JetBlue Airlines 2010 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2010 JetBlue Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 122

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122

JETBLUE AIRWAYS CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In millions)
Common
Shares
Common
Stock
Treasury
Shares
Treasury
Stock
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Total
Balance at December 31, 2007 . . 182 $ 2 — $— $ 884 $145 $ 19 $1,050
Net loss . . . . . . . . . . . . . . . . — — — — — (84) — (84)
Changes in comprehensive
loss (Note 15) . . . . . . . . . . — — — — — — (103) (103)
Total comprehensive loss . . . . . . . (187)
Exercise of common stock
options . . . . . . . . . . . . . . . . . 1 — — — 1 — — 1
Stock compensation expense . . . — — — — 16 — — 16
Stock issued under crewmember
stock purchase plan . . . . . . . . 2 — — — 9 — — 9
Proceeds from secondary
offering, net of offering
expenses . . . . . . . . . . . . . . . . 43 — — — 301 — — 301
Shares loaned under 2008 Share
Lending Agreement . . . . . . . . 44 1 — — 3 — — 4
Conversions of 2008 Series A
and B convertible notes . . . . . 17 — — — 76 — — 76
Shares returned pursuant to
2008 share lending . . . . . . . . — — 17 — — — — —
Balance at December 31, 2008 . . 289 3 17 — 1,290 61 (84) 1,270
Net income . . . . . . . . . . . . . . — — — — — 61 — 61
Changes in comprehensive
income (Note 15). . . . . . . . — — — — — — 85 85
Total comprehensive income . . . . . 146
Vesting of restricted stock
units . . . . . . . . . . . . . . . . . . . 1 — — (2) — — — (2)
Stock compensation expense . . . — — — — 15 — — 15
Stock issued under crewmember
stock purchase plan . . . . . . . . 1 — — — 7 — — 7
Proceeds from secondary
offering, net of offering
expenses . . . . . . . . . . . . . . . . 26 — — — 109 — — 109
Other . . . . . . . . . . . . . . . . . . . . 2 — 10 — 1 — — 1
Balance at December 31, 2009 . . 319 3 27 (2) 1,422 122 1 1,546
Net income . . . . . . . . . . . . . . — — — — — 97 — 97
Changes in comprehensive
income (Note 15). . . . . . . . — — — — — — (11) (11)
Total comprehensive income . . . . . 86
Vesting of restricted stock
units . . . . . . . . . . . . . . . . . . . 1 — 1 (2) — — — (2)
Stock compensation expense . . . — — — — 15 — — 15
Stock issued under crewmember
stock purchase plan . . . . . . . . 1 — — — 7 — — 7
Other . . . . . . . . . . . . . . . . . . . . 1 — — — 2 — — 2
Balance at December 31, 2010 . . 322 $ 3 28 $ (4) $1,446 $219 $ (10) $1,654
See accompanying notes to consolidated financial statements.
48