DSW 2009 Annual Report Download - page 48

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DSW INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
YEARS ENDED JANUARY 30, 2010, JANUARY 31, 2009 AND FEBRUARY 2, 2008
Class A
Common
Shares
Class B
Common
Shares
Class A
Common
Shares
Class B
Common
Shares
Retained
Earnings
Accumulated
Other
Comprehensive
Income Total
Number of
(In thousands)
Balance, February 3, 2007 ............... 16,239 27,703 $283,108 $0 $ 91,471 $ 0 $374,579
Net income . . ........................ 53,775 53,775
Cumulative effect of adoption of accounting for
uncertain tax positions ................. (131) (131)
Stock units granted . . . .................. 10 347 347
Exercise of stock options ................. 8 64 64
Vesting of restricted stock units, net of
settlement of taxes . . .................. 7 (60) (60)
Excess tax benefit related to stock options
exercised . . ........................ 488 488
Stock-based compensation expense, before
related tax effects . . .................. 4,212 4,212
Other. . ............................. 206 206
Balance, February 2, 2008 ............... 16,264 27,703 $288,365 $0 $145,115 $ 0 $433,480
Net income . . ........................ 26,902 26,902
Unrealized loss on available-for-sale securities . . (655) (655)
Total comprehensive income ............. 26,247
Stock units granted . . . .................. 45 606 606
Exercise of stock options ................. 1 17 17
Vesting of restricted stock units, net of
settlement of taxes . . .................. 6 (26) (26)
Non-cash capital contribution from RVI . ...... 787 787
Tax shortfall related to restricted stock unit
exercises . . ........................ (49) (49)
Stock-based compensation expense, before
related tax effects . . .................. 4,522 4,522
Balance, January 31, 2009 ............... 16,316 27,703 $294,222 $0 $172,017 $(655) $465,584
Net income . . ........................ 54,741 54,741
Unrealized loss on available-for-sale securities . . (99) (99)
Total comprehensive income ............. 54,642
Reclassification of unrealized losses on
available-for-sale securities to an
other-than-temporary impairment .......... 754 754
Stock units granted . . . .................. 47 599 599
Exercise of stock options ................. 91 1,323 1,323
Vesting of restricted stock units, net of
settlement of taxes . . .................. 55 (179) (179)
Non-cash capital contribution from RVI . ...... 4,670 4,670
Stock-based compensation expense, before
related tax effects . . .................. 5,488 5,488
Purchase of DSW Class B Common Shares from
RVI.............................. (320) (8,000) (8,000)
Balance, January 30, 2010 ............... 16,509 27,383 $306,123 $0 $218,758 $ 0 $524,881
The accompanying Notes are an integral part of the Consolidated Financial Statements.
F-4