MEDIA
GENERAL, INC., CONSOLIDATED STATEMENTS OF
STOCKHOLDERS’ EQUITY
(In thousands, except
shares and per share amounts)
Annual Report Index
| FINANCIALS MEDIA
GENERAL, INC., CONSOLIDATED STATEMENTS OF
STOCKHOLDERS’ EQUITY |
Annual Report Index |
Common Stock |
Additional Paid-in |
Unearned |
Retained |
|||||||||||||||||
Class A |
Class B |
Capital |
Compensation |
Earnings |
||||||||||||||||
Balance at December 31, 1995 |
$ |
129,526 |
$ |
2,783 |
$ |
10,068 |
$ |
(2,573 |
) |
$ |
237,307 |
|||||||||
Net income |
— |
— |
— |
— |
70,498 |
|||||||||||||||
Cash dividends ($0.50 per share) |
— |
— |
— |
— |
(13,238 |
) |
||||||||||||||
Purchase and retirement of 44,212 Class A shares |
(221 |
) |
— |
(1,238 |
) |
— |
— |
|||||||||||||
Exercise of options on 88,621 Class A shares |
443 |
— |
1,470 |
— |
— |
|||||||||||||||
Income tax benefits relating to restricted share dividends and exercised options |
— |
— |
1,016 |
— |
— |
|||||||||||||||
Issuance of 5,408 Class A shares under dividend reinvestment plan |
27 |
— |
149 |
— |
— |
|||||||||||||||
Amortization and forfeitures of unearned compensation |
(24 |
) |
— |
(72 |
) |
1,319 |
— |
|||||||||||||
Balance at December 29, 1996 |
129,751 |
2,783 |
11,393 |
(1,254 |
) |
294,567 |
||||||||||||||
Net loss |
— |
— |
— |
— |
(10,490 |
) |
||||||||||||||
Cash dividends ($0.53 per share) |
— |
— |
— |
— |
(14,129 |
) |
||||||||||||||
Exercise of options on 131,024 Class A shares |
655 |
— |
1,991 |
— |
— |
|||||||||||||||
Issuance of 91,000 Class A shares under restricted stock plan |
455 |
— |
2,406 |
(2,861 |
) |
— |
||||||||||||||
Income tax benefits relating to restricted share dividends and exercised options |
— |
— |
918 |
— |
— |
|||||||||||||||
Issuance of 5,373 Class A shares under dividend reinvestment plan |
27 |
— |
157 |
— |
— |
|||||||||||||||
Amortization and forfeitures of unearned compensation |
(26 |
) |
— |
(132 |
) |
2,015 |
— |
|||||||||||||
Balance at December 28, 1997 |
130,862 |
2,783 |
16,733 |
(2,100 |
) |
269,948 |
||||||||||||||
Net income |
— |
— |
— |
— |
70,874 |
|||||||||||||||
Cash dividends ($0.56 per share) |
— |
— |
— |
— |
(14,974 |
) |
||||||||||||||
Purchase and retirement of 77,011 Class A shares |
(385 |
) |
— |
(3,186 |
) |
— |
— |
|||||||||||||
Exercise of options on 112,560 Class A shares |
563 |
— |
2,486 |
— |
— |
|||||||||||||||
Income tax benefits relating to restricted share dividends and exercised options |
— |
— |
2,406 |
— |
— |
|||||||||||||||
Issuance of 6,748 Class A shares under dividend reinvestment plan |
34 |
— |
255 |
— |
— |
|||||||||||||||
Amortization of unearned compensation |
— |
— |
— |
1,050 |
— |
|||||||||||||||
Balance at December 27, 1998 |
$ |
131,074 |
$ |
2,783 |
$ |
18,694 |
$ |
(1,050 |
) |
$ |
325,848 |
|||||||||
