Burger King 2011 Annual Report Download - page 74

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Table of Contents
BURGER KING HOLDINGS, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity and Comprehensive Income (Loss)
Issued
Common
Stock
Shares
Issued
Common
Stock
Amount
Additional
Paid-In
Capital
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Income (Loss)
Treasury
Stock Total
(In millions)
Predecessor
Balances at June 30, 2008 135.0 $ 1.4 $ 600.9 $ 289.8 $ (8.4) $ (39.2) $ 844.5
Stock option exercises 0.6 — 3.0 — — — 3.0
Stock option tax benefits — — 3.3 — — — 3.3
Stock-based compensation — — 16.2 — — — 16.2
Treasury stock purchases (0.8) — — — — (20.3) (20.3)
Dividend paid on common shares ($0.25 per
share) — — — (34.1) — — (34.1)
Comprehensive income:
Net income — — — 200.1 — — 200.1
Foreign currency translation adjustment — — — — (6.0) — (6.0)
Cash flow hedges:
Net change in fair value of derivatives, net of
tax of $10.6 million — — — — (16.8) — (16.8)
Amounts reclassified to earnings during the
period from terminated swaps, net of tax of
$0.4 million — — — — (0.9) — (0.9)
Pension and post-retirement benefit plans, net of
tax of $9.2 million — — — — (13.8) — (13.8)
Total Comprehensive income — — — — — — 162.6
Adjustment to adopt re-measurement provision
under SFAS No 158, net of tax of $0.2 million — — — (0.4) — — (0.4)
Balances at June 30, 2009 134.8 1.4 623.4 455.4 (45.9) (59.5) 974.8
Stock option exercises 1.1 — 4.2 — — — 4.2
Stock option tax benefits — — 3.5 — — — 3.5
Stock-based compensation — — 17.0 — — — 17.0
Treasury stock purchases (0.1) — (0.9) — — (1.8) (2.7)
Dividend paid on common shares ($0.25 per
share) — — — (34.2) — — (34.2)
Comprehensive income:
Net income — — — 186.8 — — 186.8
Foreign currency translation adjustment — — — — (4.4) — (4.4)
Cash flow hedges:
Net change in fair value of derivatives, net of
tax of $2.6 million — — — — 4.1 — 4.1
Amounts reclassified to earnings during the
period from terminated swaps, net of tax of
$0.6 million — — — — (1.0) — (1.0)
Pension and post-retirement benefit plans, net of
tax of $11.3 million — — — — (19.7) — (19.7)
Total Comprehensive income 165.8
Balances at June 30, 2010 135.8 $ 1.4 $ 647.2 $ 608.0 $ (66.9) $ (61.3) $ 1,128.4
See accompanying notes to consolidated financial statements.
73
Source: Burger King Holdings Inc, 10-K, March 14, 2012 Powered by Morningstar® Document Research℠