Home Shopping Network 2013 Annual Report Download - page 39

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37
HSN, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(In thousands)
Preferred
Stock Common Stock Additional
Paid-in
Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
(Loss) Income Total
Shares Amount Shares Amount
Balance as of December 31, 2010 — $ — 57,967 $ 580 $ 2,189,952 $ (1,714,069) $ — $ 476,463
Net income . . . . . . . . . . . . . . . . . — — — — — 123,070 — 123,070
Stock-based compensation
expense for equity awards . . . . . . — — — — 18,908 — — 18,908
Cash dividend declared on
common stock . . . . . . . . . . . . . . . — — — — (7,384) — (7,384)
Issuance of common stock from
stock-based compensation
awards, including tax benefit of
$9,330 . . . . . . . . . . . . . . . . . . . . . — — 1,238 12 6,689 — — 6,701
Repurchases of common stock . . — — (791) (8) (28,053) (28,061)
Balance as of December 31, 2011.— — 58,414 584 2,180,112 (1,590,999) — 589,697
Net income . . . . . . . . . . . . . . . . . — — — — — 130,675 — 130,675
Other comprehensive loss . . . . . . — — — — — — (471) (471)
Stock-based compensation
expense for equity awards . . . . . . — — — — 14,440 — — 14,440
Cash dividend declared on
common stock . . . . . . . . . . . . . . . — — — — (31,049) — — (31,049)
Issuance of common stock from
stock-based compensation
awards, including tax benefit of
$18,900 . . . . . . . . . . . . . . . . . . . . — — 1,901 19 21,797 — — 21,816
Repurchases of common stock . . — — (5,461) (54) (220,540) — — (220,594)
Balance as of December 31, 2012 — — 54,854 549 1,964,760 (1,460,324) (471) 504,514
Net income . . . . . . . . . . . . . . . . . — — — — — 178,449 — 178,449
Other comprehensive income . . . — — — — — — 825 825
Stock-based compensation
expense for equity awards . . . . . . — — — — 14,043 — — 14,043
Cash dividend declared on
common stock . . . . . . . . . . . . . . . — — — — (42,281) — — (42,281)
Issuance of common stock from
stock-based compensation
awards, including tax benefit of
$9,788 . . . . . . . . . . . . . . . . . . . . . — — 885 9 20,416 — — 20,425
Repurchases of common stock . . — — (2,737) (28) (146,866) — — (146,894)
Balance as of December 31, 2013 — $ — 53,002 $ 530 $ 1,810,072 $ (1,281,875) $ 354 $ 529,081
The accompanying notes are an integral part of these consolidated financial statements.