Adaptec 2006 Annual Report Download - page 68
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Table of Contents
PMC-Sierra, Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands)
Shares
of
Common
Stock
Common
Stock
Additional
Paid in
Capital
Deferred
Stock
Compensation
Accumulated
Other
Comprehensive
loss (income)
Retained
Earnings
(Accumulated
Deficit)
Total
Stockholders’
Equity
Balances at December 28, 2003 - Restated
(Note 2) 174,289 $ 174 $ 960,313 — $ 1,838 $ (736,028) $ 226,297
Net income — — — — — 51,681 51,681
Other comprehensive income (loss):
Change in net unrealized gains on
investments — — — — (1,559) — (1,559)
Change in fair value of derivatives — — — — 71 — 71
Comprehensive income 50,193
Conversion of special shares into common
stock 23 — 85 — — — 85
Issuance of common stock under stock
benefit plans 4,198 5 22,060 — — — 22,065
Deferred stock compensation — — 697 (697) — — —
Amortization of deferred stock compensation — — — 697 — — 697
Balances at December 26, 2004 - Restated
(Note 2) 178,510 179 983,155 — 350 (684,347) 299,337
Net income — — — — — 27,986 27,986
Other comprehensive income (loss):
Change in net unrealized gains on
investments — — — — 929 — 929
Change in fair value of derivatives — — — — 444 — 444
Comprehensive income 29,359
Conversion of special shares into common
stock 438 — 1,072 — — — 1,072
Issuance of common stock under stock
benefit plans 4,358 5 24,059 — — 24,064
Deferred stock compensation — — 215 (215) — — —
Amortization of deferred stock compensation — — — 215 — — 215
Balances at December 31, 2005 - Restated
(Note 2) 183,306 184 1,008,501 — 1,723 (656,361) 354,047
Net loss — — — — — (99,892) (99,892)
Other comprehensive income (loss):
Change in net unrealized gains on
investments — — — — (12) — (12)
Change in fair value of derivatives — — — — (2,838) — (2,838)
Comprehensive loss (102,742)
Issuance of common stock and assumption of
stock options on acquisition of Passave
Inc. 19,851 19 254,527 — — — 254,546
Conversion of special shares into common
stock 361 — 629 — — — 629
Issuance of common stock under stock
benefit plans 7,132 27 26,013 — — — 26,040
Stock-based compensation expense — — 37,908 — — — 37,908
Balances at December 31, 2006 210,650 $ 230 $ 1,327,578 $ — $ (1,127) $ (756,253) $ 570,428
See notes to the consolidated financial statements.
66
Source: PMC SIERRA INC, 10-K, March 01, 2007 Powered by Morningstar® Document Research℠