in thousands, except per share data
Compensation
Retained
Additional
Payable in
Earnings
Preferred
Common
Paid-in
Deferred
Common
(Accumulated
Stock
Stock
Capital
Compensation
Stock
Deficit
)
Total
Balance, December 31, 1995
--
273
109,344
--
11,418
(2,521
)
118,514
First Rights conversion
to stock
--
2
5,717
--
(5,769
)
--
(50
)
Employee stock compensation
--
1
1,466
(978
)
4,061
--
4,550
Dividends
--
--
--
--
--
(16,390
)
(16,390
)
Repurchase and retirement
of common shares
--
(6
)
(13,581
)
--
--
--
(13,587
)
Net income
--
--
--
--
--
62,293
62,293
Balance, December 31, 1996
--
270
102,946
(978
)
9,710
43,382
155,330
First Rights conversion
to stock
--
3
7,164
--
(7,210
)
--
(43
)
Employee stock compensation
--
2
2,733
(2,155
)
4,846
--
5,426
Dividends
--
--
--
--
--
(16,958
)
(16,958
)
Repurchase and retirement
of common shares
--
(15
)
(39,888
)
--
--
--
(39,903
)
Net income
--
--
--
--
--
65,383
65,383
Balance, December 31, 1997
--
260
72,955
(3,133
)
7,346
91,807
169,235
First Rights conversion
to stock
--
1
1,841
--
(1,864
)
--
(22
)
Employee stock compensation
--
3
11,543
(3,593
)
1,362
--
9,315
Dividends
--
--
--
--
--
(18,582
)
(18,582
)
Repurchase and retirement
of common shares
--
(11
)
(37,717
)
--
--
--
(37,728
)
Net income
--
--
--
--
--
31,015
31,015
Balance, December 31, 1998
$
--
$
253
$
48,622
$
(6,726
)
$
6,844
$ 104,240
$
153,233
© 1999 Polaris Industries Inc.