Capital One 2004 Annual Report Download - page 83

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, 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 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 Comprehensive income:
Net income — — — — 1,543,482 — — 1,543,482 Other comprehensive income, net of income tax:
Unrealized losses on securities, net of income tax benefit of $29,048 — — — — — (51,112) — (51,112) Foreign currency translation adjustments — — — — — 65,242 — 65,242 Unrealized gain on cash flow hedging instruments, net of income taxes of $26,516 — — — — — 47,471 — 47,471
Other comprehensive income — — — — — 61,601 — 61,601
Comprehensive income 1,605,083 Cash dividends—$.11 per share — — — — (25,618) — — (25,618) Purchase of treasury stock — — — — — — (17,232) (17,232) Issuances of common and restricted stock, net of forfeitures (59,534) (1) 7,182 16,729 — — — 23,910 Exercise of stock options 12,060,879 121 622,940 — — — — 623,061 Amortization of deferred compensation — — — 87,431 — — — 87,431 Common stock issuable under incentive plan — — 39,743 — — — — 39,743 Balance, December 31, 2004 248,354,259 $2,484 $2,834,300 $(122,973) $5,596,372 $144,759 $(66,753) $8,388,189 See Notes to Consolidated Financial Statements.
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