Qualcomm 2002 Annual Report Download - page 61

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QUALCOMM 2002 ANNUAL REPORT
Accumulated
Other Total
Common Stock Paid-in Retained Comprehensive Stockholders’
Shares Amount Capital Earnings Income (Loss) Equity
BALANCE AT SEPTEMBER 30, 1999 646,363 $65 $2,587,899 $ 200,879 $ 82,912 $2,871,755
Components of comprehensive income:
Net income* — — — 622,146 — 622,146
Foreign currency translation — — — — 2,756 2,756
Change in unrealized gain on securities, net of income
taxes of $45,185 — — — — 67,216 67,216
Reclassification adjustment for net realized gains included
in net income, net of income taxes of $108,593 — — — — (161,539) (161,539)
Total comprehensive income 530,579
Exercise of stock options and warrants 22,101 2 109,825 — — 109,827
Tax benefit from exercise of stock options — — 217,846 — — 217,846
Issuance for Employee Stock Purchase and Executive
Retirement Plans 749 — 31,186 — — 31,186
Stock-based compensation expense — — 25,400 — — 25,400
Shares issued for business acquisitions 5,815 1 1,036,940 — — 1,036,941
Issuance of common stock upon conversion of Trust
Convertible Preferred Securities 72,623 7 644,722 — — 644,729
BALANCE AT SEPTEMBER 30, 2000* 747,651 75 4,653,818 823,025 (8,655) 5,468,263
Components of comprehensive loss:
Net loss* — — — (578,078) — (578,078)
Foreign currency translation — — — — (39,515) (39,515)
Change in unrealized loss on securities, net of income
taxes of $42,551 — — — — (222,931) (222,931)
Reclassification adjustment for net realized gains included
in net loss, net of income taxes of $18,181 — — — — (27,044) (27,044)
Reclassification adjustment for other-than-temporary
losses on marketable securities included in net loss,
net of income taxes of $47,092 — — — — 70,053 70,053
Reclassification adjustment for losses included
in accounting change, net of income taxes of $2,638 — — — — 3,925 3,925
Total comprehensive loss (793,590)
Exercise of stock options 14,831 1 92,051 — — 92,052
Issuance for Employee Stock Purchase and Executive
Retirement Plans 758 — 40,639 — — 40,639
Stock-based compensation expense — — 2,661 — — 2,661
Shares issued for business acquisitions 49 — — — — —
Adjustment to spin-off of Leap Wireless (Note 15) — — 2,390 — — 2,390
BALANCE AT SEPTEMBER 30, 2001* 763,289 76 4,791,559 244,947 (224,167) 4,812,415
Components of comprehensive income:
Net income — — — 359,677 — 359,677
Foreign currency translation — — — — (15,225) (15,225)
Change in unrealized loss on securities — — — — (85,714) (85,714)
Reclassification adjustment for net realized gains included
in net income, net of income taxes of $524 — — — — (11,620) (11,620)
Reclassification adjustment for other-than-temporary
losses on marketable securities included in net income — — — — 205,777 205,777
Total comprehensive income 452,895
Exercise of stock options 14,325 2 81,369 — — 81,371
Tax benefit from exercise of stock options — — 10,606 — — 10,606
Issuance for Employee Stock Purchase and Executive
Retirement Plans 1,145 1 38,302 — — 38,303
Repurchase and retirement of common stock (210) — (5,773) — — (5,773)
Stock-based compensation expense — — 2,139 — — 2,139
BALANCE AT SEPTEMBER 30, 2002 778,549 $79 $4,918,202 $604,624 $(130,949) $5,391,956
* As adjusted (Note 13)
See accompanying notes.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (in thousands)