Best Buy 2001 Annual Report Download - page 39

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Best Buy Co., Inc.
40
$ in thousands
Additional
Common Paid-In Retained
Stock Capital Earnings
Balances at Feb. 28, 1998 $ 4,463 $266,144 $ 265,105
Stock options exercised 199 21,38 1 —
Tax benefit from stock options exercised — 40,428 —
Conversion of preferred securities 509 221,896 —
May 1998 two-for-one stock split 5,0 16 (5,016) —
Repurchase of common stock (6) (2,456) —
N et earnings — — 216,282
Balances at Feb. 27, 1999 10,181 542,377 481,387
Stock options exercised 408 32,71 3 —
Tax benefit from stock options exercised — 79,300 —
March 1999 two-for-one stock split 10,190 (10,190) —
Repurchase of common stock (741) (396,710) —
N et earnings — — 347,070
Balances at Feb. 26, 2000 20,038 2 47,490 828 ,457
Stock options exercised 388 37,104 —
Tax benefit from stock options exercised — 92,612 —
Stock issuance 388 199,612 —
N et earnings — — 395,839
Balances at March 3, 2001 $20,814 $576,818 $1,224,296
See N otes to Consolidated Financial Statements.
Consolidated Statements of Changes in
Shareholders’ Equity
Consolidated Statements