Cracker Barrel 2010 Annual Report Download - page 42

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Consolidated Statement Of Changes In Shareholders’ Equity
(In thousands except share data)
CRACKER BARREL OLD COUNTRY STORE, INC.
Accumulated
Additional Other Total
Common Stock Paid-In Comprehensive Retained Shareholders’
Shares Amount Capital Loss Earnings Equity
Balances at August 3, 2007 23,674,175 $ 237 $ — $ (8,988) $ 112,874 $ 104,123
Comprehensive Income:
Net income — — — — 65,553 65,553
Change in fair value of interest rate swap,
net of tax benet of $7,273 (See Note 6) — — — (18,665) — (18,665)
Total comprehensive income — — — (18,665) 65,553 46,888
Cumulative eect of a change in accounting
principle for uncertain tax positions (Note 2) — — — — 2,898 2,898
Cash dividends declared – $.72 per share — — — — (16,504) (16,504)
Share-based compensation — — 8,491 — — 8,491
Exercise of share-based compensation awards 276,166 2 304 — — 306
Tax deciency realized upon exercise of
share-based compensation awards — — (1,071) — — (1,071)
Purchases and retirement of common stock (1,625,000) (16) (6,993) — (45,371) (52,380)
Balances at August 1, 2008 22,325,341 223 731 (27,653) 119,450 92,751
Comprehensive Income:
Net income — — — — 65,926 65,926
Change in fair value of interest rate swap,
net of tax benet of $4,445 (See Note 6) — — — (17,169) — (17,169)
Total comprehensive income — — — (17,169) 65,926 48,757
Cash dividends declared – $.80 per share — — — — (18,131) (18,131)
Share-based compensation — — 6,946 — — 6,946
Exercise of share-based compensation awards 397,344 4 4,358 — — 4,362
Tax benet realized upon exercise
of share-based compensation awards — — 937 — — 937
Balances at July 31, 2009 22,722,685 227 12,972 (44,822) 167,245 135,622
Comprehensive Income:
Net income — — — — 85,258 85,258
Change in fair value of interest rate swap,
net of tax benet of $1,022 (See Note 6) — — — (4,027) — (4,027)
Total comprehensive income — — — (4,027) 85,258 81,231
Cash dividends declared – $.80 per share — — — — (18,465) (18,465)
Share-based compensation — — 13,193 — — 13,193
Exercise of share-based compensation awards 1,362,096 14 37,446 — — 37,460
Tax benet realized upon exercise
of share-based compensation awards — — 5,063 — — 5,063
Purchases and retirement of common stock (1,352,000) (13) (62,474) — — (62,487)
Balances at July 30, 2010 22,732,781 $ 228 $ 6,200 $ (48,849) $ 234,038 $ 191,617
See Notes to Consolidated Financial Statements.
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