Washington Post 2001 Annual Report Download - page 14

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41
Cumulative Unrealized
Foreign Gain on
Class A Class B Capital in Currency Available-
Common Common Excess of Retained Translation for-Sale Treasury
Stock Stock Par Value Earnings Adjustment Securities Stock
Balance, January 3, 1999 .......................... $1,739 $ 18,261 $ 46,199 $ 2,597,217 $ (1,600) $ 41,980 $(1,115,693)
Net income for the year ........................ 225,785
Dividends paid on common stock—
$5.20 per share ............................. (52,376)
Dividends paid on redeemable preferred stock .. (950)
Repurchase of 744,095 shares of
Class B common stock...................... (425,865)
Issuance of 90,247 shares of Class B
common stock, net of restricted stock
award forfeitures ............................ 16,023 10,425
Change in foreign currency translation
adjustment (net of taxes) .................... (3,289)
Change in unrealized gain on
available-for-sale securities (net of taxes) .... (36,711)
Issuance of subsidiary stock (net of taxes) ..... 34,571
Tax benefits arising from employee stock plans.. 12,074
Balance, January 2, 2000........................... $1,739 $18,261 $108,867 $2,769,676 $(4,889) $5,269 $(1,531,133)
Net income for the year ........................ 136,470
Dividends paid on common stock—
$5.40 per share ............................. (50,998)
Dividends paid on redeemable preferred stock.. (1,026)
Repurchase of 200 shares of
Class B common stock...................... (96)
Issuance of 21,279 shares of Class B
common stock, net of restricted stock
award forfeitures ............................ 4,433 3,027
Change in foreign currency translation
adjustment (net of taxes) .................... (1,685)
Change in unrealized gain on
available-for-sale securities (net of taxes) ... 8,233
Issuance of subsidiary stock (net of taxes)..... 13,332
Tax benefits arising from employee stock plans.. 1,527
Balance, December 31, 2000........................ $1,739 $18,261 $128,159 $2,854,122 $(6,574) $13,502 $(1,528,202)
Net income for the year ........................ 229,639
Dividends paid on common stock—
$5.60 per share ............................. (53,114)
Dividends paid on redeemable preferred stock.. (1,052)
Repurchase of 714 shares of
Class B common stock...................... (445)
Issuance of 35,105 shares of Class B
common stock, net of restricted stock
award forfeitures ............................ 10,639 5,120
Change in foreign currency translation
adjustment (net of taxes) .................... (3,104)
Change in unrealized gain on
available-for-sale securities (net of taxes) ... 10,779
Conversion of Class A common stock
to Class B common stock ................... (17) 17
Tax benefits arising from employee stock plans.. 4,016
Balance, December 30, 2001........................ $ 1,722 $ 18,278 $ 142,814 $ 3,029,595 $ (9,678) $ 24,281 $ (1,523,527)
The information on pages 42 through 54 is an integral part of the financial statements.
THE WASHINGTON POST COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN COMMON SHAREHOLDERS’ EQUITY
(in thousands)