Stamps.com 2002 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2002 Stamps.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

Table of Contents
STAMPS.COM INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME (LOSS)
(In thousands)
Common Stock Additional Paid-in
Capital Notes
Receivable
fromStock Sales
Deferred
Compensation Treasury Stock
at Cost Accumulated Deficit Other
Comprehensive Loss Total
Shares Amount
Balance at January 1,
2000 40,984 $ 42 $ 472,714 $ (101 )
$ (9,435 )
$ (939 )
$ (60,683 )
$ — $ 401,598
Comprehensive income
(loss):
Net loss — — — — — — (212,949 )
— (212,949 )
Exercise of stock
options 2,255 2 1,543 — — — — — 1,545
Shares purchased
under the ESPP 138 — 920 — — — — — 920
Retirement of treasury
stock 705 (1 )
(938 )
— — 939 — — —
Issuance of common
stock in conjunction
with iShip acquisition,
net of expense
5,572 6 193,602 — — — — — 193,608
Deferred compensation
arising from purchase
of iShip
— — 51,789 — (24,662 )
— — — 27,127
Amortization of
deferred compensation — — — — 10,832 — — — 10,832
Deferred compensation
related to terminated
employees
— — (11,623 )
— 11,623 — — — —
Balance at December
31, 2000 49,654 49 708,007 (101 )
(11,642 )
— (273,632 )
— 422,681
Comprehensive income
(loss):
Net loss — — — — — — (209,573 )
— (209,573 )
Unrealized gain/(loss)
on investments — — — — — — — 374 374
Comprehensive income
(loss) — — (209,199 )
Exercise of stock
options 945 1 847 — — — — — 848
Shares purchased
under the ESPP 132 — 408 — — — — — 408
Deferred compensation
arising from the
issuance of warrants
— — 130 — (130 )
— — — —
Amortization of
deferred compensation — — — — 2,521 — — — 2,521
Deferred compensation
related to terminated
employees
— — (1,091 )
— 1,091 — — — —
Deferred compensation
related to the sale of
iShip
— — (7,846 )
— 7,846 — — — —
Balance at December
31, 2001 50,731 50 700,455 (101 )
(314 )
— 483,205 374 217,259
Comprehensive income
(loss):
Net loss — — — — — — (6,847 )
— (6,847 )
Unrealized gain/(loss)
on investments — — — — — — — 148 148
Comprehensive income
(loss) (6,699 )
Exercise of stock
options 779 1 1,698 — — — — — 1,699
Shares purchased
under the ESPP 34 — 74 — — — — — 74
Amortization of
deferred compensation — — 219 — 72 — — — 291
2003. EDGAR Online, Inc.