Stein Mart 2010 Annual Report Download - page 28

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The accompanying notes are an integral part of these consolidated financial statements.
F-4
Stein Mart, Inc.
Consolidated Statements of Stockholders’ Equity
(In thousands)
Common Stock Additional
Paid-in
Capital
Retained
Earnings
A
ccumulated
Other
Comprehensive
Income
Total
Stockholders’
Equity Shares Amount
Balance at February 2, 2008 41,831 $418 $ 5,288 $250,983 $ - $256,689
Adoption of accounting guidance for split-dollar postretirement
benefits (4,530) (4,530)
Comprehensive loss:
Net loss (71,301) (71,301)
Unrecognized postretirement plan adjustments:
Actuarial gain 785 785
Total comprehensive loss (70,516)
Common shares issued under stock option plan 31 31
Common shares issued under employee stock purchase plan 420 4 796 800
Reacquired shares (5) (18) (18)
Issuance of restricted stock, net 410 5 (5) -
Share-based compensation 4,077 4,077
Tax deficiency from equity issuances (183) (183)
Balance at January 31, 2009 42,656 427 9,986 175,152 785 186,350
Comprehensive income:
Net income 23,553 23,553
Unrecognized postretirement plan adjustments:
Actuarial gain 80 80
Transition obligation (287) (287)
Total comprehensive income 23,346
Common shares issued under stock option plan 104 1 760 761
Common shares issued under employee stock purchase plan 155 1 523 524
Reacquired shares (13) (123) (123)
Forfeiture of restricted stock, net (30) -
Share-based compensation 4,610 4,610
Tax benefit from equity issuances 221 221
Balance at January 30, 2010 42,872 429 15,977 198,705 578 215,689
Comprehensive income:
Net income 48,753 48,753
Unrecognized postretirement plan adjustments:
Actuarial loss (138) (138)
Transition obligation 16 16
Total comprehensive income 48,631
Common shares issued under stock option plan 912 9 737 746
Common shares issued under employee stock purchase plan 145 1 765 766
Reacquired shares (871) (8) (7,094) (7,102)
Issuance of restricted stock, net 1,339 13 (13) -
Share-based compensation 3,759 3,759
Tax benefit from equity issuances 6,995 6,995
Cash dividends paid
(22,233) (22,233)
Balance at January 29, 2011 44,397 $444 $21,126 $225,225 $ 456 $247,251