US Airways 2005 Annual Report Download - page 106

Table of Contents
US Airways Group, Inc.
Consolidated Statements of Stockholders' Equity and Comprehensive Income
For the Years Ended December 31, 2005, 2004 and 2003
(in millions except share amounts)
Accumulated
Class A Class B Additional Retained Other Class B
Common Common Common Paid-In Earnings/ Comprehensive Treasury Treasury
Stock Stock Stock Capital (Deficit) Income Stock Stock Total
Balance at December 31, 2002 $ — $ — $ 1 $ 629 $ (257) $ 2 $ — $ (306) $ 69
Net income — — — — 57 — — — 57
Correction of other comprehensive income(a) — — — — — (2) — — (2)
Conversion of 33,955 shares of Class A Common stock to Class B common stock — — — — — — — — —
Issuance of 682,237 shares of Class B common stock pursuant to the exercise of stock warrants — — — — — — — — —
Issuance of 186,254 shares of Class B common stock pursuant to the exercise of stock options — — — 2 — — — — 2
Cancellation of 1,537 shares of Class B common stock issued as restricted stock — — — — — — — — —
Balance at December 31, 2003 — — 1 631 (200) — — (306) 126
Net loss — — — — (89) — — — (89)
Acquisition of 63,393 shares of Class B treasury stock due to default on loan — — — — — — — (2) (2)
Issuance of 62,420 shares of Class B common stock pursuant to the exercise of stock warrants — — — — — — — — —
Issuance of 71,917 shares of Class B common stock pursuant to the exercise of stock options — — — 1 — — — — 1
Accelerated vesting — — — — — — — — —
Balance at December 31, 2004 — — 1 632 (289) — — (308) 36
Net loss — — — — (537) — — — (537)
Issuance of 36,465,445 shares of common stock 1 — — 564 — — — — 565
Issuance of 7,533,334 shares of common stock pursuant to the exercise of stock options by
investors, net of issuance costs — — — 113 — — — — 113
Issuance of 9,775,000 shares of common stock pursuant to a public stock offering, net of issuance
costs — — — 180 — — — — 180
Issuance of 8,212,119 shares of common stock to unsecured creditors — — — 96 — — — — 96
Withholding of 418,977 shares from the issuance of stock to unsecured creditors to cover tax
obligations — — — — — — (13) — (13)
Issuance of 792,475 shares of common stock pursuant to the exercise of stock options — — — 12 — — — — 12
Cancellation of 6,781,470 shares of Class B Treasury Stock due to the merger — — — — — — — 308 308
Conversion of 460,657 shares of Class A common stock to US Airways Group common stock — — — — — — — — —
Conversion of 21,430,147 shares of Class B common stock to US Airways Group common stock — — (1) (315) — — — — (316)
Issuance of 4,195,275 shares of common stock pursuant to the conversion of the 7.25% notes — — — 87 — — — — 87
Repurchase of 7,735,770 warrants held by the ATSB — — — (116) — — — — (116)
Stock compensation for stock appreciation rights and restricted stock units that will be ultimately
settled in shares of common stock — — — 5 — — — — 5
Balance at December 31, 2005 $ 1 $ — $ — $ 1,258 $ (826) $ — $ (13) $ — $ 420
(a) Correction of Other Comprehensive Income — See Note 2(k), "Derivative Instruments."
See accompanying notes to consolidated financial statements.
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