Stamps.com 2008 Annual Report Download - page 40

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TABLE OF CONTENTS
STAMPS.COM INC.
STATEMENTS OF STOCKHOLDERS’ EQUITY
(In Thousands)
The accompanying notes are an integral part of these financial statements.
Common Stock
Additional
Paid-in
Capital
Treasury
Stock
at Cost
Accumulated
Deficit
Accumulated
Other
Comprehensive
Loss
Total
Shares
Amount
Balance at December 31, 2005
23,063
46
607,869
(3,737
)
(493,683
)
(555
)
109,940
Comprehensive income:
Net income
—
—
—
—
16,462
—
16,462
Unrealized gain on investments
—
—
—
—
—
29
29
Comprehensive income
16,491
Stock-based compensation expense
—
—
2,638
—
—
—
2,638
Exercise of stock options
654
1
7,619
—
—
—
7,620
Shares issued under the ESPP
56
—
538
—
—
—
538
Stock repurchase
(1,588
)
—
—
(
26,692
)
—
—
(
26,692
)
Balance at December 31, 2006
22,185
47
618,664
(30,429
)
(477,221
)
(526
)
110,535
Comprehensive income:
Net income
—
—
—
—
10,666
—
10,666
Unrealized gain on investments
—
—
—
—
—
432
432
Comprehensive income
11,098
Stock-based compensation expense
—
—
2,707
—
—
—
2,707
Exercise of stock options
133
—
933
—
—
—
933
Shares issued under the ESPP
43
—
477
—
—
—
477
Stock repurchase
(2,548
)
—
—
(
33,308
)
—
—
(
33,308
)
Balance at December 31, 2007
19,813
$
47
$
622,781
$
(63,737
)
$
(466,555
)
$
(94
)
$
92,442
Comprehensive income:
Net income
—
—
—
—
10,164
—
10,164
Unrealized loss on investments
—
—
—
—
—
(
1,418
)
(1,418
)
Comprehensive income
8,746
Stock-based compensation expense
—
—
3,344
—
—
—
3,344
Exercise of stock options
45
—
336
—
—
—
336
Shares issued under the ESPP
39
—
349
—
—
—
349
Stock repurchase
(2,655
)
—
—
(
26,876
)
—
—
(
26,876
)
Balance at December 31, 2008
17,242
$
47
$
626,810
$
(90,613
)
$
(456,391
)
$
(1,512
)
$
78,341
F-4