JetBlue Airlines 2005 Annual Report Download - page 56

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JETBLUE AIRWAYS CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In milllions)
Shares Common
Stock
Additional
Paid-In
Capital Retained
Earnings Unearned
Compensation
Accumulated
Other
Comprehensive
Income Total
Balance at December 31, 2002 . . . 143 $ 1 $ 407 $ 16 $ (9) $ — $ 415
Net income ............... — — — 103 — — 103
Change in fair value of
derivatives, net of $4 in
taxes .................. — — — — — 6 6
Total comprehensive income . . . 109
Proceeds from secondary
offering, net of offering
expenses ................. 7 — 123 — — — 123
Exercise of common stock
options .................. 2 — 4 — — — 4
Tax benefit of options
exercised ................. — — 9 — — — 9
Amortization of unearned
compensation ............. — — — — 1 — 1
Stock issued under crewmember
stock purchase plan ........ 1 — 9 — — — 9
Balance at December 31, 2003 . . . 153 1 552 119 (8) 6 670
Net income ............... — — — 46 — — 46
Change in fair value of
derivatives, net of $8 in
taxes .................. — — — — — 13 13
Reclassifications into
earnings, net of $4 in taxes . — — — — — (6) (6)
Total comprehensive income . . . 53
Exercise of common stock
options .................. 2 — 4 — — — 4
Tax benefit of options
exercised ................. — — 9 — — — 9
Amortization of unearned
compensation ............. — — — — 2 — 2
Stock issued under crewmember
stock purchase plan ........ 1 — 16 — — — 16
Balance at December 31, 2004 . . . 156 1 581 165 (6) 13 754
Net loss.................. — — — (20) — — (20)
Reclassifications into
earnings, net of $8 in taxes . — — — — — (13) (13)
Total comprehensive loss ...... (33)
Proceeds from secondary
offering, net of offering
expenses ................. 13 1 152 — — — 153
Exercise of common stock
options .................. 2 — 6 — — — 6
Tax benefit of options
exercised ................. — — 5 — — — 5
Amortization of unearned
compensation ............. — — — — 2 — 2
Stock issued under crewmember
stock purchase plan ........ 2 — 17 — — — 17
Acceleration of stock options . . — — 3 4 — 7
Balance at December 31, 2005 . . . 173 $ 2 $ 764 $ 145 $ — $ — $ 911
See accompanying notes to consolidated financial statements.
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