LensCrafters 2009 Annual Report Download - page 57

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CONSOLIDATED
STATEMENTS OF
SHAREHOLDERS’ EQUITY | 55 <
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, 2009 463,368,233 27,802 301,530 2,789,894 (542,646) (69,987) 47,328 2,553,921
Exercise of stock options 1,018,150 61 11,437 11,498
Translation adjustment 27,844 108 27,952 27,952
Non-cash stock-based compensation 16,291 16,291
Adjustment to pension liability, net of taxes
of Euro 8.1 million 12,435 12,435 12,435
Change in fair value of derivative instruments,
net of taxes of 4.2 million 10,429 10,429 10,429
Investment in treasury Shares 15,895 (12,726) 3,169
Dividends declared (Euro 0.22 per share) (100,833) (2,651) (103,484)
Excess tax benefi t on stock options 1,156 1,156
Net income 314,762 12,105 326,867 326,867
BALANCES, DECEMBER 31, 2009 464,386,383 27,863 346,309 3,003,823 (491,938) (82,713) 56,890 377,683 2,860,233
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEAR ENDED
DECEMBER 31, 2009, 2008 AND 2007 (*)
2009 2008 2007
(Euro 000)
NET INCOME 326,867 395,213 507,180
Other comprehensive income, net of taxes
Adjustment to pension liability, net of taxes 12,435 (50,658) 9,688
Change in fair value of derivative instruments, net of taxes 10,429 (41,287) (6,062)
Translation adjustment 27,952 (69,973) (84,709)
Unrealized gain on available for sale securities, net of taxes 409 (1,579)
Comprehensive income 377,683 233,704 424,517
Comprehensive income attributable to noncontrolling interests 12,213 19,200 21,148
Comprehensive income attributable to the Luxottica Group shareholders 365,470 214,504 403,369
(*) In accordance with US GAAP. See notes to the consolidated fi nancial statements.