Family Dollar 2011 Annual Report Download - page 44

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FAMILY DOLLAR STORES, INC., AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Years Ended August 27, 2011, August 28, 2010, and August 29, 2009
(in thousands, except per share
and share amounts)
Common
Stock
Capital in
excess of par
Retained
earnings
Accumulated
other
comprehensive
loss
Treasury
stock Total
Balance, August 30, 2008
(139,704,542 shares common stock;
4,427,779 shares treasury stock) .................. $14,413 $166,669 $1,170,652 $(4,862) $ (92,789) $1,254,083
Net income for the year ............................. 291,266 291,266
Unrealized gains (losses) on investment securities (net of
$2.5 million of taxes) ............................ (4,626) (4,626)
Reclassification adjustment for (gains) losses realized in net
income (net of $0.3 million of taxes) ................ 528 528
Comprehensive income ............................. 287,168
Issuance of 1,353,413 common shares under incentive
plans, including tax benefits ....................... 136 31,450 31,586
Purchase of 2,271,528 common shares for treasury ....... (71,067) (71,067)
Issuance of 9,405 shares of treasury stock under incentive
plans (Director compensation) ..................... 197 73 270
Stock-based compensation .......................... 12,033 12,033
Dividends on common stock, $.53 per share ............ (74,013) (74,013)
Balance, August 29, 2009
(138,795,832 shares common stock;
6,689,902 shares treasury stock) .................. 14,549 210,349 1,387,905 (8,960) (163,783) 1,440,060
Net income for the year ............................. 358,135 358,135
Unrealized gains (losses) on investment securities (net of
$1.2 million of taxes) ............................ 1,914 1,914
Comprehensive income ............................. 360,049
Issuance of 1,010,503 common shares under incentive
plans, including tax benefits ....................... 101 21,045 21,146
Purchase of 9,370,908 common shares for treasury ....... (332,189) (332,189)
Issuance of 17,532 shares of treasury stock under incentive
plans (Director compensation) ..................... 95 445 540
Stock-based compensation .......................... 12,342 12,342
Dividends on common stock, $.60 per share ............ (80,394) (80,394)
Balance, August 28, 2010
(130,452,959 shares common stock;
16,043,278 shares treasury stock) ................. 14,650 243,831 1,665,646 (7,046) (495,527) 1,421,554
Net income for the year ............................. 388,445 388,445
Unrealized gains (losses) on investment securities (net of
$0.6 million of taxes) ............................ 904 904
Other ........................................... (261) (261)
Comprehensive income ............................. 389,088
Issuance of 819,995 common shares under incentive plans,
including tax benefits ............................ 82 16,430 16,512
Purchase of 13,934,868 common shares for treasury ...... (670,466) (670,466)
Issuance of 15,255 shares of treasury stock under incentive
plans (Director compensation) ..................... 131 544 675
Stock-based compensation .......................... 14,053 14,053
Dividends on common stock, $.695 per share ........... (84,342) (84,342)
Balance, August 27, 2011
(117,353,341 shares common stock;
29,962,891 shares treasury stock) ................. $14,732 $274,445 $1,969,749 $(6,403) $(1,165,449) $1,087,074
The accompanying notes are an integral part of the consolidated financial statements.
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