PBF Energy 2013 Annual Report Download - page 110

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See notes to consolidated financial statements.
F- 14
PBF HOLDING COMPANY LLC
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(IN THOUSANDS)
Member’s
Equity
Accumulated
Other
Comprehensive
Loss
Retained
Earnings Total
Balance at January 1, 2011 $ 516,231 $ (1,049)$ (56,521) $ 458,661
Member contributions 408,397 — — 408,397
Stock based compensation 2,516 — — 2,516
Net income — — 242,671 242,671
Other comprehensive income —(1,327)—
(1,327)
Balance at December 31, 2011 927,144 (2,376) 186,150 1,110,918
Member distributions ——
(160,965)(160,965)
Stock based compensation 2,954 — — 2,954
Net income — — 805,312 805,312
Other comprehensive income —(6,565)—
(6,565)
Balance at December 31, 2012 930,098 (8,941) 830,497 1,751,654
Member distributions — — (215,846)(215,846)
Member contribution 1,757 — — 1,757
Stock based compensation 1,309 — — 1,309
Net income — — 238,876 238,876
Other comprehensive income —(5,597)—
(5,597)
Balance at December 31, 2013 $ 933,164 $ (14,538) $ 853,527 $ 1,772,153