Callaway 2002 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2002 Callaway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 82

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82

40 CALLAWAY GOLF COMPANY
Callaw ay Golf Co m pany
Cons o lid a ted Stat e m ents o f Share h olders’ Eq u it y and Com p rehens iv e In com e
Common Stock Additional Unearned
(In thousands) Shares Amount Paid-in Capital Compensation
Balan ce , De ce mbe r 31, 1999 76,302 $ 763 $ 307,329 $ (2,784)
Exercise of stock options 2,252 23 23,932 —
Tax benefit from exercise of stock options — — 6,806 —
Cancellation of Restricted Common Stock (7) — (217) 217
Acquisition of Treasury Stock — — — —
Compensatory stock and stock options — — 804 1,353
Employee stock purchase plan 412 4 4,274 —
Cash dividends — — — —
Dividends on shares held by Grantor Stock Trust — — — —
Adjustment of Grantor Stock Trust shares to market value — — 4,969 —
Equity adjustment from foreign currency translation — — — —
Unrealized loss on cash flow hedges, net of tax — — — —
Other — — (132) —
Net income — — — —
Balan ce , De ce mbe r 31, 2000 78,959 $ 790 $ 347,765 $ (1,214)
Exercise of stock options 3,484 34 42,621 —
Tax benefit from exercise of stock options — — 14,520 —
Cancellation of Restricted Common Stock (32) — (992) 992
Acquisition of Treasury Stock — — — —
Compensatory stock and stock options — — 331 11
Employee stock purchase plan 283 3 2,244 —
Shares issued for intangible assets — — (129) —
Cash dividends — — — —
Dividends on shares held by Grantor Stock Trust — — — —
Addition to Grantor Stock Trust — — (9,717) —
Adjustment of Grantor Stock Trust shares to market value — — 22,898 —
Equity adjustment from foreign currency translation — — — —
Unrealized gain on cash flow hedges, net of tax — — — —
Net income — — — —
Balan ce , De ce mbe r 31, 2001 82,694 $ 827 $ 419,541 $ (211)
Exercise of stock options 879 9 10,067 —
Tax benefit from exercise of stock options — — 5,479 —
Acquisition of Treasury Stock — — — —
Compensatory stock and stock options — — 118 196
Employee stock purchase plan 4 — (2,590) —
Cash dividends — — — —
Dividends on shares held by Grantor Stock Trust — — — —
Adjustment of Grantor Stock Trust shares to market value — — (61,119) —
Equity adjustment from foreign currency translation — — — —
Unrealized loss on cash flow hedges, net of tax — — — —
Unrealized loss on marketable securities, net of tax — — — —
Net income — — — —
Balan ce , De ce mbe r 31, 2002 83,577 $ 836 $ 371,496 $ (15)
The accompanying notes are an integral part of these financial statements.