Green Dot 2010 Annual Report Download - page 66
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Please find page 66 of the 2010 Green Dot 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.GREEN DOT CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE
PREFERRED STOCK AND IN STOCKHOLDERS’ EQUITY (DEFICIT)
Shares Amount Shares Amount Shares Amount Shares Amount
Additional
Paid-in
Capital
Related
Party Notes
Receivable
Retained
Earnings
(Accumulated
Deficit)
Total
Stockholders’
Equity
(Deficit)
Redeemable
Convertible
Preferred Stock
Convertible
Preferred
Stock
Class A
Common Stock
Class B
Common Stock
Stockholder’s Equity (Deficit)
(In thousands)
Balance at July 31,
2007 . . . . . . . . . 2,926 $ 22,336 23,837 $ 18,345 — $— 10,194 $10 $ 539 $(4,922) $(25,102) $ (11,130)
Exercise of options . . — — — — — — 1,559 2 1,621 — — 1,623
Issuance of related
party notes
receivable . . . . . . — — — — — — — — — (120) — (120)
Interest on related
party notes
receivable . . . . . . — — — — — — — — 193 (193) — —
Stock-based
compensation . . . — — — — — — — — 1,240 — 1,240
Accretion fo
redeemable
convertible
preferred stock . . . — 4,480 — — — — — — — — (4,480) (4,480)
Net income . . . . . . — — — — — — — — — — 17,335 17,335
Balance at July 31,
2008 . . . . . . . . . 2,926 26,816 23,837 18,345 — — 11,753 12 3,593 (5,235) (12,247) 4,468
Exercise of options . . — — — — — — 308 — 415 — — 415
Issuance of related
party notes
receivable . . . . . . — — — — — — — — — (364) — (364)
Interest on related
party notes
receivable . . . . . . — — — — — — — — 215 (215) — —
Stock-based
compensation . . . — — — — — — — — 2,468 — — 2,468
Accretion fo
redeemable
convertible
preferred stock . . . — 1,956 — — — — — — — (1,956) (1,956)
Issuance of new
shares and
repurchase of
existing shares,
net . . . . . . . . . . (2,926) (28,772) 1,105 12,977 — — (21) — (1,778) — (9,197) 2,002
Exercise of call
option on
warrants . . . . . . . — — — — — — — — (1,958) — — (1,958)
Net income . . . . . . — — — — — — — — — — 37,163 37,163
Balance at July 31,
2009 . . . . . . . . . — — 24,942 31,322 — — 12,040 12 2,955 (5,814) 13,763 42,238
Exercise of options . . — — — — — — 562 1 2,811 — — 2,812
Interest on related
party notes
receivable . . . . . . — — — — — — — — 55 (55) — —
Repayment of related
party notes
receivable . . . . . . — — — — — — — — — 5,869 — 5,869
Stock-based
compensation . . . — — — — — — 258 — 6,782 — — 6,782
Net income . . . . . . — — — — — — — — — — 13,663 13,663
Balance at
December 31,
2009 . . . . . . . . . — — 24,942 31,322 — — 12,860 13 12,603 — 27,426 71,364
Exercise of options
and warrants . . . . — — — — — — 1,840 2 30,873 — — 30,875
Stock-based
compensation . . . — — — — — — 2 — 7,256 — — 7,256
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