Hertz 2012 Annual Report Download - page 120

HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(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
Balance at:
December 31, 2009 ................. $— 410,245,225 $4,102 $3,141,695 $(1,074,553) $ (3,331) $ 17,293 $2,085,206
Net loss attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders .................. (48,681) (48,681)
Other comprehensive income .......... 41,154 41,154
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 (1,123,234) 37,823 16,502 2,118,451
Net income attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders .................. 176,170 176,170
Other comprehensive loss ............ (66,237) (66,237)
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 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 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 $29 .... 48 48
December 31, 2011 ................. — 417,022,853 4,170 3,205,964 (947,064) (28,414) 19 2,234,675
Net income attributable to Hertz Global
Holdings, Inc. and Subsidiaries’ common
stockholders .................. 243,079 243,079
Other comprehensive income .......... 1,522 1,522
Employee stock purchase plan ......... 583,636 6 5,024 5,030
Net settlement on vesting of restricted stock . 2,016,299 20 (20,115) (20,095)
Stock-based employee compensation
charges, net of tax of $399 .......... 30,375 30,375
Exercise of stock options, net of tax of $888 . 1,738,609 18 11,202 11,220
Common shares issued to Directors ...... 124,465 1 1,487 1,488
Proceeds from disgorgement of stockholder
short-swing profits, net of tax of $6 ..... 11 11
December 31, 2012 ................. $— 421,485,862 $4,215 $3,233,948 $ (703,985) $(26,892) $ 19 $2,507,305
The accompanying notes are an integral part of these financial statements.
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