441-B-A-C_(700) - The equity sections from Atticus Groups 2015 and 2016 year-end balance sheets follow Stockholders Equity Common stock$4 par value

441-B-A-C_(700) - The equity sections from Atticus Groups...

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The equity sections from Atticus Group’s 2015 and 2016 year-end balance sheets follow. Stockholders’ Equity (December 31, 2015) Common stock—$4 par value, 100,000 shares authorized, 40,000 shares issued and outstanding . . . . . . . . . . . . . . . . $160,000 Paid-in capital in excess of par value, common stock . . . . . . . . . . . . . . . 120,000 Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320,000 Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$600,000 Stockholders’ Equity (December 31, 2016) Common stock—$4 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares in treasury . . . . . . . . . $189,600 Paid-in capital in excess of par value, common stock . . . . . . . . . . . . . . 179,200 Retained earnings ($30,000 restricted by treasury stock) . . . . . . . . . . . . 400,000 768,800 Less cost of treasury stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (30,000) Total stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $738,800 The following transactions and events affected its equity during year 2016. Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.50 per share cash dividend, date of record April 10. July 5 Declared a $0.50 per share cash dividend, date of record July 10.
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