Cracker Barrel 2012 Annual Report Download - page 36

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Consolidated Statements Of Changes in Shareholders’ Equity
(In thousands except share data)
CRACKER BARREL OLD COUNTRY STORE, INC.
34
Accumulated
Additional Other Total
Common Stock Paid-In Comprehensive Retained Shareholders’
Shares Amount Capital Loss Earnings Equity
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
Comprehensive Income:
Net income — — — — 85,208 85,208
Change in fair value of interest rate swaps,
net of tax expense of $3,860 (See Note 6) — — — 10,817 — 10,817
Total comprehensive income — — — 10,817 85,208 96,025
Cash dividends declared – $.88 per share — — — — (20,489) (20,489)
Share-based compensation — — 9,796 — — 9,796
Exercise of share-based compensation awards 784,793 7 20,533 — — 20,540
Tax benet realized upon exercise of
share-based compensation awards — — 4,108 — — 4,108
Purchases and retirement of common stock (676,600) (7) (33,556) — — (33,563)
Balances at July 29, 2011 22,840,974 228 7,081 (38,032) 298,757 268,034
Comprehensive Income:
Net income — — — — 103,081 103,081
Change in fair value of interest rate swaps,
net of tax expense of $349 (See Note 6) — — — 16,874 — 16,874
Total comprehensive income — — — 16,874 103,081 119,955
Cash dividends declared - $.1.15 per share — — — — (26,915) (26,915)
Share-based compensation — — 14,420 — — 14,420
Exercise of share-based compensation awards 897,588 9 17,593 — — 17,602
Tax benet realized upon exercise
of share-based compensation awards — — 4,502 — — 4,502
Purchases and retirement of common stock (265,538) (3) (14,920) — — (14,923)
Balances at August 3, 2012 23,473,024 $ 234 $ 28,676 $ (21,158) $ 374,923 $ 382,675
See Notes to Consolidated Financial Statements.