Frontier Airlines 2004 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2004 Frontier Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 87

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87

REPUBLIC AIRWAYS HOLDINGS INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2004, 2003, AND 2002
(In thousands)
See accompanying notes to consolidated financial statements.
Other
Comprehensive
Income(Loss)
Common
Stock
Additional
Paid
-
In
Capital
Warrants
Accumulated
Other
Comprehensive
Loss
Accumulated
Earnings
Total
Balance at January 1, 2002
$
20
$
7,843
$
1,929
$
9,792
Stock compensation expense
$
213
$
213
Dividends on redeemable preferred stock of subsidiary
$
(413
)
(413
)
Warrants issued
$
3,480
3,480
Net income
$
17,003
17,003
17,003
Comprehensive income
$
17,003
Balance at December 31, 2002
$
20
8,056
3,480
18,519
30,075
Stock compensation expense
214
214
Dividends on redeemable preferred stock of subsidiary
(170
)
(170
)
Warrants issued and revalued
1,587
1,587
Net income
$
34,049
34,049
34,049
Comprehensive income
$
34,049
Balance at December 31, 2003
20
8,270
5,067
—
52,398
65,755
Stock compensation expense
214
214
Common stock offering, net
5
58,167
58,172
Exercise of employee stock options
1
1,717
1,718
Warrants issued
10,263
10,263
Warrants surrendered
(6,756
)
(6,756
)
Net income
$
44,771
—
—
—
—
44,771
44,771
Unrealized losses on derivative instruments, net of tax,
(4,168
)
$
(4,168
)
(4,168
)
Comprehensive income
$
40,603
BALANCE
—
December 31, 2004
$
26
$
68,368
$
8,574
$
(4,168
)
$
97,169
$
169,969
40