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Table of Contents
EARTHLINK HOLDINGS CORP.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
Common Stock
Additional
Paid-in
Capital
Accumulated
Deficit
Treasury Stock
Accumulated Other
Comprehensive Income
(Loss)
Total
Stockholders'
Equity Shares
Amount
Shares
Amount
(in thousands)
Balance as of December 31, 2012 196,919
$ 1,969
$ 2,057,974
$ (606,148)
(94,180)
$ (735,003)
$ 12
$ 718,804
Vesting of restricted stock units 572
6
(6)
Tax withholdings related to net share settlements of restricted stock units
(2,009)
(2,009)
Dividends paid on shares outstanding and restricted stock units
(20,795)
(20,795)
Change in dividends payable on restricted stock units
(576)
(576)
Stock-based compensation expense
13,275
13,275
Return of One Communications escrow shares
(231)
(1,320)
(1,320)
Change in deferred tax asset
(256)
(256)
Repurchases of common stock
(1,204)
(6,066)
(6,066)
Unrealized holding losses, net of tax
(12)
(12)
Net loss
(538,827)
(538,827)
Balance as of December 31, 2013 197,491
1,975
2,047,607
(1,144,975)
(95,615)
(742,389)
162,218
Vesting of restricted stock units 1,132
11
(11)
Tax withholdings related to net share settlements of restricted stock units
(3,418)
(3,418)
Dividends paid on shares outstanding and restricted stock units
(16,013)
(16,013)
Change in dividends payable on shares outstanding and restricted stock
units —
(5,383)
(5,383)
Stock-based compensation expense
12,600
12,600
Return of One Communications escrow shares
(56)
(258)
(258)
Repurchases of common stock
(656)
(2,210)
(2,210)
Net loss
(72,752)
(72,752)
Balance as of December 31, 2014 198,623
1,986
2,035,382
(1,217,727)
(96,327)
(744,857)
74,784
Vesting of restricted stock units and exercise of stock options 1,584
16
1,699
1,715
Tax withholdings related to net share settlements of restricted stock units
and stock options
(3,102)
(3,102)
Dividends paid on shares outstanding and restricted stock units
(26,388)
(26,388)
Change in dividends payable on shares outstanding and restricted stock
units —
4,453
4,453
Stock-based compensation expense
14,594
14,594
Net loss
(43,210)
(43,210)
Balance as of December 31, 2015 200,207
$ 2,002
$ 2,026,638
$ (1,260,937)
(96,327)
$ (744,857)
$ —
$ 22,846
The accompanying notes are an integral part of these consolidated financial statements.
62