Costco 1999 Annual Report Download - page 21

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COSTCO WHOLESALE CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
For the 52 weeks ended August 29, 1999, August 30, 1998 and August 31, 1997
(in thousands)
Other
Additional Accumulated
Common Stock Paid-In Comprehensive Retained
Shares Amount Capital Income/(Loss) Earnings Total
BALANCE AT SEPTEMBER 1, 1996 . . . 196,436 $1,964 $321,832 $ (71,883) $1,525,885 $1,777,798
Comprehensive Income
Net Income .................... — — — — 312,197 312,197
Other accumulated comprehensive loss
Foreign currency translation
adjustment ................... — — — (6,543) — (6,543)
Total comprehensive income .......... — — — (6,543) 312,197 305,654
Stock options exercised including income
tax benefits ..................... 4,077 41 78,186 — — 78,227
Conversion of convertible debentures . . . 13,080 131 306,306 — — 306,437
BALANCE AT AUGUST 31, 1997 ..... 213,593 2,136 706,324 (78,426) 1,838,082 2,468,116
Comprehensive Income
Net Income .................... — — — — 459,842 459,842
Other accumulated comprehensive loss
Foreign currency translation
adjustment ................... — — — (73,416) — (73,416)
Total comprehensive income .......... — — — (73,416) 459,842 386,426
Stock options exercised including income
tax benefits ..................... 3,996 40 111,304 — — 111,344
BALANCE AT AUGUST 30, 1998 ..... 217,589 2,176 817,628 (151,842) 2,297,924 2,965,886
Comprehensive Income
Net Income .................... — — — — 397,298 397,298
Other accumulated comprehensive loss
Foreign currency translation
adjustment ................... — — — 33,758 — 33,758
Total comprehensive income .......... — — — 33,758 397,298 431,056
Stock options exercised including income
tax benefits ..................... 3,234 33 110,282 — — 110,315
Conversion of convertible debentures . . . 545 5 24,848 — — 24,853
BALANCE AT AUGUST 29, 1999 ..... 221,368 $2,214 $952,758 $(118,084) $2,695,222 $3,532,110
The accompanying notes are an integral part of these financial statements
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