Family Dollar 2013 Annual Report Download - page 47

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FAMILY DOLLAR STORES, INC., AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(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 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 on investment securities (net of
$0.6 million of taxes) ............................ 904 904
Other ........................................... (261) (261)
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 declared on common stock, $0.695 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
Net income for the year ............................ 422,240 422,240
Unrealized gains on investment securities (net of
$2.7 million of taxes) ............................ 4,527 4,527
Other ........................................... 35 35
Issuance of 1,209,507 common shares under incentive
plans, including tax benefits ....................... 121 29,602 29,723
Purchase of 3,214,866 common shares for treasury ....... (191,573) (191,573)
Retirement of 29,400,000 shares of treasury stock ........ (2,940) (60,139) (1,087,303) 1,150,382 —
Issuance of 14,066 shares of treasury stock under incentive
plans (Director compensation) ..................... 152 622 774
Stock-based compensation .......................... 15,129 15,129
Dividends declared on common stock, $0.60 per share .... (70,302) (70,302)
Balance, August 25, 2012
(115,362,048 shares common stock;
3,763,691 shares treasury stock) .................. $11,913 $259,189 $ 1,234,384 $(1,841) $ (206,018) $1,297,627
Net income for the year ............................ 443,575 443,575
Unrealized gains on investment securities (net of
$0.4 million of taxes) ............................ (413) (413)
Other ........................................... 59 59
Issuance of 965,419 common shares under incentive plans,
including tax benefits ............................ 96 25,141 25,237
Purchase of 1,248,284 common shares for treasury ....... (74,954) (74,954)
Issuance of 12,930 shares of treasury stock under incentive
plans (Director compensation) ..................... 27 723 750
Stock-based compensation .......................... 15,508 15,508
Dividends declared on common stock, $0.94 per share .... (108,334) (108,334)
Balance, August 31, 2013
(120,091,158 shares common stock;
4,999,045 shares treasury stock) .................. $12,009 $299,865 $ 1,569,625 $(2,195) $ (280,249) $1,599,055
The accompanying notes are an integral part of the consolidated financial statements.
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