Nordstrom 2005 Annual Report Download - page 38

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30
Nordstrom, Inc.
Consolidated Statements of Shareholders’ Equity
Amounts in thousands except per share amounts
Accumulated
Unearned Other
Common Stock Stock Retained Comprehensive
Shares Amount Compensation Earnings Earnings Total
Balance at January 31, 2003 270,888 $358,069 $(2,010) $1,014,105 $2,700 $1,372,864
Net earnings — — — 242,841 — 242,841
Other comprehensive earnings:
Foreign currency translation adjustment — — — — 7,379 7,379
Unrecognized loss on SERP, net of tax
of $3,304 — — — — (5,168) (5,168)
Fair value adjustment to investment in
asset backed securities, net of tax
of $(2,530) — — — — 3,957 3,957
Comprehensive net earnings — — — — — 249,009
Cash dividends paid ($0.205 per share) — — — (55,853) — (55,853)
Issuance of common stock for:
Stock option plans 4,519 57,981 — — — 57,981
Employee stock purchase plan 1,295 9,677 — — — 9,677
Stock-based compensation 51 (1,082) 1,413 — — 331
Balance at January 31, 2004 276,753 424,645 (597) 1,201,093 8,868 1,634,009
Net earnings — — — 393,450 — 393,450
Other comprehensive earnings:
Foreign currency translation adjustment — — — — 493 493
Unrecognized loss on SERP, net of tax
of $76 — — — — (119) (119)
Fair value adjustment to investment in
asset backed securities, net of tax
of $(59) — — — — 93 93
Comprehensive net earnings — — — — — 393,917
Cash dividends paid ($0.24 per share) — — — (67,240) — (67,240)
Issuance of common stock for:
Stock option plans 7,238 111,315 — — — 111,315
Employee stock purchase plan 977 14,081 — — — 14,081
Stock-based compensation 178 2,614 298 — — 2,912
Repurchase of common stock (13,815) — — (300,000) — (300,000)
Balance at January 29, 2005 271,331 552,655 (299) 1,227,303 9,335 1,788,994
Net earnings — — — 551,339 — 551,339
Other comprehensive earnings:
Foreign currency translation adjustment — — — — (1,815) (1,815)
Unrecognized loss on SERP, net of tax
of $4,950 — — — — (7,742) (7,742)
Fair value adjustment to investment in
asset backed securities, net of tax
of $(1,875) — — — — 2,930 2,930
Comprehensive net earnings — — — — — 544,712
Cash dividends paid ($0.32 per share) — — — (87,196) — (87,196)
Issuance of common stock for:
Stock option plans 5,820 112,948 — — — 112,948
Employee stock purchase plan 757 16,767 — — — 16,767
Stock-based compensation 136 3,564 (28) — — 3,536
Repurchase of common stock (8,495) — — (287,080) — (287,080)
Balance at January 28, 2006 269,549 $685,934 $(327) $1,404,366 $2,708 $2,092,681
The accompanying Notes to Consolidated Financial Statements are an integral part of these financial statements.