SkyWest Airlines 2003 Annual Report Download - page 35

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SKYWEST, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(In thousands, except per share amounts)
Common Stock Treasury Stock Accumulated Other
Retained Comprehensive
Shares
Amount Earnings Shares Amount Loss Total
Balance at December 31, 2000 61,686 $ 294,187 $ 212,026 (5,898) $ (20,285) $ (975) $ 484,953
Comprehensive income:
Net income - - 50,516 - - - 50,516
Net unrealized depreciation on marketable
securities net of tax of $393 - - - - - (615) (615)
Total comprehensive income - - - - - - 49,901
Exercise of common stock options 875 6,750 - - - - 6,750
Sale of common stock under employee stock
purchase plan 163 3,170 - - - - 3,170
Tax benefit from exercise of common stock
options - 5,584 - - - - 5,584
Cash dividends declared ($0.08 per share) - - (4,518) - - - (4,518)
Balance at December 31, 2001 62,724 309,691 258,024 (5,898) (20,285) (1,590) 545,840
Comprehensive income:
Net income - - 86,866 - - - 86,866
Net unrealized appreciation on marketable
securities net of tax of $107 - - - - - 168 168
Total comprehensive income - - - - - - 87,034
Exercise of common stock options 397 4,438 - - - - 4,438
Sale of common stock under employee stock
purchase plan 214 4,431 - - - - 4,431
Tax benefit from exercise of common stock
options - 1,525 - - - - 1,525
Cash dividends declared ($0.08 per share) - - (4,582) - - - (4,582)
Balance at December 31, 2002 63,335 320,085 340,308 (5,898) (20,285) (1,422) 638,686
Comprehensive income:
Net income - - 66,787 - - - 66,787
Net unrealized appreciation on marketable
securities net of tax of $813 - - - - - 1,273 1,273
Total comprehensive income - - - - - - 68,060
Exercise of common stock options 24 309 - - - - 309
Sale of common stock under employee stock
purchase plan 533 6,505 - - - - 6,505
Tax benefit from exercise of common stock
options - 129 - - - - 129
Cash dividends declared ($0.08 per share) - - (4,626) - - - (4,626)
Balance at December 31, 2003 63,892 $ 327,028 $ 402,469 (5,898) $ (20,285) $ (149) $ 709,063
See accompanying notes to consolidated financial statements.
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