American Home Shield 2003 Annual Report Download - page 40

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38    ServiceMaster
Additional Accumulated
Common Paid-in Retained Comprehensive Treasury Restricted Total
(In thousands) Stock Capital Earnings Income (Loss) Stock Stock Equity
Balance December 31, 2000 $ 3,137 $1,032,287 $ 324,727 $ (9,277) $(168,494) $ (1,829) $ 1,180,551
Net income 2001 116,384 116,384
Other comprehensive income,
net of tax:
Net unrealized (loss) on securities,
net of reclassification adjustment(1) (4,359) (4,359)
Foreign currency translation 11,140 11,140
Total comprehensive income 116,384 6,781 123,165
Shareholder dividends (119,008) (119,008)
Shares issued under options
debentures, grant plans and
other (2,142 shares) 8 6,941 15,590 1,248 23,787
Treasury shares purchased
(124 shares) (1,308) (1,308)
Balance December 31, 2001 $ 3,145 $1,039,228 $ 322,103 $ (2,496) $(154,212) $ (581) $ 1,207,187
Net income 2002 156,994 156,994
Other comprehensive income,
net of tax:
Net unrealized (loss) on securities,
net of reclassification adjustment(1) (3,869) (3,869)
Foreign currency translation 5,516 5,516
Total comprehensive income 156,994 1,647 158,641
Shareholder dividends (123,204) (123,204)
Shares issued under options,
debentures, grant plans and
other (2,706 shares) 15 15,044 14,482 (1,407) 28,134
Treasury shares purchased
(4,985 shares) (52,058) (52,058)
Balance December 31, 2002 $ 3,160 $1,054,272 $ 355,893 $ (849) $(191,788) $ (1,988) $ 1,218,700
Net loss 2003 (224,687) (224,687)
Other comprehensive income,
net of tax:
Net unrealized gain on securities,
net of reclassification adjustment(1) 7,022 7,022
Foreign currency translation 1,759 1,759
Total comprehensive income (loss) (224,687) 8,781 (215,906)
Shareholder dividends (124,841) (124,841)
Shares issued under options,
debentures, grant plans and
other (2,700 shares) 13 7,368 19,144 (2,380) 24,145
Treasury shares purchased
(8,084 shares) (85,581) (85,581)
Balance December 31, 2003 $ 3,173 $1,061,640 $ 6,365 $ 7,932 $(258,225) $(4,368) $ 816,517
(1) Disclosure of reclassification amounts (net of tax) relating to comprehensive income:
2003 2002 2001
Unrealized holding gains (losses) arising in period $ 9,335 $ (4,745) $ (1,219)
Less: (Gains) losses realized (2,313) 876 (3,140)
Net unrealized gains (losses) on securities $ 7,022 $ (3,869) $ (4,359)
See accompanying Notes to the Consolidated Financial Statements.
Consolidated Statements of Shareholders’Equity