Cabela's 2007 Annual Report Download - page 61

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55
CABELA’S INCORPORATED AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Dollars in Thousands)
Common
Stock
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Tot a l
BALANCE, beginning of 2005 ........................ 64,568,180 $646 $236,198 $326,794 $ 2,716 $566,354
Comprehensive income:
Net income.................................. — — — 72,569 — 72,569
Unrealized loss on economic development bonds, net
of taxes of $1,428 ......................... — — — — (2,584) (2,584)
Derivative adjustment, net of taxes of $88 ......... — — — — (158) (158)
Total comprehensive income .............. 69,827
Stock based compensation ......................... — — 941 — — 941
Employee stock purchase plan issuances .............. 106,897 1 1,772 — — 1,773
Exercise of employee stock options .................. 89,377 1 745 — — 746
Tax benefit on employee stock option
exercises.................................... — — 212 — — 212
BALANCE, end of 2005.............................. 64,764,454 648 239,868 399,363 (26) 639,853
Comprehensive income:
Net income.................................. — — — 85,785 — 85,785
Unrealized gain on economic development
bonds, net of taxes of $187.................. — — — — 311 311
Derivative adjustment, net of taxes of $19 ......... — — — — 30 30
Total comprehensive income............... 86,126
Stock based compensation ......................... — — 3,462 — — 3,462
Employee stock purchase plan issuances .............. 101,336 1 1,643 — — 1,644
Exercise of employee stock options .................. 497,946 5 2,183 — — 2,188
Tax benefit on employee stock option exercises......... — — 585 — — 585
BALANCE, end of 2006.............................. 65,363,736 654 247,741 485,148 315 733,858
Cumulative effect adjustment to adopt FIN 48.......... — — — (1,755) — (1,755)
Comprehensive income:
Net income.................................. — — — 87,879 — 87,879
Unrealized loss on economic development bonds, net
of taxes of $659 .......................... — — — — (1,098) (1,098)
Derivative adjustment, net of taxes of $32 ......... — — — — 53 53
Foreign currency translation adjustment . . . . . . . . . . . 7 7
Total comprehensive income............... 86,841
Stock based compensation ......................... — — 4,465 — — 4,465
Exercise of employee stock options .................. 524,648 5 3,973 — — 3,978
Tax benefit on employee stock option
exercises.................................... — — 1,172 — — 1,172
BALANCE, end of 2007.............................. 65,888,384 $659 $257,351 $571,272 $ (723) $828,559
Refer to notes to consolidated financial statements.