8x8 2013 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2013 8x8 annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

45
8X8, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(IN THOUSANDS, EXCEPT SHARES)
Accumulated
Additional Other
Paid-in Comprehensive Accumulated
Shares Amount Capital Income (Loss) Deficit Total
Balance at March 31, 2010 63,172,536 $ 63 $ 212,077 $ - $ (198,840) $ 13,300
Issuance of common stock under
stock plans 1,869,546 2 2,272 - - 2,274
Issuance of common stock on
exercise of warrant 293,281 - 880 - - 880
Issuance of common stock for
acquisition of Central Host, Inc. 432,276 - 600 - - 600
Issuance of restricted common stock 200,000 - 278 - - 278
Repurchase of common stock (3,588,609) (3) (7,808) - - (7,811)
Buyback of employee stock options - - (539) - - (539)
Stock compensation charge - - 458 - - 458
Unrealized investment loss - - - (73) - (73)
Net income - - - - 6,494 6,494
Balance at March 31, 2011 62,379,030 62 208,218 (73) (192,346) 15,861
Issuance of common stock under
stock plans 2,261,724 2 3,050 - - 3,052
Issuance of common stock for
acquisition of businesses, net
of issuance costs 6,692,569 7 31,565 - - 31,572
Repurchase of common stock (653,830) - (2,400) - - (2,400)
Buyback of employee stock options
and stock purchase rights - - (384) - - (384)
Stock compensation charge - - 1,506 - - 1,506
Unrealized investment gain - - - 15 - 15
Net income - - - - 69,228 69,228
Balance at March 31, 2012 70,679,493 71 241,555 (58) (123,118) 118,450
Issuance of common stock under
stock plans 1,503,238 1 2,400 - - 2,401
Cost of issuance of common stock - - (43) - - (43)
Repurchase of common stock (73,751) - (419) - - (419)
Stock compensation charge - - 2,634 - - 2,634
Income tax benefit from stock-
based compensation - - 49 - - 49
Unrealized investment gain - - - 22 - 22
Net income - - - - 13,939 13,939
Balance at March 31, 2013
72,108,980 $ 72 $ 246,176 $ (36) $ (109,179) $ 137,033
Common Stock
The accompanying notes are an integral part of these consolidated financial statements.