Cabela's 2009 Annual Report Download - page 82

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73
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) Total
BALANCE, beginning of 2007 65,363,736 $654 $247,741 $485,148 $315 $733,858
Cumulative effect adjustment to adopt ASC 740 - - - (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
Comprehensive income:
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
Comprehensive income:
Net income - - - 49,617 -49,617
Unrealized gain on economic development
bonds, net of taxes of $2,487 - - - - 4,104 4,104
Unrealized gain on asset-backed available for
sale securities, net of taxes of $2,071 - - - - 3,650 3,650
Derivative adjustment, net of taxes of $7 - - - - (11)(11)
Foreign currency translation adjustment - - - - (181)(181)
Total comprehensive income 57,179
Stock based compensation - - 9,057 - - 9,057
Employee stock purchase plan issuances 217,707 32,250 - - 2,253
Exercise of employee stock options 235,884 22,091 - - 2,093
Tax benefit on employee stock option exercises - - 134 - - 134
BALANCE, end of 2009 67,287,575 $673 $285,490 $697,293 $965 $984,421
Refer to notes to consolidated financial statements.