Vistaprint 2011 Annual Report Download - page 59

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VISTAPRINT N.V.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
(in thousands)
Number of
Shares
Issued Amount
Number
of
Shares Amount
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity
Ordinary Shares Treasury Shares
Balance at June 30, 2008 . . . . . . . . . . . . . . . . . . . . 48,779 $ 683 (4,500) $ — $ 190,632 $ 43,098 $ 8,092 $ 242,505
Issuance of ordinary shares due to share option
exercises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 807 11 12,056 12,067
Restricted share units vested, net of shares withheld for
taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 359 5 (85) (2,818) (1,363) (4,176)
Excess tax benefits from share-based compensation . . 9,603 9,603
Share-based compensation expense . . . . . . . . . . . . . 19,737 19,737
Repurchase of ordinary shares . . . . . . . . . . . . . . . . . (770) (11) (1,784) (27,063) (18,444) (45,518)
Comprehensive income:
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . 55,686 55,686
Foreign currency translation . . . . . . . . . . . . . . . . (4,382) (4,382)
Unrealized gain on marketable securities . . . . . . . 12 12
Total comprehensive income. . . . . . . . . . . . . . . . . . . 51,316
Balance at June 30, 2009 . . . . . . . . . . . . . . . . . . . . 49,175 $ 688 (6,369) $ (29,881) $ 212,221 $ 98,784 $ 3,722 $ 285,534
Issuance of ordinary shares due to share option
exercises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 633 9 151 721 14,247 14,977
Restricted share units vested, net of shares withheld for
taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 1 182 (477) (5,666) (6,142)
Excess tax benefits from share-based compensation . . 6,272 6,272
Share-based compensation expense . . . . . . . . . . . . . 22,079 22,079
Comprehensive income: . . . . . . . . . . . . . . . . . . . . .
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,741 67,741
Foreign currency translation . . . . . . . . . . . . . . . . (14,368) (14,368)
Unrealized gain on cash flow hedge, net of tax . . . 49 49
Unrealized loss on marketable securities . . . . . . . (28) (28)
Total comprehensive income. . . . . . . . . . . . . . . . . . . 53,394
Balance at June 30, 2010 . . . . . . . . . . . . . . . . . . . . 49,891 $ 698 (6,036) $ (29,637) $ 249,153 $ 166,525 $ (10,625) $ 376,114
See accompanying notes.
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