Humana 2009 Annual Report Download - page 80

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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, 2007 ................ 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, net
of tax expense of $20,363 ........... — — — — 34,583 — 34,583
Reclassification adjustment for net
realized gains included in net earnings,
net of tax expense of $4,311 ......... — — — — (7,357) — (7,357)
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 loss:
Net unrealized investment losses, net of
tax benefit of $136,967 ............. — — — — (239,591) — (239,591)
Reclassification adjustment for net
realized losses included in net earnings,
net of tax benefit of $29,090 ......... — — — — 50,327 — 50,327
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
Comprehensive income:
Net income .......................... — — — 1,039,675 — — 1,039,675
Other comprehensive income:
Net unrealized investment gains, net of
tax expense of $131,229 ............ — — — — 229,724 — 229,724
Reclassification adjustment for net
realized gains included in net earnings,
net of tax expense of $7,137 ......... — — — — (12,346) — (12,346)
Comprehensive income .............. 1,257,053
Common stock repurchases ............... — — — — — (22,841) (22,841)
Stock-based compensation ................ — — 65,870 — — — 65,870
Restricted stock grants ................... 978 163 — — — — 163
Restricted stock forfeitures ................ (87) (14) 14 — — — —
Stock option exercises ................... 1,053 176 18,173 — — — 18,349
Stock option and restricted stock tax benefit . . — — 219 — — — 219
Balances, December 31, 2009 ............. 189,801 $31,634 $1,658,521 $4,429,611 $ 42,135 $(385,898) $5,776,003
The accompanying notes are an integral part of the consolidated financial statements.
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