Rosetta Stone 2010 Annual Report Download - page 78
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Table of Contents
ROSETTA STONE INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
(in thousands)
Class A,
Series A-1
Convertible
Preferred Stock
Class A,
Series A-2
Convertible
Preferred Stock
Class B
Convertible
Preferred Stock
Class A
Convertible
Common Stock
Class B
Convertible
Common Stock
Non-
Designated
Common Stock
Accumulated
Other
Comprehensive
Income
(loss)
Additional
Paid-in
Capital
Accumulated
Income
(loss)
Total
Stockholders'
Equity
Shares Amount Shares Amount Shares Amount Shares Amount Shares Amount Shares Amount
Balance—
January 1, 269 26,876 178 17,820 63 6,341 — — — — 1,837 1 8,613 (1,470) (56) 58,125
Stock issued upon
the exercise of
stock options — — — — — — — — — — 99 — 365 — — 365
Stock-based
compensation
expense — — — — — — — — — — — — 1,590 — — 1,590
Tax benefit on
stock options
exercised — — — — — — — — — — — — 246 — — 246
Expiration of
redemption
rights of
Class B
Redeemable
Convertible
Preferred Stock — — — — 48 5,000 — — — — — — — — — 5,000
Comprehensive
income:
Net income — — — — — — — — — — — — — 13,892 — 13,892
Foreign currency
translation
loss, net of tax
of $52 — — — — — — — — — — — — — — (147) (147)
comprehensive
income — — — — — — — — — — — — — — — 13,745
Balance—
December 31, 269 $ 26,876 178 $ 17,820 111 $ 11,341 — $ — — $ — 1,936 $ 1 $ 10,814 $ 12,422 $ (203) $ 79,071
Stock issued upon
the exercise of
stock options — — — — — — — — — — 89 — 386 — — 386
Stock issued to
employees — — — — — — — — — — 591 — 10,647 — — 10,647
Stock-based
compensation
expense — — — — — — — — — — — — 3,616 — — 3,616
Tax benefit on
stock options
exercised — — — — — — — — — — — — 336 — — 336
Conversion of
preferred stock (269) (26,876) (178) (17,820) (111) (11,341) — — — — 14,508 1 56,036 — — —
Sale of common
stock — — — — — — — — — — 3,125 — 49,037 — — 49,037
Comprehensive
income:
Net income — — — — — — — — — — — — — 13,363 — 13,363
Foreign currency
translation
loss, net of tax
of $(8) — — — — — — — — — — — — — — (21) (21)
comprehensive
income — — — — — — — — — — — — — — — 13,342
Balance—
December 31, — $ — — $ — — $ — — $ — — $ — 20,249 $ 2 $ 130,872 $ 25,785 $ (224) $ 156,435
Stock issued upon
the exercise of
stock options — — — — — — — — — — 364 — 2,387 — — 2,387
Stock issued to
employees — — — — — — — — — — 54 — — — — —
Stock-based
compensation
expense — — — — — — — — — — — — 4,387 — — 4,387
Tax benefit on
stock options
exercised — — — — — — — — — — — — 1,376 — — 1,376
Conversion of
preferred stock — — — — — — — — — — — — — — — —
Sale of common
stock — — — — — — — — — — — — — — — —