SWIFT ENERGY COMPANY 2006 ANNUAL REPORT

Consolidated Statements of Stockholders' Equity
Swift Energy Company and Subsidiaries

 

 

Accumulated

Additional

Other

Common

Paid-in

Treasury

Unearned

Retained

Comprehensive

Stock (1)

Capital

Stock

Compensation

Earnings

Income (Loss)

Total
Balance, December 31, 2003

$

280,111

$

334,865,204

$

(7,558,093)

$

-

$

70,073,384

$

(269,342)

$

397,391,264
  Stock issued for benefit plans
    (46,150 shares)

-

166,298

661,848

-

-

-

828,146
  Stock options exercised
    (509,105 shares)

5,091

4,260,882

-

-

-

-

4,265,973
  Tax benefits from exercise of stock
    options

-

1,956,555

-

-

-

-

1,956,555
  Employee stock purchase plan
    (50,418 shares)

504

502,097

-

-

-

-

502,601
  Grants of restricted stock
    (100,900 shares)

-

1,785,262

-

(1,785,262)

-

-

-
  Amortization of restricted stock
    compensation

-

-

-

56,677

-

-

56,677
Comprehensive income:
  Net income

-

-

-

-

68,450,917

-

68,450,917
  Change in fair value of
    other comprehensive income

-

-

-

-

-

720,007

720,007
  Total comprehensive income

-

-

-

-

-

-

69,170,924
  ----------   ----------   ----------   ---------- ---------- ----------   ----------
Balance, December 31, 2004

$

285,706

$

343,536,298

$

(6,896,245)

$

(1,728,585)

$

138,524,301

$

450,665

$

474,172,140
---------- ---------- ---------- ---------- ---------- ---------- ----------
  Stock issued for benefit plans
    (31,424 shares)

-

435,134

450,659

-

-

-

885,793
  Stock options exercised
    (840,847 shares)

8,409

9,804,555

-

-

-

-

9,812,964
  Tax benefits from exercise of stock
    options

-

4,366,236

-

-

-

-

4,366,236
  Employee stock purchase plan
    (32,495 shares)

325

642,354

-

-

-

-

642,679
  Issuance of restricted stock
    (15,000 shares)

150

-

-

-

-

-

150
  Grants of restricted stock
    (158,500 shares)

-

6,668,608

-

(6,072,008)

-

-

596,600
  Forfeitures of restricted stock

-

(367,490)

-

367,490

-

-

-
  Amortization of restricted stock
    compensation

-

-

-

1,583,283

-

-

1,583,283
Comprehensive income:
  Net income

-

-

-

-

115,778,456

-

115,778,456
  Change in fair value of
    other comprehensive loss

-

-

-

-

-

(520,134)

(520,134)
  Total comprehensive income

-

-

-

-

-

-

115,258,322
----------   ----------   ----------   ---------- ---------- ----------   ----------
Balance, December 31, 2005

$

294,590

$

365,085,695

$

(6,445,586)

$

(5,849,820)

$

254,302,757

$

(69,469)

$

607,318,167
----------   ----------   ----------   ---------- ---------- ----------   ----------
  Stock issued for benefit plans
    (22,358 shares)

-

714,049

320,642

-

-

-

1,034,691
  Stock options exercised
    (652,829 shares)

6,528

11,830,763

-

-

-

-

11,837,291
  Adoption of SFAS No. 123R

-

(5,875,280)

-

5,849,820

-

-

(25,460)
  Excess tax benefits from stock-
    based awards

-

4,811,362

-

-

-

-

4,811,362
  Employee stock purchase plan
    (22,425 shares)

224

671,106

-

-

-

-

671,330
  Issuance of restricted stock
    (35,776 shares)

358

(358)

-

-

-

-

-
  Amortization of stock
    compensation

-

10,318,460

-

-

-

-

10,318,460
Comprehensive income:
  Net income

-

-

-

-

161,565,340

-

161,565,340
  Other comprehensive income

-

-

-

-

-

385,791

  

385,791
  Total comprehensive income  

161,951,131
----------   ----------   ----------   ---------- ---------- ----------   ----------
Balance, December 31, 2006

$

301,700

$

387,555,797

$

(6,124,944)

$

-

$

415,868,097

$

316,322

 $

797,916,972
----------   ----------   ----------   ---------- ---------- ----------   ----------
(1)$.01 par value.

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This page was last updated on Monday, April 16, 2007, at 04:09:13 PM.

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