Nordstrom 1999 Annual Report Download - page 38

Download and view the complete annual report

Please find page 38 of the 1999 Nordstrom annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 62

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62

NORDSTROM, INC. AND SUBSIDIARIES
36
Consolidated Statements
of Shareholders’ Equity
Dollars in thousands except per share amounts
Accum. Other
Common Stock Unearned Retained Comprehensive
Shares Amount Compensation Earnings Income Total
Balance at February 1, 1997,
as previously reported 159,269,954 $183,398 — $1,289,794 — $1,473,192
Adjustment for sales returns
reserve, net of taxes (16,108) (16,108)
Balance at February 1, 1997,
as adjusted 159,269,954 183,398 — 1,273,686 — 1,457,084
Net earnings — — — 186,213 — 186,213
Cash dividends paid
($.265 per share) — — — (41,168) — (41,168)
Issuance of common stock 838,478 17,406 — — — 17,406
Stock compensation 4,672 246 246
Purchase and retirement of
common stock (7,595,000) — — (160,831) — (160,831)
Balance at January 31, 1998 152,518,104 201,050 — 1,257,900 — 1,458,950
Net earnings — — — 206,723 — 206,723
Cash dividends paid
($.30 per share) — — — (44,059) — (44,059)
Issuance of common stock 599,593 14,971 — — 14,971
Stock compensation 194,070 14,740 $ (4,703) — — 10,037
Purchase and retirement
of common stock (11,197,600) — — (346,077) — (346,077)
Balance at January 31, 1999 142,114,167 230,761 (4,703) 1,074,487 — 1,300,545
Net earnings — — — 202,557 — 202,557
Unrealized gain on investment — — — — $17,032 17,032
Comprehensive net earnings — — — — — 219,589
Cash dividends paid — — — (44,463) — (44,463)
($.32 per share) —
Issuance of common stock 341,947 9,577 — — — 9,577
Stock compensation 40,274 7,221 (3,890) — — 3,331
Purchase and retirement
of common stock (10,216,400) — — (302,965) — (302,965)
Balance at January 31, 2000 132,279,98 8 $247,559 $(8,593) $ 929,616 $17 ,032 $1,185,614
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.