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Table of Contents
VMware, Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDER’S EQUITY (DEFICIT)
(in thousands)
The accompanying notes are an integral part of the consolidated financial statements.
61
Class A
Common Stock
Class B
Convertible
Common Stock
Additional
Paid-in
Capital
Deferred
Compensation
(Accumulated
Deficit)
Stockholder
’
s
Equity
(Deficit)
Shares
Par Value
Shares
Par Value
Balance, January 1, 2005
32,500
$
325
300,000
$
3,000
$
593,833
$
(36,876
)
$
—
$
560,282
Grants of EMC restricted stock, net of cancellations and
withholdings
—
—
—
—
103,885
(103,885
)
—
—
Amortization of deferred compensation
—
—
—
—
—
30,616
—
30,616
Charge from tax sharing arrangement (see Note A)
—
—
—
—
(
13,844
)
—
—
(
13,844
)
Dividends declared
—
—
—
—
(
123,225
)
—
(
66,775
)
(190,000
)
Net income
—
—
—
—
—
—
66,775
66,775
Balance, December 31, 2005
32,500
325
300,000
3,000
560,649
(110,145
)
—
453,829
Cumulative effect of change in accounting principle
—
—
—
—
1,060
—
—
1,060
EMC stock options issued in acquisitions
—
—
—
—
689
—
—
689
Charge from tax sharing arrangement (see Note A)
—
—
—
—
(
32,286
)
—
—
(
32,286
)
Stock
-
based compensation
—
—
—
—
60,006
—
—
60,006
Reclassification of deferred compensation
—
—
—
—
(
110,145
)
110,145
—
—
Dividends declared
—
—
—
—
(
479,973
)
—
(
320,027
)
(800,000
)
Net income
—
—
—
—
—
—
85,890
85,890
Balance, December 31, 2006
32,500
325
300,000
3,000
—
—
(
234,137
)
(230,812
)
Issuance of Class A common stock in IPO, net of
underwriter fees of $60,530 and other issuance costs
of $4,787
37,950
380
—
—
1,034,853
—
—
1,035,233
Issuance of Class A common stock to Intel Capital, net
of issuance costs of $200
9,500
95
—
—
218,205
—
—
218,300
Charge from tax sharing arrangement (see Note A)
—
—
—
—
(
2,531
)
—
—
(
2,531
)
Stock
-
based compensation
—
—
—
—
102,290
—
—
102,290
Issuance of restricted stock, net of cancellations
2,974
29
—
—
(
29
)
—
—
—
Net income
—
—
—
—
—
—
218,137
218,137
Balance, December 31, 2007
82,924
$
829
300,000
$
3,000
$
1,352,788
$
—
$
(
16,000
)
$
1,340,617