Cracker Barrel 2006 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2006 Cracker Barrel 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 72

  • 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

CBRL GROUP, INC.
50
Consolidated Statement of Changes in Shareholders’ Equity
(In thousands except per share data)
Accumulated
Additional Other Total
Common Stock Paid-In Comprehensive Retained Shareholders’
Shares Amount Capital (Loss) Earnings Equity
Balances at August 1, 2003 47,872,542 $ 479 — — $788,883 $ 789,362
Cash dividends declared – $.44 per share — — — — (21,556) (21,556)
Share-based compensation — — $ 116 — — 116
Exercise of stock awards 2,666,126 27 50,067 — — 50,094
Tax benefit realized upon exercise
of stock options — — 12,641 — — 12,641
Purchases and retirement of common stock (1,769,300) (18) (48,842) — (20,346) (69,206)
Net income — — — — 111,885 111,885
Balances at July 30, 2004 48,769,368 488 13,982 — 858,866 873,336
Cash dividends declared – $.48 per share — — — — (22,991) (22,991)
Share-based compensation — — 1,261 — — 1,261
Exercise of stock awards 1,921,354 19 38,061 — — 38,080
Tax benefit realized upon exercise
of stock options — — 12,990 — — 12,990
Purchases and retirement of common stock (4,070,919) (41) (66,294) — (92,993) (159,328)
Net income — — — — 126,640 126,640
Balances at July 29, 2005 46,619,803 466 — — 869,522 869,988
Comprehensive Income:
Net income — — — — 116,291 116,291
Change in fair value of interest rate
swap, net of tax benefit of $2,691
(See Notes 2 and 6.) — — — $(4,529) — (4,529)
Total comprehensive income — — — (4,529) 116,291 111,762
Cash dividends declared – $.52 per share — — — — (22,471) (22,471)
Share-based compensation — — 13,439 — — 13,439
Exercise of stock awards 1,057,103 11 27,272 — — 27,283
Tax benefit realized upon exercise
of stock options — — 6,441 — — 6,441
Purchases and retirement of common stock (16,750,000) (168) (42,895) — (661,097) (704,160)
Balances at July 28, 2006 30,926,906 309 4,257 $(4,529) 302,245 302,282
See Notes to Consolidated Financial Statements.