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j2 GLOBAL, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Years Ended December 31, 2011, 2010 and 2009
(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, 2009
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 (net)
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 common stock
under employee stock
purchase plan
5,808
120
120
Excess tax benefit on share
based compensation
3,063
3,063
Repurchase of restricted
stock
(21,966
)
(
469
)
(
469
)
Vested restricted stock
95,266
1
(1
)
Share
-
based compensation
11,018
11,018
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 (net)
(
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
)
Repurchase of restricted
stock
(53,587
)
(1
)
(1,099
)
(
1,100
)
Share based compensation
10,937
10,937
Excess tax benefit on share
based compensation
62
62
Balance, December 31,
2010
53,700,629
$
537
$
164,769
(8,680,568
)
$
(112,671
)
$
381,145
$
(2,035
)
$
431,745
Comprehensive income:
Net earnings
114,766
114,766
Foreign currency
translation (net)
(
840
)
(840
)
Unrealized loss on
available-for-sale
investments (net of tax of
$142)
(
602
)
(602
)
Comprehensive income
114,766
(1,442
)
113,324
Dividends
(
19,199
)
(
19,199
)
Exercise of stock options
1,820,678
18
14,404
14,422
Issuance of shares under
Employee Stock Purchase