Sonic 2005 Annual Report Download - page 35

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Common Stock Paid-in Retained Treasury Stock
Shares Amount Capital Earnings Shares Amount
(In thousands)
Balance at August 31, 2002 48,478 $ 485 $ 86,563 $ 236,126 8,737 $ (92,504)
Exercise of common stock options 703 7 5,671
Tax benefit related to exercise of
employee stock options 3,312
Purchase of treasury stock 1,227 (26,523)
Net income 52,261
Balance at August 31, 2003 49,181 492 95,546 288,387 9,964 (119,027)
Exercise of common stock options 592 6 5,608
Tax benefit related to exercise of
employee stock options 4,106
Purchase of treasury stock 148 (3,371)
Three-for-two stock split 24,845 248 (248) 4,987
Net income 63,015
Balance at August 31, 2004 74,618 746 105,012 351,402 15,099 (122,398)
Exercise of common stock options 1,148 12 10,796 – –
Tax benefit related to exercise of
employee stock options – 6,174
Purchase of treasury stock – 1,352 (42,586)
Net income – 75,381
Balance at August 31, 2005 75,766 $ 758 $121,982 $ 426,783 16,451 $(164,984)
See accompanying notes.
Consolidated Statements of Stockholders’ Equity
25