Statement of Stockholders' equity
Statement of Stockholders' Equity
(Information as of and for the six months ended September 30, 2000 and September 30, 1999 is unaudited)
| Common Stock | Additional Paid-in Capital | Comprehensive Income | Accumulated Other Comprehensive Income | Deferred Stock Compensation | Loan to Trust | Retained Earnings | Total Stockholders’ Equity | ||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | ||||||||
| Balance as of March 31, 1998 | 64,068,800 | 4,545,811 | 24,415,920 | (7,042,229) | (7,831,445) | (936,365) | 27,994,268 | 41,145,960 | |
| Stock split | - | 3,800,949 | - | - | - | - | (3,800,949) | - | |
| Cash dividends | - | - | - | - | - | - | (3,152,863) | (3,152,863) | |
| Common stock issued | 2,070,000 | 245,377 | 70,134,623 | - | - | - | - | 70,380,000 | |
| ADR issue expenses | (4,108,924) | (4,108,924) | |||||||
| Compensation related to stock option grants | - | - | 30,407,892 | - | (30,407,892) | - | - | - | |
| Amortization of compensation related to stock option grants | - | - | - | - | 16,552,538 | - | - | 16,552,538 | |
| Comprehensive income | |||||||||
| Net income available for common stockholders | - | - | - | 17,446,088 | - | - | - | 17,446,088 | 17,446,088 |
| Other comprehensive income | |||||||||
| Translation adjustment | - | - | - | (2,058,433) | (2,058,433) | - | - | - | (2,058,433) |
| Comprehensive income | - | - | - | 15,387,655 | - | - | - | - | - |
| Adjustment on deconsolidation of subsidiary | - | - | - | - | - | - | 2,468,831 | 2,468,831 | |
| Repayment of loan to trust | - | - | - | - | - | 936,365 | - | 936,365 | |
| Balance as of March 31, 1999 | 66,138,800 | 8,592,137 | 120,849,511 | (9,100,662) | (21,686,799) | - | 40,955,375 | 139,609,562 | |
| Common stock issued | - | - | (475,821) | - | - | - | - | (475,821) | |
| Cash dividends declareds | - | - | - | - | - | (2,526,872) | (2,526,872) | ||
| Compensation related to stock option grants | - | - | 1,029,649 | - | (1,029,649) | - | - | - | |
| Amortization of compensation related to stock option grants | - | - | - | - | 2,543,102 | - | - | 2,543,102 | |
| Comprehensive income | |||||||||
| Net income available for common stockholders | - | - | - | $ 28,031,390 | - | - | - | 28,031,390 | 28,031,390 |
| Other comprehensive income | |||||||||
| Translation adjustment | - | - | - | (4,932,605) | (4,932,605) | - | - | - | (4,932,605) |
| Comprehensive income | - | - | - | $ 23,098,785 | - | - | - | - | - |
| Balance as of September 30, 1999 | 66,138,800 | $ 8,592,137 | $ 121,403,339 | $ (14,033,267) | $ (20,173,346) | - | $ 66,459,893 | $ 162,248,756 | |
| Common stock issued | 11,900 | 1,373 | 881,310 | - | - | - | - | 882,683 | |
| ADR issue expenses | (777,923) | (777,923) | |||||||
| Amortization of compensation related to stock option grants | - | - | - | - | 2,574,533 | - | - | 2,574,533 | |
| Comprehensive income | |||||||||
| Net income available for common stockholders | - | - | - | $ 33,313,138 | - | - | - | 33,313,138 | 33,313,138 |
| Other comprehensive income | |||||||||
| Translation adjustment | - | - | - | (104,666) | (104,666) | - | - | - | (104,666) |
| Comprehensive income | - | - | - | $ 33,208,472 | - | - | - | - | - |
| Other comprehensive income | |||||||||
| Balance as of March 31, 2000 | 66,150,700 | 8,593,510 | 121,506,726 | (14,137,933) | (17,598,813) | - | 99,773,031 | 198,136,521 | |
| Cash dividends | - | - | - | - | - | - | (4,973,898) | (4,973,898) | |
| Common stock issued | 667 | 75 | 22,542 | - | - | - | - | 22,617 | |
| Amortization of compensation related to stock option grants | - | - | - | - | 2,551,592 | - | - | 2,551,592 | |
| Comprehensive income | 59,613,559 | 59,613,559 | 59,613,559 | ||||||
| Net income available for common stockholders | - | - | - | 59,613,559 | - | - | - | 59,613,559 | 59,613,559 |
| Translation adjustment | - | - | - | (11,974,862) | (11,974,862) | - | - | - | (11,974,862) |
| Other comprehensive income | - | - | - | (11,974,862) | |||||
| Comprehensive income | - | - | - | 47,638,697 | - | - | - | - | - |
| Balance as of March 31, 2000 | 66,151,367 | $ 8,593,585 | $ 121,529,268 | $ (26,112,795 | $ (15,047,221) | - | $ 154,412,692 | $ 243,375,529 | |
