LensCrafters 2009 Annual Report Download - page 56

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> 54 | ANNUAL REPORT 2009
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY FOR THE YEARS ENDED
DECEMBER 31, 2007, 2008 AND 2009 (*)
Luxottica Group shareholders
Common stock Additional
paid-in
capital Retained
earnings
Accumulated
other
comprehen-
sive loss
Treasury
shares
Noncon-
trolling
interests
Compre-
hensive
income
Total
consoli-
dated
equityShares Amount
BALANCES, JANUARY 1, 2007 460,216,248 27,613 203,016 2,343,800 (288,593) (69,987) 30,371 2,246,220
Exercise of stock options 2,407,372 144 26,498 26,642
Translation adjustment (90,881) 6,172 (84,709) (84,709)
Effect of adoption of FIN 48 (8,060) (8,060)
Non-cash stock-based compensation 42,121 42,121
Minimum pension liability, net of taxes of Euro 3.9 million 9,688 9,688 9,688
Unrealized gain on available-for-sale securities,
net of taxes of Euro 0.9 million (1,579) (1,579) (1,579)
Excess tax benefi t on stock options 6,313 6,313
Change in fair value of derivative instruments,
net of taxes of Euro 4.6 million (6,062) (6,062) (6,062)
Dividends declared (Euro 0.42 per share) (191,077) (10,422) (201,499)
Net income 492,204 14,976 507,180 507,180
BALANCES, DECEMBER 31, 2007 462,623,620 27,757 277,947 2,636,868 (377,428) (69,987) 41,097 424,517 2,536,255
BALANCES, JANUARY 1, 2008 462,623,620 27,757 277,947 2,636,868 (377,428) (69,987) 41,097 2,536,255
Exercise of stock options 744,613 45 7,081 7,126
Translation adjustment (73,682) 3,709 (69,973) (69,973)
Non-cash stock-based compensation 10,424 10,424
Adjustment to pension liability, net of taxes
of Euro 29.2 million (50,658) (50,658) (50,658)
Adoption of SFAS No. 158 measurement date
provisions, net of taxes of Euro 1.9 million (3,079) (3,079)
Unrealized gain on available-for-sale securities,
net of taxes of Euro 0.2 million 409 409 409
Excess tax benefi t on stock options 631 631
Change in fair value of derivative instruments,
net of taxes of Euro 20.7 million (41,287) (41,287) (41,287)
Diluted gain on business combinations 5,446 5,446
Dividends declared (Euro 0.49 per share) (223,617) (12,969) (236,586)
Net income 379,722 15,491 395,213 395,213
BALANCES, DECEMBER 31, 2008 463,368,233 27,802 301,530 2,789,894 (542,646) (69,987) 47,328 233,704 2,553,921
(continued)