8x8 2002 Annual Report Download - page 45

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Basic and diluted shares outstanding................... 27,271 24,846 18,071
========= ========= =========
The accompanying notes are an integral part of these consolidated financial statements.
8X8, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(IN THOUSANDS, EXCEPT SHARES)
Notes Accumulated
Receivable other
Preferred Stock Common Stock Additional from Deferred Comprehen-
---------------- -------------------- Paid-in Stock- Compensa-
sive Accumulate
Shares Amount Shares Amount Capital holders tion Loss Deficit
------- ------- ----------- ------- ---------- --------- ---------- ----------
----------
Balance at March 31, 1999...... -- $ --
15,425,752 $ 15 $ 48,363 $ (266) $ (197) $ (193) $ (28,899)
Acquisition of Odisei S.A. .... -- -- 2,988,646 3 13,264 (76) -- -- --
Issuance of common stock to
STMicroelectronics, net...... -- -- 3,700,000 4 35,089 -- -- -- --
Issuance of warrants with
convertible subordinated
debentures................... -- -- -- -- 2,467 -- -- -- --
Issuance of common stock under
stock plans.................. -- -- 906,119 1 2,079 -- -- -- --
Repayment of notes receivable
from stockholders............ -- -- -- -- -- 240 -- -- --
Repurchase of common stock..... -- -- (61,596) -- (43) 33 -- -- --
Deferred compensation related
to stock options............. -- -- -- -- 340 -- (179) -- --
Realized loss on investments... -- -- -- -- -- -- -- 193 --
Net loss....................... -- -- -- -- -- -- -- --
(24,848)
Total comprehensive loss....... -- -- -- -- -- -- -- -- --
------- ------- ----------- ------- ---------- --------- ---------- ----------
----------
Balance at March 31, 2000...... -- -- 22,958,921 23 101,559 (69) (376) --
(53,747)
Acquisition of UForce, Inc. ... 1 -- 3,555,303 4 44,584 -- -- -- --
Issuance of common stock under
stock plans.................. -- -- 1,206,591 1 2,761 -- -- -- --
Repayment of notes receivable
from stockholders............ -- -- -- -- -- 60 -- -- --
Repurchase of common stock and
Exchangeable Shares.......... -- -- (1,040,089) (1) (521) 8 -- -- --
Deferred compensation related
to stock options............. -- -- -- -- 551 -- 202 -- --
Value of beneficial conversion
feature associated with the
convertible subordinated
debentures................... -- -- -- -- 1,081 -- -- -- --
Change in unrealized loss on
investments.................. -- -- -- -- -- -- -- (24) --
Cumulative translation
adjustment................... -- -- -- -- -- -- -- (65) --
Net loss....................... -- -- -- -- -- -- -- --
(74,399)
Total comprehensive loss....... -- -- -- -- -- -- -- -- --
------- ------- ----------- ------- ---------- --------- ---------- ----------
----------
Balance at March 31, 2001...... 1 --
26,680,726 27 150,015 (1) (174) (89) (128,146)
Redemption of convertible
subordinated debentures...... -- -- 1,000,000 -- 321 -- -- --
(25)
Issuance of common stock under
stock plans.................. -- -- 457,346 -- 335 -- -- -- --
Issuance of common stock to
debt holders to satisfy
interest obligations......... -- -- 95,699 -- 97 -- -- -- --
Forgiveness of note receivable. -- -- (5,556) -- (1) 1 -- -- --
Deferred compensation related
to stock options............. -- -- -- -- (155) -- 144 -- --