World Fuel Services 2002 Annual Report Download - page 45

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WORLD FUEL SERVICES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUIT
Y
(IN THOUSANDS)
Capital in Unearned
Excess of Retained Deferred
Shares Amount Par Value Earnings Compensation Shares Amount Total
Balance at March 31, 1999 12,534 125$ 26,769$ 78,000$ - 346 (4,097)$ 100,797$
Net income - - - 9,635 - - - 9,635
Cash dividends declared - - - (2,379) - - - (2,379)
Purchases of stock - - - - - 1,194 (8,423) (8,423)
Othe
r
3
-
31
-
-
-
-
31
Balance at March 31, 2000 12,537 125 26,800 85,256 - 1,540 (12,520) 99,661
Net income - - - 10,634 - - - 10,634
Cash dividends declared - - - (2,120) - - - (2,120)
Purchases of stock - - - - - 598 (4,404) (4,404)
Othe
r
4
-
89
-
-
-
-
89
Balance at March 31, 2001 12,541 125 26,889 93,770 - 2,138 (16,924) 103,860
Net income - - - 17,235 - - - 17,235
Cash dividends declared - - - (4,164) - - - (4,164)
Purchases of stock - - - - - 259 (3,257) (3,257)
Issuance of restricted stock 25 1 297 - (298) - - -
Amortization of unearned
deferred compensation - - - - 182 - - 182
Exercise of stock options,
including income tax
benefit of $383 196 2 2,466 - - (9) 76 2,544
Othe
r
3
-
39
-
-
-
-
39
Balance at March 31, 2002 12,765 128 29,691 106,841 (116) 2,388 (20,105) 116,439
Net income - - - 9,872 - - - 9,872
Cash dividends declared - - - (2,379) - - - (2,379)
Issuance of restricted stock
and options - - 1,327 - (2,133) (96) 806 -
Amortization of unearned
deferred compensation - - - - 363 - - 363
Exercise of stock options,
including income tax
benefit of $475 - - 1,531 - - (217) 1,824 3,355
Othe
r
-
-
4
6
-
-
(4) 34 8
0
Balance at December 31, 2002 12,765 128$ 32,595$ 114,334$(1,886)$ 2,071 (17,441)$ 127,730$
Common Stock Treasury Stock
The accompanying notes are an integral part of these consolidated financial statements.
Page 37 of 70