Panera Bread 2015 Annual Report Download - page 57

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47
PANERA BREAD COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLING INTEREST
(in thousands)
Common Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Redeemable
Noncontrolling
Interest
Class A Class B Treasury Stock
Shares Amount Shares Amount Shares Amount Total
Balance, December 25, 2012.28,209 $ 3 1,384 $ — 2,250 $ (207,161) $ 174,690 $ 853,715 $ 672 $821,919 $ —
Net income . . . . . . . . . . . . . . . — — — — — — — 196,169 — 196,169 —
Other comprehensive income
(loss) . . . . . . . . . . . . . . . . . . . . ————— — — — (1,005)(1,005)—
Issuance of common stock . . . 20 — — — — — 2,841 — — 2,841 —
Stock-based compensation
expense . . . . . . . . . . . . . . . . . . — — — — — — 10,703 — — 10,703 —
Repurchase of common stock .(2,033) — — — 2,033 (339,409)— — —
(339,409)—
Tax benefit from exercise of
stock options . . . . . . . . . . . . . . — — — — — — 8,100 — — 8,100 —
Other . . . . . . . . . . . . . . . . . . . . 94 — (2) — — — 574 — — 574 —
Balance, December 31, 2013.26,290 $ 3 1,382 $ — 4,283 $ (546,570) $ 196,908 $ 1,049,884 $ (333) $699,892 $ —
Net income . . . . . . . . . . . . . . . — — — — — — — 179,293 — 179,293 —
Other comprehensive income
(loss) . . . . . . . . . . . . . . . . . . . . ————— — — — (1,027)(1,027)—
Issuance of common stock . . . 23 — — — — — 3,247 — — 3,247 —
Stock-based compensation
expense . . . . . . . . . . . . . . . . . . — — — — — — 10,077 — — 10,077 —
Repurchase of common stock .(978) — — — 978 (159,503)— — —
(159,503)—
Tax benefit from exercise of
stock options . . . . . . . . . . . . . . — — — — — — 3,089 — — 3,089 —
Other . . . . . . . . . . . . . . . . . . . . 108 — — — — — 1,116 — — 1,116 —
Balance, December 30, 2014.25,443 $ 3 1,382 $ — 5,261 $ (706,073) $ 214,437 $ 1,229,177 $ (1,360) $736,184 $ —
Net income (loss) . . . . . . . . . . — — — — — — — 149,342 — 149,342 (17)
Other comprehensive income
(loss) . . . . . . . . . . . . . . . . . . . . ————— — — — (3,669)(3,669)—
Issuance of common stock . . . 23 — — — — — 3,527 — — 3,527 —
Stock-based compensation
expense . . . . . . . . . . . . . . . . . . — — — — — — 15,086 — — 15,086 —
Repurchase of common stock .(2,229) — — — 2,229 (405,513)— — —
(405,513)—
Tax benefit from exercise of
stock options . . . . . . . . . . . . . . — — — — — — 2,057 — — 2,057 —
Redeemable noncontrolling
interest resulting from
acquisition . . . . . . . . . . . . . . . . — — — — — — — — — — 3,998
Other . . . . . . . . . . . . . . . . . . . . 109 — — — — — 286 — — 286 —
Balance, December 29, 2015.23,346 $ 3 1,382 $ — 7,490 $ (1,111,586) $ 235,393 $ 1,378,519 $ (5,029) $497,300 $ 3,981
The accompanying notes are an integral part of the consolidated financial statements.