Henry Schein 2014 Annual Report Download - page 79

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See accompanying notes.
65
HENRY SCHEIN, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
(In thousands, except share and per share data)
Accumulated
Common Stock Additional Other Total
$.01 Par Value Paid-in Retained Comprehensive Noncontrolling Stockholders'
Shares Amount Capital Earnings Income (Loss) Interests Equity
Balance, December 31, 2011 ..........................................................
.
89,928,082 $ 899 $ 401,262 $ 2,007,477 $ 22,584 $ 1,401 $ 2,433,623
Net income (excluding $34,803 attributable to Redeemable
noncontrolling interests) ...........................................................
.
- - - 388,076 - 509 388,585
Foreign currency translation gain (excluding $904
attributable to Redeemable noncontrolling interests) ..............
.
- - - - 32,443 - 32,443
Unrealized gain from foreign currency hedging activities,
net of tax of $654 .....................................................................
.
- - - - 2,865 - 2,865
Unrealized investment gain, net of tax of $310 ..............................
.
- - - - 414 - 414
Pension adjustment loss, net of tax benefit of $2,187 ....................
.
- - - - (5,451) - (5,451)
Dividends paid ................................................................................
.
- - - - - (430) (430)
Initial noncontrolling interests and adjustments related to
business acquisitions ................................................................
.
- - (1,189) - - 799 (390)
Change in fair value of redeemable securities ................................
.
- - (53,769) - - - (53,769)
Repurchase and retirement of common stock .................................
.
(3,937,054) (39) (88,196) (211,648) - - (299,883)
Stock issued upon exercise of stock options,
including tax benefit of $31,638 ..............................................
.
1,889,872 19 104,103 - - - 104,122
Stock-based compensation expense ................................................
.
277,339 3 37,310 - - - 37,313
Shares withheld for payroll taxes ...................................................
.
(307,568) (3) (23,024) - - - (23,027)
Liability for cash settlement stock-based compensation awards ....
.
- - (551) - - - (551)
Balance, December 29, 2012 ..........................................................
.
87,850,671 $ 879 $ 375,946 $ 2,183,905 $ 52,855 $ 2,279 $ 2,615,864
Net income (excluding $39,430 attributable to Redeemable
noncontrolling interests) ...........................................................
.
- - - 431,554 - 478 432,032
Foreign currency translation gain (excluding $654
attributable to Redeemable noncontrolling interests) ..............
.
- - - - 10,128 - 10,128
Unrealized gain from foreign currency hedging activities,
net of tax benefit of $26 ...........................................................
.
- - - - 95 - 95
Unrealized investment loss, net of tax benefit of $66 ....................
.
- - - - (100) - (100)
Pension adjustment gain, net of tax of $1,336 ................................
.
- - - - 4,871 - 4,871
Dividends paid ................................................................................
.
- - - - - (487) (487)
Other adjustments ...........................................................................
.
- - (90) - - - (90)
Initial noncontrolling interests and adjustments related to
business acquisitions ................................................................
.
- - - - - 534 534
Change in fair value of redeemable securities ................................
.
- - (41,039) - - - (41,039)
Repurchase and retirement of common stock .................................
.
(3,072,942) (31) (83,028) (217,192) - - (300,251)
Stock issued upon exercise of stock options,
including tax benefit of $18,410 ..............................................
.
743,651 7 53,955 - - - 53,962
Stock-based compensation expense ................................................
.
349,804 3 35,524 - - - 35,527
Shares withheld for payroll taxes ...................................................
.
(248,732) (2) (22,498) - - - (22,500)
Liability for cash settlement stock-based compensation awards ....
.
- - (545) - - - (545)
Balance, December 28, 2013 ..........................................................
.
85,622,452 $ 856 $ 318,225 $ 2,398,267 $ 67,849 $ 2,804 $ 2,788,001
Net income (excluding $38,741 attributable to Redeemable
noncontrolling interests) ...........................................................
.
- - - 466,077 - 618 466,695
Foreign currency translation loss (excluding $4,080
attributable to Redeemable noncontrolling interests) ..............
.
- - - - (153,582) (36) (153,618)
Unrealized loss from foreign currency hedging activities,
net of tax benefit of $155 .........................................................
.
- - - - (2,337) - (2,337)
Unrealized investment gain, net of tax of $250 ..............................
.
- - - - 379 - 379
Pension adjustment loss, net of tax benefit of $2,781 ....................
.
- - - - (7,441) - (7,441)
Dividends paid ................................................................................
.
- - - - - (544) (544)
Initial noncontrolling interests and adjustments related to
business acquisitions ................................................................
.
- - 744 - - 9 753
Change in fair value of redeemable securities ................................
.
- - (40,836) - - - (40,836)
Repurchase and retirement of common stock .................................
.
(2,528,209) (25) (78,143) (221,821) - - (299,989)
Stock issued upon exercise of stock options,
including tax benefit of $11,161 ..............................................
.
637,014 6 42,646 - - - 42,652
Stock-based compensation expense ................................................
.
464,124 5 45,871 - - - 45,876
Shares withheld for payroll taxes ...................................................
.
(186,844) (2) (22,570) - - - (22,572)
Liability for cash settlement stock-based compensation awards ....
.
- - (574) - - - (574)
Balance, December 27, 2014 ..........................................................
.
84,008,537 $ 840 $ 265,363 $ 2,642,523 $ (95,132) $ 2,851 $ 2,816,445