Citrix 2006 Annual Report Download - page 61



Citrix Systems, Inc.  Annual Report

Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Deferred
Compensation
Common Stock
to Treasury Total
Stockholders’
Equity
Total
Comprehensive
Income Shares Amount
Balance at December 31, 2003 202,622 $ 203 $ 700,111 $ 646,740 $ 7,810 $ — (38,150) $ (648,066) $ 706,798 —
Cumulative effect of restatement — — 143,967 (119,927) — (13,647) — — 10,393 —
Balance at December 31, 2003, as restated 202,622 203 844,078 526,813 7,810 (13,647) (38,150) (648,066) 717,191 —
Exercise of stock options 4,492 4 58,673 — — — — — 58,677 —
Common stock issued under employee stock purchase plan 299 — 4,786 — — — — — 4,786 —
Common stock issued for acquisition 5,578 6 124,416 — — — — — 124,422 —
Tax benefit from employer stock plans — — 16,442 — — — — — 16,442 —
Stock-based compensation expense — — (199) — — 6,451 — — 6,252 —
Repurchase of common stock — — 15,782 — — — (4,458) (84,613) (68,831) —
Cash paid in advance for share repurchase contracts — — (53,072) — — — — — (53,072) —
Unrealized loss on forward contracts and interest rate swaps, net of
reclassification adjustments and net of taxes — — — — (164) — — — (164) $ (164)
Unrealized loss on available-for-sale securities, net of tax — — — — (156) — — — (156) (156)
Net income — — — 131,287 — — — — 131,287 131,287
Total comprehensive income, as restated $ 130,967
Balance at December 31, 2004, as restated 212,991 213 1,010,906 658,100 7,489* (7,196) (42,608) (732,679) 936,833* —
Exercise of stock options 6,231 6 94,194 — — — — — 94,200 —
Common stock issued under employee stock purchase plan 449 — 7,392 — — — — — 7,392 —
Common stock issued for acquisitions 6,817 7 154,260 — — — — — 154,267 —
Tax benefit from employer stock plans — — 35,045 — — — — — 35,045 —
Stock-based compensation expense 85 — 21,623 — — (14,220) — — 7,403 —
Repurchase of common stock — — 54,963 — — — (7,357) (174,817) (119,854) —
Cash paid in advance for share repurchase contracts — — (54,496) — — — — — (54,496) —
Unrealized loss on forward contracts and interest rate swaps, net of
reclassification adjustments and net of in taxes — — — — (11,485) — — — (11,485) $ (11,485)
Charge for compensation expense on non-employee stock options — — 82 — — — — — 82 —
Unrealized loss on available-for-sale securities, net of tax — — — — (467) — — — (467) (467)
Net income — — — 165,609 — — — — 165,609 165,609
Total comprehensive income, as restated $ 153,657
Balance at December 31, 2005, as restated 226,573 226 1,323,969 823,709 (4,463) (21,417)* (49,965) (907,496) 1,214,528* —
Shares issued under stock based compensation plans 11,245 11 221,736 — — — — — 221,747 —
Stock-based compensation expense — — 60,713 — — — — — 60,713 —
Common stock issued under employee stock purchase plan 339 — 8,909 — — — — — 8,909 —
Common stock issued related to acquisitions (1) — 290 — — — — — 290 —
Tax benefit from employer stock plans — — 40,600 — — — — — 40,600 —
Write-off of deferred compensation — — (21,417) — — 21,417 — — — —
Repurchase of common stock — — 57,074 — — — (9,501) (294,891) (237,817) —
Cash paid in advance for share repurchase contracts — — (36,344) — — — — — (36,344) —
Donated treasury shares — — — — — — 1 22 22 —
Unrealized gain on forward contracts net of reclassification adjustments and net of in taxes — — — — 8,406 — — — 8,406 $ 8,406
Unrealized gain on available-for-sale securities, net of tax — — — — 237 — — — 237 237
Net income — — — 182,997 — — — — 182,997 182,997
Total comprehensive income $ 191,640
 $ 1,006,706 $ 4,180 $ — (59,465) $ (1,202,365) $ 1,464,289*
*Amounts do not add due to rounding.
See accompanying notes.