US Airways 2008 Annual Report Download - page 85

Table of Contents
US Airways Group, Inc.
Consolidated Statements of Stockholders' Equity (Deficit)
For the Years Ended December 31, 2008, 2007 and 2006
Accumulated
Additional Other
Common Paid-In Accumulated Comprehensive Treasury
Stock Capital Deficit Income Stock Total
(In millions, except share amounts)
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 the recognition provisions of SFAS 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
Unrealized loss on available for sale securities, net — — — (48) — (48)
Actuarial gain associated with pension and other postretirement benefits, net
of current period amortization — — — 55 — 55
Balance at December 31, 2007 1 1,536 (95) 10 (13) 1,439
Net loss — — (2,210) — — (2,210)
Issuance of 21,850,000 shares of common stock pursuant to a public stock
offering, net of offering costs — 179 — — — 179
Issuance of 398,820 shares of common stock pursuant to employee stock
plans — — — — — —
Stock-based compensation expense — 34 — — — 34
Recognition of previous unrealized loss on available for sale securities, net
now deemed other than temporary — — — 48 — 48
Adjustment to initially apply the measurement provisions of SFAS No. 158 — — (2) — — (2)
Actuarial gain associated with pension and other postretirement benefits, net
of current period amortization — — — 7 — 7
Balance at December 31, 2008 $ 1 $ 1,749 $ (2,307) $ 65 $ (13) $ (505)
See accompanying notes to consolidated financial statements.
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