Harris Teeter 2008 Annual Report Download - page 37

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33
STATEMENTS OF CONSOLIDATED SHAREHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
RUDDICK CORPORATION AND SUBSIDIARIES
(dollars in thousands, except share and per share amounts)
Common Stock
Shares
(No Par Value) Common
Stock Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity Comprehensive
Income
Balance at October 2, 2005 . . . . . . . . . . . . . . 47,488,979 $70,558 $582,953 $(44,569) $608,942
Exercise of stock options, including tax
benefits of $914 .................... 313,814 5,597 — — 5,597
Directors’ stock plan . . . . . . . . . . . . . . . . . . . — 2 — — 2
Share-Based Compensation .............. 153,692 2,545 — — 2,545
Shares effectively purchased and
retired for withholding taxes . . . . . . . . . (3,591) (74) — — (74)
Shares purchased and retired ............. (395,000) (7,899) — — (7,899)
Net earnings .......................... — — 72,336 — 72,336 $ 72,336
Dividends ($0.44 a share) ................ — — (20,867) — (20,867)
Foreign currency translation adjustment
(net of $216 for tax) ................. — — — 1,301 1,301 1,301
Pension liability adjustment
(net of $5,668 for tax) . . . . . . . . . . . . . . . — — — 8,634 8,634 8,634
Balance at October 1, 2006 . . . . . . . . . . . . . . 47,557,894 70,729 634,422 (34,634) 670,517 $ 82,271
Exercise of stock options,
including tax benefits of $1,820 . . . . . . . 400,262 7,531 — — 7,531
Directors’ stock plan . . . . . . . . . . . . . . . . . . . — 1 — — 1
Share-Based Compensation .............. 184,365 3,853 — — 3,853
Shares effectively purchased and
retired for withholding taxes . . . . . . . . . (15,269) (437) — — (437)
Net earnings .......................... — — 80,688 — 80,688 $ 80,688
Dividends ($0. 44 a share) . . . . . . . . . . . . . . . — — (21,118) — (21,118)
Foreign currency translation adjustment (net
of $298 for tax) .................... — — — 3,617 3,617 3,617
Pension liability adjustment
(net of $10,774 for tax) ............... — — — 16,881 16,881 16,881
Impact of SFAS 158 Adoption
(net of tax benefit of $16,072) ......... — — — (24,923) (24,923) —
Balance at September 30, 2007 . . . . . . . . . . . 48,127,252 81,677 693,992 (39,059) 736,610 $101,186
Exercise of stock options, including tax
benefits of $1,917 ................... 233,158 5,276 — — 5,276
Directors’ stock plan . . . . . . . . . . . . . . . . . . . — (12) — — (12)
Share-Based Compensation .............. 196,494 5,376 — — 5,376
Shares effectively purchased and retired for
withholding taxes . . . . . . . . . . . . . . . . . . (29,168) (1,065) — — (1,065)
Shares purchased and retired ............. (249,600) (8,000) — — (8,000)
Net earnings .......................... — — 96,752 — 96,752 $ 96,752
Dividends ($0.48 a share) ................ — — (23,182) — (23,182)
Foreign currency translation adjustment (net
of $384 for tax) .................... — — — 1,079 1,079 1,079
Pension liability adjustment
(net of $6,988 for tax) . . . . . . . . . . . . . . . — — — 10,855 10,855 10,855
Postemployment benefits liability
adjustment (net of $95 for tax) . . . . . . . . — — — 146 146 146
Balance at September 28, 2008 . . . . . . . . . . . 48,278,136 $83,252 $767,562 $(26,979) $823,835 $108,832
See Notes to Consolidated Financial Statements