Papa Johns 2014 Annual Report Download - page 70

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57
Papa John’s International, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
Common Accumulated
Stock Additional Other Noncontrolling Total
Shares Common Paid-In Comprehensive Retained Treasury Interests in Stockholders’
(In thousands) Outstanding Stock Capital Income (Loss) Earnings Stock Subsidiaries Equity
Balance at December 25, 2011 48,038 734$ 262,089$ 1,849$ 294,801$ (353,826)$ -$ 205,647$
Net income attributable to the Company (1) - - - - 61,660 - - 61,660
Other comprehensive loss - - - (25) - - - (25)
Exercise of stock options 864 8 12,256 - - - - 12,264
Tax effect of equity awards - - 933 - - - - 933
Acquisition of Company common stock (4,552) - - - - (106,095) - (106,095)
Stock-based compensation expense - - 6,905 - - - - 6,905
Issuance of restricted stock 132 - (1,582) - - 1,582 - -
Other - - (67) - - 292 - 225
Balance at December 30, 2012 44,482 742 280,534 1,824 356,461 (458,047) - 181,514
Net income attributable to the Company (1) - - - - 69,537 - (24) 69,513
Other comprehensive income - - - 639 - - - 639
Cash dividends paid - - 41 - (10,751) - - (10,710)
Exercise of stock options 570 6 6,859 - - - - 6,865
Tax effect of equity awards - - 1,172 - - - - 1,172
Acquisition of Company common stock (3,536) - - - - (118,569) - (118,569)
Retirement of Company common stock - (320) (156,380) - (373,440) 530,140 - -
Stock-based compensation expense - - 7,409 - - - - 7,409
Issuance of restricted stock 138 - (2,187) - - 2,187 - -
Change in redemption value of
noncontrolling interests - - - - (510) - - (510)
Reclassification from temporary equity to
permanent equity - - - - - - 434 434
Contributions from noncontrolling interests - - - - - - 100 100
Other 13 - 104 - - 223 - 327
Balance at December 29, 2013 41,667 428 137,552 2,463 41,297 (44,066) 510 138,184
Net income attributable to the Company (1) - - - - 73,315 - 695 74,010
Other comprehensive loss - - - (1,792) - - - (1,792)
Cash dividends paid - - 87 - (21,692) - - (21,605)
Exercise of stock options 535 5 5,832 - - - - 5,837
Tax effect of equity awards - - 1,047 - - - - 1,047
Acquisition of Company common stock (2,562) - - - - (117,400) - (117,400)
Stock-based compensation expense - - 8,712 - - - - 8,712
Issuance of restricted stock 133 - (5,443) - - 5,443 - -
Change in redemption value of
noncontrolling interests - - - - (44) - - (44)
Reclassification from temporary equity to
permanent equity - - - - - - 11,391 11,391
Contributions from noncontrolling interests - - - - - - 1,086 1,086
Distributions to noncontrolling interests - - - - - - (1,200) (1,200)
Other 9 - 125 - - 364 - 489
Balance at December 28, 2014 39,782 433$ 147,912$ 671$ 92,876$ (155,659)$ 12,482$ 98,715$
Papa John's International, Inc.
(1) Net income to the Company at December 28, 2014, December 29, 2013 and December 30, 2012 excludes $4,382, $3,442 and
$4,342, respectively, allocable to the noncontrolling interests for our joint venture arrangements.
At December 30, 2012, the accumulated other comprehensive income of $1,824 was comprised of unrealized foreign currency
translation gains of $1,889, offset by a net unrealized loss on the interest rate swap agreement of $65.
At December 29, 2013, the accumulated other comprehensive income of $2,463 was comprised of unrealized foreign currency
translation gains of $2,561, offset by a net unrealized loss on the interest rate swap agreement of $98.
At December 28, 2014, the accumulated other comprehensive income of $671 was comprised of unrealized foreign currency translation
gains of $933, offset by a net unrealized loss on the interest rate swap agreements of $262.
See accompanying notes.