Home » Financials » 2007 Annual Report
Consolidated Statements of Stockholders' Equity
| Common Stock | |||||||||
| (Dollars in thousands) | Shares Outstanding |
Amount | Additional Paid-in Capital |
Unearned Restricted Stock |
Retained Earnings |
Accumulated Other Comprehensive loss |
Treasury Stock |
Total | |
| Balance, November 30, 2004 | 8,431,471 | $27,745 | $ 21,903 | $ (2,300) | $ 301,013 | $(20,420) | $(48,774) | $ 279,167 | |
| Net income - 2005 | 32,610 | 32,610 | |||||||
| Exercise of stock options | 239,318 | 599 | 4,701 | 5,300 | |||||
| Foreign currency translation adjustment | (10,329) | (10,329) | |||||||
| Minimum pension liability adjustment, net of tax | (5,209) | (5,209) | |||||||
| Comprehensive income from joint venture | (366) | (366) | |||||||
| Cash dividends on common stock | (6,828) | (6,828) | |||||||
| Stock compensation expense | 899 | 899 | |||||||
| Issuance of restricted stock | 42,500 | 106 | 1,433 | (1,539) | --- | ||||
| Restricted stock compensation expense | 1,755 | 1,755 | |||||||
| Treasury stock purchase | (15,141) | (501) | (501) | ||||||
| | |||||||||
| November 30, 2005 balance | 8,698,148 | $28,450 | $ 28,936 | $ (2,084) | $ 326,795 | $(36,324) | $(49,275) | $ 296,498 | |
| Net income - 2006 | 52,200 | 32,610 | |||||||
| Exercise of stock options | 347,283 | 853 | 7,032 | 109 | 7,994 | ||||
| Foreign currency translation adjustment | 2,330 | 2,330 | |||||||
| Minimum pension liability adjustment, net of tax | 6,314 | 6,314 | |||||||
| Comprehensive income from joint venture | 448 | 448 | |||||||
| Cash dividends on common stock | (7,101) | (7,101) | |||||||
| Stock compensation expense | 151 | 151 | |||||||
| Issuance of restricted stock | 51,000 | 128 | (128) | --- | |||||
| Excess tax benefit related to stock-based compensation | 2,469 | 1,755 | 2,469 | ||||||
| Restricted stock compensation expense | 3,124 | 3,124 | |||||||
| Treasury stock purchase | (21,337) | (1,202) | (1,202) | ||||||
| Reclassification of unearned restricted stock under FAS123(R) | (2,084) | 2,084 | --- | ||||||
| | |||||||||
| Balance, November 30, 2006 | 9,075,094 | $ 29,431 | $ 39,500 | $ — | $ 371,894 | $ (27,232) | $ (50,368) | $ 363,225 | |
| Net income -- 2007 | 67,239 | 67,239 | |||||||
| Exercise of stock options | 49,125 | 106 | 1,456 | 1,562 | |||||
| Foreign currency translation adjustment | — | 8,210 | 8,210 | ||||||
| Minimum pension liability adjustment, net of tax | 15,237 | 15,237 | |||||||
| Adjustment for initial adoption of SFAS No. 158, net of tax | (6,035) | (6,035) | |||||||
| Comprehensive income from joint venture | — | (50) | (50) | ||||||
| Cash dividends on Common Stock | — | (8,208) | (8,208) | ||||||
| Stock compensation expense | — | 103 | 103 | ||||||
| Issuance of restricted stock | 34,550 | 86 | (86) | ||||||
| Excess tax benefit related to stock-based compensation | — | 1,955 | 1,955 | ||||||
| Restricted stock compensation expense | — | 3,747 | 3,747 | ||||||
| Treasury stock purchase | (20,206) | (1,612) | (1,612) | ||||||
| Balance,November 30, 2007 | 9,138,563 | $ 29,623 | $ 46,675 | $ — | $ 430,925 | $ (9,870) | $ (51,980) | $ 445,373 | |
