US Cellular 2011 Annual Report Download - page 41

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33
United States Cellular Corporation
Consolidated Statement of Changes in Equity
U.S. Cellular Shareholders
Series A Total
Common Additional U.S. Cellular
and Common Paid-In Treasury Retained Shareholders’ Noncontrolling Total
(Dollars in thousands) Shares Capital Shares Earnings Equity Interests Equity
Balance, December 31, 2008 ........................ $88,074 $1,340,146 $(50,258) $1,821,377 $3,199,339 $ 48,567 $3,247,906
Add (Deduct)
Net income attributable to U.S. Cellular shareholders ....... — — — 209,547 209,547 — 209,547
Net income attributable to noncontrolling interests classified
as equity ................................... — — — — — 21,630 21,630
Repurchase of Common Shares ..................... — — (33,585) — (33,585) — (33,585)
Incentive and compensation plans ................... — 1,445 14,227 (15,172) 500 — 500
Adjust investment in subsidiaries for noncontrolling interest
purchase ................................... — (128) — — (128) (70) (198)
Stock-based compensation awards ................... — 16,362 — — 16,362 — 16,362
Tax windfall (shortfall) from stock awards ............... — (1,503) — — (1,503) — (1,503)
Distributions to noncontrolling interests ................ — — — — — (18,426) (18,426)
Balance, December 31, 2009 ...................... $88,074 $1,356,322 $(69,616) $2,015,752 $3,390,532 $ 51,701 $3,442,233
The accompanying notes are an integral part of these consolidated financial statements.