Health Net 2009 Annual Report Download - page 99

HEALTH NET, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Amounts in thousands)
Common Stock Additional
Paid-In
Capital
Common Stock
Held in Treasury Retained
Earnings
Accumulated
Other
Comprehensive
(Loss) Income TotalShares Amount Shares Amount
Adjusted balance as of January 1, 2007 ............................................ 140,690 $140 $1,027,878 (28,815) $ (891,294) $1,655,400 $(11,237) $1,780,887 Comprehensive income:
Net income .............................................................. 193,697 193,697 Change in unrealized loss on investments, net of tax impact of $5,738 ................ 8,885 8,885
Defined benefit pension plans:
Prior service cost and net loss ................................................ 1,192 1,192
Total comprehensive income ..................................................... 203,774 Exercise of stock options ........................................................ 2,657 4 73,005 73,009 Share-based compensation expense ............................................... 24,294 24,294 Tax benefit related to equity compensation plans ..................................... 26,197 26,197 Repurchases of common stock and accelerated stock repurchase settlement ................ 133 (125) (4,363) (232,456) (232,581) Forfeiture of restricted stock ..................................................... (3) (94) (94) Amortization of restricted stock grants ............................................. 96 96 Balance as of January 1, 2008 .................................................... 143,477 $144 $1,151,251 (33,178) $(1,123,750) $1,849,097 $ (1,160) $1,875,582 Comprehensive income:
Net income .............................................................. 95,003 95,003 Change in unrealized loss on investments, net of tax impact of $4,319 ................ (7,207) (7,207)
Defined benefit pension plans:
Prior service cost and net loss ................................................ 1,501 1,501
Total comprehensive income ..................................................... 89,297 Exercise of stock options and vesting of restricted stock units ........................... 276 6,679 6,679 Share-based compensation expense ............................................... 24,065 24,065 Tax benefit related to equity compensation plans ..................................... 72 72 Repurchases of common stock and accelerated stock repurchase agreement ................ (6,867) (243,569) (243,569) Balance as of January 1, 2009 .................................................... 143,753 $144 $1,182,067 (40,045) $(1,367,319) $1,944,100 $ (6,866) $1,752,126 Comprehensive income:
Net loss ................................................................. (49,004) (49,004) Change in unrealized loss on investments, net of tax impact of $4,882 ................ 8,241 8,241
Defined benefit pension plans:
Prior service cost and net loss ................................................ (1,323) (1,323)
Total comprehensive income ..................................................... (42,086) Exercise of stock options and vesting of restricted stock units ........................... 422 10 1,344 1,354 Share-based compensation expense ............................................... 11,714 11,714 Tax detriment related to equity compensation plans ................................... (4,922) (4,922) Repurchases of common stock ................................................... (975) (22,403) (22,403) Balance as of December 31, 2009 ................................................. 144,175 $154 $1,190,203 (41,020) $(1,389,722) $1,895,096 $ 52 $1,695,783
See accompanying notes to consolidated financial statements.
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