US Cellular 2008 Annual Report Download - page 158

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United States Cellular Corporation
Consolidated Statement of Common Shareholders’ Equity
Accumulated
Series A Additional Other
Common Common Paid-In Treasury Comprehensive Comprehensive Retained
(Dollars in thousands) Shares Shares Capital Shares Income (Loss) Income Earnings
Balance, December 31, 2006 ..... $55,046 $33,006 $1,290,829 $(14,462) $ 80,382 $1,548,478
Add (Deduct)
Employee benefit plans ........ — — (1,044) 54,679 (38,850)
Net income ................ — — — — $314,734 — 314,734
Other comprehensive income
Net unrealized gain (loss) on:
Derivative instruments ....... — — — — (2,837) (2,837) —
Marketable equity securities . . . — — — — (67,411) (67,411) —
Comprehensive income ........ — — — — $244,486 — —
Stock-based compensation awards . — — 13,701 — — —
Tax benefit from stock awards .... — — 11,085 — — —
Repurchase of Common Shares . . . — — (6,484) (81,418) — —
Application of FIN 48 .......... — — — — — (1,340)
Other .................... — — 7,955 107 — —
Balance, December 31, 2007 ..... $55,046 $33,006 $1,316,042 $(41,094) $ 10,134 $1,823,022
The accompanying notes are an integral part of these consolidated financial statements.
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