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45
TH Q INC. AND SU B S IDI A RI E S
CONS OLI DATE D STATE ME NT S O F TOT AL EQU I TY
(In thousands, ex cept share data)
Fiscal Years Ended March 31, 2008, 2009 and 2010
Common Stock
Additional
Paid-In
Accumulated
Other
Comprehensive
Retained
Earnings
(Ac c umulated
Non-
Controlling
Total
Shares
Amount
Capital
Income (Loss)
Deficit)
Interest
Equity
Balance at March 31 , 2007
................... 66,677,721 $667 $471,332 $17,603 $279,355 — $768,957
Exercise of options ......................................... 1,421,907 14 21,122 — — — 21,136
Issuance of restricted stock, net...................... 194,600 2 (559) — — — (557)
Issuance of ESPP shares ............................... 304,881 3 5,945 — — — 5,948
Conversion of stock unit awards..................... 8,100 — — — — — —
Cancellation of restricted stock....................... (60,815) — — — — — —
Repurchase of common stock........................ (2,193,400) (22) (54,888) — — — (54,910)
Stock-based compensation............................. — — 21,820 — — — 21,820
Tax benefit related to the exercise of
employee stock options.............................. — — 3,921 — — — 3,921
Comprehensive income (loss):
Net loss ..................................................... — — — — (35,337) — (35,337)
Other comprehensive income
Foreign currency translation gain .......... — — — 9,372 — — 9,372
Unrealized gain on investments, net of
$0.1 million tax expense ................... — — — 219 — — 219
Comprehensive income (loss) ....................... 9,591 (35,337) — (25,746)
Balance at March 31 , 2008
................... 66,352,994 $664 $468,693 $27,194 $244,018 — $740,569
Exercise of options ......................................... 437,754 4 5,995 — — — 5,999
Issuance of ESPP shares ............................... 693,711 7 3,588 — — — 3,595
Conversion of stock unit awards..................... 8,100 — — — — — —
Cancellation of restricted stock....................... (20,900) — — — — — —
Stock-based compensation............................. — — 18,326 — — — 18,326
Taxes related to the exercise and
cancellation of employee stock options ...... — — (751) — — — (751)
Noncontrolling interest investment.................. — — — — — 3,500 3,500
Comprehensive loss:
Net loss ..................................................... — — — — (431,112) (302) (431,414)
Other comprehensive income (loss)
Foreign currency translation loss .......... — — — (28,019) — — (28,019)
Unrealized loss on investments, net of
$4.5 million tax benefit ...................... — — — (7,428) — — (7,428)
Less: Reclassification of loss on
investments included in net loss,
net of $3.5 million tax benefit............. — — — 5,861 — — 5,861
Comprehensive loss ...................................... (29,586) (431,112) (302) (460,698)
Balance at March 31 , 2009
................... 67,471,659 $675 $495,851 $(2,392) $(187,094) $3,198 $310,238
Exercise of options ......................................... 121,714 1 554 — — — 555
Issuance of restricted stock, net...................... (16,836) — (157) — — — (157)
Issuance of ESPP shares ............................... 134,928 1 616 — — — 617
Conversion of stock unit awards..................... 43,328 — (133) — — — (133)
Cancellation of restricted stock....................... (24,841) — — — — — —
Stock-based compensation............................. — — 11,150 — — — 11,150
Taxes related to stock options ........................ — — 4,041 — — — 4,041
Comprehensive income (loss):
Net loss ..................................................... — — — — (9,017) (2,935) (11,952)
Other comprehensive income (loss):
Foreign currency translation gain .......... — — — 8,978 — — 8,978
Unrealized gain on investments, net of
$1.0 million tax expense ................... — — — 1,681 — — 1,681
Reclassification of loss on
investments included in net loss,
net of $0.2 million tax benefit............. — — — (400) — — (400)
Comprehensive income (loss) ....................... 10,259 (9,017) (2,935) (1,693)
Balance at March 31 , 2010
................... 67,729,952 $677 $511,922 $7,867 $(196,111) $263 $324,618