Red Lobster 2012 Annual Report Download - page 41

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Darden Restaurants, Inc. 2012 Annual Report 37
Consolidated Statements of Changes in Stockholders’ Equity
Darden
Common Accumulated
Stock Other Officer Total
and Retained Treasury Comprehensive Unearned Notes Stockholders’
(in millions, except per share data) Surplus Earnings Stock Income (Loss) Compensation Receivable Equity
Balances at May 31, 2009 $2,183.1 $2,357.4 $(2,864.2) $ (57.2) $(13.0) $ (0.1) $1,606.0
Net earnings — 404.5 — — — — 404.5
Other comprehensive income — — — (13.9) — — (13.9)
Cash dividends declared ($1.00 per share) — (140.0) — — — — (140.0)
Stock option exercises (2.9 shares) 55.0 — 4.3 — — — 59.3
Stock-based compensation 33.6 — — — — — 33.6
ESOP note receivable repayments — — — — 1.8 — 1.8
Income tax benefits credited to equity 20.1 — — — — — 20.1
Purchases of common stock for treasury (2.0 shares) — — (85.1) — — — (85.1)
Issuance of treasury stock under Employee Stock Purchase Plan
and other plans (0.3 shares) 6.1 — 1.5 — — — 7.6
Repayment of officer notes — — — — — 0.1 0.1
Balances at May 30, 2010 $2,297.9 $2,621.9 $(2,943.5) $ (71.1) $(11.2) $ — $1,894.0
Net earnings — 476.3 — — — — 476.3
Other comprehensive income — — — 11.3 — — 11.3
Cash dividends declared ($1.28 per share) — (176.3) — — — — (176.3)
Stock option exercises (2.3 shares) 53.1 — 2.6 — — — 55.7
Stock-based compensation 33.9 — — — — — 33.9
ESOP note receivable repayments — — — — 1.8 — 1.8
Income tax benefits credited to equity 17.7 — — — — — 17.7
Purchases of common stock for treasury (8.6 shares) — — (385.5) — — — (385.5)
Issuance of treasury stock under Employee Stock Purchase Plan
and other plans (0.2 shares) 6.2 — 1.1 — — — 7.3
Balances at May 29, 2011 $2,408.8 $2,921.9 $(3,325.3) $ (59.8) $ (9.4) $ — $1,936.2
Net earnings — 475.5 — — — — 475.5
Other comprehensive income — — — (86.8) — — (86.8)
Cash dividends declared ($1.72 per share) — (224.6) — — — — (224.6)
Stock option exercises (2.2 shares) 59.4 — 3.5 — — — 62.9
Stock-based compensation 26.5 — — — — — 26.5
ESOP note receivable repayments — — — — 2.1 — 2.1
Income tax benefits credited to equity 17.9 — — — — — 17.9
Purchases of common stock for treasury (8.2 shares) — — (375.1) — — — (375.1)
Issuance of treasury stock under Employee Stock Purchase Plan
and other plans (0.2 shares) 6.2 — 1.1 — 0.1 — 7.4
Balances at May 27, 2012 $2,518.8 $3,172.8 $(3,695.8) $(146.6) $ (7.2) $ — $1,842.0
See accompanying notes to consolidated financial statements.