Advance Auto Parts 2005 Annual Report Download - page 39

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Accumulated (Accumulated
Additional Treasury Stock, Stockholder Other Deficit) Total
Preferred Stock Common Stock Paid-in at cost Subscription Comprehensive Retained Stockholders’
Shares Amount Shares Amount Capital Shares Amount Receivable Income Earnings Equity
(in thousands)
Balance, December 28, 2002
.................. — $ — 107,205 $10 $610,189 — $ — $ (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 .................................... — — 3,401 — 25,407 — — — — — 25,407
Tax benefit related to exercise
of stock options .................................... — — — — 7,964 — — — — — 7,964
Stock issued as compensation
under employee stock purchase plan.... — — 220 — 3,543 — — — — — 3,543
Repayment of management loans............ — — — — — — — 976 — — 976
Balance, January 3, 2004
....................... — $ — 110,826 $10 $647,103 — $ — $ — $ (529) $ (15,340) $631,244
Net income............................................... — — — — — — — — — 187,988 187,988
Unrealized gain on hedge arrangement ... — — — — — — — — 1,343 — 1,343
Comprehensive income .................... 189,331
Issuance of shares upon the exercise
of stock options .................................... — — 2,914 1 20,469 — — — — — 20,470
Tax benefit related to exercise
of stock options .................................... — — — — 23,749 — — — — — 23,749
Stock issued as compensation
under employee stock purchase plan.... — — 177 — 3,397 — — — — — 3,397
Treasury stock purchased ........................ — — — — — 5,550 (146,370) — — — (146,370)
Other ........................................................ — — — — 494 — — — — — 494
Balance, January 1, 2005
....................... — $ — 113,917 $11 $695,212 5,550 $(146,370) $ — $ 814 $ 172,648 $722,315
Net income............................................... — — — — — — — — — 234,725 234,725
Unrealized gain on hedge arrangement ... — — — — — — — — 2,276 — 2,276
Comprehensive income .................... 237,001
Issuance of shares upon the exercise
of stock options .................................... — — 2,727 — 28,696 — — — — — 28,696
Tax benefit related to exercise
of stock options .................................... — — — — 30,300 — — — — — 30,300
Stock issued as compensation
under employee stock purchase plan.... — — 110 — 3,286 — — — — — 3,286
Treasury stock purchased ........................ — — — — — 3,011 (102,483) — — — (102,483)
Treasury stock retired .............................. — — (7,122) — (193,185) (7,122) 193,185 — — — —
Other ........................................................ — — 5 — 656 — — — — — 656
Balance, December 31, 2005
.................. — $ — 109,637 $11 $564,965 1,439 $ (55,668) $ — $3,090 $ 407,373 $919,771
The accompanying notes to consolidated financial statements are an integral part of these statements.
Advance Auto Parts
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Annual Report 2005
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37
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
For the Years Ended December 31, 2005, January 1, 2005 and January 3, 2004