Harley Davidson 2015 Annual Report Download - page 57

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57
HARLEY-DAVIDSON, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Years ended December 31, 2015, 2014 and 2013
(In thousands, except share amounts)
Common Stock Additional
paid-in
capital Retained
Earnings
Accumulated
Other
comprehensive
loss Treasury
Balance Total
Issued
Shares Balance
Balance December 31, 2012 341,265,838 $ 3,413 $ 1,066,069 $ 7,306,424 $ (607,678) $ (5,210,604) $ 2,557,624
Net income — — — 733,993 — — 733,993
Total other comprehensive loss, net of tax
(Note 10) — — — — 275,002 — 275,002
Dividends — — — (187,688) — — (187,688)
Repurchase of common stock — — — — — (479,231)(479,231)
Share-based compensation and 401(k) match
made with Treasury shares — — 40,724 — — 784 41,508
Issuance of nonvested stock 492,755 5 (5) — — — —
Exercise of stock options 1,398,638 14 50,553 — — — 50,567
Tax benefit of stock options and nonvested
stock — — 17,711 — — — 17,711
Balance December 31, 2013 343,157,231 $ 3,432 $ 1,175,052 $ 7,852,729 $ (332,676) $ (5,689,051) $ 3,009,486
Net income — — — 844,611 — — 844,611
Total other comprehensive income, net of tax
(Note 10) — — — — (182,267) — (182,267)
Dividends — — — (238,300) — — (238,300)
Repurchase of common stock — — — — — (615,602)(615,602)
Share-based compensation and 401(k) match
made with Treasury shares — — 40,848 — — 1,143 41,991
Issuance of nonvested stock 15,891 — — — — — —
Exercise of stock options 1,001,531 10 37,775 — — — 37,785
Tax benefit of stock options and nonvested
stock — — 11,582 — — — 11,582
Balance December 31, 2014 344,174,653 $ 3,442 $ 1,265,257 $ 8,459,040 $ (514,943) $ (6,303,510) $ 2,909,286
Net income — — — 752,207 — — 752,207
Total other comprehensive loss, net of tax
(Note 10) — — — — (100,262) — (100,262)
Dividends — — — (249,262) — — (249,262)
Repurchase of common stock — — — — — (1,537,020)(1,537,020)
Share-based compensation and 401(k) match
made with Treasury shares — — 39,457 — — 1,394 40,851
Issuance of nonvested stock 162,193 2 (2) — — — —
Exercise of stock options 518,858 5 20,174 — — — 20,179
Tax benefit of stock options and nonvested
stock — — 3,675 — — — 3,675
Balance December 31, 2015 344,855,704 $ 3,449 $ 1,328,561 $ 8,961,985 $ (615,205) $ (7,839,136) $ 1,839,654
The accompanying notes are an integral part of the consolidated financial statements.