Lumber Liquidators 2011 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2011 Lumber Liquidators 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 73

  • 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

Lumber Liquidators Holdings, Inc.
Consolidated Statements of Stockholders’ Equity
(in thousands, except share data)
Common Stock
Shares
Par
Value
Additional
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Stockholders’
Equity
Balance, December 31, 2008 ................ 26,796,891 $ 27 $ 87,613 $ 26,757 $ — $114,397
Stock-Based Compensation Expense ...... — — 2,955 — — 2,955
Exercise of Stock Options ............... 393,199 — 3,281 — — 3,281
Excess Tax Benefits on Stock Option
Exercises .......................... — — 1,200 — — 1,200
Release of Restricted Stock .............. 58,063 — — — — —
Common Stock Purchased Pursuant to
Equity Compensation Plans ............ (13,931) — (323) — — (323)
Net Income .......................... — — — 26,924 — 26,924
Balance, December 31, 2009 ................ 27,234,222 $ 27 $ 94,726 $ 53,681 $ — $148,434
Stock-Based Compensation Expense ...... — — 3,091 — — 3,091
Exercise of Stock Options ............... 206,821 — 1,796 — — 1,796
Excess Tax Benefits on Stock Option
Exercises .......................... — — 1,307 — — 1,307
Release of Restricted Stock .............. 48,245 — — — — —
Common Stock Purchased Pursuant to
Equity Compensation Plans ............ (16,608) — (389) — — (389)
Net Income .......................... — — — 26,266 — 26,266
Balance, December 31, 2010 ................ 27,472,680 $ 27 $100,531 $ 79,947 $ — $180,505
Stock-Based Compensation Expense ...... — — 4,005 — — 4,005
Exercise of Stock Options ............... 377,775 1 3,070 — — 3,071
Excess Tax Benefits on Stock Option
Exercises .......................... — — 1,690 — — 1,690
Release of Restricted Stock .............. 55,551 — — — — —
Common Stock Purchased Pursuant to
Equity Compensation Plans ............ (11,463) — (249) — — (249)
Translation Adjustment ................. — — — — (194) (194)
Net Income .......................... — — — 26,256 — 26,256
Balance, December 31, 2011 ................ 27,894,543 $ 28 $109,047 $106,203 $(194) $215,084
See accompanying notes to consolidated financial statements
44