Earthlink 2005 Annual Report Download - page 67

EARTHLINK, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME (LOSS)
The accompanying notes are an integral part of these consolidated financial statements.
66
Unrealized Total Total
Additional Accumu- Gain (Losses) Deferred Stock- Compre-
Preferred Stock Common Stock
Paid-in lated
Treasury Stock
on Invest- Compen- holders’ hensive
Shares Amount Shares Amount Capital Warrants Deficit Shares Amount ments sation Equity Income (Loss)
(in thousands)
Balance as of December 31, 2002
17,979
$
180
157,263
$
1,573
$
1,939,960
$1,223
$(1,236,991
)
(2,551
)
$
(14,176
)
$
531
$
—
$
692,300
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
— — — — — —
3,230
—
Issuance of common stock pursuant to
employee stock purchase plan
— —
221
2
1,128
— — — — — —
1,130
—
Issuance of restricted stock units — — — —
210
— — — — — (
210
) — —
Amortization of deferred compensation
—
—
—
—
—
—
—
—
—
—
13
13
—
Repurchase of common stock
—
—
—
—
—
—
—
(
14,817
)
(90,168
)
—
—
(
90,168
)
—
Unrealized holding losses on certain
investments
— — — — — — — — — (
648
) — (
648
)
(648
)
Net loss
— — — — — — (
62,194
) —
— — — (
62,194
)
(62,194
)
Total comprehensive loss
(62,842
)
Balance as of December 31, 2003
— —
176,410
1,764
1,949,105
1,223
(1,303,771
)
(17,368
)
(104,344
)
(117
)
(197
)
543,663
Issuance of common stock pursuant to
exercise of stock options
— —
2,120
21
15,846
— — — — — —
15,867
Issuance of common stock pursuant to
employee
stock purchase plan
—
—
223
2
1,694
—
—
—
—
—
—
1,696
—
Issuance of restricted stock units — — — —
4,431
— — — — — (
4,431
) — —
Vesting of restricted stock units and issuance
of phantom share units — —
12
1
132
— — — — — —
133
—
Amortization of deferred compensation
—
—
—
—
—
—
—
—
—
—
633
633
—
Repurchase of common stock — — — — — — — (
12,677
)
(125,712
) — — (
125,712
) —
Unrealized holding gains on certain
investments
— — — — — — — — —
318
—
318
318
Net income
—
—
—
—
—
—
111,009
—
—
—
—
111,009
111,009
Total comprehensive income
111,327
Balance as of December 31, 2004
—
—
178,765
1,788
1,971,208
1,223
(1,192,762
)
(30,045
)
(230,056
)
201
(3,995
)
547,607
Issuance of common stock pursuant to
exercise of stock options and vesting of
restricted stock units
— —
3,150
32
22,876
— — — — — —
22,908
—
Issuance of common stock pursuant to
employee stock purchase plan
— —
47
—
444
— — — — — —
444
—
Issuance of restricted stock units and
phantom share units, net
— — — —
2,048
— — — — — (
2,001
)
47
—
Amortization of deferred compensation
—
—
—
—
—
—
—
—
—
—
1,129
1,129
—
Stock-based compensation expense — — — —
366
— — — — — —
366
—
Repurchase of common stock — — — — — — — (
20,527
)
(192,563
) — — (
192,563
) —
Expiration of warrants
—
—
—
—
964
(964
)
—
—
—
—
—
—
—
Unrealized holding losses on certain
investments
(854
) — (
854
)
$
(854
)
Net income
— — — — — —
142,780
— — — —
142,780
142,780
Total comprehensive income
$
141,926
Balance as of December 31, 2005
—
$
—
181,962
$1,820
$
1,997,906
$
259
$
(1,049,982
)
(50,572
)
$
(422,619
)
$
(653
)
$
(4,867
)
$
521,864