Humana 2004 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, 2002...... 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
Comprehensive income:
Net income ............... — — — 280,012 — — — 280,012
Other comprehensive loss:
Net unrealized investment
losses, net of $(243)
tax .................. — — — — (383) — — (383)
Comprehensive income .... 279,629
Common stock repurchases .... — — — — — — (67,024) (67,024)
Restricted stock grants ........ 10 2 295 — — (295) — 2
Restricted stock amortization . . . — — — — — 173 — 173
Stock option exercises ........ 2,099 350 29,613 — — — — 29,963
Stock option and restricted stock
tax benefit ................ — — 7,585 — — — — 7,585
Other stock compensation ...... 27 4 4,688 — — (845) — 3,847
Balances, December 31, 2004... 176,045 $29,340 $1,017,156 $1,229,823 $16,526 $ (1,721) $(201,000) $2,090,124
The accompanying notes are an integral part of the consolidated financial statements.
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