Capital One 2003 Annual Report Download - page 81

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Common Stock Paid-In
Capital,
Net
Deferred
Compensation
Retained
Earnings
Cumulative
Other
Comprehensive
Income (Loss)
Treasury
Stock
Total
Stockholders’
Equity(In Thousands, Except Per Share Data) Shares Amount
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 $11,938 — — — — — (19,478) — (19,478)
Other comprehensive loss — — — — — 69,032 — 69,032
Comprehensive income — — — — — — — 968,676
Cash dividends—$.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
Comprehensive income:
Net income — — — — 1,135,842 — — 1,135,842
Other comprehensive income, net of income tax:
Unrealized losses on securities, net of income tax benefit of $12,247 — — — — — (20,853) — (20,853)
Foreign currency translation adjustments — — — — — 71,290 — 71,290
Unrealized gain on cash flow hedging instruments, net of income taxes of $28,359 — — — — — 48,287 — 48,287
Other comprehensive income — — — — — 98,724 — 98,724
Comprehensive income 1,234,566
Cash dividends—$.11 per share — — — — (24,282) — — (24,282)
Purchase of treasury stock — — — — — — (14,569) (14,569)
Issuances of common and restricted stock, net of forfeitures 3,755,271 38 201,515 (165,906) — — — 35,647
Exercise of stock options 5,524,481 55 147,532 — — — — 147,587
Amortization of deferred compensation — — — 40,743 — — — 40,743
Common stock issuable under incentive plan — — 8,706 — — — — 8,706
Other items, net — — 242 — — — — 242
Balance, December 31, 2003 236,352,914 $2,364 $2,164,435 $(227,133) $4,078,508 $ 83,158 $(49,521) $6,051,811
See Notes to Consolidated Financial Statements.
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