Sonic 2009 Annual Report Download - page 29

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Consolidated Statements of Stockholders’ Deficit
Accumulated
Other
Common Stock Paid-in Retained Comprehensive Treasury Stock
(In thousands)
Shares Amount Capital Earnings Income Shares Amount
Balance at August 31, 2006 114,988 $1,150 $ 173,802 $ 476,694 $ (484) 29,506 $ (259,469)
Exercise of common stock options 1,235 12 8,524 –– – –
Stock-based compensation expense,
including capitalized
compensation of $232 ––7,290 –– – –
Tax benefit related to exercise of
employee stock options ––4,066 –– – –
Purchase of treasury stock –– – ––25,572 (580,215)
Net change in deferred hedging losses,
net of tax of $1,464 –– – –(2,364) ––
Net income –– –64,192 –– –
Balance at August 31, 2007 116,223 1,162 193,682 540,886 (2,848) 55,078 (839,684)
Exercise of common stock options 822 8 6,285 –– – –
Stock-based compensation expense ––7,428 –– – –
Tax benefit related to exercise of
employee stock options ––1,921 –– – –
Purchase of treasury stock –– – ––1,522 (32,683)
Net change in deferred hedging losses,
net of tax of $407 –– – –657 ––
Retained earnings adjustment
for adoption of FIN 48 –– –(1,249) –– –
Net income –– –60,319 –– –
Balance at August 31, 2008 117,045 1,170 209,316 599,956 (2,191) 56,600 (872,367)
Exercise of common stock options 736 8 4,503 –– – –
Stock-based compensation expense ––6,910 –– – –
Tax decrement related to exercise of
employee stock options ––(993) –– – –
Purchase of treasury stock –– – ––84 (713)
Net change in deferred hedging losses,
net of tax of $428 –– – –691 ––
Net income –– –49,442 –– –
Balance at August 31, 2009 117,781 $1,178 $ 219,736 $ 649,398 $(1,500) 56,684 $ (873,080)
See accompanying notes.
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