LensCrafters 2006 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2006 LensCrafters 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 166

  • 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
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

REPORT OF
INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM |105 <
Other Accumulated other Treasury
Additional Unearned comprehensive comprehensive shares Consolidated
Common stock paid-in Retained Stock-based income (loss), income (loss), amount, shareholders’
(Euro/000) Shares Amount capital earnings compensation net of tax net of tax at cost equity
(cont’d)
Exercise of stock options 2,240,525 134 24,308 24,443
Translation adjustment (126,853) (126,853) (126,853)
Effect of adoption of SFAS 123 R (48,567) 48,567
Realized stock based compensation 47,969 47,969
Minimum pension, liability, net of taxes
of Euro 0.4 million (624) (624) (624)
Effect of adoption SFAS 158, net of taxes
of Euro 5.5 million (8,409) (8,409) (8,409)
Unrealized gain on available-for-sale securities,
net of taxes of Euro 0.5 million 1,244 1,244 1,244
Diluted gain on business acquisitions, SAB 5-H gain 21,847 21,847
Excess tax benefit on stock options 7,279 7,279
Change in fair value of derivative instruments,
net of taxes of Euro 1.8 million 2,003 2,003 2,003
Dividends declared (Euro 0.29 per share) (131,369) (131,369)
Income from continuing operations 430,705 430,705 430,705
(Loss) on discontinued operations (6,419) (6,419) (6,419)
Comprehensive income 291,647
BALANCES, DECEMBER 31, 2006 460,216,248 27,613 203,016 2,343,800 - (288,593) (69,987) 2,215,849
Comprehensive income (1) 384,886
BALANCES, DECEMBER 31, 2006
(US$/000) (1) 460,216,248 36,440 267,920 3,093,113 - (380,856) (92,362) 2,924,256
(1) Translated for convenience at the New York City Noon Buying Rate as determined in Note 1
See notes to Consolidated Financial Statements.
(*) In accordance with U.S. GAAP.