eTrade 2010 Annual Report Download - page 101
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E*TRADE FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY
(In thousands)
Common Stock Additional
Paid-in Capital
Accumulated
Deficit
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
EquityShares Amount
Balance, December 31, 2007 46,090 $ 461 $3,467,368 $ (247,368) $(391,396) $ 2,829,065
Cumulative effect of the
adoption of accounting
guidance on January 1, 2008 — — — (86,609) 86,894 285
Adjusted balance 46,090 461 3,467,368 (333,977) (304,502) 2,829,350
Net loss — — — (511,790) — (511,790)
Other comprehensive loss — — — — (328,152) (328,152)
Issuance of common stock 4,669 — — — — —
Exchange of debt for common
stock 5,209 52 555,125 — — 555,177
Exercise of stock options and
related tax effects 63 1 (7,396) — — (7,395)
Issuance of restricted stock, net
of forfeitures and retirements
to pay taxes 46 1 (2,244) — — (2,243)
Share-based compensation — — 42,426 — — 42,426
Other 275 49 14,074 — — 14,123
Balance, December 31, 2008 56,352 $ 564 $4,069,353 $ (845,767) $(632,654) $ 2,591,496
Cumulative effect of the
adoption of accounting
guidance on April 1, 2009 — — — 20,163 (20,163) —
Net loss — — — (1,297,762) — (1,297,762)
Other comprehensive income — — — — 248,687 248,687
Issuance of common stock 62,095 621 732,497 — — 733,118
Amortization of premiums on
the convertible debentures — — 707,224 — — 707,224
Conversion of convertible
debentures 69,657 697 720,233 — — 720,930
Exercise of stock options and
related tax effects — — (9,456) — — (9,456)
Issuance of restricted stock, net
of forfeitures and retirements
to pay taxes 507 5 (3,189) — — (3,184)
Share-based compensation — — 46,184 — — 46,184
Other 786 7 12,311 — — 12,318
Balance, December 31, 2009 189,397 $1,894 $6,275,157 $(2,123,366) $(404,130) $ 3,749,555
See accompanying notes to the consolidated financial statements
98