Lowe's 2000 Annual Report Download - page 26

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Lowe’s Companies, Inc.
24
Unearned Accumulated
Capital in Compensation Other Total
Common Stock Excess of Retained Restricted Comprehensive Shareholders’
(In Thousands) Shares Amount Par Value Earnings Stock Awards Income (Loss) Equity
Balance January
30, 1998 369,238 $ 184,619 $1,148,367 $1,677,524 $ (32,694) $ 188 $ 2,978,004
Comprehensive Income:
Net Earnings
500,374
Other comprehensive income, net
of income taxes and reclassification
adjustments: unrealized gain on
available-for-sale securities (Note
9
)
229
Total Comprehensive Income
500,603
Tax Effect of Non-qualified
Stock Options Exercised
4,371 4,371
Cash Dividends
(41,171) (41,171)
Employee Stock Options Exercised (Note
9
)
676 338 12,853 13,191
Stock Issued to ESOP (Note
11
)
1,666 833 59,691 60,524
Conversion of Convertible Debt to Stock
3,060 1,530 84,862 86,392
Shares Issued to Directors (Note
9
)
12 6 469 475
Unearned Compensation — Restricted
Stock Awards (Note
9
)
(264) (132) 15,203 2,307 17,378
Balance January
29, 1999 374,388 187,194 1,325,816 2,136,727 (30,387) 417 3,619,767
Comprehensive Income:
Net Earnings
672,795
Other comprehensive income, net
of income taxes and reclassification
adjustments: unrealized loss on
available-for-sale securities (Note
9
)
(837)
Total Comprehensive Income
671,958
Tax Effect of Non-qualified
Stock Options Exercised
9,888 9,888
Cash Dividends
(47,558) (47,558)
Common Stock Offering
6,207 3,103 345,197 348,300
Employee Stock Options Exercised (Note
9
)
832 416 20,620 21,036
Stock Issued to ESOP (Note
11
)
1,078 539 58,973 59,512
Shares Issued to Directors (Note
9
)
16 8 43 51
Unearned Compensation —
Restricted Stock Awards (Note
9
)
(162) (81) (4,921) 17,519 12,517
Balance January
28, 2000 382,359 191,179 1,755,616 2,761,964 (12,868) (420) 4,695,471
Comprehensive Income:
Net Earnings
809,871
Other comprehensive income, net
of income taxes and reclassification
adjustments: unrealized gain on
available-for-sale securities (Note
9
)
871
Total Comprehensive Income
810,742
Tax Effect of Non-qualified
Stock Options Exercised
7,465 7,465
Cash Dividends
(53,479) (53,479)
Employee Stock Options Exercised (Note
9
)
628 314 11,746 12,060
Directors’ Stock Options Exercised
72 36 394 430
Employee Stock Purchase Plan (Note
9
)
437 219 14,670 14,889
Unearned Compensation — Restricted
Stock Awards (Note
9
)
(254) (127) (3,122) 10,556 7,307
Balance February
2, 2001 383,242 $ 191,621 $1,786,769 $3,518,356 $ (2,312) $ 451 $ 5,494,885
See accompanying notes to consolidated financial statements.
Lowe’s Companies, Inc.
Consolidated Statements of Shareholders’ Equity