Lifetime Fitness 2011 Annual Report Download - page 51

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45
LIFE TIME FITNESS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Balance at December 31, 2008
Net income
Other comprehensive income (loss), net
of tax:
Interest rate swap contract
Total comprehensive income
Common stock issued upon exercise of
stock options
Grant of restricted stock, net of
forfeitures
Compensation related to stock options
and restricted stock grants
Tax benefit related to share-based
payment arrangements
Balance at December 31, 2009
Net income
Other comprehensive income (loss), net
of tax:
Interest rate swap contract
Foreign currency translation
adjustment
Total comprehensive income
Common stock issued upon exercise of
stock options
Grant of restricted stock, net of
forfeitures
Compensation related to stock options
and restricted stock grants
Tax benefit related to share-based
payment arrangements
Balance at December 31, 2010
Net income
Other comprehensive income (loss), net
of tax:
Interest rate swap contract
Foreign currency translation
adjustment
Total comprehensive income
Common stock issued upon exercise of
stock options
Grant of restricted stock, net of
forfeitures
Compensation related to stock options
and restricted stock grants
Tax benefit related to share-based
payment arrangements
Balance at December 31, 2011
Common Stock
Shares
(In thousands, except share data)
39,612,775
—
—
166,950
1,630,642
—
—
41,410,367
—
—
—
245,864
268,754
—
—
41,924,985
—
—
—
142,384
360,896
—
—
42,428,265
Amount
$ 793
—
—
3
33
—
—
829
—
—
—
5
5
—
—
839
—
—
—
3
7
—
—
$ 849
Additional
Paid-In
Capital
$ 385,095
—
—
2,467
(33)
8,467
(875)
395,121
—
—
—
5,137
(5)
13,154
1,515
414,922
—
—
—
3,159
(7)
20,358
3,381
$ 441,813
Accumulated
Other
Comprehensive
Income (Loss)
($4,698)
—
2,084
—
—
—
—
(2,614)
—
2,614
30
—
—
—
—
30
—
(1,788)
(835)
—
—
—
—
$ (2,593)
Retained
Earnings
$ 271,711
72,384
—
—
—
—
—
344,095
80,692
—
—
—
—
—
—
424,787
92,617
—
—
—
—
—
—
$ 517,404
Total
$ 652,901
72,384
2,084
74,468
2,470
—
8,467
(875)
737,431
80,692
2,614
30
83,336
5,142
—
13,154
1,515
840,578
92,617
(1,788)
(835)
89,994
3,162
—
20,358
3,381
$ 957,473
See notes to consolidated financial statements.