Atmos Energy 1998 Annual Report Download - page 30

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ATMOS ENERGY CORPORATION
26
Common stock
Number Stated Additional Retained
of shares value
paid-in capital
earnings
(In thousands, except share data)
Balance, September 30, 1995. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,246,392 $141 $230,630 $73,578
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - 41,151
Cash dividends ($.98 per share). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - (28,478)
Common stock issued:
Restricted stock grant plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41,700 1 733 -
Direct stock purchase plans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 251,224 1 4,322 -
ESOP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161,477 1 3,641 -
Long-term stock plan for
United Cities Division . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,900 - 241 -
Outside directors stock-for-fee plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,389 - 76 -
Monarch Gas Co. acquisition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207,366 1 1,499 933
Oceana Heights acquisition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 313,411 1 304 594
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - 212 -
Balance, September 30, 1996. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,241,859 146 241,658 87,778
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - 23,838
Cash dividends ($1.01 per share) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - (26,415)
Common stock issued:
Restricted stock grant plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000 1 2,443 -
Direct stock purchase plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85,243 - 1,888 -
Outside directors stock-for-fee plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,008 - 72 -
ESOP/401(k) plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 212,327 1 5,113 -
Less: UCGC net income for the quarter ended December 31, 1996 . . . . . - - - (9,263)
Balance, September 30, 1997 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,642,437 148 251,174 75,938
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - 55,265
Cash dividends ($1.06 per share) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - - (31,834)
Common stock issued:
Restricted stock grant plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114,250 1 2,898 -
Direct stock purchase plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 531,353 3 14,482 -
ESOP/401(k) plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,473 - 1,485 -
Long-term stock plan for
United Cities Division . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55,500 - 1,533 -
Outside directors
stock-for-fee plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,306 - 65 -
Balance, September 30, 1998 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,398,319 $152 $271,637 $99,369
See accompanying notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY