Green Dot 2011 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2011 Green Dot 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 108

  • 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

GREEN DOT CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (CONTINUED)
Note 15—Earnings per Common Share (continued)
79
Year Ended December 31, Five Months Ended
December 31, 2009
Year Ended
July 31, 20092011 2010
(In thousands, except per share data)
Basic earnings per Class A common share
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 52,083 $ 42,232 $ — $ —
Allocated earnings to preferred stock. . . . . . . . . . (558) (14,659) — —
Allocated earnings to other classes of common
stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (24,022) (24,408) — —
Net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,503 3,165 — —
Weighted-average Class A shares issued and
outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,238 2,980 — —
Basic earnings per Class A common share. . . . . . . . $1.24$1.06$ —$ —
Diluted earnings per Class A common share
Net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 27,503 $3,165$ —$ —
Allocated earnings to participating securities, net
of re-allocated earnings . . . . . . . . . . . . . . . . . . . . 23,585 24,366 — —
Re-allocated earnings . . . . . . . . . . . . . . . . . . . . . (1,036) (231) — —
Diluted net income allocated to Class A common
stockholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,052 27,300 — —
Weighted-average Class A shares issued and
outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,238 2,980 — —
Dilutive potential common shares: . . . . . . . . . . . . . .
Class B common stock . . . . . . . . . . . . . . . . . . . . 19,822 24,796 — —
Stock options . . . . . . . . . . . . . . . . . . . . . . . . . . . . ————
Restricted stock units . . . . . . . . . . . . . . . . . . . . . . 3———
Employee stock purchase plan . . . . . . . . . . . . . . 26——
Diluted weighted-average Class A shares issued
and outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,065 27,782 — —
Diluted earnings per Class A common share . . . . . . $1.19$0.98$ —$ —