Stamps.com 2001 Annual Report Download - page 45

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STAMPS.COM INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME
(In thousands)
Notes
Common Receivable
Stock Additional from Treasury
------------ Paid-in Stock Deferred Stock at Accumulated
Shares Stock Capital Sales Compensation Cost Deficit
------ ----- ---------- ---------- ------------ -------- -----------
Balance at December 31, 1998............................... 6,901 $ 7 $ 1,438 $(117) $ (1,083) $ -- $ (4,196)
Comprehensive Income:
Net loss................................................ -- -- -- -- -- -- (56,487)
Exercise of stock options.................................. 91 -- 9 -- -- -- --
Repurchase of common stock................................. (705) -- -- 7 -- (939) --
Conversion of redeemable preferred stock................... 22,870 23 34,255 -- -- -- --
Issuance of common stock................................... 11,827 12 422,952 -- -- -- --
Repayment on note receivable............................... -- -- -- 9 -- -- --
Deferred compensation arising from issuance of options..... -- -- 11,995 -- (11,995) -- --
Deferred compensation arising from issuance of warrants.... -- -- 2,065 -- (2,065) -- --
Amortization of deferred compensation...................... -- -- -- -- 5,708 -- --
------ --- -------- ----- -------- ----- ---------
Balance at December 31, 1999............................... 40,984 42 472,714 (101) (9,435) (939) (60,683)
Comprehensive Income:
Net loss................................................ -- -- -- -- -- -- (212,949)
Exercise of stock options.................................. 2,255 2 1,543 -- -- -- --
Shares purchased under the ESPP............................ 138 -- 920 -- -- -- --
Retirement of treasury stock............................... 705 (1) (938) -- -- 939 --
Issuance of common stock in conjunction with iShip
acquisition, net of expense............................... 5,572 6 193,602 -- -- -- --
Deferred compensation arising from purchase of iShip....... -- -- 51,789 -- (24,662) -- --
Amortization of deferred compensation...................... -- -- -- -- 10,832 -- --
Deferred compensation related to terminated employees...... -- -- (11,623) -- 11,623 -- --
------ --- -------- ----- -------- ----- ---------
Balance at December 31, 2000............................... 49,654 49 708,007 (101) (11,642) -- (273,632)
Comprehensive income:
Net loss................................................ -- -- -- -- -- -- (209,573)
Unrealized gain/(loss) on investments................... -- -- -- -- -- -- --
Comprehensive income.......................................
Exercise of stock options.................................. 945 1 847 -- -- -- --
Shares purchased under the ESPP............................ 132 -- 408 -- -- -- --
Deferred compensation arising from the issuance of warrants -- -- 130 -- (130) -- --
Amortization of deferred compensation...................... -- -- -- -- 2,521 -- --
Deferred compensation related to terminated employees...... -- -- (1,091) -- 1,091 -- --
Deferred compensation related to the sale of iShip......... -- -- (7,846) -- 7,846 -- --
------ --- -------- ----- -------- ----- ---------
Balance at December 31, 2001............................... 50,731 $50 $700,455 $(101) $ (314) $ -- $(483,205)
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2002. EDGAR Online, Inc.