Humana 2003 Annual Report Download - page 69

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Humana Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Common Stock Capital In
Excess of
Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Unearned
Stock
Compensation
Treasury
Stock
Total
Stockholders’
Equity
Issued
Shares Amount
(in thousands)
Balances, January 1, 2001 ....... 170,889 $28,482 $922,621 $460,951 $ (8,509) $(29,177) $ (13,947) $1,360,421
Comprehensive income: .........
Net income ................. — — — 117,171 — — — 117,171
Other comprehensive income: . .
Net unrealized investment
gains, net of $12,847 tax . . — — — — 20,179 — — 20,179
Comprehensive income ..... 137,350
Common stock repurchases ...... — — — — — — (1,867) (1,867)
Restricted stock grants
(forfeitures), net ............. (433) (72) (1,699) — — 815 956 —
Restricted stock amortization ..... — — — — — 9,492 — 9,492
Restricted stock market value
adjustment ................. — — (988) — — 988 — —
Stock option exercises .......... 237 39 1,776 — — — (81) 1,734
Stock option tax benefit ......... — — 261 — — — — 261
Other stock compensation ....... — — 468 — — — 90 558
Balances, December 31, 2001 .... 170,693 28,449 922,439 578,122 11,670 (17,882) (14,849) 1,507,949
Comprehensive income: .........
Net income ................. — — — 142,755 — — — 142,755
Other comprehensive income: . .
Net unrealized investment
gains, net of $6,465 tax . . . — — — — 10,785 — — 10,785
Comprehensive income ..... 153,540
Common stock repurchases ...... — — — — — — (74,035) (74,035)
Restricted stock forfeitures ....... (331) (55) (2,317) — — 2,372 —
Restricted stock amortization ..... — — — — — 8,994 — 8,994
Stock option exercises .......... 973 162 8,370 — — — (1,206) 7,326
Stock option tax benefit ......... — — 2,204 — — — — 2,204
Other stock compensation ....... — — 393 — — — 103 496
Balances, December 31, 2002 .... 171,335 28,556 931,089 720,877 22,455 (6,516) (89,987) 1,606,474
Comprehensive income: .........
Net income ................. — — — 228,934 — — — 228,934
Other comprehensive loss: .....
Net unrealized investment
losses, net of ($3,531) tax . . — — — — (5,546) — — (5,546)
Comprehensive income ..... 223,388
Common stock repurchases ...... — — — — — — (44,147) (44,147)
Restricted stock forfeitures ....... (72) (13) (527) — — 540 — —
Restricted stock amortization ..... — — — — — 5,808 — 5,808
Stock option exercises .......... 2,646 441 27,598 — — — — 28,039
Stock option and restricted stock
tax benefit .................. — — 15,858 — — — — 15,858
Other stock compensation ....... — — 957 — — (586) 158 529
Balances, December 31, 2003 .... 173,909 $28,984 $974,975 $949,811 $16,909 $ (754) $(133,976) $1,835,949
The accompanying notes are an integral part of the consolidated financial statements.
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