Graco 2008 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2008 Graco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 78

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78

Newell Rubbermaid Inc. 2008 Annual Report
43
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(Amounts in millions)
Additional Total
Common Treasury Paid-In Retained Accumulated Other Stockholders’
Stock Stock Capital Earnings Comprehensive Loss Equity
Balance at December 31, 2005 $290.2 $(411.6) $453.0 $1,538.3 $(226.7) $1,643.2
Net income — — — 385.0 — 385.0
Foreign currency translation — — — — 28.8 28.8
Minimum pension liability adjustment, net of $27.1 tax — — — — 50.0 50.0
Loss on derivative instruments, net of $(2.6) tax — — — — (4.3) (4.3)
Total comprehensive income $ 459.5
Cash dividends on common stock — — — (232.8) — (232.8)
Exercise of stock options 0.8 — 19.1 — — 19.9
Adjustment to initially apply SFAS 158, net of $(15.4) tax — — — — (32.4) (32.4)
Stock-based compensation and other — — 32.9 (0.1) — 32.8
Balance at December 31, 2006 $291.0 $(411.6) $505.0 $1,690.4 $(184.6) $1,890.2
Net income — — — 467.1 — 467.1
Foreign currency translation — — — — 28.2 28.2
Unrecognized pension and other postretirement benefits,
net of $17.8 tax — — — — 26.3 26.3
Gain on derivative instruments, net of $23.3 tax — — — — 6.9 6.9
Total comprehensive income $ 528.5
Cash dividends on common stock — — — (234.7) — (234.7)
Exercise of stock options 0.9 — 21.6 — — 22.5
Stock-based compensation and other 0.7 (3.5) 43.7 (0.1) — 40.8
Balance at December 31, 2007 $292.6 $(415.1) $570.3 $1,922.7 $(123.2) $2,247.3
Net loss — — — (52.3) — (52.3)
Foreign currency translation — — — — (312.0) (312.0)
Unrecognized pension and other postretirement costs,
net of $(87.0) tax — — — — (107.4) (107.4)
Gain on derivative instruments, including $22.1
of tax benefits — — — — 39.5 39.5
Total comprehensive loss $ (432.2)
Cash dividends on common stock — — — (234.5) — (234.5)
Exercise of stock options 0.1 — 2.3 — — 2.4
SFAS 158, net of $(0.2) tax — — — (1.1) 0.7 (0.4)
Stock-based compensation and other 0.4 (2.9) 34.1 — — 31.6
Balance at December 31, 2008 $293.1 $(418.0) $606.7 $1,634.8 $(502.4) $1,614.2
See Notes to Consolidated Financial Statements.