Tucows 2014 Annual Report Download - page 154

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Tucows Inc.
Consolidated Statements of Stockholders’ Equity
(Dollar amounts in U.S. dollars)
Accumulated
Additional Other Total
Common stock paid in Comprehensive stockholders'
Number Amount capital Deficit Income (loss) equity
Balances, December 31, 2011 13,375,196 $11,358,959 $40,994,013 $(21,933,985) $ - $ 30,418,987
Exercise of stock options 191,585 713,746 (295,638) - - 418,108
Repurchase and retirement of
shares (note 10) (2,485,360) (1,988,288) (7,127,545) - - (9,115,833)
Cancellation of restricted
stock (81) - - - - -
Stock-based compensation
(note 11) - - 360,699 - - 360,699
Net income - - - 4,424,142 - 4,424,142
Other comprehensive income - - - - 44,104 44,104
Balances, December 31, 2012 11,081,340 10,084,417 33,931,529 (17,509,843) 44,104 26,550,207
Exercise of stock options 890,034 2,626,352 (1,134,178) - - 1,492,174
Repurchase and retirement of
shares (note 10) (1,064,299) (851,502) (5,686,114) - - (6,537,616)
Cancellation of restricted
stock (12) - - - - -
Income tax effect related to
stock options exercised - - 1,090,171 - - 1,090,171
Stock-based compensation
(note 11) - - 430,903 - - 430,903
Net income - - - 4,180,464 - 4,180,464
Other comprehensive income - - - - (289,085) (289,085)
Balances, December 31, 2013 10,907,063 11,859,267 28,632,311 (13,329,379) (244,981) 26,917,218
Exercise of stock options 502,061 2,365,825 (886,900) - - 1,478,925
Repurchase and retirement of
shares (note 10) (79,392) (95,033) (1,086,825) - - (1,181,858)
Income tax effect related to
stock options exercised - - 1,888,734 - - 1,888,734
Stock-based compensation
(note 11) - - 542,738 - - 542,738
Net income - - - 6,374,096 - 6,374,096
Other comprehensive loss - - - - (377,460) (377,460)
Balances, December 31, 2014 11,329,732 $14,130,059 $29,090,058 $ (6,955,283) $ (622,441) $ 35,642,393
See accompanying notes to consolidated financial statements
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