EMC 2009 Annual Report Download - page 48

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Table of Contents
EMC CORPORATION
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(in thousands)
Common Stock Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Non-controlling
Interest in
VMware
Shareholders'
Equity Shares Par Value
Balance, January 1, 2007 (As Adjusted) 2,122,339 $ 21,223 $ 2,979,108 $ 7,790,634 $ (54,563) $ — $ 10,736,402
Stock issued through stock option and stock purchase plans 77,864 780 781,669 — — — 782,449
Tax benefit from stock options exercised — — 140,441 — — — 140,441
Restricted stock grants, cancellations and withholdings, net (8,629) (87) (38,012) — — — (38,099)
Repurchase of common stock (89,387) (894) (1,452,775) — — — (1,453,669)
Stock options issued in business acquisitions — — 4,607 — — — 4,607
Stock-based compensation — — 378,243 — — — 378,243
Impact of adopting new standard on uncertainty in income taxes — — — 6,509 — — 6,509
Impact from equity transactions of VMware, Inc. — — (16,836) — — 173,533 156,697
Gain on VMware's sale of its common stock, net of tax of $411,738 — — 686,228 — — — 686,228
Actuarial gain on pension plan, net of tax of $10,501 — — — — 17,960 — 17,960
Change in market value of investments — — — — 20,938 — 20,938
Change in market value of derivatives — — — — 107 — 107
Translation adjustment — — — — 7,109 — 7,109
Net income — — — 1,598,965 — 15,455 1,614,420
Balance, December 31, 2007 2,102,187 21,022 3,462,673 9,396,108 (8,449) 188,988 13,060,342
Stock issued through stock option and stock purchase plans 23,538 234 240,826 — — — 241,060
Tax benefit from stock options exercised — — 109,236 — — — 109,236
Restricted stock grants, cancellations and withholdings, net (633) (6) (56,035) — — — (56,041)
Repurchase of common stock (112,154) (1,121) (1,488,380) — — — (1,489,501)
Repurchase of VMware common stock from Cisco — — (13,259) — — — (13,259)
Stock options issued in business acquisitions — — 4,057 — — — 4,057
Stock-based compensation — — 531,086 — — — 531,086
Impact from equity transactions of VMware, Inc. — — 26,850 — — 93,794 120,644
Actuarial loss on pension plan, net of tax benefit of $55,680 — — — — (94,563) — (94,563)
Change in market value of investments — — — — (37,715) — (37,715)
Change in market value of derivatives — — — — (1,145) — (1,145)
Translation adjustment — — — — (38,080) — (38,080)
Net income — — — 1,275,104 — 44,725 1,319,829
Balance, December 31, 2008 2,012,938 20,129 2,817,054 10,671,212 (179,952) 327,507 13,655,950
Stock issued through stock option and stock purchase plans 38,729 387 365,974 — — — 366,361
Tax benefit from stock options exercised — — 33,967 — — — 33,967
Restricted stock grants, cancellations and withholdings, net 774 8 (55,310) — — — (55,302)
Stock options issued in business acquisitions — — 83,780 — — — 83,780
Stock-based compensation — — 604,757 — — — 604,757
Impact from equity transactions of VMware, Inc. — — 25,569 — — 148,522 174,091
Actuarial gain on pension plan, net of tax of $13,092 — — — — 21,877 — 21,877
Change in market value of investments — — — — 34,216 839 35,055
Change in market value of derivatives — — — — 3,187 — 3,187
Translation adjustment — — — — 14,950 — 14,950
Net income — — — 1,088,077 — 33,724 1,121,801
Balance, December 31, 2009 2,052,441 $ 20,524 $ 3,875,791 $ 11,759,289 $ (105,722) $ 510,592 $ 16,060,474
The accompanying notes are an integral part of the consolidated financial statements.
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