Sprouts Farmers Market 2015 Annual Report Download - page 69

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61
SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(IN THOUSANDS, EXCEPT SHARE AMOUNTS)
Shares
Common
Stock
Additional
Paid-in
Capital
(Accumulated
Deficit) /
Retained
Earnings
Total
Stockholders’
Equity
Balances at December 30, 2012............... 125,956,721 126 395,480 (8,851)386,755
Net income .................................................. — — — 51,326 51,326
Issuance of shares under option plans ....... 1,194,999 13,820 —3,821
Issuance of shares in IPO, net of issuance
costs ......................................................... 20,477,215 20 344,304 —344,324
Repurchase of shares ................................. (12,375) — (113) — (113)
Dividend paid to stockholders ..................... — — (274,051)(7,978)(282,029)
A
ntidilution payments made to option
holders...................................................... — — (13,892) — (13,892)
Excess tax benefit for exercise of options....... — — 13,424 —13,424
Tax benefit of antidilution payments made
to optionholders........................................ — — 4,402 —4,402
Tax effect of forfeiture of vested options in
equity........................................................ — — (27) — (27)
Equity-based compensation........................ — — 5,780 —5,780
Balances at December 29, 2013............... 147,616,560 147 479,127 34,497 513,771
Net income .................................................. — — — 107,692 107,692
Issuance of shares under option plans ....... 4,216,774 511,307 —11,312
Excess tax benefit for exercise of options .... — — 47,261 —47,261
Tax effect of forfeiture of vested options in
equity........................................................ — — (2) — (2)
Equity-based compensation........................ — — 5,355 —5,355
Balances at December 28, 2014............... 151,833,334 $152 $543,048 $142,189 $685,389
Net income .................................................. — — — 128,991 128,991
Issuance of shares under option plans ....... 1,812,829 26,318 —6,320
Repurchase and retirement of common
stock ......................................................... (1,068,279)(1)(25,734)(25,735)
Excess tax benefit for exercise of options .... — — 20,009 —20,009
Equity-based compensation........................ — — 8,018 —8,018
Balances at January 3, 2016 .................... 152,577,884 $153 $577,393 $245,446 $822,992
The accompanying notes are an integral part of these consolidated financial statements.