MoneyGram 2011 Annual Report Download - page 91

Table of Contents MONEYGRAM INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT
Accumulated
Additional Unearned Other
Preferred Common Paid−In Retained Employee Comprehensive Treasury
(Amounts in thousands) Stock Stock Capital Loss Benefits Loss Stock Total
December 31, 2008 — 886 62,324 (649,254) (424) (42,707) (152,561) (781,736)
Net loss (1,906) (1,906)
Accrued dividends on mezzanine equity (66,525) (43,754) (110,279)
Accretion on mezzanine equity (10,213) (10,213)
Employee benefit plans 14,414 416 (745) 14,085
Net unrealized gain on available−for−sale securities 7,178 7,178
Reclassification of unrealized gain on derivative
financial instruments, net of tax (780) (780)
Amortization of prior service cost for pension and
postretirement benefits, net of tax 173 173
Amortization of unrealized losses on pension and
postretirement benefits, net of tax 4,543 4,543
Valuation adjustment for pension and postretirement
benefit plans, net of tax (3,672) (3,672)
Unrealized foreign currency translation adjustment, net
of tax (406) (406)
December 31, 2009 — 886 — (694,914) (8) (35,671) (153,306) (883,013)
Net income 43,801 43,801
Accrued dividends on mezzanine equity (25,570) (99,435) (125,005)
Accretion on mezzanine equity (10,020) (10,020)
Employee benefit plans 35,590 (20,996) 8 13,361 27,963
Net unrealized gain on available−for−sale securities 4,786 4,786
Amortization of prior service cost for pension and
postretirement benefits, net of tax 52 52
Amortization of unrealized losses on pension and
postretirement benefits, net of tax 3,122 3,122
Valuation adjustment for pension and postretirement
benefit plans, net of tax (4,400) (4,400)
Unrealized foreign currency translation adjustment, net
of tax 232 232
December 31, 2010 — 886 — (771,544) — (31,879) (139,945) (942,482)
Net income 59,406 59,406
Accrued dividends on mezzanine equity (2,115) (28,819) (30,934)
Accretion on mezzanine equity (1,575) (76,952) (78,527)
Cash dividends paid on mezzanine equity (20,477) (20,477)
Conversion of mezzanine equity 394,215 2,864 713,232 1,110,311
Additional consideration in connection with conversion
of mezzanine equity 52,710 282 95,472 (366,797) (218,333)
1 for 8 reverse stock split (3,489) 3,489 —
Conversion of D Stock to common stock (165,027) 80 164,947 —
Employee benefit plans 15,738 (11,360) 12,609 16,987
Net unrealized gain on available−for−sale securities 183 183
Amortization of prior service cost for pension and
postretirement benefits, net of tax (370) (370)
Amortization of unrealized losses on pension and
postretirement benefits, net of tax 4,049 4,049
Valuation adjustment for pension and postretirement
benefit plans, net of tax (5,838) (5,838)
Unrealized foreign currency translation adjustment, net
of tax (4,173) (4,173)
December 31, 2011 $ 281,898 $ 623 $ 989,188 $(1,216,543) $ — $ (38,028) $(127,336) $ (110,198)
See Notes to Consolidated Financial Statements
F−9