Thrifty Car Rental 2009 Annual Report Download - page 53

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME (LOSS)
YEAR ENDED DECEMBER 31, 2009, 2008 AND 2007
(In Thousands Except Share and Per Share Data)
Retained Accumulated
Earnings Other Total
Additional (Accumulated Comprehensive Stockholders’
Shares Amount Capital Deficit) Income (Loss) Shares Amount Equity
BALANCE, JANUARY 1, 2007 27,594,867 275$ 791,452$ 7,782$ 4,217$ (4,110,500) (156,026)$ 647,700$
Issuance of common shares for
director compensation 38,148 - 573 - - - - 573
Stock option transactions 61,865 1 1,093 - - - - 1,094
Purchase of common stock for the
treasury - - - - - (2,304,406) (71,543) (71,543)
Performance share incentive plan - - 5,317 - - - - 5,317
Issuance of common stock in settlement
of vested performance shares 201,665 2 - - - - - 2
Restricted stock for directo
r
compensation - - 1,014 - - - - 1,014
Issuance of common shares 6,713 - - - - - - -
Comprehensive income (loss):
Net income 1,215 1,215
Cumulative effect of adopting FIN No. 48 - - - (486) - - - (486)
Interest rate swap (11,978) (11,978)
Foreign currency translation 5,957 5,957
Total comprehensive income (loss) (5,292)
BALANCE, DECEMBER 31, 2007 27,903,258 278 799,449 8,511 (1,804) (6,414,906) (227,569) 578,865
Issuance of common shares for
director compensation 23,250 - 280 - - - - 280
Stock option transactions 2,733 1 31 - - - - 32
Performance share incentive plan - - 3,195 - - - - 3,195
Issuance of common stock in settlement
of vested performance shares 110,417 1 - - - - - 1
Restricted stock for directo
r
compensation - - 349 - - - - 349
Issuance of common shares - - - - - - - -
Comprehensive loss:
Net loss (346,718) (346,718)
Interest rate swap (20,973) (20,973)
Foreign currency translation (6,611) (6,611)
Total comprehensive loss (374,302)
BALANCE, DECEMBER 31, 2008 28,039,658 280 803,304 (338,207) (29,388) (6,414,906) (227,569) 208,420
Issuance of common shares for
director compensation 49,995 1 531 - - - - 532
Tax benefit of stock option transactions - - 1,281 - - - - 1,281
Stock option transactions 136,500 1 2,289 - - - - 2,290
Share-based payment plans - - 4,698 - - - - 4,698
Issuance of common stock in settlement
of vested performance shares 64,190 1 - - - - - 1
Issuance of common stock in
settlement of vested restricted stock 48,508 - - - - - - -
Public stock offering, net of fees 6,612,500 66 120,590 120,656
Comprehensive Income:
Net income 45,022 45,022
Interest rate swap 8,662 8,662
Foreign currency translation 2,352 2,352
Total comprehensive income 56,036
BALANCE, DECEMBER 31, 2009 34,951,351 349$ 932,693$ (293,185)$ (18,374)$ (6,414,906) (227,569)$ 393,914$
See notes to consolidated financial statements.
Treasury Stock
Common Stock
$.01 Par Value
52