Travelzoo 2012 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2012 Travelzoo 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 141

  • 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
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141

TRAVELZOO INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands, except per share amounts)
See accompanying notes to consolidated financial statements.
47
Common Stock
Treasury
Stock
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Stockholders’
Equity
Shares
Amount
Balances, December 31,
2009
16,444
164
—
4,772
27,008
(1,173
)
30,771
Stock-based
compensation expense
—
—
—
750
—
—
750
Capital contribution from
majority shareholder
—
—
—
1,076
—
—
1,076
Comprehensive income:
—
Foreign currency
translation adjustment
—
—
—
—
135
135
Net income
—
—
—
—
13,157
—
13,157
Total comprehensive
income
—
—
—
—
—
—
13,292
Balances, December 31,
2010
16,444
164
—
6,598
40,165
(1,038
)
45,889
Stock-based
compensation expense
—
—
—
750
—
—
750
Proceeds from exercise
of stock options
18
—
—
40
—
—
40
Repurchase of common
stock
(500
)
—
(
15,123
)
—
—
—
(
15,123
)
Tax benefit from stock
option exercise
—
—
—
268
—
—
268
Comprehensive income:
Foreign currency
translation adjustment
—
—
—
—
—
(
384
)
(384
)
Net income
—
—
—
—
3,319
—
3,319
Total comprehensive
income
—
—
—
—
—
—
2,935
Balances, December 31,
2011
15,962
164
(15,123
)
7,656
43,484
(1,422
)
34,759
Stock-based
compensation expense
—
—
—
1,207
—
—
1,207
Retirement of treasury
stock
(161
)
(1
)
18,735
(18,734
)
—
Repurchase of common
stock
(439
)
—
(
11,510
)
—
—
—
(
11,510
)
Comprehensive income:
Foreign currency
translation adjustment
—
—
—
—
—
685
685
Net income
—
—
—
—
18,198
—
18,198
Total comprehensive
income
—
—
—
—
—
—
18,883
Balances, December 31,
2012
15,362
$
163
$
(7,898
)
$
8,863
$
42,948
$
(737
)
$
43,339