CarMax 2003 Annual Report Download - page 33

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CARMAX 2003 31
Common Capital in
Shares Common Excess of Retained Parent’s
(Amounts in thousands) Outstanding Stock Par Value Earnings Equity Total
BALANCE AT MARCH 1, 2000 — $ — $ — $ — $ 344,989 $ 344,989
Net earnings — — — — 45,564 45,564
Equity issuances, net — — — — 950 950
BALANCE AT FEBRUARY 28, 2001 — — — — 391,503 391,503
Net earnings — — — — 90,802 90,802
Equity issuances, net — — — — 3,174 3,174
BALANCE AT FEBRUARY 28, 2002 — — — — 485,479 485,479
Net earnings — — — 30,282 64,520 94,802
Equity issuances, net — — — — 2,589 2,589
Special dividend — — — — (28,400) (28,400)
Recapitalization due to separation 103,014 51,507 472,681 — (524,188) —
Exercise of common stock options 39 20 177 — — 197
Shares purchased for employee stock
purchase plan — — (213) — — (213)
Shares issued under stock incentive plans 30 15 408 — — 423
Tax benefit from stock issued — — 12 — — 12
Unearned compensation–restricted stock — — (320) — — (320)
BALANCE AT FEBRUARY 28, 2003 103,083 $51,542 $472,745 $30,282 $ — $554,569
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
See accompanying notes to consolidated financial statements.