eTrade 2009 Annual Report Download - page 103
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E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(In thousands)
Common Stock Additional
Paid-in
Capital
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
EquityShares Amount
Balance, December 31, 2006 426,304 $4,263 $3,184,290 $ 1,209,289 $(201,472) $ 4,196,370
Cumulative effect of the adoption of
accounting guidance on January 1,
2007(1) — — — (14,903) — (14,903)
Adjusted balance 426,304 4,263 3,184,290 1,194,386 (201,472) 4,181,467
Net loss — — — (1,441,754) — (1,441,754)
Other comprehensive loss — — — — (189,924) (189,924)
Issuance of common stock 38,023 380 338,598 — — 338,978
Repurchases of common stock (7,228) (72) (148,560) — — (148,632)
Exercise of stock options and purchase
plans and related tax effects 4,260 43 55,848 — — 55,891
Issuance of restricted stock, net of
forfeitures and retirements to pay
taxes (558) (6) (4,151) — — (4,157)
Share-based compensation — — 34,983 — — 34,983
Other 97 1 2,212 — — 2,213
Balance, December 31, 2007 460,898 4,609 3,463,220 (247,368) (391,396) 2,829,065
Cumulative effect of the adoption of
accounting guidance on January 1,
2008(1) — — — (86,609) 86,894 285
Adjusted balance 460,898 4,609 3,463,220 (333,977) (304,502) 2,829,350
Net loss — — — (511,790) — (511,790)
Other comprehensive loss — — — — (328,152) (328,152)
Issuance of common stock 46,685 — — — — —
Exchange of debt for common stock 52,094 521 554,656 — — 555,177
Exercise of stock options and purchase
plans and related tax effects 633 6 (7,401) — — (7,395)
Issuance of restricted stock, net of
forfeitures and retirements to pay
taxes 464 5 (2,248) — — (2,243)
Share-based compensation — — 42,426 — — 42,426
Other 2,749 494 13,629 — — 14,123
Balance, December 31, 2008 563,523 $5,635 $4,064,282 $ (845,767) $(632,654) $ 2,591,496
(1) See Note 17—Shareholders’ Equity for more details related to the cumulative effect of the adoption of accounting guidance.
See accompanying notes to consolidated financial statements
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