Petsmart 2005 Annual Report Download - page 64

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PetSmart, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
Common
Stock
Treasury
Stock
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings/
(Accumulated
(Loss)
Accumulated
Other
Comprehensive
Income
(Loss)
Treasury
Stock Total
Shares
(In thousands, except per share data)
BALANCE AT FEBRUARY 2, 2003 (as
previously reported) ................ 139,914 — $14 $642,748 $ 2,877 $(1,802) $ — $ 643,837
Adjustment (see Note 2) ............... 94,433 (79,195) 15,238
BALANCE AT FEBRUARY 2, 2003 . ...... 139,914 — 14 737,181 (76,318) (1,802) — 659,075
Stock options and employee stock purchase
plan compensation cost . . . ........... 18,131 18,131
Tax benefit from tax deductions in excess of
the compensation cost recognized . . ...... 13,829 13,829
Issuance of common stock under stock
incentive plans .................... 4,344 36,007 36,007
Issuance of restricted stock and compensation
cost, net of award reacquisitions and
adjustments . ..................... 555 2,109 2,109
Cash dividends ($0.04 per share) .......... (5,735) (5,735)
Other comprehensive income, net of income
tax:
Foreign currency translation adjustments . . . 3,260 3,260
Purchase of treasury stock, at cost . . . ...... (1,406) (34,977) (34,977)
Net income . . . ..................... 124,951 124,951
BALANCE AT FEBRUARY 1, 2004 . ...... 144,813 (1,406) 14 807,257 42,898 1,458 (34,977) 816,650
Stock options and employee stock purchase
plan compensation cost . . . ........... 23,640 23,640
Tax benefit from tax deductions in excess of
the compensation cost recognized . . ...... 28,667 28,667
Issuance of common stock under stock
incentive plans .................... 4,212 1 39,954 39,955
Issuance of restricted stock and compensation
cost, net of award reacquisitions and
adjustments . ..................... 492 4,812 4,812
Cash dividends ($0.12 per share) .......... (17,392) (17,392)
Other comprehensive income, net of income
tax:
Foreign currency translation adjustments . . . 160 160
Purchase of treasury stock, at cost . . . ...... (2,681) (79,998) (79,998)
Net income . . . ..................... 157,453 157,453
BALANCE AT JANUARY 30, 2005 . ...... 149,517 (4,087) 15 904,330 182,959 1,618 (114,975) 973,947
Stock options and employee stock purchase
plan compensation cost . . . ........... 12,564 12,564
Tax benefit from tax deductions in excess of
the compensation cost recognized . . ...... 10,856 10,856
Issuance of common stock under stock
incentive plans .................... 2,773 33,058 33,058
Issuance of restricted stock and compensation
cost, net of award reacquisitions and
adjustments . ..................... 734 9,856 9,856
Cash dividends ($0.12 per share) .......... (17,007) (17,007)
Other comprehensive income, net of income
tax:
Foreign currency translation adjustments . . . (12) (12)
Purchase of treasury stock, at cost . . . ...... (9,940) (265,002) (265,002)
Net income . . . ..................... 182,490 182,490
BALANCE AT JANUARY 29, 2006 . ...... 153,024 (14,027) $15 $970,664 $348,442 $ 1,606 $(379,977) $ 940,750
The accompanying notes are an integral part of these consolidated financial statements.
F-5