Consolidated Statements of Stockholders’ Equity
(In thousands; amounts in Dollars except share data) Accumulated
Additional Other
Common Stock Treasury Paid-In Unearned Retained Comprehensive
Shares Amount Stock Capital Compensation Earnings Income (loss) Total
Balance at December 31, 1999 26,483 27 (6,231 ) 55,256 (554 ) 49,091 23 97,612
      Net income — — — — — 28,076 — 28,076
      Foreign currency translation — — — — — — (342 ) (342 )
      Comprehensive income, net of tax — — — — — — — 27,734
      Treasury stock, 396 shares of
             Common stock — — (4,377 ) — — — — (4,377 )
      Unearned compensation — — — — (295 ) — — (295 )
      Exercise of stock options
             including tax benefit of $675 180 — — 2,253 — — — 2,253
      Employee stock purchase plan 26 — — 268 — — — 268
Balance at December 31, 2000 26,689 27 (10,608 ) 57,777 (849 ) 77,167 (319 ) 123,195
      Net income — — — — — 35,444 — 35,444
      Foreign currency translation — — — — — — 38 38
      Interest rate swaps — — — — — — (662 ) (662 )
      Comprehensive income, net of tax — — — — — — — 34,820
      Treasury stock, 794 shares of
             Common stock — — (16,959 ) — — — — (16,959 )
      Unearned compensation — — — — (60 ) — — (60 )
      Exercise of stock options
             including tax benefit of $1,567 256 — — 3,223 — — — 3,223
      Employee stock purchase plan 22 — — 353 — — — 353
Balance at December 31, 2001 26,967 27 (27,567 ) 61,353 (909 ) 112,611 (943 ) 144,572
      Net income —   —   —   — —   41,303   —   41,303  
      Foreign currency translation —   —   —   — —   —   372   372  
      Interest rate swaps —   —   —   — —   —   662   662  
                           
      Comprehensive income, net of tax —   —   —   — —   —   —   42,337  
      Treasury stock, 1,814 shares of
             Common stock —   —   (47,504 ) — —   —   —   (47,504 )
      Retirement of treasury shares (3,812 ) (4 ) 75,071   — —   (75,067 ) —   —  
      Unearned compensation —   —   —   — 334   —   —   334  
      Exercise of stock options
             including tax benefit of $996 104   —   —   1,616 —   —   —   1,616  
      Employee stock purchase plan 22   —   —   495 —   —   —   495  
      Conversion of convertible debt 314   —   —   91 —   —   —   91  
Balance at December 31, 2002 23,595   23   —   63,555 (575 ) 78,847   91   141,941  

The accompanying Notes are an integral part of these Consolidated Financial Statements.

 

 

 

 

4