Sonic 2002 Annual Report Download - page 25

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Sonic 02 23
Consolidated Statements of Stockholders’ Equity
Common Stock Paid-in Retained Treasury Stock
Shares Amount Capital Earnings Shares Amount
(In thousands)
Balance at August 31, 1999 20,746 $ 207 $ 67,212 $ 116,851 2,164 $ (34,515)
Exercise of common stock options 137 2 1,911
Tax benefit related to exercise
of employee stock options 767
Purchase of treasury stock 1,138 (29,799)
Three-for-two stock split 10,442 104 (104) 1,651
Net income 32,627
Balance at August 31, 2000 31,325 313 69,786 149,478 4,953 (64,314)
Exercise of common stock options 589 6 5,827
Tax benefit related to exercise
of employee stock options 2,814
Purchase of treasury stock 76 (2,147)
Net income 38,956
Balance at August 31, 2001 31,914 319 78,427 188,434 5,029 (66,461)
Exercise of common stock options 512 5 4,823 – –
Tax benefit related to exercise
of employee stock options – 3,474 – –
Purchase of treasury stock – 1,033 (26,043)
Three-for-two stock split 16,052 161 (161) – 2,675
Net income – 47,692
Balance at August 31, 2002 48,478 $ 485 $ 86,563 $ 236,126 8,737 $ (92,504)
See accompanying notes.