Staples 2004 Annual Report Download - page 96

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STAPLES, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity
(Dollar Amounts in Thousands)
For the Fiscal Years Ended January 29, 2005, January 31, 2004 and February 1, 2003
Additional Cumulative
Common Paid-In Translation Retained Treasury Comprehensive
Stock Capital Adjustments Earnings Stock Income
Balances at February 2, 2002 ............................ $295 $1,364,355 $ (27,129) $1,272,991 $ (556,338) $252,195
Issuance of common stock for stock options exercised ............ 4 56,350 — — — —
Tax benefit on exercise of options ......................... — 21,722 — — — —
Contribution of common stock to Employees’ 401(K) Savings Plan .... — 7,977 — — — —
Sale of common stock under Employee Stock Purchase Plan ........ — 14,881 — — — —
Issuance of Performance Accelerated Restricted Stock ............ — 18,861 — — — —
Reissuance of Treasury Stock ............................ — 54 — — 18 —
Net income for the year ............................... — — — 446,100 — 446,100
Foreign currency translation adjustments ..................... — — 41,351 — — 41,351
Changes in the fair value of derivatives (net of taxes of $1,121) ...... — — (2,741) — — (2,741)
Purchase of treasury shares ............................. — — — — (492) —
Other ........................................... — 633 — — — —
Balances at February 1, 2003 ............................ $299 $1,484,833 $ 11,481 $1,719,091 $ (556,812) $484,710
Equity Offering ..................................... 8 252,964 — — — —
Issuance of common stock for stock options exercised ............ 8 121,545 — — — —
Tax benefit on exercise of options ......................... — 30,613 — — — —
Contribution of common stock to Employees’ 401(K) Savings Plan .... — 9,136 — — — —
Sale of common stock under Employee Stock Purchase Plan ........ 1 16,169 — — — —
Issuance of Performance Accelerated Restricted Stock ............ — 18,389 — — — —
Reissuance of Treasury Stock ............................ — 97 — — 28 —
Net income for the year ............................... — — — 490,211 — 490,211
Foreign currency translation adjustments ..................... — — 96,075 — — 96,075
Changes in the fair value of derivatives (net of taxes of $17,126) ...... — — (26,554) — — (26,554)
Purchase of treasury shares ............................. — — — — (4,315) —
Other ........................................... — (367) — — — —
Balances at January 31, 2004 ............................ $316 $1,933,379 $ 81,002 $2,209,302 $ (561,099) $559,732
Issuance of common stock for stock options exercised ............ 8 187,163 — — — —
Tax benefit on exercise of options ......................... — 69,257 — — — —
Contribution of common stock to Employees’ 401(K) Savings Plan .... — 13,311 — — — —
Sale of common stock under International Savings Plan ........... — 124 — — — —
Sale of common stock under Employee Stock Purchase Plan ........ 1 19,098 — — — —
Issuance of Performance Accelerated Restricted Stock ............ — 32,778 — — — —
Net income for the year ............................... — — — 708,388 — 708,388
Common stock dividend ............................... — — — (99,527) — —
Foreign currency translation adjustments ..................... — — 46,861 — — 46,861
Changes in the fair value of derivatives (net of taxes of $9,729) ...... — — (13,436) — — (13,436)
Purchase of treasury shares ............................. — — — — (511,730) —
Balances at January 29, 2005 ............................ $325 $2,255,110 $114,427 $2,818,163 $(1,072,829) $741,813
See notes to consolidated financial statements.
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