E-Z-GO 2010 Annual Report Download - page 55

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43
Consolidated Statements of Shareholders’ Equity
(In millions, except per share data)
Preferred
Stock
Common
Stock
Capital
Surplus
Retained
Earnings
Treasury
Stock
Accumu-
lated
Other
Compre-
hensive
Loss
Total
Share-
holders’
Equity
Balance at December 29, 2007
$ 2
$ 32
$ 1,193
$2,766
$ (86)
$ (400)
$ 3,507
Net income
486
486
Other comprehensive income (loss):
Foreign currency translation adjustment
(195)
(195)
Deferred losses on hedge contracts
(73)
(73)
Pension adjustments
(803)
(803)
Reclassification due to sale of Fluid & Power
35
35
Other reclassification adjustments
14
14
Total other comprehensive income (loss)
(536)
Dividends declared ($0.92 per share)
(227)
(227)
Share-based compensation
50
50
Exercise of stock options
39
39
Purchases of common stock
(533)
(533)
Issuance of common stock for employee stock plans
(66)
119
53
Income tax impact of employee stock transactions
13
13
Balance at January 3, 2009
2
32
1,229
3,025
(500)
(1,422)
2,366
Net loss
(31)
(31)
Other comprehensive income (loss):
Foreign currency translation adjustment
23
23
Deferred gains on hedge contracts
67
67
Pension adjustments
(25)
(25)
Reclassification adjustments
21
21
Pension curtailment
15
15
Total other comprehensive income (loss)
70
Dividends declared ($0.08 per share)
(21)
(21)
Share-based compensation
30
30
Purchases of convertible note call options
(140)
(140)
Equity component of convertible debt issuance
134
134
Issuance of common stock and warrants
3
330
333
Issuance of common stock for employee stock plans
(210)
270
60
Redemption of preferred stock
(2)
1
(1)
Income tax impact of employee stock transactions
(5)
(5)
Balance at January 2, 2010
—
35
1,369
2,973
(230)
(1,321)
2,826
Net income
86
86
Other comprehensive income (loss):
Foreign currency translation adjustment
(2)
(2)
Deferred gains on hedge contracts
14
14
Pension adjustments
(112)
(112)
Recognition of currency translation loss (see Note 11)
74
74
Other reclassification adjustments
31
31
Total other comprehensive income (loss)
91
Dividends declared ($0.08 per share)
(22)
(22)
Share-based compensation
22
22
Exercise of stock options
7
7
Issuance of common stock for employee stock plans
(94)
145
51
Income tax impact of employee stock transactions
(3)
(3)
Balance at January 1, 2011
$ —
$ 35
$1,301
$3,037
$ (85)
$(1,316)
$2,972
See Notes to the Consolidated Financial Statements.