Baskin Robbins 2012 Annual Report Download - page 87

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-77-
(d) Accumulated other comprehensive income
The components of accumulated other comprehensive income were as follows (in thousands):
Effect of
foreign
currency
translation
Unrealized
losses on
interest rate
swaps
Unrealized loss
on pension
adjustment Other
Accumulated
other
comprehensive
income
Balances at December 31, 2011 $ 20,910 — (1,306)(3) 19,601
Other comprehensive income (5,996) (1,655)(1,180)(1,629)(10,460)
Balances at December 29, 2012 $ 14,914 (1,655)(2,486)(1,632) 9,141
(f) Dividends
On December 3, 2010, the board of directors declared an aggregate dividend in the amount of $500.0 million, or $21.93 per
share, payable on that date in accordance with the Company’s charter to the holders of Class L common stock as of that date.
The dividend was recorded as a reduction to Class L common stock. No dividends were declared or paid during fiscal year
2011.
During fiscal year 2012, the Company paid dividends on common stock as follows:
Dividend per
share
Total amount
(in millions) Payment date
Fiscal year 2012:
First quarter $ 0.15 $ 18.0 March 28, 2012
Second quarter $ 0.15 $ 18.1 May 16, 2012
Third quarter $ 0.15 $ 18.1 August 24, 2012
Fourth quarter $ 0.15 $ 15.9 November 14, 2012
On January 31, 2013, we announced that our board of directors approved the next quarterly dividend of $0.19 per share of
common stock payable February 20, 2013.
(14) Equity incentive plans
The Company’s 2006 Executive Incentive Plan, as amended, (the “2006 Plan”) provides for the grant of stock-based and other
incentive awards. A maximum of 12,191,145 shares of common stock may be delivered in satisfaction of awards under the
2006 Plan, of which a maximum of 5,012,966 shares may be awarded as nonvested (restricted) shares and a maximum of
7,178,179 may be delivered in satisfaction of stock options.
The Dunkin’ Brands Group, Inc. 2011 Omnibus Long-Term Incentive Plan (the “2011 Plan”) was adopted in July 2011, and is
the only plan under which the Company currently grants awards. A maximum of 7,000,000 shares of common stock may be
delivered in satisfaction of awards under the 2011 Plan.
Total share-based compensation expense, which is included in general and administrative expenses, net, consisted of the
following (in thousands):
Fiscal year ended
December 29,
2012
December 31,
2011
December 25,
2010
Restricted shares $ 132 2,739 639
2006 Plan stock options—executive 4,245 1,626 703
2006 Plan stock options—nonexecutive 181 202 119
2011 Plan stock options 2,026 32 —
Other 336 33 —
Total share-based compensation $ 6,920 4,632 1,461
Total related tax benefit 2,768 1,852 619
The actual tax benefit realized from stock options exercised during fiscal years 2012 and 2011 was $14.1 million and $438
thousand, respectively. No tax benefit was realized from stock options exercised during fiscal year 2010.