Enom 2012 Annual Report Download - page 89

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F-6
Demand Media, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
(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, 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
Exercise of stock awards, net 4,432 1 8,352 8,353
Stock option windfall tax benefits — — (41) — (41)
Termination of warrants — — (533) — (533)
Repurchases of common stock to
be held in treasury (1,106) (8,868) — (8,868)
Stock-based compensation expense 26,882 26,882
Foreign currency translation
adjustment — — (44) — (44)
Net income 6,176 6,176
Comprehensive income 6,132
Balance at December 31, 2012 86,931 $ 11 $ 562,692 $ (25,932) $ 15 $ (64,595) $ 472,191
The accompanying notes are an integral part of these consolidated financial statements.