Radio Shack 2009 Annual Report Download - page 57

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50
RADIOSHACK CORPORATION AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity and Comprehensive Income
The accompanying notes are an integral part of these consolidated financial statements.
Shares at December 31, Dollars at December 31,
(In millions) 2009 2008 2007 2009 2008 2007
Common stock
Beginning and end of year 191.0 191.0 191.0 $ 191.0 $ 191.0 $ 191.0
Treasury stock
Beginning of year (65.9) (59.9) (55.2) $ (1,625.9) $ (1,516.5) $ (1,409.1)
Purchase of treasury stock -- (6.1) (8.7) -- (111.3) (208.5)
Issuance of common stock 0.1 0.1 0.5 3.1 1.9 12.8
Exercise of stock options -- -- 3.5 0.9 -- 88.3
End of year (65.8) (65.9) (59.9) $ (1,621.9) $ (1,625.9) $ (1,516.5)
Additional paid-in capital
Beginning of year $ 152.5 $ 108.4 $ 92.6
Issuance of common stock (1.7) (1.3) 5.3
Exercise of stock options (0.2) -- (8.4)
Stock-based compensation 11.2 11.7 11.6
Net stock-based compensation
income tax benefits
--
--
7.3
Conversion option of convertible notes -- 76.9 --
Purchase of convertible notes hedges -- (86.3) --
Tax benefit from purchase of
convertible notes hedges
--
3.2
--
Sale of common stock warrants -- 39.9 --
End of year $ 161.8 $ 152.5 $ 108.4
Retained earnings
Beginning of year $ 2,150.2 $ 1,992.1 $ 1,780.9
Net income 205.0 189.4 236.8
Cash dividends declared (31.3) (31.3) (32.8)
Cumulative effect of adoption of new
accounting principle for uncertainty in
income taxes
--
--
7.2
End of year $ 2,323.9 $ 2,150.2 $ 1,992.1
Accumulated other comprehensive
loss
Beginning of year $ (7.0) $ (5.3) $ (1.6)
Other comprehensive income (loss) 0.5 (1.7) (3.7)
End of year $ (6.5) $ (7.0) $ (5.3)
Total stockholders' equit
y
$ 1,048.3 $ 860.8 $ 769.7
Comprehensive incom
e
Net income $ 205.0 $ 189.4 $ 236.8
Other comprehensive income (loss),
all net of tax:
Foreign currency translation
adjustments
1.1
(2.5)
(4.0)
Pension adjustments (0.5) 0.8 0.4
Amortization of gain on cash flow
hedge
(0.1)
--
(0.1)
Other comprehensive income (loss) 0.5 (1.7) (3.7)
Comprehensive incom
e
$ 205.5 $ 187.7 $ 233.1