Advance Auto Parts 2008 Annual Report Download - page 60

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ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
For the Years Ended January 3, 2009, December 29, 2007 and December 30, 2006
(in thousands)
The accompanying notes to the consolidated financial statements
are an integral part of these statements.
F-6
Accumulated (Accumulated
Additional Other Deficit) Total
Paid-in Comprehensive Retained Stockholders'
Shares Amount Shares Amount Capital Shares Amount Income (Loss) Earnings Equity
Balance, December 31, 2005 - -$ 109,637 11$ 564,965$ 1,439 (55,668)$ 3,090$ 407,373$ 919,771$
Net income - - - - - - - - 231,318 231,318
Unrealized loss on hedge arrangement, net of $12 tax - - - - - - - (61) - (61)
Adjustment to adopt FASB Statement No. 158, net of $2,041 tax - - - - - - - 3,316 - 3,316
Reclassification of gain on hedge arrangements into earnings, before tax - - - - - - - (2,873) - (2,873)
Comprehensive income 231,700
Issuance of shares upon the exercise of stock options - - 741 - 14,043 - - - - 14,043
Tax benefit from share-based compensation - - - - 5,272 - - - - 5,272
Share-based compensation - - - - 19,052 - - - - 19,052
Stock issued under employee stock purchase plan - - 90 - 2,908 - - - - 2,908
Treasury stock purchased - - - - - 3,678 (136,671) - - (136,671)
Treasury stock retired - - (5,117) - (192,339) (5,117) 192,339 - - -
Cash dividends - - - - - - - - (25,473) (25,473)
Other - - - - 252 - - - - 252
Balance, December 30, 2006 - -$ 105,351 11$ 414,153$ - -$ 3,472$ 613,218$ 1,030,854$
Net income - - - - - - - - 238,317 238,317
Changes in net unrecognized other postretirement benefit costs, net of $414 tax - - - - - - - 636 - 636
Unrealized loss on hedge arrangement, net of $3,087 tax - - - - - - - (4,809) - (4,809)
Comprehensive income 234,144
Issuance of shares upon the exercise of stock options - - 1,867 - 40,468 - - - - 40,468
Tax benefit from share-based compensation - - - - 11,088 - - - - 11,088
Issuance of restricted stock, net of forfeitures - - 130 - - - - - - -
Amortization of restricted stock balance - - - - 1,341 - - - - 1,341
Share-based compensation - - - - 16,755 - - - - 16,755
Stock issued under employee stock purchase plan - - 53 - 1,888 - - - - 1,888
Treasury stock purchased - - - - - 8,341 (285,869) - - (285,869)
Treasury stock retired - - (6,329) (1) (211,225) (6,329) 211,225 - - (1)
Cash dividends - - - - - - - - (24,789) (24,789)
Adoption of FIN No. 48 - - - - - - - - (2,275) (2,275)
Other - - - - 191 - - - - 191
Balance, December 29, 2007 - -$ 101,072 10$ 274,659$ 2,012 (74,644)$ (701)$ 824,471$ 1,023,795$
Net income - - - - - - - - 238,038 238,038
Changes in net unrecognized other postretirement benefit costs, net of $52 tax - - - - - - - 81 - 81
Unrealized loss on hedge arrangement, net of $5,605 tax - - - - - - - (8,729) - (8,729)
Comprehensive income 229,390
Issuance of shares upon the exercise of stock options - - 1,421 - 31,989 - - - - 31,989
Tax benefit from share-based compensation - - - - 8,405 - - - - 8,405
Issuance of restricted stock, net of forfeitures - - 427 - - - - - - -
Amortization of restricted stock balance - - - - 4,661 - - - - 4,661
Share-based compensation - - - - 13,046 - - - - 13,046
Stock issued under employee stock purchase plan - - 80 - 2,801 - - - - 2,801
Treasury stock purchased - - - - - 6,136 (216,470) - - (216,470)
Cash dividends - - - - - - - - (22,881) (22,881)
Other - - - - 430 - - - - 430
Balance, January 3, 2009 - -$ 103,000 10$ 335,991$ 8,148 (291,114)$ (9,349)$ 1,039,628$ 1,075,166$
Treasury Stock,
Preferred Stock Common Stock at cost