American Home Shield 2004 Annual Report Download - page 40

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38 ServiceMaster 2004 annual report
Additional Accumulated
Common Paid-in Retained Comprehensive Restricted Treasury Total
(In thousands) Stock Capital Earnings Income (Loss) Stock Stock Equity
Balance December 31, 2001 $ 3,145 $ 1,039,228 $ 322,103 $ (2,496) $ (581) $ (154,212) $ 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
Shareholders’ dividends (123,204) (123,204)
Shares issued under options, grant plans,
and other (2,706 shares) 15 15,044 (1,407) 14,482 28,134
Treasury shares purchased (4,985 shares) (52,058) (52,058)
Balance December 31, 2002 $ 3,160 $ 1,054,272 $ 355,893 $ (849) $ (1,988) $ (191,788) $ 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)
Shareholders’ dividends (124,841) (124,841)
Shares issued under options, grant plans,
and other (2,700 shares) 13 7,368 (2,380) 19,144 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 $ (4,368) $ (258,225) $ 816,517
Net income 2004 331,227 331,227
Other comprehensive income, net of tax:
Net unrealized gain on securities,
net of reclassification adjustment (1) 826 826
Foreign currency translation 2,046 2,046
Total comprehensive income 331,227 2,872 334,099
Shareholders’ dividends (125,476) (125,476)
Shares issued under options, grant plans,
and other (2,711 shares) 13 21,273 (8,489) 13,937 26,734
Treasury shares purchased (5,353 shares) (63,814) (63,814)
Shares issued for acquisitions (297 shares) 144 3,331 3,475
Balance December 31, 2004 $ 3,186 $ 1,083,057 $ 212,116 $ 10,804 $(12,857) $ (304,771) $ 991,535
(1) Disclosure of reclassification amounts (net of tax) relating to comprehensive income:
2004 2003 2002
Unrealized holding gains (losses) arising in period $ 4,647 $ 9,335 $ (4,745)
Less: (Gains) losses realized (3,821) (2,313) 876
Net unrealized gains (losses) on securities $ 826 $ 7,022 $ (3,869)
See accompanying Notes to the Consolidated Financial Statements.
consolidated statements of shareholders’ equity