EX-13.(A)(IV) 6 c73959exv13wxayxivy.txt CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY EXHIBIT 13(a)(iv) CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY FOR THE YEARS ENDED NOVEMBER 30, 2002, 2001 AND 2000 (DOLLARS IN THOUSANDS EXCEPT PER SHARE DATA)
Common Stock Accumulated ---------------------------- Capital in Other Number of Amount Excess of Comprehensive Retained Shares Issued Issued Par Value Earnings Earnings Total ------------- ------------ ------------ ------------- ------------ ----------- Balance, November 30, 1999 ................. 24,019,722 $ 24,020 $ 948 $ (4,151) $ 189,901 $ 210,718 ------------ ------------ ------------ ------------ ------------ ----------- Net earnings ............................... -- -- -- -- 40,237 40,237 Other comprehensive earnings, net of tax: Translation adjustments ............... -- -- -- (2,768) -- (2,768) ----------- Total comprehensive earnings .......... 37,469 ----------- Business acquisition ....................... 160,704 161 2,734 -- -- 2,895 Stock options exercised .................... 182,479 182 1,898 -- -- 2,080 Issuance of stock under award plans ........................... 18,402 18 120 -- -- 138 Cash dividends - $0.4625 per common share ...................... -- -- -- -- (11,207) (11,207) ------------ ------------ ------------ ------------ ------------ ----------- Balance, November 30, 2000 ................. 24,381,307 24,381 5,700 (6,919) 218,931 242,093 ------------ ------------ ------------ ------------ ------------ ----------- Net earnings ............................... -- -- -- -- 41,893 41,893 Other comprehensive earnings, net of tax: Cumulative effect of accounting change ................. -- -- -- (769) -- (769) Unrealized losses on derivative ....... -- -- -- (1,137) -- (1,137) Translation adjustments ............... -- -- -- (354) -- (354) ----------- Total comprehensive earnings .......... 39,633 ----------- Stock options exercised .................... 246,424 246 3,223 -- -- 3,469 Issuance of stock under award plans ........................... 10,618 11 642 -- -- 653 Forfeiture of stock under award plans ........................... (12,113) (12) -- -- -- (12) Cash dividends - $0.4725 per common share ...................... -- -- -- -- (11,575) (11,575) ------------ ------------ ------------ ------------ ------------ ----------- Balance, November 30, 2001 ................. 24,626,236 24,626 9,565 (9,179) 249,249 274,261 ------------ ------------ ------------ ------------ ------------ ----------- Net earnings ............................... -- -- -- -- 46,601 46,601 Other comprehensive earnings, net of tax: Minimum pension liability adjustment .. -- -- -- (1,122) -- (1,122) Unrealized gain on derivative ......... -- -- -- 1,906 -- 1,906 Translation adjustments ............... -- -- -- 2,208 -- 2,208 ----------- Total comprehensive earnings .......... 49,593 ----------- Stock options exercised .................... 278,969 279 2,438 -- -- 2,717 Issuance of stock under award plans ........................... 17,884 18 851 -- -- 869 Forfeiture of stock under award plans ........................... (4,475) (4) -- -- -- (4) Cash dividends - $0.4825 per common share ...................... -- -- -- -- (11,975) (11,975) ------------ ------------ ------------ ------------ ------------ ----------- Balance, November 30, 2002 ................. 24,918,614 $ 24,919 $ 12,854 $ (6,187) $ 283,875 $ 315,461 ============ ============ ============ ============ ============ ===========
The accompanying notes are an integral part of the consolidated financial statements.