Ingram Micro 1999 Annual Report Download - page 34

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3322
Ingram Micro
Annual Report
CONSOLIDATED STATEMENT OF
STOCKHOLDERS’ EQUITY
(Dollars in 000s)
Accumulated
Additional Other
Common Stock Paid In Retained Comprehensive Unearned
Class A Class B Capital Earnings Income (Loss) Compensation Total
December 28, 1996 $250 $1,066 $449,657 $372,801 $1,910 $(534) $825,150
Noncash compensation charge
related to stock options 6,876 6,876
Stock options exercised 31 6,546 6,577
Income tax benefit from
exercise of stock options 21,833 21,833
Conversion of Class B Common
Stock to Class A Common Stock 93 (93) —
Amortization of unearned
compensation 276 276
Comprehensive income (loss) 193,640 (16,146) 177,494
January 3, 1998 374 973 484,912 566,441 (14,236) (258) 1,038,206
Noncash compensation charge
related to stock options 4,392 4,392
Stock options exercised 50 36,337 36,387
Income tax benefit from
exercise of stock options 57,476 57,476
Vesting of Redeemable
Class B Common Stock 11 8,118 8,129
Conversion of Class B Common
Stock to Class A Common Stock 241 (241) —
Amortization of unearned
compensation 170 170
Comprehensive income 245,175 9,322 254,497
January 2, 1999 665 743 591,235 811,616 (4,914) (88) 1,399,257
Noncash compensation
charge related to stock options 1,978 1,978
Stock options exercised 17 7,387 7,404
Income tax benefit from
exercise of stock options 13,428 13,428
Vesting of Redeemable
Class B Common Stock 6 3,901 3,907
Conversion of Class B Common
Stock to Class A Common Stock 22 (22) —
Grant of restricted Class A
Common Stock 3 3,455 (3,458) —
Issuance of Class A Common
Stock related to Employee
Stock Purchase Plan 5 12,534 12,539
Warrants issued 11,264 11,264
Amortization of unearned
compensation 450 450
Comprehensive income 183,419 333,199 516,618
January 1, 2000 $ 712 $727 $645,182 $995,035 $328,285 $(3,096) $1,966,845
See accompanying notes to these consolidated financial statements.