EMC 2011 Annual Report Download - page 52

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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, 2009 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
Stock issued through stock option and stock purchase plans 63,710 637 780,095 — — — 780,732
Tax benefit from stock options exercised — — 288,749 — — — 288,749
Restricted stock grants, cancellations and withholdings, net 5,762 58 (66,180) — — — (66,122)
Repurchase of common stock (52,667) (527) (999,397) — — — (999,924)
EMC purchase of VMware stock — — (353,915) — — (45,309) (399,224)
Stock options issued in business acquisitions — — 28,668 — — — 28,668
Stock-based compensation — — 684,276 — — — 684,276
Impact from equity transactions of VMware, Inc. — — (186,177) — — 224,669 38,492
Actuarial loss on pension plan, net of tax benefit of $1,392 — — — — (4,057) — (4,057)
Change in market value of investments — — — — 29,941 3,093 33,034
Change in market value of derivatives — — — — (8,145) — (8,145)
Translation adjustment — — — — (4,634) — (4,634)
Reclassification of convertible debt to mezzanine (Note E) — — (235,229) — — — (235,229)
Net income — — — 1,899,995 — 69,691 1,969,686
Balance, December 31, 2010 2,069,246 20,692 3,816,681 13,659,284 (92,617) 762,736 18,166,776
Stock issued through stock option and stock purchase plans 51,585 516 672,873 — — — 673,389
Tax benefit from stock options exercised — — 382,725 — — — 382,725
Restricted stock grants, cancellations and withholdings, net 9,869 99 (120,179) — — — (120,080)
Repurchase of common stock (81,810) (818) (1,999,150) — — — (1,999,968)
EMC purchase of VMware stock — — (354,818) — — (45,166) (399,984)
Stock options issued in business acquisitions — — 3,224 — — — 3,224
Stock-based compensation — — 837,637 — — — 837,637
Impact from equity transactions of VMware, Inc. — — (301,965) — — 106,664 (195,301)
Actuarial loss on pension plan, net of tax benefit of $11,410 — — — — (22,050) — (22,050)
Change in market value of investments — — — — (22,049) (3,677) (25,726)
Change in market value of derivatives — — — — (94,496) (16) (94,512)
Translation adjustment — — — — (3,797) — (3,797)
Reclassification of convertible debt to mezzanine (Note E) — — 115,904 — — — 115,904
Net income — — — 2,461,337 — 147,548 2,608,885
Balance, December 31, 2011 2,048,890 $ 20,489 $ 3,052,932 $16,120,621 $ (235,009) $ 968,089 $19,927,122
The accompanying notes are an integral part of the consolidated financial statements.
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