Western Union 2010 Annual Report Download - page 83

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THE WESTERN UNION COMPANY
Consolidated Statements of Stockholders’ Equity/(Deficiency)
(in millions)
Shares Amount
Capital
Surplus/
(Deficiency)
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Stockholders’
Equity/
(Deficiency)
Comprehensive
Income/(Loss)
Common Stock
Balance, December 31, 2007 .................................... 749.8 $ 7.5 $ (341.1) $ 453.1 $ (68.8) $ 50.7
Net income ............................................................. — — — 919.0 — 919.0 $ 919.0
Stock-based compensation........................................ — — 26.3 — — 26.3
Common stock dividends ......................................... — — — (28.4) — (28.4)
Repurchase and retirement of common shares ............ (58.1) (0.6) — (1,314.6) — (1,315.2)
Shares issued under stock-based compensation plans .. 17.9 0.2 289.5 — — 289.7
Tax adjustments from employee stock option plans ..... — — 10.9 — — 10.9
Effects of pension plan measurement date change....... — — — 0.1 — 0.1
Unrealized gains on investment securities, net of tax... — — — — 1.2 1.2 1.2
Unrealized gains on hedging activities, net of tax ....... — — — — 89.2 89.2 89.2
Foreign currency translation adjustment, net of tax ..... — — — — (5.2) (5.2) (5.2)
Pension liability adjustment, net of tax ...................... — — — — (46.4) (46.4) (46.4)
Comprehensive income ............................................ $ 957.8
Balance, December 31, 2008 .................................... 709.6 7.1 (14.4) 29.2 (30.0) (8.1)
Net income ............................................................. — — — 848.8 — 848.8 $ 848.8
Stock-based compensation........................................ — — 31.9 — — 31.9
Common stock dividends ......................................... — — — (41.2) — (41.2)
Repurchase and retirement of common shares ............ (24.9) (0.2) — (403.6) — (403.8)
Shares issued under stock-based compensation plans .. 1.8 — 23.9 — — 23.9
Tax adjustments from employee stock option plans ..... — — (0.7) — — (0.7)
Unrealized gains on investment securities, net of tax... — — — — 5.5 5.5 5.5
Unrealized losses on hedging activities, net of tax ...... — — — — (62.5) (62.5) (62.5)
Foreign currency translation adjustment, net of tax ..... — — — — (29.0) (29.0) (29.0)
Pension liability adjustment, net of tax ...................... — — — — (11.3) (11.3) (11.3)
Comprehensive income ............................................ $ 751.5
Balance, December 31, 2009 .................................... 686.5 6.9 40.7 433.2 (127.3) 353.5
Net income ............................................................. — — — 909.9 — 909.9 $ 909.9
Stock-based compensation and other ......................... — — 34.6 — — 34.6
Common stock dividends ......................................... — — — (165.3) — (165.3)
Repurchase and retirement of common shares ............ (35.7) (0.4) — (586.2) — (586.6)
Shares issued under stock-based compensation plans .. 3.2 — 44.1 — — 44.1
Tax adjustments from employee stock option plans ..... — — (2.0) — — (2.0)
Unrealized losses on investment securities, net of tax.. — — — — (3.3) (3.3) (3.3)
Unrealized losses on hedging activities, net of tax ...... — — — — (4.9) (4.9) (4.9)
Foreign currency translation adjustment, net of tax ..... — — — — 6.6 6.6 6.6
Pension liability adjustment, net of tax ...................... — — — — (3.9) (3.9) (3.9)
Comprehensive income ............................................ $ 904.4
Balance, December 31, 2010 .................................... 654.0 $ 6.5 $ 117.4 $ 591.6 $ (132.8) $ 582.7
See Notes to Consolidated Financial Statements.
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