Earthlink 2009 Annual Report Download - page 70
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EARTHLINK, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND COMPREHENSIVE INCOME (LOSS)
The accompanying notes are an integral part of these consolidated financial statements.
66
Accumulated
Other
Comprehensive
Income
(Loss)
Common Stock
Treasury Stock
Additional
Paid-in
Capital
Accumulated
Deficit
Total
Stockholders'
Equity
Total
Comprehensive
Income (Loss)
Shares
Amount
Warrants
Shares
Amount
(in thousands)
Balance as of December 31, 2006
184,545
$
1,845
$
2,076,894
$
259
$
(1,046,293
)
(61,911
)
$
(508,232
)
$
(6,791
)
$
517,682
Issuance of common stock pursuant to exercise of
stock options and vesting of restricted stock units
1,796
18
9,707
—
—
—
—
—
9,725
Issuance of common stock for acquisition of New
Edge
49
1
379
—
—
—
—
—
380
Issuance of common stock
100
1
724
—
—
—
—
—
725
Exercise of warrants
—
259
(259
)
—
—
—
—
—
Issuance of phantom share units
—
—
45
—
—
—
—
—
45
Stock
-
based compensation expense
—
—
19,576
—
—
—
—
—
19,576
Repurchase of common stock
—
—
—
—
—
(
14,032
)
(94,332
)
—
(
94,332
)
Reclassification adjustment for realized losses on
certain investments
—
—
—
—
—
—
—
4,770
4,770
Unrealized holding gains on certain investments, net
of tax
—
—
—
—
—
—
—
1,044
1,044
$
1,044
Net loss
—
—
—
—
(
145,097
)
—
—
—
(
145,097
)
(145,097
)
Total comprehensive loss
$
(144,053
)
Balance as of December 31, 2007
186,490
1,865
2,107,584
—
(
1,191,390
)
(75,943
)
(602,564
)
(977
)
314,518
Cumulative effect of change in accounting principle
—
—
—
—
(
4,027
)
—
—
—
(
4,027
)
Issuance of common stock pursuant to exercise of
—
stock options and vesting of restricted stock units
1,774
18
5,728
—
—
—
—
—
5,746
Tax benefit from equity awards
—
—
1,017
—
—
—
—
—
1,017
Termination of convertible note hedge and warrant
agreements
—
—
1,425
—
—
—
—
—
1,425
Stock
-
based compensation expense
—
—
20,133
—
—
—
—
—
20,133
Repurchase of common stock
—
—
—
—
—
(
3,805
)
(31,856
)
—
(
31,856
)
Reclassification adjustment for realized gains and
losses on certain investments
—
—
—
—
—
—
—
893
893
Unrealized holding gains on certain investments, net
of tax
—
—
—
—
—
—
—
42
42
$
42
Net income
—
—
—
—
178,584
—
—
—
178,584
178,584
Total comprehensive income
$
178,626
Balance as of December 31, 2008
188,264
1,883
2,135,887
—
(
1,016,833
)
(79,748
)
(634,420
)
(42
)
486,475
Issuance of common stock pursuant to exercise of
stock options and vesting of restricted stock units
2,208
22
5,054
—
—
—
—
—
5,076
Tax withholdings related to net share settlements of
restricted stock units and stock options
—
—
(
5,450
)
—
—
—
—
—
(
5,450
)
Dividends paid on shares outstanding and restricted
stock units
—
—
(
30,006
)
—
—
—
—
—
(
30,006
)
Dividends payable on restricted stock units
—
—
(
616
)
—
—
—
—
—
(
616
)
Stock
-
based compensation expense
—
—
13,231
—
—
—
—
—
13,231
Repurchase of common stock
—
—
—
—
—
(
3,592
)
(22,340
)
—
(
22,340
)
Unrealized holding gains on certain investments, net
of tax
—
—
—
—
—
—
—
536
536
$
536
Net income
—
—
—
—
287,118
—
—
—
287,118
287,118
Total comprehensive income
$
287,654
Balance as of December 31, 2009
190,472
$
1,905
$
2,118,100
$
—
$
(
729,715
)
(83,340
)
$
(656,760
)
$
494
$
734,024