Papa Johns 1999 Annual Report Download - page 48

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Papa John’s International, Inc. and Subsidiaries
Consolidated Statements of Stockholders’Equity
(In thousands)
Accumulated
Additional Other Total
Common Paid-In Comprehensive Retained Treasury Stockholders’
Stock Capital Income (Loss) Earnings Stock Equity
Balance at December 29, 1996
as previously reported $ 288 $ 143,978 $ 977 $ 35,882 $ (482) $ 180,643
Restatement for acquisition (see Note) 1 1,499 - (3,949) - (2,449)
Balance at December 29, 1996
as restated 289 145,477 977 31,933 (482) 178,194
Comprehensive income:
Net income - - - 23,565 - 23,565
Unrealized loss on investments,
net of tax of $424 - - (656) - - (656)
Comprehensive income 22,909
Exercise of stock options 3 3,533 - - 1 3,537
Tax benefit related to exercise of
non-qualified stock options - 2,339 - - - 2,339
Other - - - 17 - 17
Balance at December 28, 1997 292 151,349 321 55,515 (481) 206,996
Comprehensive income:
Net income - - - 32,361 - 32,361
Unrealized gain on investments,
net of tax of $354 - - 367 - - 367
Comprehensive income 32,728
Exercise of stock options 5 11,668 - - - 11,673
Tax benefit related to exercise of
non-qualified stock options - 2,953 - - - 2,953
Other 1 239 - (420) - (180)
Balance at December 27, 1998 298 166,209 688 87,456 (481) 254,170
Comprehensive income:
Net income - - - 47,286 - 47,286
Unrealized gain on investments,
net of tax of $357 - - (553) - - (553)
Other - - (525) - - (525)
Comprehensive income 46,208
Exercise of stock options 7 14,452 - - - 14,459
Tax benefit related to exercise of
non-qualified stock options - 3,945 - - - 3,945
Deferred tax asset - pooling of interests
business combination - 5,245 - - - 5,245
Stock repurchase - - - - (31,713) (31,713)
Other - 69 - (250) - (181)
Balance at December 26, 1999 $ 305 $ 189,920 $ (390) $ 134,492 $ (32,194) $ 292,133
Note: The Consolidated Statements of Stockholders’Equity for the years ended December 27, 1998 and December 28, 1997 have been restated to reflect the acquistion
of Minnesota Pizza Company, LLC, a business combination accounted for as a pooling of interests (see “Note 3”of “Notes to Consolidated Financial Statements”).
See accompanying notes.
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