Sunbeam 2004 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2004 Sunbeam annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 78

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78

Jarden Corporation
Consolidated Statements of Changes in Stockholders’ Equity
(in thousands)
Accumulated Other
Comprehensive (Loss) Income
Common Stock Treasury Stock Additional
Paid-in
Capital
Retained
Earnings
Loans
Receivable
Cumulative
Translation
Adjustment
Interest
Rate
Swaps
Minimum
Pension
LiabilityShares Amount Shares Amount
Balance, December 31, 2001 .... 23,890 $239 (4,695) $(37,586) $ 41,614 $ 32,724 $ — $ (941) $(524) $ (397)
Net income .................. —— — — —36,309 ————
Stock options exercised and stock
Plan purchases .............. 2,324 —— —9,261 —— —— —
Shares issued for non-cash
compensation .............. 45 —— — 587 —— —— —
Shares reissued from treasury . . . (2,369) — 2,369 19,742 (19,742) —— —— —
Shares tendered for stock options
and taxes .................. —— (6) (88) ——— ———
Cumulative translation
adjustment ................. —— — — — — — 191 ——
Tax benefit related to stock
option exercises ............. —— — — 2,276 —— —— —
Loans to executive officers and
accrued interest thereon ...... —— — — — —(5,109) —— —
Interest rate swap maturity ...... —— — — — — — — 524 —
Minimum pension liability ...... —— — — — — — — — (2,316)
Balance, December 31, 2002 .... 23,890 239 (2,332) (17,932) 33,996 69,033 (5,109) (750) — (2,713)
Net income .................. —— — — —31,778 ————
Proceeds from issuance of
common stock .............. 4,830 48 ——112,210 —— —— —
Restricted stock awards, stock
options exercised and stock
plan purchases .............. 623 —— —2,270 —— —— —
Shares reissued from treasury . . . (884) — 884 6,610 (6,610) —— —— —
Restricted stock awards canceled
and shares tendered for stock
options and taxes ............ —— (4) (60) ——— ———
Non cash compensation
charges .................... —— — —21,899 —— —— —
Cumulative translation
adjustment ................. —— — — — — — 4,009 ——
Tax benefit related to stock
option exercises ............. —— — — 1,291 —— —— —
Repayment of executive officers
loans and accrued interest .... 261 — (261) (5,175) ——5,109 —— —
Interest rate swap unrealized
loss ....................... —— — — — — — — (57) —
Minimum pension liability ...... —— — — — — — — — (181)
Balance, December 31, 2003 .... 28,720 287 (1,713) (16,557) 165,056 100,811 — 3,259 (57) (2,894)
Net income .................. —— — — —42,434 ————
Restricted stock awards, stock
options exercised and stock
plan purchases .............. 1,293 —— —3,506 —— —— —
Shares reissued from treasury . . . (1,293) — 1,293 10,005 (10,005) —— —— —
Restricted stock awards canceled
and shares tendered for stock
options and taxes ............ —— (8) (101) ——— ———
Non cash compensation
charges .................... —— — —32,455 —— —— —
Cumulative translation
adjustment ................. —— — — — — — 3,480 ——
Tax benefit related to stock
option exercises ............. —— — — 1,992 —— —— —
Interest rate swap unrealized
loss ....................... —— — — — — — — (472) —
Minimum pension liability ...... —— — — — — — — — 752
Balance, December 31, 2004 .... 28,720 $287 (428) $ (6,653) $193,004 $143,245 $ — $6,739 $(529) $(2,142)
The accompanying notes are an integral part of the consolidated financial statements.
43