Neiman Marcus 2007 Annual Report Download - page 95

Table of Contents
NEIMAN MARCUS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
Common Accumulated
stocks Additional other Total
(in thousands)
Class
A
Class
B
paid-in
capital
comprehensive
income (loss)
Retained
earnings
Treasury
stock
shareholders'
equity
Predecessor:
BALANCE AT JULY 30, 2005 298 199 $ 520,414 $ (47,030) $ 1,125,726 $ (25,661) $ 1,573,946
Stock based compensation
expense — — 19,032 — — — 19,032
Other equity transactions — — 637 — — — 637
Comprehensive income:
Net earnings — — — — 44,154 — 44,154
Adjustments for fluctuations in
fair market value of
financial instruments, net of
tax ($593) — — — (950) — — (950)
Reclassification to earnings,
net of tax of $706 — — — 1,114 — — 1,114
Other — — — 246 — — 246
Total comprehensive income 44,564
BALANCE AT OCTOBER 1, 2005 298 199 $ 540,083 $ (46,620)$ 1,169,880 $ (25,661)$ 1,638,179
(in thousands)
Common
stock
Additional
paid-in
capital
Accumulated
other
comprehensive
income (loss)
Retained
earnings
Total
shareholders'
equity
Successor:
Equity contributions $ 10 $ 1,470,622 $ — $ — $ 1,470,632
Carryover basis adjustment — (69,200) — — (69,200)
Stock based compensation expense — 3,951 — — 3,951
Comprehensive income:
Net earnings — — — 12,455 12,455
Adjustments for fluctuations in fair
market value of financial instruments,
net of tax of $6,696 — — 10,276 — 10,276
Reclassification to earnings, net of tax of
($186) — — (286) — (286)
Other — — (161) — (161)
Total comprehensive income 22,284
BALANCE AT JULY 29, 2006 10 1,405,373 9,829 12,455 1,427,667
Stock based compensation expense — 5,859 — — 5,859
Other equity transactions — 1,154 — — 1,154
Adjustment for unfunded benefit
obligations (upon initial adoption of new
accounting principle), net of income tax
effect of $11,289 — — 17,365 — 17,365
Comprehensive income:
Net earnings — — — 111,932 111,932
Adjustments for fluctuations in fair
market value of financial instruments,
net of tax of ($1,758) — — (2,678) — (2,678)
Reclassification to earnings, net of tax of
($2,327) — — (3,579) — (3,579)
Other — — 292 — 292
Total comprehensive income 105,967
BALANCE AT JULY 28, 2007 10 1,412,386 21,229 124,387 1,558,012
Stock based compensation expense — 6,087 — — 6,087
Comprehensive income:
Net earnings — — — 142,813 142,813
Adjustments for fluctuations in fair
market value of financial instruments,
net of tax of ($16,355) — — (25,159) — (25,159)
Reclassification to earnings, net of tax of
($214) — — (329) — (329)
Change in unfunded benefit obligations,
net of tax of ($3,239) — — (5,063) — (5,063)