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