Travelzoo 2010 Annual Report Download - page 67

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TRAVELZOO INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE
INCOME (LOSS)
Shares Amount
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Stockholders’
Equity
Common Stock
Balances, December 31, 2007 .... 14,250 143 — 25,939 (180) 25,902
Proceeds from exercise of stock
options ................... 35 — 75 — — 75
Tax benefit of non-qualified stock
option exercise.............. — — 110 — — 110
Comprehensive loss:
Foreign currency translation
adjustment ................. — — — — (1,208) (1,208)
Net loss..................... — — — (4,116) — (4,116)
Total comprehensive loss ........ — — — — — (5,324)
Balances, December 31, 2008 .... 14,285 143 185 21,823 (1,388) 20,763
Proceeds from exercises of stock
options ................... 2,158 21 2,137 — — 2,158
Stock-based compensation
expense ................... — — 94 — — 94
Capital contribution from majority
shareholder, net of receivable of
$1.1 million ................ — — 2,356 — — 2,356
Comprehensive income:
Foreign currency translation
adjustment ................. — — — — 215 215
Net income .................. — — — 5,185 — 5,185
Total comprehensive income ..... — — — — — 5,400
Balances, December 31, 2009 .... 16,444 164 4,772 27,008 (1,173) 30,771
Stock-based compensation
expense ................... — — 750 — — 750
Capital contribution from majority
shareholder ................ — — 1,076 — — 1,076
Comprehensive income:
Foreign currency translation
adjustment ................. — — — — 135 135
Net income .................. — — — 13,157 — 13,157
Total comprehensive income ..... — — — — — 13,292
Balances, December 31, 2010 .... 16,444 $164 $6,598 $40,165 $(1,038) $45,889
See accompanying notes to consolidated financial statements
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