Capital One 2009 Annual Report Download - page 114

101
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
Accretion of preferred stock discount ..............................................................
.
— — 10,009 — (10,009) — — —
Compensation expense for restricted stock awards and stock options ............
.
— — — 95,048 — — — 95,048
Allocation of ESOP shares ...............................................................................
.
— — — 4,678 — — — 4,678
Balance, December 31, 2008 438,434,235 $ 4,384 $ 3,096,466 $ 17,278,102 $ 10,621,164 $ (1,221,796) $ (3,165,887) $ 26,612,433
Comprehensive income:
Net income (loss) .......................................................................................
.
— — — — 883,781 — — 883,781
Other comprehensive income (loss), net of income tax: ...........................
.
Unrealized gains on securities, net of income tax of $520,302 ..........
.
— — — — — 995,715 (1) — 995,715
Defined benefit pension plans, net of income taxes of $7,307 ...........
.
— — — — — 13,289 — 13,289
Foreign currency translation adjustments ...........................................
.
— — — — — 201,252 — 201,252
Unrealized gains in cash flow hedging instruments, net of income
taxes of $60,904 ............................................................................
.
— — — — — 94,194 — 94,194
Other comprehensive income (loss) ..........................................................
.
— — — — — 1,304,450 — 1,304,450
Comprehensive income (loss) ..........................................................................
.
2,188,231
Cash dividends-Common stock $.53 per share ................................................
.
— — — — (213,669) — — (213,669)
Cash dividends-Preferred stock 5% per annum ...............................................
.
— — (22,714) — (82,461) — — (105,175)
Purchase of treasury stock ................................................................................
.
— — — — — — (14,572) (14,572)
Issuances of common stock and restricted stock, net of forfeitures ................
.
61,041,008 610 — 1,535,520 — — — 1,536,130
Exercise of stock options and tax benefits of exercises and restricted stoc
k
vesting ........................................................................................................
.
358,552 4 — (6,885) — — — (6,881)
Accretion of preferred stock discount ..............................................................
.
— — 33,554 — (33,554) — — —
Redemption of preferred stock .........................................................................
.
— — (3,107,306) — (447,893) — — (3,555,199)
Compensation expense for restricted stock awards and stock options ............
.
— — — 116,023 — — — 116,023
Issuance of common stock for acquisition .......................................................
.
2,560,601 26 — 30,830 — — — 30,856
Allocation of ESOP shares ...............................................................................
.
— — — 1,233 — — — 1,233
Balance, December 31, 2009 502,394,396 $ 5,024 $ — $ 18,954,823 $ 10,727,368 $ 82,654 $ (3,180,459) $ 26,589,410
(1) Unrealized losses not related to credit on other-than-temporarily impaired securities of $116.8 million (net of income tax of $64.5 million) was reported in other
comprehensive income as of December 31, 2009. The credit-related impairment of $31.6 million on these securities is recorded in the Consolidated Statements of Income
for the year ended December 31, 2009.
See Notes to Consolidated Financial Statements.