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Table of Contents
Stein Mart, Inc.
Consolidated Statements of Shareholders’ Equity
(In thousands)
The accompanying notes are an integral part of these consolidated financial statements.
F
-
4
Common Stock
Additional
Paid
-
in
Retained
Accumulated
Other
Comprehensive
Total
Stockholders
’
Shares
Amount
Capital
Earnings
Income (Loss)
Equity
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, net of tax:
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, net of tax:
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
Comprehensive income:
Net income
19,828
19,828
Unrecognized postretirement plan adjustments, net of tax:
Actuarial loss
(1,885
)
(1,885
)
Transition obligation
10
10
Total comprehensive income
17,953
Common shares issued under stock option plan
270
3
2,147
2,150
Common shares issued under employee stock purchase plan
112
1
740
741
Reacquired shares
(1,654
)
(17
)
(12,124
)
(12,141
)
Issuance of restricted stock, net
464
5
(5
)
—
Share
-
based compensation
3,821
3,821
Tax deficiency from equity issuances
(437
)
(437
)
Balance at January 28, 2012
43,589
$
436
$
15,268
$
245,053
$
(1,419
)
$
259,338