Radio Shack 2011 Annual Report Download - page 51

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43
RADIOSHACK CORPORATION AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity and Comprehensive Income
Shares at December 31, Dollars at December 31,
(In millions) 2011 2010 2009 2011 2010 2009
Common stock
Beginning of year 146.0 191.0 191.0 $ 146.0 $ 191.0 $ 191.0
Retirement of treasury stock -- (45.0)
-- -- (45.0) --
End of year 146.0 146.0 191.0 $ 146.0 $ 146.0 $ 191.0
Treasury stock
Beginning of year (40.3)
(65.8)
(65.9)
$ (949.0) $ (1,621.9) $ (1,625.9)
Purchase of treasury stock (7.3)
(19.8)
-- (113.3) (398.8) --
Issuance of common stock 0.3 0.1 0.1 5.1 2.7 3.1
Retirement of treasury stock -- 45.0 -- -- 1,063.9 --
Exercise of stock options 0.6 0.2 -- 14.2 5.1 0.9
End of year (46.7)
(40.3)
(65.8)
$ (1,043.0) $ (949.0) $ (1,621.9)
Additional paid-in capital
Beginning of year $ 147.3 $ 161.8 $ 152.5
Issuance of common stock (6.0) (4.4) (1.7)
Exercise of stock options (9.2) (1.9) (0.2)
Stock-based compensation 5.0 9.6 11.2
Retirement of treasury stock -- (17.8) --
End of year $ 137.1 $ 147.3 $ 161.8
Retained earnings
Beginning of year $ 1,502.5 $ 2,323.9 $ 2,150.2
Net income 72.2 206.1 205.0
Retirement of treasury stock -- (1,001.0) --
Cash dividends declared (49.6) (26.5) (31.3)
End of year $ 1,525.1 $ 1,502.5 $ 2,323.9
Accumulated other comprehensive loss
Beginning of year $ (4.3) $ (6.5) $ (7.0)
Other comprehensive (loss) income (7.6) 2.2 0.5
End of year $ (11.9) $ (4.3) $ (6.5)
Total stockholders' equity $ 753.3 $ 842.5 $ 1,048.3
Comprehensive income
Net income $ 72.2 $ 206.1 $ 205.0
Other comprehensive (loss) income,
all net of tax:
Foreign currency translation
adjustments
(8.5)
2.4
1.1
Reclassification of realized foreign
currency translation loss to net income
1.0
--
--
Pension adjustments (0.1) (0.2) (0.5)
Amortization of gain on cash flow
hedge
--
--
(0.1)
Other comprehensive (loss) income (7.6) 2.2 0.5
Comprehensive income $ 64.6 $ 208.3 $ 205.5
The accompanying notes are an integral part of these consolidated financial statements.