Western Digital 1995 Annual Report Download - page 19

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   Consolidated Statements of Shareholders’ Equity  .
Retained
Additional Earnings Total
Three years ended July 1, 1995 Common Stock Paid-in (Accumulated Treasury Shareholders’
(in thousands) Shares Amount Capital Deficit) Stock Equity
Balance at June 30, 1992 29,212 $2,921 $157,090 $(47,754) $ — $112,257
Exercise of stock options 376 38 1,373 1,411
Common stock offering, net (Note 7) 5,750 575 41,815 42,390
Net loss (25,108) (25,108)
Balance at June 30, 1993 35,338 3,534 200,278 (72,862) — 130,950
Exercise of stock options 1,838 184 7,324 7,508
Common stock offering, net (Note 7) 7,619 762 72,531 73,293
Common stock issued upon conversion
of debentures 24 2 352 354
Common stock issued in settlement of
shareholder lawsuit 76 8 1,031 1,039
Income tax benefit from stock
options exercised (Note 6) 1,959 1,959
Net income 73,136 73,136
Balance at June 30, 1994 44,895 4,490 283,475 274 — 288,239
Exercise of stock options 1,076 107 5,583 5,690
ESPP shares issued (Note 7) 484 48 5,557 5,605
Common stock issued upon
conversion of debentures (Note 4) 4,027 403 56,987 57,390
Income tax benefit from stock
options exercised (Note 6) 4,022 4,022
Purchase of treasury stock (Note 7) (10,822) (10,822)
Net income 123,302 123,302
Balance at July 1, 1995 50,482 $5,048 $355,624 $123,576 $(10,822) $473,426
The accompanying notes are an integral part of these financial statements.