Hertz 2011 Annual Report Download - page 115
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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, 2010 ................. $— 413,462,889 $4,135 $3,183,225 $(1,123,234) $ 37,823 $ 16,502 $2,118,451
Net income attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders .................. 176,170 176,170
Unrealized loss on investment, net of tax of
$(1,127) ..................... (984) (984)
Translation adjustment changes, net of tax of
$(1,291) ..................... (23,545) (23,545)
Unrealized holding gains on securities, net of
tax of $0 ..................... 226 226
Unrealized loss on Euro-denominated debt,
net of tax of $(4,144) .............. (12,573) (12,573)
Defined benefit pension plans:
Amortization or settlement recognition of
net gain .................... (4,021) (4,021)
Net loss arising during the period ...... (40,895) (40,895)
Income tax related to defined pension plans . 15,555 15,555
Defined benefit pension plans, net ....... (29,361) (29,361)
Total Comprehensive Income .......... 109,933
Dividend payment to noncontrolling interest . . (23,100) (23,100)
Net income relating to noncontrolling interest . 19,560 19,560
Acquisition of remaining portion of
non-controlling interest, net of tax of $9,798 . . (15,287) (12,943) (28,230)
Employee stock purchase plan ......... 323,752 3 4,205 4,208
Net settlement on vesting of restricted stock . 1,238,091 11 (11,476) (11,465)
Stock-based employee compensation
charges, net of tax of $0 ........... 31,093 31,093
Exercise of stock options, net of tax of $474 . 1,975,730 21 12,563 12,584
Common shares issued to Directors ...... 22,391 1,377 1,377
Phantom shares issued to Directors ...... 216 216
Proceeds from disgorgement of stockholder
short-swing profits, net of tax of $24 ..... 48 48
December 31, 2011 ................. $— 417,022,853 $4,170 $3,205,964 $ (947,064) $ (28,414) $ 19 $2,234,675
The accompanying notes are an integral part of these financial statements.
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