Logitech 2014 Annual Report Download - page 244

The accompanying notes are an integral part of these consolidated financial statements.
LOGITECH INTERNATIONAL S.A.
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
(In thousands)
Registered shares Additional
paid-in
capital
Treasury shares Retained
earnings
Accumulated
other
comprehensive
loss TotalShares Amount Shares Amount
As Revised As Revised As Restated As Revised As Restated
March 31, 2011 (As Reported) . . . . . . . . . . . . . . . 191,606 $33,370 $ — 12,433 $(264,019) $1,488,929 $(78,518) $1,179,762
Adjustment to opening shareholders’ equity,
net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — — — (21,359) (529) (21,888)
March 31, 2011 (As Restated). . . . . . . . . . . . . . . . 191,606 $33,370 $ — 12,433 $(264,019) $1,467,570 $(79,047) $1,157,874
Total comprehensive income (loss) . . . . . . . . . . . — — — — — 104,237 (17,430) 86,807
Purchase of treasury shares . . . . . . . . . . . . . . . . . — — — 17,509 (156,036) — — (156,036)
Tax effects from share-based awards. . . . . . . . . . — — (4,991) — — — — (4,991)
Sale of shares upon exercise of options and
purchase rights . . . . . . . . . . . . . . . . . . . . . . . . — — (17,055) (2,442) 67,754 (33,080) — 17,619
Issuance of shares upon vesting of restricted
stock units . . . . . . . . . . . . . . . . . . . . . . . . . . . — — (9,237) (327) 8,472 — — (765)
Share-based compensation expense . . . . . . . . . . — — 31,283 — — — — 31,283
March 31, 2012 (As Restated) . . . . . . . . . . . . . . . 191,606 $33,370 $ — 27,173 $(343,829) $1,538,727 $(96,477) $1,131,791
Total comprehensive income (loss) . . . . . . . . . . . — — — — — (227,518) 1,348 (226,170)
Purchase of treasury shares . . . . . . . . . . . . . . . . . — — — 8,600 (87,812) — — (87,812)
Tax effects from share-based awards. . . . . . . . . . — — (1,178) — — — — (1,178)
Sale of shares upon exercise of options and
purchase rights . . . . . . . . . . . . . . . . . . . . . . . . — — (2,326) (2,604) 61,653 (43,331) — 15,996
Issuance of shares upon vesting of restricted
stock units . . . . . . . . . . . . . . . . . . . . . . . . . . . — — (21,341) (814) 19,284 — — (2,057)
Share-based compensation expense . . . . . . . . . . — — 24,845 — — — — 24,845
Cash dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — — — (133,462) — (133,462)
Cancellation of treasury shares . . . . . . . . . . . . . . (18,500) (3,222) — (18,500) 170,714 (167,492) — —
March 31, 2013 (As Revised) . . . . . . . . . . . . . . . . 173,106 $30,148 $ — 13,855 $(179,990) $ 966,924 $(95,129) $ 721,953
Total comprehensive income . . . . . . . . . . . . . . . . — — — — — 74,304 9,327 83,631
Purchase of treasury shares . . . . . . . . . . . . . . . . . — — — — — — — —
Tax effects from share-based awards. . . . . . . . . . — — (2,046) — — — — (2,046)
Sale of shares upon exercise of options and
purchase rights . . . . . . . . . . . . . . . . . . . . . . . . — — 339 (2,601) 45,388 (28,813) — 16,914
Issuance of shares upon vesting of restricted
stock units . . . . . . . . . . . . . . . . . . . . . . . . . . . — — (23,810) (1,048) 18,092 — — (5,718)
Share-based compensation expense . . . . . . . . . . — — 25,517 — — — — 25,517
Cash dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — — — (36,123) — (36,123)
March 31, 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . 173,106 $30,148 $ — 10,206 $ (116,510) $ 976,292 $(85,802) $ 804,128
228