Urban Outfitters 2009 Annual Report Download - page 53

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URBAN OUTFITTERS, INC.
Consolidated Statements of Shareholders’ Equity
(in thousands, except share data)
Compre-
hensive
Income
Common Shares Additional
Paid-in
Capital
Unearned
Compen-
sation
Retained
Earnings
Accumulated
Other
Compre-
hensive
Income
(Loss) Total
Number of
Shares
Par
Value
Balances as of February 1,
2006 .................... 164,831,477 $ 16 $138,050 $(3,905) $426,190 $ 528 $ 560,880
Net income ................ $116,206 — — — — 116,206 — 116,206
Foreign currency translation . . . 3,614 — — — — — 3,614 3,614
Unrealized gains on marketable
securities, net of tax ........ 142 — — — — — 142 142
Comprehensive income ....... $119,962
Share-based compensation .... — — 3,497 — — — 3,497
Unearned compensation
reclass .................. — — (3,905) 3,905 — — —
Exercise of stock options ...... 1,375,986 1 6,350 — — — 6,351
Tax effect of share exercises . . . — — 5,394 — — — 5,394
Share Repurchase ........... (1,220,000) — (20,801) — — — (20,801)
Balances as of January 31,
2007 .................... 164,987,463 17 128,586 — 542,396 4,284 675,283
Net income ................ $160,231 — — — — 160,231 — 160,231
Foreign currency translation . . . 703 — — — — — 703 703
FIN48 adjustment ........... — — — — — (652) — (652)
Unrealized gains on marketable
securities, net of tax ........ 2,248 — — — — — 2,248 2,248
Comprehensive income ....... $163,182
Share-based compensation .... — — 3,277 — — — 3,277
Exercise of stock options ...... 1,117,152 — 5,000 — — — 5,000
Tax effect of share exercises . . . — — 7,341 — — — 7,341
Balances as of January 31,
2008 .................... 166,104,615 17 144,204 — 701,975 7,235 853,431
Net income ................ $199,364 — — — — 199,364 — 199,364
Foreign currency translation . . . (19,866) — — — — — (19,866) (19,866)
Unrealized losses on marketable
securities, net of tax ........ (5,116) — — — — — (5,116) (5,116)
Comprehensive income ....... $174,382
Share-based compensation .... — — 3,637 — — — 3,637
Exercise of stock options ...... 1,607,473 — 8,891 — — — 8,891
Tax effect of share exercises . . . — — 13,434 — — — 13,434
Balances as of January 31,
2009 .................... 167,712,088 $ 17 $170,166 $ — $901,339 $(17,747) $1,053,775
The accompanying notes are an integral part of these consolidated financial statements.
F-5