LabCorp 2014 Annual Report Download - page 85
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F-6
LABORATORY CORPORATION OF AMERICA HOLDINGS AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(In Millions)
Common
Stock
Additional
Paid-in
Capital Retained
Earnings Treasury
Stock
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity
BALANCE AT DECEMBER 31, 2011 $ 11.7 $ — $ 3,387.2 $ (940.9) $ 45.5 $ 2,503.5
Net earnings attributable to Laboratory Corporation of America
Holdings — — 583.1 — — 583.1
Other comprehensive earnings, net of tax ———— 23.9 23.9
Issuance of common stock under employee stock plans 0.1 85.1 — — — 85.2
Surrender of restricted stock and performance share awards — — — (10.9) — (10.9)
Conversion of zero-coupon convertible debt ———— — —
Stock compensation — 40.7 — — — 40.7
Income tax benefit from stock options exercised — 8.4 — — — 8.4
Purchase of common stock (0.5) (134.2) (381.8) — — (516.5)
BALANCE AT DECEMBER 31, 2012 $ 11.3 $ — $ 3,588.5 $ (951.8) $ 69.4 $ 2,717.4
Net earnings attributable to Laboratory Corporation of America
Holdings — — 573.8 — — 573.8
Other comprehensive earnings, net of tax ———— (3.2) (3.2)
Issuance of common stock under employee stock plans 0.2 173.8 — — — 174.0
Surrender of restricted stock and performance share awards — — — (7.1) — (7.1)
Conversion of zero-coupon convertible debt — 4.1 — — — 4.1
Stock compensation — 37.3 — — — 37.3
Income tax benefit from stock options exercised — 10.6 — — — 10.6
Purchase of common stock (1.0) (225.8) (788.8) — — (1,015.6)
BALANCE AT DECEMBER 31, 2013 $ 10.5 $ — $ 3,373.5 $ (958.9) $ 66.2 $ 2,491.3
Net earnings attributable to Laboratory Corporation of America
Holdings — — 511.2 — — 511.2
Other comprehensive earnings, net of tax ————(76.7) (76.7)
Issuance of common stock under employee stock plans 0.2 114.6 — — — 114.8
Surrender of restricted stock and performance share awards — — — (6.6) — (6.6)
Conversion of zero-coupon convertible debt — 3.9 — — — 3.9
Stock compensation — 45.7 — — — 45.7
Income tax benefit from stock options exercised — 5.9 — — — 5.9
Purchase of common stock (0.3) (170.1) (98.6) — — (269.0)
BALANCE AT DECEMBER 31, 2014 $ 10.4 $ — $ 3,786.1 $ (965.5) $ (10.5) $ 2,820.5
The accompanying notes are an integral part of these consolidated financial statements.