Logitech 2001 Annual Report Download - page 28

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NO
LOGITECH INTERNATIONAL S.A.
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(In thousands, except share amounts)
Registered shares
Shares Amount
Additional
paid-in
capital
Treasury shares
Shares Amount
Retained
earnings
Net
unrealized
gain on
investment
Cumulative
translation
adjustment Total
March 31, 1998........................ 4,003,376 $ 28,738 $ 75,577 145,978 $(6,677) $ 47,186 $(12,090) $ 132,734
Net income...............................    
7,137 
7,137
Cumulative translation
adjustment .........................  
(291) (291)
Total comprehensive
income ...............................   
6,846
Purchase of treasury shares....  
67,812 (4,018) 
(4,018)
Sale of treasury shares upon
exercise of options and
purchase rights .................. 140 (83,944) 4,052 4,192
March 31, 1999........................ 4,003,376 $ 28,738 $ 75,717 129,846 $(6,643) $54,323 $ (12,381) $139,754
Net income...............................    
30,044 
30,044
Cumulative translation
adjustment .........................  
(4,399) (4,399)
Total comprehensive
income ...............................   
25,645
Issuance of registered
shares upon exercise of
options ............................... 159,544 1,014 6,498   
7,512
Tax benefit from exercise of
stock options ..................... 
1,645   
1,645
Sale of treasury shares
upon exercise of options
and purchase rights........... (174) (109,206) 5,587 5,413
March 31, 2000........................ 4,162,920 $ 29,752 $ 83,686 20,640 $(1,056) $84,367 $(16,780) $179,969
Net income...............................    
45,068 45,068
Cumulative translation
adjustment .........................  
(7,075) (7,075)
Unrealized gain net of
income taxes ..................... 965 965
Total comprehensive
income ...............................   
38,958
Issuance of registered
shares upon exercise of
options ............................... 154,729 907 8,589   
9,496
Issuance of registered
shares for acquisition of
Labtec................................ 114,300 678 24,758   
25,436
Issuance of registered
shares at par value ............ 9,912 59 9,912 (59) 
Tax benefit from exercise of
stock options...................... 
1,707   
1,707
Purchase of treasury shares .....  
3,900 (1,065) 
(1,065)
Sale of treasury shares upon
exercise of options and
purchase rights.................. (17,977) 1,553 1,553
March 31, 2001........................ 4,441,861 $31,396 $ 118,740 16,475 $ (627) $129,435 $965 $(23,855) $256,054
The accompanying notes are an integral part of these financial statements.