Redbox 2010 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2010 Redbox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 106

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106

COINSTAR, INC.
CONSOLIDATED STATEMENTS OF EQUITY
AND COMPREHENSIVE INCOME (LOSS)
(in thousands, except share data)
Common Stock
Retained
Earnings
(Accumulated
Deficit)
Treasury
Stock
Accumulated
Other
Comprehensive
Loss
Non-
Controlling
Interest Total
Comprehensive
Income (Loss)Shares Amount
BALANCE at December 31, 2007 ........... 27,739,044 $354,509 $ (16,784) $(40,831) $ 8,236 $ 0 $305,130
Proceeds from exercise of stock options,
net ............................... 425,410 8,629 0 0 0 0 8,629
Share-based payments .................. 90,616 6,597 0 0 0 0 6,597
Increased ownership percentage of
Redbox ........................... 0 0 0 0 0 31,060 31,060
Net income .......................... 0 0 14,112 0 0 0 14,112 $14,112
Loss on short-term investments, net of
tax benefit of $27 ............... 0 0 0 0 (41) 0 (41) (41)
Foreign currency translation
adjustments, net of tax benefit of
$544.......................... 0 0 0 0 (9,845) 0 (9,845) (9,845)
Interest rate hedges on long-term debt,
net of tax benefit of $2,912 ........ 0 0 0 0 (4,554) 0 (4,554) (4,554)
Total comprehensive loss ............... 0 0 0 0 0 0 0 $ (328)
BALANCE at December 31, 2008 ........... 28,255,070 369,735 (2,672) (40,831) (6,204) 31,060 351,088
Proceeds from exercise of stock options,
net ............................... 748,601 16,014 0 0 0 0 16,014
Share-based payments .................. 325,211 8,732 0 0 0 349 9,081
Convertible debt—equity portion, net of
tax ............................... 0 20,391 0 0 0 0 20,391
Tax deficiency on share-based payments . . . 0 (729) 0 0 0 0 (729)
Purchase of non-controlling interest in
Redbox, net of $56,226 deferred tax
benefit ............................ 0 (56,303) 0 0 0 (35,036) (91,339)
Share issuance for purchase of Redbox
non-controlling interest ............... 1,747,902 48,493 0 0 0 0 48,493
Net income .......................... 0 0 53,643 0 0 3,627 57,270 $57,270
Gain on short-term investments, net of
tax expense of $10 .............. 0 0 0 0 15 0 15 15
Foreign currency translation
adjustments, net of tax expense of
$394.......................... 0 0 0 0 831 0 831 831
Interest rate hedges on long-term debt,
net of tax expense of $816 ........ 0 0 0 0 1,276 0 1,276 1,276
Comprehensive income ................. 0 0 0 0 0 0 0 $59,392
Less: Comprehensive income attributable to
non-controlling interests .............. 0 0 0 0 0 0 0 (3,627)
Total comprehensive income ............ 0 0 0 0 0 0 0 $55,765
BALANCE at December 31, 2009 ........... 31,076,784 406,333 50,971 (40,831) (4,082) 0 412,391
Proceeds from exercise of stock options,
net ............................... 1,324,756 31,686 0 0 0 0 31,686
Share-based payments .................. 485,582 16,234 0 0 0 0 16,234
Tax benefit on share-based payments ...... 0 6,770 0 0 0 0 6,770
Shares repurchased .................... (1,072,037) 0 0 (49,245) 0 0 (49,245)
Debt conversion feature ................ 0 (26,854) 0 0 0 0 (26,854)
Net income .......................... 0 0 51,008 0 0 0 51,008 $51,008
Gain on short-term investments, net of
tax expense of $4 ............... 0 0 0 0 6 0 6 6
Foreign currency translation
adjustments, net of tax benefit of
$132.......................... 0 0 0 0 (1,605) 0 (1,605) (1,605)
Interest rate hedges on long-term debt,
net of tax expense of $1,746 ....... 0 0 0 0 2,731 0 2,731 2,731
Total comprehensive income ............ 0 0 0 0 0 0 0 $52,140
BALANCE at December 31, 2010 ........... 31,815,085 $434,169 $101,979 $(90,076) $(2,950) $ 0 $443,122
See accompanying Notes to Consolidated Financial Statements.
50