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GREEN DOT CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN REDEEMABLE CONVERTIBLE
PREFERRED STOCK AND IN STOCKHOLDERS’ EQUITY (DEFICIT)
Shares Amount Shares Amount Shares Amount Shares Amount
Additional
Paid-in
Capital
Related
Party Notes
Receivable
Retained
Earnings
(Accumulated
Deficit)
Total
Stockholders’
Equity
(Deficit)
Redeemable
Convertible
Preferred Stock
Convertible
Preferred
Stock
Class A
Common Stock
Class B
Common Stock
Stockholder’s Equity (Deficit)
(In thousands)
Balance at July 31,
2007 . . . . . . . . . 2,926 $ 22,336 23,837 $ 18,345 — $— 10,194 $10 $ 539 $(4,922) $(25,102) $ (11,130)
Exercise of options . . — — — — — — 1,559 2 1,621 — — 1,623
Issuance of related
party notes
receivable . . . . . . — — — — — — — — — (120) — (120)
Interest on related
party notes
receivable . . . . . . — — — — — — — — 193 (193) — —
Stock-based
compensation . . . — — — — — — — — 1,240 — 1,240
Accretion fo
redeemable
convertible
preferred stock . . . — 4,480 — — — — — — — — (4,480) (4,480)
Net income . . . . . . — — — — — — — — — — 17,335 17,335
Balance at July 31,
2008 . . . . . . . . . 2,926 26,816 23,837 18,345 — — 11,753 12 3,593 (5,235) (12,247) 4,468
Exercise of options . . — — — — — — 308 — 415 — — 415
Issuance of related
party notes
receivable . . . . . . — — — — — — — — — (364) — (364)
Interest on related
party notes
receivable . . . . . . — — — — — — — — 215 (215) — —
Stock-based
compensation . . . — — — — — — — — 2,468 — — 2,468
Accretion fo
redeemable
convertible
preferred stock . . . — 1,956 — — — — — — — (1,956) (1,956)
Issuance of new
shares and
repurchase of
existing shares,
net . . . . . . . . . . (2,926) (28,772) 1,105 12,977 — — (21) — (1,778) — (9,197) 2,002
Exercise of call
option on
warrants . . . . . . . — — — — — — — — (1,958) — — (1,958)
Net income . . . . . . — — — — — — — — — — 37,163 37,163
Balance at July 31,
2009 . . . . . . . . . — — 24,942 31,322 — — 12,040 12 2,955 (5,814) 13,763 42,238
Exercise of options . . — — — — — — 562 1 2,811 — — 2,812
Interest on related
party notes
receivable . . . . . . — — — — — — — — 55 (55) — —
Repayment of related
party notes
receivable . . . . . . — — — — — — — — — 5,869 — 5,869
Stock-based
compensation . . . — — — — — — 258 — 6,782 — — 6,782
Net income . . . . . . — — — — — — — — — — 13,663 13,663
Balance at
December 31,
2009 . . . . . . . . . — — 24,942 31,322 — — 12,860 13 12,603 — 27,426 71,364
Exercise of options
and warrants . . . . — — — — — — 1,840 2 30,873 — — 30,875
Stock-based
compensation . . . — — — — — — 2 — 7,256 — — 7,256
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