FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 2005 |
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Consolidated Statements of Stockholders' Equity |
Swift Energy Company and Subsidiaries |
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Accumulated Additional Other Common Paid-in Treasury Unearned Retained Comprehensive Stock (1) Capital Stock Compensation Earnings Income (Loss) Total ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- Balance, December 31, 2002 $278,116
$333,543,471
$(8,749,922)
$---
$40,179,572
$(178,053)
$365,073,184
Stock issued for benefit plans (83,201 shares) 1
(408,178)
1,191,829
----
---
----
783,652
Stock options exercised (142,807 shares) 1,428
1,158,984
----
----
----
----
1,160,412
Tax benefits from exercise of stock options ----
156,980
----
----
----
----
156,980
Employee stock purchase plan (56,574 shares) 566
413,947
----
----
----
----
414,513
Comprehensive income: Net income ----
----
----
----
29,893,812
----
29,893,812
Change in fair value of cash flow hedges, net of income tax ----
----
----
----
----
(91,289)
(91,289)
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Total comprehensive income ----
----
----
----
----
----
29,802,523
----------------- ----------------- ----------------- ----------------- ----------------- ----------------- ----------------- Balance, December 31, 2003 $280,111
$334,865,204
$(7,558,093)
$--
$70,073,384
$(269,342)
$397,391,264
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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 cash flow hedges, net of income tax ----
---
----
----
----
720,007
720,007
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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
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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 cash flow hedges, net of income tax ----
----
----
----
----
(520,134)
(520,134)
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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)
$607,318,167
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(1)$.01 par value.
See accompanying Notes to Consolidated Financial Statements.
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