JetBlue Airlines 2006 Annual Report Download - page 57

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JETBLUE AIRWAYS CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In millions)
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Unearned
Compensation
Accumulated
Other
Comprehensive
Income (Loss) Total
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
Net loss .................... — — — (1) — — (1)
Change in fair value of
derivatives, net of $5 in taxes . . — — — — — (7) (7)
Total comprehensive loss......... (8)
Exercise of common stock
options ..................... 3 — 11 — — — 11
Stock compensation expense ...... — — 21 — — — 21
Stock issued under crewmember
stock purchase plan ........... 2 — 17 — — — 17
Balance at December 31, 2006 ...... 178 $ 2 $ 813 $ 144 $ — $ (7) $ 952
See accompanying notes to consolidated financial statements.
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