3Ware 2002 Annual Report Download - page 58

APPLIED MICRO CIRCUITS CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands)
Common Stock Additional
Paid-In
Capital
Deferred
Compensation
Accumulated
Other
Comprehensive
Income (Loss)
Retained
Earnings
(Deficit)
Notes
Receivable
From
Stockholders
Total
Stockholders’
EquityShares Amount
Balance, March 31, 1999 .................................. 212,896 $2,128 $ 100,663 $ (2,123) $ (33) $ 21,514 $(455) $ 121,694 Issuance of stock, net of issuance costs ........................ 24,010 240 814,740 — — — — 814,980 Issuance of common stock under employee stock purchase plans . . . 524 6 2,498 — — — — 2,504 Issuance of stock pursuant to exercise of stock options ........... 6,366 63 10,313 — — — — 10,376 Repurchase of restricted stock ............................... (112) — (11) — — — — (11) Stock-based compensation expense .......................... — — — 611 — — — 611 Elimination of deferred compensation related to terminations ...... — — (69) 69 — — — — Tax benefit of disqualifying dispositions ...................... — — 15,159 — — — — 15,159 Comprehensive income:
Net income ........................................... — — — — — 48,625 — 48,625 Unrealized loss on short-term investments, net of tax ........... — — — — (133) — — (133)
Total comprehensive income ............................ — — — — — — — 48,492
Balance, March 31, 2000 .................................. 243,684 $2,437 $ 943,293 $ (1,443) $ (166) $ 70,139 $(455) $ 1,013,805 Issuance of stock related to purchase acquisitions ............... 46,232 462 4,775,395 — — — (47) 4,775,810 Issuance of common stock under employee stock purchase plans . . . 299 3 6,653 — — — — 6,656 Issuance of stock pursuant to exercise of stock options ........... 9,727 97 64,917 — — — — 65,014 Repurchase of restricted stock ............................... (120) (1) (8) — — — — (9) Deferred compensation related to stock options and restricted stock
assumed as a result of acquisitions ......................... — — — (438,845) — — — (438,845)
Stock-based compensation expense .......................... — — — 79,848 — — — 79,848 Elimination of deferred compensation related to terminations ...... — — (11,546) 11,546 — — — — Tax benefit of disqualifying dispositions ...................... — — 168,978 — — — — 168,978 Payment on notes ......................................... — — — — — — 455 455 Comprehensive income:
Net loss .............................................. — — — — — (436,215) — (436,215) Foreign currency translation loss ........................... — — — — (73) — — (73) Unrealized gain on short-term investments, net of tax .......... — — — — 2,677 — — 2,677
Total comprehensive loss .............................. — — — — — — — (433,611)
Balance, March 31, 2001 .................................. 299,822 $2,998 $5,947,682 $(348,894) $2,438 $ (366,076) $ (47) $ 5,238,101 Issuance of common stock under employee stock purchase plans . . . 840 8 8,696 — — — — 8,704 Issuance of stock pursuant to exercise of stock options ........... 3,436 35 12,059 — — — — 12,094 Repurchase of Company stock .............................. (3,630) (36) (29,392) — — — — (29,428) Stock-based compensation expense .......................... — — — 147,065 — — — 147,065 Elimination of deferred compensation related to terminations ...... — — (31,291) 31,291 — — — — Comprehensive income:
Net loss .............................................. — — — — — (3,605,690) — (3,605,690) Foreign currency translation loss ........................... — — — — (56) — — (56) Unrealized gain on short-term investments, net of tax .......... — — — — 461 — — 461
Total comprehensive loss .............................. — — — — — — — (3,605,285)
Balance, March 31, 2002 .................................. 300,468 $3,005 $5,907,754 $(170,538) $2,843 $(3,971,766) $ (47) $ 1,771,251
See accompanying notes.
F-5