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TABLE OF CONTENTS
STAMPS.COM INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(inthousands)
Common Stock
Additional
Paid-in
Capital
Treasury
Stock at
Cost
Accumulated
Deficit
Accumulated
Other
Comprehensive
(Loss) Income Total
Shares Amount
Balance at December 31, 2012 15,319 $ 50 $ 649,694 $ (155,260) $ (381,781) $ 251 $ 112,954
Netincome —  — —  —  44,153  — 44,153
Unrealizedlossoninvestments —  — —  —  —  (111) (111)
Stock-basedcompensationexpense —  — 4,492  —  —  — 4,492
Exerciseofstockoptions 991  1 13,424  —  —  — 13,425
SharesissuedundertheESPP 56  — 1,114  —  —  — 1,114
Stockrepurchase (179)  — — (4,262)  — — (4,262)
Balance at December 31, 2013 16,187 $ 51 $ 668,724 $ (159,522) $ (337,628) $ 140 $ 171,765
Netincome —  — —  —  36,882  — 36,882
Unrealizedlossoninvestments —  — —  —  —  (79) (79)
Stock-basedcompensationexpense —  — 4,799  —  —  — 4,799
Exerciseofstockoptions 203  — 3,314  —  —  — 3,314
SharesissuedundertheESPP 42  — 1,238  —  —  — 1,238
Stockrepurchase (435)  — — (12,888)  — — (12,888)
Balance at December 31, 2014 15,997 $ 51 $ 678,075 $ (172,410) $ (300,746) $ 61 $ 205,031
Netloss —  — —  —  (4,198) — (4,198)
Unrealizedlossoninvestments —  — —  —  —  (43) (43)
Stockoptionwindfalltaxbenefit —  — 618  —  —  — 618
Issuanceofsharesforcontingent
consideration 192  — 9,225  —  —  — 9,225
Stock-basedcompensationexpense —  — 15,895  —  —  — 15,895
Exerciseofstockoptions 459  1 10,886  —  —  — 10,887
SharesissuedundertheESPP 49  — 1,554  —  —  — 1,554
Balance at December 31, 2015 16,697 $ 52 $ 716,253 $ (172,410) $ (304,944) $ 18 $ 238,969
The accompanying notes are an integral part of these consolidated financial statements.
F-5