FairPoint Communications 2011 Annual Report Download - page 73

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Table of Contents















     

      
Net loss (241,396) (241,396)
Issuance of 2008 Interim Awards 502 5 (5)
Issuance of restricted shares 524 5 (5)
Restricted stock cancelled for withholding tax (20)
Restricted units cancelled for withholding tax (430) (430)
Stock based compensation expense 2,052 2,052
Net assets contributed back to Verizon (12,019) (12,019)
Employee benefit adjustment to comprehensive income 9,580 9,580

      
Net loss (281,579) (281,579)
Restricted stock cancelled for withholding tax (13)
Forfeiture of restricted shares (549) (6) 6
Stock based compensation expense 468 468
Employee benefit adjustment to comprehensive income (87,880) (87,880)

      
Net income 586,907 586,907
Stock based compensation expense 18 18
Employee benefit adjustment to comprehensive income 493 493
Cancellation of Predecessor Company Common Stock (89,440) (894) (725,804) 726,698
Elimination of Predecessor Company accumulated other
comprehensive loss (212,311) 212,311
Issuance of Successor Company Common Stock 25,660 257 481,879 482,136
Issuance of Successor Company warrants 16,350 16,350

        
Net loss (414,945) (414,945)
Issuance of Common Stock 541 5 (5)
Issuance of restricted stock 14
Forfeiture of restricted stock (18)
Stock based compensation expense 3,810 3,810
Employee benefit adjustment to comprehensive income (193,494) (193,494)

      
See accompanying notes to consolidated financial statements.
69