Chipotle 2009 Annual Report Download - page 41

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CHIPOTLE MEXICAN GRILL, INC.
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(in thousands)
Common Stock Additional
Paid-in
Capital
Treasury Stock Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) TotalShares Amount Shares Amount
Balance, December 31, 2006 ....................................... 32,544 $325 $470,653 — $ — $ 2,972 $ 7 $473,957
Grant of common stock ........................................... 2 — 192 192
Stock-based compensation ........................................ 52 1 8,135 8,136
Stock option exercises ............................................ 207 2 3,861 3,863
Excess tax benefit on option exercises, net of utilization of $177 .......... 6,455 6,455
Cumulative affect of change in accounting principle, net of income tax of
$675 ........................................................ (1,049) (1,049)
Comprehensive income:
Net income ................................................. 70,563 70,563
Foreign currency translation adjustment .......................... (7) (7)
Total comprehensive income ................................... 70,556
Balance, December 31, 2007 ....................................... 32,805 328 489,296 — — 72,486 — 562,110
Stock-based compensation ........................................ 51 — 11,976 11,976
Stock option exercises ............................................ 22 1 470 471
Excess tax benefit on option exercises, net of utilization of $33 ........... 251 251
Acquisition of treasury stock ....................................... 692 (30,227) (30,227)
Comprehensive income:
Net income ................................................. 78,202 78,202
Foreign currency translation adjustment .......................... (193) (193)
Total comprehensive income ................................... 78,009
Balance, December 31, 2008 ....................................... 32,878 329 501,993 692 (30,227) 150,688 (193) 622,590
Stock-based compensation ........................................ 60 1 15,664 15,665
Stock option exercises ............................................ 535 5 11,788 11,793
Excess tax benefit on option exercises ............................... 10,435 10,435
Acquisition of treasury stock ....................................... 1,298 (84,089) (84,089)
Comprehensive income:
Net income ................................................. 126,845 126,845
Foreign currency translation adjustment .......................... 222 222
Total comprehensive income ................................... 127,067
Balance, December 31, 2009 ....................................... 33,473 $335 $539,880 1,990 $(114,316) $277,533 $ 29 $703,461
See accompanying notes to consolidated financial statements.
39
Annual Report