 |
|
|
 |
|
 |
 |
|
 |
|
 |
|
| |
|
|
|
|
|
|
| Convertible preferred stock |
|
|
|
|
|
|
|
Balance, beginning of year |
$ |
980 |
|
$ |
980 |
|
$ |
– |
|
|
Conversion of preferred to common stock |
– |
|
(980 |
) |
– |
|
|
|
|
Balance, end of year |
980 |
|
– |
|
– |
|
|
| Common stock and paid-in capital |
|
|
|
|
|
|
|
Balance, beginning of year |
8,025 |
|
13,844 |
|
23,195 |
|
|
Common stock issued |
2,338 |
|
3,554 |
|
5,154 |
|
|
Common stock repurchased |
(64 |
) |
(210 |
) |
(394 |
) |
|
Sales/(repurchases) of put warrants |
766 |
|
472 |
|
(1,367 |
) |
|
Stock option income tax benefits |
3,107 |
|
5,535 |
|
2,066 |
|
|
Other, net |
(328 |
) |
– |
|
(264 |
) |
|
|
|
Balance, end of year |
13,844 |
|
23,195 |
|
28,390 |
|
|
| Retained earnings |
|
|
|
|
|
|
|
Balance, beginning of year |
7,622 |
|
13,614 |
|
18,173 |
|
|
|
Net income |
7,785 |
|
9,421 |
|
7,346 |
|
|
Other comprehensive income: |
|
|
|
|
|
|
|
|
Cumulative effect of accounting change |
– |
|
– |
|
(75 |
) |
|
|
Net gains on derivative instruments |
– |
|
– |
|
634 |
|
|
|
Net unrealized investment gains/(losses) |
1,052 |
|
(283 |
) |
(1,460 |
) |
|
|
Translation adjustments and other |
69 |
|
23 |
|
(39 |
) |
|
|
|
|
Comprehensive income |
8,906 |
|
9,161 |
|
6,406 |
|
|
Preferred stock dividends |
(28 |
) |
(13 |
) |
– |
|
|
Immaterial pooling of interests |
– |
|
97 |
|
– |
|
|
Common stock repurchased |
(2,886 |
) |
(4,686 |
) |
(5,680 |
) |
|
|
|
Balance, end of year |
13,614 |
|
18,173 |
|
18,899 |
|
|
|
|
|
Total stockholders’ equity |
$ |
28,438 |
|
$ |
41,368 |
|
$ |
47,289 |
|
|
See accompanying notes. |
|
|
