Compuware Annual Report 2001

Compuware Corporation and Subsidiaries
Consolidated Financial Statements

Consolidated Statements
of Shareholders' Equity

YEARS ENDED MARCH 31, 2001, 2000 AND 1999
(In Thousands, Except Share Data)




 

COMMON

ADDITIONAL
PAID-IN
CAPITAL


RETAINED
EARNINGS


ACCUMULATED
OTHER
COMPREHENSIVE
LOSS


TOTAL
SHAREHOLDERS'
EQUITY


COMPREHENSIVE
INCOME

SHARES

AMOUNT

BALANCE AT APRIL 1, 1998
360,341,946 

$ 3,603 

$ 280,867 

$ 427,455 

$ (3,629)

$ 708,296 

 


 Net income
      349,863    349,863  $ 349,863 

 Foreign currency translation,
   net of tax
 
 
 
 
(2,671)
(2,671)
(2,671)



   Comprehensive income
 
 
 
 
 
 
$ 347,192 







 MISI acquisition (Note 2)
1,021,864 
10 
31,089 
 
 
31,099 
 
 
 

 Issuance of common Stock
1,367,818 
14 
24,457 
 
 
24,471 
 

 Purchase and retirement of
   common stock
(6,200,000)
(62)
(151,555)
 
 
(151,617)

 Acquisition tax benefits
 
 
6,707 
 
 
6,707 
 

 Exerclse of employee stock
   options and related tax
   benefit (Note 12)
11,394,760 
114 
113,260 
 
 
113,374 
 

 
BALANCE AT MARCH 31, 1999

367,926,388 
3,679 
304,825 
777,318 
(6,300)
1,079,522 
 

 Net income
 
 
 
351,976 
 
351,976 
$ 351,976 
 

 Foreign currency translation,
   net of tax
 
 
 
 
(4,570)
(4,570)
(4,570)
 



   Comprehensive income
 
 
 
 
 
 
$ 347,406 
 







 Issuance of common stock
1,325,761 
13 
33,764 
 
 
33,777 
 
 

 Purchase and retirement of
   common stock
(15,335,259)
(153)
126,098 
(474,318)
 
(348,373)
 
 

 Acquisition tax benefits
 
 
7,219 
 
 
7,219 
 

 Exercise of employee stock
   options and related tax
   benefit
7,704,344 
77 
79,844 
 
 
79,921 
 

 Other  
 
4,400 
 
 
4,400 
 
 
BALANCE AT MARCH 31, 2000

361,621,234 
3,616 
556,150 
654,976 
(10,870)
1,203,872 
 


 Net income

 

 

 

119,083 

 

119,083 

$ 119,083 


 Foreign currency translation,
   net of tax
 
 
 
 
(10,258)
(10,258)
(10,258)



   Comprehensive income
 
 
 
 
 
 
$ 108,825 







 Issuance of common stock
5,735,834 
57 
40,301 
 
 
40,358 
 

 Acquisition tax benefits
 
 
7,454 
 
 
7,454 
 

 Exercise of employee stock
   options and related tax
   benefit
2,459,364 
25 
16,863 
 
 
16,838 


 
BALANSE AT MARCH 31, 2001


369,816,432 

$ 3,698 

$ 620,743 

$ 774,059 

$(21,128)

$ 1,377,372 







See notes to consolidated financial statements.