Cabela's 2008 Annual Report Download - page 71

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66
CABELA’S INCORPORATED AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Dollars in Thousands)
Accumulated
Common Additional Other
Stock Common Paid-In Retained Comprehensive
Shares Stock Capital Earnings Income (Loss) Total
BALANCE, beginning of 2006 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 11,643 - - 1,644
Exercise of employee stock options 497,946 52,183 - - 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 53,973 - - 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
Net income - - - 76,404 -76,404
Unrealized loss on economic development
bonds, net of taxes of $3,200 - - - - (5,425)(5,425)
Derivative adjustment, net of taxes of $24 - - - - (43)(43)
Foreign currency translation adjustment - - - - (406)(406)
Total comprehensive income 70,530
Stock based compensation - - 6,058 - - 6,058
Employee stock purchase plan issuances 64,668 -513 - - 513
Issuance of restricted stock 111,324 1 - - - 1
Exercise of employee stock options 769,608 87,198 - - 7,206
Tax benefit on employee stock option exercises - - 838 - - 838
BALANCE, end of 2008 66,833,984 $668 $271,958 $647,676 $(6,597) $ 913,705
Refer to notes to consolidated financial statements.