WeightWatchers 2009 Annual Report Download - page 77

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN TOTAL DEFICIT
(IN THOUSANDS)
Weight Watchers International, Inc.
Accumulated
Other
Comprehensive
Income (Loss)
Dividend
to Artal
Luxembourg
S.A.
Retained
Earnings
Noncontrolling
Interest Total
Common Stock Treasury Stock
Shares Amount Shares Amount
Balance at December 30, 2006............111,988 $— 14,486 $ (540,318) $ 6,247 $(304,835) $ 770,539 $ — $ (68,367)
Comprehensive Income:
Net income ....................... 201,180 201,180
Translation adjustment, net of taxes of
($4,734) ....................... 8,049 8,049
Changes in fair value of derivatives
accounted for as hedges, net of taxes
of $10,199 ..................... (15,950) (15,950)
Total Comprehensive Income ............ 193,279
Cummulative effect of adoption of new
accounting guidance .................. (1,907) (1,907)
Issuance of treasury stock under stock
plans .............................. (967) 3,908 13,453 17,361
Tax benefit of restricted stock units vested
and stock options exercised ............ 10,879 10,879
Cash dividends declared ................. (55,694) (55,694)
Purchase of treasury stock ............... 19,059 (1,033,644) (1,033,644)
Compensation expense on share-based
awards ............................ 11,763 11,763
Balance at December 29, 2007............111,988 $— 32,578 $(1,570,054) $ (1,654) $(304,835) $ 950,213 $ — $ (926,330)
Investment by the noncontrolling interest . . . 2,511 2,511
Comprehensive Income:
Net income ....................... 204,331 (1,984) 202,347
Translation adjustment, net of taxes of
$3,028 ......................... (4,949) (4,949)
Changes in fair value of derivatives
accounted for as hedges, net of taxes
of $14,278 ..................... (22,330) (22,330)
Total Comprehensive Income ............ (1,984) 175,068
Issuance of treasury stock under stock
plans .............................. (297) 1,199 6,302 7,501
Tax benefit of restricted stock units vested
and stock options exercised ............ 13,621 13,621
Cash dividends declared ................. (54,689) (54,689)
Purchase of treasury stock ............... 2,786 (115,973) (115,973)
Compensation expense on share-based
awards ............................ 11,302 11,302
Balance at January 3, 2009...............111,988 $— 35,067 $(1,684,828) $(28,933) $(304,835) $1,131,080 $ 527 $ (886,989)
Investment by the noncontrolling interest . . . 5,488 5,488
Comprehensive Income:
Net income ....................... 177,344 (2,773) 174,571
Translation adjustment, net of taxes of
($4,891) ....................... 7,659 7,659
Changes in fair value of derivatives
accounted for as hedges, net of taxes
of ($8,690) ..................... 13,591 13,591
Total Comprehensive Income ............ (2,773) 195,821
Issuance of treasury stock under stock
plans .............................. (120) 485 (1,654) (1,169)
Tax shortfall of restricted stock units vested
and stock options exercised ............ (1,229) (1,229)
Cash dividends declared ................. (53,988) (53,988)
Compensation expense on share-based
awards ............................ 8,796 8,796
Balance at January 2, 2010...............111,988 $— 34,947 $(1,684,343) $ (7,683) $(304,835) $1,260,349 $ 3,242 $ (733,270)
The accompanying notes are an integral part of the consolidated financial statements.
F-5