Lowe's 2001 Annual Report Download - page 29

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Lo we’s Co mpanies, Inc.
27
Unearned Accumulated
Capital in Compensatio n Other To tal
Commo n Sto ck Excess of Retained Restricted Comprehensive Shareholders’
( In Tho usands) Shares Amo unt Par Value Earnings Sto ck Awards Inc o me ( Lo ss) Equity
Balance January 29, 1999 748,776 $ 374,388 $1,138,622 $2,136,727 $ ( 30,387) $ 417 $ 3,619,767
Co mprehensive Inco me:
Net Earnings 672,795
Other co mprehensive inc o me, net
of inco me taxes and reclassificatio n
adjustments: unrealized lo ss o n
available- fo r-sale securities ( No te 10) ( 837)
To tal Co mprehensive Income 671,958
Tax Effect of No n-qualified
Sto ck Optio ns Exercised 9,888 9, 888
Cash Dividends ( 47,558) ( 47,558)
Co mmo n Sto c k Offering 12,414 6,206 342,094 348,300
Emplo yee Sto ck Optio ns Exercised ( No te 10) 1,664 832 20, 204 21,036
Sto ck Issued to ESOP ( Notes 12 and 15) 2, 156 1, 078 58,434 59,512
Shares Issued to Directo rs ( No te 10) 32 16 35 51
Unearned Compensation —
Re stricted Sto ck Awards ( No te 10) (324) ( 162) ( 4,840) 17,519 12,517
Balance January 28, 2000 764,718 $ 382,358 $1,564,437 $2,761,964 $ ( 12,868) $ ( 420) $ 4,695,471
Co mprehensive Inco me:
Net Earnings 809,871
Other co mprehensive inc o me, net
of inco me taxes and reclassificatio n
adjustments: unrealized g ain o n
available- fo r-sale securities ( No te 10) 871
To tal Co mprehensive Income 810,742
Tax Effect of No n-qualified
Sto ck Optio ns Exercised 7,465 7, 465
Cash Dividends ( 53,479) ( 53,479)
Emplo yee Sto ck Optio ns Exercised ( No te 10) 1,256 628 11, 432 12, 060
Directo rs’ Sto ck Optio ns Exercised ( No te 10) 144 72 358 430
Emplo yee Sto ck Purchase Plan ( No te 10) 874 438 14,451 14,889
Unearned Compensation —
Re stricted Sto ck Awards ( No te 10) (508) ( 254) ( 2,995) 10,556 7, 307
Balance February 2, 2001 766,484 $ 383,242 $1,595,148 $3,518,356 $ ( 2,312) $ 451 $ 5,494,885
Co mprehensive Inco me:
Net Earnings 1,023,262
Other co mprehensive inc o me, net
of inco me taxes and reclassificatio n
adjustments: unrealized g ain o n
available- fo r-sale securities ( No te 10) 239
To tal Co mprehensive Income 1, 023,501
Tax Effect of No n-qualified
Sto ck Optio ns Exercised 35,019 35,019
Cash Dividends ( 59,884) ( 59,884)
Emplo yee Sto ck Optio ns Exercised ( No te 10) 5,622 2, 811 74,709 77,520
Directo rs’ Sto ck Optio ns Exercised ( No te 10) 32 16 87 103
Sto ck Issued to ESOP (No tes 12 and 15) 1,946 973 62, 476 63, 449
Emplo yee Sto ck Purchase Plan ( No te 10) 1, 688 844 37,093 37,937
Unearned Compensation —
Re stricted Sto ck Awards ( No te 10) (58) ( 29) ( 371) 2, 312 1,912
Balance February 1, 2002 775,714 $ 387,857 $1,804,161 $4,481,734 $ – $ 690 $ 6,674,442
Se e acco mpanying note s to co nso lidate d financial stat e me nts.
Lo we’s Co mpanies, Inc.
Co nso lidated Statements of Shareho lders’ Equity