Neiman Marcus 2009 Annual Report Download - page 101

Table of Contents
NEIMAN MARCUS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(in thousands)
Common
stock
Additional
paid-in
capital
Accumulated
other
comprehensive
income (loss)
Retained
earnings
(deficit)
Total
shareholders'
equity
BALANCE AT JULY 28, 2007 $ 10 $ 1,412,386 $ 21,229 $ 124,387 $ 1,558,012
Stock based compensation expense — 6,087 — — 6,087
Comprehensive income:
Net earnings — — — 142,813 142,813
Adjustments for fluctuations in fair market
value of financial instruments, net of tax
of ($16,355) — — (25,159) — (25,159)
Reclassification to earnings, net of tax of
($214) — — (329) — (329)
Change in unfunded benefit obligations, net
of tax of ($3,239) — — (5,063) — (5,063)
Other — — 158 — 158
Total comprehensive income 112,420
BALANCE AT AUGUST 2, 2008 10 1,418,473 (9,164)267,200 1,676,519
Stock based compensation expense — 5,785 — — 5,785
Comprehensive loss:
Net loss — — — (668,046) (668,046)
Adjustments for fluctuations in fair market
value of financial instruments, net of tax
of ($19,229) — — (29,575) — (29,575)
Reclassification to earnings, net of tax of
$10,287 — — 15,822 — 15,822
Change in unfunded benefit obligations, net
of tax of ($52,865) — — (81,313) — (81,313)
Other — — (357) — (357)
Total comprehensive loss (763,469)
BALANCE AT AUGUST 1, 2009 10 1,424,258 (104,587)(400,846)918,835
Stock based compensation expense — 10,063 — — 10,063
Comprehensive loss:
Net loss — — — (1,838) (1,838)
Adjustments for fluctuations in fair market
value of financial instruments, net of tax
of ($6,074) — — (9,343) — (9,343)
Reclassification to earnings, net of tax of
$17,925 — — 27,570 — 27,570
Change in unfunded benefit obligations, net
of tax of ($12,992) — — (19,982) — (19,982)
Other — — 68 — 68
Total comprehensive loss (3,525)
BALANCE AT JULY 31, 2010 $ 10 $ 1,434,321 $ (106,274)$ (402,684)$ 925,373
See Notes to Consolidated Financial Statements.
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