Home Shopping Network 2015 Annual Report Download - page 40

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38
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, 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
Net income . . . . . . . . . . . . . . . . . — — — — — 172,984 — 172,984
Other comprehensive loss . . . . . . — — — — — — (227) (227)
Stock-based compensation
expense for equity awards. . . . . . — — — — 15,606 — — 15,606
Cash dividend declared on
common stock . . . . . . . . . . . . . . . — — — — (57,824) — — (57,824)
Issuance of common stock from
stock-based compensation
awards, including tax benefit of
$8,293 . . . . . . . . . . . . . . . . . . . . . — — 435 4 (1,816) — — (1,812)
Repurchases of common stock . . — — (1,011) (10) (55,457) — — (55,467)
Balance as of December 31, 2014 — — 52,426 524 1,710,581 (1,108,891) 127 602,341
Net income . . . . . . . . . . . . . . . . . — — — — — 169,239 — 169,239
Other comprehensive loss . . . . . . — — — — — — (222) (222)
Stock-based compensation
expense for equity awards. . . . . . — — — — 18,408 — — 18,408
Cash dividend declared on
common stock . . . . . . . . . . . . . . . — — — — (597,864) — — (597,864)
Issuance of common stock from
stock-based compensation
awards, including tax benefit of
$12,526 . . . . . . . . . . . . . . . . . . . . — — 900 9 13,161 — — 13,170
Repurchases of common stock . . — — (948) (9) (58,501) — — (58,510)
Balance as of December 31, 2015 — $ — 52,378 $ 524 $ 1,085,785 $ (939,652) $ (95) $ 146,562
The accompanying notes are an integral part of these consolidated financial statements.