eTrade 2005 Annual Report Download - page 111

Table of Contents
E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY—(Continued)
(in thousands)
SharesExchangeableinto
Common Stock
CommonStock
Additional
Paid-inCapital
DeferredStock
Compensation
Retained
Earnings
(Deficit)
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
Equity
Shares
Amount
Shares
Amount
Balance, December31,
2004
1,303
$
13
369,624
$
3,696
$
2,234,093
$
(18,419
)
$
150,018
$
(141,199
)
$
2,228,202
Net income
430,412
430,412
Cumulative effect of
accounting change
(2,777
)
(2,777
)
Other comprehensive loss
(34,513
)
(34,513
)
Issuance of common stock
on exercise of forward
contract
14,479
14,479
Exercise of stock options
and purchase plans,
including tax benefit
7,779
78
77,657
77,735
Employee stock purchase
plan
902
9
8,377
8,386
Repurchases of common
stock
(4,548
)
(45
)
(58,170
)
(58,215
)
Issuance of common stock
upon acquisition
1,632
17
26,634
26,651
Issuance of common stock
upon BrownCo Financing
39,722
397
691,385
691,782
Cancellation of restricted
stock
(516
)
(5
)
(2,952
)
2,957
—
Issuance of restricted
stock
830
8
9,892
(9,900
)
—
Amortization of deferred
stock compensation prior
to adoption of SFAS
No.123(R), net of
cancellations and
retirements
(46
)
(1
)
(709
)
1,974
1,264
Reclassification of
deferred stock
compensation to APIC
under SFAS No.123(R)
(26,165
)
26,165
—
Share-based compensation
expense under SFAS
No.123(R)
16,276
16,276
Conversion of
Exchangeable Shares to
common stock
(1,303
)
(13
)
1,303
13
—
Other
(100
)
(1
)
(121
)
(122
)
Balance, December31,
2005
—
$
—
416,582
$
4,166
$
2,990,676
$
—
$
580,430
$
(175,712
)
$
3,399,560
See accompanying notes to consolidated financial statements
71
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2006. EDGAR Online, Inc.