Washington Post 2002 Annual Report Download - page 45

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CONSOLIDATED STATEMENTS OF CHANGES IN COMMON SHAREHOLDERS’ EQUITY
Cumulative Unrealized
Foreign Gain on
Class A Class B Capital in Currency Available-
Common Common Excess of Retained Translation for-Sale Treasury
(in thousands) Stock Stock Par Value Earnings Adjustment Securities Stock
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)
Net income for the year *********************** 204,268
Dividends paid on common stock —
$5.60 per share **************************** (53,223)
Dividends paid on redeemable preferred stock ** (1,033)
Repurchase of 1,229 shares of Class B common
stock *************************************** (786)
Issuance of 17,156 shares of Class B common
stock, net of restricted stock
award forfeitures **************************** 4,440 2,507
Change in foreign currency translation
adjustment (net of taxes) ********************* 2,167
Change in unrealized gain on available-for-sale
securities (net of taxes) ********************** (6,368)
Stock option expense************************** 45
Tax benefits arising from employee stock plans ** 1,791
Balance, December 29, 2002***************** $1,722 $18,278 $149,090 $3,179,607 $(7,511) $17,913 $(1,521,806)
The information on pages 44 through 56 is an integral part of the financial statements.
2002 FORM 10-K 43