NetSpend 2014 Annual Report Download - page 45

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Consolidated Statements of Changes in Equity
TSYS Shareholders
Redeemable
Noncontrolling
Interests
Common Stock Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income (Loss) Treasury
Stock Retained
Earnings Noncontrolling
Interests Total
Equity(in thousands, except per share data) Shares Dollars
Balance as of December 31, 2011 ...... — 201,860 $ 20,186 125,948 (445) (225,034) 1,380,634 19,720 $ 1,321,009
Net income ......................... $ 1,505 — — — — — 244,280 4,138 248,418
Other comprehensive income
(Note 21) ......................... 1,853 (1,336) 517
Common stock issued from treasury
shares for exercise of stock options
(Note 19) ......................... — — — (2,386) — 12,377 — — 9,991
Common stock issued for nonvested
awards (Note 19) .................. — 611 61 (61) — — — — —
Common stock issued from treasury
shares for nonvested awards
(Note 19) ......................... — — — (628) — 628 — — —
Share-based compensation (Note 19) . . . — — — 18,623 — — — — 18,623
Cash dividends declared ($0.40 per
share) ............................ — — — — — — (75,851) — (75,851)
Purchase of treasury shares (Note 20) . . . — — — — — (75,272) — — (75,272)
Subsidiary dividends paid to
noncontrolling interests ............. — — — — — — — (2,797) (2,797)
Fair value of noncontrolling interest in
CPAY ............................ 38,000 — — — — — — — —
Tax benefits associated with share-based
compensation ..................... — — — 297 — — — — 297
Balance as of December 31, 2012 ...... 39,505 202,471 20,247 141,793 1,408 (287,301) 1,549,063 19,725 1,444,935
Net income ......................... 6,515 — — — — — 244,750 5,331 250,081
Other comprehensive income
(Note 21) ......................... — — — — 2,341 — — (2,754) (413)
Replacement share-based awards issued
in connection with acquisition
(Note 19) ......................... — — — (1,167) — 16,723 — — 15,556
Common stock issued from treasury
shares for exercise of stock options
(Note 19) ......................... — — — (700) — 41,391 — — 40,691
Common stock issued for nonvested
awards (Note 19) .................. — 319 32 (32) — — — — —
Common stock issued from treasury
shares for nonvested awards
(Note 19) ......................... — — — (5,747) — 5,747 — — —
Share-based compensation (Note 19) . . . — — — 28,972 — — — — 28,972
Common stock issued from treasury
shares for dividend equivalents
(Note 19) ......................... — — — 36 — 301 161 — 498
Cash dividends declared ($0.40 per
share) ............................ — — — — — — (75,770) — (75,770)
Purchase of treasury shares (Note 20) . . . — — — — — (103,857) — — (103,857)
Subsidiary dividends paid to
noncontrolling interests ............. (6,368) — — — — — — (953) (953)
Tax benefits associated with share-based
compensation ..................... — — — 2,686 — — — — 2,686
Balance as of December 31, 2013 ...... 39,652 202,790 20,279 165,841 3,749 (326,996) 1,718,204 21,349 1,602,426
Net income ........................ 4,650 — — — — — 322,872 1,884 324,756
Other comprehensive income
(Note 21) ........................ — — — — (15,675) — — (421) (16,096)
Common stock issued from treasury
shares for exercise of stock options
(Note 19) ........................ — — — 1,955 — 32,914 — — 34,869
Common stock unissued due to
forfeiture of nonvested awards ..... — (15) (1) 1 — — — — —
Common stock issued from treasury
shares for nonvested awards
(Note 19) ........................ — — — (11,142) — 11,142 — — —
Share-based compensation
(Note 19) ........................ — — — 30,312 — — — — 30,312
Common stock issued from treasury
shares for dividend equivalents
(Note 19) ........................ — — — 185 — 226 — — 411
Cash dividends declared ($0.40 per
share) ........................... — — — — — — (74,706) — (74,706)
Purchase of treasury shares
(Note 20) ........................ — — — — — (170,516) — — (170,516)
Subsidiary dividends paid to
noncontrolling interests ............ (6,732) — — — — — — (440) (440)
Fair value of noncontrolling interest ... (15,078) — — (22,422) — — — — (22,422)
Disposition of noncontrolling interest
(Note 2) ......................... — — — — — — — (15,490) (15,490)
Tax benefits associated with
share-based compensation ......... — — — 6,540 — — — — 6,540
Balance as of December 31, 2014 ..... $ 22,492 202,775 $20,278 171,270 (11,926) (453,230) 1,966,370 6,882 $1,699,644
See accompanying Notes to Consolidated Financial Statements
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