Blackberry 2006 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2006 Blackberry 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 80

  • 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

Research In Motion Limited
62
Research In Motion Limited • Incorporated Under the Laws of Ontario (In thousands of United States dollars, except per share data, and except as otherwise indicated)
The following details the changes in issued and outstanding common shares and common share purchase
warrants for the three years ended March 4, 2006:

   
 
Balance as at March 1, 2003 154,344 150
Exercise of stock options 6,258 —
Exercise of warrants 78 (150)
Common shares issued pursuant to public share offering 24,150 —
Balance as at February 28, 2004 184,830 —
Exercise of stock options 4,655 —
Balance as at February 26, 2005 189,485 —
Exercise of stock options  —
Common shares repurchased pursuant to
Common Share Repurchase Program  —
  —

  
  
Balance as at March 1, 2003 $ 874,007 $ 370 $ 874,377
Exercise of stock options 49,77 1 — 49,77 1
Exercise of warrants 370 (370) —
Common shares issued pursuant to public
share offering, net of related costs 905,240 — 905,240
Balance as at February 28, 2004 1,829,388 — 1,829,388
Exercise of stock options 54, 1 5 1 — 54, 1 5 1
Deferred income tax benet attributable to
scal 2004 nancing costs 8,727 — 8,727
Balance as at February 26, 2005 1,892,266 — 1,892,266
Exercise of stock options    
Common shares repurchased pursuant to
Common Share Repurchase Program    
Issuance of restricted share units     
    
On October 11, 2005, the Company’s Board of Directors approved the repurchase by the Company, from
time to time, on the NASDAQ National Market, of up to an aggregate of 9.5 million common shares during
the subsequent 12 month period. This represents approximately 5% of the Company’s outstanding shares.
During the third quarter of scal 2006, the Company repurchased 6.3 million common shares pursuant to
the Common Share Repurchase Program at a cost of $391,212. The amount paid in excess of the per share
paid-in capital of the common shares of $328,231 was charged to retained earnings. All common shares
repurchased by the Company pursuant to the Common Share Repurchase Program have been cancelled.