US Airways 2007 Annual Report Download - page 75

Table of Contents
US Airways Group, Inc.
Consolidated Statements of Stockholders' Equity
For the Years Ended December 31, 2007, 2006 and 2005
Retained Accumulated
Class B Additional Earnings/ Other Class B
Common Common Paid-In (Accumulated Comprehensive Treasury Treasury
Stock Stock Capital Deficit) Income (Loss) Stock Stock Total
(In millions, except share amounts)
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 employee stock plans — — 12 — — — — 12
Cancellation of 6,781,470 shares of Class B Treasury Stock due to the merger — — — — — — 308 308
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
Net income — — — 304 — — — 304
Issuance of 3,860,358 shares of common stock pursuant to the conversion of the 7.5% notes — — 95 — — — — 95
Issuance of 2,909,636 shares of common stock pursuant to the conversion of the 7.0% notes — — 70 — — — — 70
Issuance of 386,925 shares of common stock pursuant to the exercise of warrants — — 3 — — — — 3
Issuance of 2,463,534 shares of common stock pursuant to employee stock plans — — 41 — — — — 41
Stock-based compensation expense — — 34 — — — — 34
Adjustment to initially apply FASB Statement No. 158, net of tax — — — — 3 — — 3
Balance at December 31, 2006 1 — 1,501 (522) 3 (13) — 970
Net income — — — 427 — — — 427
Issuance of 580,661 shares of common stock pursuant to employee stock plans — — 3 — — — — 3
Stock-based compensation expense — — 32 — — — — 32
Actuarial gain associated with pension and other postretirement benefits — — — — 55 — — 55
Unrealized loss on available for sale securities, net — — — — (48) — — (48)
Balance at December 31, 2007 $ 1 $ — $ 1,536 $ (95) $ 10 $ (13) $ — $1,439
See accompanying notes to consolidated financial statements.
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