ManpowerGroup 2009 Annual Report Download - page 47

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45
Consolidated Statements of Shareholders’ Equity Manpower 2009 Annual Report
Common Stock Capital in
Excess
of Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Treasury Stock TotalShares issued Par Value
Balance, January 1, 2007 102,606,425 $ 1.0 $ 2,420.7 $ 617.0 $ 120.6 $ (685.1) $ 2,474.2
Comprehensive Income:
Net earnings 473.7
Foreign currency translation 106.3
Unrealized gain on derivatives, net of tax 1.6
Unrealized gain on investments,
net of tax 1.0
Defi ned benefi t pension plans and
retiree health care plan, net of tax 28.1
Total comprehensive income 610.7
Adjustment to initially apply ASC 740-10 (4.3) (4.3)
Issuances under equity plans,
including tax benefi ts 807,829 35.1 4.4 39.5
Share-based compensation expense 26.0 26.0
Dividends ($0.69 per share) (57.1) (57.1)
Repurchases of common stock (430.7) (430.7)
Balance, December 31, 2007 103,414,254 1.0 2,481.8 1,029.3 257.6 (1,111.4) 2,658.3
Comprehensive Income:
Net earnings 205.5
Foreign currency translation (249.9)
Unrealized loss on investments, net of tax (7.6)
Unrealized loss on derivatives, net of tax (1.4)
Defi ned benefi t pension plans and
retiree health care plan, net of tax (5.8)
Total comprehensive loss (59.2)
Effects of changing pension plan
measurement date
Service cost, interest cost and
return on plan assets for October 1-
December 31, net of tax 0.1 0.1
Additional loss for October 1-
December 31, net of tax (1.8) (1.8)
Issuances under equity plans, including
tax benefi ts 341,884 11.9 0.8 12.7
Share-based compensation expense 21.1 21.1
Dividends ($0.74 per share) (58.1) (58.1)
Repurchases of common stock (113.7) (113.7)
Balance, December 31, 2008 103,756,138 1.0 2,514.8 1,176.8 (8.9) (1,224.3) 2,459.4
Comprehensive Income:
Net loss (9.2)
Foreign currency translation 107.0
Unrealized gain on investments, net of tax 4.3
Reclassifi cation to earnings of loss on
derivatives, net of tax 4.3
Unrealized gain on derivatives, net of tax 0.3
Defi ned benefi t pension plans and
retiree health care plan, net of tax (0.1)
Total comprehensive income 106.6
Issuances under equity plans,
including tax benefi ts 641,827 15.5 (0.9) 14.6
Share-based compensation expense 17.5 17.5
Dividends ($0.74 per share) (58.0) (58.0)
Other (3.6 ) (3.6 )
Balance, December 31, 2009 104,397,965 $ 1.0 $ 2,544.2 $ 1,109.6 $ 106.9 $(1,225.2 ) $ 2,536.5
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
Consolidated Statements of Shareholders’ Equity
in millions, except share and per share data