Charles Schwab 2010 Annual Report Download - page 67

Download and view the complete annual report

Please find page 67 of the 2010 Charles Schwab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 135

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135

THE CHARLES SCHWAB CORPORATION
Consolidated Statements of Stockholders’ Equity
(In Millions)
Common Stock
Additional
Paid-In
Ca
p
ital
Retained
Earnin
g
s
Treasury Stock,
at cost
Accumulated
Other
Comprehensiv
e
Income
(Loss)
Total
Shares Amoun
t
Balance at December 31, 2007
1,392
$14
$2,107
$5,776
$(4,148)
$(17)
$3,732
Com
p
rehensive income:
Net income
1,212
1,212
Other comprehensive income, net of
tax:
Net unrealized loss on securities
available for sale
(535)
(535)
Foreign currency translation
ad
j
ustment
(1)
(1)
Total com
p
rehensive income
676
Dividends declared on common stoc
k
(253)
(253)
Purchase of treasur
y
stoc
k
(350)
(35
0
)
Stock o
p
tion exercises and other
(20)
149
129
Stoc
k
-based com
p
ensation
65
65
Excess tax benefits from stoc
k
-based
com
p
ensation
50
5
0
Restricted shares withheld for tax
(11)
(11)
Em
p
lo
y
ee stock
p
urchase
p
lan
p
urchases
12
11
23
Balance at December 31, 2008
1,392
14
2,214
6,735
(4,349)
(553)
4,061
Com
p
rehensive income:
Net income
787
787
Other comprehensive income, net of
tax:
Net unrealized gain on securities
available for sale
362
362
Total com
p
rehensive income
1,149
Dividends declared on common stoc
k
(279)
(279)
Stock o
p
tion exercises and other
52
52
Stoc
k
-based com
p
ensation
72
72
Excess tax benefits from stoc
k
-based
com
p
ensation
8
8
Restricted shares withheld for tax
(7)
(7)
Em
p
lo
y
ee stock
p
urchase
p
lan
p
urchases
4
13
17
Balance at December 31, 2009
1,392
14
2,298
7,243
(4,291)
(191)
5,073
Com
p
rehensive income:
Net income
454
454
Other comprehensive income, net of
tax:
Net unrealized gain on securities
available for sale
208
208
Net unrealized loss on cash flow
hed
g
in
g
instruments
(1)
(1)
Total com
p
rehensive income
661
Issuance of common stoc
k
3
0
543
543
Issuance of common stock for business
ac
q
uisition
7
106
106
Dividends declared on common stoc
k
(288)
(288)
Stock o
p
tion exercises and other
(4)
39
35
Stoc
k
-based com
p
ensation
84
84
Excess tax benefits from stoc
k
-based
com
p
ensation
3
3