Google 2008 Annual Report Download - page 83

Download and view the complete annual report

Please find page 83 of the 2008 Google 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 130

  • 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
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130

Google Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands)
Class A and Class B
Common Stock Additional
Paid-In
Capital
Deferred
Stock-Based
Compensation
Accumulated
Other
Comprehensive
Income Retained
Earnings
Total
Stockholders’
EquityShares Amount
Balance at January 1, 2006 .... 293,027 $293 $ 7,477,792 $(119,015) $ 4,019 $2,055,868 $ 9,418,957
Issuance of common stock in
connection with follow-on
public offering and
acquisitions, net ........... 7,689 8 3,236,778 3,236,786
Stock-based award activity .... 8,281 8 1,168,336 119,015 1,287,359
Comprehensive income:
Net income .................. — — 3,077,446 3,077,446
Change in unrealized loss on
available-for-sale
investments, net of tax effect
of $13,280 ................ — — (19,309) — (19,309)
Foreign currency translation
adjustment ................ — — 38,601 — 38,601
Total comprehensive income . . 3,096,738
Balance at December 31,
2006 ..................... 308,997 309 11,882,906 23,311 5,133,314 17,039,840
Stock-based award activity .... 3,920 4 1,358,315 1,358,319
Comprehensive income:
Net income .................. — — 4,203,720 4,203,720
Change in unrealized gain on
available-for-sale
investments, net of tax effect
of $19,963 ................ — — 29,029 — 29,029
Foreign currency translation
adjustment ................ — — 61,033 — 61,033
Total comprehensive income . . 4,293,782
Adjustment to retained
earnings upon adoption of
FIN48.................... — — (2,262) (2,262)
Balance at December 31,
2007 ..................... 312,917 313 13,241,221 113,373 9,334,772 22,689,679
Stock-based award activity .... 2,197 2 1,209,117 1,209,119
Comprehensive income:
Net income .................. — — 4,226,858 4,226,858
Change in unrealized loss on
available-for-sale
investments, net of tax effect
of $8,871 ................. — — (12,506) — (12,506)
Foreign currency translation
adjustment ................ — — (84,195) — (84,195)
Change in unrealized gain on
cash flow hedges, net of tax
effect of $144,371 .......... — — 209,907 — 209,907
Total comprehensive income . . 4,340,064
Balance at December 31,
2008 ..................... 315,114 $ 315 $14,450,338 $ $ 226,579 $13,561,630 $28,238,862
See accompanying notes.
67