Memorex 2010 Annual Report Download - page 43

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IMATION CORP.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY AND COMPREHENSIVE INCOME (LOSS)
Common
Stock
Additional
Paid-in
Capital
Retained
(Deficit)
Earnings
Accumulated
Other
Comprehensive
Loss
Treasury
Stock
Total
Shareholders’
Equity
(In millions, except per share amounts)
Balance as of December 31, 2007 ................... $0.4 $1,109.0 $ 101.5 $(44.1) $(113.0) $1,053.8
Purchase of treasury stock. . ..................... (26.4) (26.4)
Exercise of stock options . . . ..................... (0.5) 1.1 0.6
Restricted stock grants and other .................. (1.2) 3.8 2.6
401(k) matching contribution . ..................... (0.7) 3.3 2.6
Stock-based compensation related to options........... 6.4 6.4
Tax impact of stock-based compensation . ............ 0.1 0.1
Dividend payments ............................ (20.9) (20.9)
Comprehensive loss:
Net loss . . . .............................. (33.3) (33.3)
Net change in cumulative translation adjustment ....... (14.9) (14.9)
Pension adjustments (net of income tax benefit of
$14.8) . . . .............................. (24.2) (24.2)
Cash flow hedging (net of income tax benefit of $0.6) . . . (1.8) (1.8)
Comprehensive loss ......................... (74.2)
Balance as of December 31, 2008 ................... $0.4 $1,113.1 $ 47.3 $(85.0) $(131.2) $ 944.6
Restricted stock grants and other .................. (3.8) 6.3 2.5
401(k) matching contribution . ..................... (1.9) 3.2 1.3
Stock-based compensation related to options........... 4.9 4.9
Comprehensive loss:
Net loss . . . .............................. (42.2) (42.2)
Net change in cumulative translation adjustment ....... 4.5 4.5
Pension adjustments (net of income tax provision of
$5.1).................................. 9.8 9.8
Cash flow hedging (net of income tax provision of $0.9). . 1.8 1.8
Comprehensive loss ......................... (26.1)
Balance as of December 31, 2009 ................... $0.4 $1,112.3 $ 5.1 $(68.9) $(121.7) $ 927.2
Restricted stock grants and other .................. (7.3) 9.9 2.6
401(k) matching contribution . ..................... (1.9) 3.6 1.7
Stock-based compensation related to options........... 3.8 3.8
Share-based payment modification.................. 0.8 0.8
Tax impact of stock-based compensation . ............ (4.1) (4.1)
Comprehensive loss:
Net loss . . . .............................. (158.5) (158.5)
Net change in cumulative translation adjustment ....... 3.0 3.0
Pension adjustments (net of income tax provision of
$3.6).................................. 4.6 4.6
Cash flow hedging (net of income tax benefit of $0.2) . . . 0.6 0.6
Comprehensive loss ......................... (150.3)
Balance as of December 31, 2010 ................... $0.4 $1,103.6 $(153.4) $(60.7) $(108.2) $ 781.7
The accompanying Notes to Consolidated Financial Satements are an integral part of these statements.
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