Earthlink 2003 Annual Report Download - page 43

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The accompanying notes are an integral part of these consolidated financial statements.
F-4
EARTHLINK, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE LOSS
Basic and diluted net loss per share $
(2.73
) $
(1.11
) $
(0.42
)
Weighted average common shares outstanding
135,738
151,355
157,321
Preferred Stock
Common Stock
Treasury Sto
Additional
Paid-in
Capital
Accumulated
Deficit
Shares
Amount
Shares
Amount
Warrants
Shares
Amo
(in thousands)
Balance at December 31, 2000
43,386
$
434
130,064
$
1,301
$
1,877,134
$
1,412
$
(698,030
) — $
Conversion of Series A convertible preferred stock to
common stock
(3,139
)
(31
)
3,000
30
1
— — —
Conversion of Series B convertible preferred stock to
common stock
(6,213
)
(62
)
5,888
59
3
—
—
—
Conversion of Series C convertible preferred stock to
common stock
(7,083
)
(71
)
7,083
71
— — — —
Accretion of convertible preferred stock — — — —
29,880
— (
29,880
) —
Issuance of common stock pursuant to acquisitions
—
—
140
1
1,875
—
—
—
Issuance of common stock pursuant to exercise of stock
options and warrants — —
1,819
18
8,159
(189
) — —
Net loss
—
—
—
—
—
—
(
341,061
)
—
Total comprehensive loss
Balance at December 31, 2001
26,951
270
147,994
1,480
1,917,052
1,223
(1,068,971
) —
Conversions of Series A convertible preferred stock to
common stock
(8,972
)
(90
)
8,750
88
2
— — —
Issuance of common stock pursuant to acquisitions — —
110
1
1,340
— — —
Accretion of convertible preferred stock
—
—
—
—
19,987
—
(
19,987
)
—
Issuance of common stock pursuant to exercise of stock
options — —
307
3
1,069
— — —
Issuance of common stock pursuant to employee stock
purchase plan
—
—
102
1
510
—
—
—
Repurchase of common stock — — — — — — —
2,551
(
Unrealized holding gains on certain investments — — — — — — — —
Net loss
—
—
—
—
—
—
(
148,033
)
—
Total comprehensive loss
Balance at December 31, 2002
17,979
180
157,263
1,573
1,939,960
1,223
(1,236,991
)
2,551
(
Conversions of Series A convertible preferred stock to
common stock
(1,143
)
(11
)
1,137
11
— — — —
Conversions of Series B convertible preferred stock to
common stock
(16,836
)
(169
)
16,779
168
1
—
—
—
Accretion of convertible preferred stock — — — —
4,586
— (
4,586
) —
Issuance of common stock pursuant to exercise of stock
options — —
1,010
10
3,220
— — —
Issuance of common stock pursuant to employee stock
purchase plan — —
221
2
1,128
— — —
Issuance of restricted stock units — — — —
210
— — —
Amortization of deferred compensation
—
—
—
—
—
—
—
—
Repurchase of common stock — — — — — — —
14,817
(
Unrealized holding losses on certain investments — — — — — — — —
Net loss
—
—
—
—
—
—
(
62,194
)
—
Total comprehensive loss
Balance at December 31, 2003
—
$
—
176,410
$
1,764
$
1,949,105
$
1,223
$
(1,303,771
)
17,368
$
(1