Hertz 2010 Annual Report Download - page 163

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SCHEDULE I (Continued)
HERTZ GLOBAL HOLDINGS, INC.
PARENT COMPANY STATEMENTS OF STOCKHOLDERS’ EQUITY
(In Thousands of Dollars, except share data)
Retained Accumulated
Additional Earnings Other Total
Common Stock Paid-In (Accumulated Comprehensive Stockholders’
Shares Amount Capital Deficit) Income (Loss) Equity
Balance at:
December 31, 2007 ............. 321,862,083 $3,219 $2,469,213 $ 270,450 $ 170,507 $ 2,913,389
Net loss ................... (1,206,746) (1,206,746)
Total Comprehensive Loss of
subsidiaries ............... (270,642) (270,642)
Total Comprehensive Loss ........ (1,477,388)
Stock-based employee compensation
charges, including tax benefit of
$643 .................... 27,380 27,380
Exercise of stock options ........ 1,086,360 11 6,743 6,754
Common shares issued to Directors . 38,856 243 243
Phantom shares issued to Directors . . 150 150
Proceeds from disgorgement of
stockholder short-swing profits, net
of tax of $48 ............... 90 90
December 31, 2008 ............. 322,987,299 3,230 2,503,819 (936,296) (100,135) 1,470,618
Net loss ................... (126,022) (126,022)
Total Comprehensive Income of
subsidiaries ............... 96,804 96,804
Total Comprehensive Loss ........ (29,218)
Proceeds from sale of common stock . 85,001,182 850 527,908 528,758
Proceeds from debt offering, net of
tax of $46,204 .............. 68,140 68,140
Stock-based employee compensation
charges, net of tax of $0 ....... 35,464 35,464
Exercise of stock options ........ 1,158,892 12 5,330 5,342
Employee stock purchase plan ..... 513,638 5 2,818 2,823
Proceeds from disgorgement of
stockholder short-swing profits, net
of tax of $7 ................ 12 12
Net settlement on vesting of restricted
stock ................... 402,593 4 (2,223) (2,219)
Common shares issued to Directors . 181,621 1 245 246
Phantom shares issued to Directors . . 182 182
December 31, 2009 ............. 410,245,225 4,102 3,141,695 (1,062,318) (3,331) 2,080,148
Net loss ................... (25,044) (25,044)
Reduction in subsidiary equity for
dividends received ........... (23,000) (23,000)
Total Comprehensive Income of
subsidiaries ............... 41,154 41,154
Total Comprehensive Loss ........ (6,890)
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
Employee stock purchase plan ..... 344,542 4 3,770 3,774
Proceeds from disgorgement of
stockholder short-swing profits, net
of tax of $3 ................ 4 4
Net settlement on vesting of restricted
stock ................... 1,421,705 14 (7,850) (7,836)
Common shares issued to Directors . 107,758 1 1,187 1,188
Phantom shares issued to Directors . . 238 238
December 31, 2010 ............. 413,462,889 $4,135 $3,183,225 $(1,110,362) $ 37,823 $ 2,114,821
The accompanying notes are an integral part of these financial statements.
139