Toro 2014 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2014 Toro annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Accumulated
Other Total
Common Retained Comprehensive Stockholders’
(Dollars in thousands, except per share data) Stock Earnings Loss Equity
Balance as of October 31, 2011 $59,206 $ 214,387 $ (6,826) $ 266,767
Cash dividends paid on common stock $0.44 per share (26,230) (26,230)
Issuance of 1,664,835 shares under stock-based compensation plans 1,665 27,930 29,595
Contribution of stock to a deferred compensation trust 255 255
Purchase of 2,604,525 shares of common stock (2,605) (90,790) (93,395)
Excess tax benefits from stock-based awards 9,017 9,017
Other comprehensive loss (3,148) (3,148)
Net earnings 129,541 129,541
Balance as of October 31, 2012 $58,266 $ 264,110 $ (9,974) $ 312,402
Cash dividends paid on common stock $0.56 per share (32,499) (32,499)
Issuance of 669,426 shares under stock-based compensation plans 670 17,904 18,574
Contribution of stock to a deferred compensation trust 1,466 1,466
Purchase of 2,147,185 shares of common stock (2,147) (97,441) (99,588)
Excess tax benefits from stock-based awards 6,134 6,134
Other comprehensive loss (2,596) (2,596)
Net earnings 154,845 154,845
Balance as of October 31, 2013 $56,789 $ 314,519 $(12,570) $ 358,738
Cash dividends paid on common stock – $0.80 per share (45,048) (45,048)
Issuance of 532,692 shares under stock-based compensation plans 533 16,270 16,803
Contribution of stock to a deferred compensation trust 1,681 1,681
Purchase of 1,644,230 shares of common stock (1,644) (101,395) (103,039)
Excess tax benefits from stock-based awards 8,857 8,857
Other comprehensive loss (3,135) (3,135)
Net earnings 173,870 173,870
Balance as of October 31, 2014 $55,678 $ 368,754 $(15,705) $ 408,727
The financial statements should be read in conjunction with the Notes to Consolidated Financial Statements.
49