Hertz 2011 Annual Report Download - page 176

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, 2008 .................. 322,987,299 $3,230 $2,503,819 $ (945,025) $(100,135) $ 1,461,889
Net loss ........................ (129,528) (129,528)
Total Comprehensive Income of subsidiaries . . . 96,804 96,804
Total Comprehensive Loss ............. (32,724)
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 (1,074,553) (3,331) 2,067,913
Net loss ........................ (25,681) (25,681)
Reduction in subsidiary equity for dividends
received ...................... (23,000) (23,000)
Total Comprehensive Income of subsidiaries . . . 41,154 41,154
Total Comprehensive Loss ............. (7,527)
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 (1,123,234) 37,823 2,101,949
Net loss attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders .................... 199,120 199,120
Reduction of subsidiary equity for dividends
received ...................... (22,950) (22,950)
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, net of tax of
$15,555 ....................... (29,361) (29,361)
Total Comprehensive Income ............ 109,933
Employee stock purchase plan, net of tax of $0 . 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 and Phantom shares issued to
Directors ...................... 22,391 1,593 1,593
Proceeds from disgorgement of stockholder
short-swing profits, net of tax $24 ........ 48 48
Acquire remaining interest of non-controlling
interest, net of tax of $9,798 ........... (15,287) (15,287)
December 31, 2011 .................. 417,022,853 $4,170 $3,205,964 $ (947,064) $ (28,414) $ 2,234,656
The accompanying notes are an integral part of these financial statements.
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