Foot Locker 2011 Annual Report Download - page 57

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FOOT LOCKER, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Additional Paid-In
Capital &
Common Stock Treasury Stock Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
EquityShares Amount Shares Amount
(shares in thousands, amounts in millions)
Balance at January 31, 2009 159,599 $691 (4,681) $(102) $1,581 $(246) $1,924
Restricted stock issued 1,004 — — — —
Issued under director and stock plans 664 6 — — 6
Share-based compensation expense — 12 — — 12
Forfeitures of restricted stock — — (10) — —
Shares of common stock used to satisfy
tax withholding obligations — — (32) (1) (1)
Acquired in exchange of stock options — — (3) — —
Net income 48 48
Cash dividends declared on common
stock ($0.60 per share) (94) (94)
Translation adjustment, net of tax 65 65
Change in cash flow hedges, net of tax (2) (2)
Pension and post-retirement
adjustments, net of tax (13) (13)
Unrealized gain on available-for-sale
securities, with no tax expense 33
Balance at January 30, 2010 161,267 $709 (4,726) $(103) $1,535 $(193) $1,948
Restricted stock issued 205 — — —
Issued under director and stock plans 1,187 10 — — 10
Share-based compensation expense — 13 — — 13
Total tax benefit from exercise of
options — 2 — — 2
Forfeitures of restricted stock — 1 (50) — 1
Shares of common stock used to satisfy
tax withholding obligations — — (292) (4) (4)
Acquired in exchange of stock options — — (34) (1) (1)
Share repurchases — — (3,215) (50) (50)
Reissued under employee stock
purchase plan — — 278 6 6
Net income 169 169
Cash dividends declared on common
stock ($0.60 per share) (93) (93)
Translation adjustment, net of tax 11 11
Change in cash flow hedges, net of tax 11
Pension and post-retirement
adjustments, net of tax 12 12
Balance at January 29, 2011 162,659 $735 (8,039) $(152) $1,611 $(169) $2,025
Restricted stock issued 242 — — — —
Issued under director and stock plans 1,559 19 — — 19
Share-based compensation expense — 18 — — 18
Total tax benefit from exercise of
options — 6 — — 6
Forfeitures of restricted stock — 1 (60) — 1
Shares of common stock used to satisfy
tax withholding obligations — — (140) (3) (3)
Acquired in exchange of stock options — — (34) (1) (1)
Share repurchases — — (4,904) (104) (104)
Reissued under employee stock
purchase plan — — 336 7 7
Net income 278 278
Cash dividends declared on common
stock ($0.66 per share) (101) (101)
Translation adjustment, net of tax (23) (23)
Change in cash flow hedges, net of tax (2) (2)
Pension and post-retirement
adjustments, net of tax (10) (10)
Balance at January 28, 2012 164,460 $779 (12,841) $(253) $1,788 $(204) $2,110
See Accompanying Notes to Consolidated Financial Statements.
37