Logitech 2007 Annual Report Download - page 125

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LOGITECH INTERNATIONAL S.A.
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(In thousands)
Registered shares Additional
paid-in
capital
Treasury shares Retained
earnings
Accumulated
other
comprehensive
loss TotalShares Amount Shares Amount
March 31, 2004 ....................... 191,606 $33,370 $132,797 11,606 $(102,397) $435,387 $(42,077) 457,080
Net income ........................... — — — — — 149,266 — 149,266
Cumulative translation adjustment ........ — — — — — — (2,522) (2,522)
Deferred realized hedging gains .......... — — — — — — 708 708
Total comprehensive income ......... 147,452
Tax benefit from exercise of stock
options ............................ — — 10,157 — — — — 10,157
Purchase of treasury shares .............. — — — 11,100 (134,525) — — (134,525)
Sale of shares upon exercise of options and
purchase rights ...................... — — (17,209) (8,064) 63,194 — — 45,985
March 31, 2005 ....................... 191,606 $33,370 $125,745 14,642 $(173,728) $584,653 $(43,891) $ 526,149
Net income ........................... — — — — — 181,105 — 181,105
Cumulative translation adjustment ........ — — — — — — (3,314) (3,314)
Change in unrealized gain on investment, net
of tax of $1,659 ..................... — — — — — — 19,611 19,611
Deferred realized hedging loss ........... — — — — — — (617) (617)
Total comprehensive income ............. 196,785
Tax benefit from exercise of stock
options ............................ — — 15,714 — — — — 15,714
Purchase of treasury shares .............. — — — 12,276 (241,352) — — (241,352)
Sale of shares upon exercise of options and
purchase rights ...................... — — (46,716) (7,066) 95,922 — — 49,206
Conversion of convertible debt ........... — — 5,596 (10,897) 133,078 — 138,674
March 31, 2006 ....................... 191,606 $33,370 $100,339 8,955 $(186,080) $765,758 $(28,211) $ 685,176
Net income ........................... — — — — 229,848 — 229,848
Cumulative translation adjustment ........ — — — — — — 9,695 9,695
Change in unrealized gain on investment, net
oftaxof$601....................... — — — — — — (10,211) (10,211)
Reclassification adjustment for net realized
gains on investment, net of tax of
$1,058 ............................ — — — — — — (9,400) (9,400)
Deferred realized hedging loss ........... — — — — — — 697 697
Total comprehensive income ......... 220,629
Adoption of SFAS 158, net of tax of $859 . . — — — — — — (2,728) (2,728)
Tax benefit from exercise of stock
options ............................ — — 14,668 — — — — 14,668
Purchase of treasury shares .............. — — — 5,610 (138,095) — — (138,095)
Sale of shares upon exercise of options and
purchase rights ...................... — — (62,396) (5,201) 107,102 — — 44,706
Share-based compensation expense related to
employee stock options and stock
purchase plan ....................... — — 20,168 — — — — 20,168
March 31, 2007 ....................... 191,606 $33,370 $ 72,779 9,364 $(217,073) $995,606 $(40,158) $ 844,524
The accompanying notes are an integral part of these consolidated financial statements.
F-7
CG
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