Netgear 2012 Annual Report Download - page 60

Table of Contents
NETGEAR, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(In thousands)
The accompanying notes are an integral part of these consolidated financial statements.
56
Common Stock
Shares Amount
Additional Paid-In
Capital
Cumulative Other
Comprehensive
Income (Loss)
Retained Earnings Total
Balance at December 31, 2009
34,733
$
35
$
280,256
$
24
$
133,838
$
414,153
Change in unrealized gains and losses on
available-for-sale securities, net of tax —
— —
4
—
4
Change in unrealized gains and losses on
derivatives, net of tax —
— —
253
—
253
Net income — — — —
50,909
50,909
Stock-based compensation expense — —
12,177
— —
12,177
Purchase and retirement of common stock
(32
) — — — (
736
)
(736
)
Issuance of common stock under stock-
based compensation plans
1,472
1
20,116
— —
20,117
Tax benefit from exercises and
cancellations of stock options —
—
3,559
— —
3,559
Balance at December 31, 2010
36,173
36
316,108
281
184,011
500,436
Change in unrealized gains and losses on
available-for-sale securities, net of tax —
— —
9
—
9
Change in unrealized gains and losses on
derivatives, net of tax —
— — (
267
) — (
267
)
Net income — — — —
91,368
91,368
Stock-based compensation expense — —
13,727
— —
13,727
Purchase and retirement of common stock
(25
) — — — (
926
)
(926
)
Issuance of common stock under stock-
based compensation plans
1,499
2
30,889
— —
30,891
Tax benefit from exercises and
cancellations of stock options —
—
3,519
— —
3,519
Balance at December 31, 2011
37,647
38
364,243
23
274,453
638,757
Change in unrealized gains and losses on
available-for-sale securities, net of tax —
— —
11
—
11
Change in unrealized gains and losses on
derivatives, net of tax —
— — (
30
) — (
30
)
Net income — — — —
86,539
86,539
Stock-based compensation expense — —
14,366
— —
14,366
Purchase and retirement of common stock
(22
) — — — (
850
)
(850
)
Issuance of common stock under stock-
based compensation plans
717
—
14,697
— —
14,697
Tax benefit from exercises and
cancellations of stock options —
—
1,121
— —
1,121
Balance at December 31, 2012
38,342
$
38
$
394,427
$
4
$
360,142
$
754,611