Cabela's 2011 Annual Report Download - page 82

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72
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)
Treasury
Stock Tot al
BALANCE, beginning of 2009 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 3 2,250 - - - 2,253
Exercise of employee stock options 235,884 2 2,091 - - - 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
Effect of adopting ASC Topics 810 and 860, net
of tax - - - (89,158) (3,650) - (92,808)
Comprehensive income:
Net income - - - 112,159 - - 112,159
Unrealized loss on economic development
bonds, net of taxes of $(390) - - - - (694) - (694)
Derivative adjustment, net of taxes of $2 - - - - 10 - 10
Foreign currency translation adjustment - - - - 793 - 793
Total comprehensive income 112,268
Stock-based compensation - - 10,879 - - - 10,879
Employee stock purchase plan issuances 130,034 1 2,220 - - - 2,221
Exercise of employee stock options 738,545 7 5,940 - - - 5,947
Tax benefit on employee stock option exercises - - 1,620 - - - 1,620
BALANCE, end of 2010 68,156,154 681 306,149 720,294 (2,576) - 1,024,548
Comprehensive income:
Net income - - - 142,620 - - 142,620
Unrealized gain on economic development
bonds, net of taxes of $3,225 - - - - 5,865 - 5,865
Derivative adjustment, net of taxes of $(89) - - - - (170) - (170)
Foreign currency translation adjustment - - - - (388) - (388)
Total comprehensive income 147,927
Common stock repurchased - - - - - (20,287) (20,287)
Stock-based compensation - - 12,484 - - - 12,484
Exercise of employee stock options and tax
withholdings on share-based payment awards 1,485,664 15 12,854 - - 337 13,206
Tax benefit on employee stock option exercises - - 3,438 - - - 3,438
BALANCE, end of 2011 69,641,818 $ 696 $ 334,925 $ 862,914 $ 2,731 $ (19,950) $ 1,181,316
Refer to notes to consolidated financial statements.