|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
Accumulated |
|
|
|
| |
|
|
|
|
|
|
Additional |
|
|
|
others |
|
|
|
| |
In thousands except share data |
Common stock |
|
paid-in |
|
Retained |
|
comprehensive |
|
|
|
 |
|
 |
|
|
|
|
|
|
|
|
|
| |
Years ended December 31, 2003, 2002 and 2001 |
Shares |
|
|
Par value |
|
capital |
|
earnings |
|
income (loss) |
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Balance at December 31, 2000 |
102,902,326 |
|
$ |
1,029 |
|
36,872 |
|
333,049 |
|
(9,166 |
) |
361,784 |
|
| |
Exercise of stock options |
2,548,826 |
|
|
25 |
|
8,062 |
|
– |
|
– |
|
8,087 |
|
| |
Issuance of shares under stock purchase plan |
341,828 |
|
|
4 |
|
7,188 |
|
– |
|
– |
|
7,192 |
|
| |
Shares repurchased under provisions of stock repurchase plans |
(2,569,272 |
) |
|
(26 |
) |
(52,397 |
) |
(7,891 |
) |
– |
|
(60,314 |
) |
| |
Tax benefits from employee stock plans |
– |
|
|
– |
|
15,863 |
|
– |
|
– |
|
15,863 |
|
| |
Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Net earnings |
– |
|
|
– |
|
– |
|
97,243 |
|
– |
|
97,243 |
|
| |
|
Foreign currency translation adjustments,
net of deferred tax
credit of $2,597 |
– |
|
|
– |
|
– |
|
– |
|
(4,823 |
) |
(4,823 |
) |
|
|
| |
Total comprehensive income |
– |
|
|
– |
|
– |
|
– |
|
– |
|
92,420 |
|
|
|
| |
Dividends paid ($.10 per share) |
– |
|
|
– |
|
– |
|
(10,409 |
) |
– |
|
(10,409 |
) |
|
|
| |
Balance at December 31, 2001 |
103,223,708 |
|
$ |
1,032 |
|
15,588 |
|
411,992 |
|
(13,989 |
) |
414,623 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Exercise of stock options |
1,222,608 |
|
|
12 |
|
8,187 |
|
– |
|
– |
|
8,199 |
|
| |
Issuance of shares under stock purchase plan |
358,940 |
|
|
4 |
|
8,557 |
|
– |
|
– |
|
8,561 |
|
| |
Shares repurchased under provisions of stock repurchase plans |
(584,316 |
) |
|
(6 |
) |
(16,589 |
) |
– |
|
– |
|
(16,595 |
) |
| |
Tax benefits from employee stock plans |
– |
|
|
– |
|
5,958 |
|
– |
|
– |
|
5,958 |
|
| |
Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Net earnings |
– |
|
|
– |
|
– |
|
112,529 |
|
– |
|
112,529 |
|
| |
|
Foreign currency translation adjustments,
net of deferred tax
debit of $1,627 |
– |
|
|
– |
|
– |
|
– |
|
3,022 |
|
3,022 |
|
|
|
| |
Total comprehensive income |
– |
|
|
– |
|
– |
|
– |
|
– |
|
115,551 |
|
|
|
| |
Dividends paid ($.12 per share) |
– |
|
|
– |
|
– |
|
(12,485 |
) |
– |
|
(12,485 |
) |
|
|
| |
Balance at December 31, 2002 |
104,220,940 |
|
$ |
1,042 |
|
21,701 |
|
512,036 |
|
(10,967 |
) |
523,812 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Exercise of stock options |
965,636 |
|
|
10 |
|
9,599 |
|
– |
|
– |
|
9,609 |
|
| |
Issuance of shares under stock purchase plan |
435,252 |
|
|
4 |
|
10,411 |
|
– |
|
– |
|
10,415 |
|
| |
Shares repurchased under provisions of stock repurchase plans |
(565,374 |
) |
|
(5 |
) |
(20,100 |
) |
– |
|
– |
|
(20,105 |
) |
| |
Tax benefits from employee stock plans |
– |
|
|
– |
|
3,880 |
|
– |
|
– |
|
3,880 |
|
| |
Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Net earnings |
– |
|
|
– |
|
– |
|
121,952 |
|
– |
|
121,952 |
|
| |
|
Unrealized gains on securities, net of deferred tax debit of
$225 |
– |
|
|
– |
|
– |
|
– |
|
418 |
|
418 |
|
| |
|
Foreign currency translation adjustments,
net of deferred tax
debit of $6,619 |
– |
|
|
– |
|
– |
|
– |
|
12,292 |
|
12,292 |
|
|
|
| |
Total comprehensive income |
– |
|
|
– |
|
– |
|
– |
|
– |
|
134,662 |
|
|
|
| |
Dividends paid ($.16 per share) |
– |
|
|
– |
|
– |
|
(16,772 |
) |
– |
|
(16,772 |
) |
|
|
| |
Balance at December 31, 2003 |
105,056,454 |
|
$ |
1,051 |
|
25,491 |
|
617,216 |
|
1,743 |
|
645,501 |
|
|
|
| |
|
| |
|
| |
See accompanying notes to consolidated financial statements. |
| |
|
| |
Note: All share and per share amounts have been adjusted to
reflect a 2-for-1 stock split effected in June 2002.
 
|
|
|
|
 |
|
