Hertz 2010 Annual Report Download - page 108
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HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Continued)
(In Thousands of Dollars, except share data)
Accumulated
Additional Other Non-
Common Stock
Preferred Paid-In Accumulated Comprehensive controlling Total
Stock Shares Amount Capital Deficit Income (Loss) Interest Equity
December 31, 2009 ................ $— 410,245,225 $ 4,102 $3,141,695 $(1,062,318) $ (3,331) $ 17,293 $2,097,441
Net loss attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders ................. (48,044) (48,044)
Unrealized loss on investment, net of tax of
$0....................... (19) (19)
Change in fair value of derivatives qualifying
as cash flow hedges, net of tax of
$31,885 .................... 49,759 49,759
Translation adjustment changes, net of tax
of $6,938 ................... (17,213) (17,213)
Unrealized holding gains on securities, net
of tax of $0 .................. 31 31
Unrealized gain on Euro-denominated debt,
net of tax of $12,656 ............ 12,358 12,358
Defined benefit pension plans:
Amortization or settlement recognition of
net gain .................. 4,073 4,073
Net loss arising during the period ..... (8,629) (8,629)
Income tax related to defined pension
plans .................... 794 794
Defined benefit pension plans, net ...... (3,762) (3,762)
Total Comprehensive Loss .......... (6,890)
Dividend payment to noncontrolling interest (18,200) (18,200)
Net income relating to noncontrolling
interest .................... 17,409 17,409
Employee stock purchase plan ........ 344,542 4 3,770 3,774
Net settlement on vesting of restricted stock 1,421,705 14 (7,850) (7,836)
Stock-based employee compensation
charges, net of tax of $0 .......... 36,560 36,560
Exercise of stock options, net of tax of
$(258) ..................... 1,343,659 14 7,621 7,635
Common shares issued to Directors ..... 107,758 1 1,187 1,188
Phantom shares issued to Directors ..... 238 238
Proceeds from disgorgement of stockholder
short-swing profits, net of tax of $3 .... 4 4
December 31, 2010 ................ $— 413,462,889 $ 4,135 $3,183,225 $(1,110,362) $ 37,823 $ 16,502 $2,131,323
The accompanying notes are an integral part of these financial statements.
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