Staples 2006 Annual Report Download - page 109

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See notes to consolidated financial statements.
C-5
STAPLES, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity
(Dollar Amounts in Thousands)
For the Fiscal Years Ended February 3, 2007, January 28, 2006 and January 29, 2005
Additional Cumulative
Common Paid-In Translation Retained Treasury Comprehensive
Stock Capital Adjustments Earnings Stock Income
Balances at January 31, 2004............................ $ 316 $2,243,569 $ 81,002 $1,966,867 $ (561,099 ) $ 559,732
Issuance of common stock for stock options exercised . . . . . . . . 8 187,163 — — — —
Tax benefit on exercise of options........................ — 35,546 — — — —
Stock-based compensation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 114,861 — — — —
Sale of common stock under Employee Stock Purchase Plan and
International Savings Plan............................ 1 19,222 — — — —
Stock split . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163 (163) — — —
Net income for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 664,575 — 664,575
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 ) —
Other.............................................. — 225 — — — —
Balances at January 29, 2005............................ $ 488 $ 2,600,423 $ 114,427 $ 2,531,915 $ (1,072,829 ) $ 698,000
Issuance of common stock for stock options exercised . . . . . . . . 9 159,727 — — — —
Tax benefit on exercise of options........................ — 24,347 — — — —
Stock-based compensation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 129,806 — — — —
Sale of common stock under Employee Stock Purchase Plan . . . 1 23,181 — — — —
Stock split and cash paid in lieu of fractional shares . . . . . . . . . . — (921) — — — —
Net income for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 784,117 — 784,117
Common stock dividend. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (123,402 ) — —
Foreign currency translation adjustments.................. — — (15,837) — — (15,837)
Changes in the fair value of derivatives (net of taxes of $8,332) . — — (11,505) — — (11,505)
Purchase of treasury shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — — (663,145 ) —
Other.............................................. — 799 — — — —
Balances at January 28, 2006............................ $ 498 $ 2,937,362 $ 87,085 $ 3,192,630 $ (1,735,974 ) $ 756,775
Issuance of common stock for stock options exercised . . . . . . . . 11 166,752 — — — —
Tax benefit on exercise of options........................ — 36,069 — — — —
Stock-based compensation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 168,736 — — — —
Sale of common stock under Employee Stock Purchase Plan and
International Savings Plan............................ 1 28,499 — — — —
Net income for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 973,677 — 973,677
Common stock dividend. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (160,883 ) — —
Foreign currency translation adjustments.................. — — 96,404 — — 96,404
Changes in the fair value of derivatives (net of taxes of $4,073) . — — 5,626 — 5,626
Purchase of treasury shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — — (775,822 ) —
Other.............................................. — 994 — — — —
Balances at February 3, 2007............................ $ 510 $ 3,338,412 $ 189,115 $ 4,005,424 $ (2,511,796 ) $ 1,075,707