Rosetta Stone 2011 Annual Report Download - page 87

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
Loss
Total
Stockholders'
Equity
(Deficit)
Additional
Paid-in
Capital Accumulated Income
Shares Amount Shares Amount Shares Amount Shares Amount Shares Amount Shares Amount
Balance—January 1, 2009 269 $ 26,876 178 $ 17,820 111 $ 11,341 — $ — — $ — 1,936 $ 1 $ 10,814 $ 12,422 $ (203) $ 79,071
Stock Issed Upon the Exercise of Stock Options — — — — — — — — — — 89 — 386 — — 386
Stock Issued to Key Employees — — — — — — — — — — 591 — 10,647 — — 10,647
Stock-based Compensation Expense — — — — — — — — — — — — 3,616 — — 3,616
Tax Benefit on Stock Option 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
Total comprehensive income — — — — — — — — — — — — — — — 13,342
Balance—December 31, 2009 — $ — — $ — — $ — — $ — — $ — 20,249 $ 2 $ 130,872 $ 25,785 $ (224) $ 156,435
Stock Issed Upon the Exercise of Stock Options — — — — — — — — — — 364 — 2,387 — — 2,387
Restricted Stock Award Vesting — — — — — — — — — — 54
Stock-based Compensation Expense — — — — — — — — — — — — 4,387 — — 4,387
Tax Benefit on Stock Option Exercised — — — — — — — — — — — — 1,376 — — 1,376
Comprehensive income:
Net income — — — — — — — — — — — — — 13,284 — 13,284
Foreign currency translation gain, net of tax
of $110 — — — — — — — — — — — — — — 447 447
Total comprehensive income — — — — — — — — — — — — — — — 13,731
Balance—December 31, 2010 — $ — — $ — — $ — — $ — — $ — 20,667 $ 2 $ 139,022 $ 39,069 $ 223 $ 178,316
Stock Issed Upon the Exercise of Stock Options — — — — — — — — — — 182 — 800 — — 800
Restricted Stock Award Vesting — — — — — — — — — — 87
Stock-based Compensation Expense — — — — — — — — — — — — 12,353 — — 12,353
Tax Benefit on Stock Option Exercised — — — — — — — — — — — — (351) — — (351
Comprehensive income (loss):
Net loss — — — — — — — — — — — — — (19,988) — (19,988
Foreign currency translation gain, net of tax
of $46 — — — — — — — — — — — — — — 98 98
Unrealized gain/loss on available-for-sale
securities — — — — — — — — — — — — — — (23) (23
Total comprehensive income (loss) — — — — — — — — — — — — — — — (19,913
Balance—December 31, 2011 — $ — — $ — — $ — — $ — — $ — 20,936 $ 2 $ 151,824 $ 19,081 $ 298 $ 171,205
See accompanying notes to consolidated financial statements.
F-7