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PMC-Sierra, Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands)
See notes to the consolidated financial statements.
53
Shares of
Common
Stock
Common
Stock
Additional
Paid in
Ca
p
ital
Accumulated
Other
Comprehensiv
e
Income (Loss)
Retained
Earnings
(Accumulated
Deficit)
Total
Stockholders’
E
q
uit
y
Balances at December 30, 2007
217,285
$237
$1,462,268
$1,43
7
$(817,538)
$646,404
Net income
—
—
—
—
128,297
128,297
Other com
p
rehensive income (loss):
Chan
g
e in fair value of derivatives
—
—
—
(4,655)
—
(4,655)
Com
p
rehensive income
123,642
Conversion of special shares into common
shares
2
0
—
17
—
—
17
Issuance of common stock under stock benefit
p
lans
4,03
0
4
16,505
—
—
16,509
Stoc
k
-based com
p
ensation ex
p
ense
—
—
24,838
—
—
24,838
Repurchase of senior convertible notes
—
equity
p
ortion
—
—
(48,331)
—
—
(48,331)
Gain on the repurchase of senior convertible
notes
—
e
q
uit
y
p
ortion
—
—
16,179
—
—
16,179
Balances at December 28, 2008
221,335
241
1,471,476
(3,218)
(689,241)
779,258
Net income
—
—
—
—
46,877
46,877
Other com
p
rehensive income (loss):
Chan
g
e in fair value of derivatives
—
—
—
3,766
—
3,766
Chan
g
e in fair values of investment securities
—
—
—
616
—
616
Com
p
rehensive income
51,259
Conversion of special shares into common
shares
474
1
651
—
—
652
Issuance of common stock under stock benefit
p
lans
5,846
5
27,951
—
—
27,956
Stoc
k
-based com
p
ensation ex
p
ense
—
—
21,398
—
—
21,398
Balances at December 27, 2009
227,655 247 1,521,476 1,164
(642,364)
880,523
Net income
—
—
—
—
83,162
83,162
Other com
p
rehensive income:
Chan
g
e in fair value of derivatives
—
—
—
451
—
451
Chan
g
e in fair values of investment securities
—
—
—
457
—
457
Com
p
rehensive income
84,070
Conversion of special shares into common
shares
20
0
1 285
—
—
286
Issuance of common stock under stock benefit
p
lans
4,153
4
17,763
—
—
17,767
Stoc
k
-based com
p
ensation ex
p
ense
—
—
23,018
—
—
23,018
Benefit of stock option related loss carry-
forwards
—
—
13,407
—
—
13,407
Balances at December 26, 2010
232,008
$252
$1,575,949
$2,07
2
$ (559,202)
$1,019,071