Enom 2011 Annual Report Download - page 83

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Demand Media, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity (Deficit)
(In thousands)
Common stock Additional
paid-in
capital
amount
Treasury Stock Accumulated
other
comprehensive
income
Accumulated
deficit Total
stockholders’
equity (deficit)
Shares outstanding Amount
Balance at December 31, 2008 14,473 $ 1 $ 15,649 $ $ 55 $ (24,451) $ (8,746)
Exercise of stock options 289 591 591
Repurchase of restricted stock (237)
Stock-based compensation expense 7,433 7,433
Unrealized loss on marketable securities (55) (55)
Foreign currency translation adjustment 169 169
Net loss (22,471) (22,471)
Comprehensive loss (22,302)
Balance at December 31, 2009 14,525 $ 1 $ 23,673 $ $ 169 $ (46,922) $ (23,079)
Grant of restricted stock purchase rights 200
Proceeds from exercise of stock options 647 1 1,569 1,570
Income tax windfall benefits 34 34
Issuance of warrants to purchase common stock 1,880 1,880
Stock-based compensation expense 9,565 9,565
Foreign currency translation adjustment (61) (61)
Net loss (5,325) (5,325)
Comprehensive loss (5,386)
Balance at December 31, 2010 15,372 $ 2 $ 36,721 $ $ 108 $ (52,247) $ (15,416)
Exercise of stock awards, net 2,806 1 7,285 7,286
Stock option windfall tax benefits 126 126
Conversion of preferred stock and warrants to common
stock 62,149 6 374,544 374,550
Issuance of common stock on IPO, net of issuance costs 5,175 1 76,902 76,903
Issuance of common stock for acquisitions 444 4,322 4,322
Repurchases of common stock to be held in treasury (2,341) (17,064) (17,064)
Stock-based compensation expense 28,132 28,132
Foreign currency translation adjustment (49) (49)
Net loss (18,524) (18,524)
Comprehensive loss (18,573)
Balance at December 31, 2011 83,605 $ 10 $528,032 $ (17,064) $ 59 $ (70,771) $ 440,266
The accompanying notes are an integral part of these consolidated financial statements.
F-5