|
|
Additional |
|
Unearned |
|
|
|
Common |
Paid-In |
Treasury |
ESOP |
Retained |
|
|
Stock (1) |
Capital |
Stock |
Compensation |
Earnings |
Total |
|
------------- |
--------------- |
------------ |
--------------- |
----------------- |
--------------- |
| Balance, December 31, 1995 |
$ 125,097 |
$ 71,133,979 |
$ -- |
$ -- |
$ 22,086,889 |
$ 93,345,965 |
| Stock issued for benefit plans
(30,015 shares) |
300 |
347,345 |
-- |
-- |
-- |
347,645 |
| Stock options exercised (257,207
shares) |
2,572 |
2,630,959 |
-- |
-- |
-- |
2,633,531 |
| Employee stock purchase plan (36,387
shares) |
364 |
272,178 |
-- |
-- |
-- |
272,542 |
| Loan to ESOP for purchase of shares |
-- |
-- |
|
(568,750) |
-- |
(568,750) |
| Allocation of ESOP shares |
-- |
5,382 |
-- |
47,396 |
-- |
52,778 |
| Debenture conversion (2,343,108
shares) |
23,431 |
27,629,018 |
-- |
-- |
-- |
27,652,449 |
| Net income |
-- |
-- |
-- |
-- |
19,025,450 |
19,025,450 |
|
------------- |
--------------- |
------------ |
--------------- |
----------------- |
--------------- |
| Balance, December 31, 1996 |
$ 151,764 |
$ 102,018,861 |
$ -- |
$ (521,354) |
$ 41,112,339 |
$ 142,761,610 |
| Stock issued for benefit plans
(12,227 shares) |
122 |
371,359 |
-- |
-- |
-- |
371,481 |
| Stock options exercised (137,155
shares) |
1,372 |
1,613,071 |
-- |
-- |
-- |
1,614,443 |
| Employee stock purchase plan (26,551
shares) |
266 |
403,145 |
-- |
-- |
-- |
403,411 |
| 10% stock dividend (1,494,606 shares) |
14,946 |
43,048,389 |
|
-- |
(43,063,335) |
-- |
| Allocation of ESOP shares |
-- |
88,152 |
-- |
371,299 |
-- |
459,451 |
| Purchase of 387,800 shares as
treasury stock |
-- |
-- |
(8,519,665) |
-- |
-- |
(8,519,665) |
| Net income |
-- |
-- |
-- |
-- |
22,310,189 |
22,310,189 |
|
------------- |
--------------- |
------------ |
--------------- |
------------------ |
--------------- |
| Balance, December 31, 1997 |
$ 168,470 |
$ 147,542,977 |
$(8,519,665) |
$ (150,055) |
$ 20,359,193 |
$ 159,400,920 |
| Stock issued for benefit plans
(20,032 shares) |
200 |
367,058 |
-- |
-- |
-- |
367,258 |
| Stock options exercised (84,757
shares) |
847 |
735,746 |
-- |
-- |
-- |
736,593 |
| Employee stock purchase plan (20,756
shares) |
208 |
317,340 |
-- |
-- |
-- |
317,548 |
| Stock dividend adjustment (16 shares) |
-- |
461 |
|
-- |
(461) |
-- |
| Allocation of ESOP shares |
-- |
(62,312) |
-- |
150,055 |
-- |
87,743 |
| Purchase of 293,475 shares as
treasury stock |
-- |
-- |
(3,322,219) |
-- |
-- |
(3,322,219) |
| Net loss |
-- |
-- |
-- |
-- |
(48,225,204) |
(48,225,204) |
|
------------- |
--------------- |
------------ |
--------------- |
----------------- |
--------------- |
| Balance, December 31, 1998 |
$ 169,725 |
$ 148,901,270 |
$(11,841,884) |
$ -- |
$ (27,866,472) |
$ 109,362,639 |
|
========= |
========= |
========= |
========= |
========== |
========= |
|
|
|
|
|
|
| (1) $.01 Par Value |
|
|
|
|
|
|
|
|
|
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