Comfort Inn 2011 Annual Report Download - page 67
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Table of Contents
Balance as of December 31, 2008 60,704,852
$607
$90,141
$(3,472)
$(835,186)
$610,240
$(137,670)
Comprehensive income
Net income
$98,250
98,250
98,250
Other comprehensive
income, net of tax:
Amortization of pension
related costs, net of tax
Prior service costs —
—
—
—
—
144
—
144
Net pension curtailment
and remeasurement, net of
tax —
—
—
—
—
1,283
—
1,283
Actuarial pension gain, net
of tax —
—
—
—
—
165
—
165
Foreign currency translation
adjustments —
—
—
—
—
2,213
—
2,213
Other comprehensive income —
—
—
3,805
—
3,805
—
—
Comprehensive income
$102,055
Exercise of stock options 764,612
8
(2,106)
—
17,090
—
14,992
Issuance of restricted stock and
PVRSU 281,889
3
(7,612)
—
7,609
—
—
Cancellation of restricted stock (43,408)
(1)
1,336
—
(1,335)
—
—
Stock compensation related to
stock options —
—
2,817
—
—
—
2,817
Amortization of deferred
compensation related to restricted
stock grants and PVRSU —
—
6,155
—
—
—
6,155
Dividends declared —
—
—
—
—
(44,059)
(44,059)
Treasury purchases (2,188,888)
(22)
—
—
(59,102)
—
(59,124)
Issuance of treasury shares 22,049
—
—
—
622
—
622
Balance as of December 31, 2009 59,541,106
$ 595
$90,731
$ 333
$(870,302)
$664,431
$(114,212)
Comprehensive loss
Net income
$107,441
107,441
107,441
Other comprehensive loss,
net of tax:
Settlement of forward
starting interest rate swap
agreement —
—
—
—
—
(8,663)
—
(8,663)
Amortization of loss on cash
flow hedge —
—
—
—
—
332
—
332
Actuarial pension loss, net
of tax —
—
—
—
—
(459)
—
(459)
Foreign currency translation
adjustments —
—
—
—
—
1,265
—
1,265
Other comprehensive loss —
—
—
(7,525)
—
(7,525)
—
—
Comprehensive income
$99,916
Exercise of stock options 123,109
1
1,408
—
314
—
1,723
Issuance of restricted stock and
PVRSU 290,037
3
(9,489)
—
9,486
—
—
Cancellation of restricted stock (41,796)
(1)
1,267
—
(1,266)
—
—
Stock compensation related to
stock options —
—
2,398
—
—
—
2,398
65