EMC 2002 Annual Report Download - page 46

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Table of Contents
EMC CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(in thousands)
Common Stock Additional
Paid-in
Capital
Deferred
Compen-
sation
Retained Earnings
Other
Compre-
hensive Loss
Treasury Stock Stock-
holders' Equity
Shares Par Value Shares Cost
Balance, January 1, 2000 2,078,550 $ 20,786 $1,695,994 $ (30,282) $ 3,299,821 $ (34,533) — $ — $ 4,951,786
Stock issued through stock option and
stock purchase plans 27,083 270 233,787 — — — — — 234,057
Tax benefit from stock options exercised — — 207,694 — — — — — 207,694
Grant of stock options — — 55,919 (55,919) — — — — —
Issuance of common stock pursuant to conversion of notes 86,361 864 664,533 — — — — — 665,397
Amortization of deferred compensation — — — 27,027 — — — — 27,027
Reversal of deferred compensation due to employee terminations — — (9,649) 9,649 — — — — —
Pooling of interests acquisitions 3,495 35 7,930 — (9,296) — — — (1,331)
Purchase acquisitions — — 11,372 — — — — — 11,372
Sale of subsidiary's stock — — 270,481 — — — — — 270,481
Change in market value of investments — — — — — 37,020 — — 37,020
Change in market value of derivatives — — — — — (4,209) — — (4,209)
Translation adjustment — — — — — (4,160) — — (4,160)
Net income — — — — 1,782,075 — — — 1,782,075
Balance, December 31, 2000 2,195,489 21,955 3,138,061 (49,525) 5,072,600 (5,882) — — 8,177,209
Stock issued through stock option and
stock purchase plans 25,953 259 170,025 — — — — — 170,284
Tax benefit from stock options exercised — — 137,901 — — — — — 137,901
Grant of stock options — — 29,282 (29,282) — — — — —
Purchase of treasury stock — — — — — — (1,060) (18,258) (18,258)
Amortization of deferred compensation — — — 19,514 — — — — 19,514
Reversal of deferred compensation due to employee terminations — — (5,994) 5,994 — — — — —
Purchase acquisitions — — 1,050 — — — — — 1,050
McData spin-off — — — 24,090 (376,133) — — — (352,043)
Change in market value of investments — — — — — 16,142 — — 16,142
Change in market value of derivatives — — — — — 3,077 — — 3,077
Minimum pension liability — — — — — (42,194) — — (42,194)
Translation adjustment — — — — — (4,150) — — (4,150)
Net loss — — — — (507,712) — — — (507,712)
Balance, December 31, 2001 2,221,442 22,214 3,470,325 (29,209) 4,188,755 (33,007) (1,060) (18,258) 7,600,820
Stock issued through stock option and
stock purchase plans 14,488 145 80,779 — — — — 80,924
Tax benefit from stock options exercised — — 34,291 — — — — — 34,291
Purchase of treasury stock — — — — — — (49,495) (363,923) (363,923)
Amortization of deferred compensation — — — 13,077 — — — — 13,077
Reversal of deferred compensation due to employee terminations — — (5,370) 5,370 — — — — —
Change in market value of investments — — — — — 16,640 — — 16,640
Change in market value of derivatives — — — — — (80) — — (80)
Minimum pension liability — — — — — (47,606) — — (47,606)
Translation adjustment — — — — — 10,565 — — 10,565
Net loss — — — — (118,706) — — — (118,706)
Balance, December 31, 2002 2,235,930 $ 22,359 $3,580,025 $ (10,762) $ 4,070,049 $ (53,488) (50,555) $(382,181) $ 7,226,002
The accompanying notes are an integral part of the consolidated financial statements.
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