Nutrisystem 2010 Annual Report Download - page 47

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NUTRISYSTEM, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(In thousands, except share amounts)
Common
Shares
Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
(Loss) Income Total
BALANCE, January 1, 2008 ............ 33,512,671 $ 33 $ — $141,454 $ 15 $141,502
Net income ...................... — — — 46,253 — 46,253
Foreign currency translation
adjustment .................... — — — — 10 10
Total comprehensive income ........ 46,263
Share-based expense, net ........... 119,707 — 7,793 — — 7,793
Exercise of stock options ........... 659,518 1 1,021 — — 1,022
Equity compensation awards, net ..... — — 2,581 — — 2,581
Cash dividends ................... — — — (16,251) — (16,251)
Purchase and retirement of common
shares ........................ (4,907,323) (5) (11,395) (55,685) — (67,085)
BALANCE, December 31, 2008 ......... 29,384,573 29 — 115,771 25 115,825
Net income ...................... — — — 28,790 — 28,790
Foreign currency translation
adjustment .................... — — — — (96) (96)
Unrealized loss on marketable
securities, net of tax ............. — — — — (13) (13)
Total comprehensive income ........ 28,681
Share-based expense, net ........... 255,082 — 7,704 — — 7,704
Exercise of stock options ........... 119,806 — 563 — — 563
Equity compensation awards, net ..... — — (450) — — (450)
Cash dividends ................... — — — (21,421) — (21,421)
Purchase and retirement of common
shares ........................ (132,200) — (1,302) (637) — (1,939)
BALANCE, December 31, 2009 ......... 29,627,261 29 6,515 122,503 (84) 128,963
Net income ...................... — — — 33,637 — 33,637
Foreign currency translation
adjustment .................... — — — — (3) (3)
Unrealized loss on marketable
securities, net of tax ............. — — — — (13) (13)
Unrealized loss on interest rate swaps,
netoftax...................... — — — — (28) (28)
Total comprehensive income ........ 33,593
Share-based expense, net ........... 377,235 — 7,537 — — 7,537
Exercise of stock options ........... 54,927 — 124 — — 124
Equity compensation awards, net ..... — — 418 — — 418
Cash dividends ................... — — — (20,662) — (20,662)
Purchase and retirement of common
shares ........................ (3,270,429) (3) (11,506) (63,488) — (74,997)
BALANCE, December 31, 2010 ......... 26,788,994 $ 26 $ 3,088 $ 71,990 $(128) $ 74,976
The accompanying notes are an integral part of these consolidated financial statements.
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