Rayovac 2009 Annual Report Download - page 137

Table of Contents
Index to Financial Statements SPECTRUM BRANDS, INC. AND SUBSIDIARIES
Consolidated Statements of Shareholders’ Equity (Deficit) and Comprehensive Income (Loss)
(In thousands)
Common Stock Additional
Paid−In
Capital Accumulated
Deficit
Accumulated
Other
Comprehensive
Income,
net of tax Treasury Stock
Total
Shareholders’
Equity
(Deficit)
Shares Amount
Balances at September 30, 2006, Predecessor
Company 51,491 $ 674 $651,644 $ (166,657) $ 39,639 $(73,083) $ 452,217
Net loss — — — (596,713) — — (596,713)
Adjustment of additional minimum pension
liability — — — — 5,954 — 5,954
Valuation allowance adjustment — — — — (4,938) — (4,938)
Translation adjustment — — — — 44,489 — 44,489
Other unrealized gains and losses — — — — (17,580) — (17,580)
Comprehensive loss (568,788)
Adoption of FAS 158, net of tax — — — — (1,900) — (1,900)
Issuance of restricted stock 1,689 15 (15) — — — —
Forfeiture of restricted stock (199) — — — — — —
Exercise of stock options 149 1 690 — — — 691
Stock option expense — — 115 — — — 115
Adjustment for tax benefit realized — — (4,374) — — — (4,374)
Treasury shares surrendered (365) — — — — (3,003) (3,003)
Amortization of unearned compensation — — 21,214 — — — 21,214
Balances at September 30, 2007, Predecessor
Company 52,765 $ 690 $669,274 $ (763,370) $ 65,664 $(76,086) $ (103,828)
Net loss — — — (931,545) — — (931,545)
Adjustment of additional minimum pension
liability — — — — 2,459 — 2,459
Valuation allowance adjustment — — — — (4,060) — (4,060)
Translation adjustment — — — — 5,236 — 5,236
Other unrealized gains and losses — — — — 146 — 146
Comprehensive loss (927,764)
Issuance of restricted stock 408 4 (4) — — — —
Forfeiture of restricted stock (268) (2) 2 — — — —
Treasury shares surrendered (130) — — — — (744) (744)
Amortization of unearned compensation — — 5,098 — — — 5,098
See accompanying notes to consolidated financial statements.
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