Humana 2008 Annual Report Download - page 77
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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, 2006 ..............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
Comprehensive income:
Net income ....................... — — — 833,684 — — 833,684
Other comprehensive income:
Net unrealized investment gains and
other, net of $16,052 tax ......... — — — — 27,226 — 27,226
Comprehensive income ............ 860,910
Common stock repurchases ............. — — — — — (27,412) (27,412)
Stock-based compensation ............. — — 42,132 — — — 42,132
Restricted stock grants ................ 852 142 — — — — 142
Restricted stock forfeitures ............. (64) (11) 8 — — — (3)
Stock option exercises ................. 3,003 501 61,528 — — — 62,029
Stock option and restricted stock tax
benefit ........................... — — 37,253 — — — 37,253
Balances, December 31, 2007 ...........186,739 31,123 1,497,998 2,742,782 14,021 (256,987) 4,028,937
Comprehensive income:
Net income ....................... — — — 647,154 — — 647,154
Other comprehensive income:
Net unrealized investment losses and
other, net of $(107,877) tax ....... — — — — (189,264) — (189,264)
Comprehensive income ............ 457,890
Common stock repurchases ............. — — — — — (106,070) (106,070)
Stock-based compensation ............. — — 55,369 — — — 55,369
Restricted stock grants ................ 667 111 — — — — 111
Restricted stock forfeitures ............. (83) (14) 12 — — — (2)
Stock option exercises ................. 534 89 11,331 — — — 11,420
Stock option and restricted stock tax
benefit ........................... — — 9,535 — — — 9,535
Balances, December 31, 2008 ...........187,857 $31,309 $1,574,245 $3,389,936 $(175,243) $(363,057) $4,457,190
The accompanying notes are an integral part of the consolidated financial statements.
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