Southwest Airlines 1995 Annual Report Download - page 29

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29
CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY
(in thousands except per
share amounts)
Years Ended
December 31,
1995, 1994,
And 1993
Capital
Common in excess of Retained
stock par value earnings Total
Balance at December 31,
1992
$96,047 $177,561 $605,928 $879,536
Three-for-two stock split (Note
8)
46,325 (46,325) - -
Issuance of common stock
upon exercise of executive
stock options and pursuant to
Employee stock option
and purchase plans and
related tax benefit (Note 9) 384 9,932 -10,316
Cash dividends, $.03867 per
share - - (5,376) (5,376)
Net income - 1993 --169,543 169,543
Balance at December 31,
1993
142,756 141,168 770,095 1,054,019
Issuance of common stock
upon exercise of executive
stock options and pursuant to
Employee stock option
and purchase plans and
related tax benefit (Note 9) 500 10,578 -11,078
Cash dividends, $.04 per
share - - (5,722) (5,722)
Net income - 1994 --179,331 179,331
Balance at December 31,
1994
143,256 151,746 943,704 1,238,706
Issuance of common stock
upon exercise of executive
stock options and pursuant to
Employee stock option
and purchase plans and
related tax benefit (Note 9) 777 10,958 -11,735
Cash dividends, $.04 per
share - - (5,749) (5,749)
Net income - 1995 --182,626 182,626
Balance at December 31,
1995
$144,033 $162,704 $1,120,581 $1,427,318