JetBlue Airlines 2007 Annual Report Download - page 58

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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, 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
Net income .................. — — — 18 — — 18
Reclassification into earnings, net
of $5 in taxes ............... — — — — — 7 7
Change in fair value of
derivatives, net of $13 in taxes. . — — — — — 19 19
Total comprehensive loss ......... 44
Exercise of common stock options . . 2 — 8 — — — 8
Stock compensation expense....... — — 14 — — — 14
Stock issued under crewmember
stock purchase plan ............ 2 — 18 — — — 18
Balance at December 31, 2007 ....... 182 $ 2 $853 $162 $— $ 19 $1,036
See accompanying notes to consolidated financial statements.
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