CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
AND COMPREHENSIVE INCOME
For the years ended November 2, 2007, November 3, 2006, and October 28, 2005
(in thousands)
|
|
Shares |
|
Amount |
|
Capital in
excess of
par value |
|
Retained
earnings |
|
Accumulated
other
comprehensive
income (loss) |
|
Total
shareholders’
equity |
|
Balance, October 29, 2004 |
|
10,002 |
|
$ |
10,059 |
|
$ |
14,506 |
|
$ |
26,832 |
|
$ |
(2,733 |
) |
$ |
48,664 |
|
Shares repurchased and retired |
|
(16 |
) |
(16 |
) |
(112 |
) |
|
|
|
|
(128 |
) |
Net loss |
|
|
|
|
|
|
|
(943 |
) |
|
|
(943 |
) |
Other comprehensive net income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gain on investment |
|
|
|
|
|
|
|
|
|
30 |
|
30 |
|
Minimum pension liability |
|
|
|
|
|
|
|
|
|
639 |
|
639 |
|
Comprehensive loss |
|
|
|
|
|
|
|
|
|
|
|
(274 |
) |
Balance, October 28, 2005 |
|
9,986 |
|
10,043 |
|
14,394 |
|
25,889 |
|
(2,064 |
) |
48,262 |
|
Shares repurchased and retired |
|
(28 |
) |
(28 |
) |
(159 |
) |
|
|
|
|
(187 |
) |
Net income |
|
|
|
|
|
|
|
1,240 |
|
|
|
1,240 |
|
Other comprehensive net income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized loss on investment |
|
|
|
|
|
|
|
|
|
(55 |
) |
(55 |
) |
Minimum pension liability |
|
|
|
|
|
|
|
|
|
926 |
|
926 |
|
Comprehensive loss |
|
|
|
|
|
|
|
|
|
|
|
2,111 |
|
Balance, November 3, 2006 |
|
9,958 |
|
10,015 |
|
14,235 |
|
27,129 |
|
(1,193 |
) |
50,186 |
|
Shares repurchased and retired |
|
(69 |
) |
(69 |
) |
(446 |
) |
|
|
|
|
(515 |
) |
Net loss |
|
|
|
|
|
|
|
(292 |
) |
|
|
(292 |
) |
Other comprehensive net income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized loss on investment |
|
|
|
|
|
|
|
|
|
(6 |
) |
(6 |
) |
Net Change in pension liability prior to SFAS 158 adoption |
|
|
|
|
|
|
|
|
|
1,163 |
|
1,163 |
|
SFAS 158 adoption |
|
|
|
|
|
|
|
|
|
(567 |
) |
(567 |
) |
Comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
298 |
|
Balance, November 2, 2007 |
|
9,889 |
|
$ |
9,946 |
|
$ |
13,789 |
|
$ |
26,837 |
|
$ |
(603 |
) |
$ |
49,969 |
|
See accompanying notes to consolidated financial statements.
|