Capital One 2006 Annual Report Download - page 86

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68
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, 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 in 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 stock 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
Compensation expense for restricted stock awards and stock options 127,174 127,174
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 income, net of income tax:
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 in cash flow hedging instruments, net of income taxes of $21,373 29,435 29,435
Other comprehensive income (138,630) (138,630)
Comprehensive income 1,670,517
Cash dividends$.11 per share (27,504) (27,504)
Purchase of treasury stock (40,049) (40,049)
Issuances of common stock 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
Compensation expense for restricted stock awards and stock options 149,496 149,496
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
Comprehensive income:
Net income 2,414,493 2,414,493
Other comprehensive income, net of income tax:
Unrealized gains on securities, net of income taxes of $16,635 24,119 24,119
Recognition of additional minimum pension liability, net of income tax benefit of $1,025 (1,903) (1,903)
Foreign currency translation adjustments 246,066 246,066
Unrealized losses on cash flow hedging instruments, net of income tax benefit of $6,750 (13,573) (13,573)
Other comprehensive income 254,709 254,709
Comprehensive income 2,669,202
Adjustment to initially apply FASB Statement No. 158, net of income taxes of $2,876 5,342 5,342
Cash dividends$.11 per share (32,324) (32,324)
Purchase of treasury stock (21,615) (21,615)
Issuances of common stock and restricted stock, net of forfeitures 1,550,117 16 31,395 31,411
Exercise of stock options and related tax benefits 3,934,592 39 261,139 261,178
Compensation expense for restricted stock awards and stock options 180,261 180,261
Issuance of common stock for acquisition 103,948,820 1,039 8,006,458 8,007,497
Allocation of ESOP shares 5,340 5,340
Balance, December 31, 2006 412,219,973 $ 4,122 $ 15,333,137 $ 9,760,184 $ 266,180 $ (128,417) $ 25,235,206
See Notes to Consolidated Financial Statements.