Einstein Bros 2009 Annual Report Download - page 37

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Form 10-K
http://www.sec.gov/Archives/edgar/data/949373/000119312510040721/d10k.htm[9/11/2014 10:09:50 AM]
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ (DEFICIT) EQUITY
(in thousands, except share information)
Common Stock
Additional
Paid In
Capital
Accumulated
Other
Comprehensive
Loss
Accumulated
Deficit
Total Shares Amount
Balance, January 2, 2007 10,596,419 $ 11 $176,797 $— $ (309,039) $(132,231)
Net income — — — — 12,586 12,586
Common stock issued upon stock option
exercise and restricted stock awards 282,392 — 1,017 — — 1,017
Common stock issued in secondary offering 5,000,000 5 89,995 — — 90,000
Costs to issue common stock — — (6,667) — — (6,667)
Stock based compensation expense — — 1,688 — — 1,688
Balance, January 1, 2008 15,878,811 $ 16 $262,830 $— $ (296,453) $ (33,607)
Net income — — — — 21,077 21,077
Common stock issued upon stock option
exercise 97,526 — 404 — — 404
Restricted stock forfeited (7,334) — — — — —
Common stock issued upon stock appreciation
right exercise 164 — — — — —
Stock based compensation expense — — 945 — — 945
Unrealized loss on derivative securities, net of
taxes — — — (2,470) — (2,470)
Balance, December 30, 2008 15,969,167 $ 16 $264,179 $ (2,470) $ (275,376) $ (13,651)
Net income — — — — 71,995 71,995
Common stock issued upon restricted stock
awards 63,776 — — — — —
Common stock issued upon stock option
exercise 427,777 — 1,808 — — 1,808
Common stock issued upon stock appreciation
right exercise 403 — — — — —
Stock based compensation expense — — 941 — — 941
Net change in unrealized loss on derivative
securities, net of taxes — — — 1,193 — 1,193
Balance, December 29, 2009 16,461,123 $ 16 $266,928 $ (1,277) $ (203,381) $ 62,286
The accompanying notes are an integral part of these consolidated financial statements.
47
Table of Contents
EINSTEIN NOAH RESTAURANT GROUP, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
52 weeks ended
January 1,
2008
December 30,
2008
December 29,
2009
OPERATING ACTIVITIES:
Net income $ 12,586 $ 21,077 $ 71,995
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 11,192 14,100 16,627
Deferred income tax benefit — — (53,390)
Stock-based compensation expense 1,688 945 941
Loss on disposal of assets 601 198 212
Impairment charges and other related costs 236 263 818