Capital One 1998 Annual Report Download - page 42

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Cumulative
Other Total
Common Stock Paid-In Retained Comprehensive Treasury Stockholders’
(Dollars in Thousands, Except Per Share Data) Shares Amount Capital, Net Earnings Income Stock Equity
Balance, December 31, 1995 66,174,567 $662 $469,830 $121,703 $ 6,996 $ 599,191
Comprehensive income:
Net income 155,267 155,267
Other comprehensive income, net of
income tax:
Unrealized losses on securities, net
of income tax benefit of $2,647 (4,916) (4,916)
Foreign currency translation
adjustments (132) (132)
Other comprehensive income (5,048) (5,048)
Comprehensive income 150,219
Cash dividends–$.32 per share (20,573) (20,573)
Issuances of common stock 139,858 1 3,108 3,109
Exercise of stock options 11,500 186 186
Common stock issuable under incentive plan 7,728 7,728
Other items, net (664) 531 531
Balance, December 31, 1996 66,325,261 663 481,383 256,397 1,948 740,391
Comprehensive income:
Net income 189,381 189,381
Other comprehensive income, net of
income tax:
Unrealized gains on securities,
net of income taxes of $481 532 532
Foreign currency translation
adjustments 59 59
Other comprehensive income 591 591
Comprehensive income 189,972
Cash dividends–$.32 per share (20,638) (20,638)
Purchases of treasury stock $(52,314) (52,314)
Issuances of common stock 101,800 1 2,755 2,201 4,957
Exercise of stock options 130,290 2 2,614 1,466 4,082
Common stock issuable under incentive plan 24,772 24,772
Other items, net (121) 2,037 2,037
Balance, December 31, 1997 66,557,230 666 513,561 425,140 2,539 (48,647) 893,259
Comprehensive income:
Net income 275,231 275,231
Other comprehensive income, net of
income tax:
Unrealized gains on securities,
net of income taxes of $37,170 60,648 60,648
Foreign currency translation
adjustments (2,532) (2,532)
Other comprehensive income 58,116 58,116
Comprehensive income 333,347
Cash dividends–$.32 per share (20,533) (20,533)
Purchases of treasury stock (91,672) (91,672)
Issuances of common stock 35,381 26,745 62,126
Exercise of stock options 1,500 (23,683) 43,323 19,640
Common stock issuable under incentive plan 70,038 70,038
Other items, net (1,938) 4,201 4,201
Balance, December 31,1998 66,556,792 $666 $599,498 $679,838 $60,655 $(70,251) $1,270,406
See Notes to Consolidated Financial Statements.
40
Capital One Financial Corporation
Consolidated Statements of Changes in Stockholders’ Equity