Equifax 2007 Annual Report Download - page 57

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EQUIFAX | 2007 ANNUAL REPORT 55
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
AND COMPREHENSIVE INCOME
Accumulated Stock
Common Stock Other Held By Total
Shares Paid-In Retained Comprehensive Treasury Employee Shareholders’
(In millions) Outstanding Amount Capital Earnings Loss Stock Benefi ts Trusts Equity
Balance, December 31, 2004 129.4 $227.5 $ 466.9 $1,298.8* $(267.0) $(1,133.4)* $(69.2) $ 523.6
Net income – – – 246.5 – – – 246.5
Other comprehensive income – – – – 109.2 – – 109.2
Shares issued under stock plans 3.2 4.0 61.2 – – – – 65.2
Shares issued under benefi ts plans 0.6 – – – – – 6.3 6.3
Treasury stock issued for an acquisition 0.4 – 4.0 – – 10.7 – 14.7
Other treasury stock purchases** (0.2) – – – – (7.9) – (7.9)
Treasury stock purchased under share
repurchase program ($34.45 per share) (4.2) – – – – (144.0) – (144.0)
Cash dividends ($0.15 per share) – – – (20.2) – – – (20.2)
Stock-based compensation expense – – 8.2 – – – – 8.2
Tax effects of stock-based compensation plans – – 18.1 – – – – 18.1
Dividends from employee benefi ts trusts – – 0.6 – – – – 0.6
Balance, December 31, 2005 129.2 $231.5 $ 559.0 $1,525.1 $(157.8) $(1,274.6) $(62.9) $ 820.3
Net income – – – 274.5 – – – 274.5
Other comprehensive income – – – – 36.3 – – 36.3
Adjustment to initially apply SFAS 158, net of tax – – – – (110.7) – – (110.7)
Shares issued under stock plans 1.0 1.2 19.0 – – – – 20.2
Shares issued under benefi ts plans 0.3 – 3.6 – – – 3.1 6.7
Treasury stock traded for option price – – 0.2 – – (1.1) – (0.9)
Treasury stock traded for minimum
tax withholdings – – (0.2) – – (2.5) – (2.7)
Treasury stock purchased under share
repurchase program ($35.64 per share)*** (6.0) – – – – (212.7) – (212.7)
Cash dividends ($0.16 per share) – – – (21.0) – – – (21.0)
Dividends paid to employee benefi ts trusts – – 0.7 – – – – 0.7
Stock-based compensation expense – – 17.4 – – – – 17.4
Tax effects of stock-based compensation plans – – 8.9 – – – – 8.9
Other 0.2 0.2 0.6 – – – 0.3 1.1
Balance, December 31, 2006 124.7 $232.9 $ 609.2 $1,778.6 $(232.2) $(1,490.9) $(59.5) $ 838.1
Net income – – – 272.7 – – – 272.7
Other comprehensive income – – – – 61.7 – – 61.7
Shares issued under stock plans 1.9 2.4 27.7 – – – – 30.1
Shares issued under benefi ts plans 0.4 0.3 1.2 – – – 1.8 3.3
Treasury stock traded for option price – – – – – (0.5) – (0.5)
Treasury stock exchanged for
minimum tax withholdings – – – – – (1.8) – (1.8)
Equity consideration issued for TALX acquisition 20.6 – 372.4 – – 532.9 – 905.3
Treasury stock purchased ($40.12 per share)*** (17.9) – – – – (718.7) – (718.7)
Cash dividends ($0.16 per share) – – – (21.3) – – – (21.3)
Reclassifi cation of director deferred compensation
plan from liabilities to shareholders’ equity
based on plan amendments – – 5.5 – – – – 5.5
Stock-based compensation expense – – 17.6 – – – – 17.6
Tax effects of stock-based compensation plans – – 6.6 – – – – 6.6
Dividends paid to employee benefi ts trusts – – 0.6 – – – – 0.6
Balance, December 31, 2007 129.7 $235.6 $1,040.8 $2,030.0 $(170.5) $(1,679.0) $(57.7) $1,399.2
* Does not total due to rounding.
** Represents treasury stock traded for minimum tax withholdings and common stock tendered by employees exercising stock options.
*** At December 31, 2007, $63.9 million was authorized for future repurchases of our common stock. On February 8, 2008, our Board of Directors amended the plan to
authorize the repurchase of an additional $250.0 million of our common stock.
See Notes to Consolidated Financial Statements.