Capital One 2005 Annual Report Download - page 73

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Common Stock
(In Thousands, Except Per Share Data) Shares Amount
Paid-In
Capital,
Net Retained
Earnings
Cumulative Other
Comprehensive
Income (Loss) Treasury
Stock
Total
Stockholders’
Equity
Balance, December 31, 2002 227,073,162 $ 2,271 $ 1,704,470 $ 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 gains 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)
Purchases of treasury stock (14,569) (14,569)
Issuances of common and restricted stock, net of forfeitures 3,755,271 38 35,609 — — — 35,647
Exercise of stock options and related tax benefits 5,524,481 55 147,532 — — — 147,587
Amortization of compensation expense for restricted stock awards — — 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 1,937,302 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 gains 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) 23,911 — — — 23,910
Exercise of stock options and related tax benefits 12,060,879 121 622,940 — — — 623,061
Amortization of compensation expense for restricted stock awards — — 87,431 — — — 87,431
Common stock issuable under incentive plan — — 39,743 — — — 39,743
Balance, December 31, 2004 248,354,259 2,484 2,711,327 5,596,372 144,759 (66,753) 8,388,189
Comprehensive income:
Net income — — — 1,809,147 — — 1,809,147
Other comprehensive loss, net of income tax benefit:
Unrealized losses on securities, net of income tax benefit of $31,706 — — — — (54,876) — (54,876)
Foreign currency translation adjustments — — — — (113,189) — (113,189)
Unrealized gains on cash flow hedging instruments, net of income taxes of $21,373 — — — — 29,435 — 29,435
Other comprehensive loss — — — — (138,630) — (138,630)
Comprehensive income 1,670,517
Cash dividends—$.11 per share — — — (27,504) — — (27,504)
Purchase of treasury stock — — — — — (40,049) (40,049)
Issuances of common and restricted stock, net of forfeitures 11,059,437 110 761,371 — — — 761,481
Exercise of stock options and related tax benefits 10,489,976 105 506,897 — — — 507,002
Amortization of compensation expense for restricted stock awards — — 89,761 — — — 89,761
Common stock issuable under incentive plan — — 59,735 — — — 59,735
Issuance of common stock for acquisition 32,882,772 329 2,710,623 — — — 2,710,952
Allocation of ESOP shares
8,830
8,830
Balance, December 31, 2005 302,786,444 $ 3,028 $ 6,848,544 $ 7,378,015 $ 6,129 $ (106,802) $ 14,128,914
See Notes to Consolidated Financial Statements.
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