Priceline 2010 Annual Report Download - page 155

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81
priceline.com Incorporated
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2010, 2009 and 2008
(In thousands)
Additional Accumulated Accumulated Other
Common Stock Treasury Stock Paid-in Earnings Comprehensive Comprehensive
Shares Amount Shares Amount Capital (Deficit) Income (Loss) Income Total
Balance, December 31, 2007 45,118 $ 346 (6,646) $ (489,106) $ 2,018,432 $ (1,126,391) $ 50,344 $ 453,625
Net income applicable to common stockholders - - - - - 182,246 - $ 182,246
Unrealized gain on marketable securities, net of tax of $0 - - - - - - 260 260
Currency translation adjustment, net of tax of $0 - - - - - - (91,001) (91,001)
Comprehensive income $ 91,505 91,505
Reversal of redeemable noncontrolling interests fair value
adjustments upon redemption of remaining shares - - - - 77,442 - -
77,442
Reclassification adjustment for convertible debt in mezzanine - - - - 26,669 - - 26,669
Exercise of stock options and vesting of restricted stock units
and/or performance shares 283 2 - - 5,505 - -
5,507
Repurchase of common stock - - (39) (4,449) - - - (4,449)
Stock-based compensation and other stock based payments - - - - 40,448 - - 40,448
Conversion of debt 2,264 19 - - 1,023 - - 1,042
Excess tax benefit from stock-based compensation - - - - 7,037 - - 7,037
Balance, December 31, 2008 47,665 $ 367 (6,685) $ (493,555) $ 2,176,556 $ ( 944,145) $ (40,397) $ 698,826
Net income applicable to common stockholders - - - - - 489,472 - $ 489,472
Unrealized gain on marketable securities, net of tax of $0 - - - - - - 116 116
Currency translation adjustment, net of tax of $1,209 - - - - - - 37,281 37,281
Comprehensive income $ 526,869 526,869
Restricted stock forfeitures (3) - - - - - - -
Reclassification adjustment for convertible debt in mezzanine - - - - 18,203 - - 18,203
Exercise of stock options and vesting of restricted stock units
and/ or performance shares 1,200 9 - - 43,419 - -
43,428
Repurchase of common stock - - (180) (17,415) - - - (17,415)
Stock-based compensation and other stock based payments - - - - 40,671 - - 40,671
Conversion of debt 3,584 29 - - 8,869 - - 8,898
Excess tax benefit from stock-based compensation - - - - 2,149 - - 2,149
Balance, December 31, 2009 52,446 $ 405 (6,865) $ (510,970) $ 2,289,867 $ (454,673) $ (3,000) $ 1,321,629
Net income applicable to common stockholders - - - - - 527,541 - $ 527,541
Redeemable noncontrolling interests fair value adjustment - - - - - (3,758) - (3,758)
Unrealized gain on marketable securities, net of tax of $175 - - - - - - 294 294
Currency translation adjustment, net of tax of $11,311 - - - - - - (30,183) (30,183)
Comprehensive income $ 493,894 493,894
Redeemable noncontrolling interests fair value adjustments - - - - (4,118) - - (4,118)
Proceeds from the termination of conversion spread hedges 42,984 42,984
Reclassification adjustment for convertible debt in mezzanine - - - - 3,683 - - 3,683
Exercise of stock options and vesting of restricted stock units
and/or performance shares 663 5 - - 25,746 - -
25,751
Repurchase of common stock - - (556) (129,445) - - - (129,445)
Stock-based compensation and other stock-based payments - - - - 68,396 - - 68,396
Issuance of senior convertible notes - - - - 67,516 - - 67,516
Conversion of debt 3,458 28 - - (80,073) - - (80,045)
Excess tax benefit from stock-based compensation - - - - 3,091 - - 3,091
Balance, December 31, 2010 56,567 $ 438 (7,421) $ (640,415) $ 2,417,092 $ 69,110 $ (32,889) $ 1,813,336
See Notes to Consolidated Financial Statements.