Home » Financials » 2008 Annual Report
Consolidated Statements of Stockholders' Equity
| 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 SFAS No. 123(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 | ||
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| Balance, November 30, 2007 | 9,138,563 | $ 29,623 | $ 46,675 | $ — | $ 430,925 | $ (9,870) | $ (51,980) | $ 445,373 | ||
| Net income -- 2008 | — |
58,592 | 58,592 | |||||||
| Exercise of stock options | 28,750 | 72 | 348 | 420 | ||||||
| Foreign currency translation adjustment | — | (11,860) | (11,860) | |||||||
| Defined benefit pension plans, net of tax | — | |||||||||
| Net prior service cost | — | (200) | (200) | |||||||
| Net actuarial loss | — | (8,666) | (8,666) | |||||||
| Forfeiture of restricted stock | — | 91 | (91) | |||||||
| Comprehensive income from joint venture | — | (879) | (879) | |||||||
| Cash dividends on Common Stock | — | (10,549) | (10,549) | |||||||
| Stock compensation expense | — | 76 | 76 | |||||||
| Issuance of restricted stock | 44,200 | 110 | (110) | |||||||
| Excess tax benefit related to stock-based compensation |
— | 1,330 | 1,330 | |||||||
| Restricted stock compensation expense | — | 6,037 | 6,037 | |||||||
| Treasury stock purchase | (22,821) | (2,554) | (2,554) | |||||||
| Balance,November 30, 2008 | 9,188,692 | $ 29,805 | $ 54,447 | $ — | $ 478,968 | $ (31,475) | $ (54,625) | $ 477,120 | ||
