Blizzard 2015 Annual Report Download - page 59

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41
ACTIVISION BLIZZARD, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
For the Years Ended December 31, 2015, 2014, and 2013
(Amounts and shares in millions, except per share data)
Common Stock Treasury Stock
Additional
Paid-In Retained
Accumulated
Other
Comprehensive
Total
Shareholders’
Shares Amount Shares Amount Capital Earnings Income (Loss) Equity
Balance at December 31, 2012................................................ 1,112 $ — — $ — $ 9,450 $ 1,893 $ (26) $ 11,317
Components of comprehensive income:
Net inco me ............................................................................ — — — — — 1,010 — 1,010
Other comprehensive income (loss) ..................................... — — — — — — 94 94
Issuance of common stock pursuant to employee stock options 16 — — — 158 — —158
Issuance of common stock pursuant to restricted stock rights . 8 — — — — — — —
Restricted stock surrendered for employees’ tax liability ........ (4) — — — (49) — — (49)
Tax benefit associated with employee stock awards ................ — — — — 11 — —11
Stock-based compensation expense related to employee stock
options and restricted stock righ ts ........................................ — — — — 112 — —112
Dividends ($0.19 per common share) ....................................... — —— — — (217) — (217)
Shares repurchased (see Note 17) ............................................. ——(429) (5,830) — — — (5,830)
Indemnity on tax attributes assumed in connection with the Purchase
Transaction (see Note 15) .................................................... —— — 16 — — — 16
Balance at December 31, 2013 ................................................ 1,132 $ — (429) $(5,814) $ 9,682 $ 2,686 $ 68 $ 6,622
Components of comprehensive income:
Net inco me ............................................................................ — — — — — 835 —835
Other comprehensive income (loss) ..................................... ——— — — — (371) (371)
Issuance of common stock pursuant to employee stock options 14 — — — 172 — —172
Issuance of common stock pursuant to restricted stock rights . 7 — — — — — — —
Restricted stock surrendered for employees’ tax liability ........ (2) — — — (66) — — (66)
Tax benefit associated with employee stock awards ................ — — — — 30 — —30
Stock-based compensation expense related to employee stock
options and restricted stock righ ts ........................................ — — — — 106 — —106
Dividends ($0.20 per common share) ....................................... — —— — — (147) — (147)
Indemnity on tax attributes assumed in connection with the Purchase
Transaction (see Note 15) .................................................... —— — 52 — — — 52
Balance at December 31, 2014 ................................................ 1,151 $ — (429) $(5,762) $ 9,924 $ 3,374 $ (303) $ 7,233
Components of comprehensive income:
Net inco me ............................................................................ — — — — — 892 —892
Other comprehensive income (loss) ..................................... ——— — — — (330) (330)
Issuance of common stock pursuant to employee stock options 8 — — — 106 — —106
Issuance of common stock pursuant to restricted stock rights . 7 — — — — — — —
Restricted stock surrendered for employees’ tax liability ........ (3) — — — (83) — — (83)
Tax benefit associated with employee stock awards ................ — — — — 65 — —65
Stock-based compensation expense related to employee stock
options and restricted stock righ ts ........................................ — — — — 95 — —95
Dividends ($0.23 per common share) ....................................... — —— — — (170) — (170)
Indemnity on tax attributes assumed in connection with the Purchase
Transaction (see Note 15) .................................................... — — — 58 — — —58
Shareholder settlement in connection with the Purchase Transaction
(see Note 19)......................................................................... —— — 67 135 — — 202
Balance at December 31, 2015................................................ 1,163 $ — (429) $(5,637) $ 10,242 $ 4,096 $ (633) $ 8,068
The accompanying notes are an integral part of these Consolidated Financial Statements.
10-K Activision_Master_032816_PrinterMarksAdded.pdf 41 3/28/16 9:15 PM