Incredimail 2011 Annual Report Download - page 93
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PERION NETWORK LTD. AND ITS SUBSIDIARIES
(Formerly: Incredimail Ltd.)
STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
U.S. dollars in thousands
*) Represent amount of less than $1
Total comprehensive income for the years ended December 31, 2009, 2010 and 2011 amounted to $8,418, $8,282 and $5,568, respectively.
The accompanying notes are an integral part of the consolidated financial statements.
Share
capital
Additional
paid-in
capital
Accumulated
other
comprehensive
income
Retained
earnings
Treasury
stock
Total
shareholders'
equity
Balance as of January 1, 2009
$
21
$
23,358
$
12
$
3,035
$
(882
)
$
25,544
Cumulative effect from adoption of FSP No. 115
-
2/124
-
2
(primarily codified in ASC 320-10, "Investments -
Debt and
Equity Securities
-
Overall")
on April 1, 2009
-
-
(210
)
210
-
-
Stock based compensation expense
-
672
-
-
-
672
Exercise of share options
-
984
-
-
-
984
Dividends
-
(2,624
)
-
(5,872
)
-
(8,496
)
Repurchase of Ordinary shares
-
-
-
-
(120
)
(120
)
Comprehensive income:
Net income
-
-
-
8,013
-
8,013
Reclassification adjustments to income on marketable
securities, net
-
-
405
-
-
405
Balance as of December 31, 2009
21
22,390
207
5,386
(1,002
)
27,002
Stock based compensation expense
-
761
-
-
-
761
Excess tax benefit from share
-
based payment arrangements
209
209
Exercise of share options
1
374
-
-
-
375
Dividends
-
-
-
(8,477
)
-
(8,477
)
Comprehensive income:
Net income
-
-
-
8,389
-
8,389
Reclassification adjustments to income on marketable
securities, net
-
-
(107
)
-
-
(107
)
Balance as of December 31, 2010
22
23,734
100
5,298
(1,002
)
28,152
Stock based compensation expense
-
1,200
-
-
-
1,200
Exercise of share options
*
)
30
-
-
-
30
Dividends
-
-
-
(3,885
)
-
(3,885
)
Issuance of shares related to acquisition
*
)
750
-
-
-
750
Comprehensive income:
Net income
-
-
-
5,668
-
5,668
Reclassification adjustments to income on marketable
securities, net
-
-
(100
)
-
-
(100
)
Balance as of December 31, 2011
$
22
$
25,714
$
-
$
7,081
$
(1,002
)
$
31,815
F
-
6