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LEAP WIRELESS INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands, except share amounts)
Shares Amount
Additional
Paid-In
Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Income
(Loss) Total
Common Stock
Balance at December 31, 2007 . . . . . . . 68,674,435 7 1,803,514 (77,341) (8,675) 1,717,505
Components of comprehensive loss:
Net loss . . . . . . . . . . . . . . . . . . . — — — (143,381) — (143,381)
Net unrealized holding gains on
investments, net of tax . . . . . . . — — — — 273 273
Unrealized losses on derivative
instruments . . . . . . . . . . . . . . . — — — — (1,471) (1,471)
Swaplet amortization on derivative
instruments, net of tax. . . . . . . . — — — — 3,951 3,951
Comprehensive loss . . . . . . . . . . . (140,628)
Share-based compensation expense . . — — 34,734 — — 34,734
Accretion of redeemable non-
controlling interests, net of tax . . . . — — (6,820) — — (6,820)
Issuance of common stock under
share-based compensation plans,
net of repurchases . . . . . . . . . . . . 841,091 — 7,885 — — 7,885
Balance at December 31, 2008 . . . . . . . 69,515,526 7 1,839,313 (220,722) (5,922) 1,612,676
Components of comprehensive loss:
Net loss . . . . . . . . . . . . . . . . . . . — — — (237,963) — (237,963)
Net unrealized holding gains on
investments, net of tax . . . . . . . — — — — 816 816
Swaplet amortization and
reclassification of losses included
in earnings on derivative
instruments, including tax
effect . . . . . . . . . . . . . . . . . . . — — — — 6,119 6,119
Comprehensive loss . . . . . . . . . . . (231,028)
Share-based compensation expense . . — — 43,306 — — 43,306
Accretion of redeemable non-
controlling interests, net of tax . . . . — — (1,529) — — (1,529)
Issuance of common stock . . . . . . . . 7,000,000 1 263,718 — — 263,719
Issuance of common stock under
share-based compensation plans,
net of repurchases . . . . . . . . . . . . 1,008,514 — 3,386 — — 3,386
Balance at December 31, 2009 . . . . . . . 77,524,040 $ 8 $2,148,194 $ (458,685) $ 1,013 $1,690,530
Components of comprehensive loss:
Net loss . . . . . . . . . . . . . . . . . . . — — — (785,055) — (785,055)
Net unrealized holding losses on
investments, net of tax . . . . . . . — — — — (254) (254)
Less: reclassification adjustment for
losses included in net loss, net of
tax . . . . . . . . . . . . . . . . . . . . . — — — — (1,457) (1,457)
Comprehensive loss . . . . . . . . . . . (786,766)
Share-based compensation expense . . — — 36,609 — — 36,609
Accretion of redeemable non-
controlling interests, net of tax . . . . — — (86,898) — — (86,898)
Issuance of common stock under
share-based compensation plans,
net of repurchases . . . . . . . . . . . . 913,269 — 1,535 — — 1,535
Gain on formation of joint ventures,
netoftax.................. — — 56,272 — — 56,272
Balance at December 31, 2010 . . . . . . . 78,437,309 $ 8 $2,155,712 $(1,243,740) $ (698) $ 911,282
See accompanying notes to consolidated financial statements.
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