Petsmart 2007 Annual Report Download - page 55

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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
Other
Comprehensive
Income
(Loss)
Treasury
Stock Total
Shares
(In thousands, except per share data)
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
Net tax benefits 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
Dividends declared ($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
Stock options and employee stock purchase plan
compensation cost . . ................ 9,936 9,936
Net tax benefits from tax deductions in excess
of the compensation cost recognized . ...... 5,989 5,989
Issuance of common stock under stock incentive
plans . .......................... 2,172 1 28,625 28,626
Issuance of restricted stock and compensation
cost, net of award reacquisitions and
adjustments . . ..................... 586 9,416 9,416
Dividends declared ($0.12 per share) . . ...... (16,550) (16,550)
Other comprehensive income, net of income tax:
Foreign currency translation adjustments . . . . (478) (478)
Purchase of treasury stock, at cost .......... (6,286) (161,864) (161,864)
Net income......................... 185,069 185,069
BALANCE AT JANUARY 28, 2007 . . ...... 155,782 (20,313) 16 1,024,630 516,961 1,128 (541,841) 1,000,894
Cumulative effect of FIN No. 48 adoption . . . . (1,164) (1,164)
Stock options and employee stock purchase plan
compensation cost . . ................ 5,137 5,137
Net tax benefits from tax deductions in excess
of the compensation cost recognized . ...... 9,921 9,921
Issuance of common stock under stock incentive
plans . .......................... 2,031 31,576 31,576
Issuance of restricted stock and compensation
cost, net of award reacquisitions and
adjustments . . ..................... 291 7,926 7,926
Dividends declared ($0.12 per share) . . ...... (15,807) (15,807)
Other comprehensive income, net of income tax:
Foreign currency translation adjustments . . . . 4,457 4,457
Purchase of treasury stock, at cost .......... (9,753) (315,027) (315,027)
Net income......................... 258,684 258,684
BALANCE AT FEBRUARY 3, 2008 . . ...... 158,104 (30,066) $16 $1,079,190 $758,674 $5,585 $(856,868) $ 986,597
The accompanying notes are an integral part of these consolidated financial statements.
F-5