2019 BBNC Annual Report | Page 46
BRISTOL BAY NATIVE CORPORATION
AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
Years ended March 31, 2019, 2018 and 2017 (In thousands)
COMMON STOCK
Balance, April 1, 2016
$
CLASS A CLASS B
RETAINED
EARNINGS TOTAL
SHAREHOLDERS’
EQUIT Y
ATTRIBUTABLE
TO BRISTOL
BAY NATIVE
CORPORATION NON-
CONTROLLING
INTERESTS TOTAL
STOCKHOLDERS’
EQUIT Y
7 374,676
29,571 3,124 341,974 374,669 Dividends
($34.80 per share) — — (18,796) (18,796) — (18,796)
Net earnings — — 41,021 41,021 111 41,132
Contributions of
noncontrolling interest — — — — 303 303
29,571 3,124 364,199 396,894 421 397,315
Dividends
($37.40 per share) — — (20,200) (20,200) — (20,200)
Net earnings — — 103,063 103,063 161 103,224
Distributions to
noncontrolling interest — — — — (308) (308)
29,571 3,124 447,062 479,757 274 480,031
Dividends
($20.20 per share) — — (10,910) (10,910) — (10,910)
Contributions to BBNC
Settlement Trust — — (11,991) (11,991) — (11,991)
Contributions to BBNC
Elder Settlement Trust — — (856) (856) — (856)
Net earnings — — 53,148 53,148 339 53,487
Distributions to
noncontrolling interest — — — — (137) (137)
29,571 3,124 476,453 509,148 476 509,624
Balance, March 31, 2017
Balance, March 31, 2018
Balance, March 31, 2019
$
See accompanying notes to consolidated financial statements.
44
BBNC FY2019 ANNUAL REPORT