CarMax 2000 Annual Report Download - page 35

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
CIRCUIT CITY STORES, INC. 2000 ANNUAL REPORT 33
CIRCUIT CITY STORES, INC.
Common Shares Outstanding Common Stock Capital In
Circuit City CarMax Circuit City CarMax Excess of Retained
(Amounts in thousands except per share data) Group Group Group Group Par Value Earnings Total
BALANCE AT MARCH 1, 1997..................... 98,178 21,860 $ 49,089 $10,930 $506,823 $ 1,048,014 $ 1,614,856
Net earnings.............................................................. – – – – – 104,311 104,311
Exercise of common stock options [NOTE 7].............. 483 273 241 136 6,790 – 7,167
Shares issued under Employee
Stock Purchase Plans [NOTE 7]............................. 173 51 87 26 6,648 – 6,761
Shares issued under the 1994 Stock
Incentive Plan [NOTE 7] ........................................ 605 20 302 10 20,214 – 20,526
Tax benefit from stock issued................................... – – – – 8,013 – 8,013
Shares cancelled upon reacquisition by Company ... (157) – (78) – (4,470) – (4,548)
Unearned compensation-restricted stock................ – – – – (13,255) – (13,255)
Cash dividends-Circuit City Group common
stock ($0.14 per share)........................................ – – – – – (13,792) (13,792)
BALANCE AT FEBRUARY 28, 1998......... 99,282 22,204 49,641 11,102 530,763 1,138,533 1,730,039
Net earnings.............................................................. – – – – – 142,924 142,924
Exercise of common stock options [NOTE 7].............. 1,004 543 502 272 16,945 – 17,719
Shares issued under Employee
Stock Purchase Plans [NOTE 7]............................. 429 269 215 134 19,431 – 19,780
Shares issued under the 1994 Stock
Incentive Plan [NOTE 7]........................................ 360 100 180 50 14,588 – 14,818
Tax benefit from stock issued................................... – – – – 9,523 – 9,523
Other......................................................................... 32 – 16 – 1,445 – 1,461
Shares cancelled upon reacquisition by Company ... (287) – (144) – (14,239) – (14,383)
Unearned compensation-restricted stock................ – – – – (2,770) – (2,770)
Cash dividends-Circuit City Group common
stock ($0.14 per share)........................................ – – – – – (13,981) (13,981)
BALANCE AT FEBRUARY 28, 1999......... 100,820 23,116 50,410 11,558 575,686 1,267,476 1,905,130
Effect of two-for-one stock split [NOTE 1] .................. 100,820 – 50,410 – (50,410) – –
Net earnings.............................................................. – – – – – 197,590 197,590
Exercise of common stock options [NOTE 7].............. 2,864 2,027 1,432 1,014 34,232 – 36,678
Shares issued under Employee
Stock Purchase Plans [NOTE 7] ............................. 502 506 251 253 21,547 – 22,051
Shares issued under the 1994 Stock
Incentive Plan [NOTE 7]........................................ 346 30 173 15 13,996 – 14,184
Tax benefit from stock issued................................... – – – – 32,459 – 32,459
Shares cancelled upon reacquisition by Company.... (1,484) (65) (742) (33) (52,173) – (52,948)
Unearned compensation-restricted stock................ – – – – 1,237 – 1,237
Cash dividends-Circuit City Group common
stock ($0.07 per share)........................................ – – – – – (14,207) (14,207)
BALANCE AT FEBRUARY 29, 2000............ 203,868 25,614 $101,934 $12,807 $576,574 $1,450,859 $2,142,174
See accompanying notes to consolidated financial statements.