Sonic 2012 Annual Report Download - page 31

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Consolidated Statements of Stockholders’ Equity (Deficit)
Accumulated Other Total
Common Stock Paid-in Retained Comprehensive Treasury Noncontrolling Stockholders’
(In thousands) Shares Amount Capital Earnings Loss Stock Interests Equity (Deficit)
Balance at August 31, 2009 117,781 $ 1,178 $219,736 $ 649,398 $ (1,500) $ (873,080) $ 1,916 $ (2,352)
Comprehensive Income:
Net income –– –21,209 ––4,630 25,839
Net change in deferred hedging
losses, net of tax of $462 –– – –657 ––657
Total comprehensive income, net of
income taxes 26,496
Purchases of noncontrolling interests
in Company Drive-Ins ––(6,725) –– –(9,277) (16,002)
Changes to noncontrolling interests –– – – – –2,340 2,340
Stock-based compensation expense ––7,666 –– ––7,666
Exercise of stock options and issuance
of restricted stock 532 5 3,374 (119) – 221 – 3,481
Other ––402 –– (78) 613 937
Balance at August 31, 2010 118,313 $ 1,183 $ 224,453 $ 670,488 $ (843) $ (872,937) $ 222 $ 22,566
Comprehensive Income:
Net income –– –19,225 –––19,225
Net change in deferred hedging
losses, net of tax of $522 –– – –843 ––843
Total comprehensive income,
net of income taxes 20,068
Changes to noncontrolling interests ––1,866 –– –(222) 1,644
Stock-based compensation expense ––5,644 –– ––5,644
Exercise of stock options and
issuance of restricted stock (4) – (2,267) (2,197) – 6,594 – 2,130
Other ––(297) (85) – 26 – (356)
Balance at August 31, 2011 118,309 $ 1,183 $ 229,399 $ 687,431 $–$(866,317) $–$51,696
Net income and comprehensive income –– –36,085 –––36,085
Stock-based compensation expense ––4,295 –– ––4,295
Purchase of treasury stock –– – – –(31,102) – (31,102)
Exercise of stock options and issuance
of restricted stock ––(820) (529) – 1,629 – 280
Other ––(2,331) (373) – 697 – (2,007)
Balance at August 31, 2012 118,309 $ 1,183 $ 230,543 $ 722,614 $–$(895,093) $–$59,247
The accompanying notes are an integral part of the consolidated financial statements.
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