Tucows 2015 Annual Report Download - page 173
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Tucows Inc.
Consolidated Statements of Stockholders’ Equity
(Dollar amounts in U.S. dollars)
Accumulated
Additional Retained other Total
Common stock paid in earnings comprehensive stockholders'
Number Amount capital (deficit) income (loss) equity
Balances, December 31, 2012 11,081,340 $10,084,417 $ 33,931,529 $(17,509,843) $ 44,104 $ 26,550,207
Exercise of stock options 890,034 2,626,352 (1,134,178) - - 1,492,174
Repurchase and retirement of
shares (note 11) (1,064,299) (851,502) (5,686,114) - - (6,537,616)
Cancellation of restricted stock (12)--- - -
Income tax effect related to
stock options exercised - - 1,090,171 - - 1,090,171
Stock-based compensation
(note 12) - - 430,903 - - 430,903
Net income - - - 4,180,464 - 4,180,464
Other comprehensive income
(loss) - - - - (289,085) (289,085)
Balances, December 31, 2013 10,907,063 11,859,267 28,632,311 (13,329,379) (244,981) 26,917,218
Exercise of stock options 502,061 2,365,825 (886,900) - - 1,478,925
Repurchase and retirement of
shares (note 11) (79,392) (95,033) (1,086,825) - - (1,181,858)
Income tax effect related to
stock options exercised - - 1,888,734 - - 1,888,734
Stock-based compensation
(note 12) - - 542,738 - - 542,738
Net income - - - 6,374,096 - 6,374,096
Other comprehensive income
(loss) - - - - (377,460) (377,460)
Balances, December 31, 2014 11,329,732 14,130,059 29,090,058 (6,955,283) (622,441) 35,642,393
Exercise of stock options 517,998 1,784,112 (980,976) - - 803,136
Shares deducted from
exercise of stock options
for payment of witholding
taxes and exercise
consideration (99,675) - (1,306,981) - - (1,306,981)
Repurchase and retirement of
shares (note 11) (1,062,456) (1,383,538) (22,232,748) - - (23,616,286)
Income tax effect related to
stock options exercised - - 3,431,017 - - 3,431,017
Stock-based compensation
(note 12) - - 526,025 - - 526,025
Net income - - - 11,373,730 - 11,373,730
Accretion of redeemable non-
controlling interest in Ting
Virginia, LLC. - - - (36,598) - (36,598)
- - - - (487,011) (487,011)
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