Annual Report 2012 - Thecorporatelibrary.net

Stein Mart, Inc.
Consolidated Statements of Shareholders’ Equity
(In thousands)
Accumulated
Additional Other Total
Common Stock
Paid-in Retained Comprehensive Shareholders’
Shares Amount Capital Earnings Income (Loss) Equity
Balance at January 30, 2010
As previously reported 42,872 $ 429 $ 15,977 $ 198,705 $ 578 $ 215,689
Adjustments (1) - - - (17,703) - (17,703)
As restated 42,872 429 15,977 181,002 578 197,986
Net income 56,686 56,686
Other comprehensive loss, net of tax (122) (122)
Common shares issued under stock option plan 912 9 737 746
Common shares issued under employee stock purchase plan 145 1 765 766
Reacquired shares (871) (8) (7,094) (7,102)
Issuance of restricted stock, net 1,339 13 (13) -
Share-based compensation 3,759 3,759
Tax benefit from equity issuances 6,995 6,995
Cash dividends paid ($0.50 per share) (22,233) (22,233)
Balance at January 29, 2011 (Restated) (1) 44,397 444 21,126 215,455 456 237,481
Net income 19,931 19,931
Other comprehensive loss, net of tax (1,875) (1,875)
Common shares issued under stock option plan 270 3 2,147 2,150
Common shares issued under employee stock purchase plan 112 1 740 741
Reacquired shares (1,654) (17) (12,124) (12,141)
Issuance of restricted stock, net 464 5 (5) -
Share-based compensation 3,821 3,821
Tax deficiency from equity issuances (437) (437)
Balance at January 28, 2012 (Restated) (1) 43,589 436 15,268 235,386 (1,419) 249,671
Net income 25,027 25,027
Other comprehensive income, net of tax 950 950
Common shares issued under stock option plan 24 - 100 100
Common shares issued under employee stock purchase plan 64 1 370 371
Reacquired shares (575) (6) (3,933) (3,939)
Issuance of restricted stock, net 706 7 (7) -
Share-based compensation 6,203 6,203
Tax deficiency from equity issuances (510) (510)
Cash dividends paid ($1.00 per share) (43,839) (43,839)
Balance at February 2, 2013 43,808 $ 438 $ 17,491 $ 216,574 $ (469) $ 234,034
(1) As described in Note 2 to these Consolidated Financial Statements, we have restated the Consolidated Financial Statements.
The accompanying notes are an integral part of these consolidated financial statements.
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