Incredimail 2010 Annual Report Download - page 89

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INCREDIMAIL LTD .
AND ITS SUBSIDIARIES
STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
U.S. dollars in thousands
Total comprehensive income for the years ended December 31, 2008, 2009 and 2010 amounted to $4,325, $8,418 and $8,282, respectively.
The accompanying notes are an integral part of the consolidated financial statements.
Share
capital
Additional
paid-in
capital
Accumulated
other
comprehensive
income
Retained
earnings
(accumulated
deficit)
Treasury
stock
Total
shareholders'
equity
Balance as of January 1, 2008
$
20
$
22,029
$
112
$
(1,390
)
$
-
$
20,771
Stock based compensation expense
-
1,165
-
-
-
1,165
Exercise of share options
164
-
-
-
165
Repurchase of Ordinary shares
-
-
-
-
(882
)
(882
)
Comprehensive income:
Net income
-
-
-
4,425
-
4,425
Changes in unrealized holding
gains on marketable securities,
net
-
-
(100
)
-
-
(100
)
Balance as of December 31, 2008
21
23,358
12
3,035
(882
)
25,544
Cumulative effect from adoption of
FSP No. 115-2/124-2 (primarily
codified in ASC 320-10-
Investments-Debt and Equity
Securities-Overall) at April 1,
2009
-
-
(210
)
210
-
-
Stock based compensation expense
-
672
-
-
-
672
Exercise of share options
-
984
-
-
-
984
Dividends
-
(2,624
)
-
(5,872
)
-
(8,496
)
Repurchase of Ordinary shares
-
-
-
-
(120
)
(120
)
Comprehensive income:
Net income
-
-
-
8,013
-
8,013
Changes in unrealized holding
gains on marketable securities,
net
-
-
405
-
-
405
Balance as of December 31, 2009
21
22,390
207
5,386
(1,002
)
27,002
Stock based compensation expense
-
761
-
-
-
761
Excess tax benefit from share
-
based
payment arrangements
209
209
Exercise of share options
374
-
-
-
375
Dividends
-
-
-
(8,477
)
-
(8,477
)
Comprehensive income:
Net income
-
-
-
8,389
-
8,389
Changes in unrealized holding
gains on marketable securities,
net
-
-
(107
)
-
-
(107
)
Balance as of December 31, 2010
$
22
$
23,734
$
100
$
5,298
$
(1,002
)
$
28,152
F
-
6