eTrade 2007 Annual Report Download - page 87

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E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY — (Continued)
(In thousands)
Common Stock Additional
Paid-in
Capital
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
EquityShares Amount
Balance, December 31, 2006 426,304 $4,263 $3,184,290 $ 1,209,289 $(201,472) $ 4,196,370
Cumulative effect of adoption of FIN 48 — — — (14,903) — (14,903)
Adjusted balance 426,304 4,263 3,184,290 1,194,386 (201,472) 4,181,467
Net loss — — — (1,441,754) — (1,441,754)
Other comprehensive loss — — — — (189,924) (189,924)
Issuance of common stock related to the Citadel
Investment(1) 38,023 380 338,598 — — 338,978
Exercise of stock options and purchase plans,
including tax benefit 4,260 43 55,848 — — 55,891
Repurchases of common stock (7,228) (72) (148,560) — — (148,632)
Issuance of restricted stock 836 8 (8) — — —
Cancellation of restricted stock (1,196) (12) 12 — — —
Retirement of restricted stock to pay taxes (198) (2) (4,155) — — (4,157)
Amortization of deferred share-based
compensation to APIC under SFAS
No. 123(R) — — 34,983 — — 34,983
Other 97 1 2,212 — — 2,213
Balance, December 31, 2007 460,898 $4,609 $3,463,220 $ (247,368) $(391,396) $ 2,829,065
(1) Additional paid-in capital includes the proceeds received on November 29, 2007 for the 46.7 million shares of common stock that are
expected to be issued in the first quarter of 2008 in connection with the Citadel Investment. Common stock does not include these shares
as they had not been issued as of December 31, 2007.
See accompanying notes to consolidated financial statements
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