprehensive income
...... 124,998
Issuance of shares upon the
exercise of stock options
........ — — 2,267 — 25,407 — — — 25,407
Tax benefit related to
exercise of stock options
........ — — — — 7,964 — — — 7,964
Stock issued under employee
stock purchase plan
............... — — 147 — 3,543 — — — 3,543
Repayment of
management loans
................. — — — — — 976 — — 976
Balance, January 3, 2004
........ — $— 73,884 $ 7 $647,106 $ — $(529) $ (15,340) $631,244
The accompanying notes to consolidated financial statements are an integral part of these statements.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
For the Years Ended January 3, 2004, December 28, 2002 and December 29, 2001
Page 25
Advance Auto Parts, Inc. and Subsidiaries