Burger King 2011 Annual Report Download - page 75

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Table of Contents
BURGER KING HOLDINGS, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity and Comprehensive Income (Loss) — (Continued)
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)
Balances at June 30, 2010 135.8 $ 1.4 $ 647.2 $ 608.0 $ (66.9) $ (61.3) $ 1,128.4
Stock option exercises 0.9 — 4.0 — — — 4.0
Stock option tax benefits — — (0.4) — — — (0.4)
Stock-based compensation — — 5.8 — — — 5.8
Treasury stock purchases (0.1) — (0.3) — — (2.2) (2.5)
Dividend paid on common shares ($0.25 per share) — — — (8.6) — — (8.6)
Comprehensive income:
Net income — — — 71.1 — — 71.1
Foreign currency translation adjustment — — — — 13.3 — 13.3
Cash flow hedges:
Net change in fair value of derivatives, net of tax of
$1.1 million — — — — 1.7 — 1.7
Amounts reclassified to earnings during the period from
terminated swaps, net of tax of $0.2 million — — — — (0.2) — (0.2)
Pension and post-retirement benefit plans, net of tax of $3.1
million — — — — 5.8 — 5.8
Total Comprehensive income 91.7
Balances at October 18, 2010 136.6 $ 1.4 $ 656.3 $ 670.5 $ (46.3) $ (63.5) $ 1,218.4
Successor
Balances at October 19, 2010 0.1 $ — $ 1,563.5 $ — $ — $ — $ 1,563.5
Comprehensive income (loss):
Net loss — — — (101.6) — — (101.6)
Foreign currency translation adjustment — — — — (48.5) — (48.5)
Cash flow hedges:
Net change in fair value of derivatives, net of tax of
$13.9 million — — — — 21.9 — 21.9
Pension and post-retirement benefit plans, net of tax of $3.9
million — — — — 8.8 — 8.8
Total Comprehensive loss — — — — — — (119.4)
Balances at December 31, 2010 0.1 — 1,563.5 (101.6) (17.8) — 1,444.1
Capital contributions — — 1.2 — — — 1.2
Dividend to Parent — — (7.6) — — — (7.6)
Comprehensive income (loss):
Net income — — — 107.0 — — 107.0
Foreign currency translation adjustment — — — (44.3) — (44.3)
Cash flow hedges:
Net change in fair value of derivatives, net of tax of
$26.4 million — — — — (40.9) — (40.9)
Amounts reclassified to earnings during the period from
terminated caps, net of tax of $0.4 million (0.6) (0.6)
Pension and post-retirement benefit plans, net of tax of $5.8
million — — — — (9.7) — (9.7)
Total Comprehensive income 5.1
Balances at December 31, 2011 0.1 $ — $ 1,557.1 $ 5.4 $ (113.3) $ — $ 1,449.2
See accompanying notes to consolidated financial statements.
74
Source: Burger King Holdings Inc, 10-K, March 14, 2012 Powered by Morningstar® Document Research℠