Capital One 1999 Annual Report Download - page 69

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50
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, 1996 198,975,783 $ 1,990 $ 480,056 $ 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 — $.11 per share (20,638) (20,638)
Purchases of treasury stock $ (52,314) (52,314)
Issuances of common stock 305,400 3 2,753 2,201 4,957
Exercise of stock options 390,870 4 2,612 1,466 4,082
Common stock issuable
under incentive plan 24,772 24,772
Other items, net (363) 2,037 2,037
Balance, December 31, 1997 199,671,690 1,997 512,230 425,140 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 — $.11 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 4,500 (23,683) 43,323 19,640
Common stock issuable
under incentive plan 70,038 70,038
Other items, net (5,814) 4,201 4,201
Balance, December 31, 1998 199,670,376 1,997 598,167 679,838 60,655 (70,251) 1,270,406
Comprehensive income:
Net income 363,091 363,091
Other comprehensive income,
net of income tax:
Unrealized losses on securities,
net of income tax benefit
of $58,759 (95,868) (95,868)
Foreign currency
translation adjustments 3,951 3,951
Other comprehensive income (91,917) (91,917)
Comprehensive income 271,174
Cash dividends — $.11 per share (20,653) (20,653)
Purchases of treasury stock (107,104) (107,104)
Issuances of common stock (1,628) 9,833 8,205
Exercise of stock options (38,422) 76,508 38,086
Common stock issuable
under incentive plan 49,236 49,236
Other items, net 45 6,237 20 6,257
Balance, December 31, 1999 199,670,421 $ 1,997 $ 613,590 $ 1,022,296 $ (31,262) $ (91,014) $ 1,515,607
See Notes to Consolidated Financial Statements.
consolidated statements of changes
in stockholders’ equity