Oracle 2007 Annual Report Download - page 74

Table of Contents
ORACLE CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
For the Years Ended May 31, 2008, 2007 and 2006
Common Stock
and Additional Paid Accumulated
in Capital Other
Comprehensive Number of Retained Deferred Comprehensive
(in millions) Income Shares Amount Earnings Compensation Income Total
Balances as of May 31, 2005 5,145 $ 6,596 $ 4,043 $ (45) $ 243 $ 10,837
Common stock issued under
stock award plans $ — 87 573 — — — 573
Common stock issued under
stock purchase plan — 6 59 — — — 59
Issuance of stock and
assumption of stock awards
in connection with
acquisitions — 141 2,042 — (39) — 2,003
Amortization of deferred
stock-based compensation — — (5) — 54 — 49
Repurchase of common stock — (147) (181) (1,886) — — (2,067)
Tax benefit from stock plans — — 162 — — — 162
Minimum benefit plan liability
adjustments (3) — — — — (3) (3)
Foreign currency translation 7 — — — — 7 7
Equity hedge gain, net of tax 14 — — — — 14 14
Net unrealized losses on
marketable securities, net of
tax (3) — — — — (3) (3)
Net income 3,381 — — 3,381 — — 3,381
Comprehensive income $ 3,396
Balances as of May 31, 2006 5,232 9,246 5,538 (30) 258 15,012
Common stock issued under
stock award plans $ — 106 873 — — — 873
Common stock issued under
stock purchase plan — 3 51 — — — 51
Assumption of stock awards in
connection with acquisitions — — 97 — — — 97
Reclassification of deferred
compensation upon adoption
of Statement 123(R) — — (30) — 30 — —
Stock-based compensation — — 207 — — — 207
Repurchase of common stock — (234) (395) (3,589) — — (3,984)
Tax benefit from stock plans — — 244 — — — 244
Minimum benefit plan liability
adjustments 10 — — — — 10 10
Adjustment to accumulated
other comprehensive income
upon adoption of Statement
158 — — — — — 29 29
Foreign currency translation 82 — — — — 82 82
Equity hedge gain, net of tax 28 — — — — 28 28
Net unrealized losses on
marketable securities, net of
tax (4) — — — — (4) (4)
Net income 4,274 — — 4,274 — — 4,274
Comprehensive income $ 4,390
Balances as of May 31, 2007 5,107 10,293 6,223 — 403 16,919
Common stock issued under
stock award plans $ — 137 1,229 — — — 1,229
Common stock issued under
stock purchase plans — 3 59 — — — 59
Assumption of stock awards in
connection with acquisitions — — 240 — — — 240
Stock-based compensation — — 367 — — — 367
Repurchase of common stock — (97) (214) (1,786) — — (2,000)
Tax benefit from stock plans — — 472 — — — 472
Adjustment to retained earnings
upon adoption of FIN 48 — — — 3 — — 3
Net unrealized loss on defined
benefit plan assets, net of tax (9) — — — — (9) (9)
Foreign currency translation 300 — — — — 300 300
Net unrealized losses on
derivative financial
instruments, net of tax (77) — — — — (77) (77)
Net unrealized gain on
marketable securities, net of
tax 1 — — — — 1 1
Net income 5,521 — — 5,521 — — 5,521
Comprehensive income $ 5,736
Balances as of May 31, 2008 5,150 $ 12,446 $ 9,961 $ — $ 618 $ 23,025
See notes to consolidated financial statements.
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Source: ORACLE CORP, 10-K, July 02, 2008 Powered by Morningstar® Document Research℠