Nautilus 2003 Annual Report Download - page 45

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Table of Contents
THE NAUTILUS GROUP, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
YEARS ENDED DECEMBER 31, 2003, 2002 AND 2001
(In Thousands, Except Share Data)
See notes to consolidated financial statements.
-
44
-
Common Stock
Unearned
Compensation
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shares
Amount
BALANCES, JANUARY 1, 2001
35,317,773
$
16,813
$
—
$
76,054
$
—
$
92,867
Net income
—
—
—
66,583
—
66,583
Cumulative translation adjustment
—
—
—
—
(
123
)
(123
)
Comprehensive income
66,460
Shares issued
11,213
250
—
—
—
250
Options exercised
567,563
2,270
—
—
—
2,270
Stock repurchased
(941,759
)
(16,310
)
—
—
—
(
16,310
)
Tax benefit of exercise of nonqualified
options
—
1,877
—
—
—
1,877
BALANCES, DECEMBER 31, 2001
34,954,790
4,900
—
142,637
(123
)
147,414
Net income
—
—
—
97,887
—
97,887
Cumulative translation adjustment
—
—
—
—
1,308
1,308
Comprehensive income
99,195
Options exercised
362,227
2,727
—
—
—
2,727
Stock repurchased
(2,843,120
)
(10,683
)
—
(
39,286
)
—
(
49,969
)
Tax benefit of exercise of nonqualified
options
—
3,056
—
—
—
3,056
BALANCES, DECEMBER 31, 2002
32,473,897
—
—
201,238
1,185
202,423
Net income
—
—
—
34,402
—
34,402
Cumulative translation adjustment
—
—
—
—
2,079
2,079
Comprehensive income
36,481
Dividends paid
—
—
—
(
13,030
)
—
(
13,030
)
Unearned compensation
—
1,700
(1,544
)
—
—
156
Options exercised
231,851
979
—
—
—
979
Stock repurchased
(100,300
)
(392
)
—
(
1,030
)
—
(
1,422
)
Tax benefit of exercise of nonqualified
options
—
541
—
—
—
541
BALANCES, DECEMBER 31, 2003
32,605,448
$
2,828
$
(1,544
)
$
221,580
$
3,264
$
226,128