Harris Teeter 2012 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2012 Harris Teeter 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 128

  • 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
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

STATEMENTS OF CONSOLIDATED SHAREHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
HARRIS TEETER SUPERMARKETS INC. AND SUBSIDIARIES (HTSI)
(dollars in thousands, except share and per share amounts)
Common
Stock
Shares
(no par value)
Common
Stock
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Equity of
HTSI
Non-
controlling
Interest
Total
Equity
Balance as of September 27, 2009 48,545,080 $ 89,878 $ 830,236 $(108,524) $ 811,590 $ 6,773 $ 818,363
Net earnings - - 112,041 - 112,041 1,067 113,108
Unrealized loss on cash flow hedge, net of tax benefits of $319 - - - (656) (656) - (656)
Postemployment benefits adjustment, net of tax benefits of $59 - - - (114) (114) - (114)
Pension liability adjustment, tax benefits of $10,060 - - - (15,628) (15,628) - (15,628)
Foreign currency translation adjustment, net of $333 for taxes - - - 243 243 44 287
Total Comprehensive Income 95,886 1,111 96,997
Dividends ($0.48 a share) - - (23,434) - (23,434) - (23,434)
Exercise of stock options, including tax benefits of $1,366 257,741 5,320 - - 5,320 - 5,320
Share-based compensation 204,423 6,104 - - 6,104 - 6,104
Shares effectively purchased and retired for withholding taxes (50,462) (1,375) - - (1,375) - (1,375)
Shares purchased and retired (55,300) (1,491) - - (1,491) - (1,491)
Directors stock plan - 14 - - 14 - 14
Acquisition from noncontrolling interest - (165) (165) (1,264) (1,429)
Distributions to noncontrolling interest - - - - - (146) (146)
Balance as of October 3, 2010 48,901,482 98,285 918,843 (124,679) 892,449 6,474 898,923
Net earnings - - 91,247 - 91,247 698 91,945
Unrealized gain on cash flow hedge, net of $271 for taxes - - - 487 487 - 487
Postemployment benefits adjustment, net of $13 for taxes - - - 39 39 - 39
Pension liability adjustment, net of $3,222 for taxes - - - 5,060 5,060 - 5,060
Foreign currency translation adjustment, including $146 for taxes - - - (378) (378) 236 (142)
Total Comprehensive Income 96,455 934 97,389
Dividends ($0.52 a share) - - (25,555) - (25,555) - (25,555)
Exercise of stock options, including tax benefits of $1,157 38,256 1,779 - - 1,779 - 1,779
Share-based compensation 273,844 8,073 - - 8,073 - 8,073
Shares effectively purchased and retired for withholding taxes (65,765) (2,485) - - (2,485) - (2,485)
Directors stock plan - 3 - - 3 - 3
Acquisition from noncontrolling interest - (1,444) - - (1,444) (806) (2,250)
Distributions to noncontrolling interest - - - - - (795) (795)
Balance as of October 2, 2011 49,147,817 104,211 984,535 (119,471) 969,275 5,807 975,082
Net earnings - - 82,512 - 82,512 - 82,512
Unrealized gain on cash flow hedge, net of $433 for taxes - - - 603 603 - 603
Postemployment benefits adjustment, net of tax benefits of $19 - - - (21) (21) - (21)
Pension liability adjustment, net of $5,405 for taxes - - - 9,151 9,151 - 9,151
Foreign currency translation adjustment, including tax benefits of $40 - - - 870 870 56 926
Total Comprehensive Income 93,115 56 93,171
Dividends ($0.55 a share) - - (27,112) - (27,112) - (27,112)
Exercise of stock options, including tax benefits of $1,760 30,506 2,245 - - 2,245 - 2,245
Share-based compensation 236,554 10,016 - - 10,016 - 10,016
Shares effectively purchased and retired for withholding taxes (122,292) (5,129) - - (5,129) - (5,129)
Directors stock plan - 4 - - 4 - 4
Distributions to noncontrolling interest - - - - - (176) (176)
Disposition of subsidiary - - - (4,795) (4,795) (5,687) (10,482)
Balance as of October 2, 2012 49,292,585 $111,347 $1,039,935 $(113,663) $1,037,619 $ - $1,037,619
See Notes to Consolidated Financial Statements
26