Dollar General 2005 Annual Report Download - page 39

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35
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(In thousands except per share amounts)
Accumulated
Common Additional Other Other
Stock Common Paid-in Retained Comprehensive Shareholders’
Shares Stock Capital Earnings Loss Equity Total
Balances, January 31, 2003 333,340 $ 166,670 $ 313,269 $ 791,597 $ (1,349) $ (2,742) $ 1,267,445
Comprehensive income:
Net income – – – 299,002 – – 299,002
Reclassification of net loss on derivatives – – – – 188 – 188
Comprehensive income 299,190
Cash dividends, $0.14 per common share – – – (46,883) – – (46,883)
Issuance of common stock under
stock incentive plans 4,240 2,120 47,365 – – – 49,485
Tax benefit from stock option exercises – – 14,565 – – – 14,565
Repurchases of common stock (1,519) (759) – (28,928) – – (29,687)
Purchase of common stock by employee
deferred compensation trust, net (11 shares) – – (157) – – 3 (154)
Issuance of restricted stock 129 64 1,904 – – (1,968) –
Amortization of unearned compensation
on restricted stock – – – – – 354 354
Other equity transactions – – (16) – – – (16)
Balances, January 30, 2004 336,190 $ 168,095 $ 376,930 $ 1,014,788 $ (1,161) $ (4,353) $ 1,554,299
Comprehensive income:
Net income – – – 344,190 – – 344,190
Reclassification of net loss on derivatives – – – – 188 – 188
Comprehensive income 344,378
Cash dividends,$0.16 per common share – – – (52,682) – – (52,682)
Issuance of common stock under
stock incentive plans 2,875 1,437 32,691 – – – 34,128
Tax benefit from stock option exercises – – 9,657 – – – 9,657
Repurchases of common stock (11,020) (5,510) – (203,785) – – (209,295)
Purchase of common stock by employee
deferred compensation trust, net (25 shares) – – (92) – – (377) (469)
Issuance of restricted stock and
restricted stock units, net 128 64 2,398 – – (2,462) –
Amortization of unearned compensation on
restricted stock and restricted stock units – – – – – 1,779 1,779
Deferred compensation obligation – – – – – 2,708 2,708
Other equity transactions (1) – 16 (54) – – (38)
Balances, January 28, 2005 328,172 $ 164,086 $ 421,600 $ 1,102,457 $ (973) $ (2,705) $ 1,684,465
Comprehensive income:
Net income – – – 350,155 – – 350,155
Reclassification of net loss on derivatives – – – – 179 – 179
Comprehensive income 350,334
Cash dividends, $0.175 per common share – – – (56,183) – – (56,183)
Issuance of common stock under
stock incentive plans 2,249 1,125 28,280 – – – 29,405
Tax benefit from stock option exercises – – 6,457 – – – 6,457
Repurchases of common stock (14,977) (7,489) – (290,113) – – (297,602)
Sales of common stock by employee deferred
compensation trust, net (42 shares) – – 95 – – 788 883
Issuance of restricted stock and
restricted stock units, net 249 125 5,151 – – (5,276) –
Amortization of unearned compensation on
restricted stock and restricted stock units – – – – – 2,394 2,394
Acceleration of vesting of stock
options (see Note 9) – – 938 – – – 938
Other equity transactions (14) (7) (138) (151) – – (296)
Balances, February 3, 2006 315,679 $157,840 $ 462,383 $1,106,165 $ (794) $ (4,799) $1,720,795
The accompanying notes are an integral part of the consolidated financial statements.