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j2 GLOBAL COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Years Ended December 31, 2010, 2009 and 2008
(In thousands, except share amounts)
Common stock
Additional
paid-in
Treasury stock
Retained
Accumulated
other
comprehensive
Stockholders
Shares
Amount
capital
Shares
Amount
earnings
income/(loss)
equity
Balance, January 1, 2008
54,325,933
$
543
$
121,503
(5,660,324
)
$
(4,662
)
$
162,281
$
2,949
$
282,614
Comprehensive income:
Net earnings
72,562
72,562
Foreign currency translation
(
6,751
)
(6,751
)
Unrealized loss on
available-for-sale
investments
(
98
)
(98
)
Comprehensive income
72,562
(6,849
)
65,713
Exercise of stock options
226,760
2
1,827
1,829
Issuance of common stock
under employee stock
purchase plan
9,632
182
182
Excess tax benefit on share
based compensation
150
150
Repurchase of common
stock
(
5,000,000
)
(108,009
)
(
108,009
)
Repurchase of restricted
stock
(19,024
)
(
462
)
(
462
)
Retirement of treasury stock
(2,313,288
)
(23
)
1,979,756
(
23
)
Vested restricted stock
75,280
1
(1
)
Share-based compensation
7,986
7,986
Balance, December 31,
2008
52,305,293
523
131,185
(8,680,568
)
(112,671
)
234,843
(3,900
)
249,980
Comprehensive income:
Net earnings
66,827
66,827
Foreign currency translation
1,746
1,746
Unrealized gain on
available-for-sale
investments
1,179
1,179
Comprehensive income
66,827
2,925
69,752
Exercise of stock options
523,290
5
2,703
2,708
Issuance of shares under
Employee stock purchase
plan
5,808
120
120
Vested restricted stock
95,266
1
(1
)
Repurchase of restricted
stock
(21,966
)
(
469
)
(
469
)
Share based compensation
11,018
11,018
Excess tax benefit on share
based compensation
3,063
3,063
Balance, December 31,
2009
52,907,691
529
147,619
(8,680,568
)
(112,671
)
301,670
(975
)
336,172
Comprehensive income:
Net earnings
83,047
83,047
Foreign currency translation
(
659
)
(659
)
Unrealized loss on
available-for-sale
investments
(
401
)
(401
)
Comprehensive income
83,047
(1,060
)
81,987
Exercise of stock options
816,552
8
7,488
7,496
Issuance of shares under
Employee Stock Purchase
Plan
4,894
1
108
109
Vested restricted stock
190,683
2
(2
)
Retirement of common
shares
(165,604
)
(2
)
(344
)
(
3,572
)
(
3,918
)