Vistaprint 2006 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2006 Vistaprint 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 102

  • 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

Table of Contents VISTAPRINT LIMITED
CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED SHARES AND
SHAREHOLDERS’ EQUITY (DEFICIT) CONTINUED
(in thousands)
Series A Redeemable
Convertible Preferred
Shares
Series B Redeemable
Convertible Preferred
Shares
Common
Shares
Additional
Paid−in
capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Income (loss)
Total
Shareholders’
Equity
Number
of shares Amount
Number
of shares Amount
Number
of shares Amount
Balance at June 30,
2005 9,846 $ 13,556 12,874 $ 57,880 11,375 $ 11 $ 2,679 $ (41,017) $ 258 $ (38,069)
Issuance of common
shares due to
share option
exercises 1,905 2 6,642 6,644
Accretion of
preferred shares 32 1,263 (1,295) (1,295)
Conversion of
preferred shares
into common
shares (9,846) (13,588) (12,874) (59,143) 22,721 23 72,708 72,731
Initial Public Offering,
net of offering
costs 5,500 6 59,475 59,481
Share compensation
expense 4,850 4,850
Net income 19,235
Currency translation 459
Unrealized loss on
marketable
securities (52)
Total comprehensive
income 19,642
Balance at June 30,
2006 $ $ 41,501 $ 42 $ 146,354 $ (23,077) $ 665 $ 123,984
See accompanying notes.
58