Capital One 2002 Annual Report Download - page 52

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50
Consolidated Statements of Changes in Stockholders’ Equity
Cumulative Other
Common Stock Paid-In Deferred Comprehensive Total
(In Thousands, Except Per Share Data) Shares Amount Capital, Net Compensation Retained Earnings Income (Loss) TreasuryStock Stockholders’ Equity
Balance, December 31, 1999
199,670,421 $ 1,997 $ 613,590 $ - $ 1,022,296 $ (31,262) $ (91,014) $ 1,515,607
Comprehensive income:
Net income - - - - 469,634 - - 469,634
Other comprehensive income, net of income tax:
Unrealized gains on securities,
net of income taxes of $19,510 - - - - - 31,831 - 31,831
Foreign currency translation adjustments - - - - - 2,349 - 2,349
Other comprehensive income - - - - - 34,180 - 34,180
Comprehensive income - - - - - - - 503,814
Cash dividends - $.11 per share - - - - (20,824) - - (20,824)
Purchase of treasury stock - - - - - - (134,619) (134,619)
Issuances of common and restricted stock - - 1,441 - - - 17,436 18,877
Exercise of stock options - - (61,261) - - - 119,511 58,250
Common stock issuable under incentive plan - - 17,976 - - - - 17,976
Other items, net - - 3,433 - - - - 3,433
Balance, December 31, 2000
199,670,421 1,997 575,179 - 1,471,106 2,918 (88,686) 1,962,514
Comprehensive income:
Net income - - - - 641,965 - - 641,965
Other comprehensive income, net of income tax:
Unrealized gains on securities,
net of income taxes of $5,927 - - - - - 9,671 - 9,671
Foreign currency translation adjustments - - - - - (23,161) - (23,161)
Cumulative effect of change in accounting
principle, net of income tax benefit of $16,685 - - - - - (27,222) - (27,222)
Loss on cash flow hedging instruments,
net of income tax benefit of $28,686 - - - - - (46,804) - (46,804)
Other comprehensive loss - - - - - (87,516) - (87,516)
Comprehensive income - - - - - - - 554,449
Cash dividends - $.11 per share - - - - (22,310) - - (22,310)
Issuances of common and restricted stock 12,453,961 125 687,828 (45,472) - - 18,647 661,128
Exercise of stock options 5,532,603 55 141,178 - - - 35,069 176,302
Amortization of deferred compensation - - - 984 - - - 984
Common stock issuable under incentive plan - - (11,134) - - - - (11,134)
Other items, net - - 1,545 - - - - 1,545
Balance, December 31, 2001
217,656,985 2,177 1,394,596 (44,488) 2,090,761 (84,598) (34,970) 3,323,478
Comprehensive income:
Net income - - - - 899,644 -- 899,644
Other comprehensive income, net of income tax:
Unrealized gains on securities, net of income
taxes of $28,619 - - - - - 46,694 - 46,694
Foreign currency translation adjustments - - - - - 41,816 - 41,816
Loss on cash flow hedging instruments,
net of income tax benefit of $11,938 - - - - - (19,478) - (19,478)
Other comprehensive income - - - - - 69,032 - 69,032
Comprehensive income - - - - - - - 968,676
Cash dividends - $.11 per share - - - - (23,457) - - (23,457)
Issuance of mandatory convertible securities - - 36,616 - - - - 36,616
Issuances of common and restricted stock 7,968,831 80 317,454 (85,231) - - 18 232,321
Exercise of stock options 1,447,346 14 55,585 ----55,599
Amortization of deferred compensation - - - 27,749 - - - 27,749
Other items, net - - 2,189 - - - - 2,189
Balance, December 31, 2002 227,073,162 $ 2,271 $ 1,806,440 $ (101,970) $ 2,966,948 $ (15,566) $ (34,952) $ 4,623,171
See Notes to Consolidated Financial Statements.