Humana 2006 Annual Report Download - page 75

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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)
Treasury
Stock
Total
Stockholders’
Equity
Issued
Shares Amount
(in thousands)
Balances, January 1, 2004 ........ 173,909 $28,984 $1,102,057 $ 854,998 $ 16,909 $(133,976) $1,868,972
Comprehensive income:
Net income ................. — — — 269,947 — — 269,947
Other comprehensive loss:
Net unrealized investment
losses, net of $(243) tax . . . — — — — (383) — (383)
Comprehensive income ...... 269,564
Common stock repurchases ....... — — — — — (67,024) (67,024)
Stock-based compensation ....... — — 20,492 — — — 20,492
Restricted stock grants .......... 37 6 — — — — 6
Stock option exercises ........... 2,099 350 29,613 — — — 29,963
Stock option and restricted stock
tax benefit .................. — — 2,275 — — — 2,275
Balances, December 31, 2004 ..... 176,045 29,340 1,154,437 1,124,945 16,526 (201,000) 2,124,248
Comprehensive income:
Net income ................. — — — 296,730 — — 296,730
Other comprehensive income:
Net unrealized investment
gains, net of $4,441 tax .... — — — — 8,306 — 8,306
Comprehensive income ...... 305,036
Common stock repurchases ....... — — — — — (2,364) (2,364)
Stock-based compensation ....... — — 30,153 — — — 30,153
Restricted stock grants .......... 525 88 (83) — — — 5
Restricted stock forfeitures ....... (16) (3) 3 — — — —
Stock option exercises ........... 2,509 418 35,960 — — — 36,378
Stock option and restricted stock
tax benefit .................. — — 15,418 — — — 15,418
Balances, December 31, 2005 ..... 179,063 29,843 1,235,888 1,421,675 24,832 (203,364) 2,508,874
Comprehensive income:
Net income ................. — — — 487,423 — — 487,423
Other comprehensive loss:
Net unrealized investment
losses, net of $(20,853)
tax .................... — — — — (34,608) — (34,608)
Comprehensive income ...... 452,815
Adjustment to initially apply SFAS
158, net of $(2,064) tax ........ — — — — (3,429) — (3,429)
Common stock repurchases ....... — — — — — (26,211) (26,211)
Stock-based compensation ....... — — 32,558 — — — 32,558
Restricted stock grants .......... 728 121 — — — — 121
Restricted stock forfeitures ....... (68) (11) 8 — — — (3)
Stock option exercises ........... 3,225 538 49,982 — — — 50,520
Stock option and restricted stock
tax benefit .................. — — 38,641 — — — 38,641
Balances, December 31, 2006 ..... 182,948 $30,491 $1,357,077 $1,909,098 $(13,205) $(229,575) $3,053,886
The accompanying notes are an integral part of the consolidated financial statements.
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