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LEAP WIRELESS INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands, except share amounts)
Common Stock Additional
Paid-In
Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Income (Loss) TotalShares Amount
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,
netoftax ............................. — — — — 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,
netoftax ............................... — — (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,
netoftax ............................. — — — — (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,
netoftax ............................... — — (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, net of tax . . . — — 56,272 — — 56,272
Balance at December 31, 2010 .................. 78,437,309 8 2,155,712 (1,243,740) (698) 911,282
Components of comprehensive loss:
Net loss ................................ — — — (317,677) — (317,677)
Net unrealized holding losses on investments,
netoftax ............................. — — — — (14) (14)
Comprehensive loss ...................... (317,691)
Share-based compensation expense ............ — — 15,328 — — 15,328
Accretion of redeemable non-controlling interests,
netoftax ............................... — — 5,124 — — 5,124
Issuance of common stock under share-based
compensation plans, net of repurchases ....... 486,740 — 1,346 — — 1,346
Preferred distributions to joint venture partners . . . — — (2,074) — — (2,074)
Balance at December 31, 2011 .................. 78,924,049 8 2,175,436 (1,561,417) (712) 613,315
See accompanying notes to consolidated financial statements.
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