American Home Shield 2008 Annual Report Download - page 72

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Table of Contents
Consolidated Statements of Shareholder's Equity
(In thousands)
Predecessor
Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
(Deficit)
Accumulated
Other
Comprehensive
Income (Loss)
Restricted
Stock
Treasury
Stock Total Equity
Balance December 31, 2005 $ 3,213 $1,117,388 $ 282,993 $ 7,197 $ (14,438)$(341,713) $ 1,054,640
Net income 169,699 169,699
Other comprehensive income (loss), net of tax:
Net unrealized gain on securities 5,227 5,227
Net unrealized loss on derivative instruments (3,052) (3,052)
Foreign currency translation 746 746
Total comprehensive income 169,699 2,921 172,620
Restricted stock reclassification(1) (14,438) 14,438
Shareholders' dividends (133,233) (133,233)
Shares issued under options, grant plans and other (5,486 shares) 49 66,607 4,958 71,614
Treasury shares purchased (7,306 shares) (86,053) (86,053)
Shares issued for acquisitions (736 shares) 2,649 6,621 9,270
Balance December 31, 2006 $ 3,262 $1,172,206 $ 319,459 $ 10,118 $ 0 $(416,187) $ 1,088,858
Net income 81,101 81,101
Other comprehensive income (loss), net of tax:
Net unrealized loss on securities (2,493) (2,493)
Net unrealized gain on derivative instruments 2,734 2,734
Foreign currency translation 1,747 1,747
Total comprehensive income 81,101 1,988 83,089
Adoption of FIN 48 (750) (750)
Shareholders' dividends (70,077) (70,077)
Shares issued under options, grant plans and other (10,445 shares) 27 78,405 82,126 160,558
Shares issued for acquisitions (56 shares) 250 503 753
Balance July 24, 2007 $ 3,289 $1,250,861 $ 329,733 $ 12,106 $ 0 $(333,558) $ 1,262,431
Successor
Net loss (123,520) (123,520)
Other comprehensive income (loss), net of tax:
Net unrealized gain on securities 4,636 4,636
Net unrealized loss on derivative instruments (10,455) (10,455)
Foreign currency translation 1,473 1,473
Total comprehensive loss (123,520) (4,346) (127,866)
Equity contribution 1,431,100 1,431,100
Stock-based employee compensation—contribution from Holdings 300 300
Balance December 31, 2007 $ 0 $1,431,400 $(123,520) $ (4,346) $ 0 $ 0 $ 1,303,534
Net loss (126,399) (126,399)
Other comprehensive loss, net of tax:
Net unrealized loss on securities (5,792) (5,792)
Net unrealized loss on derivative instruments (42,505) (42,505)
Foreign currency translation (3,511) (3,511)
Total comprehensive loss (126,399) (51,808) (178,207)
Stock-based employee compensation—contribution from Holdings 7,032 7,032
Balance December 31, 2008 $ 0 $1,438,432 $(249,919) $ (56,154) $ 0 $ 0 $ 1,132,359
Upon the adoption of SFAS 123(R) and effective January 1, 2006, the Company reclassified within Shareholder's Equity the $14.4 million balance of "Restricted Stock (unearned
compensation)" to "Additional paid-in capital." See accompanying Notes to the Consolidated Financial Statements.
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