Big Lots 2009 Annual Report Download - page 159

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BIG LOTS, INC. AND SUBSIDIARIES
Consolidated Statements of Shareholders’ Equity
(In thousands)
The accompanying notes are an integral part of these consolidated financial statements.
Common Treasury
Additional
Paid-In
Capital Retained Earnings
Accumulated
Other
Comprehensive
Income (Loss) TotalShares Amount Shares Amount
Balance — February 3, 2007 ............... 109,633 1,175 7,862 (124,182) 477,318 781,325 (5,933) 1,129,703
Net income.............................. — — — — — 158,461 — 158,461
Other comprehensive income
Amortization of pension,
net of tax of $(855) ................ — — — — — — 1,246 1,246
Valuation adjustment of pension,
net of tax of $1,245 ................ — — — — — — (1,814) (1,814)
Comprehensive income ............. — — — — — — — 157,893
Adoption of guidance under FASB ASC 740... — — — — — (2,215) — (2,215)
Purchases of common shares ............... (30,059) — 30,059 (714,911) — — — (714,911)
Exercise of stock options................... 2,742 — (2,742) 46,946 (11,023) — — 35,923
Restricted shares awarded.................. 286 — (286) 6,662 (6,662) — — —
Net tax benefit from share-based awards...... — — — — 19,821 — — 19,821
Sale of treasury shares used for
deferred compensation plan............. 80 — (80) 767 1,598 — — 2,365
Share-based employee
compensation expense ................. — — — — 9,907 — — 9,907
Balance — February 2, 2008 ............... 82,682 1,175 34,813 (784,718) 490,959 937,571 (6,501) 638,486
Net income.............................. — — — — — 151,547 — 151,547
Other comprehensive income
Amortization of pension,
net of tax of $(316) ................ — — — — — — 487 487
Valuation adjustment of pension,
net of tax of $6,102 ................ — — — — — — (9,331) (9,331)
Comprehensive income ............. — — — — — — — 142,703
Adoption of guidance under FASB ASC 715,
net of tax of $88 and $(26), respectively ... — — — — — (134) 40 (94)
Purchases of common shares ............... (2,170) — 2,170 (37,508) — — — (37,508)
Exercise of stock options................... 788 — (788) 17,530 (6,670) — — 10,860
Restricted shares awarded.................. 2 — (2) 40 (40) — — —
Net tax benefit from share-based awards...... — — — 4,590 — — 4,590
Sale of treasury shares used for
deferred compensation plan............. 13 — (13) 95 257 — — 352
Share-based employee
compensation expense ................. — — — — 15,456 — — 15,456
Balance — January 31, 2009................ 81,315 1,175 36,180 (804,561) 504,552 1,088,984 (15,305) 774,845
Net income.............................. — — — — — 200,369 — 200,369
Other comprehensive income
Amortization of pension,
net of tax of $(1,105) ............... — — — — — — 1,740 1,740
Valuation adjustment of pension,
net of tax of $(273) ................ — — — — — — 430 430
Comprehensive income ............. — — — — — — — 202,539
Purchases of common shares ............... (87) — 87 (1,849) — — — (1,849)
Exercise of stock options................... 362 — (362) 8,045 (3,114) — — 4,931
Restricted shares awarded.................. 328 — (328) 7,291 (7,291) — — —
Net tax benefit from share-based awards...... — — — 559 — — 559
Sale of treasury shares used for
deferred compensation plan............. 4 — (4) 32 80 — — 112
Share-based employee
compensation expense ................. — — — — 20,275 — — 20,275
Balance — January 30, 2010................ 81,922 $1,175 35,573 $(791,042) $515,061 $1,289,353 $(13,135) $1,001,412