Blizzard 2007 Annual Report Download - page 62

64
A C T I V I S I O N , I N C . • • 2 0 0 7 A N N U A L R E P O R T
65
A C T I V I S I O N , I N C . • • 2 0 0 7 A N N U A L R E P O R T
(in thousands) Common Stock Additional Paid-In Retained Treasury Stock
Accumulated
Other
Comprehensive Unearned Shareholders’
For the fiscal years ended March 31, 2007, 2006, and 2005 Shares Amount Capital Earnings Shares Amount Income (Loss) Compensation Equity
Balance, March 31, 2004 296,669 $— $ 797,626 $166,682 (52,525) $(144,128) $ 9,961 $ — $ 830,141
Components of comprehensive income:
Net income for the year — — — 135,057 — — — — 135,057
Unrealized depreciation on short-term investments — — — — — — (3,317) — (3,317)
Foreign currency translation adjustment — — — — — — 4,974 — 4,974
Total comprehensive income 136,714
Issuance of common stock to employees 22,255 — 68,192 — — — — — 68,192
Issuance of common stock pursuant to warrants and common stock warrants 1,497 — 4,462 — — — — — 4,462
Stock-based compensation — — 3,368 — — — — — 3,368
Tax benefit attributable to employee stock options and common
stock warrants — — 53,206 — — — — — 53,206
Issuance of common stock to effect business combinations 145 — 1,191 — — — — — 1,191
Retirement of treasury shares (52,525) — (144,128) — 52,525 144,128 — — —
Balance, March 31, 2005 268,041 — 783,917 301,739 — — 11,618 — 1,097,274
Components of comprehensive income:
Net income for the year — — — 40,251 — — — — 40,251
Unrealized appreciation on short-term investments — — — — — — 10,576 — 10,576
Foreign currency translation adjustment — — — — — — (5,825) — (5,825)
Total comprehensive income 45,002
Issuance of common stock to employees 8,782 — 45,188 — — — — — 45,188
Stock-based compensation — — 2,632 — — — — — 2,632
Restricted stock grant — — 3,500 — — — — (3,500) —
Cash distribution for fractional shares (7) — (100) — — — — — (100)
Amortization of unearned compensation — — — — — — — 467 467
Tax benefit attributable to employee stock options and common
stock warrants — — 29,367 — — — — — 29,367
Issuance of common stock to effect business combinations 205 — 2,793 — — — — — 2,793
Balance, March 31, 2006 277,021 — 867,297 341,990 — — 16,369 (3,033) 1,222,623
Components of comprehensive income:
Net income for the year — — — 85,787 — — — — 85,787
Unrealized depreciation, net of tax on short-term investments — — — — — — (8,224) — (8,224)
Foreign currency translation adjustment — — — — — — 12,057 — 12,057
Total comprehensive income 89,620
Issuance of common stock to employees 3,532 — 18,956 — — — — — 18,956
Stock-based compensation — — 32,077 — — — — — 32,077
Tax benefit attributable to employee stock options and common
stock warrants — — 11,338 — — — — — 11,338
Issuance of common stock to effect business combinations 2,758 — 36,918 — — — — — 36,918
Reclassification of unearned compensation — — (3,033) — — — — 3,033 —
Balance, March 31, 2007 283,311 $— $ 963,553 $427,777 — $ — $20,202 $ — $1,411,532
The accompanying notes are an integral part of these consolidated financial statements.
Consolidated Statements of Changes in Shareholders’ Equity