SanDisk 2011 Annual Report Download - page 131
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This is a TAB type table. Insert
conts here. Annual Report
SANDISK CORPORATION
CONSOLIDATED STATEMENTS OF EQUITY
Common
Stock Shares
Common
Stock
Par
Value
Capital in
Excess of
Par Value
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Income
Total
Stockholders’
Equity
Non-
controlling
Interests
Total
Equity
(In thousands)
Balance at December 28,
2008 ................ 226,128 $ 226 $4,154,166 $ (902,799) $ 188,977 $ 3,440,570 $ 151 $3,440,721
Net income ............. — — — 415,310 — 415,310 — 415,310
Other comprehensive
income, net ........... — — — — (60,264) (60,264) — (60,264)
Loss on non-controlling
interest .............. — — — — — — (2,040) (2,040)
Issuance of shares pursuant
to equity plans ........ 1,370 2 9,712 — — 9,714 — 9,714
Issuance of stock pursuant
to employee stock
purchase plan ......... 1,159 1 11,163 — — 11,164 — 11,164
Share-based compensation
expense .............. — — 93,804 — — 93,804 — 93,804
Balance at January 3,
2010 ................ 228,657 229 4,268,845 (487,489) 128,713 3,910,298 (1,889) 3,908,409
Net income ............. — — — 1,300,142 — 1,300,142 — 1,300,142
Other comprehensive
income, net ........... — — — — 131,515 131,515 — 131,515
Loss on non-controlling
interest .............. — — — — — — (1,340) (1,340)
Issuance of shares pursuant
to equity plans ........ 6,879 7 134,191 — — 134,198 — 134,198
Issuance of stock pursuant
to employee stock
purchase plan ......... 966 1 18,644 — — 18,645 — 18,645
Share-based compensation
expense .............. — — 75,682 — — 75,682 — 75,682
Income tax benefit from
stock options
exercised ............. — — 26,810 — — 26,810 — 26,810
Equity value of debt
issuance ............. — — 288,460 — — 288,460 — 288,460
Purchased convertible bond
hedge, net ............ — — (291,226) — — (291,226) — (291,226)
Sold warrants ........... — — 188,100 — — 188,100 — 188,100
Balance at January 2,
2011 ................ 236,502 237 4,709,506 812,653 260,228 5,782,624 (3,229) 5,779,395
Net income ............. — — — 986,990 — 986,990 — 986,990
Other comprehensive
income, net ........... — — — — 72,473 72,473 — 72,473
Loss on non-controlling
interest .............. — — — — — — (290) (290)
Issuance of shares pursuant
to equity plans ........ 5,519 6 122,391 — — 122,397 — 122,397
Issuance of stock pursuant
to employee stock
purchase plan ......... 613 — 20,743 — — 20,743 — 20,743
Share-based compensation
expense .............. — — 64,496 — — 64,496 — 64,496
Income tax benefit from
stock options
exercised ............. — — 20,517 — — 20,517 — 20,517
Convertible debt
redemption ........... — — (1,844) — — (1,844) — (1,844)
Share repurchases ........ (82) — (1,244) (2,794) — (4,038) — (4,038)
Balance at January 1,
2012 ................ 242,552 $ 243 $4,934,565 $ 1,796,849 $ 332,701 $ 7,064,358 $ (3,519) $7,060,839
The accompanying notes are an integral part of these consolidated financial statements.
F-7