Lexmark 2014 Annual Report Download - page 67

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Lexmark International, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
For the years ended December 31, 2014, 2013, and 2012
(In Millions)
Accumulated
Class A and B Other
Common Stock Capital in Comprehensive Total
Excess Retained Treasury (Loss) Stockholders'
Shares Amount of Par Earnings Stock Earnings Equity
Balance at December 31, 2011 71.4 0.9 866.6 1,202.9 (654.4) (21.1) 1,394.9
Comprehensive earnings, net of taxes
Net earnings 107.6 107.6
Other comprehensive earnings (loss) 16.0 16.0
Shares issued under deferred stock plan compensation 0.4 0.1 0.1
Shares issued upon exercise of options 0.2 5.8 5.8
Tax benefit (shortfall) related to stock plans 2.4 2.4
Stock-based compensation 23.3 23.3
Dividends declared on Class A common stock, $1.15 per
share (1) 2.5 (81.1) (78.6)
Treasury shares purchased (8.1) (190.0) (190.0)
Balance at December 31, 2012 63.9 1.0 900.6 1,229.4 (844.4) (5.1) 1,281.5
Comprehensive earnings, net of taxes
Net earnings 261.8 261.8
Other comprehensive (loss) earnings (30.1) (30.1)
Shares issued under deferred stock plan compensation 0.8 – –
Shares issued upon exercise of options – 0.4 0.4
Tax benefit (shortfall) related to stock plans (14.7) (14.7)
Stock-based compensation 26.7 26.7
Dividends declared on Class A common stock, $1.20 per
share (2) 2.8 (78.1) (75.3)
Treasury shares purchased (2.7) (82.0) (82.0)
Balance at December 31, 2013 62.0 $ 1.0 $ 915.8 $ 1,413.1 $ (926.4) $ (35.2) $ 1,368.3
Comprehensive earnings, net of taxes
Net earnings 79.1 79.1
Other comprehensive (loss) earnings (56.4) (56.4)
Shares issued under deferred stock plan compensation 0.9 – –
Deferred stock units granted under deferred compensation
election 1.2 1.2
Shares issued upon exercise of options 0.3 – 11.0 11.0
Tax benefit (shortfall) related to stock plans (2.2) (2.2)
Stock-based compensation 27.6 27.6
Dividends declared on Class A common stock, $1.38 per
share (3) 2.8 (88.1) (85.3)
Treasury shares purchased (1.9) (80.0) (80.0)
Balance at December 31, 2014 61.3 $ 1.0 $ 956.2 $ 1,404.1 $ (1,006.4) $ (91.6) $ 1,263.3
(1) Includes $78.6 million cash dividend paid in 2012 as well as $2.5 million dividend equivalent units granted
(2) Includes $75.3 million cash dividend paid in 2013 as well as $2.8 million dividend equivalent units granted
(3) Includes $85.3 million cash dividend paid in 2014 as well as $2.8 million dividend equivalent units granted
See notes to consolidated financial statements.
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