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STAMPS.COM INC. AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands)
The accompanying notes are an integral part of these consolidated financial statements.
Table of Contents
Common Stock
Shares
Amount
Additional
Paid-in
Capital
Treasury
Stock at
Cost
Accumulated
Deficit
Accumulated
Other
Comprehensive
(Loss) Income
Total
Balance at December 31, 2009
15,681
$
47
$
630,322
$
(104,344
)
$
(450,214
)
$
(206
)
$
75,605
Net income
—
—
—
—
5,532
—
5,532
Unrealized gain on investments
—
—
—
—
—
629
629
Stock-based compensation
expense
—
—
2,840
—
—
—
2,840
Return of capital
—
—
(
27,023
)
—
—
—
(
27,023
)
Dividend
—
—
—
—
(
1,921
)
—
(
1,921
)
Exercise of stock options
280
—
2,024
—
—
—
2,024
Shares issued under the ESPP
48
—
359
—
—
—
359
Stock repurchase
(1,519
)
—
—
(
13,807
)
—
—
(
13,807
)
Balance at December 31, 2010
14,490
$
47
$
608,522
$
(118,151
)
$
(446,603
)
$
423
$
44,238
Net income
—
—
—
—
26,265
—
26,265
Unrealized loss on investments
—
—
—
—
—
(
138
)
(138
)
Stock-based compensation
expense
—
—
3,419
—
—
—
3,419
Exercise of stock options
2,043
2
25,036
—
—
—
25,038
Shares issued under the ESPP
56
—
506
—
—
—
506
Stock repurchase
(426
)
—
—
(
5,321
)
—
—
(
5,321
)
Balance at December 31, 2011
16,163
$
49
$
637,483
$
(123,472
)
$
(420,338
)
$
285
$
94,007
Net income
—
—
—
—
38,557
—
38,557
Unrealized loss on investments
—
—
—
—
—
(
34
)
(34
)
Stock-based compensation
expense
—
—
3,991
—
—
—
3,991
Exercise of stock options
560
1
7,305
—
—
—
7,306
Shares issued under the ESPP
56
—
915
—
—
—
915
Stock repurchase
(1,460
)
—
—
(
31,788
)
—
—
(
31,788
)
Balance at December 31, 2012
15,319
$
50
$
649,694
$
(155,260
)
$
(381,781
)
$
251
$
112,954
F
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