Ace Hardware 2005 Annual Report Download - page 34

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9
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
2005 ANNUAL REPORT A REVIEW OF ACE’S STRONG RESULTS
The transactions affecting capital stock and other member retailers’ equity accounts in 2003, 2004 and 2005 are presented below:
Class C
Stock Accumulated
Issuable to Other
Retailers for Additional Comprehensive
Capital Stock Patronage Stock Retained Contributed Income Treasury
Class A Class B Class C Dividends Subscribed Deficit Capital (loss) Stock
(In thousands)
Balance at December 28, 2002 .......... $ 3,617 $ 6,499 $ 269,612 $ 26,053 $ 243 $ (31,080) $ 13,485 $ 703 $ (9,110)
Net earnings .................................. — — — — — 100,747 — — —
Net payments on subscriptions ..... — — — — 1,211 — — — —
Patronage financing deductions .... — — — (1,222) — — — — —
Stock issued ................................... 120 — 25,981 (24,831) (1,270) — — — —
Stock repurchased ......................... — — — — — — — — (13,987)
Stock retired .................................. (282) — (13,481) — — — — — 13,763
Patronage dividends issuable ......... — — — 27,975 — — — — —
Patronage dividends payable ......... — — — — — (102,008) — — —
Accumulated other
comprehensive income ............. — — — — — — — 393 —
Balance at January 3, 2004 ................ $ 3,455 $ 6,499 $ 282,112 $ 27,975 $ 184 $ (32,341) $ 13,485 $ 1,096 $ (9,334)
Net earnings .................................. — — — — — 101,947 — — —
Net payments on subscriptions ..... — — — — 1,086 — — — —
Patronage financing deductions .... — — — (734) — — — — —
Stock issued ................................... 106 — 28,333 (27,241) (1,198) — — — —
Stock repurchased ......................... — — — — — — — — (19,547)
Stock retired .................................. (238) — (18,981) — — — — — 19,219
Patronage dividends issuable ......... — — — 27,717 — — — — —
Patronage dividends payable ......... — — — — — (100,348) — — —
Accumulated other
comprehensive loss .................... — — — — — — — (282) —
Balance at January 1, 2005 ................ $ 3,323 $ 6,499 $291,464 $ 27,717 $ 72 $(30,742) $ 13,485 $ 814 $ (9,662)
Net earnings .................................. — — — — — 100,419 — — —
Net payments on subscriptions ..... — — — — 941 — — — —
Patronage financing deductions .... — — — (1,072) — — — — —
Stock issued ................................... 145 — 27,303 (26,645) (803) — — — —
Stock repurchased ......................... — — — — — — — — (16,694)
Stock retired .................................. (242) — (16,228) — — — — — 16,470
Patronage dividends issuable ......... — — — 32,561 — — — — —
Patronage dividends payable ......... — — — — — (103,622) — — —
Accumulated other
comprehensive loss .................... — — — — — — — (593) —
Balance at December 31, 2005 ....... $ 3,226 $ 6,499 $302,539 $ 32,561 $ 210 $(33,945) $ 13,485 $ 221 $ (9,886)