EX-13.(A)(IV) 8 c59555ex13-aiv.txt CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY 1 EXHIBIT 13(a)(iv) CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY -------------------------------------------------------------------------------- FOR THE YEARS ENDED NOVEMBER 30, 2000, 1999 AND 1998 (Dollars in thousands except per share data)
Common Stock ---------------------------------------------- Number of Shares Amount ------------------------ -------------------- Capital in In In Excess of Issued Treasury Issued Treasury Par Value ========================================================================================================================== Balance, November 30, 1997 ........................... 24,243,603 -- $16,162 $ -- $ 2,857 -------------------------------------------------------------------------------------------------------------------------- Net earnings ......................................... -- -- -- -- -- Other comprehensive earnings: Translation adjustments ........................... -- -- -- -- -- Total comprehensive earnings....................... Purchase of treasury stock ........................... -- (528,691) -- (8,447) -- Retirement of treasury stock ......................... (528,691) 528,691 (529) 8,447 (5,553) Stock split .......................................... -- -- 8,145 -- -- Stock options exercised .............................. 212,260 -- 154 -- 2,391 Issuance of stock under award plans .................. 22,186 -- 17 -- 461 Cash dividends - $0.4425 per common share .................................. -- -- -- -- -- -------------------------------------------------------------------------------------------------------------------------- Balance, November 30, 1998 ........................... 23,949,358 -- 23,949 -- 156 -------------------------------------------------------------------------------------------------------------------------- Net earnings ......................................... -- -- -- -- -- Other comprehensive earnings: Translation adjustments ........................... -- -- -- -- -- Total comprehensive earnings ...................... Purchase of treasury stock ........................... -- (50,000) -- (897) -- Retirement of treasury stock ......................... (50,000) 50,000 (50) 897 (455) Stock options exercised .............................. 82,344 -- 83 -- 740 Issuance of stock under award plans ....................................... 38,020 -- 38 -- 507 Cash dividends - $0.4525 per common share .................................. -- -- -- -- -- -------------------------------------------------------------------------------------------------------------------------- Balance, November 30, 1999 ........................... 24,019,722 -- 24,020 -- 948 -------------------------------------------------------------------------------------------------------------------------- Net earnings ......................................... -- -- -- -- -- Other comprehensive earnings: Translation adjustments ........................... -- -- -- -- -- Total comprehensive earnings ...................... Business acquisition ................................. 160,704 -- 161 -- 2,734 Stock options exercised .............................. 182,479 -- 182 -- 1,898 Issuance of stock under award plans ....................................... 18,402 -- 18 -- 120 Cash dividends - $0.4625 per common share .................................. -- -- -- -- -- -------------------------------------------------------------------------------------------------------------------------- Balance, November 30, 2000 ........................... 24,381,307 -- $24,381 $ -- $ 5,700 ========================================================================================================================== Accumulated Other Comprehensive Retained Earnings Earnings Total ======================================================================================== Balance, November 30, 1997 .................. $ (2,700) $154,843 $171,162 ---------------------------------------------------------------------------------------- Net earnings ................................ -- 32,079 32,079 Other comprehensive earnings: Translation adjustments .................. (293) -- (293) -------- Total comprehensive earnings.............. 31,786 -------- Purchase of treasury stock .................. -- -- (8,447) Retirement of treasury stock ................ -- (2,365) -- Stock split ................................. -- (8,145) -- Stock options exercised ..................... -- -- 2,545 Issuance of stock under award plans ......... -- -- 478 Cash dividends - $0.4425 per common share ......................... -- (10,717) (10,717) ---------------------------------------------------------------------------------------- Balance, November 30, 1998 .................. (2,993) 165,695 186,807 ---------------------------------------------------------------------------------------- Net earnings ................................ -- 35,412 35,412 Other comprehensive earnings: Translation adjustments .................. (1,158) -- (1,158) -------- Total comprehensive earnings.............. 34,254 -------- Purchase of treasury stock .................. -- -- (897) Retirement of treasury stock ................ -- (392) -- Stock options exercised ..................... -- -- 823 Issuance of stock under award plans .............................. -- -- 545 Cash dividends - $0.4525 per common share ......................... -- (10,814) (10,814) ---------------------------------------------------------------------------------------- Balance, November 30, 1999 .................. (4,151) 189,901 210,718 ---------------------------------------------------------------------------------------- Net earnings ................................ -- 40,237 40,237 Other comprehensive earnings: Translation adjustments .................. (2,768) -- (2,768) -------- Total comprehensive earnings.............. 37,469 -------- Business acquisition ........................ -- -- 2,895 Stock options exercised ..................... -- -- 2,080 Issuance of stock under award plans .............................. -- -- 138 Cash dividends - $0.4625 per common share ......................... -- (11,207) (11,207) -------------------------------------------------------------------------------------- Balance, November 30, 2000 .................. $ (6,919) $218,931 $242,093 ======================================================================================
The accompanying notes are an integral part of the consolidated financial statements. 14 CLARCOR