LinkedIn 2012 Annual Report Download - page 74
Download and view the complete annual report
Please find page 74 of the 2012 LinkedIn 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.-
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
 |
 |
72
LINKEDIN CORPORATION
CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK
AND STOCKHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010
(In thousands, except shares)
Stockholders’ Equity
Redeemable Accumulated
Convertible Convertible Additional Other Accumulated
Preferred Stock Preferred Stock Common Stock Paid-In Comprehensive Earnings
Shares Amount Shares Amount Shares Amount Capital Income (Loss) (Deficit) Total
BALANCE—December 31, 2009 ................... 10,957,631 $ 87,981 34,619,205 $ 15,413 41,745,728 $ 4 $ 13,725 $ (3) $(20,057) $ 9,082
Issuance of Series A convertible preferred stock upon
exercise of warrant ........................ — — 70,365 433 — — — — — 433
Issuance of common stock upon exercise of employee stock
options ................................ — — — — 1,796,826 — 1,307 — — 1,307
Vesting of early exercised stock options ............. — — — — — — 767 — — 767
Repurchase of unvested early exercised stock options ..... — — — — (233,812) — — — — —
Stock-based compensation ..................... — — — — — — 9,146 — — 9,146
Income tax benefit from employee stock option exercises . . . — — — — — — 129 — — 129
Net income .............................. — — — — — — — — 15,385 15,385
BALANCE—December 31, 2010 ................... 10,957,631 $ 87,981 34,689,570 $ 15,846 43,308,742 $ 4 $ 25,074 $ (3) $ (4,672) $ 36,249
Issuance of common stock upon initial public offering, net of
offering costs ............................ — — — — 6,003,804 1 248,405 — — 248,406
Conversion of preferred stock to common stock upon initial
public offering ........................... (10,957,631) (87,981) (34,689,570) (15,846) 45,647,201 5 103,822 — — 87,981
Issuance of common stock in connection with follow-on
offering, net of offering costs .................. — — — — 2,583,755 — 177,318 — — 177,318
Issuance of common stock upon exercise of employee stock
options ................................ — — — — 3,665,152 — 13,068 — — 13,068
Issuance of common stock in connection with employee stock
purchase plan ............................ — — — — 164,367 — 6,287 — — 6,287
Issuance of common stock related to acquisitions ....... — — — — 129,203 — 8,059 — — 8,059
Vesting of early exercised stock options ............. — — — — — — 3,704 — — 3,704
Repurchase of unvested early exercised stock options ..... — — — — (21,830) — — — — —
Stock-based compensation ..................... — — — — — — 30,292 — — 30,292
Income tax benefit from employee stock option exercises . . . — — — — — — 1,600 — — 1,600
Change in net unrealized gain on investments .......... — — — — — — — 103 — 103
Net income .............................. — — — — — — — — 11,912 11,912
BALANCE—December 31, 2011 ................... — $ — — $ — 101,480,394 $10 $617,629 $100 $ 7,240 $624,979
See notes to consolidated financial statements.