Expedia 2014 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2014 Expedia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 137

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137

EXPEDIA, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(In thousands, except share data)
Common stock Class B
common stock Additional
paid-in
capital
Treasury stock Retained
earnings
(deficit)
Accumulated
other
comprehensive
income (loss)
Non-redeemable
noncontrolling
interest TotalShares Amount Shares Amount Shares Amount
Balance as of December 31, 2011 176,377,604 $ 18 12,799,999 $1 $5,474,653 55,596,673 $(2,535,219) $(722,239) $ (17,350) $105,303 2,305,167
Net income (excludes $485 of net income
attributable to redeemable noncontrolling
interest) 280,171 (216) 279,955
Other comprehensive income, net of taxes 17,372 1,290 18,662
Proceeds from exercise of equity instruments 12,877,312 1 237,994 237,995
Tax benefits on equity awards 31,367 31,367
Treasury stock activity related to vesting of
equity instruments 437,991 (20,195) (20,195)
Common stock repurchases 10,690,657 (397,376) (397,376)
Cash dividends paid (130,423) (130,423)
Adjustment to the fair value of redeemable
noncontrolling interests (772) (772)
Changes in ownership of noncontrolling
interests 2,077 2,752 4,829
Stock-based compensation expense 57,545 57,545
Other 2,634 2,634
Balance as of December 31, 2012 189,254,916 19 12,799,999 1 5,675,075 66,725,321 (2,952,790) (442,068) 22 109,129 2,389,388
Net income (excludes $7,130 of net loss
attributable to redeemable noncontrolling
interests) 232,850 (9,362) 223,488
Other comprehensive income, net of taxes 18,175 4,007 22,182
Proceeds from exercise of equity instruments
and employee stock purchase plans 3,307,451 — 52,081 52,081
Tax benefits on equity awards 38,799 38,799
Treasury stock activity related to vesting of
equity instruments 159,181 (7,993) (7,993)
Common stock repurchases 9,259,400 (514,907) (514,907)
Proceeds from issuance of treasury stock 15,258 (467,672) 10,015 25,273
Cash dividends paid (75,760) (75,760)
Adjustment to the fair value of redeemable
noncontrolling interests (26,614) (26,614)
Changes in ownership of noncontrolling
interests 6,928 9,747 16,675
Stock-based compensation expense 116,735 116,735
Other (362) (362)
Balance as of December 31, 2013 192,562,367 19 12,799,999 1 5,802,140 75,676,230 (3,465,675) (209,218) 18,197 113,521 2,258,985
F-6