Costco 2007 Annual Report Download - page 50

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COSTCO WHOLESALE CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
AND COMPREHENSIVE INCOME
(in thousands)
Common Stock Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income
Retained
Earnings TotalShares Amount
BALANCE AT AUGUST 29, 2004 . . . 462,637 $2,313 $1,466,366 $ 16,144 $ 6,139,987 $ 7,624,810
Comprehensive Income:
Net Income .................. — — — — 1,063,092 1,063,092
Foreign currency translation
adjustment and other ........ — — — 141,895 — 141,895
Comprehensive income ........ 1,204,987
Stock options exercised, including
income tax benefits and other ..... 9,138 46 323,545 — — 323,591
Conversion of convertible notes ..... 9,910 49 277,554 — — 277,603
Stock repurchase ................. (9,205) (46) (38,848) — (374,358) (413,252)
Stock-based compensation ......... — — 67,937 — — 67,937
Cash dividends ................... — — — — (204,567) (204,567)
BALANCE AT AUGUST 28, 2005 . . . 472,480 2,362 2,096,554 158,039 6,624,154 8,881,109
Cumulative effect of adjustments
resulting from the adoption of SAB
No. 108, net of tax .............. — — 147,637 — (139,481) 8,156
Adjusted balance at August 28,
2005 .......................... 472,480 2,362 2,244,191 158,039 6,484,673 8,889,265
Comprehensive Income:
Net Income .................. — — — — 1,103,215 1,103,215
Foreign currency translation
adjustment and other ........ — — — 119,224 — 119,224
Comprehensive income ........ 1,222,439
Stock options exercised, including
income tax benefits and other ..... 11,712 59 427,291 — — 427,350
Conversion of convertible notes ..... 6,505 33 188,902 — — 188,935
Stock repurchase ................. (28,418) (142) (145,129) — (1,316,465) (1,461,736)
Stock-based compensation ......... — — 107,397 — — 107,397
Cash dividends ................... — — — — (230,211) (230,211)
BALANCE AT SEPTEMBER 3,
2006 .......................... 462,279 2,312 2,822,652 277,263 6,041,212 9,143,439
Comprehensive Income:
Net Income .................. — — — — 1,082,772 1,082,772
Foreign currency translation
adjustment and other ........ — — — 93,326 — 93,326
Comprehensive income ........ 1,176,098
Stock options exercised, including
income tax benefits, vesting of
restricted stock units and other .... 9,735 48 351,756 — — 351,804
Conversion of convertible notes ..... 1,389 7 42,323 — — 42,330
Stock repurchase ................. (36,390) (182) (233,089) — (1,745,899) (1,979,170)
Stock-based compensation ......... — — 134,582 — — 134,582
Cash dividends ................... — — — — (245,742) (245,742)
BALANCE AT SEPTEMBER 2,
2007 .......................... 437,013 $2,185 $3,118,224 $370,589 $ 5,132,343 $ 8,623,341
The accompanying notes are an integral part of these consolidated financial statements.
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