Capital One 2009 Annual Report Download - page 113

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Common Stock
Preferred Stock
Paid-In Capital,
Net
Retained
Earnings
Accumulated Other
Comprehensive
Income (Loss) Treasury
Stock
Total
Stockholders’
Equity
(In Thousands, Except Per Share Data)
Shares Amount
Balance, December 31, 2006 ........................................................................... 412,219,973 $ 4,122 — $ 15,333,137 $ 9,760,184 $ 266,180 $ (128,417) $ 25,235,206
Cumulative effect from adoption of ASC 740-10/FIN 48 ................................ — — — — (29,702) — — (29,702)
Cumulative effect from adoption of ASC 860-50/FAS 156, net of income
taxes of $6,378 ............................................................................................ — — — — 8,809 — — 8,809
Comprehensive income:
Net income .................................................................................................. — — — — 1,570,332 — — 1,570,332
Other comprehensive income (loss), net of income tax: ............................
Unrealized gains on securities, net of income tax of $25,780 ............. — — — — — 56,413 — 56,413 Defined benefit plans, net of income taxes of $17,675 ........................ — — — — — 29,407 — 29,407 Foreign currency translation adjustments ............................................ — — — — — 83,499 — 83,499 Unrealized losses on cash flow hedging instruments, net of income
tax benefit of $63,804 .................................................................... — — — — — (120,251) — (120,251)
Other comprehensive income ..................................................................... — — — — — 49,068 — 49,068
Comprehensive income ..................................................................................... — — — — — — — 1,619,400 Cash dividends—$0.11 per share ...................................................................... — — — — (42,055) — — (42,055) Purchase of treasury stock ................................................................................. — — — — — — (3,024,969) (3,024,969)
Issuances of common stock and restricted stock, net of forfeitures ................. 1,916,402 20 — 37,182 — — — 37,202 Exercise of stock options and tax benefits of exercises and restricted stoc
k
vesting ......................................................................................................... 5,225,783 51 — 301,921 — — — 301,972
Compensation expense for restricted stock awards and stock options ............. — — — 192,422 — — — 192,422 Issuance of common stock for acquisition ........................................................ (137,258) (1) — (10,463) — — — (10,464) Allocation of ESOP shares ................................................................................ — — — 6,291 — — — 6,291
Balance, December 31, 2007 419,224,900 $ 4,192 $ — $ 15,860,490 $ 11,267,568 $ 315,248 $ (3,153,386) $ 24,294,112
Adjustment to initially apply the measurement date provisions for pos
t
retirement benefits of ASC 715-20/FAS 158 of the Codification, net o
f
income tax benefit of $317 ......................................................................... — — — — 572 (1,161) — (589)
Comprehensive income:
Net income (loss) ........................................................................................ — — — — (45,998) — — (45,998)
Other comprehensive income (loss), net of income tax: ............................
Unrealized losses on securities, net of income tax benefit o
f
$421,011 ......................................................................................... — — — — — (805,367) — (805,367)
Defined benefit pension plans, net of net income tax benefit o
f
$54,907 ........................................................................................... — — — — — (75,432) — (75,432)
Foreign currency translation adjustments ............................................ — — — — — (602,908) — (602,908)
Unrealized losses in cash flow hedging instruments, net of income
taxes of $28,095 ............................................................................. — — — — — (52,176) — (52,176)
Other comprehensive income (loss) ........................................................... — — — — — (1,535,883) — (1,535,883)
Comprehensive income (loss) ........................................................................... (1,581,881)
Cash dividends-Common stock $1.50 per share ............................................... — — — — (568,255) — — (568,255) Cash dividends-Preferred stock 5% per annum ................................................ — — 22,714 — (22,714) — — — Purchase of treasury stock ................................................................................. — — — — — — (12,501) (12,501)
Issuances of common stock and restricted stock, net of forfeitures ................. 17,290,281 173 — 767,166 — — — 767,339 Exercise of stock options and tax benefits of exercises and restricted stoc
k
vesting ......................................................................................................... 1,919,054 19 — 59,264 — — — 59,283
Issuance of preferred stock and warrant ........................................................... — — 3,063,743 491,456 — — — 3,555,199