American Home Shield 2006 Annual Report Download - page 44

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Consolidated Statements of Shareholders' Equity
(In thousands)
Common
Stock
Additional
Paid-in
Capital Retained
Earnings
Accumulated
Comprehensive
Income (Loss) Restricted
Stock Treasury
Stock Total
Equity
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
Net income 2005 198,925 198,925
Other comprehensive income, net of tax:
Net unrealized loss on securities, net of reclassification adjustment (1) (2,188) (2,188)
Foreign currency translation (1,419) (1,419)
Total comprehensive income (loss) 198,925 (3,607) 195,318
Shareholders' dividends (128,048) (128,048)
Shares issued under options, grant plans, and other (4,076 shares) 27 34,277 (1,581) 13,516 46,239
Treasury shares purchased (3,791 shares) (51,595) (51,595)
Shares issued for acquisitions (88 shares) 54 1,137 1,191
Balance December 31, 2005 $ 3,213 $1,117,388 $ 282,993 $ 7,197 $ (14,438)$(341,713)$1,054,640
(1) Disclosure of reclassification amounts (net of tax) relating to comprehensive income:
2005 2004 2003
Unrealized holding gains arising in period $ 2,749 $ 4,647 $ 9,335
Less: Gains realized (4,937) (3,821) (2,313)
Net unrealized gains (losses) on securities $ (2,188) $ 826 $ 7,022
See accompanying Notes to the Consolidated Financial Statements.
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