Earthlink 2004 Annual Report Download - page 63

60
EARTHLINK, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME (LOSS)
The accompanying notes are an integral part of these consolidated financial statements.
Unrealized
Total
Total
Additional
Accumu- Gain (Loss) Deferred Stock- Compre-
Preferred Stock Common Stock
Paid-in lated
Treasury Stock
on Invest- Compen- holders’ hensive
Shares
Amount
Shares
Amount
Capital
Warrants
Deficit Shares Amount ments sation Equity Income (Loss)
(in thousands)
Balance as of December 31, 2001
26,951
$
270
147,994
$
1,480
$
1,917,052
$
1,223
$
(1,068,971
)
—
$
—
$
—
$
—
$
851,054
Conversions of Series A convertible
preferred stock to common stock
(8,972
)
(90
)
8,750
88
2
— — — — — — — —
Issuance of common stock pursuant to
acquisitions
—
—
110
1
1,340
—
—
—
—
—
—
1,341
—
Accretion of convertible preferred stock — — — —
19,987
— (
19,987
) — — — — — —
Issuance of common stock pursuant to
exercise of stock options
— —
307
3
1,069
— — — — — —
1,072
—
Issuance of common stock pursuant to
employee stock purchase plan
— —
102
1
510
— — — — — —
511
—
Repurchase of common stock — — — — — — — (
2,551
)
(14,176
) — — (
14,176
) —
Unrealized holding gains on certain
investments
—
—
—
—
—
—
—
—
—
531
—
531
531
Net loss
— — — — — — (
148,033
) —
— — — (
148,033
)
(148,033
)
Total comprehensive loss
(147,502
)
Balance as of December 31, 2002
17,979
180
157,263
1,573
1,939,960
1,223
(1,236,991
)
(2,551
)
(14,176
)
531
—
692,300
Conversions of Series A convertible
preferred stock to common stock
(1,143
)
(11
)
1,137
11
—
—
—
—
—
—
—
—
—
Conversions of Series B convertible
preferred stock to common stock
(16,836
)
(169
)
16,779
168
1
— — — — — — — —
Accretion of convertible preferred stock — — — —
4,586
— (
4,586
) — — — — — —
Issuance of common stock pursuant to
exercise of stock options
— —
1,010
10
3,220
— — — — — —
3,230
—
Issuance of common stock pursuant to
employee stock purchase plan
— —
221
2
1,128
— — — — — —
1,130
—
Issuance of restricted stock units
—
—
—
—
210
—
—
—
—
—
(
210
)
—
—
Amortization of deferred compensation — — — — — — — — — —
13
13
—
Repurchase of common stock — — — — — — — (
14,817
)
(90,168
) — — (
90,168
) —
Unrealized holding losses on certain
investments
—
—
—
—
—
—
—
—
—
(
648
)
—
(
648
)
(648
)
Net loss
— — — — — — (
62,194
) —
— — — (
62,194
)
(62,194
)
Total comprehensive loss
(62,842
)
Balance as of December 31, 2003 — —
176,410
1,764
1,949,105
1,223
(1,303,771
)
(17,368
)
(104,344
)
(117
)
(197
)
543,663
Issuance of common stock pursuant to
exercise of stock options
—
—
2,120
21
15,846
—
—
—
—
—
—
15,867
—
Issuance of common stock pursuant to
employee stock purchase plan
— —
223
2
1,694
— — — — — —
1,696
—
Issuance of restricted stock units — — — —
4,431
— — — — — (
4,431
) — —
Vesting of restricted stock units and
phantom share units
— —
12
1
132
— — — — — —
133
—
Amortization of deferred compensation — — — — — — — — — —
633
633
—
Repurchase of common stock — — — — — — — (
12,677
)
(125,712
) — — (
125,712
) —
Unrealized holding gains on certain
investments
— — — — — — — — —
318
—
318
318
Net income
— — — — — —
111,009
— — — —
111,009
111,009
Total comprehensive income
$
111,327
Balance as of December 31, 2004 —
$
—
178,765
$
1,788
$
1,971,208
$
1,223
$
(1,192,762
)
(30,045
)
$
(230,056
)
$
201
$
(3,995
)
$
547,607