ADP 2004 Annual Report Download - page 34

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32
Automatic Data Processing, Inc. and Subsidiaries
Statements of Consolidated Stockholders’ Equity
(In thousands, except per share amounts)
Accumulated
Common Stock Capital in Other
Excess of Retained Treasury Comprehensive Comprehensive
Shares Amount Par Value Earnings Stock Income Income (Loss)
Balance at June 30, 2001 638,702 $63,870 $553,927 $5,153,408 $ (837,244) $(232,964)
Net earnings — — — 1,100,770 — $1,100,770 —
Currency translation adjustments 73,504 73,504
Unrealized net gain on securities, net of tax 41,147 41,147
Comprehensive income $ 1,215,421
Employee stock plans and related tax benefits — — (197,083) — 515,729
Treasury stock acquired (17,412 shares) — — — — (875,449)
Acquisitions (226 shares) — — (423) — 12,848
Debt conversion (705 shares) — — (23,050) — 42,075
Dividends ($.4475 per share) — — — (276,860) —
Balance at June 30, 2002 638,702 63,870 333,371 5,977,318 (1,142,041) (118,313)
Net earnings — — — 1,018,150 — $1,018,150 —
Currency translation adjustments 174,046 174,046
Unrealized net gain on securities, net of tax 108,562 108,562
Minimum pension liability
adjustment, net of tax (5,476) (5,476)
Comprehensive income $ 1,295,282
Employee stock plans and related tax benefits — — (103,593) — 268,938
Treasury stock acquired (27,413 shares) — — — — (938,545)
Acquisitions (294 shares) — — (3,056) — 14,883
Debt conversion (462 shares) — — (15,383) — 23,347
Dividends ($.4750 per share) — — — (284,605) —
Balance at June 30, 2003 638,702 63,870 211,339 6,710,863 (1,773,418) 158,819
Net earnings — — — 935,570 — $ 935,570 —
Currency translation adjustments 17,127 17,127
Unrealized net loss on securities, net of tax (196,351) (196,351)
Minimum pension liability
adjustment, net of tax 895 895
Comprehensive income $ 757,241
Employee stock plans and related tax benefits — — (124,950) — 371,737
Treasury stock acquired (15,794 shares) — — — — (648,889)
Acquisitions (12 shares) — — 3 — 502
Debt conversion (373 shares) — — (6,746) — 16,814
Dividends ($.5400 per share) — — — (319,515) —
Balance at June 30, 2004 638,702 $63,870 $ 79,646 $7,326,918 $(2,033,254) $ (19,510)
See notes to consolidated financial statements.