Nucor 2011 Annual Report Download - page 45

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4444 CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (in thousands, except per share data)
TOTAL
COMMON STOCK
ADDITIONAL
PAID-IN
CAPITAL
RETAINED
EARNINGS
ACCUMULATED
OTHER
COMPREHENSIVE
INCOME (LOSS)
TREASURY STOCK
(AT COST)
TOTAL
NUCOR
STOCKHOLDERS'
EQUITY
NON-
CONTROLLING
INTERESTSSHARES AMOUNT SHARES AMOUNT
BALANCES, December 31, 2008 $8,256,681 374,069 $149,628 $1,629,981 $7,860,629 $(190,262) 60,092 $(1,520,772) $7,929,204 $327,477
Comprehensive income:
Net earnings (loss) in 2009 (237,178) (293,613) (293,613) 56,435
Net unrealized loss on hedging derivatives,
net of income taxes (48,616) (48,616) (48,616)
Reclassification adjustment for loss on
settlement of hedging derivatives included
in net loss, net of income taxes 40,543 40,543 40,543
Foreign currency translation gain,
net of income taxes 155,285 155,201 155,201 84
Adjustment to early retiree medical plan,
net of income taxes 2,078 2,078 2,078
Total comprehensive income (loss) (87,888) (144,407) 56,519
Stock options exercised 3,740 239 95 3,645 3,740
Issuance of stock under award plans,
net of forfeitures 44,883 384 154 38,247 (256) 6,482 44,883
Amortization of unearned compensation 3,904 3,904 3,904
Cash dividends ($1.41 per share) (446,798) (446,798) (446,798)
Distributions to noncontrolling interests (190,233) (190,233)
BALANCES, December 31, 2009 7,584,289 374,692 149,877 1,675,777 7,120,218 (41,056) 59,836 (1,514,290) 7,390,526 193,763
Comprehensive income:
Net earnings in 2010 206,323 134,092 134,092 72,231
Net unrealized loss on hedging derivatives,
net of income taxes (29,957) (29,957) (29,957)
Reclassification adjustment for loss on
settlement of hedging derivatives included
in net earnings, net of income taxes 35,141 35,141 35,141
Foreign currency translation gain,
net of income taxes 8,182 8,172 8,172 10
Adjustment to early retiree medical plan,
net of income taxes (76) (76) (76)
Total comprehensive income 219,613 147,372 72,241
Stock options exercised 4,662 319 128 4,534 4,662
Stock option expense 729 729 729
Issuance of stock under award plans,
net of forfeitures 32,777 440 176 28,152 (176) 4,449 32,777
Amortization of unearned compensation 2,326 2,326 2,326
Cash dividends ($1.4425 per share) (458,322) (458,322) (458,322)
Distributions to noncontrolling interests (55,380) (55,380)
BALANCES, December 31, 2010 7,330,694 375,451 150,181 1,711,518 6,795,988 (27,776) 59,660 (1,509,841) 7,120,070 210,624
Comprehensive income:
Net earnings in 2011 860,984 778,188 778,188 82,796
Net unrealized loss on hedging derivatives,
net of income taxes (8,454) (8,454) (8,454)
Reclassification adjustment for loss on
settlement of hedging derivatives included
in net earnings, net of income taxes 37,093 37,093 37,093
Foreign currency translation loss,
net of income taxes (40,210) (40,205) (40,205) (5)
Adjustment to early retiree medical plan,
net of income taxes 8,789 8,789 8,789
Correction of error in early retiree medical
plan, net of income taxes (7,624) (7,624) (7,624)
Total comprehensive income 850,578 767,787 82,791
Stock options exercised 8,097 387 155 7,942 8,097
Stock option expense 9,850 9,850 9,850
Issuance of stock under award plans,
net of forfeitures 30,091 401 160 25,624 (170) 4,307 30,091
Amortization of unearned compensation 1,600 1,600 1,600
Cash dividends ($1.4525 per share) (462,610) (462,610) (462,610)
Distributions to noncontrolling interests (61,720) (61,720)
BALANCES, December 31, 2011 $7,706,580 376,239 $150,496 $1,756,534 $7,111,566 $ (38,177) 59,490 $(1,505,534) $7,474,885 $231,695
See notes to consolidated financial statements.